Details About Capitalize
Legal Name: Prop Account, LLC
Company Number: Not disclosed
Country of Registeration: Not disclosed
CEO: Not available
Support Mail: Not available
Phone: Not available
Payment Modes: Wire transfer/ Bank Transfer, PayPal, Revolut, WISE, Crypto
Withdrawal Methods: Not disclosed
Website: https://prop-capitalize.com
Banned Countries:
Challenge Details at Capitalize
Types of Challenges: One Phase Challenge
Trading Platforms: MatchTrader, cTrader, DXTrade
Trading Instruments: Forex, Indices, Metals, Stocks, Crypto, CFDs
Broker: ThinkMarkets
Max Allocation: $500,000
Scaling: $2,000,000
Trading Competitions: Does not organize Trading Competitions
Free Trials: Does not offer free Trials
About Capitalize
Company Information
- Company Name: Capitalize
- Company Legal Name: Prop Account, LLC
Challenge Details
Pricing:
- Price: $25,000 Account – $249
- Price: $50,000 Account – $499
- Price: $100,000 Account – $999
- Price: $250,000 Account – $2,499
- Price: $500,000 Account – $4,999
Rules:
- Profit Target: 10%
- Total Loss: 4%
- Daily Loss: 4%
- Profit Share: Yes (Payouts available once every 30 days)
- Drawdown Type: Equity-Based Drawdown
- Time Limit: No minimum trading days
- Leverage:
- Forex and Metals: 10:1
- Indices: 10:1
- Equity Shares: 5:1
- Cryptos: 2:1
- Payout Frequency: Every 30 days
- Allows Copy Trading: No
- Minimum Trading Days: 0
Scaling Plan
Capitalize does offer traders a scaling plan which will be given based on trader's consistent profitability.
Spreads and News Trading Rules
Spreads:
Capitalize uses raw accounts from ThinkMarkets to provide the most competitive spreads, They have also mentioned that their spreads are as low as 0.0 Pips.
News Trading Rules:
Yes, news trading is allowed, allowing traders to capitalize on significant market events.
Other Important Rules
Daily Drawdown Calculation:
Daily loss is calculated based on the previous day’s end-of-day balance. If your balance was $1,000,000 at the end of the day, you would breach the limit if your equity falls to $950,000.
Countries Banned from Purchasing:
Some countries are restricted due to regulatory reasons. Please check the latest updates directly with Capitalize.
Gambling Rules:
Trading in a manner that resembles gambling or reckless behavior is prohibited. This includes strategies that involve excessive risk-taking, such as betting your entire account on one trade.
Prohibited Trading Strategies:
Capitalize prohibits several types of trading strategies, including:
- Exploiting pricing errors or latency.
- Insider trading or using non-public information.
- Front-running trades.
- Using different strategies for evaluation and live accounts.
- Utilizing third-party or off-the-shelf strategies marketed to pass evaluations.
Payout Methods
Capitalize has not mentioned their payout methods, Instead they have mentioned that traders can send a request to the support to withdraw their profits.
Trading Commissions
Capitalize applies commission charges on forex and equity share CFDs, reflecting ThinkMarkets’ raw account spreads. Indices, metals, and cryptos do not have commission charges.
- Forex and Metals: 10:1
- Indices: 10:1
- Equity Shares: 5:1
- Cryptos: 2:1