Propel Pro 50K
Propel Capital
- 50K
- Account size
- 2 Step
- Steps
- 80%
- Profit split
- Bi-weekly
- Payout
$157.49
$224.99
30% Discount
30% off with code
Details
Profit and Risk
- Account size
- 50K
- Profit split
- 80%
- Number of steps
- 2 Step
- 1st profit target
- 8%
- 2nd profit target
- 5%
- Max daily loss
- 4%
- Max total drawdown
- 8%
- Profit target to drawdown ratio
- 1:1
Trading period
- Auto-close at target
- no
Conditions
- Leverage
- FX 1:70 Metals 1:30 Indices 1:20 Oil 1:10 Raw Spreads, $2.50 commission in and out
- Consistency rule
- no consistency rule but you need 3 profitable days that need 0.5%
- Payout frequency
- Bi-weekly; minimum withdraw is 100$
Permissions
Balance scaling
Challenge fee refundable
Expert advisor
Copy trading
News trading
Technology
- Technology
- White-label
About Prop Firm
Established
United Kingdom, 2024
- Support Hours
- Our support team is available 24/7 to assist you. Please note that response times may be slightly delayed during weekends and outside of UK business hours.
- Taking advantage of unrealistic prices or unrealistic trade opportunities , such as arbitrage, latency, front-running price feeds, and exploiting mispricing.
- Latency trading
- Order book spamming – opening multiple positions in a few seconds to manipulate price
- Arbitrage trading
- High-frequency trading
- Reverse trading/group hedging
- Challenge fee refund
- None; we do not offer refunds on the challenge fee
- Payment methods
- Credit Card, Debit Card, Cryptocurrencies
- Payout methods
- Wire Transfer, Cryptocurrencies, Rise Pay
- Account currencies
- United States Dollar
- Asset types
- Crypto, Indices, Commodities
- Balance scaling
- Yes; We cap the maximum virtual capital at $2 million. If you achieve a 10% increase in virtual capital then you are eligible to request scaling. Scaling allows the you to request performance fees while scaling up their account by 10% of the initial balance.
- Expert advisor
- Yes
- Copy trading
- Yes; Traders must verify ownership by providing details. Copy trading between Propel accounts is permitted, but copying from other groups or traders is prohibited and classified as Group Trading.
- News trading
- News trading is permitted during the challenge phase; however, in the funded phase, trades must be opened or closed at least 5 minutes before or after the news event.
Propel Capital Group is a proprietary trading company, that provides traders with an innovative platform to demonstrate their trading ability. We are looking for the next generation of traders who can demonstrate risk mitigation and achieve profitability.
Rules
2 phase challenges, with phase ones target being 8% and phase 2 being 5%
unlimited trading days
daily drawdown limit is 4%
max drawdown limit is 8%
we also offer a reversal challenge where phase 1's profit target is 5% and phase 2 is 8%
in order to pass, you need 3 profitable trading days where you make 0.5% profit for the day
news trading is allowed in the challenge phase but in the funded phase you will have to open\close your trade 5 minutes before or after the event
Prohibited trading strategies include:
Additionally, account management services are not allowed, and all accounts and trades must be carried out by the trader named on the account. If you have any doubts about the compliance of your EA or manual scalping strategy, it is worth creating a free trial account via our dashboard, which will allow us to analyze the strategy and approve it in line with our guidelines, prior to proceeding with an assessment.