Trading Success

13 Best Funded Trading Accounts For Successful Trading

Explore the top 13 funded trading accounts designed to help traders achieve success with reliable funding and support.

If you’re an aspiring trader, finding the capital to get started is one of the most significant hurdles. While you can open a trading account with as little as $100, starting with such a small amount makes it incredibly difficult to achieve consistent returns. Even if you can trade your way to profitability, it could take a long time to reach a level of funding that allows you to trade comfortably. Wouldn’t it be nice to skip this entire process and start with a funded trading account that already has thousands of dollars in it? In this article, we will explore the best-funded trading accounts available today so you can get back to what matters most — trading!

AquaFunded offers a valuable funded trading program to help you achieve your trading goals without the hassle of finding your capital. With their system, you can quickly access real, life-changing capital with no strings attached for trading forex, stocks, crypto, and more through trusted brokers.

What is A Funded Trading Account? 

trading account of a person - Funded Trading Accounts

A funded trading account lets traders test the market's waters using someone else’s capital. Simply put, you’re not using your money to complete trades. The account is funded for you.

This usually means trading with a proprietary 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.  

How Do Funded Trading Accounts Work? 

Prop firms assume the financial risk for the trades. Before they give someone simulated funding, they have some entrance criteria. This means the trader must complete at least one challenge.

The challenge is a chance to show you can execute successful trades consistently. You’re showing that you didn’t make a profit by luck! The challenge period ends. If you’ve shown that you’re a promising trader, you can keep a share of the simulated profits generated. The firm will continue to support you and offer in-built risk management to help you along the way. Funded trading is that simple! 

Related Reading

Is Trading With a Funded Account Worth it?

Unlock your trading potential with AquaFunded

  • Maximize Flexibility: Trade without risking your capital and leverage higher margins.
  • Competitive Profit Splits: Earn up to 95% of profits with access to large capital accounts.
  • Quick Payouts: Achieve easy 8% profit targets and enjoy bi-weekly payouts, with the option for your first payout in just 7 days.
  • Reduced Risk: This option is ideal for traders at all experience levels who want to trade with the firm’s capital instead of their own.

Start Your Journey with AquaFunded Today—a trusted Dubai-based platform designed to help you scale your trading profits.

Benefits of Trading With Funded Accounts

person analyzing his funds - Funded Trading Accounts

Capital Amplification: Supercharging Your Trading Potential

Funded trading accounts allow traders to utilize larger amounts of capital to increase their positions in the market. This leverage leads to improved profit potential when trading, as prop trading firms provide traders with access to capital to open more significant trades than their finances would allow. 

Capital amplification is particularly beneficial for traders who have a strong grasp of trading but need more personal capital. Effectively, it helps convert one’s money into a powerful financial vehicle capable of generating profits.

Reduced Personal Risk: Trade without Financial Fear

Risk management is the fundamental principle behind using a capital-financed trading account. Prop trading firms allow individuals to trade using borrowed funds, not exposing their finances to significant risk. They mainly provide an opportunity for risk-averse individuals beginning their trading careers or those simply looking to minimize risk.

The funded account acts as an offset, shielding traders from the magnitude of potential losses. It provides economic security that enables traders to venture confidently into the complex nature of trading. Through reduced personal risk, they can focus on perfecting their strategies or acquiring invaluable market knowledge unhindered.

Professional Development: A Pathway to Trading Mastery

Funded account trading programs are active avenues for ongoing capacity building. Multiple evaluation phases, frequent feedback, and strict risk management standards help a trader:

  • Learn
  • Develop
  • Become more proficient

The structured learning environment extends beyond generating profits and builds up mindsets of perpetual improvement. Traders are forced to change and become wiser and more tactical in their trades. Prop trading firms create feedback loops that help traders improve their skills beyond navigating current trades. Traders don’t merely manage today’s transactions but prepare themselves for trading tomorrow.

Performance-Based Earnings: Aligning Trader and Firm Interests

Profit sharing defines a relationship that correlates the payment and performance of a trader in a funded account. It financially rewards a trader and generates shared profits with the prop trading company. The symbiosis is manifested through this performance-based arrangement, which makes the trader’s interest identical to that of the funding institution.

The traders are encouraged to keep enhancing their ways of trading, making appropriate decisions, and maintaining victory. Tangible rewards for performance create the common bond of a symbiotic association to accumulate profits while ensuring long-term survival in a fierce financial environment.

Access to a Variety of Markets: Diversifying Your Trading Portfolio

Funded traders have high degrees of freedom to deal in different financial markets, providing ample opportunities for diversifying their portfolios. This will cover not only ordinary markets but also:

  • Stocks
  • Foreign exchange
  • Commodities, etc

Portfolio diversification helps spread risk among asset classes, improving traders’ approach to market fluctuations. Exposure to varied markets increases the flexibility with which traders can take advantage of trading opportunities.

