In the world of PAX MARKET FUNDS prop trading, the evaluation process is one of the most critical factors that determines how quickly and effectively a trader can gain access to funded capital. Traditionally, many prop firms rely on 2-step or even 3-step challenges, requiring traders to pass through multiple profit targets, consistency rules, and verification stages before they are trusted with real money. While these models may seem structured, they often create unnecessary stress and delay the journey of capable traders.
This is where the 1-step challenge model, adopted by firms like Pax Market Funds, is transforming the landscape. It eliminates extra hurdles and allows traders to showcase their skills in a single, straightforward test. Below, we explore in detail why 1-step challenge prop trading accounts are better and why more traders are making the switch.
1. Faster Access to Funded Accounts
The biggest benefit of a 1-step challenge is speed. Traders don’t have to waste months clearing multiple levels just to prove they can handle capital. Instead, they demonstrate their trading skills once and, if successful, immediately gain access to a funded account. This means traders can start generating real profits faster, without being stuck in endless evaluation loops.
2. Reduced Stress and Simpler Rules
Multi-step challenges come with layered rules: different profit targets, maximum drawdowns, and minimum trading days for each stage. This often pressures traders into overtrading or second-guessing their strategies. A 1-step challenge, however, simplifies the process. With one clear set of rules, traders can focus entirely on executing their strategies rather than worrying about multiple phases of testing.