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As an online virtual proprietary funding company created by traders, our passion lies with providing opportunities to new traders looking to scale up their trading career by becoming a funded trader.
In the past, obtaining trading capital has been a roadblock for many traders but with our innovative funding program, any trader can scale up their capital significantly.
Our minimum trading period for all phases is 5 days. To meet this requirement, you must achieve a daily profit of at least 0.5%. These 5 days don’t need to be consecutive—any day where you reach at least 0.5% profit will count. There is no limit on the maximum number of trading days.
No, the use of any Expert Advisors (EAs) is strictly prohibited on any of our accounts.
What Happens If I Use an EA?
If a trader is found using an EA, their account will be immediately terminated.
Why Are EAs Not Allowed?
We enforce this rule to ensure that all trading is conducted manually, maintaining fairness and consistency across all accounts.
As we are funding traders, we need to implement certain rules to ensure that our traders manage risk correctly and avoid trading in ways that exploit the funded trading industry.
We do not allow trading styles deemed malicious, including but not limited to:
Companies marketing off-the-shelf EAs aimed at passing Evaluations/Funded Challenges are not a representation of a profitable trader and fall under malicious practices.
Violation Consequences:
If you are found to be engaging in malicious practices, your account will be breached, you will be blacklisted from TPV, and no refund will be given.
The maximum capital allocation available at The Prop Vault is $100,000. This cap ensures that traders have access to significant funding to execute their strategies effectively while maintaining a structured and balanced approach to risk management. Our $100,000 maximum allows traders to scale their accounts, take advantage of larger market opportunities, and achieve their trading goals within a well-defined framework. We aim to provide ample resources to empower traders, supporting their growth and success in the competitive world of proprietary trading.
Traders can hold trades for as long as they wish. However, we do require traders to hold their trades for a minimum of 60 seconds.
This is to ensure malicious trading practices are not being used and correct risk management is being adhered to.
The maximum daily loss is set at 3% of the initial account balance. We calculate the daily drawdown limit at the close of each trading day, 5 PM EST. At this time, we assess the higher value between the account balance and account equity, then subtract 3% of the initial account balance from that value to establish the daily loss limit for the next trading 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. Using the 3% daily drawdown rule, your equity cannot drop below $99,000 the following day ($102,000 – $3,000 = $99,000).
Example 2:
On a $100K account, if at 5 PM EST you have an open trade with a floating loss of -$2,000, your account equity will be $98,000. Since the account balance ($100,000) is higher than the equity ($98,000), the daily drawdown is calculated based on the $100,000 balance. This means your equity cannot drop below $97,000 the next trading day ($100,000 – $3,000 = $97,000).
The inactivity rule is in place to ensure that your account remains active. We require our traders to place at least one trade within a 21-day period.
Failure to comply: Failure to do so will result in your account becoming inactive, leading to a breach.
The consistency rule applies to The Prop Vault instant funded challenges. Please read the following carefully before you begin trading.
For instant funded challenges, a consistency rule of 20% is in place. This means that no single trading day can account for 20% or more of the total profits made during that payout period. If the profits from one trading day equal or exceed 20% of the total profits for that period, you will not be able to request a payout until the highest profit trading day falls below 20% of the total profits made in that period.
What happens if I make more than 20% of my total PnL in one day? Will this breach my account?
Your account will not be terminated for violating the 20% rule. You simply need to continue trading and generating additional profits until the highest profit trading day is below 20% of the total profits. For example, if you make $1,000 in one trading day, you will need to reach at least $5,000 in total profits during that payout period to be eligible to withdraw profits from your account.
Yes this is allowed.
We allow traders to place and close trades during news on all challenge phases without penalties.
For live funded accounts, however, trades must not be placed or closed within 2 minutes before or after high-impact news events (red folder events). Violating this rule will result in profits being deducted, and the account will be terminated. We advise traders to monitor news events carefully.
The leverage on the account for this particular account type is as follows:
The instant funding is trailing drawdown.
Example 1:
You start with a $100,000 account. The daily drawdown is 3%, and the maximum trailing drawdown is 6%. This means your daily drawdown level is $97,000, and your maximum trailing drawdown is $94,000. Suppose you make a profit of $8,000 and request a withdrawal of $6,000. Since your account achieved a 6% profit, the maximum drawdown is locked in at $100,000. This adjustment leaves you with only 2% available for the maximum drawdown.
Example 2:
You start with a $100,000 account. The daily drawdown is 3%, and the maximum trailing drawdown is 6%. Your daily drawdown level is $97,000, and the maximum trailing drawdown is $94,000. If you generate a profit of $15,000 and withdraw $8,000, your account reaches a 6% profit, locking the maximum drawdown at $100,000. After the withdrawal, you have a $7,000 buffer before reaching the maximum drawdown limit of $100,000.
Example 3:
You start with a $100,000 account. The daily drawdown is 3%, and the maximum trailing drawdown is 6%. This sets your daily drawdown level at $97,000 and your maximum trailing drawdown at $94,000. If you earn $6,000 in profit, the maximum amount you can withdraw is $5,000 due to the fixed 1% buffer requirement. After the withdrawal, your account balance becomes $101,000, and the maximum drawdown is locked at $100,000.
This system ensures a balance between profit withdrawals and maintaining proper drawdown levels for sustainable trading.
The maximum drawdown is set at 6% of your highest watermark based on your closing trades. If your account reaches a 6% profit based on the starting balance, the trailing drawdown will lock at the starting balance and no longer trail.
Once the trailing drawdown is locked at the starting balance, we implement a fixed 1% buffer. This ensures that you cannot withdraw all profits and accidentally breach your account.
Example 1:
You have a $100,000 account. The daily drawdown is fixed at 3%, and the maximum trailing drawdown is 6%. This means your daily drawdown level is $97,000, and your maximum trailing drawdown is $94,000. If you generate $8,000 in profit, your account reaches 6% of the starting balance, and the trailing drawdown locks at $100,000. Once locked, the drawdown no longer trails. Drawdown calculations include profits and losses from closed positions, as well as swap fees and commissions.
Example 2:
You begin with a $100,000 account. The daily drawdown is 3%, and the maximum trailing drawdown is 6%. Initially, your daily drawdown level is $97,000, and the maximum trailing drawdown is $94,000. If you make a $5,000 profit, your account balance increases to $105,000. The next day, the daily drawdown resets and is calculated as $105,000 – $3,000 = $102,000. The maximum trailing drawdown is also recalculated as $105,000 – $6,000 = $99,000, as it is based on your highest recorded balance ($105,000).
The daily drawdown resets every day at 5 PM EST. The maximum trailing drawdown will continue to follow your highest recorded balance unless your account achieves 6% profit based on the starting balance, at which point it will lock at the starting balance.
On our instant funded accounts, traders must adhere to a maximum 1% risk per trading setup rule. This ensures that all trading aligns with proper risk management and promotes consistent, disciplined trading practices.
How is the 1% calculated?
The 1% risk is based on the initial balance of the account.
Example:
For a $100,000 account, the maximum risk per trading setup is $1,000.
This rule is in place to protect both the trader’s and the firm’s capital to ensure a sustainable trading environment.
Any trading setup over this level will be forfeited.
To maintain consistency and manage risk effectively, we follow a structured approach to calculating and regulating lot sizes:
We analyze trades over a specific period to determine the average lot size for each asset class.
The maximum allowable trade size is capped at twice the calculated average lot size.
This method ensures that traders maintain consistent position sizing while adhering to proper risk management rules.
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