Last updated: May 2026
PropelPips provides access to simulated trading evaluation accounts designed to assess a trader’s discipline, risk management, and consistency. No customer deposits are used for live market trading, and PropelPips does not act as a broker, investment adviser, portfolio manager, or financial intermediary.
Successful completion of the evaluation may make you eligible for a simulated funded-stage account and performance-based rewards, subject to the rules, identity checks, and any agreement we require before funded access.
PropelPips may offer the following 2-Step evaluation account sizes:
| Account Size | Indicative Plan |
|---|---|
| $5,000 | 2-Step Evaluation |
| $10,000 | 2-Step Evaluation |
| $25,000 | 2-Step Evaluation |
| $50,000 | 2-Step Evaluation |
| $100,000 | 2-Step Evaluation |
Pay Later is a single-step program. You pay $5 at checkout; the balance is due only after you pass, within 30 days, to unlock funded trading on the same account.
| Size | Pay now | Balance after pass | Total |
|---|---|---|---|
| $5,000 | $5 | $63 | $68 |
| $10,000 | $5 | $103 | $108 |
| $15,000 | $5 | $153 | $158 |
| $25,000 | $5 | $223 | $228 |
| $50,000 | $5 | $353 | $358 |
| $100,000 | $5 | $583 | $588 |
Lite Instant gives you immediate funded access — no evaluation phases. Accounts are valid for 30 calendar days from activation.
| Account Size | Indicative Fee |
|---|---|
| $2,500 | $25 |
| $5,000 | $50 |
| $10,000 | $100 |
| $15,000 | $150 |
| $25,000 | $250 |
| $50,000 | $500 |
| $100,000 | $1,000 |
Bolt Instant gives you immediate funded access with daily payout eligibility. Accounts are valid for 30 calendar days from activation.
| Account Size | Indicative Fee |
|---|---|
| $1,000 | $30 |
| $2,500 | $75 |
| $5,000 | $150 |
| $10,000 | $300 |
Available account sizes, fees, promotions, and platform access may change from time to time and will be shown at checkout.
| Rule | Requirement |
|---|---|
| Profit Target | 8% of starting balance |
| Maximum Daily Loss | 5% of starting balance |
| Maximum Overall Loss | 10% of starting balance |
| Minimum Trading Days | 3 qualifying trading days |
| Time Limit | No fixed time limit, unless stated otherwise at checkout |
| Rule | Requirement |
|---|---|
| Profit Target | 5% of starting balance |
| Maximum Daily Loss | 5% of starting balance |
| Maximum Overall Loss | 10% of starting balance |
| Minimum Trading Days | 3 qualifying trading days |
| Time Limit | No fixed time limit, unless stated otherwise at checkout |
One evaluation phase only — there is no Phase 2 account. After you pass, you have 30 days to pay the remaining balance; once paid, the same account unlocks as funded.
| Rule | Requirement |
|---|---|
| Profit Target | 4% of starting balance (single evaluation) |
| Maximum Daily Loss | 4% of starting balance (equity-based) |
| Maximum Drawdown | Trailing — 8% during evaluation; 6% when funded (from equity high-water) |
| Maximum Loss Per Trade | 2% of starting balance on any single closed trade |
| Consistency Rule | 20% — no single day > 20% of total profit when requesting payouts |
| Profit Split (funded) | 80% trader / 20% firm |
| Minimum Trading Days | 3 qualifying trading days |
| Balance payment window | 30 calendar days after pass to pay remainder or account may fail |
| Time Limit | No fixed time limit on the evaluation itself |
Failure to pay the balance within 30 days after passing may result in account failure.
You receive a simulated funded account immediately after payment is approved — there is no evaluation phase. The account remains active for 30 calendar days from activation unless breached earlier.
| Rule | Requirement |
|---|---|
| Account type | Instant funded (no Phase 1 / Phase 2) |
| Profit Target | 8% of starting balance — minimum profit required before requesting a payout |
| Maximum Drawdown | 3% static from initial balance (includes closed and floating losses) |
| Maximum Daily Loss | None — no daily drawdown rule |
| Maximum Floating Loss | 1% of starting balance on open trades (hard breach) |
| Consistency Rule | None |
| Minimum Trading Days (payout) | 7 trading days required before first payout |
| Activity Requirement | None — no rolling inactivity rule |
| Profit Split | 80% trader / 20% firm |
| Payout Frequency | Weekly (every 7 calendar days after eligibility) |
| Minimum Profit for Withdrawal | 8% of starting balance before requesting a payout |
| Account Validity | 30 calendar days from activation |
| Leverage | 1:20 |
| Weekend Holding | Allowed |
Instant funded account — no evaluation phases. Valid for 30 calendar days from activation.
