Every rule below comes from Propr's official rulebook (v1.0.5), linked by section and dated. Propr changed its daily-loss rule three times in 2026, so the version matters.
Last checked against propr.xyz/rules: 12 October 2026“The daily loss limit is 3% of your equity at midnight.”
Since 27 July 2026 (v1.0.5): the limit is 3% (1-Step) or 5% (2-Step) of your start-of-day balance — realized P&L only. The breach is checked on equity, open P&L included, with no grace period.
So if you hold a position through 00:00 UTC, the snapshot ignores its floating P&L. A position that is +$2,000 open at midnight gives you no extra room; a position that is −$2,000 open at midnight already eats into the new day's room. Propr's own example:
Source: Rulebook §06 Maximum Daily Loss, changelog v1.0.2 → v1.0.4 → v1.0.5.
| This page | Risk Desk ($39) | |
|---|---|---|
| Firms | Propr only | HyroTrader, Propr, Velotrade, Kraken + custom rules |
| Position size | You enter it, we check it | Calculated from your risk %, fees included |
| Largest size that still fits | — | Yes |
| Positions already open | Not counted | Worst case with every open stop hit |
| Your own stop line before the firm's floor | — | Set your buffer, e.g. stop at 75% of the limit |
| Reset countdown, saved inputs | — | Yes |
| Works offline, on your phone | Needs this page | One file, no internet needed |
| Rule updates | — | New version emailed when a firm changes its rules |
| Rule | What it means in practice | Status | Source |
|---|---|---|---|
| Daily loss size | 3% (all 1-Step types) or 5% (2-Step) of the balance snapshot at 00:00 UTC. Shrinks when you lose, grows when you bank profit. | Official | §06 |
| Daily breach check | On equity, floating P&L and fees included. A momentary touch of the floor ends the account. | Official | §06, §08 |
| Reset time | 00:00 UTC, stated explicitly. | Official | §06 |
| Max drawdown, 1-Step | Static floor below the starting balance: Classic 6%, Turbo 3%, Pro 5%. Never moves, however high the account grows. | Official | §07 |
| Max drawdown, 2-Step | Trailing: HWM minus 8% of the starting balance. HWM includes floating peaks. The floor stops rising once it reaches the starting balance; a payout resets HWM to the starting balance. | Official | §07 |
| Profit target | Equity-based: an open position in profit counts. No time limit, no minimum days, can pass in one trade. | Official | §09 |
| Leverage caps | BTC/ETH/SOL 10x, other crypto 2x, applied automatically. The rulebook's infographic shows “BTC & ETH 5x” while its tables say 10x. | Page contradicts itself | §12 |
| Stop-loss | Not required. No risk-per-trade rule, no consistency rule, no anti-gambling rule. | Official | §14 |
| Bots and copy trading | Automated trading permitted. Copy trading between your own Propr accounts permitted; opposite hedging across accounts or against an external exchange is prohibited. | Official | §14, §15 |
| Hedging scope (§15 item 5) | Propr's Discord support bot says item 5 covers only the same instrument and intentional hedging — not merely correlated coins. Not confirmed by Propr staff; other firms (Velotrade, Kraken/Breakout) ban correlated hedges too. | Unofficial answer | Discord support bot, Oct 2026 |
| Account cycling | Buying evaluations repeatedly to take max-risk binary bets is listed as prohibited “farming”. How this is judged is not defined. | Vague | §15 |
| Payouts | 80% split, on demand, minimum $20, USDC within 24h, full sweep only, all positions closed first. Balance and drawdown limits reset after each payout. | Official | §11 |
| Execution | Hybrid A-book / B-book at Propr's discretion; every trade is labeled. On B-booked trades Propr's profit is the inverse of yours — stated openly. | Official | §19 |
| Aggregate limit | Up to $300,000 funded balance across all your accounts. | Official | §17 |
The snapshot is balance, not equity. A losing open position at 00:00 UTC starts the new day already inside the limit; a winning one adds nothing until you close it.
After a payout your balance returns to the starting figure, so tomorrow's daily limit is the smallest it can be and the 2-Step floor drops back to −8%.
A brief spike to +$5,000 on an open trade lifts the HWM permanently. Give it back and your floor is $5,000 closer than it was this morning.
12 Oct 2026 — First check against rulebook v1.0.5. Confirmed daily loss from start-of-day balance (changed 27 Jul 2026), equity-based breach, static vs trailing drawdown, HWM cap at starting balance, $20 minimum payout (was $50 at launch). Found an internal contradiction on BTC/ETH leverage (10x in tables, 5x in the infographic) — question sent to Propr.
Propr's own history, from §24: 25 Feb 2026 launch · 23 Apr daily loss fixed to starting balance (v1.0.2) · 29 Jun Turbo added, aggregate cap $300K (v1.0.3) · 21 Jul daily loss anchored to the greater of starting and day-start balance (v1.0.4) · 27 Jul daily loss from start-of-day balance (v1.0.5).