What is my journey in PropShopTrader?

• Goal: Trade a simulated account and hit the profit target without reaching the trailing drawdown level.
• Minimum Active Trading Days: 5
• Consistency Rule: None
• Daily Drawdown: None
• Max trailing Drawdown: Yes (Intraday)
  • The account uses a max trailing drawdown that adjusts based on the highest unrealized (floating) profit reached during the trading day, also known as the intraday high watermark. The trailing drawdown level moves up as your profits increase, but it does not move back down if your account balance declines. Breaching the drawdown level will result in account failure.
  • Drawdown Protection: We also offer additional drawdown as an add-on should you choose to purchase.
• Next Step: Successfully reach your target, and you’ll receive a passing email at the start of the next day to progress to the Gladiator Paid Trading Sim Account (PTSA).

Gladiator Account (PTSA) #

Note: You can get a Gladiator Paid Trading Sim Account (PTSA) by either passing the Warrior evaluation or by purchasing an Instant Gladiator Account.

• Account Type: Still a simulated account with a trailing drawdown limit.
• Minimum Active Trading Days: 3 active trading days per week to qualify for a payout.
• Profit Target: No set profit target at this stage.
• Daily Drawdown: None
• Max Trailing Drawdown: Yes (Intraday)
  • The account uses a max trailing drawdown that adjusts based on the highest unrealized (floating) profit reached during the trading day, also known as the intraday high watermark. The trailing drawdown level moves up as your profits increase, but it does not move back down if your account balance declines. Breaching the drawdown level will result in account failure.
  • Drawdown Protection: We also offer additional drawdown as an add-on should you choose to purchase.
    • Note: If you purchased it with Warrior, it will automatically be added to your corresponding Gladiator account.
• Payouts: Eligible for weekly payouts, with a fixed cap applied each week.
  • 40% Consistency Rule: 
    • No single day’s net realized profit may exceed 40% of your total realized profit since your last approved payout (or, if no prior payout, since account activation).
    • This rule applies at the time of a payout request.
    • If the 40% threshold is exceeded, the payout will be temporarily restricted until consistent profit is established over additional trading days.
    • For more information, please read this FAQ.
  • Maintain minimum account balance and achieve the payout eligibility threshold at least once on the account.
  • Carry Forward Rule: The Profit Carry-Forward Rule applies to all Gladiator Accounts (PTSA) and determines payout eligibility based on accumulated profits. For more information, please read this FAQ.
  • Avoid getting flagged by our system for gambling, churning, hedging, Same IP rule (users with same IP addresses), or any of our prohibited trading practices.
    • Note: A detailed Flags Guide is available in two places after you log in — under Quick Reference on the Dashboard, and separately within the Trader Dashboard, titled “Understanding Flags and Probation Guide.”
  • All flags can be seen and tracked on the Trader Dashboard if you are flagged.
• Additional Accounts: You can purchase a maximum of 20 accounts (inclusive of Warrior and Gladiator Accounts) and use a copy trader across them if you aim for a higher payout. At no given time you’d be allowed access to more than 20 active rithmic accounts.
  • Note: If you fail or reset a total of 20 accounts in a single calendar day, you will be temporarily restricted from purchasing new accounts until the next market open. This policy is in place to promote responsible trading and prevent impulsive or excessive behavior.
• Trailing Drawdown Cap: Your drawdown is capped once it reaches your initial account balance + $100.
  • Example: For a $50,000 account with a $2,500 drawdown, the trailing drawdown level stops moving once your account balance reaches $52,600 (making your drawdown cap $50,100).

12-Week Risk Assessment Period in Gladiator Account #

• Purpose: During the first 12 weeks in the Gladiator Phase, traders focus on maximizing profits while minimizing losses. This period allows us to evaluate each trader’s behavior and risk management approach, as we do not yet have a long-term trading history to assess.
• Evaluation: While traders are eligible for payouts during this phase, they are still considered high-risk. The 12-week period serves as a critical assessment window to determine a trader’s consistency, discipline, and overall potential.
• Path to REAL PROP: While many traders remain in the Gladiator Phase for an extended period, exceptional performers may be invited to join REAL PROP—our live corporate trading phase—as early as the 12-week mark or even sooner. Those who are not transitioned immediately may continue in the Gladiator Phase until they meet the required standards.
  If eligible, the risk managers will reach out directly with next steps. Upon selection, the trader’s PTSA accounts are closed, and they transition to trading on corporate accounts. At this stage, traders become employees if residing in the EU, or subcontractors if residing outside the EU.

Unlimited Growth Opportunity #

• Payout Cap Removal: If you trade well throughout the risk assessment period without disqualification, your weekly payout caps may be lifted as you transition to the 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.

Important Note #

Risk Management & Compliance:
If, after the 12-week period, 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 reinstate payout caps or 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.

All Accounts (Warrior to Gladiator): Traded in Simulation Accounts only.