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Forex prop firms with 3-step challenges

Forex: a three-step challenge spreads the evaluation over three phases, each with its own profit target. The target in each phase tends to be lower than in one- or two-step programs, and the fee can be lower too, but you have to stay within the loss limits for longer before you are funded. The programs below use three evaluation phases.

17 accounts from 3 firms. Checked on or before 25 October 2026.

Challenges 17

How we check and rank firmsChecked 25 October 2026
Forex prop firms with 3-step challenges
StepsProfit targetDaily lossMax lossBuy
MavenSince 2022
$2K3 StepsStandard 3-Step3%3%3%2%3%3.0080%to 90%$12.35$13Buy
MavenSince 2022
$5K3 StepsStandard 3-Step3%3%3%2%3%3.0080%to 90%$16.15$17Buy
The5ers4.740.5K
$20K3 StepsBootcamp6%6%6%None5%3.6050%to 100%$22Buy
MavenSince 2022
$10K3 StepsStandard 3-Step3%3%3%2%3%3.0080%to 90%$36.10$38Buy
FXIFY4.36.5K
$5K3 StepsThree Phase5%5%5%5%5%3.0080%to 90%$25.35$39Buy
FXIFY4.36.5K
$10K3 StepsThree Phase5%5%5%5%5%3.0080%to 90%$38.35$59Buy
MavenSince 2022
$20K3 StepsStandard 3-Step3%3%3%2%3%3.0080%to 90%$72.20$76Buy
FXIFY4.36.5K
$15K3 StepsThree Phase5%5%5%5%5%3.0080%to 90%$51.35$79Buy
The5ers4.740.5K
$100K3 StepsBootcamp6%6%6%None5%3.6050%to 100%$95Buy
FXIFY4.36.5K
$25K3 StepsThree Phase5%5%5%5%5%3.0080%to 90%$96.85$149Buy
MavenSince 2022
$50K3 StepsStandard 3-Step3%3%3%2%3%3.0080%to 90%$180.50$190Buy
The5ers4.740.5K
$250K3 StepsBootcamp6%6%6%None5%3.6050%to 100%$225Buy
FXIFY4.36.5K
$50K3 StepsThree Phase5%5%5%5%5%3.0080%to 90%$161.85$249Buy
MavenSince 2022
$100K3 StepsStandard 3-Step3%3%3%2%3%3.0080%to 90%$284.05$299Buy
FXIFY4.36.5K
$100K3 StepsThree Phase5%5%5%5%5%3.0080%to 90%$259.35$399Buy
FXIFY4.36.5K
$200K3 StepsThree Phase5%5%5%5%5%3.0080%to 90%$519.35$799Buy
FXIFY4.36.5K
$400K3 StepsThree Phase5%5%5%5%5%3.0080%to 90%$1,039.35$1,599Buy

How a three-step challenge works

Each phase works like a small evaluation: reach the target, stay inside the daily and maximum loss limits, and meet any minimum day count. Passing one phase opens the next, and passing the third leads to a funded account. Because the total target is split three ways, the gain you need in any single phase is usually modest.

The trade-off is exposure. More phases mean more trading days under evaluation rules, more chances for one bad session to end the attempt, and a longer wait before the first payout. Firms often pair the lower targets with a smaller maximum loss or a tighter daily limit, so lower targets do not always mean an easier path.

Before buying, add up all three targets and compare the total with the maximum loss, check whether the limits reset at each phase, and see whether a time limit applies to any phase. Also check how long the firm takes to review each phase, since waiting between phases adds to the total time to funding.

Frequently asked questions

Why would I choose a three-step challenge?

Lower targets per phase and, on some programs, a lower fee can suit traders with a slow, steady approach who prefer small objectives over one large target. Traders who want a quick route to a payout may find the extra phases a drawback.

Are three-step challenges common?

They are less common than one- and two-step programs and are mostly offered by forex and CFD firms. Futures firms mostly use single-phase evaluations.

Do I keep the profit made during the evaluation phases?

Generally no. Evaluation accounts are for assessment, and payouts start once you trade the funded account under its payout rules. A few programs pay a share of evaluation profit after you are funded, so check the payout terms.

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