Frequently Asked Questions (FAQ's)
General Questions
We accept any user from any nationality, except users from the following countries: (insert list of “prohibited” nations)
Every trader registered with Prop Trade Zone, while aware of trading solely with Demo accounts, must be 18 years old or older, complete the KYC phase correctly once they have passed the evaluation process of the first or second phase (depending on the type of challenge).
We are always looking for partners who can promote our Prop Trading model. Click the following link to access the affiliations section → Affiliate Portal
We are delighted to provide you with nothing but the best. You will be immediately set up to use the Platform 5, cutting-edge technology offered through Axe Securities, ready to offer you an exceptional demo trading experience.
Before each payout request, the trader must have performed at least 10 days of minimum trading on funded accounts.
Each valid trading day is counted only if, throughout the entire trading session, operations are carried out for a total duration of 3 minutes.
Please note, it is only possible to request a payout after 21 calendar days, following the execution at market of the first trade. The day of execution at the market of the first trade, therefore, will count as day 1.
In both cases, we want to specify the following.
These are trading styles prohibited by Prop Trade Zone, and are calculated as follows:
No trader should have or make 2+ operations on the same underlying asset simultaneously, in the same direction, with the ultimate goal of averaging or recovering the currently losing trade.
It is a trading style not consistent with our methods of selecting and researching established traders, therefore it will be penalized with the closure of the account and labeled as a serious rule violation.
The maximum capital you can have access to is $200,000.00 for each individual account.
Please note: each user can manage up to a maximum of $200,000.00 divided, however, among accounts with a maximum limit of $200,000.00.
Example:
You can have 2 accounts of $100,000.00
Or, 4 accounts of $50,000.00
Or 2 accounts of $50,000.00 and 1 account of $100,000.00
and so on.
It is important to know that it is forbidden in any way to perform copy trading between multiple accounts, even if belonging to the same person.
The Payout, understood as a bonus for good conduct of the trader on Funded Demo accounts, is distributed as follows:
You will be able to request your first Payout 21 calendar days and 10 trading days after the execution of your first operation on the market.will have a profit spit of 70%
the second payout request, the calendar days before making your payout request will be 14 and 10 trading days ,will have a profit spit of 70%
From the third payout request onwards, the calendar days before making your payout request will be 14 in total and 10 trading days,and will have a profit spit of 80%
To receive the payout, you will need to fill out a proforma receipt or issue an invoice, taking responsibility for the payout received to be declared according to your tax regime.
- All payouts are performance commissions while trading in a simulated market environment.
There are no consistency rules. It is important that the trader only adheres to the main rules, namely:
- Non-use of prohibited strategies, which lead to account verification and subsequent denial of any virtual bonus.
- News Trading
- Minimum of 3 minutes of total daily trading to qualify as actual trading days.
Yes. It is essential to be at least 18 years old.
Yes, you can keep trades open for the entire weekend without any issues.
Your account credentials, once you’ve purchased the challenge ticket, will be sent to your email address within a few minutes of purchase. In case you don’t receive anything, check your mailbox (SPAM section) or, if the time is extended (60 minutes or more), contact us via chat.
Yes, the countries excluded from our program are as follows:
Russia, Cuba, Sudan, Somalia, Iran, Lebanon, Syria, North Korea, Libya, Vietnam, United States, Indonesia,
Indonesia, Mauritius,Congo
You can use credit or debit cards, crypto and Direct bank transfer.
You can contact us on our discord server or at our support email
Once your evaluation plan payment has been officially confirmed, you will receive an email with access details to access your evaluation. Once this information is emailed to you, the sale will be final, and no refunds will be issued due to the instant nature of the program.
We remind you that traders are paid exclusively based on their simulated performance during the expert trader phase. We do not provide refunds after passing evaluations.
High-frequency trading is strictly prohibited, any hint of usage leads to immediate termination of any contract, collaboration, and usage of our platform, and ban from the same.
Since you have requested payment of commissions earned on your Demo Funded account with simulated funds, you should not open any positions until your account balance is correctly restored and the payout is accepted.
There are only 4 ways to lose an account:
- Violation of a Pre-Lead Metric (4% Based On Daily Equity, Or 8% Of Total Pre-Lead, Highest Final Balance Or Net Equity).
- Inactivity For 30 Days On Your Challenge Or Evaluation Account.
