What is the difference between Challenge accounts, Instant Prime, Prime accounts, and Live accounts with YRM Prop?
Each account type at YRM Prop represents a different stage in our trader evaluation and funding process:
Account Type | Purpose | Key Features | Trading Environment |
Challenge Account | Evaluation phase to demonstrate trading skills | • Monthly subscription fee • Must meet profit target • Minimum 2 trading days • End-of-day drawdown assessment • Must follow all trading rules | Simulated |
Instant Prime | Direct access to funded trading without evaluation | • One-time fee (no monthly payments) • No profit targets to reach • Minimum 10 trading days before payout • 20% consistency rule applies • Up to 3 accounts per trader | Simulated |
Prime Account | Intermediate funded phase after passing challenge | • 90/10 profit split (you keep 90%) • 35% consistency rule applies • Payouts processed within 24 hours • Minimum 10 trading days before payout • Up to 3 accounts per trader | Simulated |
Live Account | Advanced funded phase for proven traders | • Same 90/10 profit split • Opportunity for account scaling • Selected by management based on consistent performance • Limited to 1 account per trader | Live market |
The progression from Challenge to Prime to Live accounts allows us to gradually evaluate traders while providing increasing opportunities. Challenge accounts test basic profitability, Instant Prime offers immediate access for experienced traders, Prime accounts assess consistency over time, and Live accounts represent our highest level of confidence in a trader's abilities.
While both Prime and Live accounts offer the same profit-sharing structure, Live accounts trade with real capital in the markets rather than in a simulated environment. Live accounts are offered only to traders who have demonstrated exceptional consistency and risk management over an extended period.
Traders can hold multiple account types simultaneously (up to 3 combined Challenge, Instant Prime, or Prime accounts) but are limited to a single Live account once they reach that level.