Standard plan
At every stage of the Standard plan ("Challenge and Real"), trades held for less than 20 seconds are not allowed.
At every stage of the Standard plan ("Challenge and Real"), trades held for less than 20 seconds are not allowed.
Floating risk is active at every stage of the Challenge and Real phases for Standard accounts and cannot be removed.
Floating risk refers to the amount of unrealized loss on open trades. This risk applies at every stage of the "Challenge and Real" phases.
In the Standard plan, floating risk is 2.5% for accounts from $1 to $50,000, and 2% for $100,000 accounts.
How it is calculated:
Floating risk is calculated based on the account's Equity, not its Balance. In other words, if the total unrealized loss on open trades reaches the set limit, the account will be rejected.
Example: " Suppose your Real account has a balance of $10,000, and the maximum floating risk is set at 2.5%.
If you have several open trades and the total unrealized loss (i.e., Equity) drops to $9,750 or lower, your account will be rejected.
Even if you close these trades afterward and your final loss ends up being less than 2.5%, since the account's Equity crossed the allowed limit at some point, a rule violation has occurred."
Floating risk is active at every stage of the Challenge and Real phases for Standard accounts and cannot be removed.
Floating risk refers to the amount of unrealized loss on open trades. This risk applies at every stage of the "Challenge and Real" phases.
In the Standard plan, floating risk is 2.5% for accounts from $1 to $50,000, and 2% for $100,000 accounts.
How it is calculated:
Floating risk is calculated based on the account's Equity, not its Balance. In other words, if the total unrealized loss on open trades reaches the set limit, the account will be rejected.
Example: " Suppose your Real account has a balance of $10,000, and the maximum floating risk is set at 2.5%.
If you have several open trades and the total unrealized loss (i.e., Equity) drops to $9,750 or lower, your account will be rejected.
Even if you close these trades afterward and your final loss ends up being less than 2.5%, since the account's Equity crossed the allowed limit at some point, a rule violation has occurred."
Trading during the release of news (News Trading) is allowed on our accounts. However, please note that during the release of major economic news, due to increased market volatility, there is a possibility of spread widening, slippage, price gaps, and changes in order execution conditions.
All risks and consequences arising from trading under these conditions, including trades closing, stop-loss or take-profit levels triggering with a gap, or changes in trade execution speed, are entirely the trader's responsibility, and the company bears no liability in this regard.
Trading during the release of news (News Trading) is allowed on our accounts. However, please note that during the release of major economic news, due to increased market volatility, there is a possibility of spread widening, slippage, price gaps, and changes in order execution conditions.
All risks and consequences arising from trading under these conditions, including trades closing, stop-loss or take-profit levels triggering with a gap, or changes in trade execution speed, are entirely the trader's responsibility, and the company bears no liability in this regard.
In order to support profitable traders and provide growth opportunities for professional traders, Real accounts meeting the conditions below will automatically receive a 35% capital increase. This capital increase does not require re-entering a Challenge and is based solely on account performance:
- After the third successful withdrawal from the Real account.
- 10% growth of the Real account with each profit withdrawal.
The account must show continuous profit over the specified period and must not have violated any risk management rules.
Example: " Suppose a trader has a $10,000 Real account. They must make three successful withdrawals, with at least $1,000 in profit withdrawn each time. After their performance is confirmed, their account capital increases by 35%, reaching $13,500. "
In order to support profitable traders and provide growth opportunities for professional traders, Real accounts meeting the conditions below will automatically receive a 35% capital increase. This capital increase does not require re-entering a Challenge and is based solely on account performance:
- After the third successful withdrawal from the Real account.
- 10% growth of the Real account with each profit withdrawal.
The account must show continuous profit over the specified period and must not have violated any risk management rules.
Example: " Suppose a trader has a $10,000 Real account. They must make three successful withdrawals, with at least $1,000 in profit withdrawn each time. After their performance is confirmed, their account capital increases by 35%, reaching $13,500. "
If a user uses self-trading bots (Trading Bots), their account will be canceled and rejected.
Permitted use of money management robots
The use of money management (risk/lot-sizing) robots is permitted, and there is no restriction in this regard.
If a user uses self-trading bots (Trading Bots), their account will be canceled and rejected.
