Prop Firm Profit Targets Explained
Profit targets are the goals you must reach to pass a prop firm evaluation. Most firms use a two-phase structure with different targets for each phase. Understanding these targets and how to approach them is critical for passing your challenge.
Typical Profit Targets
Phase 1 targets usually range from 6-10% of the account balance. Phase 2 targets are typically lower, at 4-5%. For a $50,000 account, that means hitting $3,000-$5,000 in Phase 1 and $2,000-$2,500 in Phase 2. Some firms (especially 1-phase models) may have a single target around 8-10% with no second phase.
Strategy: Daily Targets vs Big Days
Break your profit target into daily micro-goals. If you need $4,000 in 20 trading days, that is $200/day. This approach keeps you consistent and prevents the pressure of needing a big day. However, flexibility is important — some days the market gives you more, and some days it gives you nothing. The key is to avoid forcing trades when conditions are not right.
Comparing Targets Across Firms
Use our comparison tool to see exact profit targets for each firm and plan size. Lower targets are easier to hit but may come with stricter drawdown rules or lower profit splits. Higher targets give you more buffer (since you are further from the drawdown floor when you finish) and often come with better funded account terms.
Frequently Asked Questions
Do I have to hit the exact profit target?
You need to reach or exceed the target. Going over is fine and does not cause any issues. Your funded account will typically start at the original balance regardless of how much over target you finished.
Is there a time limit to hit the target?
Most firms give 30-45 calendar days per phase. Some firms have no time limit at all.
What if I hit the target but fail the consistency rule?
You would need to continue trading to bring your daily P&L distribution within the consistency requirements before you can pass.