Options Funding FAQ

Question 1

What is Options Funding?

Accepted Answer

A funding program for options traders. Pass a simulated evaluation to qualify for payouts and potentially a live account.

Question 2

How is Options Funding different from a brokerage account?

Accepted Answer

A brokerage account uses your own capital. Options Funding gives you a simulated evaluation account first, then a funded account funded by the firm. You do not put up trading capital. You pay a monthly subscription for the evaluation. If you reach Live, that subscription is refunded.

Question 3

Who is Options Funding for?

Accepted Answer

Active options traders who want capital and rule clarity. No minimum trading days. No time limit to pass. Single legs on Express, full multi-leg on Growth.

Question 4

Where do I find the exact rules?

Accepted Answer

The Rules page is the source of truth. Every dollar amount, percentage, and threshold lives there.

Question 5

What do I do first after signing up?

Accepted Answer

Log in, look at the dashboard, read the Rules page, and start trading. No minimum trading day or warm-up period.

Question 6

Is there a free trial?

Accepted Answer

There is no free trial. The evaluation subscription begins on purchase. You can cancel anytime to stop future charges. Access continues until the end of the current billing period.

Question 7

Do I need to be in the US?

Accepted Answer

No. Traders outside the US can use Options Funding. KYC and tax forms differ for non-US traders.

Question 8

How do I get started right now?

Accepted Answer

Pick an account size on the homepage, complete checkout, and trading access opens. Most accounts are available within minutes.

Question 9

How is an options prop firm different from a futures prop firm?

Accepted Answer

Options trading allows defined-risk multi-leg strategies, premium selling, and overnight holds without futures-style settlement. Options Funding is built for options-first traders with rules that allow Level 5 strategies on Growth and a buy-only single-leg path on Express.

Question 10

Why is the Evaluation simulated instead of real money?

Accepted Answer

Simulated environments let traders prove their edge without your own capital at risk. We carry the firm risk for accounts that pass into Funded and Live. The simulation uses real market data so results map cleanly to live conditions.

Question 11

What happens when I buy an account?

Accepted Answer

You get access to your evaluation account and can start trading right away.

Question 12

Is there a time limit to pass the evaluation?

Accepted Answer

No. There is no time limit.

Question 13

Can I have more than one account at once?

Accepted Answer

Yes. Unlimited accounts are allowed.

Question 14

What account sizes are available?

Accepted Answer

We offer $25K, $50K, and $100K evaluation accounts.

Question 15

What is the difference between Growth and Express?

Accepted Answer

Growth uses end-of-day drawdown, allows Level 5 options including spreads and undefined risk, has a 12 percent profit target and a 30 percent consistency cap. Express uses intraday drawdown, is buy-only on single-leg long calls and long puts, and has an 10 percent profit target with no consistency cap in Evaluation.

Question 16

How much does each plan cost?

Accepted Answer

Growth: $239 for $25K, $319 for $50K, $409 for $100K. Express: $179 for $25K, $219 for $50K, $309 for $100K. Monthly subscription. The subscription is refunded when you reach Live.

Question 17

Can I cancel my subscription?

Accepted Answer

Yes. Cancel anytime to stop future charges. Access stays active until your current billing period ends.

Question 18

When do I get billed?

Accepted Answer

On purchase and then monthly on the same day. The first charge happens at checkout.

Question 19

What happens if my card fails?

Accepted Answer

We may retry the charge. If it continues to fail, access pauses until the issue is fixed. Update your card in dashboard billing.

Question 20

Are payment details secure?

Accepted Answer

Yes. Payments are processed by Stripe and we do not store full card numbers on our servers. See the Privacy Policy for vendor details.

Question 21

Do you offer refunds?

Accepted Answer

Fees are generally nonrefundable. Refunds are only considered for billing error, duplicate charge, or a confirmed processing failure. See the Terms page.

Question 22

What does "refunded when you go live" actually pay out?

Accepted Answer

The refund is the monthly subscription amount of the plan you reached Live on: $409 (Growth 100K), $319 (Growth 50K), $239 (Growth 25K), $309 (Express 100K), $219 (Express 50K), $179 (Express 25K).

