// TRADING TERMINOLOGY

What is Funded Account?

A live trading account funded with a prop firm's capital after a trader passes the firm's evaluation process, rather than the trader's own money.

In-Depth Explanation

Read the full guide: [What Is a Prop Firm?](/basic/what-is-a-prop-firm)

Practical Example

"After passing a two-phase evaluation, a trader receives a £100,000 funded account and keeps 80% of any profits generated."

Master the language of risk

Knowing the terms is just the start. Learning how to apply them is where the edge is found.

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