Reviewed by PropFirm201 Research Team·At a Glance
PropW Homepage
Pricing & Challenge Types
Starter Challenge
2 phases · 80% profit split · Scaling available
| Account Size | Price | Target P1 | Target P2 | Daily Loss | Max DD |
|---|---|---|---|---|---|
| $2,000 | $29 | 10% | 5% | 5% | 10% |
| $5,000 | $69 | 10% | 5% | 5% | 10% |
Standard Challenge
2 phases · 80% profit split · Scaling available
| Account Size | Price | Target P1 | Target P2 | Daily Loss | Max DD |
|---|---|---|---|---|---|
| $10,000 | $99 | 10% | 5% | 5% | 10% |
| $25,000 | $249 | 10% | 5% | 5% | 10% |
| $50,000 | $449 | 10% | 5% | 5% | 10% |
| $100,000 | $799 | 10% | 5% | 5% | 10% |
| $200,000 | $1499 | 10% | 5% | 5% | 10% |
Expert Mode (1.1-Step Hybrid)
1 phase · 80% profit split · Scaling available
| Account Size | Price | Target P1 | Daily Loss | Max DD |
|---|---|---|---|---|
| $10,000 | $129 | 10% | 5% | 10% |
| $25,000 | $299 | 10% | 5% | 10% |
| $50,000 | $499 | 10% | 5% | 10% |
| $100,000 | $899 | 10% | 5% | 10% |
| $200,000 | $1699 | 10% | 5% | 10% |
PropW Plans Page
Pros & Cons
Pros
- Specialized crypto prop firm with deep digital asset coverage
- Very low entry point starting at just $29 for a $2,000 account
- Weekly payouts processed in 24-72 hours
- Up to 5x leverage on crypto trading
- Proprietary PropWARE platform designed for crypto traders
Cons
- Crypto-only trading with no forex, indices, or commodities
- Limited to one challenge account per trader
- Fees are non-refundable
- Payouts only available in USDT cryptocurrency
- Relatively new firm with limited track record
Trading Rules
About PropW
PropW (PropW Innovations DMCC) is a Dubai-based proprietary trading firm specializing exclusively in cryptocurrency trading. Founded in 2023, PropW provides traders with access to up to 200,000 USDT in funded capital for trading digital currencies and crypto derivatives. The firm operates on its proprietary PropWARE platform, which is purpose-built for crypto traders.
PropW distinguishes itself from most prop firms by focusing entirely on the cryptocurrency market, offering a wide range of digital currency trading pairs with up to 5x leverage. The firm welcomes traders over 18 years of age, with some geographic restrictions, and allows flexible trading strategies including news trading, scalping, and the use of Expert Advisors.
How It Works
PropW offers multiple challenge structures:
Standard 2-Step Challenge:
- Phase 1: Reach a 10% profit target while staying within the 5% daily loss limit and 10% maximum drawdown. No time limit.
- Phase 2: Reach a 5% profit target with the same risk parameters.
- Funded Account: Trade with an 80% profit split and weekly payout eligibility.
Expert Mode (1.1-Step Hybrid):
- Hit a 10% target in Phase 1 (minimum 3 days), followed by a quick verification phase with just a 0.1% profit target (1 day).
- Upon passing, receive a funded account with an 80% profit split.
Traders are limited to one challenge account each. Profit withdrawals are processed within 24-72 hours following review.
Pricing & Plans
| Challenge Level | Account Size | Fee (USDT) |
|---|---|---|
| Starter | $2,000 | $29 |
| Starter | $5,000 | $69 |
| Standard | $10,000 | $99 |
| Standard | $25,000 | $249 |
| Standard | $50,000 | $449 |
| Standard | $100,000 | $799 |
| Standard | $200,000 | $1,499 |
Fees are non-refundable. PropW periodically offers promotional discounts of up to 20% off challenge fees.
Rules & Restrictions
- Maximum Daily Loss: 5% of the account balance.
- Maximum Overall Loss: 10% of the initial account balance.
- Minimum Trading Days: None for standard challenges; 3 days for Expert Mode Phase 1.
- Maximum Trading Days: No time limit on any challenge.
- News Trading: Allowed.
- Weekend Holding: Allowed (crypto markets trade 24/7).
- Expert Advisors: Allowed.
- Scalping: Allowed.
- Hedging: Allowed.
- Copy Trading: Not allowed.
- Account Limit: One challenge account per trader.
Payouts
- Frequency: Weekly (every 7 days).
- Profit Split: 80%.
- Methods: USDT (cryptocurrency only).
- Processing Time: 24-72 hours after review.
- Challenge Fee Refund: Not available; fees are non-refundable.
Is PropW Legit?
PropW is a legitimate crypto-focused prop firm with some notable considerations:
- Registered company (PropW Innovations DMCC) in Dubai, UAE.
- Specialized focus on cryptocurrency trading with a purpose-built platform.
- Weekly payouts processed within 24-72 hours.
- Active community with Discord support.
- Limited track record as a 2023-founded firm.
PropW is best suited for traders who specialize in cryptocurrency markets and want a prop firm dedicated to that asset class. The non-refundable fees and USDT-only payouts are important factors to consider.
FAQ
What is PropW?
PropW is a crypto-only proprietary trading firm based in Dubai, UAE, founded in 2023. It provides funded accounts of up to 200,000 USDT for trading digital currencies through its proprietary PropWARE platform.
How much does PropW cost?
PropW challenge fees range from $29 for a $2,000 account to $1,499 for a $200,000 account. Fees are non-refundable.
What is PropW's profit split?
PropW offers an 80% profit split on funded accounts, with all profits paid out in USDT.
Does PropW allow EAs/bots?
Yes, PropW allows the use of Expert Advisors and automated trading strategies on all account types.
Is PropW available in the US?
No, PropW has geographic restrictions and is not available to traders in all jurisdictions. Check their website for the current list of restricted countries.