FundedVerse currently offers two Challenge Models:
1-Step Challenge — A single evaluation phase. You must reach a 10% profit target while respecting a 4% daily loss limit and a 6% trailing maximum drawdown (the trailing floor locks once it reaches 96% of the initial balance). Minimum 2 trading days required. Once passed, you receive your funded (simulated live) account directly.
2-Step Challenge — Two evaluation phases. Phase 1: 8% profit target, 5% daily loss limit, 10% trailing maximum drawdown (floor at 96%), minimum 2 trading days. Phase 2: 5% profit target, 5% daily loss limit, 10% trailing maximum drawdown (floor at 96%), minimum 3 trading days. After passing both phases, you receive your funded account.
Both models have no maximum time limit — take as long as you need to complete each phase. All trading is conducted in a simulated environment.