1-Phase Challenge:
Your Direct Path to Professional Funding

One evaluation. One goal. Direct access to real capital. No unnecessary complications.

Verso’s 1-Phase Challenge is designed for experienced traders looking for the perfect balance between speed and validation. Unlike instant funding that doesn’t verify skills, or 2-phase challenges that require extended time, our 1-phase evaluation allows you to demonstrate your ability quickly but decisively.

Key Features of
One Phase Accounts

Choose account size and risk tier

No time limit for completion

Submit results for review

Receive funded demo account & credentials

Start trading and earn profits

Why choose the 1-Phase Challenge?

The 1-Phase Challenge is our optimized evaluation that combines the best of both worlds: the speed of fast funding with the structure needed to validate your strategy. With a single profit target and clear risk management rules, you demonstrate your skill without wasting weeks on multiple phases.

This challenge is designed for traders who already have proven experience and want quick access to capital without sacrificing the validation of their edge.

7 Advantages of the Verso 1-Phase Challenge

1. Funding in Half the Time While other traders wait 6-8 weeks with 2-phase challenges, you can be trading real capital in 2-4 weeks. A single phase means less time evaluating, more time generating real profits.

2. Clear and Achievable Goal: 10% Profit Target A single 10% objective designed to be reached through professional trading. No need for aggressive strategies or unnecessary risks. Consistent trading of +0.5% per day gets you there in less than a month.

3. Tight Rules for Precise Traders 10% maximum drawdown and 4% daily drawdown. Tighter limits than the 2-phase challenge, perfect for disciplined traders with strict risk management. If you risk 1-2% per trade, these limits are more than enough.

4. No Time Limit – Trade at Your Own Pace There is no artificial deadline. Trade when your strategy has the highest probability of success. If you need to wait 2 weeks for the perfect setup, do it. We only require minimal activity every 30 days to keep the account active.

5. Moderate Investment with Fast Refund Starting from $20 for a $1,250 account. Your investment is fully refunded after your first successful payout, making your evaluation practically free. Much more accessible than instant funding.

6. Competitive Profit Split up to 100% Start with a high profit split from your first funded account. Demonstrate consistent trading and scale up. Your earnings are truly yours, not the prop firm’s.

7. Real Preparation Without Prolonged Commitment One phase is enough to prove you have a real edge. You don’t need to prove the same thing twice as in 2-phase models. Maximum efficiency without sacrificing skill validation.

Feature Details
Available Account Sizes Up to $300,000
Profit Split 90% with the possibility of 100%
Required Profit Target 9%
Daily/Overall Drawdown 4%
Overall Drawdown 10%
Leverage Variable leverage from 1:2 to 1:100
Time Limit No time limits for trading
Trading News Accepted daily stock market news
Payout Frequency Possibility Bi-weekly, monthly or on-demand

1-Phase Challenge: Simplified 3-Step Process

Choose the
Funding Program
That Fits You Best

We have designed a range of flexible funding programs that adapt to different levels of experience, trading styles, and capital goals.

1-Phase Challenge Rules: Total Transparency

Risk Limits:

  • Maximum Drawdown: 10% of initial balance (calculated from high-water mark)
  • Daily Drawdown: 4% of initial balance (resets daily at 00:00 GMT)
  • Calculation: Includes open and closed positions to avoid surprises

The drawdown equal to the 2-phase challenge (10%) ensures that only traders with impeccable risk management pass. This protects both your capital and Verso’s when you trade the funded account.

Profit Target:

  • Single Goal: 9% net profit on initial balance
  • Calculation: Only closed positions count toward the goal
  • No minimum daily profit: Trade only when your strategy indicates

Trading Requirements:

  • Minimum days: 4 active trading days
  • Valid day: Any day with at least one position opened/closed and 0.5% minimum profit
  • No time limit: Take 2 weeks or 2 months, you decide
  • Activity required: Minimum 1 trade every 30 days

Permitted Strategies:

✅ Scalping (no minimum time restrictions)

✅ Day trading with intraday positions

✅ 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)

IMPORTANT: Trading Environment & Risk Disclosure

To maintain complete transparency, please read the following fundamental disclaimers before proceeding:

1. Simulated Environment: All trading accounts provided by Verso PropFirm 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 PropFirm 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 PropFirm services are not available to residents of the United States or any jurisdiction where such services may be restricted or prohibited by law.

Is the 1-Phase Challenge right for you?

This challenge is perfect if:

  • You have at least 1 year of trading experience
  • Your strategy is already proven with backtesting and forward testing
  • You trade with disciplined risk management (1-2% per trade)
  • You seek a balance between speed and skill validation
  • You prefer a clear goal vs multiple progressive phases
  • You want funding faster than 2-phase models
  • You are comfortable with a 10% drawdown.

Consider other options if:

  • You are a completely novice trader without a defined strategy
  • You need immediate funding (consider Instant Funding)
  • You prefer a wider drawdown with distributed goals (consider 2-Phase Challenge)
  • You have no experience trading under evaluation pressure

The 1-Phase Challenge is ideal for the “middle ground” of traders: no longer beginners, but still building a track record for instant funding.

