Real Prop Trading
The Path to Real Prop
PropShopTrader’s progression model is designed to identify disciplined traders and transition them into professional capital allocation. There are three structured phases.
- Phase 1 - Build Verified Consistency (Evaluation Phase)
- Trade within defined risk and drawdown parameters
- Accumulate Benchmarks on a single account
- Demonstrate structured, repeatable participation
Benchmarks are tracked automatically within the trader dashboard.
A minimum of six (6) to eight (8) Benchmarks on a single account is required for Real Prop consideration.
Benchmarks across multiple accounts do not combine.
- Phase 2 - Real Prop Transition (RPTA Onboarding)
Traders who complete required Benchmarks and meet longevity, compliance, and risk management standards transition to a Real Prop Trading Account (RPTA).
At this stage:
- The Evaluation agreement concludes
- A Real Prop Trading Agreement is issued
- A Signing Bonus is released upon execution of the Real Prop agreement
- Phase 3 - Capital Expansion
Once trading in Real Prop, progression becomes performance-aligned within defined risk parameters.
As disciplined participation continues:
- Position sizing may expand
- Drawdown parameters may adjust
- Capital allocation may increase
There are no payout caps in the Real Prop phase. Scaling decisions remain subject to Risk Team discretion and ongoing review.
Real Prop Starting Framework
Upon transition, traders are issued one or more Real Prop Trading Accounts with defined starting parameters.
These parameters are structured starting points and may adjust over time based on risk behavior and internal review.
Max Static Drawdown
Static drawdown mirrors the tier demonstrated during Evaluation and does not trail upward as profits increase.
- $1,250 tier
- $2,500 tier
- $5,000 tier
Starting Position Size
- Futures: 1-5 contracts (or micro equivalent)
- Stocks: Buying power aligned with account tier
Profit Split
- 80 / 20 split to start
- Adjustments may be available based on structured participation and internal review
Payout Structure
- No payout caps
- Payouts are issued on a monthly cadence
- Qualifying profitable trading days required prior to payout eligibility
- All payouts remain subject to compliance and risk review
Signing Bonus Release
- 50% released upon execution of the Real Prop Trading Agreement
- 25% released with the first qualifying payout
- 25% released with the second qualifying payout
Number of Real Prop Accounts
Futures traders may receive up to three (3) Real Prop Trading Accounts. Stock traders may receive up to one (1) Real Prop Trading Account.
Final allocation is determined by:
- Number of qualifying Evaluation accounts
- Demonstrated consistency
- Compliance standards
- Overall risk profile
Scaling Framework
Scaling is not time-based. It is reviewed based on structured participation and risk management standards. Below is a representative progression framework:
| Phase | Max Static DD | DLL | Futures Contracts | Stock Buying Power | Profit to Scale |
|---|---|---|---|---|---|
| Phase One | $1,250 | $250 | 2 | $25K | $1,500 |
| Phase Two | $2,500 | $500 | 3 | $50K | $3,000 |
| Phase Three | $5,000 | $1,000 | 4 | $100K | $6,000 |
| Phase Four | $10,000 | $1,500 | 6 | $200K | $15,000 |
| Phase Five | $15,000+ | Dynamic | 8–10+ | $300K | Internal Review |
| Beyond | Expanded | Dynamic | Expanded | Expanded | Internal Review |
This framework is illustrative only. Scaling terms, drawdown levels, position sizing, and thresholds are determined by the Risk Team based on demonstrated behavior and internal standards.
Spartan Program
Direct Entry to Real Prop
The Spartan Program provides a structured entry path for experienced traders with verifiable live broker performance. Qualified traders may begin directly in a Real Prop Trading Account without participating in the Evaluation phase.
Eligibility Requirements
- Verified live broker statements
- Minimum 3–6 months of live trading history
- No simulated payout records
- Demonstrated drawdown control
- Risk transparency and verification
What Qualified Traders Receive
- Access to live Real Prop Trading Accounts
- Defined professional risk parameters
- No payout caps
- Structured scaling review
Professional Standard
Consistency opens opportunity.
Structured participation leads to expanded capital allocation.
All progression remains subject to ongoing review for compliance, risk integrity, and program standards.
Compliance Disclosure PropShopTrader reserves the right, at its sole discretion, to modify, suspend, or discontinue any aspect of the Real Prop model. Transition to Real Prop is not guaranteed and remains subject to ongoing performance, risk, and compliance review.
Signing Bonuses are not tied to trading performance, profitability, or future results. Signing Bonuses are issued upon execution of the applicable Real Prop Trading Agreement and remain subject to firm discretion.
