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How TBM Funded Works

Choose a challenge, prove your trading discipline, receive a simulated Pro Account, and withdraw your rewards via Rise.

80% profit split · 6% max drawdown · 3% daily limit
Registered legal entityRules published before checkoutPayouts via Rise
Three glowing portals representing the capital model — entry, evaluation, and funded rewardThe Capital Model
The model
01

What is a prop firm?

We never ask for your investment capital. You prove your market analysis skills by hitting a published set of objectives in a simulated environment. Upon successful evaluation, you are provided access to a simulated Pro Account, where you can earn real rewards based on your virtual performance.

No investment capital required · Always simulated
01Enter

One-time evaluation

  • You pay a one-time evaluation fee.
  • You operate entirely with simulated funds.
02Demonstrate

Prove performance responsibly

  • Reach virtual targets while respecting drawdown parameters.
  • Risk parameters protect both the participant and the firm.
03Progress

Access capital and earn

  • Pass to receive access to a simulated Pro Account.
  • Payouts are real rewards based on eligible simulated gains.
Start to payout

Four steps, start to finish

Every rule below is published before you pay, and never changes after.

Step 1 of 4

Choose your challenge

Select 2-Step and secure your entry with a single, one-time evaluation fee. Zero subscriptions. Absolutely no recurring charges.

Start Your Challenge →
Challenge account sizes — Soldier $5K through Don $100K
Step 2 of 4

Trade to pass

Two phases on the same account — hit the published profit target in each while staying inside the daily and max drawdown limits for 2-Step, with a minimum number of trading days per phase.

Clearing a phase means:
  • Profit target reached
  • Minimum trading days complete
  • No drawdown breach
  • Trading activity reviewed
Evaluation objectives checklist
PassedKYCPro Account
Step 3 of 4

Get funded

Pass both phases and we issue a simulated Pro Account — you keep trading, now for a share of the profit.

Pro Account confirmation — 80% split, $100K, drawdown protected
Step 4 of 4

Rewards

Real profit becomes real money. Payouts run on-demand or bi-weekly via Rise — consistent performance, consistent payday.

Hit your reward milestones and we also ship:
  • A verified certificate
  • A physical gift box — T-shirt, cap, and bonus platform merch

Terms & conditions apply.

Go to Payouts →
TBM Funded certificate and funded trader gift box
Side by side

Rules snapshot

Every published rule, laid out product by product — pick the one that fits how you trade.

1-Step Challenge

One phase. Pass once, funded.

80%profit split
  • Profit target8%
  • Daily loss3% of day-start balance
  • Max drawdown6%
  • Minimum trading days3
  • First payoutAfter 14 days + 3 trading days
  • Payout cycleOn-demand or bi-weekly
  • Minimum withdrawal$250
Start 1-Step Challenge

2-Step Challenge

The standard evaluation.

80%profit split
  • Step 1 target6%
  • Step 2 target6%
  • Daily loss3% of day-start balance
  • Max drawdown6%
  • Minimum trading days3 / phase
  • First payoutAfter 14 days + 3 trading days
  • Payout cycleOn-demand or bi-weekly
  • Minimum withdrawal$250
Start 2-Step Challenge
Premium

2-Step Rapid

More room, a higher bar, 90% split.

90%profit split
  • Step 1 target9%
  • Step 2 target6%
  • Daily loss4% of day-start balance
  • Max drawdown10%
  • Minimum trading days3 / phase
  • First payoutAfter 14 days + 3 trading days
  • Payout cycleOn-demand or bi-weekly
  • Minimum withdrawal$250
Start 2-Step Rapid

Pro Accounts carry a 6% maximum drawdown — see the FAQ for how it is calculated. Payouts are subject to consistency and rule review.

Ready to start your evaluation?

  • Pro Accounts up to $100K
  • Keep 80% on 2-Step & 1-Step, or 90% on Rapid
  • Payouts via Rise
Quick answers

Frequently asked questions

How does the evaluation work?

It depends which one you buy. 2-Step: 6% then 6%, minimum 3 trading days. 2-Step Rapid: 9% then 6%, minimum 3 trading days. 1-Step: a single 8% target, minimum 3 trading days. Instant: no profit target — the account is assessed continuously, with no minimum trading days. Clear your targets and we set up your Pro Account.

Is there a time limit to pass the challenge?

No — there is no time limit at all, so trade at your own pace. There is a 3-trading-day minimum per phase, which is a floor on activity rather than a deadline: a full 2-Step run needs 6 qualifying days across both phases. (A separate minimum applies before your first payout once you are funded; see the payouts answer.) We'd rather you trade well than trade fast.

How do payouts actually work?

You keep up to 90% of what you earn. Choose on-demand (60% Normal / 70% 2-Step Rapid, no fee, request any time) or bi-weekly (80% Normal / 90% 2-Step Rapid, less a 3% processing fee). Minimum payout is $250, measured on your share after the split and before the fee, paid via Rise.

What happens if I breach a drawdown limit?

A breach ends that challenge, so it's worth knowing the numbers going in. 2-Step Challenge: 3% daily, 6% max, calculated statically. 2-Step Rapid: 4% daily, 10% max, calculated as a trailing end-of-day figure during the evaluation. 1-Step: 3% daily, 6% max, calculated statically. Instant: 4% daily, 7% max, calculated as a trailing end-of-day figure — there is no evaluation stage, so that limit applies from your first trade. Once you are funded, every product uses the same method: the floor trails your highest end-of-day balance, so it rises as you profit and locks in gains you have already made. It is measured on end-of-day closing balances, not intraday equity. The funded limits are 6% on 2-Step and 1-Step and 7% on 2-Step Rapid and Instant. On Instant the floor never rises above your starting balance — once you are ahead by 7% it locks there, so your original capital can no longer be lost. Accounts opened before 30 August 2026 keep the fixed floor they were sold under. Think of it less as a tripwire and more as the edge of the field you're playing on.

What can I trade?

88 symbols across six classes — forex, metals, indices, crypto, US equities and energy — on every account size, at up to 1:100 leverage. Leverage is set per instrument class (forex 1:100, metals and indices 1:30, crypto 1:2, equities and energy 1:10); the full table is on our Trading Rules page. News trading and weekend holding are allowed. No martingale, no grid trading.

When is KYC verification required?

Identity verification (KYC) is required right after you pass Step 2 — before your Pro Account and platform credentials are issued. A separate check confirms your payout destination belongs to you, done at the time of your first payout.

How soon do I get my Pro Account?

After you clear your final phase and complete identity verification, we set up your Pro Account and send your credentials. Your challenge credentials are automatic — those are issued as soon as your payment confirms.

What are the challenge ranks?

Each account size carries a rank on the TBM ladder: Associate ($3K), Soldier ($5K), Capo ($10K), Mad Men ($25K), Boss ($50K) and Don ($100K). The rank is your account size — bigger account, higher rank. Every Don was once a Soldier. (Not to be confused with the in-portal leaderboard tiers — Silver to Sapphire — which you earn through performance.)

What if I fail a challenge — can I try again?

Yes. A breach ends that attempt, not your shot at getting funded. You're welcome to restart whenever you're ready — plenty of funded traders here didn't pass on the first try.