Q5. How can I become a PropW trader?

Our challenges consist of two phases. By successfully completing both phases, you can become a PropW trader:

Phase 1: In the initial simulation phase, you must demonstrate your trading ability and reach the specified performance target to become eligible for phase 2.

Phase 2: This is the final evaluation phase. You must again verify your trading ability and achieve the required performance target to confirm your readiness as a PropW trader.

PropW Trader: After passing both phases, you will receive a funded simulated account of up to 200,000 USDT, enabling you to start earning based on your performance.

Q6: How many challenge levels are there?

We offer five assessment levels: Starter, Intermediate, Advanced, Expert, and Master, each with its own virtual balance, audition fee, and performance target.

Q7: What are the challenge rules?

Challenge evaluation is based on the following rules:

Each level has a specified performance target that must be achieved without holding any open positions.

There is no maximum limit on trading days, but a minimum of 5 trading days is required.

Each assessment level has a daily loss limit and a maximum drawdown limit. For either limit exceeded, participants will be disqualified for the assessments.

Q8: What will happen if my loss limit is exceeded?

Traders will be disqualified if their maximum drawdown exceeds the limit. Additionally, all positions will be closed if the daily loss limit is breached.

Q9: What will happen if I pass assessment phase 1?

Once you reach the specified profit target in phase 1, you may stop trading, and we will issue a funded simulated account to you within 3 working days.

Q10: When does the trading day reset?

Both the trading day and the daily loss will be reset at 00:00 (UTC+8) daily.

Q11: Can I join multiple assessments at once?

Yes. You can have up to 5 assessment accounts running simultaneously. However, during the training phase, only 1 active account is allowed. If multiple accounts pass the assessments, they will be placed in a queue based on the completion time and marked as Pending Activation.

Q12: What payment methods are supported?

We support crypto payments (USDT), credit cards (Visa/Mastercard), and instant payment methods (LinePay, PromptPay). We will process payments instantly and send challenge details to you via email once the transaction is completed.

Q13: How are scholarship rewards calculated?

The default scholarship share is 80:20, where traders keep 80% of the scholarship rewards and PropW retains 20%. Under special incentive programs, the scholarship share may increase to 90:10.

Q14: When and how can I withdraw scholarship rewards?

You can request to withdraw your scholarship rewards every 7 days. The scholarship rewards are distributed in USDT in accordance with PropW's withdrawal rules.

Q15: Where can I view my assessment information?

You can view all rules, objectives, and FAQ details in the challenge package section on PropW.

Q16: How can I contact customer support?

You can reach us through the contact form on our website or by emailing support@propw.com. Our dedicated support team will assist you promptly and professionally.