What is a challenge pass rate?
Quick answer
A challenge pass rate is the share of evaluation attempts that end in a pass. It is one of the main numbers in a prop firm's economics, because it determines how many funded accounts, and therefore how much payout liability, each batch of sales creates. Few firms publish audited pass rates.
Detailed answer
Pass rates are often discussed and rarely measured consistently.
How to calculate it
Passes ÷ completed attempts (passes plus breaches) over a period. Exclude accounts still in progress, or the rate will look artificially low.
Variations
- Phase one pass rate.
- Overall pass rate through all phases.
- Payout rate: share of funded traders who receive a payout.
What affects it
- Profit target versus loss limits.
- Time limits.
- Minimum trading days and consistency rules.
- The experience of your audience.
Why it matters
If more traders pass than your pricing assumed, payout costs rise. If almost nobody passes, your reputation suffers. Track it monthly and by product, and compare it with the assumption in your financial model.
On PropExecutor
Each account records when it passed or breached and why, so pass rates can be calculated by account type or rule version from the admin panel's data or the API.
PropExecutor team · Updated
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