PAY AFTER YOU PASS

Pay 20% today.
The rest after you pass.

Three ways into a Simulated Demo Trading Account up to $200,000: a 2-Step Challenge from $60, a 1-Step Challenge from $98, or the same one-step evaluation with only 20% due at checkout, from $19.60. You keep 80% of the simulated profit you generate.

Start Now How it Works
20% due at checkout 80% profit split Every rule published upfront No deadline

What you buy is a digital product, like any other software purchase. It is not a financial product, not an investment and not a brokerage service. Every account is a demo account.

eTrader Available on eTrader

$200K

Max account size

80%

Profit split

20%

Due at checkout on Pay After You Pass

$60

Accounts starting from

How it Works

Three Steps

Pick a program, pass its evaluation, trade the funded account. No subscription and no deadline at any point.

1

Pick your program

A 2-Step Challenge from $60, a 1-Step Challenge from $98, or Pay After You Pass with 20% down from $19.60. Choose an account size and pay once.

2

Pass the evaluation

Trade on eTrader within the published rules and reach the profit target in each step: 5% per step on the 2-Step Challenge, 7% on the one-step programs. No time limit, and your funded Simulated Demo Trading Account opens the moment you pass.

3

Request a payout

Once your funded account qualifies, request a payout and keep 80% of the simulated profit you generated. Every condition a request has to meet is published in the trading rules.

Three Programs

Pick your Route

Three ways to reach the same funded account: two steps, one step, or one step with only 20% of the fee due today. Every route ends with the same 80% split, the same payout cycle and the same published rules, on any of the five account sizes.

2-Step Challenge

Choose your account size

$100,000
Two steps, a 5% profit target in each. The cheapest way in.
One-time fee
$450 one-time
Two steps, 5% target in eachPass Step 1, then Step 2, and the funded account opens
5% daily / 10% overall drawdown while you evaluateWider limits during the evaluation than on the funded account
Funded on the same termsYou keep 80% of the simulated profit you generate on the funded account
Runs on eTraderWeb, desktop, iOS and Android with one login
No deadline on either stepTake as long as you need. One trade every 5 days keeps it active
Start the 2-Step Challenge
One-time fee, no subscription.
Available on eTrader
1-Step Challenge

Choose your account size

$100,000
One step, one 7% profit target. Half the way to go.
One-time fee
$735 $980 one-time
Save $245 (25%)
One step, one 7% profit targetPass it and the funded account is yours
5% daily / 8% overall drawdown while you evaluateWider limits during the evaluation than on the funded account
80% profit splitSet at purchase, fixed for the life of the account
Runs on eTraderWeb, desktop, iOS and Android with one login
No deadline on the stepTake as long as you need. One trade every 5 days keeps it active
Start the 1-Step Challenge
One-time fee, no subscription.
Available on eTrader
Special Offer
Pay After You Pass

Choose your account size

$100,000
The full fee is the 1-Step Challenge fee. You put down 20%.
Pay today
$147 $735 today
Pay the rest only after you pass
Pay 20% now, 80% after you passThe rest is due only once you pass, before your first payout
One step, one 7% profit targetPass it and the funded account is yours
5% daily / 8% overall drawdown while you evaluateWider limits during the evaluation than on the funded account
Funded on the same termsYou keep 80% of the simulated profit you generate on the funded account
No deadline on the stepTake as long as you need. One trade every 5 days keeps it active
Start & Pay 20% Now
The remaining 80% is due only after you pass, before your first payout.
Available on eTrader
Why Eiger

Transparent Rules

Every point below is set out in full in the Terms & Conditions.

Rules published upfront

Every rule that can fail an account is on this site before you pay, and repeated in full in the Terms & Conditions.

Pay only 20% upfront

With Pay After You Pass, 80% of the fee is due only after you pass the one-step evaluation.

Professional platform

eTrader on web, desktop, iOS and Android, with a data feed updated every 70ms.

Human support

Email support, seven days a week, answered by a person.

No deadline

No time limit and no expiry date. One trade every 5 days keeps the account live.

Payouts

No Delayed Payouts

No processing queue, no batch days, no waiting for a Friday. Approved payouts are released immediately. Every condition a payout request has to meet is published in full in the trading rules, before you pay.

Eiger Funded payout certificate
Eiger Funded payout certificate
Eiger Funded payout certificate
Eiger Funded payout certificate
Eiger Funded payout certificate
Reviews

Traders' Opinions

Traders on Eiger Funded accounts, in their own words.

4.8/5
Rating
2,300+
Traders Funded
$2,880 reward

"I paid $147 to start and settled the rest out of the account after I passed. That is the part no other firm offered me."

MB
Matteo B.Milan, Italy · Pay After You Pass
$4,900 reward

"The rules are the reason I picked it. I read all of them before I paid, and nothing changed afterwards."

NL
Nora L.Stockholm, Sweden · 1-Step Challenge
$6,100 reward

"The drawdown limits are tight, but they are stated upfront and checked the same way every day."

DK
Dmitri K.Tallinn, Estonia · 2-Step Challenge
$3,110 reward

"Clear rules and a support team that answers. I have recommended Eiger Funded to my trading group."

AS
Anna S.Vienna, Austria · 1-Step Challenge

"I compared five firms. Eiger was the only one that published the full rule set before checkout."

VN
Viktor N.Bratislava, Slovakia · 2-Step Challenge
$5,000 reward

"Support answered my ticket properly, with a reference to the rule involved. That matters when a payout is on the line."

LB
Lena B.Zurich, Switzerland · Pay After You Pass

Individual results on simulated demo accounts. Results vary and are not a promise of future performance.

