$100K Funded Account: Every Prop Firm Rule in Dollars
Targets, daily loss limits, drawdown floors, best day caps and the 80% split, all converted from percentages into dollars on a $100K simulated account.
OctoFunded Trading DeskUpdated ยท 8 min read
A $100K funded account is a prop firm account with a $100,000 simulated balance that you trade under fixed rules for a share of the simulated profit. Every rule is written as a percentage, but you trade in dollars, so this guide converts each one.
Use it as a one-page cheat sheet for the 1-Step, 2-Step and Instant Funded at the $100K size, with the arithmetic shown so you can check every line.
Key takeaways
- Targets: $10,000 then $5,000 on the 2-Step, $10,000 on the 1-Step, no evaluation phase on Instant Funded.
- Daily loss limits: $5,000, $4,000 and $3,000 as a share of $100,000.
- Starting floors: $90,000 static, $92,000 trailing and $94,000 trailing.
- Best day caps: 50% of total profit on the 1-Step and 20% on Instant Funded.
- Payouts: 80% of simulated profit from the first payout, every 14 days, subject to the program rules.
What is a $100K funded account?
A $100K funded account is an account with $100,000 of simulated capital that you trade under a prop firm's rules. If you meet those rules, you can request a payout, which is a share of the simulated profit paid as a reward. The basics are covered in our page on the funded trading account.
At OctoFunded you reach a $100K account in one of three ways. You pass a two-phase or one-phase prop firm challenge, or you start on Instant Funded, which skips the evaluation. $100K is the largest size in the $10K to $100K range, so it is also the size where each percentage turns into the biggest dollar figure.
What are the $100K challenge rules for each program?
The $100K challenge rules differ by program in the profit target, the daily loss limit, the max drawdown and the best day rule. Here are the percentages from the program rules.
| Rule | 2-Step | 1-Step | Instant Funded |
|---|---|---|---|
| Evaluation phases | 2 | 1 | None |
| Profit target | 10%, then 5% | 10% | No evaluation phase |
| Daily loss limit | 5% | 4% | 3% |
| Max drawdown | 10% static | 8% trailing | 6% trailing |
| Best day rule | See the program rules | 50% of total profit | 20% of total profit |
| Fee refund | With the first payout | With the first payout | None |
All three share a one-time fee, no time limit, Expert Advisors allowed and an 80% profit split from the first payout. For a side by side on fit rather than numbers, read 1-Step vs 2-Step vs Instant.
How much is each rule in dollars on $100K?
Each rule in dollars is the percentage multiplied by $100,000. This is the table to keep next to your platform.
| Item on $100,000 | 2-Step ($) | 1-Step ($) | Instant Funded ($) |
|---|---|---|---|
| Profit target | $10,000, then $5,000 | $10,000 | None |
| Balance at target | $110,000, then $105,000 | $110,000 | None |
| Daily loss limit (as a share of $100,000) | $5,000 | $4,000 | $3,000 |
| Max drawdown | $10,000 | $8,000 | $6,000 |
| Starting floor | $90,000 | $92,000 | $94,000 |
| Floor moves? | Never | Rises with new highs | Rises with new highs |
The arithmetic: 10% of $100,000 is $10,000, 5% is $5,000, 4% is $4,000, 3% is $3,000, 8% is $8,000 and 6% is $6,000. Each starting floor is $100,000 minus the max drawdown.
Phase 2 of the 2-Step starts again from $100,000, so its $5,000 target means reaching $105,000. Check the full program rules for how each limit is measured, including the reference point and reset time of the daily limit.
How do the drawdown floors behave on $100K?
The 2-Step floor is fixed at $90,000, while the 1-Step and Instant Funded floors start at $92,000 and $94,000 and can rise as the account makes new highs.
A static floor means profit widens your buffer. At $106,000 on the 2-Step, the floor is still $90,000, so you have $16,000 of room.
A trailing floor follows the account up by a fixed distance. Take a general example of a floor that trails $8,000 below the highest balance. At a $106,000 high on the 1-Step, it would sit at $98,000, leaving $8,000 of room rather than $14,000. On Instant Funded the same logic with $6,000 gives a floor of $100,000.
Firms differ on whether a trailing floor tracks balance or equity, when it updates and where it stops. Our guide to static vs trailing drawdown shows each variant on a $100K path, and the program rules state the method used.
How does the best day rule work in dollars?
The best day rule caps how much of your total profit can come from your single best day: 50% on the 1-Step and 20% on Instant Funded.
