Propexito - Prop Firm Review

Pricing snapshot

Company and regulation

Propexito is operated by Basilisko Limited, registered in Nicosia, Cyprus, under Cypriot law. It is not regulated, and its accounts are simulated. The Terms are blunt about it: “All funded and challenges are virtual funds,” and none of the services “can be considered investment services… nor constitute investment advice,” with all payments “final and for evaluation purposes only.” Its marketing headlines “over $20 million in payouts in the past 12 months,” but the underlying product is a demo-account evaluation.

The rule that defines it: a fixed payout calendar and a 3% loss cap

Two rules make Propexito unusually rigid, and together they are its defining feature. First, payouts are not on-demand: you can only request a withdrawal on exactly the 14th calendar day after your first trade on a funded account. If you miss that specific day, you must wait a further 14 days for the next window. That is a meaningfully stricter cadence than the “withdraw whenever” model many firms now offer, and it rewards traders who plan around a fixed calendar.

Second, a “responsible trading” rule caps your single biggest losing trade at 3% of account size (splitting one idea across several positions counts as one trade). Breach it and your flow can be labelled “toxic” and your rewards denied. Layered on are a 10-lot daily cap, a clawback of profits from any trade closed within one minute, and voided profits around high-impact news. None of this is hidden, but it adds up to a tightly policed, discretionary model: you need to trade in small, deliberate size and on a fixed schedule, or risk having profits withheld. Understand these before you buy, because they shape how you’d have to trade.

Products, split and drawdown

Two evaluations: the Classic Challenge (2-phase, 10% then 5% targets) and the Speedy Challenge (1-phase, 10% target). Classic sizes run $5k to $200k (leverage 1:200); Speedy up to $100k (leverage 1:50). Trading is forex and CFDs.

Drawdown is static: a 10% maximum overall loss, with a 5% daily limit on Classic and 4% on Speedy, measured from the higher of start-of-day balance or equity. There is no minimum trading-days requirement, but you must place at least 12 trades. Fees are one-time per challenge (from about $49), non-refundable.

Contradictions to be aware of

Several of Propexito’s own statements don’t line up, which is worth confirming before you commit:

• Profit split: the payout page opens with a “90% profit split” and then, one line later, states an “80%” split. The challenge tables show 80% with “up to 90%.”
• Minimum trading days: the Terms mention a 3-day minimum, while the FAQ says “no minimum trading period” (only the 12-trade rule).
• “Zero reward denials”: the same responsible-trading policy that claims this also lists “denied performance fees” as a penalty and reserves broad discretion to withhold rewards.

Rules and fees at a glance

• Payouts: only on the 14th day after your first funded trade, then every 14 days.
• Behavioural caps: biggest single loss ≤3% of account; 10 lots/day; sub-1-minute trades clawed back; news restrictions.
• Split: 80% (with “up to 90%” advertised; the firm’s pages conflict).
• Drawdown: 10% max overall; 5% (Classic) / 4% (Speedy) daily, static.
• Requirements: no minimum trading days, but at least 12 trades.
• Cost: one-time fee from ~$49; no monthly subscription.

Verdict

Propexito is a workable simulated firm for a specific kind of trader: disciplined, small-size and schedule-driven. Its low entry fees, no-minimum-days rule and choice of a fast 1-phase or standard 2-phase path are reasonable, and a trader who naturally spreads risk and plans around a fixed payout date will find the rules livable.

The reservations are about rigidity and clarity. The fixed 14-day payout window and 3%-max-loss rule are demanding and give the firm room to withhold rewards from anyone who trades aggressively; the accounts are simulated; and the firm’s own pages contradict each other on the profit split and minimum trading days, which isn’t reassuring. If those rules suit your style, it is a legitimate option; if you want flexible payouts and simple, unambiguous terms, this isn’t the smoothest fit.

Frequently Asked Questions

Is Propexito regulated, and is the capital real?

Propexito is operated by Basilisko Limited in Nicosia, Cyprus, and is unregulated. Its accounts are simulated: its Terms state that all funded and challenge accounts use virtual funds, that none of the services are investment services or advice, and that payments are final and for evaluation purposes only. The marketing references over $20 million in payouts, but the product itself is a demo-account evaluation.

How do Propexito payouts work?

Payouts are not on-demand. You can only request a withdrawal on exactly the 14th calendar day after your first trade on a funded account, and if you miss that day you must wait a further 14 days for the next window. After that the cycle repeats every two weeks. This fixed calendar is one of Propexito defining features.

What is the Propexito 3% loss rule?

Under its responsible-trading policy, your single biggest losing trade must not exceed 3 percent of your account size, and splitting one idea across several positions counts as a single trade. Breaching it can see your trading flagged as toxic and your rewards denied. There are also a 10-lot daily cap, a clawback of profits from trades closed within one minute, and restrictions around high-impact news.

What is the Propexito profit split?

Propexito advertises an 80 percent split with up to 90 percent, but its own pages are inconsistent: the payout page opens with a 90 percent figure and then states 80 percent one line later. Treat 80 percent as the baseline and confirm the current terms directly, given the contradiction on the firm own site.

What are the Propexito challenge types and drawdown rules?

There are two: the Classic Challenge (two phases, 10 percent then 5 percent targets, leverage 1:200) and the Speedy Challenge (one phase, 10 percent target, leverage 1:50). Drawdown is static, with a 10 percent maximum overall loss and a 5 percent daily limit on Classic or 4 percent on Speedy. There is no minimum number of trading days, but you must place at least 12 trades.

Does Propexito charge a monthly fee?

No. Propexito charges a one-time, non-refundable fee per challenge, starting from around $49, with no monthly subscription. Account sizes run from $5k to $200k on the Classic challenge and up to $100k on the Speedy challenge.

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