Reward eligibility

Instant Funding isn't about "passing." You're trading in the simulated funded environment from day one.

Performance reward cadence of Instant Funding

• First request: 14 days after your first trade on the account
• Subsequent requests: 14 days after the first trade after a reward

Note: The waiting time can be cut to 7 days by purchasing the "Reward Request 7 Days" add-on at checkout.

Performance Rewards eligibility criteria for Instant Funding

• Must be flat on all position and not have any pending orders
• Have at least 5 profitable trading days (profitable trading day = at least +0.5% realized profit on start-of-day balance)
• Before requesting, your balance must be above the initial challenge balance
• Minimum Performance Reward withdrawal is $100
• Be at least 1% in profit on original account balance (e.g. at least $101,000 on a $100k account)
• Be inside the 20% consistency rule (no single day profit can be more than 20% of your total profits for that reward cycle)
• Must respect all other rules, limits, terms and conditions. You must have no violation and no actions under review

Important: Stop trading after requesting a reward

Once you submit a reward request, you must stop trading until it's processed, trading during processing can void/cancel that reward request.

Best practice for requesting performance rewards

Request rewards from a clean slate: no drama positions, no "one last trade," no hero mode. Stop, cash in, rinse, repeat.

Max daily loss limit

Daily max loss (aka max daily drawdown) for Instant Funding:

• Max daily loss on your day's starting equity: 3%.
• It's calculated from the day's starting equity. The trading day resets at 00:00 AM UTC. Don't be tricked by the timezone, use a trusty timezone converter.
• Max daily drawdown is fixed intraday, there is no trailing drawdown during the trading day (i.e. once it's set at the start of the day, it remains the same for the whole day)
• Open trades and unrealized PnL count.
• Hit it = hard breach.

Best practice

Know your "per-trade pain." If one trade can blow half the daily limit, consider changing trade sizing.

Example

• If your day's starting equity is $52,000, your max daily drawdown will be $1,560. This means that for the whole day your equity cannot fall below $50,440.

Max overall loss limit

Instant Funding uses static max loss anchored to the initial balance of the account. 

• Max overall drawdown: 6%.
• Equity drops below the threshold = hard breach.

Best practice

Static drawdown punishes revenge trading even if you have great risk management. If you feel the urge, step away before the rules step in.

Example

Your Instant Funding account starts at $50,000. You equity can never fall below $47,000 or it's a hard breach. Simple as that.

Consistency rule + “how to fix it”

PropXP applies a 20% consistency rule to its Instant Funding accounts.

• Daily gain cannot be more than 20% of your total profits (for the current reward cycle).
• Exceeding the consistency rule doesn’t breach you, but increases the required target to claim a reward and requires you to continue trading until you reach it.
• The consistency rule resets after you successfully claim a performance reward.

How to avoid issues

Split performance across days, taper size after strong sessions, and don’t try to “YOLO” 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 $1,800. Exceeding this would add the excess to your target rather than speeding your reward claim.

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 value. You must continue trading profitably to do so.

Practical example of consistency rule

You have a $100,000 account. Your target is to make at least $1,100 to claim a performance reward and the consistency rule is 20%. If you profit more than $220 in one day you will not be able to request a reward once you reach a balance of $101,100.

For instance:

• You make $200 on your first day
• You make $300 on your second day
• You make $600 on your third day

You have reached your minimum reward target, but your best day of $600 is ~55% of your total profits (not 20%), so you need to keep trading:

• Your new objective is to reach a total profit of $3,000 (so make $1,900 more) without earning more than $600 in a single day. This is because $600 is 20% of $3,000.

If you do this, you will 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.

Minimum trading days

Minimum trading days - Instant Funding

New text: With Instant Funding accounts you must have at least 5 profitable trading days before you can claim a performance reward.

Instant Funding also has a 20% consistency rule, which also adds up to 5 days of profitable trading.

What is a profitable day in PropXP?

