TradeXProp Prop Firm Review – What You Need to Know in 2025
Founded in March 2023, TradeXProp is a proprietary trading firm based in Kuching, Malaysia, operated by Forest Park FX LTD and led by CEO Dixon Teo. It offers funded accounts from $5,000 to $400,000, scalable to $800,000, with profit splits up to 90%. Traders can access forex, indices, commodities, and cryptocurrencies on platforms like cTrader, DXtrade, MatchTrader, MetaTrader 4 (MT4), and MetaTrader 5 (MT5), partnered with a tier-1 liquidity provider. With over $1.2 million paid out to 2,000+ traders and a 4.7/5 Trustpilot rating from 83 reviews, TradeXProp emphasizes flexible evaluations and competitive pricing. However, its unregulated status and limited reviews won’t suit all.
TradeXProp Best suited for:
- Beginners: Affordable challenges starting at $35 for crypto and $45 for forex, with promotions like 30% off.
- Experienced Traders: Instant funding up to $100,000 and high 90% splits for skilled traders.
- Algo & Scalping Traders: Supports Expert Advisors (EAs) and weekend trading without extra fees.
Pros & Cons of TradeXProp
Pros
High Profit Splits: Up to 90% (80% default), with 100% payout guarantee claimed.- Flexible Funding Models: One-step, two-step, and instant funding (Instant Funded X) with no time limits.
- Competitive Fees: Challenges start at $35-$45, with frequent discounts (e.g., 20% off with code FORWARD20 until April 29, 2025).
- Diverse Platforms: cTrader, DXtrade, MatchTrader, MT4, MT5 with 54 instruments across 5 asset classes.
- Fast Payouts: Processed in 1-3 days via Rise, BTC, ETH, or USDC, with a 30-day withdrawal cycle.
- Promotions: Offers like 8% max drawdown upgrades (code IFX8) and free 90% split add-ons.
Cons
Payout timelines may vary based on verification speed:- Evaluation rules may vary slightly between accounts:
How Does TradeXProp Work? (Step-by-Step Guide)
- Select Account & Challenge: Choose Forex X, Crypto X (one-step or two-step), or Instant Funded X ($5,000-$400,000).
- Pass Evaluation: Meet 6%-9% profit targets (one-step: 9%
- two-step: 9% + 6%) with no minimum trading days.
- Get Funded: Complete KYC (ID, proof of residence) and trade a funded demo account via a tier-1 provider.
- Earn Profits: Receive 80%-90% profit splits, paid every 30 days after a 14-day initial period.
TradeXProp Account Types & Funding Options
- Account Sizes: $5,000, $10,000, $25,000, $50,000, $100,000, $200,000, $400,000 (Forex)
- up to $200,000 (Crypto):
- $100,000 (Instant Funded X):
- scalable to $800,000. Funding Models: Forex X (One-Step): 9% profit target, 5% daily/8% max drawdown, $45-$3,755 fee. Forex X (Two-Step): 9% + 6% profit targets, 5% daily/8% max drawdown, $35-$2,455 fee. Crypto X (One-Step): 9% profit target, 3% daily/8% max drawdown, $35-$1,855 fee. Crypto X (Two-Step): 9% + 6% profit targets, 3% daily/8% max drawdown, $25-$1,255 fee. Instant Funded X: No evaluation, 3% daily/6% max drawdown, $100-$1,000 fee. Profit Splits: 80% default, up to 90% with add-on
- 10%-20% challenge profit share. Fees: $25-$3,755, non-refunded.
Profit Targets & Payouts
- Profit Targets: 6%-9% per phase (none for Instant Funded X)
- no consistency rules post-evaluation.
- Payouts: Via Rise, BTC, ETH, or USDC, processed in 1-3 days, every 30 days, minimum $100 or 1% of starting balance.
- Drawdown Limits: 3%-5% daily, 8% max (static), equity-based.
- Comparison: TradeXProp’s 3%-5% daily drawdown is more flexible than FunderPro (5%), but its 30-day payout cycle is less frequent than SFX Funded’s 10-day schedule.
Leverage & Trading Conditions
- Leverage: Up to 1:50 (forex, metals), 1:10 (indices), 1:5 (oil), 1:2 (crypto).
- Commissions: 0.05% for Crypto X
- forex commissions align with broker defaults (not disclosed).
Allowed & Restricted Trading Strategies
Allowed Trading Strategies
- Scalping
- swing trading, hedging
- Expert Advisors (EAs)
- weekend trading (no extra fees).
