Definition
Funded trader program
Umbrella term for the evaluation-to-funded pipeline retail prop firms sell.
The phrase covers the whole product: challenge, verification, funded account, scaling. When comparing 'programs', the differentiators are drawdown mechanics, conduct rules, payout terms — rarely the marketing numbers.
This industry's real skill is rule literacy: the same strategy passes at one firm and breaches at another purely on rule fit.
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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.