Propexito – Firm Review
- Premium tools for market mastery
- Custom indicators boost trading success
- Expert guidance from seasoned professionals
- Risk management strategies maximize profits
- Exclusive training accelerates learning curve
Company Overview
Propexito is an innovative proprietary trading firm that bridges the gap between talented traders and capital access. Founded with the mission to empower traders worldwide, Propexito offers a comprehensive evaluation process designed to identify disciplined and profitable trading strategies. Their two-phase challenge program allows traders to demonstrate their skills before gaining access to funded accounts with substantial capital backing.
What sets Propexito apart is their commitment to trader success through competitive profit splits, diverse account options, and a transparent evaluation process. They offer multiple account sizes ranging from $10,000 to $200,000, accommodating both new traders testing their strategies and experienced professionals seeking significant capital. With access to global markets, including forex, indices, commodities, and cryptocurrencies, Propexito creates opportunities for various trading styles and preferences.
Key Features at a Glance
Challenge Fees
- Standard Challenge – One-time fee starting from $99 for $10K accounts up to $799 for $200K accounts
- Professional Challenge – Higher one-time fee with more flexible trading conditions and higher profit targets
- Reset Fee – Discounted fee to restart a challenge if account rules are violated
- Free Retake – One free retry if you fail the challenge but meet certain criteria
Account Types
- Standard Challenge: 10% profit target per phase with strict risk management rules, ideal for disciplined traders
- Professional Challenge: 12% profit target with more flexible trading parameters for experienced traders
- Funded Account: Active after passing both challenge phases, with regular profit withdrawals and scaling opportunities
Profit Split Options
- Initial Profit Split: 80% for traders and 20% for Propexito on funded accounts
- Scaling Plan: Increased profit share and account size after consistent performance
- Consistency-Based Bonuses: Additional benefits for traders maintaining consistent profits
Account Sizes
- $10,000: Entry-level account with lowest challenge fee, ideal for new traders
- $25,000: Mid-sized account with balanced risk-reward potential
- $50,000: Popular choice balancing substantial capital with manageable challenge fees
- $100,000: Professional-grade account for experienced traders seeking higher profit potential
- $200,000: Maximum account size offering the highest profit potential for top performers
Trading Platforms
- MetaTrader 4 (MT4): Industry-standard platform with extensive charting capabilities and indicators
- MetaTrader 5 (MT5): Advanced platform with additional timeframes, improved backtesting, and more technical indicators
- Trader Evaluation Dashboard: Proprietary platform for tracking challenge progress and performance metrics
Financial Markets
- Forex: Major, minor, and exotic currency pairs with competitive spreads
- Indices: Global stock indices including US30, S&P 500, NASDAQ, and international markets
- Commodities: Energy products, precious metals, and agricultural commodities
- Cryptocurrencies: Major cryptocurrency pairs with Bitcoin, Ethereum, and other popular digital assets
Challenge Programs Detail
Standard Challenge
| Feature | Challenge Phase | Verification Phase |
|---|---|---|
| Duration | No time limit | No time limit |
| Profit Target | 10% | 10% |
| Daily Drawdown | 5% | 5% |
| Maximum Drawdown | 10% | 10% |
| Minimum Trading Days | 10 days | 10 days |
Professional Challenge
| Feature | Challenge Phase | Verification Phase |
|---|---|---|
| Duration | No time limit | No time limit |
| Profit Target | 12% | 12% |
| Daily Drawdown | 6% | 6% |
| Maximum Drawdown | 12% | 12% |
| Minimum Trading Days | 8 days | 8 days |
Challenge Specifications
- Max Allocation: Up to $200,000 initially, with scaling opportunities up to $1,000,000 for consistently profitable traders
- Scaling: Account size can increase by up to 25% after demonstrating consistent profitability, with multiple scaling levels available
- Trading Competitions: Monthly trading competitions with prizes for top performers across different account categories
- Free Trial: Limited-time demo challenge available to test the platform before committing to a paid challenge
- Profit Targets: 10% for Standard Challenge and 12% for Professional Challenge in each phase
- Drawdown Structure:
- Daily: 5% for Standard and 6% for Professional challenges, calculated from starting balance
