You can begin right away by signing up with The Prop Game and selecting a challenge size that suits you. After completing your payment, you’ll receive your account credentials through 2 welcome emails, granting you access to the Trading Platform and The Prop Game’s Dashboard.

It’s important to thoroughly read and understand all the rules associated with the challenge before proceeding.

At The Prop Game, we equip our traders with demo accounts containing virtual funds across all types of evaluation programs and funded accounts. This strategy offers extensive flexibility and intentional risk management choices. These simulations are crucial for preparing our traders for the complexities of real markets, rather than just the sheltered environment of demo accounts. Our goal is to alleviate the psychological stress associated with trading real money through this approach.

In our Pay as You Progress account in the first withdrawal, you’ll get up to 85% of the profit split;

On the Instant account, you’ll get up 20% to 40% of the profit split based on the type of Instant account chosen.

On the Multiplier account, you’ll get up 2x to 5x of the fee that you have paid to start the challenge.

The initial balance you’ll trade with is the same balance for which you signed up.

For example, if you pass our selection phase with a US$100,000 account, you’ll then manage a US$100,000 account in Phase 3.

To diversify our risk exposure, we initially allow a maximum simulated capital allocation of US$200,000 per trader at any given time. In other words, you could have two accounts, each with US$100,000, or four accounts, each with US$50,000, and so on.

To be eligible receive a payout from the Pay as You Progress, Instant or Multiplier Challenges, it is necessary to submit the required documents for identity verification. We use an external 3^rd party verification provider, Veriff, in order to verify our traders who are eligible for payouts. The KYC shouldn’t take more than 5 minutes as its fully automated.

At The Prop Game, we offer some of the most competitive commission rates in the prop trading industry. Traders can take advantage of these rates to maximize profitability while enjoying transparent and fair trading costs.

Forex: $3 per lot

Commodities: $3 per lot

Indices: $0

Crypto: $3 per lot

After the successful payment for the Phase 2 account, you will receive Phase 2 credentials immeditely. It generally takes about 3 business days for our team to conduct an account review for both Phase 1 and Phase 2, before the Phase 3 /Funded account is issued. Right now, the verification of the Phase 1 usually happens after the sucess of Phase 2 in most of the cases, this review process might change in the future.

Upon failure of the account, whether the account breached a trading objective, or violated the news trading rule, the decision is final. The Prop Game does not offer any account resets once the account is deemed as “Failed”.

We do not offer free trial accounts at the moment.

Unfortunately, swap-free or Islamic accounts are not offered at this current juncture.

Yes, We do offer crypto trading along with the Forex pairs, Metals, Indices CFDs and Energies.

While there are no limitations on the number of trading evaluation accounts you can possess, we do enforce a maximum simulated capital allocation of US$200,000 per trader or strategy at any given time for Instant Funding. For Trade Now Pay Later, Pay as you Progress and 3-Step Challenge, the allocation limit is US$400,000 per trader or strategy at any given time. These restrictions are in place to encourage diversification and mitigate risk, as we strive to prevent the overallocation of resources to a single trader or strategy.

Traders are required to complete a minimum of three (3) trading days both Phase 1 and 2 of the Pay as you Progress model, three (3) trading days in each of Phase 1,2, and 3 of the 3-Step Challenge model and  twenty five (25) trading days in Instant model. Similarly minimum of five (5) trading days both Phase 1 and 2 of Trade Now Pay Later model

Take note that “Trading Days” are counted only when a trade is opened. For instance, if a trader opens a trade on a Monday and closes it on Wednesday, it will be considered as ONE (1) trading day since the trade was initiated on Monday. The act of closing the trade on a specific day does not count as an additional trading day.

For traders participating in the Pay as You Progress, a daily drawdown of up to 5% of their account balance is permitted. For traders participating in the 3-Step Challenge and Trade Now Pay Later evaluation programs, a daily drawdown of up to 4% of their account balance is permitted. For traders enrolled in the Instant account or the Multiplier account programs, a daily drawdown of up to 3% of their account balance is permitted.

To calculate the daily loss limit, you can use the following formula: Daily loss limit = (Your Last day’s Balance – Today’s Balance) / Equity. It’s important to note that your daily loss limit will reset at midnight according to the server time.

Let’s break down these scenarios with examples:

**Scenario 01:**

Suppose you have a $100,000 account, allowing for a maximum daily loss limit of $5,000. If you’ve already lost $2,000 in closed trades, you cannot lose more than $3,000, including floating losses. Any loss exceeding this amount, including swap and commission rates, would be considered a violation.

