Are Funded Accounts Legit Or Scam?

Are funded accounts legit? Find out how to trade forex, stocks, crypto, and more with AquaFunded's trusted program.

Imagine this: You’ve spent months learning to trade forex or stocks. Armed with a strategy that produces consistent profits on a demo account, you feel ready to take your skills to the next level and go live. You suddenly realize you don’t have enough capital to trade properly and minimize risk on real money. That’s when you discover funded accounts. But are they legit? In this article, we’ll address that question and more as we explore the best funded trading accounts so you can trade forex, stocks, crypto, and precious metals through trusted brokers.

AquaFunded's funded trading program provides a valuable solution to help you achieve your trading goals. This program allows you to qualify for a funded account and start trading with someone else's money.

What Is A Funded Trading Account?

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A funded trading account lets you simulate trades with someone else's capital. You make trades with a funded account instead of using your money to complete your trades. Usually, this means trading with a prop firm. But what is a prop firm, exactly? 

Think of prop firms as partners. They provide the simulated funding, the tools, and the resources you need. In exchange, you learn the art of day trading and split any profits you make.

Can You Make Money With A Funded Trading Account?

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Yes, you can earn money with funded trading accounts. Still, it depends on various factors, including:

  • Your trading skills
  • The terms of the funding program
  • Market conditions
  • Risk management strategies

Here’s how it generally works:

Understanding Funded Trading Accounts

  • Prop Trading Firms: These firms provide traders with capital to trade. In return, traders share a portion of the profits with the firm.
  • Evaluation Process: Before receiving funds, traders must pass an evaluation process that tests their trading abilities. This could involve hitting specific profit targets without exceeding drawdown limits.

Making Money

  • Profit Sharing: Once funded, you trade with the firm's capital. Profits are typically split between you and the firm, with common splits ranging from 50/50 to 80/20 in the trader's favor. 
  • Leverage: You may have access to leverage, which allows you to control larger positions with less capital and can amplify gains and losses. 
  • Risk Management: Success depends heavily on managing risk. Even with a funded account, poor risk management can lead to losses, and some firms may revoke funding if certain loss thresholds are hit.

Challenges

  • Strict Rules: Many funded programs have strict rules regarding drawdowns, risk per trade, and consistency, which can be challenging.
  • Market Conditions: Market volatility and unexpected events can impact your ability to make consistent profits.
  • Psychological Pressure: Trading with someone else’s money can create additional psychological pressure, affecting decision-making.

Success Factors

  • Consistent Strategy: Developing and sticking to a proven trading strategy is crucial.
  • Discipline: Following the rules the funding firm sets and adhering to risk management practices is key. 
  • Continuous Learning: Markets evolve, so ongoing education and adaptation are necessary.

Funded Trading Program

AquaFunded is a Dubai-based funded trading program that allows traders to access large capital accounts and earn up to 95% profit splits. The company provides a unique funding model with easy-to-achieve 8% profit targets and fast bi-weekly payouts, with an option for the first payout in just 7 days. 

AquaFunded caters to traders of all experience levels, from beginners to those with a few years of experience, who want to trade with reduced risk using the firm's capital instead of their own. With its competitive features and UAE-based operations, AquaFunded aims to stand out in the crowded prop trading market and provide a trustworthy platform for traders looking to scale their profits. 

Get started with AquaFunded's funded trading program today!

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How To Become A Funded Trader In 5 Simple Steps

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1. Research and Choose a Provider

To start a funded trading account, research and choose a provider. Numerous firms and companies offer funded trading accounts, each with unique conditions and requirements. It’s crucial to do your due diligence and select a provider that aligns with your:

  • Trading goals
  • Strategies

AquaFunded is one of the best platforms for funded trading.

2. Meet the Eligibility Requirements

After selecting a provider, you can work toward their funded trading account. The next step is to meet the eligibility requirements. Each company will have its criteria, which may vary but generally include factors such as:

  • Minimum trading experience
  • Profitability in a simulated trading environment
  • Clean trading record

3. Submit an Application

Next, you can apply for a funded trading account once you have met the eligibility requirements. This process usually involves filling out an online form and providing supporting documents such as:

  • ID
  • Proof of address
  • Trading records

Carefully review and double-check all information before applying. Even a small mistake could delay the process or result in a rejection.

