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To start using the Prop Trading System, you will need to install it via the CRM marketplace and provide the respective permissions. To do so, follow these steps:
Navigate to CRM Marketplace.
Locate and click on Prop Trading Challenge Module.
You will be redirected to the Prop Trading Challenge details page.
To proceed with the installation, contact your dedicated account manager.
Once Prop Trading has been installed, you will need to grant the respective permissions to your team and your clients.
For your clients, you will need to provide the following permissions under Client Group:
For your team members, you will need to provide the following permissions under Role Management:
Once the respective permissions have been granted, you will be able to see the Prop Trading module in the navigation bar.
Your clients will also be able to see the Prop Trading tab in the CRM Client Portal.
Once the respective permissions are enabled, you can access the "Dashboard" in the side menu. Click on it to view the Prop Challenge Dashboard.
The Prop Challenge Dashboard includes the following:
Financial Overview
Participants Statistics
Challenge Performance Statistics
On the Prop Challenge Dashboard, you can tailor the insights to your needs by filtering the chart based on challenge status and time frame.
The financial overview chart provides a detailed snapshot of your prop business's financial performance, including key metrics such as profit, loss, profit-sharing payouts, participation fees, and the total funded amount.
Broker's Profit = Total trading profit – total profit sharing paid to traders
Broker's Loss = Equity at the time of challenge failure - Initial Amount
Profit Sharing Payout = Total amount of profit sharing paid out to traders
Participation Fee = Total participation fee collected from trader
Total Funded Amount = Total funded amount of trading accounts
The financial overview chart exclusively displays data from prop challenge stages where profit-sharing is enabled. If profit-sharing is not enabled, the corresponding data will neither be calculated nor shown.
Hover your cursor over the chart to view detailed insights for each prop challenge.
Tooltips have been added to the chart legend to provide further clarity on the figures. Simply hover over the "?" icon for explanations.
Evaluating the Success of Demo Challenges in Filtering Skilled Traders
The chart helps you analyze your trader's profit and loss from live challenges to determine the effectiveness of the demo stage in identifying skilled traders.
A higher broker profit in live challenges suggests that the demo stage successfully identified traders capable of generating profits in the live environment.
Conversely, a higher level of broker losses may indicate that the demo stage did not effectively screen for skilled traders. This insight prompts you to adjust demo challenge parameters to ensure only qualified traders advance.
By comparing revenue and loss across challenges, you can refine the demo-to-live transition process and improve their selection criteria for better outcomes.
Evaluating Challenge Attractiveness
You can analyze total participation fees collected across challenges to assess their appeal to your traders.
Challenges with higher participation fee revenue indicate greater trader interest and engagement.
Evaluating Risk Exposure and Return on Investment (ROI)
The chart allows you to compare the total funded amount with the revenue generated for each challenge. Revenue is calculated as the sum of broker revenue and participation fees collected.
A low ROI, where the total funded amount significantly exceeds the revenue generated, may indicate excessive risk exposure relative to returns.
The Participants Statistics charts provide a comprehensive view of your prop challenges' participant data, including key metrics such as unique participation, total challenges purchased, and the participation fees collected.
Participant statistics include:
Unique Participation: The total number of distinct clients participating in challenges. Clients participating in multiple challenges are counted once.
Purchased Challenges: The total number of challenges purchased, including multiple purchases by the same client.
Participation Fee: The total participation fee collected.
You can toggle between Daily or Monthly data using the dropdown menu, allowing you to adjust the chart’s time frame to suit your analysis.
Selecting Daily will display data on a daily basis, giving you a detailed, day-by-day breakdown of participant statistics.
Choosing Monthly will show statistics summarized by month, providing a broader view of trends over time.
Each chart comes with an expand or collapse feature, allowing you to adjust the display based on your needs.
By clicking the expand icon, you can enlarge the chart to focus on detailed data.
Conversely, you can click the collapse icon to minimizes the chart, giving you a more streamlined view of the dashboard.
Hover over the chart to view detailed insights for each prop challenge.
Below the charts, you will find the Legend Filter with quick access buttons to help you refine your data:
Select All: Displays all challenges.
Unselect All: Hides all challenges.
Additionally, below the quick access buttons, you will see a list of prop challenges.
You can select or unselect individual challenges to show or hide their data.
Greyed-out challenges are hidden, while colored challenges are currently displayed on the chart.
Unique Participants
By analyzing the Unique Participants chart, you can evaluate the appeal and effectiveness of challenges based on the number of new participants they attract daily or each month.
