What is a funded trader program?
Quick answer
A funded trader program lets traders qualify for a firm-provided account by passing an evaluation, then earn a share of the profits they make on it. The trader risks only the evaluation fee, while the firm sets the rules, the account size and the profit split.
Detailed answer
The phrase describes the offer from the trader's point of view: trade our account rather than your own. A typical program includes:
- An evaluation with a profit target and loss limits, sometimes in one step and sometimes in two.
- A funded account after passing, with similar loss limits but no profit target.
- A profit split, often expressed as the trader's percentage of profits.
- Payout terms: how often traders can withdraw and what checks apply.
- Scaling: some programs increase the account size after consistent results.
Running one needs software that creates evaluation and funded accounts with different rule sets. On PropExecutor these are separate account types, each pointing at its own versioned rule set, so a passed trader can receive a funded account with funded-stage rules.
What traders compare
When traders compare programmes they look at the price, the profit target, the loss limits, the profit split, payout frequency and speed, and how clearly the rules are explained. Competing on clarity and reliable payouts is often more effective than competing on the highest split.
PropExecutor team · Updated