> For the complete documentation index, see [llms.txt](https://docs.propw.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.propw.com/help-center/getting-started/propw-faq.md).
# PropW FAQ
## Basic Introduction
### Q1: What is PropW?
PropW is a trading skills evaluation and training platform built on a simulated trading environment. It is dedicated to helping participants develop professional trading skills through structured evaluations, practical training, and performance analysis.
The platform offers multiple evaluation programs with different durations and rule sets, allowing participants to improve trade execution, strengthen risk management awareness, and validate trading strategies in realistic simulated market conditions.
With comprehensive risk management tools and performance analytics, PropW objectively evaluates trading performance and provides visualized performance reports, enabling participants to continuously improve their trading capabilities through simulation-based learning.
### Q2: How do I join PropW?
Select an evaluation program that matches your trading experience and complete the corresponding registration fee payment.
After your registration is confirmed, you can begin trading in the simulated environment according to the applicable evaluation rules.
### Q3: Why join PropW?
Every trader deserves the opportunity to develop professional trading skills through simulated trading.
PropW provides an educational and practical evaluation experience that helps participants strengthen risk management awareness, build trading discipline, improve trading consistency, and continuously enhance their trading capabilities within a simulated environment.
### Q4: What trading instruments does PropW support?
PropW supports simulated trading for a wide range of cryptocurrency trading pairs.
The list of supported instruments is continuously updated to reflect current market conditions. Please refer to the latest announcements on the PropW platform for the complete list of available trading instruments.
## Evaluation-Related Questions
### Q5: How do I become a PropW Trader?
PropW offers two evaluation programs: Hourly Evaluation and Two-Step Evaluation.
#### Hourly Evaluation
Choose an evaluation duration that matches your trading strategy, customize your registration fee and reward multiplier, and trade with leverage of up to 5×.
Every Hourly Evaluation starts with a 10,000 USDT simulated account.
To successfully complete the evaluation:
* Your account equity must reach or exceed the required Evaluation Target within the selected evaluation period.
* Your account balance must never exceed the Maximum Loss Limit.
* All open positions must be closed before the evaluation period ends.
Once all requirements have been met, your Scholarship Reward will automatically enter the review process and will be issued upon successful verification.
#### Two-Step Evaluation
Evaluation Phase 1
Participants begin by trading in a simulated evaluation account. To proceed to the next phase, all Evaluation Targets must be achieved while complying with the applicable trading rules.
Evaluation Phase 2
The second phase is designed to verify the consistency and stability of your trading performance. Participants must successfully complete the second Evaluation Target before becoming eligible for a Training Account.
Training Account
After successfully completing both evaluation phases, participants will receive a PropW Training Account with an account size of up to 200,000 USDT.
Participants may continue trading in the simulated training environment and become eligible for Scholarship Rewards based on their trading performance and the applicable Scholarship Policy.
### Q6: What evaluation programs does PropW offer?
PropW currently offers two simulated trading evaluation programs:
* Hourly Evaluation
* Two-Step Evaluation
Each program features different account sizes, registration fees, evaluation targets, trading durations, and risk management requirements to accommodate different trading styles and experience levels.
### Q7: What are the evaluation rules?
#### Hourly Evaluation
* Each account may participate in only one Hourly Evaluation at a time.
* Every evaluation duration has a fixed Evaluation Target.
* All positions must be closed before the evaluation period ends.
* Failure to achieve the Evaluation Target within the specified time will result in an unsuccessful evaluation.
* Each evaluation has a Maximum Account Loss limit. Exceeding this limit will immediately terminate the evaluation.
#### Two-Step Evaluation
* Every evaluation package includes a predefined Evaluation Target.
* Evaluation Targets are calculated using closed positions only.
* Participants must satisfy the required minimum profitable trading days.
* Maximum Daily Loss and Maximum Overall Loss limits apply throughout the evaluation.
* Exceeding any applicable loss limit will result in immediate evaluation failure.
### Q8: What happens if I exceed the loss limit?
If either the Maximum Daily Loss or the Maximum Overall Loss limit is exceeded, the evaluation will immediately fail and all open positions will be forcibly closed.
### Q9: What happens after I successfully complete Evaluation Phase 1?
Once all Evaluation Phase 1 requirements have been satisfied, no additional trading is required for that account.
Following the review process, a new simulated account for Evaluation Phase 2 will normally be issued within approximately three business days.
### Q10: How is the trading day calculated?
#### Hourly Evaluation
Trading is conducted according to the selected evaluation duration (1 hour, 2 hours, 4 hours, or 8 hours).
#### Two-Step Evaluation
The trading day resets at 00:00 (UTC+8).
The Maximum Daily Loss limit is reset at this time, and all subsequent trades are counted toward the next trading day.
## Account-Related Questions
### Q11: Can I participate in multiple evaluations simultaneously?
#### Hourly Evaluation
Each account may participate in only one Hourly Evaluation at a time.
#### Two-Step Evaluation
Participants may operate up to five Evaluation Accounts simultaneously.
Multiple Evaluation Accounts may be traded in parallel during the Evaluation Phases.
Only one active Training Account is permitted at any given time.
If multiple Evaluation Accounts successfully complete the evaluation process, they will be activated according to the order in which they successfully passed the evaluation. Accounts awaiting activation will display a Pending Activation status.
## Q12: What payment methods are supported?
PropW currently supports:
* USDT
* Visa
* Mastercard
* Line Pay
* PromptPay
After payment has been successfully processed, your Evaluation Account will be activated and a confirmation email will be sent automatically.
## Q13: What are the trading fees in the Training Account?
Maker Fee: 0.02%
Taker Fee: 0.06%
## Scholarship-Related Questions
### Q14: How are Scholarship Rewards determined?
#### Hourly Evaluation
Scholarship Rewards are calculated according to the registration fee and reward multiplier selected during evaluation registration.
Scholarship Reward = Registration Fee × Reward Multiplier
#### Two-Step Evaluation
Participants who obtain a Training Account are eligible for a default Scholarship Allocation Ratio of 80:20, meaning participants receive 80% of eligible Scholarship Rewards while PropW retains 20%.
Participants who satisfy the requirements of the PropW Incentive Program may qualify for an allocation ratio of up to 90:10.
### Q15: When can I apply for Scholarship Rewards?
#### Hourly Evaluation
Eligible Scholarship Rewards automatically enter the review process after the evaluation is completed.
Approved rewards are generally issued within 24 hours, and no later than 48 hours under exceptional circumstances.
Requests submitted during non-business days will be processed on the next business day.
#### Two-Step Evaluation
Participants with a Training Account may submit a Scholarship Application once every 14 calendar days, subject to the applicable Scholarship Policy.
Approved Scholarship Rewards are distributed in USDT.
Please refer to the PropW Scholarship Policy for detailed eligibility requirements and application procedures.
## Support & Additional Information
### Q16: Where can I find more information about the evaluation programs?
Complete information about each evaluation program, including evaluation rules, Evaluation Targets, package details, and frequently asked questions, is available in the corresponding evaluation pages on the PropW platform.
### Q17: How can I contact the PropW Support Team?
If you have any questions, require technical assistance, or wish to report an issue, please contact our Support Team through the official contact form on the PropW website or email us at:
Our dedicated support specialists will respond as soon as possible.
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