Prop trading firms, also called proprietary trading companies, use complex financial strategies. They use them to make money from market activity. Traditional investment services trade client assets. In contrast, prop trading firms use their capital. This ties their success to market performance. This approach incentivizes prop traders. It encourages them to use smart risk management and clever trading tactics. The firm itself has all the financial stakes.

The process is simple and takes less than three minutes. The first step is to register. And no passing KYC rules are needed. You need to put in the general info, like your first and last name. The second step is to select the challenge and make the payment.

All traders with successful trading strategies and a high level of risk management.

To improve the client experience, we've made a decentralized platform. You do not need to pass KYC steps and there are no hidden rules, and you won't need to pass any KYC at any stage.

Each customer can have one active account of each type of balance, for example, they can have an active account of 5 thousand dollars and an active account of 10 thousand dollars, and it is not possible to have two accounts with the same balance, and the limit of funds received for each customer is 100 It is a thousand dollars. If a subscriber in any way intends to take an account that exceeds the mentioned limit, the company has the right to block all the subscriber's accounts according to the laws.

There are no geographical restrictions on Prop services.

We track trading behavior and logins. We do this to detect and prevent violations of our terms and conditions. This will help us ensure compliance, even without a static IP address. This keeps our trading platform honest. It protects the interests of all traders.

• More info in this regard:

https://propification.com/partners/

If you commit a major violation, we will cancel your account. Another way to do this is to submit your request by raising a ticket.

When you pay the fee for the challenge, we'll email you the account information. We'll do this within three minutes at most.

The daily drawdown of two-phase evaluation accounts is 5%, calculated based on the balance at the beginning of the day.

For instance, the initial balance of the day is 10k$ the drawdown of the trader is 500$ and the equity or balance should not reach 9500$.

If the balance is 10k$ and the equity is 10.3k$ drawdown will be calculated based on the balance of 10k$ and it's 9500$.

Imagine if the balance is 10k$ and the equity is 9800$ then the daily drawdown 9500$.

The 00:00 according to the London time zone set in the analysis panel, is 04:00 a.m. in the first half of the year and 03:00 a.m. in the second half, according to Iran's time zone.

In the two-phase evaluation challenge, the total drawdown is 12%.

For instance, for 10k$ two-phase evaluation challenge which has 12% total drawdown for not reaching the total drawdown the balance and equity should not reach to 8800$.

Kindly note that in case of reaching both daily and total drawdowns (whether balance or equity), it is counted as a violation and the account will be canceled.

No, The traders accept that during a challenge their trading behavior must be consistent and have a working strategy including but not limited to volume size, risk to reward ratio, time in the market, and win ratio. It is important to indicate good and consistent trading strategies as there is no time limit or expiry on the account. Therefore, there is a minimum 5 trading days requirement to pass each phase. For example, if previous daily trading volume is approximately 5 lots, average time in market is 30 minutes, it is expected that trader continue with same logics and strategy.

Please note that opening and closing trades thoughtlessly and randomly is not accepted and not counted towards Minimum Trading Days.

Yes.

Yes, the daily drawdown is 5%.

This rule applies in the second and live phase.

According to this rule, traders must not take risks or lose more than 2% in one or several trading positions of an instrument.

Of course, in the accounts of 50K and 100K, the amount of risk per symbol is 1%. In this rule, the trader is allowed to risk two percent of the account balance (Equity) at the moment of opening the position in each symbol. Note that this amount is 1% for accounts with 50,000 and 100,000 dollars.

So the numerical amount of these two percentages will increase and decrease according to the account balance:

For example, in the account balance of $10,000, $200 is allowed to risk per symbol, or in the account balance of $9,000, $180 is allowed to risk.

Based on this, the trader can divide this amount of risk (open loss in each symbol) in one position or the sum of several positions in one symbol.

No. Once you've reached the target and met the trading days and consistency rules, you need to raise a ticket.

None of the trading phases have time limitations, that's why you won't need to reset your balance.

You can check your trades in the history section of MT5. To track rule violations, refer to your dashboard.

If there is any major violation, we'll cancel your account and you'll lose the profit.

Any inactivity for more than 30 days will lead to account closure.

In all phases, we will calculate all commissions and swaps based on the volume of the trade.

Funded traders can request to become Senior Trader, which allows them to daily withdrawal (min 1% of profit), and refund for their challenge. To qualify for Senior trader in funded account/real account:

• Minimum 15 trading days

• Minimum 3 withdrawals

• Minimum 15% total profit

• Do not exceed 3% daily Drawdown

Tether automates the entire process. The Tether network for all transactions is TRC-20 and BEP-20. Please note that we've based all transactions on supported networks.

The platform won't take commission; you only pay blockchain fees.

There is no maximum withdrawal amount in this regard.

The average processing time is 2 hours during working hours.

You need to apply for the withdrawal via the panel and the minimum amount is $100.

You can see the calculation via the following link:

https://propification.com/partners/

When you reach the real phase, the minimum amount of profit that you need to make to withdraw it is 1%. The profit split is 90 to 10, which means that if you make $500, your share will be $450, and $50 belongs to the platform.

You can submit your withdrawal request every 15 days once you reach the minimum amount of profit and all the requests will be processed on the same day.

MetaTrader 5, developed by MetaQuotes.

Forex, Metals, Indices, Commodities, Crypto.

Hedging one trading symbol or one trading account is not counted as a violation; but hedging in trading pairs that have a positive or negative correlation is counted as a violation, either in one trading account or in several trading accounts with different profiles.

For instance, AUD and NZD have a positive correlation; and in currency pairs their opposite side is the same hedging cannot be applied such as:

AUD/USD. NZD/USD

AUD/JPY. NZD/JPY

You can't open a buy position in AUDUSD and open a sell position in NZDUSD at the same time and vice versa.

You need to raise a ticket.

You can use Expert Advisors, Trading Bots, or similar automated tools. However, you need prior approval. Yet, traders must submit these tools to our support team. This is to ensure compatibility and compliance. The team will test and review them before they're used. And applying Stop Loss is not mandatory.

Aron Groups Broker is now providing the accounts. The number of partners may grow over time.

Copy trading is not allowed. We want skilled and profitable traders to fund.

Commission (% per million USD)

FX: 0.0014%

METALS: 0.0014%

INDICES: 0.0014%

COMMODITIES: 0.0014%

CRYPTO: 0.05%

The commissions on the Propification platform depend on the value of the trades. The commission is a percentage of the trade's value. It depends on the type of symbol or market and the type of account.

The formula regarding the calculation of the value of the trade is as follows:

Trade volume (lot) × contract size × trading price of instruments.

The formula regarding the calculation of commission for each side of the trade is as follows:

The value of the trade x broker commission percentage is based on symbol and account type.

Kindly note that commissions are deducted from both sides of the trade, i.e. both the opening and closing of the trading position.

You can also check the commission percentage of the platform according to the type of symbol or market:

(Specifications < commissions).

Kindly note that all the following calculation are approximate and for more accurate result you need to check it with price of the real time.

• Metal: (GOLD)

1*100*2338=233800

233800*0.0014%=3.27$

3.27*2=6.54

• Indices: (NASDAQ)

1*10*18747=187470

187470*0.0014%=2.62$

2.62*2=5.24

• FX: (EUR/USD)

1*100000*1.0842=108420

108420*0.0014%=1.51$

1.51*2=3.03

• Commodities: (BRN)

1*1000*81.61=81610

81610*0.0014%=1.14$

1.14*2=2.28$

• CRYPTO: (ETH)

1*10*3723=37230

37230*0.05%=18.61$

18.61*2=37.23$