thePropTrade Review 2025: Is This Prop Firm Worth Your Time and Capital?

In the fast-evolving world of proprietary trading, this thePropTrade review explores how the firm has emerged as a competitive and modern prop firm, offering traders the chance to manage significant capital—without putting their own funds at risk. Built around a trader-centric model, thePropTrade provides access to funded accounts for individuals who demonstrate disciplined trading and risk management. With structured evaluation phases and competitive profit-sharing, this firm is quickly gaining traction among retail and professional traders alike. But is it truly a worthy choice in 2025?

At its core, thePropTrade offers a two-phase evaluation model designed to filter out undisciplined trading behavior. Traders must pass both Phase 1 and Phase 2 challenges, proving their ability to meet predefined profit targets while operating within risk limits. Upon successful completion, traders can access account sizes of up to $200,000, with a profit split of up to 90%—an aggressive incentive structure aimed at rewarding consistent performance.

This review explores everything from account types and rules to platform offerings and customer experience, giving you a complete picture of what thePropTrade has to offer. Whether you’re an experienced market participant or just starting out, understanding how this prop firm operates is essential before taking the leap.

Who is thePropTrade?

thePropTrade is a proprietary trading firm established in 2024, operated by QuantElite – FZCO, and headquartered at Unit 45679-001, IFZA Business Park, Dubai Silicon Oasis, United Arab Emirates . The firm aims to provide traders with access to significant capital and a supportive trading environment.

The company was co-founded by Andreas Andreou, who brings over two decades of experience in the FX industry, having held senior positions at firms like BDSwiss, HF Markets, IronFX, and FXGM . His extensive background in business development and operations is reflected in the firm’s approach to empowering traders.

thePropTrade offers a range of trading challenges designed to evaluate and fund traders based on their performance. The firm emphasizes transparency, innovation, and sustainability, aiming to create a robust ecosystem for both aspiring and professional traders .

However, it’s important to note that some reviews have raised concerns about the firm’s lack of proper licensing and regulation, as well as the absence of a disclosed physical office location. These factors may impact the firm’s credibility and the security of client funds .

While thePropTrade presents itself as a modern and trader-focused proprietary trading firm, potential clients should conduct thorough due diligence and consider the firm’s regulatory status and transparency before engaging.

Brokers That Are Used By thePropTrade

thePropTrade utilizes the TradeLocker platform, a modern trading interface known for its integration with TradingView, offering traders advanced charting tools and a customizable trading environment. This platform supports trading across various devices, including desktop, web browsers, and mobile applications, ensuring flexibility and accessibility for users .

TradeLocker provides access to over 500 tradable assets, encompassing forex, metals, indices, and cryptocurrencies. It features one-click trading, over 100 technical indicators, and more than 50 drawing tools, catering to both novice and experienced traders.

However, it’s important to note that thePropTrade does not publicly disclose its brokerage partnerships or liquidity providers. This lack of transparency can be a concern for traders who prioritize clarity regarding trade execution and counterparty risk. Additionally, the firm operates without regulation from recognized financial authorities, which may impact the level of client protection and oversight .

In summary, while thePropTrade offers a technologically advanced trading platform through TradeLocker, potential clients should carefully consider the firm’s regulatory status and the absence of disclosed brokerage relationships when evaluating its suitability for their trading needs.

Who is the CEO of thePropTrade?

Andreas Andreou serves as the CEO of thePropTrade, bringing over a decade of experience in the financial services sector—particularly in forex and CFDs. His career includes executive roles at several prominent brokerages, including serving as the Chief Revenue Officer at BDSwiss, as well as holding senior positions at HFM (formerly HotForex), IronFX, and FXGM.

Andreas’s leadership is marked by a deep understanding of trading infrastructure, client acquisition, and strategic business development. His transition into the proprietary trading industry with the launch of thePropTrade signifies a shift toward creating more accessible and performance-based funding solutions for traders worldwide.

His experience and vision have been central to thePropTrade’s rapid growth and credibility within the prop trading community. Under his guidance, the firm has continued to expand its global footprint and refine its trader-focused model.

thePropTrade Review: How to Get Funded?

thePropTrade offers traders two distinct pathways to secure funding: the Standard 2-Phase Evaluation and the Express Account. Each route is designed to assess a trader’s skill, discipline, and risk management abilities, providing opportunities to manage significant capital upon successful completion.

