League Handbook

Prop League is a performance-verification, league-ranking and talent-discovery platform for prop traders and prop firms. It creates a persistent record from eligible trading activity, ranks that record under published competition rules and gives firms a structured way to identify emerging trading talent.

Prop League is not a prop trading firm, broker, exchange, investment adviser or custodian. It does not place trades, move money, issue funded accounts or decide whether a trader should buy or sell a financial instrument.

A trader may build one verified career record while appearing in different competitions. Each competition answers a distinct question and therefore uses a distinct entry and scoring model.

Sim League

Monthly points on one nominated evaluation or sim-funded account, in three divisions

Live League

P&L from one active locked live-funded account at a time

Prop League

Equal-weighted percentage return across a firm’s ten-trader team

This handbook is the public operating reference. The Terms & Conditions, Privacy Notice and any dated competition notice shown in the product also apply. A notice may set dates, deadlines and operational details, but it cannot silently replace a material scoring or eligibility rule in this handbook.

Material rule changes are versioned, dated and applied prospectively. Prop League will not retroactively alter a completed result merely to create a different competitive outcome. Confirmed data errors and technical defects may be corrected so the rule already in force is applied accurately.

A Verified Trader Profile is the trader’s persistent identity across supported prop firms. Results are organised under one public handle so changing firm or connection provider does not create a clean slate or fragment the trader’s career history.

Handles are public by default. A legal name is not made public unless the trader chooses to display it or disclosure is required to complete a firm relationship, investigate an integrity issue or comply with law.

Source-verified performance is received through a supported, authorised connection and processed under Prop League’s account and scoring rules. Screenshots, edited statements and manually entered results are not used to establish a league standing.

An eligible result that has entered a competition remains part of the relevant season record. Closing an account, changing a handle, leaving a firm or revoking a connection does not erase performance already recorded. Corrections are logged and are made only where the source data or its classification was wrong.

Closing a Prop League account disables future access, connections and participation; it does not rewrite completed standings. The public profile is marked inactive. If data law requires removal of the public handle, the historical result may be anonymised rather than deleted.

Prop League requests only the access needed to identify eligible accounts, receive trading activity and calculate performance. Prop League does not invoke functions that place an order, change a position or withdraw funds. A provider-issued credential may technically carry broader permissions and must still be protected.

A connection may use OAuth, an API credential or another provider-supported method. The exact data available varies by provider, so an account is not admitted until it satisfies the verification rules for that connection type.

Prop League classifies each connected account by its actual funding stage. Every counted account, evaluation, sim-funded or live, feeds the Prop Rating. An evaluation or a funded account that still trades simulated capital can be nominated for the Sim League; a funded account trading live capital is eligible for the Live League.

A connection must remain available while an account is active. If a trader deliberately revokes, disables or prevents verification of a connection, every active eligible account on that connection is treated as blown. The classification applies whether the connection contains one account or several and cannot be avoided by closing the Prop League profile.

Prop League will perform a final reconciliation where source data remains available. Results and scoring history already recorded remain permanent. A later reconnection does not reset the career record or restore a run that was correctly classified as blown.

Provider outages, scheduled maintenance and expired tokens not caused by the trader do not automatically count as a blown account. The connection is placed under review and the trader normally has 72 hours to restore access. Deliberate interference, selective disconnection or repeated suspicious failures may remove that grace period. An incorrect classification can be appealed within seven days.

The Prop Rating is the platform’s universal quality score: one score from 0.00 to 0.99 built from the trader’s last 365 days across every counted account — evaluations, sim-funded and live, every firm. Activity older than 365 days leaves the window, and only trading after an account was connected counts. Accounts are measured against their size; an account without a known size does not count, and the trader sees “Rating pending: account size needed”. The rating is a score, not a probability, and is always shown with its record, for example “0.62 · 140 trading days”.

The rating combines two chances. A trading day is any day with at least one trade on any account, or a blow; n is the number of trading days. A day’s result is the total P&L after fees across all open accounts divided by their total size, whether or not each account traded, so copied trades change nothing and an idle account can only dilute the result.