Profitable days are days where your realized profit for that day is at least +0.5%.

Example of profitable day in PropXP

Your day starts with a balance of $26,000 (at 00:00 AM UTC). The next time the clock strikes 00:00 AM UTC, you balance is 26,130. This counts as a profitable day.

Does equity influence profitable days?

No, profitable days are calculated on balance, so if your balance is +0.5% at the end of the day, but you are carrying a losing trade of -0.3%, it still counts as a profitable day.

Best practice

Plan for this from day one. Don't be the person who hits the target in one day and then has to "farm days" hoping to have enough profitable days to claim a performance reward without blowing the account.

Max floating loss - Instant Funding

PropXP Instant Funding accounts have a max floating loss you cannot go past.

The first time your combined floating PnL from all your open position is -1%, all positions on your Instant Funding account will be auto-flattened and your profit split for the account will permanently be reduced to 50%.

The second time your combined floating PnL from all your open position is -1%, your Instant Funding account will be breached.

Example of the max floating loss rule

You have four trades open and they have the following PnL:

• NASDAQ: -0.3%
• NASDAQ: -0.2%
• EURUSD: +0.4%
• XAUUSD: -0.9%

Your total floating PnL is -1%. Now two things can happen:

• If it's the first time it happens, all positions will be flattened and your account will now have a permanent 50% profit split
• If it's the second time it happens, your account will be breached

Best practice

Don't bite more than you can chew. If you are already in a losing trade and see a setup somewhere else, think twice before taking it, losing PnL stacks up fast.

Overnight + weekend holding

• Overnight: always allowed.
• Weekend holding on Instant Funding: requires the Weekend Trading Add-On, you can purchase it at checkout.
• Without add-on: You must be flat before Friday close.

If you can't hold trades over the weekend (instant funding) and you don't flatten them by Friday close:

• First violation → warning email & profit adjustment on the affected trades (if needed) + reduced profit split to 50%.
• Second violation → hard breach of the account.

Best practice

If you're holding risk into the weekend, make sure you're allowed to — and then make sure you actually want to.

Crypto trading note: Since the crypto market never closed, crypto trading (including weekend trading and weekend holding) is allowed always, without add-ons.

News trading rules

News trading: holding through restricted news requires the News Trading Add-On.

Without the add-on, Instant Funding traders must:

• Close 5 minutes before, and
• No open/close until 5 minutes after a restricted news event (including pending orders).

What happens if I trade during restricted news?

If you open or hold a trade in the restricted news window without the News Trading add-on, your Instant Funding account will be breached.

Restricted news rules

• High-impact U.S. news (e.g., US CPI, FOMC decisions/speeches): all trading is restricted during the window (even pairs that don't contain USD).
• High-impact non-U.S. news: only instruments tied to that country/currency are restricted. Example: BOJ rate decision = anything with JPY is restricted, but EURUSD is fine.
• Gold (XAUUSD, XAUEUR): Trading is restricted during:
  • all high-impact news events from the U.S.,
  • high-impact decisions and speeches from the ECB
  • high-impact decisions and speeches from the BOE
  • high-impact decisions and speeches from the BOJ
• Crude Oil Inventories: USOIL and UKOIL are restricted.
• Natural Gas Storage: NGAS is restricted.

Best practice

Don't let a calendar event be the reason you lose an account. That's a rough story.

Allowed tools/strategies

• Allowed: manual trading, martingale (risk limits still apply), EAs (sensible rules apply).
• Not allowed: HFT, hedging/correlation hedging, group trading, external copying, tick-scalping.

Copy trading is permitted only between your own PropXP accounts or from/to accounts that you solely own (it means they are your account, you trade them, nobody else.)

Best practice

"But my friend placed the same trade" is not a defense. Trade independently.

Remember that on Instant Funding account and Funded Accounts there is a 2-minute minimum holding rule to prevent tick-scalping.

