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Frequently Asked Questions

2 step challenge rules

9 Question
01

What rules should I follow in the 2-Stage Challenge?

last update : July 21

To ensure a good and successful trading experience with us, please review the following items.

Maximum Daily Drawdown: Our daily stop-loss specifies that you are allowed to lose up to 5% of your initial account balance on any given day.

Overall Drawdown: You are allowed to lose up to a maximum of 12% of your initial account balance.

Minimum Trading Days: In the 2-Stage Challenge, there are no minimum or maximum trading days during the evaluation phases. You can reach the profit target in one day or in one year.

Prohibited Trading Strategies: Proopco strictly prohibits any form of cheating or exploitation of the platform, as it contradicts the terms and conditions of using our services. Therefore, traders are requested to fully read the terms and conditions to avoid any issues.

If this answer was not sufficient or you need further clarification, please contact our support team at +98 21 910 98 999 for more detailed assistance.
02

What is the profit target for the 2-Stage Challenge?

last update : July 21

The profit target for the 2-Stage Challenge is as follows:

Phase 1: In this phase, you need to achieve an 8% profit target, but there is no time limit to reach this goal, which allows you to trade freely.

Phase 2: In this phase, you need to achieve a 5% profit target, but there is no time limit to reach this goal, which allows you to trade freely.

Real Account (Proopco): In this account, there is no profit target or limitations.

If this answer was not sufficient or you need further clarification, please contact our support team at +98 21 910 98 999 for more detailed assistance.
03

How many days do I have to complete Phase 1 and Phase 2 of the 2-Stage Challenge?

last update : July 21

There is no time limit for completing Phase 1 and Phase 2 of the 2-Stage Challenge.

You are free to take as much time as you need to complete each phase, so please do not rush. Trade with appropriate risk management to successfully complete each phase in the best possible manner.

If this answer was not sufficient or you need further clarification, please contact our support team at +98 21 910 98 999 for more detailed assistance.
04

Can I pass each phase of the 2-Stage Challenge with a single trade?

last update : July 21

Yes, since the 80% profit rule does not exist in Proopco, you can pass each phase of the 2-Stage Challenge with a single trade.

If this answer was not sufficient or you need further clarification, please contact our support team at +98 21 910 98 999 for more detailed assistance.
05

What are the minimum trading days in the 2-Stage Challenge?

last update : July 21

In the 2-Stage Challenge, there are no minimum trading days during the evaluation phases or in the Proopco (real) account. It is even possible to reach the real account in one day.

If this answer was not sufficient or you need further clarification, please contact our support team at +98 21 910 98 999 for more detailed assistance.
06

What is the maximum daily drawdown?

last update : July 21

For the 2-Stage Challenge:

Traders are allowed to lose up to 5% of their initial account balance on any given day. If your initial account balance is $25,000, 5% of that amount is $1,250. Therefore, at any point during the day, if your losses (open positions + closed positions) exceed $1,250, you have surpassed the daily drawdown limit.

If this answer was not sufficient or you need further clarification, please contact our support team at +98 21 910 98 999 for more detailed assistance.
07

What is the maximum overall drawdown?

last update : July 21

For the 2-Stage Challenge:

Traders are allowed to lose up to a maximum of 12% of their initial account balance as the overall drawdown limit during each phase.

If this answer was not sufficient or you need further clarification, please contact our support team at +98 21 910 98 999 for more detailed assistance.
08

Can I trade during news events?

last update : July 21

Yes, there are no restrictions on trading during news events, and profits are calculated.

If this answer was not sufficient or you need further clarification, please contact our support team at +98 21 910 98 999 for more detailed assistance.
09

Can I keep my trades open overnight or over the weekend?

last update : July 21

Yes, in all the challenges offered, traders are allowed to keep their trades open overnight or over the weekend.

If this answer was not sufficient or you need further clarification, please contact our support team at +98 21 910 98 999 for more detailed assistance.