PropFirmWay

Institutional 2-Step $150K

2-Phase

The cheapest of the four models and the one with the most room: two phases at 10 percent then 8 percent, against a 4 percent daily drawdown and a 10 percent maximum drawdown, static throughout. Seven minimum trading days in each phase with 365 days available, then 5 trading days on the funded account. Leverage 1:100 in both phases and 1:30 once funded. The funded stage has no profit target, no time limit, and pays a split between 70 and 100 percent. Against the Standard 2-Step it trades a tighter daily limit - 4 percent rather than 5 - and a harder second phase for a lower price.

Account Size
$150,000
Evaluation Fee
$630$567
Promo Code
PFW10
Earn +1,008 reward points

Position Sizing

Max Lot Size
No Limit
Max Open Positions
No Limit
Max Open Lots (Total)
No Limit

Time & Holding Restrictions

Overnight HoldingAllowed
Weekend HoldingAllowed

Trading Style Permissions

Scalping
HFT
Hedging
Martingale
Grid Trading

News Trading

News Trading Allowed

Automation & Copy Trading

Expert Advisors (EAs)
Copy Trading
Trade Copier Between Own Accounts

Additional Restrictions

Stop Loss Required
No
Consistency Rule

Not stated - we found no official statement either way. Check the firm's terms before trading.