FAQ

How are the accounts managed?

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.

How much is the Profit Split with The Prop Game?

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.

What is the initial balance I’ll be trading with, and what’s the maximum capital allocation I can have?  

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.

When will I have to submit the KYC documents?

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 3rd 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.

What is the Commission of the trading account?

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

When will I receive my Phase 2 and Funded accounts?

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.

Can I reset my account if I violate the rules?

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”.

Do you offer free trial accounts?

We do not offer free trial accounts at the moment.

Are there Swap-free/Islamic accounts?

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

Do you offer crypto trading?

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

What is the maximum number of accounts I can have?

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.

Do you offer MetaTrader 4/5 (MT4 and MT5)?

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

Can I merge my accounts?

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.

What is the leverage of the trading account?

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

What are the swap fees?

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).

What are the accepted payment methods? Are there any hidden fees or recurring fees?

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.

Are the challenge fees refundable?

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.

How much are the commission fees?

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

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