Terms & Conditions.
These Terms & Conditions apply to all access and use of the Propsuite platform, website https://propips.uk, and services. By visiting, registering, or using the platform or any associated program, you agree to be bound by these Terms and all policies incorporated by reference.
Overview
These Terms & Conditions ("Terms") apply to all access and use of the Propsuite platform, website https://propips.uk, and services. By visiting, registering, or using the Propsuite website or any associated program, you ("User", "Trader", or "you") agree to be bound by these Terms, as well as all policies, rules, and notices incorporated herein by reference.
Propsuite provides proprietary simulated trading technology and challenge-based evaluation programs for traders in the FX and CFD markets. The platform allows users to participate in structured performance challenges using virtual accounts under predefined rules and trading conditions.
Traders pay an evaluation fee to access these simulated accounts, trade under controlled risk parameters, and, if they meet all performance criteria, become eligible for a simulated funded account where they can earn real payouts based on verified performance.
The Platform does not provide financial advice, investment recommendations, or real trading services involving live funds. All trades take place on simulated accounts that reflect hypothetical results. Any payouts or rewards are based on simulated trading performance and internal calculations of profit share, not from actual financial market gains.
Important Notice
Trader is advised to read these Terms carefully. These Terms include important provisions that may affect Trader's rights, including disclaimers, a force majeure clause, limitations of liability, indemnification obligations, and a dispute resolution clause requiring parties to first attempt an amicable settlement and then submit to the exclusive jurisdiction of the courts in Dubai, UAE.
These Terms also include a waiver of class action rights. Please read them carefully before accessing, registering, participating in any Propsuite program, or using the Platform.
Definitions
Account: The personal user profile created by a trader on the Propsuite Platform, through which access to evaluation programs and funded accounts is managed.
Add-Ons: Optional upgrades that traders can purchase, such as increased profit split or higher leverage, for an additional cost.
Affiliate: An individual or entity that refers new users to Propsuite in exchange for commissions or other benefits, as outlined in separate affiliate terms.
Breach: Any violation of Propsuite's trading rules or Terms, which may result in warnings, account suspension, or termination depending on severity.
Challenge / Evaluation: The simulated trading program offered by Propsuite where users are assessed based on trading performance, risk management, and compliance with trading rules.
Company / Propsuite / We / Us / Our: Propsuite Commercial Broker FZCO, a limited company registered under the laws of Dubai, United Arab Emirates, with its registered office at DSO-IFZA, IFZA Properties, Dubai Silicon Oasis.
Demo Account: The simulated trading environment provided by Propsuite, using virtual funds for evaluation and testing purposes. No real money is traded in a demo account.
Evaluation Fee: The non-refundable payment made by a trader to participate in Propsuite's trading challenges or evaluation programs.
Funded Account: A simulated account provided to a trader after successfully completing the evaluation phase, where the trader's performance determines eligibility for real payout rewards.
KYC: The identity verification process conducted through a trusted third-party service provider, which all traders must complete before receiving a funded account or payout.
Payout: The real cash payment made to traders based on simulated profits earned under funded account conditions, subject to Propsuite's review and approval process.
Platform: Website https://propips.uk, systems, and all associated digital services, software, and interfaces that support trading programs.
Prohibited Practices: Actions that are strictly forbidden, such as hedging, copy trading, latency arbitrage, grid trading, martingale strategies, or trading during restricted news events.
Trading Rules: The mandatory conditions governing evaluation and funded account performance, including profit targets, loss limits, consistency, and prohibited practices.
Website: https://propips.uk, including all pages, features, and associated subdomains.
Acceptance of These Terms & Conditions
By accessing, registering, or using any part of the Propsuite platform, website, or simulated trading programs, you represent that you have read, understood, and agreed to be bound by these Terms and any future updates and additions published on the website.
You confirm that you are of sound mind, at least 18 years of age or the legal age in your jurisdiction, and otherwise competent to form a binding contract with us.
You confirm that all information provided during registration or account setup is true, complete, and accurate to the best of your knowledge, and that your access and participation do not violate any applicable law, regulation, or restriction in your country of residence.
You understand that participation in Propsuite's programs is voluntary and that Propsuite operates simulated trading environments only, with no live trading, investment, or brokerage activity taking place. You also confirm that you have read, understood, and consented to the Disclaimer, Privacy Policy, and Refund Policy.
Eligibility and Registration
You must be at least 18 years old, have full legal capacity to enter binding contracts, and comply with all applicable laws in your country of residence. Propsuite's services are not available to residents or citizens of sanctioned or restricted jurisdictions, including Russia and Vietnam.
You must create an account using a valid email address and password to access Propsuite's programs. All information provided during registration must be accurate, complete, and current. Propsuite does not support registration through social media accounts.
