Evaluation Programs

Pay Later Model –
Start Trading Before You Pay

Remove the biggest barrier to entry for new traders. The Pay Later model lets traders begin their evaluation with zero upfront cost — the program fee is automatically deducted from their first profits once funded.

Zero Upfront Fee
Pay From First Profits
Higher Sign-Up Volume
Risk-Controlled
Launch Your Prop Firm View Pricing
$0
Upfront Cost to Trader
3× More
Sign-Up Volume
Auto
Fee Deduction
Pay Later Evaluation Dashboard
trader_ryan_41 — Phase 1 ◎ Evaluating
trader_sofia_28 — Funded ● Live
trader_kai_15 — Fee Pending ⏳ Deducting
trader_nora_07 — Phase 1 ◎ Evaluating
trader_leo_63 — Funded ● Live
$0
Upfront Fee
8%
Profit Target
Auto
Fee Collection
Overview

Trade First. Pay When You Profit.

The Pay Later model redefines the prop firm entry experience. By removing the upfront fee, your firm attracts a dramatically wider audience of serious traders who previously couldn't justify the initial cost.

Zero Upfront Cost
Traders begin their evaluation without paying a programme fee. This eliminates the single biggest psychological barrier to signing up for a prop firm challenge.
Profit-Deferred Payment
Once the trader hits the profit target and is funded, the programme fee is automatically deducted from their first payout — ensuring your firm collects revenue only from successful traders.
Higher Sign-Up Volume
Removing the upfront cost multiplies your top-of-funnel. More traders enter, more evaluations run, and your revenue scales with the increased pool of participants.
Full Risk Protection
Standard evaluation risk rules — profit targets, daily loss limits, and maximum drawdown — remain fully enforced. The payment model changes; the risk framework does not.
Process

From Sign-Up to Fee-Free Funding

A streamlined deferred-payment flow that drives higher sign-up volume while ensuring fee collection is automated and guaranteed upon first payout.

01
Trader Signs Up — Zero Payment
The trader registers and selects an account size. No fee is charged at checkout. They receive instant access to a simulated evaluation account and begin trading immediately.
02
Completes Evaluation Phase
The trader actively trades the evaluation account against the programme's profit target and risk rules — daily loss limit, max drawdown, minimum trading days. Rules are identical to a standard paid evaluation.
03
Meets Profit Target & Risk Rules
Once the profit target is achieved and all risk parameters satisfied — with no rule violations — the platform automatically flags the account for review and marks the trader as eligible for funding.
04
Passes Verification & KYC
Your risk team or automated engine verifies trading behaviour and confirms KYC compliance. The trader's profile is approved for a live funded account. The programme fee is now locked to the first payout.
05
Receives Funded Account
The trader receives a live funded account and begins trading with real capital. The programme fee is held in escrow within the platform's automated payment module.
06
Fee Auto-Deducted From First Payout
When the trader's first profit withdrawal is processed, the platform automatically deducts the programme fee before releasing the remaining balance. No manual intervention needed — guaranteed revenue collection.
Rules & Fee Engine

Evaluation Rules & Deferred Fee Configuration

Every evaluation rule and deferred fee parameter is fully configurable through FXPropTech's rules engine — set your own targets, drawdowns, fee amounts, and deduction triggers without writing code.

Pay Later Evaluation — Rule Set & Fee Configuration
Fully Configurable
Programme Fee
Deferred
Set any fee amount. No payment is collected at sign-up — the fee is held and automatically deducted from the trader's first payout after funding.
Profit Target
8% – 10%
Configurable profit threshold. Traders must reach this target while respecting all active risk rules before they are eligible for a funded account and fee deduction.
Max Daily Loss Limit
4% – 5%
Maximum account loss permitted in a single trading day. Violation triggers automatic account breach — identical enforcement to a standard paid evaluation.
Max Overall Drawdown
8% – 10%
Maximum total drawdown from initial or peak balance. Configurable as static or trailing drawdown model to match your firm's risk appetite.
Minimum Trading Days
3 – 5 Days
Traders must demonstrate consistent activity across a minimum number of trading days — preventing quick profit manipulation before fee deduction triggers.
Fee Deduction Trigger
Automated
Fee deduction fires automatically on first payout approval. Configurable deduction threshold — set the minimum profit withdrawal required before deduction activates.
Business Value

Why the Pay Later Model Grows Your Firm

Prop firm programmes that lower the entry barrier consistently outperform standard models in sign-up volume, top-of-funnel reach, and long-term trader retention.

Massive Top-of-Funnel Growth
Removing the upfront fee unlocks a significantly larger audience. Traders who previously hesitated due to cost now enter with zero financial risk — growing your sign-up pipeline dramatically.
3× More Sign-Ups
Guaranteed Revenue Collection
The deferred fee is automatically collected the moment a trader's first payout is approved. No manual invoicing, no chasing payments — the platform handles collection with zero operational overhead.
100% Auto-Collected
Higher Trader Motivation
Traders who enter without paying upfront are more motivated to pass — they have their fee deduction as a clear target. This drives stronger performance engagement throughout the evaluation phase.
Higher Completion Rate
Competitive Market Differentiation
In a crowded prop firm market, a Pay Later offering immediately sets your firm apart. It's a powerful acquisition and retention tool that positions your brand as the most trader-friendly option available.
Unique Market Position
Built for Prop Firms

Launch, Configure & Scale
Your Pay Later Programme

FXPropTech's infrastructure handles every element of the Pay Later model — from deferred fee management and automated deduction to evaluation rules and funded account provisioning. You focus on growing your trader community.

  • Go live in under 7 days — launch a fully configured Pay Later evaluation programme using FXPropTech's pre-built deferred fee infrastructure.
  • Automated fee deduction engine — fee amounts, deduction thresholds, and payout triggers are all configurable without writing a single line of code.
  • Full evaluation risk engine included — identical drawdown enforcement, HFT detection, news filters, and breach protection to any standard evaluation model.
  • Scalable to thousands of traders — infrastructure built to handle high-volume concurrent evaluations and payout processing with zero performance degradation.
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Comparison

Pay Later vs. Other Programmes

Understand how the Pay Later model fits into your product lineup. Each model serves a distinct trader segment — all supported on the FXPropTech platform.

Feature
🏆 Best Entry Model

Pay Later 		1-Step Evaluation Instant Funding
Upfront Cost to Trader $0 Upfront Standard Fee Premium Fee
When Fee Is Collected From First Profit At Sign-Up At Sign-Up
Sign-Up Volume ↑ Highest High Selective
Evaluation Required Yes (1 Phase) Yes (1 Phase) None
Trader Profile Broad / Growth Growth-Focused Professional
Revenue Collection Automated At Purchase At Purchase
Market Differentiation Maximum Medium Premium Niche
Best Suited For High-volume, accessible, growth-stage firms Fast-track, growth-focused evaluation firms Elite, institutional, premium-tier firms
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Get Started Today

Launch Your Pay Later
Evaluation Programme

Remove the biggest barrier to entry for new traders and scale your sign-up pipeline. FXPropTech handles the infrastructure — you focus on building your prop firm brand.

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Zero upfront cost for traders
Live in under 7 days
Full risk management included
Fully white-labelled