Free tool
Buying another challenge feels like one fee. With your real pass rate it is several. Type the fee, how many times you have paid it, and your chance of passing: see the expected cost of getting funded and the odds of burning your budget first.
Same fee, same budget: only the chance of passing changes.
| Pass rate | Attempts on average | Expected cost | Pass within budget |
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Find out what broke the last ones. The free check-up reads the trade history of a lost challenge and shows the cause and the rules for the next attempt. Free for the first 15 traders.
Get the free check-upFTMO, The5ers, FundedNext, FundingPips: when a daily or max loss rule changes, we update the tools and tell you.
If each attempt passes with probability p, the number of attempts until the first pass follows a geometric distribution: on average 1 ÷ p attempts, so the expected cost is the fee ÷ p (minus one fee if it is refunded with the first payout). With a budget that buys k attempts, the chance of passing at least once is 1 − (1 − p)k.
From the pass simulator, using your win rate, R:R and risk. If you are not sure of those numbers, your trade history has them.