FAQs

Everything you need to know.

Before you start trading with ProPips, make sure you’re fully informed. Our complete FAQ hub covers rules, evaluations, payouts, and all the fine print.

Questions & Answers
Clear answers before you begin.
Browse common questions below or visit the full FAQ hub for every detail.
How do I get started with ProPips? +

Register at ProPips. Once you’ve signed up on our dashboard, head to the “+ New Challenge” tab. There, you’ll have the opportunity to purchase evaluations ranging from $5,000 to $200,000.

After completing your evaluation purchase, our system will promptly send your account credentials to your email address.

How long does it take to receive my credentials? +

The timeline for the delivery of your credentials depends on the method used to purchase the evaluation program.

Instant Access: Credentials are provided immediately after the purchase is finalised on our website using a card.

Cryptocurrency Payment: Purchases made with cryptocurrency typically result in credentials being sent within 24 hours, with our team’s expedited processing often reducing this time to just a few hours.

Funded Accounts: It takes between 36 to 96 working hours for compliance validation of funded accounts. Following validation, a contract will be emailed, and you’ll be prompted to complete KYC. Once finalised, your credentials will be issued.

Is ProPips a broker? +

We are not a broker; we operate as a proprietary trading company. Unlike brokers, we do not accept deposits from traders to trade their own funds.

Instead, clients pay for the assessment of their trading strategy. Our focus is on evaluating and partnering with exceptional traders who can effectively manage risk, generate profits, and maintain consistency in the financial markets.

How long does an evaluation last? +

ProPips evaluation accounts offer an open-ended timeline, free from any specific time limits, to meet the trading objectives for each phase.

Whether it takes you a month or a year, you’re granted the flexibility to trade at a pace that suits you best, with no expiration date on the account.

What is ProPips’ policy against gambling in trading? +

We uphold a strict policy against “all or nothing” trading strategies, as they do not align with our methodical approach. We do not support or condone trading methods based on this concept.

Our mission is to partner with outstanding traders who demonstrate an ability to manage risks, achieve consistent profits, and maintain stability in the financial markets.

We categorically disapprove of trades that display “all or nothing” tendencies and reject any strategies dependent on such trading. Participation in these types of activities may result in the cancellation of your agreement and the forfeiture of your Qualified Trader Account.

Trading Conditions
What instruments can I trade? +

You may trade:

  • FX pairs
  • Indices
  • Commodities
  • Crypto
What is the offered leverage? +
  • FX: 1:50, up to 1:100 with the Double Leverage add-on
  • Crypto: 1:2
  • Indices: 1:10
  • Commodities: 1:20
What are the commissions? +

$3.50 per side / $7 per round-turn lot.

Can I hold trades over the weekend? +

Yes. Weekend holding is allowed.

Are swaps charged? +

Yes. Variable swap fees apply. Traders are responsible for checking swap costs before holding trades overnight or over weekends.

EA, Strategy & Trading Style Rules
Are EAs allowed? +

Yes. EAs are allowed as long as they fully follow all trading rules, including:

  • Minimum 2-minute hold time
  • No grid trading
  • No martingale
  • No arbitrage/latency exploitation
  • No news violations
  • No hedging
  • No copy trading
Is copy trading allowed? +

No. Copy trading is not allowed, even across your own accounts.

If you wish to take larger positions, you may merge accounts, up to the maximum allocation.

Is hedging allowed? +

No. Hedging is not allowed, even on the same account.

News Trading Rules
What are the news trading restrictions? +

You may not open or close trades 5 minutes before or 5 minutes after any red-folder/high-impact news event.

You may not trade any currency pair that is affected by the news event.

If holding trades during news, you must:

  • Remove stop-losses and take-profits, or
  • Close the trade before the event

Violations result in a hard breach.

Trading Rules & Limits
What is the minimum trade duration? +

Minimum hold time is 2 minutes.

  • First 2 violations = warnings
  • 3rd violation = hard breach
What is the inactivity rule? +

You must place at least one trade every 30 days, or the account will breach.

Are spreads or slippage violations? +

Spread widening or slippage is not a violation unless it directly causes a drawdown or daily loss breach.

If you feel spreads or slippage were abnormal, contact support via live chat.

Minimum Trading Days — Evaluation Only
What are the minimum trading day requirements for evaluations? +

All evaluations require:

  • A minimum of 3 trading days
  • Each of those days must have at least 0.5% profit

These days do not need to be consecutive. This requirement applies only during evaluations.

Drawdown Rules
How does max drawdown work on the Two-Phase Challenge? +

Two-Phase evaluation uses a static drawdown.

Example on $100,000:

  • Max drawdown = 8%
  • Breach level = $92,000

This level never changes, regardless of profit or withdrawals.

How does max drawdown work on the One-Phase Challenge? +

One-Phase evaluation uses a trailing equity-based drawdown.

Example on $100,000:

  • Max drawdown = 6%
  • Initial breach = $94,000

As equity increases, the drawdown level trails upward.

Example: Equity reaches $110,000 → new breach = $104,000.

How do withdrawals affect drawdown? +

Two-Phase static drawdown: Withdrawals do not change the breach level.

One-Phase trailing drawdown: You keep any remaining buffer you had prior to withdrawal.

Example:

  • Highest equity: $110k
  • Trailing DD locked at: $104k
  • Balance after loss: $108k
  • Withdrawing $8k → balance $100k
  • New breach = $96k
Loss Limits
What is the daily loss rule? +

Daily loss limit = 5% of your previous day’s closing balance.

Are loss limits based on balance or equity? +
  • One-Phase: Trailing equity-based
  • Two-Phase: Static balance-based
Consistency Rules — Funded Accounts
What is the One-Phase consistency rule? +

Maximum 30% daily profit relative to your payout period’s total profits.

What is the Two-Phase consistency rule? +

Maximum 35% daily profit relative to your payout period’s total profits.

These rules ensure stable and repeatable trading performance.

Account Limits & Merging
Can I merge accounts? +

Yes. You can merge up to 3 accounts, with a maximum total allocation of $300,000.

How many funded accounts can I hold? +

You may have:

  • Up to 3 funded accounts
  • Maximum of $300,000 total funding

Additional funded accounts will be placed on hold until allocation is available.

Payouts & Withdrawals
When can I request my first payout? +

14 days after placing your first trade on a funded account.

How often can I request payouts? +

Every 14 days, repeating from the date of your first trade.

What is the minimum withdrawal amount? +

Minimum payout is $100.

What withdrawal methods do you support? +
  • Cryptocurrency
  • RisePay

Other payment methods may be available by request.

General Support & Operations
What should I do if spreads or slippage seem unusual? +

Contact our support team via 24/7 live chat. We will review the case and provide clarification.

Do you provide customer support? +

Yes. 24/7 support is available on:

  • Our main website
  • Your customer dashboard
  • Discord Support Ticket
What happens if I lose connection or power? +

Trades remain active on the server. Traders are responsible for managing open positions.