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FAQs

Find the answers to all of your questions about the Global Prop Trader
funded trader program right here in our FAQs.

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New To Global Prop Trader

Audition​ Process

Trading Rules

Funded​ Accounts

Platform & Dashboard

Orders & ​ Billing

New To Global Prop Trader

Global Prop Trader is a leading proprietary trading firm that empowers traders by providing access to significant capital to earn more gains on their trading activity. Aspiring traders must first pass an audition to demonstrate their skills, discipline, and competency. Once they successfully complete the audition, they receive a funded account of up to $1 million. Traders can keep up to 90% of the gain generated in their funded account, allowing them to earn significant rewards for their successful trades. Join Global Prop Trader today and take your trading career to the next level.

Certainly! Global Prop Trader is a reputable proprietary trading firm headquartered in Latrobe, PA, founded by the TradingStrategyGuides.com founder, Casey Stubbs, with a strong financial backing from a venture capital group and holding company. Trading Platform technology is powered by ThinkMarkets. Traders can choose their preferred platform upon signing up with Trading Strategy Guides, subject to availability

 Our team consists of seasoned traders who have amassed years of experience in the financial markets.

Global Prop Trader was founded with a mission to accelerate trader funding and empower exceptional traders to capitalize on their success. We believe that with the right resources and support, talented traders can achieve extraordinary results. Join Global Prop Trader today and become part of a community that is committed to your success in the markets.

We are traders too, just like you. Our team has leveraged our experience in the financial markets to develop and optimize the best programs for our traders at Global Prop Trader. Our goal is to help traders pass our audition and become successful, because when YOU gain, we gain. It’s a win-win for everyone involved.

 

That’s why we have created a program with straightforward and simple trading rules, designed to help traders succeed. We have also developed an industry-leading platform and dashboards to make it easy for you to track your performance and progress. Join us at Global Prop Trader and experience our innovative approach to prop trading.

Anyone 18 years or older can become a funded trader with Global Prop Trader. People from all countries, excluding OFAC listed countries, can take part in our program.

Once you pass our Audition, which demonstrates your gainability and responsible risk management, you can be funded by Global Prop Trader.

We believe that with the right tools, resources, and support, any trader can achieve success in the financial markets. Join us at Global Prop Trader and let us help you reach your full potential as a trader.

Becoming a successful trader is undoubtedly challenging, and undercapitalization is a prevalent issue for gainable traders. At Global Prop Trader, we offer a funded account with a 75% gain split to help traders capitalize on their hard work and dedication.

With a funded account, you can keep up to 90% of your gains with an optional add-on, allowing you to achieve a higher return on investment. Our program is designed to help traders improve their trading skills while adhering to our straightforward trading rules that promote strong risk management without restricting your trading decisions.

Trading is inherently risky, and even gainable traders experience periods of losses. But, as a funded trader with Global Prop Trader, you are not responsible for any losses incurred during trading. We cover all losses, giving you the peace of mind to focus on gainable trades.

Join Global Prop Trader today and take your trading career to the next level. You’ll not only have access to our capital, but also improve your risk management skills and become a part of a community committed to your success.

 Global Prop Trader is a US-based company with headquarters at 816 Ligonier St Latrobe PA 15650

We can be contacted by contact form, email, live chat, or phone — all of which can be found on the contact page.

Upon purchasing an Assessment, you will receive access to a trader dashboard where you can monitor your Assessment 
and Funded accounts.  The dashboard is updated every time we calculate metrics, which occurs roughly every 60 
seconds. It is your responsibility to monitor your breach levels.  
We do not limit the capital that we extend traders. 
 
In line with sound risk management practices, we allow up to 10:1 leverage.​
 
Forex, Metals, and Indices are 10:1.  
 
Equity Shares are 5:1. 
 
Cryptos are 2:1 
You can trade any products offered by ThinkMarkets. This includes FX pairs and CFD Indices, Metals, Equity Shares, and 
Cryptocurrencies. 
We have risk management software that is synced with the accounts we create. This allows us to analyze your 
performance in real time for achievements or rule violations.  As such, you must use an account that we provide to you. 

