Explore PropFunders FAQ Page For Help & Answers
Frequently Asked Questions (FAQ)
A Forex Prop Fund, or proprietary trading firm, provides traders with access to trading capital, technology, and infrastructure. Traders use the firm’s capital to trade the Forex market and share the profits. These firms typically do not manage client funds but instead pool their resources to create trading opportunities for their team of skilled traders. The firm benefits from the expertise of the traders, while the traders gain access to larger amounts of capital than they might have on their own, enhancing their potential for profit.
Our Unique Approach to Forex Prop Funds
At PropFunders, we take a modern approach to the traditional prop fund model by using virtual capital for our evaluations. Traders participate in our programs by trading in a simulated environment with virtual funds. This allows us to assess their trading skills and strategies without the risk associated with real money. Once traders successfully pass our evaluation stages, they become eligible for payouts from our company funds. This innovative approach ensures a risk-free evaluation for both the trader and the firm, promoting a fair and transparent pathway to professional trading success.
We currently allow four payment methods including;
⦁ Rise https://www.riseworks.io/
⦁ Cryptocurrency
⦁ Bank Transfer
⦁ PayPal
Please note that for crypto payouts we only offer this for amounts up to USD$2000. For crypto payouts higher than this it is done through our partner RiseWorks for regulatory reasons.
How Payouts Work With RiseWorks
Riseworks.io is a financial services company that specializes in payout processing. Through our platform, you can withdraw your payout to either your cryptocurrency wallet or bank account. To get your payout processed with Riseworks.io, you must first sign up using the invitation sent to your email, complete the KYC process, and sign the necessary agreement. Once these steps are completed, your payout will be deposited into your Riseworks.io account within 24 hours. Please ensure that the email used to create your Riseworks.io account matches the one associated with your PropFunders account.
FX Pairs, metals, indices, commodities and cryptocurrencies are able to be traded here.
Copy trading is only allowed from another PropFunders account, broker account or prop firm account owned by the same individual, copy trading from accounts not owned by the same individual is strictly prohibited. Pass your challenge and account management services are not allowed as the trading should be based solely on the traders own ability.
The region of your IP address(es) used to log into the Master account must remain consistent.
If our Risk Team detects a change in the region, they may contact you to confirm this and request proof, such as an airline ticket, passport stamp, or live video of the location.
Multiple accounts on a similar IP address are strictly prohibited, this is to rule out group trading, to ensure fairness for all traders and for security purposes.
We aim to send all platform login details instantly after your purchase. In some rare cases there may be a delay and we’d ask to allow up to 24 hours in such cases.
Yes, it is prohibited to change your trading platform password (not to be confused with your www.propfunders.com website password) as this will cause issues with the monitoring of your trading performance therefor resulting in a failed program.
On the Instant Funding programs you cannot hold trades over the weekend by default. However, you’re welcome to purchase our weekend holding add-on if you wish to hold trades over the weekend.
While we encourage take profits and stop losses to assist with risk management and to help with your trading overall, we don’t require them to be used.
Simulated Hedging or executing simulated reverse trades within a single demo account is permitted. However, executing a simulated buy trade on one demo account and a simulated sell trade on another demo account is prohibited. This violates the rule against simulated reverse trading or simulated hedging across multiple demo accounts.
Simulated Group hedging involves individuals coordinating opposing positions across one or multiple prop firms or simulated prop firms to reduce/eliminate risk and exploit prop firm or simulated prop firm rules. This practice is also prohibited.
PropFunders is a forward-thinking proprietary trading firm with a mission to cultivate and support successful traders. With over 40 years of combined industry experience, our team is led by a visionary CEO who was a pioneer in prop trading long before it became mainstream. Our commitment to innovation and excellence drives us to provide unparalleled support and resources for our traders.
At PropFunders, we believe in the transformative power of trading and education. Our vision is to create an environment where talented individuals can thrive and reach their full potential. We are dedicated to fostering a community of traders who are not only skilled but also ethical and responsible.
Our company is built on strong philanthropic values. We strive to give back to the community and support various charitable causes, reflecting our belief in making a positive impact beyond the trading floor.
We pride ourselves on our diverse and multicultural team, which brings a wealth of perspectives and expertise to the table. This diversity enhances our ability to innovate and adapt in an ever-changing market landscape.
Prop Funders is more than just a prop trading firm; we are a family of passionate professionals committed to helping our traders succeed and make a difference in the world.
Absolutely! At PropFunders, we welcome affiliates to join our growing community. As an affiliate, you have the opportunity to earn generous commissions by referring talented traders to our platform. With our competitive compensation structure, comprehensive marketing support, and cutting-edge trading programs, promoting PropFunders is both rewarding and straightforward. Join us today and become a vital part of our mission to cultivate successful traders worldwide. Sign up now and start earning with PropFunders!
Our affiliates can earn up to 18% commission through our tiered affiliate program. Here’s how it works:
– 1-49 customers: 10% commission
– 50+ customers: 12% commission
– 150+ customers: 15% commission
– 300+ customers: 18% commission
As you bring in more customers, your commission rate increases, allowing you to maximize your earnings. Join our affiliate program today and start benefiting from our competitive commission structure!
High Frequency Trading (HFT):
High-Frequency Trading (HFT) is a trading approach defined by the use of advanced algorithms and high-speed communication systems to conduct a large volume of trades in just milliseconds or seconds. This method seeks to take advantage of tiny price movements and market inefficiencies. Although HFT can appear attractive because of its potential for quick profits, it carries substantial risks and can negatively impact market stability.
Arbitrage Trading:
Arbitrage trading involves taking advantage of price differences or delays between various markets or platforms to earn risk-free profits. At PropFunders, all types of arbitrage trading are banned due to their unethical implications and potential to undermine fair market practices.
Copy Trading/Using Signals:
PropFunders permits traders to engage in copy trading from any Prop Funders account, prop firm, or retail broker as long as the accounts are under the same ownership. This allows you to copy trades from any accounts that you personally own.
Please note that using signals such as those available on MQL5.com or any other signal provider website is not permitted.
However, copy trading across multiple accounts that are not owned by the same person, including those belonging to relatives, family members, or friends, is strictly forbidden. Please note that we have software and detection methods in place to check for copy trading and if an account is found to be using copy trading that is not permitted it will result in account termination.
Hedging and/or Group Trading:
At PropFunders, hedging is allowed within the same account.
However, using multiple accounts for hedging is not permitted, as it does not reflect a legitimate trading strategy. For instance, if you have two accounts, you are not allowed to place hedged entries between them.
Example: If you have Account A and Account B, and you buy 1 lot of EUR/USD on Account A while simultaneously selling 1 lot of EUR/USD on Account B to hedge, this is not allowed.
Conversely, if you buy 1 lot of EUR/USD on Account A and simultaneously sell 1 lot of EUR/USD on Account A, this is permitted.
Hedging or group hedging across multiple accounts involves opening several accounts and executing opposing trades on the same asset across these accounts. This strategy aims to take advantage of price fluctuations while minimizing risk but does not demonstrate genuine trading acumen. Group trading where traders come together to trade very similar trades is not permitted and we have risk detection software in place to detect this.
Tick Scalping:
Tick scalping is a trading approach where traders seek to gain from minor price movements by executing a large number of trades in a very short period. PropFunders has implemented restrictions on tick scalping due to its potential for market manipulation and disruptive trading behavior.
For example, a tick scalper might use automated trading systems to make quick trades on financial instruments. By acting at extremely high speeds, they capitalize on even the tiniest price changes, effectively front-running other market participants and gaining an undue advantage. The rapid influx of orders and their frequent cancellations can negatively impact market liquidity, making it difficult for other traders to secure trades at fair prices.
One-sided Betting:
One-sided trading refers to a strategy where a trader repeatedly takes positions in a single direction without considering current market conditions or conducting thorough analysis. At PropFunders, one-sided trading is prohibited due to its speculative nature and the high risk of large losses. This approach involves persistently buying or selling an asset without factoring in important fundamental data, economic reports, or technical indicators that could signal potential price changes. Failing to analyze these factors can lead to trades with poor risk-reward outcomes.
Example: A trader practices one-sided trading by consistently purchasing an asset, ignoring warning signs or negative trends that suggest a market downturn. This lack of diversification exposes the trader to significant losses if the asset’s value suddenly drops.
You can use any Expert Advisor (EA) you have on your trading account, as long as it does not:
⦁ Copy trades of other person’s signals
⦁ Do tick scalping
⦁ Perform latency arbitrage trading
⦁ Perform reverse arbitrage trading
⦁ Perform hedge arbitrage trading
⦁ Use emulators
In addition to the above, traders are not permitted to use an EA where you don’t own the source code or use a third party EA that can be purchased online or by similar means (EA’s are prohibited to be used where other traders have the same trades open, which can be often found through the same strategy or traders using the same EA).
The Minimum Trading days for the Instant Funding Program is 5 days. A trading day is calculated as a day where you have made at least one trade. Days where there have been no trades is not counted as a trading day.
At PropFunders, we have clear rules in place to maintain fairness, consistency, and responsible risk management. If you break a rule, the outcome depends on the type of rule violated — either a hard breach or a soft breach.
A hard breach results in an immediate failure of your evaluation or funded account. This includes exceeding the maximum daily loss, maximum overall loss, or breaking any rules listed in the Restricted Trading Strategies section (e.g. using prohibited EAs, group trading, or latency arbitrage).
A soft breach does not immediately fail your account but is still taken seriously. Soft breaches include actions like trading during high-impact news events. While a single soft breach won’t cause failure, repeated soft breaches can lead to account termination.
The Max Loss Limit for the Instant Funding Program is 6% of your initial balance, and it operates on a trailing drawdown basis.
This means your account equity must never fall more than 6% below the highest equity value reached—including both closed and open positions. As your equity increases, your drawdown limit trails upward and locks in gains. However, it never decreases if your equity falls.
Example:
If you start with a $100,000 account, your maximum allowable drawdown is $6,000.
This means if your equity falls below $94,000 at any point, your account would breach the rule.
Now let’s say:
You grow your equity to $108,000, either through closed or floating profits.
Your new max drawdown level would move up to $102,000 (i.e., $108,000 – $6,000).
If your equity later drops below $102,000, the account would violate the drawdown rule—even though you are still above the initial balance.
Daily Loss Limit (3%)
The Daily Loss Limit is the maximum your account is allowed to lose in a single day. It is calculated based on the previous day’s account balance at 5 PM EST, and it resets daily at that time.
As your account grows, the daily loss limit compounds accordingly—meaning your limit increases as your balance increases.
Example:
If your previous day’s ending balance (at 5 PM EST) was $100,000, your daily loss limit would be 3%, which equals $3,000. This means:
You must not allow your account equity to fall below $97,000 at any point during the trading day.
Even if your account is floating a $6,000 profit, your daily loss limit is still based on the prior day’s balance, not the current equity.
Therefore, the next day’s daily loss limit would still be $97,000, as it’s calculated from the $100,000 balance.
There is no minimum Profit Target required for the Instant Funding Program.
The profit share for the Instant Funding program (before account scaling takes place) starts at 60% of the profits you earn. Once account scaling occurs you can receive up to 95% of the profits. For more information on account scaling please see our “How Does Account Scaling & Monthly Bonuses Work?” rule below.
Once you have proven to be successful we will help you with your growth and your profit share can increase for the Instant Funding Program from the initial 60% to 95% by consistently growing your account further.
See the below examples of how account scaling works;
– All trades must be closed to be eligible to progress
– You have a minimum number of 4 consecutive payouts and a total profit of 10% on the one account = an increment of 20% is applied to your initial balance. Profit share increases to 65%.
– You have a minimum number of 8 consecutive payouts and a total profit of 20% on the one account = an increment of 20% is applied to your initial balance. Profit share remains at 65%.
– You have a minimum number of 12 consecutive payouts and a total profit of 30% on the one account = an increment of 30% is applied to your initial balance. Profit share increases to 70%.
– Senior Trader Level. You have a minimum number of 16 consecutive payouts and a total profit of 40% on the one account = an increment of 30% is applied to your initial balance. Profit share increases to 75%. Monthly Bonuses are also provided at this level onwards (see the Monthly Bonuses information below).
– You have a minimum number of 20 consecutive payouts and a total profit of 50% on the one account = an increment of 30% is applied to your initial balance. Profit share remains at 75%.
– You have a minimum number of 24 consecutive payouts and a total profit of 60% on the one account = an increment of 30% is applied to your initial balance. Profit share increases to 80%.
– Master Trader Level. You have a minimum number of 30 consecutive payouts and a total profit of 70% on the one account = an increment of 30% of your initial balance is applied. Profit share increases to 95%. (Please note after this stage, for every 10% profit gain on the most recent scaled up balance you will continue to have an increment of 30% applied to your initial balance regardless of the number of payouts, You can continue to scale up until you reach our maximum virtual capital allocation of $2.5 million).
How Do Monthly Bonuses Work?
Along with your profit share and to reward consistency and good trading we provide monthly bonuses. Once you reach the Senior Trader Level monthly bonuses are applied and are continually applied unless an account breach occurs.