| Rule | Requirement |
|---|---|
| Account type | Instant funded (Bolt Daily Payout) |
| Daily Drawdown | 3% of account size (equity-based, per trading day) |
| Maximum Drawdown | 4% static from initial balance |
| Maximum Floating Loss | 1% of starting balance (hard breach) |
| Consistency Rule | None |
| Minimum Trading Days | None — no qualifying-day requirement |
| Activity Requirement | None — no rolling inactivity rule |
| Profit Split | 70% trader / 30% firm |
| Payout Frequency | Daily (every 24 hours after first trade + 24h) |
| Minimum Payout | 1% of starting balance |
| Account Validity | 30 calendar days |
| Leverage | 1:20 |
| Weekend Holding | Allowed |
The Maximum Daily Loss is 5% of the account’s initial simulated balance and includes closed losses, open/floating losses, commissions, and swaps where applicable.
A breach occurs if equity falls below the daily threshold at any moment during the trading day.
The Maximum Daily Loss is 4% of the account’s initial simulated balance (equity-based, same methodology as the 2-Step program).
A breach occurs if equity falls below the daily threshold at any moment during the trading day.
The Maximum Overall Loss is calculated from the account’s initial simulated balance. A breach occurs if the account’s equity falls below the maximum overall loss threshold at any time.
Pay Later accounts use a trailing maximum drawdown measured from the account’s equity high-water mark, not from initial balance alone. During evaluation the limit is 8%; when funded it is 6%. A breach occurs if drawdown from the high-water equity exceeds the applicable limit at any time.
The maximum drawdown is the total loss allowed on the account at any time, measured from your initial simulated balance. It applies to overall account performance, includes all closed and floating losses, and is tracked continuously.
Example: on a $10,000 account, the 3% limit is $300. If equity reaches $9,700 or below at any moment, the account is breached.
The maximum floating loss is the maximum unrealized loss allowed on open trades at any moment. It is calculated from the initial account balance. A breach results in immediate account closure, even if the trade later recovers.
Two or more open positions running at the same time are considered as a single trade for this rule.
Example: on a $100,000 account, the 1% floating limit is $1,000. If floating loss reaches -$1,000 or more, it is a hard breach.
Lite Instant accounts do not have a daily drawdown limit. Only the static 3% maximum drawdown and 1% floating loss rules apply.
Traders must ensure that all payout requests remain within the 3% maximum drawdown limit of the account. An equity cushion must always be maintained when submitting a withdrawal request.
If a payout request would breach the permitted drawdown cushion (i.e. post-payout equity would be at or below the 3% max drawdown floor), it results in a breach of the equity cushion rule. Such an action is treated as a hard breach and the account will be terminated.
Traders are advised to maintain sufficient equity cushion and request payouts only while staying within the 3% max drawdown limit to avoid rule violations.
The maximum daily drawdown is 3% of the account size. If equity falls below the daily threshold during the trading day, it is a rule breach. Example: on a $10,000 account, the daily limit is $300.
The maximum overall drawdown is 4% from initial balance. If equity drops below this level at any time, the account is terminated immediately. Example: on a $10,000 account, breach at $9,600 or below.
Open-trade (floating) loss must never exceed 1% of the funded account balance. Two simultaneous positions count as a single trade. Breach closes the account immediately even if the trade later recovers.
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For minimum-day requirements on 2-Step Evaluation and Pay Later accounts, PropelPips counts qualifying UTC calendar days (server time). A day qualifies when your account balance reaches at least 0.5% above the previous day’s closing balance (the last logged balance before the next UTC day). Your first qualifying period uses your initial simulated balance as the baseline before any same-day logs exist.
Days are evaluated from merged balance history (for example MT5 sync logs). PropelPips may specify the server time zone in the dashboard, FAQ, or platform details.
Evaluation and funded accounts are for active traders. We reserve capacity for people who are actually using the platform, so your account needs to show regular engagement with the market.
After your account is 30 calendar days old, you must open at least one new position at least once every 30 calendar days (timestamps come from your linked platform and our sync). If you go longer than that without a new open, we may treat the account as inactive and fail or close it under the normal breach process.
