One Step Prop Firms 2026: Single-Phase Evaluation Challenges - Complete Guide

One-step prop firms offer single-phase evaluation challenges that eliminate the traditional two-phase process, getting you funded faster. Instead of completing a Challenge phase and then a Verification phase, one-step evaluations require passing only one phase to receive your funded account. This comprehensive guide covers everything you need to know about one-step prop firms in 2026.

One-step prop firms showing single-phase evaluation process and faster path to funding

One-step prop firms provide faster paths to funded accounts through single-phase evaluations. Source: Unsplash

What Are One-Step Prop Firms?

One-step prop firms are proprietary trading companies that offer single-phase evaluation challenges instead of the traditional two-phase system. In a one-step evaluation, you only need to pass one phase (typically requiring 10-25% profit) to receive your funded account, eliminating the need for a second verification phase.

Traditional two-step evaluations require passing a Challenge phase (typically 8% profit target) and then a Verification phase (typically 5% profit target). One-step evaluations consolidate this into a single phase with a higher profit target, making the path to funding faster but requiring more profit in one phase.

Leading one-step prop firms include FundedNext (Express Model with 25% target), Apex Trader Funding (PA accounts), and TopStep (Trading Combine). Compare all options using our prop firm comparison tool or explore instant funding prop firms for even faster paths to funding.

How One-Step Evaluations Work

Single Phase Structure

One-step evaluations consolidate the entire evaluation process into a single phase. Instead of two separate phases with separate profit targets, you have one phase with a combined profit target (typically 10-25%). Once you reach this target while maintaining compliance with all trading rules, you receive your funded account immediately.

This structure eliminates the risk of passing the first phase but failing the second phase, which can be frustrating in traditional two-step evaluations. However, it requires generating more profit in a single phase, which can be challenging for some trading styles.

Profit Targets

One-step evaluation profit targets are higher than individual phases in two-step evaluations. Common targets include:

  • FundedNext Express: 25% profit target
  • Apex Trader Funding PA: $6,000 profit (varies by account size)
  • Other firms: Typically 10-20% profit targets

These higher targets reflect the fact that you're completing what would normally be two phases in one. While the total profit required is similar to two-step evaluations, you must achieve it in a single phase without the safety net of passing phase one first.

Time Limits

One-step evaluations typically have time limits similar to two-step evaluations (usually 30-60 days, though some firms offer unlimited time). The time limit applies to the single phase, giving you the full evaluation period to reach your profit target.

Some firms offer unlimited time for one-step evaluations, which can be advantageous if you prefer a more relaxed pace. Always check the specific time limits for each firm's one-step program before starting.

Top One-Step Prop Firms 2026

#1 ONE-STEP

1. FundedNext Express Model

FundedNext offers an Express Model that functions as a one-step evaluation. This model requires a 25% profit target in a single phase, with a 15% profit share during the evaluation phase. Once you reach 25% profit, you receive your funded account with an 80-90% profit split.

FundedNext's Express Model is popular among traders who can generate higher profits quickly and want to avoid the two-phase process. The 15% profit share during evaluation provides some income while working toward the target, which is unique among one-step programs.

The Express Model supports forex, indices, commodities, and crypto trading, making it versatile for different trading styles. FundedNext also offers traditional two-phase evaluations if you prefer that approach.

Profit Target:25%
Profit Share (Evaluation):15%
Profit Split (Funded):80-90%
FundedNext Express Model one-step evaluation

2. Apex Trader Funding PA Accounts

Apex Trader Funding offers PA (Performance Account) options that function as one-step evaluations for futures traders. These accounts require reaching a $6,000 profit target (varies by account size) in a single phase to receive funding.

Apex's PA accounts are ideal for futures traders who want faster funding and can generate consistent profits. They offer flexible rules including no daily drawdown on most accounts, making them attractive for various trading strategies.

$6K Profit Target90% SplitFutures Focus
Read Full Review →

3. TopStep Trading Combine

TopStep offers Trading Combine programs that function as one-step evaluations for futures traders. These programs have specific profit targets and rules that, when met, result in funded accounts.

TopStep's Trading Combine is known for its educational focus and trader development programs. While it functions as a one-step evaluation, it also provides extensive educational resources and support throughout the process.

Educational Focus90% SplitUS Friendly
Read Full Review →

4. My Funded Futures

My Funded Futures offers one-step evaluation options for futures traders. Their programs provide flexible rules and competitive profit splits, making them attractive for traders seeking faster funding paths.

Flexible Rules90% SplitFutures
Read Full Review →

5. Take Profit Trader

Take Profit Trader offers one-step evaluation programs for futures traders with competitive terms and flexible trading rules. Their programs are designed for traders who want faster paths to funding.

US Friendly90% SplitFlexible
Read Full Review →

One-Step vs Two-Step: Detailed Comparison

FeatureOne-StepTwo-Step
Phases1 Phase2 Phases
Profit Target10-25% (single phase)8% + 5% (two phases)
Speed to FundingFasterSlower
Risk LevelHigher (one chance)More Forgiving
Best ForAggressive traders, quick profitsGradual progress, risk management
Failure RiskOne phase to passCan fail after passing phase 1
Total Profit Required10-25%~13% (8% + 5%)

Advantages of One-Step Evaluations

Faster Path to Funding

One-step evaluations get you funded faster by eliminating the second verification phase. Instead of completing two phases sequentially, you complete one phase and receive funding immediately upon reaching your profit target.