4. Pass the Evaluation Process

After you submit your application, it will undergo an evaluation process, during which your trading skills and strategies will be tested. This process may involve trading in a simulated environment or providing a track record of past trades. 

This evaluation aims to ensure that you are a skilled and profitable trader capable of managing a funded trading account.

5. Sign the Agreement and Start Trading

If you pass the evaluation process, you must sign an agreement with the provider. This agreement will outline the terms and conditions of the funded trading account, including:

  • Profit-sharing arrangements
  • Risk management guidelines
  • Any other rules or restrictions

Once the agreement is signed, you can start trading with your funded account and take advantage of its many benefits.

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Are Funded Accounts Legit Or Scam?

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Funded trading accounts can be real. It’s important to assess the offering company to determine if they are legitimate. Funded accounts are usually provided by proprietary trading firms, which offer traders capital in exchange for a share of the profits. Like any financial opportunity, some firms are real, while others are potential scams.

How to Tell If a Funded Trading Account is Legit

Reputation and Reviews: Don’t Trust Just Anyone

You can find out if a prop firm is reputable by researching them online. Look for reviews and testimonials from other traders and check trading communities, forums, and social media for feedback on the firm.

Consider the company's length of existence. A firm operating for several years is often more trustworthy than a new or unknown company.

Transparent Terms and Conditions: Know What You’re Getting Into

Legitimate firms will have clear and detailed terms regarding drawdown limits, profit splits, rules for:

  • Maintaining the funded account
  • Evaluation processes

Understand the costs involved, such as monthly subscription costs or evaluation fees. While some fees may apply, legitimate firms usually charge reasonable fees aligned with industry standards.

Evaluation Process: What to Expect

The evaluation process should be challenging but fair, without overly strict rules or unrealistic profit targets that make success almost impossible. 

Be wary of firms that guarantee funding without any assessment or evaluation. Legitimate firms typically require traders to prove their skills first.

Profit Withdrawals: Get Your Money

Before signing up with a prop firm, verify if traders have successfully withdrawn profits from the firm. Look for documented proof of payouts. Also, understand the percentage of profits you get to keep and how and when payouts are made. 

What Happens If You Lose Money On A Funded Account?

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Losing all funds in a funded trading account can be a death sentence. But the reality is that a funded account is different from your money. Instead, you receive the money from a prop trading firm after passing an evaluation. If you blow the account, you are not liable for any financial loss. You simply lose the opportunity to trade with the firm's capital and earn a profit.

Risk-Free Trading: What Happens if You Blow a Funded Account

You won't go bankrupt if you lose money on a funded account. Instead, you will lose the opportunity to trade with the firm's capital and earn a profit. After blowing a funded account, you will likely have to pay to retake the challenge to earn another chance at trading with real money.

Theoretical Profits and Losses: Demo Accounts vs. Funded Accounts

Retail prop traders will trade in demo accounts, making all profits and losses theoretical. This means they are not liable for any losses. 

What happens if you lose money on a funded account? Traders who violate the maximum drawdown rule lose access to the account and must pay and pass the challenge again.

Consequences of Losses on Funded Accounts

Many prop trading firms have strict maximum drawdown rules, which limit the amount a trader can lose before their account is closed. If a trader is within the maximum drawdown, they may retain access to the funded account and must pay a fee to reapply. 

While traders are not personally liable for losses on a funded account, they may lose the opportunity to earn profits and potentially miss out on future growth.

13 Best Funded Trading Account Platforms for Success

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1. AquaFunded:

Explore the Features of This Funded Trading Program for Forex Traders
AquaFunded is a Dubai-based funded trading program that allows traders to access large capital accounts and earn up to 95% profit splits. The company provides a unique funding model with easy-to-achieve 8% profit targets and fast bi-weekly payouts, with an option for the first payout in just 7 days. 

AquaFunded caters to traders of all experience levels, from beginners to those with a few years of experience, who want to trade with reduced risk using the firm's capital instead of their own. With its competitive features and UAE-based operations, AquaFunded aims to stand out in the crowded prop trading market and provide a trustworthy platform for traders looking to scale their profits.

2. Apex Trader Funding: An Overview of This Funded Trading Account Program for Futures 

Apex Trader Funding allows you to get started fast and access the futures market with limited risk to their capital. Generally, traders can get approved in as little as 7 days and seek somewhere between $400,000 and $4 million for their trading. You can connect with Rithmic or Tradovate, trade on holidays and much more. 

