Get a funded account
for Kalshi markets.
A Kalshi funded account, in the prop-firm sense, means trading prediction markets with a firm's capital instead of your own deposit. At Refract Funding you pass a simulated challenge on live Kalshi prices, then trade a funded simulated account and keep the published share of eligible simulated profits, paid in USDC; no personal Kalshi deposit is required.
What is a Kalshi funded account?
Searches for "Kalshi funded account" mostly surface deposit guides: how to move your own money onto the exchange. This page is about the other meaning. A funded trading account puts the firm's buying power behind your decisions, so your upside comes from skill rather than bankroll. At Refract Funding that account is simulated 1:1 against live Kalshi and Polymarket order books, and eligible simulated profits can qualify for real USDC payouts.
Account sizes and terms
| Account | Trailing drawdown | Trader share | Payout cadence |
|---|---|---|---|
| $15,000 | $700 | 90% of eligible simulated profit | every 7 days |
| $30,000 | $1,400 | 90% of eligible simulated profit | every 7 days |
| $60,000 | $2,800 | 90% of eligible simulated profit | every 7 days |
| $120,000 | $5,600 | 90% of eligible simulated profit | every 7 days |
The complete payout rules, consistency caps, and worked examples are in the rulebook.
The path: one Evaluation
There is a single route to funding: pass an Evaluation, the paid simulated challenge with a published profit target, trailing drawdown, and consistency rules, then complete review. Practice is free for as long as you like before you enter.
Passing an Evaluation does not guarantee a funded account or payout; funded access and payouts depend on the program rules, eligibility, identity and fair-play review, regional availability, and approval.
Want the firm-level view first? Read how the prop firm for Kalshi traders works. If you are not ready for an Evaluation, start with free Kalshi paper trading.
Kalshi funded account FAQ
What is a Kalshi funded account?
A Kalshi funded account, in the prop-firm sense, means trading prediction markets with a firm's capital instead of your own deposit. At Refract Funding you pass a simulated challenge on live Kalshi prices, then trade a funded simulated account and keep the published share of eligible simulated profits, paid in USDC; no personal Kalshi deposit is required.
Do I need to deposit money on Kalshi?
No. You never open a Kalshi account or deposit funds to trade with Refract Funding. All trading is simulated against live Kalshi and Polymarket order books; the only real payment is the one-time Evaluation entry fee.
How do payouts work on a funded account?
Your share is calculated as 90% of eligible simulated profit, and eligible payout requests can be made every 7 days once every payout rule is met and your book is flat. Payouts are made in USDC. Passing an Evaluation does not guarantee a funded account or payout; funded access and payouts depend on the program rules, eligibility, identity and fair-play review, regional availability, and approval.
Can I lose money on a funded account?
Your own money is never traded. Funded accounts are simulated, so losses are simulated too; an account that touches its trailing drawdown floor is closed under the program rules. The only real money you ever spend is the Evaluation entry fee.
How is this different from a Kalshi demo account?
A demo is practice only. A funded simulated account at Refract Funding runs on the same live order books but eligible simulated profits can qualify for real USDC payouts under the published program rules.
Refract Funding is independent of Kalshi and Polymarket. We display their live market data as a simulation reference; we do not send orders to either venue, and references to their names or marks do not imply endorsement.
Important: All trading, balances, positions, and fills on Refract Funding—including in the simulator, Evaluations, and funded accounts—are simulated. No real money is placed at risk in a simulated trade, although Evaluation fees are real payments. An Evaluation fee buys access to a skill challenge; it is not a deposit, investment, market stake, or trading capital. Refract Funding is independent of Kalshi and Polymarket; references to those venues do not imply endorsement.
Passing an Evaluation does not guarantee a funded account or payout. Funded access and payouts, where offered, depend on the program rules, eligibility, identity and fair-play review, regional availability, and approval. Market data and simulated results may be delayed, incomplete, or inaccurate. Refract Funding is not a broker, exchange, or investment adviser, and nothing on the service is investment advice. Adults 18+ only; additional age or location restrictions may apply.