Prop Firm in Texas, Florida and New York: How OctoFunded Works
A practical guide for traders in Texas, Florida and New York: which OctoFunded market fits your hours, the Classic price list with OFF10, a trading day mapped to Central and Eastern time, and how to pay and get paid in crypto. Prices checked 30 October 2026.
OctoFunded Trading DeskUpdated ยท 8 min read
OctoFunded works the same way for a trader in Texas, Florida or New York: you buy a challenge on simulated capital, trade it online under written rules, and may be paid in USDT or USDC if you stay inside them.
So why a page for three states? Because the rulebook is the same, but your clock is not. A trader in Houston, one in Miami and one in Manhattan meet the same market at different hours of their own day, and that changes which market and program fits. Our national guide to prop firms for US traders covers the basics. This page applies them to three of the largest trading states.
Judge OctoFunded on what you can check today: the rules, the prices and a public hash on every payout. Here is how to judge any prop firm.
Does your state change how OctoFunded works?
No. The programs, prices and rules are the same in every state. What can differ is the law around you.
Rules on trading products, crypto and tax can differ between states and change over time. This article does not describe Texas, Florida, New York or US federal law, does not say how any state treats prop trading or crypto, and is not legal or tax advice. Read the OctoFunded Terms, check the rules where you live, and ask a qualified professional if you are unsure.
What time is it in your state when the market moves?
Most of Texas runs on Central Time, with the El Paso area on Mountain Time. Most of Florida runs on Eastern Time, with the western Panhandle on Central. New York runs on Eastern Time.
| Moment | New York and most of Florida (ET) | Most of Texas (CT) |
|---|---|---|
| London hours begin | About 03:00 | About 02:00 |
| London and New York overlap | About 08:00 to noon | About 07:00 to 11:00 |
| Common US data releases | 08:30 or 10:00 | 07:30 or 09:00 |
| US cash open | About 09:30 | About 08:30 |
| US afternoon | Noon to about 16:00 | 11:00 to about 15:00 |
| Perpetuals | Open 24/7 | Open 24/7 |
These times are approximate and shift for a few weeks a year when the US and Europe change clocks on different dates. The daily loss limit resets on the trading day set in the program rules, not at midnight where you live, so check that first.
What this means by state:
- New York: the overlap and the cash open land in your morning. If you trade before work, a bad first hour can use most of a daily limit before 10:00. Size for the open.
- Florida: same clock as New York, but if you trade from the western Panhandle you are an hour behind. Many Florida traders also trade evenings, which suits Perpetuals.
- Texas: you meet the overlap an hour earlier on your own clock, around 07:00. Energy is part of daily life in much of the state, and oil is available on Perpetuals, 24/7. Our oil prop firm page covers that market.
Which OctoFunded market fits your hours?
Pick the market whose open hours overlap with the hours you are actually free.
| You trade... | Market to look at | Why |
|---|---|---|
| Forex, gold or indices in the morning | Classic | Lowest prices, widest daily limits, sizes to $400,000 |
| Index or crypto contracts around the US open | Futures | Dated contracts, 90% split, read our futures prop firm for US traders guide |
| Crypto, US stocks, gold or oil in the evening or on weekends | Perpetuals | Open 24/7, 90% split, read our crypto prop firm for US traders guide |
For all three on one table, see OctoFunded markets compared. If you trade on Saturdays, our weekend trading guide explains how to plan around thinner hours.
What are the Classic rules?
Classic is the entry point for most traders, so here are its rules in full.
| Rule | 1-Step | 2-Step | Instant |
|---|---|---|---|
| Profit target | 10% | 10% then 5% | No evaluation |
| Daily loss | 4% | 5% | 3% |
| Max loss | 8% | 10% | 12% |
| Drawdown type | End-of-day trailing, locked at the initial balance | Static | Static |
| Best day cap | 50% of the phase profit | See the program rules | See the program rules |
| Profit split | 80% (upgrade available) | 80% (upgrade available) | 100% |
| Fee refund with first payout | Yes | Yes | No |
| Sizes | $10,000 to $400,000 | $10,000 to $400,000 | $10,000 to $100,000 |
Every Classic evaluation has no time limit. News trading and weekend holding are allowed, EAs are allowed, and there is no consistency rule beyond the best-day caps in the rules text. On the Instant, the first payout comes after 7 days and then weekly, with payouts 1 and 2 capped at 3% of the initial balance. For the drawdown difference, read static vs trailing drawdown; for picking a program, 1-Step vs 2-Step vs Instant.
