VProp Trader $1k Challenge Account Free

VProp Trader has launched a special Free $1,000 Prop Trader Challenge for eligible traders. This is a two-step evaluation designed to qualify traders for a funded account. Below is a clear summary of the key terms and conditions extracted from the official challenge document.

1. Overview

Eligible participants will receive a $1,000 challenge account. The promotion is a two-step evaluation. All participants must follow the guide to claim.

2. Eligibility

• Navigate to the official VPropTrader website and contact the support team for assistance regarding the offer. (Existing traders are also eligible to open a new $1K free account.)
• Open the app or website, where the $1K promo page will appear.  
• Select the "Free Challenge Account" option, choose "V Prop Trader 2 Step Challenge" and claim your $1000 Challenge Account.

3. Evaluation Steps (2-Step Challenge)

The evaluation consists of two sequential steps. Both steps use the same risk parameters unless stated otherwise.

Step 1

• Profit target: Achieve 10% profit on the challenge account.
• Maximum daily loss: 5%.
• Maximum total loss: 10%.
• Minimum trading days required: 4 days.

Step 2

• Profit target: Achieve 5% profit.
• Same risk parameters as Step 1:
  • Maximum daily loss: 5%
  • Maximum total loss: 10%
  • Minimum trading days required: 4 days

After reaching the profit target, accounts undergo a manual review by the VProp Trader Risk Team prior to granting a funded account.

4. Withdrawal Rules

• Withdrawals can only be made once.
• The maximum withdrawal amount is $20.
• Withdrawal may be initiated only when the profit share exceeds $50.
• Withdrawal method: Bank transfer only. Withdrawals via USDT or other cryptocurrencies are not supported, except when local payment methods are unavailable (in which case USDT may be allowed).
• After a withdrawal is made the challenge is considered complete and closed.
• Any withdrawal attempts that violate the terms will be denied.
• Withdrawals can only be made 2 weeks after the start of the funded stage.

5. Challenge Period

• The challenge account is valid for 30 calendar days from issuance.
• Within these 30 days, the user must complete the challenge and initiate a withdrawal.
• If no withdrawal is initiated within 30 days, the challenge automatically fails.

Important Considerations 

• Some traders mention that the VProp Trader platform is a new version of the older Vebson prop.
• Before taking advantage of the offer, traders should check the platform trustworthiness and reviews.. 
• VProp Trader reserves the right to modify or cancel the promotion at any time.