Our 1-Step Daily Model is designed for traders who want to prove their skills quickly. It only has an Evaluation Phase, which you need to pass to gain access to a Simulated Funded Account where you can start generating profits and withdraw profits daily, from day one.
Evaluation Phase
Trading Objectives:
Reach the 6% profit target
Meet the 50% consistency rule; your most profitable day cannot account for more than 50% of your total profits.
Once you meet the objectives, you'll have to wait until the end of the trading day reconciliation process. You will receive an email confirming your success.
Funded Phase
Follow the payout requirements below to become eligible for a payout.
Trading Rules
End-Of-Day Trailing Drawdown Limit
The EOD Trailing Drawdown Limit is the total amount your balance/equity can decrease. If the account balance increases by the end of the day, the drawdown limit adjusts upward. If the account balance decreases, the drawdown remains unchanged.
The EOD Trailing Drawdown locks when profits exceed the drawdown limit by $100. For example, in a $50,000 account with a $2,000 drawdown, once profits reach $2,600, the drawdown locks at $50,100.
Exceeding your drawdown limit will result in account failure.
Contracts
A $50K account can trade up to 4 Minis (40 Micros).
A $100K account can trade up to 8 Minis (80 Micros).
A $150K account can trade up to 12 Minis (120 Micros).
Swing Trading and Trading Hours
All positions must be closed BEFORE 4:59 PM EST Monday through Friday, before the market closes. Any open positions will be automatically closed at 4:59 PM ET. This will not result in a fail or loss of account.
Starting at 6:00 PM EST, Monday through Thursday, and on Sunday evening, you can start placing trades again.
This means that you are not able to swing trade or hold positions over multiple days.
News Trading
You are allowed to trade any news events.
Daily Loss Limit - Funded
A soft breach rule that pauses your trading for the day if you hit the loss threshold. Your account is not failed — you can resume next session. This only applies in the funded phase.
50K account: $1,000 Daily Loss Limit
100K account: $1,500 Daily Loss Limit
150K account: $2,000 Daily Loss Limit
Payout Guidelines - Funded Account
You can request payouts daily, even from day one.
Earn a generous 90% split on all profits you make.
Any trader can have a maximum allocation of 5 funded accounts at any given time.
Once you submit a payout request, it cannot be edited or canceled.
Be aware that if you fail your account before the request is processed, your payout will be denied.
The minimum and maximum payout amounts for every payout:
Account size | Minimum payout amount | Maximum payout amount |
50K | $500 | $1,000 |
100K | $1,000 | $1,500 |
150K | $1,500 | $2,500 |
Your account must satisfy the criteria below to qualify for EACH payout:
Exceed the buffer: exceed the buffer below to request a payout. This buffer is unwithdrawable.
$2,100 on the $50K account
$2,600 on the $100K account
$4,100 on the $150K account*
Minimum Profit Requirement 2nd payout onwards: starting from your 2nd payout, hit at least the minimum profit requirement between every payout request
$500 on the $50K account
$1,000 on the $100K account
$1,500 on the $150K account
Contract Scaling Plan*
1-Step Funded accounts scale progressively—your max position size grows as your balance increases. Limits are adjusted at the end of the trading day (5 pm EST) based on your closing balance.
Note: This scaling applies only to funded accounts. During evaluation, you have access to full contract limits (4, 8, or 12, depending on account size).
| 50K Account | 100K Account | 150K Account |
Starting Max Contracts | 2 minis / 20 micros | 3 minis / 30 micros | 4 minis / 40 micros |
Milestone 1 ($2,000 in profit) | 4 minis / 40 micros | 5 minis / 50 micros | 6 minis / 60 micros |
Milestone 2 ($3,000 in profit) | — | 8 minis / 80 micros | 8 minis / 80 micros |
Milestone 3 ($4,500 in profit) | — | — | 12 minis / 120 micros |
*Accounts purchased before Jan 11, 2026:
- do not have a scaling plan
- 1-Step 150K accounts have a $3,600 buffer
1-Step accounts purchased before 05:00 EST Dec 9 2025, see the payout requirements here.
Payout window
You can request payouts daily after the reconciliation. Daily account reconciliations occur between 5:00 p.m. and 10:00 p.m. EST.
Once your payout is requested, your funds are immediately withdrawn from your account. You can continue trading while we review your payout request.
Path to Live
A trader may be moved to a Live account once they have taken 4 payouts in a single account. Our Review team monitors all traders and may reach out to move you to the Live Account before 4 payouts. This decision is made at FundedSeat's discretion, based on your performance.