What Is an Evaluation Account?

1 min. readlast update: 04.26.2025

An Evaluation Account allows a trader to assess their trading skills without risking a large amount of personal capital. For a small fee, the trader can control the number of contracts based on the selected account size. Trading takes place in a simulated market designed to closely mimic live market conditions. Once a trader has completed an Evaluation Account, they will be required to pay a one-time administrative fee of $129 to move to a Funded Account.

You can have a maximum of 3 Sim-style accounts at any one time. This includes Evaluation Accounts, Funded Accounts, Sim Brokerage Accounts, and Ultra Accounts. The limit applies to any combination of account types and sizes.

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