Permitted use of money management robots
The use of money management (risk/lot-sizing) robots is permitted, and there is no restriction in this regard.
In the Standard plan, daily risk is calculated based on the balance at the start of the trading day. This means that even if the user is in profit during the day, the daily risk is still calculated based on the account's opening balance for that day.
Your start-of-day balance is the last recorded balance on the previous day before the market closed.
In Standard accounts, the daily risk is 5%. If the daily risk limit is triggered, the account will be rejected.
Example: " Suppose a user starts the trading day with $10,000 and the daily risk is 5%. In this case, the maximum allowed drawdown for that day would be $500 from the start-of-day balance.
• If the user makes a 3% profit during the day and their balance reaches $10,300, the daily risk will still be calculated based on the $10,000 (start-of-day balance). "
In the Standard plan, daily risk is calculated based on the balance at the start of the trading day. This means that even if the user is in profit during the day, the daily risk is still calculated based on the account's opening balance for that day.
Your start-of-day balance is the last recorded balance on the previous day before the market closed.
In Standard accounts, the daily risk is 5%. If the daily risk limit is triggered, the account will be rejected.
Example: " Suppose a user starts the trading day with $10,000 and the daily risk is 5%. In this case, the maximum allowed drawdown for that day would be $500 from the start-of-day balance.
• If the user makes a 3% profit during the day and their balance reaches $10,300, the daily risk will still be calculated based on the $10,000 (start-of-day balance). "
Identity verification is not required during the Challenge stage, but it is mandatory in order to withdraw profit from a Real account.
Identity verification for withdrawing profit from Real accounts
MyProp is committed to protecting the financial security of its users. For this reason, users are required to complete video identity verification before their first profit withdrawal from a "Real" account.
This process is carried out only once, in order to prevent potential misuse, such as the use of other people's accounts or unauthorized transfers. We want to make sure that the profit generated from trading belongs exactly to the account owner.
This measure is part of MyProp's security and anti-fraud policies, and is implemented to protect the rights of genuine users.
Once video identity verification is successfully confirmed, the profit payout will be made at that same stage, and there will be no need to repeat this process for subsequent withdrawals.
Identity verification is not required during the Challenge stage, but it is mandatory in order to withdraw profit from a Real account.
Identity verification for withdrawing profit from Real accounts
MyProp is committed to protecting the financial security of its users. For this reason, users are required to complete video identity verification before their first profit withdrawal from a "Real" account.
This process is carried out only once, in order to prevent potential misuse, such as the use of other people's accounts or unauthorized transfers. We want to make sure that the profit generated from trading belongs exactly to the account owner.
This measure is part of MyProp's security and anti-fraud policies, and is implemented to protect the rights of genuine users.
Once video identity verification is successfully confirmed, the profit payout will be made at that same stage, and there will be no need to repeat this process for subsequent withdrawals.
In order to improve the company's liquidity and margin management, and given that MyProp's Real accounts are connected to the main liquidity account, this policy is implemented to maintain the financial stability of the system and support active users. Accordingly, all Real accounts are required to make a profit withdrawal at least once every 60 calendar days. At the end of this period, if there is profit, settlement will be carried out automatically (in accordance with the rules) without the need to submit a request; if the account is in a loss position, it may be deactivated in order to manage risk and maintain the structure of margin resources. Additionally, in cases where no profit withdrawal has been made during this period and the account ends up in a final loss position, part of the initial fee may be reviewed and refunded as a gesture toward the user and to maintain the system's fair approach. This policy applies to all accounts, including existing users, from 01.03.2026 onward, and the 60-day calculation basis will also begin from this date.
In order to encourage successful traders and motivate them to continue trading on Real accounts, MyProp refunds the fee a user paid to participate in the Challenge after their first profit withdrawal. This policy means traders receive their Challenge fee back as a reward, in addition to the profit generated from their trades.
Conditions for the Challenge fee refund:
The trader must successfully pass the Challenge and reach the Real account stage.
After the first profit withdrawal, if the user has grown their account by at least 10%, they will receive a 135% refund; if their account has grown by less than 10%, they will receive a 100% refund.
Example: "Suppose a trader paid a $500 fee to participate in a $100,000 Challenge.
