Trade up to $400,000
Keep 95% of the payout.
Prove you can trade in our simulated environment— we'll pay you up to 95% of the simulated profits in real USDT. The most generous prop firm in the industry: lower targets, higher splits, 24-hour payouts, no nonsense rules.
- $5KApex Two-Step · 90 % splitTarget 7% / 5% · DD 5% / 12%Fee$39
- $25KApex Two-Step · 90 % splitTarget 7% / 5% · DD 5% / 12%Fee$159
- $100KApex Two-Step · 90 % splitTarget 7% / 5% · DD 5% / 12%Fee$469
- $400KApex Two-Step · 90 % splitTarget 7% / 5% · DD 5% / 12%Fee$1,499
Built so traders actually win.
We benchmarked every prop firm in the market, then loosened the rules that were hurting good traders. The result is a program where the math finally works in your favor.
Up to 95% payout split
Industry-leading. Other firms cap at 80–90%. Your share of simulated profits is paid in real USDT, and the split grows automatically as you scale.
24-hour payouts
Request a payout, get paid the next business day. No 30-day waiting like FTMO or 5-day like Eightcap.
7% / 5% targets
Lower than Eightcap (8%/5%) and FTMO (10%/5%). Pass the evaluation in your first 5–10 trades.
12% max drawdown
Two extra points of breathing room versus the 10% cap most firms enforce. Trade with confidence.
Zero minimum days
Pass in a single day if you have an edge. We don't gatekeep you behind arbitrary trading-day counts.
News trading allowed
Trade NFP, FOMC, CPI — anything. We don't ban news the way most firms do.
Hold over weekend
Swing traders welcome. Keep positions open Friday through Monday without any extra rules.
Scaling up to $2M
Hit 10% twice and we double your account. Compound up to two million in buying power.
Refundable fee
Your challenge fee is fully refunded with your first payout. The challenge effectively becomes free.
Three paths to a funded account.
Same rules across every tier. Pick the size, pass the eval — start earning a share of real profits.
Classic evaluation. Highest profit split.
- Phase 1 target7%
- Phase 2 target5%
- Max daily drawdown5%
- Max total drawdown12%
- Payout split90%
- Min. trading days0 — pass anytime
- Leverage1:100
- Phase 1 target7%
- Phase 2 target5%
- Max daily drawdown5%
- Max total drawdown12%
- Payout split90%
- Min. trading days0 — pass anytime
- Leverage1:100
- Phase 1 target7%
- Phase 2 target5%
- Max daily drawdown5%
- Max total drawdown12%
- Payout split90%
- Min. trading days0 — pass anytime
- Leverage1:100
- Phase 1 target7%
- Phase 2 target5%
- Max daily drawdown5%
- Max total drawdown12%
- Payout split90%
- Min. trading days0 — pass anytime
- Leverage1:100
- Phase 1 target7%
- Phase 2 target5%
- Max daily drawdown5%
- Max total drawdown12%
- Payout split92%
- Min. trading days0 — pass anytime
- Leverage1:100
- Phase 1 target7%
- Phase 2 target5%
- Max daily drawdown5%
- Max total drawdown12%
- Payout split92%
- Min. trading days0 — pass anytime
- Leverage1:100
- Phase 1 target7%
- Phase 2 target5%
- Max daily drawdown5%
- Max total drawdown12%
- Payout split95%
- Min. trading days0 — pass anytime
- Leverage1:100
Fees are one-time and refundable on your first payout. All plans run on a simulated MT5 environment with live institutional price feeds — pass the objectives and we pay up to 95 % of the simulated profits in real USDT.
We did the math.
XCMarkets wins on every line.
Side-by-side comparison of XCMarkets Funding versus Eightcap Challenges and FTMO — the two most popular prop firms.
Last reviewed May 2026. Eightcap & FTMO product details sourced from their public pricing pages. All three firms operate simulated-trading evaluations with real-cash payouts.
Hit 10% twice. We double your account.
Pass two scaling milestones — 10% gain over any two consecutive 4-month windows — and your buying power doubles. Up to two million.
From sign-up to paid. Four steps.
Pick your challenge
Choose an account size and challenge type. Pay a one-time fee — fully refunded with your first payout.
Trade & pass
Hit the profit target without breaching the daily or overall drawdown. Take as long as you want — no time limits, no minimum trading days.
Get funded
We assign your funded simulated account within 24 hours of passing — same rules, same conditions you already mastered, now earning real payouts.
Get paid
Request a payout any time. Up to 95% of your simulated profits, paid in real USDT in under 24 hours.
Simulated trading. Real payouts.
Every funded trader at XCMarkets — and at every other prop firm in the industry — operates in a simulated environment. Here's exactly what that means and why it's actually better for you.
You trade in a simulated environment
Your MT5 account streams live institutional price feeds (the same data feed our real-money clients use) but executes orders against XCMarkets' internal liquidity, not the public market. Spreads, slippage, swaps and execution speed mirror live trading 1:1 — so the skill you prove is the same skill that wins real money.
