Q5. How can I become a PropW trader?
Our challenges consist of two phases. By successfully completing both phases, you can become a PropW trader:
Phase 1: In the initial simulation phase, you must demonstrate your trading ability and reach the specified profit target to become eligible for phase 2.
Phase 2: This is the final evaluation phase. You must again verify your trading ability and achieve the required profit target to confirm your readiness as a PropW trader.
PropW Trader: After passing both phases, you will receive a funded simulated account of up to 200,000 USDT, enabling you to start earning based on your performance.
Q6: How many challenge levels are there?
We offer five challenge levels: Starter, Intermediate, Advanced, Expert, and Master, each with its own virtual balance, auditions fee, and profit target.
Q7: What are the challenge rules?
Challenge evaluation is based on the following rules:
Each level has a specified profit target that must be achieved without holding any open positions.
There is no maximum limit on trading days, but a minimum of 5 trading days is required.
Each challenge level has a daily loss limit and a maximum drawdown limit. For either limit exceeded, traders will be disqualified for challenges.
Q8: What will happen if my loss limit is exceeded?
Traders will be disqualified if their maximum drawdown exceeds the limit. Additionally, all positions will be closed if the daily loss limit is breached.
Q9: What will happen if I pass challenge phase 1?
Once you reach the specified profit target in phase 1, you may stop trading, and we will issue a funded simulated account to you within 3 working days.
Q10: When does the trading day reset?
Both the trading day and the daily loss will be reset at 00:00 (UTC+8) daily.