ThePropTrade
Capital, Educational Resources, Community. Everything a Trader Needs - Static Balance Based Drawdown, No Consistency, Weekly Payouts, No Hidden Rules.
Prop FirmThePropTrade
Capital, Educational Resources, Community. Everything a Trader Needs - Static Balance Based Drawdown, No Consistency, Weekly Payouts, No Hidden Rules.
United Arab Emirates- Country
- 9 months
- In Market
- 24/7
- Support Hours
Asset Types
- Support hours
- 24/7
- Static Maximum Drawdown
- Balance Based Daily Drawdown
- Payouts are processed every Friday
- Minimum Payout is $100
- No Consistency rule
- Unlimited time to pass the Challenge
- Challenge fee refund
- Yes; The fee is refunded upon 1st payout.
- Payment methods
- Credit Card, Debit Card, Cryptocurrencies, Skrill, Neteller
- Payout methods
- Cryptocurrencies
- Account currencies
- United States Dollar
- Balance scaling
- Yes; The requirements for scaling the size of your Funded Accounts are: Profit 10% for four(4) consecutive months. Result: We will increase your balance by 25%
- Expert advisor
- No
- Copy trading
- Yes; You are welcome to copy trades between your own accounts. However, copying trades from other traders—whether through automated systems, shared signals, or account management services (for example MQL5)—is strictly against our rules.
- News trading
- Allowed for Express and Pro Accounts. For Standard accounts there is a news trading restriction in the window of 2 minutes before until 2 minutes after the release of major news announcements.
About
At thePropTrade, we believe in simplicity, transparency and sustainability when it comes to our products. Our trading objectives are based on sustainable risk management principles and they allow our clients to improve their skills and build healthy trading habits.
After successfully passing the evaluation program, you are offered to trade on thePropTrader Account with a simulated balance of up to 200,000 USD, with ability to scale up to $5 million.
Rules
All rules can be found at https://theproptrade.com/resources/ and https://theproptrade.com/terms-and-conditions-2/
Main rules, common to all challenges, are: