Trade with static drawdown on MT5 and earn up to 95% in performance rewards.

Rules

This is your complete guide to PropXP’s proprietary trading rules. Whether you’re completing a challenge or managing a funded demo account, these rules are designed to help you trade responsibly, stay compliant, control risk, and grow your capital with confidence.

Are traders allowed to keep positions open overnight or through weekends?
What conditions must be met to pass the One-Step evaluation in terms of account growth?
What limits apply to how much the account can decline overall?
Which trading styles or tools are permitted for this challenge (manual, EA, HFT, copy trading)?
Is trading during major economic news announcements allowed?
Is there a cap on how much the account may lose within a single trading day?
Does the challenge require a certain number of active trading days to complete?
Consistency rule + “how to fix it"
Are there restrictions on leverage, margin usage, or exposure levels?
What specific actions or breaches will cause a failure of the One-Step challenge?

Are traders allowed to keep positions open overnight or through weekends?

Yes. Overnight holding is permitted, and weekend holding is available as an optional add-on.

Without the weekend add-on, positions must be closed before the market closes on Friday.

What conditions must be met to pass the One-Step evaluation in terms of account growth?

To complete the One-Step Challenge successfully, the trader must reach a 10% profit target while respecting all risk limits and maintaining at least three real trading days.

What limits apply to how much the account can decline overall?

The One-Step Challenge uses a static maximum loss limit of 6%. If the account equity or balance ever falls 6% below its starting value, the challenge is failed

Which trading styles or tools are permitted for this challenge (manual, EA, HFT, copy trading)?

PropXP allows a wide range of strategies, including manual trading, scalping and martingale.

The following are not allowed:

  • High-frequency trading (HFT)
  • Hedging
  • EAs
  • Correlation hedging
  • Group trading
  • Copy trading is permitted only between a trader’s own PropXP accounts.

Is trading during major economic news announcements allowed?

Yes. News trading is fully allowed during the challenge, including entering positions around high-impact releases.

Holding positions through news is also allowed.

News Add-On Allows you to hold trades through high-impact (red) news events when funded. Without this add-on, funded traders must close positions 5 minutes before and cannot open or close positions until 5 minutes after a red news event.

Is there a cap on how much the account may lose within a single trading day?

Yes. The One-Step Challenge enforces a 3% daily loss limit, calculated based on equity. If the trader’s equity drops more than 3% from the previous day’s starting point, the account breaches.

Does the challenge require a certain number of active trading days to complete?

No, there is no minimum trading days requirement. However all accounts have a 40% consistency rule, so you will need at least 3 trading days in order to pass a challenge phase or claim a performance reward.

Consistency rule + “how to fix it”

PropXP applies a 40% consistency rule to all its challenges and funded accounts.

  • Daily gain cannot be more than 40% of your total profits (in the phase you are in).
  • Exceeding the consistency rule doesn’t fail you — but increases the required target and requires you to continue trading until you reach it.

How to avoid issues: Split performance across days, taper size after strong sessions, and don’t try to “win the phase” in one trade.

Lay man talk and real life example

If your total profit is $9,000, your best day's profit cannot be more than $3,600. Exceeding this would add the excess to your target rather than speeding completion

If you meet all challenge requirements except the consistency rule, you will not fail your challenge. You can keep trading profitably until you lower the consistency percentage to the correct value.

If you meet all performance reward requirements except the consistency rule, you will not be able to request a reward until you have lowered the consistency percentage to the correct. You must continue trading profitably to do so.

Practical example of consistency rule

You have a $100,000 challenge. Your profit target is $10,000 and the consistency rule is 40%. If you profit more than $4,000 in one day you will not pass your challenge once you reach a balance of $110,000.

For instance:

  • You make $1,000 on your first day
  • You make $3,000 on your second day
  • You make $6,000 on your third day

You have reached your profit target, but your best day of $6,000 is 60% of your total profits (not 40%), so you need to keep trading:

  • Your new objective is to reach a total profit of $15,000 (so make $5,000 more) without earning more than $6,000 in a single day. This is because $6,000 is 40% of $15,000.

