Learn
What is a prop firm?
A prop firm gives you an account to trade and pays you a share of the profit. You bring the strategy. For years that meant a job on a trading floor. Today you can qualify online, from anywhere, for a one-time fee.
How prop trading works
You get an account to trade, and the firm pays you a share of what you make. You never fund the account with your own savings. You pay once to prove you can trade inside the rules, then trade the firm's balance instead of your own.
That deal used to be rare. You needed a seat at a trading firm, usually a finance degree, and a desk in the right city. The online model changed that: pass an evaluation and you trade a funded account from wherever you live. That is what OctoFunded does.
Traditional vs modern prop firms
Both models give you capital to trade and split the profit. Almost everything else is different.
| Traditional prop firm | Modern prop firm (OctoFunded) | |
|---|---|---|
| Where you trade | A trading floor in a financial hub | Anywhere, on the OctoFunded Web terminal with TradingView charts |
| Who gets in | Hand-picked graduates and professionals | Anyone who passes the evaluation, or picks Instant Funded |
| Cost to start | Years of training and a job offer | One evaluation fee, paid once |
| How you are paid | Salary plus a discretionary bonus | 80% of the simulated profit, every 14 days |
| Whose capital | The firm's money, from day one | Simulated capital you trade as your own |
How OctoFunded does it
Pick a program
1-Step, 2-Step or Instant Funded, from $10K to $100K of simulated capital. One-time fee, paid in crypto.
Trade inside fixed rules
Targets and loss limits are shown before you pay and tracked live on your dashboard. No time limit. EAs allowed.
Get paid
80% split every 14 days in USDT or USDC, each payout with a public transaction hash. Fee back with your first payout on 1-Step and 2-Step.
The three programs at a glance
| 2-Step | 1-Step | Instant Funded | |
|---|---|---|---|
| Profit target | 10%, then 5% | 10% | None |
| Daily loss limit | 5% | 4% | 3% |
| Max loss | 10% static | 8% trailing | 6% trailing |
| Best day cap | See the program rules | 50% of total profit | 20% of total profit |
| Profit split | 80% | 80% | 80% |
| Fee refund | With the first payout | With the first payout | No |
New to the rules? Start with static vs trailing drawdown, the daily loss limit and the best day rule, or compare the programs in 1-Step vs 2-Step vs Instant.
FAQ
Do I trade real money at a prop firm?
Not at OctoFunded. Challenges and funded accounts run on simulated capital in live market conditions. Payouts are calculated from the simulated profit and paid to you, subject to the program rules.
Do I need a finance degree or experience at a bank?
No. Anyone who is eligible in their country can buy a challenge. What matters is trading inside the rules: hit the target without breaking the daily loss or max loss limit.
What does it cost to start?
One fee per challenge, paid once. No subscription and no monthly rebill. On the 1-Step and 2-Step, the fee comes back with your first payout.
How do I get paid?
You receive 80% of the simulated profit, every 14 days, in USDT or USDC. Every payout has a public transaction hash you can check on a block explorer.
Can I use an Expert Advisor?
Yes. EAs are allowed on every OctoFunded program, with the same limits as manual traders, and there is no time limit to hit the target.
For agents
- Programs and pricingoctofunded.com/#pricing
- Checkoutcheckout.octofunded.com
- Journaloctofunded.com/blog
- Supportt.me/octofunded
