# The Prop Trade — rules, pricing and payouts

> The Prop Trade — proprietary trading firm tracked by Prop Firm Pal.

**Source:** https://propfirmpal.com/firms/unverified/the-prop-trade  
**Generated:** 2026-10-06  
**Publisher:** Prop Firm Pal — independent prop firm comparison

_Prop Firm Pal earns affiliate commission from some listed firms. This is disclosed on-site and does not affect the computed ranking order._

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## Key terms
| Field | Value |
| --- | --- |
| Verification | Listed, not verified |
| Community rating | no reviews yet |
| Evaluation types | not published |
| Cost to a $100,000 funded account | not published |
| Cheapest entry price | not published |
| Instant funding | not offered |
| Account sizes | not published |
| Maximum profit split | not published |
| Phase 1 profit target | not published |
| Daily drawdown | not published |
| Maximum drawdown | not published |
| Platforms | not published |
| Instruments | not published |
| Payment methods | not published |
| Payout methods | not published |
## Is The Prop Trade legit?

Prop Firm Pal has not verified The Prop Trade, so this is not an endorsement: it is what the record shows. Its own pages name the operating company as Quantelite – Fzco, in Dubai Silicon Oasis, United Arab Emirates. Its website has been active in Prop Firm Pal's monthly traffic record since November 2025, and traffic over the last three months is falling sharply. Its payout policy is published, and summarised on the Payouts tab.

| Record | What we hold |
| --- | --- |
| Company | Quantelite – Fzco |
| Headquarters | Dubai Silicon Oasis, United Arab Emirates |
| In our traffic record | Since November 2025 (10 months) |
| Traffic, last three months | Falling sharply (-69% to August 2026) |

- Company: "Quantelite – Fzco, with its registered office at Unit 45679-001, IFZA Business Park, Dubai Silicon Oasis, United Arab Emirates, company`s registration number DSO-FZCO-43496" — https://theproptrade.com/terms-and-conditions/
- Headquarters: "with its registered office at Unit 45679-001, IFZA Business Park, Dubai Silicon Oasis, United Arab Emirates" — https://theproptrade.com/terms-and-conditions/

## What this firm publishes

thePropTrade is a forex and CFD prop firm running four programs — PayFlex (Edge 1-Step), Classic 1-Step, Classic 2-Step and Instant Funding — on its own licensed MT5, cTrader or TradeLocker, across forex, indices, metals, energy and cryptocurrency. PayFlex is the one that sets it apart: a one-time initial fee of $9.99 whatever the account size, with the activation fee payable only after the target is met, at $29 on a 5K account rising through $56, $149 and $269 to $419 on a 100K account. PayFlex also pays back 50% of the profit made during the evaluation step, added to the third payout from the funded account. Every program advertises an 80% profit split. The firm is operated by Quantelite – Fzco, registered in Dubai Silicon Oasis.

The thePropTrade rules differ by program. Classic 1-Step asks for a 12% profit target inside a 6% static maximum drawdown and a 3% daily drawdown; Classic 2-Step asks 5% then 8% inside an 8% static drawdown with 4% daily; PayFlex asks 3% with a 6% trailing lock drawdown and 3% daily; Instant Funding has no profit target and the same 6% trailing lock. Daily drawdown is balance-based, measured from the previous day's end-of-day balance and reset at 21:00 UTC, and breaching it closes the account. There is no time limit, but Classic accounts need three profitable days of at least 0.5% each. The rules that most often catch traders are the Equity Protector, which auto-closes all positions at 3% floating loss (1% on Instant Funding) and turns a third soft breach into account closure, a 70% margin overexposure limit, a 3% risk cap per trade idea (1% on Instant Funding), a 120-second minimum holding time and the 5-minute news window.

Payouts are on demand on PayFlex and Instant Funding once the TPT Score is 25% or below. Classic 1-Step pays 14 calendar days after the first funded trade and then every 7 days, Classic 2-Step every 14 days. The minimum is $100 of net profit, requests are processed within 3 business days, and payment is by Skrill, Neteller or USDT, USDC and BTC. KYC is required before trading a funded account. The evaluation fee is refunded with the third funded payout, and Instant Funding fees are not refundable. Apart from the PayFlex fee table, prices are not published outside the checkout.

