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propiy

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News Trading
Weekend Trading
Persian Support
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امتیاز کاربران تیگل

(10)

5

1

prop-e
Establishment Date2022
HeadquartersDubai
Evaluation StagesOne-step, Two-step
Maximum Balance$100,000
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Introduction and History of Propy Prop Firm

The Propiy platform began its operations in 2022 with a focus on providing prop trading services to Persian-speaking traders. The firm, headquartered in Dubai, UAE, is managed by a team led by its senior strategist, Hossein Azimi, and its primary goal is to provide capital to traders who possess sufficient skill but face liquidity constraints.

The workflow on this site is based on two-step evaluation challenges, where the trader must achieve specific targets within the framework of risk management rules, including daily and overall drawdown limits. Notable aspects of this platform's technical structure include the use of cryptocurrency-based payment infrastructure and the provision of detailed analytics panels to review trading performance.

The company has attempted to provide a platform for connecting domestic traders to international financial markets by localizing identity verification and support processes, although activity on it requires full mastery of disciplinary rules and an understanding of the systematic risks in this sector.

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Credibility and Security of Propy Prop Firm (Propy)

 Is the Propiy prop firm reputable?

 On Trustpilot, this prop firm has registered a very low rating of 1.7 out of 5 from 117 reviews, which is itself an indication of the high level of distrust and serious criticism regarding Propiy. Their strict rules at the time of profit withdrawal often do not align with the promotional messages of the prop firm and have become a subject of user complaints. Alongside these issues, communication channels and contact methods at Propiy are limited; despite claims of being registered in the UAE, no transparent information such as a registration number, physical address, or verifiable contact number has been published on its website. In general, there is not much data available on international websites for this prop firm, and the "scam" nature of Propiy is mainly a topic of discussion within Persian-speaking trader communities.

 Furthermore, many users accuse this platform of creating intentional disruptions in MetaTrader and manipulating prices (severe slippage) so that a trader's account reaches its stop-loss. Since no regulatory body oversees the performance of this site, the security of users' assets depends solely on the good faith of the management team, which, given recent feedback, has been seriously called into question.

How transparent are Propiy's rules and contracts?

At first glance, the Propiy rules page presents an image of transparent rules and contracts, but many users believe this section is merely a tool for "making excuses" to avoid paying profits. Clauses such as "Consistency Score" and the "80 percent rule" are set up in such a way that their interpretation is entirely at the company's discretion. For example, if a trader makes a significant profit, the company can refuse to pay by citing abnormal trading behavior or a violation of the consistency score. This lack of transparency in rule interpretation and the sudden changing of drawdown conditions without prior notice has caused many professional traders to warn against working with this platform.

What is Propiy's track record for profit payouts?

Although in the early years, profit payment records at Propiy were relatively regular, this performance did not last, and after a while, alarming reports of non-payment of large profits were published. According to investigations into user feedback, the company has refused to pay large amounts using excuses such as copy-trading, news-trading, or violations of risk management rules. It seems that the company's revenue model has shifted towards a point where paying high profits has become difficult for them; thus, they have made their regulatory filters unfairly strict to minimize cash outflows.

Evaluating the validity of Propiy scam reports

News regarding Propiy being a scam is no longer just a rumor and has become a serious warning in the financial community. Cybercrime monitoring platforms (such as Webamooz) and specialized Forex sites have issued warnings about the possibility of this entity being a "scam." The repetitive pattern of silencing critics on social media and the lack of support responsiveness to user claims are signs of a collapsing project. Although the website is still selling challenges, the high volume of negative reviews (a 1.7 rating on Trustpilot) and the experiences of defrauded individuals indicate that operating on this platform carries extremely high risk, and the likelihood of systematic fraud is strongly reinforced.

 

Challenges and Programs of Propy Prop Firm

ویژگی‌ها 5000$10000$25000$50000$
phase one profit target
8%
8%
8%
8%
phase two profit target
4%
4%
4%
4%
daily drawdown
5%
5%
5%
5%
overall drawdown
12%
12%
12%
12%
time limit
Unlimited
Unlimited
Unlimited
Unlimited
minimum trading days
5 days phase one/5 days phase two
5 days phase one/5 days phase two
5 days phase one/5 days phase two
5 days phase one/5 days phase two
trader profit share
80%
80%
80%
80%
capital growth
$1,000,000
$1,000,000
$1,000,000
$1,000,000
news trading
Allowed
Allowed
Allowed
Allowed
refundable fee
130% with the first profit withdrawal
130% with the first profit withdrawal
130% with the first profit withdrawal
130% with the first profit withdrawal
challenge fee
56$
88$
156$
308$

Risk Warning: Inaccessibility of Propy Website

Following the investigations, the website of the prop firm Propiy at http://www.propiy.com is out of reach. Also, by reviewing user comments about this prop firm, any activity or trading with Propiy carries a very high risk.

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Services of Propy Prop Firm (Propy)

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Expert Review of Propy Prop Firm

Is Prop Firm Propy suitable for Iranian users?
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Head Office Details

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