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Two-step evaluations

A two-step evaluation splits the requirement across two phases with separate targets. Rex keeps both targets visible — 10% + 5% is never shown as 15% — so the structure stays readable.

348 options from 33 firms match, as of 2026-09-22.

Open these in the explorerOther ways to narrow

What put an option on this list

  • The firm publishes two evaluation phases.
  • Each phase's target is recorded separately, in its own unit.
  • Superseded options are excluded.

This is a filter, not a ranking. The order within each price group is by published amount; nothing on this page asserts that one option is better than another.

What this selection costs you

Less profit per phase, more exposure
You face the maximum loss and the daily loss in both phases, and a breach in phase two sends you back to the start.
Usually a longer path
Minimum trading days often apply to each phase, so the floor on time is doubled even if your speed is not.
Often cheaper at the same size
Where a firm sells both structures, the two-step is frequently the lower-priced one.

What currently matches

Grouped by currency and fee type. Amounts are ordered inside a group only — a monthly fee and a one-time fee are not one price scale, and no currency conversion is applied.

USD one-time

EUR one-time

  • $5K USD

    BrightFunded · 2-Step 5K

    Forex · CFD2-step

    €47
    Target
    8% + 5%
    Max loss
    Static 8%
    Daily loss
    4% · basis not published
    Split
    up to 90%

    First payout: NOT PUBLISHED

    PARTIAL RESEARCH57%documentedCompareDetails

  • $10K USD

    BrightFunded · 2-Step 10K

    Forex · CFD2-step

    €87
    Target
    8% + 5%
    Max loss
    Static 8%
    Daily loss
    4% · basis not published
    Split
    up to 90%

    First payout: NOT PUBLISHED

    PARTIAL RESEARCH57%documentedCompareDetails

  • $10K USD

    FTMO · 2-Step 10K

    Forex · CFD2-step

    €89
    Target
    10% + 5%
    Max loss
    Static 10%
    Daily loss
    5% of initial balance
    Split
    up to 90%

    First payout: —

    FULL RESEARCH45%documentedCompareDetails

  • $25K USD

    BrightFunded · 2-Step 25K

    Forex · CFD2-step

    €187
    Target
    8% + 5%
    Max loss
    Static 8%
    Daily loss
    4% · basis not published
    Split
    up to 90%

    First payout: NOT PUBLISHED

    PARTIAL RESEARCH57%documentedCompareDetails

  • $25K USD

    FTMO · 2-Step 25K

    Forex · CFD2-step

    €250
    Target
    10% + 5%
    Max loss
    Static 10%
    Daily loss
    5% of initial balance
    Split
    up to 90%

    First payout: —

    FULL RESEARCH45%documentedCompareDetails

  • $50K USD

    BrightFunded · 2-Step 50K

    Forex · CFD2-step

    €277
    Target
    8% + 5%
    Max loss
    Static 8%
    Daily loss
    4% · basis not published
    Split
    up to 90%

    First payout: NOT PUBLISHED

    PARTIAL RESEARCH57%documentedCompareDetails

  • $50K USD

    FTMO · 2-Step 50K

    Forex · CFD2-step

    €345
    Target
    10% + 5%
    Max loss
    Static 10%
    Daily loss
    5% of initial balance
    Split
    up to 90%

    First payout: —

    FULL RESEARCH45%documentedCompareDetails

  • $100K USD

    FTMO · 2-Step 100K

    Forex · CFD2-step

    €439
    Target
    10% + 5%
    Max loss
    Static 10%
    Daily loss
    5% of initial balance
    Split
    up to 90%

    First payout: —

    FULL RESEARCH45%documentedCompareDetails

  • $100K USD

    BrightFunded · 2-Step 100K

    Forex · CFD2-step

    €477
    Target
    8% + 5%
    Max loss
    Static 8%
    Daily loss
    4% · basis not published
    Split
    up to 90%

    First payout: NOT PUBLISHED

    PARTIAL RESEARCH57%documentedCompareDetails

  • $200K USD

    BrightFunded · 2-Step 200K

    Forex · CFD2-step

    €947
    Target
    8% + 5%
    Max loss
    Static 8%
    Daily loss
    4% · basis not published
    Split
    up to 90%

    First payout: NOT PUBLISHED

    PARTIAL RESEARCH57%documentedCompareDetails

  • $200K USD

    FTMO · 2-Step 200K

    Forex · CFD2-step

    €1,080
    Target
    10% + 5%
    Max loss
    Static 10%
    Daily loss
    5% of initial balance
    Split
    up to 90%

    First payout: —

    FULL RESEARCH45%documentedCompareDetails

Price not available

The rules this depends on

Read before you decide

Common questions

Does profit from phase one carry into phase two?
Generally no. Each phase usually restarts from the account's starting balance, which is why the targets are separate conditions.
Why does Rex not add the two targets?
Because no firm sets a combined target. Adding them would describe a test that does not exist.