How it Works

Choose Your Challenge

Start by selecting an account size and challenge type that fits your trading style and goals. Account sizes range from $25,000 to $200,000. You can choose a Standard Challenge, a No Activation Fee Challenge, or go straight to a funded account with our Direct to Funded option. Pricing is clearly displayed at checkout — no hidden fees.

Step 1

Pass the Evaluation

The evaluation is a structured trading challenge where you trade with simulated capital and work to hit a defined profit target while staying within clearly stated risk limits. There is no time limit — take as long as you need. The rules are simple: hit the target, manage your risk, and trade consistently. Your evaluation rules are published on the platform before you buy so you know exactly what you're working toward.

Step 2

Get Funded

Once you hit the profit target and satisfy the evaluation requirements, your account moves to funded status. You now have access to a simulated funded account — up to $200,000 — and can begin generating real payouts from your trading profits.

Step 3

Get Paid

As a funded trader, you keep 90% of the profits you generate. You can request a payout every 5 calendar days. There are no arbitrary waiting periods, no complicated hoops. Follow the rules, trade consistently, and get paid on your schedule.

Step 4

Live Trading

The top performers — traders who demonstrate exceptional consistency and discipline over time — may be considered for live trading opportunities. This is the highest level of the P1 Futures program and is reserved for traders who have proven themselves at every stage. Most traders build a strong, sustainable income at the funded account level without ever needing to reach Stage 3.

Step 5

What Are Futures?

Futures are financial contracts that allow traders to buy or sell an asset at a predetermined price at a specific point in the future. They are one of the most actively traded instruments in the world, covering everything from stock market indices like the S&P 500 and Nasdaq, to commodities like crude oil and gold, to treasury bonds and currencies.

Futures markets are fast-moving, highly liquid, and available to trade nearly 24 hours a day, five days a week. This makes them a popular choice for active traders who want flexibility and opportunity across multiple market sessions.

At P1 Futures, all trading is conducted in a simulated environment. This means no real assets are bought or sold on your behalf — ever. You trade with virtual capital, and your performance is measured against defined targets and rules. If you succeed, you receive real payouts based on your results.

Understanding Your Drawdown

Drawdown is one of the most important concepts in funded trading — and P1 Futures uses one of the most trader-friendly drawdown structures available.

P1 Futures uses end-of-day trailing drawdown with a cap at your starting balance. This means your maximum loss limit moves up as your account grows — but it never goes above your starting balance, and it never goes down.

Here is a simple example using a $50,000 account:

You start at $50,000. Your maximum loss limit (MLL) is $48,000.
You grow to $51,000. Your MLL moves up to $49,000.
You grow to $52,000. Your MLL moves up to $50,000 — and stops there.
You grow to $60,000. Your MLL stays at $50,000.

Once your MLL reaches your starting balance, it is locked there permanently. It does not reset after payouts. It does not go down. Your starting capital is protected and everything above it is yours to trade freely.

Important Notes

P1 Futures is a simulated trading evaluation platform. All trading activity is conducted using virtual, simulated funds. No real assets, securities, currencies, or futures contracts are bought or sold on your behalf at any time. Payouts are performance-based payments made by P1 Futures — they are not investment returns, financial products, or regulated financial services.

Trading involves risk. Performance in a simulated environment does not guarantee equivalent results in live markets. Please review our full Terms and Conditions and evaluation rules before purchasing. By completing a purchase, you acknowledge that you have read and understood the rules and agree to be bound by our Terms.

How Trading with P1 Futures Works