Special note about EAs

If you use a third party EA that a lot of people use, that might trigger the copy trading or group trading flag in our system and your account may be breached.

What triggers a breach (hard fail)

Instant Funding hard-breaches if you:

• Exceed the daily loss limit
• Exceed the max loss limit
• Exceed the max floating loss limit twice
• Use prohibited methods (HFT, hedging/correlation hedging, group trading, etc.)
• Copy from external accounts/sources that you don't own and operate
• Don't comply with terms and conditions
• Holding trades over the weekend without the add-on (again, funded account only)
  • First violation → warning email & profit adjustment on the affected trades (if needed) + reduced profit split to 50% for the remaining life of the account.
  • Second violation → hard breach of the account.
• News Trading without the add-on (still, funded stage only)
  • First violation → warning email & profit adjustment on the affected trades (if needed) + reduced profit split to 50% for the remaining life of the account.
  • Second violation → hard breach of the account.
• Holding trades for less than 2 minutes (only applies to funded accounts)
  • First violation → warning email & profit adjustment on the affected trades (if needed).
  • Second violation → hard breach of the account.
• Using an EA that a lot of people use (might be flagged as group trading by the system, because technically it is)

Best practice

When you're up, protect it. Most failures happen after a win, not after a loss. And don't do anything dodgy.

Balance vs Equity

• Daily/max loss are based on equity.
• Performance/targets are based on balance (all positions must be closed.)
• Everything is tracked in the dashboard so you have full visibility.

Best practice

Equity means that your floating PnL counts. If you are near the limit, be careful waiting “for it to come back.”

Must be flat to claim

If you’re at the target but still holding positions, you’re not “done” — you’re just one wick away from being under target again:

• When you hit your objective, close all open positions (and cancel pending orders) to lock it in.

Example

You’re up +1.1% floating on EURUSD. Great… until it retraces 15 pips and you’re back to +0.97%. So no reward for you.

Just close it. Take the win. Don’t turn “paid” into “almost paid”.

Trading day reset time

Your daily limits reset at 00:00 AM UTC, not your laptop time, not your local timezone.

• Max daily and max overall drawdowns are calculated from your equity at 00:00 AM UTC.
• From that point until the next reset time, your equity can't drop more than the limits.
• Your dashboard shows the official numbers.

Best practice

If you're trading late in the day, remember you might be minutes away from a new "daily start line." That can change your daily-loss headroom fast.

Do spreads/commissions/swaps count toward limits?

Yes, if it moves your equity, it counts.

• Spreads hit you at entry/exit (Bid/Ask reality).
• Commissions reduce net P/L.
• Swaps (overnight fees) adjust equity.
• Slippage is real (especially around volatility).

Example

You’re down -2.7% on the day with trades open. A spread widening + a commission hit can be the tiny push that makes it -3.0%+ and… yeah, you have blown the account.

PropXP leverage is asset-class based (challenge accounts):

• FX: 1:50
• Metals: 1:25
• Indices: 1:25
• Crypto: 1:2
• Stocks: 1:10

Margin use

If your margin usage is "YOLO-tier" (reckless / gambling patterns), our risk team can review/close your account. So trade sensibly.

While it's not possible to define a fixed lot size for any instrument, as prices and margin requirements change constantly depending on the market and the asset, as a general risk management guideline, we strongly recommend not using more than 25% of your available margin on a single trade or on the same instrument, and always keeping enough free margin to handle normal market volatility.

You can always check the exact margin per lot in MT5 → Symbol Specifications, and adjust your position size based on the current price and your account balance.

Copy trading: what’s allowed vs forbidden (own accounts vs others)

Allowed:

• Copying between your own PropXP accounts
• Copying from your own external personal account → PropXP, only if you’re the sole owner/operator of everything connected.

Not allowed:

• Copying from other traders
• Shared signal services
• Anything that looks like group trading / coordinated patterns (including EAs that a million people use)

Rule of thumb for copy trading with PropXP

If the “signal” requires a subscription, a Discord, or a “bro trust me”: 99.9% not allowed.