Question 23

I canceled but got charged. What should I do?

Accepted Answer

Contact support with your account email and the charge details so we can review it.

Question 24

I was charged twice. What should I do?

Accepted Answer

Contact support with your account email and the two charge timestamps.

Question 25

My payment went through but I do not have access. What now?

Accepted Answer

Try logging out and back in. If access is still missing, contact support with your purchase email and payment receipt.

Question 26

What is the fastest way to fix a billing issue?

Accepted Answer

Use the Contact page and include your account email plus any charge timestamp or receipt.

Question 27

What happens if I file a chargeback?

Accepted Answer

Chargebacks can lead to account suspension and loss of access. If you have a billing issue, contact support first.

Question 28

Can a chargeback hurt my ability to get a payout?

Accepted Answer

Yes. A pending or resolved chargeback can block payouts while our risk team reviews. The cleanest path is to contact support directly for billing issues.

Question 29

Can I purchase a new account after a chargeback?

Accepted Answer

New purchases may be blocked while a chargeback is unresolved. Once the chargeback is closed, contact support to review access.

Question 30

Does canceling my subscription close my Funded or Live account?

Accepted Answer

Funded and Live accounts continue based on rule compliance independently of any active Evaluation subscription. Canceling the Evaluation subscription only stops future Evaluation charges.

Question 31

What does "drawdown" mean in plain English?

Accepted Answer

Drawdown is your max allowed loss. We use trailing drawdown, which follows your highest account equity. If you touch the drawdown floor, the account is closed.

Question 32

What is the trailing drawdown size on each plan?

Accepted Answer

Growth: 6 percent of account size. Express: 5 percent of account size. In dollars: Growth gives $1,500 (25K), $3,000 (50K), $6,000 (100K). Express gives $1,250 (25K), $2,500 (50K), $5,000 (100K).

Question 33

Show me a numeric example of trailing drawdown.

Accepted Answer

Growth $50K example: starting balance $50,000, trailing drawdown $3,000, drawdown floor starts at $47,000. You finish day one up $2,000 (balance $52,000). End-of-day floor moves to $49,000. You finish day two up another $1,000 (balance $53,000). Floor moves to $50,000. If you give back $3,000 and touch $50,000, the account is closed.

Question 34

How does end of day drawdown work?

Accepted Answer

The drawdown floor updates once per day at market close. If you touch it intraday, the account still closes.

Question 35

How does intraday drawdown work?

Accepted Answer

The drawdown floor updates in real time as your highest equity changes. If you touch it, the account closes.

Question 36

Does drawdown ever stop trailing?

Accepted Answer

In Funded and Live phases, drawdown can lock after you reach the lock balance. See the Rules page.

Question 37

What is "drawdown lock"?

Accepted Answer

Once your balance reaches the lock balance, the trailing drawdown stops following you and becomes static at that level. The lock balance is your starting capital ($25K, $50K, or $100K depending on plan). Lock applies in Funded and Live, not in Evaluation.

Question 38

What happens to the drawdown after my first payout?

Accepted Answer

After your first payout on a Funded account, the trailing drawdown stops moving and the floor stays at your starting balance. You can keep trading and request future payouts as profits build, but if your simulated balance returns to the starting balance, the account closes under the standard drawdown rule.

Question 39

Do you have a consistency rule?

Accepted Answer

Some phases limit how much progress can come from a single day. See the Rules page for thresholds by plan and phase.

Question 40

What is the consistency rule on the Growth plan?

Accepted Answer

In Evaluation: no single trading day can be more than 30 percent of your total Evaluation profit. In Funded: no single day can exceed 30 percent of that payout cycle gains. The Express plan has no Evaluation consistency rule. In Funded, Express limits daily gain to 50 percent of cycle gains.

Question 41

Does consistency disqualify me if I have one huge day?

Accepted Answer

No. You are not disqualified. You simply need more total profit so the big day share drops to or below the cap. Example: a $1,200 day with a 30 percent cap means your total cycle profit must reach $4,000 so $1,200 divided by $4,000 equals 30 percent.

Question 42

What is Evaluation Redemption?

