When traders first hear about prop firms “pay a fee, trade $100k, keep the profits” it can sound too good to be true. But for disciplined traders, funded trading can become a second income stream. The key is understanding how the process really works: the rules, the risk limits, and the consistency that separates professionals from hopefuls.
At Coinfied, we’re here to make that journey smoother. Whether you’re just starting your first evaluation or already managing a funded account, Coinfied connects you with the best prop firms, helps you stay compliant, and tracks your performance so you can focus on what matters trading smart.
Let’s break it down step-by-step.
What “Funded” Actually Means (and What It Doesn’t)
A funded account means you’re trading a firm’s capital not your own under clearly defined rules. If you hit profit targets without breaking those rules, you share the profits. Simple in theory, but success depends on discipline.
It doesn’t mean:
- You’re an employee of the firm.
- You can take unlimited risks.
- You can ignore the rulebook when “it feels right.”
Think of it as using a professional kitchen: the tools are there, but cleanliness and precision are non-negotiable.
How Coinfied Helps:
Coinfied partners with multiple top-tier prop firms and lays out each firm’s structure, fees, drawdowns, and payout terms side-by-side so you can pick the one that truly matches your trading style.
The Funded Account Lifecycle
- Challenge (Phase 1): Hit a profit target without breaking daily or overall drawdown limits.
- Verification (Phase 2): Prove your consistency with a smaller target under similar conditions.
- Funded Account: You now trade real capital.
- Payout: Withdraw profits based on your performance and schedule.
- Scaling: Grow your account as your consistency improves.
Coinfied Advantage:
With our Prop Tracker dashboard, you can visualize your progress, log trades, and get alerts if you’re nearing a rule violation before it costs you your account.
Choosing the Right Prop Firm
Every trader is different. Some want fast-track funding; others prefer more flexible rules.
- Two-Step Evaluations: Best for steady day/swing traders.
- One-Step Evaluations: Ideal for consistent, confident traders.
- Instant Funding: Great for low-volatility traders who value time.
- Futures vs. Forex/CFD Models: Each has unique risk parameters.
Coinfied simplifies the choice with filters for drawdown type, profit target, payout speed, and funding cost saving you hours of research.
Understanding the Rules Like a Risk Manager
Success in funded trading isn’t about prediction it’s about compliance.
Rules you’ll encounter often include:
- Max daily loss
- Overall drawdown (fixed or trailing)
- Profit target
- Minimum trading days
- Consistency and size caps
- News, weekend, or overnight restrictions
Coinfied’s Rule Monitor automatically tracks your trading stats and alerts you if you’re close to a violation like a built-in risk assistant.
How to Build Your Passing Playbook
Passing an evaluation is 80% preparation, 20% execution.
Before you start:
- Set realistic risk per trade (e.g., 0.5%–1%)
- Define a daily stop limit below the firm’s cap
- Trade only your “A” setups
- Create a recovery plan for drawdowns
Coinfied tools let you backtest these setups, record live trades, and analyze performance trends so your plan evolves with data not guesswork.
The Step-by-Step Journey to Your First Payout
- Onboarding: Learn the rules and rehearse them in a simulator.
- Phase 1: Focus on consistency, not speed.
- Phase 2: Repeat what worked; no changes needed.
- Funded Account: Trade live under real conditions.
- Payout: Withdraw your profit share once eligible.
- Scaling: Grow gradually, stay disciplined.
Coinfied simplifies this process by helping you track each milestone, understand payout schedules, and manage multiple funded accounts in one clean interface.
Risk Management That Actually Works
Winning traders treat risk as rent paid daily, not occasionally.
Coinfied encourages:
- Personal loss limits lower than the firm’s cap
- Automatic position sizing tools
- Drawdown alerts and risk dashboards
- Journaling features to track discipline and emotional control
With these, your evaluation stops being a gamble it becomes a repeatable process.
From Evaluation to Earnings Made Easier with Coinfied
At its core, funded trading is simple:
Prove your consistency → Respect the rules → Get paid.
But behind that simplicity lies structure, planning, and self-awareness. That’s where Coinfied steps in turning complexity into clarity.
- Compare and choose the right prop firm
- Monitor risk and rule compliance automatically
- Track progress toward payouts
- Manage multiple funded accounts in one dashboard
- Access trader education and funding opportunities in one place
Final Thoughts
Funded trading rewards consistency, not charisma. The traders who succeed:
- Follow a structured plan
- Respect drawdowns and risk
- Keep emotions out of decisions
At Coinfied, we believe every trader deserves the tools and data to trade like a professional. Whether you’re working toward your first evaluation or scaling to larger accounts, we help you stay funded, focused, and profitable.
Coinfied Your Partner From Challenge to Payout.
