Trading risk and no guarantee
Trading involves risk, including during simulated evaluations. An evaluation can fail and may result in the loss of the fee paid to the prop firm. PropPhase does not guarantee a phase pass, funding, profits, payouts, or any trading result. Market conditions, minimum trading days, and program rules can affect the outcome and timing.
Service and evaluation fees
Prices below are in USD and cover the PropPhase service. You pay the prop firm separately for the evaluation. Managed execution is considered where the specific program expressly permits third-party trading.
| Account | Professional Phase 1 | Professional Phase 2 | Elite, both phases |
|---|---|---|---|
| $50K | $250 | $100 | $700 |
| $100K | $350 | $199 | $1,599 |
| $200K | $750 | $350 | $2,999 |
Professional payment schedule
The Phase 1 fee is due before Phase 1 begins. The Phase 2 fee becomes due when you move to Phase 2. If the evaluation ends in Phase 1, the Phase 2 fee is not due. The Elite reimbursement and re-entry benefit applies to the Elite package.
Elite reimbursement and re-entry
The Elite service fee is paid upfront and covers both phases. If the evaluation fails, the package includes reimbursement of the original evaluation fee paid to the prop firm and one free re-entry. The reimbursement covers the original challenge fee. The PropPhase service fee is separate.
Keep the prop firm receipt and evaluation result so the original fee and outcome can be verified. The written quote will explain how to request reimbursement and arrange the re-entry.
Account access during a managed evaluation
While a managed evaluation is active, use only your prop firm’s dashboard to monitor progress. Do not sign in to the evaluation’s trading account on MetaTrader 4 (MT4) or MetaTrader 5 (MT5) during that period. This includes desktop, mobile, and web trading terminals.
Additional trading-platform logins may create conflicting IP or device activity and trigger a prop firm review. If the firm finds a breach of its rules, it may suspend or terminate the account. The prop firm’s rules govern all account access. Managed execution is considered only where the program expressly permits it.
Estimated completion
Professional is estimated at 5–8 days and Elite at 3–5 days. These ranges are estimates for both phases. The program’s rules and market conditions can extend the timeline.
Limits of responsibility and complaints
To the extent permitted by applicable law, PropPhase does not accept liability for losses arising solely from ordinary market movements or from an evaluation failing to meet its trading objectives. PropPhase remains responsible for its written commitments, including any applicable Elite benefit.
If you have a concern, contact PropPhase through the channel used to arrange your service and include the relevant quote and evaluation details. You retain all rights and remedies that applicable law protects.