A trader may hold up to three active accounts at a time, with total simulated funding not exceeding $300,000, and must treat each account independently without duplicating trades across them.
Before receiving a funded account or payout, you must complete KYC verification through a trusted third-party service provider. Failure to complete or pass verification will disqualify you from funded programs and payouts.
You are solely responsible for keeping login credentials secure. Sharing or transferring access is prohibited. If no trades are placed within 30 days, the account may be marked inactive and this may be considered a hard breach.
Nature of Services
Propsuite operates as a proprietary trading technology partner that provides access to simulated trading programs designed to assess trader skills, risk management, and consistency through structured evaluations.
All trading within Propsuite programs is entirely simulated. No live trading with real money takes place, and no trades are executed on live markets or through real brokerage accounts. Evaluation and funded phases use demo accounts that mirror live market conditions.
Traders who successfully complete evaluation programs may be offered a funded account that continues to operate on a simulated basis. Payouts made under the funded program are real cash rewards determined by Propsuite's internal calculations based on simulated trading performance.
Propsuite does not provide investment advice, portfolio management, or financial guidance. Participation in any Propsuite program does not constitute employment, investment, or financial services under UAE or international law.
Evaluation Programs and Account Types
Propsuite offers structured simulated trading programs called "Challenges" in One-Phase and Two-Phase formats. Traders participate by purchasing an evaluation plan corresponding to their preferred account size.
The One-Phase Challenge is a single-step program where traders must reach a profit target of 10% while adhering to daily and overall drawdown limits. The daily loss limit is 5% of the prior day's balance, and the maximum drawdown is 6%.
The Two-Phase Challenge consists of two stages. In Step 1, traders must achieve an 8% profit target without exceeding a 5% daily loss or an 8% overall drawdown. In Step 2, the profit target is reduced to 5%, with the same loss limits.
Account sizes may include $5,000, $10,000, $25,000, $50,000, $100,000, or $200,000. Each plan carries a one-time evaluation fee payable upon registration. Pricing is listed on the Propsuite website and may vary by program type.
Optional add-ons may include a 90% profit split upgrade and double leverage, each available at an additional price. Add-ons are non-refundable once applied to an account.
Trading Rules and Restrictions
Traders may trade only Forex and CFD products made available within the simulated environment. Trading any unsupported instrument is prohibited. All evaluations and funded phases are conducted with maximum leverage of 1:50.
At least one trade must be placed every 30 calendar days. Failure to do so constitutes a hard breach and may result in account termination. Each trade must remain open for a minimum of two minutes.
The daily loss limit is 5% of the prior day's closing balance. Breaching this limit at any time, including through open positions, constitutes a violation.
The maximum drawdown for all accounts is fixed at 6% for One-Phase and 8% for Two-Phase programs, calculated on equity. The drawdown is non-trailing in the funded phase.
Traders must maintain a 35% consistency rate during the funded phase, meaning no single trade or day's profit may exceed 35% of total profits intended for withdrawal.
Prohibited conduct includes restricted news trading, Expert Advisors, bots, scripts, automation, hedging, copy trading, latency arbitrage, martingale, grid strategies, system manipulation, multiple account abuse, VPN misuse, and any conduct that undermines fair play.
Propsuite reserves the right to review trading activity before approving payouts or progression to funded phases. Suspicious patterns or breaches may result in account suspension, profit removal, or permanent disqualification.
Account Breaches and Consequences
Propsuite enforces a strict rule-based trading environment. Breaches occur when a trader violates any rule, limit, or restriction outlined in these Terms. Breaches may be categorised as warnings, soft breaches, or hard breaches.
A warning may be issued for minor violations or unintentional errors. Repeated warnings may escalate to a soft breach or account suspension.
A soft breach occurs when a trader violates a rule that impacts ongoing trades but does not warrant full account termination. Open trades may be closed automatically and the account may be reviewed.
A hard breach represents a serious violation such as exceeding maximum drawdown, using EAs, hedging, copy trading, restricted news trading, or exploiting latency. A hard breach results in immediate account termination without refund or eligibility for payout.
Traders who breach rules lose entitlement to profit payouts, evaluation progression, or account continuation. Propsuite may void profits, reset metrics, suspend accounts, or permanently disable accounts at its discretion.
Fees, Payments, Payouts, and Profit Sharing
Traders become eligible for payouts only after successfully completing the evaluation and maintaining an active funded account in full compliance with Propsuite's trading rules.
The first payout may be requested 14 days after the first funded trade, and subsequent payouts can be requested every 14 days thereafter. Each payout request is subject to Propsuite's internal review for compliance with trading, consistency, and risk management rules.
By default, traders retain 80% of approved profits, while Propsuite retains 20%. Traders who purchase the profit split add-on may be eligible for a 90% share.
