Synthetics 2-Step Challenge FAQ's
Is there a consistency requirement?
BloomFunded applies a 40% consistency rule. During the Evaluation Phase, no single trading day may generate profit greater than 40% of the applicable profit target. Formula: Maximum allowed profit per trading day= 40% × Profit Target If a trader exceeds
Can you combine 2-Step with scaling plans?
At the moment, BloomFunded does not allow scaling, but soon that will change.
Can I choose which phase to trade first?
Structure is fixed — Phase 1 must be done before Phase 2.
Do I earn the profits from the challenge
Not for the challenge phase, no. Once you are funded, you are eligible for withdrawal.
What happens after Phase 2?
Once targets & rules are met, you go funded pending verification.
Can I hold positions overnight?
Yes, you may hold positions overnight, but there will be fees.
Is automated trading allowed?
BloomFunded does allow trading with EA’s as long as they follow all the rules outlined in the challenge terms.
How long does a typical 2-Step take?
There is no time limit, However, if there is a period of inactivity for longer than 30 days, the account will be suspended.
Do firms reset you to Phase 1 if you fail Phase 2?
No. Once a challenge phase is failed, the account will be terminated, and a new challenge must be purchased.
Can I skip Phase 2 once Phase 1 is done?
No — both phases must be completed to get funded.
Minimum trading days per phase?
At BloomFunded, we require a minimum amount of 4 trading days. For any day to be counted towards a trading day, the trader must make a minimum of 0.5% profit on that day.
Do both phases have drawdown rules?
Yes — both daily and overall drawdowns apply in both phases.
What are typical profit targets?
At BloomFunded, it is: 8% for Phase 1 and 5% for Phase 2.
What is a 2-Step challenge?
An evaluation is split into Phase 1 (higher target) and Phase 2 (lower target) before the funded status.