Options Funding Review

6.2 out of 10

Options trading · Evaluation and funded phases

Source review

Visit Options FundingAffiliate links may pay us a commission, not a better score. Check current terms before paying.

The short answer

Options traders who need full strategy access: Level 5 on the Growth plan (spreads, condors, butterflies), overnight holds in every phase, and no time limits. You want quick, uncapped money. Every payout needs 8 qualifying winning days with the counter resetting each time, the first four payouts are capped, and the subscription recurs until you pass.

Who it suits

Best for

  • Options traders who need full strategy access: Level 5 on the Growth plan (spreads, condors, butterflies), overnight holds in every phase, and no time limits.

Avoid if

  • You want quick, uncapped money. Every payout needs 8 qualifying winning days with the counter resetting each time, the first four payouts are capped, and the subscription recurs until you pass.

How the 6.2 adds up

Challenge Rules7.6
Payouts5.1
Cost5.1
Platform4.6
Support6.6
Transparency8.6
6.2/10

Editorial category assessment weighted 20% rules, 20% payouts, 20% cost, 15% platform, 10% support, 15% transparency; arithmetic rounded to one decimal.

How we review firms

2 plans, from $209

Evaluation fee, not an account deposit. Listed prices are before promotions unless stated. Check the current contract and checkout.

PlanFromPrices by account size
ExpressMonthly base fees before ADMIN6711B. Buy-only calls and puts. $129 funded activation fee.$209$25K $209 · $50K $249 · $100K $339
GrowthMonthly base fees before ADMIN6711B. Level 5 options strategies. Breaches monitored in real time; $129 funded activation.$269$25K $269 · $50K $349 · $100K $439

Account rules

Express
Profit target10%
Daily lossNone
Maximum drawdown5% intraday trailing
Consistency and daysNo time limit; no minimum days
Growth
Profit target12%
Daily lossNone
Maximum drawdown6% end-of-day trailing
Consistency and daysNo time limit; no minimum days
Trading conditions, eligibility and operator
Evaluation Rules · Evaluation typeOne step, both plans
Evaluation Rules · Profit target10% on Express, 12% on Growth
Evaluation Rules · Time limitNone on any plan
Evaluation Rules · Minimum trading daysNone on any plan
Evaluation Rules · Trailing drawdown5% on Express, 6% on Growth
Evaluation Rules · Drawdown modeIntraday on Express, end of day on Growth
Evaluation Rules · Breach monitoringReal time on both plans, so a breach registers the moment equity crosses the floor
Evaluation Rules · Drawdown lockNone during the evaluation
Evaluation Rules · Redemption after a breach$49, one per evaluation purchase, adds 1.5% extra drawdown room
Evaluation Rules · Funding speedSame day once the passed account is activated
Options Strategies Allowed · Long calls and long putsAllowed on Express and Growth
Options Strategies Allowed · Vertical spreadsGrowth only
Options Strategies Allowed · Iron condorsGrowth only
Options Strategies Allowed · ButterfliesGrowth only
Options Strategies Allowed · Calendars and diagonalsGrowth only
Options Strategies Allowed · Undefined risk and short optionsGrowth only, under Level 5 access
Options Strategies Allowed · Any multi-leg positionBlocked on Express, which is buy only
Options Strategies Allowed · Tradable tickers261 whitelisted symbols, including SPY, QQQ, IWM and DIA
Options Strategies Allowed · Overnight positionsAllowed on every account and in every phase
Options Strategies Allowed · Expiring positionsClosed automatically at 3:55 PM ET, or 4:10 PM ET for SPY, QQQ, IWM and DIA
Funded Account Rules · Activation fee$129 flat, every account size, refunded on the first payout
Funded Account Rules · Trailing drawdown5% on Express, 6% on Growth, reset when the account activates
Funded Account Rules · Drawdown lock balanceStarting capital, after which the floor stops trailing
Funded Account Rules · Redemption after a breachNot available in the funded phase
Funded Account Rules · Profit split80% to the trader
Funded Account Rules · ScalingUp to $1,000,000 across accounts, copy trading on up to 10 accounts
Funded Account Rules · Live phase entryOne third of plan size, scaling to full after clean payout cycles
Trading Conditions · PlatformRixTrade, proprietary and browser based
Trading Conditions · Third party platformsNone. No ThinkorSwim, Tastytrade or IBKR
Trading Conditions · InstrumentsUS equity and ETF options on 261 whitelisted tickers
Trading Conditions · Account phase before fundingSimulated evaluation
Trading Conditions · Live capitalReal firm capital in the third phase
Trading Conditions · Billing modelMonthly subscription, recurring until the trader passes
Trading Conditions · RefundsBilling errors, duplicate charges and confirmed processing failures only
Trading Conditions · ChargebacksCan suspend the account and block payouts during review

