Klein Funding Offers Eight Evaluation Paths — Here's Every Rule You Need
As of August 2026, Klein Funding runs eight named challenges across three evaluation models — instant, one-step, and two-step — on both Bybit and Cleo platforms. No single rule change dominates this week; instead, the firm's catalog presents a menu of trade-offs between profit targets, drawdown types, stability requirements, and profit splits. Below is the complete, side-by-side reference for every active challenge.
Challenge Catalog: Instant, One-Step, and Two-Step Models
| Challenge | Type | Platform | Profit Target | Max Drawdown | Daily Drawdown | Drawdown Type | Stability Rule | Min Trading Days | Profit Split |
|---|---|---|---|---|---|---|---|---|---|
| Instant Pro | Instant | Bybit | None (live funded) | 8% | 3% | Smart + Trailing | No | 3 days (with 0.5% profit) | 70–90% |
| Bybit Instant Pro | Instant | Bybit | 10% | 5% | 3% | Static | No | 0 | 80/20 |
| One Step | 1-Step | Bybit | 8% | 10% | 5% | Percentage (Static) | No | 0 | 80% |
| Bybit Standard One-Step | 1-Step | Bybit | 10% | 5% | 3% | Static | 30% | 3–4 | 70%, 80/20 |
| Klein Funding One Step Leverage | 1-Step | Bybit | 6% | 6% | 3% | Static | Not specified | Not specified | Up to 70% |
| Cleo Standard | 2-Step | Cleo | P1: 10% / P2: 15% | P1: 5% / P2: 7% | P1: 3% / P2: None | Static | No | 0 | 70%, 80/20 |
| Flex Challenge | 2-Step | Cleo | P1: 10% / P2: 15% | P1: 5% / P2: 7% | P1: 3% / P2: None | Fixed Trailing | No | 0 | 70%, 80/20 |
| Bybit Two-Step | 2-Step | Bybit | P1: 10% / P2: 15% | P1: 5% / P2: 7% | P1: 3% / P2: 3% | Static | 45% | 3–4 | 70%, 80/20 |
Key Rule Dimensions Traders Must Compare
Profit Targets
- Lowest target: Klein Funding One Step Leverage at 6% (single phase).
- Standard one-step: 8% (One Step) or 10% (Bybit Standard One-Step).
- Two-step totals: 25% combined (10% + 15%) on Cleo Standard, Flex, and Bybit Two-Step.
- Instant funded: Bybit Instant Pro requires a 10% target before funding; Instant Pro has no target (live from day one).
Drawdown Mechanics
- Static drawdown (fixed from initial balance): One Step, Bybit Standard One-Step, Bybit Two-Step, Cleo Standard, Klein Funding One Step Leverage.
- Trailing / Smart drawdown (moves with equity highs): Instant Pro (Smart + Trailing), Flex Challenge (Fixed Trailing).
- Daily drawdown is consistently half the max drawdown on static plans (3% daily vs 5–6% max, 5% daily vs 10% max). Instant Pro runs 3% daily vs 8% max.
Stability / Consistency Rules
- No stability rule: Instant Pro, Bybit Instant Pro, One Step, Cleo Standard, Flex Challenge.
- 30% stability score: Bybit Standard One-Step (one-phase).
- 45% stability score: Bybit Two-Step (two-phase).
- Stability-score challenges enforce 3–4 minimum trading days; zero-minimum challenges let traders pass at their own pace.
Restricted Strategies (Firm-Wide)
- Hedging between accounts (opposite positions on same pair across accounts)
- Bot / algorithmic trading
- Group trading / coordinated strategies
- Spamming the order book
- Tick scalping
- Account sharing
- Copy trading
- 50-Seconds Rule (Bybit only): Positions held under 50 seconds may be flagged.
Profit Splits: Mostly Below the 80% Industry Standard
The industry benchmark for trader profit splits is 80–90% (standard ~80%). Klein Funding's splits cluster at 70% base with an 80/20 upgrade tier on most challenges. Only two products clear the competitive threshold:
- One Step: flat 80% — meets the standard.
- Instant Pro: 70–90% range — the 90% top tier is competitive, but the 70% floor is not.
- Bybit Instant Pro: 80/20 split (80% to trader) — meets standard.
- All other challenges: 70% base / 80/20 upgrade — the base 70% is below market; the 80% upgrade merely reaches parity.
Traders should treat the 70% base split as a cost factor when comparing effective returns across firms.
Practical Impact: Which Challenge Fits Which Trader
- Speed seekers: Instant Pro (live from day one, 3-day min with profit) or Bybit Instant Pro (10% target, no stability rule, zero min days).
- Lowest hurdle: Klein Funding One Step Leverage — 6% target, 6% max DD, but only up to 70% split and limited public pricing.
- Zero-pressure pace: Cleo Standard, Flex Challenge, One Step — no stability rule, zero minimum days, static drawdown.
- Trailing-drawdown preference: Flex Challenge (fixed trailing) or Instant Pro (smart + trailing) — drawdown expands with profits.
- Bybit ecosystem loyalists: Bybit Standard One-Step or Bybit Two-Step — but accept stability-score minimums (3–4 days) and 70% base splits.
Broader Industry Context
Klein Funding's multi-model catalog mirrors the industry's shift toward menu-style evaluation — firms now offer instant, one-step, and two-step paths simultaneously rather than a single ladder. The prevalence of 70% base splits here aligns with a wider pattern: many crypto-focused prop firms anchor at 70% and gate 80%+ behind higher fees or add-ons. Traders comparing firms this week should weigh effective split after fees against the stability-score tax (forced trading days) and drawdown type (static vs trailing) — those three variables often matter more than the headline profit target.