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ThePropTrade

Capital, Educational Resources, Community. Everything a Trader Needs - Static Balance Based Drawdown, No Consistency, Weekly Payouts, No Hidden Rules.

Challenges by ThePropTradeAbout ThePropTrade

Challenges by ThePropTrade

About ThePropTrade

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.


Firm 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:

  • 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

Refund fee
YES, The fee is refunded upon 1st payout.

Payment methods
Credit Card, Debit Card, Cryptocurrencies, Skrill, Neteller

Payout methods
Cryptocurrencies

Account currencies
USD

Asset types
Crypto, Forex, Indices, Commodities

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.

Technology
White-label

Broker

Year established
2024

Country established
United Arab Emirates

Support hours
24/7

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*Neither this app or its contents should be regarded as professional, financial or investment advice. This app is a suite of trading tools, meant to be used in connection with an account held by a trader with their brokerage firm. If you intend on using this app for real trading, you should understand how various financial products work and the risks you will be undertaking on your own.

**By using this app you will have access to information of a general nature (i.e., that does not address the circumstances of any particular individual). If you require further information, or otherwise a more comprehensive or complete statement of the related matters and regulations, you should seek the advice of a lawyer, your brokerage firm, or from a licensed financial service provider before you start trading.