With Apex Trader Funding, you get to keep the first $25,000 you make, and profit splits remain at 90% for the biggest accounts. There are no daily drawdowns, and you can open up to 20 accounts. They often run promotions where you can get 80% off accounts, making them one of the cheapest funded trading accounts.

Pros and Cons of Apex Trader Funding

Pros

  • Fast Approval Process: Traders can often get approved within 7 days.
  • High Funding Amounts: Traders can seek up to $4 million for their trading.
  • Favorable Profit Splits: You can keep the first $25,000 you make and enjoy 90% profit splits for larger accounts.
  • Daily Drawdowns: Avoid losing your trading capital due to daily drawdowns.
  • Multiple Account Openings: Open up to 20 accounts.

Cons

  • Strict Performance Requirements: Traders must meet specific performance criteria to maintain funding.
  • Limited Control Over Trading Strategy: Funding providers may have restrictions on trading strategies or leverage.
  • Potential for Account Closure: The funding provider may close the account if performance falls below expectations.

3. IC Funded: An Overview of This Funded Trading Account Program

IC Funded is one of the best prop trading firms for traders looking to scale their trading operations and maximize profits. What sets IC Funded apart is its flexibility in the evaluation process, where time limits don’t pressure traders. 

This is a big deal because it allows you to trade at your own pace, focusing on strategy and skill rather than racing against the clock. Plus, with a profit split up to 80%, it’s a fantastic deal for traders who want to keep more of what they earn.

Instrument Variety

Another reason why IC Funded is the go-to choice for many traders is its broad range of tradable instruments and support for popular trading platforms like MetaTrader 4 and 5. Whether you’re into forex, crypto, or commodities, IC Funded has you covered with top-tier tools that help you execute your strategies effectively. The firm also allows various trading styles, from scalping to hedging, which allows you to trade in a way that suits you best. 

The firm also engages with its community through social media, keeping traders updated and connected. These factors combined make IC Funded a top choice for traders who are serious about growing their trading careers while enjoying the flexibility and support needed to succeed.

Pros and Cons of IC Funded

Pros

  • No Time Limits on Evaluations
  • Profit Split Up to 80%
  • Access to Over 150 Trading Instruments
  • Flexible Trading Strategies Allowed
  • Bi-Weekly Profit Withdrawals

Cons

  • Not Regulated by Major Financial Authorities
  • Initial Fee is Non-Refundable
  • Limited Asset Selection Compared to Some Firms

4. Fxify: An Overview of This Funded Trading Account Program for Forex Traders

FXIFY helps you get into prop trading and is a top option for forex traders. This platform allows you to take a one- or two-phase assessment depending on your trading comfort. Plus, you can work at your own pace to build confidence and earn more.

FXIFY Benefits

FXIFY offers prop traders various benefits, including profit splits up to 90%, funding up to $4 million, and MT4 and MT5 functionality. Traders can enjoy:

  • Customizable leverage
  • Tighter spreads than the competition
  • No trading restrictions

The platform provides instant payouts, has no consistency rules, and allows unlimited trading days. After their first payout, traders receive a 125% refund on their assessment fee.

Pros and Cons of Fxify

Pros

Accessibility: FXIFY allows traders to get started with prop trading quickly and easily. 
Flexible Assessment:
Choose between a one or two-phase assessment based on your comfort level. 
Work at Your Own Pace: Build confidence and earn more at your own speed. 
High Profit Splits: Earn up to 90% of your profits. 
Large Funding Amounts: Access funding up to $4 million. 
MT4 and MT5 Compatibility: Trade on popular trading platforms.

Cons

Performance Requirements: Traders must meet certain performance criteria to maintain funding. 
Risk of Account Closure: Failure to meet performance targets may result in closure. 
Limited Control Over Trading Environment: As a prop trader, you may have less control over certain aspects of your trading environment than a fully independent trader.

