How Prop Trading Evaluation Works at NEOM Funded
The path from aspiring participant to funded professional at NEOM Funded follows three clear steps: choose your challenge, pass the evaluation, and start participating with a simulated funded evaluation account. Our process is designed to be straightforward, transparent, and achievable for Participants with genuine skill and discipline. Here is everything you need to know about how simulated evaluation participation works.
Step 1: Choose Your Challenge
Browse our selection of trading challenges across forex markets. Select the market you want to trade, the account size that fits your goals (from $5K to $100K), and the evaluation type that matches your confidence level. One-phase evaluations require hitting a single Evaluation Goal for faster funding. Two-phase evaluations split the target across two stages for less per-phase pressure. Instant funding options skip the evaluation entirely for Participants who want to start immediately.
Step 2: Pass the Evaluation
Once you purchase your challenge, you receive trading credentials and can begin your evaluation immediately. Your objective is to reach the Evaluation Goal while staying within the daily drawdown limit (4-5%) and maximum drawdown limit (8-10%). There is no time limit on most evaluations, so you can trade at your own pace. All trading strategies are permitted, including scalping, swing trading, news trading, and Expert Advisors. When you hit the target, your account is reviewed and approved, typically within 24 hours.
Step 3: Get Your Simulated Funded Account and Start Participating
After passing your evaluation, you receive a simulated evaluation participation account with the same balance and conditions. Every profitable trade earns you virtual rewards through our Performance Reward model. Reward Coefficients start at 80% and can increase to 90% based on your plan type and performance tier. Performance Rewards are processed same-day with an average turnaround of 8 hours. As you demonstrate consistent profitability, our scaling program increases your account size, unlocking even greater Performance Reward eligibility potential.
The NEOM Funded Advantage
- No Consistency Rules: Trade your own way without arbitrary restrictions on daily performance.
- Progressive Reward Coefficient: Up to 90% as you prove your abilities.
- Same-Day Performance Rewards: Get paid fast with industry-leading processing speed.
- Scaling Program: Grow your account size up to $100K as you hit milestones.
- Multi-Market Access: Trade forex, indices, commodities, stocks, and metals.
Participants worldwide have chosen NEOM Funded to access simulated trading accounts, with Performance Rewards distributed to funded Participants – availability depends on jurisdiction; residents of certain countries, including the US, are restricted. Visit our pricing page to choose your challenge and take the first step toward simulated evaluation participation today.