How much does it cost?
Classic runs from $69 to $1,909 at list price. The second figure in each cell is the price with the public code OFF10.
| Account size | 1-Step | 2-Step | Instant |
|---|---|---|---|
| $10,000 | $69 / $62.10 | $79 / $71.10 | $109 / $98.10 |
| $25,000 | $169 / $152.10 | $179 / $161.10 | $249 / $224.10 |
| $50,000 | $289 / $260.10 | $309 / $278.10 | $469 / $422.10 |
| $100,000 | $499 / $449.10 | $529 / $476.10 | $879 / $791.10 |
| $200,000 | $949 / $854.10 | $999 / $899.10 | Not offered |
| $300,000 | $1,409 / $1,268.10 | $1,459 / $1,313.10 | Not offered |
| $400,000 | $1,859 / $1,673.10 | $1,909 / $1,718.10 | Not offered |
Prices checked 30 October 2026. List price / price with OFF10.
On the Classic 1-Step and 2-Step you can raise the split at checkout: 90% costs the list price x 1.1 and 100% costs the list price x 1.2. A $100,000 2-Step is $529 at 80%, $581.90 at 90% and $634.80 at 100%. The checkout shows the final price. Our profit split upgrade page explains when it can make sense.
Perpetuals start at $159 and Futures at $640. Every price for every market sits in our full OctoFunded price list.
A worked example from Dallas
An illustrative example follows. The results are made up and do not describe a real trader or a real payout.
A trader in Dallas buys the $50,000 Classic 2-Step for $278.10 with OFF10. He trades gold and an index from 07:00 to 10:00 Central, inside the overlap and the cash open, then stops. The daily limit is $2,500 (5% of $50,000) and the static floor is $45,000.
He reaches $5,000 in phase one and $2,500 in phase two with no deadline. On the funded account, still on simulated capital, he closes $2,000 of simulated profit inside the rules. At the 80% split his share is $2,000 x 0.80 = $1,600, paid in USDT with a public hash, and the 2-Step fee is refunded with the first payout, subject to the program rules. This is arithmetic, not a forecast. Read our daily loss limit guide before you size your first trade.
How do you pay and get paid?
You pay in crypto, and payouts arrive in stablecoins with a public transaction hash. This works the same in all three states.
- Choose a market, program and size in the pricing section.
- Discount: enter OFF10 for 10% off. It is our only public code.
- Pay in USDT on TRC20 or ERC20, USDC, BTC, ETH or SOL. Send the exact amount on the network shown; see paying with crypto.
- Payout in USDT or USDC, subject to the program rules.
- Check the hash on a block explorer. Here is how to verify a payout transaction hash.
There is no card or bank transfer at checkout. We do not name or recommend exchanges or wallets; use one you trust that is permitted where you live. Keep every payment and payout hash with its date, and ask a qualified tax professional how your state and the federal rules treat them.
Support is by e-mail at [email protected]. Send one question before you buy and judge the answer.
FAQ
Can traders in Texas, Florida and New York use OctoFunded?
OctoFunded accepts traders in the US, including Texas, Florida and New York. Rules on trading products, crypto and tax can differ by state, so read the OctoFunded Terms and check the rules where you live before you pay.
Is there a prop firm based in Texas, Florida or New York?
This guide does not rank or name firms by state. What matters is whether a firm accepts you, its written rules, its prices and how it pays. OctoFunded runs online, so where you live changes your hours, not your rulebook.
How much does an OctoFunded challenge cost?
Classic starts at $69 for a $10,000 1-Step, Perpetuals at $159 and Futures at $640. The public code OFF10 takes 10% off every plan. Prices checked 30 October 2026.
Which time zone does my daily loss limit use?
The daily loss limit resets on the trading day set in the program rules, not at midnight where you live. Check the program rules and your platform clock, whether you trade from Houston, Miami or New York.
How do I pay and get paid from the US?
The checkout takes crypto: USDT on TRC20 or ERC20, USDC, BTC, ETH and SOL. Payouts arrive in USDT or USDC with a public transaction hash, subject to the program rules.
Compare the programs before you pay
Whether you trade from Texas, Florida or New York, OctoFunded gives you three markets on simulated capital, Classic from $69, Perpetuals 24/7 from $159 and Futures from $640, with no time limit on evaluations and payouts in USDT or USDC with a public hash, subject to the program rules. Use OFF10 for 10% off and read the Terms first.
