COMPANY PROFILE
Firm Overview
Independent trader reviews, ratings and payout experiences for TradexProp.
Broker:TradexProp, Kuching, Sarawak, Malaysia. Simulated environment on MT5; no broker publicly named
Platform:
MT5 Payment Methods:Not yet verified
Payout Methods:CRCryptoPPPayment provider (programme-dependent)
Instruments and Assets
Type of InstrumentsForex / CFD
AssetsForexIndicesMetalsCommoditiesCrypto
Maximum AllocationNot yet verified
Leverage
Forex1:50 on the evaluation
1-StepTarget 10%, daily loss 5%, max drawdown 6% STATIC, unlimited duration. Split 80%. A $5K account costs $35.
2-StepPhase 1 target 8%, Phase 2 target 5%. Daily loss 5%, max drawdown 10%, unlimited duration. A $5K account costs $75.
Commissions
RatesNot published. TradexProp gives no commission or spread schedule for its MT5 accounts.
Consistency Rules
45%. The best trading day may not exceed 45% of the total target.Going over it does not fail the account - the required target is recalculated instead.
Firm Rules
- No stop loss is required.
- News trading is prohibited from 3 minutes before to 3 minutes after a high-impact release.
- Expert Advisors are allowed.
Malaysia
Cuba
Iran
Lebanon
Libya
Pakistan
Russia
Somalia
Sudan
Syria
Vietnam