Funding models · Rookie
Verification phase
What does Verification phase mean?
A verification phase is a second trading assessment used in some evaluation programs. It checks performance against another set of objectives before funded-stage onboarding.
Example
A provider sets a smaller target in phase two but retains its loss limits.
Illustrative example; not a provider’s quoted offer.Why it matters for prop traders
Trading verification and identity verification are different steps; passing one does not complete the other.
Sources and further reading
The following primary sources support the terminology. Provider rules describe their own products and may change.