...is that they're not really interested in funding and cultivating successful traders. I'm convinced that having to deal with funding a trader is more of a nuisance to them than something they actually want. The proof is in the pudding. When these programs were initially launched years back the parameters for completing an evaluation were rather unrealistic and it was very clear that they made money simply by selling subscription fees. Fast forward today I'd say the rules for many of these programs are realistic as long as you don't use too much leverage. Still, by design, there are so many rules and restrictions which makes it very clear that they don't really want a trader to succeed long term or in their live accounts. Especially as some of these companies have one set of rules for the evaluation phase and another for the live account as you get funded. One example is the new EOD drawdown rule which Earn2Trade is promoting these days which it turns out only applies for the evaluation phase and NOT the live account. How does this help someone who wants to trade a live account? You managed to pass the evaluation, but now there's a new set of more difficult rules as soon as you're 'funded'. Then you have OneUp which also have much more restrictions as soon as you're trading a 'live' account. Also, as soon as you withdraw profits - you're back to square one in terms of buying power and drawdown. You're always risking your own 'profits'. Never the firms. As far as I know you will never at any point be backed by the firm. It's always your own profits which are at risk. Add to that all the smoke an mirrors in their advertisements. For one - you're certainly not trading a 150K account. You're trading a 5K account at best - as that's the drawdown limit and buying power you have. At the end of the day - do these companies pay you profits? Yes, I think so. And it would be unwise to not do so. However, I'm convinced that they don't really want to do that and far more prefer to collect risk-free subscription fees which ideally you give them on a monthly basis as you try again and again and again. I've read reports of guys that have spent thousands on these fees trying to get funded. Can these firms serve a purpose? Probably. For an intermediate trader it could be beneficial as it could be considered a more serious simulator training practicing risk management and with the possible upside of gaining a live account and pulling some money out of it to fund his own account. At worst - your risk or loss is capped at $200-300 per month. How many traders lost far more than that with their live accounts they opened prematurely? It could also be something to consider if a trader is in a situation where he doesn't want to play with his own risk capital and still want to stay in the game somehow and practice his skill a bit more serious than in a mere simulator. Make no mistake though. I have zero reason to believe the actually want to fund a successful trader long term. If anyone thinks or knows otherwise. Please let me know.