** Scenario 02:**

If you gained $5,000 in profit in a single day, your allowable loss would be $5,000 (your profit) + $5,000 (your daily loss limit), totalling $10,000. Exceeding this amount in both open and closed positions would constitute a violation.

** Scenario 03:**

It’s crucial to remember that your daily loss limit resets at midnight server time. For instance, if you gained a $2,000 profit in a closed trade and currently have a $6,000 floating loss, your current daily loss stands at -$4,000. However, if you maintain this trade with a $6,000 floating loss past midnight, you’ll breach the daily loss limit, as the new day begins, and you’ve already exceeded the $5,000 limit.

For Pay as You Progress accounts and Trade Now, Pay Later accounts:

Traders are permitted a maximum overall drawdown of 10% of the initial balance they start with.

For Instant accounts:

Traders are allowed a maximum overall drawdown of 6% of the initial balance they start with.

For Multiplier accounts:

Traders are permitted a maximum overall drawdown of 5% in 2x challenge and 2.5% in 5x Challenge of the initial balance they start with.

For 3-Step Challenge accounts:

Traders are permitted a maximum overall drawdown of 8% of the initial balance they start with.

At The Prop Game, all legitimate trading styles are welcome!

We aim to identify and engage independent, consistently profitable traders and reward them for their outstanding trading performance. Therefore, we do not wish to restrict their trading methods. As long as the strategy is legitimate, respects and is replicable onto live market conditions, we have no preference over conventional or automated trading.

However, we must strongly discourage the use of forbidden trading strategies that exploit trading platform inefficiencies. Consequently, we urge you to ensure that the strategy you use does not violate the following:

1. High Frequency Trading (HFT):
   Any trading system that causes hyperactivity on our trading platform, or strategies that exploit trading platform inefficiencies (e.g. tick scalping, arbitrage trading, latency trading, grid trading, one-sided betting etc.) are strictly prohibited.
2. Copy trading from others:
   Copying trades between different traders, usage of a signal service, or copying trades with a group of traders across multiple accounts is not allowed.
3. Hedging across multiple accounts:
   Hedging is allowed within the same account, but hedging buy trades in one account and sell trades in another account from the same trader to pass challenges is prohibited. Group hedging involving individuals with coordinated opposing positions are also strictly not allowed.
4. Account Management Services:
   Services that allow someone else to pass or manage an account on your behalf is strictly prohibited. Providing account management services using our program are also prohibited.
5. Use of guarantee of profit with limit orders during low liquid market:
   This prohibition is in place to prevent potential regulatory violations and exploitation of the market’s low liquidity. Implementing guaranteed adherence to limit orders can lead to exploitative behavior, especially in simulated trading environments. Traders may manipulate order executions in a simulated platform, bypassing the natural flow of trades that would occur in a real market setting. Such actions deviate from genuine financial market practices and violate the Terms of Service outlined by The Prop Game.

For traders participating in the Pay as You Progress and Trade Now, Pay Later evaluation programs, a maximum overall drawdown of 10% from their initial balance is permitted. Conversely, for traders enrolled in the Instant account, a maximum overall drawdown of 6% from their initial balance is allowed, for traders enrolled in the 3-Step Challenge account, a maximum overall drawdown of 8% from their initial balance is allowed, and for traders enrolled in the Multiplier account, a maximum overall drawdown of either 5% or 2.5% from their initial balance is allowed based on 2x or 5x challenge respectively.

Let’s delve into examples to elucidate this calculation:

**Scenario 01:**

Assume you begin with a $100,000 account, with a maximum overall loss limit of 10% ($10,000). If your account balance or equity ever falls below $90,000, it would violate the rule. To avoid such violations, you must ensure your account balance or equity remains above $90,000.

** Scenario 02:**

Now, suppose you commence with a $100,000 account and earn a $4,000 profit. In this scenario, your overall maximum loss limit increases to $14,000 ($10,000 original limit + $4,000 profit). Consequently, you can sustain a total loss of $14,000. Should your account balance or equity dip below $90,000, it would breach the rule.

In summary, comprehending the overall maximum loss limit is pivotal in managing your trading account. By maintaining your account balance or equity above the required % threshold, you can sidestep potential violations and ensure a fruitful trading journey.

Yes, it is allowed on all the model

Copy trading is exclusively permitted for personal accounts that are legally linked to the account holder. Any copy trades initiated from signal services or other accounts not directly tied to the account holder during any of the Phases will be deemed a violation. Participation in such activities may result in the immediate termination of your account, irrespective of its current Phase.

Yes, Trading during news is permitted only in Instant Funding model. Please note that news straddling methods are prohibited in all the models including Instant funding, as this is not replicable in live market conditions.

