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TradeXprop


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Overview of TradeXprop Forex Prop Firm

TheTrustedProp
Date: May 10, 2024

In the world of online trading and investment, it's crucial to have access to reliable and reputable platforms. TradeXprop, a trading evaluation program, has been making waves in the industry since its inception in 2015. In this article, we will delve into the details of TradeXprop, exploring its company background, challenge programs, and why it's gaining recognition among traders.

Company Details

Name: TradeXprop

TradeXprop operates under the legal name of Prop Account, LLC. While the CEO's identity remains undisclosed, the company has been successfully registered in Kuching, Malaysia.

Challenge Details

TradeXprop offers three distinct evaluation programs, each designed to cater to traders with varying levels of experience and risk appetite. Let's take a closer look at these programs:

1-Step Evaluation

  • Equity Growth Target: 10%
  • Min./Max. Trading Days: None
  • Daily Max. Loss: 5%
  • Max. Trailing Drawdown: 6%
  • Leverage: 10:1 (upgrades available upon checkout)
  • Funded Account Gains: 75% | 90%

Account Sizes

  • $5,000
  • $10,000
  • $20,000
  • $50,000
  • $100,000
  • $250,000
  • $500,000

2-Step Evaluation

Step 1

  • Equity Growth Target: 10%
  • Min./Max. Trading Days: None
  • Daily Max. Loss: 4%
  • Max. Static Drawdown: 8%
  • Leverage: 30:1
  • Funded Account Gains: 75% | 90%

Step 2

  • Equity Growth Target: 5%
  • Min./Max. Trading Days: None
  • Daily Max. Loss: 4%
  • Max. Static Drawdown: 8%
  • Leverage: 30:1
  • Funded Account Gains: 75% | 90%

Account Sizes

  • $5,000
  • $10,000
  • $20,000
  • $50,000
  • $100,000
  • $200,000

3-Step Evaluation

Step 1

  • Equity Growth Target: 5%
  • Min./Max. Trading Days: None
  • Daily Max. Loss: None
  • Max. Static Drawdown: 5%
  • Leverage: 30:1 (upgrades available upon checkout)
  • Funded Account Gains: 75% | 90%

Step 2

  • Equity Growth Target: 5%
  • Min./Max. Trading Days: None
  • Daily Max. Loss: None
  • Max. Static Drawdown: 5%
  • Leverage: 30:1 (upgrades available upon checkout)
  • Funded Account Gains: 75% | 90%

Step 3

  • Equity Growth Target: 5%
  • Min./Max. Trading Days: None
  • Daily Max. Loss: None
  • Max. Static Drawdown: 5%
  • Leverage: 30:1 (upgrades available upon checkout)
  • Funded Account Gains: 75% | 90%

Account Sizes

  • $5,000
  • $10,000
  • $20,000
  • $50,000
  • $100,000
  • $250,000
  • $500,000
  • $1,000,000

Other Details

TradeXprop's core mission is to connect talent with capital. They provide traders with the tools and the potential to access up to $1,000,000 in funded accounts. Here's why TradeXprop is gaining popularity:

  • Professional Returns: With access to professional-level capital, traders can expect professional-level returns.
  • Risk-Free Trading: Traders can take up to 90% of their profits while TradeXprop absorbs 100% of the risk.
  • Flexibility: TradeXprop accommodates various trading styles, from EA traders to news traders, allowing traders to work at their own pace.

Our Trading Platform

TradeXprop offers an exceptional trading experience through ThinkMarkets' advanced technology infrastructure. ThinkMarkets is an award-winning, licensed broker. When you join TradeXprop, you can select your preferred trading platform based on availability.

Why TradeXprop?

TradeXprop stands out for several reasons:

  • No Time Limit: Traders have the freedom to take their time finding great trades.
  • No Minimum Trading Days: Technically, traders can pass within a day, offering unparalleled flexibility.
  • Start with a $1,000,000 Account: TradeXprop allows traders to start with a substantial account right from the beginning.
  • Simplified Rules: The trading rules are straightforward and easy to understand, creating a hassle-free trading environment.

Who is TradeXprop?

TradeXprop is a community of like-minded traders who came together in 2015 out of a shared passion for trading systems, techniques, risk management, and markets. They aim to foster a strong trader community and help individuals take their trading journeys to the next level.

Mission Statement

TradeXprop's mission is clear: to be the preferred partner for traders looking to achieve their financial goals. They provide cutting-edge technology, resources, and a supportive community to help traders succeed.

 

TradeXprop is on a mission to empower traders and provide them with the resources they need to succeed in the world of online trading. With its flexible evaluation programs and commitment to fostering a strong trading community, TradeXprop is certainly a platform to consider for aspiring and experienced traders alike.

FAQs

If you purchased the "Hold Positions Over Weekend" upgrade during checkout, then you are permitted to hold positions over weekends. If you did not opt for the package upgrade, all trades must be closed by 3:45 pm EST on Friday. Any remaining open trades after this time will be automatically closed (as per Soft Breach rule), and trading may resume once the markets reopen.

Yes, you can trade during the news.

Yes, TradeXprop allows the use of Expert Advisors (EAs) for trading. However, high-frequency trading (HFT) and arbitrage trading are prohibited.

Yes, traders must execute a minimum of one trade every 30 days. Failure to do so will result in a Hard Breach.

TradeXprop's Trading Platform technology is powered by ThinkMarkets. Traders can choose their preferred platform upon signing up with TradeXprop, subject to availability.

Traders can access a wide range of products offered by ThinkMarkets, including FX pairs, CFD indices, metals, equity shares, and cryptocurrencies.

The trading hours are determined by ThinkMarkets, and holidays may affect available trading hours. As per the 'no-holding-trades-over-weekend' rule, all open trades will be closed at 3:45 pm EST on Fridays (unless you opted for the package upgrade).

Currently, there is no scaling plan in place.

Malicious trading styles include exploiting errors or latency in pricing and platforms, utilizing non-public or insider information, front-running of trades placed elsewhere, and more. Engaging in malicious trading may result in account termination.

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TradeXprop


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