FundedSeat is a US-based simulated futures prop firm (Cygnus Software Solutions LLC, Sheridan, Wyoming) running on Rithmic infrastructure. It offers six distinct futures models, all sharing EOD trailing drawdown, 90% profit splits, and daily payouts. A 2026 update introduced progressive contract scaling to all 1-Step evaluation models: funded accounts now start at reduced contract limits and unlock higher position sizes as balance milestones are reached. Full contract limits remain available during the evaluation phase.
Firm Basics
| Legal Entity | Cygnus Software Solutions LLC. Sheridan, Wyoming, USA. |
| Infrastructure | Rithmic |
| Account Type | Simulated futures prop trading |
| Profit Split | 90% on all futures models |
| Max Accounts | 5 funded simultaneously |
| Payout Methods | Crypto (USDC, all networks) | ACH/wire transfer (US) | Bank transfer (international) |
Model Overview: All 6 Futures Models
| Feature | 1-Step Daily | 1-Step Daily Pro | 1-Step Sprint | 1-Step Rapid | Instant Bolt | Instant Direct |
|---|---|---|---|---|---|---|
| Sizes | $25K to $150K | $25K to $100K | $25K to $150K | $25K to $150K | $25K to $100K | $25K to $100K |
| Eval Phase | Yes | Yes | Yes | Yes (1 day) | None | None |
| Eval Target | 6% | 6% | 6% | 6% | N/A | N/A |
| Eval Consistency | 50% (or 35%) | 40% | None | None | N/A | N/A |
| Eval DLL | None | None | 25K: None; others: Yes | None (from Mar 23/26) | N/A | N/A |
| Drawdown Limit | $1K to $4.5K EOD | $750 to $2.25K EOD | $1K to $4.5K EOD | $1K to $4.5K EOD | $1K to $3K EOD | $1K to $3K EOD |
| DD Locks At | +$100 profit over limit | +$100 profit | +$100 profit | +$100 profit | +$100 profit | +$100 profit |
| Contract Limits | Up to 12 Minis | Up to 8 Minis | Up to 12 Minis | Up to 9 Minis | Up to 8 Minis | Up to 8 Minis |
| Funded Scaling | Yes, progressive | Yes, progressive | Yes, progressive | No | No | No |
| Funded Consistency | None | None | 20% (1st payout only) | 40% (each payout) | 20% (1st payout only) | None |
| Funded DLL | Soft breach | None documented | Soft breach | Soft breach | Soft breach | Soft breach |
| Payout Frequency | Daily from day 1 | Daily from day 1 | Daily from 2nd payout | Every 3 trading days | Daily from 2nd payout | Daily from day 1 |
| Profit Split | 90% | 90% | 90% | 90% | 90% | 90% |
| Path to Live | Yes | Yes | Yes | Yes (4 payouts) | Yes (4 payouts) | Yes |
Drawdown Architecture
All six futures models use End-of-Day trailing drawdown. The drawdown floor adjusts based on your closing balance; intraday spikes above the high-water mark do not move the floor. Once profits exceed the drawdown limit by $100, the floor locks permanently.
| Drawdown Type | EOD Trailing: adjusts at 5 PM EST session close only |
| DD Lock Rule | Locks when profits exceed drawdown limit by $100. Example: $50K account, profits reach $2,100 — floor locks permanently at $50,100. |
| DLL (Daily Loss Limit) | Soft breach on funded accounts: trading paused for the day, account not failed |
Contract Scaling Plan: 1-Step Models
A key 2026 update: evaluation-phase contract limits are unrestricted (full size), but funded accounts begin at lower limits and scale up as the account balance grows. This structure rewards consistent profitability. Scaling adjusts at 5:00 PM EST each day.
1-Step Daily and Sprint: Scaling Milestones
| Milestone | $25K | $50K | $100K | $150K |
|---|---|---|---|---|
| Start | 1 Mini / 10 Micros | 2 Minis / 20 Micros | 3 Minis / 30 Micros | 4 Minis / 40 Micros |
| Milestone 1 (+$1,000 profit) | 2 Minis / 20 Micros | — | — | — |
| Milestone 2 (+$2,000 profit) | — | 4 Minis / 40 Micros | 5 Minis / 50 Micros | 6 Minis / 60 Micros |
| Milestone 3 (+$3,000 profit) | — | — | 8 Minis / 80 Micros | 8 Minis / 80 Micros |
| Milestone 4 (+$4,500 profit) | — | — | — | 12 Minis / 120 Micros |
Full contract limits apply during evaluation. The scaling plan applies in the funded phase only. 1-Step Daily Pro uses the same milestone structure but is capped at 3 milestones with no $150K size. 1-Step Rapid does not include the scaling plan.
Payout Structure by Model
| 1-Step Daily and Daily Pro | Daily from day 1. 90% split. Min/max caps apply. Unwithdrawable buffer required. |
| 1-Step Sprint | Daily from 2nd payout. Fixed amounts. Unwithdrawable buffer required. |
| 1-Step Rapid | Every 3 trading days. 50% of profits capped. Minimum balance required. |
| Instant Bolt | Daily from 2nd payout. 5% profit target per cycle. Fixed amounts. |
| Instant Direct | Daily from day 1. 5% profit target per cycle. Biggest Trade Rule applies. |
Universal Trading Rules
- Trading hours: all positions must close by 4:59 PM EST Mon to Fri. Auto-close is applied with no penalty. Trading resumes at 6:00 PM EST (Mon to Thu) and Sunday evening.
- Drawdown type: EOD trailing. The floor adjusts at session close based on the closing balance, not intraday highs.
- DD lock: locks permanently when profits exceed the drawdown limit by $100. The floor never moves up again after locking.
- News trading: fully allowed with no restrictions on any model.
- Copy trading: allowed via Rithmic Trade Copier.
- Microscalping: 50% or more of profits must come from trades longer than 15 seconds.
- Inactivity on evaluation: account deactivated after 20 days without a trade.
- Inactivity on funded: at least one trade per week (Mon to Fri) required per account.
- Max funded accounts: 5 simultaneously, of which a maximum of 3 can be $150K accounts, 1-Step Daily 50% consistency, or 1-Step Daily Pro.
- Payout methods: USDC crypto (all networks), ACH/wire (US), bank transfer (international).
FundedSeat's Path to Live program allows consistently profitable traders to transition from simulated funded accounts to live capital accounts. This is one of the few features in the futures prop space where a clear, rule-based path to real capital is documented.
Path to Live: Real Capital Transition
| Eligibility | 4 payouts in a single account, or 10 payouts since the last Live transition |
| Process | Invitation-only. FundedSeat's review team contacts eligible traders directly via email. |
| Discretion | Granted at FundedSeat's discretion |
| Available On | All 6 futures models: 1-Step Daily, 1-Step Daily Pro, 1-Step Sprint, 1-Step Rapid, Instant Bolt, and Instant Direct |
Competitive Context
Among US-based Rithmic prop firms, FundedSeat's six-model lineup offers more configuration options than most single-model or two-model firms. EOD drawdown across all accounts and news trading with no restrictions are standard here, whereas some competitors impose intraday drawdown or news blackout windows. The shorter operating history (circa 2024 to 2025) is the primary risk factor relative to established firms with multi-year payout records.
Best Value: 1-Step Daily (50K) for daily payouts from day 1, EOD drawdown, progressive scaling, and the 35% consistency option for aggressive traders. Verify current pricing at fundedseat.com.