_Compiled from The Prop Trade's own published pages, retrieved 2026-09-15. Not independently verified by Prop Firm Pal._

| Field | Value | Source |
| --- | --- | --- |
| legalName | Quantelite – Fzco | [published page](https://theproptrade.com/terms-and-conditions/) |
| headquarters | Dubai Silicon Oasis, United Arab Emirates | [published page](https://theproptrade.com/terms-and-conditions/) |
| platforms | MetaTrader 5, cTrader, TradeLocker | [published page](https://theproptrade.com/) |
| instruments | Forex, Indices, Metals, Energy, Cryptocurrency | [published page](https://theproptrade.com/platforms-instruments-faqs/symbols-faqs/) |
| availableAssets | Forex, Indices, Metals, Energy, Cryptocurrency | [published page](https://theproptrade.com/platforms-instruments-faqs/symbols-faqs/) |
| payoutMethods | Skrill, Neteller, USDT, USDC, BTC, Local payment methods where supported | [published page](https://theproptrade.com/order-payout-faqs/payout-methods/) |
| payoutFrequency | On demand on PayFlex Edge and Instant Funding; on Classic 1-Step the first payout comes 14 calendar days after the first funded trade and then every 7 calendar  | [published page](https://theproptrade.com/order-payout-faqs/payout-time/) |
| restrictedCountries | Afghanistan, Burundi, Central African Republic, China, Congo Republic, Crimea, Cuba, Democratic Republic of Congo, Eritrea, Guinea, Guinea-Bissau, Iran, Iraq, I | [published page](https://theproptrade.com/general-questions-faqs/who-can-join-theproptrade/) |
| maxProfitSplitPercent | 80 | [published page](https://theproptrade.com/instant-funding-faqs/payout-instant-funding/) |
| positioning | A prop firm offering funded accounts through evaluations and instant funding, with a low-entry PayFlex programme where most of the fee is paid only after passin | [published page](https://theproptrade.com/about/) |
| targetTrader | Instant Funding for traders confident in their strategy from day one; PayFlex for traders who want a low upfront cost | [published page](https://theproptrade.com/instant-funding-faqs/how-does-instant-funding-works/) |
| maxAllocation | 400000 | [published page](https://theproptrade.com/trading-rules-guidelines-faqs/max-allocation-rule/) |
| scalingPlan | Funded accounts scale by 25% after 10% profit in each of four consecutive months, up to $2 million, with drawdown limits rising proportionally | [published page](https://theproptrade.com/trading-rules-guidelines-faqs/scaling-rule/) |
| refundPolicy | The evaluation fee is refunded with the third profit split payout from a funded account; before trading, a refund can be requested within 14 days if no trades h | [published page](https://theproptrade.com/order-payout-faqs/refund-upon-passing-rule/) |
| inactivityPolicy | An account with no trades for 30 calendar days is breached and closed, and cannot be reactivated | [published page](https://theproptrade.com/trading-rules-guidelines-faqs/inactivity-rule/) |
| kycRequirements | Mandatory before trading an Instant Funding account or a funded challenge account; proof of address is not required at initial verification but may be requested | [published page](https://theproptrade.com/order-payout-faqs/kyc-rule/) |
| minPayoutAmount | $100 net profit per payout request | [published page](https://theproptrade.com/instant-funding-faqs/payout-instant-funding/) |
| payoutProcessingTime | Within 3 business days of the request | [published page](https://theproptrade.com/instant-funding-faqs/payout-instant-funding/) |
| tradingHours | Cryptocurrencies can be traded at the weekend while forex markets are closed | [published page](https://theproptrade.com/trading-rules-guidelines-faqs/overnight-weekend-holding-rule/) |
| fees | [object Object], [object Object] | [published page](https://theproptrade.com/edge-1-step-faqs/payflex-when-to-pay/) |
| rules | [object Object], [object Object], [object Object], [object Object], [object Object], [object Object], [object Object], [object Object], [object Object], [object | — |
| plans | 8 plans | [published page](https://theproptrade.com/edge-1-step-faqs/payflex-when-to-pay/) |

## Frequently asked questions

### What is thePropTrade's profit split?

thePropTrade advertises an 80% profit split to the trader on all four programs. PayFlex accounts also pay back 50% of the profit made during the evaluation step, added to the third payout request from the same funded account.

### How much does a thePropTrade challenge cost?

Only the PayFlex prices are published outside the checkout. PayFlex costs a one-time initial fee of $9.99 for any account size, then an activation fee paid only after passing: $29 on a 5K account, $56 on 10K, $149 on 25K, $269 on 50K and $419 on 100K. Classic and Instant Funding prices are not published on the pages read.

