A $500K Funded Account: What It Costs on Perpetuals and the Rules
Three $500K plans, all on Perpetuals, from $3,239.10 with OFF10. Targets, daily limits, floors and the 90% split converted into dollars, with the arithmetic shown and the sizes on either side.
OctoFunded Trading DeskUpdated ยท 8 min read
A 500k funded account at OctoFunded is an account with $500,000 of simulated capital that costs $3,599 on the Perpetuals 2-Step, or $3,239.10 with the public code OFF10, with a $20,000 target per phase and a $20,000 daily loss limit. That is $7.20 per $1,000 of simulated capital at list price. The $500K size is sold only on Perpetuals. Below you get all three plans, every limit in dollars and the payout arithmetic.
How much does a $500K funded account cost?
Three plans are sold at $500K. Here they are, sorted by list price.
| Plan ($500,000 simulated capital) | List price | With OFF10 | Per $1K (list) | Split | Fee refund |
|---|---|---|---|---|---|
| Perpetuals 2-Step | $3,599 | $3,239.10 | $7.20 | 90% | With the first payout |
| Perpetuals 1-Step | $3,999 | $3,599.10 | $8.00 | 90% | With the first payout |
| Perpetuals Instant | $8,399 | $7,559.10 | $16.80 | 90% | None |
Prices checked 30 October 2026.
Per $1K is the list price divided by 500, rounded to the cent. Every other size is in the full OctoFunded price list, and how to apply the code at checkout is in the OctoFunded coupon code. This is a four-figure fee, so run the checklist in is OctoFunded legit before you pay.
What is a $500K funded account?
It is a prop firm account with a $500,000 simulated balance that you trade under fixed rules. No real money is traded on your behalf. If you keep to the rules, you can request a payout: a share of the simulated profit, paid in USDT or USDC with a public on-chain transaction hash, subject to the program rules.
There are two ways in. You pass a 500k prop firm challenge, the 1-Step or the 2-Step, or you buy the Instant plan, which has no evaluation. If the challenge model is new to you, read prop firm challenge first.
Why is a half million funded account only on Perpetuals?
Because that is where the size ladder goes past $400,000. A half million funded account exists in one market at OctoFunded:
| Market | Largest size sold | $500K available? |
|---|---|---|
| Classic (forex, metals, indices, BTC/ETH) | $400,000 on 1-Step and 2-Step | No |
| Futures | $400,000 on 1-Step, $300,000 on Instant | No |
| Perpetuals | $1,500,000 on 1-Step, 2-Step and Instant | Yes |
So if you trade forex, gold CFDs or indices on Classic, $500K is not on the menu. The closest Classic plan is $400,000: the Classic 1-Step costs $1,859, or $1,673.10 with OFF10, and the Classic 2-Step costs $1,909, or $1,718.10 with OFF10. If you want $500K, you trade Perpetuals: crypto, US stocks, gold and oil, open 24/7 including weekends. Our crypto perpetuals prop firm guide covers the market, and weekend trading covers Saturday and Sunday sessions.
What are the $500K rules in dollars?
Each figure below is the percentage multiplied by $500,000.
| Rule on $500,000 | Perps 2-Step | Perps 1-Step | Perps Instant |
|---|---|---|---|
| Profit target | $20,000 (4%), then $20,000 (4%) | $30,000 (6%) | No evaluation |
| Balance at target | $520,000 in each phase | $530,000 | None |
| Daily loss limit | $20,000 (4%) | $15,000 (3%) | $15,000 (3%) |
| Max loss | $30,000 (6%) | $30,000 (6%) | $35,000 (7%), static |
| Starting floor | $470,000 | $470,000 | $465,000 |
| Floor moves? | See the program rules | See the program rules | Never |
| Minimum days | None | None | None |
| Payout timing | See the program rules | See the program rules | On demand after 6 trading days |
The arithmetic: 4% of $500,000 is $20,000, 6% is $30,000, 3% is $15,000 and 7% is $35,000. Each starting floor is $500,000 minus the max loss. Check the full program rules for the reference point and reset time of the daily limit, and read how the daily loss limit is measured before your first session.
2-Step or 1-Step at $500K?
The 2-Step costs $400 less at list and gives you $5,000 more daily room. The 1-Step gives you one phase instead of two.
| Compare at $500K | Perps 2-Step | Perps 1-Step |
|---|---|---|
| List price | $3,599 | $3,999 |
| With OFF10 | $3,239.10 | $3,599.10 |
| Total target to pass | $40,000 across two phases | $30,000 in one phase |
| Daily loss limit | $20,000 | $15,000 |
| Max loss | $30,000 | $30,000 |
| Daily limit as share of max loss | 67% | 50% |
Prices checked 30 October 2026.
