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Frequently Asked Questions

Find quick answers to common questions about our crypto prop trading challenges, funded accounts, and platform features.

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Frequently Asked Questions

Find answers to all your questions about Whale Prop's crypto prop trading challenges, funded accounts, payouts, and trading requirements.

1
Getting Started(5 questions)

2
Account Eligibility & Registration(5 questions)

3
1-Step Challenge(4 questions)

4
2-Step Challenge (Regular & TNPL)(5 questions)

5
Risk Management & Drawdown Rules(6 questions)

6
Trading Requirements & Minimum Days(7 questions)

7
Funded Account(6 questions)

8
Payouts & Withdrawals(8 questions)

9
Scaling & Account Growth(6 questions)

10
Trading Rules & Prohibited Activities(6 questions)

11
News Trading Policy(4 questions)

12
Platform & Technical(7 questions)

13
Support & Dispute Resolution(5 questions)

14
Data Protection & Privacy(4 questions)

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Can't find the answer you're looking for? Our support team is here to help with any questions about challenges, funded accounts, or platform features.

Frequently Asked Questions

Frequently Asked Questions

1Getting Started(5 questions)

What is Whale Prop?

How do I get started with Whale Prop?

Who can join Whale Prop?

Do I need experience to join?

What cryptocurrencies can I trade?

2Account Eligibility & Registration(5 questions)

What is a Humb ID and why do I need it?

What do I need to register with Whale Prop?

Do I need to complete KYC immediately?

What countries are restricted?

What is the minimum age requirement?

31-Step Challenge(4 questions)

What are the 1-Step Challenge requirements?

What is the maximum drawdown for the 1-Step Challenge?

How long do I have to complete the 1-Step Challenge?

What happens after I pass the 1-Step Challenge?

42-Step Challenge (Regular & TNPL)(5 questions)

What are the Phase 1 requirements for 2-Step Challenge?

What are the Phase 2 requirements for 2-Step Challenge?

What's the difference between Regular and TNPL 2-Step Challenges?

How is the maximum drawdown calculated in Phase 1 vs Phase 2?

Can I fail Phase 2 and restart from Phase 1?

5Risk Management & Drawdown Rules(6 questions)

What is the daily drawdown limit?

How is the daily drawdown calculated?

What is the maximum drawdown limit for 2-Step challenges?

What is the maximum drawdown limit for 1-Step challenge?

Does the maximum drawdown trail as I make profits?

What happens if I breach the drawdown limits?

6Trading Requirements & Minimum Days(7 questions)

What counts as a trading day?

How many minimum trading days are required?

Do I need to trade every day?

What are the consistency requirements?

What happens if I trade minimal lots to meet the minimum days?

What is the TNPL Trading Stability Score requirement?

Can I hold positions over the weekend in my challenge or funded account?

7Funded Account(6 questions)

What are the funded account requirements?

How quickly do I get funded after passing the challenge?

Is there a profit target for funded accounts?

Are there position size limits on funded accounts?

Are stop losses mandatory on funded accounts?

How many minimum trading days before my first payout?

8Payouts & Withdrawals(8 questions)

What is the profit split?

What is the minimum withdrawal amount?

How are payouts processed?

What are the withdrawal requirements?

How many minimum trading days before my first payout?

What is the payout frequency?

How long does the payout process take?

Is there a maximum payout limit?

9Scaling & Account Growth(6 questions)

Can my account be scaled up?

What are the scaling criteria?

How much can my account scale?

How do I request scaling?

Does my profit split change when I scale?

Are there performance reviews for scaled accounts?

10Trading Rules & Prohibited Activities(6 questions)

What trading activities are prohibited?

Can I use trading bots or automated systems?

Can I share my account with others?

Is copy trading allowed?

What happens if I violate trading rules?

What professional standards are expected?

11News Trading Policy(4 questions)

Can I trade during news events?

What if I don't have the news trading add-on?

How do I know when high-impact news is scheduled?

What happens if I trade during restricted news times without the add-on?

12Platform & Technical(7 questions)

What platform do I use for trading?

What are the technical requirements?

What leverage can I use?

What order types are available?

1
Getting Started(5 questions)

2
Account Eligibility & Registration(5 questions)

3
1-Step Challenge(4 questions)

4
2-Step Challenge (Regular & TNPL)(5 questions)

5
Risk Management & Drawdown Rules(6 questions)

6
Trading Requirements & Minimum Days(7 questions)

7
Funded Account(6 questions)

8
Payouts & Withdrawals(8 questions)

9
Scaling & Account Growth(6 questions)

10
Trading Rules & Prohibited Activities(6 questions)

11
News Trading Policy(4 questions)

12
Platform & Technical(7 questions)

13
Support & Dispute Resolution(5 questions)

14
Data Protection & Privacy(4 questions)