Frequently Asked Questions

Solving Your Queries, One Answer at a Time

Company Overview and Differentiation

  • Q
    What’s the big difference between your prop account and the competition?

    We equip our traders with state-of-the-art tools and technology, from advanced charting software to analytical tools, enhancing their ability to trade effectively and efficiently in the global markets.

  • Q
    Why Choose Key to Prop?

    Trading with Key To Prop means partnering with a firm that invests in your success. Our supportive environment, educational resources, and risk-free trading opportunities provide a solid foundation for your trading career.

  • Q
    What’s a prop company?

    Most people have heard of prop firms but are unsure what they are exactly. A prop firm is a company offering prop traders an opportunity to use their skills to trade using the company’s capital. The company provides traders capital that they can use to trade stocks, commodities, futures, derivatives, and currencies.

  • Q
    What is KeyToProp?

    KeyToProp is a retail prop trading firm offering a simulated trading environment for traders to showcase their skills and earn real money based on performance.

  • Q
    Do you offer any educational resources or support for traders?

    Yes, we provide educational resources, including videos, trading guides and 1-on-1 sessions to help traders improve their skills.

Trading Instruments and Spreads

  • Q
    Can I trade Indices?

    Yes, you can trade Indices, and also Forex, Metals, Shares, Cryptocurrencies and Commodities.

  • Q
    How can I check your live spreads?

    You can check the spreads on the website of our broker partner, or on the trading platform.

  • Q
    What instruments can I trade?

    You can trade Forex, Indices, Commodities, CFD Crypto and CFD Stocks.

Terms and Conditions

  • Q
    What are your Terms and Conditions?

    You can read the Terms and Conditions by clicking on this link: Terms and Conditions

Evaluation Process and Trading Rules

  • Q
    Does my evaluation account expire?

    There’s a time limit of 180 days for each of the evaluation steps in our challenges.

  • Q
    What are your trading rules?

    You can read more about our trading rules by clicking here: Trading Rules

  • Q
    Do you allow Hedging Trades?

    Yes, we allow hedging on the same account, but please make sure to read and understand our Trading Rules

  • Q
    Do I have to use a Stop Loss for every trade?

    Traders must employ Stop Loss orders for all trades to manage risk effectively. You can read more about our Trading Rules

  • Q
    What are the prohibited trading strategies?

    The following strategies are prohibited: • High-Frequency Trading • Latency Arbitrage • News Straddling • Stop Order Arbitrage • Any strategy exploiting error in the service, such as errors in the display of prices or delays in their update.

  • Q
    Can I use Expert Advisors (EAs)?

    Use of EAs is permitted, provided they comply with our general trading and risk management rules.

  • Q
    What is the total challenge duration?

    The total challenge duration is 180 days.

  • Q
    What’s the maximum drawdown?
    The maximum negative return, the account had achieved from losses during the
    stage.
    Calculated in the following steps:
    - The highest local return is found (the point where the return value is high,
    compared to the preceding and the following value)
    - The lowest following return is found (the point, where preceding and following
    returns are higher).
    - Return is calculated for the interval between those points.
    - The system locates all of such intervals in the account’s history and then selects
    the maximum absolute value.
    - The value is 0 if the highest return is not followed by any loss.
  • Q
    What’s the profit target?

    The profit target is 10%.

  • Q
    Simulated Accounts are "balance" based?

    Simulated Accounts are not "balance" based.

  • Q
    How is the Max Daily Loss calculated?
    The maximum amount of loss during a single day, compared to the initial balance
    Violated when:
    Initial balance * Daily loss/100 ≥ Set value
    Daily loss calculation is reset at 23:59 (UTC+3)
  • Q
    How many challenges do you have?

    We have three different challenges. You can read more about the details here: CHALLENGES OVERVIEW

  • Q
    What is a 2-Step Evaluation?

    You need to successfully pass both steps by reaching the objectives and avoiding the constraints in order to become a funded trader at Key To Prop. You can read more about our challenges here CHALLENGES OVERVIEW

  • Q
    Can I participate in multiple challenges simultaneously?

