How to Unlock Your Funded Account
Ready for the first step? Challenges crafted to build your confidence and fuel your success at every turn.
Get Funded
Challenge
Subscription Plan
Our unique subscription plan is designed to provide you with all the tools you need to succeed and grow as a trader.
How It Works
With our subscription plan, you can subscribe to our challenge with unlimited chances. If you hit the daily loss limit or max trailing drawdown, your simulated trading account will reset, allowing you to trade the next trading day as long as your subscription is active. This gives you the freedom to test strategies, learn from your trades, and grow your skills.
Key Benefits
Unlimited Chances
Keep trying as long as your subscription is active.
Risk-Free Scaling
Keep trying as long as your subscription is active.
Chance to Earn a $1M Funded Account
Progress through challenges to unlock a larger funded account.
How to Get Funded
STEP 1
Choose your account
Classic
The Classic Challenge Account is designed for traders seeking the simplest and most straightforward trading rules, making it an ideal choice for those who value ease and flexibility.
Competitive
The Competitive Challenge Account is for more confident traders who want a lower subscription fee and are ready for more competitive trading rules.
Instant Funding
The Instant Funding Account allows you to skip the challenge and start trading with a funded account right away.
STEP 2
Start Trading
Access Your Platform
Receive your trading platform details and dive into your simulated trading account to begin working toward your first payout.
These tools simplify the process and boost your chances of success.
STEP 3
Get Funded
To pass Hoorah's Challenge, you need to:
Reach the profit target.
Trade for a minimum of 5 days.
Stay within the daily loss limit and max trailing drawdown for each step.
You can skip the challenge and get your simulated funded account right away with our Instant Funded Account.
STEP 4
Withdraw Your Profits Automatically
You earn it, We send it. Withdrawals are fast, simple and fully automatic so you never have to worry about delays or complications.
Your Profits, Your Payouts
With an 80% profit split, your payouts reflect your effort.
Simple and Fast Withdrawals
Our process is quick and easy, so you can focus on what matters, your success.
Flexible Payment Options
Access your earnings through various payment methods, including bank transfers.
Keep Growing, Keep Earning
As you continue to succeed, you’ll keep growing your account and increasing your earnings.
Risk-Free Scaling Plan
Once you pass your challenge, depending on your initial balance, you can choose to scale your simulated funded account or continue your challenge for a chance at an even higher funded account. Exclusively available to challengers who reach a $400,000 funded account through the 9-step challenge, you can scale up to $1,000,000 with a one-time fee.
Key Benefits
No need to qualify to scale up
Once you pass the challenge, you can scale without additional qualifications.
Instant scaling
Start growing your account right away.
Risk-free scaling
No risk to your initial investment.
Tailored to your needs
Subscription
Recommended for beginner traders
$10,000 Classic 3 Step Challenge Account
Profit target
5%
Daily loss limit
5%
Max trailing drawdown
5%
per week $19.99
Start TradingIncludes:
Funded Account Weekly Fee
Free
Consecutive Tries
Unlimited
Leverage
up to 100:1
Risk-free Scaling up to
$50,000
Minimum Trading Days
5 Days
Maximum Trading Days
Unlimited
Drawdown Type
Trailing
Performance Split
80%
Platform
cTrader
Subscription
Recommended for beginner traders
$10,000 Competitive 3 Step Challenge Account
Profit target
6%
Daily loss limit
4%
Max trailing drawdown
4%
per week $16.99
Start TradingIncludes:
Funded Account Weekly Fee
Free
Consecutive Tries
Unlimited
Leverage
up to 100:1
Risk-free Scaling up to
$50,000
Minimum Trading Days
5 Days
Maximum Trading Days
Unlimited
Drawdown Type
Trailing
Performance Split
80%
Platform
cTrader
Subscription
Recommended for beginner traders
$100,000 Classic 3 Step Challenge Account
Profit target
5%
Daily loss limit
5%
