NFA MARKETS Funded Trading Program Reference Rule Changes Fee Schedules Payout Terms Platform Access
Funded trading market information

One reference point for funded account terms.

NFA Markets organizes the commercial terms of funded trading programs into a consistent public format — so fees, drawdown methods, payout schedules, platform access, and rule changes can be read without working through multiple terms pages.

Program lookup
Search returns the current reference sheet and recorded rule-change history for a listed program.
Market Board

Programs are shown by terms, not promotional claims.

The board uses a standardized set of fields so materially different account structures can be compared on the same page.

Program
Account Type
Drawdown Method
Payout Cycle
Reference Status
Two-Step EvaluationStandard account structure
SIM → FUNDED
END-OF-DAY
14 DAYS
Terms Recorded
One-Step EvaluationSingle target structure
SIM → FUNDED
TRAILING
ON REQUEST
Review Required
Direct FundedNo evaluation phase
FUNDED
STATIC
30 DAYS
Terms Recorded
Reference fields

The details most likely to change the economics of an account.

FIELD / 01

Total Entry Cost

Evaluation fee, activation fee, recurring platform charges, reset charges, and any required add-ons are separated rather than shown as one headline price.

FIELD / 02

Loss Limit Method

Static, trailing, intraday, and end-of-day drawdown methods are identified using the same terminology across listed programs.

FIELD / 03

Payout Conditions

Minimum trading days, consistency requirements, payout frequency, minimum withdrawal amounts, and profit split conditions are recorded separately.

FIELD / 04

Execution Environment

NFA Markets identifies whether a program describes the account as simulated, live, selectively routed, or otherwise structured by the firm.

FIELD / 05

Restricted Activity

News trading, overnight holding, automated systems, copy trading, latency strategies, and other material restrictions are normalized into a common reference format.

FIELD / 06

Platform Availability

Supported trading platforms, data connections, regional access restrictions, and account migration limitations are recorded by program.

FIELD / 07

Account Closure Terms

The reference sheet identifies the published circumstances under which a firm may reject a payout, close an account, or require additional review.

FIELD / 08

Material Change History

Changes to drawdown, payout, fee, platform, and prohibited-strategy terms are retained as dated entries rather than silently overwritten.

Rule Change Tape

A terms page tells you what applies now. The change tape tells you what moved.

NFA Markets records material amendments to listed programs and classifies the type of change so traders can identify changes that affect account economics or trading behavior.

Payout Terms

Changes to payout eligibility or review timing

Recorded when a program changes minimum profitable days, withdrawal frequency, review windows, or profit split conditions.

MATERIAL CHANGE
Trading Rules

New or revised prohibited trading activity

Recorded when copy trading, automated execution, event trading, position holding, or other strategy restrictions are materially revised.

RULE CHANGE
Pricing

Changes to required program costs

Recorded when evaluation, activation, subscription, reset, platform, or mandatory data fees are added, removed, or changed.

PRICE CHANGE
Methodology

The objective is comparability, not a score.

NFA Markets converts firm-published terms into a fixed reference schema. It does not turn those fields into a “best firm” ranking or estimate a trader’s likelihood of receiving a payout.

01
SourceProgram terms, pricing pages, disclosures, and other firm-published materials are collected for each reference sheet.
02
NormalizeEquivalent concepts are mapped to standard field names while preserving the firm’s specific conditions.
03
ReviewMaterial terms are checked for internal consistency before a program reference sheet is published or updated.
04
ArchiveMaterial changes are dated and retained so a current rule does not erase the prior reference record.
Independence
NFA Markets is operated by Network for Funded Accountability. It is not a broker, trading platform, investment adviser, government agency, or exchange, and it is not affiliated with the National Futures Association. Inclusion in NFA Markets is a reference listing and is not an endorsement, license, or statement that a trading program is suitable for any person.