Funded Trading · no challenge, no phases
Prop Firm Explained, and What Replaces the Challenge
A prop firm sells an evaluation: you pay a fee, hit a profit target inside loss limits, then trade a simulated account for a share of the profit. EVEDEX Funded Trading skips all three.
Funded Trading in four numbers
Funded Trading terms from the EVEDEX Help Center, July 13, 2026. Six tiers, own margin → notional: 50 → 1,500; 165 → 5,000; 335 → 10,000; 835 → 25,000; 1,665 → 50,000; 3,335 → 100,000 USDT. Background reading: what is a prop firm and how much do prop traders make.
Four prop firms next to EVEDEX Funded Trading
Entry cost, evaluation and profit split, with the drawbacks of each. Deeper cuts: futures prop firms, cheapest prop firms and how do prop firms make money.
| Firm | Entry cost | Evaluation | Profit split | Drawbacks |
|---|---|---|---|---|
| EVEDEX Funded Trading | From 50 USDT of your own margin | None | 100% to the trader | Web only, no API; margin can be lost in full |
| FTMO | €89 for a $10,000 account | Two steps, 10% then 5% target | Up to 90% | Fee paid upfront; 5% daily and 10% total loss caps |
| FundedNext | From $69.99 for $50,000 futures | Challenge phases, plan by plan | 80%, up to 95% | Promotional pricing; 40% consistency rule |
| Topstep | $49 a month for $50,000 | Trading Combine, then funded level | Up to 90% | Fee recurs monthly; 16.8% of Combines passed in 2025 |
| Earn2Trade | From $150 for $25,000 | Trader Career Path evaluation | Profit share, rate not published | 8.89% of candidates passed in 2025; 30% consistency rate |
Competitor pages checked September 21, 2026: FTMO, FundedNext, Topstep, Earn2Trade. EVEDEX terms as of September 15, 2026.
What EVEDEX Funded Trading does instead
No challenge, no evaluation phase, no split to negotiate — and the money in the position is your own.
You post the margin
Funded Trading raises the notional you can trade, not the balance of your account: 50 USDT of your own margin opens 1,500 USDT of notional, and six tiers run to 3,335 USDT for 100,000 USDT.
No challenge, no phases
There is no profit target, no evaluation stage and no minimum number of trading days. Nothing has to be passed before you trade, and nothing resets if you pause.
All of the profit
No outside capital is granted, so there is no split to agree on: 100% of what you make stays with you, and withdrawal is possible at any moment.
Limits stated plainly
The most you can lose is the margin you posted. Funded Trading runs in the web interface only, with no API access, and covers perpetual futures on the 52 listed pairs.
Start Funded Trading in three steps
From a USDT deposit to an open position, with no evaluation in between.
Log in and deposit
Sign in with a wallet, email or social account and deposit from 6 USDT. There is no traditional KYC; deposits pass automated AML screening with Chainalysis.
Post your own margin
Move 50 USDT into Funded Trading for 1,500 USDT of notional, or up to 3,335 USDT for 100,000 USDT. The margin stays yours until a trade loses it.
Trade 52 perpetual pairs
The notional covers perpetual futures on 52 pairs, open 24/7 under cross margin in USDT, with fees capped at 0.015% maker and 0.045% taker.
Prop firm, funded account or broker?
Three models are easy to confuse, and the difference comes down to whose money sits in the position.
A prop firm sells an evaluation: pay a fee, trade a simulated account to a profit target inside daily and total loss limits, and keep a share of the simulated profit if you pass — up to 90% at FTMO and Topstep, up to 95% at FundedNext. A broker charges spread or commission on your own capital. EVEDEX Funded Trading sits on the broker side: the margin is yours, the notional is leverage rather than granted capital, and nothing granted means nothing to split.
Prop firm questions, answered
A proprietary trading firm, or prop firm, sells access to a trading account it controls. The retail model works in two moves: you buy an evaluation, then trade a simulated account and keep a share of the profit. FTMO charges from €89 for a $10,000 evaluation and pays up to 90%.
Mostly from evaluation fees, because most candidates never reach the funded stage. Topstep published that 16.8% of all Trading Combines started in 2025 were completed successfully, and Earn2Trade published a 2025 pass rate of 8.89%. Monthly subscriptions, resets and add-ons top up the same revenue line.
No. EVEDEX is a hybrid perpetual futures exchange, and its Funded Trading feature is not a classic prop programme: no capital is handed over, no evaluation is sold, and there is no profit split. You post your own margin and receive a larger notional to trade with.
A prop firm sells the evaluation; a funded account is what you get after passing one, usually simulated and governed by daily and total loss limits. On EVEDEX there is no evaluation and no granted account: Funded Trading multiplies the notional on the margin you post yourself.
No. There is no challenge, no verification stage, no profit target and no minimum number of trading days. You move margin into Funded Trading and open a position immediately. Because nothing was granted, there is also nothing to fail, and no reset fee to pay if a position goes wrong.
There is no fee for access. Entry is 50 USDT of your own margin, which opens 1,500 USDT of notional, and the ladder runs to 3,335 USDT for 100,000 USDT. The exchange minimum deposit is 6 USDT and the minimum order is 5 USDT, with trading fees capped at 0.015% maker.
There is none, because EVEDEX contributes no capital to the position. The trader keeps 100% of the profit and can withdraw at any time. For comparison, FTMO and Topstep advertise up to 90% of simulated profit and FundedNext up to 95%, checked on September 21, 2026.
At most the margin you posted. There is no daily loss rule and no trailing drawdown to breach, because the ceiling is simply the size of your own margin. A larger notional also means a smaller adverse move wipes it out, so position sizing matters more, not less.
