What is prop trading?

In today's reality, "getting a funded account" is one of the easiest aspects of trading. Most people have already heard of prop firms that provide traders with capital ranging from $5,000 to $500,000 to manage.

This is the perfect solution for traders who don't have the desired deposit to trade at sufficient volume.

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The First Stage — “The Challenge”

To receive funding, a trader must pass a challenge — essentially a skills assessment.

Stage One:

You need to make +8% on your trading account.

Stage Two:

To pass the second stage, you must make +5%.

After successfully completing both stages, you are granted access to a funded account.

But is it really that simple?

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What’s the problem?

The main issue for most traders is the wrong mindset.

The phrase, “It’s just 8%, then 5%, I’ll do it quickly” has ruined many traders.

In most cases, it's the lack of self-control, discipline, and trading without a system that leads to failure.

The reasons:

• fear,
• greed,
• anger,
• the desire to “rush through” quickly.

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How does the prop trading challenge work?

1. Purchase:

You pay for access to the challenge.
The price depends on the account size: 

• $100 for a $10,000 account
• $500–$1,000 for a $100,000 account

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‍2. Registration:

After payment, you get access to a MetaTrader 4/5 terminal.

3. Phase one: First Challenge Stage

• Duration: 30 days (starts from the first trade)
• Target: +8% profit
• Daily drawdown limit: 5%
• Total drawdown limit for the phase: 11%

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4. Phase two: Second Challenge Stage

• Duration: 60 days
• Target: +5% profit
• Daily drawdown limit: 5%
• Total drawdown limit for the phase: 11%

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What about payouts?

After successfully completing both phases, you become a Funded Trader:

• You receive documents to sign
• After signing — you gain access to a Live account
• Payouts every 2 weeks
• Formats: Bank account or cryptocurrency
• Split: 85/15 in favor of the trader

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Common mistakes during the challenge

Despite clear rules, most traders fail. Why?

1. Trading without a strategy

‍The trader jumps into every move they see, without a plan. As a result:

• mental chaos,
• emotional decisions,
• trading turns into gambling.

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Having a trading strategy is a must.

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‍2. Ignoring the trade journal

By logging your trades, you:

• identify your mistakes,
• understand your strengths and weaknesses,
• optimize your strategy.

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3. Lack of discipline

A trader who lacks self-control quickly blows the account. Frequent mistakes:

• emotional trades,
• breaking system rules,
• trying to “win it back.”

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Especially dangerous — exceeding the 5% daily risk limit.

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4. Poor risk management

You must have clear boundaries:

• risk per trade,
• risk per day,
• risk per month.

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Goal #1 — preserve capital, only then grow it. Breaking risk management = failed challenge.

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How do we help you get funded?

Our training system is built to address every trader’s pain point.

We provide:

• An optimized trading strategy with proven long-term results
• A trade journal template for logging and analysis
• Feedback from mentors

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We don’t just show you how, we explain why it works.