Prop Trading

Do you aspire to manage large capital? Looking to start trading from scratch and scale your income? Take on the challenge, become a prop trader at Gerchik & Co, and get up to $200,000 to manage.

What is prop trading?

Prop trading, otherwise known as proprietary trading, involves using the company's funds for trading.
You don’t need your own deposit:we provide capital ranging from $5,000 to $200,000 along with professional trading tools.
You trade, and acquire revenue, and 80% of the profit is yours!

Wish to become a prop trader? Complete our two-phase challenge and demonstrate your readiness to manage a significant account!

Complete the demo challenge and receive a real deposit

The challenge involves testing your trading skills on demo accounts. It is divided into two stages, where your goal is to grow the initial amount while keeping the deposit drawdown to a minimum.

We offer 2 tariff plans*. Each plan includes three payment options based on the starting balance. This balance represents the amount on the demo accounts you'll use during the challenge. Upon successful completion, you'll receive the same amount in real funds to manage.

Available Balance Options for Challenges

Initial Balance

The initial amount that the trader receives for each individual challenge account and live account after completing the challenge.

5000

10000

25000

50000

100000
Fee

One-time challenge fee.

69

124

275

379

599
Currency

The account currencies available for selection in the personal account. For example, if you choose euros for your account, all costs will be listed in euros.

USD / EUR

USD / EUR

USD / EUR

USD / EUR

USD / EUR
Double Leverage

Option to receive Double Leverage for 10% of the fee. This means that instead of the standard 1:50 leverage, the trader will get 1:100.

cost +10%

cost +10%

cost +10%

cost +10%

cost +10%
Become Prop Trader

Initial Balance

The initial amount that the trader receives for each individual challenge account and live account after completing the challenge.

5000

10000

25000

50000

100000
Fee

One-time challenge fee.

59

99

199

299

499
Currency

The account currencies available for selection in the personal account. For example, if you choose euros for your account, all costs will be listed in euros.

USD / EUR

USD / EUR

USD / EUR

USD / EUR

USD / EUR
Double Leverage

Option to receive Double Leverage for 10% of the fee. This means that instead of the standard 1:50 leverage, the trader will get 1:100.

cost +10%

cost +10%

cost +10%

cost +10%

cost +10%
Become Prop Trader

Become Prop Trader

Challenge Completion Terms

Phase 1

Phase 1

Phase 2

Account
Trading Period

The Trading Period allocated for a trader to complete each phase of the challenge.

180 days

180 days

-
Max Drawdown

The maximum loss limit for the account, which, if reached, will result in the account being disqualified and closed. The drawdown is calculated based on the change in funds relative to the account's initial balance.

10%

10%

10%
Max Daily Loss

This parameter defines how the account’s drawdown level is calculated, determining the point at which the account will be canceled.

5%

5%

5%
Max Daily Profit Limit

The maximum daily profit, upon reaching which all open trading positions are automatically closed, and the account is blocked until the following day.

5%

2%

-
Profit Target

The Profit Target amount that the trader must reach, in conjunction with the Minimum Trading Days requirement.

10%

5%

-
Minimum Trading Days

The minimum number of unique days, according to platform time, during which new positions were opened on the account. A day is considered active if Buy or Sell orders were opened on an MT4 account, or Buy or Sell trades with an In or In/Out direction were executed on an MT5 account.

4

4

-
Leverage

The maximum allowable leverage on the account for FX symbols.

1:50

1:50

1:50
Maximum Drawdown Limit

ВThe Max Drawdown calculation option: Static: In this method, the drawdown level is fixed at a certain point and remains constant throughout the trading period. Trailing and Static: This method allows the drawdown level to be dynamic, recalculating whenever new maximum equity is achieved in the account. However, once the maximum allowable drawdown equals the difference between the highest equity reached and the initial account balance, the level becomes fixed and stops changing.

Static

Static

Static
Profit Payout

The share of the profit received on the live account and payable to the trader.

-

-

80%
Frequency of profit split

The Profit Split Frequency. Profits are distributed on Saturdays, provided that at least 14 days have passed since the last split.

-

-

2 week
Inactivity Time

The number of consecutive days of inactivity after which the account is canceled. A day is considered inactive if no Buy or Sell orders were opened on the MT4 account, or no Buy, Sell, In, or In/Out orders were opened on the MT5 account.

30 days

30 days

30 days
Platforms

Trading platforms available for selection by the trader.

MT4 / MT5

MT4 / MT5

MT4 / MT5
News Trading

Trading around key news events is restricted. You are not allowed to open or close positions within 3 minutes before and after the news is released. Violations will be reviewed manually, and accounts may be blocked or the challenge or live account may be canceled following the review. Restricted news events can be found in the economic calendar in the personal account.

Not Allowed (Trading is prohibited within the 3 minutes before and 3 minutes after the news release.)

