Yes, our services are only available to individuals who are 18 years of age or older. This ensures compliance with international regulations governing financial services.
Yes, our services are only available to individuals who are 18 years of age or older. This ensures compliance with international regulations governing financial services.
Prop365 welcomes traders from many countries, but users from certain prohibited jurisdictions may not be allowed to participate due to local laws and regulations. For detailed info check Terms and Conditions.
No, sharing your login credentials is strictly prohibited. For your security and the integrity of the platform, each account must be used only by the registered individual.
You can update your personal information directly in your account settings. Keeping your details up to date is essential for ensuring smooth communication and service.
After successfully passing the Evaluation stage, you’ll need to complete the KYC verification and sign a contract. Once you’ve submitted the signed agreement and necessary documents, your PRO365 Trader account will be activated within 2 business days after our Risk Management team’s review.
We prioritize the security of your personal and trading data by adhering to industry standards. All account information is safeguarded with advanced encryption and security protocols.
Providing false or misleading information may result in the immediate termination of your account, along with the forfeiture of any rights to refunds or continued access to our platform.
Violations of our Terms and Conditions can result in immediate suspension or termination of your account and access to our services. This includes prohibited activities such as unauthorized trading practices or misuse of our platform.
After completing your challenge, you’ll need to go through our KYC verification process. This involves submitting:
– Proof of Identity: Such as a passport, driver’s license, or residence permit.
– Proof of Address: Like a recent utility bill or bank statement.
– A Selfie: A clear photo of yourself for identity confirmation.
Once your KYC documents are verified and the agreement is signed, your PRO365 Trader account credentials will be sent to you, ensuring you can start trading with full compliance and security
If you suspect unauthorized access to your account, please contact our support team immediately. We recommend using strong passwords and keeping your login details confidential.
You can reset your password using the password recovery link on our website if you forget it.
No, we do not offer investment services or manage client funds. All our services are strictly educational, centered around simulated trading.
Prop365 is a proprietary trading firm established to empower skilled and ambitious traders. We provide the resources and support needed to unlock their potential and turn their skills into success.
We offer a wide range of services, including simulated trading platforms, educational resources, and performance-based challenges. All of these are designed to enhance users’ financial skills.
Prop365 is managed by Brynex Tech Limited, a UK-registered entity, under company number 15918986.
Yes, our platform is fully accessible through mobile browsers, giving you the flexibility to manage your trading activities from any device, anywhere.
Refunds are only provided if you successfully meet the Challenge criteria. If you do not achieve the targets, the fee is non-refundable, as it covers the cost of accessing our resources.
No trading experience is required to participate in our Evaluation Challenge. Whether you’re new to trading or have some experience, we’re here to support you. Our platform offers all the tools and guidance you need to grow your skills, ensuring you’re never on your trading journey alone.
No, Prop365 does not provide any form of investment advice. Our services are purely educational, and users are encouraged to seek independent financial advice if needed.
Yes, you will receive certificates for successfully completing evaluation challenges and receiving payouts. All certificates are accessible for download directly from your dashboard, celebrating your progress and achievements along your trading journey.
Currently, we do not offer a free trial. However, our range of services is designed to provide value from the start, with support and resources available to help you begin trading confidently.
Yes, we offer a variety of educational tools, including access to advanced trading platforms and comprehensive learning materials, to help you improve your trading skills.
No, we do not provide personalized trading strategies. Our focus is on offering tools and resources that empower users to develop their own strategies through simulated trading.
You can track your progress through your personal dashboard, which displays all relevant metrics and performance indicators in real-time.
To become a PRO365 TRADER, you must successfully complete our Challenges by reaching specific profit targets and adhering to risk management rules.
Getting started is easy. Just sign up on our website, choose the Challenge that best fits your needs, and start your journey into simulated trading.
The Challenges are designed to evaluate and enhance your trading skills through simulated trading. These assessments adhere to specific rules and aim to replicate real market conditions without the risk of losing actual money.
Upon passing the Evaluation Challenge, you’ll advance to become a PRO365 Trader! This marks the start of your journey to showcase consistency and earn real profits. To proceed, you’ll need to complete the KYC procedure and sign a contract with us. Once these steps are completed, you will receive account credentials via email within 48 hours, ready to begin trading with your upgraded status.
Access fees vary based on the account size. For example, the fee for a $10,000 challenge account is $45, while a $100,000 account costs $564.
The maximum account size available for a Challenge is $100,000. This option is designed for advanced users who want to test their strategies in a larger market simulation.
No, if your PRO365 Trader account (funded account) is breached, it will no longer be eligible for payouts, regardless of its profitability. Whether the breach occurred due to a Daily Drawdown or Maximum Drawdown violation, the funded account will be terminated, and any simulated profits will be forfeited. This policy also applies in cases of contract termination or violation of our Terms of Service.
As a PRO365 Trader, you can receive 80% of the profits made on your demo account as real payouts. After your first payout, you can request further payouts for every 14 days.
Payout schedule:
– On the 15th day, you can receive only the profit earned during the first 14 days.
– You can make multiple payout requests, but only within the limits of the profit earned during the first 14 days.
– Similarly, on the 29th day, you can receive all the profit earned from the 15th to the 28th day, as well as any unclaimed profit from the first payout period.
Payout methods:
– Crypto (USDT TRC20): Payouts below $1,000 will be processed through crypto (USDT TRC20). Crypto payments are preferred due to faster processing times and lower fees.
– Bank Transfer: Payouts above $1,000 can be processed via bank transfer.
Minimum payout amount:
The minimum payout amount is $100.
