P1 Futures offers three challenge types. The Standard Challenge is a single-phase evaluation where you trade to hit a profit target before receiving a funded account. The No Activation Challenge is the same structure but with no activation fee — you only pay the subscription fee. The Direct to Funded challenge skips the evaluation phase entirely and places you straight into a funded account.

Account sizes start at $25,000 and go up to $200,000 across all challenge types. Available sizes are $25K, $50K, $100K, $150K, and $200K.

For the Standard and No Activation challenges, the profit target is 6% of your starting balance. Your maximum drawdown is 3%. Drawdown is calculated on an end-of-day trailing basis — meaning your maximum drawdown floor moves up as your account grows, locking in your gains.

For the funded account, maximum drawdown is 3%.

End-of-day trailing drawdown means your maximum drawdown limit is recalculated at the end of each trading day based on your highest closing balance. As your account grows, your floor moves up with it. For example, if you start with a $100K account and grow it to $106K, your drawdown floor moves up accordingly — protecting your gains while giving you room to trade.

Yes. P1 Futures uses end-of-day trailing drawdown. Your maximum loss limit (MLL) moves up as your account balance grows — but it is capped at your starting account balance.

Here is how it works on a $50K account:
- Start at $50,000 → MLL is $48,000
- Grow to $51,000 → MLL moves up to $49,000
- Grow to $52,000 → MLL moves up to $50,000
- Grow to $55,000 → MLL stays capped at $50,000

Once your MLL reaches your starting balance it does not move further. From that point forward your full starting balance is protected and you are essentially trading with house money on everything above it.