Frequently Asked Questions
Check out our list of questions below or get in touch with our support team at support@propcapital.co
Becoming a funded trader with PropCapital.co is a breeze! Just follow these simple steps to kickstart your journey with our team of funded traders:
- Choose the evaluation account size that suits your trading ambitions.
- Proceed to checkout and complete the payment for your evaluation.
- Once your payment is processed, expect an email containing your account credentials and logins to access the PropCapital.co dashboard.
Please ensure you thoroughly acquaint yourself with the evaluation guidelines before diving in. Should you encounter any uncertainties or queries regarding the rules, don’t hesitate to reach out to our dedicated support team for clarification.
Remember, all funded accounts undergo a mandatory KYC/AML screening process. To ensure smooth processing of your funded account, kindly prepare a valid form of ID and proof of address issued within the last 90 days, should you successfully pass the evaluation phase.
We accept all major credit cards & crypto.
PropCapital.co to now include DXTrade, alongside our existing Platform 4. This strategic addition is part of our continuous efforts to elevate the trading experience for our valued clients.
Important Update for US Clients: 🇺🇸 New US clients can now access DXTrade, alongside platform 4. However, it’s essential to understand that access to our platform 4, including HFT Accounts, will not be available for new clients from the United States. HFT functionality remains exclusive to platform 4 and is not supported on DXTrade.
No Changes for Clients Outside the US: For clients outside the US, rest assured there will be no disruption to your services. You’ll simply have the added option of selecting DXTrade or platform 4 according to your preferences.
Our commitment at PropCapital.co remains unwavering in delivering exceptional value to traders worldwide.
Important Reminders: ✔️ To join PropCapital.co, you must be 18 years or older. ✔️ Due to regulatory requirements, we are unable to offer services to individuals residing in certain countries listed below.
Cuba, Iran, North Korea, Myanmar, Russia (or the Crimea, Donetsk or Luhansk regions of Ukraine), Somalia and Syria.
Please note that services are not extended to individuals on sanction lists, those with criminal records associated with financial crime or terrorism, or those previously prohibited due to contractual breaches, without exceptions.
Each trader has the opportunity to access a maximum capital allocation of $300K.
There are no restrictions on the number of individual accounts you can hold, as long as the cumulative funded capital across all accounts does not surpass $300K.
Please note that this $300K limit can encompass a blend of HFT and standard accounts.
PropCapital.co proudly announces its partnership with Eightcap, offering a diverse array of trading instruments such as Forex, Commodities, and Indices.
Eightcap holds regulatory approval from multiple esteemed governing bodies worldwide, a pivotal consideration for PropCapital.co in selecting strategic partners.
For further details, explore the link below: https://www.eightcap.com/en/trading/
Here’s an overview of the leverage applicable to both HFT and Standard challenges, as well as PropCapital.co accounts:
For HFT:
- Challenges: Leverage capped at 1:30
- ProCapital.co Account: Leverage set at 1:30
For Standard:
- Challenges: Leverage extended up to 1:30
- PropCapital.co Account: Leverage granted up to 1:30
Please note: This leverage structure has been meticulously crafted with a focus on long-term sustainability and prudent risk management for our traders at PropCapital.co.
The maximum lot/order size per pair is restricted to 50 lots at any given time for both HFT and Standard challenges, as well as PropCapital.co accounts.
Please be advised that attempting to execute trades exceeding this specified lot size may result in rejection due to surpassing the permitted leverage limits.
PropCapital.co provides HFT Accounts exclusively on platform 4. You can access through the following link: https://www.eightcap.com/en/trading-platforms/-4/download–4-platform/.
Please note that DXTrade is not compatible with HFT Accounts, as HFT functionality is currently exclusive to Platform 4.
For clients from the United States, regulatory restrictions limit access to Platform 4. Therefore, they can utilise DXTrade but are ineligible for Platform 4 and consequently, HFT Accounts are not accessible to them.
