Frequently Asked Questions
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It's easy to get started! Click here. Choose your account size, create your account, and complete your purchase. You'll receive your login credentials via email instantly. Once you're all set, review the FAQs to understand the trading objectives and rules before you begin trading!
This is the Trader Timeline, explaining how the process works:
- Start an evaluation.
- Complete the simulated evaluation by reaching a 10% profit target, managing 4% daily and 8% total drawdown, with no time limit or minimum trading days. Once the target is met, you can begin the upgrade process.
- Submit KYC documents and the Signed Terms Of Use Agreement to the dashboard.
- Add payout details (Bank Wire or Crypto Address) to the dashboard.
- Simulated Live account credentials will be sent within 72 hours of KYC submission & User Agreement being signed
- Trader begins trading the Prime simulated funded stage.
- Payouts begin, with the first payout eligible after 21 days from the first trading day.
Important: After passing the evaluation and submitting KYC, ensure you add your payout details to the dashboard (BTC or Bank Wire). The system will recognize your readiness for live trading once all documents and details are submitted, and funded credentials will be sent within 72 business hours.
Traders have unlimited time for evaluation. Reaching the 10% simulated profit target allows an instant upgrade to live simulated account (Prime Funded Trader) in as little as 1 trading day. Evaluation duration depends on trading strategy.
The 1-Step evaluation profit target is 10% of the starting balance. There is no profit target in the Prime Funded Trader stage.
Payouts are processed via Bank Wire or Cryptocurrency, processed within 24-72h. Efforts to expedite payouts to traders within 8 hours when feasible. Currently, payouts only via crypto is available.
Payout Schedule:
First payout: 21 calendar days from the first trading day on your Prime Trader Funded account. Commision Based Profit Split: 50%.
Second payout: 21 days after the first payout, the balance is reset to the initial amount. Commision Based Profit Split: 70%.
Third payout: After reaching the third payout, access to bi-weekly payments. Commision Based Profit Split: 80%.
All following Commission Based Profit Split: Bi-weekly at 80%.
We accept various trading strategies (Support/Resistance, Candlestick Patterns, EA’s, Supply/Demand, Smart Money Concepts), seeking consistency. Evaluation has no restrictions, but Prime Funded stage prohibits certain strategies like:
Hedging Orders Across Multiple Accounts
Latency Arbitrage
Abusing The Volatility Of News By Placing Guaranteed Limit Order Fills
Any Use Of Delayed Data Feeds For Risk-Free Profit
3rd Party Account Management
Grid Trading or Grid Trading Softwares
Martingale Trading or Martingale EA’s
Copy Trading Of Another Person's Signals Or Among Multiple Users On Our Platform
The maximum live simulated funding capital for Prime Funded Traders is currently $200,000, with plans to increase this limit to $600,000 soon.
Note: Purchasing more than the current allocation will result in a breach of all accounts.
The maximum simulated daily drawdown of 4% is calculated using your initial account balance as of the reset time. Each day, at 00:00 PM Market Watch Time (5:00 PM EST), the sim maximum daily drawdown undergoes a reset. Drawdown is also calculated by the highest equity point. Be sure to not go 4% lower than the initial balance at reset time, or 4% lower than the highest equity point in one day.
The Maximum sim Total Drawdown of 8% represents a trailing measure calculated from the account balance and equity.
Example: with a $100,000 sim account, your maximum sim overall loss will be set at $92,000. If your account balance or equity reaches $108,000, your sim trailing drawdown will be set at $100,000. The sim trailing drawdown will always trail the highest balance or equity by 8%. Traders have the responsibility to adhere to these rules in managing risk while trading our Prime Funded Trader accounts. Failure to comply with these regulations will lead to forfeiture of the funded account.
Every trader will have constant access to their maximum sim daily and overall sim drawdown thresholds through their dashboard.
If a trader passes their evaluation without using HFT bots, there is no limit on payout size.
