FundedVerse currently offers five Challenge Models:
1-Step Challenge — A single evaluation phase. You must reach a 10% profit target while respecting a 3% daily loss limit and a 8% 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. Funded account conditions differ from Challenge phase.
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. Funded account conditions differ from Challenge phase.
3-Step Challenge — Three evaluation phases. Each phase requires a 6% profit target, 4% daily loss limit, and 8% trailing maximum drawdown (floor at 96%), with a minimum of 2 trading days per phase. After passing all three phases, you receive your funded account. Funded account conditions differ from Challenge phase.
Fast Pass 1-Step — A single evaluation phase with tighter risk parameters. You must reach a 4% profit targetwhile respecting a 3% daily loss limit and a 4% trailing maximum drawdown (floor at 96%). Minimum 5 trading days required. Funded account conditions differ from Challenge phase.
Ultra 1-Step — A single evaluation phase with a premium reward structure. You must reach a 10% profit target while respecting a 5% daily loss limit and a 10% trailing maximum drawdown (floor at 96%). Minimum 10 trading days required in Funded Stage, not at challenge phase. Comes with a fixed 80% profit split. Funded account conditions differ from Challenge phase.
All models have no maximum time limit — take as long as you need to complete each phase. All trading is conducted in a simulated environment.