For Traders vs Propr rules, prices and codes side by side
Prices updated
- For Traders
United Arab Emirates · Founded 2023
- From
- $46
- Challenges
- 4
- Accounts
- $5K to $50K
- Propr
British Virgin Islands · Founded February 2026
- From
- $25
- Challenges
- 24
- Accounts
- $5K to $200K
For Traders
ProprWhere they differ
- Cheapest challenge
- For Traders$46 ($5K Fast)
- Propr$25 ($5K Turbo 1-Step)
- Daily loss limit
- For Traders3%
- Propr3% to 5%
- Maximum loss
- For Traders5% static
- Propr3% to 8% static or trailing
- Account sizes
- For Traders$5K to $50K
- Propr$5K to $200K
- Sizes only this firm sells
- For TradersNone
- Propr$100K, $200K
- Steps
- For Traders1-step
- Propr1-step and 2-step
- Challenges
- For Traders4
- Propr24
- Some trades on-chain
- For TradersNo
- ProprYes
- Country
- For TradersUnited Arab Emirates
- ProprBritish Virgin Islands
- Founded
- For Traders2023
- ProprFebruary 2026
- Current offer
- For Traders20% off with NEW20
- ProprNone now
Every rule, side by side
| Rule | For Traders | Propr |
|---|---|---|
| The firm | ||
| Country | United Arab Emirates | British Virgin Islands |
| Founded | 2023 | February 2026 |
| Years in operation | 2 | Under 1 |
| Platforms | For Traders Perps | Propr Trading Terminal, Propr API |
| Trades on | For Traders Perps, its own platform, on demo accounts | Hyperliquid when Propr routes a trade (A-book); otherwise booked internally (B-book) |
| Markets | Perps on crypto, stocks, indices, commodities and FX (120+ markets, open around the clock) | Crypto, stock, index, commodity and FX |
| Some trades on-chain | No | Yes |
| Rules | ||
| Model | Fast (1-step evaluation) on its 24/7 Perps accounts | 1-step evaluation (Classic, Turbo, Pro) or 2-step evaluation (Classic) |
| Account sizes | $5K, $10K, $25K, $50K | $5K, $10K, $25K, $50K, $100K, $200K |
| Profit target | 10%, on closed positions | 1-step: 10% (Classic) / 9% (Turbo) / 12% (Pro); 2-step: 5% step 1 / 10% step 2 |
| Daily loss limit | 3% of the starting balance, from the higher of balance or equity at 00:00 CET | 3% (1-step) / 5% (2-step) of start-of-day balance, reset 00:00 UTC |
| Maximum drawdown | 5% static, from the starting balance; after the first reward the floor moves up to the starting balance for good | 1-step: 6% (Classic) / 3% (Turbo) / 5% (Pro), static; 2-step: 8% trailing from high-water mark, never above starting balance |
| Max leverage | Up to 1:20 by market per its help center (gold 1:20, Nasdaq and S&P 500 1:12, BTC 1:10); its perps page lists gold at 10x, ETH at 8x, SOL at 5x and most other coins at 2x | 10x on BTC, ETH and SOL, 2x on other crypto, 4x on stocks, 10x on the S&P 500 and Nasdaq 100, 5x on other indices, 8x on gold, silver and oil, 5x on other commodities, 25x on FX, per its rulebook table, plan cards and asset list; a rules-page graphic and a homepage line still show 5x for BTC and ETH, and that homepage line puts equity perps at up to 10x |
| Profit split | 80% | 80% |
| Payouts | On demand: the first reward once the account is up 1% of its starting balance, each later one after it grows 2% of the remaining balance; up to $10,000 a reward; paid within 48 hours through Rise or in USDC | On demand, no waiting period; $20 minimum; processed within 24 hours in USDC on-chain |
| Starting price | from $46 for a $5,000 account (list price; its page shows $39 with the code TRADE15 applied) | from $25 for a $5,000 account (Turbo 1-Step) |
| Minimum days | None; one position must be closed every 7 days | None |
| Consistency rule | None | None |
| US traders | Yes (not on its restricted list) | Yes (not on its restricted list) |
| Fee refund | Not stated for its perps accounts | No |
| News trading | Allowed in the challenge; funded: no new positions within 5 minutes of high-impact news | Allowed |
| Weekend holding | Allowed; every market trades through the weekend | Allowed |
| Current offer | 20% off with NEW20 (+1 more) | None now |
| Rules checked | November 10, 2026 | November 2, 2026 |
For Traders: source 1source 2source 3source 4source 5source 6source 7source 8Propr: source 1source 2
Prices at each account size
| Account | For Traders | Propr |
|---|---|---|
| Sizes both sell | ||
| $5K | $46$36.80 with NEW20, first purchase; $39.10 with TRADE15 afterFast | $25Turbo 1-Step4 challenges at this size |
| $10K | $93$74.40 with NEW20, first purchase; $79.05 with TRADE15 afterFast | $50Turbo 1-Step4 challenges at this size |
| $25K | $235$188 with NEW20, first purchase; $199.75 with TRADE15 afterFast | $125Turbo 1-Step4 challenges at this size |
| $50K | $493$394.40 with NEW20, first purchase; $419.05 with TRADE15 afterFast | $245Turbo 1-Step4 challenges at this size |
| Sizes only one sells | ||
| $100K | Not sold | $450Turbo 1-Step4 challenges at this size |
| $200K | Not sold | $899Turbo 1-Step4 challenges at this size |
Every For Traders challengeEvery Propr challengeEvery firm's challenges
Current offers
- 20% offNEW20
20% off for new customers.
First purchase only
- 15% offTRADE15
15% off every plan.
What each daily limit means on Bitcoin
How far Bitcoin has to move against a position at each firm's full leverage to use up the daily loss limit, and how often it has in the last 29 days.
| Firm and program | Bitcoin cap | Daily limit | Move that uses it up | Days Bitcoin moved that far |
|---|---|---|---|---|
| For Traders · Fast | 10x | 3% | 0.3% | 29 of 29 |
| Propr · 1-step | 10x | 3% | 0.3% | 29 of 29 |
| Propr · 2-step | 10x | 5% | 0.5% | 28 of 29 |
Recent rule changes
Program
Stopped selling its three crypto plans on MetaTrader 5 and TradeLocker (Fast, Fast PRO and Instant) and put 24/7 Perps in their place: one Fast challenge from $5,000 to $50,000 with a 10% target, a 3% daily limit, a 5% static maximum loss and an 80% split.
Payouts
Cut the largest single reward per 14-day cycle on Instant crypto accounts from $20,000 to $15,000.
Split
Stopped offering a 90% profit split on Fast crypto accounts, leaving a flat 80%.
Profit target
Dropped, for accounts bought from June 8, 2026, the rule that no single trade or trading idea could make more than 70% of the profit target.
Other
Widened its hedging ban to opposing positions on correlated assets across Propr accounts (long ETH on one, short SOL on another) and to opposing positions at other prop firms.
Account sizes
Capped the evaluation accounts one trader may hold at $200,000 in total, beside the $300,000 cap on funded accounts.
Kyc
Stopped accepting a driver's license for identity checks; a passport or national ID is now required.
Leverage
Raised Bitcoin and Ether from 5x to 10x, gave SOL its own 10x cap (it had been under other crypto at 2x), and raised gold, silver and oil to 8x.
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