Propr describes itself as "an on-chain prop firm built on Hyperliquid". Traders pay a one-time fee for an evaluation on perpetual futures. The rules page describes four evaluations: Classic 1-Step, Turbo 1-Step, Pro 1-Step and Classic 2-Step. Traders who pass get a funded account, which pays 80% of profits in USDC on-chain.
The firm says all of its accounts, including funded accounts, are "100% simulated". Its pages name the operator as Propr Limited, a British Virgin Islands company, and say it is not authorised or regulated by any financial authority.
Our saved copies of Propr's homepage, rules page, FAQ, funded terms and general terms are short. They did not include the full price list. Some statements also differ between pages; we point these out below.
Everything in this review comes from Propr's own web pages, saved on 10 October 2026. Rules and prices change, so check the firm's site before you buy.
| Highest profit split | Up to 80% source Firm's wording: “A flat 80% of the gains you generate on a funded account. … The same split applies across all account sizes and all challenge types.” |
|---|---|
| Account types | 1-Step evaluation, 2-Step evaluation source |
| Markets | Crypto, Stocks, Indices, Commodities, Metals source |
| Platforms | Terminal source |
| Allowed / offered on at least one account type |
Rules can differ between account types — check the linked page for the account you want. |
| Not allowed, or rules that apply (firm says so) |
|
| Restricted countries named | Bangladesh, Belarus, Burkina Faso, Central African Republic, Cuba, Ethiopia, Haiti, Iran, Iraq, Kazakhstan, Kyrgyzstan, Lebanon, Libya, Mali, Myanmar, Nigeria, North Korea, Pakistan, Russia, Somalia, South Sudan, Sudan, Syria, Tajikistan, Turkmenistan, Uzbekistan, Venezuela, Yemen, Zimbabwe source Countries the firm names. Its list may also refer to sanctions lists or other countries — check the linked page. |
The rules page says "Propr offers three evaluation types across five account sizes", but the same page describes four evaluations: Classic 1-Step, Turbo 1-Step, Pro 1-Step and Classic 2-Step. The figures below are as the rules page gives them.
| Evaluation | Profit target | Daily loss limit | Maximum drawdown |
|---|---|---|---|
| Classic 1-Step | 10% | 3% | 6%, static |
| Turbo 1-Step | 9% | 3% | 3%, static |
| Pro 1-Step | 12% | 3% | 5%, static |
| Classic 2-Step | Step 1: 5%; Step 2: 10% | 5% | 8% of starting balance, trailing |
The rules page calls the evaluation fee "a one-time, non-refundable fee paid to activate an evaluation account". The homepage says: "Your only cost is a one-time challenge fee."
Our saved copy of the homepage shows a one-time price of $275, but does not show which account size or evaluation it is for. We could not see the full price list, so check prices on the firm's site. The homepage also has a field for a coupon code.
The homepage also mentions prediction markets on Polymarket as a separate account type with separate challenges. In our saved copy, this was marked "Soon".
The profit target applies only to the evaluation; funded accounts have no profit target. The rules page says an open position in profit counts toward the target. There is no time limit on either step of the 2-Step, and no minimum number of trading days. The rules page says: "You can pass in one trade."
The daily loss limit is recalculated every day at 00:00 UTC from your balance: 3% below it on 1-Step accounts and 5% below it on the 2-Step. The rules page gives the formula as "Daily Loss % × Start-of-day Balance".
On 1-Step accounts the maximum drawdown is a fixed percentage below the starting balance. The rules page says it is set at account creation and never changes, however high the account grows: 6% on Classic, 3% on Turbo and 5% on Pro.
On the Classic 2-Step the limit trails the high-water mark by 8% of the starting balance. The trailing stops once the limit reaches the starting balance, and the limit returns to its starting level after a payout.
If equity hits or drops below either limit, open positions are closed and the account is forfeited. The rules page says "Even a momentary touch triggers a breach." The homepage says that when an account closes it "is permanently disabled, with no resets and no appeals". It also says you are never liable for losses beyond the fee you have already paid.
The homepage says: "There is no consistency rule on any Propr account." The rules page says there is "No cap on single-day profit as a percentage of total." However, the funded terms let Propr "Introduce any other consistency measures deemed necessary to reflect long-term sustainability."
The rules page says leverage is applied automatically and cannot be changed by the trader, and that traders may use any leverage up to the limit. It sets these caps:
| Asset class | Leverage cap |
|---|---|
| BTC, ETH, SOL | 10x |
| Other crypto | 2x |
| Equities | 4x |
| SP500, XYZ100 | 10x |
| Other indices | 5x |
| Gold, silver, CL, Brent | 8x |
| Other commodities | 5x |
| FX | 25x |
The homepage gives different figures: "Up to 10x on equity and index perps, 8x on commodities, and 5x on major crypto." We used the rules page because it is more detailed. The funded terms also allow Propr to reduce the leverage offered on your accounts.
The rules page permits trading during any market event and holding positions over weekends. It says "Crypto markets are 24/7." It also says "Scalping, swing trading, grid trading, etc. are all permitted" and "Automated trading is permitted." The funded terms permit automated trading software and AI-driven bots "provided that such tools do not interfere"; our saved copy ends the sentence there. Propr may also restrict or disable automated data ingestion for any account.
