Getting started
Do I need to risk my own money?
No. Beyond the one-time evaluation fee, you never put personal capital at risk. The downside sits with us.
What happens if I fail the evaluation?
You can re-take the challenge. And because mentorship and the Prime Traders Discord come free the moment you buy in, you've got working pros and a community helping you fix what went wrong before your next attempt.
When do I get the free mentorship and Discord access?
Right away. The moment you buy any challenge, you're in the Prime Traders Discord with free mentorship from working prop traders — it's there to help you pass your evaluation and get funded, not something you unlock later. Access stays yours whether you pass, fail, or re-take.
What makes Prime different from FTMO or FundedNext?
Capital is a commodity now. Our edge is what surrounds it — the Prime Traders Discord with live market analysis and weekly trading sessions ($997/year value, free with every challenge), free pro mentorship, and real psychology coaching.
Rules & how it works
Can I trade news?
News trading is forbidden only on Funded Accounts. You may not open or execute trades within 5 minutes before or 5 minutes after major economic news releases, central bank announcements, geopolitical events, or other high-impact events that can cause unusual market volatility.
Is overnight and weekend holding allowed?
Overnight holding is allowed. Weekend holding is not allowed.
Can I hedge positions or trade across multiple accounts?
No. Any form of manipulative or coordinated trading is prohibited. This includes trading between related accounts, account hedging, account arbitrage, copying trades across multiple accounts, or using multiple accounts to circumvent the rules.
Can someone else trade on my account?
No. Your account is for your personal use only. You must trade the account yourself and cannot allow anyone else to access, manage, or trade on your behalf.
You are also not allowed to manage other users’ accounts, provide trading signals, or offer or use copy-trading services within the Program.
What is the maximum allocation of account size per person?
There is no limit on the number of challenge accounts a trader can purchase. For funded accounts, the maximum allocation per trader is $400,000.
Can I use automated tools, bots, algorithms, or third-party trading systems in the Program?
No. The use of any software, scripts, algorithms, AI tools, high-frequency techniques, automated trading systems, mass-order strategies, or third-party or off-the-shelf solutions is strictly prohibited if they are used to manipulate the system, bypass the rules, or gain an unfair advantage. This includes strategies marketed as designed to pass challenges or assessment accounts.
Can I use delayed quotes or slow data feeds for trading?
The use of pricing errors, delayed price feeds, system malfunctions, or non-public or insider information is strictly prohibited, whether done knowingly or unknowingly.
What is the Instant Funding Light consistency rule?
25% Consistency Rule: No single trading day may account for more than 25% of your total profits. This rule is checked when requesting a payout and is designed to encourage consistent trading performance.
Formula: Consistency % = (Highest Single Day Profit ÷ Total Profit) × 100.
Example: If your best trading day generated $6,000 and your total account profit is $20,000, your consistency score is 30%. Because this exceeds 25%, you cannot request a payout yet. You need another $4,000 in profit, bringing the total to $24,000, so the $6,000 best day represents exactly 25% of total profits.
How does the Max Overall Loss rule work?
Max Overall Loss is the maximum total drawdown allowed on your account. If your equity drops to or below the threshold at any point, including on open positions, your account will be failed.
Challenge Accounts
The threshold is fixed from the start and never changes, regardless of any profits made. It is calculated once from your initial balance. For example, on a $10,000 account with a 10% Max Loss, your limit is always $9,000.
Instant Funding & Instant Funding Light Accounts
The loss limit is trailing — it moves up as your equity reaches new highs (the high-water mark). For example, on a $10,000 account with a 5% Max Loss ($500), if your equity reaches $10,300, the Max Loss threshold moves to $9,800. If your equity later drops to $9,800 or below, including losses on open trades, your account will be failed.
What is the 20% Consistency Rule?
It applies to Instant Funding accounts at payout. No single trading day may account for more than 20% of your total profits. If your best day is more than 20% of total profit, you'll need to keep trading until it isn't.
Formula: Consistency % = (Highest Single Day Profit ÷ Total Profit) × 100. Example: best day $5,000 on $20,000 total profit = 25% — you'd need to earn another $5,000 (bringing the total to $25,000) before requesting a payout, so that $5,000 represents exactly 20%.
When can I request a payout?
It depends on your account type: Two-Step — every 5 days; One-Step — every 5 days; Instant Funding — every 14 days.
Can I use a trade copier?
You can use a trade copier for your own trades. However, accounts are checked before payouts, and copying other traders’ strategies may result in your payout being denied.
When is KYC verification required?
At withdrawal only. No KYC is required at registration or when reaching the funded phase. You'll only complete identity verification when requesting your first payout. A valid passport or national ID card is accepted globally.