No, we are not a broker. We are a proprietary trading firm that provides capital to talented traders. We partner with various brokers to facilitate trading for our funded traders.
We utilize a variety of reputable brokers to ensure optimal trading conditions and diverse asset access for our traders. Specific broker details are provided upon successful evaluation.
Our traders have access to industry-standard platforms such as MetaTrader 4 (MT4) and MetaTrader 5 (MT5), known for their robust features and user-friendly interfaces.
We do not accept third-party payments for security reasons. All payments must originate from an account held in the name of the registered trader.
Our trading environment is designed to closely simulate real market conditions, providing a realistic experience for our traders to hone their skills without risking their own capital.
No, there are no commission fees.
No, all accounts we provide are demo accounts in a simulated trading environment. The simulated trading services are provided by the company Prop Funded Trader. Once you pass our evaluation, you will be trading with simulated capital provided by our firm, which allows you to earn real profits based on your performance.
For any technical support inquiries, please use the contact form on this page or reach out to our dedicated support team via email at support@propfundedtrader.com.
Traders are responsible for their own tax obligations. We recommend consulting with a qualified tax advisor in your jurisdiction for personalized guidance.
Details on retake policies are outlined in our evaluation terms. Please refer to the specific program guidelines for information on free retakes or discounted attempts.
Due to regulatory restrictions, we may have limitations on traders from certain countries. Please check our terms and conditions or contact support for a full list.
Traders are responsible for their trading decisions and adherence to our trading rules. Our firm provides capital and infrastructure but does not bear liability for individual trading outcomes.
We offer a wide range of tradeable assets including Forex, commodities, indices, and cryptocurrencies. The exact list depends on the broker and your funded account type.
Rule violations may lead to the termination of your trading account. We encourage all traders to thoroughly understand and adhere to our strict trading guidelines.
While prior trading experience is beneficial, it's not strictly required. Our evaluation process is designed to identify profitable traders regardless of their formal background.
Evaluation Rules
As a prop-funded trader, you are allowed to incur a maximum loss of up to 5% of your initial account balance within a single day.
Traders are permitted a total loss of up to 10% of their initial account balance. This means that at no point during the entire trading journey should the account balance or equity fall below 90% of the starting balance.
In the Evaluation Challenge, traders are required to place a minimum of 5 individual and separate trades throughout their trading cycle. These trades do not need to occur on consecutive days. There is no maximum limit on the number of trades, allowing traders the freedom to trade at their own pace. Additionally, the Prop funded trader account does not impose any minimum trading day requirement.
Permitted only between accounts owned by the same individual. It is strictly prohibited to engage in copy trading between accounts belonging to different individuals.
It is recommended to use a single device with a unique IP address to ensure secure and consistent trading activity.
The use of VPNs or VPS services is encouraged for reliable platform access. For optimal consistency and security, it is recommended to use paid services that offer dedicated IP addresses.
Prop funded traders are allowed to use Expert Advisors (EAs) and Indicators to support and enhance their trading strategies. Each trader is responsible for ensuring that their trading parameters are unique and tailored to their specific trading style and account.
The use of the Martingale strategy is allowed. Traders may incorporate it into their trading approach at their own discretion and risk.
Prop funded trader strictly prohibits any form of cheating, manipulation, or exploitation of the platform, as such actions violate the Terms of Service (TOS) agreed upon during registration. Traders are strongly encouraged to carefully review the TOS and adhere to the following guidelines to avoid any unintended consequences or account violations.
Still Have Questions?
If you couldn't find the answer to your question above, please don't hesitate to reach out to us.
