Prosper and get funded by following the below requirements linked to our Funded Account Challenge.
If you do not meet the challenge's requirements, your account will be disqualified. You will then need to purchase a new challenge to partake again.
Step 1: ProsperityFX Challenge
9% Profit in 365 days
Minimum 10 days of trading
Daily Loss/Drawdown (Equity) of 5%
Maximum Overall Loss of 12%
Step 2: Verification
9% Profit in 365 days
Minimum 10 days of trading
Daily Loss/Drawdown (Equity) of 5%
Maximum Overall Loss of 12%
Daily Loss/Drawdown (Equity) Calculation:
If the price was initially $200 and then increased to a current value of $300, the profit would be 50%.
This also applies when negative. If the price had decreased to $100, it would reflect a drawdown of -50%.
Your daily loss limit will be reset at midnight MetaTrader server time. Please be aware that the MetaTrader server time may fluctuate between GMT+2 and GMT+3 as a result of daylight saving time changes. For your convenience, you can check the current MetaTrader server time on the top left corner of your MetaTrader account.
Once Step 2's requirements have been met, our Trade Expert Team will review your performance in the challenge.
The consistency of position size.
The consistently appropriate scaling of trades.
The positions sizes held before and during major news events and/or market closings.
The amount of profit which is earned during a day. Profit earned in a single trading day should not exceed 30% of the overall profit earned.
The lot sizes traded on capital. Multiple factors will be taken into consideration such as the asset traded, time, and date along with other market conditions.
Usage of protections including Stop Losses and Take Profits.
After reviewing your accounts, our team will determine if your trading strategy suits our risk appetite. If so, we will grant you a Funded Account.
