Overview
Prop Firm Capital is a Singapore-based proprietary trading firm operated by PROP FIRM CAPITAL PTE. LTD (UEN 202406626Z), with its registered address at 61 Ubi Road 1, #02‑09, Oxley Bizhub, Singapore. The firm provides simulated trading challenges through structured evaluation programs that allow traders to demonstrate their skills. Upon successfully meeting the requirements of these challenges, traders may be offered funded accounts and a share of profits generated.
The business model is built around simulated capital trading, where traders pay a one-time entry fee to access a trading challenge. After completing the program under specific trading rules, traders are eligible to receive a simulated funded account and a profit split of up to 90%.
Trading Programs
Prop Firm Capital offers three main types of challenges:
One‑Step Challenge
The One‑Step Challenge is designed for traders to meet specific profit targets in a single phase. Traders are required to maintain risk control by staying within total and daily drawdown limits. Once the profit target is achieved and all rules are followed, traders can progress directly to receiving a funded account.
Two‑Step Challenge
In the Two‑Step Challenge, traders must pass two separate phases—an evaluation phase and a verification phase. Each phase has its own profit target and risk constraints. The first phase is typically more demanding in terms of profit requirement, while the second focuses on consistency. Upon successful completion of both phases, traders receive a funded account and a refund of the initial challenge fee.
Lightning Challenge
The Lightning Challenge is tailored for advanced traders seeking high capital access within a short timeframe. It involves trading a simulated account with a profit target of 3% within 5 calendar days. The drawdown limits are tighter, including a 3% total and a 2% daily maximum drawdown. This challenge allows strategies such as high-frequency trading (HFT) and the use of expert advisors (EAs), providing greater flexibility for skilled traders.
Account Sizes and Pricing
Prop Firm Capital offers various account sizes based on the type of challenge selected. Typical funding levels include:
- 5,000 USD
- 10,000 USD
- 25,000 USD
- 50,000 USD
- 100,000 USD
- 200,000 USD
- Up to 500,000 USD for the Lightning Challenge
Fees vary depending on account size and challenge type. These are one-time payments required to access the challenges. For example, a 5K challenge might cost under 100 USD, while a 500K Lightning Challenge could cost nearly 2,000 USD. In the Two‑Step program, fees are refundable upon successful completion of both phases.
Trading Conditions
Prop Firm Capital allows trading across a wide range of instruments, with the following typical trading conditions:
- Forex: Leverage up to 1:100
- Commodities: Leverage up to 1:30
- Indices: Leverage up to 1:20
- Cryptocurrencies: Leverage up to 1:10
The firm supports MetaTrader 4 (MT4), MetaTrader 5 (MT5), and a proprietary web-based platform. Spreads and execution depend on the simulation environment provided through their partner liquidity provider.
Allowed Strategies
Traders may use a wide range of trading strategies, including:
- Expert Advisors (EAs)
- Scalping
- Swing trading
- Martingale and grid strategies
- High-Frequency Trading (HFT) in Lightning Challenge
However, traders must ensure they follow risk management rules and avoid practices like arbitrage or exploiting platform latency, which may lead to disqualification.
Profit Split and Payouts
Traders who pass the challenges and receive funded accounts are entitled to a 90% share of any profits generated through trading. The remaining 10% is retained by Prop Firm Capital. The firm states that all trading is performed in a simulated environment, but payouts are made from real funds based on simulated trading performance.
Withdrawals can be requested once certain criteria are met, including minimum profit thresholds and compliance with rules. Some payouts may be subject to a 1% processing fee. Payout schedules and methods depend on account activity and internal processing timelines.
Refund Policy
For the Two‑Step Challenge, the initial fee paid by the trader is refundable upon successfully completing both the evaluation and verification phases. For One‑Step and Lightning Challenges, no refund of the initial fee is offered regardless of performance outcomes.
Refunds are typically processed to the original payment method, and eligibility requires full compliance with all challenge rules without any violations or disqualifications.
Company Structure and Operations
Prop Firm Capital is operated by PROP FIRM CAPITAL PTE. LTD, incorporated in Singapore. The firm is a relatively new entrant into the proprietary trading space and focuses on leveraging a simulation-based model to assess traders before offering them access to funded accounts. It uses secure SSL encryption and hosts its web services on established infrastructure.
The trading platform simulation is powered by a third-party provider, ensuring real-time price feeds, order execution, and trading conditions similar to live environments. However, actual capital is not placed into live markets; instead, traders are evaluated in a simulated framework.
Reported Concerns and Risks
Several issues have been noted regarding Prop Firm Capital’s operational reliability and trader experience:
- The firm is newly established, with limited historical data on performance and customer experience.
- Some reports have indicated inconsistencies in the enforcement of trading rules and challenges related to withdrawals.
- Mixed feedback exists regarding transparency and customer support responsiveness.
- Discrepancies between advertised features and internal policy enforcement have been observed in certain trading scenarios.
These factors introduce risk for traders, especially those committing to high-value challenges.
Summary of Key Features
| Feature | Details |
|---|---|
| Headquarters | Singapore |
| Company Name | PROP FIRM CAPITAL PTE. LTD |
| Trading Platforms | MetaTrader 4, MetaTrader 5, proprietary web platform |
| Account Sizes | 5K to 500K USD |
| Leverage | Up to 1:100 (varies by asset) |
| Profit Split | 90% to trader, 10% to firm |
| Strategy Flexibility | EAs, scalping, HFT, martingale allowed (with rules) |
| Refund Policy | Only in Two‑Step Challenge upon full completion |
| Trading Mode | Simulated (no real capital in markets) |
| Profit Payouts | Real payouts based on simulated profits |
| Challenge Types | One‑Step, Two‑Step, Lightning |
| Supported Instruments | Forex, indices, commodities, crypto |
Final Remarks
Prop Firm Capital is a new proprietary trading firm offering a flexible range of funded account challenges for traders interested in simulated trading with real payout potential. While the structure and profit-sharing are competitive, the firm’s limited operational history and mixed feedback signal that traders should exercise caution.
The opportunity to access high capital and retain a significant share of profits makes the platform appealing, but traders should understand the simulation-based nature of the challenges and ensure they comply fully with the stated rules. Due diligence and prudent risk management are essential before committing funds to any trading program, particularly one with limited time in operation.
