---
title: "Funded account - Meaning & GFN's Figure - Get Funded Now"
description: "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…"
url: "https://getfundednow.com/glossary/funded-account"
language: "en"
last_modified: "2026-09-22"
publisher: "Get Funded Now (getfundednow.com)"
translations:
  es: "https://getfundednow.com/es/glossary/funded-account"
  pt-BR: "https://getfundednow.com/pt-br/glossary/funded-account"
  fr: "https://getfundednow.com/fr/glossary/funded-account"
  it: "https://getfundednow.com/it/glossary/funded-account"
  de: "https://getfundednow.com/de/glossary/funded-account"
disclosure: "All trading at Get Funded Now is simulated. 'Funded' means a simulated or virtual account; GFN is not a broker and does not hold client funds."
---

Evaluations and accounts

# 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.

Also called: Simulated funded account

GFN’s figure

A GFN funded account is a simulated account. It pays 70% of eligible virtual profits on Instant and 80% - or 90% with the add-on - on the 1 Step and 2 Step, every 14 days.

- **Account type**: Simulated - no customer capital at risk
- **Risk rules**: Daily loss limit and maximum drawdown still apply
- **Payout cycle**: Every 14 days
- **Maximum total allocation**: $400,000 across all your accounts

In detail

## Funded account, explained

The word "funded" describes the payout arrangement rather than a deposit. No customer capital is at stake and no customer order reaches a live market; what is real is the money paid out against qualifying simulated performance.

Funded accounts keep risk rules. The daily loss limit and maximum drawdown continue to apply after passing, and a funded account can be breached in exactly the way an evaluation can.

[The rule in full →](https://getfundednow.com/rules/payouts) · [Rules handbook](https://getfundednow.com/rules) · [More evaluations and accounts](https://getfundednow.com/glossary/category/evaluations)

Related

## Terms that come with it

Most rules only make sense next to the ones they interact with. These are the entries this one depends on.

- [Simulated account](https://getfundednow.com/glossary/simulated-account) - An account that reproduces live market conditions - prices, spreads, commission, slippage - without routing orders to a market. Every GFN evaluation and funded account is one, and no customer capital is ever exposed.
- [Virtual capital](https://getfundednow.com/glossary/virtual-capital) - The simulated balance an evaluation or funded account is denominated in. It sets the size of every percentage-based rule on the account, and it is not money held on the trader's behalf.
- [Instant funding](https://getfundednow.com/glossary/instant-funding) - A programme with no assessment phase. You buy a simulated funded account and trade it from day one, with no profit target to clear - paid for with tighter risk limits and a lower virtual profit share.
- [Payout](https://getfundednow.com/glossary/payout) - A transfer of the trader's share of eligible virtual profits from a simulated funded account. Payouts are requested on an eligibility date, processed after checks, and paid to the verified account holder.
- [Maximum allocation](https://getfundednow.com/glossary/maximum-allocation) - The ceiling on how much simulated capital one trader may hold across every account with a firm. It is the real limit on how large a trader can get, and it is often lower than the largest account on sale suggests.

Also governed by [/rules/payouts](https://getfundednow.com/rules/payouts)

[Payout cycle](https://getfundednow.com/glossary/payout-cycle) · [First payout](https://getfundednow.com/glossary/first-payout) · [Payout method](https://getfundednow.com/glossary/payout-method) · [Payout denial](https://getfundednow.com/glossary/payout-denial)

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.

[Start your challenge →](https://getfundednow.com/challenges) · [Read the rules](https://getfundednow.com/faq)

No subscriptions or hidden fees

Payouts every 14 days

$400,000 max total allocation

---

Source: https://getfundednow.com/glossary/funded-account
Facts about Get Funded Now in one file: https://getfundednow.com/llms.txt