You can read it in two directions.
| Your situation | 1-Step (50%) | Instant Funded (20%) |
|---|---|---|
| Total profit $10,000: largest allowed day | $5,000 | $2,000 |
| Total profit $5,000: largest allowed day | $2,500 | $1,000 |
| Best day $3,000: total profit needed | $6,000 | $15,000 |
| Best day $2,000: total profit needed | $4,000 | $10,000 |
The arithmetic: total profit times the cap gives the largest allowed day, and best day divided by the cap gives the total needed. For example, $3,000 / 0.20 = $15,000. One outsized day can therefore delay a payout until the rest of your trading catches up. The best day rule article covers how to plan around it.
What does a payout look like on a $100K account?
A payout on a $100K account is 80% of the simulated profit in the cycle, from the first payout, on a 14-day cycle, in USDT or USDC with a public transaction hash, subject to the program rules.
Here is an illustrative example with made-up results. It is not a record of a real payout.
| Cycle result (illustrative) | Your 80% share | Fee refund |
|---|---|---|
| $2,000 of simulated profit | $1,600 | 1-Step and 2-Step: with the first payout |
| $5,000 of simulated profit | $4,000 | 1-Step and 2-Step: with the first payout |
| $8,000 of simulated profit | $6,400 | Instant Funded: none |
The arithmetic: $2,000 x 0.80 = $1,600, $5,000 x 0.80 = $4,000 and $8,000 x 0.80 = $6,400. Our article on the fee refund explains why the refund rides on the first payout rather than on passing.
These figures do not predict results. An account can fail before it ever reaches a payout, and the table only shows how the split is calculated.
Worked example: one week on a $100K 1-Step
Here is an illustrative week on a $100K 1-Step challenge, with made-up results, to show how the dollar figures interact.
- Day 1: you close +$1,500. Balance $101,500.
- Day 2: you close +$3,000. Balance $104,500. This is your best day so far.
- Day 3: you close minus $2,500. That is inside the $4,000 daily limit, with $1,500 to spare. Balance $102,000.
- Day 4: you close +$2,000. Balance $104,000.
After four days the total profit is $4,000 and the best day is $3,000. Under the 50% cap, a $3,000 best day needs at least $6,000 of total profit, so your best day is more than half of the total for now. You still need $6,000 more to reach the $10,000 target.
On the drawdown side, under a general floor that trails $8,000 below the highest balance, the floor would be $96,500 after the $104,500 high on day 2. The day 3 close at $102,000 sat $5,500 above it.
The lesson is in the dollars, not the percentages: the room on day 3 was $1,500 to the daily limit, not "4%".
How do you trade a $100K account inside the rules?
You trade a $100K account inside the rules by sizing from the dollar room you have left, not from the account size.
- Write the dollar limits before the first trade: daily limit, current floor and distance to it.
- Size each trade as a slice of the daily limit. If one trade can lose $1,000 and your limit is $3,000, three losses end the day.
- Recalculate the floor after every new high on a trailing program.
- Track your best day against total profit so a big day does not push a payout back.
- Stop for the day well before the limit. Read how the daily loss limit is measured so you know what counts.
FAQ
What is a $100K funded account?
It is a prop firm account with a $100,000 simulated balance. You trade it under fixed rules, and payouts are a share of the simulated profit, subject to the program rules. No real money is traded on your behalf.
What is the profit target on a $100K challenge at OctoFunded?
On the 2-Step, $10,000 in phase 1 and $5,000 in phase 2. On the 1-Step, $10,000 in one phase. Instant Funded has no evaluation phase.
How much can I lose on a $100K account before it fails?
As a share of $100,000, the daily loss limit is $5,000 on the 2-Step, $4,000 on the 1-Step and $3,000 on Instant Funded. The max drawdown is $10,000 static, $8,000 trailing and $6,000 trailing.
How does the 80% split work on a $100K account?
From the first payout, you receive 80% of the simulated profit in the cycle, every 14 days, subject to the program rules. On $5,000 of simulated profit that is $4,000.
Is the fee refunded on a $100K account?
On the 1-Step and 2-Step, the fee is refunded with the first payout. Instant Funded has no fee refund.
Pick the $100K program your bad days fit inside
OctoFunded runs the 2-Step, 1-Step and Instant Funded at sizes from $10K to $100K, all on simulated capital, with a one-time fee and no time limit. Payouts are an 80% split every 14 days in USDT or USDC, subject to the program rules.
