4PropTrader
Dubai-based with no financial regulator disclosed anywhere, a mixed futures-plus-CFD offering, and a daily loss limit that consumes half the end-of-day drawdown band before the max even comes into play.
Not enough published data to simulate this firm’s floor.
Crossed one of the seven hard bars. Open the row and it names which one, with the mechanism spelled out. This is not a low grade — no quantity of virtue elsewhere buys it off, which is why it carries no rank at all.
Disqualified for
Trustpilot: fabricated-reviews warning
Trustpilot withholds the rating and serves a fabricated-reviews warning — a third party concluding the firm faked its own reviews. A low score is not this; every prop firm has angry traders. This is separate from having no legal entity: a firm can publish its registration number and still be caught doing it.
Scorecard
9Trails, but only freezes far above your starting balance
No entity named, or the licence belongs to someone else
Workable, but a cap or a waiting period bites
A stale marketing figure and nothing more
Reviews suppressed for manipulation, or the firm is gone
Each axis is scored 0–5 against a published scale. The line under each bar is the rung this firm landed on — not our summary of it, the scale entry itself.
The score is published anyway, because it is the honest picture: a firm can be strong on four axes and still be disqualified on one mechanism. A disqualifier is not a low grade — it is a rule we will not trade under at any price.
Trustpilot
score withheld by Trustpilot — this is the figure it computes but will not show
Trustpilot removed reviews it found to be fake and withheld the rating. This is not a low score — it is a third party concluding the firm wrote its own praise.
What this firm published
Everything below is quoted from a page we opened, on the date shown. The quotes are in the firm’s own language, exactly as published — never edited, never shortened, never swapped for a translation. On the Spanish edition our own rendering appears underneath each one, unquoted and marked as ours: the quotation marks on this site mean the words are the firm’s, and nothing we wrote ever wears them. Where we have not read enough to put a number on an axis, we say so instead of guessing.
2/5
Can you even pass?
Almost nobody who pays for an evaluation ever reaches a funded account, so this is the part of the product most customers actually buy. Every firm advertises its profit target; none of them advertises that target next to how much you are allowed to lose while chasing it.
2/5
Can you keep the money?
The drawdown takes the account away; the payout rules take the money. Answered by whichever of the two we can measure and is worse — they are two ways of losing the same thing, so a good half cannot pay for a bad one.
2/5
Is anyone behind it?
A named company, a market, and rules you could read before paying. These three do not substitute for one another — a company you can sue does not stop existing because the account is a simulation — so this is the average of the ones we could measure, not the worst.
How hard the test is
Not the profit target on the sales page — that target measured against the room you are given to reach it.
How much you must win to survivefor every $1 you are allowed to lose, you must make $1.22.40/8
“THE ADVANCED PROGRAM $50,000 PEAK86 €20.86 €149.00 Monthly Get Funded Includes Target: $3,000 Drawdown: $2,500 Reward Split: 95% Contracts: 5 Min. Trading Days: 5”A profit target only means something next to the room you are given to reach it. Ten per cent to make against ten to lose is a coin flip sold as an exam.
Days you have to finish30 days1.05/3
“Each evaluation account is valid for 30 days.”A deadline turns a test of skill into a test of whether the market happened to move during your month.
Trading days you must put in5 days1.60/2
“you must engage in trading activities for a minimum of five trading days, excluding weekends and holidays”Cuts both ways: it costs you time, and it also stops an account passing on one lucky afternoon you could never repeat.
A second attempt costsyou pay full price again0/2
“If you break a rule within your evaluation, you can reset the account at any time. (Reset-Fee $99).”A free second attempt turns one bad week into a delay instead of another invoice.
Profit target6%—
“THE ADVANCED PROGRAM $50,000 PEAK86 €20.86 €149.00 Monthly Get Funded Includes Target: $3,000 Drawdown: $2,500 Reward Split: 95% Contracts: 5 Min. Trading Days: 5”Maximum loss
The loss limit that closes your account. Does it sit still, or does it climb behind you as you win?
What makes the loss limit riseit rises with the day's closing balanceno change1.65/3
“The Pro Drawdown EOD is calculated dynamically at the end of each trading day.”“The Drawdown Loss Limit will increase by a predetermined increment as your account balance grows.”A limit that climbs takes back the cushion you already earned.
Where the limit stops risingat your starting balance3/3
“Once the Pro Drawdown EOD reaches your initial starting balance, it becomes fixed for the remainder of your evaluation.”The difference between a danger with an end date and one that never ends.
What the limit is measured againstlive equity, open trades includedno change1/2
“If your account balance touches or falls below this value, your evaluation account becomes ineligible for funding.”“Please make sure that your Account Balance does not reach or exceed the EOD Drawdown.”Decides whether a trade that dips and recovers can close an account that ended the day green.