After succeeding in the Challenge and reaching the Real account stage, they make their first profit withdrawal. If the profit earned is $10,000, the amount of $675 will be refunded to the user. However, if their account has grown by less than $10,000, they will receive a 100% refund, i.e., the $500 fee they paid."
In order to improve the company's liquidity and margin management, and given that MyProp's Real accounts are connected to the main liquidity account, this policy is implemented to maintain the financial stability of the system and support active users. Accordingly, all Real accounts are required to make a profit withdrawal at least once every 60 calendar days. At the end of this period, if there is profit, settlement will be carried out automatically (in accordance with the rules) without the need to submit a request; if the account is in a loss position, it may be deactivated in order to manage risk and maintain the structure of margin resources. Additionally, in cases where no profit withdrawal has been made during this period and the account ends up in a final loss position, part of the initial fee may be reviewed and refunded as a gesture toward the user and to maintain the system's fair approach. This policy applies to all accounts, including existing users, from 01.03.2026 onward, and the 60-day calculation basis will also begin from this date.
In order to encourage successful traders and motivate them to continue trading on Real accounts, MyProp refunds the fee a user paid to participate in the Challenge after their first profit withdrawal. This policy means traders receive their Challenge fee back as a reward, in addition to the profit generated from their trades.
Conditions for the Challenge fee refund:
The trader must successfully pass the Challenge and reach the Real account stage.
After the first profit withdrawal, if the user has grown their account by at least 10%, they will receive a 135% refund; if their account has grown by less than 10%, they will receive a 100% refund.
Example: "Suppose a trader paid a $500 fee to participate in a $100,000 Challenge.
After succeeding in the Challenge and reaching the Real account stage, they make their first profit withdrawal. If the profit earned is $10,000, the amount of $675 will be refunded to the user. However, if their account has grown by less than $10,000, they will receive a 100% refund, i.e., the $500 fee they paid."
- Each stage (Stage 1 and Stage 2) of the Standard Challenge model has a duration of 60 calendar days.
- If a trader is in profit at the end of the 60 days but has not yet met the conditions to pass the stage, they can request an extension by submitting a support ticket. In this case, 10 additional days will be added to that stage's duration.
- Please note that this option is only available for accounts that are in profit.
Alternative option
If a trader wishes to trade without a time limit, they can use the Advanced Challenge, which has no time limit for completing the stages.Under MyProp's rules, and to prevent potential abuse and maintain risk management standards, each trader may have a maximum of 3 active Challenge accounts at the same time. This limit allows traders to maintain sufficient focus on their trades and prevents irregular, non-transparent strategies.
If a user has 3 Real accounts, they can be merged in accordance with the "Capital Increase through a New Challenge" rule.
- Each stage (Stage 1 and Stage 2) of the Standard Challenge model has a duration of 60 calendar days.
- If a trader is in profit at the end of the 60 days but has not yet met the conditions to pass the stage, they can request an extension by submitting a support ticket. In this case, 10 additional days will be added to that stage's duration.
- Please note that this option is only available for accounts that are in profit.
Alternative option
If a trader wishes to trade without a time limit, they can use the Advanced Challenge, which has no time limit for completing the stages.Under MyProp's rules, and to prevent potential abuse and maintain risk management standards, each trader may have a maximum of 3 active Challenge accounts at the same time. This limit allows traders to maintain sufficient focus on their trades and prevents irregular, non-transparent strategies.
If a user has 3 Real accounts, they can be merged in accordance with the "Capital Increase through a New Challenge" rule.
On Standard Real accounts, the trader receives 80% of the profit for the first three withdrawals, and 90% of the profit from the third withdrawal onward.
On Standard Real accounts, the trader receives 80% of the profit for the first three withdrawals, and 90% of the profit from the third withdrawal onward.
Hedging within a single account
Hedging within a personal trading account at MyProp is allowed, and there are no restrictions in this regard.
Hedging with other accounts
If MyProp determines that a user has hedged with another account during any stage of the Challenge or Real phase, their account will be canceled and rejected.
These violations can be identified and tracked through MetaQuotes servers and other monitoring tools.
Hedging within a single account
Hedging within a personal trading account at MyProp is allowed, and there are no restrictions in this regard.