Important note:
– Make sure all trades are closed and all limit/pending orders are canceled prior to submitting your request.
– After you submit the payout request form, your connected trading account will be set to view-only mode until the payout is completed.
– The company’s share percentage will be deducted from the balance alongside your payout.
Yes, the Evaluation Fee is refundable once you pass the Evaluation Challenge and become a Prop365 Trader. The fee will be fully reimbursed with your fourth payout. If you do not pass the evaluation, the fee is not refundable.
We accept a wide range of payment methods, including major credit and debit cards, as well as other options available through our trusted payment partners. You can select the most convenient option when signing up for our services.
Your first payout will be available once:
– 14 days have passed since you opened the first position on your PRO365 Trader account.
– You have reached a minimum payout amount of $100.
To request a payout, go to your dashboard on our website and select the “Payouts” option in the menu. By filling out the form, you can request your payout.
Important note:
– Make sure all trades are closed and all limit/pending orders are canceled prior to submitting your request.
– After you submit the payout request form, your connected trading account will be set to view-only mode until the payout is completed.
– The company’s share percentage will be deducted from the balance alongside your payout.
While we strive to serve traders globally, some jurisdictions have legal restrictions. Check our website for the list of supported countries.
You can reach our support team via email at [email protected] or by using the contact form available on our website for any inquiries or assistance.
We take data protection seriously and implement stringent measures to safeguard your confidential information. All data shared with us is handled in compliance with our privacy policy and industry best practices.
We ensure strict confidentiality and security. Your data is only shared with trusted third parties as necessary for platform operations and is always handled in compliance with our Privacy Policy.
No, all profits and losses on the platform are entirely simulated.
Yes, you can hold trades overnight to suit your trading strategy and style. However, please be aware that overnight positions may incur swap fees (also known as rollover or overnight financing charges).
No, Prop365 is exclusively a simulation platform. All activities, including trading, are conducted in a virtual environment using simulated funds for educational purposes.
No, since all trades are simulated, there is no risk of losing real money. This allows you to experiment with strategies and learn from mistakes in a safe environment.
No, all trades executed on Prop365 are purely simulated. No real money is involved, and all results are entirely virtual.
No, the use of external software or trading bots is strictly prohibited. Prop365 is focused on individual trading performance and risk management through the use of our platform’s tools.
No, Prop365 strictly offers a simulated trading environment. Our services are intended solely for educational purposes, and no live trading takes place on the platform.
No, the data used within Prop365 is simulated and intended for educational purposes. While it mirrors real market conditions, it may not correspond directly to live trading environments.
Yes, you can hold trades during news events and over the weekend. However, our policy includes specific restrictions for high-impact news releases.
During Evaluation Phases 1 and 2, news trading is allowed. However, on the Funded account, strict rules apply: trading during high-impact news events is completely forbidden. If you open or close a trade within 5 minutes before or after a high-impact news event, your account will be breached.
For example, if there is a high-impact news event at 12:30 marked in red on Myfxbook.com, opening a trade between 12:25 and 12:35 on the Funded account will result in account suspension. Similarly, if you open a trade before a news event, and your Stop Loss (SL) or Take Profit (TP) is triggered during the news, your account will also be suspended. These rules are in place to manage the risks associated with market volatility during major news releases, so be sure to follow them once you reach the funded stage.
We do not require you to set a stop loss on your trades, but we strongly recommend it as an essential part of any effective risk management strategy. Using stop losses can help protect your account from significant losses and maintain trading discipline.
The following practices are prohibited on simulated accounts and may result in losing access to the platform:
Data freezing
Gap billing
Use of external, delayed, or slow data feeds
Trading on delayed charts
Latency arbitrage
Reverse arbitrage
Tick scalping strategies
Any other strategies deemed prohibited by the Company
All Challenges have a requirement for a minimum number of active trading days. This means you must have trades open on separate days throughout the challenge period. For instance, if you open and close a trade on July 5th, it counts as one active trading day. However, if you open a trade on July 5th and close it on July 8th, it still only counts as one active trading day. Make sure to check the specific terms of your challenge to meet the active trading day requirements and successfully complete the evaluation.
While we encourage flexible trading styles, it’s vital to adhere to certain rules to keep your account active and successfully pass the challenge. To avoid disqualification, ensure you follow these key rules:
Maximum Daily Drawdown: 4% for the 1-Step Challenge and 5% for the 2-Step Challenge.
Maximum Overall Drawdown: 6% for the 1-Step Challenge and 10% for the 2-Step Challenge.
Inactivity Period: Your account must not remain inactive for more than 30 days.
Maintaining discipline and consistency is crucial to your success in the challenge and continued access to the platform.
Upon successfully completing a Challenge, you may become eligible to sign a contract with us.
If you fail to meet the trading targets, you can retry by purchasing a new Challenge. Each Challenge provides an opportunity to further improve and develop your trading skills.
The duration of each Challenge varies, with no set time limit. This allows traders to progress at their own pace while meeting the required profit targets and adhering to risk management rules.
The default leverage rate for our simulation accounts is set at 1:100 for FX instruments and 1:30 for commodities.
Our simulation accounts are designed to offer a realistic trading experience without the financial risks associated with live trading. This enables users to develop strategies and improve their skills in a risk-free environment.
We utilize industry-standard trading platforms, providing real-time data and advanced trading tools to ensure our traders have the best possible experience.
You can trade across a wide variety of markets, including Forex currency pairs, global Indices, and key Commodities such as gold, silver, and oil. This extensive selection gives you the flexibility to tailor your trading strategy and explore opportunities that align with your skills and trading style.