What is the Obsidian Challenge?
We invented this. When we launched Obsidian in 2025, no other prop firm had a 4-phase challenge. We were first.
Why 4 phases? More phases = smaller targets per phase. The smallest individual targets in our lineup.
Key benefits:
Micro-targets: just 2%, 2%, 3%, 3%
6% Static Maximum Loss in Challenge (fixed, never moves)
1:100 leverage
99% profit split
No time limit
Funding up to $1,000,000
Who Is Obsidian For?
Obsidian is built for traders who want two things: an affordable entry and the smallest possible targets per phase.
You want a low-cost entry. $169 for a $100K account. A budget-friendly path to funding.
You like micro-targets. 2%, 2%, 3%, 3%. No phase asks for more than 3%. The smallest individual targets we offer.
You want the same total as Astral. 10% total, but split into 4 easier pieces instead of 3.
You want zero time pressure. No deadline. Take a week, take a month, take a year.
You prefer Static DD in evaluation. 6% fixed limit in challenge phases.
This is for patient traders who want micro-milestones. Four small wins. Four confidence builders. Four steps to funding.
Why 4 Phases?
More phases = smaller targets. Obsidian has the smallest individual phase targets in our lineup.
Challenge Type | Total Target | Target Per Phase |
1-Step (Thunderbolt) | 6% | 6% in one shot |
2-Step (Phoenix) | 8% | 3% + 5% |
3-Step (Astral) | 10% | 3% + 3% + 4% |
4-Step (Obsidian) | 10% | 2% + 2% + 3% + 3% |
5-Step (Eon) | 10% | 2% + 2% + 2% + 2% + 2% |
Same 10% total as Astral. But the biggest single phase is only 3%. Compare that to Astral's 4% or Phoenix's 5%.
Phase 1: Just 2%
Phase 2: Just 2%
Phase 3: Just 3%
Phase 4: Just 3%
Obsidian vs Our Other Challenges
Feature | Obsidian (4-Step) | Astral (3-Step) | Phoenix (2-Step) |
Price ($100K) | $169 | $199 | $479 |
Total Target | 10% | 10% | 8% |
Biggest Phase | 3% | 4% | 5% |
Challenge Max Loss | 6% Static | 6% Static | 10% Static |
Daily DD | 6% | 6% | 4% |
Leverage | 1:100 | 1:100 | 1:100 |
Time Limit | Unlimited | Unlimited | Unlimited |
Funding Sizes
$25,000 · $50,000 · $100,000 · $200,000 · $300,000 · $400,000 · $500,000 · $600,000 · $700,000 · $800,000 · $1,000,000
Rules Overview
Parameter | Phase 1 | Phase 2 | Phase 3 | Phase 4 | Funded |
Profit Target | 2% | 2% | 3% | 3% | No target |
Min Trading Days | 2 days | 2 days | 2 days | 2 days | None |
Daily Drawdown | 6% | 6% | 6% | 6% | 3% |
Max Loss Type | Static 6% | Static 6% | Static 6% | Static 6% | Dynamic 4% |
Max Trade Risk | Not applied | Not applied | Not applied | Not applied | 3% |
Best Day Rule | Not applied | Not applied | Not applied | Not applied | 20% |
Payout Requirement | Not applied | Not applied | Not applied | Not applied | 1% |
Leverage | 1:100 | 1:100 | 1:100 | 1:100 | 1:100 |
Profit Split | Not applied | Not applied | Not applied | Not applied | 99% |
Note: Challenge phases use Static Maximum Loss (fixed). Funded phase uses Dynamic Risk Shield (trailing).
Challenge Phases
Phase 1
Profit Target: 2% Minimum Trading Days: 2 days (1%+ profit each) Daily Drawdown: 6% Static Maximum Loss: 6% Time Limit: Unlimited
Phase 2
Profit Target: 2% Minimum Trading Days: 2 days (1%+ profit each) Daily Drawdown: 6% Static Maximum Loss: 6% Time Limit: Unlimited
Phase 3
Profit Target: 3% Minimum Trading Days: 2 days (1%+ profit each) Daily Drawdown: 6% Static Maximum Loss: 6% Time Limit: Unlimited
Phase 4
Profit Target: 3% Minimum Trading Days: 2 days (1%+ profit each) Daily Drawdown: 6% Static Maximum Loss: 6% Time Limit: Unlimited
Static Maximum Loss Explained (Challenge)
Your stop-out level is fixed at 6% below starting balance. It never moves, regardless of your profits.