Hedging with other accounts
If MyProp determines that a user has hedged with another account during any stage of the Challenge or Real phase, their account will be canceled and rejected.
These violations can be identified and tracked through MetaQuotes servers and other monitoring tools.
If a user earns 80% of their profit through a single position or several consecutive positions within a limited period of "5 minutes on one symbol and in one direction," their trading account will be reset the first time. If this violation is repeated a second time, the account will be canceled and rejected.
*In this rule, the 5-minute criterion is based on the trade's open time.
This rule applies even if your account is in a loss.
This rule also applies to the Real account; however, on the Real account a violation of this rule will not result in a reset (the account will be rejected instead).
Example: " If you have earned $400 in profit on your Real account and intend to withdraw that $400 profit, you must not have earned $320 of it through a single trade or several consecutive trades on one symbol and in one direction within a 5-minute period. "If a user earns 80% of their profit through a single position or several consecutive positions within a limited period of "5 minutes on one symbol and in one direction," their trading account will be reset the first time. If this violation is repeated a second time, the account will be canceled and rejected.
*In this rule, the 5-minute criterion is based on the trade's open time.
This rule applies even if your account is in a loss.
This rule also applies to the Real account; however, on the Real account a violation of this rule will not result in a reset (the account will be rejected instead).
Example: " If you have earned $400 in profit on your Real account and intend to withdraw that $400 profit, you must not have earned $320 of it through a single trade or several consecutive trades on one symbol and in one direction within a 5-minute period. "To maintain fairness and transparency and to prevent abuse of the Challenge process, each user is only allowed to have one user account on the MyProp website.
Please note that the phone number registered on the site must match the national ID, and it is not possible to change the phone number.
A "user account" refers to an account registered with a mobile phone number matching the individual's national ID, under which you may hold multiple active or inactive Challenges.
Creating multiple user accounts with different phone numbers, or using false information to register again, is considered a violation of MyProp's rules.
If an individual is found to have more than one user account, all related accounts will be rejected without exception. This also applies to all ongoing or successful Challenges.
Please be careful when registering and strictly avoid creating duplicate accounts.
To maintain fairness and transparency and to prevent abuse of the Challenge process, each user is only allowed to have one user account on the MyProp website.
Please note that the phone number registered on the site must match the national ID, and it is not possible to change the phone number.
A "user account" refers to an account registered with a mobile phone number matching the individual's national ID, under which you may hold multiple active or inactive Challenges.
Creating multiple user accounts with different phone numbers, or using false information to register again, is considered a violation of MyProp's rules.
If an individual is found to have more than one user account, all related accounts will be rejected without exception. This also applies to all ongoing or successful Challenges.
Please be careful when registering and strictly avoid creating duplicate accounts.
Copy trading within a single account
Copy trading between a user's own trading accounts under a single user account is allowed.
Copy trading with other accounts
Copy trading with the trading accounts of other MyProp users is not allowed, and if detected, the user's account will be canceled and rejected.
Copy trading within a single account
Copy trading between a user's own trading accounts under a single user account is allowed.
Copy trading with other accounts
Copy trading with the trading accounts of other MyProp users is not allowed, and if detected, the user's account will be canceled and rejected.
Overall risk is the maximum amount of capital drawdown a trader is allowed to experience over the entire Challenge period. Overall risk is calculated based on the initial balance of the purchased Challenge account and remains fixed throughout the period.
In Standard accounts, the overall risk is 10%. If the overall risk limit is triggered, the account will be rejected.
Example: " Suppose you have a $10,000 Challenge account with an overall risk of 10%.
This means the maximum capital drawdown allowed over the entire Challenge period is $1,000.
Important restriction:
Traders cannot use up the overall risk in a single day. For example, if the overall risk is 10% and the daily risk is 5%, you cannot lose 10% in one day, because your daily risk limit will be triggered first and your account will be rejected. "
Overall risk is the maximum amount of capital drawdown a trader is allowed to experience over the entire Challenge period. Overall risk is calculated based on the initial balance of the purchased Challenge account and remains fixed throughout the period.
In Standard accounts, the overall risk is 10%. If the overall risk limit is triggered, the account will be rejected.
Example: " Suppose you have a $10,000 Challenge account with an overall risk of 10%.
