The Funded Trader has officially updated its 1 Step Knight Challenge today, introducing a simplified one-step evaluation with relaxed risk limits, enhanced flexibility, and a generous 95% profit split for funded traders.
The Funded Trader Updated Its 1 Step Knight Challenge
Key Changes in the Challenge Phase
The new 1 Step Knight Challenge eliminates the traditional two-phase evaluation, offering a streamlined approach with improved trader-friendly conditions:
- Minimum trading days: 5
- Minimum profitable day target: 1.5% per day for five days
- Maximum loss limit: 8% (static drawdown), up from 6%
- Daily loss limit: 5%, up from 3% (balance-based with a soft breach system)
- Maximum accounts per trader: 20
- News trading: Enabled
- Automated trading (EAs, cBots): Allowed
- Consistency score requirement: 50% (applies to both the challenge and funded accounts)
Updates to the Funded Phase
Once traders successfully pass the challenge, they gain access to a funded account with more flexible payout conditions and risk management rules:
- Max loss limit: 8% (static)
- Daily loss limit: 5% (balance-based, soft breach)
- Withdrawals: Anytime payouts
- Consistency score requirement: 50%
- Minimum profitable days per withdrawal cycle: At least two profitable days with 1% gains each
- Profit split: 95%
This one-step evaluation makes it easier for traders to get evaluations, offering higher risk tolerance, no restrictions on trading strategies, and faster access to profits. With anytime withdrawals and a top-tier profit-sharing model, the 1 Step Knight Challenge is set to attract traders looking for a more efficient and rewarding prop trading experience.
About the Firm
The Funded Trader is searching for passionate and experienced traders who will succeed with their funds’ help by showing skills in unpredictable market conditions. Traders have the opportunity to earn substantial profits, with the flexibility to manage account sizes up to $200,000 and receive up to 95% profit splits. This can be accomplished through trading various financial instruments, including forex pairs, commodities, indices, and cryptocurrencies.
Also, use our Discount Code (FOREXPROPREVIEWS) for a 10% Discount or read the Review.