During any evaluation, you can trade freely during news releases. As a Funded Trader in Trade Now Pay Later, Pay as you Progress and 3-Phase Challenge, you can’t open or close trades from 5 minutes before to 5 minutes after High Impact News announcements, but you can hold existing trades.

Executing a trade means opening or closing a pending order (including stop loss or take profit) or a market execution. This is considered a hard breach in Trade Now Pay Later model, Pay as you Progress and 3-Phase Challenge models and will result in the termination of your account.

We use Economic calendars Forexfactory and Investing.com to identify the High Impact News events.

Yes, scalping is indeed recognized as a legitimate trading style, and it is permitted as long as it can be executed within live market conditions.

Hedging within the same account under the same trader is permissible. However, engaging in hedging buy trades in one account and sell trades in another account under the same trader to pass challenges is strictly prohibited. Similarly, group hedging involving multiple individuals coordinating opposing positions is also not allowed.

Yes. It is mentioned as Trading Stability Score for different programs. This rule is applicable to only funded accounts but not challenge accounts at this time.

Example:

For the Instant account, No single trading day can represent 20% or more of the total cumulative Profit and Loss (PnL) since the last payout or the account purchase. If an account accumulates a Trading stability score equal to or more than 20, the payout will be deferred until the next review date and added to the subsequent payout. The score resets upon payout. It’s important to note that having a high inconsistency score will NOT lead to the closure of the account.

General Note – Applicable to all the programs:
We welcome high stakes traders, but if we find the behaviour pattern change abnormally on the live account vs challenge accounts, we might ask the trader to retake the challenge to meet his real account trading style till they match their challenge style. Kindly do note that the we should be able to understand the type of trader we are funding, so that appropriate risks can be applied. Trader taking high risks just to pass a phase in minimum days wont serve either you or us. Again, high risk traders are welcome if that’s your trading style and you want to do the same thing on the live account as well. We just dont encourage taking our  challenges casually. So far, we haven’t had a single issue with any trader on this approach, hopefully you also like our existing traders that look at trading as a long-term business that all of us are a part of.

We do not impose any lot size rules, but lot sizes are limited to the margin of the account.

Take note that lot sizes will also be dependent on your account leverage.

There are no restrictions on a minimum holding period for any trades. However, High Frequency Trading (HFT) that involves excessive activity on our trading platform is not permitted. To clarify, manually opening a trade and closing it after a few seconds is not considered HFT and is allowed.

Trading from multiple IP addresses or devices is permitted as long as you are trading your own account and adhering to our trading rules. We recognize that traders may occasionally travel outside their country, and as long as the trader can provide proof if the system flags any activity as suspicious, there are no issues.

The use of VPS (Virtual Private Servers) and VPNs (Virtual Private Networks) is permitted as long as you are trading your own account and adhering to our trading rules.

Yes, you can trade from any device that support MT5.

Despite having Unlimited Trading Days, traders are required to remain in active trading within thirty (30) days from your last trade taken. This is considered as a HARD breach and the account will be disabled. This rule applies to the life long valid Instant accounts too, if there’s no trading activity for 30 days on Instant account, that will be disabled as well.

Make sure you follow the trading objectives given in the program – Max Daily Drawdown, Max Overall Drawdown, Minimum trading days.

No limit, take your time!
But please be aware of our trading inactivity period rule. You can read more from here

No limit, take your time!
But please be aware of our trading inactivity period rule. You can read more from here

In our Pay as You Progress account in the first withdrawal, you’ll get up to 85% of the profit split;

Kindly refrain from using Prohibited strategies like High-Frequency Trading (HFT), Latency Trading, Copy trading from other, Use of Platform or Data Freezing Due to Demo Server Errors. You can find more information on Restricted/Prohibited strategies in our TnC.

Inactivity Period:

Despite having Unlimited Trading Days, traders are required to remain in active trading within thirty (30) days from your last trade taken. This is considered as a HARD breach and the account won’t be eligible for reviews for any payouts, if any.

Make sure you follow the trading objectives given in the program – Max Overall Drawdown, Minimum trading days and Trading Stability Score.

We embrace all profitable trading styles, including discretionary trading, hedging, algorithmic trading, EAs, etc., provided that your trading practices are legitimate, reflective of real market conditions, and executable on our live corporate accounts.

However, strategies that are impractical in real-world market conditions and likely to be rejected by the market or deemed unacceptable by The Prop Game are prohibited. This measure ensures that our traders cultivate the appropriate mindset and approach towards funding.

