Hour Trader is a time-limited simulated trading challenge launched by PropW. After paying the audition fee (which serves as both your participation ticket and the base for reward calculation), you will receive a 10,000 USDT challenge account to trade within a set time frame (1 to 8 hours). Reach the target without breaching any challenge limits, you can earn 2x to 10x your audition fee as a reward for the testing of both your trading skill and risk management.

All participants will receive a fixed 10,000 USDT in virtual capital, ensuring a level playing field. Your audition fee is separate from the trading account and is used only for participation and reward calculation. It will not enter the challenge account and is not involved in the calculation of any trading or profit and loss.

Each challenge has a maximum loss limit. For example, with a 500 USDT limit, if your account equity falls to 9,500 USDT or below, the challenge will end immediately and be considered failed, with all positions closed, no rewards issued, and the audition fee non-refundable.

To pass the challenge, you must meet all of the following conditions:

1. Reach the profit target within the time limit.

2. Keep your account equity above the max loss threshold at all times.

3. Close all positions before the challenge ends.

Once all these conditions are met, you will pass the challenge and your results will be reviewed. The rewards will be issued once the review is approved.

Yes. For challenges that support users to customize audition fees (subject to the rules shown on the challenge page), you can choose an audition fee between $5 and $500.

Important Notices:

Your audition fee will directly determine your reward. Take a challenge with 10x reward multiplier as an example:

Pay 50 USDT audition fee → Receive 500 USDT after passing the challenge.

Pay 100 USDT audition fee → Receive 1,000 USDT after passing the challenge.

For supported trading pairs and trading limit per single trade, please check "Challenge Rules" before participating in a challenge. Supported trading pairs and trading limits may differ depending on the challenge.

After you pass a challenge, your results will be reviewed. The rewards will be issued once the review is approved.

Reward calculation:

Rewards = Audition Fee × Reward Multiplier

Example: $100 Audition Fee × 10 = 1,000 USDT Reward.

Important Notices:

If your challenge fails, no rewards will be issued and the audition fee can not be refunded.

Rewards can only be claimed once. After claiming, the reward status will be updated to "Claimed".

No. Each account can only participate in one HourTrader challenge at a time.

No. Audition fee is non-refundable once paid. Before starting a challenge, please carefully choose your challenge mode.

After paying the audition fee, the challenge will start immediately and the countdown begins. You cannot start another HourTrader challenge until the current one ends, whether successful or not. Once it ends, you can start a new challenge right away or explore other PropW products such as regular challenges.

Yes. Trading fees are charged when opening and closing positions (Taker: 0.06%, Maker: 0.04%) and are deducted from your virtual account balance. Frequent trading may result in higher fees, which can impact your overall returns.

HourTrader is a high-risk challenge. You may lose their audition fee (non-refundable) if the challenge fails. The profits and losses in the challenge account are independent of the audition fees. Please make sure you fully understand the rules and have sufficient trading experience before participating a challenge. This product does not guarantee any returns.

PropW reserves the right, at its sole discretion, to modify, update, or terminate this event and its rules at any time without prior notice, including but not limited to canceling, postponing, suspending, or ending the event, changing eligibility criteria, adjusting the selection process or number of winners, and revising the timeline of any stage. All participants are subject to the latest version of these terms.