1. Standard 2-Phase Evaluation

The Standard 2-Phase Evaluation is a traditional approach that evaluates traders over two consecutive stages:

• Phase 1: Traders are required to achieve a profit target, typically around 8% to 10%, within a specified timeframe. During this phase, strict risk management rules apply, including a maximum daily loss limit and an overall maximum drawdown. The evaluation period usually spans 10 to 30 days, allowing traders to demonstrate their ability to generate consistent profits while adhering to risk parameters.
• Phase 2: Upon successful completion of Phase 1, traders advance to Phase 2, where the profit target is reduced, often to around 5%. The risk management rules remain consistent with Phase 1, ensuring that traders maintain disciplined trading practices. This phase serves to confirm the trader’s consistency and reliability before granting access to a funded account.

This two-step process is designed to mimic real-market conditions, ensuring that only disciplined and skilled traders progress to manage real accounts with capital allocations.

2. Express Account

For traders seeking a faster route to funding, the Express Account offers a single-phase evaluation. This streamlined process eliminates the need for prolonged evaluations, allowing traders to focus on results. Key features of the Express Account include:

• No Consistency Rule: Traders can operate at their own pace, free from constraints on trading style or frequency.
• Weekly Payouts: Successful traders can benefit from weekly profit withdrawals, enhancing flexibility and reward.
• Fast-Track Access: The Express Account is tailored for confident, low-risk traders aiming for quick access to live funded trading.

3. Pro 2-Phase Challenge

The Pro 2-Phase Challenge is designed specifically for advanced traders who thrive under realistic trading conditions and employ refined strategies. This pathway combines the structure of a two-phase model with professional-level rules that better simulate real trading environments.

Key features of the Pro Challenge include:

• News Trading Allowed: Traders are permitted to hold positions during high-impact news releases, offering more freedom in strategy execution.
• Weekend Holding Permitted: Unlike many evaluations, this challenge allows trades to be kept open over the weekend—ideal for swing and position traders.
• Higher Profit Target: The profit target is set at 10%, testing the trader’s ability to deliver consistent results under more demanding conditions.

This option is ideal for experienced traders who can demonstrate proficiency and secure funding swiftly.

thePropTrade Scaling Plan & Funding Programs

thePropTrade offers traders a straightforward yet rewarding path to capital access through its evaluation and scaling model. The firm’s funding program begins with a two-phase evaluation process that includes realistic trading conditions and achievable profit targets. This process ensures traders have the necessary discipline and risk management skills before managing a live funded account.

Once the evaluation is successfully completed, traders receive access to a funded account of up to $200,000, with the opportunity to scale beyond that through consistent profitability. Unlike firms that impose strict trading schedules, thePropTrade allows for news trading, weekend holding, and no minimum trading days, giving traders more freedom in their approach.

For traders looking to fast-track their journey, instant funding options are also available. Additionally, all accounts benefit from a 1:100 leverage structure and low-cost evaluation fees, making the program accessible to a broad range of traders.

Overview of thePropTrade Funding Programs:

Program	Key Features	Scaling & Profit Split	Who It’s For?
thePropTrade Account	– Two-phase evaluation process: Phase 1 and Phase 2.- Profit targets: 8% in Phase 1, 5% in Phase 2.- Leverage: up to 1:100.- No minimum trading days.- News trading & weekend holding allowed.	– Profit split starts at 80% and can reach up to 90%.- Offers scaling plans for consistent traders who meet monthly performance goals.	Traders seeking a flexible yet structured funding model that supports their trading style and rewards consistent, disciplined performance.

Key Takeaways:

• Flexible Evaluation: thePropTrade offers a two-phase evaluation with realistic profit targets and relaxed trading rules, allowing traders to prove themselves without restrictive conditions.
• Scalable Capital Access: With a starting funded account of up to $200,000, traders can grow their capital through a structured scaling plan that rewards consistency.
• Attractive Profit Split: Starting at 80%, the profit split can increase to 90%, incentivizing top-tier trading performance and providing long-term earning potential.

