Select the account size and challenge type that fits your trading strategy. Start your evaluation and get funded.
Leverage
Platforms
Profit Share
Review the rules, profit targets, and risk limits across each challenge model to choose the path that fits your trading strategy.
| Feature | 2-Step Challenge | 1-Step Challenge | Instant Access |
|---|---|---|---|
| Profit Target | Phase 1: 8% / Phase 2: 5% | 10% | None |
| Phase 1 Target | 8% | — | — |
| Phase 2 Target | 5% | — | — |
| Max Loss | 10% | 10% | 8% |
| Daily Loss | 5% | 5% | 4% |
| Min. Trading Days | 4 | 1 | 0 |
| Evaluation Type | Two Phase | Single Phase | None |
| Trading Period | Unlimited | Unlimited | Unlimited |
| Profit Split | 70% | 70% | 70% |
| Fee Refund | Yes (100%) | Yes (100%) | No |
| Platform | Match Trader | Match Trader | Match Trader |
| Leverage | 1:500 | 1:500 | 1:500 |
| Scale Eligible |
Yes ($50K & $100K) No ($10K & $25K) |
Yes ($50K & $100K) No ($10K & $25K) |
Yes ($50K & $100K) No ($10K & $25K) |
| Instruments | 1000+ | 1000+ | 1000+ |
Trade simulated accounts, demonstrate your strategy, and earn real payouts based on performance. CMC Markets Funded evaluates trading skill in a controlled simulated environment while rewarding consistent performance.
1
Select the evaluation program that fits your trading style — Two-Step Challenge, One-Step Challenge, or Instant Access. Secure your spot with a one-time payment and receive your trading credentials within minutes.
Instant Setup
Secure Checkout
One-time Fee
Trade your simulated account while respecting the program’s risk limits and profit objectives. Depending on the program you select, you may complete one evaluation phase, two evaluation phases, or begin trading immediately in the reward stage.
Real-time Monitoring
1000+ Instruments
2
Auto Risk Tracking
Traders who meet the program requirements progress to a simulated reward-stage account with real profit sharing. All trading continues to take place on simulated accounts, but traders may earn real payouts based on their simulated trading performance.
No Time Limit
Reward Stage
3
Real Payouts
Request payouts based on your simulated trading profits and continue building your track record. Top-performing traders may also have their trades evaluated as signals for the firm’s proprietary master trading account, where strategies may be mirrored under strict risk management.
Up to 90% Profit Split
Scale to $200K
4
Talent Recognition
4.9/5
Trustpilot Rating
< 24h
Avg. Payout Time
98%
Challenge Pass Satisfaction
Zero
Hidden Fees
Connect with thousands of traders worldwide. Share strategies, celebrate payouts, and get real-time support from our dedicated team and experienced community members.
Active Traders
Messages / Month
Countries
Avg. Response Time
Everything you need to know about CMC Markets Funded challenges. Can't find your answer? Chat with our team.
A simulated trading challenge lets you prove your trading skills using virtual capital. You trade on real market conditions with simulated funds. Once you pass both evaluation phases, we fund you with a live account where profits are real.
Most traders receive their funded account within 2–4 weeks of starting. There’s no time limit on the challenge — you can take as long as you need. Once you pass Phase 2, your funded account is activated within 24 hours.
Yes. Your challenge fee is fully refunded with your first profit payout. If you pass and withdraw your profits, the fee comes back to you — meaning your challenge essentially costs nothing.
Your profit split ranges from 50% to 90% — you choose when setting up your challenge. There are no hidden fees or deductions. Payouts are processed within 24 hours of your request.
Yes. All CMC Funded accounts allow news trading. We believe in giving traders the full freedom to trade their strategy — including around major economic events and data releases.
All CMC Markets Funded accounts — whether evaluation challenges or Instant Access — support both Match Trader and MT5. Match Trader is our recommended modern platform; MT5 is the industry-standard alternative.
If you breach a drawdown rule during the evaluation, the challenge resets. You can restart at a discounted rate. During the funded phase, breaching a rule closes the account — but you can always purchase a new challenge.
No restrictions on when or how often you can request payouts. Your first payout is available after 30 days of trading. After that, you can request withdrawals anytime you have profits to split.
