Official Rules & Conditions
Review the official rules, objectives, and account conditions for Prestige Funded evaluation and funded accounts.
All accounts operate within a simulated trading environment.
Step 1
Available Account Sizes
Choose the account size that fits your trading style and risk appetite.
$5K
$5,000
$10K
$10,000
$25K
$25,000
$50K
$50,000
$100K
$100,000
Forex & Metals available on all account sizes.
Step 2
Evaluation Stage
Complete both phases to qualify for a fully funded account.
Phase 1
Profit Target
10%
Min Trading Days
3 Days
Leverage 1:50
Unlimited Period
5% Daily Loss
8% Max Drawdown
Optional 8% profit target available at checkout
Phase 2
Profit Target
5%
Min Trading Days
3 Days
Leverage 1:50
Unlimited Period
5% Daily Loss
8% Max Drawdown
Limits — Hard Breaches
Phase 1 limits
Breaching either limit at any point during the evaluation results in immediate account termination.
Max Daily Loss
The maximum loss allowed within a single trading day.
5%
Max Drawdown
The maximum overall loss allowed on the account.
8%
Phase 2 limits
Breaching either limit at any point during the evaluation results in immediate account termination.
Max Daily Loss
The maximum loss allowed within a single trading day.
5%
Max Drawdown
The maximum overall loss allowed on the account.
5%
All loss limits are equity-based.
Understanding Limits
How Loss Rules Work
Understanding these rules is critical to successfully completing your evaluation.
Daily Loss Limit
The daily loss limit resets each day at 5:00 PM EST and is calculated using the greater of the prior day’s balance or equity.
Open profits held at rollover may increase the following day’s allowable loss threshold. Violating the daily loss rule constitutes a hard breach.
Reset time: 5:00 PM EST daily
Calculated from: Greater of prior day’s balance or equity
Maximum Drawdown
Prestige Funded uses a static maximum drawdown model. The drawdown does not trail upward as the account grows — it remains fixed based on the original starting balance.
Example: A $100,000 account with an 8% maximum drawdown cannot fall below $92,000, regardless of profits made.
Rules
Trading Guidelines
Additional conditions that apply throughout the evaluation and funded stages.
Restricted
News Trading
Trading within 3 minutes before or after major news events is prohibited on evaluation accounts.
Allowed
Overnight & Weekend Holding
Holding trades overnight and over weekends is permitted on eligible instruments.
30 Days
Inactivity Rule
Accounts with no trading activity for 30 consecutive days may be considered inactive and subject to breach.
1:50
Leverage
1:50 leverage available on supported forex and metals products across all account sizes.
Forex & Metals
Trading Products
Prestige Funded currently supports forex pairs and metals at launch. Additional instruments may be added.
Unlimited
Trading Period
No maximum time limit applies to the evaluation process. Take the time you need to trade to your plan.
Funded Stage
Funded Account Rules
Follow these rules to maintain your funded account and keep withdrawing profits.
5%
Max Daily Loss
The maximum loss allowed in a single trading day on your funded account. Calculated the same way as the evaluation.
8%
Max Drawdown
Static drawdown based on the original account balance. Does not trail upward with profits.
LUP
Lock Upon Payout (LUP) — Enabled by Default
After a payout is processed, the maximum drawdown becomes locked at the original starting balance. This protects both the trader and Prestige Funded by preventing equity from falling below the initial account level post-payout. The Remove LUP add-on disables this restriction.
30d
Inactivity
Funded accounts must remain active. Accounts with no trading activity for 30 consecutive days may be subject to breach.
Extras
Available Add-Ons
Customise your evaluation or funded account with optional upgrades.
01
Reduced Profit Target
Lower the Phase 1 profit target from 10% down to 8%. A great option for traders who prefer a more conservative milestone with a smaller margin for error.
↳ Available during checkout
02
Remove Lock Upon Payout
Disable the Lock Upon Payout restriction for your funded account. Allows your drawdown floor to remain at the original level even after withdrawals are processed.
↳ Available for 25% of the challenge fee
03
Payout Protector
Eligible funded account profits may be protected in certain breach scenarios, subject to applicable terms and conditions at time of payout request.
↳ Available on funded accounts
What Happens Next
After Passing
Once you clear both evaluation phases, here’s what to expect.
1
Pass Evaluation
Complete Phase 1 & Phase 2 within the required rules
2
Complete KYC
Verify your identity with our secure onboarding process
3
Sign Agreement
Review and sign your funded trader agreement
4
Receive Funded Account
Get access to your simulated capital and begin trading
Funded accounts are typically issued within 24–48 business hours after successful verification.
All accounts provided by Prestige Funded operate within a simulated trading environment. Challenge fees are paid for evaluation services only and are not investments, deposits, or brokerage services. Prestige Funded does not provide investment advice or guarantee profits. Trading involves substantial risk and may not be suitable for all individuals. Past performance is not indicative of future results.
Start Your Challenge
Test your strategy with Prestige Funded’s simulated evaluation program.
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