AUDITION​ PROCESS

At Global Prop Trader, becoming a funded trader is a straightforward process. To start, choose the assessment tier that best suits your needs and take our Audition – an assessment of your skills, risk management, and gainability as a trader. Once you pass the Audition, we’ll provide you with a funded account to start trading with our capital. Join Global Prop Trader today and take the first step towards becoming a funded trader.

At Global Prop Trader, we don’t impose any minimum requirements for the number of trading days or unique trades to pass our Audition. To become a funded trader, all you need to do is generate a return of 10% in your account while maintaining a daily drawdown of less than 5% and a maximum trailing drawdown of less than 6%. Our Audition is designed to assess your trading skills, risk management, and gainability, and we believe that these criteria are an effective measure of a trader’s potential success. Join Global Prop Trader today and take the first step towards becoming a funded trader.

We work with a company called Deel to issue trader agreements and process withdrawals of gains.  Upon passing your 
Assessment, you will receive an email from Gabriella from Deel (gabriella@deel.support) with instructions on how to 
access and complete your Trader Agreement.  Once the agreement is completed and supporting Know Your Customer 
documents provided, your Funded account will be created, funded and issued to you typically within 24-48 business 
hours. 
Once you pass the Assessment, we provide you with a live account, funded with real capital. 
 
The rules for the Funded account are exactly the same as your Assessment account.  However, with a Funded account, 
there is no cap on the gains you can generate.  

At Global Prop Trader, we understand that time is of the essence for aspiring traders. Unlike other prop trading firms that take two business days or more to review and verify your assessment, we strive to get you into a funded account within 24-48 hours. Once you pass our Audition, you’ll receive an email from our withdrawal payment processor DEEL to set up your account. After registering your DEEL account, please allow 24-48 hours for us to set up your funded account. Join Global Prop Trader today and experience a faster, more efficient process to becoming a funded trader

There are two types of breaches to consider: a hard breach and a soft breach. A hard breach occurs when a trader violates the daily or maximum drawdown or the 30 day inactivity rule, while a soft breach happens when a trader fails to close positions by market close on Friday, places a trade without a stop-loss, or exceeds the maximum lots allowed.

In the event of a hard breach during the Global Prop Trader Audition, account access will be revoked, and any gains earned by the trader will be distributed. Similarly, if a funded trader incurs a hard breach, account access will be revoked, and gains earned up to that point will be distributed.

However, traders can always start over with another Audition at Global Prop Trader. We offer a 20% discount for a repeat audition. Join us today and take the first step towards becoming a successful trader with Global Prop Trader.

You can also get access to our world’s best trader education.

At Global Prop Trader, we are committed to helping traders succeed and achieve exceptional returns. We believe that by creating an environment where talented traders can grow and improve their skills, we are also contributing to the success of the overall trading community.

To that end, we offer a 20% discount on every Global Prop Trader Audition after the first, so that traders can continue to hone their skills and improve their trading without any financial burden.

Moreover, some of our trading education packages even include an audition in the cost of the training, providing aspiring traders with a comprehensive program to enhance their trading knowledge and skills. Join Global Prop Trader today and experience a supportive and rewarding community of traders committed to your success.

At Global Prop Trader, we ensure that funded traders trade the same account balance as their Audition. If you traded with $500,000 during your Audition, you would manage $500,000 worth of our capital in your funded trader account.

All Global Prop Trader Audition accounts are demo accounts with virtual funding. Once you pass the Audition, we’ll provide you with login credentials to a live trading account with real funds. As a funded trader, you’ll be entitled to keep 75% of the gains generated in your live account. You can also upgrade and earn 90% gain share, if you choose that at checkout.

If you wish to trade with a higher account balance, you can apply for another Global Prop Trader Audition. However, traders can only have one account per audition tier, and each account is independent and starts with a new Audition.

