The ultimate proof of concept for disciplined traders.
Choose a simulated challenge and demonstrate consistency across forex, indices, commodities, shares, cryptocurrencies and prediction event instruments — all through one dashboard, transparent rules and automated progression.
Built in conjunction with CMC Markets for traders who want a more professional, rules-first challenge experience.
In conjunction with CMC Markets · 18+ · Simulated programme only
FTSE 250 Group
35+ Years' Experience
2M+ Global Traders & Investors
Multi-Asset Trading Platforms
CMC Markets Funded combines simulated challenge technology, transparent rules and a CMC Markets-aligned trust layer into one professional trading evaluation experience.
CMC Markets trust layer
Proof-of-concept layer · Simulated programme · Rules-first infrastructure
Adjust account size, risk assumptions and profit split to understand how challenge outcomes can affect simulated results.
Illustrative model only. Not investment advice. Programme terms apply.
Choose a preset account or build your own — every parameter adjusts your challenge fee in real time.
Disciplined traders comfortable with a phased evaluation.
Faster path with stricter risk parameters.
Skip evaluation. Tighter limits, immediate reward stage.
| Rule | Classic 2-Step | Direct 1-Step | Instant |
|---|---|---|---|
| Profit target | 8% / 5% | 10% | — |
| Daily max loss | 5% | 4% | 3% |
| Account max loss | 10% | 6% | 5% |
| Min trading days | 3 | 3 | No minimum |
| Reward split | up to 90% | up to 90% | 80% |
| Time limit | No limit | No limit | No limit |
Account is simulated. Rewards subject to programme terms, KYC/AML and fraud review. Not a brokerage account.
Trade forex, indices, commodities, shares, cryptocurrencies and prediction event instruments through one simulated challenge account.
Active
Phase 1
6
Multi-asset + events
Monitored
Daily & overall
Automated
System-driven
01
Match-Trader
Modern simulated challenge platform with clean account, charting and rules visibility.
02
Market instruments
Forex, indices, commodities, shares and cryptocurrencies in one challenge account.
03
Prediction event instruments
Defined-outcome instruments that contribute to the same simulated account result.
04
Rule status
Daily limits, overall limits and objectives monitored at account level.
Select a challenge, trade within the rules and progress automatically when objectives are met.
01
Match-Trader
Modern simulated challenge platform with clean account, charting and rules visibility.
02
Market instruments
Forex, indices, commodities, shares and cryptocurrencies in one challenge account.
03
Prediction event instruments
Defined-outcome instruments that contribute to the same simulated account result.
Reward-stage eligibility is subject to programme terms, eligibility checks and compliance requirements.
Rules are visible before you start and monitored automatically throughout the simulated challenge.
Rule Framework
Automation cockpit
> rule.daily_limit : ok
> rule.overall_limit : ok
> objective.phase_1 : in_progress (62%)
> progression : automated
Showcase disciplined performance, transparent rules and verified simulated challenge outcomes.
Phase 1 completed in 14 trading days
"The rule visibility made it easy to stay disciplined and within limits throughout the challenge."
Phase 2 completed · consistency verified
"Automated progression took the guesswork out. I always knew exactly where I stood."
Reward-stage eligibility reached
"Trading multi-asset and event-style instruments inside one account is what made this stand out."
Phase 1 completed · 9 trading days
"Clean platform, clean rules, clean dashboard. Felt closer to institutional than retail."
Payouts
Processed
Avg. processing
Automated
Challenge completions
Tracked
Community
Growing
CMC Markets Funded is designed to identify consistency, discipline and account-level risk awareness through simulated challenge performance.
The challenge rewards process, consistency and rule awareness.
Clear objectives and automated monitoring define the challenge experience.
Practise across market instruments and prediction event instruments in one framework.
Simulated performance can help identify traders with repeatable decision processes.
Rules, platform visibility and risk awareness are part of the experience.
Designed to feel closer to financial infrastructure than retail trading hype
Proof is not a promise. It is a process: rules, consistency and account-level discipline.
Connect with traders, follow education updates and stay close to platform releases, rules and challenge improvements.
Traders
Active
Regions
Global
Updates
Weekly
Support
Always
Everything you need to know about CMC Markets Funded challenges. Can't find your answer? Chat with our team.
CMC Markets Funded is a simulated trading evaluation and reward program powered by Match-Trader. Traders are assessed on simulated accounts and can earn real payouts based on simulated trading performance.
