Funded Account
- What is the dashboard update frequency and what counts as “official”?
- Does PropXP have a time limit to pass?
- How do I log in to MT5 (server, password, “invalid account” fixes)?
- How fast do I get my account credentials after payment?
- Which program should I choose (Two-Phase vs One-Phase vs Instant Funding)?
- What is PropXP (and is it simulated or live trading)?
- What happens when I pass a Challenge?
- How long before I receive my Funded Account?
- Is the consistency rule measured per phase or across both
- Do open trades carry into phase 2?
- Do limits reset between phases?
- Can I pass/claim with “one big day” (speedrun attempts)?
- How does the Consistency Rule work in PropXP?
- Is there a minimum trading days rule?
- How do profit targets work (balance vs equity)?
- What does “must be flat” mean?
- What is the 1% max floating loss rule?
- Slippage & micro-breaches: “I only went over by $0.01”
- Do spreads/commissions/swaps count toward drawdown?
- What time does the trading day reset (timezone) and why it matters
- What is Max Loss (overall drawdown) and is it static or trailing?
- What is Max Daily Loss (daily drawdown) and how is it calculated?
- Market close, holidays, early closes: do rules change?
- Crypto weekend trading: is it treated differently?
- Weekend holding: Allowed? (and what the Weekend Add-on changes)
- Overnight holding: allowed?
- News restricted window: what exactly is blocked (including pending orders)
- What are the consequences of trading restricted news?
- What is the exact definition of “red news” and what is restricted?
- Is news trading allowed? (Challenge vs Funded)
- Is scalping allowed in PropXP?
- Is There a Minimum Holding Time
- Gap trading: What’s allowed vs “holding into close to exploit reopen”
- HFT / latency arb / external feed / system error exploitation: definitions
- Hedging & correlation hedging: what it means (plain English) + examples
- Martingale / grid: allowed, restricted, or “depends how you use it”?
- Third-party access: can someone “help manage” my account?
- Trade copying: what’s allowed vs forbidden
- Are EAs allowed? (what’s OK vs what gets you flagged)
How long before I receive my Funded Account?
TL;DR
You will usually receive your Funded Account within 1 business day.
- If KYC is required, it is usually issued within 1 business day after your KYC is approved.
- If your KYC is already valid, it is usually issued within 1 business day after your challenge results review.
How it works
Getting a Funded Account is not “instant the second you hit the target.” There is a short review flow first.
Standard process
Timing by scenario
Common gotchas
- Passing the Challenge does not automatically mean your Funded Account appears instantly.
- The Challenge must still go through results review.
- KYC is typically only needed for the first Funded Account, but PropXP may request verification whenever needed for compliance or security reasons.
- If your KYC documents are incomplete, blurry, expired, or don’t match your account details, the process can take longer.
- “Business day” means a working day, not weekends or public holidays.
Example
You pass your One-Phase Challenge on Monday.
- If your KYC is already valid, your passed account is reviewed and your Funded Account is usually issued within 1 business day after that review.
- If you still need to complete KYC, you send the required documents, the team approves them, and your Funded Account is usually issued within 1 business day from KYC approval.
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- Static drawdown
- Up to $400,000 in PropXP accounts
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