Inactivity rule

All accounts have a 30-day inactivity rule:

• If you place no trades for 30 consecutive days, the account is terminated as inactive.
• No refunds for inactivity closures.

Best practice

Going on holiday? Place one small, real trade within the 30-day window and you’re fine.

Inactivity rule applies to all accounts: Challenges, Funded Accounts, and Instant Funding.

“One big trade” passing: allowed or abuse?

“Big days” aren’t automatically illegal, but PropXP is built to avoid “one lucky candle = pass.”

What controls this:

• 20% consistency rule: if one day becomes too dominant, your target/requirement effectively increases (you’ll need to keep trading until it’s balanced).
• Reckless size / gambling patterns can trigger review even if you didn’t break other rules.
• 1% max floating loss: if your all your open trades are cumulative -1% floating, all you positions will be flattened automatically and your profit split for the account reduced permanently to 50%. If it happens a second time, it's a hard breach.

Example

You hit the target in one monster day. Cool. Now you’ll need extra days anyway to satisfy the consistency rule. Translation: stop trying to speedrun the system, it’s designed to reward repeatable, consistent trading.

Violations & penalties (what happens after a breach / review)

Instant Funding account behave like funded accounts:

• Break daily loss
• Break max loss
• Break max floating loss twice
• Use prohibited methods (HFT/hedging/correlation hedging/group trading/unauthorized copying)
• Holding trades over the weekend without the add-on
  • First violation → warning email & profit adjustment on the affected trades (if needed) + reduced profit split to 50% for the remaining life of the account.
  • Second violation → hard breach of the account.
• News Trading without the add-on
  • First violation → warning email & profit adjustment on the affected trades (if needed) + reduced profit split to 50% for the remaining life of the account..
  • Second violation → hard breach of the account.
• Holding trades for less than 2 minutes
  • First violation → warning email & profit adjustment on the affected trades (if needed).
  • Second violation → hard breach of the account.
• If you request a reward, you must stop trading until it's processed, trading during processing can get the request cancelled/rejected.

Best practice

If you're unsure whether something crosses a line, ask support before you click buy/sell. That's cheaper than "learning by breach."

Minimum Holding Time - Instant Funding

To prevent tick scalping and other "plumbing" exploitative tactics, the minimum holding time for a trade is 2 minutes.

Can I close a losing trade before 2 minutes?

The holding time affects only profitable trades, so yes. If you decide you don't like your entry or your stop loss is tripped before the 2 minutes have passes, you have nothing to worry about.

Best practice

Use real entries, take real trades. Tick scalping your way through an Instant Funding account is will not lead to a reward, it will lead to a breach.

2-minute minimum holding

You must trade like a human. Tick-scalping and ultra-fast execution abuse are forbidden.

Here is the rule:

• On Funded Accounts and Instant Funding, if you close OR reduce a position, it must have been open for at least 2 minutes (120 seconds).
• This includes manual closes, Stop Loss, Take Profit, partial closes, scaling out, and EA/bot closures.
• The rule applies to both profitable and losing trades.
• One-Phase and Two-Phase Challenges have no minimum holding time.

First Violation

If sub-2-minute trades are identified before a warning has been issued:

• Profits from violating trades are removed; losses remain.
• Your Performance Reward profit split is reduced to 50% for the remaining lifetime of the account.
• A formal warning is issued.
• Multiple violations found before the warning may be treated as the same first enforcement event.

After the Warning

Once warned, any new trade closed or reduced before 2 minutes results in a hard breach.

Best Practice

On Funded and Instant Funding accounts, make sure every trade can remain open for at least 2 minutes, including when using Stop Loss, Take Profit, EAs, or other automated trading tools.

