2-Step Challenge
The 2-Step Model is designed to test and refine your trading skills in two phases. Successfully completing both phases without violating any trading rules will qualify you for a Simulated funded account.
2-Step Standard Challenge
Overview of All Steps
Step 1 Trading Objectives:
Achieve a 8% profit target on Step 1.
Complete a minimum of 3 trading days to pass the evaluation.
Adhere to the trading rules and loss limits.
Upon successfully passing, you will automatically proceed to the next step.
Step 2 Trading Objectives:
Achieve a 5% profit target on Step 2.
Complete a minimum of 3 trading days to pass the evaluation.
Adhere to the trading rules and loss limits.
Upon successfully passing, your entire evaluation period will be reviewed. Congratulations, once the review is a success, you will be a funded AI PROP Trader.
Account Sizes & Pricing
The 2-Step Challenge is available in the following account sizes (challenge fee in USD):
Account Size | Challenge Fee |
|---|---|
$10K | $198 |
$25K | $388 |
$50K | $688 |
$100K | $988 |
$200K | $1,988 |
$500K | $3,888 |
$1M | $7,288 |
Prices follow the official pricing page at aiprop.com/pricing. Please always check that page for the latest prices and promotions.
Account Violations (Hard Breach)
Hard breach are serious violations to our established rules. A hard breach happens when a trader exceeds the maximum daily loss or total drawdown limit, resulting in the immediate closure of the account. This applies during evaluation and funded.
Daily Drawdown Limit – 5%
What does this mean?
The maximum daily loss allowed is 5% of your initial account balance. This is calculated daily at 00:00 GMT, based on the higher value of either your account balance or account equity.
How is it calculated?
At the 00:00 GMT day reset:
We check the higher of your account balance or equity.
We subtract 5% of the initial account balance from this value to calculate your daily drawdown limit for the next day.
Example 1: Higher Equity
With a $105k balance and a $107k equity, your equity cannot fall below $101,650 that day.
Example 2: Higher Balance
With a $100k balance and a $99k equity, your equity cannot fall below $95,000 that day.
Maximum Loss Limit – 8%
The Maximum Loss Limit is the total amount your equity or balance cannot go below. Violating this rule is a hard breach and will lead to the closure of your account.
Maximum Loss Limit: 8% (of the initial account size)
Example:
For a $100,000 account, your equity or balance cannot drop below $92,000.
Key Notes:
· Daily drawdown resets daily at 00:00 GMT.
Rewards
Profit Split
Traders receive a 80% profit split as standard. Example: If a trader earns a profit of $5,000 and requests a payout, they will receive $4,000 as their total payout.
Upon checkout you have the option to upgrade with an add on to:
95% PROFIT SPLIT
On-demand Payout
Reward Cycle
We offer bi-weekly payouts, allowing traders to withdraw their profits every 14 days. Simply request a reward, and your earnings will be processed accordingly.
Leverage
The account leverage is the ratio of a trader’s capital to the size of positions they can control.
Forex: 1:10
Spot Metals: 1:5
Spot Energies: 1:5
Indices: 1:5
Crypto Currencies: 1:2
Shares USA: 1:5
Shares EU: 1:5
ETF's CFD: 1:5
Depending on the traders risk management we increase the leverage back to its Max.