Skip to main content

Prime Funded – FAQs & Common Scenarios

Clear Answers for Instant Funded Traders

Updated over a week ago

Overview

This article answers the most common questions about the Prime Funded Plan, including how instant funding works, how payouts are calculated, what happens when risk limits are reached, and how resets function. Prime Funded accounts are issued fully funded from day one, with no evaluation or passing requirements.

If there is any conflict between this article and other Prime Funded documentation, the Rules, Risk Parameters & Consistency article takes precedence.


Account Structure & Funding

Is Prime Funded an evaluation or a challenge?

No.
Prime Funded is an instant funded account. There is no evaluation, no passing phase, and no activation after purchase. Funded rules apply immediately.


When can I start trading?

Immediately.
Once your Prime Funded account is issued, you may begin trading right away under funded-phase rules.


Is there a profit target I need to reach?

No.
Prime Funded accounts do not have profit targets to pass. Payout eligibility is based on trading days, risk compliance, and consistency rules.


Payouts & Profit Split

What profit split does Prime Funded use?

Prime Funded accounts operate under a 90% profit split on approved payouts.


How many trading days are required before requesting a payout?

Prime Funded accounts must complete 10 trading days before submitting a payout request.

A trading day counts when at least one trade is placed between 6:00 PM EST and 5:00 PM EST the following day.


Is there a consistency rule?

Yes.
A 20% consistency rule applies from day one because Prime Funded accounts are funded immediately.

The rule:

  • Applies only to payout calculations

  • Does not limit how much profit you can make

  • Limits how much of a payout can come from a single trading day

Excess profits remain in the account and may be used for future payouts.


Are large winning days allowed?

Yes.
Large winning days are allowed. Restrictions apply only when calculating payouts under the consistency rule.


Risk Rules & Account Limits

Is there a Daily Loss Limit?

Yes.
A Daily Loss Limit applies to all Prime Funded accounts and resets each trading day. If the limit is reached, trading is restricted for the remainder of the day and resumes the next session.


How does the trailing drawdown work?

Prime Funded accounts use an End-of-Day trailing drawdown:

  • Updated only after the trading session closes

  • Trails upward as new end-of-day equity highs are reached

  • Never moves downward

  • Breached only if the account closes below the drawdown level


What happens if I hit the Daily Loss Limit?

If the Daily Loss Limit is reached:

  • Trading is restricted for the remainder of the day

  • The account remains active

  • Trading resumes the next trading session


What happens if I breach the trailing drawdown?

Breaching the trailing drawdown results in account failure. The account may be reset for a fee if the trader wishes to continue.


Resets & Account Management

Can I reset my Prime Funded account?

Yes.
Prime Funded accounts may be reset for a fee.

A funded reset:

  • Restores the account to its original starting balance

  • Resets drawdown parameters

  • Clears accumulated profits

  • Does not affect previous payouts


Do resets refund my original purchase?

No.
Reset fees do not refund or credit the original purchase price.


Payout Reviews & Denials

What happens if my payout is denied?

A payout denial does not close your account.

If a payout is denied:

  • You may continue trading

  • You may redistribute profits across additional trading days

  • You may submit another payout request once conditions are met


Why might a payout be denied?

Common reasons include:

  • Consistency requirements not met

  • Insufficient trading days

  • Profits generated using prohibited trading behavior

  • Risk rule violations


Trading Behavior & Compliance

What trading behavior is not allowed?

The following may result in profit exclusion, payout denial, or account termination:

  • Intentional microscalping

  • System abuse or manipulation

  • Exceeding position size limits

  • Circumventing risk controls


Final Notes

  • Prime Funded is not an evaluation

  • All rules apply immediately

  • There is no profit cap

  • Consistency affects payouts only

  • Funded resets are available

  • No monthly fees apply

Did this answer your question?