This means the maximum capital drawdown allowed over the entire Challenge period is $1,000.
Important restriction:
Traders cannot use up the overall risk in a single day. For example, if the overall risk is 10% and the daily risk is 5%, you cannot lose 10% in one day, because your daily risk limit will be triggered first and your account will be rejected. "
Any form of collaboration between traders, in any format, is against the rules.
Engaging in group trading or handing over account management to another person is not allowed and is subject to investigation.
Please note that every user is only permitted to use one valid user account that belongs to them personally.
Using multiple user accounts by one person for abusive purposes, sharing accounts, sharing account login information with other people, logging into several user accounts belonging to different individuals via shared IP addresses, or sharing devices, are all considered rule violations. If such conduct is proven in any way by MyProp, access to all related accounts will be suspended and the accounts rejected.
Any form of collaboration between traders, in any format, is against the rules.
Engaging in group trading or handing over account management to another person is not allowed and is subject to investigation.
Please note that every user is only permitted to use one valid user account that belongs to them personally.
Using multiple user accounts by one person for abusive purposes, sharing accounts, sharing account login information with other people, logging into several user accounts belonging to different individuals via shared IP addresses, or sharing devices, are all considered rule violations. If such conduct is proven in any way by MyProp, access to all related accounts will be suspended and the accounts rejected.
Trading cryptocurrencies is not allowed on Saturdays and Sundays across all MyProp accounts. Although the cryptocurrency market operates 24 hours a day, seven days a week, the liquidity providers that MyProp works with offer very limited liquidity volume on these two days. This can lead to wider spreads, severe price slippage, and poor order execution, ultimately having a negative impact on trade quality.
Example: " Suppose a trader opens a buy position on BTC/USD on a Saturday. Due to low liquidity provider activity, the spread may suddenly widen, causing the trade to close with a larger loss than expected.
The trader may also experience slow order execution, since sufficient liquidity is not available on these days.
To prevent these issues and ensure standard trade execution, MyProp has prohibited crypto trading on Saturdays and Sundays. If a trader opens or closes a trade in the crypto market on these days, their account will be rejected. "
Trading cryptocurrencies is not allowed on Saturdays and Sundays across all MyProp accounts. Although the cryptocurrency market operates 24 hours a day, seven days a week, the liquidity providers that MyProp works with offer very limited liquidity volume on these two days. This can lead to wider spreads, severe price slippage, and poor order execution, ultimately having a negative impact on trade quality.
Example: " Suppose a trader opens a buy position on BTC/USD on a Saturday. Due to low liquidity provider activity, the spread may suddenly widen, causing the trade to close with a larger loss than expected.
The trader may also experience slow order execution, since sufficient liquidity is not available on these days.
To prevent these issues and ensure standard trade execution, MyProp has prohibited crypto trading on Saturdays and Sundays. If a trader opens or closes a trade in the crypto market on these days, their account will be rejected. "
For optimal financial management, the minimum withdrawable amount from the wallet has been set at $100. This minimum amount is designed to ensure correct transaction processing and to prevent a high volume of small requests.
For optimal financial management, the minimum withdrawable amount from the wallet has been set at $100. This minimum amount is designed to ensure correct transaction processing and to prevent a high volume of small requests.
To maintain financial order and comply with liquidity provider standards, MyProp has established a specific schedule for withdrawing profit from Real accounts. This schedule is implemented to ensure correct transaction processing and alignment with global standards. Traders can withdraw their profit according to the specified schedule after successfully passing the Challenge and receiving a Real account.
Profit withdrawal stages:
First withdrawal: possible 20 days after the first trade on the Real account.
Subsequent withdrawals: from the second withdrawal onward, a withdrawal is possible every 7 days.
Example: " Suppose a trader opens their first trade on their Real account on the 1st of the month; they can make their first profit withdrawal on the 21st of the month " after 20 calendar days ".
The trader can make the second withdrawal 7 days later, i.e., on the 28th of the month, and after that, a withdrawal will be possible every 7 days.
This schedule is implemented to align with liquidity provider standards in order to optimize financial and settlement processes. "
To maintain financial order and comply with liquidity provider standards, MyProp has established a specific schedule for withdrawing profit from Real accounts. This schedule is implemented to ensure correct transaction processing and alignment with global standards. Traders can withdraw their profit according to the specified schedule after successfully passing the Challenge and receiving a Real account.