The Monthly Bonuses for the Instant Funding program are as follows:
⦁ $100 for the $5k account
⦁ $200 for the $10k account
⦁ $350 for the $25k account
⦁ $500 for the $50k account
We offer up to 30:1 leverage on Forex and Metals, up to 10:1 leverage on Indices, up to 5:1 leverage on
Oil and up to 2:1 leverage on Cryptocurrencies for the Instant Funding Program.
Yes, for traders who pass and reach the Funded Trader stage the fee is refundable when you reach 10% simulated profit. Please note that fees are not refunded before the first payout. We also offer a 14 day refund policy should you change your mind after purchasing providing that the trading account has not been traded on.
The Max Loss (Drawdown) that we use for the Instant Funding Program is trailing. Please see our “What Is The Max Loss For The Instant Funding Program?” rule for further guidance.
Yes, we provide payout certificates for all of our traders who receive a payout. We also provide certificates to traders who pass our evaluations and reach the funded stage.
Anyone over 18 years of age, with any level of trading experience is welcome to join us as a trader. PropFunders values its expansive range of traders from all over the world, of different nationalities, cultures, and skill levels.
Due to reasons beyond our control, there is a list of countries that we cannot accept. The restricted countries include: Afghanistan, Central African Republic, Cuba, Congo Republic, Crimea, Democratic Republic of Congo, Guinea, Guinea-Bissau, Iraq, Iran, Libya, Mali, Myanmar, North Korea, Papua New Guinea, Russia, South Sudan, Sudan, Somalia, Syria, Venezuela, Yemen.
We currently work with cTrader, DXtrade and MatchTrader (MatchTrader features integrated charting powered by TradingView, providing advanced tools and real-time data for in-depth market analysis. Users can monitor live prices, follow key economic events through the economic calendar, and access a range of powerful research tools—all in one platform). Step-by-step platform tutorials are available in your dashboard after signup.
Once you register you can purchase an account using either credit/debit card, Paypal or cryptocurrency. To join us simply click here or you can view our account options here.
A trader can qualify for a payout 14 days after their first trade on the funded account, and subsequently, 14 days following the first trade after making a withdrawal. To qualify for a payout on funded accounts, the account balance must be above the initial balance with no rule violations recorded. Additionally, the trader must have all positions closed (no open trades or orders) to receive the payout.
All payouts are paid on a bi-weekly (fortnightly) cycle and normally the 7th and 21st of each month.
Payouts are processed within 1-2 business days. All Funded Traders can request payouts via their dashboard. Payouts are handled through Bank Transfer, PayPal, Cryptocurrency and Riseworks.io. Riseworks.io allows transfers to both bank accounts and crypto wallets. For crypto payouts we only offer this for amounts up to USD$2000. For crypto payouts higher than this it is done through our partner RiseWorks for compliance reasons.
We do not charge any commissions or hidden fees for payouts. The minimum withdrawal amount for RiseWorks is $500, while the minimum amount for all other withdrawal methods is $50 (this is to cover third party payment processing fees).
Yes, news trading is allowed throughout all our programs. Opening a position within 3 minutes before or after a major (red folder) News Event is prohibited. Any traders identified as having opened a position during a major News Event are subject to having that position closed and the associated P&L removed from their account.
This rule is defined as a soft breach and intended to protect the integrity of our program and is not meant to penalize traders who inadvertently trade through a news event.
Trading hours are generally set by the Liquidity Provider, unless set by our rules. We do not have any
control over the trading hours. You can see the trading hours for each product by using the following
methods:
DXtrade – Right click symbol, select “Instrument Info”
MatchTrader – Click symbol to expand, select “Info”
cTrader – Navigate to Symbol Window, scroll down to see “Market Hours” for selected symbol
Please note that holidays can have an impact on available trading hours.
At Prop Funders, we require all traders to sign up as individuals. This means you must use your personal name and identity when registering. Registration under a business or company name is not allowed. Additionally, all submitted information will be carefully verified through our Know Your Customer (KYC) process to ensure compliance and authenticity
The restricted countries include: Afghanistan, Central African Republic, Cuba, Congo Republic, Crimea, Democratic Republic of Congo, Guinea, Guinea-Bissau, Iraq, Iran, Libya, Mali, Myanmar, North Korea, Papua New Guinea, Russia, South Sudan, Sudan, Somalia, Syria, Venezuela, Yemen.
When trading a Funded Account for our firm, you are treated as an independent contractor. As a result,
you are responsible for any and all taxes on your gains. If unsure, you’re best to speak to a qualified accountant.
A Forex Prop Fund, or proprietary trading firm, provides traders with access to trading capital, technology, and infrastructure. Traders use the firm’s capital to trade the Forex market and share the profits. These firms typically do not manage client funds but instead pool their resources to create trading opportunities for their team of skilled traders. The firm benefits from the expertise of the traders, while the traders gain access to larger amounts of capital than they might have on their own, enhancing their potential for profit.
Our Unique Approach to Forex Prop Funds
At PropFunders, we take a modern approach to the traditional prop fund model by using virtual capital for our evaluations. Traders participate in our programs by trading in a simulated environment with virtual funds. This allows us to assess their trading skills and strategies without the risk associated with real money. Once traders successfully pass our evaluation stages, they become eligible for payouts from our company funds. This innovative approach ensures a risk-free evaluation for both the trader and the firm, promoting a fair and transparent pathway to professional trading success.
We currently allow three payment methods including;
⦁ Rise https://www.riseworks.io/
⦁ Cryptocurrency
⦁ Bank Transfer
⦁ PayPal
Please note that for crypto payouts we only offer this for amounts up to USD$2000. For crypto payouts higher than this it is done through our partner RiseWorks for regulatory reasons.
How Payouts Work With RiseWorks
Riseworks.io is a financial services company that specializes in payout processing. Through our platform, you can withdraw your payout to either your cryptocurrency wallet or bank account. To get your payout processed with Riseworks.io, you must first sign up using the invitation sent to your email, complete the KYC process, and sign the necessary agreement. Once these steps are completed, your payout will be deposited into your Riseworks.io account within 24 hours. Please ensure that the email used to create your Riseworks.io account matches the one associated with your PropFunders account.
FX Pairs, metals, indices, commodities and cryptocurrencies are able to be traded here.
Copy trading is only allowed from another Prop Funders account, broker account or prop firm account owned by the same individual, copy trading from accounts not owned by the same individual is strictly prohibited. Pass your challenge and account management services are not allowed as the trading should be based solely on the traders own ability.
The region of your IP address(es) used to log into the Master account must remain consistent.
If our Risk Team detects a change in the region, they may contact you to confirm this and request proof, such as an airline ticket, passport stamp, or live video of the location.
Multiple accounts on a similar IP address are strictly prohibited, this is to rule out group trading, to ensure fairness for all traders and for security purposes.
We aim to send all platform login details instantly after your purchase. In some rare cases there may be a delay and we’d ask to allow up to 24 hours in such cases.
Yes, it is prohibited to change your trading platform password (not to be confused with your www.propfunders.com website password) as this will cause issues with the monitoring of your trading performance therefor resulting in a failed program.
Yes, certainly! You can hold trades over the weekend on our 1-Step program.
While we encourage take profits and stop losses to assist with risk management and to help with your trading overall, we don’t require them to be used.
Simulated Hedging or executing simulated reverse trades within a single demo account is permitted. However, executing a simulated buy trade on one demo account and a simulated sell trade on another demo account is prohibited. This violates the rule against simulated reverse trading or simulated hedging across multiple demo accounts.
Simulated Group hedging involves individuals coordinating opposing positions across one or multiple prop firms or simulated prop firms to reduce/eliminate risk and exploit prop firm or simulated prop firm rules. This practice is also prohibited.
PropFunders is a forward-thinking proprietary trading firm with a mission to cultivate and support successful traders. With over 40 years of combined industry experience, our team is led by a visionary CEO who was a pioneer in prop trading long before it became mainstream. Our commitment to innovation and excellence drives us to provide unparalleled support and resources for our traders.
At PropFunders, we believe in the transformative power of trading and education. Our vision is to create an environment where talented individuals can thrive and reach their full potential. We are dedicated to fostering a community of traders who are not only skilled but also ethical and responsible.
Our company is built on strong philanthropic values. We strive to give back to the community and support various charitable causes, reflecting our belief in making a positive impact beyond the trading floor.
We pride ourselves on our diverse and multicultural team, which brings a wealth of perspectives and expertise to the table. This diversity enhances our ability to innovate and adapt in an ever-changing market landscape.
Prop Funders is more than just a prop trading firm; we are a family of passionate professionals committed to helping our traders succeed and make a difference in the world.
Absolutely! At PropFunders, we welcome affiliates to join our growing community. As an affiliate, you have the opportunity to earn generous commissions by referring talented traders to our platform. With our competitive compensation structure, comprehensive marketing support, and cutting-edge trading programs, promoting PropFunders is both rewarding and straightforward. Join us today and become a vital part of our mission to cultivate successful traders worldwide. Sign up now and start earning with PropFunders!
Our affiliates can earn up to 18% commission through our tiered affiliate program. Here’s how it works:
– 1-49 customers: 10% commission
– 50+ customers: 12% commission
– 150+ customers: 15% commission
– 300+ customers: 18% commission
As you bring in more customers, your commission rate increases, allowing you to maximize your earnings. Join our affiliate program today and start benefiting from our competitive commission structure!
At PropFunders, we have clear rules in place to maintain fairness, consistency, and responsible risk management. If you break a rule, the outcome depends on the type of rule violated — either a hard breach or a soft breach.
A hard breach results in an immediate failure of your evaluation or funded account. This includes exceeding the maximum daily loss, maximum overall loss, or breaking any rules listed in the Restricted Trading Strategies section (e.g. using prohibited EAs, group trading, or latency arbitrage).
A soft breach does not immediately fail your account but is still taken seriously. Soft breaches include actions like trading during high-impact news events. While a single soft breach won’t cause failure, repeated soft breaches can lead to account termination.
High Frequency Trading (HFT):
High-Frequency Trading (HFT) is a trading approach defined by the use of advanced algorithms and high-speed communication systems to conduct a large volume of trades in just milliseconds or seconds. This method seeks to take advantage of tiny price movements and market inefficiencies. Although HFT can appear attractive because of its potential for quick profits, it carries substantial risks and can negatively impact market stability.
Arbitrage Trading:
Arbitrage trading involves taking advantage of price differences or delays between various markets or platforms to earn risk-free profits. At PropFunders, all types of arbitrage trading are banned due to their unethical implications and potential to undermine fair market practices.
Copy Trading/Using Signals:
PropFunders permits traders to engage in copy trading from any PropFunders account, prop firm, or retail broker as long as the accounts are under the same ownership. This allows you to copy trades from any accounts that you personally own.
Please note that using signals such as those available on MQL5.com or any other signal provider website is not permitted.
However, copy trading across multiple accounts that are not owned by the same person, including those belonging to relatives, family members, or friends, is strictly forbidden. Please note that we have software and detection methods in place to check for copy trading and if an account is found to be using copy trading that is not permitted it will result in account termination.
Hedging and/or Group Trading:
At PropFunders, hedging is allowed within the same account.
However, using multiple accounts for hedging is not permitted, as it does not reflect a legitimate trading strategy. For instance, if you have two accounts, you are not allowed to place hedged entries between them.
Example: If you have Account A and Account B, and you buy 1 lot of EUR/USD on Account A while simultaneously selling 1 lot of EUR/USD on Account B to hedge, this is not allowed.
Conversely, if you buy 1 lot of EUR/USD on Account A and simultaneously sell 1 lot of EUR/USD on Account A, this is permitted.
Hedging or group hedging across multiple accounts involves opening several accounts and executing opposing trades on the same asset across these accounts. This strategy aims to take advantage of price fluctuations while minimizing risk but does not demonstrate genuine trading acumen. Group trading where traders come together to trade very similar trades is not permitted and we have risk detection software in place to detect this.
Tick Scalping:
Tick scalping is a trading approach where traders seek to gain from minor price movements by executing a large number of trades in a very short period. PropFunders has implemented restrictions on tick scalping due to its potential for market manipulation and disruptive trading behavior.
For example, a tick scalper might use automated trading systems to make quick trades on financial instruments. By acting at extremely high speeds, they capitalize on even the tiniest price changes, effectively front-running other market participants and gaining an undue advantage. The rapid influx of orders and their frequent cancellations can negatively impact market liquidity, making it difficult for other traders to secure trades at fair prices.
One-sided Betting:
One-sided trading refers to a strategy where a trader repeatedly takes positions in a single direction without considering current market conditions or conducting thorough analysis. At PropFunders, one-sided trading is prohibited due to its speculative nature and the high risk of large losses. This approach involves persistently buying or selling an asset without factoring in important fundamental data, economic reports, or technical indicators that could signal potential price changes. Failing to analyze these factors can lead to trades with poor risk-reward outcomes.
