PropPassCheck

Strategy styles

Can a position trading strategy pass a prop firm challenge?

Yes, on most rule sets. Our sample position trader passed 80% of attempts on the middle challenge of the 63 we track, from 92% at FTUK Flex Challenge down to 16% at The Trading Pit Futures Prime 50K. The sample has a real edge built in, so read this as how the rules treat the style, not as your own odds.

33.3%Trades that win
4RSize of a winner
0.9RTypical daily swing
80%Pass chance, middle challenge
92Trading days to pass, typical

The sample position trader

A position trading strategy takes a handful of trades a month and holds them for weeks, aiming for a move several times the risk. It is the slowest style here.

Our sample wins 33.3% of its trades, each winner is 4 times the risk, each loser is the full risk, and it takes about three trades a month. That is an average of 0.66R profit per trade, where R is the amount risked. The shape: About three trades a month, a third of them winners at four times the risk. Each trade carries a large edge, and there are very few of them.

Best challenges for a position trading strategy

The 10 challenges where the sample passed most often. Every figure is for the sample trader at its best trade size; days are trading days. Each name links to how the style does across that firm's accounts.

AccountPass chancePass and get paidBest risk a tradeDays to passTargetDaily lossMax loss
FTUK Flex Challenge92%27%0.63%524%5%6% trailing, locks at start
FundedNext Stellar 2-Step87%83%1%1168% / 5%5%10% static
FundingPips 2 Step Standard87%83%1%1128% / 5%5%10% static
Hola Prime 2-Step Pro 100K87%83%1%1078% / 5%5%10% static
Hola Prime 2-Step Prime 100K87%83%1%1128% / 5%5%10% static
FTMO 1-Step Challenge87%67%1%7110%3%10% trailing
Instant Funding One-Phase Pro87%59%1%7110%3%8% static
Fintokei ProTrader86%82%1%1188% / 6%5%10% static
Atlas Funded 2-Step86%80%1%1078% / 5%5%10% static
Goat Funded Trader 2 Step GOAT86%80%1%1158% / 6%4%10% static

Best instant accounts for a position trading strategy

Instant accounts have no challenge to pass, so they are ranked on the chance of reaching a first payout before breaking a rule.

AccountFirst payoutBest risk a tradeDays to payoutPayout needsDaily lossMax loss
Instant Funding Clarity (instant)95%1%140.1% profitNone10% static
FXIFY Instant Funding94%1%140.1% profit8%8% trailing
Lark Funding Instant Master94%1%130.1% profit5%8% trailing, locks at start
Funded Trading Plus Instant Program93%0.75%130.05% profit6%6% trailing, locks at start
FundedNext Stellar Instant92%0.75%150.1% profitNone6% trailing, locks at start

Which rules help and which hurt

On 60 of the 63 challenges, the most common way the sample failed was hitting the maximum loss. The table shows the middle pass chance by how deep the maximum loss is and whether it is static or trailing.

Maximum lossStaticTrailing
10% or more86% (13)81% (3)
6% to under 10%82% (13)77% (5)
Under 6%Too few to say (1)76% (28)

The number in brackets is how many challenges are in the group. Targets, daily limits and time limits differ between the groups too, so treat this as a pointer, not proof of what one rule does alone.

Rules a position trading strategy runs into

Weekend and overnight rules
Trades held for weeks sit through every weekend. A firm that bans weekend holding rules this style out, and swap charges add up on accounts that have them.
Time and inactivity rules
Three trades a month is too few for a 30-day limit. Some firms also close accounts that go weeks without a trade.
It takes months
A typical pass in our runs took months. Futures accounts with a monthly fee charge for every one of them.

These are not in the pass figures above. Where we have recorded them:

We have recorded these rules for only some accounts. If a firm is not listed, check its own rules before you buy. With a pass, the test centre checks your trade file against them.

