$100K
1-Step Challenge
Funded Account
- Where can I locate the login credentials for my trading 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?
- Is There a Max Margin Rule in PropXP?
- 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)
- What are the commissions and swaps in PropXP?
- What is the leverage in PropXP?
- What happens if the dashboard is delayed and I breach “before it updates”?
- Can I modify SL/TP manually if an EA placed the initial SL?
- Platform disruptions (disconnects, freezes, VPS outages): what happens?
- Pending orders around news/weekend: what you must cancel vs can keep
- Do open trades count toward limits (floating PnL)?
- Will I get 100% profit split if my reward is not paid within 24 hours?
- How does PropXP define a profitable day?
- Do performance rewards impact my daily drawdown?
- What are the payment methods available for performance rewards?
- Can I request partial rewards?
- What can reduce/deny a reward?
- What is the minimum reward amount?
- How often can I get paid?
- Must stop trading while a reward request is processing
- What are the eligibility criteria for performance rewards?
- How do performance rewards work (and when you can request them)?
- Can I use add-ons to customize my challenge?
- What is the max allocation in PropXP?
- What payment methods are available?
- Can I reset, retry, or restart a failed account?
- Inactivity: what happens if I don’t trade for 30 days
- Multiple accounts: Can I have more than one?
- Refund policy: when refunds are/aren’t possible
Is news trading allowed? (Challenge vs Funded)
TL;DR
- Challenges: news trading is allowed.
- Funded + Instant Funding: holding/trading through restricted news requires the News Trading Add-On. Without it, there’s a blackout window.
How it works
“Restricted” or “Red News” = high-impact scheduled events (think CPI, NFP, rate decisions, etc.). On common calendars these are marked as high impact / red. To see the news marked in red, use the Economic Calendar page, or the one embedded in your trading platform.
- Challenges: you can open/close trades around news.
- Funded + Instant Funding:
- With News Trading Add-On: you may hold and trade through restricted news.
- Without it: you must be flat 5 minutes before, and you must not open or close trades inside the restricted window (until 5 minutes after the news drops).
Common gotchas
- “It was only a quick scalp”: red news doesn’t care about your hold time.
- “But I didn’t click anything”: pending orders/automation can still execute and they count.
- Spreads can get feral around red news. If you’re near drawdown, you will get burned more likely than not.
- If you’re unsure whether an event is “red”: assume it is, and trade like an adult (or just buy the add-on).
Values table (red news only)
| Program | Red news trading/holding allowed? | If no News Trading add-on |
|---|---|---|
| Challenges (Two-Phase + One-Phase) | Yes | No restriction |
| Funded | Only with News Trading add-on | Must close 5 min before, and no open/close until 5 min after |
| Instant Funding | Only with News Trading add-on | Must close 5 min before, and no open/close until 5 min after |
Example
You’re funded and CPI is at 13:30. If you don’t have the News Trading add-on, you close everything by 13:25 and you don’t open/close anything until 13:35.
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- Static drawdown
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