5. FTMO: An Overview of This Funded Trading Account Program

FTMO is among the most popular and reliable prop trading firms that have been offering their trading services since the year 2014. FTMO provides funded trader accounts to competent traders with funds up to $1 million. Before the traders could receive the funds, they had to go through a two-phase evaluation process, including:

  • Trading challenges
  • Account verification process 

The FTMO platform claims that its evaluation process is challenging and designed to bring out the best traders among the lot. FTMO also claims that consistent traders can also become successful at FTMO even if they lack the proper trading skills, as the platform provides:

  • A performance coach
  • Account analysis
  • Many other helpful trading tools to guide inexperienced traders

FTMO Highlights

The profit split ratio at FTMO is also higher than many other platforms at 80: 20%, and the trading challenges are also achievable. The traders also have the advantage of getting high leverage with reliable customer service. Regarding trading instruments, there are 44 forex trading pairs and 10 cryptocurrencies. 

FTMO is considered one of the best prop firms for Forex traders. Traders can also trade in:

  • Indices
  • Commodities
  • Stock CFDs

Pros and Cons of FTMO

Pros

  • High-Profit Split
  • Maximum Currency Pairs
  • High Leverage
  • Effective Trading Tool

Cons

  • Source of Funds is Unknown
  • Lack of Technical Assistance

6. Fidelcrest: An Overview of This Funded Trading Account Program

Among some of the best-funded trader programs, Fidelcrest has also made its place through its exceptional trading services. Founded in 2018, Fidelcrest is among the few prop firms that cater to citizen in the:

  • US
  • Canada
  • Australia
  • Other developed countries

Fidelcrest Program

Fidelcrest provides traders who pass its 2-phase evaluation challenge with a funded trading account of up to $2 million. The trading rules at Fidelcrest are competitive and require traders to demonstrate effective trading strategies and consistency to achieve their targets. 

At Fidelcrest, traders can get an affordable trading account with the most advanced platform and proficient customer service.

Fidelcrest Features

Fidelcrest is affiliated with a reliable and regulated broker, so the firm is trustworthy. Fidelcrest also offers multiple rewards and bonuses to its customers, such as an acceleration plan and plan double, which adds value to the overall trading experience. 

In contrast, traders are not allowed to use copy trading or EAs during Fidlecrest's evaluation phase. This is a big disadvantage, especially for new traders who rely on the strategies of other successful traders. It shows that the company’s aim is to generate maximum profits through competent traders rather than provide opportunities to new traders in the market.

Pros and Cons of Fidelcrest

Pros  

  • Partnered with a Related Broker
  • Low Subscription Fee
  • Rewards and Bonuses
  • Advanced Trading Platform MT4, MT5, C Trader

Cons  

  • No Copy Trading
  • Rigorous Evaluation Process

7. The 5ers: An Overview of This Funded Trading Account Program

Offering trades in forex, indices, metals, and securities, the 5ers provides some of the most generous profit shares in the industry. The company allows up to 100% split and even salary offers for top traders. Traders can access the platform immediately after passing the evaluation, the price of which starts at $95, and there are no subscription fees. 

Users gain access via MT5, and the standard leverage is 1:10 but can move upward to as much as 1:30. Capital funding ranges from $6,000 to $4 million, with easy scaling options and the freedom to develop your trading strategy. They are also currently running a promo for a 10% discount on the $10K Hyper Growth Account.

Pros and Cons of The 5ers

Pros

  • Generous Profit Splits: Offers some of the highest profit shares in the industry, including up to 100% for top traders.  
  • Salary Offers: Provides salary options for exceptional traders.  
  • Quick Access: Traders can start trading immediately after passing the evaluation.  
  • Low Entry Cost: Evaluation fees start at $95, and there are no subscription fees.  
  • MT5 Access: Provides access to the popular MT5 trading platform.

Cons

  • Performance Requirements: Traders must meet specific performance criteria to maintain funding and profit splits.  
  • Limited Control Over Trading Environment: As a prop trader, you may have less control over certain aspects of your trading environment than a fully independent trader.

8. Top Step: An Overview of This Funded Trading Account Program

Topstep is another proprietary firm that holds the position of a top brand in the financial markets. Traders can sign up for a futures trading account on Topstep by agreeing to participate in the Traders combine funded account program. Traders who pass the trader combine challenge can earn up to $ 300K in real-time funds in their funded futures account.

Topstep Benefits

Trading with Topstep offers many advantages, which is why it is also considered the best prop trading firm in the financial market. Numerous courses, quizzes, and other coaching programs provide technical assistance to traders. Topstep’s trader communities and forums are also the talk of the town among traders. 

Tostep is also popular among traders due to its fast and easy payout process and 14-day free trial account. The firm claims to process withdrawal requests within the same day. Topstep's profit split ratio is also phenomenal, up to 100%, which is higher than many other prop firms.

