---
title: "Phase two - Meaning & GFN's Figure - Get Funded Now"
description: "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…"
url: "https://getfundednow.com/glossary/phase-two"
language: "en"
last_modified: "2026-09-22"
publisher: "Get Funded Now (getfundednow.com)"
translations:
  es: "https://getfundednow.com/es/glossary/phase-two"
  pt-BR: "https://getfundednow.com/pt-br/glossary/phase-two"
  fr: "https://getfundednow.com/fr/glossary/phase-two"
  it: "https://getfundednow.com/it/glossary/phase-two"
  de: "https://getfundednow.com/de/glossary/phase-two"
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 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.

Also called: Step 2 · Verification phase

GFN’s figure

Phase two of the GFN 2 Step is a 5% target - $5,000 on a $100,000 account - against the same 5% daily loss limit and 8% fixed floor. The 1 Step has no second phase at all.

- **2 Step Phase 2 target**: 5%
- **2 Step Profit carried from phase 1**: None
- **1 Step Second phase**: None

In detail

## Phase two, explained

Phase two starts from the account's starting balance again - the profit made in phase one does not carry across. That surprises traders who expect to arrive with a cushion, and it is the reason the same position sizing that worked in phase one is riskier here.

The lower target is not an invitation to trade larger. The drawdown is unchanged, so sizing up simply converts a shorter climb into a steeper cliff.

[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 one](https://getfundednow.com/glossary/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.
- [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.
- [Funded account](https://getfundednow.com/glossary/funded-account) - The account a trader receives after passing an evaluation, or buys directly under an instant programme. At a simulated-funding firm it is a simulated account whose eligible gains can qualify for a real payout.
- [One-step evaluation](https://getfundednow.com/glossary/one-step-evaluation) - An assessment with a single profit target. Clear it without breaching and you go straight to a simulated funded account - there is no second verification phase to trade afterwards.

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