A $10K Funded Account: Cost, Rules and Your First Payout Math
Six $10K plans across Classic and Perpetuals, from $62.10 with OFF10. Targets, daily limits and floors converted into dollars, plus the first payout math with the fee refund.
OctoFunded Trading DeskUpdated ยท 8 min read
A $10K funded account at OctoFunded costs $69 on the Classic 1-Step, or $62.10 with the public code OFF10, for $10,000 of simulated capital, a $1,000 target and a $400 daily loss limit. There are six $10K plans in total, from $62.10 to $431.10 with OFF10, and this page turns every one of their rules into dollars.
Percentages hide the real size of a rule. On $10,000, "4% daily" is $400, which is two or three bad trades. Here is every number you need before you buy, plus the arithmetic of a first payout.
Every $10K plan and its price
| Plan ($10,000 simulated capital) | List price | With OFF10 | Split | Fee refund |
|---|---|---|---|---|
| Classic 1-Step | $69 | $62.10 | 80% | With the first payout |
| Classic 2-Step | $79 | $71.10 | 80% | With the first payout |
| Classic Instant | $109 | $98.10 | 100% | None |
| Perpetuals 2-Step | $219 | $197.10 | 90% | With the first payout |
| Perpetuals 1-Step | $239 | $215.10 | 90% | With the first payout |
| Perpetuals Instant | $479 | $431.10 | 90% | None |
Prices checked 30 October 2026.
Futures plans start at $25,000, so there is no $10K Futures account. Every other size is in the full OctoFunded price list.
What is a $10K funded account?
A $10K funded account is an account with $10,000 of simulated capital that you trade under fixed rules. No real money is traded on your behalf. If you meet the rules, you can request a payout, which is a share of the simulated profit paid as a reward. The basics are on our funded trading account page.
You reach it in one of two ways. You pass a 10k prop firm challenge, the 1-Step or 2-Step, or you buy an Instant plan and skip the evaluation. Classic covers CFDs: forex, metals, indices and BTC/ETH. Perpetuals trade 24/7, including crypto, US stocks, gold and oil, open on weekends.
Why traders start at $10K
Three reasons, all about dollars.
- The lowest ticket. $62.10 with OFF10 is the cheapest entry on the whole site.
- A cheap test of the process. You learn the rules, the dashboard and the payout steps before you commit to a larger size.
- Mistakes cost less. If an account breaks a rule, you lose a smaller fee.
The trade-off is cost per $1K. A $10K Classic 1-Step costs $6.90 per $1K at list price. A $100K costs $4.99 per $1K. Small accounts are cheaper in dollars and dearer per $1K.
The 10k prop firm challenge rules in dollars: Classic
Each dollar figure is the percentage multiplied by $10,000.
| Rule on $10,000 | Classic 1-Step | Classic 2-Step | Classic Instant |
|---|---|---|---|
| Profit target | $1,000 (10%) | $1,000 (10%), then $500 (5%) | No evaluation |
| Balance at target | $11,000 | $11,000, then $10,500 | None |
| Daily loss limit | $400 (4%) | $500 (5%) | $300 (3%) |
| Max loss | $800 (8%), trailing | $1,000 (10%), static | $1,200 (12%), static |
| Starting floor | $9,200 | $9,000 | $8,800 |
| Floor moves? | Rises end of day, locked at $10,000 | Never | Never |
| Best day cap | 50% of phase profit | See the program rules | See the program rules |
| Payout timing | Every 14 days | Every 14 days | After 7 days, then weekly |
The Classic 1-Step floor trails at end of day and stops rising once it reaches the $10,000 initial balance. The 2-Step floor never moves, so profit widens your buffer. If the difference is new, read static vs trailing drawdown.
Classic Instant has one rule to plan around: payouts 1 and 2 are capped at 3% of the initial balance. On $10,000 that is $300 each.
The $10K rules in dollars: Perpetuals
| Rule on $10,000 | Perpetuals 1-Step | Perpetuals 2-Step | Perpetuals Instant |
|---|---|---|---|
| Profit target | $600 (6%) | $400 (4%), then $400 (4%) | No evaluation |
| Daily loss limit | $300 (3%) | $400 (4%) | $300 (3%) |
| Max loss | $600 (6%) | $600 (6%) | $700 (7%), static |
| Starting floor | $9,400 | $9,400 | $9,300 |
| Minimum days | None | None | Payout after 6 trading days |
| Time limit | None | None | Not applicable |
On Perpetuals the targets are lower than on Classic, and so is the room. The 1-Step asks for $600 with $600 of max loss: the target and the room are the same size. Check the full program rules for how each limit is measured.
