Funded Account

Detailed Explanation

Funded accounts are the end goal of a prop firm evaluation. After passing a challenge, the trader receives a funded account (typically ranging from $10,000 to $400,000) and must continue following the firm's risk management rules. Profits are split between the trader and the firm, and payouts are processed on a regular schedule (bi-weekly or monthly). Some firms offer 'instant funded' accounts that skip the evaluation entirely for a higher fee.