- Maximum: 10% for Standard and 12% for Professional challenges, based on starting balance
- Trailing: After exceeding profit targets, drawdown calculated from highest equity achieved
Trading Rules and Requirements
- No overnight holdings for specific news events or economic releases
- No hedging within the same trading instrument
- No excessive leverage or high-risk trading strategies
- Minimum 10 trading days during each challenge phase (8 days for Professional accounts)
- Only one position per trading instrument at a time
- No manipulative trading practices or arbitrage strategies
- Trading allowed during market hours only, with weekend holding permitted for select instruments
Company Information
- Founded in 2020, headquartered in London with global operations
- 24/7 customer support via live chat, email, and dedicated account managers for funded traders
- Educational resources including webinars, trading guides, and strategy sessions
- Active community forums and Discord server for trader interaction
- Regular updates to trading conditions based on trader feedback
Payout Methods
- Bank Transfer (3-5 business days)
- PayPal (1-2 business days)
- Skrill (1-2 business days)
- Bitcoin and other cryptocurrencies (24-48 hours)
- Wise/Transferwise (2-3 business days)
Trading Commissions
- Forex pairs: $7 per lot round-turn commission
- Indices: $7-$10 per lot depending on the specific index
- Commodities: $7-$12 per lot depending on the specific commodity
- Cryptocurrencies: 0.05%-0.1% per trade depending on volume
- ECN-style raw spreads plus commission structure for transparency
IP Rules
- Maximum of 3 IP addresses allowed per account
- VPN usage permitted but must be registered with support team
- Geographical restrictions may apply for certain regions
- IP changes need to be approved by the compliance team
- Multiple accounts from same IP address require verification
Video Review
Propexito Review
Comprehensive review of Propexito trading services
Unique Features
Trader Support
- One-on-one coaching sessions for funded traders
- Advanced analytics dashboard for performance tracking
- Trade journal integration for strategy refinement
Account Management
- Challenge reset discounts for returning traders
- Account merging options for scaling capital more efficiently
- Customizable risk parameters on funded accounts
Why Choose Propexito?
Propexito stands out in the competitive prop trading landscape by offering a balanced combination of trader-friendly conditions, transparent evaluation processes, and generous profit-sharing structures. Their commitment to trader success extends beyond simply providing capital.
Key advantages include:
- No time limits on challenge completion, allowing traders to demonstrate skill without rushing
- Generous 80/20 profit split from day one of funded trading
- Scaling program that rewards consistent performance with increased capital
- Educational resources and community support for skill development
- Flexible trading conditions that accommodate different trading styles
- Quick verification process and fast payout processing
Frequently Asked Questions
How long does it take to get funded?
After successfully completing both phases of the challenge, account verification typically takes 1-3 business days. Once approved, you’ll receive your funded account credentials within 24 hours and can begin trading immediately.
Can I hold positions over the weekend?
Yes, weekend holdings are permitted for most instruments. However, be aware that positions held over the weekend may be subject to gap risk, which could impact your drawdown limits. Some specific instruments may have weekend holding restrictions, especially around major economic events.
What happens if I break a rule?
Rule violations are assessed on a case-by-case basis. Minor violations may result in warnings, while significant violations like exceeding drawdown limits will result in account termination. In some cases, you may be offered the opportunity to reset your challenge at a discounted rate.
Can I trade news events?
Yes, trading during news events is generally allowed, but with certain restrictions. Major economic releases might have special risk management requirements, and some high-impact news events may require closing positions before the announcement. Always check the economic calendar and rule updates for specific guidance.
How often can I withdraw profits?
Once funded, profit withdrawals are processed bi-weekly. The first withdrawal is available after completing the first profitable month of trading. Subsequent withdrawals can be requested according to the regular schedule. The minimum withdrawal amount is $100, and there is no maximum limit on how much of your profit share you can withdraw.