This comparison helps identify which challenges are consistently attracting attention and which may be losing popularity.
If a challenge shows declining participation, you can adjust its parameters, such as difficulty level or rewards, to boost interest.
Challenges with higher engagement can also be prioritized for marketing efforts, ensuring resources are focused on the most successful offerings.
Purchased Challenges
The Purchased Challenges chart reveals how often challenges are purchased daily or monthly, providing insight into client behavior and engagement.
Comparing this data with the Unique Participants chart allows you to assess which challenges are driving repeat purchases.
Participation Fee
The Participation Fee chart tracks the total fees collected across different challenges, offering insights into the financial performance of each challenge.
By analyzing this data, you can identify which challenges are generating the most revenue and assess their profitability and market appeal.
This chart displays the success and failure rates of your prop challenges across their various stages.
You can select which prop challenge you would like to view performance statistics for by choosing it from the dropdown menu.
The statistics are divided into two charts:
Successful Participants: Participants who successfully passed the challenge.
Unsuccessful Participants: Participants who failed to pass the challenge.
The Challenge Performance Statistics helps you analyze the success rates of each challenge, evaluating how well it filters skilled traders.
A high success rate with a low failure rate might suggest the challenge is too easy, requiring adjustments to ensure only highly skilled traders advance.
A high failure rate may indicate the challenge is appropriately difficult, but you might consider introducing repeat incentives to boost engagement while maintaining a challenging environment.
With these insights, you can consider to:
Adjust the parameters of underperforming challenges to enhance their appeal.
Increase marketing efforts to raise awareness of these challenges.
This analysis enables you to refine your offerings and optimize strategies for attracting traders while maximizing revenue.
By aligning risk with profitability, you can enhance financial sustainability and ensure the long-term viability of your challenges.
Terminated Only: Shows only terminated challenges.
To quickly find a specific challenge, use the search function to type the name of the challenge you wish to display or hide.
Challenges with no repeat purchases may point to retention issues or lack of appeal. This data can help refine challenge offerings, pricing strategies, or incentive programs to improve client engagement.
You can view participant details and their respective challenge progress through the Participants section in the side menu.
You will be able to see the names of participating clients, the selected challenges, their current progress within the challenge, their trading account number and many more:
Equity - Updated at every 10-minute interval.
Max Daily Loss Progress Bar - Updated at every 10-minute interval.
Max Loss Progress Bar - Updated at every 10-minute interval.
Profit Target Progress Bar - Updated on a daily basis.
You can also refine your search by selecting a specific challenge from the dropdown menu provided.
To delve deeper into a specific participant's details, simply click on the "View" icon.
You'll be directed to a detailed page offering an overview of the participant's progress. Here, you can also access profit sharing and trade history reports for the participant.
Under the Overview tab, you gain a comprehensive view of your prop challenge statistics, including profit targets, maximum losses, and more.
Max loss and max daily loss are updated every 10 minutes.
In the Profit Sharing tab, you can view the amount your clients receive from profit sharing and their respective payout status.
In the Trade History tab, you can access a record of the trades your client has executed for the challenge, along with their respective details.
You can tag your prop traders as "Real" or "Demo" to ensure your Prop Challenge Dashboard reflects only live client data, providing cleaner and more actionable insights for effective decision-making.
The rest of the data are updated once a day.
Additionally, you can access your account information, encompassing:
Trading Status: Indicates whether the trading account status is enabled or disabled.
Start Date: Marks the challenge's initiation, signaling when you receive your trading account credentials.
End Date: Indicates the challenge's conclusion. If ongoing, "N/A" will be displayed.
Initial Balance: Represents the starting balance of the trading account.
Current Stage: Identifies the current stage of the challenge.
Status: Depicts the challenge status, such as failed, in progress, completed, and so forth.
Additionally, you can view a graph illustrating the fluctuations in your balance and equity over time. You can filter the graph via Last 24 Hours, Last 7 Days or Last 30 Days.
Furthermore, you have the option to select the trading accounts you wish to view details for. If your client has progressed to the second stage, you can still access their stage 1 details by selecting the corresponding trading accounts.
You can also easily identify your challenge progress with color-coded indicators that adjust based on key thresholds, offering a clear visual of your client's standing.
Profit Target, Minimum Trading Days, Minimum Trading Volumes:
Gray: 0 < progress < 50%
Yellow: 50% ≤ progress < 100%
Green: Progress = 100%
Max Daily Loss, Max Loss, Trading Period, Free Repeat:
Gray: 0 < progress < 50%
Yellow: 50% ≤ progress < 100%
Each challenge parameter also features on-hover explanations and underlying logic, providing you with clarity on every criterion.
