Carrot Funding 2-Phase Challenge $5K challenge
The $5K size of Carrot Funding's 2-Phase Challenge program: a 2-step evaluation with a 10% max loss and a 80% profit split. Every limit below is shown as a percentage and as an amount.
4.5 out of 10PropFirmly score for Carrot FundingRanked 9 of 13 crypto firmsThe numbers
- Account size
- $5K
- 2-step
- Price
- $65
- One-time fee
- Phase 1 target
- 5%
- $250
- Phase 2 target
- 8%
- $400
- Daily loss limit
- 5%
- $250
- Max loss
- 10%
- $500, balance trailing
- Profit split
- 80%
- Payouts
- On demand
- Minimum trading days
- None
- Time limit
- None
- Fee refunded
- No
How it compares
Target ÷ max loss
1.30
You need 1.30 times the allowed loss in profit before you pass.
Break-even return
1.63%
Return needed on the funded account for your share to cover the fee.
Cost per $100K
$1,300
More expensive than the $970 median for $5K crypto challenges at other firms.
What the rules mean in practice
- There are 2 phases. Phase 1 needs $250 profit (5%); Phase 2 needs $400 profit (8%). The loss limits apply in every phase.
- On any single day you can lose up to $250 (5%). Check Carrot Funding's rules for whether that is measured from the day's starting balance or equity, because open trades count.
- The account fails if you lose $500 (10%). This is balance trailing drawdown: the loss limit rises with your closed balance as you make profit, so it follows your gains.
- Consistency rule: None
- At a 80% split, you need about 1.63% return on the funded account to earn back the $65 fee.
- Payouts: on demand once the funded account can pay out at least 100 USDC, with all positions and orders closed. Each request takes the full available amount and is paid within 24 hours in USDC on Arbitrum.
- Phase 1 (Evaluation) needs 5% and Phase 2 (Verification) needs 8%, both measured from the starting balance; the rulebook gives $105,000 and $108,000 as the passing balances on a $100K account.
- The 5% daily loss is set each day at 00:00 UTC from the account's equity at that time. The 10% maximum loss trails the highest closed balance and stops trailing once the floor reaches the starting balance.
- Both limits carry over unchanged to the funded account, which has no profit target.
- The homepage's step-by-step text mentions an 8% maximum loss for 2-Phase, but its price cards, the rulebook and the FAQ all give 10%.
- Account balances are in USDC; prices are charged in US dollars. The fee is not refunded once the account is activated.
This is our reading of Carrot Funding's published rules. The firm's own terms always take priority. See the full Carrot Funding rules.
Other 2-Phase Challenge sizes
| Steps | Profit target | Daily loss | Max loss | Buy | ||||
|---|---|---|---|---|---|---|---|---|
| $5K | 2 Steps2-Phase Challenge | 5%8% | 5% | 10% | 1.30 | 80% | $65 | Buy |
| $10K | 2 Steps2-Phase Challenge | 5%8% | 5% | 10% | 1.30 | 80% | $119 | Buy |
| $20K | 2 Steps2-Phase Challenge | 5%8% | 5% | 10% | 1.30 | 80% | $239 | Buy |
| $50K | 2 Steps2-Phase Challenge | 5%8% | 5% | 10% | 1.30 | 80% | $449 | Buy |
| $100K | 2 Steps2-Phase Challenge | 5%8% | 5% | 10% | 1.30 | 80% | $699 | Buy |
No challenges match these filters. Pick another size or clear a filter.
Other Carrot Funding programs
Each at the size nearest $5K.
Similar $5K challenges
Same account size at other crypto firms, cheapest first.
| Steps | Profit target | Daily loss | Max loss | Buy | |||||
|---|---|---|---|---|---|---|---|---|---|
 WenCryptoSince 2026 | $5K | 2 StepsDouble Pass | 10%6% | 5% | 8% | 2.00 | 80% | $33$44 | Buy |
 Propr4.467 | $5K | 2 StepsClassic 2-Step | 5%10% | 5% | 8% | 1.88 | 80% | $50 | Buy |
 Fundedbit4.119 | $5K | 2 Steps2-Step | 10%5% | 5% | 10% | 1.50 | 80% | $38.50$55 | Buy |
 Crypto Fund TraderSince 2022 | $5K | 2 Steps2-Phase | 8%5% | 5% | 10% | 1.30 | 80%to 90% | $46.40$58 | Buy |
 HyroTrader4.0229 | $5K | 2 StepsTwo-Step | 10%5% | 5% | 10% | 1.50 | 80%to 90% | $53.10$59 | Buy |
 Bitfunded4.3203 | $5K | 2 Steps2-Step | 8%5% | 5% | 10% | 1.30 | 80% | $79 | Buy |
No challenges match these filters. Pick another size or clear a filter.
More featured challenges
Carrot Funding 2-Phase Challenge $5K questions
How does Carrot Funding score on PropFirmly?
4.5 out of 10, ranked 9 of 13 crypto firms we track. The score rates the firm, not this one account: trader reputation, track record, payout terms, pricing, rule flexibility and platform choice, weighted as described on our methodology page.
How much is the Carrot Funding 2-Phase Challenge $5K challenge?
The list price is $65, before any discount code.
What is the profit target?
Phase 1: 5% ($250). Phase 2: 8% ($400).
What is the maximum loss?
10%, or $500, using balance trailing drawdown. The loss limit rises with your closed balance as you make profit, so it follows your gains.
Is there a daily loss limit?
Yes, 5% ($250).
What profit split does it pay?
80%. Payouts: on demand.
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