PropXP Launches Transparent Proprietary Trading Model for Active Traders
PropXP, established in early 2024, offers a proprietary trading framework designed for active traders who prioritize consistent decision-making and strict risk management over account size. Unlike traditional long-term investment strategies, PropXP targets traders willing to operate under clear, predefined rules and demonstrate their trading skills through simulated accounts. The company aims to eliminate ambiguity common in the industry by providing transparent terms, simple dashboards, and knowledgeable support representatives.
The model uses static loss limits that do not adjust upward with profits, offering traders a fixed risk reference point. For example, a $50,000 account with a 10% loss limit remains capped at $45,000 regardless of gains. PropXP offers evaluation programs with one or two stages, as well as immediate funding options without evaluation. Traders can engage in trading cryptocurrencies, stocks, indices, commodities, and forex on MetaTrader 5 using virtual funds.
Performance rewards depend on meeting eligibility criteria and passing company reviews, with payouts processed within one business day after approval. If payment is delayed, the trader's share of the reward increases to 100%. The company emphasizes that active trading requires experience, discipline, and understanding of the rules, and simulated account results do not guarantee future success. Prospective traders are advised to review the program’s rules and risk structure carefully before joining. Participation is subject to age, residency, and jurisdictional restrictions.
PropXP is led by CEO Giorgos Fiskopianus, a seasoned stock and crypto trader since 2014 with a business management background, and COO Ivan Monzo, a forex specialist since 2013 responsible for operational systems supporting the company’s international growth.