If HFT or 'instant/passing service' is used at any point during the evaluation, payouts will be limited to profits of up to 6% of the starting account balance. Gains beyond this 6% won't be eligible for the profit split but won’t break any rules. For example, on a $200,000 account, profit splits will apply only to the first $12,000 in gains (6% of the account balance) at a rate of 50%, 70%, or 80%, depending on the split arrangement.
This 6% limit resets with each payout, encouraging consistent earnings and preventing risky trading behaviours, like high-margin trades around major news events. We aim to support long-term trader success by providing reliable payouts and high-quality trade data.
We have a 30% Daily Profit Consistency Rule. This means that when submitting a withdrawal request, no single day’s profit should exceed 30% of your total profit, focusing strictly on profits, not overall PnL. For example, if your trading period shows a total profit of $10,000, then no single day’s profit should be more than $3,000 as this is 30% of the total profits ($10,000). Upon submitting a withdrawal request, trades that exceed this limit will be flagged as a soft breach, with the invalid trades removed while keeping account access. Additionally, no single trade should account for more than 30% of your total profit. In a $10,000 total profit scenario, this means no trade can exceed $3,000.
Lot Size Consistency: This rule ensures trade size consistency when a payout is requested. Your average trade size sets a range, allowing for a maximum of 100% above and a minimum of 70% below that average. Trades that fall outside this range upon withdrawal will be handled as a soft breach, removing the invalid trades but maintaining account access.
Note: Trades placed within a 30-second window are combined into one position for both profit and lot consistency checks.
At the Prime Funded Trader Stage, we have a requirement for our traders to participate in a minimum of 5 trading days before each withdrawal. Our 1-Step funding program offers a faster path to begin your live sim-funded journey compared to most firms, and it comes with no restrictions during the evaluation stage. We view the minimum day aspect as a fair measure to help us gather proprietary data and gain insights into your trading approach.
While many other firms have multiple stages/phases for this process, we prioritize putting you on track for a simulated profit split quickly, which can happen in as little as 72 hours. We believe that assessing your live sim trading abilities is crucial because that's when it truly matters.
The 5 minimum days to understand your strategy serves as a small consistency rule, and it's only fair considering the absence of restrictions related to Expert Advisors (EAs) during the evaluation. The best part is that you can even reach the Prime Funded Trader with just one successful trade!
To sign up with Prime Funding, all traders must meet a minimum age requirement of 18 years.
We offer all accounts through MT5 platforms. Trade on your PC, Mac, or Mobile device conveniently from your preferred platform, enabling remote trading with ease.
Leverage is set at 1:100 for the challenge phase and 1:30 for the funded stage
Currently, we only accept cryptocurrency payments, such as: USDT, ETH, USDC, TRON, ARBITRUM, SOLANA as they offer quick transaction speeds and minimal fees. However, we’ll be adding credit and debit card options very soon!
To get started, click here to take on the challenge, secure $200,000 in simulated capital, and get paid based on your performance.
Due to government restrictions, at this time, we are unable to accept traders from Cuba, Iran, Lebanon, Libya, North Korea, Somalia, Sudan, Syria, and Yemen.
Upon registering for the evaluation, you can expect to receive a prompt notification via email from us within minutes.
In case you do not find the email in your inbox, kindly check your spam/junk folder.
Should you not receive your credentials within 60 minutes, please don't hesitate to reach out to our live chat support. We will be more than happy to assist you promptly.
During the 1-Step Program, you have the option to hold positions over the weekend in the evaluation phase. However, in the Prime Funded Trader stage, holding over the weekend is not permitted. This policy is in place to protect both the trader and us from potential drastic market swings that can occur during weekends, which may lead to overexposed risk and capital in the markets.
If you wish to hold a trade over the weekend in your Prime Funded Trader account, you can request an exception by reaching out to our support team via email or live chat before Friday at market close. Simply state that you would like a "Hold Through Weekend Request." Our analysts will carefully evaluate your trade and take into consideration your individual trading style and the current market sentiment. Depending on the circumstances, we may grant you permission to hold the position through the weekend. We believe in fostering a cooperative relationship with our traders, working together for mutual success.
