A Simulated Funded Account is a type of trading account designed to replicate the conditions of a live trading environment but without using actual capital.
When you’re a newly funded trader, transitioning to live trading can be challenging, and a Simulated Funded Account allows you to gain experience and build confidence in a real-time setting.
This account lets you continue trading with the same level of intensity as a live account while giving you the opportunity to demonstrate consistency in your trading performance.
How Does it Work?
In a Simulated Funded Account, your trades mirror what would happen in the live markets, but your profits and losses are not real. This setup gives you the chance to practice your strategies and manage risks as if you were trading with real money.
The profits you generate in the Simulated Funded Account can still lead to actual payouts, allowing you to earn while you hone your skills.
What’s the Purpose?
The primary goal of the Simulated Funded Account is to provide a buffer period where you can adapt to the psychological and strategic demands of live trading.
It helps bridge the gap between being a successful evaluation trader and becoming a consistent performer in live markets.
Monitoring and Evaluation
Throughout your time in the Simulated Funded Account, our risk managers will closely monitor your trading activity. They assess your ability to follow trading rules, manage risk, and maintain consistency.
Once you demonstrate that you can trade successfully within the parameters of the Simulated Funded Account, you may be transitioned to a full live trading account where you’ll trade with real capital.