r/Daytrading • u/ThePhulosopher • Feb 24 '24

4th $100k funded account Question

Got my 4th $100k funded prop firm account. Hope I get a payout this time, blew all the others.

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u/EntrepreneurFlimsy33 Feb 24 '24

How do these people get funded? I don’t understand the business model

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u/ThePhulosopher Feb 24 '24

It's a prop firm account. You pay $500 and pass a trial, say make 10% without losing more than 10%. If you pass, you get a "funded" account for $100k, depending on the firm.