Maximum Daily Drawdown: Propywise sets a maximum daily drawdown limit at 5% of your initial account balance. This means on any given day, losses must not exceed this percentage.

Maximum Overall Drawdown: Traders are permitted a total maximum drawdown of 10% of their initial account balance, ensuring that the account balance/equity never falls below 90% of the initial balance throughout the trading period.

Minimum Trading Days: During the Propywise Challenge, traders are required to execute a minimum of 5 individual and separate trades over the course of their trading cycle. These trading days do not need to be consecutive, and there is no cap on the maximum number of trades, allowing traders the freedom to operate as they see fit. Additionally, there is no minimum trading day requirement in the Propywise Funded account.

Copy Trading: Propywise permits traders to engage in copy trading from another Propywise account, prop firm, or retail broker, as long as the accounts are owned by the same individual. This allows traders to replicate trades across any accounts they personally manage.

However, it is strictly prohibited to conduct copy trading between multiple accounts not owned by the same individual, including those of relatives, family members, or friends.

IP Address: Propywise is committed to maintaining a secure trading environment. To prevent complications associated with IP addresses, it is strongly recommended that traders use a single device with a unique IP address for their trading activities on our platform.

VPN/VPS Service: Propywise users are allowed to employ VPN and VPS services for accessing the platform. VPN users are advised to use paid VPN services and choose a specific IP within a country for consistent tracking. VPS users should opt for paid services with dedicated IP addresses and refrain from sharing connections.

EAs/Indicators: Traders at Propywise are permitted to use Expert Advisors (EAs) and Indicators to enhance their trading strategies. It is crucial for each trader to ensure that their trading parameters are uniquely tailored to their own trading style and account needs.

Restricted Trading Strategies: Propywise strictly prohibits any form of cheating or exploitation of the platform, which violates our Terms of Service (TOS) agreed upon during registration. Traders are encouraged to read our Terms of Service thoroughly to avoid any unintended breaches.