To participate in Prop Challenges, follow these steps:
Your client will need to navigate to "Prop Trading" and click "New".
By default, the full list of ongoing challenges will be displayed.
To refine their search, your clients can select keywords.
When they choose a specific keyword, the list of challenges related to it will be displayed.
Your clients can click on a challenge to view the full details below.
Click "Start Now" to participate.
Your client will be directed to the payment page, where they can select their preferred payment method and click "Complete Payment".
For Direct Purchase, your client will need to select their preferred payment method and complete the purchase.
For deduction from trading account or wallet, your client can select the account they wish to deduct from and complete the payment.
Upon submission, clients will be redirected to the "Request History" page. They will be able to view the status of their request here.
You will need to navigate to CRM Back Office > Approvals > Prop Trading Participation.
Review and approve the client's participation request.
Upon approval, your client will receive a notification via email, containing their trading account credentials
With these credentials in hand, clients can log in to their trading accounts and commence trading for the challenge.
Once done, their participation request will be submitted to you for review.
Profit sharing distribution enables you to disburse a percentage of your challengers' trading Profit and Loss (PNL) to both the challenger and their uplines.
Profit sharing will not be distributed if the challengers' PNL is negative.
Profit Sharing Disbursement Steps:
Profit Sharing Settlement: The system calculates the profit sharing amount to be paid out. Once this is completed, the challenger's trading account balance will be reset to the initial funding amount. For example, if a challenger profits $10,000 and profit sharing is distributed, the trading account balance will be reset to the initial funding balance.
Profit Sharing Payout: The calculated profit sharing amount is distributed to the challenger's CRM wallet.
Profit Sharing Settlement Periods:
Every Fixed Number of Days: For instance, if set to 5 days, profit sharing distribution will occur every 5 days. If a challenger successfully passes a stage on January 10, the profit sharing distribution will occur on January 15.
On a Specific Day of the Month: For example, if set for the 25th of the month, profit sharing distribution will occur on the 25th of every month.
Profit Sharing Methods
Manual Distribution: Requires manual review and approval before the profit sharing amount is distributed to the recipients' wallets.
Automatic Distribution: The system automatically distributes the profit sharing amount to the intended recipients' wallets without manual intervention.
Profit Sharing to Uplines:
Define which client types are eligible to receive profit sharing distribution (Traders or IBs). If selecting all clients, profit sharing will be paid out to uplines regardless of their client type. Choosing only "IBs" means that only uplines who are IBs will receive profit sharing, and uplines categorized as "Traders" will not receive any profit sharing.
You can manually initiate profit sharing settlement outside the scheduled settlement period. Do note that manual triggering of profit sharing is not possible if the challenger has open positions.
To manually trigger profit sharing distribution, follow these steps:
Navigate to Participants.
Locate the specific challenger for profit sharing settlement and click the "Profit Sharing" icon.
A popup notice will appear for your confirmation. Click "Confirm" to proceed with the settlement.
The Prop Trading system is organized into the following sections:
Dashboard: Experience visibility into your prop trading operations, including financial metrics, participant engagement, and trader success rates.
Challenge Settings: Configure and customize your prop challenges by setting the parameters and rules.
Participants: Access detailed information about registered participants and monitor their progress in the challenges.
Reports: Generate comprehensive reports on challenge statistics, including trade history, commission payouts, and profit-sharing distribution.
You can easily navigate between these sections using the side navigation menu.
Manual: Profit sharing settlements will only be triggered manually by you. However, the system will automatically initiate profit sharing settlement when a trader passes or fails a challenge.
You can manually trigger profit sharing for each challenger only once a day. If you've already initiated the process on a given day, an error message will appear to notify you that it has already been completed.
Here's an overview of the prop challenge structure:
You have the flexibility to configure multiple prop challenges for your clients to participate in. Within each challenge, you can customize the number of steps and choose whether each step unfolds in a demo environment with virtual funds or in a live environment with a fully funded trading account. The challenge's complexity increases with the number of steps, providing clients with a progressively challenging experience before reaching the live funded stage.
Additionally, you can set parameters such as profit targets, maximum drawdown, and more for each prop challenge. This customizable approach enables you to finely adjust the difficulty level and progression within your trading challenges.