If you require assistance at any point during your funding journey with us, feel free to reach out to our live support on the website or send an email to [email protected]. We're here to help!
There is no stop loss (SL) requirement for challenge accounts. However, for funded accounts, you are required to have a stop loss in place on every position before closing the trade. Failure to do so will result in a soft breach (profits will be removed while account access remains)
Once the payment for your evaluation plan is officially confirmed, you will receive an email containing the login details to access your evaluation. It's important to note that once this information is sent to you, the sale will be considered final, and no refunds will be issued.
However, in certain exceptional cases, if you inform us early on and no trades have been executed on the account, we are willing to work with you and consider providing a refund. For assistance in such scenarios, you can contact our live support, and we will make every effort to address your situation on an individual basis.
Please be aware that clients who improperly dispute charges will be subject to legal action, and they will also be banned from accessing our platform. It's essential to understand that for our 1-Step Evaluation, traders are compensated solely based on their performance during the Prime Funded Trader stage. By proceeding to trade with our firm, you are acknowledging and accepting this refund policy
For our 1-Step program, crypto trading over the weekend is currently not offered.
The use of HFT EA's in our 1-Step Evaluation will be available for a limited duration.
Among the numerous requests we've received before the launch, enabling HFT EA's during the evaluation stage has been the most popular. In response, our team has developed a custom funding program to ensure long-term sustainability with higher passing rates compared to other firms.
While some firms offer extremely high profit splits with HFT usage, we prioritize a sustainable business model over short-term gains. Although our profit split of 50% in the first month may seem lower, we prioritize providing our traders with a seamless experience, including fast payouts, high score bonus prizes, and giveaways. We believe in creating a system that can be maintained in the long run rather than promising unsustainable high profits and delayed payouts.
Yes, you are allowed to use trader copiers to replicate your personal trades onto your funded account with Prime Funding. Your Prime account can serve as your master account, and you can copy trades from your other trading accounts as well.
When utilizing a copy trader, ensure that you avoid placing identical orders within the same time intervals as other traders on our platform. This situation can arise through the use of widespread Expert Advisors (EA's), account management services, and third-party signals. Consecutive identical orders placed by two or more users on our platform will be considered a violation. It's important to note that this trade copying policy applies specifically to the Prime Funded Trader stage.
Although EAs are permitted, we strongly recommend using a unique set file or confirming that no other traders are using the same EA on our servers. Doing so will prevent our system from detecting any matching orders.
To maintain fairness, Prime Funding provides a warning for the first instance of a trader violating the trade copying rules and may deduct any profits resulting from copying other users on our platform. If a second occurrence of copy trading from other users on our platform happens, a violation will be issued.
Before using an Expert Adviser (EA) during the Prime Funded Trader stage, it is advisable for the trader to ascertain that the EA or trading style being used does not fall into any of the following categories.
Before using an EA on the funded stage, please send your name and a request to use an EA to [email protected]. Use the subject line "Request to Use EA on Funded Account," and include your full name, account number, and confirmation that your EA does not fall into the restricted categories.
Once approved, please note that profits generated on the funded account using an EA will be capped at 5% of the account balance. While this cap is in place for risk mitigation and to prevent server overload, it still provides a substantial opportunity for traders. Profits exceeding this limit will not be counted. Rest assured, this cap will be lifted in the future.
We suggest that traders consult with the developer of the EA they plan to use before continuing with its usage during the funded stage. We have provided the name and definition of the strategies to which attention must be paid if intending to use an EA whilst funded:
Grid Trading Or Grid Trading EA’s
Grid trading is when orders are designed to be placed above and below a set price, creating a grid of orders that increase or decrease incrementally along with the chart price.
Having 2 trades open at a time is not considered grid trading, however, once there are 3 or more positions in the trading session with each following order stacked as the original position moves into drawdown, this classifies more towards grid trading.
The process for identifying Grid Trading more often than not follows the below-stated points:
- Determining the starting price for the grid.
- Choosing an interval, such as 10 pips, 50 pips, or 100 pips.
- Determining whether the grid will be with the trend or against the trend.
