General
To become funded by Pro Edge Capital, you need to successfully complete our evaluation process. This involves demonstrating your trading skills and adhering to our risk management rules. Once you pass the evaluation, you will receive funding to trade with our capital.
You can trade up to 20 accounts with Pro Edge Capital. You can also merge all accounts when funded if you want.
After being funded, you automatically receive a free reset after your first payout. While we do not offer a free retry before that, we provide a 30% discount on the evaluation fee upon request. This gives you another chance to demonstrate your trading skills at a reduced cost.
Yes, we have a scaling plan. With our scaling plan, you can grow your account to a maximum of $2,000,000. In order to scale your capital and grow, you must achieve a 12% profit within a 3-month period. If you accomplish this, we will increase your account size by 25% of your initial balance. This plan is designed to reward consistent performance and help you manage larger accounts over time.
No, there is no breach for inactivity. You can take breaks as needed without worrying about your account being flagged for inactivity.
Yes, North Korea, Cuba, Syria and Yemen
The Evaluation starts as soon as you complete your registration and payment process. You will receive your account details and can begin trading immediately to start your evaluation period.
No, you do not have to pay for your losses. Pro Edge Capital absorbs the losses incurred in your funded account.
Yes, you can leave profits in your account. Leaving profits can help you grow your account balance and demonstrate consistent performance, which may qualify you for our scaling plan and increased capital allocations.
Yes, the Evaluation Fee is refundable at 200% after your first payout. This is our way of acknowledging your successful trading and commitment.
The maximum capital you are allowed is 4 millions USD.
If you violate a rule or the trading parameters, it may result in a breach of your account terms. Depending on the severity of the breach, your account could be suspended or terminated. It is crucial to understand and adhere to our trading rules to maintain your funded status.
To become an Affiliate, you can sign up through our affiliate program page on the website. As an affiliate, you can earn commissions by referring new traders to Pro Edge Capital. We provide marketing materials and support to help you succeed in promoting our services.
RULES
Profit Target is the trading objective. If profit target is reached after all positions are closed, you are offered a funded account.
2 STEP CHALLENGE
Phase 1: Reach 8% profit target without violating any rules and trading parameters.
Phase 2: Reach 5% profit target without violating any rules and trading parameters.
The max daily loss is 5% of the initial account balance. We calculate the daily drawdown as follows: At the 5 pm EST day change, we take the higher value of either the account balance or account equity and subtract a fixed 5% of the initial balance from this higher value to determine the daily loss limit for the new day.
Example 1: On a 100K account, if at 5 pm EST you have an open trade with a floating profit of $2,000, your account equity will be $102,000. With a 5% daily drawdown, the equity cannot drop below $97,000 ($102,000 – $5,000 = $97,000) on the next trading day.
Example 2: If on a 100K account at 5 pm EST you have an open trade with a floating loss of -$2,000, your account equity will be $98,000. Because your $100K balance is higher than your $98,000 equity, your daily drawdown limit of $5,000 will be calculated based on the $100K balance. This means for the next trading day, the equity cannot drop below $95,000 ($100,000 – $5,000 = $95,000).
Example 3: If there are no open trades at 5 pm EST, the daily drawdown will be 5% of whatever the closed balance is.
The Maximum Total Loss is the overall amount a trader can lose on their account.
For example, on 2 STEP Challenges, the maximum total loss allowed in your account is 10%. Example using a $100,000 account: The max total loss is 10% of your initial balance = $10,000. Your account equity, including unrealized/floating positions, must not drop below $90,000.
We have no restrictions on holding trades over night or the weekend.
EAs are allowed. You may use EAs (Expert Advisors) that you setup to suit your own strategy or trading style. Trade Copiers are allowed.
No, we do not monitor the amount of lots you place.
Do you allow Hedging, Martingale and No Stop Loss?
– Hedging is allowed on the same account
– Martingale is allowed
– Stop Loss is not required
Yes we allow news trading.
We use a static drawdown.
We give traders the opportunity to manage multiple accounts. Copy trading is allowed at our client’s disposal and only from personal accounts that are legally bound to the account holder.
What we allow:
– Copy trading between Pro Edge Capital accounts;
– Copy trading from Funded, to Evaluation accounts and vice versa
There are no minimum trading days on challenge and funded accounts.
There is No Time Limit.
The Trading Period is Unlimited.
You have the flexibility to conduct trading activities without any time constraints, allowing for unlimited duration.
No, we do not have any consistency rule or and hidden rules.
PAYOUTS
A trader is eligible for a payout every 24 hours, starting from their first trade on the funded account.
To be eligible for a payout on funded accounts, your account balance must be above the initial account balance with no violations recorded. All of the trader’s positions must be flat (no open trades and no open orders) to receive a payout.
Payouts are processed within 1-2 business days. All Funded Traders can request payouts through their dashboard. Withdrawals are made by bank transfer (crypto can be arranged if requested).
The minimum funded account withdrawal is $100. The minimum affiliate withdrawal is $100.
The profit split our traders receive is 90%.
Example:
If a trader has a profit of $10,000 and requests a payout, the trader will receive a total payout of $9,000.
Yes! We have a Payout Guarantee.
Get Paid in 48 Hours or We Pay 100% Profit Split.
Our business hours begin at 9am Monday, and close at 5pm Friday. Payouts are processed on business days.
Payouts are only processed on business days, and so the 48 Hour Payout Guarantee timer is paused on weekends. Our office opens at 9am Monday, & closes at 5pm Friday (Dubai time)
However, please keep in mind that the actual arrival of the profit share at the trader’s end will depend on the processing times of.
PLATFORM
At Pro Edge Capital, we utilize MetaTrader 5, one of the most robust and reliable trading platforms available. We are among the few firms that still offer MetaTrader 5, recognizing its powerful charting tools, user-friendly interface, and seamless integration with various financial markets. Despite many firms moving away from it, we continue to provide MetaTrader 5 to ensure our traders have access to a platform they trust and excel with.
At Pro Edge Capital, we do not charge any commissions on trades. Our goal is to provide a cost-effective trading environment for our traders. Our spreads are competitive and vary depending on the financial instrument being traded, ensuring that you can maximize your profitability without worrying about additional fees.
The account leverage is 1:100 Max for all evaluations and funded accounts.
The account leverage is the ratio of a trader’s capital to the size of positions they can control.
– Forex 1:100
– Indices : 1:30
– Commodities : 1:30
– Crypto : 1:2
The max daily limit resets at 5pm EST.