Profit withdrawal stages:
First withdrawal: possible 20 days after the first trade on the Real account.
Subsequent withdrawals: from the second withdrawal onward, a withdrawal is possible every 7 days.
Example: " Suppose a trader opens their first trade on their Real account on the 1st of the month; they can make their first profit withdrawal on the 21st of the month " after 20 calendar days ".
The trader can make the second withdrawal 7 days later, i.e., on the 28th of the month, and after that, a withdrawal will be possible every 7 days.
This schedule is implemented to align with liquidity provider standards in order to optimize financial and settlement processes. "
MyProp is committed to complying with international Anti-Money Laundering (AML) regulations, and all financial transactions are conducted under the supervision of these regulations:
Users who purchase a Challenge through the Rial payment gateway and bank card must make the payment only with a bank card that is in their own name and matches their national ID.If payment is made with a bank card that is not in the user's name, identity verification will not be carried out even if the plan fee is paid and profit is earned, and — due to non-compliance with anti-money-laundering standards — only the Challenge fee will be refunded to the user, after the identity verification process has been completed.
Users who deposit funds into their wallet and then do not purchase a Challenge or use the services may be exhibiting behavior inconsistent with money-laundering patterns.In order to prevent financial abuse and non-compliance with Anti-Money Laundering (AML) standards, and to ensure that financial transactions are carried out within a legal and transparent framework, if a user deposits funds into their wallet but does not make any purchase within a specified period, the refund request will only be reviewed after 30 days have passed from the time of deposit.
MyProp is committed to complying with international Anti-Money Laundering (AML) regulations, and all financial transactions are conducted under the supervision of these regulations:
Users who purchase a Challenge through the Rial payment gateway and bank card must make the payment only with a bank card that is in their own name and matches their national ID.If payment is made with a bank card that is not in the user's name, identity verification will not be carried out even if the plan fee is paid and profit is earned, and — due to non-compliance with anti-money-laundering standards — only the Challenge fee will be refunded to the user, after the identity verification process has been completed.
Users who deposit funds into their wallet and then do not purchase a Challenge or use the services may be exhibiting behavior inconsistent with money-laundering patterns.In order to prevent financial abuse and non-compliance with Anti-Money Laundering (AML) standards, and to ensure that financial transactions are carried out within a legal and transparent framework, if a user deposits funds into their wallet but does not make any purchase within a specified period, the refund request will only be reviewed after 30 days have passed from the time of deposit.
MyProp gives traders who wish to receive more capital the option of participating in a new Challenge and, upon successfully passing it and reaching the Real stage, adding the capital amount set in that Challenge to their existing Real account. This method is designed for traders who intend to trade with a larger amount of capital and achieve faster growth.
Conditions for capital increase through a new Challenge:
- The specifications of the chosen Challenge must exactly match those of the current Challenge that is at the Real stage.
- After the new Challenge reaches the Real stage, both accounts must be in profit in order to be merged.
- The existing account that is at the Real stage must have no rule violations until it is merged with the other account.
Example: "Suppose a trader is initially trading a $10,000 account at the Real stage.
They decide to obtain more capital, so they purchase a new $20,000 Challenge and successfully pass it.
After the Challenge success is confirmed, their Real account capital increases to $30,000."
MyProp gives traders who wish to receive more capital the option of participating in a new Challenge and, upon successfully passing it and reaching the Real stage, adding the capital amount set in that Challenge to their existing Real account. This method is designed for traders who intend to trade with a larger amount of capital and achieve faster growth.
Conditions for capital increase through a new Challenge:
- The specifications of the chosen Challenge must exactly match those of the current Challenge that is at the Real stage.
- After the new Challenge reaches the Real stage, both accounts must be in profit in order to be merged.
- The existing account that is at the Real stage must have no rule violations until it is merged with the other account.
Example: "Suppose a trader is initially trading a $10,000 account at the Real stage.
They decide to obtain more capital, so they purchase a new $20,000 Challenge and successfully pass it.
After the Challenge success is confirmed, their Real account capital increases to $30,000."
To ensure traders' continuous activity, properly assess their real performance, and comply with liquidity provider standards, accounts need to be used regularly.