Example: A trader practices one-sided trading by consistently purchasing an asset, ignoring warning signs or negative trends that suggest a market downturn. This lack of diversification exposes the trader to significant losses if the asset’s value suddenly drops.
You can use any Expert Advisor (EA) you have on your trading account, as long as it does not:
⦁ Copy trades of other person’s signals
⦁ Do tick scalping
⦁ Perform latency arbitrage trading
⦁ Perform reverse arbitrage trading
⦁ Perform hedge arbitrage trading
⦁ Use emulators
In addition to the above, traders are not permitted to use an EA where you don’t own the source code or use a third party EA that can be purchased online or by similar means (EA’s are prohibited to be used where other traders have the same trades open, which can be often found through the same strategy or traders using the same EA).
The Minimum Trading days for the “Level 1 – Assessment” stage is 3 days. The Minimum Trading days for simulated Funded stage 5 days. A trading day is calculated as a day where you have made at least one trade. Days where there have been no trades is not counted as a trading day.
The Max Loss for the 1-Step program is 6% for all stages. Your Max Loss, commonly referred to as ‘drawdown‘ cannot exceed 6% of the initial account balance. If your account balance is $100,000 your max loss cannot exceed -$6,000, meaning that your account balance equity cannot fall below $94,000. However, if your account balance grows to $108,000 this would mean your max loss would be increased to $14,000 ($108,000 new balance – $94,000 original max loss of balance/equity).
Daily Loss Limit (3%)
The Daily Loss Limit is the maximum your account is allowed to lose in a single day. It is calculated based on the previous day’s account balance at 5 PM EST, and it resets daily at that time.
As your account grows, the daily loss limit compounds accordingly—meaning your limit increases as your balance increases.
Example:
If your previous day’s ending balance (at 5 PM EST) was $100,000, your daily loss limit would be 3%, which equals $3,000. This means:
You must not allow your account equity to fall below $97,000 at any point during the trading day.
Even if your account is floating a $6,000 profit, your daily loss limit is still based on the prior day’s balance, not the current equity.
Therefore, the next day’s daily loss limit would still be $97,000, as it’s calculated from the $100,000 balance.
The profit target is 10% for the Level 1 – Assessment stage. No profit target is required for the funded stage.
The profit share once you are a funded trader (before account scaling takes place) is 80% of the profits you earn. Once account scaling occurs you can receive up to 95% of the profits. For more information on account scaling please see our “How Does Account Scaling & Monthly Bonuses Work?” rule below.
Once you have proven to be successful we will help you with your growth and your profit share can increase from the initial 80% to 95% by consistently growing your account further.
See the below examples of how account scaling works;
– All trades must be closed to be eligible to progress
– You have a minimum number of 4 consecutive payouts and a total profit of 10% on the one account = an increment of 20% is applied to your initial balance. Profit share increases to 85%.
– You have a minimum number of 8 consecutive payouts and a total profit of 20% on the one account = an increment of 20% is applied to your initial balance. Profit share increases to 90%.
– You have a minimum number of 12 consecutive payouts and a total profit of 30% on the one account = an increment of 30% is applied to your initial balance. Profit share increases to 95%.
– Senior Trader Level. You have a minimum number of 16 consecutive payouts and a total profit of 40% on the one account = an increment of 30% is applied to your initial balance. Profit share remains at 95%. Monthly Bonuses are also provided at this level onwards (see the Monthly Bonuses information below).
– You have a minimum number of 20 consecutive payouts and a total profit of 50% on the one account = an increment of 30% is applied to your initial balance. Profit share remains at 95%.
– You have a minimum number of 24 consecutive payouts and a total profit of 60% on the one account = an increment of 30% is applied to your initial balance. Profit share remains at 95%.
– Master Trader Level. You have a minimum number of 30 consecutive payouts and a total profit of 70% on the one account = an increment of 30% of your initial balance is applied. Profit share remains at 95%. (Please note after this stage, for every 10% profit gain on the most recent scaled up balance you will continue to have an increment of 30% applied to your initial balance regardless of the number of payouts, You can continue to scale up until you reach our maximum virtual capital allocation of $2.5 million).
How Do Monthly Bonuses Work?
Along with your profit share and to reward consistency and good trading we provide monthly bonuses. Once you reach the Senior Trader Level monthly bonuses are applied and are continually applied unless an account breach occurs.
The Monthly Bonuses for the Step-1 program are as follows:
⦁ $100 for the 10k account
⦁ $200 for the 25k account
⦁ $350 for the 50k account
⦁ $500 for the $100k account
The Monthly Bonuses for the Step-2 program are as follows:
⦁ $100 for the 10k account
⦁ $200 for the 25k account
⦁ $300 for the 50k account
⦁ $400 for the $100k account
⦁ $500 for the $150k account
We offer up to 30:1 leverage on Forex and Metals, up to 10:1 leverage on Indices, up to 5:1 leverage on
Oil and up to 2:1 leverage on Cryptocurrencies on the 1-Step program.
Yes, for traders who pass and reach the Funded Trader stage the fee is refundable when you reach 10% simulated profit. Please note that fees are not refunded before the first payout. We also offer a 14 day refund policy should you change your mind after purchasing providing that the trading account has not been traded on.
The Max Loss (Drawdown) that we use for the 1-Step program is balance-based. Please see our “What Is The Max Loss For The 1-Step program?” rule for further guidance.
Yes, we provide payout certificates for all of our traders who receive a payout. We also provide certificates to traders who pass our evaluations and reach the funded stage.
Anyone over 18 years of age, with any level of trading experience is welcome to join us as a trader. PropFunders values its expansive range of traders from all over the world, of different nationalities, cultures, and skill levels.
Due to reasons beyond our control, there is a list of countries that we cannot accept. The restricted countries include: Afghanistan, Central African Republic, Cuba, Congo Republic, Crimea, Democratic Republic of Congo, Guinea, Guinea-Bissau, Iraq, Iran, Libya, Mali, Myanmar, North Korea, Papua New Guinea, Russia, South Sudan, Sudan, Somalia, Syria, Venezuela, Yemen.
We currently work with cTrader, DXtrade and MatchTrader (MatchTrader features integrated charting powered by TradingView, providing advanced tools and real-time data for in-depth market analysis. Users can monitor live prices, follow key economic events through the economic calendar, and access a range of powerful research tools—all in one platform). Step-by-step platform tutorials available in your dashboard after signup.
Once you register you can purchase an account using either credit/debit card, Paypal or cryptocurrency. To join us simply click here or you can view our account options here.
A trader can qualify for a payout 14 days after their first trade on the funded account, and subsequently, 14 days following the first trade after making a withdrawal. To qualify for a payout on funded accounts, the account balance must be above the initial balance with no rule violations recorded. Additionally, the trader must have all positions closed (no open trades or orders) to receive the payout.
All payouts are paid on a bi-weekly (fortnightly) cycle and normally the 7th and 21st of each month.
Payouts are processed within 1-2 business days. All Funded Traders can request payouts via their dashboard. Withdrawals are handled through Bank Transfer, PayPal, Cryptocurrency and Riseworks.io. Riseworks.io allows transfers to both bank accounts and crypto wallets. For crypto payouts we only offer this for amounts up to USD$2000. For crypto payouts higher than this it is done through our partner RiseWorks for compliance reasons.
We do not charge any commissions or hidden fees for payouts. The minimum withdrawal amount for Rise is $500, while the minimum amount for all other withdrawal methods is $50 (this is to cover third party payment processing fees).
Yes, news trading is allowed throughout all our programs. Opening a position within 3 minutes before or after a major (red folder) News Event is prohibited. Any traders identified as having opened a position during a major News Event are subject to having that position closed and the associated P&L removed from their account.
This rule is defined as a soft breach and intended to protect the integrity of our program and is not meant to penalize traders who inadvertently trade through a news event.
Trading hours are generally set by the Liquidity Provider, unless set by our rules. We do not have any
control over the trading hours. You can see the trading hours for each product by using the following
methods:
DXtrade – Right click symbol, select “Instrument Info”
MatchTrader – Click symbol to expand, select “Info”
cTrader – Navigate to Symbol Window, scroll down to see “Market Hours” for selected symbol
Please note that holidays can have an impact on available trading hours.
At Prop Funders, we require all traders to sign up as individuals. This means you must use your personal name and identity when registering. Registration under a business or company name is not allowed. Additionally, all submitted information will be carefully verified through our Know Your Customer (KYC) process to ensure compliance and authenticity
The restricted countries include: Afghanistan, Central African Republic, Cuba, Congo Republic, Crimea, Democratic Republic of Congo, Guinea, Guinea-Bissau, Iraq, Iran, Libya, Mali, Myanmar, North Korea, Papua New Guinea, Russia, South Sudan, Sudan, Somalia, Syria, Venezuela, Yemen.
When trading a Funded Account for our firm, you are treated as an independent contractor. As a result,
you are responsible for any and all taxes on your gains. If unsure, you’re best to speak to a qualified accountant.
A Forex Prop Fund, or proprietary trading firm, provides traders with access to trading capital, technology, and infrastructure. Traders use the firm’s capital to trade the Forex market and share the profits. These firms typically do not manage client funds but instead pool their resources to create trading opportunities for their team of skilled traders. The firm benefits from the expertise of the traders, while the traders gain access to larger amounts of capital than they might have on their own, enhancing their potential for profit.
Our Unique Approach to Forex Prop Funds
At PropFunders, we take a modern approach to the traditional prop fund model by using virtual capital for our evaluations. Traders participate in our programs by trading in a simulated environment with virtual funds. This allows us to assess their trading skills and strategies without the risk associated with real money. Once traders successfully pass our evaluation stages, they become eligible for payouts from our company funds. This innovative approach ensures a risk-free evaluation for both the trader and the firm, promoting a fair and transparent pathway to professional trading success. h
The profit share once you are a funded trader (before account scaling takes place) is 80% of the profits you earn. Once account scaling occurs you can receive up to 95% of the profits. For more information on account scaling please see our “How Does Account Scaling & Monthly Bonuses Work?” rule below.
There are no time limits when it comes to your trading account expiry. You can purchase an account today and still not trade on it for several weeks, months or even years and it will still remain active.
Yes, for traders who pass and reach the Funded Trader stage the fee is refundable when you reach 10% simulated profit. Please note that fees are not refunded before the first payout. We also offer a 14 day refund policy should you change your mind after purchasing providing that the trading account has not been traded on.
Yes, we provide payout certificates for all of our traders who receive a payout. We also provide certificates to traders who pass our evaluations and reach the funded stage.
Anyone over 18 years of age, with any level of trading experience is welcome to join us as a trader. PropFunders values its expansive range of traders from all over the world, of different nationalities, cultures, and skill levels.
Due to reasons beyond our control, there is a list of countries that we cannot accept. The restricted countries include: Afghanistan, Central African Republic, Cuba, Congo Republic, Crimea, Democratic Republic of Congo, Guinea, Guinea-Bissau, Iraq, Iran, Libya, Mali, Myanmar, North Korea, Papua New Guinea, Russia, South Sudan, Sudan, Somalia, Syria, Venezuela, Yemen.
We currently work with cTrader, DXtrade and MatchTrader (MatchTrader features integrated charting powered by TradingView, providing advanced tools and real-time data for in-depth market analysis. Users can monitor live prices, follow key economic events through the economic calendar, and access a range of powerful research tools—all in one platform). Step-by-step platform tutorials are available in your dashboard after signup.
Once you register you can purchase an account using either credit/debit card, Paypal or cryptocurrency. To join us simply click here or you can view our account options here.
Once you have proven to be successful we will help you with your growth and your profit share can increase from the initial 80% to 95% by consistently growing your account further.
See the below examples of how account scaling works;
– All trades must be closed to be eligible to progress
– You have a minimum number of 4 consecutive payouts and a total profit of 10% on the one account = an increment of 20% is applied to your initial balance. Profit share increases to 85%.
– You have a minimum number of 8 consecutive payouts and a total profit of 20% on the one account = an increment of 20% is applied to your initial balance. Profit share increases to 90%.
– You have a minimum number of 12 consecutive payouts and a total profit of 30% on the one account = an increment of 30% is applied to your initial balance. Profit share increases to 95%.
– Senior Trader Level. You have a minimum number of 16 consecutive payouts and a total profit of 40% on the one account = an increment of 30% is applied to your initial balance. Profit share remains at 95%. Monthly Bonuses are also provided at this level onwards (see the Monthly Bonuses information below).
– You have a minimum number of 20 consecutive payouts and a total profit of 50% on the one account = an increment of 30% is applied to your initial balance. Profit share remains at 95%.
– You have a minimum number of 24 consecutive payouts and a total profit of 60% on the one account = an increment of 30% is applied to your initial balance. Profit share remains at 95%.
– Master Trader Level. You have a minimum number of 30 consecutive payouts and a total profit of 70% on the one account = an increment of 30% of your initial balance is applied. Profit share remains at 95%. (Please note after this stage, for every 10% profit gain on the most recent scaled up balance you will continue to have an increment of 30% applied to your initial balance regardless of the number of payouts, You can continue to scale up until you reach our maximum virtual capital allocation of $2.5 million).
