Prop Capital Forex prop firm review

Prop Capital Forex prop firm review

Prop Capital prop firm offers funded challenges and frequently has discounts on various accounts, which is flexible and attractive. The funded challenges range from 10k to 300k USD amounts. 10k USD challenges cost 79 dollars, which is a competitive price. The pricing is one-time, meaning traders have to pay them once during sign-up. The profit split is up to 80% which is decent. Traders can access diverse markets using popular prop trading platforms, DXTrade, and TradeLocker. 

In this Prop Capital review, we will assess the firm’s critical features like safety, rules, funded options and types, assets, platforms, pricing, support, and more in great detail. 

Pros & cons of Prop Capital prop firm

ProsCons
Affordable pricing from 79 dollars for 10k USD challengesLow safety: No Trustpilot or FPA reviews, and is young and inexperienced
Diverse market access: Forex, crypto, commodities, and indicesNo access to MT4/MT5 platforms
Allows news trading, weekend holding, and diverse trading strategies (martingale)No scaling plans
 Limited educational resources
 No live chat or phone support is available
 No free trials or free repeats

Quick rating of Prop Capital and its features

FPA ScoreNot rated
Year founded2024
HeadquartersUnknown
Minimum audition fee 
Fees on withdrawals 
Minimum funded amount 
Maximum funded amount 
Allowed daily loss 
Profit target 
Maximum trailing drawdown 
Profit sharing (Payouts)80%
Trading PlatformsDXTrade, TradeLocker
Available trading marketsCryptos, Forex, index, and commodities

Safety of Prop Capital

Prop Capital reviews are absent on the Forex Peace Army (FPA) platform, which is a downside. On Trustpilot, the firm is also non-existent, which is a huge red flag. The lack of trader evaluations makes it extremely difficult to define how reliable the firm is. The firm was launched in 2024, which makes it also young and inexperienced in its sector, which is yet another downside for the firm. Additionally, all funded challenges are simulated accounts, meaning traders only access demo accounts. The firm’s trading services are backed by regulated brokers, EightCap, but the firm does not offer access to MT4 and MT5 platforms. EightCap is regulated in Australia and offers access to diverse markets for competitive conditions.

The firm gets a 1.5 score in this section as it lacks all safety features, but is still backed by a regulated broker.

Prop Capital Funding and maximum capital allocation

Prop Capital funded programs are two, Basic, and Ultimate. The firm seems oriented on HFT or High-frequency trading funding, which is a red flag. HFT strategies require serious capital and retail traders can not develop them on their own, which makes the firm’s offerings very suspicious. 

The Basic Prop Capital funding options include 10k, 25k, 50k, 100k, and 200k USD amounts, while the Ultimate Prop Capital challenges offer 50k, 100k, 200k, and 300k USD amounts. 

Prop Capital scaling plan is not offered, which is a downside for traders and the firm. It is not possible to grow a funded account over time, which is a limiting factor for both beginners and seasoned traders.

Overall, the firm gets a 3 score in this section.

Prop Capital Assets

Prop Capital prop trading assets are diverse and include popular markets like FX pairs, cryptos, commodities, and indices. The firm is backed by EightCap which is a registered broker and offers spreads from 0 pips on major FX pairs. However, there is a commission of 7 USD round-turn per lot. The firm does not provide details about maximum leverage which is a downside. 

Overall, the firm gets a 3 score in this section.

Prop Capital Trading rules and limitations

Prop Capital rules are slightly different for each funded challenge type. The Basic challenge has the following rules:

  • Profit target - 10%
  • Daily loss limit - 5%
  • Maximum drawdown - 10%
  • Martingale strategies - Allowed
  • Grid trading - Allowed
  • Weekend holding - Allowed
  • News trading - Allowed

The Ultimate challenge requires traders to:

  • Profit target - 10%
  • Daily loss limit - 5%
  • Maximum drawdown - 12%
  • Martingale strategies - Allowed
  • Grid trading - Allowed
  • Weekend holding - Allowed
  • News trading - Allowed

As we can see, the firm is rather forgiving and allows weekend trading, news trading, and a handful of usually restricted strategy types. 10-12% maximum drawdown is also very attractive and flexible.

Overall, the firm gets a 2 score in this section. 

Prop Capital Fees

The pricing at Prop Capital prop firm starts at 79 dollars for a 10k USD challenge, which is competitive. The Ultimate accounts are more expensive, while Basic Challenges offer more affordable pricing. Spreads start from 0 pips, which is very attractive, especially for scalping strategies. 

Prop Capital free trial is not offered and the Prop Capital free repeat is not available either, which is a downside. 

Overall, the firm gets a 3.5 score in this section. 

Prop Capital Platforms

The firm only allows access to two popular prop trading platforms, DXTrade, and TradeLocker. Despite its partner broker offering MT4 and MT5 advanced platforms, the firm does not allow its traders to access this software. Mobile trading is available and traders can use custom indicators. However, these platforms do not allow automated trading systems because TradeLocker and DXTrade do not support EAs. 

Overall, the firm gets a 3.6 score in this section.

Prop Capital Profit-Sharing

Prop Capital profit split is 80% for all challenges, which is competitive. However, there is no way to get up to 90% payout, which is a downside. The firm does not offer paid add-ons or scaling plans. Withdrawals have no fees and should take 1-2 business days.

Overall, the firm gets a 3 score in this section.

Education and trading tools at Prop Capital

Prop Capital completely lacks any educational services, which is a downside. There are no tools offered either to help traders increase their accuracy.

As a result, the firm gets a 0 score in this section. 

Customer Support at Prop Capital

The firm only offers access to email and there are no other options such as live chat or hotline support. The lack of these options is a red flag, and it will take some time to contact the firm and get an answer for issues that are not comfortable. The website and support are both only in the English language, which is also a downside. 

Overall, the firm gets a 1.2 score in this section.

Frequently Asked Questions on Prop Capital

Is Prop Capital legit?

Prop Capital scam is less likely but still possible, as the firm lacks trader reviews, and is a young prop trading firm. 

Is Prop Capital a good prop firm?

The firm has some attractive offerings such as low pricing, but a limited track record and demo-only accounts make it a risky firm to recommend. 

What is the minimum Prop Capital fee?

The smallest pricing at Prop Capital prop firm starts at 79 dollars for a 10k USD challenge, which is competitive.