What is my journey in PropShopTrader?

Core Definitions #

To ensure total clarity for our traders and automated systems, we define our core terms as follows:

• Benchmark: A specific level or milestone achieved by completing a 5-day trading cycle and meeting certain objectives.
• Daily Profit Target: The minimum net profit required in a single trading day to be counted as a trading day.
• MAE (Max Adverse Excursion) Flag: A risk violation triggered when a trade’s unrealized loss exceeds the account’s defined limit of 50% of account’s initial drawdown.
• Trailing Drawdown: A dynamic loss limit that follows the highest unrealized account balance (for Intraday Drawdown Accounts) or End of Day closing balance (for EOD drawdown accounts).
• Standard Reset (Option 1): Issues a new trading account with no preserved Benchmarks. All balances, trading days, and history are reset to their normal starting state.
• Benchmark Reset (Option 2): Issues a new trading account with up to 5 previously earned Benchmarks carried over. Balances, trading days, and history reset to the normal starting state.
  • Benchmark Reset Add On: Preserve Drawdown Balance
    Available only with a Benchmark Reset.
    The new account starts with a higher initial balance so the trailing drawdown is already covered, allowing the trader to focus directly on Daily Profit Targets and Benchmarks without needing to rebuild the drawdown first.
• For more information on Resets, click here.

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Gladiator Account #

The Gladiator Account is a simulated trading account used for structured risk assessment and performance evaluation which is measured using Benchmarks, not withdrawals. There are no payouts during the Gladiator Phase. You can access a Gladiator account by:

• Passing an active Warrior Evaluation (legacy users), or
• Purchasing an Instant Gladiator account

Benchmarks #

• 1 Benchmark = 5 qualifying trading days
• Maximum Benchmarks per account: Up to 6-8
• Benchmarks are tracked as X / 8
• Benchmarks do not change account balance
• Benchmarks do not expire
• Benchmarks are lost if the account fails
• Benchmarks cannot be skipped, even if excess profit is made

Qualifying Trading Day

• Net PnL must be ≥ Daily Profit Target
• Loss days = do not count
• Profitable days below target = do not count
• No-trade days = do not count
• Profits below target remain in the account balance

Daily Profit Target (examples)

• 25K: $125
• 50K: $250
• 100K: $500
• 250K (Discontinued for new purchases): $1,200
• 500K (Discontinued for new purchases): $2,400

Benchmark Requirements (all must be true)

• 5 / 5 qualifying trading days
• Account balance ≥ Benchmark Eligibility Threshold
• MAE warnings < 3
• No active hedging or compliance flags
• Account has not breached minimum balance

Benchmark Eligibility Threshold

• Calculated as:
  • Max Drawdown + Benchmark Profit Target
• Example (50K Intraday):
  • Drawdown: $2,500
  • Benchmark Target: $1,250
  • Threshold: $53,750

Drawdown Models

• Intraday Trailing Drawdown
  • Trails unrealized equity intraday
  • Moves up only
  • Fails if equity breaches trailing level
• End-of-Day (EOD) Drawdown
  • Fixed during session
  • Recalculates after close
  • Fails if equity breaches daily minimum

MAE (Maximum Adverse Excursion)

• Max MAE = 50% of original drawdown
• Example:
  • Drawdown: $2,500
  • Max MAE per trade: $1,250
• 1 MAE warning:
  • Resets trading days
• 3 MAE warnings = permanent account failure
• MAE warnings never reset
• MAE violations cannot be appealed

Hedging & Coordination

• Same-symbol hedging: not allowed
• Opposing trades across accounts: not allowed
• Group or coordinated trading: not allowed
• Confirmed violations may invalidate Benchmarks or fail the account

Real Prop Eligibility

• Minimum required: Up to 6-8 Benchmarks on a single account
• Benchmarks qualify for consideration only
• Final approval is Risk Team discretion and traders may be called up sooner based on performance.

Signing Bonus

• Paid only after Real Prop transition
• 50% released at Real Prop contract signing
• Remaining 50% paid across first 2 Real Prop payouts

• Real Prop Contract Status:
  • For EU & EEA traders, participation is now open. More details regarding their specific contract structure will be shared soon.
  • For non-EU/EEA traders, a subcontractor contract applies.

More information: https://propshoptrader.com/p2p/

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Unlimited Growth Opportunity #

• No payout caps in Real Prop.
• Scaling Opportunity: You will then have the chance to scale your accounts, achieving growth without limits as long as trading standards are maintained.

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Important Note #

Risk Management & Compliance: If, during or after the Gladiator Phase, your trading deteriorates or you display:

• Poor risk management behavior,
• Abuse of trading rules or systems,
• Or any signs of exploiting PropShopTrader’s risk management protocols.

We reserve the right to disqualify you from trading. Trading with PropShopTrader is a privilege, not a right, and must be treated with respect and adherence to our guidelines. For more information, please check out our Prohibited Trading Practices Page.

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All Gladiator Accounts : Traded in Simulation Accounts only.