Example on a $100,000 account:
Scenario | Equity | Stop-Out | Status |
Start | $100,000 | $94,000 | Active |
Profit +$3,000 | $103,000 | $94,000 | Still $94K |
Loss -$5,000 | $98,000 | $94,000 | Safe |
Loss -$5,000 | $93,000 | $94,000 | BREACH |
Unlike Dynamic DD, your stop-out doesn't chase your profits.
How Trading Days Count (Challenge Only)
A trading day is counted only if all of the following conditions are met:
Requirement | Condition |
Minimum Closed Profit | More than 1% of the initial account balance |
Minimum Activity | At least one closed trade |
Calculation Basis | Only closed trades count (realized P/L) |
Open Trades | Do not count toward the trading day |
Time Zone | UTC (00:00 to 23:59) |
Trades Crossing Midnight | Count for the day they are closed |
Important: Even if you reach the profit target before completing the required minimum trading days, you must continue trading until all minimum trading days have been fulfilled.
Example: If you reach the 2% profit target in Phase 1 on Day 1, you still need to complete 1 more trading day to successfully finish the phase.
Your phase is not considered complete until both conditions are met:
Profit Target is reached
Minimum Trading Days fulfilled (2 days per phase)
Funded Phase
Once you pass all 4 phases, the following rules apply:
Daily Drawdown: 3%
Tighter than the challenge phase to ensure disciplined trading with our capital.
Dynamic Risk Shield: 4%
In the funded phase, your max loss becomes Dynamic. It moves UP with your profits.
How it works:
Starts at 4% below your initial balance
Moves UP as you make profits
Never moves down
Locks at initial balance once reached
Example on a $100,000 account:
Scenario | Equity | Shield Level | Status |
Start | $100,000 | $96,000 | Active |
Profit +$4,000 | $104,000 | $99,840 | Shield rises |
Loss -$3,000 | $101,000 | $99,840 | Still safe |
Loss -$2,000 | $99,000 | $99,840 | BREACH |
Max Single Trade Risk: 3%
No single trade may exceed 3% loss of your initial funded balance.
Account Size | Max Risk Per Trade |
$100,000 | $3,000 |
$200,000 | $6,000 |
$500,000 | $15,000 |
Note: Splitting trades into multiple positions on the same instrument in the same direction counts as one trade.
Violating this rule is a HARD BREACH and will lead to account termination.
Payout Requirement: 1%
Before requesting your first or any subsequent payout, you must generate at least 1% profit calculated from your initial balance.
Account Size | Min Profit Before Payout |
$25,000 | $250 |
$50,000 | $500 |
$100,000 | $1,000 |
$200,000 | $2,000 |
$500,000 | $5,000 |
How it works:
No minimum trading days in funded phase
Trade at your own pace
Applies to each payout separately
Resets after each successful withdrawal
Only closed trades count
Best Day Rule: 20%
No single trading day can represent more than 20% of your total withdrawal amount.
Important: This is a SOFT rule. It does NOT breach your account. It only delays your payout until your profit distribution is more balanced.
Example: You want to withdraw $10,000. Your best trading day must be $2,000 or less.
Note: Trying to bypass the Best Day Rule by intentionally splitting a large winning position (hedging or closing parts separately) is not allowed.
Profit Split: 99%
You keep 99% of all profits generated in your funded account.
Funded Breach Conditions
Your account will be terminated if:
Equity drops below Dynamic Risk Shield (4%)
Daily loss exceeds 3%
Single trade loss exceeds 3%
Prohibited trading strategy detected
Account Activation
After passing all four challenge phases:
Step | Duration |
Pass All 4 Phases | Depends on you |
KYC Verification | 2-4 minutes |
Trader Agreement | Instant (one click) |
Compliance Review | 24-48 hours |
Note: KYC and Trader Agreement are one-time only. Not required for future accounts.
Why Choose Obsidian?
Cheapest multi-phase option: $169 for $100K
Micro-targets: no phase over 3%
4 easy pieces: same total as Astral, easier to digest
Static DD in challenge: predictable risk
No time limit: your pace
99% profit split: keep almost everything
Scale to $1M: massive potential
World's first: we invented the 4-phase challenge
Obsidian. Micro-targets. Macro opportunity.
Need help? Contact our support team anytime.