This flexibility allows going with the flow even during turbulent moments or when given some particular market niches, offering outstanding possibilities. The width of trade provides a versatile trader’s tool with an additional component necessary for a strong trade strategy.

Cost Savings: Improving Your Bottom Line

Cost savings are an important consideration for enhancing traders' revenue when they trade on a funded account. Prop traders do not carry the entire brunt of trading expenses like conventional retail traders. They trade based on a cost-sharing arrangement with a funded trader. They don’t bear only the cost of transactions and other expenses.

This firm helps defray these costs, consequently becoming more financially effective for a trader. Through cost sharing in trading, traders who are funded benefit due to having more revenue than was spent. This cost-saving mechanism helps traders maintain profits without jeopardizing the appeal of funded account trading schemes to people who want to maximize profits.

Advanced Trading Tools and Analytics: Gaining an Edge in the Market

Prop firms are set apart from retail platforms because their funded traders have advanced trading technologies and analytics beyond what a traditional platform would offer. Funded traders possess a crucial upper hand against those in the competition in financial markets since they are equipped with sophisticated analytic tools, real-time market reports, and highly efficient order execution technology.

They allow for intensive market analysis, determining trends, and informed trade decision-making. Access to sophisticated technology improves the accuracy and effectiveness of trading activities, giving traders an edge over the competition amidst the turbulent dynamics in this industry. Integrating such tools into the system makes it easy for many traders to perform and remain flexible.

Potential for Career Advancement: Building Your Trading Resume

Aside from achieving profits, success in a funded account trading program leads to career development opportunities in prop trading. Extra liquidity can be provided for consistently profitable traders who adhere to risk management rules.

The extra capital injection allows traders to scale and trade more, earning more. Good traders are likely to emerge as leaders who can develop company-specific trading techniques to enhance the organization's overall performance and achieve success. Apart from being a stepping stone toward immediate profits, an experience in a funded program presents possibilities for future promotion, leading to the sustainability of one’s authority in the trade industry.

Flexible Trading Environment: Customizing Your Trading Experience

Funded account trading comes with an adjustable platform, enabling traders to customize the trading process based on their needs and tastes. This flexibility includes the possibility of trading remotely following specific times when traders work at their optimal levels.

Providing varying trading styles and encouraging work-life balance help create a more conducive environment for all. Traders’ overall well-being and job satisfaction also depend on their trader’s ability to adapt to personal preferences. Removing these rigid limitations leads to more excellent synchronization of everyday trades in the life of a trader and helps facilitate long-term prosperity.

13 Best Funded Trading Accounts For Successful Trading

trading chart of a person - Funded Trading Accounts

1. AquaFunded: Your Gateway to Funds in the UAE

AquaFunded is a Dubai-based proprietary trading firm that provides traders:

  • Access to funded trading accounts of up to $5 million and profit splits of up to 95%. 
  • The company has a unique funding model with easy-to-achieve profit targets of 8% and fast bi-weekly payouts. 
  • There is even an option for the first payout to be processed in just seven 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: Rapid Approval and High Funding Amounts

Apex Trader Funding allows you to get started fast and access the futures market with limited risk to your capital. Traders can get approved in as little as seven 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, you can open up to 20 accounts, and they often run promotions where you can get 80% off accounts, making them one of the cheapest funded trading accounts.

Pros

  • Fast approval process: Traders can often get approved within seven days.
  • High funding amounts: Traders can seek up to $4 million for trading.
  • Favorable profit splits: You can keep the first $25,000 you make and enjoy 90% profit splits for larger accounts.
  • No daily drawdowns: Avoid the risk of 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: Flexible Evaluations for Aspiring Traders

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. With a profit split up to 80%, it’s a fantastic deal for traders who want to keep more of what they earn. 

IC Funded: Diverse Trading Instruments and Platform Support for Every Trader

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, so you can trade in the way that suits you best. The firm also stays engaged with its community through social media, keeping traders updated and connected. All these factors combined make IC Funded a top choice for traders serious about growing their trading careers while enjoying the flexibility and support needed to succeed.

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: A Top Choice 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. You can work at your own pace to build confidence and earn more. FXIFY offers prop traders various benefits, including:

  • Profit splits up to 90%
  • Funding up to $4 million
  • MT4 and MT5 functionality

Traders can enjoy customizable leverage, tighter spreads than the competition, and 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

  • Accessibility: FXIFY allows traders to get started with prop trading quickly and easily.
  • Flexible assessment: Choose a one or two-phase evaluation based on your comfort level.
  • Work at your own pace: Build confidence and earn more at your speed.
  • High profit splits: Earn up to 90% of your earnings.
  • Large funding amounts: Access funding up to $4 million.
  • MT4 and MT5 compatibility: Trade on popular trading platforms.

