Where your plan starts
BoxcarPrime, BoxcarFlex and BoxcarPayout begin with an evaluation. BoxcarFunded skips the evaluation and starts simulated-funded. A funded account is still simulated unless Boxcar expressly designates it as live under a separate written agreement.
| Stage | Trading environment | What the results can qualify you for |
|---|---|---|
| Evaluation | Virtual funds; orders do not enter a live market. | A simulated-funded account after the applicable requirements and review. |
| Simulated-funded | Virtual funds; orders do not enter a live market. | Real-money payouts after the plan conditions, verification and payout approval. |
| Live | Boxcar company capital; orders enter live markets through the designated brokerage provider. | Compensation and withdrawals governed by the separate live agreement. |
Swipe to compare all columns.
Moving from evaluation to simulated-funded
Reaching a profit target alone does not confirm that the next account stage is active. Meet the applicable consistency and trading rules, then check the affected account's status in My Portal. If it still shows Eval despite meeting the published requirements, contact support with the account ID and relevant session date and time.
The funded stage has its own payout conditions. Evaluation profit does not qualify for a payout; a simulated-funded payout requires a valid request and approval under your plan's rules. There is no Eval-to-funded activation fee.
Account size, loss room and payout are different
A $50K account label describes the simulated starting balance and its rule set. It is not a $50,000 deposit, loan or cash amount you own or can withdraw.
For example, a fresh $50K Prime evaluation has a $2,000 Maximum Loss Limit, so its starting loss floor is $50,000 - $2,000 = $48,000. Touching that floor breaches the account. The headline $50K balance is not the amount available to lose.
If a hypothetical $50K simulated-funded account shows $51,000 after trading costs, the $1,000 gain is simulated profit. It does not by itself authorize a $1,000 payout. Approved amounts depend on the applicable payout conditions and caps.
What confirms live access
Reaching a live-review milestone triggers consideration, not automatic activation. Passing an evaluation, receiving a payout or reaching a particular result does not guarantee live selection or its timing. Before trading live company capital, confirm all three:
- Boxcar has directly confirmed that you are approved for live access and has expressly designated the account as live.
- You have completed the required verification and onboarding and accepted the separate written live agreement.
- You have the approved live account details and its trading terms. Do not assume simulated balances, credentials, position limits or trading hours carry over.