How the best day cap works on a $10K 1-Step
On the Classic 1-Step, your best day can be at most 50% of the phase profit. On a $1,000 target, that means no single day can carry more than $500 of it when you finish.
| Your situation | Classic 1-Step (50%) |
|---|---|
| Phase profit $1,000: largest allowed day | $500 |
| Best day $600: phase profit needed | $1,200 |
| Best day $700: phase profit needed | $1,400 |
The arithmetic: best day divided by 0.50 gives the profit needed. One $700 day pushes the phase to $1,400. The best day rule article shows how to plan around it.
Your first payout math on $10K
A first payout is the split times the simulated profit in the cycle, plus the fee refund on 1-Step and 2-Step plans, subject to the program rules. The figures below are illustrative. They are not a record or a forecast.
| Illustrative simulated profit on $10,000 | Classic 1-Step (80% + refund) | Perpetuals 2-Step (90% + refund) | Classic Instant (100%, capped at $300) |
|---|---|---|---|
| $200 | $160 + fee refund | $180 + fee refund | $200 |
| $500 | $400 + fee refund | $450 + fee refund | $300 |
| $800 | $640 + fee refund | $720 + fee refund | $300 |
The arithmetic: $500 x 0.80 = $400, $500 x 0.90 = $450, and Classic Instant stops at 3% of $10,000, which is $300, on payouts 1 and 2.
Now compare that with the price. On the Classic 1-Step you paid $62.10 with OFF10, and the fee comes back with the first payout. On Classic Instant there is no refund, so the $98.10 you paid with OFF10 is covered only once your payouts add up to more than that. On a $300 capped payout, that is $300 minus $98.10, or $201.90 net. The fee refund article explains why the refund rides on the first payout and not on passing.
Payouts are sent in USDT or USDC with a public on-chain transaction hash. An account can break a rule before it ever reaches a payout. The table only shows how the numbers are calculated.
Worked example: three days on a $10K Classic 1-Step
An illustrative path, with made-up results.
- Day 1: you close +$250. Balance $10,250.
- Day 2: you close minus $300. That is inside the $400 daily limit, with $100 to spare. Balance $9,950.
- Day 3: you close +$450. Balance $10,400. Best day so far: $450.
After three days the phase profit is $400. You need $600 more for the $1,000 target. Your $450 best day needs at least $900 of phase profit under the 50% cap, which the $1,000 target already covers.
The lesson: on day 2 your room was $100, not "4%". Read how the daily loss limit is measured so you know exactly what counts.
Which $10K plan fits you?
- Lowest price: Classic 1-Step, $62.10 with OFF10.
- Most room to be wrong: Classic 2-Step, a $500 daily limit and a static floor at $9,000, for $10 more at list.
- No evaluation, full split: Classic Instant, 100% split, first payout after 7 days, capped at $300 on payouts 1 and 2.
- Weekend and 24/7 markets: Perpetuals 2-Step, the cheapest Perpetuals evaluation at $10K, with two $400 targets.
Size every trade from those dollars. If one trade can lose $100 and your daily limit is $400, four losses end the day. Our guide to calculate position size does the math per trade. Comparing on fit rather than price? Read 1-Step vs 2-Step vs Instant. Thinking bigger later? The $100K funded account runs the same exercise at ten times the size. Before you pay, is OctoFunded legit gives you a checklist to run.
FAQ
How much does a $10K funded account cost at OctoFunded?
From $69 for the Classic 1-Step, or $62.10 with the public code OFF10. The other $10K plans are $79 Classic 2-Step, $109 Classic Instant, $219 Perpetuals 2-Step, $239 Perpetuals 1-Step and $479 Perpetuals Instant, all 10% less with OFF10.
What is the profit target on a $10K prop firm challenge?
$1,000 on the Classic 1-Step, $1,000 then $500 on the Classic 2-Step, $600 on the Perpetuals 1-Step and $400 per phase on the Perpetuals 2-Step. Instant plans have no evaluation.
How much can I lose on a $10K account in one day?
$400 on the Classic 1-Step, $500 on the Classic 2-Step, $300 on Classic Instant, $300 on the Perpetuals 1-Step, $400 on the Perpetuals 2-Step and $300 on Perpetuals Instant.
What does a first payout look like on a $10K account?
It is the split times the simulated profit in the cycle, plus the fee refund on 1-Step and 2-Step plans, subject to the program rules. On an illustrative $500 of simulated profit, a Classic 1-Step pays $400 plus the fee refund.
Is there a $10K Futures account?
No. Futures plans start at $25,000. At $10K you can choose Classic 1-Step, 2-Step or Instant, or Perpetuals 1-Step, 2-Step or Instant.
Start with $10,000 of simulated capital
Six $10K plans, one-time fee, no time limit on any evaluation, and payouts in USDT or USDC with a public hash, subject to the program rules. Use OFF10 for 10% off.