Slippage and micro-breaches

Yes, “I only went over by a few cents” still counts. Drawdown rules are typically equity-based and moment-in-time, so a spread spike or slippage can push you over even if you recover 10 seconds later.

Best practices

• Don’t trade near the limit. Give yourself a buffer (think 10–20% of the daily limit as “do not enter new risk”).
• Avoid high-vol windows (rollover, illiquid sessions, news spikes).
• Use hard SLs, not “I’ll close it manually” (famous last words).

strong>Example: You’re down -2.9% on a 3% daily limit. Spread widens, stop slips, equity prints -3.01% = hard breach. Your fault. Learn patience young padawan.

Pending orders around news/weekend close

Pending orders are sneaky because they can turn into market orders without you touching anything.

Two key rules of thumb when trading around news and weekends

• If you have a news restriction window (aka didn’t buy the News Trading add-on), a pending that triggers inside the window counts as “executing a trade.”
• If you don’t have weekend holding, don’t just close positions: Cancel pending orders too before Friday close.

Best practice

Before restricted windows or Friday close: close + cancel. “But I placed it earlier” won’t hold in court.

Market close / holidays / early closes

Market hours aren’t a vibe. They change (holidays, early closes, liquidity droughts), and spreads can get… creative.

Best practices

• Treat the last 30–60 minutes before close like a low-liquidity zone.
• If you must be flat for the weekend or holiday, close earlier than you think you need to.
• Don’t “gap hunt” into a close/reopen window. Pre-close gap exploitation is not allowed.

Example: Opening trades shortly before a market closes specifically to benefit from a reopen gap is considered malicious gap trading and it will be reviewed by our risk team, who can issue a warning, fail your account, or deny your performance reward.

Platform disruptions (disconnects, freezes, VPS outages)

If your trading platform freezes, rules don’t freeze with it.

What to assume

• Drawdowns still apply even if your internet dies.
• If you run a size that requires “perfect connectivity,” you’re one router reboot away from blowing your account.

Best practices

• Use hard SL/TP on every trade you care about.
• Don’t hold oversized risk that needs constant babysitting.
• A VPS can reduce downtime, but it’s not a “get out of breach free” card.

If the issue is on our side

If there is a major server outage, or if there are any widespread issues that are not your fault, we will of course fix any damage it did to your accounts.

However, we can check these things, so “I failed my account because your server has problems” without proof will not get you a new account.

PropXP also reserves broad discretion to modify/suspend services and take action when necessary, so the cleanest approach is simply: trade in a way that survives outages.

VPN / VM / shared IP / unusual login behavior

This is mostly a compliance and fraud topic.

What we look for

• Sudden location jumps, weird device patterns, shared logins.
• Anything that makes it hard to verify who is actually trading.

Best practices

• Keep access consistent (same device/IP when possible).
• If you use a VPN/VPS, don’t use it to look like five different people.
• Avoid “emulator-y” setups; especially in automation contexts.

PropXP may request additional documentation for compliance/fraud prevention, and can suspend/terminate access when needed.

Third-party access

Short version: no.

If someone else logs in, trades, or “manages” your account, it becomes impossible to verify ownership and fair participation. Third-party trading/account sharing is forbidden.

Best practice

Don’t share credentials. Don’t let anyone touch anything. If you need help, ask support, not your cousin.

Appeals process (what evidence you accept)

If you think something went wrong (slippage, platform issue, execution anomaly), send a ticket with evidence.

What helps

• Account ID, symbol, ticket/order IDs
• Screenshots or video of MT5 history + journal
• Approx timestamps (server time if you can)
• A short “what happened” timeline

Reality check: We seriously review for factual/technical mistakes, but we are not a tribunal. Unlike other firms, we give you a path to appeal to tell us your side, but it’s not a court case.

Correlation hedging (plain-English)

Correlation hedging is when you open positions in different symbols that offset each other because the instruments move together—often to reduce net exposure while still gaming objectives or rules.