ThePropTrade’s funding programs and scaling model are designed to give traders the tools and freedom they need to succeed. Whether you’re a seasoned professional or an emerging talent, this firm offers a credible pathway to serious capital and a structure that supports sustainable growth.

Trading Instruments and Platforms at thePropTrade

In the evolving landscape of proprietary trading, thePropTrade distinguishes itself by offering a diverse array of trading instruments and a modern platform designed to cater to both novice and seasoned traders.

Trading Instruments at thePropTrade

thePropTrade provides access to a broad spectrum of financial instruments, enabling traders to diversify their portfolios and strategies. The available asset classes include:

• Forex: Trade major, minor, and exotic currency pairs, capitalizing on the liquidity and volatility of the forex market.
• Commodities: Engage in trading precious metals like gold and silver, as well as other essential commodities, offering opportunities for hedging and diversification.
• Indices: Access global indices such as the S&P 500, NASDAQ, DAX, and FTSE, allowing traders to speculate on the performance of major economies.
• Cryptocurrencies: Explore the dynamic world of digital assets, including popular cryptocurrencies like Bitcoin and Ethereum, catering to traders interested in high-volatility markets.

This multi-asset approach empowers traders to implement various strategies and adapt to changing market conditions, enhancing their potential for consistent profitability.

Trading Platforms at thePropTrade

thePropTrade utilizes the TradeLocker platform, a modern trading interface known for its integration with TradingView, offering traders advanced charting tools and a customizable trading environment. This platform supports trading across various devices, including desktop, web browsers, and mobile applications, ensuring flexibility and accessibility for users.

Key features of the TradeLocker platform include:

• Advanced Charting Tools: Access to over 100 technical indicators and more than 50 drawing tools, facilitating in-depth market analysis.
• One-Click Trading: Streamlined trade execution, allowing traders to capitalize on market opportunities swiftly.
• Multi-Device Compatibility: Seamless trading experience across desktop, web, and mobile platforms, ensuring traders can manage their positions on the go.
• Integration with TradingView: Enhanced charting capabilities and social trading features, fostering a collaborative trading environment.

By combining a wide range of trading instruments with a sophisticated and user-friendly platform, thePropTrade offers a comprehensive trading environment designed to support traders in achieving their financial goals.

thePropTrade Trading Conditions: Spreads, Fees, and Rules

When evaluating a proprietary trading firm, understanding its trading conditions is paramount. thePropTrade offers a transparent and trader-friendly environment, emphasizing competitive spreads, minimal fees, and clear trading rules. This section delves into the specifics of their trading conditions, providing insights for prospective traders.

Spreads

thePropTrade provides tight and competitive spreads across various trading instruments, ensuring cost-effective trading experiences. For major forex pairs, the typical spreads are as follows:

• EUR/USD: 0.3 pips
• USD/JPY: 0.3 pips
• GBP/USD: 0.5 pips
• AUD/USD: 0.7 pips
• NZD/USD: 0.9 pips

These tight spreads can enhance trading efficiency, particularly for strategies sensitive to transaction costs. By maintaining low spreads, thePropTrade supports traders in maximizing profitability while minimizing trading expenses.

Fees

thePropTrade emphasizes transparency in its fee structure, ensuring traders are not burdened with hidden costs. Notably:

• Swap Fees: All instruments have 0.0 swap fees, allowing traders to hold positions overnight without incurring additional costs.

This transparent fee structure allows traders to anticipate costs accurately and tailor their strategies accordingly.

Leverage

thePropTrade offers flexible leverage options to accommodate various trading styles:

• Forex, Metals, Oils, and Indices: Up to 1:50
• Cryptocurrencies: Fixed at 1:2

This leverage structure allows traders to optimize their strategies while adhering to the firm’s risk parameters.

Trading Rules

To promote disciplined trading, thePropTrade enforces specific rules:

• Profit Target: Traders are required to achieve a 12% profit target during the challenge phase.
• Maximum Daily Loss: Traders must not exceed a 4% loss of the initial account balance in a single day.
• Maximum Overall Loss: A cumulative loss limit of 7% of the initial account balance is imposed.
• Minimum Trading Days: A minimum of 3 trading days ensures consistent trading activity.
• News Trading: Allowed in the Express and Pro challenges; restricted in the Standard challenge.
• Weekend Position Holding: Permitted across all challenge types.
• Stop Loss Requirement: Not mandatory, but traders are encouraged to implement risk controls.
• Inactivity Allowance: Traders must place at least one trade (open or close) every 30 calendar days.

