This query is about funded trading accounts, not medical. Here's a comprehensive guide:
How to Get a Funded Trading Account
What Is a Funded Account?
A prop firm (proprietary trading firm) gives you their capital to trade. You keep a profit split (typically 70–90%) and the firm absorbs losses. You don't risk your own money — you just pay a one-time or recurring evaluation fee.
Step 1: Choose a Prop Firm
Here are the most popular and reputable ones:
| Firm | Max Funded Capital | Profit Split | Eval Cost (approx.) |
|---|
| FTMO | $200,000 | 80–90% | $155–$1,080 |
| MyForexFunds | $300,000 | 75–85% | $59–$699 |
| The Funded Trader | $600,000 | 80–90% | $130–$1,499 |
| Apex Trader Funding | $300,000 (futures) | 90% | $147–$657/mo |
| TopstepTrader | $150,000 (futures) | 90% | $49–$149/mo |
| E8 Funding | $400,000 | 80% | $108–$648 |
Forex/CFD traders: FTMO, MyForexFunds, The Funded Trader
Futures traders: Apex, Topstep, Earn2Trade
Step 2: Pass the Evaluation (Challenge)
Most firms use a 2-phase model:
Phase 1 (Challenge)
- Hit a profit target (e.g., 10% in 30 days)
- Stay within daily loss limit (e.g., 5%)
- Stay within max drawdown (e.g., 10%)
Phase 2 (Verification)
- Smaller profit target (e.g., 5%)
- Same risk rules apply
One-Phase / Instant Funding Options
- Some firms (e.g., Apex, E8) offer faster paths with slightly lower profit splits.
Step 3: Get Your Funded Account
Once you pass both phases:
- You receive a live funded account
- Trade with the firm's capital
- Request payouts (typically bi-weekly or monthly)
Weekly Profit Potential
Weekly profit depends on your account size and consistency:
| Account Size | 1% Weekly Gain | 2% Weekly Gain |
|---|
| $10,000 | $100/week | $200/week |
| $25,000 | $250/week | $500/week |
| $50,000 | $500/week | $1,000/week |
| $100,000 | $1,000/week | $2,000/week |
| $200,000 | $2,000/week | $4,000/week |
These are gross numbers. After the firm's cut (e.g., 20%), multiply by your profit share (e.g., 0.80).
Example: $100k account, 2% weekly gain = $2,000 gross × 80% split = $1,600/week to you
Key Rules to Stay Funded
- Never breach daily loss limit — this is the #1 reason traders get cut
- Never breach max trailing drawdown — especially on futures accounts
- Trade consistently — erratic lot sizing is a red flag
- Follow news rules — many firms ban trading during high-impact news
- Meet minimum trading days — usually 5–10 days required
Tips to Pass Faster
- Risk 0.5–1% per trade — preserve capital, hit targets slowly
- Focus on 1–2 setups — don't over-trade
- Journal every trade — track what works
- Treat the eval like a live account — emotional discipline matters
- Scale up gradually — pass one account, reinvest fees into more accounts
Scaling Path Example
- Start: Pass $10k challenge (~$100–150 fee)
- Scale: Request account scaling (many firms double your account at milestones)
- Stack: Run multiple accounts simultaneously (e.g., 3 × $50k = $150k total capital)
- Compound: Use profits to fund more challenges
Bottom line: FTMO and Apex Trader Funding are the most beginner-friendly with strong reputations. Start with a smaller account size ($10k–$25k), master your rules, then scale.