Crypto / Firms / Propr

Propr review: rules, prices and payouts

British Virgin Islands·Founded 2026·★ 4.4 (67)

Flat 80% split, no tiersOn-demand USDC payouts from $20Bots and API fully allowedNo consistency rule or time limit160+ perps on HyperliquidTurbo max loss only 3%No fee refund, even on a passSimulated accounts, A-book or B-book

From

$25

From $25

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Cheapest start$25$5K · 1 Step

Daily / max loss3% / 3%static max loss

Trust score

Trustpilot

4.467 reviews · 9% one-star

5★87%

4★1%

3★0%

2★3%

1★9%

Average stars per month (Trustpilot). Red points are months under 3.5. Source ↗

Our verdict

Propr suits a perps trader who wants 160+ simulated perpetual markets, full API and bot access, and no consistency rule, minimum days or time limit. The trade-offs are a flat 80% split with no fee refund even after a pass, and tight one-step daily limits of 3% alongside a Turbo maximum loss of only 3%. Payouts are on demand in USDC on chain from a $20 minimum, with no waiting period and no limit on requests, and each payout sweeps all available profit. Trustpilot shows 4.4 from 67 reviews, all from the last 12 months, so the rating is real but rests on a small, young review base for a firm founded in April 2026.

What traders likeReviewers describe responsive, helpful supportReviewers find the rules clear and trader-friendlyReviewers report fast, reliable payoutsReviewers like the low spreads, fees and slippageReviewers praise the trading platform as easy to use or smooth and reliable to trade on

What traders complain aboutReviewers report platform bugs and order glitchesReviewers report slow or missing replies from supportReviewers dispute evaluation results or breaches as wrongSome reviewers call the marketing misleading or exaggeratedReviewers report access limits for US users and a missing API key page

True cost to get funded

One-time

$495

Classic 1-Step · no activation

Classic 1-Step is a one-time fee of $495, so the months slider does not change it.

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Summary

Propr, founded in April 2026 in the British Virgin Islands by chief executive Louis Regis offers simulated perpetual futures on the Propr Terminal, with market data from Hyperliquid. Account sizes run from 5,000 to $200,000 across Classic 1-Step, Turbo 1-Step, Pro 1-Step and Classic 2-Step plans, with funded allocation capped at $300,000 and one-time fees from 25 to $1,998 by plan and size. One-step targets run from 9 to 12%, two-step targets are 5% then 10%, and one-step plans carry a 3% daily loss limit. Traders keep a flat 80%, paid on demand in USDC on chain from a $20 minimum, with no waiting period and no limit on requests.

Firm overview

CEOLouis Regis

Where does price data come from?—

Where is the firm based?British Virgin Islands

Founded2026

Instruments and assets

Example symbolsBTC/USDETH/USDSOL/USDXRP/USDDOGE/USDLINK/USDLTC/USDAVAX/USDSP500XYZ100GOLDSilverWTIBrentEUR/USD

Leverage

BTC, ETH and SOL1:10

Other crypto1:2

Equities1:4

SP500 and XYZ1001:10

Other indices1:5

Gold, silver, CL and Brent1:8

Other commodities1:5

FX1:25

Commissions

Example A $10,000 BTC position round trip costs about $9.00 all taker, $3.00 all maker, or $6.00 mixed with one taker leg and one maker leg, excluding spread, slippage and funding.

Consistency

Evaluationnone

Funded accountnone

Firm rules

Minimum trading daysNone on evaluation and funded, on all plans.

News tradingAllowed on evaluation and funded, on all programs, with no restrictions. The official homepage likewise states that traders may trade the news.

Copy tradingPermitted, including between accounts owned by the same trader, per rulebook section 14.

Automated strategiesAutomated trading is allowed with no restrictions. The firm is API-first, with a full REST API and Python and JavaScript SDKs, and automated strategies, off-the-shelf systems and copy trading between a trader's own accounts are permitted.

InactivityNone.

VPNUsing a VPN is permitted.