Closing trades, sitting flat, or only adjusting stops on existing trades does not reset this clock—only a new open does. Planning time away from the markets? Message support before you hit the limit so we can advise you.
A trader passes a phase only when:
Passing Phase 1 leads to Phase 2; passing Phase 2 leads to funded-stage eligibility subject to verification.
A trader passes Pay Later evaluation only when:
Lite Instant is already funded on activation. You may request payouts when eligible under the weekly schedule below, provided all risk rules are respected and the account has not expired. Lite Instant requires 7 trading days and at least 8% profit on starting balance before the first payout. There is no rolling activity/inactivity rule on instant accounts.
Bolt Instant is funded on activation. Payouts are available every 24 hours after your first executed trade (minimum 24-hour wait from first trade). Avoid trading after requesting a payout. Account must stay above starting balance and within daily drawdown cushion when requesting. Bolt Instant accounts have no qualifying trading-day requirement and no rolling activity/inactivity rule.
After successfully completing your program and any required verification, the trader may be offered access to a PropelPips simulated funded-stage account.
For Pay Later, funded access begins on the same account after the post-pass balance is paid and approved — there is no separate Phase 2 MT5 account.
Lite Instant accounts are funded immediately on the same account after payment approval — there is no separate evaluation or Phase 2 account.
Bolt Instant accounts are funded immediately after payment approval with daily payout eligibility — no evaluation phases.
| Item | Rule |
|---|---|
| Profit Split | 80% to trader / 20% to PropelPips |
| First Reward Request | After 14 calendar days from funded-stage activation and at least 5 funded trading days (+0.5% qualifying day rule) |
| Subsequent Reward Requests | Every 14 calendar days, unless changed in the dashboard or reward policy |
| Minimum reward request | At least 1% of the funded account’s starting balance in available profit for the cycle you request (the dashboard shows the dollar equivalent) |
| KYC Requirement | Required before any reward is approved or paid |
| Compliance Review | Required before every reward approval |
| Item | Rule |
|---|---|
| Profit Split | 80% to trader / 20% to PropelPips |
| Consistency | None — not checked for payouts |
| Payout Frequency | Weekly |
| First Payout | After 7 trading days and 7 calendar days from activation |
| Minimum Trading Days | 7 trading days before first payout |
| Minimum Profit for Withdrawal | At least 8% of starting balance in profit |
| Minimum Payout Amount | At least 1% of starting balance in available profit |
| Subsequent Payouts | Every 7 calendar days after last paid payout |
| Account above starting balance | Required before requesting a payout |
| Equity cushion | Post-payout equity must stay above the 3% max drawdown floor; breaching the cushion = hard breach |
| KYC Requirement | Required before any reward is approved or paid |
| Compliance Review | Required before every reward approval |
| Item | Rule |
|---|---|
| Profit Split | 70% to trader / 30% to PropelPips |
| Payout Frequency | Every 24 hours (daily) |
| First Payout | Minimum 24 hours after first executed trade |
| Minimum Payout | 1% of starting balance |
| Equity Cushion | Payout must remain within daily drawdown limit; exceeding cushion = hard breach |
| Account above starting balance | Required before requesting payout |
| KYC Requirement | Required before any reward is approved or paid |
Payouts and rewards depend on your account staying within the rules, passing verification when asked, and clearing our standard reviews.
On Lite and Bolt Instant accounts, the following behaviours are treated as hard breaches (immediate closure, no warning):
Two or more simultaneous open positions count as a single trade for floating-loss and martingale assessments.
To manage risk and ensure fair use of the programme:
Unless specifically restricted in the dashboard, FAQ, or platform rules, traders may use:
Use of Expert Advisors, algorithms, or automation is permitted only when:
The following activities are prohibited and may result in warning, trade removal, account failure, denial of reward, account termination, or permanent ban:
PropelPips may allow or restrict trading around high-impact news, market gaps, weekends, or illiquid periods depending on your plan and platform. Always confirm the limits that apply to your account in the dashboard and FAQ.
For the standard 2-Step programme:
A rule may be treated as breached when detected through platform data, automated checks, manual review, or a post-trade compliance review.
Where practicable, PropelPips may provide a reason for the decision. Traders may submit a support request for review, but PropelPips’ determination remains final to the fullest extent permitted by applicable law.
PropelPips may require identity and compliance verification:
KYC may include:
Failure or refusal to complete verification may result in reward denial, suspension, or termination of access, subject to applicable law.
Related: Terms & Conditions · Privacy Policy · Refund Policy · Risk Disclosure