> 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/propw-trading-rules/propw-evaluation-program-and-training-account-rules.md). # PropW Evaluation Program & Training Account Rules ## I. Evaluation Program Rules ### 1. Standard Evaluation – Core Rules #### Evaluation Targets Evaluation Phase 1 * Achieve a net account gain of 5% Evaluation Phase 2 * Achieve a net account gain of 10% #### Minimum Profitable Trading Days Participants must complete at least three (3) Minimum Profitable Trading Days in both Evaluation Phase 1 and Evaluation Phase 2. #### Minimum Daily Profit Requirement Each profitable trading day must satisfy the minimum daily profit requirement applicable to the selected Evaluation Package. | Account Size | Minimum Daily Profit Requirement | | ------------ | -------------------------------: | | 1,000 USDT | 0.75% (7.5 USDT) | | 5,000 USDT | 0.70% (35 USDT) | | 10,000 USDT | 0.50% (50 USDT) | | 50,000 USDT | 0.30% (150 USDT) | | 100,000 USDT | 0.20% (200 USDT) | #### Maximum Loss Limits Maximum Daily Loss Account equity may not decline by more than 5% during any trading day (UTC+8). Maximum Overall Loss The maximum decline in account equity from the initial account balance may not exceed: * 10% for 2,000 / 5,000 / 10,000 USDT Evaluation Packages * 8% for 50,000 / 100,000 USDT Evaluation Packages #### Evaluation Duration & Leverage * Evaluation Time Limit: Unlimited * Trading Period: Unlimited * Maximum Leverage: 5× For complete package information, please refer to PropW Evaluation Packages & Core Trading Rules. ### 2. Professional Evaluation – Core Rules #### Evaluation Targets Evaluation Phase 1 * Achieve a net account gain of 10% Evaluation Phase 2 * Achieve a net account gain of 0.1% #### Minimum Profitable Trading Days Evaluation Phase 1 * Minimum 3 profitable trading days Evaluation Phase 2 * Minimum 1 profitable trading day #### Minimum Daily Profit Requirement | Account Size | Phase 1 | Phase 2 | | ------------ | ---------------: | ---------------: | | 10,000 USDT | 0.70% (70 USDT) | 0.10% (10 USDT) | | 25,000 USDT | 0.50% (125 USDT) | 0.10% (25 USDT) | | 50,000 USDT | 0.30% (150 USDT) | 0.10% (50 USDT) | | 100,000 USDT | 0.20% (200 USDT) | 0.10% (100 USDT) | | 200,000 USDT | 0.18% (360 USDT) | 0.10% (200 USDT) | #### Maximum Loss Limits Maximum Daily Loss Account equity may not decline by more than 4% within a trading day (UTC+8). Maximum Overall Loss The maximum decline from the initial account balance may not exceed 6%. #### Evaluation Duration & Leverage * Overall Evaluation Time Limit: Unlimited * Evaluation Phase 1: 30 Days * Evaluation Phase 2: 10 Days * Maximum Leverage: 5× For complete package information, please refer to PropW Evaluation Packages & Core Trading Rules. ### 3. Margin & Order Rules #### Margin Usage There are no margin usage restrictions during the Evaluation Phases, allowing participants flexibility when managing simulated account capital. #### Supported Order Types Limit Order Orders are executed at the specified price or a more favorable price. Market Order Orders are executed immediately at the prevailing market price. #### Margin Modes Isolated Margin Each position maintains independent margin and isolated risk. Cross Margin All open positions share the account's available margin. #### Maximum Position Holding Period Positions may be held for a maximum of 10 calendar days. Positions exceeding this limit will be automatically closed by the system. #### Position Margin Limits **Maximum Margin Per Position** * BTC & ETH: 15,000 USDT * Other Trading Pairs: 5,000 USDT Maximum Position Value = Position Margin × Maximum Leverage (5×) Example: 15,000 × 5 = 75,000 USDT **Maximum Total Position Margin** Maximum Total Position Margin: 200,000 USDT Maximum Total Position Value: 1,000,000 USDT (200,000 × 5×) Please refer to Tradable Assets for position limits applicable to each trading instrument. ### 4. Evaluation Review After successfully completing an Evaluation Phase, the account will enter the review process. Reviews are generally completed within 1–3 business days. Participants will automatically advance to the next stage after approval. ### 5. Evaluation Completion Requirements To successfully complete an Evaluation Phase and enter the review process, all of the following conditions must be satisfied: * The