What Are Funded Accounts?

Funded accounts are trading accounts provided by prop firms where you trade their capital in exchange for a share of the profits. The Funded Accounts module tracks these accounts and, most importantly, the payouts they generate.

The Purpose of This Module

Funded Accounts is your revenue tracker. It answers questions like:

  • How many funded accounts do I have?

  • How much have I earned from payouts?

  • Which accounts are performing well?

  • What's my average payout size?

Think of this as the place where your prop trading business actually makes money.

What Funded Accounts Track

Funded accounts focus on status, revenue, and firm exposure.

Status

Where each account stands:

  • Active (currently trading)

  • Breached (lost due to rule violation)

  • Cancelled (closed by firm or you)

Revenue

The money you earn:

  • Payout requests

  • Approved payouts

  • Payout history over time

Firm Exposure

Your relationship with each firm:

  • Account size

  • Platform

  • How long you've had the account

What Funded Accounts Don't Track

Understanding what's not here is just as important:

Account Balance You won't see your current account balance. Funded accounts don't track equity because you don't own the capital—the prop firm does.

Trading P&L Day-to-day profit and loss isn't tracked here. The platform cares about when you request and receive payouts, not your floating balance.

Real Capital A "100K funded account" doesn't mean you have $100,000. It's the size of the account you're trading, but the only real money is what you withdraw as payouts.

This distinction matters for your mindset: funded accounts are about extracting profit through payouts, not about building equity.

Funded Accounts vs. Private Accounts

This is a common point of confusion:

Funded Accounts

Private Accounts

Prop firm capital

Your own capital

Track payouts

Track balance & P&L

No equity concept

Real equity you own

Can be lost (breach)

You control it

Revenue center

Asset + Performance

If you're trading your own money, use Private Accounts. If you're trading a prop firm's money, use Funded Accounts.

How Funded Accounts Fit Into Your Business

In the prop trading business flow:

Example
Challenges (Cost) → Funded Accounts (Revenue) → Profit
                         ↓
                    Payouts = Real money you keep

Challenges are your investment. Funded Accounts are where that investment pays off. The payouts from funded accounts are your actual business revenue.

When your Dashboard shows "Money In," a significant portion typically comes from approved payouts recorded here.

Types of Funded Accounts

Evaluation-Based

You passed a challenge and received this account as a result. Most common type.

Instant Funded

You paid for immediate access without an evaluation phase. Higher cost, immediate trading.

The platform tracks both types, though their origin differs.

Why Funded Accounts Get Lost

Funded accounts can be lost for several reasons:

Breach You violated a trading rule—typically maximum drawdown, daily loss limit, or trading rule (news trading, weekend holding, etc.).

Firm Cancellation The prop firm closes the account for reasons outside your control—firm closure, policy change, etc.

Inactivity Some firms cancel accounts that sit inactive too long.

When an account is lost, update its status to reflect what happened. This keeps your records accurate and helps you track account attrition.

The Payout Lifecycle

Payouts typically follow this pattern:

  1. Trading — You trade the account and build profit

  2. Request — You request a payout from the prop firm

  3. Processing — The firm reviews and processes the request

  4. Approval — The payout is approved

  5. Payment — Money arrives in your bank account

The platform tracks steps 2-4. You record a payout when you request it, update its status when approved, and it counts as revenue once approved.

Why Track Funded Accounts Here?

Even though prop firms have their own dashboards:

  1. Unified view — See all accounts across all firms in one place

  2. Revenue tracking — Know exactly how much you've earned total

  3. Historical record — Keep data even after accounts are lost

  4. Business metrics — Calculate payout frequency, average size, total revenue

  5. Dashboard integration — Payouts feed into your overall business health metrics

This module turns scattered prop firm data into a clear picture of your revenue stream.

Next: Adding a New Funded Account →