2-Step Standard vs. 2-Step OMO Challenge: Full Comparison

2-Step Standard vs. 2-Step OMO Challenge: Full Comparison


Both challenges follow a two-phase evaluation before granting a funded account, but they differ in several key areas. Below is a side-by-side breakdown of all rules and requirements.


At a Glance


Rule

2-Step Standard

2-Step OMO

Phase 1 Profit Target

8%

6%

Phase 2 Profit Target

5%

8%

Daily Drawdown

4%

4%

Maximum Drawdown

8% (Static)

8% (Static)

Daily Drawdown Type

Balance/Equity (Highest at End of Day)

Balance/Equity (Highest at End of Day)

Consistency Score

None

None

News Trading

Not allowed 2 minutes before/after high-impact events

Allowed in challenge; funded profits capped at 0.50% per event

Minimum Profitable Days

3

4

Minimum Holding Time

At least 50% of trades held for over 60 seconds

150 seconds per trade

Maximum Trading Days

No limit

180 days (both phases combined)

Max Open Risk

None

2%

Payout Frequency

Every 10 business days

Every 10 business days

Profit Split

80%

80%

Minimum Withdrawal

$20

$20

Refund

On the third withdrawal

On the third withdrawal

Leverage (Forex)

1:75

1:75

Leverage (Indices)

1:20

1:20

Leverage (Commodities)

1:10

1:10

Leverage (Digital ETFs)

1:2

1:2


Key Differences Explained


Profit Targets

The 2-Step Standard has a higher Phase 1 target (8%) but a lower Phase 2 target (5%). The OMO flips this — a lower Phase 1 target (6%) but a higher Phase 2 target (8%).


News Trading

  • 2-Step Standard: News trading is restricted during both the challenge and funded phases. Trades cannot be opened or closed within 2 minutes before or after a high-impact (red folder) news event.
  • 2-Step OMO: News trading is fully allowed in Phase 1 and Phase 2 with no restrictions. In the funded stage, news trading is still permitted, but profits from any single news event are capped at 0.50% of account balance. For example, on a $100,000 account, the maximum profit counted from one news event is $500.


Minimum Profitable Days

  • 2-Step Standard: 3 profitable days per phase (each day must generate at least 0.5% net profit).
  • 2-Step OMO: 4 profitable days per phase (same 0.5% daily minimum).


Minimum Holding Time

  • 2-Step Standard: At least 50% of all trades must be held for over 60 seconds (excessive scalping rule).
  • 2-Step OMO: Every individual trade must be held for at least 150 seconds (2.5 minutes). Trades shorter than this do not count.


Maximum Trading Days

  • 2-Step Standard: No time limit.
  • 2-Step OMO: 180 days across both evaluation phases combined. There is no separate deadline per phase.


Max Open Risk

  • 2-Step Standard: No maximum open risk rule.
  • 2-Step OMO: Maximum open risk is capped at 2% of account balance at any time. The M2 Account Saver is a built-in protection that activates when drawdown reaches 2% with open trades:
  • First Breach (Soft Breach): All open trades are closed. On funded accounts, profit split is permanently reduced to 50%. On challenge accounts, trades are closed but the profit split penalty does not apply and does not carry over to the funded stage — the M2 Account Saver policy resets each phase.
  • Second Breach (Hard Breach): All open trades are closed and the account is permanently deactivated.


What They Share

  • No Consistency Rule (applies only to Instant Funding, Instant Mini, and BNPL accounts)
  • Same drawdown limits (4% daily, 8% maximum static)
  • Same leverage across all asset classes
  • Same payout frequency, profit split, minimum withdrawal, and refund policy

Updated on: 30/09/2026

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