From my experience, two-phase challenges often feel fairer and closer to real trading conditions. They test both profitability and consistency over time, which mirrors how actual portfolio managers operate. Instant funding programs can be attractive, but they sometimes lack the pressure and discipline of structured phases. I use vettedpropfirms to compare evaluation formats, including daily loss limits, trading days, and drawdown rules. This helps identify firms whose rules match realistic market dynamics instead of rigid or artificial setups designed mainly to make traders fail.
From my experience, two-phase challenges often feel fairer and closer to real trading conditions. They test both profitability and consistency over time, which mirrors how actual portfolio managers operate. Instant funding programs can be attractive, but they sometimes lack the pressure and discipline of structured phases. I use vettedpropfirms to compare evaluation formats, including daily loss limits, trading days, and drawdown rules. This helps identify firms whose rules match realistic market dynamics instead of rigid or artificial setups designed mainly to make traders fail.