A standard 2-Step Challenge requires the trader to complete Phase 1 and Phase 2 before becoming eligible for 2-Step Challenge-Funded Status.
Funded Recovery is priced differently because an eligible trader may return directly to a funded account without completing either evaluation phase again.
The price reflects:
Direct entry into 2-Step Challenge-Funded Status.
No Phase 1 profit target.
No Phase 2 profit target.
No repeat of the Challenge progression process.
A fresh funded account balance.
Restored funded drawdown limits.
Access to the applicable 2-Step Challenge-Funded conditions.
Funded Recovery is still a new account purchase. It does not guarantee simulated profitability, a Reward Payment, continued account access, or any particular trading outcome.
Related Terms: Sections 8.7.2 and 13.5