Most retail prop firms fund traders in simulation and pay from company revenue. A few move consistently profitable traders to live capital. Funded accounts keep the same daily-drawdown and trailing-drawdown rules, and often add a scaling-plan.
The account is not yours; it can be closed for rule breaches, and the firm can change terms.
Example: you pass a $100,000 evaluation and receive a funded account with a $3,000 trailing drawdown. After three months and $9,000 of profit, you have withdrawn $7,200 at a 90% payout-split.
Related: evaluation, payout-split, scaling-plan, trailing-drawdown