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As an online virtual proprietary funding company created by traders, our passion lies with providing opportunities to new traders looking to scale up their trading career by becoming a funded trader.
In the past, obtaining trading capital has been a roadblock for many traders but with our innovative funding program, any trader can scale up their capital significantly.
The 10% Drawdown Challenge is designed for traders who are consistently profitable and can maintain consistent results while adhering to stringent risk management criteria. This challenge consists of two phases to ensure that trades can be managed effectively, risk management can be followed, and profits can be made consistently.
The Prop Vault ensures that we provide traders with the most trader-friendly rules and innovative features for their challenge accounts.
Our key benefits include:
As we are funding traders, we need to implement certain rules to ensure that our traders manage risk correctly and avoid trading in ways that exploit the funded trading industry.
We do not allow trading styles deemed malicious, including but not limited to:
Companies marketing off-the-shelf EAs aimed at passing Evaluations/Funded Challenges are not a representation of a profitable trader and fall under malicious practices.
Violation Consequences:
If you are found to be engaging in malicious practices, your account will be breached, you will be blacklisted from TPV, and no refund will be given.
The inactivity rule is in place to ensure that your account remains active. We require our traders to place at least one trade within a 30-day period.
Failure to comply: Failure to do so will result in your account becoming inactive, leading to a breach.
Maximum Trade Profit Rule:
To maintain balanced profitability and mitigate risk, no singular trading setup can contribute more than 20% of your cumulative profits.
Example:
Cumulative Profits: $10,000.
Maximum Allowable Profit per Trading setup: $2,000.
If a trade’s potential profit exceeds $2,000, adjust the position size accordingly to comply with the rule.
Steps to Ensure Compliance:
Risk-Adjusted Position Sizing:
Before entering a trade, calculate its potential profit to ensure it does not exceed 20% of cumulative profits.
Adjust position size, stop-loss, and take-profit levels to remain compliant with this rule.
These measures are designed to promote disciplined trading and ensure account stability.
This rule applies to funded accounts.
We allow traders to place and close trades during news on all challenge phases without penalties.
For live funded accounts, however, trades must not be placed or closed within 2 minutes before or after high-impact news events (red folder events). Violating this rule will result in profits being deducted, and the account will be terminated. We advise traders to monitor news events carefully.
The leverage for this account type is structured as follows:
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.
To maintain consistency and manage risk effectively, we follow a structured approach to calculating and regulating lot sizes:
We analyze trades over a specific period to determine the average lot size for each asset class.
The maximum allowable trade size is capped at twice the calculated average lot size.
This method ensures that traders maintain consistent position sizing while adhering to proper risk management rules.
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All the information on this website – thepropvault.com – is published in good faith and for general information purpose only. The Prop Vault does not make any warranties about the completeness, reliability and accuracy of this information. Any action you take upon the information you find on this website (The Prop Vault), is strictly at your own risk. The Prop Vault will not be liable for any losses and/or damages in connection with the use of our website. From our website, you can visit other websites by following hyperlinks to such external sites. While we strive to provide only quality links to useful and ethical websites, we have no control over the content and nature of these sites. These links to other websites do not imply a recommendation for all the content found on these sites. Site owners and content may change without notice and may occur before we have the opportunity to remove a link which may have gone ‘bad’. Please be also aware that when you leave our website, other sites may have different privacy policies and terms which are beyond our control. Please be sure to check the Privacy Policies of these sites as well as their “Terms of Service” before engaging in any business or uploading any information.