> For the complete documentation index, see [llms.txt](https://hyperpnl.gitbook.io/docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://hyperpnl.gitbook.io/docs/challenges-101/how-to-become-a-funded-trader.md).

# How to Become a Funded Trader

To trade with funded capital, you first complete a challenge.

A challenge is a short evaluation phase where you trade under clear and fixed rules to show consistency and risk control.\
The goal is not speed or aggressive trading, but discipline.

### <mark style="color:$warning;">Evaluation Flow</mark>

Each challenge has **two evaluation phases**.

When you purchase a challenge, a demo trading account is created for you.\
You start in **Phase 1**.\
After completing Phase 1 successfully, you move to **Phase 2**.&#x20;

{% @mermaid/diagram content="flowchart LR
T\[Trader]

```
subgraph Challenge
    direction LR
    P1[Phase 1]
    P2[Phase 2]
end

FT[Funded Trader]
W[Withdrawal 80% Profits]
F[FAILED]

T -->|buy challenge| P1
P1 -->|+10% profit| P2
P2 -->|+5% profit| FT
FT -->|any profit| W
W -->|continue trading| FT

P1 -.->|rule break| F
P2 -.->|rule break| F
FT -.->|rule break| F

F -->|start from scratch| T
```

classDef phase fill:#fbbf24,stroke:#b45309,color:#000;
classDef funded fill:#4ade80,stroke:#166534,color:#000;
classDef failed fill:#f87171,stroke:#7f1d1d,color:#000;
classDef rules fill:#e5e7eb,stroke:#374151,color:#000;

class P1,P2 phase
class FT,W funded
class F failed
class R,R1,R2,R3 rules
" %}

You trade on the demo account until you either complete both phases or break a rule.

Each challenge phase includes:

* A profit target
* Loss limits
* Predefined trading rules

If you complete both phases without breaking any rules, you become a funded trader.\
If a rule is broken at any point, the challenge ends automatically.