What taking a payout does to the limitThey do not say.0/2
we read the page that should answer this and it does not
Taking your money out should not leave you closer to losing the account.
Daily limitThey state there is none.2.5%, measured on live equity, open trades included0.30/2
“ONLY FOR FUNDED ACCOUNTS To support consistent risk management and encourage sustainable trading practices, funded traders are subject to a Daily Loss Limit.”“For instance, if you're using a 50K account with an initial Drawdown Limit of $2,500, your Daily Loss Limit will be set at $1,250.”A generous percentage measured on live equity is not generous — it is the same number with a trapdoor under it.
Total loss allowed5%no change0.25/1
“THE ADVANCED PROGRAM $50,000 PEAK86 €20.86 €149.00 Monthly Get Funded Includes Target: $3,000 Drawdown: $2,500 Reward Split: 95% Contracts: 5 Min. Trading Days: 5”How much room you have. Worth little, because almost every firm offers the same.
Withdrawing
How much can leave the account, how soon, how often — and whether they can say no.
Withdrawals before the account endsThey publish no ceiling.3/3
we read the page that should answer this and it does not
The cap per withdrawal times how many they allow is the real size of the account. One plan here is sold on a $200,000 banner and closes after five withdrawals of $2,100.
What else a payout changesthe day count starts over · the consistency calculation starts over1.50/3
“Once a reward request is Rejected or Approved, all reward conditions must be fully met again before submitting a new request. This includes, but is not limited to: . Achieving at least four profitable trading days (these do not need to be consecutive),”The floor is not the only thing a withdrawal moves, and the rest of it is never on the same page. Position size, the consistency rule and the share you are paid all reset or shift at some firms, and a trader who checked only the drawdown finds out afterwards.
What breaking the consistency rule costsit delays the payout2.10/3
“Once a reward request is Rejected or Approved, all reward conditions must be fully met again before submitting a new request.”Weighted by what it costs, not by existing: reading plan by plan, no consistency rule ever closed an account — they postponed the withdrawal.
Can it refuse without giving a reasonyes — it reserves that right in writing0/3
“4PropTrader reserves the right to withhold or deny payouts if trading behavior is found to violate program guidelines or mimic gambling, abuse, or manipulation of the trading environment. All payout decisions made by our Compliance Department are final and not subject to appeal.”“We may decline for any reason” is not a rule, it is the absence of one — it makes every other number on this axis conditional on goodwill.
Days before you can ask for money4 days2/2
“Traders must have at least four profitable trading days before requesting a reward.”How long your money is theirs.
Most one withdrawal can pay you1.6% of the account, at worst0.50/2
“$10,000 account: up to $900 $25,000 account: up to $1,500 $50,000 account: up to $2,000 $100,000 account: up to $2,500 $150,000 account: up to $3,000 $250,000 account: up to $4,000”$2,000 is generous on a $25K account and a joke on a $200K one, so it is measured as a share and at the worst size sold.
Does that cap rise with the accountThey do not say.0/2
we read the page that should answer this and it does not
Profit required before the first request6%0.70/1
“$50,000 account Withdrawal Threshold: $3,000”How much you have to make before you can touch anything.
Fee charged to pay youThey do not say.0/1
we read the page that should answer this and it does not
What they charge you to pay you.
How you may trade
Can you trade the way you actually trade — around the news, over the weekend, at the size and speed you use?
Restriction around the newsThey state there is none.no change—
“There are no restrictions on trading news events during the evaluation and funded phase.”Mandatory stop-lossThey do not say.no change—
we read the page that should answer this and it does not
Minimum time a trade must be heldThey do not say.no change—
we read the page that should answer this and it does not
Forced close before the weekendnothing may stay open over the weekendno change—
“Ensure that all positions/orders are fully closed by 3:15 p.m. Chicago Time. The trading day commences at 5:00 p.m. Chicago Time and ends at 3:15 p.m. the following day (excluding holidays and weekends). It is prohibited to open any new positions/orders between 3:15 p.m. and 5:00 p.m. Chicago Time.”LeverageNo such thing in this plan.we did not read this stage—
“Futures and options trading has large potential rewards, but also large potential risk.”Limit on position size1 · 3 · 5 · 12 · 15 · 25we did not read this stage—
“| Beginner | $10K | $600 | $500 | 1 | 90 | | Basic | $25K | $1.5K | $1.5K | 3 | 110 | | Advanced | $50K | $3K | $2.5K | 5 | 139 | | Pro | $100K | $6K | $3.5K | 12 | 210 | | Exclusive | $150K | $8K | $5K | 15 | 270 | | Extreme | $250K | $10K | $6K | 25 | 370 |”No score here, on purpose. The six axes above ask whether the firm can take your money or refuse to pay it. These rules ask something else — whether you can trade your way — and the right weight depends on who is reading: a minimum holding time decides the account for a scalper and is invisible to anyone else, while the weekend rule is the reverse. A single number would be wrong for half of you, and would look decided. The firm’s own sentences are here; the judgement is yours.
