Trading Challenge Rules
These rules apply to all Propanium challenges. By purchasing or participating in a challenge, you agree to comply with the requirements below.
Program Structure
The program consists of two phases:
- Phase 1 — Verification: You must meet the profit target while respecting all risk rules.
- Phase 2 — Funded: After verification, you continue trading under the same core risk rules.
Minimum trading days: None.
Risk and Trade Management
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Daily DD
Your drawdown may not exceed 5% from the start of the trading day (UTC timezone).
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Max DD
Your total drawdown may never exceed 10% of the starting balance.
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Stops
All orders must have a Stop Loss.
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Risk / Trade
Risk per trade must be less than 10% of the current balance.
Prohibited Activity
- Arbitrage is prohibited.
- Automated trading (bots) is prohibited.
- Placing big volumes in one direction or hedging between accounts is prohibited.
Account Activity
Trading account inactivity must not exceed 30 days.
Profit Targets and Payouts
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Target
Phase 1 (Verification) target profit is 15%. Phase 2 (Funded) target profit is 15%.
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Payout
The client may cash out earned payout (90% of profit) once. In all cases the account’s profit limit shall be established at 50% of the initial balance.
Enforcement and Corrective Actions
Any abuse of the conditions may result in a corrective warning.
If the behavior continues after warning, all trading decisions and outcomes made from the time of the warning may be disregarded for the purpose of challenge completion.
When the behavior is found to have ceased, the trader shall be informed and eligibility shall be restored from that moment onward.