1- STEP EVALUATION RULES

We offer the Prop Scholar 1-Step Evaluation , designed around a single Phase. Successful completion qualifies you for a Prop Firm evaluation account. To pass, you must demonstrate strong trading skills and solid risk management. Once the profit target in Phase 1 is achieved, our Risk Team will review the evaluation manually within two working days.

If any rules are breached, all positions will be closed immediately, the Account will be terminated, and the right to a payout will be revoked.

1.1.  Phase - 1

The Student Phase is designed to assess your trading strategy and style. You must achieve a profit target of 10% without breaching any rules .

1.3. 3% Maximum Daily Loss Limit

The Maximum Daily Loss is set at 3% of the starting equity or balance each day, calculated using the higher value between equity and balance. This daily limit resets at 00:00 UTC/server time. If the daily loss limit is breached, the trader risks suspension.

1.4. 6% Maximum Loss Limit

The Maximum Loss Limit is the minimum balance that cannot be breached, set at 6% of the initial account size. For example, with a $100,000 account, the balance cannot fall below $94,000 at any time.

1.5. Allowed to Hold Trades During News and Over the Weekend

You are allowed to hold trades over the weekend and during news events. 

1.5. Trading Strategy

You are free to use your preferred trading strategy, including using EAs (Expert Advisors) or holding trades during news events, as long as it does not involve prohibited strategies such as gap trading, high-frequency trading, server spamming, or news gambling. Third-party expert advisors must only function as trade or risk managers. Copy trading or account management by third parties is strictly prohibited.

Remember: YOUR IDEAS, OUR RISK. To get funded, you must demonstrate proper risk management and trading discipline. Cheating is not tolerated.

‍2.1. Tradable instrument and commission

You can trade Forex, Crypto, Indices, Metals & Energies with RAW spreads and a 3$ commission per standard lot round turn. Crypto, Indices and Oil are commission free.

2.2. Leverage

The leverage applied for each instrument is:

• Forex: 1:50
• Metals: 1:20
• Indices: 1:20
• Energies: 1:10
• Crypto: 1:2

3.1. Upon purchasing the evaluation program, the trader will receive login credentials within 12 hours. Changing these credentials is strictly prohibited.

4.1.  PropScholar allows traders to retain 100% of their profits once they pass the Evaluation Phase. Profits are credited in real-time to traders' Prop Firm accounts upon reaching the profit target, provided all rules are adhered to. With no commissions or charges from PropScholar, traders can fully enjoy the rewards of their trading success. A detailed report of profits is provided for transparency.

5.1.Any trading account inactive for 14 days will be automatically suspended.

Toxic Trading is defined as reckless risk-taking, impulsive behavior, and a disregard for fundamental principles. The threat of toxic trading jeopardizes not only individual trader accounts but also the stability of proprietary trading firms. We will shed light on toxic trading, defining its various manifestations and underscoring the imperative for vigilance and responsibility in the pursuit of profitable trading strategies.

Toxic trading encompasses a variety of behaviors and practices, with some common characteristics including the following:​

6.1.High-Frequency Trading (HFT) & Tick Scalping

Engaging in excessive and rapid trading activities indicative of higher volatility,  placing an extremely high number of trades within very short time intervals using automated systems. While scalping is allowed, HFT is strictly prohibited on our platform due to its unfair trading nature.

6.2.Arbitrage

All forms of arbitrage are considered toxic due to the lack of a clear underlying idea, strategy, or rationale. Below are two common arbitrage strategies:

• Hedge Arbitrage: Simultaneously entering opposing positions with different firms.
• Latency Arbitrage: Exploiting disparities in trade execution times across various trading platforms or venues. Traders using this strategy seek to profit from minor price differences resulting from delays in order processing or data feed.

6.3.Reverse Trading

Signs and behavior, which includes risking the full daily loss on one trade, which often indicates reverse trading between different firms.

Traders suspected of engaging in such behaviors may be subjected to various restrictions including but not limited to reducing leverage, limiting the number of trades per day, lot size limit per day, lower daily/max loss limiting the risk per trade, imposing a maximum 1% risk limit rule or even being banned from the firm. Our goal as an Evaluation firm is to assist you becoming a better trader and risk manager, while also benefiting from the trading flow you provide. This evaluation aims to gather the best trading data possible, enabling us to monetize our data more efficiently, enhancing our stability, and strengthening the industry as a whole.

6.4. Martingale Strategy is Strictly Prohibited.

At PropScholar, Martingale-style and All-In trading behaviors are strictly prohibited. Martingale, as defined by us, is not limited to increasing lot sizes after losses — it also includes opening 3–4 or more positions on the same pair while existing trades are already in drawdown. This stacking of positions in the same direction without proper stop-loss or risk management is considered high-risk behavior and is treated as a rule violation. For example, if a trader opens multiple long trades on EUR/USD at different prices (e.g., 1.2000, 1.1980, 1.1950, 1.1975) and continues to add new positions while they’re all in drawdown, this is considered Martingale. Such trades are often intended to either pass or fail the challenge in one move — which we define as “All-In” behavior. If identified, this will lead to an immediate account breach. Please note that this check is only conducted during the final account review, after all metrics like profit target and consistency are met. All decisions made by our Risk Team are final and irreversible. Repeated violations may result in permanent service termination.

Traders must maintain a 45% Consistency Score, ensuring steady performance by spreading profits across multiple days. For example, if a trader makes $1,000 in profit over 5 days, earning $200 each day reflects high consistency. However, making $900 on one day and $100 across the other four days lowers the consistency score. This rule prevents reliance on single trades, promotes balanced risk management, and highlights disciplined, controlled trading strategies over time.