Prop Trading

Do you dream of managing a large amount of capital? Do you want to start trading from scratch and grow your income? Complete the challenge, become a prop trader at Gerchik & Co, and receive up to $200,000 to manage per challenge and up to $400,000 in total.

What is Prop Trading?

Prop trading is trading with the company's funds.
You don't need your own deposit: we provide you with capital ranging from $5,000 to $400,000 and professional trading tools.
You trade, you make money, and you keep up to 90% of your profits!

Want to become a prop trader? Take the challenge and prove you're ready to manage a large account!

Complete the demo challenge and receive a real deposit

The Challenge is a test of your trading skills on demo accounts. The Challenge consists of one, two, or three stages (phases), and in each stage, your goal is to grow your starting balance while minimizing drawdown.

We offer 4 pricing plans. Each plan includes several payment options depending on the starting balance. The balance refers to the amount in the demo accounts you'll use to complete the challenge. After successfully completing the challenge, you'll receive the same amount—but in real money—to manage.

Available challenge phases

Available Balances 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.

45

84

169

259

449
Currency

Account currencies available for selection in your personal account. If the account was selected in euros, the price will also be in euros.

USD / EUR

USD / EUR

USD / EUR

USD / EUR

USD / EUR
Double Leverage

Option to receive double leverage for 10% of the fee. Instead of the standard 1:50, the trader will get 1:100.

cost +10%

cost +10%

cost +10%

cost +10%

cost +10%
News Trading

Option to get the right to trade during news releases for 10% of the base challenge cost.

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.

50

90

225

359

559
Currency

Account currencies available for selection in your personal account. If the account was selected in euros, the price will also be in euros.

USD / EUR

USD / EUR

USD / EUR

USD / EUR

USD / EUR
Double Leverage

Option to receive double leverage for 10% of the fee. Instead of the standard 1:50, the trader will get 1:100.

cost +10%

cost +10%

cost +10%

cost +10%

cost +10%
News Trading

Option to get the right to trade during news releases for 10% of the base challenge cost.

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

200000
Fee

One-time challenge fee.

69

124 -10%
MISSION10K — a one-time promo code for each client to purchase Mission 10,000 (EUR, USD) challenge with a 10% discount.

275

379

599

1189
Currency

Account currencies available for selection in your personal account. If the account was selected in euros, the price will also be in euros.

USD / EUR

USD / EUR

USD / EUR

USD / EUR

USD / EUR

USD / EUR
Double Leverage

Option to receive double leverage for 10% of the fee. Instead of the standard 1:50, the trader will get 1:100.

cost +10%

cost +10%

cost +10%

cost +10%

cost +10%

cost +10%
News Trading

Option to get the right to trade during news releases for 10% of the base challenge cost.

cost +10%

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.

39

69

139

199

349
Currency

Account currencies available for selection in your personal account. If the account was selected in euros, the price will also be in euros.

USD / EUR

USD / EUR

USD / EUR

USD / EUR

USD / EUR
Double Leverage

Option to receive double leverage for 10% of the fee. Instead of the standard 1:50, the trader will get 1:100.

cost +10%

cost +10%

cost +10%

cost +10%

cost +10%
News Trading

Option to get the right to trade during news releases for 10% of the base challenge cost.

cost +10%

cost +10%

cost +10%

cost +10%

cost +10%
Become Prop Trader

Become Prop Trader

Challenge Completion Terms

Phase 1

Phase 1

Account
Trading Period

The trading period provided to the trader to complete each phase of the challenge.

Unlimited

-
Max Drawdown

The maximum loss on the account, upon reaching which the account is disqualified and closed. The drawdown is calculated based on the change in funds relative to the initial account balance.

6%

6%
Max Daily Loss

The parameter that determines how the drawdown level is calculated, upon reaching which the account is canceled.

3%

3%
Profit Target

The target return value that must be achieved for successful completion of the challenge phase.

