PropW Review

N/A 0 reviews
0 / 5 CPT rating
Incorporation: June 2024
Pros
  • Advanced in-house platform: a one-stop hub without third-party tool dependency, supporting leverage up to 5× and 24/7 access.
  • Low Fees available for certain challenges
  • Refundable Fees
  • Mobile Trading available
Cons
  • No real money trading: PropW is purely a simulation platform and does not function as a broker, so there’s no direct access to live markets.
  • Crypto-only focus: the platform supports only crypto-denominated instruments, excluding Forex, equities, and commodities.
  • Only 27 Crypto Pairs currently available
  • Non-scaling accounts: no scaling plans for growing beyond the initial funded account size.
  • KYC Necessary before starting your challenge
  • Hidden Founder: It’s a bit suspicious that there is no info available about the founding team.
  • Lack of Transparency: No info available on fees and commissions, nor on a lot of trading rules
  • Max Payout: Only $5K per payout
  • Payout Frequency: 14 Days is higher than most competitors.
  • No Long Track Record: PropW was founded less than a year ago. This might not mean anything, but it’s something to keep in mind.
PropW offers access to up to 200,000 USDT in simulated capital, allows you to keep 80 % of profits after a two-phase challenge, and enables trading 24/7 on the PropWARE platform with up to 5× leverage. However, due to its demo environment limited to crypto-to-USDT pairs, strict profit targets, drawdown limits, and withdrawal reviews lasting 24–72 hours reviews on withdrawals, and operates entirely in USDT, it may not meet the needs of traders looking for real-money exposure, diverse asset classes, or multi-currency flexibility.
Who Are PropW
PropW, legally known as PropW Innovations DMCC, is a proprietary trading firm based in Dubai that specializes in certifying crypto trading skills through a structured challenge and verification process. Licensed by the Dubai Multi Commodities Centre (DMCC) on June 26, 2024, PropW operates entirely within the free-zone framework and is powered by a partnership with CoinW Exchange. PropW Innovations DMCC focuses on discovering skilled crypto traders and equipping them with comprehensive training and certification. The company's goal is to provide a risk-free simulated setting where traders can sharpen their strategies without risking their personal funds. fter successfully completing PropW’s two-phase challenge and verification, traders can access virtual funds of up to 200,000 USDT and receive profit shares. The firm prioritizes educational resources and customer support throughout this journey, seeking to close the gap between practice and professional trading.
Trading Capital
Price
Standard Mode - 2000 USDT
28 USDT
Standard Mode - 10,000 USDT
99 USDT
Standard Mode - 25,000 USDT
249 USDT
Standard Mode - 50,000 USDT
399 USDT
Standard Mode - 100,000 USDT
799 USDT
Hard Mode - 5000 USDT
49 USDT
Hard Mode - 25,000 USDT
160 USDT
Hard Mode - 50,000 USDT
308 USDT
Hard Mode - 100,000 USDT
533 USDT
Hard Mode - 200,000 USDT
1066 USDT
Trading Platforms
PropWARE
Deposit Methods
Withdrawal Methods
Tradable Instruments
Cryptocurrency
Rules
Exploiting platform errors or delays
Using external or third-party data feeds
Deploying automated or AI-driven strategies not sanctioned by PropW
Engaging in unethical trading behaviors such as market manipulation.
Standard mode rules: 5% profit target in phase 1, 10% in phase 2, 5% max daily loss, 10%/6% max trailing drawdown, 5 minimum trading days, 5:1 leverage, no time limits.
Hard mode rules: 5% profit target in phase 1, 10% in phase 2, 5%/4% max daily loss, 10%/6% max trailing drawdown, 5 minimum trading days, 5:1 leverage, no time limits.
Brokers
CoinW
Account Currencies
USDT
Trading Programs
Standard Mode
Hard Mode
Trading capital up to
$200,000
Scaling plan up to
$200,000
0 Overall Rating
Trading Conditions
Platform & Tools
Payouts
Support & Resources
Costs & Fees
Transparency & Trust
Restricted Countries

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