Coverage Criteria

PropCover is an optional add-on that protects your investment in the challenge in case you fail — after passing and becoming a funded trader.

PropCover is an optional add-on that protects your investment in the challenge in case you fail — after passing and becoming a funded trader.

To be eligible for reimbursement under PropCover, the following criteria must be met:

Eligibility Requirements:

  1. You must purchase PropCover during the challenge registration process.

  2. You must complete both evaluation steps and reach the funded (simulated live) account.

  3. You must follow all platform rules, including:

    • No breach of daily loss limits

    • No use of disallowed strategies (e.g., martingale, HFT, copy trading)

  4. You must have not received any prior payout from the funded account.

  5. Your account must hit max drawdown to qualify for coverage (PropCover does not reimburse for voluntary or inactive account closures).

Account Types Covered:

  • Only two-step challenge accounts are eligible.

  • Applies to all sizes ($10K to $100K), but reimbursement is capped at the original challenge fee.

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