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FAQ PTA

Frequently asked questions

Excellent 4.3 out of 5
FAQ prop trading academy
  • Suggestions
    Our offer currently includes 3 types of programs: One-Step Challenge, Double-Step Challenge and Instant Funding. Each of the programs has its own peculiarities and you can choose the one that best suits your trading needs.
  • Don't know how to proceed?
    Access our Login page via our website: https://proptradingacademy.com/ Through the login page you will be directed to a web area where you will see an overview of your trading account and what your limits are for moving to the next stage or for the maximum loss you need to pay attention to. Download the platform using the cTrader link found in your customer area. You can download the platform for both Windows and Mac.
  • First login:
    Your login details have been sent to your email address. Also check your “Spam” or “Bulk” folder. Remember the password you generated when logging in. Confirm your address by clicking on the link in the email you received. Once the broker has authorized you, you will receive an email from cTrader in which you can select the password and then you can start trading.
  • What can I trade?
    On the platform you can trade metals, currencies, energies, indices and cryptocurrencies.
  • How does the One-Step assessment work?
    Our One-Step challenge is the simplest and fastest on the market. Your goal is to reach your target in one step and upgrade to the PTA funded account for up to 90% profit with our super scale-up program. To complete our evaluation and receive the virtual One-Step trading account and receive profits from it, you must successfully pass stage 1. Your goal is to make a 10% profit while avoiding suffering a daily drawdown (balance based) of more than 3% and a total drawdown of more than 6%. There are a few other rules that ensure that only diligent traders pass the evaluation stage. Before you get started, be sure to check the verification rules in detail. Once you have completed your profit target, remember that one requirement is to have at least 5 trading days. A trading day is a day in which at least one trade was opened/closed. If your profit and minimum trading days requirements are complete, make sure to close all open trades. Only once the operations are closed and the required profit % is achieved can the phase be considered passed. As soon as you pass the stage, you will receive a certificate attesting to your skills and we will contact you to create the account. We will ask you to verify your identity (KYC) using an automated system and we will send you a contract that will govern our monitoring and possible replication of the operation of your PTA account. We will also refund the fee you paid for the program along with the first payout payment from your account. For your account to remain active, you must meet the condition of at least 1 transaction every 30 days on your account.
  • What rules do I have to follow to maintain the One-Step account?
    If the single-phase account has been funded it means that you have been able to manage the drawdown and have overcome the challenge. Once you reach this final stage and get your account funded, you no longer need to meet the profit goal requirements (unless you're trying to scale your account). There is no need to create any specific volume. You just need to stay active and pay attention to the drawdown. You must close at least one deal per month. An account that has not traded for 30 days will be closed.
  • How does the Double-Step assessment work?
    PTA also has the classic Double-Step challenge. Your goal is to reach your target in Double-Step and move to the PTA financed account for up to 90% profit with our super scale-up program. In each phase, your objective is to make a profit of 8% (1st Phase) and 5% (2nd Phase) while avoiding suffering a daily drawdown (balance based) of more than 5% and a total drawdown of more than 10%. There are a few other rules that ensure that only diligent traders pass the evaluation stage. Before you get started, be sure to check the verification rules in detail. Once you reach your profit goal, remember that a requirement is to have at least 5 trading days. A trading day is a day in which at least one trade was opened/closed. If your profit and minimum trading days requirements are complete, make sure to close all open trades. Only once the operations are closed and the required profit % is achieved can the phase be considered passed. In this case, once the second phase has been passed, you will receive a certificate attesting your skills and your new "funded" virtual account will be sent to you. We will ask you to verify your identity (KYC) using an automated system. Where applicable, we will also refund the fee you paid for the program together with the first required payout. For your account to remain active, you must meet the condition of making at least 1 transaction every 30 days.
  • What rules do I have to follow to maintain the Double-Step account?
