What is the difference between Phase 1 and Funded Account?

Modified on Sun, 22 Jun at 2:56 PM

Here’s a detailed FAQ to explain the difference between Phase 1 and the Funded Account clearly:


When you purchase a challenge account at Funds.Pro (whether 1-Step or 2-Step), you need to go through certain evaluation phases before you get access to real capital. Here’s the breakdown:


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PHASE 1: Evaluation / Challenge Stage

  • This is the first stage of your journey.

  • You will trade on a simulated/demo account, but the performance is tracked in real time.

  • Your goal is to hit the profit target (e.g., 10%) without breaching any rules like daily loss or overall loss.

  • This phase is designed to test your trading discipline, consistency, and risk management.

  • There is no real money or real payout in this phase.


 

FUNDED ACCOUNT: Real Payout Stage

  • Once you successfully pass all challenge phases (Phase 1 and Phase 2 if it’s a 2-Step account), you are upgraded to a funded account.

  • This account is linked to real capital behind the scenes, and your performance here earns you real profits.

  • You will receive a profit split based on your plan — for example, 80% of all profits go to you.

  • You can now request withdrawals and earn money from your trading skills.


? Summary Table:

Feature

Phase 1 (Challenge)

Funded Account (Live Stage)

Account Type

Demo / Simulated

Funded with real capital

Profit Withdrawals

❌ Not allowed

✅ Allowed

Payout Cycle

Not applicable

as per your plan

Goal

Pass the target without breach

Earn profits and manage risk

Rules Applied

Yes

Yes (daily loss, overall loss)

Add-ons (weekend, 7-day payout)

✅ Can be added

✅ Can be applied here too


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