Platform Options

Traders get the chance to trade on a variety of trading platforms, such as:

  • TS Trader
  • Trading view
  • R Trader 

Topstep offers three different account sizes ranging from $50k, $100k, and $150k, with a subscription fees of:

  • $165
  • $325
  • $375 per month

Clear Profit Targets

This is a monthly recurring fee, not a one-time subscription fee like other platforms. The profit target of each account is $3,000, $6,000, and $9, 000 respectively, with a daily drawdown of $1000, $2000, and $3000 and a total drawdown of:

  • $2000
  • $3000
  • $4000

The targets are not percentages but specific amounts, making it clearer for the traders to calculate and set goals.

Pros and Cons of Top Step  

Pros  

  • Free Trial Account
  • 100% First $ 5000 Profit
  • Easy One-Step Evaluation 
  • Funded Trading Coach

Cons

  • Limited Trading Instruments
  • No Customer Service on Weekends

9. Audacity Capital: An Overview of This Funded Trading Account Program

Audacity Capital is a UK-based prop firm providing funded accounts to customers globally since 2012. Traders affiliated with this firm can trade in forex trading, indices, and commodities on the trading platform of MT4. 

Like all other funded trading programs, Audacity capital also provides funds to experienced and talented traders who would earn profits for the company.

Selection Process

To become funded traders, individuals must follow a different selection process, unlike other firms’ standard evaluation phases. 

At Audacity Capital, traders fill out a registration form and can apply for a funded account after passing an online or face-to-face interview session. Successful candidates are offered account sizes from $15,000 to $480,000 at a 50% profit split.

Account Progression

The funded trader at Audacity Capital has to go through six stages to reach the maximum funds of $ 480,000. The lot size also increases, with the capital starting at the last level from 0.5 to 16. 

At the initial levels, traders can only trade forex, but after the third stage, they can also include indices and commodities. This prop firm has no time restrictions or minimum trading days requirements.

Pros and Cons of Audacity Capital

Pros

  • Achievable Profit Targets
  • Multiple Educational Resources  
  • Zero Commission
  • Easy Payouts

Cons

  • No Room for Inexperienced Traders  
  • One Trading Platform MT4

10. Traders4Traders: An Overview of This Funded Trading Account Program

Traders4Traders is not just a proprietary trading platform that provides funds to skilled traders but also an educational platform that guides and trains individuals to become successful traders. 

Numerous online courses are offered to forex traders who become affiliated with the T4T platform. These traders then have the opportunity to do funded trading up to $1000,000 and earn massive profits.

Demo Evaluation

To start trading with a fully funded account, Professional and newly trained traders must go through a practical assessment demo account. The trading rules of this demo account require traders to maintain a 5% daily drawdown and achieve the 10% profit target. 

A plus for the trader is that there are no time constraints, and they can achieve this target as fast or as slow as they want.

Additional Rules

There are other rules at the traders4traders capital prop firm, apart from the trading conditions in the evaluation phase. Traders should have a stop loss for every trade that they open at the market. 

Trades that do not have a set stop loss will face a trade closure automatically from the server, and the account will be closed after the due notice. There are also rules regarding trading hours, as no trades can be conducted during the weekends.

Trader Levels

T4T is ideal for both new traders and experienced traders and investors. Amateur traders can first learn trading through the T4T trading education platform and then start low by opting for the initial level trading amount. 

Professionals are not required to go through the whole process and can simply subscribe for the larger trading account.

Pros and Cons of Traders4Traders

Pros

  • Trading Education Platform
  • Fast Scaling Plan
  • Unlimited Trading Time
  • One Time Subscription Fee

Cons

  • Multiple Level Evaluation Process
  • Low Leverage

11. Trade the Pool: An Overview of This Funded Trading Account Program

Offering access to over 12,000 stocks and ETFs, Trade the Pool, launched in 2022, is a newcomer to prop trading. An offshoot of 5ers, Trade the Pool has four funded trading programs starting at $20,000 up to $260,000 with an unlimited scale-up plan. Single-phase evaluation ensures that traders can quickly get to work. 

Trade the Pool is a great option for beginners who are mainly versed in stock trading and one of the top stock prop firms available. Active traders keep 80% of their profits. Funded accounts start at $20,000 and up to $260,000. Traders can test the system using the 14-day free trial.

