Challenges in Australia

Prop firms in Australia that offer Three-Step Challenges

Q: What is a three-step challenge?

A three-step challenge requires passing three separate evaluation phases before a funded account is issued. Each phase has defined profit and drawdown targets.

Q: Why would a trader choose a three-step over a two-step?

Three-step programs often come with better funded conditions — larger accounts or higher profit splits — making the extra phase worthwhile for experienced traders.

Q: Are three-step challenges common?

They are less common than two-step programs but are offered by several vetted firms on Prop Firm Match.

Firms9

			Promo
The5ers 4.7 1327 4.7 1327	10+	$1.43M	10%OFF
Maven 4.2 772 4.2 772	3	$200K	40%OFF
Goat Funded Trader 4.1 1185 4.1 1185	3	$400K	45%OFF
FXIFY 3.9 126 3.9 126	3	$1.1M	30%OFF
Orion Funded Less than 20 reviews	3	$400K	50%OFF
Fintokei Less than 20 reviews	3	$700K	20%OFF
Lark Funding 4.5 90 4.5 90	4	$300K	5%OFF
Leveraged Less than 20 reviews	1	$1.41M	60%OFF
Nordic Funder Less than 20 reviews	4	$600K

How Prop Firm Match Vets These Firms

Every prop firm featured on this page has passed our structured due diligence process. We assess compliance history, payout reliability, rule transparency, and verified trader feedback before listing any firm. Ratings reflect real input from traders who have passed evaluations or received payouts — not incentivised or unverified reviews.