These rules are designed to encourage effective risk management and consistent performance.

By understanding the key aspects of thePropTrade’s trading conditions, traders can better align their strategies with the firm’s expectations and enhance their chances of passing the challenge.

Subscription and Payment Methods at thePropTrade

In this thePropTrade review, understanding the subscription model and available payment options is essential for traders evaluating the cost and convenience of joining this prop firm. thePropTrade adopts a clear one-time fee structure based on account size, with all fees fully refundable upon successful challenge completion and your first profit payout. This cost-efficient model, coupled with global payment accessibility, positions thePropTrade as a competitive choice in the prop firm space.

Subscription Options and Associated Fees

hePropTrade offers a selection of account sizes, each with a corresponding one-time evaluation fee. This fee covers both Phase 1 and Phase 2 of the evaluation process and is fully refundable after successful completion and profit withdrawal. There are no hidden costs, and traders are encouraged to select the challenge that aligns best with their financial capacity and trading goals.

Below is a breakdown of available account sizes and challenge fees:

Account Size	Challenge Fee (USD)	Refundable
$10,000	$109	Yes
$25,000	$189	Yes
$50,000	$289	Yes
$100,000	$399	Yes
$200,000	$749	Yes

With a $100K challenge costing only $399, thePropTrade remains one of the more cost-effective options in the proprietary trading space. Each trader pays once, with the opportunity to recoup that fee through trading performance, adding a low-risk entry point into capital-funded trading.

Available Payment Methods

thePropTrade supports a wide array of secure and accessible payment options, making it convenient for traders worldwide. These include both traditional and modern financial services:

Payment Method	Availability	Processing Time
Bank Transfer	Worldwide	1–3 business days
Debit/Credit Card	Visa, MasterCard	Instant
Cryptocurrency	Bitcoin, Ethereum, USDT	Within a few hours

These payment methods ensure global reach, catering to traders across continents, whether they prefer fiat-based channels or blockchain-powered digital currencies.

Withdrawal Policies

After completing the evaluation, funded traders can withdraw profits on a bi-weekly basis, offering consistent access to earnings. thePropTrade operates with an 80% profit split, which can increase to 90% based on performance and scaling criteria. Withdrawals are processed swiftly, often within 1–3 business days, ensuring efficient fund delivery.

Additionally, there are no payout thresholds, meaning traders can request even small profits. This flexibility is a standout feature that encourages active and strategic trading.

Refund Policy

thePropTrade maintains a transparent refund structure:

• Evaluation fees are fully refunded after the trader successfully completes both evaluation phases and receives their first funded payout.
• If a trader fails either stage, the fee is non-refundable, maintaining the firm’s commitment to rewarding performance

This policy aligns incentives with trader success and removes the pressure of sunk costs for those who pass.

Payment Proof

thePropTrade processes bi-weekly payouts, delivering profits without delays or hidden requirements. Numerous traders have reported smooth, timely withdrawals. The firm also displays payout records publicly through its affiliated platforms, adding a layer of trust and credibility to its compensation model.

thePropTrade vs. Hantec Trader vs. Goat Funded Trader: A Comparative Overview

As the demand for proprietary trading opportunities continues to surge, traders are met with a growing array of firms offering funded accounts and performance-based models. Among them, thePropTrade, Hantec Trader, and Goat Funded Trader each bring distinct value propositions to the table. From flexible evaluation structures to varied profit-sharing schemes, understanding these differences is key to selecting the firm that best matches your trading goals and strategy.

Below is a detailed comparison of their core features, designed to help traders make an informed decision.

