The Prop Vault – Firm Review
- Instant access to funded accounts once our evaluation standards are met
- Swift payouts within 48 hours
- Top-notch assistance always availables
- Superior capital allocation for trader
- Minimal restrictions on trading styles
Company Overview
The Prop Vault is an innovative proprietary trading firm designed to provide traders with capital to maximize their potential in the financial markets. Founded with the vision of creating more accessible paths to funded trading careers, The Prop Vault offers a comprehensive evaluation process that emphasizes genuine trading skills over unnecessarily complex hurdles. The firm stands out for its straightforward two-phase challenge model that assesses traders’ discipline, risk management, and consistency before providing them with funded accounts.
What sets The Prop Vault apart is its trader-centric approach, featuring customizable challenge options, competitive profit splits up to 90%, and a scaling program that rewards consistent performance. With multiple account sizes ranging from $25,000 to $200,000, The Prop Vault accommodates traders at different experience levels and financial capacities. The firm supports various financial markets and trading platforms while maintaining transparent rules and regular payouts, establishing it as a reliable partner for serious traders looking to grow their careers.
Key Features at a Glance
Challenge Fees
- Standard Challenge – One-time fee structure with competitive pricing scaling based on account size
- Professional Challenge – Higher one-time fee but with more relaxed trading conditions for experienced traders
- Refundable Fee Option – Gets credited back to your funded account upon successful completion of both phases
Account Types
- Standard Challenge: Two-phase evaluation with balanced profit targets and risk parameters
- Professional Challenge: Designed for experienced traders with more flexible trading conditions
- Funded Account: Received after successfully completing both challenge phases
Profit Split Options
- Standard Profit Split: 80% for traders initially, transparent and competitive in the industry
- Scaling Plan: Increases to 90% for consistently profitable traders, rewarding long-term performance
- Direct Payouts: Profit payments made on a regular schedule without rolling periods
Account Sizes
- $25,000: Entry-level account ideal for new traders to develop skills with manageable risk
- $50,000: Mid-sized account balancing opportunity with reasonable challenge fees
- $100,000: Professional-level account for experienced traders seeking higher profit potential
- $200,000: Premium account offering maximum capital allocation for elite traders
Trading Platforms
- MetaTrader 4 (MT4): Industry-standard platform with powerful charting tools and Expert Advisors support
- MetaTrader 5 (MT5): Advanced platform with additional timeframes, indicators, and market access
- TradingView: Web-based platform with extensive social features and custom indicators
Financial Markets
- Forex: Major, minor, and exotic currency pairs with competitive spreads
- Indices: Global stock indices including US, European, and Asian markets
- Commodities: Access to metals, energies, and agricultural products
- Cryptocurrencies: Major digital assets with 24/7 trading capabilities
Challenge Programs Detail
Standard Challenge
| Feature | Challenge Phase | Verification Phase |
|---|---|---|
| Duration | No time limit | No time limit |
| Profit Target | 10% | 5% |
| Daily Drawdown | 5% | 5% |
| Maximum Drawdown | 10% | 10% |
| Minimum Trading Days | 5 days | 5 days |
Professional Challenge
| Feature | Challenge Phase | Verification Phase |
|---|---|---|
| Duration | No time limit | No time limit |
| Profit Target | 8% | 4% |
| Daily Drawdown | 6% | 6% |
| Maximum Drawdown | 12% | 12% |
| Minimum Trading Days | 4 days | 4 days |
Challenge Specifications
- Max Allocation: Up to $1,000,000 for consistently profitable traders through the scaling program
- Scaling: Traders can receive up to 5x their initial account size based on consistent performance and risk management
- Trading Competitions: Monthly competitions with cash prizes and fast-track options for top performers
- Free Trial: 7-day demo account available to test the platform before committing to a challenge
- Profit Targets: Reasonable profit targets (5-10%) designed to identify consistent traders rather than high-risk strategies
- Drawdown Structure:
- Daily: 5-6% maximum loss limit from the previous day’s closing balance
- Maximum: 10-12% absolute drawdown from starting balance
- Trailing: No trailing drawdown, providing more flexibility for traders during extended profitable periods
Trading Rules and Requirements
- No overnight holding restrictions on Forex and Cryptocurrencies
- Maximum leverage of 1:100 on Forex pairs, 1:20 on indices, and 1:10 on cryptocurrencies
- No hedging restrictions – multiple positions allowed in the same instrument
- News trading is permitted, but with caution advised due to volatility
- No EA restrictions – algorithmic trading systems and Expert Advisors allowed
- Maximum lot size of 10 standard lots per trade on $100K accounts and above
- Any form of trade manipulation or account sharing strictly prohibited and will result in immediate disqualification
Company Information
- Founded in 2020 to provide accessible funded trading opportunities
- Headquarters located in London, UK with a global presence
