Questions, answered.

A prop-trading firm on Monad. You pay a one-time fee for a trading assessment on a simulated account. Pass it and the account becomes funded: you withdraw 80% of the profit you make, in USDC or AUSD, paid onchain.

A proprietary trading firm backs traders with its own money. Instead of risking your savings, you prove your skill on an assessment, then share the profit of a funded account. At MonFunded the account is simulated and payouts come from a public reserve on Monad.

No. MonFunded is a prop firm without MT5: there is nothing to download and no broker login. The charts, the order ticket, the rule meters, your wallet and your payouts are one web app that runs in the browser, on a phone or a computer.

A phone or a computer and a few minutes. Create your MonFunded wallet in the app with a passkey (Face ID, a fingerprint or your device PIN) or with email or Google, add USDC, AUSD or MON for the fee, and pick a plan.

No. Assessment and funded accounts are simulated: a virtual balance priced at live market prices. What is real is the fee you pay and the payouts you receive, both onchain on Monad.

It helps. The rules page explains every limit with examples, and the app explains each term the first time you meet it. If you are new, start with the smallest account: its fee is $89.

Yes. One practice account, shared by every visitor — no wallet and no payment. It runs one $100,000 practice challenge; when it breaches, a fresh one starts by itself, and every past one stays in its history with the reason it ended. Anyone can trade it, so it can be busy. Nothing is ever paid out on it.

From $89 for a $10,000 account to $1,080 for a $200,000 one. It is a one-time fee for one assessment, with no monthly charge. All 5 sizes and fees are in the plans table.

USDC, AUSD or MON, from your MonFunded wallet. A MON payment is swapped to USDC on Kuru inside the same transaction; if the price moves too far, the payment fails and nothing is charged.

Not directly. Challenges are bought from your MonFunded wallet, so your fee and your payouts use the same address. You can fund that wallet from MetaMask or any other wallet on Monad in a minute.

The rules are the same at every size: a 10% profit target, a 3% daily loss limit and a 10% max drawdown, all measured as a share of the account. A bigger account pays a bigger fee and pays you more for the same percentage gain. Start where losing the fee would not hurt.

No. Fees are non-refundable once the account is active, including after a breach. The refund policy covers the exceptions, such as a payment that went through without opening an account.

One step. You pass a single assessment by reaching the 10% profit target, with no second phase and no time limit, and the same account becomes funded.

Reach the profit target without breaking the daily loss limit or the max drawdown. Leverage goes up to Perpl's own maximum on crypto (15× on BTC) and to 50× on forex (30× on metals and indices, 10× on energies and base metals), every position stays open for at least 60 seconds, and orders fill at the next price. There is no time limit. The rules page has worked examples.

At 00:00 UTC. The daily loss limit is measured from your equity at that moment, open positions included.

Two liquidity sources, never mixed up. On Perpl: 8 crypto perpetuals, BTC, ETH, SOL, MON, HYPE, ZEC, LIT, and PUMP, priced from Perpl's order book on Monad; a perpetual follows a coin's price with no expiry, so you can go long or short. From MonFunded liquidity, the firm's own: 95 instruments (7 forex majors, 21 minors and 40 exotics, 12 metals, 3 energies and 12 stock indices), in the simulated challenge only. The app shows each market's source.

The firm's own liquidity for forex and CFDs (metals, energies and stock indices): MonFunded takes the other side of your trades, priced by an institutional feed. Orders are sized in lots and fill at its bid or ask, the real spread with no markup, after a short delay on the server, with up to 50× leverage on forex and at most $5,000,000 per order and per instrument. It exists only in the simulated challenge: the Perps screen trades on Perpl.

You can hold it, and there are no swaps or rollover fees. Forex trades from Sunday 17:00 to Friday 17:00 New York time, and metals, energies and indices in their own sessions, only while live prices arrive, so an instrument closes at weekends and on market holidays, and the app says when it reopens. If the price feed stops, MonFunded liquidity pauses until prices are live again. Open positions stay open and count at their last price; you can close them once the instrument reopens. The reopening's price counts as soon as it is live, so a market that opens away from where it closed can liquidate a position or end the account at that price.

They fill at the next price published after your order reaches the server. That removes any edge from seeing a price a moment early, and keeps the challenge fair for everyone.

The account ends: open positions close at the market price and the fee is not refunded. You can buy a new assessment whenever you like.

Copy trading between accounts, or a shared account (one person behind several wallets, or several people behind one), holds a payout for review. A person then decides: they may end the account for conduct, with the fee kept.

The same account becomes funded. Its balance goes back to the starting size, the daily loss limit and the max drawdown stay, and the target and the clock go away.

A payout takes all the profit above the starting balance at once, once it reaches $10 — there's no amount to choose. The account pauses until it's released or declined; released, it trades on from its starting balance. You receive 80% of it in USDC or AUSD, paid by the contract from its public reserve. Every payout passes an automated review of the rules before it's released; most are then paid automatically and usually arrive within a minute, and some are released by a person on our team after that review.

Every payout is a transaction on Monad, listed on the payouts page with a link to Monadscan. The reserve is the contract's own balance, which anyone can check.

The server signs every withdrawal. If our payout hasn't arrived, you can claim it from the contract yourself with that signature, from the app.

An invitation, once it opens, for top funded traders to trade a real Perpl account that MonFunded funds in AUSD. It is built and not switched on yet; when it is, you trade the account but can't withdraw from it, and our risk engine applies the same limits.

No. Your MonFunded wallet is self-custody: its keys are made on your device from your passkey and never leave it. You can send your coins to any wallet at any time.

A sign-in that uses your device's Face ID, fingerprint or PIN instead of a password. The same passkey also makes your wallet, so there is no seed phrase to write down.

Passkeys sync through iCloud Keychain or Google Password Manager, so your wallet comes back on your new device. You can also export a recovery phrase from the app and keep it somewhere safe.

Send USDC, AUSD or MON on Monad to your address, from an exchange or any wallet, or connect MetaMask, Phantom or Backpack on the fund page.

Your wallet is yours: MonFunded never holds your keys or your coins. Challenge accounts are simulated, so the most you can lose on one is its fee. Only pay fees you can afford to lose. The terms say the rest.