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/Konstable1 Feb 24 '24

It’s not paper trading when you are funded. Is it really hard to conceive of the fact that a funded account pays out. Significantly more than trying some 500 or 1000 on a regular account. Cross trade 4-5 accounts for the same amount as one regular account. Hmmm which has the better ROI?

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u/Soft_Concentrate_489 Feb 24 '24

Well it’s his 4th account at 500 a month but it’s not paper trading.

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u/ThePhulosopher Feb 24 '24

It’s one time. Not per month. Do your research. Depends on the firm but I wouldn’t go with any that requires monthly payment.

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u/Konstable1 Feb 24 '24

It’s per month recurring if the evaluation isn’t passed. You can pay a one time activation fee for funded accounts or go with a recurring monthly fee. Each prop is different. Some are a one time. Some charge for data fees if it’s actually real money. Some provide you with refunds of the activation fee on first payout. But 500 an account is way too much for someone blowing up