    If the account has been funded it means that you have been able to manage the drawdown and have overcome the challenge. Once you reach this final stage and get your account funded, you no longer need to meet the profit goal requirements (unless you're trying to scale your account). There is no need to create any specific volume. You just need to stay active and pay attention to the drawdown. You must close at least one deal per month. An account that has not traded for 30 days will be closed.
  • How does Instant Funding work?
    With the Instant Funding account your only objective will be to reach the 10% target to be able to request the first payout and 21 days must have passed. Payouts subsequent to the first will be possible again upon reaching 10% profit, as long as the net amount of the requested payout is greater than $100 and at least 14 days have passed since the previous one. Before requesting the payout, remember that there must be no open operations. If you have not already done so you will need to submit KYC (identity verification). With the Instant Funding account you will not have to worry about the daily drawdown but only the absolute drawdown, which is 10%, and perform at least one transaction per month. An account that will not trade for one month will be closed. Unlike the other PTA challenges, there is no refund of the registration fee for Instant Funding accounts. For the Instant Funding Challenges, the doubling of the account foreseen by our Scaling Plan will be achieved after three withdrawals of a minimum 10% each.
  • How to get started?
    Go to the home page of the site and choose the most appropriate challenge for you, register and verify your email, you will receive all the instructions to download the platform and start your challenge. You will have access to a dedicated educational package and your performance will be evaluated according to the rules.
  • How to view trading instruments on the platform?
    Once you have entered the platform, go to the top left and open the drop-down menu or select Trade Trade Icon. A menu will open where you can select between: ► Popular Markets; ► Metals (Spot) ► Energies (Spot) ► Forex (Spot) ► Indices (Spot) ► Crypto (CFDs) Within the various markets you can choose the instrument you were looking for. You can also build your own Watchlist by adding the instruments of your interest.
  • Can I choose a broker?
    PTA provides a globally regulated broker, which guarantees competitive spreads and speed of execution.
  • How is the daily and maximum drawdown calculated?
    Daily Initial Withdrawal Rule (applicable to One-Step and Double-Step program only): Every day at midnight (server time), we take a snapshot of your account. During the next 24 hours, your account cannot drop below 5% of your balance as of midnight. If you started with 100,000 USD and your capital at midnight (server time) after the first day of trading is 103,000 USD, the next day you cannot go below the capital of 97,850 USD (103,000 – (103,000*0, 05)). For example, on the second trading day, you find yourself with a midnight capital of USD 101,000. You are still well and can continue trading. On the next third trading day, it is not possible to fall below the capital of USD 95,950 (101,000 – (101,000*0.05)). If you end up with some losing trades on the third day and your capital drops below USD 95,950, it is considered a serious violation and your One or Two Phase Evaluation Program will be terminated. Please note that net worth includes profit or loss from open trades. General drawdown rule: The overall drawdown is simpler. It is the same every day and is 10% of your starting capital. If you started with USD 100,000, your capital can never go below USD 90,000 at any time. The overall drawdown on the Funded Account is calculated from the beginning of day principal (SOD)”. If the SOD capital is higher than the initial balance, it means that your maximum limit has increased and from that moment on the overall drawdown is calculated from the updated value (Balance based). The maximum limit is updated once a day, at the end of the day. Please note that both of these rules apply and are monitored in parallel, and violation of any of them results in failure of the particular evaluation program.
  • What time limits are there?
    One-Step and Double-Step Challenges: You have unlimited time to complete the first or second evaluation phase and you need at least five trading days. Closing a transaction activates the counting of trading days. To reach the expected 5 days, there must therefore be at least 5 days with a closed trade. Instant Funding: You have unlimited time, we have no minimum or maximum time limits. You can trade at your own pace but before I can make a withdrawal I should have closed at least five trading days using the same methods as the One or Double Step challenges. All our accounts, both One and Double Step assessments and Instant Funding, do not expire, but you must remain active. Your account will be closed if no transactions are made, opened or closed within a 30 day period.
