Guides · How a programme is built
Primer7 minHow a programme is built
What ‘funded’ is allowed to mean
A passed evaluation is a rule outcome. It is not proof the firm allocated live capital in your name.
The industry uses funded for at least three different arrangements: a simulated account that can request a reward, a simulated account the firm says is copied or hedged against live flow, and an account the firm says is live. The word on the homepage does not tell you which one you bought.
Ask for the sentence, not the adjective
The clause has to say this
- Whether the orders after a pass are simulated or placed at a named broker.
- What a reward is a percentage of.
- Whether the firm may refuse, delay, or review a request, and on what text.
- What happens to the loss limit after a reward is paid.
If those sentences are missing, PropChallenger leaves the fields as not found. A review site’s ‘90% split’ is not a substitute for the firm’s page, and a screenshot of someone else’s transfer is not a term in your contract.