Propel Capital Group

Introduction

Propel Capital Group is a pioneering prop trading firm dedicated to transforming the trading landscape by providing traders with the tools and support they need to succeed. Founded in 2024, Propel Capital Group has quickly gained recognition for its innovative approach to prop trading, combining cutting-edge technology with a strong community focus. Whether you’re an experienced trader or just starting out, Propel Capital Group offers a comprehensive platform to enhance your trading skills and achieve financial success.

The Reversal Challenge

The Reversal Challenge is an innovative program introduced by Propel Capital Group that reverses the traditional structure of profit targets. Instead of maintaining fixed profit targets throughout the evaluation, Propel Capital Group has implemented a unique approach where the profit targets are adjusted midway through the challenge. This method aims to mirror real-world trading conditions more closely and assess traders’ ability to adapt to changing market environments.

Programs

Propel Capital Group offers two primary funding programs designed to assess traders’ skills through simulated trading environments. Each program has specific parameters and requirements, ensuring a fair and transparent evaluation process. Here are the key programs and their rules:

1. Propel Pro Program
   • Profit Targets: 8% for the first phase, 5% for the second phase.
   • Maximum Daily Loss: 4% of the account balance.
   • Maximum Total Loss: 8% of the account balance.
   • Performance Fee: Traders retain 80% of the profits upon successful completion.
   • First Payout: 14 days after successful completion of the evaluation.
2. Propel Reversal Program
   • Profit Targets: 5% for the first phase, 8% for the second phase.
   • Maximum Daily Loss: 4% of the account balance.
   • Maximum Total Loss: 8% of the account balance.
   • Performance Fee: Traders retain 80% of the profits upon successful completion.
   • First Payout: 14 days after successful completion of the evaluation.

Rules

Propel Capital Group enforces a set of policies to ensure disciplined and responsible trading. Here are the general rules and specific guidelines:

1. General Rules:
   • Traders must adhere to the maximum daily and total loss limits.
   • Traders are required to achieve the specified profit targets within the evaluation duration.
   • All trading activities must comply with the firm’s trading rules and guidelines.
2. News Trading:
   • Traders are allowed to trade news during the evaluation period.
   • During funded phase you are not allowed to trade during 5 minute window. 5min before and 5min after the news release.
3. IP Rules:
   • Trading with multiple IP addresses and devices is allowed on propel capital group, provided that all trades are executed solely by the individual who has completed the KYC process and has been authorized as the holder of the account.
   • Any violation of IP rules will result in immediate disqualification from the evaluation program.
4. Prohibited Trading Practices:
   • Taking advantage of unrealistic prices or unrealistic trade opportunities , such as arbitrage, latency, front-running price feeds, and exploiting mispricing.
   • Latency trading
   • Arbitrage trading
   • High-frequency trading
   • Reverse trading/group hedging

Conclusion

Propel Capital Group’s Reversal Challenge is a testament to their innovative approach in the prop trading industry. By implementing dynamic profit targets, they provide a realistic and adaptive evaluation program that closely mirrors real-world trading conditions. This unique approach not only enhances traders’ skills but also prepares them to navigate the complexities of the financial markets. Whether you’re a seasoned trader or just starting out, the Reversal Challenge offers a valuable opportunity to showcase your adaptability and trading prowess. Propel Capital Group continues to set the standard for excellence and innovation in the prop trading space, empowering traders to achieve success.