  • What happens if I don't pass the challenge?
    You can try as many times as you want. If you weren't able to pass the challenge, don't be discouraged, you'll just have to purchase the package again. Always check for any discounts.
  • Which trading platform is used?
    Our broker provides the CTrader platform which you can use on any device, both Windows and iOS.
  • Can I use EA to have automated trading?
    You can choose the trading method you want. In PTA, Expert Advisors are supported and allowed at any stage, with the exception of the following disabled practices: Copying trades from other people's signals or having your accounts managed by third parties Using services or EAs created by third parties for the purpose of “beating prop trading ratings” or otherwise exploiting technical inefficiencies of the platform and its infrastructure. Traders can use the same Expert Advisor as other traders, but each trader must ensure that their trading parameters are unique to their trading style and account. Martingale Scalping HFT Latency arbitrage trading Opposite trading/hedging across multiple accounts or traders
  • Can I do Copy trading?
    PTA allows traders to use copy trading from another PTA account, from prop firms, as long as the accounts are owned by the same individual. This means you can copy trades from any account you own. However, copy trading between multiple accounts not owned by the same person, including those of relatives, family or friends, is strictly prohibited. The following activities are also prohibited: If a significant percentage of your trades are identical to one or more traders based on parameters (opening price, closing price, lot size, lot ratio, symbols, etc.) PTA uses an automated reporting system to identify trades that resemble those of one or more traders. If a flag is triggered on your account, it will be subjected to a manual review and, depending on the severity of the violation, one of two actions may be taken: A warning will be issued along with a profit deduction and the account will be reinstated. If you have no profits, your account will not be reinstated. The account will be closed directly without any profit sharing. Traders can use the same Expert Advisor as other traders, but each trader must ensure that their trading parameters are unique to their trading style and account. If traders use the same Expert Advisor and have identical trading parameters and similar trades are found between one or more other traders, this will also be considered copy trading. Copy trading, account management and “pass your challenge” services are not permitted. Traders must operate independently. If traders fail to comply with any of the regulations, they may receive a formal warning or immediate termination from the PTA platform, depending on the severity of the case. The purpose of the copy trading rules is to ensure that all traders trade fairly and ethically and to prevent any abuse of the copy trading system. These rules help maintain a level playing field for all traders and promote a healthy trading environment. By following these rules, traders can benefit from the copy trading system without compromising the integrity of the system.
  • Can I hold positions on weekends and trade during news?
    You can trade any time the markets are open and you can keep your positions open for as long as you want, even over the weekend. Furthermore, it is possible to open or close trades before, during or after periods of extreme volatility caused by significant events and/or news. In any case, each operation must have a minimum duration of 3 minutes between opening and closing.
  • What leverage can I use?
    PTA offers 100:1 leverage during the valuation stages. and 30:1 on funded accounts. For the USD 500,000 account, the leverage is reduced to 10:1. Here is a detailed overview of the maximum leverage for certain instruments.
  • What instruments can I trade?
    You can trade an extensive list of Metals (Spot), Energy (Spot), Forex (Spot), Indices (Spot) and Crypto (CFDs) across all our account types. We do not offer stock trading.
  • What currency are the accounts in?
    The currency that is used is USD.
  • What happens if I suffer a loss?
    PTA does not make offers to buy or sell securities or other financial instruments, nor does it collect customer deposits in any way. All accounts provided to the customer are in a virtual environment with virtual money. Whether you have chosen to take on the One-Step or Double-Step challenge or have a Funded Account, making difficult decisions such as closing losing trades is part of the decisions that a trader who aspires to success must be able to make. The important thing is to keep an eye on the drawdown levels. If you are in an evaluation phase check if you are still within the withdrawal limit. In that case, you can continue trading. Also, you don't have to worry if you have violated the rule. If you feel you've learned and can do better next time, you can purchase another package and try again.
  • When funded do I trade with real money on the accounts provided?
