FundingPips Two-Step Challenge Explained: Rules, Targets & the Real Trader Breakdown

What the FundingPips Two-Step Challenge Actually Is

The FundingPips Two-Step Challenge is the firm’s classic evaluation model: two phases, two profit targets, clean structure, and no hidden consistency rules during the evaluation (unless you voluntarily add Daily Rewards on the Pro version). It’s the most stable and predictable way to reach a Master Account with FundingPips — especially compared to the Zero model, which is far stricter.

The Two-Step sits right in the middle: more forgiving than Zero, less aggressive than 1-Step, and far more structured than their Pro variants. For traders who want clarity and room to breathe, this is usually the safest FP path.

Phase Requirements: Student (Phase I) + Practitioner (Phase II)

You must pass two phases to qualify for a Master Account. Below is the exact structure — simplified into trader language.

Phase I: Student Phase

This phase defines your trading profile. You choose your profit target:

• Option A: +8% target
• Option B: +10% target
• Minimum Trading Days: 3
• News + Weekend Holding: Allowed
• Daily Loss Limit: 5%
• Max Loss: 10%

Why two targets?
Some traders prefer the lower 8% target for a smoother evaluation; others go for 10% because they like aggressive starts.

Phase II: Practitioner Phase

Once you pass Phase I:

• Profit Target: +5%
• Minimum Trading Days: 3
• Same risk rules as Phase I
• News/Weekend freedom still active

For accounts below $100k, FundingPips instantly issues the next phase.
For $100k+, they manually review your previous phase before moving you forward.

Pass both → you get offered a Master Account.

Hard-Breach Rules (The Stuff That Ends Your Account Immediately)

The Two-Step Evaluation has cleaner rules than Zero or 1-Step, but the breaches still hit hard.

Maximum Loss Limit — 10% of initial balance

Example:
100k account → cannot fall below $90,000 (equity or balance).

Daily Loss Limit — 5% Based on the Higher Number

FundingPips always uses whichever is higher — your balance or equity — when calculating the 5% daily limit.

Examples:

• Balance $105k, Equity $107k → cannot fall below $101,650
• Balance $100k, Equity $99k → cannot fall below $95,000

This resets daily at 00:00 GMT+2.

3% Rule (Master Account Only)

This rule only activates after you pass:

Your biggest loss on any single trade idea (including split entries) cannot exceed 3% of initial balance.

Examples:

• A single trade cannot lose more than 3% ($3,000 on a 100k)
• Splitting a position still counts toward the same 3% cap
• Re-entering within 5 minutes = same trade idea

This is one of FP’s cleanest rules — and the one most traders ignore until it kills them.

Inactivity — 30 Days

No completed trades for 30 days → account breached.

Soft-Breach Rules (Warnings + Profit Removal)

Soft breaches don’t close the account, but FP can remove profits or limit access.

Lot Exposure Limit

For Two-Step accounts:

• $5k / $10k: No limit
• $25k: Max 10 lots
• $50k: Max 20 lots
• $100k: Max 40 lots (also applies to merged >100k accounts)

Go over your exposure limit → profits after the limit get deducted.

Repeated violation → profit cut and account closure.

FundingPips also enforces a separate per-click cap:

• Max 20 lots per click (platform limitation).

News & Weekend Rules

Evaluation Phase:

• News trading allowed
• Weekend holding allowed

Master Account:
You may hold through news/weekend, unless the trade is opened/closed inside a high-impact window:

• No opening/closing within 5 minutes before/after high-impact news
• Profits made inside that window → disqualified
• Exception: trades opened ≥ 5 hours before news can close freely

On-Demand payouts remove all news restrictions.

This is identical to the 1-Step model’s news logic.

Rewards After Passing (4 Payout Cycles, Not One)

Every Two-Step Master Account gets access to the same payout system as the 1-Step:

1. On-Demand (90% Split)

• Request whenever
• Requires 35% consistency score
• Minimum payout: 2% of starting balance
• News trading allowed

2. Tuesday Payday (60% Split)

• Request each Tuesday
• Quickest low-split cycle

3. Bi-Weekly (80% Split)

• Every 14 days
• No consistency requirement
• Best mix of flexibility + fairness

4. Monthly (100% Split)

• Every 30 days
• Full payout

Universal payout rules

• Minimum reward: 1% of initial balance
• Biggest-loss cannot exceed biggest-win (Master)
• Fees/exchange rates apply

Two-Step vs Two-Step Pro vs 1-Step — The Real Comparison

Is the FundingPips Two-Step Worth It in 2025?

Yes — for most traders, it’s the safest model FundingPips offers.

Here’s why:

Strengths

• No consistency rules during evaluation
• No news or weekend restrictions during evaluation
• High max loss (10%) vs other FP models
• Fair targets
• Clean progression
• Multiple payout options after passing

Weaknesses

• Equity-based loss logic is still unforgiving
• 3% rule on Master applies to all FP models
• Lot-exposure limits can surprise traders
• Payout system is complex if you don’t read carefully

If you’re a structured trader with stable setups — not a gambler — the Two-Step Challenge is your best FundingPips entry point.

CTA: Start the Two-Step Challenge (The PTV Way)

If you want to start the FundingPips Two-Step Challenge, do it with full clarity — not with “affiliate blog optimism.”

👉 Start the FundingPips Two-Step Challenge

And before you buy anything, read the complete rule breakdown:

👉 My Full FundingPips Review (Targets, Drawdowns, Payouts & Risks)

Being informed is the edge most traders skip. Don’t.