8 Proven Strategies to Pass the 1-Phase Challenge

1. Define your Trading Plan BEFORE you start Do not improvise during the challenge. Before buying your evaluation, define: which instruments you will trade, in which sessions, how many trades per week, position size, and average stop loss. The plan is your bible.

2. Calculate your Position Sizing for an 8% Drawdown With a 4% daily drawdown, you cannot afford large losses. If you risk 2% per trade, you only have room for 2 losing trades per day. Reduce to 1-1.5% per trade for a better cushion.

3. 10% Goal = 0.5% per Trading Day Don’t think “I need 10% this month.” Think “I need +0.5% on the days I trade.” If you trade 20 active days, 0.5% x 20 = 10%. Small goals reduce psychological pressure.

4. Trade Only High-Conviction Setups The 1-phase challenge is less forgiving of mistakes than the 2-phase one. A 10% drawdown means you need higher precision. Trade only when ALL your criteria are met, not mediocre setups.

5. Monitor your Drawdown in Real Time Set alerts on your platform when you are close to 6% drawdown (only 4% margin left). At that level, reduce position size or take a break until you recover some profit.

6. Don’t Speed Up at the End of the Challenge Many traders do well up to 8-9% profit, then get aggressive to “finish fast.” Fatal mistake. The last trades must have the SAME risk management as the first ones. Consistent discipline wins.

7. Use the No-Time-Limit Advantage If the market is sideways or erratic, DO NOT force trades to “meet the active days.” Wait for volatility and clear trends. Your advantage is being able to wait for optimal conditions without a timer pressing you.

8. Document Every Trade for Learning Especially if you fail the challenge the first time. Analyze which trades violated your plan, which were emotional, and which ignored market conditions. Learn for the second attempt.

The 6 Mistakes That Make You Fail the 1-Phase Challenge

Error #1: Ignoring the 10% Drawdown and not adjusting risk management. With a 10% margin, you need more conservative position sizing. You cannot risk 2% per trade as before.

Error #2: Trying to Complete 9% in One Week The 9% objective creates psychological pressure. Traders feel “it must be fast because it is 1 phase.” Error. There is no time limit. Taking 4-6 weeks with selective trading is BETTER than failing in week 1 due to aggressiveness.

Error #3: Not Taking Advantage of the No-Time-Limit Benefit Your biggest advantage vs other prop firms is NOT having a deadline. If the market is sideways for 2 weeks, WAIT. Don’t force trades just because “a week has already passed.” Trade only A+ conditions according to your strategy.

Error #4: Confusing 1 Phase with Instant Funding Yes, it is faster than 2 phases, but it is NOT instant funding without verification. You need to demonstrate real skill. Traders who enter with a “this will be easy” mentality usually violate drawdown within days.

Error #5: Not Reducing Risk Near 6-7% Drawdown If you already have a 6% drawdown, you only have 2% margin left before failing. This is the time to reduce position sizing to 0.5% per trade or take a complete break until you recover.

Error #6: Trading with Insufficient Capital for Your Style If you are a swing trader holding positions for 3-5 days, a $10,000 account might be too small to manage risk properly. Consider starting with $25,000-$50,000 for greater flexibility.

1-Phase Challenge vs Instant Funding: Which one to choose?

INSTANT FUNDING is better if:

  • You have 3+ years of verifiable experience
  • You have already passed multiple challenges from other prop firms
  • You need capital IMMEDIATELY without waiting
  • You can trade within a 6% drawdown (vs 10% in 1-Phase)
  • You are willing to pay more ($39-$1344) without a refund

1-PHASE CHALLENGE is better if:

  • You have 1-2 years of experience but are still building a track record
  • You prefer a moderate investment ($20-$1194) with a refund
  • You can wait 2-4 weeks for funding
  • You want a wider drawdown (10% vs 6% for instant)
  • You value “proving” your skill vs simply paying for capital

The key difference: Instant Funding = “We believe you, here is the capital now” 1-Phase Challenge = “Show us first, then we give you the capital”

Instant Funding is for veteran traders who no longer need to prove anything. 1-Phase Challenge is for experienced traders who are still building their reputation.

Frequently Asked
Questions

Get clear answers about our funded accounts, evaluations, supported platforms, payouts (bi-weekly, monthly, on-demand), and policies. Everything you need no fine print.

A single-step evaluation. If you reach the required profit target following all risk management rules, you qualify for a funded account.

The profit target is 9% of your initial balance, depending on the account size and the selected level.

No, you can take as much time as needed to complete your evaluation phase.

You may trade Forex, Crypto, Indices, and Commodities as offered by your chosen platform.

You must respect both daily and overall drawdown limits. Variable drawdown means you can select your own risk protection level.

Once you pass, you receive demo credentials for your funded account and can begin trading for real profit payouts.

No. The only cost is your initial challenge investment. We do not charge additional commissions on your profits beyond the agreed profit split. Total transparency.

Payouts follow the same schedule as other programs: bi-weekly, monthly, or on demand.

Your initial investment is fully refunded after your first successful payout. For example, if you paid $319 for the challenge, you will receive those $319 back along with your first payout after having the funded account.