10%

-
Consistency Rule

The ratio of the highest daily profit to total profit cannot exceed the limit specified for the corresponding stage. If this limit is exceeded, you must continue trading to balance the ratio and meet the condition.

Calculation formula: Consistency Rule = (Best Profitable Day / Total Profit) × 100%

50%

50%
Leverage

The maximum allowable leverage on the account for Forex symbols.

1:50

1:50
Maximum Drawdown Limit

Max Drawdown calculation option: Static – this method means the drawdown level is fixed at one level and remains unchanged throughout the trading period. Trailing and Static – this method means the drawdown level is dynamic and recalculates when new equity highs are reached on the account. However, when the maximum allowable drawdown equals the difference between the maximum reached on the account and the initial account balance, the level becomes fixed and no longer changes.

Trailing

Trailing
Trailing Drawdown Threshold Reset

This parameter determines whether the calculated drawdown threshold is reset at the time of profit distribution.

Yes — the threshold is recalculated based on the new equity value. The initial loss limit is fully restored.

No — the threshold remains tied to the historical peak equity value (High-Water Mark). After a profit withdrawal, the available loss limit is reduced by the amount of the withdrawal.

-

No
Profit Payout

The share of profit earned on the live account that is paid to the trader.

-

80%
Profit Split Frequency

The frequency of profit distribution. Profit distribution occurs on Saturday if at least 14 days have passed since the previous distribution.

-

2 week
Profit Split Type

This setting defines the conditions and mechanism for the distribution and payment of profits at the end of the trading period.

Manual
Profits are distributed upon request, either in full or in part. A request can be submitted in advance during the trading period; however, the actual distribution and payment will take place only after the trading period has officially ended.

-

Manual
Inactivity Time

The number of consecutive inactive days after which the account is canceled. An inactive day is a day when no Buy or Sell orders were opened on the MT4 account, or no Buy or Sell trades with In or InOut direction were executed on the MT5 account.

30 days

30 days
Platforms

Trading platforms available for the trader to choose from.

MT4 / MT5

MT4 / MT5
News Trading

Trading on certain important news is prohibited. Opening or closing new positions is prohibited 3 min. before and 3 min. after news release. Violations will be checked manually. After verification, account blocking and cancellation of the challenge or live account is possible. News prohibited for trading will be available for viewing in the economic calendar in your 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.)
Weekend Trading

Carrying open positions overnight or over the weekend is allowed.

Allowed

Allowed

Phase 1

Phase 1

Account
Trading Period

The trading period provided to the trader to complete each phase of the challenge.

Unlimited

-
Max Drawdown

The maximum loss on the account, upon reaching which the account is disqualified and closed. The drawdown is calculated based on the change in funds relative to the initial account balance.

10%

10%
Max Daily Loss

The parameter that determines how the drawdown level is calculated, upon reaching which the account is canceled.

3%

3%
Profit Target

The target return value that must be achieved for successful completion of the challenge phase.

10%

-
Best Day Rule

The ratio of the largest daily profit to the total profit for all profitable days cannot exceed the limit specified for the corresponding stage. If this limit is exceeded, you must continue trading to balance the ratio and meet the condition.

Calculation formula: Best Day Rule = (Largest daily profit / Profit from all profitable days) × 100%

50%

50%
Leverage

The maximum allowable leverage on the account for Forex symbols.

1:50

1:50
Maximum Drawdown Limit

Max Drawdown calculation option: Static – this method means the drawdown level is fixed at one level and remains unchanged throughout the trading period. Trailing and Static – this method means the drawdown level is dynamic and recalculates when new equity highs are reached on the account. However, when the maximum allowable drawdown equals the difference between the maximum reached on the account and the initial account balance, the level becomes fixed and no longer changes.

Trailing

Trailing
Trailing Drawdown Threshold Reset

This parameter determines whether the calculated drawdown threshold is reset at the time of profit distribution.

