Menu
View your challenges, virtual funded accounts, stats and log in all on our very own Profitex Dashboard.
Experience super speed with our Profitex Dashboard available on desktop & mobile.
Experience lightning fast trade execution and reliability.
At Profitex we equip you with everything you need to support you in your trading journey from cutting edge technology to 24/7 support.
Our dedicated support team is here to help you with any trader query you may have.
View and track your trading progress on our state of the art trader dashboard.
Access your exclusive affiliate dashboard to track your referrals and earnings!
Become a Profitex trader and earn up to 80% of you trading gains.
We are proudly partnered with Eightcap and Eightcap challenge, a leading regulated broker offering 800+ trading instruments and industry leading spreads. Elevate your trading portfolio with hundreds of trading asset options.
Recognised as the Best CFD broker Australia 2022.
Getting started with our affiliate program is simple. Register today and start promoting Profitex to your audience!
As an affiliate gain access to a range of exclusive features and benefits.
Become a part of our team and start earning today!
Earn the highest commissions possible for funded account programs.
One of the biggest cookie retention periods in the prop space.
Monthly promotions, coupon codes, and more to help you achieve the best conversion results.
Deep dive into the metrics customised for your referrals to see your progress in real time.
Our drawdowns are calculated as a static value off the beginning capital deposited into your trading accounts and evaluations
Currently we run a 1 phase evaluation program and as such there are no ongoing fees.
We are partnered with Eightcap as our broker to offer industry leading spreads and commissions for traders. To understand their account offering that we use see here:
https://www.eightcap.com/en/trading/trading-conditions/spreads/
Once you become a live funded trader, you must trade with us for at least 30 days for your first payout, and after that we can payout bi-weekly.
The evaluation phase at Profitex Funding is unlimited
There are no profit targets required to be reached on the live funded account. However, the account must end in a positive balance at the end of the 30 day trading period to make a withdrawal.
Our current platform does not support the use of Expert Advisors (EAs) and ALGOS.
Also, the following strategies are strictly prohibited.
-Account Management
-High-frequency trading (manually or using a bot)
-Hedge arbitrage trading
-Tick scalping
-Grid Trading
-Martingale
-One-sided betting
-Latency arbitrage trading
-Reverse arbitrage trading
-Copying trades from other traders
If any of these strategies are detected in your live account, it will be considered a violation of the rules and Profitex will terminate your account.
The purpose of the evaluation is for us to make sure that you are a consistent trader without any capital risk. As our evaluation is set up to test your trading without risking capital, you cannot withdraw profits on this phase.
We classify our live traders as independent contractors. As such you invoice us for your earnings and must report this yourself to your relevant tax authority.
Yes, as we are on the lookout for individual traders and often make payouts to bank account for our live traders. As such accounts must be created in your own name.
Yes, traders are allowed to trade news. We would recommend to be careful and use proper risk management.
Yes, our program allows for weekend and overnight holding of trades.
To request a withdrawal, please go to your dashboard and select the Withdrawal/ Profit Share option to request a withdrawal.
Once you send your request, our payments team will verify if you meet the eligible criteria to make a withdrawal, if so they will process the payout either via Cryptocurrency or Bank Transfer.
Please notice that once you create a Funded account, you will be required to sign the Independent Contractor Agreement and fill out the Payment method form, where you will provide your preferred payment method to process your future requests.
At Profitex we equip you with everything you need to support you in your trading journey from cutting edge technology to 24/7 support.
Our dedicated support team is here to help you with any trader query you may have. Reach out via email and our team will get back yo you!
Join our active community of traders via discord and engage and learn with other Profitex traders.
Proprietary trading, also known as “Prop Trading,” enables traders to access company capital to trade with.
Traders will receive an email with their credentials. It will looks like this:
After this traders can login into their dashboard to see their performance
And into their trading platform to start their trading strategy
Our trading challenges serve as assessments to identify the most skilled and consistent traders or those showing significant future potential, with the aim of providing them with virtual funded accounts.
With Profitex benefit from an industry-leading profit split of 80%.
Traders can request payouts on-demand through the dashboard. This flexibility allows traders to withdraw their profits at their convenience. We also provide multiple methods for withdrawing profits, ensuring ease and accessibility for all our traders.
Profitex offers you a selection of account sizes to choose from.
The costs of the challenges vary, starting as low as $129 depending on the account size.
Profitex Funding offers one step challenges which has one phase to be passed to the simulated funded account.
Traders can choose from 15k accounts to 200k accounts depending on their risk profile and budget.
This is a critical rule and it’s set at 7% of traders initial account balance. The sum of all positions for the day must not hit or exceed this “Maximum Daily Drawdown”. If traders end the day with losses totalling more than this limit, it’s considered a rule violation.
The maximum daily drawdown is calculated using the equity which resets at the end of the 24 hour trading day.
The max drawdown is 10% of your initial account balance. This means your account equity cannot fall below 90% of the initial balance at any point.
It is important to note that the max drawdown limit does not reset like the daily drawdown limit.
Profit Target is the amount of profit you must achieve in a specific Phase of the Challenge.
The Profit Target is calculated as the profit you have earned on open and closed positions which means is equity based.
To successfully progress to the simulated Funded account, traders must reach 10% however there is not profit target on the simulated Funded account
Drop in your email to join our mailing list and stay updated with all things Profitex!
