---
title: "Phase one - Meaning & GFN's Figure - Get Funded Now"
description: "The first stage of a two-step evaluation, carrying the higher of the two profit targets. Clearing it without breaching a risk rule moves the account to…"
url: "https://getfundednow.com/glossary/phase-one"
language: "en"
last_modified: "2026-09-22"
publisher: "Get Funded Now (getfundednow.com)"
translations:
  es: "https://getfundednow.com/es/glossary/phase-one"
  pt-BR: "https://getfundednow.com/pt-br/glossary/phase-one"
  fr: "https://getfundednow.com/fr/glossary/phase-one"
  it: "https://getfundednow.com/it/glossary/phase-one"
  de: "https://getfundednow.com/de/glossary/phase-one"
disclosure: "All trading at Get Funded Now is simulated. 'Funded' means a simulated or virtual account; GFN is not a broker and does not hold client funds."
---

Evaluations and accounts

# Phase one

The first stage of a two-step evaluation, carrying the higher of the two profit targets. Clearing it without breaching a risk rule moves the account to phase two rather than to a funded account.

Also called: Step 1 · Phase 1

GFN’s figure

Phase one of the GFN 2 Step is a 8% virtual profit target - $8,000 on a $100,000 account - against the same 8% non-trailing floor that applies in phase two.

- **2 Step Phase 1 target**: 8%
- **2 Step Minimum trading days**: 3, with 0.5% profit ($500 on $100,000)
- **2 Step Carried into phase 2**: Nothing - phase 2 restarts from the starting balance

In detail

## Phase one, explained

Phase one is the larger climb, and the one most traders plan for. It is also where the drawdown structure reveals itself: a fixed floor is at its tightest here, before any profit has been banked.

Trading should stop once the dashboard confirms the phase is complete. Continuing to trade a passed phase adds risk to an objective that has already been met.

[The rule in full →](https://getfundednow.com/rules/profit-target) · [Rules handbook](https://getfundednow.com/rules) · [More evaluations and accounts](https://getfundednow.com/glossary/category/evaluations)

Related

## Terms that come with it

Most rules only make sense next to the ones they interact with. These are the entries this one depends on.

- [Phase two](https://getfundednow.com/glossary/phase-two) - The second stage of a two-step evaluation, usually at a lower profit target than the first. It exists to check the result repeats, and it is where a large share of otherwise successful attempts fail.
- [Two-step evaluation](https://getfundednow.com/glossary/two-step-evaluation) - An assessment split into two phases with separate profit targets. The first phase proves the strategy, the second - usually at a lower target - checks it repeats before the firm issues a simulated funded account.
- [Profit target](https://getfundednow.com/glossary/profit-target) - The virtual gain required to pass an evaluation phase, stated as a percentage of the starting balance. It is the only objective you have to reach; every other rule is something you have to avoid.
- [Minimum trading days](https://getfundednow.com/glossary/minimum-trading-days) - The number of separate days on which an account must trade before an evaluation phase can pass. Some firms also require a minimum profit on each qualifying day for it to count.
- [Consistency rule](https://getfundednow.com/glossary/consistency-rule) - A rule capping how much of an account's total profit may come from a single trading day. It stops one outsized day from carrying an otherwise flat account through an evaluation.

Also governed by [/rules/profit-target](https://getfundednow.com/rules/profit-target)

[One-step evaluation](https://getfundednow.com/glossary/one-step-evaluation)

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Source: https://getfundednow.com/glossary/phase-one
Facts about Get Funded Now in one file: https://getfundednow.com/llms.txt