Furthermore, prop challenges can be categorized into different challenge types. These challenge types serve as keywords for your clients, allowing them to filter and refine their search to find the most suitable prop challenge for their needs.
The Proprietary (Prop) Trading Challenge System empowers you to effortlessly launch Prop Challenges as a new and innovative way to engage and retain clients. Successful traders can even access funded accounts, making it a compelling feature to attract and reward skilled traders. Join us in revolutionizing your business and capitalize on the latest trading trend! Our Prop Trading Challenge system is available to all MT4, MT5 and Fortex Brokers.
You can manually promote traders to the next stage when exceptions arise—perfect for handling edge cases, disputes, or fast-tracking high-potential candidates. Enjoy added flexibility without changing your core evaluation framework.
To advance traders, you will need to assign the respective permission:
Manual Advancement - Provides rights to advance a trader to the next prop challenge stage.
Only traders currently "In Progress" are eligible for manual advancement. Those who have already passed or failed cannot be advanced.
If there are open positions, the advancement cannot be performed until those positions are closed.
To advance a trader to the next stage, follow these steps:
Select "Participants".
Locate the trader you wish to manually advance to the next stage.
Click the "Manual Advancement" icon.
A popup notification will appear to inform you that if the account qualifies for profit sharing, the system will automatically settle the profit during the advancement process. Click "Confirm" to proceed.
If the next stage is a demo stage, the trader will receive new trading credentials to continue the challenge.
If the next stage is a live stage, a live stage request will be generated. You must approve or reject this request:
Approve: The trader receives credentials for the live account.
Reject: The challenge will be marked as failed
You have the capability to terminate ongoing challenges or delete upcoming and concluded challenges.
Challenges can be deleted if they are upcoming or have already ended. Deleting challenges will remove them fully from the CRM.
If a challenge is currently ongoing, a terminate icon will be visible instead of a delete icon. Terminating a challenge ensures it is no longer visible to clients, yet participants will still have access until their challenge concludes. Once there are no active participants, you can proceed to delete the challenge.
To delete a challenge, follow these steps:
Locate the prop challenge you want to delete and click the "..." icon and select "Delete." The "Delete" button will not be visible for prop challenges that have active participants.
A popup message will appear to inform you that deleting the prop challenge will remove all historical data associated with the challenge. Click "Confirm" to proceed.
To terminate a challenge, follow these steps:
Locate the challenge you wish to terminate, click the "..." icon and select "Terminate Challenge".
A popup notice will appear for you to confirm your action.
Click "Confirm" to proceed.
If there are active participants for this challenge, you will not be able to delete this challenge.
If there are no active participants for this challenge, you will be able to see the "Delete" icon and can proceed with the deletion.
To view your prop challenges, navigate to the Challenge Settings menu.
By default, the challenges are displayed in List View, offering a clear and organized list of all prop challenges.
If you prefer a more visual presentation, you can switch to Card View by selecting the 'Card' option. This will instantly transform the display into visually appealing cards for each challenge.
Additionally, you can customize the arrangement of challenges to create a personalized viewing experience. Simply click and drag a challenge to reorder it according to your preferences, making it easy to highlight the challenges that matter most to you.
To create a new prop challenge, follow these steps:
Navigate to Prop Trading > Challenge Settings.
Click on "New Challenge".
Fill in the "Basic Information" of the challenge:
Challenge Name
Account Currency
Challenge Type - Refer to this link for more details:
Fill in the Challenge Rules.
Configure the number of steps you require in your challenge.
You can add new steps by clicking the "+" icon.
You can delete steps by clicking the "Delete" icon.
Select the Payment Method for the Registration Fee (if any). The available payment methods are:
Purchase Package Directly - You will need to select the payment methods accepted.
Deduct from Account Balance
Fill in the profit sharing details.
Specify the steps at which you want profit sharing to be distributed. Enable profit sharing for various steps by clicking the "Enable" button.
Enter the profit sharing percentage for each recipient. Additionally, determine the number of upline levels for profit sharing distribution by clicking the "Add" icon.
Choose your commission structure: Level or Rank.
If Rank is selected, choose the applicable "Rank Structure".
Opt to "Include Challenger" if you want to pay out commissions to the prop challengers.
Upon clicking "Publish", you can review the challenge parameters configured.
Click "Publish Now" to proceed.
A popup notice will appear for you to confirm your action. Click "Confirm" to proceed to publish your challenge.
Challenge types are displayed as keywords, enabling your clients to easily browse and filter prop challenges.
To add a new challenge type:
Enter the desired type in the dropdown menu and press Enter.
