The Prop Game is a unique prop trading firm which offer traders the opportunity to manage large capital accounts without paying for the challenge accounts first while also benefiting from industry-leading rules and payouts.

Company Information

• Company Name: The Prop Game
• Company Legal Name: Garuda Education and Training Pte Ltd
• Company Registration No.: 202342938C
• Operating Since: 30 June 2024
• CEO Name: Sai Kalyan

Challenge Details

The Prop Game offers three types of challenge programs :- Trade Now Pay Later , Pay as you Progress and 3-Step Challenge. 
The Prop Game also offers Instant Funding Program which are divided into 2 types, 20% Profit Split and 40% Profit Split.

Trade Now Pay Later Details

Pricing:

• $5,000: $19
• $10,000: $39
• $100,000: $100
• $200,000: $239

Rules:

• Profit Target (Phase 1): 10%
• Profit Target (Phase 2): 5%
• Total Loss: 10%
• Daily Loss: 4%
• Profit Share: Up to 85%, with add-ons up to 90%
• Drawdown Type: Static Drawdown
• Time Limit: Unlimited
• Leverage:
  • Forex pairs: Up to 1:100
  • Metals, Indices, Energies: Up to 1:50
• Max Lot Size: No limit
• Payout Frequency: Every 30 days
• Allows Copy Trading: Yes
• Min Trading Days: 5 days

Pay as You Progress Details

Pricing:

• $10,000: $61
• $25,000: $129
• $50,000: $163
• $100,000: $272
• $200,000: $525

Rules:

• Profit Target (Phase 1): 5%
• Profit Target (Phase 2): 8%
• Total Loss: 10%
• Daily Loss: 5%
• Profit Share: 85%
• Drawdown Type: Static Drawdown
• Time Limit: Unlimited
• Leverage:
  • Forex pairs: Up to 1:100
  • Metals, Indices, Energies: Up to 1:50
• Max Lot Size: No limit
• Payout Frequency: Every 30 days
• Allows Copy Trading: Yes
• Min Trading Days: 3 days

Instant Funding (20% Profit Split) Details

Pricing:

• $10,000: $106
• $20,000: $178
• $50,000: $354
• $100,000: $691
• $200,000: $1,371

Rules:

• Profit Target: None
• Total Loss: 6%
• Daily Loss: 3%
• Profit Share: 20%
• Drawdown Type: Static Drawdown
• Time Limit: Unlimited
• Leverage:
  • Forex pairs: Up to 1:10
  • Metals, Indices, Energies: Up to 1:5
• Max Lot Size: No limit
• Payout Frequency: Every 25 days
• Allows Copy Trading: Yes
• Min Trading Days: 25 days

Instant Funding (40% Profit Split) Details

Pricing:

• $10,000: $157
• $25,000: $261
• $50,000: $491
• $100,000: $941
• $200,000: $1,868

Rules:

• Profit Target: None
• Total Loss: 6%
• Daily Loss: 3%
• Profit Share: 40%
• Drawdown Type: Static Drawdown
• Time Limit: Unlimited
• Leverage:
  • Forex pairs: Up to 1:10
  • Metals, Indices, Energies: Up to 1:5
• Max Lot Size: No limit
• Payout Frequency: Every 25 days
• Allows Copy Trading: Yes
• Min Trading Days: 25 days

3-Step Challenge Details

Pricing:

• $10,000: $65
• $25,000: $141
• $50,000: $228
• $100,000: $373

Rules:

• Profit Target (Phase 1): 8%
• Profit Target (Phase 2): 6%
• Profit Target (Phase 3): 4%
• Total Loss: 8%
• Daily Loss: 4%
• Profit Share: Up to 85%, with add-ons up to 90%
• Drawdown Type: Static Drawdown
• Time Limit: Unlimited
• Leverage:
  • Forex pairs: Up to 1:100
  • Metals, Indices, Energies: Up to 1:50
• Max Lot Size: No limit
• Payout Frequency: Every 25 days
• Allows Copy Trading: Yes
• Min Trading Days: 3 days

Scaling Plan

The Prop Game does not offer any Scaling Plan at this moment.

Spreads and News Trading Rules

Spreads:

The Prop Game has not mentioned the spreads applied on their trading platform.

News Trading Rules:

The Prop Game allow traders to trade during news only in the Instant Funding models. Other than that, Traders are not allowed to trade 5 minutes before and after a high impact news event, Although traders can hold trades during a high impact news event without any restriction but any modification can lead to hard breach and account termination.

Other Important Rules

Daily Drawdown Calculation

The Prop Game calculates daily drawdown based on the balance or equity whichever is higher at the end of the day. This drawdown type is equity based drawdown which means the drawdown limit will be changed each day and can increase or decrease based on the PnL of the account.

Countries Banned from Purchasing

The Prop Game services are unavailable for individuals in countries like : 

• United States
• Cuba
• Iran
• Syria
• North Korea
• Democratic Republic of the Congo
• Libya
• Somalia
• South Sudan
• Sudan
• Yemen
• Russia
• Crimea
• Donetsk
• Luhansk regions of Ukraine.

Addiotionally, Individual with any financial crime, terrorism related offense or UN sanctioned countries are also not allowed.

Prohibited Trading Strategies

The Prop Game prohibites few trading strategies which are:

• High-Frequency Trading
• Copy trading
• Hedging across multiple accounts
• Strategies exploiting low liquidity

Payout Methods

Payouts are processed via international bank transfers, Wise (USD), or crypto (USDT ERC20).

Trading Commissions

Trading Commissions charged by The Prop Game are as follows :

• Forex: $3 per lot
• Commodities: $3 per lot
• Indices: $0 per lot
• Crypto: $0 per lot

IP Rule

Trading across multiple IPs is allowed by The Prop Game as long as the trader is trading his own account. In a scenario where a trader changes the location to somewhere else, The Prop Game will ask for proof and after giving the proof, Traders can resume trading, failing to do so can lead to account suspension.