Euro Global Prop 79 90% splitTopstep 74 90% splitHalcyon Trader Funding 74 90% splitVFunded 71 85% / 80% / 90% splitBona FX 70 75% splitGoken Trader 66 80% splitMTI Prop 65 80% / 50% splitFundedNext 64 80% / 60% splitThe5ers 63 80% on the first payout, up to 100% later splitMy Funded Capital 62 70% / 80% splitDominion Funding 61 80% splitHola Prime 61 80% on the first payout, up to 95% later splitFTMO 60 90% splitLivox Capital 60 100% on the first payout, then 90% splitNeta Funded 60 90% splitApex Trader Funding 58 100% on the first payout, then 90% splitEuro Global Prop 79 90% splitTopstep 74 90% splitHalcyon Trader Funding 74 90% splitVFunded 71 85% / 80% / 90% splitBona FX 70 75% splitGoken Trader 66 80% splitMTI Prop 65 80% / 50% splitFundedNext 64 80% / 60% splitThe5ers 63 80% on the first payout, up to 100% later splitMy Funded Capital 62 70% / 80% splitDominion Funding 61 80% splitHola Prime 61 80% on the first payout, up to 95% later splitFTMO 60 90% splitLivox Capital 60 100% on the first payout, then 90% splitNeta Funded 60 90% splitApex Trader Funding 58 100% on the first payout, then 90% split

Phase 1 vs Phase 2

The two-step structure and how to treat each phase.

A two-step evaluation splits the target. Phase 1 is usually the larger target with the same risk rules; phase 2 is a smaller target to prove repeatability.

Treat each phase as its own test. A common mistake is to over-trade after hitting phase 1.

Keep the same risk and the same strategy in both phases. Changing approach under pressure is how targets are wasted.

Do not chase the target early. A steady, rules-based approach gets there reliably.

Takeaways

Phase 1 usually has the larger target; phase 2 proves repeatability.
Treat each phase as its own test; do not overtrade after phase 1.
Keep the same risk and strategy throughout.

Self-check

Why do firms add a second, smaller phase?

To confirm the result is repeatable and not a lucky pass.

Trading involves risk. Educational only, not advice. Mark it complete to bank progress.

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