Getting funded | Phoenix Labs Help Center

Question 1

I passed. What happens now?

Accepted Answer

1 Your account is frozen the moment you pass. Trading on the evaluation stops; you have nothing more to prove on it. 2 An anti-cheat review runs. Most passes are cleared automatically within seconds. Some are held for a human to look at; your dashboard shows the account as awaiting verification until it clears, and you are emailed the outcome. 3 You receive the approval email. From that moment you have 48 hours to complete the two steps below. Both must be done inside that window. 4 You verify your identity, once. It unlocks the funded agreement. It is the same identity check as the main Phoenix site, and it never has to be repeated for a later account. 5 You sign the funded agreement in your dashboard and, where your experiment has one, pay the activation fee. 6 Your funded account is created and the evaluation is retired. Its name is your evaluation name with a funded suffix, and it trades under the funded terms you bought.

Question 2

What is the 48-hour signing deadline?

Accepted Answer

The approval email says the funded agreement must be signed within 48 hours of receiving it. This is enforced exactly as written: when the 48 hours run out unsigned, the passed evaluation is declared null and void and the account is closed. The clock starts at the moment the approval email is sent, not at the moment you pass. The identity check has to be completed inside the same window, because the agreement cannot be signed before it. Your dashboard shows the account as void with this reason if it happens. If your approval arrives before a weekend, the window still runs over the weekend. Verify and sign as soon as you see the email.

Question 3

Is there an activation fee?

Accepted Answer

Activation Classic Agile 25K Free on pass Blueprint 25K Free on pass Bedrock $25K Static Drawdown Free on pass Where a fee exists, it is charged once, when you activate the funded account after signing the agreement. It is the price of the seat: an experiment with an activation fee is one whose evaluation is priced below cost on purpose.

Question 4

What does the funded account look like?

Accepted Answer

It is a simulated funded account with the same starting balance as your evaluation, the same drawdown discipline, the same daily loss limit if your evaluation had one, and the funded terms of your experiment: the profit split, the payout cadence, the locked buffer and the payout caps stated on the card you bought. On a trailing-drawdown experiment, the funded floor stops trailing once it reaches your starting balance, or the higher stop its drawdown row names, and never moves again. A funded account that goes 7 days without a trade is closed, unless its rule table names its own inactivity rule.

Question 5

What happens if my funded account breaches its drawdown?

Accepted Answer

It is closed. The dashboard states the reason with the exact numbers, and the account card offers to start a new evaluation. On Blueprint 25K , closing a failed funded account frees your slot immediately, so you can build and buy a new evaluation right away. Payouts already approved are unaffected. Money that has left the account is yours.