Below are the definitions for various parameters used in setting up prop trading challenges:
You can set up two different commission structures: Level Structure and Rank Structure.
For Level Structure:
Add the number of levels for commission payouts by clicking the "Add" icon.
Enter the commission amount.
If "Include Challenger" is selected, the first level defaults to the challenger.
For Rank Structure:
The tiers for the selected rank structure will be displayed automatically.
Enter the commission amount for each tier.
Configure overriding and same rank commission accordingly.
You have the flexibility to assign different challenges and packages to specific client groups, tailoring offerings to their unique business requirements. Assigned client groups gain visibility of the challenge and packages, while unassigned groups won't have access.
All client groups will be automatically selected by default for existing challenges and packages.
Modifying assigned client groups is possible even after the challenge has commenced.
Existing challengers can still view and participate in the challenge, even if they are not part of the assigned client groups. However, upon completion or full failure of the challenge, participants will no longer have visibility of the challenge.
To assign a challenge/package to client groups:
Locate the challenge/package and click the "Client Groups" icon.
Select the client groups where the challenge and package will be visible.
Click "Save."
If a challenge or package does not have any assigned client group, an "!" icon will remind you to make an assignment.
You can also efficiently create new challenges by duplicating existing ones, saving time on repetitive data entry. To duplicate prop challenges, follow the steps below:
Locate the prop challenge you want to duplicate and click the "Duplicate Challenge" icon.
The challenge will be duplicated, and "-copy" will be appended to the challenge name to indicate it as a duplicate.
The duplicated challenge will be automatically saved as a draft.
The CRM compares the latest obtained equity with the equity at the end of the previous day to determine if the trader has reached the maximum daily loss threshold.
Challenge fails when: Latest Equity - Previous Day Equity ≤ - Maximum Daily Loss
For Example:
Initial Equity: $10,000
Maximum Daily Loss = 5% x $10,000 = $500
The CRM compares the latest obtained equity with the initial equity to determine if the trader has reached the maximum loss threshold.
Challenge fails when: Latest Equity - Initial Equity ≤ - Maximum Loss
For Example: Initial Equity: $10,000
Maximum Loss = 10% x $10,000 = $1,000
You can safeguard your challenge setup progress by saving challenge edits as drafts. This allows you to seamlessly resume your work at your convenience, ensuring no data is lost in the process. When ready, effortlessly publish your finalized and verified challenges.
To edit your prop challenges, follow these steps:
Challenge Time Zone
Challenge Start Date & Time
Select Card View Content Display
Stage 1 Rules: Content displayed on the challenge card will be the rules set for stage 1.
Highest Value Across Stages: Content displayed on the challenge card will be the highest value across all stages. For instance, if the profit target for stage 1 is 10% and for stage 2 is 20%, the challenge card will display the profit target of 20%.
Click "Next" to continue with the setup of the challenge or click "Save and Exit" to save the challenge as a draft.
Configure the settings for each step. For more details, please refer to this link: C) Challenge Parameter Definitions
You have the capability to conceal specific challenge settings from clients by selecting the "Hide" icon.
Additionally, you can customize the challenge settings name in your preferred languages.
To achieve this, just click the "Language" icon.
Enter the challenge settings name in the respective languages.
Click "Save".
Furthermore, you can configure Prop Trading Alerts to enhance client engagement throughout their prop challenge journey.
You can do so by clicking the "Notification" icon for the parameter you want to set.
Enter the required details and click "Confirm". Your clients will now receive notifications accordingly.
For more details on the Prop Trading Alert Threshold, please refer to .
Decide whether you want to upgrade traders to the next step immediately after they pass the previous step. If you select "Yes", the trader will be upgraded to the next step at the end of the day if the profit target is met, without the need to wait for the trading period to conclude.
Indicate whether the fee is refundable.
Click "SAVE AND EXIT" to save your challenge as a draft or click "NEXT" to continue.
Select the profit sharing settlement period:
Profit Sharing Every Fixed Number of Days - you will need to specify the required number of days.
Day X of Every Month - you will need to enter the desired day. If set to the 31st day and the month lacks a 31st, the settlement will automatically occur on the last day of the month.
Manual - This means that profit sharing settlements will only be triggered manually by you. Exceptions are when your trader passes or fails a challenge; in these cases, the system will automatically initiate profit sharing settlement.
Configure the Profit Sharing Conditions:
Minimum Days After Account Creation: The minimum number of days that must pass after a trader's account is created before they qualify for profit sharing. For example, if set to 5 days, profit sharing will only be considered after 5 days from the account creation date.
