What is the difference between Challenge accounts, Prime accounts, and Live accounts with YRM Prop?

Each account type at YRM Prop represents a different stage in our trader evaluation and funding process:

Account TypePurposeKey FeaturesTrading Environment
Challenge AccountEvaluation phase to demonstrate trading skills• Time-limited assessment
• Must meet profit target
• Must follow all trading rules
• Entry fee required
Simulated
Prime AccountIntermediate funded phase after passing challenge• 90/10 profit split
• 40% consistency rule applies
• Minimum $300 profit over 5 days for payouts
• Payouts processed within 24 hours
• Activation fee required
Simulated
Live AccountAdvanced funded phase for proven traders• Same 90/10 profit split
• Opportunity for account scaling
• Selected by management based on consistent performance
Live market

The progression from Challenge to Prime to Live accounts allows us to gradually evaluate traders while providing increasing opportunities. Challenge accounts test basic profitability, Prime accounts assess consistency over time, and Live accounts represent our highest level of confidence in a trader’s abilities.

While both Prime and Live accounts offer the same profit-sharing structure, Live accounts trade with real capital in the markets rather than in a simulated environment, and are offered only to traders who have demonstrated exceptional consistency.