How Do Monthly Bonuses Work?
Along with your profit share and to reward consistency and good trading we provide monthly bonuses. Once you reach the Senior Trader Level monthly bonuses are applied and are continually applied unless an account breach occurs.
The Monthly Bonuses for the Step-1 program are as follows:
⦁ $100 for the 10k account
⦁ $200 for the 25k account
⦁ $350 for the 50k account
⦁ $500 for the $100k account
The Monthly Bonuses for the Step-2 program are as follows:
⦁ $100 for the 10k account
⦁ $200 for the 25k account
⦁ $300 for the 50k account
⦁ $400 for the $100k account
⦁ $500 for the $150k account
The Minimum Trading Days for the “Level 1 – Assessment” stage is 3 days. The Minimum Trading Days for the “Level 2 – Assessment” stage is 3 days also. There is no Minimum Trading Days for the simulated funded stage. A trading day is calculated as a day where you have made at least one trade. Days where there have been no trades is not counted as a trading day.
The Max Loss for the 2-Step program is 9% for all stages. Your Max Loss, commonly referred to as ‘drawdown’ cannot exceed 9% of the initial account balance. If your account balance is $100,000 your max loss cannot exceed -$9,000, meaning that your account balance equity cannot fall below $91,000. However, if your account balance grows to $108,000 this would mean your max loss would be increased to $17,000 ($108,000 new balance – $91,000 original max loss of balance/equity).
Daily Loss Limit (5%)
The Daily Loss Limit is the maximum amount your account is permitted to lose in a single trading day. This limit is calculated based on your previous day’s account balance at 5 PM EST, and it resets daily at that time.
The daily loss limit increases as your account grows, meaning it compounds with gains in your account balance.
Example:
If your prior day’s closing balance (at 5 PM EST) was $100,000, your 5% daily loss limit would be $5,000.
This means:
Your account would violate the rule if your equity falls below $95,000 at any time during the day.
Even if your account shows a floating profit of $6,000, the loss limit for the following day remains based on the previous day’s balance, not the floating equity.
So the daily loss limit remains at $95,000, based on the $100,000 balance.
The profit target is 10% for the Level 1 – Assessment stage. The profit target for the Level 2 – Assessment stage is 5%. No profit target is required for the funded stage.
At PropFunders, we have clear rules in place to maintain fairness, consistency, and responsible risk management. If you break a rule, the outcome depends on the type of rule violated — either a hard breach or a soft breach.
A hard breach results in an immediate failure of your evaluation or funded account. This includes exceeding the maximum daily loss, maximum overall loss, or breaking any rules listed in the Restricted Trading Strategies section (e.g. using prohibited EAs, group trading, or latency arbitrage).
A soft breach does not immediately fail your account but is still taken seriously. Soft breaches include actions like trading during high-impact news events or holding trades over restricted periods. While a single soft breach won’t cause failure, repeated soft breaches can lead to account termination.
We offer up to 50:1 leverage on Forex and Metals, up to 10:1 leverage on Indices, up to 5:1 leverage on
Oil and up to 2:1 leverage on Cryptocurrencies for the 2-Step Program.
We currently allow three payment methods including;
⦁ Rise https://www.riseworks.io/
⦁ Cryptocurrency
⦁ Bank Transfer
⦁ PayPal
Please note that for crypto payouts we only offer this for amounts up to USD$2000. For crypto payouts higher than this it is done through our partner Rise for regulatory reasons.
How Payouts Work With RiseWorks
Riseworks.io is a financial services company that specializes in payout processing. Through our platform, you can withdraw your payout to either your cryptocurrency wallet or bank account. To get your payout processed with Riseworks.io, you must first sign up using the invitation sent to your email, complete the KYC process, and sign the necessary agreement. Once these steps are completed, your payout will be deposited into your Riseworks.io account within 24 hours. Please ensure that the email used to create your Riseworks.io account matches the one associated with your PropFunders account.
FX Pairs, metals, indices, commodities and cryptocurrencies are able to be traded here.
Copy trading is only allowed from another PropFunders account, broker account or prop firm account owned by the same individual, copy trading from accounts not owned by the same individual is strictly prohibited. Pass your challenge and account management services are not allowed as the trading should be based solely on the traders own ability.
High Frequency Trading (HFT):
High-Frequency Trading (HFT) is a trading approach defined by the use of advanced algorithms and high-speed communication systems to conduct a large volume of trades in just milliseconds or seconds. This method seeks to take advantage of tiny price movements and market inefficiencies. Although HFT can appear attractive because of its potential for quick profits, it carries substantial risks and can negatively impact market stability.
Arbitrage Trading:
Arbitrage trading involves taking advantage of price differences or delays between various markets or platforms to earn risk-free profits. At PropFunders, all types of arbitrage trading are banned due to their unethical implications and potential to undermine fair market practices.
Copy Trading/Using Signals:
PropFunders permits traders to engage in copy trading from any Prop Funders account, prop firm, or retail broker as long as the accounts are under the same ownership. This allows you to copy trades from any accounts that you personally own.
Please note that using signals such as those available on MQL5.com or any other signal provider website is not permitted.
However, copy trading across multiple accounts that are not owned by the same person, including those belonging to relatives, family members, or friends, is strictly forbidden. Please note that we have software and detection methods in place to check for copy trading and if an account is found to be using copy trading that is not permitted it will result in account termination.
Hedging and/or Group Trading:
At PropFunders, hedging is allowed within the same account.
However, using multiple accounts for hedging is not permitted, as it does not reflect a legitimate trading strategy. For instance, if you have two accounts, you are not allowed to place hedged entries between them.
Example: If you have Account A and Account B, and you buy 1 lot of EUR/USD on Account A while simultaneously selling 1 lot of EUR/USD on Account B to hedge, this is not allowed.
Conversely, if you buy 1 lot of EUR/USD on Account A and simultaneously sell 1 lot of EUR/USD on Account A, this is permitted.
Hedging or group hedging across multiple accounts involves opening several accounts and executing opposing trades on the same asset across these accounts. This strategy aims to take advantage of price fluctuations while minimizing risk but does not demonstrate genuine trading acumen. Group trading where traders come together to trade very similar trades is not permitted and we have risk detection software in place to detect this.
Tick Scalping:
Tick scalping is a trading approach where traders seek to gain from minor price movements by executing a large number of trades in a very short period. PropFunders has implemented restrictions on tick scalping due to its potential for market manipulation and disruptive trading behavior.
For example, a tick scalper might use automated trading systems to make quick trades on financial instruments. By acting at extremely high speeds, they capitalize on even the tiniest price changes, effectively front-running other market participants and gaining an undue advantage. The rapid influx of orders and their frequent cancellations can negatively impact market liquidity, making it difficult for other traders to secure trades at fair prices.
One-sided Betting:
One-sided trading refers to a strategy where a trader repeatedly takes positions in a single direction without considering current market conditions or conducting thorough analysis. At PropFunders, one-sided trading is prohibited due to its speculative nature and the high risk of large losses. This approach involves persistently buying or selling an asset without factoring in important fundamental data, economic reports, or technical indicators that could signal potential price changes. Failing to analyze these factors can lead to trades with poor risk-reward outcomes.
Example: A trader practices one-sided trading by consistently purchasing an asset, ignoring warning signs or negative trends that suggest a market downturn. This lack of diversification exposes the trader to significant losses if the asset’s value suddenly drops.
You can use any Expert Advisor (EA) you have on your trading account, as long as it does not:
⦁ Copy trades of other person’s signals
⦁ Do tick scalping
⦁ Perform latency arbitrage trading
⦁ Perform reverse arbitrage trading
⦁ Perform hedge arbitrage trading
⦁ Use emulators
In addition to the above, traders are not permitted to use an EA where you don’t own the source code or use a third party EA that can be purchased online or by similar means (EA’s are prohibited to be used where other traders have the same trades open, which can be often found through the same strategy or traders using the same EA).
The region of your IP address(es) used to log into the Master account must remain consistent.
If our Risk Team detects a change in the region, they may contact you to confirm this and request proof, such as an airline ticket, passport stamp, or live video of the location.
Multiple accounts on a similar IP address are strictly prohibited, this is to rule out group trading, to ensure fairness for all traders and for security purposes.
We aim to send all platform login details instantly after your purchase. In some rare cases there may be a delay and we’d ask to allow up to 24 hours in such cases.
Yes, it is prohibited to change your trading platform password (not to be confused with your www.propfunders.com website password) as this will cause issues with the monitoring of your trading performance therefor resulting in a failed program.
Yes, certainly! You can hold trades over the weekend on our 2-Step Program.
While we encourage take profits and stop losses to assist with risk management and to help with your trading overall, we don’t require them to be used.
Simulated Hedging or executing simulated reverse trades within a single demo account is permitted. However, executing a simulated buy trade on one demo account and a simulated sell trade on another demo account is prohibited. This violates the rule against simulated reverse trading or simulated hedging across multiple demo accounts.
Simulated Group hedging involves individuals coordinating opposing positions across one or multiple prop firms or simulated prop firms to reduce/eliminate risk and exploit prop firm or simulated prop firm rules. This practice is also prohibited.
PropFunders is a forward-thinking proprietary trading firm with a mission to cultivate and support successful traders. With over 40 years of combined industry experience, our team is led by a visionary CEO who was a pioneer in prop trading long before it became mainstream. Our commitment to innovation and excellence drives us to provide unparalleled support and resources for our traders.
At Prop Funders, we believe in the transformative power of trading and education. Our vision is to create an environment where talented individuals can thrive and reach their full potential. We are dedicated to fostering a community of traders who are not only skilled but also ethical and responsible.
Our company is built on strong philanthropic values. We strive to give back to the community and support various charitable causes, reflecting our belief in making a positive impact beyond the trading floor
We pride ourselves on our diverse and multicultural team, which brings a wealth of perspectives and expertise to the table. This diversity enhances our ability to innovate and adapt in an ever-changing market landscape.
Prop Funders is more than just a prop trading firm; we are a family of passionate professionals committed to helping our traders succeed and make a difference in the world.
Absolutely! At Prop Funders, we welcome affiliates to join our growing community. As an affiliate, you have the opportunity to earn generous commissions by referring talented traders to our platform. With our competitive compensation structure, comprehensive marketing support, and cutting-edge trading programs, promoting Prop Funders is both rewarding and straightforward. Join us today and become a vital part of our mission to cultivate successful traders worldwide. Sign up now and start earning with Prop Funders!
Our affiliates can earn up to 18% commission through our tiered affiliate program. Here’s how it works:
– 1-49 customers: 10% commission
– 50+ customers: 12% commission
– 150+ customers: 15% commission
– 300+ customers: 18% commission
As you bring in more customers, your commission rate increases, allowing you to maximize your earnings. Join our affiliate program today and start benefiting from our competitive commission structure!
Yes, news trading is allowed throughout all our programs. Opening a position within 3 minutes before or after a major (red folder) News Event is prohibited. Any traders identified as having opened a position during a major News Event are subject to having that position closed and the associated P&L removed from their account.
This rule is defined as a soft breach and intended to protect the integrity of our program and is not meant to penalize traders who inadvertently trade through a news event.
A trader can qualify for a payout 14 days after their first trade on the funded account, and subsequently, 14 days following the first trade after making a withdrawal. To qualify for a payout on funded accounts, the account balance must be above the initial balance with no rule violations recorded. Additionally, the trader must have all positions closed (no open trades or orders) to receive the payout.
All payouts are paid on a bi-weekly (fortnightly) cycle and normally the 7th and 21st of each month.
Payouts are processed within 1-2 business days. All Funded Traders can request payouts via their dashboard. Withdrawals are handled through Bank Transfer, PayPal, Cryptocurrency and Riseworks.io. Riseworks.io allows transfers to both bank accounts and crypto wallets. For crypto payouts we only offer this for amounts up to USD$2000. For crypto payouts higher than this it is done through our partner RiseWorks for compliance reasons.
We do not charge any commissions or hidden fees for payouts. The minimum withdrawal amount for Rise is $500, while the minimum amount for all other withdrawal methods is $50 (this is to cover third party payment processing fees).
Trading hours are generally set by the Liquidity Provider, unless set by our rules. We do not have any
control over the trading hours. You can see the trading hours for each product by using the following
methods:
DXtrade – Right click symbol, select “Instrument Info”
MatchTrader – Click symbol to expand, select “Info”
cTrader – Navigate to Symbol Window, scroll down to see “Market Hours” for selected symbol
Please note that holidays can have an impact on available trading hours.
At Prop Funders, we require all traders to sign up as individuals. This means you must use your personal name and identity when registering. Registration under a business or company name is not allowed. Additionally, all submitted information will be carefully verified through our Know Your Customer (KYC) process to ensure compliance and authenticity.
The restricted countries include: Afghanistan, Central African Republic, Cuba, Congo Republic, Crimea, Democratic Republic of Congo, Guinea, Guinea-Bissau, Iraq, Iran, Libya, Mali, Myanmar, North Korea, Papua New Guinea, Russia, South Sudan, Sudan, Somalia, Syria, Venezuela, Yemen.