Accepted Answer

Available on all plans (Growth and Express). If you breach drawdown during Evaluation, you can buy a one-time redemption for $49. Your account resets to the max drawdown level with an extra 1.5 percent of drawdown room. Other rules stay the same.

Question 43

Is Evaluation Redemption available in Funded?

Accepted Answer

No. Redemption is Evaluation only.

Question 44

Can I purchase Evaluation Redemption more than once per account?

Accepted Answer

No. Redemption is a single-use reset per Evaluation account. If you breach again after redeeming, the account is closed.

Question 45

Does Evaluation Redemption keep any of my profit progress?

Accepted Answer

No. Redemption resets account value to the max drawdown level with +1.5 percent extra drawdown room. Profit progress toward the target resets.

Question 46

Does a flat day count toward consistency?

Accepted Answer

Consistency measures the share of total profit produced on a single day. A flat or losing day contributes zero to the share and does not push your biggest day over the cap.

Question 47

What is the profit target?

Accepted Answer

Growth: 12 percent of account size. Express: 10 percent of account size. In dollars: Growth gives $3,000 (25K), $6,000 (50K), $12,000 (100K). Express gives $2,500 (25K), $5,000 (50K), $10,000 (100K).

Question 48

Is there a minimum number of trading days to pass?

Accepted Answer

No. You can pass in one day if your trades fit consistency and drawdown.

Question 49

Can I pause my Evaluation account?

Accepted Answer

There is no separate pause feature. If you do not trade, time does not penalize you - there is no time limit to pass. Cancel the subscription only when you are sure you are done; access ends at the billing-period end.

Question 50

Can I switch from Express to Growth (or vice versa) mid-evaluation?

Accepted Answer

Plans are separate accounts, not toggles. Buy a new plan in the family you want; the original keeps running until you cancel or breach.

Question 51

Can I run a Growth and an Express account at the same time?

Accepted Answer

Yes. The two families are independent. Each account is tracked on its own rules and drawdown.

Question 52

What can I trade?

Accepted Answer

Options on whitelisted tickers only. See the ticker whitelist.

Question 53

Where is the ticker whitelist?

Accepted Answer

/ticker-whitelist has the searchable list. Requests for new tickers go to support@optionsfunding.co.

Question 54

Can I trade SPY, QQQ, and SPX?

Accepted Answer

If the ticker is on the whitelist, yes. SPY and QQQ are typical inclusions; SPX availability varies. Check /ticker-whitelist.

Question 55

Can I trade 0DTE options?

Accepted Answer

Yes, on supported tickers. Follow the expiration cutoff rules. Expiring positions are auto-closed at 4pm Eastern on expiration day.

Question 56

Can I hold positions overnight?

Accepted Answer

Yes. Overnight positions are allowed in every phase on all accounts.

Question 57

Can I trade big news (CPI, FOMC, earnings)?

Accepted Answer

Yes. News trading is allowed.

Question 58

What happens if I do not close an expiring position?

Accepted Answer

Expiring positions must be closed before the cutoff time on the Rules page. If you do not, positions are automatically closed at 4pm Eastern to eliminate assignment risk.

Question 59

What happens on market holidays or early closes?

Accepted Answer

Hours and cutoffs follow the market calendar. On early close days, cutoffs can be earlier.

Question 60

I placed a trade and it did not fill the way I expected. What can I do?

Accepted Answer

We do not guarantee fills. If you think something is wrong, contact support with your order details.

Question 61

Can I trade while traveling?

Accepted Answer

Yes. Trading is online. If you run into access issues, contact support.

Question 62

Can I trade from my phone?

Accepted Answer

Yes. The platform is online and accessible from a mobile browser. If access is blocked from a location, contact support.

Question 63

Can I trade through a VPN?

Accepted Answer

Trading over a VPN is generally allowed but may introduce latency. Some VPN exit nodes are blocked by payment risk controls; if you hit a wall, disable the VPN for the affected action.

Question 64

Can I trade the same account from two devices at once?

Accepted Answer

Yes. The same account can be open in two sessions, though only one set of orders should be live at a time to avoid conflicting state.

Options Funding Knowledgebase

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