Services

Pro-Challenge

Pro-Challenge prop account is designed for all types of traders with minimal fees. Pro-challenge has two phases, phase one is evaluation stage in demo account, and phase 2 is verification stage in real account.

  • What is Prop nitro Trading?
  • Terms & Conditions
  • Account Fee
  • Withdrawal process
  • Trading features
  • Further information
  • Violation Examples
services Prop Nitro

Pro-Challenge prop account is designed for all types of traders with minimal fees. Pro-challenge has two phases, phase one is evaluation stage in demo account, and phase 2 is verification stage in real account.

Terms & Conditions

This document provides details terms and conditions for Pro-Challenge PROP Account. By using Prop services, the client accepts all terms and condition presented for the prop account, as well as Aron Groups Broker terms and conditions presented on the website.

Aron Groups broker provides liquidity and does not interfere in reviewing the traders' trades and strategies, and the service provider company is responsible for all reviews and decisions. By using Aron Prop services, the client declares that he/she has read and accepted all the terms and conditions related to Prop services as well as Broker policies.

Aron Groups Broker and associated prop firm reserve the right, but not limited, to fine, block, or do not provide service to a client at its own discretion.

Account Fee

Pro-Challenge account has an initial fee depending on initial capital of trading account. Reset fee is also applicable for this prop model as we understand mistakes can happen, hence a discounted rate fee is proved for reset. Additional fees may be applied for violation of trading conditions.

Initial trading capital (USD)Deposit (USD)Reset (USD)
5,000$6036
10,000$9054
25,000$14084
50,000$260132

Evaluation (Phase I)

  • The evaluation phase is to test trading skills and give us an idea of what type of trader you are in Demo account.
  • During the evaluation phase they must achieve a profit target of 8% within 30 calendar days with no rule breaches. Minimum trading days for this phase is 10, hence after 10 days, and 8% profit target you may be qualified for next stage even before 30 days period is reached.

Verification (Phase II)

  • The verification phase is to confirm the results of the evaluation phase in the same Demo account. Review is required before moving to phase II.
  • During the verification phase they must achieve a profit target of 5% within 60 calendar days with no rule breaches. Minimum trading days for this phase is 10, hence after 10 days, and 5% profit target you may be qualified for next stage even before 60 days period is completed.

Real Account (Phase III)

  • Profit target is 1% and withdrawal is available after 30 days of starting in real account.
  • Once trader reaches 10% profit, 50% account growth is possible by blocking the 10% profit.

Trading features

Name of servicesPro Challenge Prop
Minimum days of trading10 days in phase 1 & 2
Minimum Profit target in real account1%
Maximum stop-loss for each position2%
Daily Drawdown in phase 1 & 26%
Daily Drawdown in Real Account5%
Maximum Drawdown in phase 1 & 212%
Maximum Drawdown in Real Account10%
The amount of profit to receive more capital10%
Account Expiry dateNot Applicable if conditions are met
SpreadFloating
LeverageUp to 1:100
Trading Symbols+30
MarketsFX, Commodities, Metals
CommissionFX, Metals , Commodities
  • The table of trading symbols is at the end of the terms and conditions.

Withdrawal process

  • Withdrawal is possible after 30 days in real account (phase III). After first withdrawal Biweekly withdrawal may be possible for Senior Traders.
TermsWithdrawal amount
First Month60%
Second Month75%
Third Month90%

Further information

Expert Advisors, Trading Bots, and similar products are possible upon approval from service provider. Traders cannot use a trading bot for the following purposes:

Copying other trader’s trade

  • Tick scalping
  • Hedging
  • Stacking
  • Martingale
  • Latency arbitrage trading
  • Reverse arbitrage trading
  • Hedge arbitrage trading
  • Using simulators
  • Or any method that is toxic and intended to harm the company intentionally/unintentionally.
  • In case of any question or issue trader must act by Submit a ticket via client panel.
  • Kindly note, account fees are non-refundable.
  • Copied trades or copying third-party trades are called unauthorized trades and will result in breach of agreement and termination of service without any notice.
  • Commission is charged for opening and closing a trading position.
  • You can also see the swap details in the trading symbol description section in Metatrader.

Violations

  • Bad Faith, Intentional Gaming of Rules or Intent to bring disrepute, the company reserves the right to terminate the service and provision of any real account in cases of bad faith. Any such action will never result in any liability beyond a refund.

Soft Breach Violations

  • These may be penalized by discretionary fines of approximately 2.5%. Fines will only be levied against positive balances.

Terminal Breach Violations

  • Breach of daily or maximum drawdowns, trading of unauthorized pairs as well as continuing to trade with any soft breach or warning in place.

Stop Loss

  • You must place a stop loss on every position executed and before it is closed, you have to place an SL order within 2 minutes from the position being opened. Failing to do so is a violation.
  • You can take a maximum of 2% of total capital as risk per trade/instrument, if it goes beyond 2% at any point of time, it's a violation. If you have more than one open position on one pair at a time, the total of all positions will be counted as one [ SL – 2% to set accordingly].
  • If you violate the rules and fail, you can re-subscribe and try again. Please note we do not offer discounts for any failed retries.
  • Aron Groups Broker reserves the right to block the trader's account without any warning or explanation including but not limited to any violation and execute the appropriate fine based on the rules.
TermsWithdrawal amount
2nd month60%
After withdrawing 20% profit70%
After withdrawing 20% profit80%
After withdrawing 100% profit90%
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