A Forex Prop Fund, or proprietary trading firm, provides traders with access to trading capital, technology, and infrastructure. Traders use the firm’s capital to trade the Forex market and share the profits. These firms typically do not manage client funds but instead pool their resources to create trading opportunities for their team of skilled traders. The firm benefits from the expertise of the traders, while the traders gain access to larger amounts of capital than they might have on their own, enhancing their potential for profit.
Our Unique Approach to Forex Prop Funds
At PropFunders, we take a modern approach to the traditional prop fund model by using virtual capital for our evaluations. Traders participate in our programs by trading in a simulated environment with virtual funds. This allows us to assess their trading skills and strategies without the risk associated with real money. Once traders successfully pass our evaluation stages, they become eligible for payouts from our company funds. This innovative approach ensures a risk-free evaluation for both the trader and the firm, promoting a fair and transparent pathway to professional trading success.
We currently allow four payment methods including;
⦁ Rise https://www.riseworks.io/
⦁ Cryptocurrency
⦁ Bank Transfer
⦁ PayPal
Please note that for crypto payouts we only offer this for amounts up to USD$2000. For crypto payouts higher than this it is done through our partner RiseWorks for regulatory reasons.
How Payouts Work With RiseWorks
Riseworks.io is a financial services company that specializes in payout processing. Through our platform, you can withdraw your payout to either your cryptocurrency wallet or bank account. To get your payout processed with Riseworks.io, you must first sign up using the invitation sent to your email, complete the KYC process, and sign the necessary agreement. Once these steps are completed, your payout will be deposited into your Riseworks.io account within 24 hours. Please ensure that the email used to create your Riseworks.io account matches the one associated with your PropFunders account.
FX Pairs, metals, indices, commodities and cryptocurrencies are able to be traded here.
Copy trading is only allowed from another PropFunders account, broker account or prop firm account owned by the same individual, copy trading from accounts not owned by the same individual is strictly prohibited. Pass your challenge and account management services are not allowed as the trading should be based solely on the traders own ability.
The region of your IP address(es) used to log into the Master account must remain consistent.
If our Risk Team detects a change in the region, they may contact you to confirm this and request proof, such as an airline ticket, passport stamp, or live video of the location.
Multiple accounts on a similar IP address are strictly prohibited, this is to rule out group trading, to ensure fairness for all traders and for security purposes.
We aim to send all platform login details instantly after your purchase. In some rare cases there may be a delay and we’d ask to allow up to 24 hours in such cases.
Yes, it is prohibited to change your trading platform password (not to be confused with your www.propfunders.com website password) as this will cause issues with the monitoring of your trading performance therefor resulting in a failed program.
On the Instant Funding programs you cannot hold trades over the weekend by default. However, you’re welcome to purchase our weekend holding add-on if you wish to hold trades over the weekend.
While we encourage take profits and stop losses to assist with risk management and to help with your trading overall, we don’t require them to be used.
Simulated Hedging or executing simulated reverse trades within a single demo account is permitted. However, executing a simulated buy trade on one demo account and a simulated sell trade on another demo account is prohibited. This violates the rule against simulated reverse trading or simulated hedging across multiple demo accounts.
Simulated Group hedging involves individuals coordinating opposing positions across one or multiple prop firms or simulated prop firms to reduce/eliminate risk and exploit prop firm or simulated prop firm rules. This practice is also prohibited.
PropFunders is a forward-thinking proprietary trading firm with a mission to cultivate and support successful traders. With over 40 years of combined industry experience, our team is led by a visionary CEO who was a pioneer in prop trading long before it became mainstream. Our commitment to innovation and excellence drives us to provide unparalleled support and resources for our traders.
At PropFunders, we believe in the transformative power of trading and education. Our vision is to create an environment where talented individuals can thrive and reach their full potential. We are dedicated to fostering a community of traders who are not only skilled but also ethical and responsible.
Our company is built on strong philanthropic values. We strive to give back to the community and support various charitable causes, reflecting our belief in making a positive impact beyond the trading floor.
We pride ourselves on our diverse and multicultural team, which brings a wealth of perspectives and expertise to the table. This diversity enhances our ability to innovate and adapt in an ever-changing market landscape.
Prop Funders is more than just a prop trading firm; we are a family of passionate professionals committed to helping our traders succeed and make a difference in the world.
Absolutely! At PropFunders, we welcome affiliates to join our growing community. As an affiliate, you have the opportunity to earn generous commissions by referring talented traders to our platform. With our competitive compensation structure, comprehensive marketing support, and cutting-edge trading programs, promoting PropFunders is both rewarding and straightforward. Join us today and become a vital part of our mission to cultivate successful traders worldwide. Sign up now and start earning with PropFunders!
Our affiliates can earn up to 18% commission through our tiered affiliate program. Here’s how it works:
– 1-49 customers: 10% commission
– 50+ customers: 12% commission
– 150+ customers: 15% commission
– 300+ customers: 18% commission
As you bring in more customers, your commission rate increases, allowing you to maximize your earnings. Join our affiliate program today and start benefiting from our competitive commission structure!
High Frequency Trading (HFT):
High-Frequency Trading (HFT) is a trading approach defined by the use of advanced algorithms and high-speed communication systems to conduct a large volume of trades in just milliseconds or seconds. This method seeks to take advantage of tiny price movements and market inefficiencies. Although HFT can appear attractive because of its potential for quick profits, it carries substantial risks and can negatively impact market stability.
Arbitrage Trading:
Arbitrage trading involves taking advantage of price differences or delays between various markets or platforms to earn risk-free profits. At PropFunders, all types of arbitrage trading are banned due to their unethical implications and potential to undermine fair market practices.
Copy Trading/Using Signals:
PropFunders permits traders to engage in copy trading from any Prop Funders account, prop firm, or retail broker as long as the accounts are under the same ownership. This allows you to copy trades from any accounts that you personally own.
Please note that using signals such as those available on MQL5.com or any other signal provider website is not permitted.
However, copy trading across multiple accounts that are not owned by the same person, including those belonging to relatives, family members, or friends, is strictly forbidden. Please note that we have software and detection methods in place to check for copy trading and if an account is found to be using copy trading that is not permitted it will result in account termination.
Hedging and/or Group Trading:
At PropFunders, hedging is allowed within the same account.
However, using multiple accounts for hedging is not permitted, as it does not reflect a legitimate trading strategy. For instance, if you have two accounts, you are not allowed to place hedged entries between them.
Example: If you have Account A and Account B, and you buy 1 lot of EUR/USD on Account A while simultaneously selling 1 lot of EUR/USD on Account B to hedge, this is not allowed.
Conversely, if you buy 1 lot of EUR/USD on Account A and simultaneously sell 1 lot of EUR/USD on Account A, this is permitted.
Hedging or group hedging across multiple accounts involves opening several accounts and executing opposing trades on the same asset across these accounts. This strategy aims to take advantage of price fluctuations while minimizing risk but does not demonstrate genuine trading acumen. Group trading where traders come together to trade very similar trades is not permitted and we have risk detection software in place to detect this.
Tick Scalping:
Tick scalping is a trading approach where traders seek to gain from minor price movements by executing a large number of trades in a very short period. PropFunders has implemented restrictions on tick scalping due to its potential for market manipulation and disruptive trading behavior.
For example, a tick scalper might use automated trading systems to make quick trades on financial instruments. By acting at extremely high speeds, they capitalize on even the tiniest price changes, effectively front-running other market participants and gaining an undue advantage. The rapid influx of orders and their frequent cancellations can negatively impact market liquidity, making it difficult for other traders to secure trades at fair prices.
One-sided Betting:
One-sided trading refers to a strategy where a trader repeatedly takes positions in a single direction without considering current market conditions or conducting thorough analysis. At PropFunders, one-sided trading is prohibited due to its speculative nature and the high risk of large losses. This approach involves persistently buying or selling an asset without factoring in important fundamental data, economic reports, or technical indicators that could signal potential price changes. Failing to analyze these factors can lead to trades with poor risk-reward outcomes.
Example: A trader practices one-sided trading by consistently purchasing an asset, ignoring warning signs or negative trends that suggest a market downturn. This lack of diversification exposes the trader to significant losses if the asset’s value suddenly drops.
You can use any Expert Advisor (EA) you have on your trading account, as long as it does not:
⦁ Copy trades of other person’s signals
⦁ Do tick scalping
⦁ Perform latency arbitrage trading
⦁ Perform reverse arbitrage trading
⦁ Perform hedge arbitrage trading
⦁ Use emulators
In addition to the above, traders are not permitted to use an EA where you don’t own the source code or use a third party EA that can be purchased online or by similar means (EA’s are prohibited to be used where other traders have the same trades open, which can be often found through the same strategy or traders using the same EA).
The Minimum Trading days for the Instant Funding Program is 5 days. A trading day is calculated as a day where you have made at least one trade. Days where there have been no trades is not counted as a trading day.
At PropFunders, we have clear rules in place to maintain fairness, consistency, and responsible risk management. If you break a rule, the outcome depends on the type of rule violated — either a hard breach or a soft breach.
A hard breach results in an immediate failure of your evaluation or funded account. This includes exceeding the maximum daily loss, maximum overall loss, or breaking any rules listed in the Restricted Trading Strategies section (e.g. using prohibited EAs, group trading, or latency arbitrage).
A soft breach does not immediately fail your account but is still taken seriously. Soft breaches include actions like trading during high-impact news events. While a single soft breach won’t cause failure, repeated soft breaches can lead to account termination.
The Max Loss Limit for the Instant Funding Program is 6% of your initial balance, and it operates on a trailing drawdown basis.
This means your account equity must never fall more than 6% below the highest equity value reached—including both closed and open positions. As your equity increases, your drawdown limit trails upward and locks in gains. However, it never decreases if your equity falls.
Example:
If you start with a $100,000 account, your maximum allowable drawdown is $6,000.
This means if your equity falls below $94,000 at any point, your account would breach the rule.
Now let’s say:
You grow your equity to $108,000, either through closed or floating profits.
Your new max drawdown level would move up to $102,000 (i.e., $108,000 – $6,000).
If your equity later drops below $102,000, the account would violate the drawdown rule—even though you are still above the initial balance.
Daily Loss Limit (3%)
The Daily Loss Limit is the maximum your account is allowed to lose in a single day. It is calculated based on the previous day’s account balance at 5 PM EST, and it resets daily at that time.
As your account grows, the daily loss limit compounds accordingly—meaning your limit increases as your balance increases.
Example:
If your previous day’s ending balance (at 5 PM EST) was $100,000, your daily loss limit would be 3%, which equals $3,000. This means:
You must not allow your account equity to fall below $97,000 at any point during the trading day.
Even if your account is floating a $6,000 profit, your daily loss limit is still based on the prior day’s balance, not the current equity.
Therefore, the next day’s daily loss limit would still be $97,000, as it’s calculated from the $100,000 balance.
There is no minimum Profit Target required for the Instant Funding Program.
The profit share for the Instant Funding program (before account scaling takes place) starts at 60% of the profits you earn. Once account scaling occurs you can receive up to 95% of the profits. For more information on account scaling please see our “How Does Account Scaling & Monthly Bonuses Work?” rule below.
Once you have proven to be successful we will help you with your growth and your profit share can increase for the Instant Funding Program from the initial 60% to 95% by consistently growing your account further.
See the below examples of how account scaling works;
– All trades must be closed to be eligible to progress
– You have a minimum number of 4 consecutive payouts and a total profit of 10% on the one account = an increment of 20% is applied to your initial balance. Profit share increases to 65%.
– You have a minimum number of 8 consecutive payouts and a total profit of 20% on the one account = an increment of 20% is applied to your initial balance. Profit share remains at 65%.
– You have a minimum number of 12 consecutive payouts and a total profit of 30% on the one account = an increment of 30% is applied to your initial balance. Profit share increases to 70%.
– Senior Trader Level. You have a minimum number of 16 consecutive payouts and a total profit of 40% on the one account = an increment of 30% is applied to your initial balance. Profit share increases to 75%. Monthly Bonuses are also provided at this level onwards (see the Monthly Bonuses information below).
– You have a minimum number of 20 consecutive payouts and a total profit of 50% on the one account = an increment of 30% is applied to your initial balance. Profit share remains at 75%.
– You have a minimum number of 24 consecutive payouts and a total profit of 60% on the one account = an increment of 30% is applied to your initial balance. Profit share increases to 80%.
– Master Trader Level. You have a minimum number of 30 consecutive payouts and a total profit of 70% on the one account = an increment of 30% of your initial balance is applied. Profit share increases to 95%. (Please note after this stage, for every 10% profit gain on the most recent scaled up balance you will continue to have an increment of 30% applied to your initial balance regardless of the number of payouts, You can continue to scale up until you reach our maximum virtual capital allocation of $2.5 million).
How Do Monthly Bonuses Work?
Along with your profit share and to reward consistency and good trading we provide monthly bonuses. Once you reach the Senior Trader Level monthly bonuses are applied and are continually applied unless an account breach occurs.
