The Verso 2-Phase Challenge is the most established model in prop trading, designed for traders who value discipline over speed. Instead of betting everything on a single phase, you have two structured opportunities to prove that your results are not a coincidence, but the product of a solid strategy and consistent risk management. Demonstrate real consistency.
Two phases designed to validate your strategy and risk management skills.
The 2-Phase Challenge is our structured evaluation program that verifies your ability to generate consistent profits under real market conditions. Unlike instant funding, this model allows you to demonstrate your strategy progressively.
This challenge is designed for traders looking to build a sustainable career in professional trading, not quick shortcuts.
1. Progressive Structure Rewarding Consistency Phase 1 requires an 8% profit target, Phase 2 requires 6%. This descending structure reduces pressure and allows you to consolidate your strategy between phases, validating that your results are replicable.
2. Fair and Transparent Rules Maximum drawdown of 10% and daily drawdown of 4%. No arbitrary restrictions that sabotage legitimate strategies. We allow news trading, EAs, scalping, and all professional strategies.
3. No Time Limit to Complete Trade at your own pace without artificial deadline pressure. Take the best market opportunities when they appear, not when a timer demands it. We only require minimum activity every 30 days.
4. Accessible Investment with Guaranteed Refund Starting from $14 for a $1,250 account. Your initial investment is fully refunded after your first successful payout on your funded account, making your evaluation virtually free.
5. Real Capital Scaling Pass the challenge and start with your funded account. Demonstrate consistency and scale progressively up to $300,000. No artificial ceiling on your professional growth.
6. Competitive Profit Split up to 100% Start with a 90% profit split and increase up to 100% as you demonstrate consistent results. Your earnings are truly yours.
| Feature | Details |
|---|---|
| Available Account Sizes | Up to $300,000 |
| Profit Split | 90% with the possibility of 100% |
| Required Profit Target | 8% – 6% |
| Maximum Daily Loss | 4% |
| Maximum Total Loss | 10% |
| Leverage | Variable leverage from 1:2 to 1:100 |
| Time Limit | No time limits to trade |
| News Trading | Daily stock market news accepted |
| Payout Frequency | Possibility of bi-weekly, monthly, or on demand |
We have designed a range of flexible funding programs that adapt to different levels of experience, trading styles and capital goals.
In this phase, you demonstrate your ability to execute your strategy profitably. The 8% target is designed to be achievable without taking unnecessary risks. Trade with discipline, respect your risk management rules, and move to Phase 2.
What counts as a trading day? Any day you open or close at least one position with a minimum profit of 0.5%. This ensures active trading and prevents system manipulations.
Goal: Reach 10% net profit
Phase 2 has an intentionally reduced target. We are not looking for you to repeat heroic feats; we want to confirm that your success in Phase 1 was not luck. A 5% target is perfectly achievable with consistent and professional trading.
Goal: Reach 5% net profit
AFTER PASSING BOTH PHASES
You receive your real funded account with the same trading conditions as during the challenge. Start generating real profits and request your first payout after 14 days of active trading.
Risk Limits:
Profit Targets:
Trading Requirements:
Allowed Strategies:
✅ Scalping (no minimum time restrictions)
✅ Day trading
✅ Swing trading and overnight positions
✅ Trading during high-impact news
✅ Expert Advisors (EAs) and automated bots
✅ Hedging and position coverage
✅ Holding positions over the weekend
Restrictions:
❌ Copy trading or order duplication between accounts
❌ Latency arbitrage or tick scalping
❌ Price manipulation or system exploits
❌ Trading during server rollover (5 minutes)
This challenge is perfect if:
Consider other options if:
Being honest about the right fit ensures that our traders have positive experiences and sustainable results.
1. Trade Only High-Probability Setups You don’t need to trade every day to meet the 4-day minimum. Wait for your best setups according to your strategy. Quality over quantity always wins in evaluations.
2. Religiously Respect Your Risk Management Never risk more than 1-2% per trade. With a 5% daily drawdown, one bad day shouldn’t wipe out your account. Disciplined risk management is what separates professional traders from gamblers.
3. Divide Your Profit Target into Weekly Goals Instead of thinking “I need 10%”, think “I need 0.5% per active trading day”. Small goals are psychologically more manageable and prevent overtrading.
4. Keep a Detailed Trading Journal Record every trade, your emotional state, market conditions, and results. Identify patterns in your best and worst trades to replicate successes and eliminate errors.
5. Take Breaks After Losses If you have 2-3 consecutive losing trades, turn off the platform. Revenge trading is the number one killer of challenge accounts. Return when you have mental clarity.
6. Don’t Speed Up in Phase 2 Many traders fail Phase 2 due to overconfidence after passing Phase 1. The target is lower (5%) precisely because we want to see maintained discipline, not new feats. Trade exactly as you did in Phase 1.
7. Use Backtesting Before Starting Before starting your challenge, backtest your strategy with Verso’s specific rules (10% drawdown, 5% daily). Ensure your strategy is viable within these parameters.
To maintain complete transparency, please read the following fundamental disclaimers before proceeding:
1. Simulated Environment: All trading accounts provided by Verso Prop Firm are demo accounts funded with virtual capital. All trading activity takes place in a simulated environment and does not involve real financial markets or actual monetary risk.
2. No Financial Advice: Verso Prop Firm is not a licensed financial institution, broker, or investment advisor. Our services are intended solely for educational and evaluation purposes.
3. Real Rewards: No real money is traded on our platform; profits or losses are entirely simulated. However, the rewards we pay (profit split) are real money transferred to your account.
4. Performance Warning: Results achieved in demo trading may differ significantly from live trading. Past performance is not indicative of future results.
5. Restricted Jurisdictions: Verso Prop Firm services are not available to residents of the United States or any jurisdiction where such services may be restricted or prohibited by law.
Error #1: Overtrading to Reach Targets Quickly Many traders enter a “I need this 10% NOW” mode and start taking any marginal setup. Result: they violate daily drawdown in 2-3 days. Patience always wins in evaluations.
Error #2: Not Adjusting Position Sizing to Drawdown Trading with 2% risk per position leaves you with only 2-3 losing trades before violating the 5% daily drawdown. Reduce to 1% or less during evaluations for a larger margin of error.
Error #3: Revenge Trading After Losses Losing 2% in a trade generates an “I need to recover it immediately” emotion. This is the most dangerous moment. Turn off the platform, analyze what went wrong, and return the next day with a clear mind.
Error #4: Changing Strategy Mid-Challenge Your strategy isn’t working after 3 days, and you decide to try something completely new. Error. If your strategy has a proven edge in backtesting, trust the process. Variance is normal.
Error #5: Relaxing in Phase 2 Due to Overconfidence “I already passed Phase 1, Phase 2 is only 5%, it’s easy.” This mentality kills accounts. Phase 2 requires the exact same discipline as Phase 1. Do not change anything about your approach.
Get clear answers about our 2-Phase Challenge accounts, evaluations, supported platforms, payments (bi-weekly, monthly, on-demand), and policies. Everything you need without the fine print.
A two-step evaluation. Pass both phases by reaching the profit targets and following risk management rules to unlock your funded account.
Phase 1 generally requires a 10% profit. Phase 2 requires 6%.
No, you can take as much time as needed.
Forex, cryptocurrencies, indices, commodities as provided by your platform.
Respect both daily and overall drawdown limits for each phase. Choose your preferred risk tier before starting.
You receive your funded demo account and can begin earning real profit payouts.
Yes, you have the option to reset and retry for a fee.
Payouts available bi-weekly, monthly, or on demand.
