At a glance
There are four routes to a simulated funded account: 2-Step, 1-Step, Flash and Instant. Every account is simulated, and every account has a fee.
On 2-Step, 1-Step and Flash you qualify by passing a simulated evaluation: reach the profit target in closed, net profit and complete any minimum trading days, with all positions closed and pending orders cancelled, and without breaching a loss limit or a trading rule.
Instant has no evaluation. You start on a simulated funded account, sold from $10K to $100K, and the payout conditions apply from the first cycle.
A pass counts only once we confirm that every objective was met. Passing does not guarantee a reward.
The objectives on each evaluation route
2-Step | 1-Step | Flash | |
Profit target | 8% in phase 1, then 5% in phase 2 | 10% | 2% |
Max daily loss | 5% | 3% | None during the evaluation |
Max overall loss | 10% | 6% | 5% |
Overall loss during the evaluation | Static | Static | Static |
Minimum trading days | 3 per phase | 3 | None |
Time limit | None | None | None |
These are the published values for each product, and the objectives published for your product when you buy are the ones that apply to your evaluation. For minimum trading days, a server-time day qualifies only when its net profit reaches at least 0.5% of the account's starting balance, and profit on positions still open at the end of the day does not count. Opening a trade alone is not enough. Flash can pass on its first trading day, although that does not mean the funded account starts the same day. No evaluation has a consistency rule. There is no time limit to reach the target on 2-Step, 1-Step or Flash. Opening or closing a trade counts as activity, and so does a change in the profit or loss of a position you hold open. Signing in to your Dashboard or your platform does not. An account with no activity may be closed for inactivity, and we e-mail you first (Terms §5.7).
Example: the same $100K size on three routes
2-Step: reach $8,000 profit in phase 1 over at least 3 qualifying days, then $5,000 in phase 2 over at least 3 more. Each qualifying day needs at least $500 of net profit. On a $100,000 account, the daily allowance stays $5,000, even when the balance at the start of the day changes. The overall floor remains $90,000.
1-Step: reach $10,000 profit over at least 3 qualifying days of at least $500 each. On a $100,000 account, the daily allowance stays $3,000, even when the balance at the start of the day changes. The overall floor remains $94,000.
Flash: reach $2,000 profit, with no minimum days and no daily loss limit during the evaluation. The evaluation overall floor remains $95,000.
Your daily loss limit is a fixed dollar amount. It is your product's daily loss percentage of the starting balance of your current payout cycle. During an evaluation, that starting balance is the account size you bought. Your trading profits and losses do not change this amount, either during the day or from one day to the next. Each server day starts at 00:00 server time. During the day, your equity, including open positions, must not fall below that day's floor. On 1-Step and 2-Step, the floor is your balance at the start of the day minus the limit. On a funded Flash or Instant account, the floor is the higher of your balance and your equity at the start of the day, minus the limit. After a payout is completed and paid, a new payout cycle starts. The balance left in the account becomes the new starting balance, and your overall loss limit starts again from it. The payout itself does not count as a trading loss. It also does not give back any of the daily limit you have already used, so the amount you can still lose that day stays the same. At the next daily reset, your daily limit is recalculated from the new starting balance. These figures illustrate the rules. They do not forecast how long an evaluation takes or whether it will pass.
From a pass to a funded account
We confirm the result. On 2-Step, passing phase 1 moves you to phase 2. Passing the final phase is what qualifies you for the funded stage. Each new phase and the funded account start at the account size you bought, and evaluation profit does not carry over. We do not promise a time for setting up your next stage. See What happens after I pass an evaluation?.
On Flash, the rest of the price becomes due. Flash starts at $0.99 at every size, and the rest of the price is due only if you pass, within 14 days of the e-mail telling you that you passed. If it is not paid, the pass lapses, nothing is owed and the $0.99 is not refunded. For example, a $100K Flash costs $468.21 in total: $0.99 to start and $467.22 after a pass. Flash has no reset, and no discount code applies to it. Its add-ons, the 100% split upgrade, Payout On Demand and swap-free, can be bought only with the payment after you pass, and they apply once the account is funded. New Flash purchases do not earn a credit toward a 2-Step.
Identity verification. Your identity must be verified before your first payout, on every product. We may also ask you to verify at another time, for example if a payment partner requires it. We publish no set processing time (Terms §4.2) (AML & KYC Policy §4.2–4.3).
Your first payout. On a funded account, every payout cycle needs qualifying days (3 on 2-Step and 1-Step, 7 on Flash, 5 on Instant), at least 3% net profit on the cycle's starting balance and at least $100 of your share. Without Payout On Demand, the first payout also waits at least 14 days from your first trade on the funded account. Payout On Demand removes that wait, and on Flash it is bought with the payment after you pass. On Flash, your best day must also be at most 20% of the cycle's eligible profit. During the first month after our launch, a person reviews every payout. See When can I request a payout?.
Once you are funded, some conditions change
Flash: a 3% daily loss limit applies, and the overall loss limit becomes trailing and locks at your starting balance.
2-Step: forex leverage goes from 1:100 to 1:50.
Weekends and holidays: holding stays allowed on a funded 2-Step. On a funded 1-Step, Flash or Instant, open positions are closed and pending orders cancelled at the platform's Friday close before each weekend, and 30 minutes before each instrument's holiday close. This is not a breach, and crypto that trades around the clock stays open. Holding overnight on weekdays is allowed on every account.
News: on funded accounts, profit on trades opened or closed within 3 minutes of a high-impact release is not eligible and is taken off your balance, and that can cause a loss-limit breach. The exception is a trade opened at least 5 hours earlier and closed by a pre-set stop loss or take profit. A trade opened or closed exactly at the edge of the window counts as inside it.
Breaking a loss limit: the loss limits apply on every account, evaluated or funded, and exceeding one is a breach. A funded account that breaks a loss limit is closed, with no warning first. An evaluation that exceeds a limit fails (Terms §5.4). See How an EverFunded funded account works.
Before you buy
The fee is not a deposit. It is the money at risk, and it is spent whether or not you pass.
No credit check. Qualification is based on the published objectives and rules, and on confirming they were met. Identity verification is still required before your first payout, and in some cases further checks, such as a live verification interview, may be needed (Terms §8.7).
No route is ranked fastest. We do not rank routes by speed or by the chance of passing. Flash has a 2% target, no minimum trading days and no daily loss limit during the evaluation, and more payout conditions once funded: 7 qualifying days per cycle and a best-day check. 2-Step has two phases with wider loss limits. Instant skips the evaluation, and its payout conditions apply from the first cycle. Compare the mechanics in Which account should I choose: 2-Step, 1-Step, Flash or Instant?. We do not publish a pass rate yet: see How many traders pass the Challenge?.
Funded accounts are simulated too. See How an EverFunded funded account works.
If a product page, an advert and this article seem to disagree, note the product, size and exact wording. Ask us before you buy: use Messenger ("Talk to a person") or e-mail [email protected]. The objectives published for your product at purchase govern your evaluation.
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Next step
Next: compare the four accounts side by side in Which account should I choose: 2-Step, 1-Step, Flash or Instant?.
All trading at EverFunded is simulated. The fee you pay is the money at risk. Rewards are discretionary and never guaranteed.