Upon successful completion of payment, you will promptly receive login credentials to access your Challenge Stage. Please remember to check your junk/spam folder as well. If you haven’t received your account details within 10 minutes despite receiving a confirmed purchase notification, please reach out to our dedicated support team for assistance.
Please note that verification accounts may require up to 48 hours for processing. This timeframe allows us to conduct a comprehensive review of the account to ensure compliance and address any potential violations effectively.
Kindly be informed that in adherence to Know Your Customer (KYC) regulations, all trading accounts at PropCapital.co must be registered under the individual’s name. This protocol is crucial for identity verification purposes and guarantees compliance with legal standards.
For any inquiries or assistance, feel free to reach out to us through various channels. You can utilize our contact form, drop us an email, or access our 24/7 Live Chat support. Simply navigate to the contact section on our website to find these options. We’re here to help whenever you need us at PropCapital.co.
For the Challenge, your evaluation period begins upon placing your first trade, including pending orders (even if the trade has not been executed). Please note that if your account remains inactive for more than 30 days, it will be disabled.
The PropCapital.co Standard Evaluation consists of a 1-Stage process: For the challenge you have an unlimited number of calendar days from the date of the first executed trade or pending order.
Challenge: To pass the challenge, you must achieve a profit target of 10%. Once the profit target is met, ensure all open orders are closed. Once funded, there are no further profit targets to meet.
Challenge: To pass the challenge, you must trade a minimum of 10 trading days. A trading day is defined as a new trade placed on separate days, which do not have to be consecutive.
The maximum daily loss/drawdown permitted is 5% of your initial balance from your previous day’s ending balance or equity, whichever is higher. This is recalculated daily at 5:00pm EST server time. For instance, if your initial account balance is $100,000, your max daily loss will be set at 5% ($5,000). Violating this limit will result in an automatic failure/breach of your account.
The maximum overall loss/drawdown permitted is 12% of your initial account balance. For example, if your initial account balance is $100,000, your max overall loss will be set at 12% ($12,000). Violating this limit will result in an automatic failure/breach of your account.
Trading during news events is allowed without any restrictions. However, exercise caution due to increased volatility during such periods.
Traders can hold positions over weekends and place trades if instruments are tradable during weekends.
Using Expert Advisors (EAs) is permitted. Ensure that the EA used does not require changes to your trading or investor password, as this would violate your account.
Prohibited EA’s include:
- High-frequency trading (HFT)
- Latency arbitrage
- Reverse arbitrage
- Hedge arbitrage
- Data feed manipulation
- Tick scalping
- Emulators
- Account management via a third-party copy trader
- Signal trading via a copy trader
Yes, Martingale Strategy is permitted.
No, HFT is not allowed on Standard Accounts.
Hedge Trading, Swing Trading, Scalp Trading, and Copy Trading from personal accounts to PropCapital.co accounts are permitted.
Account Sharing or Sale, High-Frequency Trading (HFT), Collusion Between Users, Hedging Across Multiple Accounts, and Use of a Delayed Data Feed are prohibited.
Upon successfully completing the Evaluation Process, your account will undergo a review by our risk management team. This is to ensure compliance with the terms and conditions of PropCapital.co. Once the final phase is successfully completed, you are required to fulfill your KYC, accessible in the profile section of your trader dashboard. Following KYC approval, we will dispatch the contract and provide you with the login details for your PropCapital.co account within 1-3 business days.
Our standard withdrawal processing times range from 24 to 72 hours. Please note that we do not process withdrawals over weekends. If further investigation is required, processing times may exceed the estimated timeframe mentioned above.
First Payout: Traders become eligible to receive their first payout 30 days after executing their first trade. To qualify for a payout, ensure all positions are closed. Once a withdrawal request is submitted, the account will enter read-only mode. Accounts inactive for more than 30 days will be disabled. To reactivate, contact us via live chat or email to request new account details.