Not Allowed (Trading is prohibited within the 3 minutes before and 3 minutes after the news release.)

Not Allowed (Trading is prohibited within the 3 minutes before and 3 minutes after the news release.)
Weekend trading

Transfer of open positions overnight or over the weekend is allowed.

Allowed

Allowed

Allowed

Phase 1

Phase 1

Phase 2

Account
Trading Period

The Trading Period allocated for a trader to complete each phase of the challenge.

180 days

180 days

-
Max Drawdown

The maximum loss limit for the account, which, if reached, will result in the account being disqualified and closed. The drawdown is calculated based on the change in funds relative to the account's initial balance.

8%

8%

8%
Max Daily Loss

This parameter defines how the account’s drawdown level is calculated, determining the point at which the account will be canceled.

5%

5%

5%
Max Daily Profit Limit

The maximum daily profit, upon reaching which all open trading positions are automatically closed, and the account is blocked until the following day.

5%

2%

-
Profit Target

The Profit Target amount that the trader must reach, in conjunction with the Minimum Trading Days requirement.

8%

5%

-
Minimum Trading Days

The minimum number of unique days, according to platform time, during which new positions were opened on the account. A day is considered active if Buy or Sell orders were opened on an MT4 account, or Buy or Sell trades with an In or In/Out direction were executed on an MT5 account.

4

4

-
Leverage

The maximum allowable leverage on the account for FX symbols.

1:50

1:50

1:50
Maximum Drawdown Limit

The Max Drawdown calculation option: Static: In this method, the drawdown level is fixed at a certain point and remains constant throughout the trading period. Trailing and Static: This method allows the drawdown level to be dynamic, recalculating whenever new maximum equity is achieved in the account. However, once the maximum allowable drawdown equals the difference between the highest equity reached and the initial account balance, the level becomes fixed and stops changing.

Trailing and Static

Trailing and Static

Trailing and Static
Profit Payout

The share of the profit received on the live account and payable to the trader.

-

-

80%
Frequency of profit split

The Profit Split Frequency. Profits are distributed on Saturdays, provided that at least 14 days have passed since the last split.

-

-

2 week
Inactivity Time

The number of consecutive days of inactivity after which the account is canceled. A day is considered inactive if no Buy or Sell orders were opened on the MT4 account, or no Buy, Sell, In, or In/Out orders were opened on the MT5 account.

30 days

30 days

30 days
Platforms

Trading platforms available for selection by the trader.

MT4 / MT5

MT4 / MT5

MT4 / MT5
News Trading

Trading around key news events is restricted. You are not allowed to open or close positions within 3 minutes before and after the news is released. Violations will be reviewed manually, and accounts may be blocked or the challenge or live account may be canceled following the review. Restricted news events can be found in the economic calendar in the personal account.

Not Allowed (Trading is prohibited within the 3 minutes before and 3 minutes after the news release.)

Not Allowed (Trading is prohibited within the 3 minutes before and 3 minutes after the news release.)

Not Allowed (Trading is prohibited within the 3 minutes before and 3 minutes after the news release.)
Weekend trading

Transfer of open positions overnight or over the weekend is allowed.

Allowed

Allowed

Allowed

*You can check out the detailed terms and conditions of the tariff plans here.

Become Prop Trader

The challenge is priced lower than the minimum starting deposit at Gerchik & Co! Plus, you’ll receive a live account to manage that is significantly larger, allowing you to trade like a Wall Street pro!

Your challenge offers complete freedom in trading:

Complete both stages within a year or just a week—it's up to you!.
Youchoose the assets and strategy while we provide top-notch trading conditions: spreads starting from 0 points and swift order execution.
You choose the amount you want to manage. Take onup to 3 challenges simultaneously and receive a deposit of up to $200,000.
Didn't succeed on your first try? No problem! There’s no limit to the number of attempts you can make!

How to Become a Prop Trader

Step 1.

Step 2.

Apply for the challenge through your personal account. Choose a tariff plan and deposit amount.

Step 3.

Pay the participation fee for the challenge.

Step 4.

Trade on demo accounts, complete both stages of the challenge, and showcase your trading skills.

Step 5.

Upon successfully completing the challenge, receive a real deposit to manage!

Take on the challenge and unlock your place among Gerchik & Co’s top prop traders!

Become Prop Trader

Prop Trading

What is prop trading?

Complete the demo challenge and receive a real deposit

Available Balance Options for Challenges

cost +10%

cost +10%

cost +10%

cost +10%

cost +10%

cost +10%

cost +10%

cost +10%

cost +10%

cost +10%

Challenge Completion Terms

Your challenge offers complete freedom in trading:

How to Become a Prop Trader

Step 1.

Step 2.

Step 3.

Step 4.

Step 5.

Take on the challenge and unlock your place among Gerchik & Co’s top prop traders!