MONACO FUNDED
The full rule set for every account, before you sign up.
Read the Afterhours rules
How you pass
Grow a simulated account past the profit target without crossing the loss lines. Clear the evaluation, unlock a funded account, and start earning payouts as you climb. Every figure below is the real number for your account size.
Stage 1
Evaluation
Prove you can trade with discipline. Simulated money, real market prices.
Starting balance
$1,000
Simulated money you trade from day one.
Profit target
$1,030
Grow your balance to here (+3%) and you pass. When you pass, any open positions are closed at market and your result is banked.
Max drawdown
$40
Lose this in total (4% of your start) and the account ends. The one hard line.
Daily loss limit
$20
Lose this in a single day (2%) and we close your positions and lock trading until tomorrow. Your account survives.
Buying power
$3,000
Trade up to this much (3:1 of your starting balance). This ceiling is fixed; it does not change as you win or lose.
Cost to trade
0.07%
Stocks cost 0.07% round trip (0.035% per side, a $0.50 minimum per side); crypto costs 0.05% round trip (0.025% per side, no minimum). Charged on your position size on both entry and exit. Your fill is the fair mid price; the cost is a separate line, never baked into the entry.
Stage 2
Funded
Pass and the limits carry over, now with a real payout on the line.
Funded balance
$1,000
Pass the evaluation and a fresh funded account opens at this size.
Bank profit from
$1,080
Grow it to here (+8%) and banking unlocks.
The drawdown and daily limits above still apply. It is still simulated trading. The payout is the real money.
Stage 3
Getting paid
Your first payout, worked through for this account size.
Say you reach the unlock at $1,080.
Your account keeps a 4% cushion: $1,040 stays with it, and the $40 above that is your payout slice.
You keep 75% of the slice: $30.
In TT dollars at 6.80 per USD: TTD 204.00.
That's under your TTD 540.00 cap per payout, so it lands in full.
Banked profit lands in your wallet as Earnings, and your account keeps trading. Climb back to the unlock and you can bank again.
Before a payout unlocks, your biggest single day must be 40% or less of your total profit. Steady beats lucky.
Close all positions to bank profit. It lands in your wallet on the spot.
Every account
Also enforced
These apply to every funded account, alongside the limits above.
Market hours: Stocks trade during US regular market hours and auto-close before the session close, so nothing is held overnight. Crypto trades around the clock on Day accounts and auto-closes at 1 fixed session wall each day (12:00 AM ET), 24-hour sessions, so no crypto position is held across a wall.
Banking cadence: Funded accounts bank profit on a set trading-day cadence.
Banking cushion: After you bank profit, your account keeps 4% above its starting balance.
Profit cap: Your account can grow to at most +100% (a $1,000 account stops at $2,000).
Profit lock: At the cap, half of your profits are banked for you.
Rules version 2026-09-02.1. Balances in USD, payouts in the currency shown in your wallet.