Iron Condor Prop Funding Model

0-DTE SPX Iron Condor Strategy scaled to 25 contracts across 5 TradeFundrr accounts over 10 months

$139,853 Projected Annual Net Profit at Full Scale (Year 2+)

TradeFundrr Account Rules

💰

Upfront Fee

$270

One-time fee per account to get started

📅

Monthly Fee

$90/month

Ongoing monthly subscription per account

📊

Profit Split

80% / 20%

You keep 80%, TradeFundrr keeps 20%

🛑

Daily Loss Limit

$1,000

Maximum loss allowed in a single day

⚠️

Max Drawdown

$3,750

Total drawdown limit before account reset

🔄

Reset Fee

$99

Fee to reset account after blowup

Qualification

5 Days x $250

5 non-consecutive days of $250+ profit to qualify

📉

Total Blowup Cost

$1,349

$99 reset + $1,250 lost earnings during requalification

Iron Condor Strategy Rules

🕐

Entry Time

10:15 AM Latest

Condor must be opened by 10:15 AM ET

📐

Delta Selection

10 / 7 Deltas

Short strikes at 10 delta, long strikes at 7 delta

Profit Target

30% of Credit

Exit when 30% profit is reached

🛑

Stop Loss

50% of Credit

Exit when loss reaches 50% of credit received

Verified Backtest Results (1 Contract)

103 trades with 148 filtered days

Performance Stats

Total P&L +$1,428
Win Rate 75.7%
Win/Loss 78W / 25L
Profit Factor 1.82
Max Drawdown -$238
Best Win Streak 16

Trade Averages

Avg P&L per Trade +$14
Avg Premium Collected $127
Avg Risk per Trade $514
Return on Risk 2.7%
Avg Win +$41
Avg Loss -$70
Month Gross P&L Trades Win Rate
January-$64450.0%
February+$165785.7%
March+$4741291.7%
April+$1481662.5%
May+$45512100.0%
June+$581172.7%
July-$34862.5%
August+$1966100.0%
September+$16475.0%
October+$142977.8%
November+$38771.4%
December-$101650.0%
TOTAL +$1,493 102 75% (9/12 months)

10-Month Ramp-Up Plan

Conservative scaling from 1 account with 5 contracts to full deployment

1

Month 1 - Foundation Build

Accounts: 1
Contracts: 5
Upfront: -$270
$227
Est. Net
2

Month 2 - Validation Build

Accounts: 1
Contracts: 10
Monthly Fee: -$90
$905
Est. Net
3

Month 3 - Scale Contracts Scale

Accounts: 1
Contracts: 15
$1,336
Est. Net
4

Month 4 - Add Account 2 Scale

Accounts: 2
Contracts: 15
New Upfront: -$270
$2,492
Est. Net
5

Month 5 - Add Account 3 Scale

Accounts: 3
Contracts: 15
New Upfront: -$270
$3,872
Est. Net
6

Month 6 - Scale to 20 Contracts Scale

Accounts: 3
Contracts: 20
$5,506
Est. Net
7

Month 7 - Add Account 4 Scale

Accounts: 4
Contracts: 20
New Upfront: -$270
$7,216
Est. Net
8

Month 8 - Add Account 5 Full

Accounts: 5
Contracts: 20
New Upfront: -$270
$9,172
Est. Net
9

Month 9 - Scale to 25 Contracts Full

Accounts: 5
Contracts: 25
$10,826
Est. Net
10

Month 10 - Full Deployment Full

Accounts: 5
Contracts: 25
Status: Fully Scaled
$11,654
Monthly Net

Full Scale Projections

Year 1 (Includes Ramp-Up)

Upfront Fees (5 accounts) -$1,350
Monthly Fees ($90 x 5 x 12) -$5,400
Blowup Reserve (3 blowups) -$4,047
Gross P&L (scaled average) +$130,000
Your 80% Share +$104,000
NET YEAR 1 ~$93,000

Year 2+ (Full Scale)

Upfront Fees $0
Monthly Fees ($90 x 5 x 12) -$5,400
Blowup Reserve (3 blowups) -$4,047
Gross P&L (all accounts) +$186,625
Your 80% Share +$149,300
NET YEAR 2+ $139,853

Risk Analysis

Blowup Cost Breakdown

Each account blowup costs $1,349:

  • Reset fee: $99
  • Lost earnings during 5-day requalification: $1,250
Scenario Blowups/Year Blowup Cost Net Annual Profit
Best Case 0 $0 $143,900
Expected Case 3 $4,047 $139,853
Worst Case 5 $6,745 $137,155
Catastrophic 10 $13,490 $130,410

Even with 10 blowups in a year, the model remains profitable at $130K+

Key Metrics Summary

📈

Monthly Net (Full Scale)

$11,654

📊

Annual Net (Year 2+)

$139,853

⚖️

Breakeven Contracts

1.1 per account

🎯

Historical Win Rate

75% (9/12 months)

Disclaimer: This projection is based on historical trading performance and is provided for informational purposes only. Past performance does not guarantee future results. Trading options involves substantial risk of loss and is not suitable for all investors. The projections assume consistent execution of the trading strategy and do not account for market condition changes, execution differences, or other unforeseen factors. Always trade with capital you can afford to lose.