Yes, the minimum withdrawal amount is $100 USD.
No, we do not offer evaluation fee refunds
For PropCapital.co Standard Accounts, traders are eligible for an 80% profit split.
It is your responsibility to manage any taxes payable on your payouts in accordance with your country’s laws and regulations.
Once funded, traders are no longer required to meet any profit targets.
For standard accounts, there are no consistency rule requirements.
A single trade is defined by the decision to execute, regardless of execution variability or modifications made afterward.
There are 10 minimum trading days required.
The maximum daily loss/drawdown permitted is 5% of your initial balance from the previous day’s ending balance or equity, whichever is higher. This is recalculated daily at 5:00 pm EST server time. For example, if your initial account balance is $100,000, your max daily loss will be set at 5% ($5,000). Violating this limit will result in automatic failure/breach of your account.
The maximum overall loss/drawdown permitted is 12% of your initial account balance. For instance, if your initial account balance is $100,000, your max overall loss will be set at 12% ($12,000). Violating this limit will result in automatic failure/breach of your account.
There is currently no scaling plan available.
Yes, you can trade during news events without any restrictions. Note: Exercise extreme caution due to increased volatility around high-impact news events.
Traders can hold positions over weekends and place trades if instruments are tradable during weekends.
Using an Expert Advisor (EA) is permitted. Ensure that the EA used does not require changes to your trading or investor password, as this would violate your account.
Prohibited EA’s include:
- High-frequency trading (HFT)
- Latency arbitrage
- Reverse arbitrage
- Hedge arbitrage
- Data feed manipulation
- Tick scalping
- Emulators
- Account management via a third-party copy trader
- Signal trading via a copy trader
Note: Using an Expert Advisor (EA) is permitted, but using a public or third-party EA may result in duplicated strategies amongst traders, violating our maximum allocation rule.
Yes, the Martingale Strategy is allowed.
No, HFT is not allowed on your PropCapital.co standard account.
Hedge Trading, Swing Trading, Scalp Trading, and Copy Trading from personal accounts to PropCapital.co accounts are permitted.
Account Sharing or Sale, High-Frequency Trading (HFT), Collusion Between Users, Hedging Across Multiple Accounts, and Use of a Delayed Data Feed are prohibited.
During the Challenge, your evaluation period commences immediately upon placing your first trade, which includes any pending orders initiated, even if the trade has not yet been executed.
Please be aware that if your account remains inactive for a period exceeding 30 days, it will be deactivated. This is a standard procedure at PropCapital.co.
The HFT Evaluation at PropCapital.co comprises of one-stage assessment process:
Challenge:
Upon the creation of your account, you will be allotted a period of 30 calendar days to complete this stage. The challenge phase concludes at 5pm EST on the final day of this period.
Challenge
In order to pass, you need to reach a profit target of 10%
Please be advised that upon reaching the profit target, it is mandatory to close all open orders.
Upon becoming a PropCapital.co trader, you are relieved of the obligation to fulfill any profit targets.
Challenge: The HFT challenge now features zero trading days.
Maximum Daily Loss | 5%
At PropCapital.co, we maintain a stringent policy regarding maximum daily loss, capped at 5% of your initial balance from the preceding day’s closing balance or equity (whichever is greater).
Your maximum daily loss is determined based on the higher of your account’s equity or balance. This calculation is recalibrated daily at 5:00pm EST server time.
For example:
- If your initial account balance stands at $100,000, your maximum daily loss limit is set at 5% ($5,000).
- Should your ending day balance or equity (whichever is higher) amount to $102,000, your maximum daily loss limit for the subsequent day would be $97,000.
Please note:
- Profits accrued during the trading day do not impact your daily loss limit equity level and serve as a protective buffer.
Violation of the maximum daily drawdown limit will lead to an automatic breach of your account, resulting in termination of your trading privileges with that account.
