$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
What is the leverage in PropXP?
TL;DR
PropXP leverage is asset-class based, not “one number for everything.”
FX has higher leverage on challenge accounts, while Funded Accounts and Instant Funding use lower FX leverage. Most other asset classes stay the same across account types.
How it works
Leverage depends on what you trade and, for FX, also on what type of account you have.
Leverage table
Common gotchas
- FX leverage is not the same on every account type. Challenges get 1:100, while Funded Accounts and Instant Funding get 1:50.
- Higher leverage does not mean “more room to gamble.” It just means lower margin required per position. Your drawdown rules still apply exactly the same.
- If your margin usage looks reckless or “YOLO-tier,” the risk team may review the account. In other words: just because you can size up doesn’t mean you should.
- Leverage affects margin, not your daily/max loss limits. Those are still based on equity.
Example
You open the same FX position on two accounts:
- On a Challenge, FX leverage is 1:100, so the margin required is lower.
- On a Funded Account or Instant Funding, FX leverage is 1:50, so the same trade uses more margin.
Same instrument, same position size, different margin requirement.
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- Static drawdown
- Up to $400,000 in PropXP accounts
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