Cons

  • Performance requirements: Traders must meet specific 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 environment than a fully independent trader.

5. FTMO: A Leader in Funded Trading

FTMO has been among the most popular and reliable prop trading firms offering their trading services since 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 undergo a two-phase evaluation process, including trading challenges and an 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: Empowering Inexperienced Traders with Tools, High-Profit Splits, and Diverse Instruments

FTMO also claims consistent traders can succeed even if they lack the proper trading skills. The platform provides a performance coach, account analysis, and many other helpful trading tools to guide inexperienced traders. The profit split ratio at FTMO is 80: 20%, higher than many different platforms, and trading challenges are also achievable.

Traders also have the advantage of getting high leverage with reliable customer service. Regarding trading instruments, there are 44 forex trading pairs and ten cryptocurrencies. FTMO is considered one of the best prop firms for Forex traders. Traders can trade indices, commodities, and stock CFDs.

Pros

  • High-profit splits
  • Maximum currency pairs
  • High leverage
  • Effective trading tools

Cons

  • Source of funds is unknown
  • Lack of technical assistance

6. FidelCrest: Exceptional Trading Services for Funded Traders

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 citizens in the following ways:

  • US
  • Canada
  • Australia
  • Other developed countries

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. 

Fidelcrest: Affordable Accounts and Rewards, But Restrictions for New Traders

At Fidelcrest, traders can get an affordable trading account with the most advanced platform and proficient customer service. Fidelcrest is affiliated with a reliable and regulated broker. The firm is trustworthy.

Fidelcrest also offers multiple rewards and bonuses to its customers, such as the acceleration plan and plan double, which add value to the overall trading experience.

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

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: High-Profit Shares and Immediate Access

Offering trades in:

  • Forex
  • Indices
  • Metals
  • 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 starts at $95, and there are no subscription fees. Users gain access via MT5, and the standard leverage is 1:10. Still, it 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 running a promo for a 10% discount on the $10K Hyper Growth Account.

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 no subscription fees exist.
  • 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 environment than a fully independent trader.

8. Top Step: A Leader in Funded Trading

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. There are many advantages to trading with Topstep, 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: Exceptional Profit Splits, Flexible Accounts, and Fast Payouts

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, easy payout process and a 14-day free trial account. The firm claims to process the withdrawal request within the same day. Topstep's profit split ratio is phenomenal, up to 100%, higher than many other prop firms. Traders can trade on various trading platforms, such as:

  • TS Trader
  • Trading View
  • R Trader
  • And many more

Topstep offers three different account sizes, ranging from $50k to $100k, with monthly subscription fees of $165, $325, and $375. 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,
  • Daily drawdown of $1000, $2000, and $3000
  • Total drawdown of $2000, $3000, and $4000. 

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

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: A Unique Selection Process

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

Like all other funded trading programs, Audacity Capital also provides funds to experienced and talented traders who would earn profits for the company. Unlike other firms ' standard evaluation phases, individuals must follow a different selection process to become funded traders. 

Audacity Capital: Structured Progression with Flexible Trading Opportunities

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

The funded trader at Audacity Capital must go through six stages to reach the maximum funds of $480,000. The lot size increases with the capital, starting from 0.5 to 16 at the last level. At the initial levels, traders can only trade forex, but after the third stage, traders can also include indices and commodities. This prop firm has no time restrictions or minimum trading days requirements.

Pros

  • Achievable he funded traders at Audacity Capital have to go through six stages to reach the maximum funds of $480, opp profit targets
  • Multiple educational resources
  • Zero commission
  • Easy payouts

Cons

  • No room for inexperienced traders
  • One trading platform MT4

10. Traders4Traders: An Educational Platform with Funded Trading

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, and they have the opportunity to do funded trading up to $1,000,000 and earn massive profits. 

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 involve traders maintaining a 5% daily drawdown and achieving 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 slow as they want. 

Traders4Traders Capital: Strict Trading Rules and Flexible Options for All Experience Levels

Other rules exist at the Traders4Traders capital prop firm, apart from the trading conditions in the evaluation phase. Traders should have a stop loss at every trader they open. 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. T4T is ideal for both new traders and experienced traders and investors. The amateur traders can first learn trading through the T4T trading education platform and then start low by opting for the initial level trading amount. On the other hand, professionals are not required to go through the whole process and can simply subscribe for the larger trading account.

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: A Newcomer for Stock Traders

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 an excellent option for beginners who are mainly versed in stock trading and is one of the top stock prop firms. 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

  • 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. Please 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 need to be fully transparent, traders may need to be more transparent, and traders may face unexpected changes or restrictions.

