At FundedSeat, simulated accounts are a stepping stone and a chance to refine strategies and build initial capital. Once traders prove consistent profitability, they're moved to FundedSeat Live accounts to trade in live markets.
Eligibility Requirements
A trader may be moved to a Live account after taking 4 payouts in a single account or 10 payouts since the last Live transition (or since starting with FundedSeat).
Our Review team monitors all traders and may reach out to move you to the Live Account before taking 4 payouts. This decision is made at FundedSeat's discretion, based on your performance.
Live Funded account upgrades are invitation-only and granted at FundedSeat's discretion. Our team will contact eligible traders via email when they meet the criteria.
Live Account Advantages
90% Profit Split
Daily Withdrawals
EOD Drawdown
No Daily Loss Limits
No Payout Caps
Transition Process
Once the trader is invited to go Live:
All Simulated Funded Accounts are closed
Eligible Accounts Move to Live (up to 5 Live Accounts)
Any Simulated Funded account that has received at least one payout transitions to Live. If a Sim Funded account has not received a payout, it will not transition to Live.
Any trades or progress made after the last successful payout will not be included in the Live Transition.
Evaluations will be placed on hold once passed. As long as the Live accounts are active, the trader cannot trade simulated accounts.
The Live account will begin with a $0 balance and an initial EOD drawdown equivalent to the starting drawdown of the original Simulated Funded account.
For example, if the Simulated Funded account was a $50,000 account, the Live account would start at $0 with an EOD drawdown of -$2,000.
The EOD drawdown locks at $0, even if a trader requests a payout before making the drawdown in profits.
The Live account will have the same max position size available as the original Simulated Funded account.
Performance Reward
First-time live traders will be eligible to earn a one-time reward based on their performance in their live account.
To earn the performance reward:
Generate profits equal to your starting drawdown
Reach 5 trading days with the profit thresholds mentioned in the table.
Once you achieve both targets, an equal amount to your drawdown will be added in your live account as a reward.
Account Size | Trading Day Profit Threshold | Drawdown | Performance Reward |
$25,000 | $100 | $1,000 | $1,000 |
$50,000 | $150 | $2,000 | $2,000 |
$100,000 | $200 | $3,000 | $3,000 |
$150,000 | $250 | $4,500 (Rapid) | $4,500 (Rapid) |
In Case of Hitting the Drawdown Threshold
Any remaining profits on the Live account will be eligible for withdrawal.
You may return to trade held evaluation accounts and purchase new evaluations after a cooldown period of 4 weeks.
Traders who show reckless behaviour in live may be subject to longer cooldowns at the discretion of the risk team.
