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Carrot Funding

Carrot Funding 1-Phase Challenge $20K challenge

The $20K size of Carrot Funding's 1-Phase Challenge program: a 1-step evaluation with a 8% max loss and a 80% profit split. Every limit below is shown as a percentage and as an amount.

4.5 out of 10PropFirmly score for Carrot FundingRanked 9 of 13 crypto firms

The numbers

Account size
$20K
1-step
Price
$249
One-time fee
Profit target
8%
$1,600
Daily loss limit
4%
$800
Max loss
8%
$1,600, balance trailing
Profit split
80%
Payouts
On demand
Minimum trading days
None
Time limit
None
Fee refunded
No

How it compares

Target ÷ max loss

1.00

You need no more profit than the loss you are allowed. That is generous.

Break-even return

1.56%

Return needed on the funded account for your share to cover the fee.

Cost per $100K

$1,245

More expensive than the $699 median for featured crypto challenges.

What the rules mean in practice

  • To pass, grow the $20K account by $1,600 (8%) without breaking a loss limit.
  • On any single day you can lose up to $800 (4%). Check Carrot Funding's rules for whether that is measured from the day's starting balance or equity, because open trades count.
  • The account fails if you lose $1,600 (8%). This is balance trailing drawdown: the loss limit rises with your closed balance as you make profit, so it follows your gains.
  • Consistency rule: Best Day Rule in evaluation and funded stages: the best day must be under 50% of total profit
  • At a 80% split, you need about 1.56% return on the funded account to earn back the $249 fee.
  • Payouts: on demand under the same terms as 2-Phase, but the Best Day Score must also be 50 or higher before a request.
  • A Best Day Score below 50 does not fail the account; the trader keeps trading until the best day falls under half of total profit.
  • The 4% daily loss is set each day at 00:00 UTC from equity. The 8% maximum loss trails the highest closed balance until it reaches the starting balance.
  • The FAQ and the rulebook's summary table give a 10% maximum loss once funded, while the rulebook's funded-account table says the limit stays the same as in the evaluation.
  • Shown as a new challenge on the homepage.
  • Account balances are in USDC; prices are charged in US dollars. The fee is not refunded once the account is activated.

This is our reading of Carrot Funding's published rules. The firm's own terms always take priority. See the full Carrot Funding rules.

Other 1-Phase Challenge sizes

Carrot Funding 1-Phase Challenge account sizes
StepsProfit targetDaily lossMax lossBuy
$5K1 Step1-Phase Challenge8%4%8%1.0080%$75Buy
$10K1 Step1-Phase Challenge8%4%8%1.0080%$129Buy
$20K1 Step1-Phase Challenge8%4%8%1.0080%$249Buy
$50K1 Step1-Phase Challenge8%4%8%1.0080%$499Buy
$100K1 Step1-Phase Challenge8%4%8%1.0080%$799Buy

Other Carrot Funding programs

Each at the size nearest $20K.

All Carrot Funding programs on one page

Similar $20K challenges

Same account size at other crypto firms, cheapest first.

Other $20K crypto challenges
StepsProfit targetDaily lossMax lossBuy
WenCryptoSince 2026
$20K1 StepBuy Now Pay Later4%None8%0.5080%$7.50$10Buy
WenCryptoSince 2026
$20K2 StepsDouble Pass10%6%5%8%2.0080%$117$156Buy
WenCryptoSince 2026
$20K1 StepSingle Pass9%3%5%1.8080%$146.25$195Buy

Carrot Funding 1-Phase Challenge $20K questions

How does Carrot Funding score on PropFirmly?

4.5 out of 10, ranked 9 of 13 crypto firms we track. The score rates the firm, not this one account: trader reputation, track record, payout terms, pricing, rule flexibility and platform choice, weighted as described on our methodology page.

How much is the Carrot Funding 1-Phase Challenge $20K challenge?

The list price is $249, before any discount code.

What is the profit target?

8% ($1,600).

What is the maximum loss?

8%, or $1,600, using balance trailing drawdown. The loss limit rises with your closed balance as you make profit, so it follows your gains.

Is there a daily loss limit?

Yes, 4% ($800).

What profit split does it pay?

80%. Payouts: on demand.

Still have a question?

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