Funding FAQs — Everything You Need to Know

Question 1

What is a prop firm challenge?

Answer

A prop firm challenge is a test of trading skills where you prove your ability to manage risk and hit profit targets. Passing earns you access to a funded trading account, letting you trade our capital instead of your own. This eliminates the need for large personal investments while allowing skilled traders to access professional capital and earn substantial profits from their expertise.

Question 2

Who can apply for a funded account?

Answer

Anyone over 18 with internet access can apply for our funding programs. There are no restrictions by profession, education, or trading experience level. However, some countries may be restricted due to local financial regulations. We welcome traders from all backgrounds who demonstrate the skill and discipline required for professional trading.

Question 3

What makes TradeXMastery different?

Answer

We focus on transparency and fairness: on-chain payouts, clear rules, and no hidden restrictions. Unlike other firms with unclear policies or unverifiable claims, we provide blockchain-verified transactions, real-time tracking, and openly published rules with no gray areas.

Question 4

Is there a free trial?

Answer

We don’t offer trials, but you can start with a smaller account size for lower cost before scaling up. This allows you to test our platform, experience our evaluation process, and build confidence with minimal investment. Once you’re comfortable, you can upgrade to larger account sizes for higher profit potential.

Question 5

What is the daily drawdown limit?

Answer

The daily loss limit depends on the product: 4% per day for One-Step Challenges, 5% per day for Two-Step Challenges, and 3% per day for Instant Funded Accounts — applied to closed trades only, resetting daily, with any breach closing the account.

Question 6

What is the maximum loss (max drawdown)?

Answer

The overall (maximum) drawdown depends on the product. For the One-Step Challenge, the limit is 7% of the starting balance. For the Two-Step Challenge, the limit is 10% of the starting balance. For Instant Funded Accounts, the limit is 6% of the starting balance.

Question 7

How does the consistency rule work?

Answer

You cannot earn more than 60% of your total profit in a single day. This consistency rule proves you can generate profits through disciplined trading, not just one lucky trade. It ensures sustainable trading practices and demonstrates that your success isn’t based on excessive risk-taking or market gambling.

Question 8

What are the minimum trading days required?

Answer

A minimum of 5 active trading days is required for all challenges. There’s no maximum time limit, allowing you to trade at your own pace. An active day means you opened at least one position. This requirement ensures you demonstrate consistent trading activity rather than hitting targets through a single large trade.

Question 9

Can I hold trades overnight or over the weekend?

Answer

Yes, if you select the Weekend Trading add-on. Otherwise, all positions must be closed by market close Friday. The weekend trading option allows you to hold positions through market gaps and take advantage of longer-term opportunities. Without this add-on, holding trades over weekends will result in automatic closure.

Question 10

How fast are payouts processed?

Answer

The daily loss limit depends on the product: 4% per day for One-Step Challenges, 5% per day for Two-Step Challenges, and 3% per day for Instant Funded Accounts — applied to closed trades only, resetting daily, with any breach closing the account.

Question 11

What's the default profit split?

Answer

Traders keep 80% by default of all profits generated. This competitive split rewards successful trading while covering our capital and operational costs. The remaining 20% goes to TradeXMastery for providing the capital, platform, and support services that enable your trading success.

Question 12

Can I increase my profit share?

Answer

Yes — you can increase your share to 90% via the Higher Profit Share add-on. This premium option is available during registration and applies to all future payouts on that account. The higher split maximizes your earning potential and rewards consistent profitable trading performance.

Question 13

How are payouts verified?

Answer

Each payout is logged to the blockchain with a TXID, making it publicly verifiable. This transparent system allows you to independently confirm every payment through blockchain explorers. No other prop firm offers this level of payout verification and transparency to their funded traders.

Question 14

How much does each challenge cost?

Answer

Prices vary by account size and type. For example, a $50k One-Step is priced differently than a $50k Instant funded account. All pricing is transparent and displayed before purchase. Larger account sizes have higher fees but offer greater profit potential. Check our pricing page for current rates and special offers.

Question 15

Are challenge fees refundable?

