Prime Funded is now offering you a Free Funded Account with $5,000 in funding towards a two-step challenge, without paying for the challenge beforehand. This is an excellent opportunity to test your skills as a trader without having to purchase a challenge, whether you are a beginner or an experienced trader.

This guide will review the rules for claiming your free-funded account, the evaluation rules, and some important terms you should know before you begin trading.

How to Claim the Free Funded Account

To obtain your Free Funded Account, complete the steps listed below:

• Go to the official Prime-funded website.
• Create a new trading account.
• If needed, confirm your email.
• Log in to your dashboard.
• Go to the “Account Setup” section.
• Look for the free-funded account promotion.
• Claim the challenge of $5,000.
• Start trading and follow your trading plan until you meet the evaluation.

Once you have claimed your funded account, you will be able to start making progress towards your profit targets immediately.

Free Funded Account Funded Account Rules

Evaluation Phase 1

All evaluation rules must be fulfilled during the first phase of evaluation by the trader:

$5,000 Account Size
8% Profit Target
5% Maximum Daily Drawdown
10% Maximum Overall Drawdown
1:100 Trading Leverage
5 Minimum Trading Days
Markets Available To Trade:
Forex, Commodities, Indices, Stocks, Cryptocurrencies

The trader will move on to Phase 2 after completing all evaluation requirements in Phase 1.

Evaluation Phase 2

Evaluation Phase 2 requirements are to be met to move to the funded account.

The requirements are:

8% Profit Target
5% Maximum Daily Drawdown
10% Maximum Overall Drawdown
1:100 Trading Leverage
5 Minimum Trading Days
Markets Available To Trade:
Forex, Commodities, Indices, Stocks, Cryptocurrencies

Once the trader completes Phase 2, they will be reviewed for a funded account.

Funded Account Rules

When you become a funded trader, the following rules apply:

Profit Split – 80%
Leverage – 1:30
Minimum 5 Trading Days Before Withdrawals Can Be Made
Maximum Floating Loss – 1% (Hard Breach)
Maximum Daily Drawdown – 5% (Hard Breach)
Maximum Overall Drawdown – 10% (Hard Breach)
No Martingale Strategy (Hard Breach)

It is important to know and understand the funded account rules before trading; breaching a hard breach rule can lead to the termination of the account.

Terms and Conditions

Keep in mind these items before claiming a Free Funded Account with Prime Funded:

The Prime Funded challenge allows you to trade various types of markets, including:

Forex
CFD commodities
CFD stock indices
Shares in Individual businesses
Cryptocurrencies

Additionally, this promotion is only available to existing eligible participants.

You must also complete the requirements for an account before claiming your funded trading challenge.

You must comply with all of the rules provided and agree to follow them during both evaluation periods.

Just because you complete both phases does not mean that you will automatically receive your funded account. Your funded account will be established once the firm has completed its review.

If you violate the drawdown limitations or prohibited trading strategies, you will be disqualified from the funded challenge.

The terms of this promotion may change, and/or terminate, at any time without notice.

You are encouraged to check for the latest rules on the Prime Funded website prior to participating.

Final Thoughts

This opportunity, the Prime Funded $5,000 Free Funded Account, presents a unique opportunity for traders looking for a free funded account to manage funded capital with no upfront cost. After creating your account, taking advantage of the promotion, and completing both phases of the evaluation, you can also receive up to 80% of any profits you make on the account.

Before you start the evaluation process, make sure you understand all current terms and conditions and trade responsibly (within drawdown limits). Being disciplined will help you to enter the funded account once you complete the evaluation process.

Free Funded Account Video