Minimum Trading Days: The minimum number of days a trader must have placed trades before qualifying for profit sharing. For example, if set to 3 days, profit sharing will only be considered after the trader has placed trades on at least 3 separate days.
You can configure these conditions with an "AND" or "OR" policy.
The "AND" policy means both conditions must be fulfilled.
The "OR" policy means either condition can be fulfilled.
Minimum Profit: The minimum profit a trader must achieve to qualify for profit sharing. For example, if set to $1,000, the trader must have a closed P&L of at least $1,000, calculated as current balance - initial balance.
Similarly, you can configure either "AND" policy or "OR" policy.
Profitable Days: The number of profitable days required for a trader to be eligible for profit sharing.
Profit: Defined as a percentage of the initial balance. For example, if the initial balance is $100,000 and the required percentage is 8%, the trader must make at least $8,000 in profit for the day to be counted as a profitable day.
Number of Days: The minimum number of profitable days required.
Choose between automatic or manual profit sharing methods.
Manual Distribution: Manual review and approval from you are required before the profit sharing amount is distributed to the recipients' wallet.
Automatic Distribution: The system automatically calculates and distributes the profit sharing amount to the intended recipients' wallet. No manual intervention is needed.
Indicate the upline client types eligible to receive profit sharing distribution—either all client types or IBs only.
Click "SAVE AND EXIT" to save your challenge as a draft or click "NEXT" to continue.
Fixed Amount
Percentage of Participation Fee (As Configured)
Percentage of Participation Fee (After Discount)
Refer to this section for more details: D) Participation Fee Commission
Click "SAVE AND EXIT" to save your challenge as a draft. Or click "Publish" to immediately publish your challenge.
You will see that the challenge status is now "Published".
Ensure that the challenge type is filled in all relevant languages.
Once created, the new challenge type will appear in the dropdown list and can be assigned to other challenges.
Your clients can select a challenge type, and the relevant list of challenges associated with it will be displayed.
To set up overriding commission and same rank bonus, you will need to select a "Rank Structure."
Set up overriding commission and same rank bonus under the respective tabs.
You can then proceed to edit and publish the prop challenge as needed.
$10,000
$11,000
$11,000 - $10,000 = $1,000
$1,000 ≥ - $500 Challenge has not failed.
$11,000
$8,500
$8,500 - $11,000 = -$2,500
-$2,500 ≤ -$500 Challenge has failed.
$10,000
$11,000
$11,000 - $10,000 = $1,000
$1,000 ≥ - $1,000 Challenge has not failed.
$10,000
$8,500
$8,500 - $10,000 = -$1,500
-$1,500 ≤ -$1,000 Challenge has failed.
Step Name
The designated name for each stage of the challenge, such as "Preliminary Stage" or "Funded Stage."
Ensure that the step name is provided in all relevant languages.
Account Type
Choose between "Demo" (simulated trading) or "Live" (real funds trading) account types.
Initial Balance Amount
The starting balance in the trading account when your client registers for the prop challenge.
Server Group
Select the trading platform and corresponding trading groups to which the trading account will be assigned.
Leverage
The leverage available to your client for trading during the challenge.
Trading Period
The duration of the challenge in days. Clients must achieve the challenge target within this period.
You can choose an unlimited trading period or manually enter the number of days.
Minimum Trading Days
The minimum number of days your client must trade to pass the challenge.
Minimum Trading Volume
The minimum number of lots that must be traded by your client to pass the challenge.
Maximum Daily Loss
The maximum loss allowed within a single day.
Calculation Logic:
Net Equity: The system updates equity every 10 minutes. If the difference between the current equity and the previous end-of-day equity exceeds the maximum daily loss threshold, the challenge will fail.
Profit and Loss (PNL): At the end of each day (00:00 challenge time zone), the PNL of all closed orders is calculated chronologically. If the total cumulative loss exceeds the maximum daily loss threshold, the challenge will fail.
Please refer to this link for calculation examples:
Maximum Loss
The maximum cumulative loss allowed throughout the challenge.
Calculation Logic:
Net Equity: The system updates equity every 10 minutes. If the difference between current and initial equity exceeds the maximum loss threshold, the challenge will fail.
Profit and Loss (PNL): At the end of each day (00:00 challenge time zone), the system calculates the PNL of all closed trades in chronological order from the start of the challenge. If the total cumulative loss exceeds the maximum loss threshold, the challenge will fail.
