How to start your
prop trading career?
Choose your challenge
Complete the evaluation
Get funded
Let’s take a look at an example starting with our
$10,000 account for just $119.
Challenge
Phase 1
Generate at least 10% profits ($1,000) while complying with the trading objectives
Challenge
Phase 2
Make as little as 8% profit ($800) while complying with the trading objectives
Funded account
Phase 3
80% of the profits generated on this account are now available as a payout!
Trading objectives
At TradeApp, our trading objectives are built around key risk management principles, ensuring you can handle them effectively. These guidelines will help sharpen your skills and allow you to develop sustainable trading habits. Once these objectives are met during the evaluation process, you will gain full access to a TradeApp account. The same objectives will apply, though the profit target may change.
Evaluation Phase 1 | Evaluation Phase 2 | Funded Trader | |
|---|---|---|---|
Trading period | Unlimited | Unlimited | Unlimited |
Min. Trading days | 4 Days | 4 Days | - |
Max. Daily Loss | 5% | 5% | 5% |
Max. Loss | 10% | 10% | 10% |
Profit Target | 10% | 8% | - |
Challenge Fee | $209 | Free | Refunded |
Leverage | Up to 1:100 | Up to 1:100 | Up to 1:100 |
Trading objectives
At TradeApp, our trading objectives are built around key risk management principles, ensuring you can handle them effectively. These guidelines will help sharpen your skills and allow you to develop sustainable trading habits. Once these objectives are met during the evaluation process, you will gain full access to a TradeApp account. The same objectives will apply, though the profit target may change.
You have no time limit to complete each phase. Whether it takes you a few days or several months, you can trade at your own pace, you have the freedom to trade whenever you feel ready.
You must make trades on at least 4 different days during each phase. This ensures consistent trading behavior rather than rushing through the challenge.
You cannot lose more than 5% of your account value in a single day. For example, if your account starts at $10,000, you can't lose more than $500 in one day. This allows for reasonable risk-taking while shielding you from large losses, encouraging good discipline.
You can’t lose more than 10% of your Challenge balance. For example, if your account starts with $10,000, you cannot lose more than $1,000 overall. If you hit this limit, you’re disqualified from the challenge.
In Phase 1, your goal is to make a 10% profit on your initial account balance. For example, if you start with $10,000, you need to reach $11,000 to move to Phase 2. In Phase 2, the target is smaller at 8%. If you start Phase 2 with $11,000, you need to reach $11,880 to pass. You can take your time to hit these goals since there’s no time limit.
When you join the challenge, you pay a fee upfront. If you pass and start trading on a live account, this fee is refunded in your first payouts
With leverage, you can control a larger trading position with a smaller amount of your own money. TradeApp offers leverage of up to 1:100, meaning for every $1 you have in your account, you can trade as if you had $100.
Scaling Plan
Traders will receive a Funded Account after they pass their Challenge, with the Balance and Drawdowns of the account being identical to the Challenge he passed.
To scale up a Funded Account, the following objectives must be achieved:
Funded Account lifetime must be above 60 days
Received at least 2 payouts in the same Funded Account
Generate a total profit of +10% of initial balance (including any paid out amount)
After the 3 objectives are met, a trader can request a Payout from their Dashboard and a Scale up by emailing the customer support team. Upon confirmation of the above objectives, the balance of the account will be adjusted to +25% Balance increase.
Every 4th scale-up will serve as a milestone. Because we value consistency and long term partnerships the new balance at that point will be the basis for the next 25% increase.