All accounts are simulated. That includes evaluation phases and the reward stage.
Yes. Payouts are real, but they are based on simulated trading performance.
The reward stage is the simulated account stage reached after passing an eligible evaluation, or entered immediately in Instant products. It is where real profit sharing applies.
Match-Trader is the backend used for the uploaded challenge configuration pack.
All uploaded challenge configurations are denominated in USD.
All uploaded challenges are configured at 1:500 leverage for base challenges, leverage can be adjusted for custom challenges.
Across the base challenges, the available sizes are 10k, 25k, 50k, and 100k.
CMC Markets Funded is a simulated trading evaluation and reward program powered by Match-Trader. Traders are assessed on simulated accounts and can earn real payouts based on simulated trading performance.
All accounts are simulated. That includes evaluation phases and the reward stage.
Yes. Payouts are real, but they are based on simulated trading performance.
The reward stage is the simulated account stage reached after passing an eligible evaluation, or entered immediately in Instant products. It is where real profit sharing applies.
Classic is a two-step evaluation followed by a reward stage. Direct is a one-step evaluation followed by a reward stage. Instant starts directly in the reward stage with no profit target configured.
Match-Trader is the backend used for the uploaded challenge configuration pack.
Instant 10k is $299, Instant 25k is $499, Instant 50k is $899, and Instant 100k is $1,599.
Classic Phase 1 has an 8% profit target.
Classic Phase 2 has a 5% profit target.
Classic is configured with a 5% max daily loss across all phases.
Classic is configured with a 10% max loss across all phases.
Classic uses Equity for max daily loss calculation and Fixed for max loss type.
Classic challenges feature 3 days of trading as a minimum to pass the base challenge. Of course, clients can choose the “no minimum trading days” add-on to remove that requirement.
Direct has two internal Match-Trader phases: Trader Evaluation and Profit Share. Customer-facing, that is a one-step evaluation followed by a simulated reward stage.
Direct Phase 1 has a 10% profit target.
Direct is configured with a 4% max daily loss across both phases.
Direct is configured with a 4% max daily loss across both phases.
Direct uses Equity for max daily loss calculation and Fixed for max loss type.
Yes. Direct Phase 1 is configured with 3 minimum trading days.
No. The Instant challenge products do not have a profit target configured.
Instant is configured with a 3% max daily loss.
Instant is configured with a 6% max loss.
Instant uses Equity for max daily loss calculation and Trailing Until Initial for max loss type.
Instant is configured at 70% trader / 30% firm. Buying an add-on can increase this split.
Fixed max loss means the maximum loss threshold does not trail upward as the account grows.
Trailing Until Initial means the maximum loss threshold can move up until it reaches the starting balance, then stops trailing.
All uploaded challenges use Equity as the max daily loss type.
Classic and Direct use Fixed max loss. Instant uses Trailing Until Initial.
No, there is no maximum time limit to complete any challenge.
Only if you buy the No Minimum Trading Days add-on on an eligible Classic or Direct challenge. Without that add-on, eligible evaluation products have a 3-day minimum.
The add-on pack features two add-ons: No Minimum Trading Days, Increase Profit Split.
It decreases minimum trading days by 3 and is described as enabling you to pass a challenge in a single day.
It adds a 15% extra fee to the challenge price.
All Classic and Direct challenges support the “No Minimum Trading Days” add-on.
It increases the configured profit split by 10 percentage points.
It adds a 20% extra fee.
Classic and Direct reward-stage split moves from 80% to 90%. Instant moves from 70% to 80%.
It increases max daily loss by 4 percentage points and max loss by 6 percentage points.
It adds a 35% extra fee.
All Classic, Direct and Instant challenges support the Increase Profit Split add-on.
Yes. All trading remains simulated in the reward stage.
Classic and Direct reward-stage split is configured at 80% trader / 20% firm before add-ons.
Instant is configured at 70% trader / 30% firm before add-ons.
No. Signal selection is discretionary and not guaranteed.
No. Signal selection is discretionary and not guaranteed.
Yes, there are no restrictions around news trading.
Yes, standard holding costs apply for positions held overnight and over the weekend.
Please refer to the latest policy page or contact support if you don’t find the answer within this section.
Ready to start?
Pick your simulated challenge and progress automatically.
In conjunction with CMC Markets · 18+ · Simulated programme only
FTSE 250 Group
35+ Years' Experience
2M+ Global Traders & Investors
Multi-Asset Trading Platforms