Prohibited strategies may encompass certain EAs and robots that exploit trading platform inefficiencies, such as tick scalping and arbitrage trading. Strategies that deviate from trading according to live market conditions are not permitted. When utilizing EAs from third parties, it’s important to acknowledge that other traders may already be employing the same EA with an identical trading strategy. Relying on a third-party EA poses a potential risk of account violation. Additionally, the simultaneous opening of positions in opposite directions using different accounts is prohibited.

High-frequency trading (HFT) that induces hyperactivity on our trading platform is also prohibited.

Engaging in any of the aforementioned strategies will lead to immediate termination and/or a permanent ban on your trading and The Prop Game account. Profits generated using such strategies, as well as application fees, will be forfeited.

On the Instant account, you’ll get upto 20% and upto40% of the profit split based on the type of Instant account chosen.

Make sure you follow the trading objectives given in the program description – Max Overall Drawdown and Minimum number of trades.

On the Multiplier account, you’ll get up 2x to 5x of the fee that you have paid to start the challenge.

At present, The Prop Game offers MT5as our trading platform of choice. We will be launching more platforms soon.

We provide forex pairs, metals, indices CFDs and energies. For the full list of tradable instruments, check the symbols listed on the trading platform from the partner broker’s terminal applications(PC/Mobile)

At present, The Prop Game offers the MetaTrader 5 platform as the main trading platform. We will be launching other platforms soon.

Yes, you can merge your accounts upon request to support@thepropgame.com. However, we can only merge Phase 3 accounts in Pay as You Progress evaluation program. The accounts shouldn’t have any trading activity started yet.

Trading Stability Score (TSS) is all about Consistency in trading.

With a lower value indicating a higher consistency of trades, which could help you to achieve better results, which should be the goal for anyone who wants to stay in the trading business for a longer period of time.

If a trader’s Consistency Score is 100%, it means that all of his/her profit was made on a single day. Therefore, it is very difficult to evaluate the consistency and profitability of a strategy based on the results based on only one day of trading.

The Consistency Metric is calculated using the following formula:
((Highest Profit or Loss Day / Absolute Sum of all Trading Days) x 100.

If an account accumulates a Trading stability score equal to or more than the Max TSS value of the program, the payout will be deferred until the next review date and added to the subsequent payout. The score resets upon payout. It’s important to note that having a higher consistency score will NOT lead to the closure of the account.

This is applicable only to the funded accounts at the moment. (Instant, Pay as you Progress, 3-Step and Trade Now Pay Later)

Max TSS value for Instant Funding and Pay as you Progress: 20
Max TSS value for Trade Now Pay Later and 3-Step Challenge: 15

We welcome high stakes traders, but if we find the behaviour pattern change abnormally on the live account vs challenge accounts, we might ask the trader to retake the challenge to meet his real account trading style till they match their challenge style. Kindly do note that the we should be able to understand the type of trader we are funding, so that appropriate risks can be applied. Trader taking high risks just to pass a phase in minimum days wont serve either you or us. Again, high risk traders are welcome if that’s your trading style and you want to do the same thing on the live account as well. We just dont encourage taking our  challenges casually.

It’s totally your choice in case of evaluation. Where as in any funded account, risk on a single trade setup risk shouldn’t exceed more than 50% of the Max daily loss unless the trades within the setup are moved to Breakeven. This is not a hard breach and the account won’t be suspended, the profits that happen on such particular high risk All-in trades will be ignored during the payout calculation.

Eg: The total risk on a single trade setup shouldn’t exceed 2.5% in Pay as you Progress funded account as the Max Daily loss is 5%.

The leverage provided varies depending on the market and account type:

For Trade Now, Pay Later, Pay as You Progress and 3-Step Challenge Accounts:
1. Forex pairs: Upto 1:100
2. Metals, Indices, Energies: Upto 1:50

For Instant Accounts:
1. Forex pairs: 1:10
2. Metals, Indices, Energies: 1:5

For Multiplier Accounts:
1. Forex pairs: Upto 1:100
2. Metals, Indices, Energies: Upto 1:50

Swap fees vary for differing trading pairs. More information can be found on the cTrader platform under “Symbol Info“.

Swap fees are charged when you hold your positions overnight. Do take note that swap fees are tripled on Wednesdays for Forex/Metals, and Fridays for Energies/Indices. This fees are charged everyday after 00:00HRS (UTC+0).

We accept debit and credit cards payments via a licensed, regulated payment processor – Stripe. The registration fees for The Prop Game Evaluation Account is a one-time fee, and does not include any hidden charges or recurring charges.