required Evaluation Target has been achieved. * All open positions have been manually closed. * No active positions remain in the account. #### Important Even if the Evaluation Target has been achieved, the account will not enter the review process while positions remain open. Once all positions have been closed and the system confirms that the Evaluation Target has been satisfied, the account will automatically enter the review process. ## II. Training Account (Phase 3) Participants who successfully complete both Evaluation Phases will receive a PropW Training Account. The Training Account allows participants to continue practicing their trading skills within PropW's simulated training environment while becoming eligible for Scholarship Rewards in accordance with the applicable Scholarship Policy. ### 1. Training Account Activation & First Scholarship Application After the Training Account has been activated, the first Scholarship Application may be submitted 14 calendar days later. ### 2. Margin Usage Limit During the Training Phase, margin utilization of 70% or above is considered high-risk behavior. Examples include: * Excessive position concentration * One-directional heavy exposure * Large positions before major market events The system may issue warnings or intervene when abnormal risk behavior is detected. ### 3. Maximum Position Holding Period Positions may be held for a maximum of 10 calendar days. Positions exceeding this limit will be automatically closed. ### 4. Position Limits Training Accounts do not impose a maximum margin limit for individual positions. Only the overall Maximum Position Margin applies. Maximum Position Value = Maximum Position Margin × Maximum Leverage (5×) Please refer to Tradable Assets for instrument-specific position limits. ### 5. Training Account Risk Management #### Account Suspension Training Accounts without any trading activity for 30 consecutive days will automatically be suspended. During suspension, participants may view account history but may not place new trades. #### Reactivation Participants may submit a reactivation request within 15 days after suspension. Applications are normally reviewed within 1–3 business days. Training Accounts that remain inactive beyond the reactivation period may be permanently closed. #### Policy Violations Participants who violate the User Agreement, Privacy Policy, Trading Rules, or Abnormal Trading Monitoring Standards may be subject to account restrictions, suspension, or permanent termination, depending on the severity of the violation. ### 6. Scholarship Application Consistency Requirement The Consistency Requirement encourages participants to demonstrate stable and disciplined trading performance rather than relying on a single exceptional trading day. To submit a Scholarship Application, participants must satisfy both conditions below: * Consistency Ratio ≤ 45% * Cumulative Net Profit during the current Scholarship cycle is greater than zero #### Calculation Consistency Ratio = (Maximum Single-Day Net Profit ÷ Cumulative Net Profit) × 100% If the Consistency Ratio exceeds 45%, participants do not need to restart the Evaluation Program or reset their Training Account. They may continue trading until additional cumulative profits reduce the ratio to an eligible level. Please refer to the PropW Consistency Rule for detailed explanations and calculation examples. ### 7. Scholarship Application Processing Scholarship Applications are normally processed within 24–48 hours after submission. All open positions must be closed before submitting an application. ### 8. Training Account Termination If a Training Account exceeds any applicable Maximum Loss limit or otherwise violates the applicable Trading Rules, the account may be terminated immediately. Upon termination, the final account balance will be determined using the account equity at the time of termination, including: * Allocated simulated capital * Realized trading results * Unrealized trading results The handling of terminated Training Accounts is subject to the PropW User Agreement and applicable platform policies. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://docs.propw.com/help-center/propw-trading-rules/propw-evaluation-program-and-training-account-rules.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.