To maintain the dynamism of trading accounts and prevent resources from being occupied without use, if a trader does not place any trade for 30 days after receiving their account, the account will be deactivated and taken away from them.
If an account is deactivated, the user must purchase a new account and start again from the beginning in order to continue trading.
To ensure traders' continuous activity, properly assess their real performance, and comply with liquidity provider standards, accounts need to be used regularly.
To maintain the dynamism of trading accounts and prevent resources from being occupied without use, if a trader does not place any trade for 30 days after receiving their account, the account will be deactivated and taken away from them.
If an account is deactivated, the user must purchase a new account and start again from the beginning in order to continue trading.
Commission on Forex trades
The commission on all symbols in the Forex market (except cryptocurrency symbols) is $5 per lot.
Commission on crypto trades
For crypto trades, the commission per lot is calculated as 0.002% of the instantaneous price of the relevant currency.
Example: "If the instantaneous price of Bitcoin is $100,000, the commission calculated for 1 lot traded on this symbol is $200.
This rule applies to all Challenge and Real accounts.
Overnight swap
All MyProp trading accounts are subject to overnight swap.
The exact swap amount varies depending on the traded asset and liquidity provider conditions.
Islamic (Swap-Free) accounts do not incur this cost, but this feature is not offered at MyProp.
Traders should factor in swap costs when planning their strategies, especially for long-term (swing) trading, where swap costs may accumulate."
Commission on Forex trades
The commission on all symbols in the Forex market (except cryptocurrency symbols) is $5 per lot.
Commission on crypto trades
For crypto trades, the commission per lot is calculated as 0.002% of the instantaneous price of the relevant currency.
Example: "If the instantaneous price of Bitcoin is $100,000, the commission calculated for 1 lot traded on this symbol is $200.
This rule applies to all Challenge and Real accounts.
Overnight swap
All MyProp trading accounts are subject to overnight swap.
The exact swap amount varies depending on the traded asset and liquidity provider conditions.
Islamic (Swap-Free) accounts do not incur this cost, but this feature is not offered at MyProp.
Traders should factor in swap costs when planning their strategies, especially for long-term (swing) trading, where swap costs may accumulate."
MyProp uses a copy-trade algorithm to execute Real account trades on the company's master accounts. This system is connected to liquidity providers and records and manages traders' performance in a live environment.
How the copy-trade algorithm works, and the conditions for removal from the system:
All trades on Real accounts are copied directly to the company's master accounts.
If a trader violates any of the risk management rules, trading restrictions, or other regulations, their account will be removed from the copy-trade algorithm.
If an account is removed from the copy-trade algorithm due to a rule violation, the trader will no longer be eligible to receive profit, and their account will be rejected.MyProp uses a copy-trade algorithm to execute Real account trades on the company's master accounts. This system is connected to liquidity providers and records and manages traders' performance in a live environment.
How the copy-trade algorithm works, and the conditions for removal from the system:
All trades on Real accounts are copied directly to the company's master accounts.
If a trader violates any of the risk management rules, trading restrictions, or other regulations, their account will be removed from the copy-trade algorithm.
If an account is removed from the copy-trade algorithm due to a rule violation, the trader will no longer be eligible to receive profit, and their account will be rejected.The leverage ("trading leverage") differs depending on the account type:
Challenge accounts: leverage 1:100
1:100 leverage on Challenge accounts allows traders to manage their trades with greater flexibility, but they must still comply with risk management rules.
Traders should note that improper use of leverage can increase trading risk. Therefore, following capital management strategies and controlling trade volume is essential.
The leverage ("trading leverage") differs depending on the account type:
Challenge accounts: leverage 1:100
1:100 leverage on Challenge accounts allows traders to manage their trades with greater flexibility, but they must still comply with risk management rules.
Traders should note that improper use of leverage can increase trading risk. Therefore, following capital management strategies and controlling trade volume is essential.
The broker's official time is set based on (GMT+00:00) UTC . Please note that this is equivalent to 3:30 AM Iran time. In other words, broker time 0 and the start of a new trading day in Iran time is at 3:30 AM.
