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General Rules


These rules apply to all Propanium challenges. By purchasing or participating in a challenge, you agree to comply with the requirements below.

Any challenge type may have its own specific rules that will complement or override the general rules.



Program Structure

All programs can be comprised by two types of accounts:

  1. Evaluation account: You must meet the profit target while respecting all risk rules.
  2. Funded account: After verification, you continue trading under the same core risk rules, and after successful completion, you can be eligible for a payout.


Account Activity

Trading account inactivity must not exceed 30 days

In order to avoid failing the challenge, logging in to avoid 30 consecutive days of inactivity is sufficient.



Profit Targets and Payouts

  • Payout
    • The client may apply to receive any portion of the earned payout above the minimum limit. The minimum payout is 15$. In all cases, the account’s payout limit shall be established at 50% of the initial balance.
      • For example, if you seek to earn $10,000 in payouts, a $20,000 challenge can grant it, but a $10,000 challenge cannot.
  • Buffer
    • Every funded account requires reaching a profit buffer before a payout can be claimed. This buffer cannot be withdrawn in any case. By default, the buffer is equivalent to the daily drawdown.
      • For example, a challenge with a 3% daily drawdown limit needs to earn a 3% profit before a payout can be claimed, and if profit reaches 13%, only 10% can be withdrawn.
  • Breach

    A challenge will be marked as failed when hard rules are breached. Hard rules are explicitly displayed in the challenge preview:

    • Maximum drawdown
    • Daily drawdown
    • Special rules specific to the challenge
    • Plus the inactivity rule

    • The Daily drawdown resets at 00:00 UTC+0.



Prohibited Activity

  • Taking advantage of unrealistic prices or trade opportunities is prohibited.
  • Arbitrage and latency trading are prohibited.
  • High-Frequency Trading (sub-second bots) is prohibited.
  • Placing big volumes in one direction or hedging between accounts is prohibited.
  • Order book spamming and flooding the server with messages is prohibited.
  • Risking the capital below the drawdown limits is not allowed (for example, by trading on liquidity gaps with insufficient margin).


Explicitly Allowed Activity

  • Trading on high-impact events (Including the time of the opening of the NYSE) is allowed. However:
    • Opening orders during the 2 minutes before and after an event will be automatically disallowed (All phases).
    • In the funded phase, if more than 50% of your positive PnL comes from orders opened or closed during the 10-minutes before and after a high-impact event, we will consider you a news trader.
    • For a news trader to claim a payout, no event PnL can be greater that half of total positive event PnL (Funded phase).
    • If the market happens to be closed 10 minutes before or during an event, the 10 last minutes of the previous market session will be regarded as the 10 minutes prior to the event.
    • The same rule applies to earnings calls, but these categories do not mingle for the purpose of this rule.
  • Trading during weekends is allowed.
  • Holding positions after the market session ends is allowed. But if more than 50% of PnL comes from overnight sessions, you will be considered an overnight trader, and you'll have to follow a restriction identical to the event traders' to qualify for a payout (Funded phase).
  • Sharing devices and using multiple devices and locations is allowed .


Smart Exit

For accounts created after 18 August, 00:00 UTC

For all new accounts purchased from 18 August at 00:00 UTC, you are free to trade without a Stop Loss if your strategy requires it. Instead, Smart Exit acts as a simpler protection against excessive risk.

  • If the account's floating loss reaches 2%, all open trades will be closed automatically.
  • For Instant accounts, the limit is 1%, and for Boost accounts, it's 1.5%.
  • A Smart Exit is not a breach. Your account stays active and you can continue trading normally.
  • Smart Exit is a safety net, not something a strategy should rely on. For this reason, each activation reduces the profit split by 10 percentage points.
  • The profit split will not fall below 60%, so there are no further penalties once that level is reached.
  • All these points apply to the evaluation and funded phase.


Challenge Family Rules

Each challenge family can have specific rules that complement or override the general rules.

BOOST BOOST_PRIME A one-step challenge where you pass first, and pay later. FLASH FLASH A one-step challenge with a very wide daily drawdown limit. For those who risk more and don't want to wait. INSTANT INSTANT_PRIME Trade with a funded account right away ONE-STEP ONE_STEP_PRIME The classic: one evaluation phase. STARTER CHALLENGE ONE_DOLLAR Trade for as little as 1$. One evaluation phase before a funded account. Payout sum capped at 100$. Available till first payout, one by one. TWO-STEP TWO_STEP_PRIME Two evaluation phases. For disciplined traders. Both phases have the same target.


Enforcement and Corrective Actions

Any systematic abuse of the conditions may result in a corrective warning.

If the behavior outcomes are serious or it continues after warning, all trading decisions and outcomes derived from the behavior specified in the warning may be disregarded or reverted for the purpose of challenge completion, with due notification.

When the behavior is found to have ceased, the trader shall be informed and eligibility shall be restored from that moment onward.

We came up with this system by prioritizing the respect to the trader, and we apply it in the same light.

Contest Rules


  • In a contest, the rules of the underlying challenge continue to apply.
    • For example, a One-Step challenge remains subject to its own rules while participating in a contest.

How winners are decided

A contest winner is determined by profitability.

When the contest ends, traders who have reached the final stage are ranked by profit.

The winners are the traders with a highest profit.

Example for a contest with two prizes:

  • Winner #1: The participant with the highest PnL.
  • Winner #2: The participant with the second highest PnL.

Prizes are distributed in that order. In special circumstances, we may choose an additional winner on top of the existing winners.

In certain contests we may award extra prizes at our own discretion: for the best risk management, for the best comeback, and others.

Important

Collusion and gambling-like patterns will be disregarded for the purpose of ranking the profitability of Free Contest participants.

This is a trading contest, not a lottery. We do not allow any lucky trade strategies to win. We remove any strategies from the leaderboard that we find to be undistinguishable from guesses. Doing the following will not help:

  • Dividing the lucky profit into several trades
  • Obfuscating the origin of the profit with filler trades
  • Collaborating with other participants
  • Arguing that the entry had a good reasoning behind it

Place a stop-loss on all trades so that none of the trades risk more than 2% of your balance. Our cTrader panel has an option to make it very convenient.

Contest winners, we can require your collaboration for publishing the participation's trading stats and trades for the community to see.