Pros and Cons of Trade the Pool

Pros

  • Generous Profit Splits: Offers some of the highest profit shares in the industry, including up to 100% for top traders.  
  • Salary Offers: Provides salary options for exceptional traders.  
  • Quick Access: Traders can start trading immediately after passing the evaluation.  
  • MT5 Access: Provides access to the popular MT5 trading platform.  
  • Promotional Offers: Currently running a 10% discount on the $10K Hyper Growth Account.

Cons

  • Strict Performance Requirements: To maintain funding, traders must consistently meet specific profit targets, such as a minimum monthly profit or a certain profit factor. Meet these requirements to avoid account closure.
  • Limited Trading Flexibility: Trade The Pool may restrict specific trading strategies or instruments, limiting the trader's ability to implement their desired approach.
  • Lack of Transparency: The specific terms and conditions of the funding program may not be fully transparent, and traders may face unexpected changes or restrictions.

12. Funded Trading Plus: An Overview of This Funded Trading Account Program

The Funded Trading Plus has recently founded a prop trading platform that grants funded accounts starting from $12,500 with a scaling plan up to $2,500,000. The funded trading plus account is also popular among traders worldwide for its:

  • Easy trading rule
  • 90% profit splits
  • Affordable subscription fees

Funded trader plus also offers maximum crypto pairs for trading other than:

  • Forex
  • Indices
  • Commodities

Program Options

Another facility that funded Trader Plus provides is that the traders have the liberty to choose from:

  • One step evaluation program
  • 2 step evaluation program
  • Immediate funded accounts

The evaluation phases have easy trading rules, with a 10% profit target, 3% daily drawdown, and 6% total drawdown, and there is no time limit for reaching the goal.

Fee Structure

The subscription fee for the one- and two-step evaluation accounts starts at $199 and reaches $999, which is also refundable. For the instant funding program, the one-time non-refundable fee at level 1 is $225 and goes up to $4500. 

There are no restrictions on copy trading or using EAs. Similarly, traders can hold trades overnight and can also trade over weekends.

Pros and Cons of Funded Trading Plus

Advantages

  • No trading restrictions of overnight, weekend holdings
  • No Time Limitation
  • Direct Funded Programs
  • 90% Profit Split

Disadvantages

  • Drawdown Limitations
  • Low Leverage of 1:30

13. FTUK: An Overview of This Funded Trading Account Program

Forex Trader UK is a platform that provides funded trader accounts to capable traders and investors in the financial markets. FTUK is not a very popular name among the prop firms as it was founded in 2021. Even within a very short time, FTUK has been able to fund traders in many countries worldwide.

FTK Funding

FTK claims to provide funded stock trading accounts of up to $5,760,000 to competent traders who can earn profits for themselves and the firm. FTUK has a one-step evaluation process where risk management rules are applied to assess capable traders. 

Instant funded accounts are also an option for those who don’t want to undergo the evaluation process.

FTK Scaling Plan

As there are multiple levels to reaching the $5,760,000 funded account, traders do not have to wait until all the trading rules are followed. In fact, FTUK has a fast-paced scaling plan. In this plan, traders just have to reach their profit target to scale up their accounts. 

FTUK offers its customers a varied choice of trading instruments, making it a reliable portfolio manager partner for traders worldwide.

Pros and Cons of FTUK

Pros

  • Immediate Funding Program
  • One Step Evaluation
  • Fast Scaling Plan
  • Multiple Trading Instruments

Cons

  • 50% Profit Split at First Level
  • No Hedging Allowed

Join Our Funded Trading Program Today - Trade with our Capital and Keep 90% of the Profit

AquaFunded is a Dubai-based proprietary trading firm that offers funded accounts to traders of all experience levels. The firm provides access to large trading accounts with attractive profit splits. 

Traders who pass AquaFunded's evaluation can earn up to 95% of the profits they generate with the firm's capital.  The company also has a unique funding model with easy-to-achieve profit targets and fast payouts.

How to Get Started with AquaFunded

To start trading with AquaFunded, purchase one of the firm's evaluations or instant funding accounts first. The evaluation accounts range from $10,000 to $1 million and come with an 8% profit target that must be achieved to unlock the funded account.

You can also opt for instant funding, bypassing the evaluation and starting trading with a funded account immediately.  With instant funding, you may need to follow specific rules to retain the account.

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