### What are thePropTrade's drawdown rules?

Classic 1-Step has a 6% static maximum drawdown with a 3% daily limit, and Classic 2-Step an 8% static drawdown with 4% daily. PayFlex and Instant Funding both use a 6% trailing lock drawdown that rises with the balance and locks at the starting balance, with a 3% daily limit. Daily drawdown is balance-based, taken from the previous day's end-of-day balance and recalculated at 21:00 UTC.

### Does thePropTrade have a consistency rule?

Not on the Classic programs — thePropTrade states there is no consistency rule on Classic 1-Step or Classic 2-Step accounts. Instant Funding and PayFlex Edge funded accounts instead need a TPT Score of 25% or below to request a payout, calculated as the largest winning day plus the largest losing day divided by total profit. A higher score blocks the payout but does not breach the account.

### How do thePropTrade payouts work?

PayFlex and Instant Funding payouts are on demand once the eligibility criteria are met. Classic 1-Step pays 14 calendar days after the first trade on the funded account and then every 7 calendar days, and Classic 2-Step every 14 calendar days. The minimum is $100 of net profit, requests are processed within 3 business days, and Classic payouts also need three profitable days of 0.5%.

### Does thePropTrade allow news trading and EAs?

Both, with conditions. Trades may not be opened or closed on an affected instrument from 5 minutes before to 5 minutes after a major news release, though positions can be held through it; breaking the window is a soft breach and the profits are removed. Automated strategies are allowed only if they are the trader's own original work, and commercial or third-party expert advisors are prohibited.

### What are thePropTrade's trading rules?

Beyond the drawdowns, no more than 70% of available margin may be used at any time, no single trade idea may risk 3% or more of the balance (1% on Instant Funding), and positions should be held for at least 120 seconds. The Equity Protector closes all positions at 3% floating loss, or 1% on Instant Funding, and a third soft breach closes the account. Grid systems, latency and arbitrage strategies, high-frequency trading, account rolling and one-sided bets are prohibited.

### Is there a time limit on thePropTrade challenges?

No. thePropTrade states there is no maximum number of days to complete the Challenge. Classic accounts do need three profitable trading days, each a net gain of at least 0.5% of the initial balance, and any account is breached if no trade is placed for 30 calendar days.

### Does thePropTrade refund the challenge fee?

Yes, in two ways. The evaluation fee is refunded with the third profit split payout from the funded account, provided the account is not breached first. Before trading starts, a refund can be requested within 14 days of receiving the login details if no trades have been placed. Instant Funding fees are not refundable under any circumstances.

### Does thePropTrade offer instant funding?

Yes. Instant Funding accounts start on a funded account with no evaluation phase and no profit target, after the contract is signed and KYC is completed. They run a 6% trailing lock drawdown, a 3% daily limit and a tighter 1% risk cap per trade idea, and payouts are on demand once the TPT Score is 25% or below.

### Which countries are restricted at thePropTrade?

thePropTrade says its services are not available to people residing in or originating from 33 listed countries and regions, among them the United States, China, Russia, Ukraine, the United Arab Emirates, Vietnam, Iran and North Korea. All clients must be at least 18, and the restriction also covers anyone on a sanctions list. Its platform FAQ, however, says "US-based traders may use TradeLocker only", which conflicts with the exclusion list.

### Is thePropTrade legit?

thePropTrade is operated by Quantelite – Fzco, registered at IFZA Business Park, Dubai Silicon Oasis, United Arab Emirates, with company registration number DSO-FZCO-43496; no financial licence is published on the pages read. The firm states plainly that "All thePropTrade accounts use simulated capital" while rewards paid to funded traders are real. Its terms also say that after passing an evaluation, customers "may be offered a contract to participate in the thePropTrader (Funded) Account Program" and that "This opportunity is at the sole discretion of the company", so a funded account is not guaranteed by passing.

## Related pages
- [The Prop Trade rules](https://propfirmpal.com/firms/unverified/the-prop-trade/rules) — markdown: https://propfirmpal.com/firms/unverified/the-prop-trade/rules.md
- [The Prop Trade payouts](https://propfirmpal.com/firms/unverified/the-prop-trade/payouts) — markdown: https://propfirmpal.com/firms/unverified/the-prop-trade/payouts.md
- [All prop firms compared](https://propfirmpal.com/best-prop-firms)
- [The Prop Trade alternatives](https://propfirmpal.com/alternatives/the-prop-trade)
- [The Prop Trade web traffic history](https://propfirmpal.com/firms/unverified/the-prop-trade/traffic)