CEOGiorgos Piskopianos
Country
flag
LC
Date Created11/1/2024
Years in Operation1.5
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PropXP
50%OFF

PropXP Prop Firm Details

Firm Overview

Broker:

Liquidity ProviderLiquidity Provider

Platform:

MT5MT5

Payment Methods:

 Credit Card Credit CardCryptoCryptoMaster CardMaster Card

Payout Methods:

CryptoCrypto

Type of Instruments:

forexcryptometalsenergy

Leverage

1 Step & 2 Step Challenges:

  • FX Majors: 1:100

  • Metals, Indices & Energies: 1:25

  • Crypto: 1:2

  • Stocks: 1:10


1 Step & 2 Step Funded:

  • FX Majors: 1:50

  • Metals, Indices & Energies: 1:25

  • Crypto: 1:2

  • Stocks: 1:10


Instant Funding:

  • FX Majors: 1:50

  • Metals, Indices & Energies: 1:25

  • Crypto: 1:2

  • Stocks: 1:10

Commissions

  • FX & Metals: $5/lot roundtrip

  • Indices & Crypto: $0

Account Sizes

  • 1 Step: $3k to $200k

  • 2 Step: $3k to $200k

  • Instant: $3k to $100k

Max Allocation

  • You can trade up to $400k across challenge, funded, and instant accounts

Daily & Maximum Loss

  • 1 Step: 3% Daily Loss / 6% Maximum Loss

  • 2 Step: 5% Daily Loss / 10% Maximum Loss

  • Instant: 3% Daily Loss / 6% Maximum Loss

Drawdown

  • 1 Step: Static Balance Based

  • 2 Step: Static Balance Based

  • Instant: Static Balance Based

Risk Management

  • Allocating over 25% of available margin to one instrument is a red flag. If it happens, it may lead to profit cancellation and eventually account closure

  • Instant Funding has a 1% max floating loss cap across all open positions combined. Hitting 1% floating loss once will result in a warning and your profit split dropping permanently to 50%. Hitting it a second time will breach the account

  • Trades cannot be closed within 2 minutes of opening. This includes Stop Loss, Take Profit, or manual closure. Every trade must be held for at least 2 minutes


Violations are handled as follows:

  • 1st violation: Warning

  • 2nd violation: Final warning

  • 3rd violation: Account breach


Note: The 2 minute rule applies only to funded & instant accounts, not challenge accounts

Consistency Rules

  • 1 Step - Challenge & Funded: 40%

  • 2 Step - Challenge & Funded: 40%

  • Instant: 20%

Minimum Trading Days

  • 1 Step: None

  • 2 Step: None

  • Instant: 5 profitable non-consecutive days of (0.5%)

News Trading

Allowed

  • News trading is allowed in all challenge accounts

Not Allowed

  • For funded & instant accounts: Opening or closing a position 5 minutes before or after a High Impact News event is prohibited

Note: You can trade all news events on all accounts with the add-on

Overnight & Weekends Holding

  • Overnight holding is allowed in all accounts

  • Weekend holding is allowed on all challenges

  • Weekend holding is NOT allowed on funded & instant accounts

Note: you can hold trades on weekends in funded & instant accounts with add-on

Copy Trading

Allowed

  • You are allowed to use a trade copier across all PropX challenge, funded, and instant accounts

  • You are allowed to use a trade copier from all your PropX accounts to an external account, and vice versa

  • All accounts must be under your name

Not Allowed

  • Copying trades from another trader’s account is prohibited (including signals, purchased strategies, and social copy trading platforms)

  • Copy trading from a different user to PropX accounts is prohibited

Experts

Allowed

  • Using your own Expert Advisor

Not Allowed

  • Performing any prohibited activities is not allowed

VPN/VPS

  • Use a paid VPN or VPS with a dedicated IP from the same country every time you connect

  • Free VPNs may involve multiple users sharing the same IP address, which can create security risks and may lead to account loss

  • Sharing your VPS connection with others is prohibited

Profit Share

  • 1 Step: 80%

  • 2 Step: 80%

  • Instant: 80%

Note: Up to 95% profit split on all accounts with the add-on

Payout Policy

  • You need at least 1% profit in the account to request a payout

  • Payout requests on all accounts are available every two weeks

Note: Payout requests are available every 7 days on all accounts with the add-on

Scale Up Plan

  • None

Inactivity Rules

  • If no trades are opened within 30 days after warnings, the account will be closed

Prohibited Strategies

  • Overleveraging, One-Sided Trading, Martingale, HFT, Arbitrage, and Hedging are prohibited

Restricted Countries

United States
United States
North Korea
North Korea

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