Max Overall Loss | 12% The maximum overall loss/drawdown permitted is 12% of your initial account balance. For example, if your initial account balance is $100,000, your maximum daily loss will be set at 12% ($12,000). Consequently, your account equity should never fall below $88,000 at any given time.
NOTE: Breaching the maximum overall loss will lead to an automatic failure/breach of your account, resulting in the inability to continue trading with that account.
For the Challenge stage, you can trade during news without any restrictions. NOTE: Due to increased volatility around high-impact news events, we encourage exercising extreme caution should you choose to trade during these periods.
We allow traders to not only hold their trades over the weekend but also place trades provided that the instruments are tradeable on weekends.
Trading with the use of an Expert Advisor (EA) is permitted. Please ensure that the EA being used does not require you to change your trading or investor password as this would result in an automatic breach/violation of your account. Prohibited EAs include Latency arbitrage, Reverse arbitrage, Hedge arbitrage, Data feed manipulation, Tick scalping, Emulators, Account management via a copy trader belonging to a 3rd party, and Signal trading via a copy trader. NOTE: Using an Expert Advisor (EA) is permitted, however, using a public or third-party EA may result in duplicated strategies amongst traders, therefore violating our maximum allocation rule. By using a public or third-party EA, you run the risk of being denied a funded account.
Yes, the Martingale Strategy is allowed.
Yes, HFT is allowed on HFT accounts for evaluation stages only.
Hedge Trading: Hedging trades is permitted. However, hedging separate accounts against each other (known as Wash Trading) is not permitted and is a direct violation of the PropCapital.co Terms and Conditions. Wash trading is illegal and considered to be fraudulent, as it undermines the integrity of financial markets. Swing Trading: Swing trading is permitted.
NOTE: Holding trades over the weekend and throughout high-impact news events may place your account at risk due to market gaps, a change in market sentiment, unexpected news events, or a lack of liquidity in the market. Scalp Trading: Yes, we allow our traders to scalp their trades. Please ensure any scalp positions you execute you’re using proper risk management as if it were your own live account. Copy Trading: Traders are allowed to copy trades from their personal accounts to any PropCapital.co account (or vice versa). However, you must be able to prove that the account you are copying to or from is under your name and the trades are of your own idea. Traders are not allowed to copy trades to other people’s accounts. This extends to any account management and/or copy trading services. For both evaluation phases and PropCapital.co accounts, any trader that is identified to be using these services will result in the trader’s account being terminated.
Account Sharing or Account Sale: Trading accounts may not be shared or transferred from one owner to another for any purpose. This includes account resale. Such activities are strictly forbidden and will result in immediate termination of the account(s) in violation and a ban from our services as they are in violation of the PropCapital.co Terms of Use. Collusion Between Users: Collusion between users, also referred to as “layering” or “spoofing,” refers to a manipulative trading technique where individuals or a group work together to open multiple accounts with a financial institution and coordinate their trades in the same direction, whether to buy or sell, on a single asset across all accounts. This behavior constitutes market manipulation. Hedging Across Multiple Accounts: Hedging the same asset across multiple accounts by trading in opposite directions (i.e., buy/sell) is not permitted. In actual financial markets, the outcome of this strategy would result in a net profit of zero as the trader is protected from both upward and downward price movements. However, when trading through a prop firm, the trader incurs a loss on one account and generates a profit on the other, leading to risk-free gains. This goes against the principles of real financial markets and is a violation of compliance. Use of a Delayed Data Feed: Using a delayed data feed means receiving market information with a lag, providing an advantage over other traders who have access to real-time market data. This results in an unequal playing field for traders who are relying on accurate, up-to-date information for their trades. Prohibited Trading Summary The strategies listed are the most frequently observed methods used to exploit demo accounts. This is not a comprehensive list, and other practices that violate our trading regulations may also exist. If any account is found to be using unfair strategies or engaging in unrealistic trading, they will not be approved for funding, and funded accounts may be terminated. It is important to note that all trading on our platform must be in compliance with the actual workings of the financial market. We retain the right to investigate and discontinue access to our services for any strategy discovered to be inconsistent with real market conditions. We are looking for skilled traders that have sustainable, consistent trading strategies & incorporate proper risk management.