Leaderboard

Top Rewards

Ranked by total rewards on simulated demo results.

#TraderProgramRewards
1Oliver H.London, UK1-Step Challenge · $100K$24,180
2Sofia K.Warsaw, Poland2-Step Challenge · $100K$18,640
3Matteo B.Milan, ItalyPay After You Pass · $50K$14,920
4Lukas M.Berlin, Germany1-Step Challenge · $100K$11,300
5Elena R.Madrid, SpainPay After You Pass · $100K$9,870
6Nora L.Stockholm, Sweden1-Step Challenge · $50K$8,540
7Chloé D.Paris, France2-Step Challenge · $100K$7,920
8Tomás F.Lisbon, Portugal1-Step Challenge · $100K$7,410
9Emma J.Amsterdam, NLPay After You Pass · $50K$6,650
10Jonas P.Copenhagen, DK2-Step Challenge · $25K$5,980

Individual results on simulated demo accounts. Results vary and are not a promise of future performance.

Two Models

US vs. Others

A factual comparison of the two ways an evaluation is paid for.

The usual challenge

Pay in full, pass or lose it

  • The whole fee is due before you place a single trade
  • Fail the evaluation and that fee is spent
  • Time limits on one or both phases
  • A second attempt means buying the evaluation all over again

Eiger Funded

Pay 20%, settle after you pass

  • 20% of the fee at checkout, from $19.60
  • The remaining 80% is due only once you pass, before your first payout
  • No deadline on any step. One trade every 5 days keeps the account live
  • Fail and nothing further is owed. Buy another whenever you choose
Platform

Your account runs on eTrader

Eiger Funded accounts run on eTrader, a third-party trading platform. There is nothing to install. You open a link and trade.

eTrader eTrader
  • A web app in any browser, an installable desktop app, mobile web, plus native iOS and Android apps, all with the same login
  • Real-time candles, drawing tools (trendlines, Fibonacci, channels, shapes and annotations) and a full library of technical indicators across multiple timeframes
  • One-tap order entry. Orders execute in milliseconds on a feed updated every 70ms, backed by hundreds of clustered servers worldwide
  • Live equity and P&L, market-hours awareness, and a news panel and economic calendar inside the terminal

(i) eTrader is a third-party trading platform.

The Model

How a Prop Firm Works

If you have never traded a funded account before, this is exactly what you are buying, and what you are not.

01

You are buying a digital product

The one-time fee buys a digital product: the account, the eTrader platform and the rule engine that checks your trading. It is bought the way you buy any software. It is not a deposit, not an investment and not a financial product. No money is held on your behalf, and there is nothing to withdraw from the fee itself.

02

The account is a demo account

Your Simulated Demo Trading Account prices off the live market, but no order ever reaches a real exchange and no real capital is traded. Every position, every profit and every drawdown on it is simulated, which is why the account can be created the moment you pay.

03

You are paid a reward on performance

Trade inside the published rules and, once your account meets the payout conditions, you can request a payout. You receive 80% of the simulated profit you generated, paid out as a performance-based reward.

04

Losses are never yours to repay

If the simulated account loses money, you owe nothing. There is no debt, no margin call and no claim against you. The loss is simulated. The most you can lose is the fee you already paid, and the account itself if it breaches a rule.

Eiger Funded sells a digital product, not a financial one. We are not a broker: we do not accept client deposits, do not execute orders on a real market on your behalf and do not provide investment advice. Payouts are rewards on simulated demo results under our Terms & Conditions, and the risks are set out in our Risk Disclosure. Passing an evaluation is never certain and simulated results vary.

FAQ

Common Questions

Anything not covered here is set out in the Terms & Conditions.

Is this real money?
No. Every Eiger Funded account is a Simulated Demo Trading Account, sold as a digital product. No real capital is traded and no orders reach a live market. Payouts are performance-based rewards on simulated results, paid under our Terms & Conditions.
What happens if I breach a rule?
The account fails. There are no warnings and no partial penalties. Rules are checked automatically against your trade history, and every rule that can fail an account is published here before you pay.
When is my first payout?
The payout cycle, and every condition a request has to meet, are published in full in the trading rules and repeated in the Terms & Conditions. Both are on this site before you pay.
Do I need KYC?
Yes, before your first payout. Identity verification is required once. You can trade before completing it, but no payout is released until it is done.
Can I use EAs or copy trading?
No. Copy trading, signal services and any automation not approved in writing are prohibited, as are HFT bots and latency arbitrage. Trade correlation is monitored across accounts.
After a breach, can I buy another account?
Yes. A breached account is closed and its simulated profit is forfeited, but you can purchase a new account at any time. Fees are not refunded for breached accounts.
Is there a time limit?
No. The account has no deadline and no expiry. The only clock is the 5-day inactivity rule: place at least one trade every 5 days to keep it live.
Do you offer more than one program?
Yes, three of them. The 2-Step Challenge is the cheapest way in, from $60, and asks for a 5% profit target in each of its two steps under a 5% max daily loss and a 10% max overall drawdown. The 1-Step Challenge asks for 7% once, from $98, under a 5% max daily loss and an 8% max overall drawdown. Pay After You Pass is that same one-step evaluation with only 20% of the fee due at checkout, from $19.60. None of the three has a time limit, and all three open a funded account with the same 80% split.
When do I pay the remaining 80%?
Only after you pass the evaluation step. The balance is due before the first payout from your funded account: pass, settle the remaining 80% of the fee, and request your payout. If you never pass, the remaining 80% is never charged.

Pick your account size

From $60, paid once, or 20% down from $19.60. Pick a program, pick a size, start today.

Start Now