Yes — the threshold is recalculated based on the new equity value. The initial loss limit is fully restored.

No — the threshold remains tied to the historical peak equity value (High-Water Mark). After a profit withdrawal, the available loss limit is reduced by the amount of the withdrawal.

-

No
Profit Payout

The share of profit earned on the live account that is paid to the trader.

-

90%
Profit Split Frequency

The frequency of profit distribution. Profit distribution occurs on Saturday if at least 14 days have passed since the previous distribution.

-

2 week
Profit Split Type

This setting defines the conditions and mechanism for the distribution and payment of profits at the end of the trading period.

Auto
The distribution and payment of profits occur automatically on schedule after the trading period ends. The entire amount of the earned profit is available for withdrawal.

-

Auto
Inactivity Time

The number of consecutive inactive days after which the account is canceled. An inactive day is a day when no Buy or Sell orders were opened on the MT4 account, or no Buy or Sell trades with In or InOut direction were executed on the MT5 account.

30 days

30 days
Platforms

Trading platforms available for the trader to choose from.

MT4 / MT5

MT4 / MT5
News Trading

Trading on certain important news is prohibited. Opening or closing new positions is prohibited 3 min. before and 3 min. after news release. Violations will be checked manually. After verification, account blocking and cancellation of the challenge or live account is possible. News prohibited for trading will be available for viewing in the economic calendar in your 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.)
Weekend Trading

Carrying open positions overnight or over the weekend is allowed.

Allowed

Allowed

Phase 1

Phase 1

Phase 2

Account
Trading Period

The trading period provided to the trader to complete each phase of the challenge.

180 days

180 days

-
Max Drawdown

The maximum loss on the account, upon reaching which the account is disqualified and closed. The drawdown is calculated based on the change in funds relative to the initial account balance.

10%

10%

10%
Max Daily Loss

The parameter that determines how the drawdown level is calculated, upon reaching which the account is canceled.

5%

5%

5%
Max Daily Profit Limit

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

5%

2%

-
Profit Target

The target return value that must be achieved for successful completion of the challenge phase.

10%

5%

-
Minimum Trading Days

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

4

4

-
Leverage

The maximum allowable leverage on the account for Forex symbols.

1:50

1:50

1:50
Maximum Drawdown Limit

Max Drawdown calculation option: Static – this method means the drawdown level is fixed at one level and remains unchanged throughout the trading period. Trailing and Static – this method means the drawdown level is dynamic and recalculates when new equity highs are reached on the account. However, when the maximum allowable drawdown equals the difference between the maximum reached on the account and the initial account balance, the level becomes fixed and no longer changes.

Static

Static

Static
Profit Payout

The share of profit earned on the live account that is paid to the trader.

-

-

80%
Frequency of profit split

The frequency of profit distribution. Profit distribution occurs on Saturday if at least 14 days have passed since the previous distribution.

-

-

2 week
Inactivity Time

The number of consecutive inactive days after which the account is canceled. An inactive day is a day when no Buy or Sell orders were opened on the MT4 account, or no Buy or Sell trades with In or InOut direction were executed on the MT5 account.

30 days

30 days

30 days
Platforms

Trading platforms available for the trader to choose from.

MT4 / MT5

MT4 / MT5

MT4 / MT5
News Trading

Trading on certain important news is prohibited. Opening or closing new positions is prohibited 3 min. before and 3 min. after news release. Violations will be checked manually. After verification, account blocking and cancellation of the challenge or live account is possible. News prohibited for trading will be available for viewing in the economic calendar in your 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

Carrying open positions overnight or over the weekend is allowed.

Allowed

Allowed

Allowed

Phase 1

Phase 1

Phase 2

Phase 3

Account
Trading Period

The trading period provided to the trader to complete each phase of the challenge.

180 days

180 days

180 days

-
Max Drawdown

The maximum loss on the account, upon reaching which the account is disqualified and closed. The drawdown is calculated based on the change in funds relative to the initial account balance.