Options Funding in numbers

Account sizes
$25K to $100K
Profit target
10% or 12%
Trailing drawdown
5% or 6%
Profit split
80%
Time limit
None
Platform
RixTrade
Payout method
ACH or wire
Trustpilot
3.5 / 5

Payout policy and conditions

Payouts
Profit split80/20
Qualifying winning days needed8 per payout cycle, non-consecutive
What counts as a winning dayRealized profit of $100 on 25K, $150 on 50K, $200 on 100K
Counter resetBack to zero every time a payout is paid
Withdrawal rateUp to 50% of profits per request in the funded phase
Minimum payout$500 on 25K, $1,000 on 50K, $2,000 on 100K
First payout cap$1,000 on 25K and 50K, $2,000 on 100K
Payout methodACH or wire transfer, sent from a Mercury business account
Clearing timeA few business days after approval
Live phase payoutsNo caps, no minimum above $100, all profits withdrawable

Evidence and company

Subscription and activation

Recurring monthly billing until passing. ADMIN6711B gives 80% off recurring Express/Growth charges, not $129 activation; activation refunded at first payout.

Payout friction

8 qualifying winning days each cycle; up to 50% of profits per funded request; minimums and first-payout caps depend on size.

3 questions traders ask

Subscription and activation?

Recurring monthly billing until passing. ADMIN6711B gives 80% off recurring Express/Growth charges, not $129 activation; activation refunded at first payout.

Payout friction?

8 qualifying winning days each cycle; up to 50% of profits per funded request; minimums and first-payout caps depend on size.

Which discount code is listed?

ADMIN6711B: 80% off recurring Express/Growth subscriptions; excludes $129 activation.

Before you choose Options Funding

Match the loss limits, payout conditions and eligibility to how you trade. Read the firm’s current agreement before paying.

Visit Options Funding

Independent editorial review. Affiliate links may pay us a commission, not a better score. Prop trading involves risk; evaluation fees can be lost. Not financial advice.

Related reading: Model a drawdown limit · Check a consistency rule · Read our review methodology · Get your firm listed

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What Options Funding changed lately

Rule and base price changes we spotted on Options Funding's own pages, with the old page archived as proof. How we check and rate changes.

  1. Pro

    Options Funding Pro funded payouts now count realized profit, not risk-adjusted profit

    Pro funded accounts now count realized profit per close for payouts, with no risk adjustment. The 5 positive profit days and 20% best-day cap per payout cycle were already in place. Pro evaluations still count only risk-adjusted profit.

    Old and new values for Pro
    What changedBeforeAfter
    Profit counted for funded payoutsRisk-adjusted eligible profit; a winning round can earn no eligible profitRealized profit per close, with no risk adjustment
    Evidence
    • New value on the firm's own page, checked 6 Nov 2026: optionsfunding.co/ (archived copy)
    • Old value: our daily read of the page on 6 Nov 2026. The page said: You receive 80% of each approved withdrawal. Pro uses risk-adjusted eligible profit for qualification and payouts; a winning round can earn no eligible profit.