    Purchases are unlimited. You can participate in multiple different challenges (e.g. Lite and Premium) at the same time. However, you cannot purchase or participate in the same challenge (e.g. Premium) more than once simultaneously.

  • Q
    How do the challenges work?

    Traders select a challenge package, trade in a simulated environment, and aim to meet the challenge objectives without breaching trading rules to qualify for a funded account. Challenges Overview

  • Q
    Are there any restrictions on the trading hours?

    Trading is generally allowed 24/5, but specific instruments may have different trading hours. Check the trading platform for details.

  • Q
    What happens if I breach a trading rule?

    For the consequences of any rule violations, please refer to the Trading Rules.

  • Q
    How can I monitor my progress in the challenge?

    You can monitor your progress through the Challenges Hub, which provides real-time updates on your trading performance and adherence to rules.

  • Q
    Is there a minimum trading volume requirement?

    There is no specific minimum trading volume requirement, but trades must comply with the challenge rules and objectives.

KYC and Account Setup

  • Q
    When do I need to fill in my KYC form?

    You can fill your KYC form at any moment throughout the registration process but it is required to be completed and approved before you start any challenge.

  • Q
    When will I receive my account logins?

    As soon as you complete your KYC form and its approved then you will automatically receive all your login details through an email to your designated account.

  • Q
    How can I top up my wallet?

    You can top up your wallet using multiple payment methods. 1) You click on the wallet button on the top right corner and you top up as much as you want 2) Choose which challenge you want to participate in and press the TOP UP button to fund your wallet. 

  • Q
    When do you start counting the days?

    The 180 days for the evaluation starts when you activate your challenge.

  • Q
    How do I sign up for a challenge?

    You can sign up for a challenge through our client area by selecting your desired challenge package and following the registration process. Challenges Overview

  • Q
    Is there a minimum age requirement to participate?

    Yes, participants must be at least 18 years old to join a challenge.

After Passing Evaluation

  • Q
    What happens when I pass the evaluation steps?

    If you pass the evaluation step(s), you become eligible to become a funded trader and trade with a funded account. Key to Prop Evaluation Department will act within 48 hours from the moment you reach all Challenge's Targets.

  • Q
    How are the funded accounts structured?

    Funded accounts are structured based on the challenge package you choose, with different account sizes and risk parameters.

Withdrawal Process

  • Q
    How long does it take for a withdrawal?

    All withdrawal requests are checked within 24 hours on working days (Monday-Friday). Once approved, a withdrawal takes about 2-3 working days. If you do not receive your payment within 5 business days then please contact us immediately.

  • Q
    Can I withdraw my profits at any time?

    Yes, you can request payouts according to the payout schedule specified on your dashboard. Payouts

Trading Platforms and Partnership Programs

  • Q
    What trading platforms are available?

    We provide the MT4 and MT5 trading platforms.

  • Q
    What partnership programs does Key to Prop offer?

    We offer a variety of partnership programs. Please visit our Affiliates program, or contact our Team for more details.

Automated Trading and Position Closure

  • Q
    What can cause my positions to close automatically?

    Your Stop Loss or Take Profit may have been triggered. Alternatively, if you no longer have enough equity in your account to support the trade's margin requirements, the automated stop-out system will start to close out your trades. Another reason is if you are using an Expert Advisor, it may have sent an order to close your trade..

Profit Sharing and Trader Qualities

  • Q
    What is your profit-sharing model?

    Key To Prop's profit-sharing model is designed to reward success. Traders benefit directly from their achievements with generous profit splits up to 90%, aligning the firm's success with that of our traders, creating a mutually beneficial partnership.

    Please refer to Challenges Overview and Scaling

  • Q
    What are the essential qualities of a successful trader?

    A successful trader embodies discipline, patience, and resilience. They adapt to new challenges swiftly, and stay committed to continuous learning and strategic trading.

Leverages

  • Q
    What is the leverage on my trading account?

    We offer the below Leverage on all trading accounts:

    FX Currency Pairs: 1:50
    Indices: 1:10
    Commodities: 1:10
    CFDs on Stocks: 1:02
    CFDs on Cryptos: 1:02