- Trading during red-flagged news (read details in the specific FAQs for each challenge)
- The reason an account may be closed after 30 days of inactivity is to prevent any vacant accounts from remaining in our system. If you need to go through an extended period of inactivity, you can inform the team in advance, and we will ensure your account is safe. You can also update our team at any time before the 30 days with the reason for the inactivity, and this violation will not apply. An account can also be closed if continuous alerts of copy trading or account management have been issued.
Leverage:
- FX Pairs: 1:50
- FX Exotics: 1:20
- Indices & Gold 1:50
- Oil: 1:20
- Crypto: 1:1
To be considered valid, a single trade must have a minimum duration of 3 minutes. All profitable operations of a shorter duration will be excluded from the payout calculation. If we continue to notice unusual and reckless use of particularly fast trading methods, attributable to “high frequency” or “tick scalping”, on a particular account, our risk team may consider intervening in several ways, completely canceling the Payout or, in more extreme cases, downgrading the account to a smaller size or closing it permanently. This is to avoid incorrect and fraudulent behavior that could damage the company.
Soft breach results in account reset and is applied in one of the following cases:
– Trading on news
– Use of grid or martingale strategies.
If three soft breaches occur on the same account (a new account is provided for each payout request), the account will be permanently closed.
All other prohibited trading strategies are considered hard breach and result in immediate account closure
Extraliquidity is the ability to buy liquidity if your account is negative. You will be given a virtual deposit on your demo trading account. example: I have a negative account at -3%, I can buy a deposit of 1% x 3 times and bring the balance back to zero, or I can buy a deposit of only 1% to bring the balance to -2%. at my discretion. For each account it is possible to recover up to a maximum of 4%, the account must be stopped, with no operations in progress, the account cannot be brought to positive. Example: if my account is negative by 0.5%, I buy a deposit of 1% my balance will still be 0 and not +0.5%
Unlimited 2-Step Challenge
The profit target during Phase 1 is equal to 7% of the chosen virtual capital amount before starting the challenge itself.
For example, if you selected a Demo account with $100,000.00 in virtual funds, your profit target would be $7,000.00.
Once achieved, you will be admitted to Phase 2.
You have to prove your skills and reach the 7% target without any time limit.
Day 1 will be counted from the execution of your first market trade on the Demo account.
You have to prove your skills and reach the 5% target without any time limit.
Day 1 will be counted from the execution of your first market trade on the Demo account.
The profit target during Phase 2 is equal to 5% of the chosen virtual capital amount before starting the challenge itself.
Once successfully completing Phase 1, your virtual account balance will be reset, and you will start with the updated balance of the initially chosen account.
Therefore, aiming to achieve a 5% virtual profit target in your second Challenge phase on a demo account, assuming a virtual account of $100,000.00, your target to reach for advancing to the funded demo phase would be $5,000.00.
Once achieved, checks and verifications will be conducted. If everything has been done according to the rules, you will be admitted to the funded phase.
Both the daily drawdown and total drawdown metrics are based on account equity. This means that the 4% daily drawdown is not a static metric but one that trails forward with the highest floating profit of the day.
For example, on a $100k simulated account, your equity-based daily drawdown amount is 4% ($4,000).
If you have an open trade running with $1,000 profit, but this same trade ends up being -$3,000 negative, this would equal a 4% change in equity, thus meeting the drawdown limit of the day, which would cause a risk-limit breach.
Similarly, the total loss is set at 8% of the account equity. This means that on a $100k account, the total loss limit would be $8,000. Exceeding this limit would result in a breach of the overall risk limit.
Yes, there are minimum trading days for each phase.
Phase 1 Challenge: Minimum 7 trading days.
Phase 2 Challenge: Minimum 5 trading days.
Funded Demo Account: Minimum 10 trading days.
Yes, expert advisors are allowed for all challenges
The use of HFT is not allowed.
Yes, trading during macroeconomic news is allowed during the challenge phase.
During the “Funded Demo” phase, however, it is necessary to pay attention to the following:
It is forbidden to open or close trades 5 minutes before, during, and 5 minutes after the release of news with a “Red Flag” (available on Forexfactory.com) related to the underlying asset involved in the news itself. Such violation leads to the closure of the account. Here are some examples of how to avoid unpleasant situations like these.
Click on Forexfactory.com.
Make sure to observe the relevant trading day.
Consider only news with red flags (indicated by a red folder).
Observe the reference currency of the news marked with a red flag.
Avoid any trades involving the reference currency in any way.
