We checked 18 prop firms sold or listed as two-step and ranked 15 genuine two-step products on one question page 1 ignores: which rules get stricter after you pass Phase 1, counted across eight rule types from each firm’s own pages, then cost per $1,000 of loss room at $50K.
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We checked 18 prop firms sold or listed as two-step and ranked 15 genuine two-step products on one question page 1 ignores: which rules get stricter after you pass Phase 1, counted across eight rule types from each firm’s own pages, then cost per $1,000 of loss room at $50K. No change after Phase 1: The5ers High Stakes New ($249, $62.25 per $1,000 on its conservative 8% floor), City Traders Imperium 2-Step ($329, $65.80), FXIFY Two Phase Standard ($379, $75.80, fee refunded, floor trails then locks) and Funded Trading Plus 2-Step Classic ($319, $79.75). One change: Hola Prime 2-Step Prime ($63.80, a 2% per-trade risk cap once funded). Two: Blue Guardian 2 Step Standard ($58.00), Alpha Capital Group Alpha Pro 10% Bi-Weekly ($59.40), BrightFunded 2-Step Classic ($66.68) and FTMO 2-Step Standard ($77.45, a 2-minute news window and a weekend close once funded). Three or four: AquaFunded 2 Step Elite ($44.32, the cheapest loss room ranked), FundingPips 2 Step Flex ($49.83, a 12% floor), FundedNext Stellar Lite ($57.50), Goat Funded Trader 2 Step GOAT ($61.60), For Traders Classic ($81.80) and Funding Traders Pro10 ($86.00). News windows that start only once funded are the most common change (8 of 15). Against each firm’s own 1-step, the second phase buys cheaper loss room at 11 of 15 firms. E8 Markets, Purdia and TradeDay turn up in two-step lists but sell a single evaluation.