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PropInsider How-To Guides one-phase
Glossary Term

one-phase

TOPICS

  • All Guides 9
  • challenges 2
  • drawdown 3
  • evaluation 1
  • funding 1
  • instant-funding 1
  • risk-management 5
  • trading-strategy 2

GLOSSARY A-Z

  • balance-based →
  • challenge-rules →
  • daily-drawdown →
  • drawdown →
  • equity-based →
  • funding-programs →
  • instant-funding →
  • lot-size →
  • max-drawdown →
  • one-phase →
  • position-sizing →
  • prop-challenge →
  • trailing-drawdown →
  • two-phase →
  • View full glossary →

RELATED GUIDES

CHALLENGES

Two-Phase vs One-Phase Challenges — Which Is Right for You?

The differences between two-phase and one-phase challenges and which one suits your trading style.
Updated Apr 2026
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