No, Gladiator PTSA accounts are simulated accounts, meaning that trades are not executed in a live market environment. However, payouts are based on the trader’s simulated performance.
Important Notes:
- Risk Monitoring: Each Gladiator account is closely monitored by our risk management team for a period of 12 weeks. Any attempt to “game the system” or exploit the simulated environment will result in account termination. PropShopTrader reserves the right to ban traders who engage in such practices.
- Compliance Review: If any trading behavior raises compliance concerns, PropShopTrader will reach out to the trader to request further documentation. This includes a detailed trading plan, showing strategy consistency and trading objectives, as well as any relevant documentation. This process ensures that traders adhere to our compliance standards.
- Data Signal for Live Accounts: While trades in the Gladiator phase are simulated, they act as “DATA SIGNALS” to our servers and risk management team. PropShopTrader may selectively copy trades into live accounts at its discretion. Not all trades or signals will be copied, as this approach aligns with our business model, legal guidelines, and regulatory compliance.
PropShopTrader is committed to supporting traders who demonstrate skill and discipline through legitimate trading strategies. Successful Gladiator phase traders have the potential to grow significantly with the firm’s backing as we focus on fostering responsible, consistent trading practices.