Every firm, for a position trading strategy

FirmBest account for this styleTypePass chancePass and get paid
FTUKFlex Challenge1-step92%27%
FTMO1-Step Challenge1-step87%67%
FundedNextStellar 2-Step2-step87%83%
FundingPips2 Step Standard2-step87%83%
Hola Prime2-Step Pro 100K2-step87%83%
Instant FundingOne-Phase Pro1-step87%59%
Atlas Funded2-Step2-step86%80%
FintokeiProTrader2-step86%82%
Goat Funded Trader2 Step GOAT2-step86%80%
BrightFunded2-Step Classic2-step85%81%
City Traders Imperium2-Step2-step85%80%
Lark Funding1-Step Career1-step85%77%
Atmos Funded Caution2-Stage Standard 100K2-step84%80%
Audacity CapitalAbility Challenge2-step84%80%
BulenoxQualification 50K1-step84%58%
Legends TradingElite 50K1-step84%55%
The5%ersHigh Stakes (2-step)2-step84%80%
PipFarmClassic (2-stage)2-step83%79%
Alpha Capital GroupAlpha Pro 8%2-step82%78%
AquaFunded2 Step Standard2-step82%78%
Bullwaves Prime Caution1-Step 100K1-step82%42%
Hantec TraderEnhancedX (2-Step)2-step82%59%
Maven Trading2-Step2-step82%77%
ThinkCapitalDual Step (Intraday)2-step82%77%
FXIFYTwo Phase (trailing)2-step81%77%
Day TradersEOD 50K1-step80%40%
Earn2TradeGauntlet Mini 50K1-step79%40%
AquaFuturesFlex 50K1-step78%71%
Blue Guardian1 Step Standard1-step78%73%
Top One FuturesElite 50K1-step78%32%
TradeifySelect 50K (Flex)1-step78%73%
Apex Trader FundingEOD 50K1-step77%60%
Elite Trader Funding1-Step 50K1-step77%73%
Blue Guardian FuturesElite 50K1-step76%49%
E8 MarketsE8 One1-step76%49%
FundedNext FuturesRapid Pro 50K1-step76%49%
Lucid TradingLucidFlex 50K1-step76%67%
MyFundedFuturesRapid EOD 50K1-step76%54%
Phidias PropfirmFundamental 50K1-step76%37%
Take Profit Trader50K Test (PRO)1-step76%69%
TopstepTrading Combine 50K1-step76%67%
TradeDayFast Pass 50K1-step76%56%
Alpha FuturesStandard 50K1-step75%48%
BluSky TradingLaunch 50K2-step59%45%
Traders LaunchLegacy NYC 100K1-step35%25%
The Trading Pit CautionFutures Prime 50K1-step16%12%
Funded Trading PlusInstant ProgramInstant fundingNo challenge93%

Compared with the other styles

StyleWinsSize of a winnerPass chance, middle challenge
Swing trading44.4%2R81%
High win rate75%0.4R80%
Position trading (this one)33.3%4R80%
Opening range breakout55%1R72%
Trend following34.3%2.5R67%
Mean reversion58.3%0.8R61%
Breakout36.7%2R59%
Low win rate20%5R54%
Day trading41.3%1.5R45%
Scalping53.7%0.9R44%
Grid and martingale90.9%0.3R31%

How this was worked out

Each style is a made-up sample trader, not a real track record. We set the figures so that every sample makes the same average profit: 0.1 times its risk per trading day, about 2R a month. They differ only in shape: how often they win, how big the winners are and how many trades they take. That way a difference between two styles comes from how the rules treat the shape, not from one sample simply being better. The exception is the grid and martingale sample, which has no edge at all: adding to losing trades changes the shape of the results but cannot create an edge.

Each sample was run 1,000 times against each account's published rules, at nine trade sizes from 0.13% to 1% of the account, and we show the size that did best. It is the same engine as the test centre. How the simulation works.

What this leaves out. Every sample but that one has a real edge and never breaks its own rules, which is why these figures are far higher than the share of real traders who pass. There are no spreads, commissions, swaps or slippage. Every winner and loser is the same size. And it only tests the rules in the table: profit targets, loss limits, trading days, time limits, consistency and payout terms, not rules on news, weekends or hold times. A strategy with no edge fails everywhere, whatever its style.

Questions

Can a position trading strategy pass a prop firm challenge?

Yes, on most rule sets. Our sample position trader, which wins 33.3% of its trades, each winner is 4 times the risk, each loser is the full risk, and it takes about three trades a month, passed 80% of attempts on the middle challenge of the 63 we track. The best was FTUK Flex Challenge at 92% and the worst The Trading Pit Futures Prime 50K at 16%. The sample has a real edge built in; a strategy without one fails everywhere.

Which prop firm is best for a position trading strategy?

On the rules alone, FTUK Flex Challenge gave our sample the best chance of passing (92%), followed by FundedNext Stellar 2-Step (87%) and FundingPips 2 Step Standard (87%). That ranks the rules for this shape of results; it says nothing about how reliably each firm pays.

How much should a position trading strategy risk per trade in a challenge?

In our runs the best size for this sample was 0.75% of the account per trade on the middle challenge, and ranged from 0.3% to 1% depending on the rules. Tighter loss limits need smaller trades. Your own best size depends on your win rate and losing runs.

Test your own trades

These are samples. Your strategy has its own win rate, its own losing runs and its own costs. Upload a backtest or trade history and PropPassCheck replays it 2,000 times against every account, and shows your own chance of passing and of a first payout. It runs in your browser; nothing is uploaded.

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