Question 1

What is CK Prop Firm?

Accepted Answer

CK Prop Firm is an innovative online retail evaluation trading firm dedicated to assessing trader's skills and leveraging cutting-edge techniques to gather, dissect, and capitalize on their trading data.

Question 2

How can I Get Started With CK Prop Firm?

Accepted Answer

Visit the main CK Prop Firm website and sign up for an account here. Access the CK Prop Firm challenge dashboard and select the account size that suits your preferences. Familiarize yourself with the program's rules by reviewing the terms of use and engaging with our community on Discord if you have any questions or wish to connect with others before you start your challenge. When you're ready to proceed, click on the purchase button corresponding to your preferred payment method. You have three options: - Credit/bank cards - Crypto & Paypal. Upon completion of the transaction, you will receive your account credentials. Card transactions yield instant results, while crypto payments may take up to 30 minutes or a few hours for blockchain confirmation. Congratulations! You are now equipped to begin your journey as a CK Prop Firm trader. Feel free to start trading at your convenience.

Question 3

Are there any inactivity rules?

Accepted Answer

All accounts are subject to a 28 day inactivity period, this means if you do not place a micro-lot trade for longer than 28 consecutive days your account will automatically be suspended.

Question 4

How do taxes work?

Accepted Answer

We cannot provide tax advice and suggest you contact a tax professional in your region for tax related inquiries.

Question 5

How long does it take to upgrade from Phase 1 to Phase 2?

Accepted Answer

Phase 1 → Phase 2: Instant, once criteria are met Phase 2 → Funded: Up to 2 business days, subject to: Risk review KYC completion

Question 6

Can I merge my funded accounts?

Accepted Answer

As of now we do not allow merging but we may introduce it in the future.

Question 7

Do you conduct Risk interviews?

Accepted Answer

We do conduct risk interviews and can conduct them during any phase. You will be required to cooperate with our risk team as well as verify KYC during the interview.

Question 8

Can I switch trading platforms?

Accepted Answer

We do not allow the transfer of accounts to different platforms at this time.

Question 9

Can I purchase multiple challenges?

Accepted Answer

Yes, you can buy as many challenges as you want, but you can only be funded up to the maximum allocation allowed for each challenge type.

Question 10

Are you a broker?

Accepted Answer

No, CK Prop Firm is not a broker. We are an evaluation trading firm.

Question 11

Can I exceed the maximum allocation?

Accepted Answer

No, exceeding the $750,000 max allocation per household limit is not allowed. If this happens, your accounts may be reviewed, and adjustments may be made to ensure compliance with our policies. We reserve the right to disable any accounts in violation with no refund

Question 12

What is the maximum allocation?

Accepted Answer

The maximum allocation limits are as follows: 2-Step Standard: $300,000 maximum allocation. All other account types: $500,000 maximum allocation combined across all eligible account types. What is the maximum total allocation per household? The maximum total allocation per household is $750,000 across all accounts and account types. How many accounts can I have per household? Each household may hold a maximum of 5 accounts. All accounts are subject to the applicable individual account-type allocation limits and the overall household allocation cap of $750,000. Can I Purchase More Than the Maximum? Yes, but your active funded allocation cannot exceed $1.2 million at any time. What If I Exceed the Limit? Contact support immediately via: Live Chat Discord: https://discord.gg/J3nazzRZJh Email: admin@ckpropfirm.com

Question 13

Is there a time limit to pass the evaluation?

Accepted Answer

No. At CK Prop Firm, there is no time limit to pass the evaluation phase. You can trade at your own pace.

Question 14

How quickly will I receive my account credentials?

Accepted Answer

Card / PayPal Payments: Instantly (usually within 1 hour) Crypto Payments: Within 24 hours (depending on blockchain speed) Once payment is confirmed, credentials are generated without unnecessary delays.

Question 15

Is There a Minimum Trading Day Requirement?

Accepted Answer

Yes. Only 1 minimum trading day is required. Your evaluation starts with your first trade That day counts as your minimum trading day You can track this directly from your dashboard

Question 16

What leverage do you offer?

Accepted Answer

MT5 Platform Forex: 1:100 Indices: 1:100 Commodities: 1:100 Crypto: 1:100 TradeLocker Platform (US & Canada users must use TradeLocker) Forex: 1:100 Indices: 1:100 Commodities: 1:100 If you need help choosing the right platform or account type, feel free to reach out to support anytime.

Question 17

Do you offer refunds?

Accepted Answer

Refunds are not offered at CK Prop Firm. However, refund requests may be reviewed under special circumstances on a case-by-case basis.

Question 18

What trading strategies are prohibited?

Accepted Answer

Prohibited trading practices are as follows: Exploiting unrealistic prices or trade opportunities, including arbitrage, latency trading, front-running price feeds, and exploiting mispricing. Latency trading Arbitrage trading High-frequency trading Reverse trading or group hedging Furthermore, account management services are strictly prohibited. All accounts and trades must be executed by the registered trader. If you're unsure about the compliance of your EA or manual scalping strategy submit the strategy to our support team for clarification. Account rolling/churning, buying multiple accounts and failing in a short timeframe and simultaneously buying more as you fail. The failure of a funded account requires permission before you are able to start a new evaluation, send all requests to admin@ckpropfirm.com

Question 19

Do you have any lot size limits?

Accepted Answer

Yes we have the following limits depending on account size $5,000 - Max 2.5 lots $10,000 - Max 5 lots $25,000 - Max 10 lots $50,000 - Max 20 lots $100,000 - Max 40 lots $200,000 - Max 60 lots $300,000 - Max 60 lots Note: Max lot size difference means you can't open more than the allowed max lot per account at a time. Example: On a $100K account with a 40 max lot limit, you can't open more than 40 lots on a a combination of all pairs. Example: A $100,000 account with an active trade of EURUSD for 39 lots alongside a trade of XAUUSD with 2 lots would be a violation of the limit as the total is 41.

Question 20

What happens if I violate a trading rule?

Accepted Answer

Violation of a trading rule will result in a breach of the account with no compensation or refund. We stress the importance of being familiar with all rules in our challenges when seeking to enter our trading program.

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