Profits represent simulated gains achieved within the funded account and are based on hypothetical performance. These profits are not derived from live market trading but represent performance-based rewards.
The minimum payout amount is $100. Payouts follow a bi-weekly cycle and may be processed through bank transfer or cryptocurrency only.
Propsuite may withhold, cancel, or forfeit payouts if a trader violates rules, provides false identity information, engages in prohibited activity, or attempts to manipulate results.
Evaluation fees, setup fees, and add-on charges are final and non-refundable unless required by law or explicitly approved in writing by Propsuite.
User Responsibilities, Conduct, and Prohibited Activities
Users must ensure that registration, KYC, and account details are complete, accurate, and up to date. Providing false or misleading information may lead to suspension or termination.
Accounts are personal and non-transferable. Users must not share, sell, or allow others to use their account. Users must comply with all applicable laws, regulations, and exchange rules.
Prohibited activities include unlawful use, fraudulent conduct, system exploitation, false claims, misuse of trademarks, account sharing, impersonation, data extraction, hacking, reverse engineering, harassment, and any other activity that damages Propsuite or its systems.
Propsuite reserves the right to investigate and monitor user activity. Violations may result in suspension, permanent account termination, forfeiture of profits, or legal action.
Intellectual Property Rights
All intellectual property rights in the Propsuite website, platform, systems, software, and related materials are the exclusive property of Propsuite Commercial Broker FZCO.
Traders are granted a limited, personal, and non-transferable right to access and use the Platform solely for participating in evaluation and funded programs.
Traders must not copy, reproduce, modify, adapt, distribute, sell, license, reverse engineer, data scrape, or otherwise exploit any part of the Platform or its content.
Any feedback, suggestions, or ideas shared with Propsuite become the property of Propsuite upon submission and may be used without credit or compensation.
Allowed Uses of the Website
The Propsuite website and Platform are provided for personal, lawful, and legitimate use only. You may use the website to learn about Propsuite's services, participate in simulated trading programs, and manage your user account in accordance with these Terms.
You may access evaluation and funded programs solely to participate in trading challenges, test strategies, and improve trading discipline within the simulated environment.
You may view, download, or print content from the website for personal informational or educational purposes, provided proprietary notices are retained and the content is not altered, redistributed, or sold.
Prohibited Uses of the Website
You must not use the Propsuite website or Platform for unlawful, fraudulent, deceptive, or unauthorised purposes. You must not create fake accounts, manipulate systems, use unauthorised tools, bypass controls, or attempt unauthorised access.
You must not copy, reverse engineer, scrape, harvest, resell, or commercially exploit Propsuite's website, Platform, data, systems, or content.
You must not engage in prohibited trading conduct, payment fraud, chargebacks, VPN misuse, harassment, abuse, affiliate misrepresentation, disclosure of confidential information, or circumvention of account limits, KYC, trading limits, or funding caps.
Violation may result in suspension, permanent termination, forfeiture of payouts, disqualification from future programs, legal action, or reports to relevant authorities.
Privacy
In order to see what personal and non-personal information we collect and how we use, store, or share it, please refer to the detailed Privacy Policy statement available on our website.
Taxes and Regulatory Compliance
You are solely responsible for complying with all applicable tax laws, reporting requirements, and regulatory obligations in your country of residence.
Propsuite does not provide tax advice, does not act as a withholding agent, and will not deduct or remit taxes on your behalf.
Propsuite operates as a technology and performance-based service provider under the laws of the United Arab Emirates and is not licensed as a broker, financial institution, or investment advisor in any jurisdiction.
Termination and Suspension
Propsuite reserves the right to suspend or terminate any trader's account, evaluation access, or funded status at its sole discretion if there is any violation of these Terms, suspicion of fraudulent activity, or conduct that threatens the integrity of the Platform.
Upon termination, all rights granted to the trader under these Terms immediately cease. The trader will lose access to evaluations, funded accounts, trading data, and payout eligibility.
Propsuite is under no obligation to refund evaluation fees, add-on payments, or pending profits once an account has been terminated due to a rule violation or breach.
Traders may voluntarily close accounts by submitting a written request to support@propsuite.com. Account closure is final and all active programs linked to the account will be permanently deactivated.
Disclaimer
Propsuite provides access to a simulated trading environment designed solely for educational, analytical, and performance-assessment purposes. All trading activity uses virtual funds and does not involve the actual purchase or sale of financial instruments, securities, or currencies.
Nothing on the Propsuite website, dashboard, or in any communications should be considered financial, investment, or trading advice. Propsuite does not recommend any strategy, investment decision, or financial product.
Completion of an evaluation or participation in a funded program does not guarantee any financial return, payout, or continued eligibility. All payouts are discretionary, conditional, and subject to Propsuite's internal verification processes.