Martingale
Martingale is a method used to amplify the chance of recovering from a losing streak by constantly increasing the lot size of new trades in order to circumvent any loss taken.
This strategy involves doubling up losing trades and reducing winning trades by roughly half. Opening subsequent trades on an asset with a difference in ≈50% of the prior trade would result in martingale. EA’s which incrementally open higher lots while price moves against the direction of the orders adding up to a substantially higher lot size than the first would also classify as Martingale.
Guaranteed limit orders
Placing limit orders with SL and TP using high lot sizes around periods of high-impact news or high volume. In such a scenario, there is no guarantee that the order gets filled at the same price through live market conditions and occurrences of slippage. For example, if a trader was to place a buy stop above price, and a sell stop below price before a high impact news event such as FOMC, this would classify as a guaranteed limit order approach. This type of approach is based on entirely different outcomes each time depending on order fills, slippage, and market conditions.
To keep full transparency, the reason we do not allow Martingale or Grid EA’s is due to the fact we allow a no-restriction evaluation, meaning the use of HFT allows traders to have access to funded accounts at an exceedingly high passing rate. If our program was built similar other funding programs, where traders must use true trading conditions to pass and not HFT, this would be different on our end and we would allow these types of strategies. Since a trader is offered guaranteed sim-funding through HFT, this is where the difference occurs from a risk standpoint.
Unfortunately, there are no exceptions to this as we do not allow these types of trading styles during the funded stage. By purchasing an evaluation, the trader agrees that the above strategies will not be used while funded.
Currently, there are no restrictions on the trading style you can use during the evaluation stage. You are free to utilize any strategy that functions on our servers. However, for information on prohibited strategies during the funded stage, please refer to the section titled "Which Trading Styles Do We Accept?" above.
Upon requesting a payout, your account status will be changed to "In Review." During this period, we kindly ask you to avoid making any additional trades until your payout is fully processed and the necessary review is concluded.
A Prime Funded Trader Account represents a simulated exhibition account that receives quotes from liquidity providers. The primary purpose of these accounts is to evaluate and reward traders based on their performance with commission-based payouts.
The Prime Funded TraderStage is the phase of the program where traders gain access to payments in the form of a commission-based profit split, derived from the account gains they have generated. The exact profit split is determined through an agreement between the trader and the account provider.
All performance-dependent affiliate challenge accounts are subject to a 3% profit cap to ensure fairness, encourage responsible trading and support sustainable growth within the program. This will range from $25,000 to $200,000 maximum funding.
Most common ways of violating an account:
- Weekend Holding Without Prior Approval.
- Violation of a Drawdown Metric: Either a 4% equity-based daily drawdown or an 8% total drawdown, trailing of balance, or highest equity.
- Inactivity for 30 Days on the Challenge or Evaluation Account.
- Live sim Account management (challenge/funded)
- High Exposure: Your exposure should not exceed 3% of the lower value between your initial account balance and your current balance at any given time, on any given trade idea.
- All-or-Nothing Approach: The "all or nothing" approach is strictly banned. Your trading performance will be evaluated by our risk team to ensure that you are not engaging in any gambling behavior. Rest assured, if you are a consistent and skilled trader, you have nothing to worry about 🙂
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Any breach of these rules will result in a breach of your account. The account termination after 30 days of inactivity aims to prevent vacant accounts in our system. However, if you anticipate a prolonged period of inactivity, you can inform our team in advance, and we'll ensure the security of your account. You can also update our team with the reason for inactivity before the 30-day mark, and this violation won't apply. Continuous copy trading or account management warnings can also lead to account termination.
We maintain complete transparency with no hidden rules. All relevant information can be found in our FAQ section. If you have any doubts or uncertainties about our funding program, feel free to contact our support team, and we'll be happy to assist you.
Only the account owner registered with our platform is allowed to trade any funded account associated with their name. The use of "Live Funded Account Management" in any form is strictly prohibited as it does not align with our principles as a firm. We are specifically interested in individual traders who can excel using their own trading systems, rather than relying on a third-party service to trade on their behalf on either stage.
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- [email protected]
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