1 Step vs 2 Step evaluation challenges: Which to choose? Prop Firm guide 2024 - MUST WATCH

Looking to get funded as a trader? Understanding 1-step & 2-step evaluation accounts is KEY! This video breaks it down:

Pros & Cons of Each Type: We explore the advantages and disadvantages of both 1-step and 2-step evaluations, helping you choose the best fit for your goals and risk tolerance.
Top Prop Firms for EACH Approach: Discover reputable firms offering both 1-step (FTUK, Funded Engineer, FXIFY) and 2-step (FTMO, Smart Prop Trader, Funding Pips) evaluations.
Make an Informed Decision: Learn how to compare rules, targets, and pricing to find the perfect prop firm and account type for YOUR success!

Make sure to subscribe to @PropChoice - there will be lots more videos to come, and you don't want to miss out!

For today's video, I go back to basics to discuss the Prop Firm evaluation process and clearly explain how one-step and two-step evaluation accounts work.

🔍 Detailed Comparison
We'll explore the pros and cons of each account type. What makes a one-step evaluation appealing, and when might a two-step process be more advantageous? Find out the intricacies, including profit targets, drawdown limits, and other vital rules.

🌟 Featured Prop Firms
We've carefully selected a list of reputable prop firms known for their excellence in one-step and two-step evaluations. A special highlight on Funded Engineer, a rapidly growing firm offering both evaluation types with unique benefits:

Funded Engineer's Turbo Challenge (One-Step):

Profit Target: 10%
Max Daily Loss: 4%
Max Overall Loss: 6%
Trading Leverage: 1:100
No Time Limit
Profit Split: 80/20% to 90/10%
YouTube: @propfirmdata

Other featured Prop Trading Firms include:

💡 Making the Right Choice
Choosing the right evaluation account is a critical step towards your success in prop trading. We provide insights to help you align your decision with your trading goals and preferences.

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[rachelsoland]

You're the best at explaining this!

[guido]

Can we get the reward weekly instead of month in 2step

[johnesau]

my dudes accent is some strange. I can't tell where he's from