How it grows
What makes the account get bigger, how big it can get, and whether the path ends at a real market or at a larger simulation.
What makes the account growThey do not say.—
we read the page that should answer this and it does not
How large it can get$250,000—
“Plans start at $10,000 and scale up to $250,000, with a 95% profit split and payouts within 48 hours.”Where the path endsat a larger simulation—
“All trading activities conducted on the 4PropTrader platform take place in a simulated or demo environment. Traders do not operate real brokerage accounts or access live capital.”One of these questions is scored and it is not here. “Does the cap rise with the account” sits on the cash axis, next to the cap itself, because it has a right answer: a bigger account that pays the same cheque has handed you a larger number and the same money. The three below are different. A two-million ceiling is the whole point of the product for one reader and irrelevant to someone who wants one clean payout, so the firm’s sentences are here and the weight is yours.
The rules in writing
Could you read the rule before paying, and can they change it afterwards?
Where the rule that binds you is publishedin a help-centre article the contract never mentions1.20/4
“Company will display the guidelines associated with its virtual trading education, training, and entertainment services on the Website.”If the rule that binds you lives in a help article your contract never mentions, you did not sign it.
Can it change the rules without noticeyes, and it says so0.60/3
“The company reserves the right to suspend, replace, modify, amend, or terminate this agreement at any time and within its sole and absolute discretion.”The clause that makes every dated verdict perishable, including ours. Near-universal, so not fatal.
Is the binding document datedThey do not say.0/2
we read the page that should answer this and it does not
Without a date you cannot tell whether the rule you read is the rule they apply.
Two official pages that disagree
the fees · costs money
“No. 4PropTrader uses a one-time payment model, there are no recurring monthly subscriptions.”“Some services, subscriptions, or access, as mentioned in Section 8 of this Agreement, may be paid for through monthly reoccurring billing. By agreeing to such monthly reoccurring billing, you authorize the company to charge your then-selected method of payment monthly.”the fees · costs money
“If you break a rule within your evaluation, you can reset the account at any time. (Reset-Fee $99).”“If you have violated any of the rules and wish to reset your balance, you can do so for a fee of $90.”whether the account reaches a real market · costs credibility
“We started 4PropTrader to break capital barriers — helping skilled traders access real funding and trade at scale.”“No live trading is provided directly by 4Proptrader.”The company behind it
If it goes wrong, which company do you claim against, and under whose laws?
The company you contract with4Proptrader FZ-LLCno change4/4
“Address : 4Proptrader FZ-LLC, 5842+632 Meydan - Nad Al Sheba 1 - Dubai - United Arab Emirates”With no named company there is nobody to sue.
Where it is registeredDubai, United Arab Emirates (Meydan Free Zone)no change1/2
“Address : 4Proptrader FZ-LLC, 5842+632 Meydan - Nad Al Sheba 1 - Dubai - United Arab Emirates”A claim in the Czech Republic and a claim in St Vincent are not the same claim.
Its registration numberThey do not say.no change0/2
we read the page that should answer this and it does not
What turns a name into something checkable in a public register.
That company owns the brandyes2/2
“Welcome to 4Proptrader ( Website ), owned, operated, or licensed by 4Proptrader ( Company ).”Signing with a company other than the brand’s owner separates who sold to you from who answers to you.
The people behind it are namedyes2/2
“CEO : Mazin Bachtiar Mustafa”Named people can be looked up. A company on its own cannot always be.
Almost no firm here has a financial regulator, because selling simulated evaluations is not a regulated activity anywhere. Of the 114 firms we scored by hand, 96 sat in the bottom two rungs of backing for this reason. So we do not count it against anyone — it only adds when a firm genuinely has one.
The market
Do your orders reach a market, or is all of it a simulation?
What the funded account issimulated, with no route to real capital0/4
“All trading activities conducted on the 4PropTrader platform take place in a simulated or demo environment. Traders do not operate real brokerage accounts or access live capital.”The question that separates a firm that earns when you lose from one that earns when you last.
Conditions to reach a real marketNo such thing in this plan.—
“All trading activities conducted on the 4PropTrader platform take place in a simulated or demo environment. Traders do not operate real brokerage accounts or access live capital.”Promising a route to a real market without publishing the conditions is promising nothing.
Almost none names a broker or a clearing house either, and that follows from the account being a simulation rather than being a second, separate failing. Charging for both would count one fact twice.
We read the rules of every plan it sells and issued a verdict on each one.