22% Price Cut For All Trading Challenges
thePropTrade offers a 22% discount across all evaluation account sizes to cel…
thePropTrade has updated its PayFlex evaluation accounts, allowing traders to start any account size for an initial $9.99 fee and pay the remaining balance only upon passing. This update introduces specific structural changes, including a 3% profit target and a 50% profit share during the evaluation phase, but does not alter standard risk parameters.
The PayFlex model splits the standard evaluation cost, requiring only $9.99 upfront regardless of the chosen account size. If a trader successfully meets the evaluation criteria, the remaining balance of the standard fee is required. The newly introduced terms for this account type specifically lower the evaluation phase profit target to 3% and provide a 50% profit share based on evaluation phase performance.
This pricing structure may suit individuals who prefer a lower initial entry cost for evaluation accounts and are comfortable paying the balance conditionally upon passing.
Traders should be cautious if they are unprepared for the total financial commitment required upon passing or if they incorrectly assume the low upfront cost reflects reduced trading difficulty.
The $9.99 entry fee reduces only the immediate upfront cost of the PayFlex account and does not modify maximum daily drawdown limits, overall drawdown rules, or the inherent risks associated with proprietary trading evaluations.
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