The last row is the one most traders skip. On the 2-Step, one full day at the limit uses two thirds of the max loss. On the 1-Step, it takes two full days at the limit to reach the floor. Wider daily room is not the same as more total room: both evaluations stop at $470,000. More on the two-phase model in the two-step prop firm challenge guide.
How big can a trade be inside these limits?
Size is a choice, not a rule. At $500K, every percentage point is $5,000.
| Risk per trade on $500,000 | Dollars | Losing trades before $15,000 (1-Step, Instant) | Losing trades before $20,000 (2-Step) |
|---|---|---|---|
| 0.25% | $1,250 | 12 | 16 |
| 0.5% | $2,500 | 6 | 8 |
| 1% | $5,000 | 3 | 4 |
Three losses at 1% end the day on the 1-Step. More in risk per trade on a funded account.
How does $500K compare with $300K and $1M?
Per $1K falls as the size rises on every Perpetuals evaluation.
| Perpetuals 2-Step | List price | Per $1K | Target per phase |
|---|---|---|---|
| $300K | $2,399 | $8.00 | $12,000 |
| $500K | $3,599 | $7.20 | $20,000 |
| $1M | $6,999 | $7.00 | $40,000 |
Prices checked 30 October 2026.
From $300K to $500K adds $1,200 at list and $8,000 to each phase target. From $500K to $1M adds $3,400 and doubles the targets. Compare the $300K funded account and the $1M funded account if you sit between sizes.
What does the payout math look like on $500K?
A payout is the 90% split times the simulated profit in the cycle, plus the fee refund on the first payout of the 1-Step or 2-Step, subject to the program rules. The figures below are illustrative. They are not a record of a real payout or a forecast.
| Illustrative simulated profit on $500,000 | Payout at 90% |
|---|---|
| $5,000 | $4,500 |
| $20,000 | $18,000 |
| $30,000 | $27,000 |
The arithmetic: $20,000 x 0.90 = $18,000. On the evaluations, the first payout also returns your fee, $3,599 or $3,999 at list. The fee refund article explains why it rides on the payout rather than on passing. The Instant has no fee refund, so its $8,399 list fee is a cost you carry.
An account can break a rule before it ever reaches a payout. For the request, the hash and the timing, read how prop firm payouts work.
Worked example: one week on a $500K Perpetuals 2-Step
An illustrative week, phase 1, with made-up results.
- Day 1: +$6,000. Balance $506,000.
- Day 2: minus $14,000. Inside the $20,000 daily limit, with $6,000 to spare. Balance $492,000.
- Day 3 (Sunday): +$9,500. Balance $501,500. Perpetuals are open on weekends.
- Day 4: +$7,000. Balance $508,500.
Profit so far: $8,500. You still need $11,500 to reach the $520,000 phase 1 target. On day 2, the account closed $22,000 above the $470,000 starting floor. The real room on day 2 was $6,000 to the daily limit, not "4%".
Which $500K plan fits you?
- Lowest price at $500K: Perpetuals 2-Step, $3,239.10 with OFF10, $20,000 a day of room.
- One phase: Perpetuals 1-Step, $3,599.10 with OFF10, $30,000 target.
- No evaluation: Perpetuals Instant, $7,559.10 with OFF10, $465,000 static floor, payout on demand after 6 trading days.
Still deciding between programs? 1-Step vs 2-Step vs Instant compares them on fit. Want a smaller first step? See the $200K funded account.
FAQ
How much does a $500K funded account cost at OctoFunded?
From $3,599 for the Perpetuals 2-Step, or $3,239.10 with the public code OFF10. The Perpetuals 1-Step is $3,999, or $3,599.10 with OFF10, and the Perpetuals Instant is $8,399, or $7,559.10 with OFF10.
Can I get a half million funded account on Classic or Futures?
No. The $500,000 size is sold only in the Perpetuals market. Classic 1-Step and 2-Step top out at $400,000, Futures 1-Step at $400,000 and Futures Instant at $300,000.
What is the profit target on a $500K prop firm challenge?
$30,000 on the Perpetuals 1-Step, which is 6% of $500,000, and $20,000 per phase on the Perpetuals 2-Step, which is 4% per phase. The Perpetuals Instant has no evaluation.
What is the daily loss limit on a $500K account?
$15,000 on the Perpetuals 1-Step and the Perpetuals Instant, which is 3%, and $20,000 on the Perpetuals 2-Step, which is 4%. The max loss is $30,000 on both evaluations and $35,000 static on the Instant.
How much is a payout on a $500K funded account?
It is the 90% split times the simulated profit in the cycle, subject to the program rules. On an illustrative $20,000 of simulated profit, that is $18,000. The 1-Step and 2-Step also refund the fee with the first payout; the Instant does not.
Trade $500,000 of simulated capital
Three $500K plans on Perpetuals, open 24/7, a one-time fee, no time limit and no minimum days on either evaluation, and payouts in USDT or USDC with a public hash, subject to the program rules. OFF10 takes 10% off every plan.