Propsuite's funded accounts are not live trading accounts. No real trading capital is ever allocated to traders, and no positions are executed in live financial markets.
Force Majeure
Propsuite Commercial Broker FZCO shall not be held liable or deemed in breach for any delay, failure, or interruption in performance arising from events beyond its reasonable control.
Such events include acts of God, natural disasters, war, terrorism, civil unrest, government actions, power failures, internet or telecommunication breakdowns, cyberattacks, server or hosting outages, or failures of third-party service providers.
During such events, Propsuite's obligations shall be suspended for the duration of the disruption, and the company shall make reasonable efforts to resume operations as soon as practicable.
Limitation of Liability
To the maximum extent permitted by applicable law, Propsuite Commercial Broker FZCO, together with its officers, employees, affiliates, agents, licensors, and service partners, shall not be liable for direct, indirect, incidental, consequential, special, punitive, or exemplary losses arising from use of the Platform or participation in programs.
This exclusion applies to downtime, latency, technical interruptions, third-party failures, simulated trading performance, market data inaccuracies, suspension, disqualification, payout denial, cyber incidents, user negligence, misuse, or reliance on simulated profits as indicative of real financial returns.
Propsuite's total cumulative liability to any user shall not exceed the total amount paid by that user for the specific evaluation program directly giving rise to the claim, except where liability cannot lawfully be excluded or limited.
Indemnification
You agree to fully indemnify, defend, and hold harmless Propsuite Commercial Broker FZCO, its officers, directors, employees, affiliates, licensors, and service providers from losses, liabilities, claims, damages, fines, penalties, costs, and expenses arising from your access to or use of the Platform, breach of these Terms, prohibited conduct, false information, misuse of confidential information, tax failures, or misconduct.
This indemnification obligation remains valid even after termination, suspension, or closure of your account.
Governing Law, Jurisdiction, and Class Action Waiver
This Agreement and any dispute or claim arising out of or relating to participation in Propsuite's programs, use of the platform, website, or services shall be governed by the laws of the United Arab Emirates, as applied within the Emirate of Dubai.
The parties agree that the courts of Dubai, United Arab Emirates, shall have exclusive jurisdiction over any dispute, controversy, or claim arising from or in connection with this Agreement.
Before formal legal proceedings, the Trader must first contact Propsuite at support@propsuite.com with a clear written description of the concern or dispute. Both parties shall make good faith efforts to resolve the matter amicably within 30 days.
To the fullest extent permitted by applicable law, any claim or dispute shall be brought solely in the user's individual capacity and not as part of any class, collective, representative, or group proceeding.
Notices
All notices, requests, or other communications required or permitted under these Terms must be made in writing and delivered by email or another reliable electronic method.
Notices to Propsuite Commercial Broker FZCO shall be sent to support@propsuite.com, and notices to the user shall be sent to the email address provided during registration or updated in account settings.
Propsuite may communicate important updates or changes to these Terms by posting them directly on its website, and such posting shall constitute valid notice to all users.
Miscellaneous Provisions
These Terms are written in English. If a translation is provided, it is for convenience only, and the English version will control if there is any difference in meaning or interpretation.
These Terms are binding upon both you and Propsuite, as well as respective successors, permitted assigns, legal representatives, and heirs where applicable.
Nothing in these Terms creates a partnership, joint venture, agency, employment, or fiduciary relationship between Propsuite and the trader.
If any provision is determined to be unlawful, invalid, or unenforceable, that provision will be removed or limited to the minimum extent required, and the rest of the Terms will remain valid and enforceable.
Any sections intended to continue after termination, including ownership rights, disclaimers, limitations of liability, indemnification, and dispute resolution, will survive after your use of the website ends or your account is closed.
These Terms, together with the Disclaimer, Trader Funded Agreement, Privacy Policy, and Refund Policy, constitute the entire agreement between you and Propsuite.
Updates to These Terms
Propsuite reserves the right to modify, update, or replace these Terms at any time to reflect changes in business operations, regulatory requirements, or service offerings.
Updates take effect immediately upon being posted on Propsuite's official website, unless a later effective date is specified. Continued use of Propsuite's platform or services after updates constitutes acceptance of the revised Terms.
Grievance Officer / Designated Representative
In the event you have any grievance regarding anything related to these Terms, or with any content or service of Propsuite, you may write your concerns to the Grievance Officer / Designated Representative.
Name: Ryan Beasley
Email: support@propsuite.com
We welcome your questions or comments regarding the Terms. You can write to us via email at support@propsuite.com.
Last updated: December 01, 2025.
Questions about the terms?
If you have questions about these Terms & Conditions, your account, eligibility, or platform access, contact Propsuite support using the official support email.