Success Prop Trader, founded in 2024, is a new entrant in the prop trading space. The firm is spearheaded by CEO Robert Han Asyr and CMO Lilia G. The company's headquarters are located at Premises NO. 40851-001, IFZA Building A1, Dubai Silicon Oasis, DDP, Dubai, UAE. Success Prop Trader is registered in Dubai, UAE, under registration number DSO-FZCO-38725 and complies with all applicable legal and regulatory requirements.
Company Background
Success Prop Trader, founded in 2024, is a new entrant in the prop trading space. The firm is spearheaded by CEO Robert Han Asyr and CMO Lilia G. The company’s headquarters are located at Premises NO. 40851-001, IFZA Building A1, Dubai Silicon Oasis, DDP, Dubai, UAE. Success Prop Trader is registered in Dubai, UAE, under registration number DSO-FZCO-38725 and complies with all applicable legal and regulatory requirements.
Trading Platforms
Success Prop Trader supports two of the most popular trading platforms, MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These platforms are well-known for their comprehensive trading tools, including advanced charting capabilities, automated trading options, and access to a wide range of financial instruments.
Account Types
The firm offers a standard funding account option, providing a straightforward approach for traders looking to prove their skills and secure a funded account.
Evaluation Process
Success Prop Trader employs a two-step evaluation process to assess and approve traders for funded accounts:
Step 1
- Daily Drawdown: 5%
- Total Drawdown: 10%
- Profit Target: 10%
- Minimum Trading Days: 4 days
Step 2
- Daily Drawdown: 5%
- Total Drawdown: 10%
- Profit Target: 5%
- Minimum Trading Days: 4 days
The evaluation fees are tiered based on the account size:
- $100K account: $488
- $50K account: $288
- $25K account: $188
- $10K account: $88
Profit Sharing
Success Prop Trader offers an attractive profit split of 80%. For traders who achieve scaled-up accounts, the profit split increases to 95%, along with a salary. This structure incentivizes long-term performance and loyalty.
Withdrawal Conditions and Procedures
Traders can request payouts biweekly, with options to withdraw via Rise, cryptocurrency, or bank transfer. This flexibility ensures that traders can access their earnings conveniently.
Funding and Capital
Success Prop Trader maintains sufficient financial reserves to cover operations for the first six months, providing a stable financial foundation. The firm’s funding primarily comes from the CEO and members of the board, demonstrating a strong commitment from the leadership team.
Conclusion
Success Prop Trader offers a promising opportunity for traders seeking a prop firm with a transparent and structured evaluation process. With competitive profit-sharing options and a solid financial foundation, the firm is well-positioned to attract skilled traders. The support for popular trading platforms like MT4 and MT5 further enhances its appeal. While the firm is relatively new, its robust setup and clear regulatory compliance suggest a strong potential for growth and success in the prop trading industry.