FAQ
- All
- 3-Step Challenge
- About The Prop Game
- General
- Instant Funding
- Multiplier Challenge
- Pay as You Progress
- Payments
- Payouts
- Technical Help
- Trade Now Pay Later
- Trading Rules
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.
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 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.
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
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.
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.
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.