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What is a Prime Account?

Learn what a Prime Account is, the two ways to get one, and what it allows you to do.

Written by Lior

Short Answer

A Prime Account is the simulated account you trade once you have qualified. On most Programs you reach it by successfully completing an Evaluation; on the Instant it is issued immediately. In both cases you complete KYC verification, then review and sign your Trader Agreement before you begin trading. A Prime Account lets you continue trading in a simulated environment while becoming eligible to receive Rewards based on your simulated trading performance.


What Is a Prime Account?

A Prime Account is the stage where you trade toward Rewards rather than toward passing an assessment.

Unlike an Evaluation account, which exists to demonstrate your trading skills, a Prime Account lets you keep trading under your Program's rules while becoming eligible to receive Rewards.

How you get one depends on your Program. Pay After You Pass, the 1-Step and the 2-Step each require completing an Evaluation first. The Instant has no Evaluation and issues a Prime Account directly.

Each Program has its own Prime Account rules, including Trading Objectives, Reward schedules, and available Add-Ons.


How Do I Qualify?

On Programs that include an Evaluation, you must:

  • Successfully complete your Evaluation.

  • Meet all applicable Trading Objectives.

  • Complete KYC verification.

  • Submit your Prime Account request.

On the Instant, there is no Evaluation. You complete KYC verification and your Prime Account is issued directly.

Issuance timing varies by Program: within a few minutes on Pay After You Pass once the Activation Fee is paid, within up to 48 hours after your request is approved (excluding weekends) on the 1-Step and 2-Step, and as soon as onboarding is complete on the Instant. Before you can begin trading, you'll review and sign your Trader Agreement from your FundingRock Dashboard.


What Can I Do With a Prime Account?

Once your Prime Account is active, you can:

  • Continue trading under your Program's Trading Rules.

  • Submit Reward Requests once your account becomes eligible.

  • Increase your Reward Share with eligible Add-Ons.

  • Work toward qualifying for the FundingRock Scaling Plan, where applicable.


Important

  • Each Program has different Prime Account rules.

  • You must continue complying with all applicable Trading Rules.

  • Failing to comply with your Program's rules may result in your Prime Account being breached or terminated.


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