Definition
Funded account
The account a trader manages after passing the evaluation, trading the firm's capital for a profit share.
'Funded' means the firm now honours your withdrawals per its payout schedule. In most retail prop firms the account itself remains simulated — the firm pays you from its revenue, not from live market fills.
Rules often differ from the evaluation (news windows, payout minimums, consistency), so re-read the funded-stage terms the day you pass.
Related terms
General industry definitions — individual firms define terms differently in their own ToS; the decoded rulebook for each firm is the source of truth. Educational, not financial advice.