Payouts are real USDT
When you hit your profit target and request a payout, XCMarkets sends you up to 95% of your simulated gains in USDT (TRC20, ERC20, BEP20 or Solana). The 'simulated' part is the trading environment; the cash that lands in your wallet is real and irrevocable.
Why every prop firm works this way
Trading client capital directly requires a securities/broker-dealer license worth millions in regulatory capital. By keeping the evaluation simulated, XCMarkets Funding is structured as an educational and skill-assessment product — not a managed-fund operation. This is the same legal structure used by FTMO, Eightcap Challenges, FundedNext and every other major prop firm.
You are never at risk beyond the challenge fee
The maximum amount you can lose is the one-time challenge fee. You will never owe XCMarkets money, your balance will never go negative on the simulated account, and your real-world finances are completely insulated. Even if you breach the drawdown, the only consequence is the challenge ending.
Bottom line: you trade on a sim with live data, you get paid in real cash when you win, and you can never lose more than your challenge fee. It's the cleanest way for serious retail traders to access institutional-size capital — and the structure protects both you and us.
Trading rules, written plainly.
We don't hide gotchas in 30-page T&Cs. Here's exactly what you can and can't do — no surprises after you pass.
Trade your strategy.
- News trading (NFP, FOMC, CPI, all of it)
- Hold positions over weekends
- Expert Advisors & algorithmic trading
- Hedging across instruments
- Lot-size scaling and martingale (within drawdown rules)
- Trade forex, indices, commodities, crypto, stocks
- No minimum trading days — pass in a single trade if you can
- Unlimited time on Two-Step and One-Step evaluations
Only four things.
- Copy-trading or mirroring other accounts
- Exploiting demo/server arbitrage between phases
- Tick scalping under 60 seconds with 0 SL
- Trading exclusively in the first 30 seconds of news (high-impact only)
Most other firms have 20+ banned activities. We've cut it down to the four that actually matter for risk management.
The straight answers.
The trading is fully simulated — your MT5 account runs on a demo server with live institutional price feeds. The PAYOUTS, however, are 100% real USDT sent on-chain to your wallet. This is the standard structure for every prop firm (FTMO, Eightcap, FundedNext, The5ers all work this way). Trading client capital in real markets requires a broker-dealer license, which is why XCMarkets Funding is structured as an evaluation product paying real cash rewards for simulated performance.
Two reasons. First, regulation: directly trading client funds in financial markets requires a full broker-dealer / investment-firm license, which has multi-million-dollar capital requirements. Second, risk to you: in a simulated environment you can NEVER lose more than your one-time challenge fee. Your real-world finances are completely insulated. The simulation uses real institutional price feeds so the skill you prove is identical to what wins on a live account.
If you breach a drawdown rule on Phase 1, we give you ONE free retry on every challenge — no fee, same plan, fresh start. After that, you can reattempt at a 50% discount on the original fee.
Most payouts are processed in under 24 hours. The median in 2026 has been 9 hours from request to USDT in your wallet. Compare that to FTMO (up to 14 days) and Eightcap (5 business days).
Yes — every news event is allowed: NFP, FOMC, CPI, ECB, earnings. The only restriction is no opening a brand-new position in the 30 seconds immediately before or after a tier-1 release (Fed rate decision, NFP). Holding through is fine.
Forex (60+ pairs), indices (US500, NAS100, GER40, etc.), spot metals (gold, silver), commodities (oil, gas), 30+ crypto pairs, and 1,500+ US/EU stocks via CFD.
No. You can pass Phase 1 in a single trading day if your strategy gets you there. FTMO requires 4 days minimum; we removed it because it doesn't measure anything meaningful.
Hit 10% profit over any rolling 4-month window twice, and your account doubles automatically. The split also bumps up at certain thresholds. You can scale from $100K all the way to $2M without paying another fee.
The full fee is credited back as part of your first payout. So if your fee was $469 and your first profit split is $1,800, you'll receive $2,269 total. Effectively, the challenge is free once you reach payout.
Yes. EAs, Python-based strategies, signal services — all welcome. The only constraint is that copy-trading other accounts or mirroring signals from public services isn't allowed.
MT5 on the XCMarkets-Live server, with raw ECN spreads (0.0 pips on majors) and sub-millisecond execution. Same conditions as our regular live accounts.
No monthly fees, no inactivity fees, no withdrawal fees, no per-trade commissions on funded accounts. Only the one-time challenge fee, which is refundable.
Your shot at $400K starts now.
Sign-up takes 60 seconds. Pick a plan, fund the fee, get your MT5 credentials within minutes.
Simulated trading disclosure. XCMarkets Funding is an evaluation and educational service. All trading conducted within XCMarkets Funding challenges and funded accounts takes place in a simulated environment using live institutional price feeds. No real capital is at risk in the markets during the simulated trading activity. Performance fees and profit splits represent rewards for skill-based performance against pre-defined objectives in the simulated environment.
Payouts are real cash, paid in USDT to traders who meet the evaluation criteria and subsequent funded-account objectives. The maximum amount any participant can lose is the one-time evaluation fee. XCMarkets Funding is not a broker-dealer, investment advisor, or financial institution. Trading is speculative and prior performance — simulated or otherwise — is not indicative of future results. Read the full risk disclosure before participating.