You passed the challenge. Now what? If you've never been through the post-passing process, it can feel confusing. Here's exactly what happens step by step.
Step 1: Verification
After passing, the prop firm will verify your identity. This usually involves submitting a government-issued ID and proof of address. Most firms process this within 24-48 hours.
If you used a challenge passing service: The account credentials get transferred back to you. You change the password and verify your own identity with the firm.
Step 2: Account Conversion
The prop firm converts your challenge account to a funded account. This means:
- The evaluation rules no longer apply (no more profit targets or time limits)
- You now have a profit split agreement (typically 80/20 to 90/10)
- Drawdown rules shift to "funded account" rules (usually softer than challenge rules)
Step 3: Your First Trading Month
This is the most important period. Many firms have a "buffer period" where they monitor your trading. Not for passing ? for consistency. They want to see that you're not a risk to their capital.
Tips for the first month:
- Trade exactly as you did during the challenge
- Don't suddenly increase position sizes
- Avoid the temptation to revenge trade (now it IS real money)
- Stick to your strategy
Step 4: First Payout
Most firms allow payouts after the first 14-30 days of being funded. The process is:
- Request a withdrawal through the firm's dashboard
- The firm verifies your trading activity
- Funds are sent via bank transfer, crypto, or PayPal (depends on the firm)
- Processing time: 3-14 business days typically
? FundedNext: Every 14 days ? processed within 3-5 business days
? FTMO: Monthly ? processed within 7-10 business days
? E8 Markets: Every 14 days ? processed within 5-7 business days
? MFF: Monthly ? processed within 10-14 business days
Step 5: Scaling
Once you've proven you can be consistently profitable, many firms let you scale up. FTMO offers up to $4M. FundedNext offers up to $200K per account. E8 offers up to $2M.
This is where the real money is ? multiply your strategy across multiple funded accounts.
How a Challenge Passing Service Fits In
Here's what many people don't realize: I don't just pass the challenge. I hand you a fully funded account that YOU control. You trade it, you withdraw from it, you scale it. I handle the hard part (passing) and you get all the upside.
?? Ready to experience what it's like to be funded?
Free test available. I'll pass one challenge at no cost. After that, you handle the funded account and keep the profits.
?? Message @voraspas on Telegram