The Monthly Bonuses for the Instant Funding program are as follows:
⦁ $100 for the $5k account
⦁ $200 for the $10k account
⦁ $350 for the $25k account
⦁ $500 for the $50k account
We offer up to 30:1 leverage on Forex and Metals, up to 10:1 leverage on Indices, up to 5:1 leverage on
Oil and up to 2:1 leverage on Cryptocurrencies for the Instant Funding Program.
Yes, for traders who pass and reach the Funded Trader stage the fee is refundable when you reach 10% simulated profit. Please note that fees are not refunded before the first payout. We also offer a 14 day refund policy should you change your mind after purchasing providing that the trading account has not been traded on.
The Max Loss (Drawdown) that we use for the Instant Funding Program is trailing. Please see our “What Is The Max Loss For The Instant Funding Program?” rule for further guidance.
Yes, we provide payout certificates for all of our traders who receive a payout. We also provide certificates to traders who pass our evaluations and reach the funded stage.
Anyone over 18 years of age, with any level of trading experience is welcome to join us as a trader. PropFunders values its expansive range of traders from all over the world, of different nationalities, cultures, and skill levels.
Due to reasons beyond our control, there is a list of countries that we cannot accept. The restricted countries include: Afghanistan, Central African Republic, Cuba, Congo Republic, Crimea, Democratic Republic of Congo, Guinea, Guinea-Bissau, Iraq, Iran, Libya, Mali, Myanmar, North Korea, Papua New Guinea, Russia, South Sudan, Sudan, Somalia, Syria, Venezuela, Yemen.
We currently work with cTrader, DXtrade and MatchTrader (MatchTrader features integrated charting powered by TradingView, providing advanced tools and real-time data for in-depth market analysis. Users can monitor live prices, follow key economic events through the economic calendar, and access a range of powerful research tools—all in one platform). Step-by-step platform tutorials are available in your dashboard after signup.
Once you register you can purchase an account using either credit/debit card, Paypal or cryptocurrency. To join us simply click here or you can view our account options here.
A trader can qualify for a payout 14 days after their first trade on the funded account, and subsequently, 14 days following the first trade after making a withdrawal. To qualify for a payout on funded accounts, the account balance must be above the initial balance with no rule violations recorded. Additionally, the trader must have all positions closed (no open trades or orders) to receive the payout.
All payouts are paid on a bi-weekly (fortnightly) cycle and normally the 7th and 21st of each month.
Payouts are processed within 1-2 business days. All Funded Traders can request payouts via their dashboard. Payouts are handled through Bank Transfer, PayPal, Cryptocurrency and Riseworks.io. Riseworks.io allows transfers to both bank accounts and crypto wallets. For crypto payouts we only offer this for amounts up to USD$2000. For crypto payouts higher than this it is done through our partner RiseWorks for compliance reasons.
We do not charge any commissions or hidden fees for payouts. The minimum withdrawal amount for RiseWorks is $500, while the minimum amount for all other withdrawal methods is $50 (this is to cover third party payment processing fees).
Yes, news trading is allowed throughout all our programs. Opening a position within 3 minutes before or after a major (red folder) News Event is prohibited. Any traders identified as having opened a position during a major News Event are subject to having that position closed and the associated P&L removed from their account.
This rule is defined as a soft breach and intended to protect the integrity of our program and is not meant to penalize traders who inadvertently trade through a news event.
Trading hours are generally set by the Liquidity Provider, unless set by our rules. We do not have any
control over the trading hours. You can see the trading hours for each product by using the following
methods:
DXtrade – Right click symbol, select “Instrument Info”
MatchTrader – Click symbol to expand, select “Info”
cTrader – Navigate to Symbol Window, scroll down to see “Market Hours” for selected symbol
Please note that holidays can have an impact on available trading hours.
At Prop Funders, we require all traders to sign up as individuals. This means you must use your personal name and identity when registering. Registration under a business or company name is not allowed. Additionally, all submitted information will be carefully verified through our Know Your Customer (KYC) process to ensure compliance and authenticity
The restricted countries include: Afghanistan, Central African Republic, Cuba, Congo Republic, Crimea, Democratic Republic of Congo, Guinea, Guinea-Bissau, Iraq, Iran, Libya, Mali, Myanmar, North Korea, Papua New Guinea, Russia, South Sudan, Sudan, Somalia, Syria, Venezuela, Yemen.
When trading a Funded Account for our firm, you are treated as an independent contractor. As a result,
you are responsible for any and all taxes on your gains. If unsure, you’re best to speak to a qualified accountant.
A Forex Prop Fund, or proprietary trading firm, provides traders with access to trading capital, technology, and infrastructure. Traders use the firm’s capital to trade the Forex market and share the profits. These firms typically do not manage client funds but instead pool their resources to create trading opportunities for their team of skilled traders. The firm benefits from the expertise of the traders, while the traders gain access to larger amounts of capital than they might have on their own, enhancing their potential for profit.
Our Unique Approach to Forex Prop Funds
At PropFunders, we take a modern approach to the traditional prop fund model by using virtual capital for our evaluations. Traders participate in our programs by trading in a simulated environment with virtual funds. This allows us to assess their trading skills and strategies without the risk associated with real money. Once traders successfully pass our evaluation stages, they become eligible for payouts from our company funds. This innovative approach ensures a risk-free evaluation for both the trader and the firm, promoting a fair and transparent pathway to professional trading success.
We currently allow three payment methods including;
⦁ Rise https://www.riseworks.io/
⦁ Cryptocurrency
⦁ Bank Transfer
⦁ PayPal
Please note that for crypto payouts we only offer this for amounts up to USD$2000. For crypto payouts higher than this it is done through our partner RiseWorks for regulatory reasons.
How Payouts Work With RiseWorks
Riseworks.io is a financial services company that specializes in payout processing. Through our platform, you can withdraw your payout to either your cryptocurrency wallet or bank account. To get your payout processed with Riseworks.io, you must first sign up using the invitation sent to your email, complete the KYC process, and sign the necessary agreement. Once these steps are completed, your payout will be deposited into your Riseworks.io account within 24 hours. Please ensure that the email used to create your Riseworks.io account matches the one associated with your PropFunders account.
FX Pairs, metals, indices, commodities and cryptocurrencies are able to be traded here.
Copy trading is only allowed from another Prop Funders account, broker account or prop firm account owned by the same individual, copy trading from accounts not owned by the same individual is strictly prohibited. Pass your challenge and account management services are not allowed as the trading should be based solely on the traders own ability.
The region of your IP address(es) used to log into the Master account must remain consistent.
If our Risk Team detects a change in the region, they may contact you to confirm this and request proof, such as an airline ticket, passport stamp, or live video of the location.
Multiple accounts on a similar IP address are strictly prohibited, this is to rule out group trading, to ensure fairness for all traders and for security purposes.
We aim to send all platform login details instantly after your purchase. In some rare cases there may be a delay and we’d ask to allow up to 24 hours in such cases.
Yes, it is prohibited to change your trading platform password (not to be confused with your www.propfunders.com website password) as this will cause issues with the monitoring of your trading performance therefor resulting in a failed program.
Yes, certainly! You can hold trades over the weekend on our 1-Step program.
While we encourage take profits and stop losses to assist with risk management and to help with your trading overall, we don’t require them to be used.
Simulated Hedging or executing simulated reverse trades within a single demo account is permitted. However, executing a simulated buy trade on one demo account and a simulated sell trade on another demo account is prohibited. This violates the rule against simulated reverse trading or simulated hedging across multiple demo accounts.
Simulated Group hedging involves individuals coordinating opposing positions across one or multiple prop firms or simulated prop firms to reduce/eliminate risk and exploit prop firm or simulated prop firm rules. This practice is also prohibited.
PropFunders is a forward-thinking proprietary trading firm with a mission to cultivate and support successful traders. With over 40 years of combined industry experience, our team is led by a visionary CEO who was a pioneer in prop trading long before it became mainstream. Our commitment to innovation and excellence drives us to provide unparalleled support and resources for our traders.
At PropFunders, we believe in the transformative power of trading and education. Our vision is to create an environment where talented individuals can thrive and reach their full potential. We are dedicated to fostering a community of traders who are not only skilled but also ethical and responsible.
Our company is built on strong philanthropic values. We strive to give back to the community and support various charitable causes, reflecting our belief in making a positive impact beyond the trading floor.
We pride ourselves on our diverse and multicultural team, which brings a wealth of perspectives and expertise to the table. This diversity enhances our ability to innovate and adapt in an ever-changing market landscape.
Prop Funders is more than just a prop trading firm; we are a family of passionate professionals committed to helping our traders succeed and make a difference in the world.
Absolutely! At PropFunders, we welcome affiliates to join our growing community. As an affiliate, you have the opportunity to earn generous commissions by referring talented traders to our platform. With our competitive compensation structure, comprehensive marketing support, and cutting-edge trading programs, promoting PropFunders is both rewarding and straightforward. Join us today and become a vital part of our mission to cultivate successful traders worldwide. Sign up now and start earning with PropFunders!
Our affiliates can earn up to 18% commission through our tiered affiliate program. Here’s how it works:
– 1-49 customers: 10% commission
– 50+ customers: 12% commission
– 150+ customers: 15% commission
– 300+ customers: 18% commission
As you bring in more customers, your commission rate increases, allowing you to maximize your earnings. Join our affiliate program today and start benefiting from our competitive commission structure!
At PropFunders, we have clear rules in place to maintain fairness, consistency, and responsible risk management. If you break a rule, the outcome depends on the type of rule violated — either a hard breach or a soft breach.
A hard breach results in an immediate failure of your evaluation or funded account. This includes exceeding the maximum daily loss, maximum overall loss, or breaking any rules listed in the Restricted Trading Strategies section (e.g. using prohibited EAs, group trading, or latency arbitrage).
A soft breach does not immediately fail your account but is still taken seriously. Soft breaches include actions like trading during high-impact news events. While a single soft breach won’t cause failure, repeated soft breaches can lead to account termination.
High Frequency Trading (HFT):
High-Frequency Trading (HFT) is a trading approach defined by the use of advanced algorithms and high-speed communication systems to conduct a large volume of trades in just milliseconds or seconds. This method seeks to take advantage of tiny price movements and market inefficiencies. Although HFT can appear attractive because of its potential for quick profits, it carries substantial risks and can negatively impact market stability.
Arbitrage Trading:
Arbitrage trading involves taking advantage of price differences or delays between various markets or platforms to earn risk-free profits. At PropFunders, all types of arbitrage trading are banned due to their unethical implications and potential to undermine fair market practices.
Copy Trading/Using Signals:
PropFunders permits traders to engage in copy trading from any PropFunders account, prop firm, or retail broker as long as the accounts are under the same ownership. This allows you to copy trades from any accounts that you personally own.
Please note that using signals such as those available on MQL5.com or any other signal provider website is not permitted.
However, copy trading across multiple accounts that are not owned by the same person, including those belonging to relatives, family members, or friends, is strictly forbidden. Please note that we have software and detection methods in place to check for copy trading and if an account is found to be using copy trading that is not permitted it will result in account termination.
Hedging and/or Group Trading:
At PropFunders, hedging is allowed within the same account.
However, using multiple accounts for hedging is not permitted, as it does not reflect a legitimate trading strategy. For instance, if you have two accounts, you are not allowed to place hedged entries between them.
Example: If you have Account A and Account B, and you buy 1 lot of EUR/USD on Account A while simultaneously selling 1 lot of EUR/USD on Account B to hedge, this is not allowed.
Conversely, if you buy 1 lot of EUR/USD on Account A and simultaneously sell 1 lot of EUR/USD on Account A, this is permitted.
Hedging or group hedging across multiple accounts involves opening several accounts and executing opposing trades on the same asset across these accounts. This strategy aims to take advantage of price fluctuations while minimizing risk but does not demonstrate genuine trading acumen. Group trading where traders come together to trade very similar trades is not permitted and we have risk detection software in place to detect this.
Tick Scalping:
Tick scalping is a trading approach where traders seek to gain from minor price movements by executing a large number of trades in a very short period. PropFunders has implemented restrictions on tick scalping due to its potential for market manipulation and disruptive trading behavior.
For example, a tick scalper might use automated trading systems to make quick trades on financial instruments. By acting at extremely high speeds, they capitalize on even the tiniest price changes, effectively front-running other market participants and gaining an undue advantage. The rapid influx of orders and their frequent cancellations can negatively impact market liquidity, making it difficult for other traders to secure trades at fair prices.
One-sided Betting:
One-sided trading refers to a strategy where a trader repeatedly takes positions in a single direction without considering current market conditions or conducting thorough analysis. At PropFunders, one-sided trading is prohibited due to its speculative nature and the high risk of large losses. This approach involves persistently buying or selling an asset without factoring in important fundamental data, economic reports, or technical indicators that could signal potential price changes. Failing to analyze these factors can lead to trades with poor risk-reward outcomes.
Example: A trader practices one-sided trading by consistently purchasing an asset, ignoring warning signs or negative trends that suggest a market downturn. This lack of diversification exposes the trader to significant losses if the asset’s value suddenly drops.