Simple examples

• Long one USD pair, short another highly correlated USD pair to “neutralize” direction.
• Offsetting positions across correlated indices.

Hedging and correlation hedging are prohibited trading styles.

Best practice

If your plan relies on “these two instruments cancel out,” you’re in the danger zone.

HFT / latency arb / external feed / system error exploitation

This is the category of “making money from plumbing, not trading.”

Common red flags for exploitative trading systems

• Tick scalping / ultra-high order frequency
• Latency arbitrage (acting on delayed prices)
• Trading based on external/slow feeds
• Exploiting platform glitches

PropXP reserves the right to terminate accounts engaging in high-frequency/unethical methods.

Gap trading definition

Gap trading (the prohibited kind) is positioning specifically to profit from expected reopen gaps around closures/halts (aka “holding into close to exploit reopen”.)

A common rule of thumb: trades opened shortly before a market closes (or a scheduled halt) with the intent to exploit the reopen gap = avoid.

Best practice

If your edge is “the broker’s feed will gap,” that’s not an edge — it’s a quick way to get yourself banned.

Martingale/grid: allowed, restricted?

We don’t care what you call it. We care what it does.

• If your martingale/grid stays within daily + max loss, it may survive mathematically.
• =In real life, these approaches often create overexposure / one-sided bets / inconsistent sizing — which is exactly the behavior our risk team flags as gambling or abusive.

Best practice

If the strategy requires doubling forever, it’s not a strategy. It’s a countdown.

“Hard vs soft breach” semantics

Most Instant Funding rules are "math rules": you cross the line, you're done.

So, in general:

• Hard breach = you broke a defined rule (drawdowns, restricted windows, forbidden practices, etc.). The account fails/terminates (or a reward gets denied), usually immediately.
• Review-based enforcement = you didn't necessarily trip a single numeric threshold, but your behavior triggers a risk review (pattern abuse / circumvention / malicious conduct). That can lead to a warning, trade exclusions/adjustments, reward denial, restrictions, or an account breach/termination.

Special case: the 2-minute minimum holding time (Funded Accounts + Instant Funding)

For Instant Funding Program accounts and Funded Accounts only, each position must remain open for at least 2 minutes before it may be closed or reduced by you (including your EAs/bots/tools).

This is enforced based on behavior and patterns:

• Isolated, clearly accidental, or obvious risk-management early closes may be treated differently (including potentially a warning).
• Repeated or systematic closes under 2 minutes (or attempts to "game" the intent of this rule) can be treated as tick-scalping/circumvention, and may result in actions including:
  • excluding affected trades (in whole or in part) from results,
  • adjusting results impacted by the conduct,
  • restricting trading (instruments/leverage/permissions),
  • disqualifying the account and/or denying Performance Rewards,
  • suspending or terminating Services.

What does not count as "you closing it"

A position is generally not treated as a 2-minute holding-time violation if it's closed without you initiating a close, including:

• stop-loss being triggered (only if it's not happening regularly and doesn't show tick-scalping behavior/patterns),
• liquidation/forced closure due to margin requirements,
• platform or risk-control closures (including any automatic risk actions the Company applies).

Other soft breach exceptions in PropXP

• Holding trades over the weekend without the add-on (funded account only)
  • First violation → warning email & profit adjustment on the affected trades (if needed) + reduced profit split to 50% for the remaining life of the account.
  • Second violation → hard breach of the account.
• News Trading without the add-on (still, funded stage only)
  • First violation → warning email & profit adjustment on the affected trades (if needed) + reduced profit split to 50% for the remaining life of the account..
  • Second violation → hard breach of the account.
• Holding trades for less than 2 minutes (only applies to funded accounts)
  • First violation → warning email & profit adjustment on the affected trades (if needed).
  • Second violation → hard breach of the account.

Best practice

If your "strategy" needs exits under 2 minutes as a routine… it's probably not a strategy we'll accept. Trade like a human with a plan, not like a printer testing ink.