ResetsNo reset after a breach

Prohibited strategiesExploiting platform bugs or glitches, Account sharing or selling, Identity fraud, Opposite hedging across accounts, Hedging across external exchange or decentralised exchange accounts, Third-party coordination, Account cycling and high-frequency evaluation purchases, Exploiting the payout and drawdown interaction, Latency arbitrage and tick sniping, Simulated or wash trading, High-frequency trading

Challenges

Program	Account	Price	Activation	Target	Max loss	Drawdown	Daily loss	True cost (1 mo) ↓
Classic 1-Step	$5K	$60 once	$0 (Free)	$500	$300	Static	3%	$60	Get
Classic 1-Step	$10K	$110 once	$0 (Free)	$1,000	$600	Static	3%	$110	Get
Classic 1-Step	$25K	$275 once	$0 (Free)	$2,500	$1,500	Static	3%	$275	Get
Classic 1-Step	$50K	$495 once	$0 (Free)	$5,000	$3,000	Static	3%	$495	Get
Classic 1-Step	$100K	$999 once	$0 (Free)	$10,000	$6,000	Static	3%	$999	Get
Classic 1-Step	$200K	$1,998 once	$0 (Free)	$20,000	$12,000	Static	3%	$1,998	Get
Turbo 1-Step	$5K	$25 once	$0 (Free)	$450	$150	Static	3%	$25	Get
Turbo 1-Step	$10K	$50 once	$0 (Free)	$900	$300	Static	3%	$50	Get
Turbo 1-Step	$25K	$125 once	$0 (Free)	$2,250	$750	Static	3%	$125	Get
Turbo 1-Step	$50K	$245 once	$0 (Free)	$4,500	$1,500	Static	3%	$245	Get
Turbo 1-Step	$100K	$450 once	$0 (Free)	$9,000	$3,000	Static	3%	$450	Get
Turbo 1-Step	$200K	$899 once	$0 (Free)	$18,000	$6,000	Static	3%	$899	Get
Pro 1-Step	$5K	$45 once	$0 (Free)	$600	$250	Static	3%	$45	Get
Pro 1-Step	$10K	$85 once	$0 (Free)	$1,200	$500	Static	3%	$85	Get
Pro 1-Step	$25K	$185 once	$0 (Free)	$3,000	$1,250	Static	3%	$185	Get
Pro 1-Step	$50K	$355 once	$0 (Free)	$6,000	$2,500	Static	3%	$355	Get
Pro 1-Step	$100K	$699 once	$0 (Free)	$12,000	$5,000	Static	3%	$699	Get
Pro 1-Step	$200K	$1,399 once	$0 (Free)	$24,000	$10,000	Static	3%	$1,399	Get
Classic 2-Step	$5K	$50 once	$0 (Free)	$250	$400	Trailing	5%	$50	Get
Classic 2-Step	$10K	$100 once	$0 (Free)	$500	$800	Trailing	5%	$100	Get
Classic 2-Step	$25K	$250 once	$0 (Free)	$1,250	$2,000	Trailing	5%	$250	Get
Classic 2-Step	$50K	$450 once	$0 (Free)	$2,500	$4,000	Trailing	5%	$450	Get
Classic 2-Step	$100K	$749 once	$0 (Free)	$5,000	$8,000	Trailing	5%	$749	Get
Classic 2-Step	$200K	$1,499 once	$0 (Free)	$10,000	$16,000	Trailing	5%	$1,499	Get

Payouts

Profit split80% to the trader

FrequencyOn demand on all programs, with no limit on the number of requests.

Minimum payout$20

Restricted countries

Full list below; the rulebook section 16 rendering truncates, so this list is the complete list used here.

Fully restricted (34):

AfghanistanBangladeshBelarusBurkina FasoCentral African RepublicCongoCubaDemocratic Republic of the CongoEritreaEthiopiaHaitiIran+22 more

Limited (1).

Regions of Ukraine: Crimea, Donetsk and Luhansk

Announcements

October 25, 2026 · Hedging restriction widened to other prop-firm accountsThe restriction on hedging was widened to cover hedging with external exchange, decentralised exchange or other prop-firm accounts, including correlated assets, where it previously covered external exchange or decentralised exchange accounts only.

