pro-tix.com FAQ

Updated on

What is Pro-tix.com?

pro-tix.com Logo

Pro-tix.com is a proprietary trading firm that offers individuals the opportunity to trade with the firm’s capital after successfully passing a simulated trading evaluation, often referred to as a “challenge.”

Read more about pro-tix.com:
Pro-tix.com Review & Ethical Concerns
Pro-tix.com Business Model and Structure
Pro-tix.com Transparency and Red Flags
Pro-tix.com Operations: The Reality Behind the Promises
Pro-tix.com vs. Ethical Alternatives
Is Pro-tix.com Legit?
Pro-tix.com Alternatives for Ethical Growth
Is Pro-tix.com a Scam?
Pro-tix.com Pricing and Hidden Costs

How does the Pro-tix.com challenge work?

Pro-tix.com’s challenge involves two phases, each with specific profit targets, daily and maximum drawdown limits, and minimum trading day requirements.

Traders pay a fee to participate in this evaluation. Pro-tix.com Pricing and Hidden Costs

What are the profit targets for Pro-tix.com’s challenge?

For a $25,000 account, Phase 1 requires a 10% profit target, and Phase 2 requires a 5% profit target.

Are there minimum trading days for the Pro-tix.com challenge?

Yes, Phase 1 requires 0 minimum trading days, while Phase 2 and the funded account generally require minimum trading days, though specific numbers beyond Phase 1 are not explicitly detailed on the homepage.

What are the drawdown limits for Pro-tix.com?

The daily drawdown limit is 6%, and the maximum drawdown limit is 12% from the initial balance.

Exceeding these limits typically results in challenge failure.

Does Pro-tix.com allow Expert Advisors (EAs)?

Yes, Pro-tix.com explicitly states that Expert Advisors (EAs), or automated trading strategies, are enabled on their platform. Is Pro-tix.com a Scam?

What is the profit split offered by Pro-tix.com?

Pro-tix.com’s homepage shows conflicting information, initially claiming “100% Profit” but later stating a “60/40” split for funded accounts and mentioning “90% of your gains” in another section.

How often does Pro-tix.com provide payouts?

Pro-tix.com states that payouts for funded accounts are offered on a bi-weekly basis.

What is the maximum capital allocation available from Pro-tix.com?

Pro-tix.com advertises a maximum capital allocation of up to $1,000,000 for traders who consistently perform well and scale through their programs.

Is the challenge fee for Pro-tix.com refundable?

No, typically, challenge fees for prop trading firms like Pro-tix.com are non-refundable, regardless of whether a trader passes or fails the evaluation.

Does Pro-tix.com have an affiliate program?

Yes, Pro-tix.com offers a tiered affiliate program, allowing users to earn commission rates from 12% to 25% based on the number of referrals they bring to the platform. Pro-tix.com Alternatives for Ethical Growth

How can I contact Pro-tix.com customer support?

The Pro-tix.com homepage primarily directs users to “Join Our Community” via a Telegram link for support and engagement, without direct email or phone contact information.

Are there any hidden fees with Pro-tix.com?

While Pro-tix.com clearly lists its challenge fees, potential hidden costs could include reset fees if a challenge is failed, trading costs like spreads and swap fees, and potential withdrawal fees, though these are not explicitly detailed on the homepage.

Is Pro-tix.com regulated by financial authorities?

The Pro-tix.com homepage does not provide any information regarding its regulatory status, licensing, or the jurisdiction in which it is registered, which is a significant transparency concern.

What kind of trading leverage does Pro-tix.com offer?

Pro-tix.com mentions offering trading leverage of 1:100, which means traders can control a position worth 100 times their margin.

Does Pro-tix.com offer a free trial for its challenge?

No, the Pro-tix.com homepage does not mention any free trial option for its trading challenges. a fee is required to participate. Is Pro-tix.com Legit?

What is the “Consistency Rule” mentioned by Pro-tix.com?

The “Consistency Rule” typically means a trader’s profit should be consistent across trading days or weeks, preventing reliance on single, large trades to pass the challenge.

Specifics are usually detailed in their full terms.

Can I trade any financial instrument with Pro-tix.com?

Pro-tix.com’s website mainly references “markets” and “automated strategies,” implying general financial instruments like Forex, indices, or commodities, but does not explicitly list the available assets for trading.

What are the ethical concerns with Pro-tix.com from an Islamic perspective?

From an Islamic perspective, concerns include the gambling-like nature (maysir) of the non-refundable challenge fees, the potential involvement of interest (riba) through leveraged trading and swap fees, and the excessive uncertainty (gharar) inherent in highly speculative trading models.

What are some ethical alternatives to Pro-tix.com for financial growth?

Ethical alternatives for financial growth include investing in Shariah-compliant equity investments, engaging in real estate, starting or investing in halal small businesses, developing valuable professional skills through education, and pursuing freelancing or e-commerce endeavors, all of which focus on real economic value creation and ethical transactions. Pro-tix.com vs. Ethical Alternatives

0.0
0.0 out of 5 stars (based on 0 reviews)
Excellent0%
Very good0%
Average0%
Poor0%
Terrible0%

There are no reviews yet. Be the first one to write one.

Amazon.com: Check Amazon for pro-tix.com FAQ
Latest Discussions & Reviews:

Leave a Reply

Your email address will not be published. Required fields are marked *