    PTA does not make offers to buy or sell securities or other financial instruments, nor does it collect customer deposits in any way. All accounts provided to the customer are in a virtual environment with virtual money. To enable PTA to offer its services globally and enable traders from all over the world to become full-time professional traders without any restrictions, all accounts provided are virtual with virtual funds. PTA reserves the right to copy transactions from accounts selected at its sole discretion.
  • Where can I download the trading platform?
    You can download the trading platforms for free via a link that will be part of the welcome email. Furthermore, you can download the platforms from the link provided via email or available within the dashboard in the download area. We offer trading platforms in versions for PC (Windows, MAC) or Android and iOS mobile operating systems.
  • Where can I find the trading platform login information?
    The phased program includes one or Double-Step evaluation and only after having satisfied the conditions, the trader gets access to a funded account on which he can trade and generate profits, part of which PTA will send to him upon request when requested by the customer. The Funded Account allows immediate access to the account, without the need to satisfy all the conditions in the One-Step or Double-Step evaluation. Login information will always be sent to your registered email address, so please check your spam folder as well. If you cannot find the email, please contact our support team (support@proptradingacademy.com).
  • What time is the server based on?
    The time on our platform's server is based on GMT (Greenwich Mean Time) and is set to the EET (Eastern European Time) time zone. During the year the server time may be GMT +2 or GMT +1. This setting is used so that the close of a daily bar corresponds to the New York trading close time (5:00 PM EST) Example: Daylight saving time (from around the end of March) is GMT+2. Winter time (from around the beginning of November) is GMT+1.
  • What is the difference between One-Step or Double-Step Challenge and the Funded Account?
    The phased program includes one or Double-Step evaluation and only after having satisfied the conditions, the trader gets access to a funded account on which he can trade and generate profits, part of which PTA will send to him upon request when requested by the customer. The Funded Account allows immediate access to the account, without the need to satisfy all the conditions in the One-Step or Double-Step evaluation. The difference between the programs also lies in the price per account and the individual rules that the program trader must follow when trading. You can find more information on the site and then decide which is the best option for you.
  • What is the High Water Mark?
    The High-Water Mark (HWM) is the highest capital achieved on a given account. The HWM value is updated once a day at the start of the trading day in the “Funded Account” and this value is used as a source to calculate the maximum possible loss value. The HWM represents the value of the highest profit achieved. The maximum profit value is not reduced. It always gets higher or stays the same. The HWM is only reduced if the client's profit is withdrawn from the account, when the HWM is recalculated and subsequently reduced.
  • What is the possibility of duplicating the account after 3 payouts?
    When a trader has completed his challenge and has a funded account, if he requests a payment of at least 5% of his capital three times he will see his initial capital doubled. The rule states that before requesting the payout, all operations must be closed. The trader will be able to accumulate 3 payouts of 5% even if interspersed with smaller payouts. The system will memorize payouts greater than 5% obtained by the trader on the same account, and upon realization of the third payout PTA will assign an account increased by 100% of the same type as the original one. For Instant Funding accounts, the capital can be doubled only after requesting a payment of at least 10% of the capital 3 times. For the Instant Funding Challenges, the doubling of the account foreseen by our Scaling Plan will be achieved after three withdrawals of a minimum 10% each.
  • What is the at least 5 trading days rule?
    The day you closed a position counts as one day, so you need at least 5 days (where you closed a new position) during the challenge.
  • Are there transaction fees?
    Transaction fees are $2.50 per order* ($5 OPEN & CLOSE) / 1 lot (per order of 100,000 currency). Please note that this fee will be deducted from your trading account every time an order is completed. *When placing an order, the transaction fee for the opposite transaction (total of 2 transactions) will be deducted.
  • What is the definition of Martingale?