Please refer to this link for calculation examples:
Profit Target
The profit goal that must be achieved to successfully complete the challenge.
Calculation Logic: The system updates PNL every 10 minutes to check if the profit target has been met. Once the target is reached, at 00:00 in the challenge time zone, the system updates the challenge progress accordingly.
Allow Retry
Indicates whether clients can retry the prop challenge stage. Traders must first fail the challenge in order to be eligible for a retry.
Retry Fee
The fee required for retrying a prop challenge stage. You can select "Free" or "Chargeable". If you select "Chargeable", you will need to enter the desired fee amount.
No. of Retry Attempts
The maximum number of allowed repeats.
Fee
The registration fee required for participation in the challenge.
Profit Sharing
The percentage of profits shared with the client, along with the settlement period.
The profit-sharing amount will be credited to the CRM wallet.
Profitable Days
The minimum number of days where traders must achieve a specified profit to pass the challenge.
Max Loss Per Closed Trade
The maximum loss of any single closed trade.
Trading Period
Specify the number of days before the trading period deadline at which you want the notification to be triggered.
For example, if you set it to 5 days, the notification will be sent to your clients 5 days before the trading period ends.
You can configure the notification frequency:
Minimum Trading Days
Define the number of days of inactivity that will trigger this notification.
For example, if you set it to 5 days, the client will receive a notification after 5 consecutive days of no trading activity.
The maximum allowed inactivity period for this setting is 100 days.
Maximum Daily Loss
Specify the percentage of the maximum daily loss that will trigger a notification to your client.
For example, if the maximum daily loss for the prop challenge is $1,000 and you set the trigger at 10%, a notification will be sent when daily losses reach $100.
The maximum allowable value for this setting is 99% of the max daily loss.
Maximum Loss
Define the percentage of the maximum loss that will trigger a notification to your client.
For example, if the maximum loss for the prop challenge is $5,000 and the trigger is set at 10%, a notification will be sent when your client’s total losses reach $500.
The maximum allowable value for this setting is 99% of the maximum loss.
Profit Target
Specify the percentage of the profit target that will trigger a notification to your client.
For example, if the profit target for the prop challenge is $1,000 and you set the trigger at 10%, a notification will be sent when your client's profit reaches $100.
The maximum allowable value for this setting is 99% of the profit target.
Overview
Profit Sharing
Trade History
Overview
Under the Overview tab, your clients can gain a comprehensive view of their prop challenge statistics, including profit targets, maximum losses, and more.
Max loss and max daily loss are updated every 10 minutes.
The rest of the data are updated once a day.
Additionally, they can access their account information, encompassing:
Start Date: Marks the challenge's initiation, signaling when your client received their trading account credentials.
End Date: Indicates the challenge's conclusion. If ongoing, "N/A" will be displayed.
Your clients can also view a graph illustrating the fluctuations in your balance and equity over time.
Furthermore, your clients have the option to select the trading accounts they wish to view details for. If they have progressed to the second stage, they can still access their stage 1 details by selecting the corresponding trading accounts.
Profit Sharing - your clients can view the amount they receive from profit sharing and their respective payout status.
Trade History - Your clients can access a record of the trades they have executed for the challenge, along with their respective details.
For challenges that are currently "Pending Approval", no data will be displayed until the challenge request is approved.
Upon passing a prop trading stage, the existing prop trading account is disabled.
The challenge status will be updated to "Completed" and the end date will be reflected as well.
The process depends on your approval settings.
Automatic: Trading account credentials are automatically created and sent to the client.
Manual:
You will need to approve the request from the CRM Back Office.
Once approved, your client will receive the new trading account credentials to start trading.
Enabling participation fee refunds means clients receive a refund of their registration fee if they make a profit in the live stage challenge.
To qualify for a refund, the trader's profit percentage must be above 0.
You can find refund details on the CRM Backoffice Portal under Reports > CRM Transactions.
Clients can also check the CRM Client Portal under Funds > Transactions.
If you have enabled the "retry" option for the prop challenge, your client will be able to retry the prop challenge stage if they have failed the challenge.
If the trader has failed a challenge and a free retry attempt is available, the status will show "Show X Retry", where X represents the specific stage the trader can retry.
If the retry attempt requires payment, the status will display "Stage X Pending Payment".
For free retry, the trader will need to click the "Retry" button.
When the mouse hovers over the "Retry" button, a message will appear saying: "You can retry the challenge from this stage without starting over from the beginning."
