How does a funded account work?#
A prop firm (proprietary trading firm) gives you its account after a short trial. You pay a one-time fee for an evaluation, a trial with a profit goal and a loss limit. The funded account is what you get for passing it.
- 1
Buy an evaluation
At Fullport that is a one-time $120, $195 or $300 for a $25,000, $50,000 or $125,000 simulated account. No subscription.
- 2
Reach the target
Hit the profit target while your equity (your account value, open trades included) stays above the floor. At Fullport the target is +6% and the floor sits 4% below the start.
- 3
Get funded
A new funded account is issued at the same size and under the same rules.
- 4
Request payouts
Withdraw profit on a schedule and keep your share. At Fullport you keep 80%, with a request every 5 days.
Worked through on the smallest Fullport account: the fee is $120, the target is $1,500 of realized profit, and the floor starts $1,000 below the $25,000 starting balance. There is no time limit and no daily loss limit.
Is a funded account real money?#
The balance is simulated; the prices and the payouts are real. No real tokens are bought or sold for your account, and your own wallet is never used to trade.
Every Fullport fill is computed from a fresh on-chain read of the coin's own bonding curve or pool. The venue's fee, a network fee, a 1% platform fee and your price impact are all charged, so a trade is priced the way it would be on-chain.
That sets it apart from paper trading, where the result is only a number on a screen. Payouts are sent in SOL straight to your wallet. The longer answer is in do prop firms use real money?
Fullport funded account terms#
| Term | Value |
|---|---|
| Size | Same as the evaluation: $25,000, $50,000 or $125,000 |
| Floor | One 4% floor, locked at breakeven once earned; no daily drawdown |
| Consistency rule | None on funded accounts |
| First payout request | 5 days after the account is issued |
| Payout cycle | Every 5 days after the previous payout |
| Request cap (before split) | $1,000 / $2,000 / $3,000 by size |
| Split | 80% to you, 20% to Fullport |
| Payouts per account | 3, then the account completes |
| Identity | No KYC; payouts go to your Solana wallet |
Across its three payouts, one funded account can pay a trader up to $2,400, $4,800 or $7,200 by size, after the request caps and the 80/20 split. How much do funded traders make? works through the math.
You can hold up to 3 active accounts per person, in any mix of evaluation and funded. Every rule is on the rules page; the payout steps are under payout cycle and profit split.
How to choose a funded account#
A good firm publishes everything you need to judge it before you pay. Four things to look for:
- All the rules in numbers, before checkout, including what happens to the floor after a payout.
- Fills priced from real markets, with costs charged, not a free fill at the chart price.
- Clear payout caps and conditions, not just a split percentage.
- A payout schedule you can plan around: at Fullport, every 5 days in SOL.
Fullport is built to be an easy first step: live prices, one step, no daily drawdown, no wallet needed to start, no KYC, and it runs in your phone's browser. Read how to trade memecoins, then the rules and pricing.
Quick answers
- Is a funded account real money?
- The trading balance is simulated and priced from real on-chain markets, so your own wallet is never used to trade. The payouts are real: Fullport sends 80% of each approved payout request to your wallet in SOL.
- How do you get a funded trading account?
- Pay a one-time fee for a prop firm evaluation and reach the profit target while equity stays above the floor. At Fullport that means +6% realized profit, with a floor 4% below the start, one step and no time limit.
- Is a funded account good for beginners?
- It can be. The cost is a known one-time fee, prices are live, and the rules encourage sensible position sizes. At Fullport you need no wallet to start and can trade from your phone, and a beginner guide covers the basics first.
- Is a funded account free?
- Not at legitimate evaluation-model firms. Fullport charges a one-time $120, $195 or $300 by account size. Offers of a free funded account usually move the cost somewhere else, such as a later fee or a wallet connection.
- What happens to a funded account after the third payout?
- It completes. Each Fullport funded account pays out up to three times, up to $3,000, $6,000 or $9,000 in requests by size before the split. To keep trading, you start a new evaluation.