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If you have any unanswered questions simply email Support@thepropvault.com and we’ll aim to reply within 24 hours.
A soft breach means that we will close all trades that have violated the rule(s). However, a soft breach allows you to continue trading on your assessment phase or proceed with your funded account if you have already passed the challenge.
A hard breach occurs when you violate either the daily loss limit or the maximum trailing drawdown rule. Violating one or both of these rules will result in a hard breach, meaning you will fail the assessment phase, or your funded trading account will be terminated. A hard breach may also occur if the risk department find you to be violating the terms and conditions, such as but not limited to: using prohibited strategies. This may result in your account being terminated. No refunds will be provided for an account that receives a hard breach and is terminated.
The equivalent of 1 lot for different trading contracts is as follows:
The maximum lots available to a trader across all pairs at any given time depend on the account size purchased:
Example:
If you are trading on a $100,000 account and enter a long position in EUR/USD with 20 lots at a price of 1.2000 and a stop loss at 1.1800, you have 20 lots placed with risk, leaving 20 lots remaining. If the price moves up and you place your stop loss at 1.2000, you no longer have risk on your trade. Consequently, you would then have 40 lots available to trade, in addition to the 20 lots already open.
Important Notes:
The inactivity rule ensures your account remains active. Traders must place at least one trade within a 30-day period.
Failure to do so will result in your account becoming inactive, leading to a breach.
Our assessment accounts are equipped with built-in technology that allows us to analyze your performance in real-time. This technology monitors achievements and breaches, so you must use the account provided by us.
The platforms currently available for traders are:
The available products for trading are:
For a full product list, please contact our support team.
The leverage is as follows:
Indices – 1:10
Metals – 1:18
Forex – 1:100
Crypto – 1:2
We do not control trading hours. You can view the trading hours for each product by right-clicking on any product in the Market Watch window of your platform and selecting Specifications from the dropdown menu.
Note: Holidays may impact trading hours. Additionally, per the “no holding trades over the weekend” rule, we close all open trades at 3:45 PM EST on Fridays.
The Daily Drawdown limit for accounts is calculated based on the previous day’s balance at 5 PM EST. Please review individual account rules for specific details.
No. Our MT5 accounts have 0 commissions.
No, the use of any Expert Advisors (EAs) is strictly prohibited on any of our accounts.
What Happens If I Use an EA?
If a trader is found using an EA, their account will be immediately terminated.
Why Are EAs Not Allowed?
We enforce this rule to ensure that all trading is conducted manually, maintaining fairness and consistency across all accounts.
No. Malicious trading practices are strictly prohibited, including but not limited to:
Note: Off-the-shelf EAs marketed for passing challenges are not representative of profitable trading and are classified as malicious practices.
If found engaging in malicious practices, your account will be terminated, and you will be blacklisted from the program. Refunds will not be issued.
When trading on a funded account, you are treated as an independent contractor. You are responsible for all taxes on your profit share. We do not provide tax advice.
The following strategies are prohibited, whether automated or manual:
Yes, you can copy trades manually from any of your accounts, including external accounts. However, the source account must be in your name. Copying trades from third parties is prohibited and will result in a breach of contract.
You must be at least 18 years of age to purchase an assessment.
The Auto-Close feature automatically closes all trades once you hit the profit target during the challenge phases. This ensures smooth progression to the next stage.
Note: MetaQuotes may take up to 7 seconds to send data back to our systems. Trades must remain above the profit target during this time to trigger the auto-close.
We utilise external parties to issue trader agreements and process withdrawals. Upon passing your assessment phase with us, you will receive an email from our partner with details on how to access and complete your trader agreement.
Once this agreement is completed and signed, and your ‘Know You Customer (KYC)’ documents have been provided, your funded account will be created, funded and your account details issued to you typically within 72 hours, although this may take longer in some circumstances.
Traders can hold trades for as long as they wish. However, we do require traders to hold their trades for a minimum of 60 seconds.
This is to ensure malicious trading practices are not being used and correct risk management is being adhered to.
The maximum profit cap per trading account is 5% of the initial starting balance. This means that the total amount payable on a single trading account cannot exceed 5% of its original balance.
How is the Maximum Profit Cap Calculated?
For example:
If your account has an initial balance of $100,000, the maximum profit cap is $5,000.
What Happens When the Profit Cap is Reached?
If a trader requests more than 5% profit, anything over the 5% will be void.
On our funded accounts, traders must adhere to a maximum 2% risk per trading setup rule. This ensures that all trading aligns with proper risk management and promotes consistent, disciplined trading practices.
How is the 2% calculated?
The 2% risk is based on the initial balance of the account.
Example:
For a $100,000 account, the maximum risk per trading setup is $2,000.
This rule is in place to protect both the trader’s and the firm’s capital to ensure a sustainable trading environment.
Any trading setup over this level will be forfeited.
Yes, the same general terms and conditions apply, as well as some extra. So please make sure to check our terms and conditions fully.
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