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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.

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):

  • Gladiator Light: Available for Intraday, EOD, and Swing Futures accounts. Qualifying Benchmarks 2–7 trigger automatic simulated payouts, while Benchmark 8 triggers Real Prop transition review.

  • Gladiator Forge: Available for Intraday and EOD Futures accounts only. Qualifying Benchmarks 2–6 trigger automatic simulated payouts, while Benchmark 7 triggers Real Prop transition review.

How the program works

  • Purchase a Gladiator evaluation account. Choose Stocks or Futures, Gladiator Light or Gladiator Forge (where applicable), Intraday, EOD, or Swing.

  • Trade within the account's rules and risk limits. Every account has a trailing drawdown, an MAE limit per trade, a daily loss limit (Gladiator Forge).

  • 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 Light Futures (Payout Account), qualifying Benchmarks (2–7) trigger automatic simulated payouts while building a track record for Real Prop consideration.

    • On a Gladiator Forge Futures (Payout Account), qualifying Benchmarks (2–6) trigger automatic simulated payouts while building a track record for Real Prop consideration.

    • Simulated payouts are typically issued within 72 hours of benchmark recording and compliance approval.

    • 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.

  • Gladiator Light Futures accounts use up to 8 Benchmarks on a single account.

  • Gladiator Forge Futures accounts use up to 7 Benchmarks on a single account.

  • Gladiator Stocks accounts use up to 8 Benchmarks on a single account.

  • Benchmarks across multiple accounts do not combine.

Gladiator Futures (Payout Account) at a glance

Gladiator Light:

  • Benchmark 1: triggers a full compliance and KYC review. No payout is issued at Benchmark 1.

  • Benchmarks 2–7: trigger automatic simulated payouts issued within 72 hours of benchmark recording and compliance approval.

  • Benchmark 8: triggers an automatic review for Real Prop transition consideration under the Real Prop Trading Agreement (RPTA).

Gladiator Forge:

  • Benchmark 1: triggers a full compliance and KYC review. No payout is issued at Benchmark 1.

  • Benchmarks 2–6: trigger automatic simulated payouts issued within 72 hours of benchmark recording and compliance approval.

  • Benchmark 7: triggers an automatic review for Real Prop transition consideration under the Real Prop Trading Agreement (RPTA).

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.

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