The rules page and the funded terms list practices that are not allowed:
The funded terms say genuine strategies are those "using risk parameters a reasonable person would apply".
Funded traders receive 80% of the profits on their funded account; Propr keeps 20%. The rules page gives the formula as "(Current Balance - Starting Balance) × 0.80". The homepage says the same split applies across all account sizes and challenge types.
Payouts are on demand, with no minimum waiting period, and are paid in USDC on-chain. The rules page sets a minimum payout of $20, as does the homepage. Another statement on the rules page gives a $50 minimum; we used $20, which the homepage also gives. The pages give different payout times: the homepage says payouts are "settled onchain in USDC within minutes", while the rules page says they are "Processed within 24 hours".
Conditions on the rules page:
The funded terms describe any payout as "a performance-based reward for signal evaluation, not an investment return or capital gain". The homepage says every payout is published at propr.xyz/transparency with its transaction hash. We could not load that page.
The rules page says there are no monthly, inactivity, data, platform or withdrawal fees.
On funded capital, the homepage says you can hold up to $300,000 at once, across multiple accounts. On scaling, the pages disagree. The homepage says "No scaling tiers, no conditions, no reductions." The rules page says a "Scaling program available for funded traders". Our saved copy gives no details of such a programme.
Propr is built on Hyperliquid. The rules page says all perpetual futures contracts available on Hyperliquid are eligible on Propr accounts. It describes "140+ tradable assets: crypto, equity perps, and commodity perps on Hyperliquid". The funded terms say all services are accessed through the Terminal, and the general terms say the platform works in the most commonly used web browsers.
The homepage says every trade runs on a simulated account and is submitted as a trading signal, and that "A-booked signals execute on Hyperliquid". The FAQ says that where Propr copies a signal into live markets, the resulting position belongs entirely to Propr. The homepage says Propr hedges on-chain and that its wallet addresses are public.
The rules page also lists a leverage cap for FX, but its list of tradable assets names only crypto, equity and commodity perpetuals.
Propr's pages say its services are provided by Propr Limited (Reg. No. 2211330), registered at Trinity Chambers, PO Box 4301, Road Town, Tortola, British Virgin Islands. They say Propr Limited is not a broker, does not accept deposits, and "is not authorized or regulated by the BVI Financial Services Commission or any other financial authority". The FAQ adds: "You will not receive regulatory protections associated with licensed financial services."
The firm says all accounts, including funded accounts, are 100% simulated, and that no real financial instruments are traded by you. The funded terms say those accounts are "strictly for Paper Trading". Services may be used only in a personal capacity. The funded terms say "Payment settlement is subject to Paysagi's Terms of Use". The firm's pages also state: "Most participants do not pass evaluations."
The funded terms' list of restricted jurisdictions includes Bangladesh, Belarus, Burkina Faso, Central African Republic, Congo, Cuba, Donetsk, Ethiopia, Haiti, Iran, Iraq, Kazakhstan, Kyrgyzstan, Lebanon, Libya, Luhansk, Mali, Myanmar, Nigeria, North Korea, Pakistan, Russia, Somalia, South Sudan, Sudan, Syria, Tajikistan, Turkmenistan, Uzbekistan, Venezuela, Yemen, Zimbabwe, and any jurisdiction subject to OFAC sanctions. Our saved copy may not show the full list.
Propr is built for traders of perpetual futures on Hyperliquid: crypto, equity and commodity perpetuals. Payouts come in USDC on-chain, so you need to be comfortable with that. The lack of a time limit or minimum trading days, and the permission for news trading, weekend holding and automated trading, may suit traders who want flexibility. The strict breach rule, non-refundable fees and the firm's own statement that it is unregulated are points to weigh before buying.
MyPropGenius Rating:
The rating measures how openly Propr discloses its rules, pricing, payouts and ownership (our Transparency Index methodology). It does not measure how likely you are to pass or be paid.
Check the current rules and prices on the firm's own website before you buy.
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Propr runs 1-Step and 2-Step evaluations on Hyperliquid perpetuals with no time limit, a flat 80% split and on-demand USDC payouts. A momentary touch of a loss limit ends an account, fees are non-refundable, and the firm says it is unregulated and all accounts are simulated. Its pages disagree on leverage and scaling and give different payout times, so check the current rules before buying.
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Find My MatchOur saved copy of the homepage shows a one-time price of $275 but not which account it buys. We could not see the full price list, so check the firm's site.
80% of profits on a funded account, with Propr keeping 20%. The homepage says the same split applies across all account sizes and challenge types.
No. The rules page says there is no time limit and no minimum number of trading days, and that you can pass in one trade.
On demand in USDC on-chain, with a $20 minimum on the rules page. All positions must be closed first and the full profit is swept.
No. Its pages say Propr Limited is not authorised or regulated by the BVI Financial Services Commission or any other financial authority.
The rules page permits automated trading, trading during any market event and weekend holding. Latency arbitrage and hedging across accounts are not allowed.