Answer

Entry fees are non-refundable, but all costs are transparent before purchase. This policy ensures fairness and covers the resources allocated to your evaluation process. However, once you pass and receive funding, your trading profits will quickly offset the initial investment cost.

Question 16

What payment methods are supported?

Answer

We currently accept BTC and USDT. Cryptocurrency payments are processed instantly. All payment methods are secure and encrypted. Additional payment options may be added based on user demand and regulatory compliance.

Question 17

Is there a minimum withdrawal threshold?

Answer

Yes — $100 minimum withdrawal threshold. Once reached, your payout is included in the next cycle. This threshold ensures efficient processing while minimizing transaction fees. Smaller amounts accumulate until you reach the minimum, then are automatically included in your next scheduled payout.

Question 18

How does the affiliate program work?

Answer

Affiliates earn 15% commission on every referral purchase. This includes initial challenges, add-ons, and account upgrades. Our cookie-based tracking system ensures you get credit for referrals up to 30 days after their first click. Commissions are calculated on net purchase amounts after any refunds.

Question 19

Do affiliates earn from repeat purchases?

Answer

Yes, commissions apply to repeat challenges, upgrades, and add-ons from your referred traders. This creates ongoing earning potential as successful traders often purchase additional challenges or upgrade to larger account sizes. Your earning potential grows with your referrals’ success and continued engagement.

Question 20

When do affiliates get paid?

Answer

Affiliate payments are processed weekly, via BTC. Payments are sent every Monday for the previous week’s earnings. There’s a $25 minimum payout threshold to ensure efficient processing. All payments include detailed breakdowns of which referrals generated the commissions.

Question 21

How do I track my earnings?

Answer

A real-time affiliate dashboard shows referrals, earnings, and payment history. You can track clicks, conversions, commission amounts, and payout status in real-time. The dashboard also provides performance analytics and promotional materials to help maximize your referral success rate.

Question 22

What's the difference between One-Step and Two-Step?

Answer

One-Step = fast but strict (lower profit target, tighter drawdowns). Two-Step = balanced (10% then 5% targets, more forgiving drawdown). One-Step challenges require only 5% profit target but have stricter rules. Two-Step challenges have higher initial targets but more flexible risk management rules and longer evaluation periods.

Question 23

How is Instant different from One-Step or Two-Step?

Answer

Instant skips the evaluation completely. Instead of proving yourself through a challenge, you pay a higher fee and receive a funded account immediately under the same trading rules. This option is best for traders who want to avoid the evaluation phase and start trading a funded account right away — higher cost, but instant access.

Question 24

Which challenge should I choose?

Answer

Beginners → One-Step for simplicity and lower cost. Consistent traders → Two-Step for balanced requirements. Confident, advanced traders → Instant for immediate funding. Consider your experience level, risk tolerance, and budget when choosing. You can try different challenge types as you gain experience.

Question 25

What platforms do you support?

Answer

We exclusively support TradeLocker, a modern and intuitive trading platform built for today’s prop traders. TradeLocker provides all the essential tools for charting, analysis, fast execution, and risk management. By focusing on a single platform, we ensure consistent performance, transparent trading conditions, and full access to our instrument range.

Question 26

What instruments can I trade?

Answer

You can trade Forex, indices, metals, and crypto. Our instrument selection includes major and minor currency pairs, stock indices from global markets, precious metals like gold and silver, and popular cryptocurrencies. All instruments have competitive spreads and professional execution quality.

Question 27

Is copy trading or EA use allowed?

Answer

No. TradeXMastery does not allow copy trading or the use of Expert Advisors (EAs). All trades must be placed manually to ensure fair use and genuine trading performance.

Question 28

How do I contact support?

Answer

Email at support@tradexmastery.com. Our support team is available to help with technical issues, account questions, and trading inquiries. Average response time is under 2 hours via email.

Question 29

Where can I find updates and announcements?

Answer

Check our trader dashboard, Telegram group, and email updates for the latest news. Important announcements about rule changes, new features, and market conditions are posted across all channels. Enable notifications to stay informed about updates that might affect your trading activities.