FAQ’s

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.

The timeline for the delivery of your credentials is contingent 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 the KYC. Once these steps are finalised, your credentials will be issued.

We are not a broker; rather, 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.

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. This ensures you can trade freely, without any pressure from time constraints, throughout the evaluation period.

What evaluation models do you offer?

• One‑Phase Evaluation

• Two‑Phase Evaluation

Are evaluation fees one‑time or recurring?

• All fees are one‑time payments.

Can I increase my profit split?

• Yes. Upgrade to 90% profit split with a 10% fee.

Can I double my leverage?

• Yes. FX pairs only, with a 10% fee.

What instruments can I trade?

• FX pairs

• Indices

• Commodities

• Crypto

What leverage is offered?

• FX: 1:50 (up to 1:100 with add‑on)

• Crypto: 1:2

• Indices: 1:10

• Commodities: 1:20

What are commissions?

• $3.50 per side / $7 per round‑turn lot.

Can I hold trades over the weekend?

• Yes.

Are swaps charged?

• Yes. Variable fees apply. Check costs before holding overnight/weekend trades.

Are EAs allowed?

• Yes, if they follow rules:

• Min. 2‑minute hold time

• No grid, martingale, arbitrage, latency, news violations, hedging, or copy trading

Is copy trading allowed?

• No. Even across your own accounts.

• Larger positions = merge accounts (up to max allocation).

Is hedging allowed?

• No.

What are the restrictions?

• No opening/closing trades:

• 5 minutes before

• 5 minutes after

any high‑impact (red‑folder) news event.

• Cannot trade pairs affected by the event.

• If holding trades during news:

• Remove SL/TP, or

• Close before event.

Violations = hard breach.

APPLIES TO BOTH EVALUATION & FUNDED STAGE

Minimum trade duration?

• 2 minutes.

• 1st & 2nd violation = warnings

• 3rd = hard breach

Inactivity rule?

• At least 1 trade every 30 days.

Spreads/slippage violations?

• Not violations unless they cause drawdown/daily loss breach.

• Contact support if abnormal.

Requirements?

• Min. 3 trading days

• Each day must have ≥0.5% profit

• Days don’t need to be consecutive

Two‑Phase Challenge (Static DD)

• Example $100k:

• Max DD = 8%

• Breach = $92k

• Level never changes.

One‑Phase Challenge (Trailing DD)

• Example $100k:

• Max DD = 6%

• Breach = $94k

• Trails upward with equity.

• Example: Equity $110k → breach $104k.

Withdrawals effect?

• Two‑Phase: No change.

• One‑Phase: Buffer remains.

• Example: Equity $110k, DD $104k → withdraw $8k → new breach $96k.

Daily loss rule?

• 5% of previous day’s closing balance.

Balance or equity?

• One‑Phase: Trailing equity‑based

• Two‑Phase: Static equity/balance‑based (Which ever is highest end of day)

One‑Phase rule?

• Max 30% daily profit vs payout period total.

Two‑Phase rule?

• Max 35% daily profit vs payout period total.

Can I merge accounts?

• Yes. Up to 3 accounts, max $300k allocation.

How many funded accounts can I hold?

• Up to 3 funded accounts

• Max $300k total funding

• Extra accounts = on hold until allocation frees.

First payout request?

• 14 days after first funded trade.

How often?

• Every 14 days.

Minimum withdrawal?

• $100 (processing fees).

Methods?

• Crypto

• Bank transfer

• Others by request.

Russia

Vietnam

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 will result in the cancellation of your agreement and the forfeiture of your Qualified Trader Account

You can reach our technical support team through the following channels:

Email: support@propips.uk

Support ticket on our Discord channel

Support ticket directly in the ProPips Dashboard

The ask price represents the cost to purchase a financial instrument, whereas the bid price indicates the value at which you can sell it. The term ‘spread’ refers to the disparity between the ask and bid prices.

Margin is the capital necessary to initiate and sustain a trade, acting as a security deposit. Leverage empowers traders to manage more substantial positions with less capital. Equity reflects the current worth of a trading account, factoring in open trades and their potential gains or losses.

Slippage occurs when the actual execution price of a trade deviates from the expected price due to sudden market fluctuations or delays in order processing. As a result, trades may be executed at prices different from the anticipated levels.