If you do this, you will pass your account phase or be able to claim a performance reward.

Note about your dashboard: Your PropXP dashboard is updated on average every 30 minutes. This means that when you close a trade, you might have to wait some time before it reflects on your consistency rule percentage.

Are there restrictions on leverage, margin usage, or exposure levels?

Yes. Challenge accounts operate under the following asset-class leverage settings:

  • FX: 1:100
  • Metals: 1:25
  • Indices: 1:25
  • Cryptos: 1:2
  • Stocks: 1:10

There is no cap on the number of open lots or positions in the One-Step Challenge.

What specific actions or breaches will cause a failure of the One-Step challenge?

The challenge ends immediately if any of the following occur:

  • Exceeding the 3% daily loss limit (equity-based)
  • Exceeding the 6% total loss limit (static)
  • Violating max-risk-per-trade rules
  • Engaging in HFT, hedging, correlation hedging, group trading, or unauthorized copy trading
  • Using external accounts for copy trading
  • Holding weekends without the weekend add-on

All breaches are treated as hard breaches, meaning the account is failed instantly.

What types of trading methods are acceptable during Phase 1?
Is there any restriction on trading around major news releases?
What is the permitted total drawdown limit throughout Phase 1?
Are overnight and weekend positions allowed in this stage?
Is there a required number of trading days to complete Phase 1?
How much daily loss is permitted before Phase 1 is considered failed?
What is the profit objective traders need to meet in Phase 1?
Are there any rules regarding leverage, margin usage, or maximum exposure?
What behaviors or violations lead to an automatic failure in Phase 1?
What daily loss limit applies during Phase 2?
Are traders allowed to trade during high-impact news events in Phase 2?
What are the rules regarding holding positions overnight or over the weekend?
What actions will result in a Phase 2 disqualification?
Are there limits on exposure, margin allocation, or leverage usage during Phase 2?
What is the required profit target to successfully pass Phase 2?
Consistency rule + “how to fix it"
Is there a minimum number of trading days that must be completed in Phase 2?
What is the maximum drawdown the account may reach in this phase?
Are automated systems, EAs, HFT, or copy strategies permitted in Phase 2?

What types of trading methods are acceptable during Phase 1?

Traders may use manual strategies, scalping approaches and martingale systems.

The following methods are not permitted:

  • High-frequency trading (HFT)
  • EAs
  • Hedging or correlation hedging
  • Group trading
  • Copy trading from external accounts

Copy trading is only allowed between a trader’s own PropXP accounts.

Is there any restriction on trading around major news releases?

Yes. News trading is fully allowed during the challenge, including entering positions around high-impact releases.

Holding positions through news is also allowed.

News Add-On Allows you to hold trades through high-impact (red) news events when funded. Without this add-on, funded traders must close positions 5 minutes before and cannot open or close positions until 5 minutes after a red news event.

What is the permitted total drawdown limit throughout Phase 1?

Phase 1 has a static maximum loss limit of 10%.

If the account equity or balance falls 10% below its starting balance, Phase 1 ends immediately.

Are overnight and weekend positions allowed in this stage?

  • Overnight holding is allowed
  • Weekend holding is available only through a weekend add-on
  • Without the add-on, positions must be closed before market close on Friday.

Is there a required number of trading days to complete Phase 1?

Yes. Traders must complete at least three real trading days before they can pass Phase 1.

How much daily loss is permitted before Phase 1 is considered failed?

Phase 1 uses a 5% daily loss limit, calculated based on equity at the start of the trading day. Exceeding this threshold results in a hard breach.

What is the profit objective traders need to meet in Phase 1?

To complete Phase 1, traders must achieve a 10% profit target, stay within the 40% consistency rule, and follow all risk limits.

Are there any rules regarding leverage, margin usage, or maximum exposure?

Yes. All Phase 1 accounts use PropXP’s standardized leverage requirements:

  • FX: 1:100
  • Metals: 1:25
  • Indices: 1:25
  • Cryptos: 1:2
  • Stocks: 1:10

There is no limit on the number of open lots or active positions.

