Prop firms · By account type

Two phase prop firms: the 2027 ranking

81 of the 276 prop firms in the Tradoshi 2027 ranking qualify for this page. The highest ranked are FTMO (84.5/100), FundedNext (80.5/100) and FXIFY (79.7/100). A two phase challenge sets two profit targets in a row, the second usually lower, before the funded account.

Tradoshi 2027 ranking, data as of October 30, 2026. Methodology

The 81 firms, from highest to lowest ranked

RankFirmScoreAccount type$100K priceMax lossDaily lossPlatforms
#1FTMO84.5Two phase challenge$60110%static5%MetaTrader 4, MetaTrader 5, TradingView, cTrader
#4FundedNext80.5Two phase challenge$55010%static5%MetaTrader 4, MetaTrader 5, cTrader, Match-Trader
#7FXIFY79.7Two phase challenge$54910%static4%MetaTrader 5, DXtrade, TradingView, Trading Platform 4
#14OneStopProp76.8Two phase challenge$5428%static4%Match-Trader
#17Orion Funded76.2Two phase challenge$6296%static3%MetaTrader 5, Match-Trader
#22EverTrader75.2Two phase challenge$55710%static5%EverStation Pro
#28MasterFunders74.4Two phase challenge$54910%static5%Match-Trader
#29CMC Funded74.1Two phase challenge$49910%static5%Match-Trader
#30WeMasterTrade74.0Two phase challenge$44510%5%MetaTrader 5
#35Carrot Funding73.3Two phase challenge$3096%static3%not recorded
#42Dolvero72.6Two phase challenge$54910%static5%MetaTrader 5, DolveroTrader web terminal, Bybit
#43Goat Funded Trader72.3Two phase challenge$4788%3%MetaTrader 5, cTrader, Match-Trader, TradeLocker
#47BluSky71.8Two phase challenge, subscription$316 /month4%trailingnoneTradovate, Rithmic, Tickblaze, BlackArrow
#51Amadeux71.6Two phase challenge$4498%static5%MetaTrader 4, MetaTrader 5
#53AIFO71.5Two phase challenge$44910%static5%MetaTrader 5
#54TakeCap FT71.5Two phase challenge$54610%static5%TradeLocker
#55PineX Capital71.4Two phase challengenot recorded10%static4%MetaTrader 5, TradeLocker
#61FX2 Funding71.1Two phase challenge$93010%static4%DXtrade, Match-Trader, cTrader
#65NextGen Funding70.7Two phase challenge$5298%static5%MetaTrader 5, cTrader
#66bitfunded70.7Two phase challenge$79910%static5%not recorded
#68Velotrade70.5Two phase challenge$76910%static5%DXtrade
#69FundingRock70.5Two phase challenge$3506%static3%TradeLocker, cTrader
#71Cyber Funded70.4Two phase challenge$57810%static4%MetaTrader 5
#80PropFunded69.6Two phase challenge$79910%static5%Cleo, Match-Trader
#82Crypto Fund Trader69.4Two phase challenge$66010%static5%Match-Trader, MetaTrader 5, Bybit
#85Atmos Funded69.3Two phase challenge$54910%static5%MetaTrader 5
#89BrightFunded69.0Two phase challenge$5318%static4%MetaTrader 5, cTrader, DXtrade
#101FOREXIVE68.4Two phase challenge$29912%static5%Platform 5
#105Elites Funding67.7Two phase challenge$49910%static5%TradeLocker
#107Funding Pips67.5Two phase challenge$65210%static5%MetaTrader 5, cTrader, Match-Trader
#112Funded767.1Two phase challenge$59910%static5%MetaTrader 5, cTrader
#114Audacity Capital67.0Two phase challenge$54915%not recordedMetaTrader 5, DXtrade
#118LegionFunding66.9Two phase challenge$52910%4%MetaTrader 5
#121V Prop Trader66.7Two phase challenge$46010%5%MetaTrader 5, Match-Trader, Fortex 7, TradingView
#123SpicepropRegulator warning: see its review66.6Two phase challengenot recordednot recordednot recordedMetaTrader
#126Hash Hedge66.4Two phase challenge$79910%5%not recorded
#127MyFundedCapital66.3Two phase challenge$68910%static5%MyFundedCapital Terminal, cTrader, DXtrade, GooeyPro
#128The Funded Way66.3Two phase challenge$5326%static3%not recorded
#131OFunded66.1Two phase challenge$4507%static5%cTrader, DXtrade, Match-Trader, GooeyPro
#133TenTrade66.0Two phase challengenot recordednot recordednot recordedMetaTrader 5
#135Forge of Traders66.0Two phase challenge$4659%static5%Match-Trader
#137Funding Traders65.9Two phase challengenot recordednot recordednot recordedMetaTrader 5
#138Rhodium FX65.9Two phase challenge$41910%5%Match-Trader
#143ZoraFX65.5Two phase challengenot recordednot recordednot recordedMetaTrader 5
#144Funded Academy65.5Two phase challenge$56710%5%cTrader, MetaTrader 5
#145Texaris65.5Two phase challenge$69910%static5%not recorded
#146Funded IQ65.4Two phase challenge$44910%5%MetaTrader 5
#153Alpha Trader Firm65.0Two phase challenge$90010%5%TradeLocker, Match-Trader
#156We Fund You Trade64.8Two phase challenge$57710%static5%not recorded
#165FTMO US64.0Two phase challenge$61910%static5%MetaTrader 5, TradingView
#168Falcon Funded63.4Two phase challenge$49411%4%MetaTrader 5, TradeLocker, TradingView
#170SharkFunded63.3Two phase challenge$3566%3%MetaTrader 5
#176Quant Tekel (Ascendx)63.0Two phase challenge$5508%4%MetaTrader 5, TradeLocker
#179Windlu63.0Two phase challenge$49912%static5%Match-Trader
#182AI Prop62.7Two phase challenge$9888%5%not recorded
#185Funding Your Trades62.4Two phase challenge$45910%static6%Match-Trader, Platform 5
#191Funded Trading Plus62.0Two phase challengenot recordednot recordednot recordedMetaTrader 5, Match-Trader
#200fundora-trading61.4Two phase challenge$50010%5%cTrader
#201Funded Guru61.4Two phase challenge$39910%5%MetaTrader 4, MetaTrader 5, cTrader, DXtrade
#204IC Funded60.8Two phase challenge$68910%static5%MetaTrader 5, cTrader

The 60 highest ranked of 81. The full list is in the directory.

Price of a $100,000 account, activation fee included, with no promo code, for each firm's rated programme. This page contains no affiliate links.

Frequently asked questions

What is the best two phase prop firm?

In the Tradoshi 2027 ranking it is FTMO, #1 of 276 with 84.5/100, on public criteria covering trust, payouts, reviews, conditions and visibility. The right choice also depends on the price and the loss rules.

How many firms are on this page?

81 of the 276 in the 2027 ranking, as of October 30, 2026.

Which one is the cheapest?

Like for like, for a $100,000 account with no promo code: two phase challenge: FOREXIVE ($299); monthly subscription: BluSky ($316 a month).