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CryptoUnited Arab Emirates

PropW

Explore available platforms, evaluation programs and payout rules.

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Score
4.4/10
Safety grade
D
Founded
Jan 2024
Direct funding
Not available
Read full company overview
PropW is a crypto-only proprietary trading firm operated by PROPW INNOVATIONS DMCC and backed by CoinW Group. It runs a two-phase simulated skill assessment across two modes, Standard Mode and Pro Mode, each with five levels (Initial, Intermediate, Advanced, Expert, Master). Passing both phases grants a simulated training account of up to 200,000 USDT, on which traders keep 80% of what the firm calls scholarship rewards, rising to 90% under special incentive programs. Rewards are requestable every 7 days and paid in USDT. Trading is 24/7 on crypto pairs with up to 5x leverage, overnight holds permitted, charts by TradingView, and web plus mobile access. A separate HourTrader product offers 1 to 8 hour challenges on a fixed $10,000 simulated balance for an audition fee of $5 to $500. Payments are accepted in USDT, by Visa and Mastercard, and via LinePay and PromptPay.
Profit split80% (up to 90% under special incentive programs)
PayoutsEvery 7 days

Platforms

Trading platforms supported by PropW.

Trading View

Trading platform supported by this firm.

Programs & evaluation

Choose from a range of evaluation programs with flexible profit splits and trading conditions.

Profit split
80% (up to 90% under special incentive programs)
Programs & evaluation
Multiple programs (see official website)

Standard Mode Advanced $10K

Account size
$10K
Profit target
5%

Pro Mode Initial $10K

Account size
$10K
Profit target
10%
View all 10 programs

Standard Mode Intermediate $5K

Account size
$5K
Profit target
5%

Pro Mode Intermediate $25K

Account size
$25K
Profit target
10%

Standard Mode Expert $50K

Account size
$50K
Profit target
5%

Pro Mode Advanced $50K

Account size
$50K
Profit target
10%

Standard Mode Master $100K

Account size
$100K
Profit target
5%

Pro Mode Expert $100K

Account size
$100K
Profit target
10%

Pro Mode Master $200K

Account size
$200K
Profit target
10%

Standard Mode Initial $1K

Account size
$1K
Profit target
5%

Payouts & rules

Get paid every 7 days with a variety of methods and clear rules.

Payouts & payments
Multiple options (see official website)
Payouts & payments
Multiple options (see official website)
Payouts
Every 7 days
Payout frequency note
The homepage FAQ (Q14) states scholarship rewards can be requested every 7 days, paid in USDT. The firm's own withdrawal-config endpoint returns profitWithdrawDays=14 without labelling what the integer measures; recorded as an unresolved conflict rather than published as a competing frequency.
Payout rules
Notes
Per-withdrawal limits come from the firm's own profit-withdrawal config endpoint: minimum 100 and maximum 2500. The refund in section 8.3 of the user agreement is NOT cash: a trader who clears both assessment phases and reaches the first profit-sharing date is eligible for a full refund of the challenge fee that can only be used toward enrolling in a new challenge. That section names the $99 Standard Mode package as its worked example. Rewards are paid in USDT.
Proof Note
Identity verification (KYC) is required and is performed by CoinW on PropW's behalf under section 3 of the user agreement.
Profit split
80% (90% under special incentive programs)
Max Withdrawal
2500
Min Withdrawal
100
Proof Required
Yes
Payouts
Every 7 days
Payout Schedule Note
Homepage FAQ Q14: a withdrawal of scholarship rewards can be requested every 7 days and is paid in USDT.
Profit Split Scaling
Scholarship share may increase to 90:10 under special incentive programs
Fee Refunded On First Payout
Yes
Trading rules
Notes
The assessment is two-phase. Each level carries its own performance target, daily loss limit and maximum drawdown limit; breaching the drawdown disqualifies the account and breaching the daily loss closes all positions. Targets must be reached with no open positions. Up to 5 assessment accounts may run at once but only 1 funded (training) account may be active, with extras queued as Pending Activation. The firm does not publish whether its drawdown is trailing or static; TrustPilot reviewers refer to a trailing drawdown but that is user testimony, not a firm statement.
Holding Note
The homepage advertises 24/7 uninterrupted trading and explicitly permits holding positions overnight; crypto markets do not close at the weekend.
Max Leverage
Up to 5x on all assets
Daily Loss Reset
Both the trading day and the daily loss reset at 00:00 (UTC+8) daily
Allowed Instruments
Crypto pairs only, updated periodically by the firm
Prohibited Strategies
User agreement 5.3: exploiting system errors such as mispriced assets caused by display bugs or latency; trading based on external or third-party data feeds; using software, artificial intelligence or external platforms that process large volumes of data inputs to gain an unfair advantage. Account sharing is prohibited (5.3.2).
Weekend Holding Allowed
Allowed
Overnight Holding Allowed
Allowed

What stands out

Published advantages and trade-offs to review before choosing a program.

Key benefits

Crypto-only prop firm backed by CoinW Group, with simulated funded accounts up to 200,000 USDT and scholarship (profit) share of 80% rising to 90% under special incentive programs. 24/7 uninterrupted trading, overnight position holding and up to 5x leverage on all assets. Two entry ladders: Standard Mode from a $15 audition fee on a $1K account, and Pro Mode up to a $200K account. Withdrawals requestable every 7 days in USDT. Up to 5 assessment accounts can run at once. A separate HourTrader product runs 1 to 8 hour challenges on a fixed $10,000 simulated balance for a $5 to $500 audition fee.

Things to consider

TrustPilot has removed the firm's star rating entirely for a breach of its guidelines and states it removed a number of fake reviews, so no independent rating is available. The TrustPilot profile is filed under Educational Institution, and the user agreement states the platform does not offer regulated financial services in any jurisdiction and frames payouts as educational scholarship rewards the platform may adjust, suspend or terminate at its discretion. Multiple TrustPilot reviewers report failed withdrawals and disputed rule breaches. The audition fee is non-refundable in cash: the advertised refund is a credit toward a new challenge only. Minimum trading days and assessment time limits are stated inconsistently between the FAQ and the firm's own rules endpoint.

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