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:
- Evaluation account: You must meet the profit target while respecting all risk rules.
- Funded account: After verification, you continue trading under the same core risk rules, and after successful completion, you can be eligible for a payout.
Prohibited Activity
- Taking advantage of unrealistic prices or trade opportunities is prohibited.
- Arbitrage and latency trading are prohibited.
- High-Frequency Trading (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.
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
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Payout
The client may cash out the earned payout once. In all cases the account’s profit limit shall be established at 50% of the initial balance. For example, if you seek a 10.000$ payout, a 20.000$ challenge can grant it, but a 10.000$ challenge cannot.
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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 and special rules that depend on the challenge. The inactivity rule being breached will also lead to the challenge being marked as failed.
Enforcement and Corrective Actions
Any systematic 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, 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.