The PropScholar Freedom Challenge Explained

The Freedom Challenge is a $10,000 one-step evaluation released for Independence Day 2026. It costs $10, or ₹999 in India, and passing it earns a $42 scholarship payout.

This article is the complete breakdown, including the parts that constrain you. If you only want the rules, they are published in full on the Challenge Rules page.

The short version

• Account size: $10,000
• Structure: one step, no second phase
• Profit target: 10%
• Maximum loss: 6% of initial account size
• Daily loss limit: 3%
• Leverage: 1:50
• Time limit: none
• Minimum profitable days: none
• Payout on passing: $42, processed within 4 hours
• Cost: $10, or ₹999 in India. One per trader.

How it differs from the standard PropScholar one-step

The Freedom Challenge follows the standard one-step ruleset with exactly two differences. Everything else, including the risk rules, is identical.

Difference one: minimum profitable days removed

The standard PropScholar one-step requires 3 profitable days, each closing at least 0.75% of account size in profit. The Freedom Challenge requires none.

Reaching the 10% profit target is the only condition for a pass. If that happens in a single trading day, the account is passed in a single trading day.

Difference two: maximum open lot limits added

The standard one-step has no lot limit. The Freedom Challenge does, and this is the constraint that replaces the minimum day requirement.

The limits apply to volume held open at the same time, measured separately for each asset class:

• All Forex: 4.00 lots
• Gold (XAUUSD): 0.40 lots
• Silver (XAGUSD): 1.00 lot
• BTCUSD: 0.20 lots
• ETHUSD: 1.00 lot
• Other crypto: 2.00 lots
• NAS100: 1.00 lot
• US30: 0.50 lots
• US500: 2.00 lots
• Other indices: 1.00 lot

Four things to understand about how this is measured:

It is concurrent, not cumulative. Only volume open at the same moment counts. Closing a position frees the space again. You can trade all day.

It is summed per class. 0.70 lots of EURUSD plus 0.45 lots of GBPJPY is 1.15 lots of Forex against a 4.00 limit.

Classes are independent. Unused room in Forex cannot be borrowed for Gold.

Splitting does not help. 0.25 lots opened five times on Gold is still 1.25 lots of Gold open at once, which exceeds the 0.40 limit.

Exceeding any class limit at any moment breaches the account immediately.

Why the trade is structured this way

A minimum day requirement exists to stop one lucky oversized trade from passing an evaluation. That is a real concern and removing the rule without replacing it would be irresponsible.

A lot limit solves the same problem more directly. It caps how much risk you can hold at any single moment, which is the actual thing being guarded against, without forcing a disciplined trader to keep trading after they have already reached the target.

One rule constrains your risk. The other constrains your calendar. We think only the first belongs in an evaluation.

What you get on a pass

Reaching the 10% target earns a $42 scholarship payout, four times what the account cost. Request it from your dashboard the moment you pass. There is no intermediate funded stage, no activation fee and no waiting period. Payout requests are processed within 4 hours and paid in USD regardless of the currency you bought in.

The limits and conditions

• One per trader, ever. This is enforced at the account level.
• No discount or reward codes. The account is already priced as a launch offer.
• Weekend holding allowed, news trading unrestricted.
• Inactivity rule: 14 days.
• Copy trading between two PropScholar accounts is not allowed.
• All standard policies apply: toxic trading flow, martingale and averaging, forbidden strategies.

Who should take it

If you are an intraday or scalp trader who can reach a target in a short window, this removes the rule that was costing you accounts, and the lot limits are unlikely to bind on a normally sized position.

If your strategy relies on holding large concurrent exposure, particularly on Gold or BTC, read the lot table carefully before buying. This challenge is not built for that approach and we would rather you knew that now than after a breach.

Every rule that can breach a Freedom account is written on the Challenge Rules page. If an account is ever breached by a rule not stated there, that is our responsibility and it gets rectified.