Feature	thePropTrade	Hantec Trader	Goat Funded Trader
Initial Capital	$5,000 – $100,000	$2,000 – $200,000	$5,000 – $200,000
Evaluation Process	Express (1-Phase), Standard (2-Phase), Pro (2-Phase)	Express (1-Stage), Enhanced (2-Stage)	1-Step, 2-Step, 3-Step, Instant Funding
Profit Split	80% standard; up to 90% with scaling	Up to 90%	80% standard; up to 100% with add-ons
Scaling Plan	Up to 90% profit split through scaling	Scale up to $200,000 accounts upon challenge completion	Not specified
Tradable Instruments	Forex, Metals, Oils, Indices, Cryptocurrencies	Not specified	Not specified
Trading Platforms	MetaTrader 4, MetaTrader 5	Not specified	MetaTrader 5
Maximum Drawdown	7% (Express), 10% (Standard)	6%	6%
Daily Loss Limit	4% (Express), 5% (Standard)	5%	4%
Minimum Trading Days	3	0	None
Maximum Trading Days	Unlimited	Not specified	Unlimited
News Trading Allowed	Yes	Not specified	Yes
Weekend Holding Allowed	Yes	Not specified	Yes
Leverage	Up to 1:50 (Forex, Metals, Oils, Indices); 1:2 (Cryptocurrencies)	Not specified	Up to 1:30

Key Takeaways:

• thePropTrade offers a variety of evaluation processes with competitive profit splits and a flexible scaling plan, catering to traders aiming for growth and adaptability.
• Hantec Trader provides straightforward evaluation stages with the potential to scale up to higher account sizes, appealing to traders seeking clear progression paths.
• Goat Funded Trader stands out with its high potential profit splits and the option for instant funding, making it attractive for traders looking for immediate opportunities.

Each firm presents distinct advantages, and traders should consider their individual trading styles, risk tolerance, and growth objectives when selecting the platform that best aligns with their professional goals.

thePropTrade Trader Community and Support

In the realm of proprietary trading, the strength of a firm’s community and the robustness of its support systems are pivotal to a trader’s success. thePropTrade recognizes this and has cultivated a comprehensive ecosystem designed to empower traders through continuous education, active community engagement, and responsive support services.

Educational Resources & Webinars

At the heart of thePropTrade’s commitment to trader development lies a wealth of educational resources. The firm offers a series of webinars and live sessions accessible via their Discord server and X (formerly Twitter) platforms. These sessions delve into various trading topics, providing traders with insights into market dynamics and trading strategies.

Complementing these live sessions, thePropTrade maintains an informative blog that covers a range of trading concepts. Articles such as “The Market’s Mood: Understanding Trading Sentiment” and “The Art and Power of Fibonacci Trading” offer traders valuable perspectives on market psychology and technical analysis techniques. These resources are instrumental in helping traders refine their strategies and deepen their market understanding.

Community Engagement & Social Presence

thePropTrade places a strong emphasis on fostering a vibrant trading community. Their Discord server serves as a central hub where traders can engage in real-time discussions, share insights, and collaborate on trading strategies. This platform encourages peer-to-peer learning and provides a space for traders to support one another.

Beyond Discord, thePropTrade maintains an active presence on various social media platforms, including X (formerly Twitter). Through these channels, the firm shares updates, educational content, and success stories, keeping the community informed and engaged.

24/7 Trader Support

Understanding the dynamic nature of trading, thePropTrade offers round-the-clock customer support to address traders’ needs promptly. Traders can reach out to the support team via live chat, email, or through the Discord community channel. This 24/7 availability ensures that assistance is readily accessible, regardless of time zones or trading hours.

The firm’s support extends beyond technical assistance. Traders undergoing the KYC/AML verification process receive guidance to ensure a smooth transition to funded accounts. Additionally, the support team is available to address inquiries related to account management, trading rules, and platform navigation.

Knowledge Base & Help Center

To empower traders with self-service options, thePropTrade provides a comprehensive Help Center. This repository offers detailed information on various aspects of trading with the firm, including account setup, trading objectives, and platform usage. By accessing the Help Center, traders can find answers to common questions and gain clarity on the firm’s procedures and policies.

Community Initiatives

thePropTrade actively engages its community through various initiatives. While specific details on giveaways or challenges are not explicitly mentioned, the firm’s commitment to community building is evident through its educational webinars, active social media engagement, and responsive support channels. These initiatives foster a collaborative environment where traders can grow and succeed together.