October 20, 2026 · Six-month milestone reported at $3 million paid outThe firm was reported to have paid out $3 million to traders and to have reached a near $20 million annual revenue run rate, tracked on its public dashboard.

August 8, 2026 · Pro 1-Step format and 200,000 account addedA third one-step format called Pro, with a 12% target and 5% static drawdown, and a sixth account size at $200,000, were added to the challenge catalogue.

FAQ

What does a Propr challenge cost?A one-time fee by plan and size, from $25 for a $5,000 Turbo 1-Step account to $1,998 for a $200,000 Classic 1-Step account. Classic 2-Step list prices run from $50 for $5,000 to $1,499 for $200,000, and Pro 1-Step list prices run from $45 for $5,000 to $1,399 for $200,000. No activation fee was found.

What are the drawdown limits?Classic 1-Step: 3% daily and 6% static maximum loss. Turbo 1-Step: 3% daily and 3% static maximum loss. Pro 1-Step: 3% daily and 5% static maximum loss. Classic 2-Step: 5% daily and 8% trailing maximum loss, locking at starting balance, with phase targets of 5% then 10%.

Is there a consistency rule?No, at evaluation or funded stage. There is also no minimum number of trading days and no time limit.

What split do I get, and is there a minimum payout?A flat 80% on every account size and challenge type, with no scaling tiers. Payouts are on demand in USDC on chain from a $20 minimum, with no waiting period and no limit on requests, and each payout withdraws all available profit.

Can I hold over the weekend?Yes. Crypto perps trade 24/7 and positions may be held over the weekend. Equities and commodities perps follow their market hours, although some may still be tradable outside those hours depending on the asset.

Can I trade news?Yes, on evaluation and funded, with no restrictions. The official homepage likewise states that traders may trade the news.

Can I use bots or expert advisors?Yes, with no restrictions. The firm is API-first, with a full REST API and Python and JavaScript SDKs, and automated strategies, off-the-shelf systems and copy trading between a trader's own accounts are permitted under the rulebook wording.

Which countries cannot join?The restricted list names 35 entries, including Afghanistan, Bangladesh, Belarus, Cuba, Iran, North Korea, Pakistan, Russia, Syria, Venezuela, Yemen and Zimbabwe, plus the Crimea, Donetsk and Luhansk regions of Ukraine as limited entries. The official homepage gives no restricted list.

Reddit corner

Public Reddit threads about this firm — titles and short paraphrased themes, not full posts.

r/Daytrading2026-10-05
looking for crypto prop firm
In reply to a request for crypto prop firms, commenters name Propr, one adding that it has almost no trading rules beyond a daily loss limit and a maximum drawdown, with instant payouts. Short, unverified comments.
r/PropFirmTester2026-10-21
Prop firm that actually pays
One commenter names Propr among firms they suggest for crypto and perps trading. No detail on payouts or problems.

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Is Propr legit?

Propr publishes an official rulebook with an 80/20 split, a $20 minimum payout and on-demand USDC withdrawals. Its Trustpilot page shows 4.4 from 67 reviews as of October 2026, with no warning banner observed. That is a limited review history. Each payout sweeps all available profit, so its withdrawal mechanics differ from firms that allow partial requests.

Founded: The program launch date is not confirmed by the official sources cited here.
Trustpilot: 4.4 from 67 reviews. No warning banner was observed. Checked October 2026.
Payouts: The rulebook states an 80% trader share, a $20 minimum payout, no waiting period and processing within 24 hours in USDC on-chain. All positions must be closed. A payout sweeps all profit above starting balance and resets the account balance; partial withdrawals are not allowed.
Watch out for: You cannot choose a partial profit withdrawal. The rulebook also permits both market-routed and internally booked trades, so on-chain execution does not mean every trade appears on-chain.
Our take: We would evaluate the full-profit sweep and small public review sample before choosing it for on-chain access.

Updated 2026-10-26

Propr price history and rule changes

From our weekly snapshots of the firm's own site.

Cheapest $5K plan, list price

No plan changes since we started tracking.

Propr review: rules, prices and payouts

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