Max trailing drawdown
5%
per week $129.99
Start TradingIncludes:
Funded Account Weekly Fee
Free
Consecutive Tries
Unlimited
Leverage
up to 100:1
Risk-free Scaling up to
$1,000,000
Minimum Trading Days
5 Days
Maximum Trading Days
Unlimited
Drawdown Type
Trailing
Performance Split
80%
Platform
cTrader
Subscription
Recommended for beginner traders
$100,000 Competitive 3 Step Challenge Account
Profit target
6%
Daily loss limit
4%
Max trailing drawdown
4%
per week $109.00
Start TradingIncludes:
Funded Account Weekly Fee
Free
Consecutive Tries
Unlimited
Leverage
up to 100:1
Risk-free Scaling up to
$1,000,000
Minimum Trading Days
5 Days
Maximum Trading Days
Unlimited
Drawdown Type
Trailing
Performance Split
80%
Platform
cTrader
One-Time
Recommended for pro traders
$10,000 Classic 3 Step Challenge Account
Profit target
5%
Daily loss limit
5%
Max trailing drawdown
5%
$59.00
Start TradingIncludes:
Funded Account Fee
Free
Consecutive Tries
Unlimited
Leverage
up to 100:1
Risk-free Scaling up to
$50,000
Minimum Trading Days
5 Days
Maximum Trading Days
Unlimited
Drawdown Type
Trailing
Performance Split
80%
Platform
cTrader
One-Time
Recommended for pro traders
$10,000 Competitive 3 Step Challenge Account
Profit target
6%
Daily loss limit
4%
Max trailing drawdown
4%
$50.00
Start TradingIncludes:
Funded Account Fee
Free
Consecutive Tries
Unlimited
Leverage
up to 100:1
Risk-free Scaling up to
$50,000
Minimum Trading Days
5 Days
Maximum Trading Days
Unlimited
Drawdown Type
Trailing
Performance Split
80%
Platform
cTrader
One-Time
Recommended for pro traders
$100,000 Classic 3 Step Challenge Account
Profit target
5%
Daily loss limit
5%
Max trailing drawdown
5%
$399.00
Start TradingIncludes:
Funded Account Fee
Free
Consecutive Tries
Unlimited
Leverage
up to 100:1
Risk-free Scaling up to
$400,000
Minimum Trading Days
5 Days
Maximum Trading Days
Unlimited
Drawdown Type
Trailing
Performance Split
80%
Platform
cTrader
One-Time
Recommended for pro traders
$100,000 Competitive 3 Step Challenge Account
Profit target
6%
Daily loss limit
4%
Max trailing drawdown
4%
$339.00
Start TradingIncludes:
Funded Account Fee
Free
Consecutive Tries
Unlimited
Leverage
up to 100:1
Risk-free Scaling up to
$400,000
Minimum Trading Days
5 Days
Maximum Trading Days
Unlimited
Drawdown Type
Trailing
Performance Split
80%
Platform
cTrader
Instant Funding
Recommended for advanced traders
$5,000 Instant Funding Account
Profit target
N/A
Daily loss limit
8%
Max trailing drawdown
8%
$229.99
Start TradingIncludes:
Consecutive Tries
N/A
Leverage
up to 100:1
Risk-free Scaling up to
N/A
Minimum Trading Days
N/A
Maximum Trading Days
Unlimited
Drawdown Type
Trailing
Performance Split
80%
Platform
cTrader
Instant Funding
Recommended for advance traders
$50,000 Instant Funding Account
Profit target
N/A
Daily loss limit
8%
Max trailing drawdown
8%
$1,749.99
Start TradingIncludes:
Consecutive Tries
N/A
Leverage
up to 100:1
Risk-free Scaling up to
N/A
Minimum Trading Days
N/A
Maximum Trading Days
Unlimited
Drawdown Type
Trailing
Performance Split
80%
Platform
cTrader
Trading Platform
Hoorah partnered with cTrader for its versatility, wide range of instruments, and seamless accessibility. More platform options coming soon!
Different types of trading
Accessible on Mobile, Desktop and Web
In-depth performance analysis
A wide range of instruments
FAQ
What is prop trading, and how does it work?
Prop trading allows you to trade using a firm's capital instead of your own. You follow set rules for profit targets and risk management, earning a portion of the profits based on your performance.
What should I know before joining a prop trading firm?
Before joining, you should be aware of key rules like profit targets, daily loss limits, and max drawdown.
What are the benefits of prop trading?
Prop trading offers the advantage of trading without risking your own capital. You can earn a share of the profits with a funded account.
How to get started with prop trading
Ready to prove your skills? At Hoorah, start with the 3-Step Challenge or go for Instant Funding to jump straight into trading. Show what you can do, and you could earn up to a $1M funded account. Your journey starts now!