This means that if a trader fails at Stage 2, they can retry directly from Stage 2 without having to restart from Stage 1.
If a retry fee applies:
The trader will need to click "Pay to Retry".
The trader will be redirected to the payment page.
Click on the "Edit" icon.
Make the necessary changes and click "Save and Exit".
Note that clicking "Next" in the configuration page automatically saves a draft.
You'll notice the challenge status change from "Published" to "Draft".
Once you have finalized the settings, click the "Publish" icon.
You'll have access to the "After Modification" and "Before Modification" tabs, allowing you to verify the changes made before publishing.
After verification, click "Publish Now" to publish the challenge.
A popup notice will appear for you to confirm your action. Click "Confirm" to proceed.
The challenge will be published, and the status will be changed from "Draft" to "Published".
You can easily cancel and delete drafts that are outdated or no long required. To do so, follow these steps:
Navigate to Prop Trading > Challenge Settings.
Locate the drafts you wish to cancel.
Click the "..." icon.
Click "Remove Draft".
The draft will be cancelled, and the challenge status will change from "Draft" to "Published".
In the Reports tab, you can access a range of prop trading reports, such as trade history, commission payouts and profit sharing reports.
You can easily switch between reports using the dropdown menu provided.
Similarly, refine your search by selecting specific challenges for which you wish to view the reports.
This resets after each profit-sharing settlement. If a profit-sharing settlement has occurred, the trader must meet the condition again from the start for the next cycle.
Once a day
Once every 2 days
Once every 3 days
If the frequency is set to "Once a day," a follow-up notification will be sent the following day after the initial one. Similarly, with a "Once every 2 days" setting, notifications will be sent two days later.
If the trading period is set to unlimited for any stage of the prop challenge, this notification setting will not apply.
Data is calculated every 10 minutes, and if the threshold is met, a notification will be sent.
To prevent spamming clients during periods of market volatility, only one notification will be sent per day, even if the threshold is repeatedly triggered.
You can specify a step-up value for follow-up notifications.
For instance, if the step-up value is set to $200, after the initial notification at $500, the next notification will be sent when total losses reach $700, followed by another at $900, and so on, based on the example above.
Data is calculated every 10 minutes, and if the threshold is met, a notification will be sent.
For instance, if the step-up value is set to $200, after the initial notification at $100, the next notification will be sent when total profit reach $300, followed by another at $500, and so on, based on the example above.
Current Stage: Identifies the current stage of the challenge.
Status: Depicts the challenge status, such as failed, in progress, completed, and so forth.
The stage will automatically restart, and the trader will receive new trading account credentials via email to begin trading.
The Trading Status will be set to "Enabled", and the Status will display "In Progress".
The Retry Attempt count will be reduced by 1, and the trader will be able to see how many retry attempts remain.
Coupons and promo codes can also be applied to offset the retry fee.
Select the preferred payment method and click "Complete Payment" to finalize the payment.
This section provides a comprehensive overview of the trading history for all participants in the prop trading challenge.
You have the option to switch between live and demo trading servers.
To refine your search, you can utilize the search bar and time range filter. Otherwise, for more advanced filtering options, click on the 'Filter' icon.
To update the data, click on the 'Refresh' button.
Customize the displayed fields by clicking on the '...' icon and selecting 'Field Display Settings'.
To download the trade history, click on '...' followed by 'Download'.
This section lists all commission rebates paid to participants of the prop challenge.
The participation fee rebate is deposited in real-time into the clients' wallets.
You can view specific details of the commission rebate, including the rebate amount, recipient of the rebate, and the rebate's status.
If rebates fail, you have the option to retry them by selecting the relevant ones and clicking 'Payout / Retry'.
Additionally, you can download the Fee Commission Report by clicking the download button.
This section lists all profit sharing payouts to participants of the prop challenge.
You can view specific details of the profit sharing payout, including the trading profit, profit sharing amount, payout status and more.
For manual profit-sharing payouts, you have the option to select the transaction and click "Pay" to distribute the profit-sharing amount to the recipients. Similarly, if there are any failed payouts, you can retry payout by selecting the failed transaction and clicking "Pay" again.
You can also download the Profit Sharing Report by clicking the download button.
To set up Fortex commission, follow these steps:
Navigate to Prop Challenge > Challenge Settings.
Locate the desired challenge and click the "..." icon.
Select "Fortex Settings".
Complete the commission settings for both FX and CFD.
Click "Save" to confirm the setup.
Once the commission settings are saved, your clients will be charged the specified commission amounts on each trade.
