1- STEP EVALUATION RULES

We offer the Prop Scholar 1-Step Evaluation course, designed around a single Student 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. The Student Phase (Phase I)

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. 4% 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 CE(S)T/server time. If the daily loss limit is breached, the trader risks suspension.

1.4. 8% 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.​Excessive Risk-Taking (Over-Leveraging)

Participating in trades with disproportionately high levels of risk in relation to the trader's capital or risk tolerance. This often involves utilizing excessive leverage causing overexposure or full margin, which can magnify both gains and losses.

6.2.Gambling Behavior

Trading is driven by emotions rather than rational analysis, similar to gambling. Traders may pursue losses, make impulsive trades, or display addictive tendencies, leading to negative trading outcomes. Your biggest trade size should not exceed the lot size limit rule . Splitting up a trade into multiple positions will be counted as one single trade on any of our accounts.

6.3.Overtrading

Continuously entering and exiting trades without a clear strategy or rationale, resulting in diminished profitability and emotional exhaustion.

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

Engaging in excessive and rapid trading activities indicative of higher volatility, which may result in significant losses. Profit from trades that are closed within 1 minute after opening will not be counted on our Prop Scholar's account. In the event any deductions result in the breach of the daily loss limit or maximum loss limit, the trader is responsible for the violation.

6.5.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.

6.6.Poor Money Management

Traders who frequently encounter margin calls due to inadequate funds or risky positions may indicate a lack of risk management, posing a threat to their accounts and potentially the firm’s stability.

6.7.Behavioral Patterns

Inconsistent behaviors, such as trading during non-liquid market hours to exploit liquidity shortages, consistently disregarding risk management principles, or making emotional decisions

6.8.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.

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.