SL is not required for Instant accounts, though its highly recommended to always use SL.

You are required to setup an SL within the first 2 minutes of placing your trade only in the funded phase of Trade Now Pay Later, Pay as you Progress, 3-Step Challenge accounts.

If you fail to place a stop loss within two minutes of executing a trade, our system will automatically detect this and consider this as an hard breach, resulting in the termination of your account.

No. After the credentials are sent to the user via an email or shown in their dashboard, the option to request for a refund is not possible. You can read more about this in our Refund Policy.

Yes, in the case of the Pay as You Progress and 3-Step Challenge models. It’s worth noting that the fee will always be refunded to the trader upon the withdrawal of their very first profit split from the The Prop Game Account. The fees are not refundable in the case of Trade Now Pay Later, Insant Funding and Multiplier accounts.

All payouts will be processed through international bank transfer or Wise (USD). For users that choose Crypto option, we use USDT via ERC2o to send their rewards.

Yes, as processing fees can sometimes be higher than the intended withdrawal amount, there is a minimum withdrawal amount of USD 50 for all the payout requests. This includes Crypto payouts too.

Upon receipt of your payout, it is the trader’s responsibility to comply with the tax laws and regulations of their respective country.

You can find this value in your trading objectives on the user dashboard for the respective account. It is also shown as “Trading Stability Score: %” displayed from the Live Trading Dashboard Indicator.  This file is available in the Downloads section of the Trader Dashboard.

Click here to find more information about TSS.

The Trading Stability Score  is calculated using the following formula:
(Highest Profit or Loss Day / Absolute Sum of all Trading Days) x 100

Click here to find more information about TSS.

Yes, we do. We are partnered with Forum Pay to process both payments as well as payouts. They instantly verify the consumer’s wallet, availability of funds and flag any security concerns through the help of Chainalysis and notify us if your Crypto address or wallet is blacklisted for any reason.

The Prop Game provides a super low commission of US$3 per round lot for all markets.

Traders from any corner of the world are welcomed to join us, with no specific qualifications required. However, it’s imperative that all clients are at least 18 years old. We aim to identify traders who can trade profitably and exhibit sound risk management practices.

Please be aware that The Prop Game does not extend its services to individuals residing in, or originating from, the United States, Cuba, Iran, Syria, North Korea, Democratic Republic of the Congo, Iran, Libya, Somalia, South Sudan, Sudan, Yemen, Russia, Crimea, Donetsk, and Luhansk regions of Ukraine. Similarly, individuals listed on UN sanction lists, those with a history of financial crime or terrorism-related offenses, and individuals previously banned due to contract violations are also excluded from our services.

The Prop Game is registered and operating in Singapore. It is important to note that The Prop Game does not function as a broker, an investment company, or an exchange. Thus, at this current juncture, The Prop Game is not required to be regulated by the Monetary Authority of Singapore (MAS).

The Prop Game is registered and headquartered in Singapore, boasting a team of committed individuals who consistently pursue excellence for our traders.

In Trade Now Pay Later model, first withdrawal request of the payout has to be after thirty (30) trading days from the execution of your very first trade on your Phase 3 account, unless you choose the biweekly add-on during the checkout.

In Pay as You Progress model, first withdrawal request of the payout has to be after thirty (30) trading days from the execution of your very first trade on your Phase 3 account.

In Instant funding model, a withdrawal request of the payout has to be after twenty five (25) trading days from the execution of your very first trade on your Instant account.

In Multiplier model, a withdrawal request of the payout has to be after two (2) trading days from the execution of your very first trade on your Phase 3 account.

In 3-Step Challenge funding model, a withdrawal request of the payout has to be after twenty five (25) trading days from the execution of your very first trade on your Funded account.

There is a minimum simulated profit of $50 to be eligible for a withdrawal of performance rewards.

Phase 1 and Phase 2 should be passed simultaneously, not meeting the objectives of Phase 2 will make the 2-Step Evaluation program invalid.

If your account breach happens due to any violation of rules in Phase 2, you would need to start again from Phase 1, Verification stage.

As a support, we would offer you a great discount of up to 20% on your repeat purchase if you had already passed Phase 1 before. Just send us an email to support@thepropgame.com with your Phase 1 and Phase 2 Account info for the coupon before your repurchase. Kindly note that this discount is applicable for only those who have already cleared Phase 1.

Congratulations! Now you can proceed to purchase the Phase 2 Challenge phase. You will receive further instructions of proceeding with Phase 2 on your email.

Congratulations! You did it! You are now a Funded trader from the Prop Game! You will receive further instructions about KYC and funded account on your email.