You can use any Expert Advisor (EA) you have on your trading account, as long as it does not:
⦁ Copy trades of other person’s signals
⦁ Do tick scalping
⦁ Perform latency arbitrage trading
⦁ Perform reverse arbitrage trading
⦁ Perform hedge arbitrage trading
⦁ Use emulators
In addition to the above, traders are not permitted to use an EA where you don’t own the source code or use a third party EA that can be purchased online or by similar means (EA’s are prohibited to be used where other traders have the same trades open, which can be often found through the same strategy or traders using the same EA).
The Minimum Trading days for the “Level 1 – Assessment” stage is 3 days. The Minimum Trading days for simulated Funded stage 5 days. A trading day is calculated as a day where you have made at least one trade. Days where there have been no trades is not counted as a trading day.
The Max Loss for the 1-Step program is 6% for all stages. Your Max Loss, commonly referred to as ‘drawdown‘ cannot exceed 6% of the initial account balance. If your account balance is $100,000 your max loss cannot exceed -$6,000, meaning that your account balance equity cannot fall below $94,000. However, if your account balance grows to $108,000 this would mean your max loss would be increased to $14,000 ($108,000 new balance – $94,000 original max loss of balance/equity).
Daily Loss Limit (3%)
The Daily Loss Limit is the maximum your account is allowed to lose in a single day. It is calculated based on the previous day’s account balance at 5 PM EST, and it resets daily at that time.
As your account grows, the daily loss limit compounds accordingly—meaning your limit increases as your balance increases.
Example:
If your previous day’s ending balance (at 5 PM EST) was $100,000, your daily loss limit would be 3%, which equals $3,000. This means:
You must not allow your account equity to fall below $97,000 at any point during the trading day.
Even if your account is floating a $6,000 profit, your daily loss limit is still based on the prior day’s balance, not the current equity.
Therefore, the next day’s daily loss limit would still be $97,000, as it’s calculated from the $100,000 balance.
The profit target is 10% for the Level 1 – Assessment stage. No profit target is required for the funded stage.
The profit share once you are a funded trader (before account scaling takes place) is 80% of the profits you earn. Once account scaling occurs you can receive up to 95% of the profits. For more information on account scaling please see our “How Does Account Scaling & Monthly Bonuses Work?” rule below.
Once you have proven to be successful we will help you with your growth and your profit share can increase from the initial 80% to 95% by consistently growing your account further.
See the below examples of how account scaling works;
– All trades must be closed to be eligible to progress
– You have a minimum number of 4 consecutive payouts and a total profit of 10% on the one account = an increment of 20% is applied to your initial balance. Profit share increases to 85%.
– You have a minimum number of 8 consecutive payouts and a total profit of 20% on the one account = an increment of 20% is applied to your initial balance. Profit share increases to 90%.
– You have a minimum number of 12 consecutive payouts and a total profit of 30% on the one account = an increment of 30% is applied to your initial balance. Profit share increases to 95%.
– Senior Trader Level. You have a minimum number of 16 consecutive payouts and a total profit of 40% on the one account = an increment of 30% is applied to your initial balance. Profit share remains at 95%. Monthly Bonuses are also provided at this level onwards (see the Monthly Bonuses information below).
– You have a minimum number of 20 consecutive payouts and a total profit of 50% on the one account = an increment of 30% is applied to your initial balance. Profit share remains at 95%.
– You have a minimum number of 24 consecutive payouts and a total profit of 60% on the one account = an increment of 30% is applied to your initial balance. Profit share remains at 95%.
– Master Trader Level. You have a minimum number of 30 consecutive payouts and a total profit of 70% on the one account = an increment of 30% of your initial balance is applied. Profit share remains at 95%. (Please note after this stage, for every 10% profit gain on the most recent scaled up balance you will continue to have an increment of 30% applied to your initial balance regardless of the number of payouts, You can continue to scale up until you reach our maximum virtual capital allocation of $2.5 million).
How Do Monthly Bonuses Work?
Along with your profit share and to reward consistency and good trading we provide monthly bonuses. Once you reach the Senior Trader Level monthly bonuses are applied and are continually applied unless an account breach occurs.
The Monthly Bonuses for the Step-1 program are as follows:
⦁ $100 for the 10k account
⦁ $200 for the 25k account
⦁ $350 for the 50k account
⦁ $500 for the $100k account
The Monthly Bonuses for the Step-2 program are as follows:
⦁ $100 for the 10k account
⦁ $200 for the 25k account
⦁ $300 for the 50k account
⦁ $400 for the $100k account
⦁ $500 for the $150k account
We offer up to 30:1 leverage on Forex and Metals, up to 10:1 leverage on Indices, up to 5:1 leverage on
Oil and up to 2:1 leverage on Cryptocurrencies on the 1-Step program.
Yes, for traders who pass and reach the Funded Trader stage the fee is refundable when you reach 10% simulated profit. Please note that fees are not refunded before the first payout. We also offer a 14 day refund policy should you change your mind after purchasing providing that the trading account has not been traded on.
The Max Loss (Drawdown) that we use for the 1-Step program is balance-based. Please see our “What Is The Max Loss For The 1-Step program?” rule for further guidance.
Yes, we provide payout certificates for all of our traders who receive a payout. We also provide certificates to traders who pass our evaluations and reach the funded stage.
Anyone over 18 years of age, with any level of trading experience is welcome to join us as a trader. PropFunders values its expansive range of traders from all over the world, of different nationalities, cultures, and skill levels.
Due to reasons beyond our control, there is a list of countries that we cannot accept. The restricted countries include: Afghanistan, Central African Republic, Cuba, Congo Republic, Crimea, Democratic Republic of Congo, Guinea, Guinea-Bissau, Iraq, Iran, Libya, Mali, Myanmar, North Korea, Papua New Guinea, Russia, South Sudan, Sudan, Somalia, Syria, Venezuela, Yemen.
We currently work with cTrader, DXtrade and MatchTrader (MatchTrader features integrated charting powered by TradingView, providing advanced tools and real-time data for in-depth market analysis. Users can monitor live prices, follow key economic events through the economic calendar, and access a range of powerful research tools—all in one platform). Step-by-step platform tutorials available in your dashboard after signup.
Once you register you can purchase an account using either credit/debit card, Paypal or cryptocurrency. To join us simply click here or you can view our account options here.
A trader can qualify for a payout 14 days after their first trade on the funded account, and subsequently, 14 days following the first trade after making a withdrawal. To qualify for a payout on funded accounts, the account balance must be above the initial balance with no rule violations recorded. Additionally, the trader must have all positions closed (no open trades or orders) to receive the payout.
All payouts are paid on a bi-weekly (fortnightly) cycle and normally the 7th and 21st of each month.
Payouts are processed within 1-2 business days. All Funded Traders can request payouts via their dashboard. Withdrawals are handled through Bank Transfer, PayPal, Cryptocurrency and Riseworks.io. Riseworks.io allows transfers to both bank accounts and crypto wallets. For crypto payouts we only offer this for amounts up to USD$2000. For crypto payouts higher than this it is done through our partner RiseWorks for compliance reasons.
We do not charge any commissions or hidden fees for payouts. The minimum withdrawal amount for Rise is $500, while the minimum amount for all other withdrawal methods is $50 (this is to cover third party payment processing fees).
Yes, news trading is allowed throughout all our programs. Opening a position within 3 minutes before or after a major (red folder) News Event is prohibited. Any traders identified as having opened a position during a major News Event are subject to having that position closed and the associated P&L removed from their account.
This rule is defined as a soft breach and intended to protect the integrity of our program and is not meant to penalize traders who inadvertently trade through a news event.
Trading hours are generally set by the Liquidity Provider, unless set by our rules. We do not have any
control over the trading hours. You can see the trading hours for each product by using the following
methods:
DXtrade – Right click symbol, select “Instrument Info”
MatchTrader – Click symbol to expand, select “Info”
cTrader – Navigate to Symbol Window, scroll down to see “Market Hours” for selected symbol
Please note that holidays can have an impact on available trading hours.
At Prop Funders, we require all traders to sign up as individuals. This means you must use your personal name and identity when registering. Registration under a business or company name is not allowed. Additionally, all submitted information will be carefully verified through our Know Your Customer (KYC) process to ensure compliance and authenticity
The restricted countries include: Afghanistan, Central African Republic, Cuba, Congo Republic, Crimea, Democratic Republic of Congo, Guinea, Guinea-Bissau, Iraq, Iran, Libya, Mali, Myanmar, North Korea, Papua New Guinea, Russia, South Sudan, Sudan, Somalia, Syria, Venezuela, Yemen.
When trading a Funded Account for our firm, you are treated as an independent contractor. As a result,
you are responsible for any and all taxes on your gains. If unsure, you’re best to speak to a qualified accountant.
A Forex Prop Fund, or proprietary trading firm, provides traders with access to trading capital, technology, and infrastructure. Traders use the firm’s capital to trade the Forex market and share the profits. These firms typically do not manage client funds but instead pool their resources to create trading opportunities for their team of skilled traders. The firm benefits from the expertise of the traders, while the traders gain access to larger amounts of capital than they might have on their own, enhancing their potential for profit.
Our Unique Approach to Forex Prop Funds
At PropFunders, we take a modern approach to the traditional prop fund model by using virtual capital for our evaluations. Traders participate in our programs by trading in a simulated environment with virtual funds. This allows us to assess their trading skills and strategies without the risk associated with real money. Once traders successfully pass our evaluation stages, they become eligible for payouts from our company funds. This innovative approach ensures a risk-free evaluation for both the trader and the firm, promoting a fair and transparent pathway to professional trading success. h
The profit share once you are a funded trader (before account scaling takes place) is 80% of the profits you earn. Once account scaling occurs you can receive up to 95% of the profits. For more information on account scaling please see our “How Does Account Scaling & Monthly Bonuses Work?” rule below.
There are no time limits when it comes to your trading account expiry. You can purchase an account today and still not trade on it for several weeks, months or even years and it will still remain active.
Yes, for traders who pass and reach the Funded Trader stage the fee is refundable when you reach 10% simulated profit. Please note that fees are not refunded before the first payout. We also offer a 14 day refund policy should you change your mind after purchasing providing that the trading account has not been traded on.
Yes, we provide payout certificates for all of our traders who receive a payout. We also provide certificates to traders who pass our evaluations and reach the funded stage.
Anyone over 18 years of age, with any level of trading experience is welcome to join us as a trader. PropFunders values its expansive range of traders from all over the world, of different nationalities, cultures, and skill levels.
Due to reasons beyond our control, there is a list of countries that we cannot accept. The restricted countries include: Afghanistan, Central African Republic, Cuba, Congo Republic, Crimea, Democratic Republic of Congo, Guinea, Guinea-Bissau, Iraq, Iran, Libya, Mali, Myanmar, North Korea, Papua New Guinea, Russia, South Sudan, Sudan, Somalia, Syria, Venezuela, Yemen.
We currently work with cTrader, DXtrade and MatchTrader (MatchTrader features integrated charting powered by TradingView, providing advanced tools and real-time data for in-depth market analysis. Users can monitor live prices, follow key economic events through the economic calendar, and access a range of powerful research tools—all in one platform). Step-by-step platform tutorials are available in your dashboard after signup.
Once you register you can purchase an account using either credit/debit card, Paypal or cryptocurrency. To join us simply click here or you can view our account options here.
Once you have proven to be successful we will help you with your growth and your profit share can increase from the initial 80% to 95% by consistently growing your account further.
See the below examples of how account scaling works;
– All trades must be closed to be eligible to progress
– You have a minimum number of 4 consecutive payouts and a total profit of 10% on the one account = an increment of 20% is applied to your initial balance. Profit share increases to 85%.
– You have a minimum number of 8 consecutive payouts and a total profit of 20% on the one account = an increment of 20% is applied to your initial balance. Profit share increases to 90%.
– You have a minimum number of 12 consecutive payouts and a total profit of 30% on the one account = an increment of 30% is applied to your initial balance. Profit share increases to 95%.
– Senior Trader Level. You have a minimum number of 16 consecutive payouts and a total profit of 40% on the one account = an increment of 30% is applied to your initial balance. Profit share remains at 95%. Monthly Bonuses are also provided at this level onwards (see the Monthly Bonuses information below).
– You have a minimum number of 20 consecutive payouts and a total profit of 50% on the one account = an increment of 30% is applied to your initial balance. Profit share remains at 95%.
– You have a minimum number of 24 consecutive payouts and a total profit of 60% on the one account = an increment of 30% is applied to your initial balance. Profit share remains at 95%.
– Master Trader Level. You have a minimum number of 30 consecutive payouts and a total profit of 70% on the one account = an increment of 30% of your initial balance is applied. Profit share remains at 95%. (Please note after this stage, for every 10% profit gain on the most recent scaled up balance you will continue to have an increment of 30% applied to your initial balance regardless of the number of payouts, You can continue to scale up until you reach our maximum virtual capital allocation of $2.5 million).
How Do Monthly Bonuses Work?
