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Propify Review
Propify is a Dubai based prop firm offering simulated MT5 challenges up to 400,000 dollars. It is not a regulated broker or financial firm.
Min Deposit
$599.99
Spreads From
Not published
Max Leverage
Not published
Platforms
MetaTrader 5
Pros
- Funded accounts can scale up to 400,000 dollars for strong performers
- Profit split is a flat 80 percent for the trader on every payout
- Minimum withdrawal is just 50 dollars, low next to many rivals
- Several Trustpilot reviewers report same day payout approval
- Both the One Phase and Two Phase challenges carry no time limit
Cons
- Propify LTD publishes no independent company registration number
- Holding a position over the weekend causes instant account closure
- Our research saw its own paid out counter jump within minutes on two visits
- It is not a regulated broker, so every account trades simulated funds
- News trading is blocked for 10 minutes around high impact releases
Propify LTD runs propifyfunded.com from Dubai, United Arab Emirates. It offers a One Phase or Two Phase MT5 challenge, with funded accounts scaling from 10,000 up to 400,000 dollars for traders who keep passing reviews.
Rules are strict for a firm this size. Weekend holding is a hard breach that closes the account at once, news trading is blocked for 10 minutes around big releases, and no single day may hold more than 35 percent of total profit. Passing traders keep an 80 percent split, paid every two weeks.
Propify does not publish an independent company registration number, so its legal status is harder to check than at larger rivals. During our research, the homepage counter for total money paid out changed within minutes across two visits, which is worth keeping in mind.
Min. Deposit
USD 599.99
Max Leverage
Not published
Spreads From
Not published
Platforms
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