Upon successfully completing the Evaluation Process (both the Challenge and Verification stages), your account undergoes review by our risk management team to ensure compliance with PropCapital.co’s terms and conditions. After completing the final phase, you’re required to fulfill your KYC (Know Your Customer) requirements, located in your trader dashboard’s profile section. Following KYC approval, we’ll dispatch the contract and provide your PropCapital.co account logins within 1-3 business days.
Withdrawals are typically processed within 24 to 72 hours. Please note that we do not process withdrawals over weekends. If further investigation is required for the account, processing times may exceed the estimated duration.
Your withdrawal period begins upon placing your first trade, including pending orders. Withdrawals are allowed every 30 calendar days. After your first successful withdrawal you can request withdrawals every 14 calendar days. Minimum Withdrawal Amount apply
The minimum withdrawal amount is $100 USD.
No, we do not offer evaluation fee refunds.
For HFT Accounts, the profit split and cap are as follows: Month 1: 60% profit split with a 5% profit cap. Month 2: 70% profit split with a 5% profit cap. Month 3: 80% profit split with a 5% profit cap. From Month 4 onwards: 80% profit split with no profit cap.
A 5% profit cap is enforced for the first 3 successful payouts. Any profit exceeding the cap will not be counted. The profit split is then deducted from the remaining amount for withdrawal.
Once funded, there are no specific profit targets to meet.
For HFT accounts, a minimum of 10 trading days is required.
The maximum daily loss is 5% of the previous day’s ending balance or equity (whichever is higher), recalculated daily at 5:00pm EST server time.
The maximum overall loss is 12% of the initial account balance.
There is currently no scaling plan available.
Yes, trading during news events is permitted. Exercise caution due to increased volatility during such periods.
Traders can hold positions over weekends and place trades if instruments are tradable during weekends.
EA trading is permitted, provided EAs do not require changes to trading or investor passwords. Prohibited EAs include HFT, arbitrage, latency arbitrage, reverse arbitrage, hedge arbitrage, data feed manipulation, tick scalping, emulators, account management via a third-party copy trader, and signal trading via a copy trader.
Yes, Martingale Strategy is allowed.
No, HFT is not permitted on funded accounts.
Hedge trading, swing trading, scalp trading, and copy trading from personal accounts to PropCapital.co accounts are allowed.
Account sharing or sale, HFT, collusion between users, hedging across multiple accounts, and use of a delayed data feed are prohibited.
During the Trading Period, the Profit Consistency Rule governs all trading activities. Compliance entails ensuring that no individual trade exceeds 25% of your overall Required Return or total Target Return. Furthermore, no trading day should account for more than 50% of your total return.
Additionally, the Lot Size Consistency Rule applies to all trading activities during the Trading Period. To meet the requirements of this rule, your average trade size is utilized to determine your trading range. This range is calculated by adding 100% to your average trade size to establish the maximum value and subtracting 75% to determine the minimum value.
It’s important to note that trades placed within a 30-second window are aggregated into one position for both profit and volume consistency purposes.
What is a Single Trade in Trading? A single trade refers to a transaction defined by how it is carried out and any alterations made afterwards that do not alter its fundamental nature as one distinct operation. How is Execution Consistency Maintained? Whether a trade is carried out in one full portion (for example, one lot) or broken down into smaller parts (like two segments of 0.5 lots each), it is considered a single trade if these parts are executed within a span of 30 seconds. How Does Our Trading Program Work? Our trading program is engineered to identify such trading activities, with the capability to ascertain if a trade—regardless of it being split up or executed in pieces—originates from a single, cohesive decision.
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