Restricted Trading Strategies
- High-frequency trading (HFT)
- arbitrage
- latency trading
- cross-account copy trading
- exploiting platform errors
- malicious trading (e.g.
- latency arbitrage).
How Long Does It Take to Get Funded by TradeXProp?
- Challenge Duration: Unlimited, with no minimum trading days.
- Evaluation Speed: One-step can take days
- two-step may take 1-2 weeks.
- User Experiences: Fast funding (24-48 hours post-KYC), with smooth transitions to DXtrade
- some report breaches for daily loss limits.
How Long Has TradeXProp Been Around?
Operating since March 2023, TradeXProp has paid out over $1.2 million to 2,000+ traders. Its 4.7/5 Trustpilot rating (83 reviews, 95% 4-5 stars) and tier-1 provider partnership build trust, but its short history and limited reviews compared to FTMO (2014) or The 5%ers (2016) suggest caution. Negative reviews (5% one-star) cite payout denials and Discord bans.
Who Owns TradeXProp? (Founder & Company Background)
Founder: Dixon Teo, CEO. Headquarters: Kuching, Malaysia (Forest Park FX LTD). Mission & Vision: Empower traders with flexible, transparent funding programs and innovative tools. Regulatory Status: Unregulated, partners with tier-1 liquidity providers for execution.
What Can You Trade with TradeXProp? (Supported Markets & Assets)
Markets: Forex (major, minor, exotic pairs), indices (S&P 500, NASDAQ, US30), commodities (oil), metals, cryptocurrencies (BTC, ETH). Assets: 54 instruments across 5 classes, availability varies by platform (cTrader, DXtrade, MT4/MT5). Restrictions: No HFT, arbitrage, or latency trading, no news trading specifics mentioned.
Does TradeXProp Offer Education & Trader Support? (Learning Resources & Coaching)
Limited, focuses on trading rules and basic resources, no formal academy or webinars. Trader Development: Dashboard with real-time analytics for risk management. Coaching Programs: None, relies on community and support. Community & Networking: Active Discord, though some report bans for guideline violations, X presence (@TradeXProp) promotes offers like PFC’s exclusive discount codes.
How Good is TradeXProp’s Customer Support? (Response Time & Availability)
Support Channels: Email, Discord, no phone or live chat. Response Times: Typically hours, praised for quick fixes (e.g., wrong evaluation resolved in an hour, per Trustpilot), delays reported in payout disputes. Operating Hours: 24/5 via email/Discord. Trader Feedback: Positive for responsiveness, negative for Discord bans and payout issues.
Is TradeXProp a Scam or a Legit Prop Firm?
TradeXProp is legitimate, verified by Malaysian registration (Forest Park FX LTD), a 4.7/5 Trustpilot rating from 83 reviews (95% 4-5 stars), and over $1.2 million in payouts to 2,000+ traders. Its tier-1 provider partnership, 100% payout guarantee claim, and promotions add credibility. Traders praise fast payouts (e.g., SG’s “immediate” payout) and flexible rules like weekend trading (@TradeXProp). However, concerns include its unregulated status, payout denials for “daily loss limit breaches” or “malicious trading”, and Discord bans for guideline violations. Limited reviews and a short history since 2023 raise caution compared to FTMO’s established track record.
Alternatives to TradeXProp – How It Compares
- FTMO: Higher trust score (4.9/5), 90% split, two-step evaluation, regulated brokers, broader asset range, more reviews. FundedNext: 95% split, MT4/MT5/cTrader, scaling to $4 million, on-demand payouts, fewer consistency rules. SFX Funded: Up to 100% split, instant funding, faster 10-day payouts, but stricter 3% drawdown.
Final Verdict – Should You Trade with TradeXProp?
TradeXProp is appealing for traders seeking affordable challenges ($35+), high profit splits (up to 90%), and diverse platforms (cTrader, DXtrade, MT4/MT5), with instant funding up to $100,000 and scaling to $800,000. Its no-time-limit evaluations, weekend trading, and frequent promotions make it accessible, while a 100% payout guarantee claim adds appeal. With a score of 65/100, it’s competitive for forex and crypto traders. However, its unregulated status, limited 83 Trustpilot reviews, payout denials (e.g., for “malicious trading” or loss limit breaches), and Discord bans raise red flags compared to FTMO or FundedNext. The short history since 2023 and lack of a scaling plan further limit its appeal. Traders should test smaller accounts and monitor X feedback ( @TradeXProp ) before joining in 2025, balancing its flexibility and promotions against potential risks.