For example, if you are trading a $100,000 account and wish to trade with more capital, you can apply for a $50,000 account by taking a $50,000 Global Prop Trader Audition. However, to diversify our risk and exposure, those accounts must not be traded with the same strategy, as outlined in our Terms & Conditions. Join Global Prop Trader today and start trading with our capital.

Below are the key rules that apply to both the “demo” Global Prop Trader Audition account and live trading accounts.

●Soft breach means that we will close all trades that have violated the rule. However, you can continue trading in your 
Assessment or Funded account.   
●Hard breach means that you violated either the Daily Loss Limit or Max Trailing Drawdown rule.  Both rules 
constitute a hard breach. In the event you have a hard breach, you will fail the Assessment or have your Funded 
account taken away. 
The Maximum Trailing Drawdown is initially set at 6% and trails (using CLOSED BALANCE – NOT equity!) your account 
until you have achieved a 6% return in your account. Once you have achieved a 6% return the Maximum Trailing 
Drawdown no longer trails and is permanently locked in at your starting balance. This allows for more trading flexibility 
as you have proven yourself as a gainable trader and can now freely compound an account.  
Example: If your starting balance is $100,000, you can drawdown to $94,000 before you would violate the Maximum 
Trailing Drawdown rule. Then for example let’s say you take your account to $102,000 in CLOSED BALANCE. This is your 
new high-water mark, which would mean your new Maximum Trailing Drawdown would be $96,000. Next, let’s say you 
take your account to $106,000 in CLOSED BALANCE, which would be your new high-water mark. At this point your 
Maximum Trailing Drawdown would be locked in at your starting balance of $100,000. So, regardless of how high your 
account goes, you would only breach this rule if your account drew back down to $100,000 (note, you can still violate the 
daily drawdown). For example, if you take your account to $170,000, as long as you do not drawdown more than 5% in 
any given day, you would only breach if your account equity reaches $100,000. 
In line with sound risk management practices, we require a stop loss on every trade.  If you fail to place a stop loss at the 
time of placing the trade/order, we will close the trade. This is a only soft breach rule, so you can continue trading in your 
account. 

TRADING RULES

FUNDED ACCOUNTS

We do not give tax advice; you must contact your local government for instruction.

If you have gains in your Funded account at the time of a hard breach, you will still receive your portion of those gains. 
For example, if you have a $100,000 account and you grow that account to $110,000.  Should you then have a hard 
breach we would close the account.  Of the $10,000 in gains, you would be paid your 75% portion ($7,500). 
When you are ready to withdraw your gains, please send an email to our support email with the amount you would like 
to withdraw.  We will then post your gain share into your Deel account, which you can withdraw via any of the available 
methods they offer. 

No, you cannot merge two accounts. If you have two accounts, you must trade them both separately.

Hard breach rules, which will disqualify/close your account:

Daily Loss Limit: 5%

Max Trailing Drawdown: 6% 

Not taking a trade for 30 days.

See the explanation of the first two rules in the next two FAQs.

Soft breach rules will close positions, but allow you to continue trading:

Stop-loss required for each trade, at the time the trade is executed.

Flat for the weekend – all positions closed on Friday at 3:45 PM EST.

Maximum open lots with risk.

Note that the daily loss limit applies to your current daily equity. For example, a trader with a $100,000 funded account would have a $6,000 daily loss limit. 

In addition, there is a limit on the maximum number of open lots. If you are in the $100K plan, you will have 10 open lots with risk available.

If you violate any of these rules, it will be considered a soft breach, and you can continue trading. However, if you reach your 10% gain target without violating the daily or maximum loss limits, you will be upgraded to a live funded account.

Join Global Prop Trader today and trade with confidence, knowing that your trading account is protected by our simple risk management rules.

You can trade any products offered by ThinkMarkets. This includes FX pairs and CFD Indices, Metals, Equity Shares, and Cryptocurrencies.

The Daily Loss Limit is the maximum your account can lose in any given day. Daily Loss Limit is calculated using the 
previous day balance which resets at 5 PM EST. Unlike other prop firms, we do NOT base our calculations on previous day 
equity since the balance only model allows you to scale gains without fear of losing your account. 
 
