Skip to main content

How does PropShopTrader work?

Overview of the PropShopTrader program: how evaluation works, how Benchmarks are earned, and how traders progress from Gladiator to Real Prop.

Updated this week

Overview

PropShopTrader is a multi-asset proprietary trading firm offering stocks and futures evaluation programs. Traders begin in the Evaluation phase, build a verified track record through Benchmarks, and may then progress to the Real Prop phase if they meet the firm's trading, risk, and compliance standards.

PropShopTrader uses two account asset classes:

  • Gladiator Stocks accounts run on the Signing Bonus model. Traders who complete the required Benchmarks and are approved for Real Prop receive a Signing Bonus when they sign the Real Prop Trading Agreement.

  • Gladiator Futures (Payout Account) accounts run on the automatic Simulated Payout model during Evaluation. Traders earn simulated payouts as each qualifying Benchmark is recorded, and a successful trader transitions into Real Prop under the Real Prop Trading Agreement (RPTA). There is no signing bonus with Futures accounts.

Both paths use the same Benchmark framework, the same risk controls, and the same Tickblaze trading platform.

How the program works

  • Purchase a Gladiator evaluation account. Choose Stocks or Futures, Intraday or Swing, and the account size that fits your risk tolerance.

  • Trade within the account's rules and risk limits. Every account has a trailing drawdown, an MAE limit per trade, and either a daily (Intraday/EOD) or weekly (Swing) profit target.

  • Earn Benchmarks on a single account. Benchmarks are performance milestones that show sustained, disciplined trading. Benchmarks from different accounts do not combine.

  • Progress through the ladder

    • On a Gladiator Futures (Payout Account), qualifying Benchmarks (2–7) trigger automatic simulated payouts within 72 hours of the benchmark recording and compliance approval while building a track record for real prop consideration.

    • On a Gladiator Stocks account, Benchmarks build your track record toward Real Prop consideration.

  • Move to Real Prop. A trader who completes the full Benchmark ladder on a single account and passes compliance review is advanced to Real Prop under the Real Prop Trading Agreement. Real Prop traders start at an 80/20 split that can scale up to 90/10 as the account grows.

What Benchmarks mean

Benchmarks are the performance milestones used during Evaluation to measure structured consistency. Up to 8 Benchmarks on a single account are used to chart a trader's progress, and Benchmarks across multiple accounts do not combine. Each Benchmark is earned by reaching the Benchmark profit target while meeting the account's qualifying-day requirements and staying inside all risk and compliance rules.

Gladiator Futures (Payout Account) at a glance

  • Benchmark 1: triggers a full compliance and KYC review. No payout is issued at Benchmark 1. Benchmark 1 exists so that the firm can confirm the trader's identity, KYC, and risk profile before any funds are committed.

  • Benchmarks 2–7: trigger an automatic simulated payout that is issued within 72 hours of the benchmark being recorded and compliance approval.

  • Benchmark 8: triggers an automatic transition to Real Prop under the Real Prop Trading Agreement (RPTA). Benchmark 8 is a transition milestone, not a cash-paying milestone.

Gladiator Stocks at a glance

  • Similar to Gladiator Futures - Traders purchase an evaluation account, earn Benchmarks, and remain in the evaluation phase until they are approved for Real Prop.

  • On approval and execution of the Real Prop Trading Agreement, a Signing Bonus is released based on the account size.

  • From there, the trader is in Real Prop and becomes eligible for ongoing payouts under the active Real Prop structure.

  • There are no payouts issued per benchmark in this program.

What happens in Real Prop

When a trader is advanced to Real Prop:

  • The Evaluation agreement (Gladiator contract) concludes.

  • The Real Prop Trading Agreement (RPTA) is issued and must be executed before Real Prop trading begins.

  • For Stocks traders, the Signing Bonus is released in two parts (50% on execution of the RPTA, 50% across the first two Real Prop payouts).

  • The trader's payout split starts at 80/20 and scales toward 90/10 as the Real Prop account grows.

  • Real Prop payouts are processed monthly once all payout conditions are satisfied.

Important notice

Progression through the Benchmark ladder and to Real Prop is not automatic in every case. It remains subject to the firm's risk standards, compliance review, and KYC checks. PropShopTrader may update program terms, rules, or eligibility criteria at any time.

Did this answer your question?