Evaluations and accounts
Activation fee
A charge some firms apply when a passed evaluation is converted into a funded account. It is separate from the evaluation fee, which is why it is so often missed when headline prices are compared.
GFN’s figure
GFN charges no activation fee. The one-time evaluation fee is the only outlay - there is no charge to convert a passed evaluation into a simulated funded account, and no monthly subscription.
- Activation fee
- None
- Monthly subscription
- None
- Charge to receive a funded account
- None
In detail
Activation fee,explained
Activation fees are most common on futures-style programmes, where they may be monthly rather than one-off. Where one applies, the true cost of reaching a funded account is the evaluation fee plus the activation charge plus any resets bought along the way.
Check whether it is charged once, per account, or per month, and whether it is deducted from the first payout rather than billed separately.
Related
Terms thatcome with it
Most rules only make sense next to the ones they interact with. These are the entries this one depends on.
Evaluation fee
The one-time price of an assessment. It is what the trader is genuinely risking - no customer capital is exposed on a simulated account - and it is the number to compare between firms per dollar of allocation.
Refundable fee
An evaluation fee a firm returns under stated conditions - usually with the first payout after a trader reaches the funded stage. Where it exists it is a term of the programme, not a consumer refund right.
Account reset
Paying to return a failed or drawn-down evaluation to its starting balance rather than buying a new account. It is a recurring revenue line at firms that sell it, and a real cost to track.
Funded account
The account a trader receives after passing an evaluation, or buys directly under an instant programme. At a simulated-funding firm it is a simulated account whose eligible gains can qualify for a real payout.
Ready when you are
Your capital stays yours.The risk is ours.
One evaluation fee, no time limits and up to 90% of simulated profits. Pick an account size and your credentials arrive by email within minutes.
No subscriptions or hidden fees
Payouts every 14 days
$400,000 max total allocation