What behaviors or violations lead to an automatic failure in Phase 1?

Any of the following results in an immediate hard breach:

  • Exceeding 5% daily drawdown
  • Exceeding 10% total drawdown
  • Using prohibited trading styles (HFT, hedging, correlation hedging, group trading)
  • Unauthorized copy trading
  • Holding through the weekend without the add-on

All violations end the evaluation instantly.

What daily loss limit applies during Phase 2?

Phase 2 also uses a 5% daily loss limit, based on the account’s equity at the start of the trading day.

Are traders allowed to trade during high-impact news events in Phase 2?

Yes. News trading is allowed, and traders may also hold positions through impactful economic announcements.

What are the rules regarding holding positions overnight or over the weekend?

  • Overnight holding is allowed
  • Weekend holding requires a weekend add-on
  • Without the add-on, all trades must be closed before the weekend.

What actions will result in a Phase 2 disqualification?

A Phase 2 evaluation will end immediately if the trader:

  • Breaks the daily drawdown limit
  • Breaks the overall drawdown limit
  • Engages in HFT, hedging, correlation hedging, group trading
  • Performs external copy trading
  • Holds weekends without a weekend add-on

All violations are treated as hard breaches.

Are there limits on exposure, margin allocation, or leverage usage during Phase 2?

Yes — leverage remains the same as Phase 1:

  • FX: 1:100
  • Metals: 1:25
  • Indices: 1:25
  • Cryptos: 1:2
  • Stocks: 1:10

And again, no limit on open positions.

What is the required profit target to successfully pass Phase 2?

To complete Phase 2, the trader must reach a 5% profit target, respecting all risk limits and completing at least three real trading days.

Consistency rule + “how to fix it”

PropXP applies a 40% consistency rule to all its challenges and funded accounts.

  • Daily gain cannot be more than 40% of your total profits (in the phase you are in).
  • Exceeding the consistency rule doesn’t fail you — but increases the required target and requires you to continue trading until you reach it.

How to avoid issues: Split performance across days, taper size after strong sessions, and don’t try to “win the phase” in one trade.

Lay man talk and real life example

If your total profit is $9,000, your best day's profit cannot be more than $3,600. Exceeding this would add the excess to your target rather than speeding completion

If you meet all challenge requirements except the consistency rule, you will not fail your challenge. You can keep trading profitably until you lower the consistency percentage to the correct value.

If you meet all performance reward requirements except the consistency rule, you will not be able to request a reward until you have lowered the consistency percentage to the correct. You must continue trading profitably to do so.

Practical example of consistency rule

You have a $100,000 challenge. Your profit target is $10,000 and the consistency rule is 40%. If you profit more than $4,000 in one day you will not pass your challenge once you reach a balance of $110,000.

For instance:

  • You make $1,000 on your first day
  • You make $3,000 on your second day
  • You make $6,000 on your third day

You have reached your profit target, but your best day of $6,000 is 60% of your total profits (not 40%), so you need to keep trading:

  • Your new objective is to reach a total profit of $15,000 (so make $5,000 more) without earning more than $6,000 in a single day. This is because $6,000 is 40% of $15,000.

If you do this, you will pass your account phase or be able to claim a performance reward.

Note about your dashboard: Your PropXP dashboard is updated on average every 30 minutes. This means that when you close a trade, you might have to wait some time before it reflects on your consistency rule percentage.

Is there a minimum number of trading days that must be completed in Phase 2?

No, but like all PropXP accounts a consistency rule of 40% applies, so mathematically you need minimum 3 trading days to pass the challenge phase.

What is the maximum drawdown the account may reach in this phase?

Phase 2 shares the same overall drawdown rule as Phase 1 — a static 10% maximum loss limit.

Are automated systems, EAs, HFT, or copy strategies permitted in Phase 2?

Permitted:

  • Manual trading
  • Scalping
  • Martingale

Not permitted:

  • High-frequency trading (HFT)
  • Hedging
  • Correlation hedging
  • Group trading
  • Copy trading from external accounts

Copy trading is only allowed between a trader’s own PropXP accounts.