Funding models · Rookie
Live funded account
Also searched as: live account
What does Live funded account mean?
A live funded account places trades with actual capital in live markets. Some retail prop programs offer it as a later stage after a trader builds a track record.
Example
A firm’s risk team invites a qualifying simulated trader to a live account.
Illustrative example; not a provider’s quoted offer.Why it matters for prop traders
Progression may be discretionary, and live-stage rules can differ from evaluation and simulated-stage rules.
Sources and further reading
The following primary sources support the terminology. Provider rules describe their own products and may change.