ThePropTrade’s dedication to providing extensive educational resources, fostering community engagement, and offering unwavering support plays a pivotal role in trader development. These support systems equip traders with the necessary tools, knowledge, and guidance to navigate the complexities of trading, manage risks effectively, and work towards achieving consistent profitability.

Traders’ Opinions

thePropTrade holds a Trustpilot rating of 4.3 out of 5 stars, based on 20 reviews, classifying it as Excellent. Many users praise the platform for its transparency, user-friendly experience, and efficient customer support. A strong proportion of 5-star ratings indicates general satisfaction, while only a small fraction of users expressed concerns. 

This positive feedback highlights thePropTrade’s commitment to delivering a reliable and professional trading environment, earning trust among both novice and experienced traders.

thePropTrade Review: Pros and Cons

Evaluating the strengths and limitations of thePropTrade is essential for traders looking to engage with a proprietary trading firm that emphasizes flexibility and performance-based rewards. This balanced overview offers insight into whether thePropTrade aligns with your trading goals and expectations.

Pros and Cons

Pros	Cons
Access to Funded Capital: thePropTrade offers funded accounts up to $200,000, giving traders the chance to grow without risking personal capital.	Evaluation Fees: Participation requires a one-time challenge fee, which may be seen as a barrier by budget-conscious traders.
High Profit Split Potential: Traders begin with an 80% profit split, which can increase to 90% based on performance and scaling achievements.	Strict Trading Objectives: The two-step evaluation process includes fixed profit targets and drawdown limits, requiring disciplined execution.
Flexible Trading Rules: thePropTrade allows news trading, weekend holding, and imposes no minimum trading days, providing greater strategic freedom.	Limited Asset Transparency: While the firm supports forex and commodities, a full asset list isn’t readily available on the site, which may limit certain strategies.
Cost-Effective Entry: Evaluation fees are relatively affordable compared to other firms, starting at just $109, and are fully refundable upon success.	Scaling Plan Criteria: Access to capital scaling depends on consistently meeting performance goals, which can be challenging during volatile markets.

Key Takeaways:

• Low-Cost, High-Reward Model: thePropTrade allows traders to prove their skills and access large capital allocations for a relatively small and refundable fee.
• Trader-Friendly Flexibility: With no minimum trading days and relaxed rules on holding over weekends or trading news events, traders have more control over their strategy.
• Performance-Driven Scaling: Traders can benefit from increased payouts and larger accounts by consistently meeting targets, though the path requires precision and risk control.

Ultimately, thePropTrade combines flexibility, affordability, and strong profit incentives into a platform well-suited for serious traders seeking a practical path to professional capital management.

Is thePropTrade Worth It?

thePropTrade positions itself as a competitive player in the prop trading space, offering traders up to $200,000 in funded capital and an attractive profit split of up to 90%. With flexible challenge rules, instant funding options, and low profit targets, the platform provides an accessible route for both beginners and seasoned traders to prove their skills and scale their accounts—without putting their own funds at risk.

What truly sets thePropTrade apart is its transparency in payouts, round-the-clock support, and trader-focused evaluation structure, which minimizes unnecessary constraints. Their simplified pricing, clear rules, and real-time support all contribute to a streamlined experience for those serious about trading professionally.

For traders looking for a low-barrier, high-reward funding model, thePropTrade presents a worthwhile opportunity to access substantial capital and grow within a structured, yet supportive, environment.

The Final Words

ThePropTrade is steadily carving its niche in the proprietary trading space with a robust funding model and trader-friendly features. Offering funded accounts up to $200,000 and the potential to scale further, it provides a competitive platform for traders who demonstrate consistency and discipline. With a profit split of up to 90%, no minimum trading days, and options like weekend holding and news trading, ThePropTrade clearly aligns itself with modern trader needs.

The firm stands out with its two-phase evaluation, transparent trading conditions, and affordable challenge fees, making it accessible without compromising on professionalism. Backed by competitive leverage (1:100) and instant funding options, it appeals to both ambitious newcomers and seasoned traders seeking efficiency and reward.

If you’re looking to prove your strategy in a flexible yet structured environment, ThePropTrade offers a compelling route to scalable trading success.

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