8%

8%

8%

8%
Max Daily Loss

The parameter that determines how the drawdown level is calculated, upon reaching which the account is canceled.

4%

4%

4%

4%
Max Daily Profit Limit

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

3%

3%

3%

-
Profit Target

The target return value that must be achieved for successful completion of the challenge phase.

6%

6%

6%

-
Minimum Trading Days

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

3

3

3

-
Leverage

The maximum allowable leverage on the account for Forex symbols.

1:50

1:50

1:50

1:50
Maximum Drawdown Limit

Max Drawdown calculation option: Static – this method means the drawdown level is fixed at one level and remains unchanged throughout the trading period. Trailing and Static – this method means the drawdown level is dynamic and recalculates when new equity highs are reached on the account. However, when the maximum allowable drawdown equals the difference between the maximum reached on the account and the initial account balance, the level becomes fixed and no longer changes.

Static

Static

Static

Static
Profit Payout

The share of profit earned on the live account that is paid to the trader.

-

-

-

80%
Frequency of profit split

The frequency of profit distribution. Profit distribution occurs on Saturday if at least 14 days have passed since the previous distribution.

2 week

2 week

2 week

2 week
Inactivity Time

The number of consecutive inactive days after which the account is canceled. An inactive day is a day when no Buy or Sell orders were opened on the MT4 account, or no Buy or Sell trades with In or InOut direction were executed on the MT5 account.

30 days

30 days

30 days

30 days
Platforms

Trading platforms available for the trader to choose from.

MT4 / MT5

MT4 / MT5

MT4 / MT5

MT4 / MT5
News Trading

Trading on certain important news is prohibited. Opening or closing new positions is prohibited 3 min. before and 3 min. after news release. Violations will be checked manually. After verification, account blocking and cancellation of the challenge or live account is possible. News prohibited for trading will be available for viewing in the economic calendar in your 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.)

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

Carrying open positions overnight or over the weekend is allowed.

Allowed

Allowed

Allowed

Allowed

Read the detailed terms of the Bonus Program here.

Become Prop Trader

The challenge cost is less than the minimum starting deposit at Gerchik & Co! Plus, you'll get a real account to manage that's tens of times larger and you can trade like a Wall Street pro!

Your challenge — your freedom in trading:

You can complete the challenge in a week, or you can choose a plan with no time limits and trade at your own pace until you reach your goal. It's all up to you!
You choose the instruments and strategy — we provide professional trading conditions: spreads from 0 points, fast order execution.
Choose the amount you want to manage. Complete up to 3 challenges at the same time and receive a deposit of up to $400,000.
Didn't pass the challenge the first time? Try again: the number of new attempts is NOT limited!

How to Become a Prop Trader

Step 1.

Step 2.

Apply for the challenge from your Personal Account. Choose a tariff plan and deposit amount.

Step 3.

Pay for challenge participation.

Step 4.

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

Step 5.

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

Jump into the challenge and become part of the elite team of prop traders at Gerchik & Co!

Become Prop Trader

Prop Trading

What is Prop Trading?

Complete the demo challenge and receive a real deposit

Available challenge phases

Available Balances for Challenges

cost +10%

cost +10%

cost +10%

cost +10%

cost +10%

cost +10%

cost +10%

cost +10%

cost +10%

cost +10%

cost +10%

cost +10%

cost +10%

cost +10%

cost +10%

cost +10%

cost +10%

cost +10%

cost +10%

cost +10%

cost +10%

cost +10%

cost +10%

cost +10%

cost +10%

cost +10%

cost +10%

cost +10%

cost +10%

cost +10%

cost +10%

cost +10%

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 — your freedom in trading:

How to Become a Prop Trader

Step 1.

Step 2.

Step 3.

Step 4.

Step 5.

Jump into the challenge and become part of the elite team of prop traders at Gerchik & Co!