Company Information

Company Name: TradeXProp
Company Legal Name: Prop Account, LLC
Country of Registration: Malaysia
Support Email: support@tradexprop.com
Operating Since: Registered in Kuching, Malaysia

Challenge Details

TradeXProp offers two main evaluations for traders: a 1-Step Evaluation and a 2-Step Evaluation, each tailored to different trading styles and levels of experience.

1-STEP EVALUATION

This challenge is perfect for those who want to keep it simple. With a single phase, traders can focus on reaching their targets without the extra hurdles.

Pricing:

Size: $5,000 – $45
Size: $10,000 – $85
Size: $25,000 – $215
Size: $50,000 – $395
Size: $100,000 – $795
Size: $250,000 – $2,155
Size: $500,000 – $3,755

Rules:

Profit Target: 10%
Total Loss: 6%
Daily Loss: 5%
Profit Share: 80%
Drawdown Type: Static Based Drawdown
Time Limit: No minimum or maximum trading days
Leverage: Up to 50:1 on Forex, Metals, 10:1 on Indices, 5:1 on Oil, and 2:1 on Cryptos
Payout Frequency: 30 Days
Allows Copy Trading: No
Min Trading Days: No minimum days required
EA Allowed: Yes
News Trading: Not Allowed

2-STEP EVALUATION

For traders who prefer a more traditional evaluation process, the 2-Step Evaluation offers the challenge of progressing through two phases, testing your skills in both short and long-term strategies.

Pricing:

Size: $5,000 – $35
Size: $10,000 – $75
Size: $25,000 – $155
Size: $50,000 – $285
Size: $100,000 – $465
Size: $250,000 – $1,355
Size: $500,000 – $2,455

Rules:

Profit Target (Phase 1): 8%
Profit Target (Phase 2): 5%
Total Loss: 8%
Daily Loss: 5%
Profit Share: 80%
Drawdown Type: Static Based Drawdown
Time Limit: No minimum or maximum trading days
Leverage: Up to 50:1 on Forex, Metals, 10:1 on Indices, 5:1 on Oil, and 2:1 on Cryptos
Payout Frequency: 30 Days
Allows Copy Trading: No
Min Trading Days: No minimum days required
EA Allowed: Yes
News Trading: Not Allowed

Scaling Plan

TradeXProp does not offer any scaling plan at this moment.

News Trading Rules

TradeXProp has a strict rule against news trading, traders are prohibited from opening a position within 3 minutes before or after a news event. This rule helps ensure the integrity of the evaluation program, preventing traders from exploiting high-volatility market conditions during significant economic announcements.

Other Important Rules

Daily Drawdown Calculation:

The daily loss limit resets at 5 PM EST every trading day. This limit is based on the previous day’s account balance, ensuring that as your account grows, so does the daily loss limit.

Countries Banned from Purchasing:

Traders from OFAC-listed countries are prohibited from participating in the program.

Prohibited Trading Strategies:

Exploiting platform errors or latency
Using insider information
Front-running
Arbitraging between accounts
Utilizing banned third-party strategies

Payout Methods

There are no mention of what payout methods are available but TradeXProp allow traders to withdraw once in every 30 days and the payouts are processed within 1-3 business days.

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