---
title: "Simulated account - Meaning & GFN's Figure - Get Funded Now"
description: "An account that reproduces live market conditions - prices, spreads, commission, slippage - without routing orders to a market."
url: "https://getfundednow.com/glossary/simulated-account"
language: "en"
last_modified: "2026-09-22"
publisher: "Get Funded Now (getfundednow.com)"
translations:
  es: "https://getfundednow.com/es/glossary/simulated-account"
  pt-BR: "https://getfundednow.com/pt-br/glossary/simulated-account"
  fr: "https://getfundednow.com/fr/glossary/simulated-account"
  it: "https://getfundednow.com/it/glossary/simulated-account"
  de: "https://getfundednow.com/de/glossary/simulated-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

# 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.

GFN’s figure

All GFN evaluation and funded accounts are simulated or virtual accounts. No customer trades are executed in live financial markets, and "funded" refers to simulated or virtual funding.

- **Customer capital at risk**: None beyond the one-time fee
- **Market conditions modelled**: Spreads, commission, slippage, gaps
- **Payouts**: Real money against qualifying simulated performance

In detail

## Simulated account, explained

Simulated does not mean forgiving. A simulated environment still models changing spreads, execution differences and gapping markets, and the risk limits are enforced against the results exactly as if the trades had been filled externally.

What simulation changes is where the risk sits. The firm absorbs the trading outcome; the trader's exposure is the evaluation fee they paid, and the payout is a share of the gains their simulated performance produced.

[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.

- [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.
- [Demo account](https://getfundednow.com/glossary/demo-account) - A practice account with no assessment, no rules and no payout. It exists to learn an interface or test a strategy, and nothing that happens on it qualifies you for anything.
- [Live account](https://getfundednow.com/glossary/live-account) - A brokerage account holding a trader's own money, where orders reach a market and losses are the trader's own. It is the thing a simulated prop account is deliberately not.
- [Simulated funding](https://getfundednow.com/glossary/simulated-funding) - The model where a firm assesses and pays traders on simulated accounts rather than routing their orders to a market. Trading is simulated; payouts against qualifying performance are real money.
- [Funded account](https://getfundednow.com/glossary/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.

[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/simulated-account
Facts about Get Funded Now in one file: https://getfundednow.com/llms.txt