Prop firms · Is it legit?
Is The Prop Trade legit?
The Prop Trade scores 3.9/5 on Trust and 3.4/5 on Payouts in the Tradoshi 2027 ranking, #197 of 276 with 61.5/100. No warning was found on the regulator lists checked.
Tradoshi 2027 ranking, data as of October 30, 2026. Methodology
Trustpilot warning ·
Breach of guidelines We’ve removed a number of fake reviews for this company.
What our checks show
High scores (4 or 5 out of 5)
- Regulator warnings
- Identity and contact
- Published processing time
- Payout frequency and first payout
- Payout history and incidents
- Rules restricting how you trade
- Secure website
Low scores (1 or 2 out of 5)
- Regulated execution partner
- Honest marketing
- Public payout proof
- Withdrawal terms and methods
- Trader rating (Trustpilot and Google)
- Number of reviews
- Protected domain (SPF, DMARC, headers)
A low score reflects what the scale recorded on that criterion, not a fault by the firm: each criterion name links to its scale. These checks describe what was published on the dates shown. They guarantee neither a future payout nor that the rules stay the same: check with the firm before buying.
The detail, criterion by criterion
Company and regulators
| Criterion | Score | What was recorded |
|---|---|---|
| Regulator warnings | 5/5 | Not on the lists of the AMF, I-SCAN (IOSCO), ASIC, FINMA, CNMV or the CFTC RED List (source) Read on October 28, 2026 |
| Registered company and age | not applicable | The Prop Trade Ltd Read on October 29, 2026 |
| Identity and contact | 5/5 | thePropTrade.com is a domain utilized by The Prop Trade Ltd, incorporated under registration number 2025-00866 in Saint Lucia under the Companies Act Cap 13.01 of the Revised Laws of Saint Lucia, with its registered office at Ground Floor Rodney Court Building Rodney Bay Gros Islet Saint Lucia. (source) Read on October 28, 2026 |
| Regulated execution partner | 2/5 | Whether you prefer an Instant Funding or want to start small with our PayFlex program, we have options for you on our own licensed MT5, cTrader or TradeLocker. (source) Read on October 28, 2026 |
| Honest marketing | 2/5 | Become thePropTrader, receive your funded account and start earning payouts. (source) Read on October 28, 2026 |
Payouts
| Criterion | Score | What was recorded |
|---|---|---|
| Public payout proof | 1/5 | – Read on October 28, 2026 |
| Published processing time | 4/5 | All reward requests are processed within 3 business days from the time the request is submitted. (source) Read on October 28, 2026 |
| Payout frequency and first payout | 5/5 | For Instant Funding accounts, rewards can be requested on demand as soon as you meet the payout eligibility criteria. (source) Read on October 28, 2026 |
| Withdrawal terms and methods | 1/5 | – Read on October 28, 2026 |
| Payout history and incidents | 4/5 | – Read on October 28, 2026 |
Trader reviews
| Criterion | Score | What was recorded |
|---|---|---|
| Trader rating (Trustpilot and Google) | 2/5 | Trustpilot 3.6 from 99 reviews (source) Read on October 28, 2026 |
| Number of reviews | 2/5 | 99 reviews (source) Read on October 28, 2026 |
| Suspicious review warning | 3/5 | Warning shown by Trustpilot on the profile (source) Read on October 28, 2026 |
Rules
| Criterion | Score | What was recorded |
|---|---|---|
| Rule clarity | 3/5 | 10/14 rules documented (source) Read on October 28, 2026 |
| Rules restricting how you trade | 4/5 | – (source) Read on October 28, 2026 |
Website security
| Criterion | Score | What was recorded |
|---|---|---|
| Secure website | 5/5 | certificate valid for 51 more days Read on October 28, 2026 |
| Protected domain (SPF, DMARC, headers) | 2/5 | 2 points out of 5 (SPF, DMARC) Read on October 28, 2026 |
Frequently asked questions
Is The Prop Trade regulated?
A prop firm usually sells an evaluation program and is not a licensed broker. The company name recorded is The Prop Trade Ltd. No warning was found on the regulator lists checked.
Does The Prop Trade pay its traders?
Its Payouts pillar scores 3.4/5: it measures what is published on proof, timing, frequency and payout incidents. It does not guarantee a future payout.
What do reviews say about The Prop Trade?
Trustpilot 3.6 from 99 reviews. The Reviews pillar scores 2.3/5.
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