    The martingale is described as opening more than one position on a given instrument and in the same direction, while the first position opened on the same instrument is in drawdown. Subsequently, the technique is considered martingale if one of the following conditions is met: Any of the consecutive positions are opened at an exponent higher than 1x. Consecutive positions are opened with any volume but at a similar price and at a similar time. As a result, the total volume of similar positions is more than 1x larger than the original position. Below are some examples. The examples only serve to clarify individual points. They in no way present a comprehensive list of prohibited practices or scenarios. Example 1 – considered martingale ——————————— 1pm, buy 1 lot XAUUSD at the 2040 price 1.05pm, buy 1.2 lots XAUUSD at the 2038 price 1.10pm, buy 1.4 lots XAUUSD at the 2037 price Example 2 – not considered martingale ——————————— 1pm, buy 1 lot XAUUSD at the 2040 price 1.05pm, buy 1 lot XAUUSD at the 2038 price 1.10pm, buy 1 lot XAUUSD at the 2037 price Example 3 – considered martingale ——————————— 13:00:00, buy 1 lot XAUUSD at the 2040 price 13:05:10, buy 1 lot XAUUSD at the price 2038.23 13:05:15, buy 1 lot XAUUSD at the price 2038.35 13:10:54, buy 1 lot XAUUSD at the price 2037.45 13:11:05, buy 1 lot XAUUSD at the price 2037.67
  • Stability and safeguard rules
    We are looking for traders who use correct money management. If we encounter accounts with volume exposure that we deem excessive, we may, at our sole discretion, reduce leverage by up to 1:5 on the same accounts. The purpose of this provision is to guarantee adequate sustainability, both corporate and safeguard for all users, against the risk of sudden market shocks, always possible and unpredictable, which could lead to very negative consequences.
  • How is the profit of funded accounts divided?
    We know how difficult it is to find a truly successful trader and we want to fairly reward those who make it and become PTA funded. For this reason, with scaling you will receive 70% or more (80-90%) of all profits made. For Instant Funding accounts the profit split is 50%.
  • How much does it cost?
    We charge a one-time subscription fee based on your account size and the program described on our website. This is the only cost and the only risk you run by participating. Furthermore, if you successfully complete the verification process within the PTA programs, you will receive a refund of the same along with the first payout except for Instant Funding accounts which do not provide any refund of the purchase commission. There are no other fees or hidden costs. There is no need to cover losses incurred.
  • How and how often can I withdraw my profits and what is the minimum amount?
    You can request a withdrawal within the dashboard. The funds are sent in the form of a wire transfer to any bank account you own. Payment details will be provided in the dashboard. Before you can proceed with your withdrawal request, you must successfully complete the KYC process. Profits made on PTA accounts can be withdrawn as long as at least 21 days have passed since the creation of the account and at least 14 days since the first withdrawal. Before requesting a withdrawal, make sure to close all open trades. You can withdraw any amount with a minimum of 100 USD.
  • How many accounts and what is the maximum value of the account(s) that can be reached?
    It is possible to have multiple accounts, but their total value cannot exceed $1,000,000. In the “Duplicate your account after 3 payouts” plan the maximum scaling can reach $800,000 after which it will no longer be possible to duplicate.
  • I failed on my funded account. Can I still withdraw the remaining profit?
    Unfortunately it is not possible. Once the rules of a PTA account are violated, the account is closed and it will no longer be possible to request the withdrawal of the profit share. Any other option would promote excessively risky trading.
  • Can I get a refund for my purchase?
    Once the purchase has been completed and the access codes to the virtual trading platform have been received, the refund is no longer available. If you have not yet logged in to the PTA dashboard or if you have not yet made a transaction on your account, we will accept refund requests within seven days of purchase, provided you have sent us your request via email. We will not accept refunds if you contact us via chat or contact form. You will receive, where applicable, a refund of your purchase after successfully passing Double-Step assessment on your PTA account. The refund is processed together with the first payout.
  • Is it possible to merge accounts?
    Merging accounts with PTA is NOT possible.
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