
Direct answer: Next Level Funded’s 2-Step Flex prop firm account is shown in five account sizes: $50k, $100k, $200k, $400k, and $500k. Each displayed size uses a 6% / 6% two-phase profit target, 8% overall drawdown, 4% daily drawdown, no consistency requirement, and no minimum trading days. The account size changes the current displayed price, while the listed core rules are the same across the range.
2-Step Flex account sizes and current rules
For traders comparing a prop trading challenge across different account sizes, the important starting point is not only the headline size. It is how the targets, drawdown rules, and funded-stage conditions fit the way you trade. The 2-Step Flex model divides the evaluation into two phases. The catalog shows a 6% target for the first phase and a 6% target for the second phase.
The available sizes step from $50k through $500k. Current displayed pricing is $49 for $50k, $99 for $100k, $199 for $200k, $399 for $400k, and $499 for $500k. Pricing and terms can change, so visitors should check the current terms before checkout.
| Account size | Current displayed price | Evaluation profit target | Overall drawdown | Daily drawdown | Rewards and timing | Trading permissions | Funded-stage conditions shown |
|---|---|---|---|---|---|---|---|
| $50k | $49 | 6% / 6% | 8% | 4% | 100% rewards split; no consistency; no minimum trading days; on-demand payouts | News trading allowed; weekend holding allowed; EAs allowed | 10 minimum trades; 2% floating PnL: yes; 2-minute hold rule: yes |
| $100k | $99 | 6% / 6% | 8% | 4% | 100% rewards split; no consistency; no minimum trading days; on-demand payouts | News trading allowed; weekend holding allowed; EAs allowed | 10 minimum trades; 2% floating PnL: yes; 2-minute hold rule: yes |
| $200k | $199 | 6% / 6% | 8% | 4% | 100% rewards split; no consistency; no minimum trading days; on-demand payouts | News trading allowed; weekend holding allowed; EAs allowed | 10 minimum trades; 2% floating PnL: yes; 2-minute hold rule: yes |
| $400k | $399 | 6% / 6% | 8% | 4% | 100% rewards split; no consistency; no minimum trading days; on-demand payouts | News trading allowed; weekend holding allowed; EAs allowed | 10 minimum trades; 2% floating PnL: yes; 2-minute hold rule: yes |
| $500k | $499 | 6% / 6% | 8% | 4% | 100% rewards split; no consistency; no minimum trading days; on-demand payouts | News trading allowed; weekend holding allowed; EAs allowed | 10 minimum trades; 2% floating PnL: yes; 2-minute hold rule: yes |
“6% / 6%” means the displayed profit objective is separated by phase rather than presented as one single target. The 8% overall drawdown is the maximum total drawdown permitted; reaching or exceeding that limit breaches the account. The displayed 4% daily drawdown is the maximum loss permitted during a trading day. These drawdown rules are central to account selection because a larger account size does not remove the percentage limits.
How to read the 2-Step Flex trading rules
Evaluation structure
A two-step prop trading challenge requires attention to both phases. A trader considering this format can review whether their approach is built around progressing through two 6% targets while keeping total and daily losses within the displayed limits. No minimum number of trading days is listed before the evaluation can be completed, and no consistency requirement is shown for this Flex model. That does not eliminate the need for disciplined execution; it simply describes the specific requirements displayed for this account.
Risk limits remain the operating framework
Drawdown rules are not a background detail. The account’s 8% overall limit is a total boundary, while the 4% daily limit applies during a trading day. Before choosing a $50k, $100k, $200k, $400k, or $500k account size, a trader can translate their usual position sizing and loss limits into the displayed percentages. The goal is not to select the largest number by default; it is to choose an account size whose percentage-based rules can be respected by the existing trading plan.
Trading and funded-stage features shown
The catalog lists news trading and weekend holding as allowed. It also lists EAs as allowed, subject to the account rules. These points may matter to traders whose methods include news events, positions held across a weekend, or Expert Advisors. Separately, the displayed funded-stage conditions include 10 minimum trades, a 2% floating PnL condition, and a two-minute minimum hold rule. Build these items into the trading plan rather than treating them as afterthoughts once an evaluation is complete.
The model shows a 100% rewards split and on-demand payouts. Eligible reward requests are available on demand, subject to applicable account terms and the review process. In other words, payout rules should be read together with the applicable terms; the display is not a promise of a particular trading result or payment outcome.
Who the 2-Step Flex account may suit
This 2-Step Flex prop firm account may suit a trader who prefers a staged evaluation and wants to compare the same listed framework at multiple account sizes. The shared rule set makes the size decision more straightforward: the stated targets, drawdown percentages, permissions, and listed funded-stage conditions do not change from $50k to $500k. The practical choice is therefore often about the account size that aligns with your own risk plan and comfort level.
It may also suit a trader who values the listed absence of a consistency requirement and no listed minimum trading days. A trader who uses news trading or plans to hold positions over a weekend can note that both are shown as allowed. Traders who use an EA can note that EAs are listed as allowed, while still checking the applicable account rules before trading.
It may be less suitable for anyone who has not planned for a two-phase process, a 4% daily drawdown, an 8% overall drawdown, or the listed funded-stage requirements. Suitability depends on whether the rules match a trader’s method and risk controls, not on account size alone.
Rule trade-offs to weigh before selecting an account size
The model uses two 6% phases while displaying an 8% overall drawdown and 4% daily drawdown. No minimum trading days are shown, so do not rush decisions that conflict with drawdown rules. The listed current price rises with account size, from $49 at $50k to $499 at $500k. Because the displayed percentage rules are the same, choose based on the exposure, losses, and trade frequency your plan can handle. Consider the listed 10 minimum trades, 2% floating PnL condition, and two-minute hold rule alongside the targets and price.
How to choose a 2-Step Flex account
- Review your trading plan and decide whether a two-phase 6% / 6% profit target fits it.
- Check that your normal risk controls can operate inside the displayed 4% daily and 8% overall drawdown limits.
- Match your intended exposure and trade frequency to an account size from $50k, $100k, $200k, $400k, or $500k.
- Confirm how the listed news trading, weekend holding, EA permission, 10 minimum trades, 2% floating PnL condition, and two-minute hold rule apply to your method.
- Review the available trading account options and check the current terms before checkout.
Risk and terms note
Funded trading involves risk, and every prop firm account should be selected only after reading its current trading rules and applicable terms. The figures and features above reflect the displayed 2-Step Flex catalog information at drafting: they may be updated. Reaching or exceeding the displayed overall drawdown limit breaches the account, and the daily drawdown limit also continues to apply. Eligibility for on-demand payout requests remains subject to applicable terms and review. Nothing in this article guarantees evaluation completion, funded trading results, or payouts.
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