The Daily Stop compounds with the increase in your account. ‍  
Example: if your prior day’s end of day balance (5pm EST) was $100,000, your account would violate the daily stop loss 
limit if your equity reached $95,000 during the day. ‍If your floating equity is +$5,000 on a $100,000 account, your new–
day (5pm EST) max loss is based on your balance from the previous day ($100,000). So, your daily loss limit would still be 
$95,000.

At Global Prop Trader, we calculate your daily loss limit based on your previous day’s end-of-day balance. This limit resets at 5PM EST each day.

For instance, if your previous day’s end-of-day balance was $100,000, your account would breach when your equity reached $94,000 that day.

The Daily Loss Limit is the maximum your account can lose in any given day. Daily Loss Limit is calculated using the 
previous day balance which resets at 5 PM EST. Unlike other prop firms, we do NOT base our calculations on previous day 
equity since the balance only model allows you to scale gains without fear of losing your account. 
 
The Daily Stop compounds with the increase in your account. ‍  
 
Example: if your prior day’s end of day balance (5pm EST) was $100,000, your account would violate the daily stop loss limit if your equity reached $95,000 during the day. ‍If your floating equity is +$5,000 on a $100,000 account, your new–
day (5pm EST) max loss is based on your balance from the previous day ($100,000). So, your daily loss limit would still be 
$95,000. 

At Global Prop Trader, we use these measures to help you manage risk more effectively and to safeguard your trading account.

The Maximum Trailing Drawdown is initially set at 6% and trails (using CLOSED BALANCE – NOT equity!) your account 
until you have achieved a 6% return in your account. Once you have achieved a 6% return the Maximum Trailing 
Drawdown no longer trails and is permanently locked in at your starting balance. This allows for more trading flexibility 
as you have proven yourself as a gainable trader and can now freely compound an account.  
 
Example: If your starting balance is $100,000, you can drawdown to $94,000 before you would violate the Maximum 
Trailing Drawdown rule. Then for example let’s say you take your account to $102,000 in CLOSED BALANCE. This is your 
new high-water mark, which would mean your new Maximum Trailing Drawdown would be $96,000. 
 
Next, let’s say you take your account to $106,000 in CLOSED BALANCE, which would be your new high-water mark. At this point your 
Maximum Trailing Drawdown would be locked in at your starting balance of $100,000. So, regardless of how high your 
account goes, you would only breach this rule if your account drew back down to $100,000 (note, you can still violate the 
daily drawdown).
 
 For example, if you take your account to $170,000, as long as you do not drawdown more than 5% in 
any given day, you would only breach if your account equity reaches $100,000. 
There is no limit of lots you can trade at a time.
 
Yes.  If you do not place a trade at least once every 30 days on your account, we will consider you inactive and your 
account will be breached. 
Yes, you can trade during the news 
 

As a trader with us, you are not allowed to hold a Single Share Equity CFD trade overnight into an earnings release. To comply with this rule, you must close all such positions by 3:45 PM Eastern Time on the day of the release (for an aftermarket release), or on the preceding day (for a before-market-open release).

Please note that violating this rule will lead to an immediate, hard breach of your account. If this happens, any gain or loss on the position in question will be removed from any payout calculations.

We require all trades to be closed by 3:45pm EST on Friday.  
 
Any trades left open after this time will automatically be closed.  Note, this is only a soft breach and you will be able to continue trading once the markets reopen. 

You can trade any strategy you choose, as long as you stay within our risk parameters.

Since this is a massively funded account, to control our risk, we provide conservative leverage. 

Fx, Metals, and Oil have 10:1, Stocks are 5:1, and Crypto is 2:1

If your account is inactive for 30 days you, it will be considered a hard breach and your account will be closed.

You must take at least one trade every 30 days.

Slippage refers to the difference between the expected price of a trade and the price at which the trade is executed. Slippage can occur at any time, but is most prevalent during periods of higher volatility — like during an impactful economic news event, for example.