Along with your profit share and to reward consistency and good trading we provide monthly bonuses. Once you reach the Senior Trader Level monthly bonuses are applied and are continually applied unless an account breach occurs.
The Monthly Bonuses for the Step-1 program are as follows:
⦁ $100 for the 10k account
⦁ $200 for the 25k account
⦁ $350 for the 50k account
⦁ $500 for the $100k account
The Monthly Bonuses for the Step-2 program are as follows:
⦁ $100 for the 10k account
⦁ $200 for the 25k account
⦁ $300 for the 50k account
⦁ $400 for the $100k account
⦁ $500 for the $150k account
The Minimum Trading Days for the “Level 1 – Assessment” stage is 3 days. The Minimum Trading Days for the “Level 2 – Assessment” stage is 3 days also. There is no Minimum Trading Days for the simulated funded stage. A trading day is calculated as a day where you have made at least one trade. Days where there have been no trades is not counted as a trading day.
The Max Loss for the 2-Step program is 9% for all stages. Your Max Loss, commonly referred to as ‘drawdown’ cannot exceed 9% of the initial account balance. If your account balance is $100,000 your max loss cannot exceed -$9,000, meaning that your account balance equity cannot fall below $91,000. However, if your account balance grows to $108,000 this would mean your max loss would be increased to $17,000 ($108,000 new balance – $91,000 original max loss of balance/equity).
Daily Loss Limit (5%)
The Daily Loss Limit is the maximum amount your account is permitted to lose in a single trading day. This limit is calculated based on your previous day’s account balance at 5 PM EST, and it resets daily at that time.
The daily loss limit increases as your account grows, meaning it compounds with gains in your account balance.
Example:
If your prior day’s closing balance (at 5 PM EST) was $100,000, your 5% daily loss limit would be $5,000.
This means:
Your account would violate the rule if your equity falls below $95,000 at any time during the day.
Even if your account shows a floating profit of $6,000, the loss limit for the following day remains based on the previous day’s balance, not the floating equity.
So the daily loss limit remains at $95,000, based on the $100,000 balance.
The profit target is 10% for the Level 1 – Assessment stage. The profit target for the Level 2 – Assessment stage is 5%. No profit target is required for the funded stage.
At PropFunders, we have clear rules in place to maintain fairness, consistency, and responsible risk management. If you break a rule, the outcome depends on the type of rule violated — either a hard breach or a soft breach.
A hard breach results in an immediate failure of your evaluation or funded account. This includes exceeding the maximum daily loss, maximum overall loss, or breaking any rules listed in the Restricted Trading Strategies section (e.g. using prohibited EAs, group trading, or latency arbitrage).
A soft breach does not immediately fail your account but is still taken seriously. Soft breaches include actions like trading during high-impact news events or holding trades over restricted periods. While a single soft breach won’t cause failure, repeated soft breaches can lead to account termination.
We offer up to 50:1 leverage on Forex and Metals, up to 10:1 leverage on Indices, up to 5:1 leverage on
Oil and up to 2:1 leverage on Cryptocurrencies for the 2-Step Program.
We currently allow three payment methods including;
⦁ Rise https://www.riseworks.io/
⦁ Cryptocurrency
⦁ Bank Transfer
⦁ PayPal
Please note that for crypto payouts we only offer this for amounts up to USD$2000. For crypto payouts higher than this it is done through our partner Rise for regulatory reasons.
How Payouts Work With RiseWorks
Riseworks.io is a financial services company that specializes in payout processing. Through our platform, you can withdraw your payout to either your cryptocurrency wallet or bank account. To get your payout processed with Riseworks.io, you must first sign up using the invitation sent to your email, complete the KYC process, and sign the necessary agreement. Once these steps are completed, your payout will be deposited into your Riseworks.io account within 24 hours. Please ensure that the email used to create your Riseworks.io account matches the one associated with your PropFunders account.
FX Pairs, metals, indices, commodities and cryptocurrencies are able to be traded here.
Copy trading is only allowed from another PropFunders account, broker account or prop firm account owned by the same individual, copy trading from accounts not owned by the same individual is strictly prohibited. Pass your challenge and account management services are not allowed as the trading should be based solely on the traders own ability.
High Frequency Trading (HFT):
High-Frequency Trading (HFT) is a trading approach defined by the use of advanced algorithms and high-speed communication systems to conduct a large volume of trades in just milliseconds or seconds. This method seeks to take advantage of tiny price movements and market inefficiencies. Although HFT can appear attractive because of its potential for quick profits, it carries substantial risks and can negatively impact market stability.
Arbitrage Trading:
Arbitrage trading involves taking advantage of price differences or delays between various markets or platforms to earn risk-free profits. At PropFunders, all types of arbitrage trading are banned due to their unethical implications and potential to undermine fair market practices.
Copy Trading/Using Signals:
PropFunders permits traders to engage in copy trading from any Prop Funders account, prop firm, or retail broker as long as the accounts are under the same ownership. This allows you to copy trades from any accounts that you personally own.
Please note that using signals such as those available on MQL5.com or any other signal provider website is not permitted.
However, copy trading across multiple accounts that are not owned by the same person, including those belonging to relatives, family members, or friends, is strictly forbidden. Please note that we have software and detection methods in place to check for copy trading and if an account is found to be using copy trading that is not permitted it will result in account termination.
Hedging and/or Group Trading:
At PropFunders, hedging is allowed within the same account.
However, using multiple accounts for hedging is not permitted, as it does not reflect a legitimate trading strategy. For instance, if you have two accounts, you are not allowed to place hedged entries between them.
Example: If you have Account A and Account B, and you buy 1 lot of EUR/USD on Account A while simultaneously selling 1 lot of EUR/USD on Account B to hedge, this is not allowed.
Conversely, if you buy 1 lot of EUR/USD on Account A and simultaneously sell 1 lot of EUR/USD on Account A, this is permitted.
Hedging or group hedging across multiple accounts involves opening several accounts and executing opposing trades on the same asset across these accounts. This strategy aims to take advantage of price fluctuations while minimizing risk but does not demonstrate genuine trading acumen. Group trading where traders come together to trade very similar trades is not permitted and we have risk detection software in place to detect this.
Tick Scalping:
Tick scalping is a trading approach where traders seek to gain from minor price movements by executing a large number of trades in a very short period. PropFunders has implemented restrictions on tick scalping due to its potential for market manipulation and disruptive trading behavior.
For example, a tick scalper might use automated trading systems to make quick trades on financial instruments. By acting at extremely high speeds, they capitalize on even the tiniest price changes, effectively front-running other market participants and gaining an undue advantage. The rapid influx of orders and their frequent cancellations can negatively impact market liquidity, making it difficult for other traders to secure trades at fair prices.
One-sided Betting:
One-sided trading refers to a strategy where a trader repeatedly takes positions in a single direction without considering current market conditions or conducting thorough analysis. At PropFunders, one-sided trading is prohibited due to its speculative nature and the high risk of large losses. This approach involves persistently buying or selling an asset without factoring in important fundamental data, economic reports, or technical indicators that could signal potential price changes. Failing to analyze these factors can lead to trades with poor risk-reward outcomes.
Example: A trader practices one-sided trading by consistently purchasing an asset, ignoring warning signs or negative trends that suggest a market downturn. This lack of diversification exposes the trader to significant losses if the asset’s value suddenly drops.
You can use any Expert Advisor (EA) you have on your trading account, as long as it does not:
⦁ Copy trades of other person’s signals
⦁ Do tick scalping
⦁ Perform latency arbitrage trading
⦁ Perform reverse arbitrage trading
⦁ Perform hedge arbitrage trading
⦁ Use emulators
In addition to the above, traders are not permitted to use an EA where you don’t own the source code or use a third party EA that can be purchased online or by similar means (EA’s are prohibited to be used where other traders have the same trades open, which can be often found through the same strategy or traders using the same EA).
The region of your IP address(es) used to log into the Master account must remain consistent.
If our Risk Team detects a change in the region, they may contact you to confirm this and request proof, such as an airline ticket, passport stamp, or live video of the location.
Multiple accounts on a similar IP address are strictly prohibited, this is to rule out group trading, to ensure fairness for all traders and for security purposes.
We aim to send all platform login details instantly after your purchase. In some rare cases there may be a delay and we’d ask to allow up to 24 hours in such cases.
Yes, it is prohibited to change your trading platform password (not to be confused with your www.propfunders.com website password) as this will cause issues with the monitoring of your trading performance therefor resulting in a failed program.
Yes, certainly! You can hold trades over the weekend on our 2-Step Program.
While we encourage take profits and stop losses to assist with risk management and to help with your trading overall, we don’t require them to be used.
Simulated Hedging or executing simulated reverse trades within a single demo account is permitted. However, executing a simulated buy trade on one demo account and a simulated sell trade on another demo account is prohibited. This violates the rule against simulated reverse trading or simulated hedging across multiple demo accounts.
Simulated Group hedging involves individuals coordinating opposing positions across one or multiple prop firms or simulated prop firms to reduce/eliminate risk and exploit prop firm or simulated prop firm rules. This practice is also prohibited.
PropFunders is a forward-thinking proprietary trading firm with a mission to cultivate and support successful traders. With over 40 years of combined industry experience, our team is led by a visionary CEO who was a pioneer in prop trading long before it became mainstream. Our commitment to innovation and excellence drives us to provide unparalleled support and resources for our traders.
At Prop Funders, we believe in the transformative power of trading and education. Our vision is to create an environment where talented individuals can thrive and reach their full potential. We are dedicated to fostering a community of traders who are not only skilled but also ethical and responsible.
Our company is built on strong philanthropic values. We strive to give back to the community and support various charitable causes, reflecting our belief in making a positive impact beyond the trading floor
We pride ourselves on our diverse and multicultural team, which brings a wealth of perspectives and expertise to the table. This diversity enhances our ability to innovate and adapt in an ever-changing market landscape.
Prop Funders is more than just a prop trading firm; we are a family of passionate professionals committed to helping our traders succeed and make a difference in the world.
Absolutely! At Prop Funders, we welcome affiliates to join our growing community. As an affiliate, you have the opportunity to earn generous commissions by referring talented traders to our platform. With our competitive compensation structure, comprehensive marketing support, and cutting-edge trading programs, promoting Prop Funders is both rewarding and straightforward. Join us today and become a vital part of our mission to cultivate successful traders worldwide. Sign up now and start earning with Prop Funders!
Our affiliates can earn up to 18% commission through our tiered affiliate program. Here’s how it works:
– 1-49 customers: 10% commission
– 50+ customers: 12% commission
– 150+ customers: 15% commission
– 300+ customers: 18% commission
As you bring in more customers, your commission rate increases, allowing you to maximize your earnings. Join our affiliate program today and start benefiting from our competitive commission structure!
Yes, news trading is allowed throughout all our programs. Opening a position within 3 minutes before or after a major (red folder) News Event is prohibited. Any traders identified as having opened a position during a major News Event are subject to having that position closed and the associated P&L removed from their account.
This rule is defined as a soft breach and intended to protect the integrity of our program and is not meant to penalize traders who inadvertently trade through a news event.
A trader can qualify for a payout 14 days after their first trade on the funded account, and subsequently, 14 days following the first trade after making a withdrawal. To qualify for a payout on funded accounts, the account balance must be above the initial balance with no rule violations recorded. Additionally, the trader must have all positions closed (no open trades or orders) to receive the payout.
All payouts are paid on a bi-weekly (fortnightly) cycle and normally the 7th and 21st of each month.
Payouts are processed within 1-2 business days. All Funded Traders can request payouts via their dashboard. Withdrawals are handled through Bank Transfer, PayPal, Cryptocurrency and Riseworks.io. Riseworks.io allows transfers to both bank accounts and crypto wallets. For crypto payouts we only offer this for amounts up to USD$2000. For crypto payouts higher than this it is done through our partner RiseWorks for compliance reasons.
We do not charge any commissions or hidden fees for payouts. The minimum withdrawal amount for Rise is $500, while the minimum amount for all other withdrawal methods is $50 (this is to cover third party payment processing fees).
Trading hours are generally set by the Liquidity Provider, unless set by our rules. We do not have any
control over the trading hours. You can see the trading hours for each product by using the following
methods:
DXtrade – Right click symbol, select “Instrument Info”
MatchTrader – Click symbol to expand, select “Info”
cTrader – Navigate to Symbol Window, scroll down to see “Market Hours” for selected symbol
Please note that holidays can have an impact on available trading hours.
At Prop Funders, we require all traders to sign up as individuals. This means you must use your personal name and identity when registering. Registration under a business or company name is not allowed. Additionally, all submitted information will be carefully verified through our Know Your Customer (KYC) process to ensure compliance and authenticity.
The restricted countries include: Afghanistan, Central African Republic, Cuba, Congo Republic, Crimea, Democratic Republic of Congo, Guinea, Guinea-Bissau, Iraq, Iran, Libya, Mali, Myanmar, North Korea, Papua New Guinea, Russia, South Sudan, Sudan, Somalia, Syria, Venezuela, Yemen.
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