Everything you need to know about BareProp
BareProp is a modern proprietary trading firm that provides capital to skilled traders. We fund traders who pass our evaluation challenges, allowing them to trade with our capital and keep up to 90% of the profits they generate.
Proprietary trading (prop trading) allows you to trade with a firm's capital instead of your own. You pass an evaluation challenge to prove your skills, then receive a funded account. You keep a large percentage of the profits (80-90%) while the firm takes a smaller share.
Yes! BareProp Limited is a registered company in BVI. We have paid out over $5M to traders and maintain transparent rules and processes. All our challenges are conducted on real trading platforms (MT4/MT5).
Two-Phase: Complete two evaluation phases (10% then 5% profit targets) to get funded. Higher profit split (80-90%).
Instant Funding: Get funded immediately with no evaluation. Lower profit split (50%) and stricter drawdown rules (6%).
There's no time limit! You have up to 120 days to complete each phase, but you can finish in as little as 5 trading days (Phase 1) or 3 trading days (Phase 2). Trade at your own pace.
Yes! We allow Expert Advisors, algorithmic trading, and automated strategies. Trade however you're most comfortable and profitable.
For Two-Phase challenges: After 14 trading days on your funded account.
For Instant Funding: After 10 trading days.
After your first payout, you can request payouts bi-weekly.
All payout requests are processed within 24 hours. We support multiple payment methods including bank transfer, crypto, and e-wallets.
We accept:
You can trade:
Yes! News trading is fully allowed. There are no restrictions on trading during high-impact news events.
If you breach the daily loss limit (2%), your account is disabled for the day and reactivates the next trading day. If you breach the maximum drawdown (10% for Two-Phase, 6% for Instant), the challenge ends and you'll need to purchase a new one.
Yes! You can purchase multiple challenges and manage multiple funded accounts simultaneously. Many traders scale up by running multiple accounts.
Yes! For Two-Phase accounts, scaling is available after 2 successful payouts. For Instant Funding, your account increases by 2% after each 10% profit milestone (with no violations).
Yes, KYC (Know Your Customer) verification is required before your first payout. You'll need to provide a government-issued ID and proof of address. This is a one-time process.