Funding Traders has announced the launch of its new "2-Step Novice Account," designed to ease the entry of new traders into prop trading. This initiative aims to reduce initial cost barriers and pressure, offering a low-risk path to demonstrate trading skills. The key feature of the Novice Account is that Phase 1 is completely free. Traders only incur a fee upon advancing to the second evaluation phase. Additionally, Funding Traders has eliminated consistency scores for this account type, allowing users to focus on learning and growth. Evaluation rules have been simplified: * **Phase 1 (Free):** 5% profit target, 8% max loss, 4% max daily loss. Minimum of 4 trading days. * **Phase 2 (Paid):** 10% profit target, 6% max loss, 4% max daily loss. Minimum of 4 trading days. * **Funded Account:** 4% max loss, 2% max daily loss. Initial 6% profit split (up to 90%). Available account sizes for the Novice evaluation range from $10,000 to $200,000. Only one Novice Phase 1 account is permitted per user. The TRADELOCKER platform is supported. Additional benefits include permitted news trading (with limitations), leverage up to 1:50, swap-free and zero-commission options, and a bi-weekly payout program. A challenge fee refund plus an additional 15% of the Phase 2 profit split is offered if a 10% profit is achieved in the funded account. With over $5.5 million paid to more than 50,000 traders worldwide, Funding Traders aims to strengthen its community by providing an accessible opportunity for aspiring traders.