V7.0.0 - Unveiling the Exciting World of Proprietary Trading Challenges
Learn about all the details of all our recent CRM updates here.
Released Date - 16 October 2023
We are thrilled to introduce our latest CRM integration - Proprietary (Prop) Trading Challenge System. This powerful addition 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 tend! Our Prop Trading Challenge system is available to all MT4 and MT5 Brokers.
Summary
Your Challenge, Your Rules Launch multiple challenges in a matter of clicks, complete with automated progress tracking and performance insights.
Tailor Challenge Packages Highly customizable challenge packages with distinct criteria and settings, including profit targets, maximum drawdown limits, trading periods, and more. Allow your clients to select the package that aligns with their interests and goals.
Supports IB/Referral Model You have the flexibility to distribute a percentage of the participation fees to your IBs to encourage faster and more efficient market expansion. All calculations and distributions fully automated.
Prop Trading System
1) Marketplace Installation & Permission Settings
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.
2) Prop Trading System
The Prop Trading system is divided into two main sections, each serving distinct purposes:
Challenge Settings
In this section, you have the ability to create and configure your prop challenges. This is where you set the parameters and rules for your trading challenges.
Challenge Statistics
This section provides a comprehensive overview of the statistics related to your prop challenges. Here, you can access information about participants who have registered, review trading histories, and generate commission rebate reports for a complete understanding of your challenge's performance.
You can navigate between the 2 sections via the side navigation menu.

3) Setting Up Prop Challenges
The process for setting up a new prop challenge involves the following steps:
Creating a new challenge.
Configuring the challenge settings.
A) Creating A New Challenge
To create a new prop challenge, follow these steps:
Navigate to the "Challenge Settings" section and select "New Challenge."

B) Configuring The Challenge Settings
To configure the challenge settings, follow these steps:
Locate the challenge for which you want to configure settings and click the "settings" icon.
You can only configure the settings for challenges that are upcoming.
Click "New Package" to create a new package. You can create multiple packages for a single challenge.
C) Editing Prop Challenge Settings
You have the flexibility to edit the following:
D) Viewing Prop Challenge Settings
You will be able to view the settings configured for the following:
E) Deleting Prop Challenges
You will be able to delete the following:
4) Challenge Statistics
In the Challenge Statistics tab, you can access a list of prop challenges along with their corresponding details, including:
5) Client Portal - Joining Prop Challenges
Through the CRM Client Portal, your clients can access the list of prop challenges by clicking on the 'Prop Trading' tab.

To begin participating in Prop Challenges, clients willl need to:
Fund their CRM Wallet
Participate in Prop Challenges
1) Funding CRM Wallet
To fund the CRM Wallet, follow these steps:
Navigate to "Funds" and click on "Deposit".

2) Participate in Prop Challenges
To participate in Prop Challenges, follow these steps:
Navigate to "Prop Trading" to view the available challenges and their statuses.
Click on a challenge to see its description.
6) Prop Trading Challenges
7) Enhancements to CRM Functions for Prop trading
These updates have been implemented in your CRM to ensure comprehensive support for Prop Trading:
8) Pre-Configurations for Prop Trading Brokers
For brokers intending to host the Prop Trading module on their own trading servers, a series of essential steps are recommended to be taken:
A) MT Groups
We strongly advise creating distinct groups for Prop Trading, completely separate from regular trading groups.
It is mandatory to establish a unique group for each step of each package. For example, if you have 5 packages, each with 3 steps, you'll need to create 15 new groups.
B) Symbols, Feeds & Routings
You can choose from your own available symbols, feeds, and execution routings for the newly created groups.
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