Slippage occurs when the bid/ask spread changes between the time a market order is requested and the time an exchange executes the order.

As with all exchanges, market orders executed through our broker, ThinkMarkets, are subject to occasional slippage — which is not controllable by the broker, nor Global Prop Trader. Traders should be aware of the possibility of slippage during high-volatility periods and trade positions accordingly.

Yes, you can trade using an Expert Advisor.   
 
We do not permit trading activity consistent with malicious practices in either the Assessment or Funded states. Trading 
styles deemed malicious include, but are not limited to: 
• Exploiting errors or latency in the pricing and/or platform(s) provided by the Broker 
• Utilizing non-public and/or insider information 
• Front-running of trades placed elsewhere 
• Trading in any way that jeopardizes the relationship Prop Account has with a broker or may result in the canceling of 
trades 
• Trading in any way that creates regulatory issues for the Broker 
• Utilizing any third-party strategy, off-the-shelf strategy or one marketed to pass assessment accounts 
• Utilizing one strategy to pass an assessment and then utilizing a different strategy in a funded account. 
There are a number of companies marketing and selling off-the-shelf EA’s aimed at passing Evaluations/Funded 
Challenges. This is NOT a representation of a gainable trader and falls under Malicious Practices. 
 

PLATFORM & DASHBOARD

Trading Platform technology is powered by ThinkMarkets

Yes, you can use expert advisors.

Upon purchasing an Assessment, you will receive access to a trader dashboard where you can monitor your Assessment and Funded accounts. The dashboard is updated every time we calculate metrics, which occurs roughly every 60 seconds. It is your responsibility to monitor your breach levels.

ORDERS & BILLING

No, just the one-time prop assessment fee.

We use the RAW accounts from EightCap.  These accounts have commission charges for Forex and Equity Share CFDs.  
The other products do not carry a commission.   

You can have multiple accounts, but only one per tier. 

For example, you can have one $25k account and one $50k account, but not two $25k accounts.

You will get confirmation immediately after the purchase.  However, we must have a team member manually create the account, so it could take 24- 48 hours to get account access, especially if it is over a weekend.  If you don’t receive your welcome email within that time frame, please check your spam/junk box. If it is not there, send an email to info@tradingstrategyguides.com

First and foremost, the fee covers various operating expenses for Global Prop Trader — including technology platforms, personnel, customer service functions, marketing, and all the healthy expenditures that make a company strong.

In addition, the fee ensures that the trader is committed to the process and committed to successful, disciplined trading practices. When a trader has skin in the game, so to speak, they are incentivized to treat their account responsibly and with the utmost care. After all, the fee is but a small token of commitment rewarded with hundreds of thousands of dollars in real capital to trade. The best part of this arrangement for traders is that it is the only capital they risk. Traders cannot lose more than this fee, as losses on a live funded account are covered by Global Prop Trader.

The Global Prop Trader Audition fee serves as a filter for serious traders. The Global Prop Trader community only works when it is comprised of experienced traders that can consistently generate a gain. With limited resources, the Global Prop Trader Audition process reveals those who are committed and responsible traders.

At the end of the day, the Global Prop Trader program is an extremely valuable service — a win-win for everyone — and the service is accurately priced.

Charges come across in the name of Dashboardanalytix.com.  

When trading a Funded account for our firm, you are treated as an independent contractor.  As a result, you are 
responsible for any and all taxes on your gain share. 
You can withdrawal your gains at any time, once per calendar month.  At the time of any withdrawal request, we will 
also withdraw our share of the gains made, as well.   
Important Note:  Once you request a withdrawal, your maximum trailing drawdown will be set at your starting balance.  
This means that if you take a full withdrawal of your share of the gains made in your account, it will also serve as a 
breach of your account.  

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Capital and opportunity are the key components required for a skilled trader to thrive. As a result, we have made it our mission to expedite trader funding and assist gainable traders in capitalizing on their achievements.

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