This speed advantage is significant for traders who can generate profits quickly and want to start earning from funded accounts sooner. The reduced time to funding can also mean less time exposed to evaluation risks.

Eliminates Second Phase Risk

One of the biggest frustrations with two-step evaluations is passing the first phase but failing the second phase. One-step evaluations eliminate this risk entirely—you either pass and get funded, or you don't, with no intermediate success that can be lost.

This psychological advantage can help traders maintain focus and avoid the demotivation that comes from failing after successfully completing phase one in two-step evaluations.

Simpler Process

One-step evaluations have a simpler, more straightforward process. There's no need to manage two separate phases, track progress across phases, or worry about transitioning from phase one to phase two.

This simplicity can reduce stress and allow traders to focus entirely on reaching their profit target without the complexity of managing multiple phases.

Better for Aggressive Traders

One-step evaluations are ideal for traders who can generate higher profits quickly and prefer aggressive trading approaches. If your strategy consistently produces 10-25% returns, one-step evaluations can get you funded faster.

Traders with high win rates, strong risk management, and the ability to compound profits quickly often find one-step evaluations more suitable than the gradual approach of two-step evaluations.

Disadvantages of One-Step Evaluations

Higher Profit Targets

One-step evaluations require higher profit targets (10-25%) in a single phase compared to two-step evaluations where targets are split across phases (8% + 5%). This higher target can be challenging for traders who prefer gradual progress or have strategies that produce steady but smaller returns.

Less Forgiving

One-step evaluations are less forgiving because you have only one chance to pass. In two-step evaluations, if you fail phase one, you can retry; if you pass phase one but fail phase two, you at least know you can pass phase one. One-step evaluations don't offer this intermediate validation.

Requires More Aggressive Trading

To reach 10-25% profit targets in a single phase, you typically need to trade more aggressively or take larger positions than you might in a two-step evaluation. This increased aggression can increase risk and may not suit all trading styles or risk tolerances.

How to Choose: One-Step vs Two-Step

Choose One-Step If:

  • You can consistently generate 10-25% returns
  • You want faster funding and are confident in your strategy
  • You prefer simpler, more straightforward processes
  • You want to avoid the risk of failing a second phase after passing the first
  • Your trading style is aggressive and produces quick profits

Choose Two-Step If:

  • You prefer gradual progress with lower targets per phase
  • You want more opportunities to validate your strategy
  • Your trading style produces steady but smaller returns
  • You prefer a more forgiving evaluation process
  • You want to test your strategy in phase one before committing to phase two

Strategies for One-Step Evaluation Success

1. Focus on High-Probability Setups

With higher profit targets, you need to focus on high-probability trading setups that offer the best risk-reward ratios. Avoid marginal trades and wait for your best opportunities. Quality over quantity becomes even more important in one-step evaluations.

2. Compound Profits Strategically

Use compounding to accelerate toward your profit target. As your account grows, you can take larger positions (within risk limits) to generate profits faster. However, maintain strict risk management—don't increase position sizes recklessly.

3. Manage Drawdowns Carefully

Drawdown management is critical in one-step evaluations. With only one phase to pass, you can't afford significant drawdowns. Use strict stop losses, maintain proper position sizing, and avoid over-trading during losing streaks.

4. Trade During Optimal Conditions

Focus your trading during optimal market conditions when your strategy performs best. Avoid trading during low-liquidity periods, major news events (unless that's your strategy), or when you're not at your best mentally.

5. Monitor Progress Closely

Track your progress toward the profit target daily. Calculate how much profit you need and how many trading days remain. Adjust your approach if you're falling behind, but avoid becoming overly aggressive in response to time pressure.

Frequently Asked Questions

What profit target do one-step evaluations require?

One-step evaluation profit targets typically range from 10% to 25%, depending on the prop firm. FundedNext Express requires 25%, Apex Trader Funding PA accounts require $6,000 profit (varies by account size), and other firms typically require 10-20%. Always check the specific firm's requirements, as targets can vary significantly.

Are one-step evaluations easier than two-step?

One-step evaluations aren't necessarily easier—they have higher profit targets but eliminate the risk of failing a second phase. They're faster but require more profit in a single phase. The choice depends on your trading style: if you can generate higher profits quickly, one-step may be better; if you prefer gradual progress, two-step might suit you better.

How long do one-step evaluations take?

One-step evaluations typically have the same time limits as two-step evaluations (usually 30-60 days, though some firms offer unlimited time). However, since you only need to complete one phase, successful traders often reach their targets faster than they would complete two phases in traditional evaluations.

Can I switch from two-step to one-step?

Some prop firms offer both one-step and two-step options, allowing you to choose when purchasing an evaluation. However, you typically can't switch mid-evaluation. If you're in a two-step evaluation, you must complete it; if you want one-step, you'd need to purchase a new one-step evaluation. Always check with the specific firm about their policies.

What happens if I fail a one-step evaluation?

If you fail a one-step evaluation (by violating rules, exceeding drawdown limits, or not reaching the profit target within the time limit), you typically need to purchase a new evaluation to try again. Some firms offer discounts on retakes, while others require full price. Unlike two-step evaluations where you might pass phase one, one-step failures require starting completely over.

Which is better: one-step or two-step?

Neither is inherently better—it depends on your trading style and preferences. One-step is better if you can generate higher profits quickly and want faster funding. Two-step is better if you prefer gradual progress, want more validation opportunities, or have strategies that produce steady but smaller returns. Consider your risk tolerance, trading style, and profit generation ability when choosing.

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