- Regulated by financial authorities with comprehensive trader protection measures
- 24/7 customer support via live chat, email, and phone
- Educational resources including webinars, trading guides, and one-on-one coaching available
- Active community of over 10,000 traders worldwide
Payout Methods
- Bank Transfer (2-3 business days)
- PayPal (24-48 hours)
- Skrill (24-48 hours)
- Cryptocurrency (Bitcoin, Ethereum) (1-24 hours)
- Wise (formerly TransferWise) (1-2 business days)
Trading Commissions
- Forex: $5 per standard lot round turn (industry standard)
- Indices: $4-$6 per contract depending on the specific index
- Commodities: $3-$7 per contract depending on the specific commodity
- Cryptocurrencies: 0.05% per trade (competitive for crypto markets)
- No hidden fees or additional charges beyond standard commissions
IP Rules
- VPN usage is prohibited during challenge and funded account phases
- IP verification required during initial setup and periodically during funded phase
- Account sharing strictly forbidden – one trader per account policy
- Geographic location changes must be pre-approved by compliance team
- Multiple trader household policies available for traders living at the same address
Video Review
The Prop Vault Review
Comprehensive review of The Prop Vault trading services
Unique Features
Trader Support
- One-on-one coaching sessions available with professional traders
- Weekly market analysis and trading ideas provided to all funded traders
- Dedicated account manager assigned to each funded trader
Scaling Program
- Automatic account doubling after three consecutive profitable months
- Up to 5x initial account size available through progression system
- Profit split increases with scaling progression (up to 90%)
Trader Analytics
- Advanced performance metrics dashboard for strategy refinement
- Trade journal integration for comprehensive record-keeping
- Risk management tools showing real-time exposure and correlation analytics
Why Choose The Prop Vault?
The Prop Vault stands out in the proprietary trading firm landscape by focusing on creating genuine opportunities for serious traders rather than setting up complex hurdles designed to generate evaluation fees. Their trader-centric approach permeates every aspect of their business model, from reasonable profit targets to flexible trading conditions.
Key advantages include:
- No time limits on challenges – trade at your own pace without artificial pressure
- Up to 90% profit splits – among the highest in the industry
- Refundable fee option – get your evaluation fee credited to your funded account
- Aggressive scaling program – grow your capital allocation up to 5x your initial size
- Comprehensive trader support – educational resources, coaching, and dedicated account managers
- Flexible trading conditions – EA compatibility, news trading allowed, and multiple position strategies permitted
- Quick and reliable payouts – regular profit distributions without complicated rolling periods
Frequently Asked Questions
How long does it take to get funded?
The time to get funded depends entirely on your trading skill and consistency. Since The Prop Vault imposes no time limits on challenges, you can complete them at your own pace. Typically, successful traders complete both phases within 1-2 months, but there’s no pressure to rush. Once you’ve passed both the Challenge and Verification phases, you’ll receive access to your funded account within 1-3 business days.
Can I hold positions over the weekend?
Yes, The Prop Vault allows holding positions over the weekend for most markets except certain indices that close. For Forex and Cryptocurrencies, you can maintain positions through weekends without restrictions. However, be aware of potential weekend gaps that could impact your positions when markets reopen. The platform automatically accounts for these gaps in drawdown calculations to ensure fair assessment.
What happens if I break a rule?
Rule violations are handled on a case-by-case basis with a focus on education rather than immediate disqualification for minor infractions. For first-time minor violations, you’ll typically receive a warning and clarification of the rule. However, serious violations like trade manipulation, account sharing, or using VPNs will result in immediate disqualification without refund. The Prop Vault maintains a three-strike policy for minor violations before account termination.
Can I trade news events?
Yes, The Prop Vault allows trading during high-impact news events, which sets them apart from many other proprietary trading firms. They recognize that news trading is a legitimate strategy employed by many professional traders. However, they recommend caution due to the increased volatility and potential for slippage during major news releases. Their platform is equipped with institutional-grade liquidity providers to minimize execution issues during volatile market conditions.
How often can I withdraw profits?
Profit withdrawals are processed on a bi-weekly basis for all funded traders. Once you’ve passed both challenge phases and received your funded account, you can request withdrawals of your profit share every two weeks. The minimum withdrawal amount is $100, and there is no maximum limit. Profit calculations are based on the performance since your last withdrawal, with no complicated rolling periods or baseline adjustments that some other firms implement.