The broker's official time is set based on (GMT+00:00) UTC . Please note that this is equivalent to 3:30 AM Iran time. In other words, broker time 0 and the start of a new trading day in Iran time is at 3:30 AM.
The use of any VPS/virtual server/cloud server/Remote Desktop to connect to a trading account is prohibited, and all logins must be made exclusively from the user's personal device.
Detection method: checking the CID, IP, and ASN of data centers/cloud providers, abnormal changes in device IP, and access logs.
Consequences: immediate account suspension, cancellation of Challenge stage results, and non-payment of profits on the Real account. This clause is enforced without exception.
The use of any VPS/virtual server/cloud server/Remote Desktop to connect to a trading account is prohibited, and all logins must be made exclusively from the user's personal device.
Detection method: checking the CID, IP, and ASN of data centers/cloud providers, abnormal changes in device IP, and access logs.
Consequences: immediate account suspension, cancellation of Challenge stage results, and non-payment of profits on the Real account. This clause is enforced without exception.
All requests and complaints related to Challenge accounts, receiving a Real account, review of rule violations, and profit withdrawal can only be followed up through MyProp's website ticket system.
If the result of a ticket is not accepted, the user may file a documented complaint through the company's Compliance department:
📧 Compliance@myprop.tradeMyProp's Compliance department is the official and final authority for reviewing such matters, and its stated decision will be the basis for the final ruling.
Raising, publicizing, or pursuing an issue through any channel outside the company's official framework (including Telegram or other social media), will be considered a violation of the rules and will result in the permanent blocking of the user account, the nullification of all follow-up requests, and the loss of the right to operate within MyProp.
If damage is caused to the reputation or intellectual property of the MyProp brand, the matter will be pursued through the competent legal authorities.
All requests and complaints related to Challenge accounts, receiving a Real account, review of rule violations, and profit withdrawal can only be followed up through MyProp's website ticket system.
If the result of a ticket is not accepted, the user may file a documented complaint through the company's Compliance department:
📧 Compliance@myprop.tradeMyProp's Compliance department is the official and final authority for reviewing such matters, and its stated decision will be the basis for the final ruling.
Raising, publicizing, or pursuing an issue through any channel outside the company's official framework (including Telegram or other social media), will be considered a violation of the rules and will result in the permanent blocking of the user account, the nullification of all follow-up requests, and the loss of the right to operate within MyProp.
If damage is caused to the reputation or intellectual property of the MyProp brand, the matter will be pursued through the competent legal authorities.
In order to optimize the company's liquidity management, carry out financial and security controls, reduce operational errors, and ensure the stability and continuity of profit payments to all users, withdrawals from the MyProp internal wallet are processed only two days a week.
The permitted withdrawal days are:
Monday
Thursday
Withdrawal requests submitted outside the above days will be placed in a review queue and processed on the first permitted withdrawal day, in accordance with the company's financial and control procedures.
All withdrawals related to Real accounts at MyProp, after final approval by the Risk Management department and confirmation of the withdrawal, will be deposited directly into the user's internal wallet on the MyProp website. Depositing profit into the internal wallet constitutes the official, final, and undeniable record of the user's profit within MyProp's financial system, and the balance recorded in the wallet is considered to belong entirely to the user.
From the moment the profit is deposited into the wallet, MyProp's obligation regarding payment of that profit is considered fulfilled, and this amount is recorded as the user's official claim within the company's financial system.
In order to optimize the company's liquidity management, carry out financial and security controls, reduce operational errors, and ensure the stability and continuity of profit payments to all users, withdrawals from the MyProp internal wallet are processed only two days a week.
The permitted withdrawal days are:
Monday
Thursday
Withdrawal requests submitted outside the above days will be placed in a review queue and processed on the first permitted withdrawal day, in accordance with the company's financial and control procedures.
All withdrawals related to Real accounts at MyProp, after final approval by the Risk Management department and confirmation of the withdrawal, will be deposited directly into the user's internal wallet on the MyProp website. Depositing profit into the internal wallet constitutes the official, final, and undeniable record of the user's profit within MyProp's financial system, and the balance recorded in the wallet is considered to belong entirely to the user.
From the moment the profit is deposited into the wallet, MyProp's obligation regarding payment of that profit is considered fulfilled, and this amount is recorded as the user's official claim within the company's financial system.