For example, if there is news involving the US dollar (USD), you should keep in mind that no trades can be opened or closed (5 minutes before, during, and 5 minutes after) on any forex pairs containing USD.
Note that indices and commodities are also subject to this rule, and they respond to news as follows:
XAU: Avoid trading XAU with news involving the US dollar (USD).
WTI (oil): Avoid trading WTI with news involving CAD (Canadian dollar) and USD.
Nas100, Us30, Sp500: Avoid trading major US indices with news involving the US dollar (USD).
Ger30/Dax: Avoid trading the major German index (Dax/Ger30) with news involving EUR and USD (euro and US dollar).
Yes, a refund of the fee is provided upon the first correctly approved payout.
There are no consistency rules. It is important that the trader only adheres to the main rules, namely:
Non-use of prohibited strategies, which lead to account verification and subsequent denial of any virtual bonus.
Each trader can reach a maximum target equal to 5% of their account. From this target, the Payout calculation will be carried out.
Example:
$100,000.00 Account
Profit achieved at Payout request: $6,500.00
Profit that will be taken into consideration for the purposes of the Payout request: $5,000.00
Payout calculation to be made (first profit share equal to 70%): $5,000.00 * 0.70 = $3,500.00 Profit Split
Any other amount less than $5,000.00 in profit will be treated as normal, applying the usual profit share calculation.
Yes! We are the only prop to provide you with a new account completely free, equal to 50% of the value of the account you lost. For example: If you trade a $200,000.00 account and unfortunately fail phase 1 or phase 2, you will receive a new $100,000.00
account ready to trade within 24 hours. Please note: on the free account that will be granted to you as a new attempt, there is no refund of the Fee. This type of attempt applies to all sizes of our challenges except 15,000.
The use of the following strategies/approaches during the Two Steps or Funded phases is prohibited and will be subject to review:
- Grid Trading or Grid Trading Softwares.
- Martingale Trading Or Martingale EA’s.
- Latency Arbitrage
- Hedging Orders Across Multiple Accounts.
- Abusing The Volatility Of News By Placing Guaranteed Limit Order Fills.
- Any Use Of Delayed Data Feeds For Risk-Free Profit.
- Copy Trading Of Another Person’s Signals/System or Copy Trading Amongst Multiple Users On Our Platform.
Account Management By A 3rd Party
Unlimited 1-Step Challenge
The profit target during Phase 1 is equal to 10% of the chosen virtual capital amount before starting the challenge itself.
For example, if you selected a Demo account with $100,000.00 in virtual funds, your profit target would be $10,000.00.
Once achieved, you will be a PropTradeZone funded trader.
You have to prove your skills and reach the 10% target without any time limit.
Day 1 will be counted from the execution of your first market trade on the Demo account.
Both the daily drawdown and total drawdown metrics are based on account equity. This means that the 4% daily drawdown is not a static metric but one that trails forward with the highest floating profit of the day.
For example, on a $100k simulated account, your equity-based daily drawdown amount is 4% ($4,000).
If you have an open trade running with $1,000 profit, but this same trade ends up being -$3,000 negative, this would equal a 4% change in equity, thus meeting the drawdown limit of the day, which would cause a risk-limit breach.
Similarly, the total loss is set at 7% of the account equity. This means that on a $100k account, the total loss limit would be $7,000. Exceeding this limit would result in a breach of the overall risk limit.
Yes, there are minimum trading days.
Phase 1 Challenge: Minimum 7 trading days.
Funded Demo Account: Minimum 10 trading days.
Instant Funding
The maximum total loss allowed is 5%. In this specific case, regardless of the days of operation, if your balance reaches a level below 5%, your Instant Funded Demo account will be closed.
In the “Instant Funded Demo” account you will have 7 days of minimum trading to perform before making any Payout request.
Yes, in this type of funded demo account, trading of high impact news is allowed
This is to preserve a healthy trading style and avoid Gambling.
You are not allowed to risk more than 1% of your initial capital for a single operation or multiple operations on the same instrument on the same day.
Each trader must reach the maximum target equal to 4% of their account, in order to request the payout.
No, commission refund is not available for the first payout on an “Instantly Funded Account”
You will be able to request your first payout 14 calendar days and 7 trading days after your first trade is executed and after reaching your profit target, you will have a 50% profit split.
The minimum trading and calendar days never change for each payout request, but you will receive a profit split implementation as follows:
First Payout: 50/50
Second Payout: 60/40
Third Payout: 65/35
From the fourth payout: 70/30