12. Funded Trading Plus: High-Profit Splits and Easy Rules

Funded Trading Plus 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 rules, 90% profit splits, and affordable subscription fees. 

Funded traders offer a maximum of crypto pairs for trading other than forex, indices, and commodities. Another facility-funded Trader Plus provides is that traders can choose from a step evaluation program, a 2-step evaluation program, or immediately funded accounts. 

Traders4Traders Capital: Flexible Evaluation Rules and Funding Options with Minimal Restrictions

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

  • There are no trading restrictions of overnight weekend holdings
  • No time limitation
  • Direct Funded Programs
  • 90% profit split

Cons

  • Drawdown limitations
  • Low leverage of 1:30

13. FTUK: High Funding Amounts and Quick Scaling

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 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.

FTUK: Instant Funding and Rapid Scaling with Diverse Trading Instruments

There is also an option for instant-funded accounts for those who don’t want to go through the evaluation process. With multiple levels to reach the $5,760,000 funded account, traders do not have to wait until all the trading rules are followed. 

FTUK has a fast-paced scaling plan. Under this plan, traders must reach their profit target to scale up their accounts. FTUK provides its customers with various trading instruments and is a reliable portfolio manager partner for traders worldwide.

Pros

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

Cons

  • 50% Profit Split at first level
  • No hedging allowed

How to Choose The Best Funded Trading Accounts

man checking his trades - Funded Trading Accounts

1. Understand Your Trading Style and Goals

Before exploring the specifics of funded trading accounts, it's crucial to identify your trading style and goals. Trading styles can be classified into three main categories: 

  • Day trading
  • Swing trading
  • Scalping

Day traders buy and sell within the same day and typically make dozens or hundreds of trades daily. 

Swing traders hold trades for longer than a day and look to capture price swings or moves that can last for days or weeks. Scalpers make many trades in a single day or session and hold positions for seconds or minutes. Understanding your trading style will help you identify the funded account that best meets your needs.  

2. Evaluate the Challenge and Evaluation Models

Different firms offer varied models to test and fund traders. The most important parameters to compare include:  

  • Evaluation Phases: Some firms have multi-phase evaluations, while others may offer a single-step challenge.  
  • Profit Targets: Understand the profit targets required to pass each phase.  
  • Time Limits: Check for any deadlines to complete the challenge phases. 
  • Drawdown Limits: Look for daily and overall drawdown limits to manage risk.  

3. Analyze the Cost and Profit Split  

The financial aspects are crucial in selecting a funded account:  

  • Entry Fees: Compare the entry costs for different account sizes and models.  
  • Refundable Fees: Determine if the entry fees are refundable upon completing the evaluation.  
  • Profit Split: Higher profit splits are attractive, but check the conditions for scaling up profit splits.  

4. Assess Trading Strategies and Restrictions  

Your trading strategy should align with the firm's rules and restrictions:  

  • Allowed Strategies: Ensure your preferred strategies (e.g., scalping, news trading) are permitted.  
  • Leverage Offered: Higher leverage can increase potential profits but also risk.  
  • Instrument Availability: Check if the firm supports trading in your preferred instruments (forex, stocks, commodities).  

5. Review Support and Additional Resources  

Support and resources can significantly impact your trading experience:  

  • Customer Support: Evaluate the availability and quality of customer support.  
  • Educational Resources: Some firms offer educational tools, webinars, and mentoring to help improve your trading skills.  

6. Consider the Firm's Reputation and Conditions  

The overall reputation and specific conditions can influence your decision:  

  • Reputation: Research the firm's reputation among traders and the trading community.  
  • Funding Amount: Look at the maximum amount and the conditions for scaling up the account.  
  • Payout Processing: Check the firm's payout processing efficiency and any associated conditions.

Related Reading

What Happens If You Lose Money On A Funded Account?

man loosing money - Funded Trading Accounts

When you lose all of your funds in a funded trading account, you’re not completely out of the game. You can often reapply for a new account with the same firm, but you must first pay a fee to cover your losses. 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. 

Trading on a Demo Account First

Before receiving access to a funded trading account, retail prop traders will first trade in demo accounts, making all profits and losses theoretical, meaning 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.

Risk-free trading

Demo accounts allow traders to practice trading strategies without risking their capital. This is particularly valuable for those new to prop trading or those testing new strategies. Theoretical profits and losses: All profits and losses generated on a demo account are simulated and do not have any real-world financial impact.

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. 

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 provides traders access to funded trading accounts of up to $5 million and profit splits of up to 95%. The company has a unique funding model with easy-to-achieve profit targets of 8% and fast bi-weekly payouts. There is even an option for the first payout to be processed in just seven 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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