Frequently Asked Questions
Getting Started
About Us
Who Are Primefunder?
Primefunder is a prop firm offering traders the chance to manage up to $200,000 in real funds. No time limits or hindering rules!
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Getting Started
Do You Offer a Free Trial of the Challenge?
Try out our funded account challenge by following the steps in this article to apply for a free trial.
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About Us
Why Choose Primefunder?
We offer real capital and no time limits making our funded process one of the best on the market.
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About Us
Who Can Join Primefunder?
We are looking for traders of all skill levels from all around the world. Must be 18 years or over.
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Getting Started
How Do I Get Started?
Simply fill out our sign up form. Once you have completed the signup you will have instant access to your account.
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Getting Started
How Do I Purchase a Challenge?
Now that you have full access to your account simply click "buy new challenge" or "new challenge" button to get started.
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Getting Started
How Do I Use The Dashboard?
Our all-in-one superior technology solution is built with everything you need to be successful.
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About Us
Do You Have an Affiliate Scheme?
Join us in scouting talented traders and earn up to 10% commission when clients purchase challenges.
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Getting Started
How Quick Can I Start?
After sign up you will get instant access to your dashboard were you can buy your first challenge.
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About Us
What Features & Platforms Can I Trade With?
We currently support Tradelocker across all devices and provide all the analytical & trading tools for your success.
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The Challenge
How it Works
How Do I Become a Funded Trader?
We've simplified the process. To become a Funded Trader, you will have to pass a 2-step evaluation process.
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How it Works
How Does the Daily Drawdown Work?
This means that a trader’s equity should never drop below 5% from their starting balance. Resets at 5pm EST every day.
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How it Works
How Does the Overall Drawdown Work?
The overall drawdown means your challenge account must not drop below 10% to your initial balance.
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How it Works
What are the Min & Max Trading Days?
To pass our challenge we have set a minimum number of 5 trading days, but no maximum limit.
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How it Works
What Are the Challenge Profit Targets?
To advance through the phases of the challenge you must achieve profit targets of 10% and 8%.
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How it Works
I Have Passed Phase 2! What Next?
We will assess your account based on certain criteria and if all requirements are fulfilled your will receive your Funded Account.
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About the Challenge
Do I Trade Live or Demo?
During phases 1 and 2 of your Funded Challenge you will trade demo. Once funded you will trade on a live account.
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About the Challenge
What is the Consistency Rule?
The consistency rule measures your ability to make consistent profits while managing risk and only applies to the Verification phase.
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About the Challenge
Can I Reset My Challenge?
Yes! You can purchase an account reset for 20% less at any time during your Phase 1 (Evaluation) of your challenge.
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The Funded Account
How it Works
Do I Trade With Real Funds?
We are the only prop firm on the market that provides Funded Traders with a Live Account with real funds.
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How it Works
How Does the Funded Account Work?
As a Funded Trader you are required to meet Daily & Overall drawdown requirements to stay funded.
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Payouts
How Can I Withdraw Profits?
Your first payout will be available after 7 days and all other withdrawals can be the submitted on a weekly basis.
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Scaling Plan
Can I Scale My Account?
If you meet the conditions of our scaling plan we will increase your account balance by 50% every 3 month up to $5 million.
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Identification Screening
Am I Required to Have a Verified Account?
To receive your Funded Account and earn 80/20 profit split you are required to undergo an Identity Screening.
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General Queries
Orders
What's The Maximum Number of Accounts Allowed?
There is no limit on purchases but the max. total initial capital on all your accounts cannot exceed $400k.
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Orders
What Payment Methods Are Available?
We accept payment via cryptocurrency. We will be adding Credit Card payments very soon.
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Trading
What Leverage is Available?
We offer up to 1:200 leverage across Forex, Cryptocurrencies, Indices, Commodities, and Energies.
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Refund Policy
Do You Have a Refund Policy?
Yes, you can ask for a refund as long as you have not activated your account or placed any trades.
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Funded Account Challenge Password Reset
How Can I Reset My Funded Account Challenge Trading Password
You can reset your challenge trading account password by logging into the Funded Account Dashboard.
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Affiliates
PrimeFunder Affiliates
Do You Have An Affiliate Scheme?
PrimeFunder offers a lucritive Affiliate scheme for traders looking to maximise their capital.
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