Introduction

If you would like to review various prop firm challenges and have clarity on how FundingRock functions, this blog provides information on the FundingRock challenge models, profit split, payout process, account sizes and the evaluation process in clear detail. If you are a prop trader, want to obtain a funded account or have an interest in how your profit share payout is calculated, the data is here for you.

1. Challenge Models at FundingRock

FundingRock is unlike some other funders in that it has several challenge models for different trader levels and trading styles. The challenge models identify your account size, fees, profit targets, risk limits and evaluation process. By selecting the appropriate FundingRock account size, you will ensure that your strategy aligns with the appropriate model and thus increase your chances of progressing to become a funded trader.

Account sizes available within the challenge models include: $5,000, $10,000, $25,000, $50,000, $100,000 and larger amounts up to $200,000. Each account size has a challenge fee associated with it and risk parameters (daily loss limit, maximum loss, minimum trading days) associated with the model related to that size. All of this was done to provide the model to lean into based on your trading plan.
 

The limitations within the models all center around risk management rules: i.e. maximum daily loss 5%, maximum total loss 10% in many cases. Once you have completed Steps 1 and 2 of the funding challenge, you are then into the funded account. The reality is that the challenge model is the assessment stage, prior to you actually receiving the funded account.

If you are considering entering a prop-trading challenge, it is important to have a grasp of these models: you must hit the profit target, stay within the max daily loss and max loss rules and trade for minimum days based on the challenge model. These are specific parameters of the challenge models at FundingRock.

2. Profit Split at FundingRock

A major selling point for FundingRock is the profit split for being funded. After completing the challenge, you get to retain a significant chunk of what you earn. FundingRock markets up to a 90% profit split for funded traders.

Realistically, it might start around 80% (you keep 80% profits) and can climb to 90% or above, possibly based on the trader's account size, performance and/or even loyalty or incentive programs.

Thus, if you earn $1,000 profit on your funded account, you could receive $800 to $900, depending on your tier or model. The more you perform and comply with the rules, the more you can earn from the profit split

It is also critical to comply with risk rules (max loss, daily drawdown) because if you violate risk rules, you are at risk of losing your funded status and your right to the profit split.
 

3. FundingRock Payout and Withdrawal Process

What about the payouts at FundingRock? Once you are funded and have made profits, it is a question of the withdrawal process. FundingRock says that payouts are quick and the first payout even refunds your challenge fee.

The process will generally include passing the challenge, becoming funded, trading the funded account, requesting a withdrawal of profits and at payout time, you will receive your portion (80% to 90%) of the profits according to the profit split.
 

Some important details about the payout:

• The first withdrawal may be a refund of your challenge fee (it depends on the model).
• After that, you will receive regular payouts as you continue trading.
• A good prop firm is characterized by the speed of payout and the transparency of the payout process. 

Understanding the payout percentage of the funded account, the frequency of payouts and any fees and/or conditions is very important to you as a trader.

4. FundingRock Risk Rules and Assessment Phases

Without solid risk control and assessment phases, no prop-firm payout or profit share model will work. At FundingRock, you are required to clear two assessment phases (Phase 1 and Phase 2) depending on the model.

For the challenge model, your assessors will be looking at things such as maximum daily loss (e.g. 5%), maximum total loss (e.g. 10%), minimum trading days (generally 4) and profit target (e.g. 8% for Phase 1).

Understanding these conditions is very important in order to not only clear the challenge but also to retain your funded status and generate consistent returns by profit split. If you do not follow the risk rules, your funded account could be taken away, and you will not get paid out.
 

5. How to Maximise Your Earnings

If your goal is to maximise your earnings under the FundingRock model, you can follow this approach:

• Select an account size in line with your comfort level and strategy (don’t select too much too soon)
• Trade conservatively in meeting profit targets without exceeding loss limits
• Focus on consistency and risk management rather than large one off trades
• Once funded, stay consistent and build out to qualify for more tiers in profit splits (80%-90%)
• Be aware of payout frequency, terms and conditions of the funded account and withdrawal terms and conditions (“funded trader payout schedule”, “prop firm withdrawal terms and conditions”)
• Keep your trading journal, review your drawdowns, and pay attention to how you are complying with the funded account terms and conditions (“funded account risk compliance”, “prop firm risk management challenge”).

6. What Makes FundingRock Different?

While there are plenty of prop firm platforms to choose from, there are some features of FundingRock platform that make it a different experience:

• Clear and competitive profit split up to 90% - “FundingRock Profit Split”
• Multiple account sizes to choose from - $5,000 - $200,000 - giving you the flexibility for “challenge account sizes.”
• Clear risk rules and challenge levels - making it very easy for the trader to be clear on “FundingRock Risk Rules” and challenge levels.
• Support for automated trading strategies (EAs) and the live trader community (“funded trader community”, “prop firm trader support”).
• The fast payouts and first withdrawal refund for the challenge fee for qualifying models (“funding rock payout process”).

Conclusion

If you are looking to do a prop firm challenge, the FundingRock challenge models, profit split and payout models are a compelling proposition. If you have an understanding of the assorted challenge account sizes, evaluation phases, risk rules, profit split up to 90% and payout models, then you are set to make an informed decision and optimise for funded traders' reality. If you keep your mind on consistency, risk management and reaching those profit targets inadvertently, you will be well on your way to benefiting from this prop-trading opportunity!

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