Edge

The chance that the trading finishes a month (21 trading days) up: Φ(√21 × s), where s is the average day ÷ the swing, scaled by n ÷ (n + 40); the swing is the sample standard deviation of day results, never less than 0.1% of account size

Survival

The chance of getting through a month without blowing an account: exp(−21 × (B + 1) ÷ (n + 40))

Prop Rating

√(Edge × Survival), capped at 0.99

Blows (B)

A funded or live blow counts 1, an evaluation blow ½; a withdrawal counts as a blow; several blows on one day count once; an outage, a pass, a move to live and a normal close are not blows

New trader

0.54 for everyone (Edge 50%, Survival 59%)

A trader has no rating before 5 trading days. From 5 trading days the trader sees their own rating privately; from 20 trading days the rating and its band are public, displayed wherever the trader appears and read by firms in the Transfer Market. The full public explanation, worked examples and a calculator are published at propleague.com/rating. Under 60 trading days the rating is provisional. Bands use exact values, not the rounded figures on screen.

Elite

Edge and Survival both 60% or more; a month actually made (average day × 21) of +0.4% or more; at least 60 trading days; up over the 365 days; a funded or live account still running or moved to live

Contender

A rating of 0.40 or more and up over the 365 days

Emerging

Everyone else

Rating settings are published and frozen throughout a season. Prop League reviews them only between seasons, using certified league data and a versioned changelog.

The Sim League is the open, free proving ground. A trader opts in and nominates one evaluation or sim-funded account, connected through a supported provider and linked to a recognised prop firm. Live accounts play in the Live League. A trader competes in one official league at a time. Entering Live ends Sim participation. Once the Live account closes or blows, the trader may return to Sim; their previous results remain in their history, not both current rankings.

The nomination locks before each session. Any change, including a replacement after a blow, applies from the next CME trading day; replacements are unlimited.

Each trading day, the nominated account’s P&L after fees earns or loses points. Points are whole: the leftover carries forward as progress to the next point, and a losing day comes off progress first. A day without trades scores 0. A blow counts that day’s loss within the cap, and nothing else. After passing an evaluation, a nominated funded account scores at funded rates. Monthly totals can go negative.

Evaluation

+1 point per $500 gained, −1 per $500 lost; daily cap +10 / −10

Sim-funded

+1 point per $200 gained, −1 per $500 lost; daily cap +25 / −10

Public feature

Top 100 traders

Transfer Market

Open all year round to the current Division 1 top 100

There are three divisions, sized as a share of active traders: Division 1 the top 10%, Division 2 the next 30% and Division 3 the other 60%. Everyone starts in Division 3. At each month end the bottom 20% of Divisions 1 and 2 drop one division, and the places freed are filled from the top of the division below. At start-up, the first month fills Division 2 and the second fills Division 1.

Promotion needs you to be up for the month (net P&L above zero) and to have at least one trading day in every Monday–Friday week of the month; a part-week at the start or end with fewer than 3 trading days is exempt. A trading day is one on which the nominated account made or lost at least 0.1% of its size, or blew. A trader with no trading days in the month drops one division, on top of the normal relegation. There is no other activity penalty. To win a prize you must also be up for the month, whatever your points.

Prizes are sponsored by partner firms and set before each month starts: per division, the number of prize places and what each place wins at each Prop Rating band, using the band at the month-end snapshot. The default prize types are a funded or live offer in Division 1, a funded account in Division 2 and an evaluation in Division 3. The Prop Rating sets the size of a prize; it never changes league points or places.

Within a division, traders are ranked by their month’s total. Equal points are resolved by progress towards the next point, then by the trader who first achieved the final tied result.

The Live League is reserved for verified live-funded accounts. A trader designates one eligible account as their locked entry. Parallel live entries are not permitted, and a lock cannot be moved simply because another account is performing better.

The locked account’s post-entry P&L solely determines the trader’s current Live League standing. The trader cannot switch voluntarily while that account remains active merely because another account is performing better.

If the account is confirmed blown, that run closes and remains permanently visible in the career record. The trader may then enter another eligible live-funded account held with a different supported firm. The new run starts from zero and becomes the only run used for the active standing; it is not combined with the previous run. Only one Live League account may be active at any time.

Entry

One verified live-funded account at a time

League measure

P&L from the current active locked run

Public feature

Top 100 traders

Transfer Market

Final year-end top 100; 1–7 January

Live capital is scarce and controlled by the funding firm. That real-world gate creates friction that does not exist across a large set of sim-funded accounts. The Live League therefore measures the quality of a single verified run across the whole season rather than a month at a time.

Equal Live League P&L is resolved in this order:

1. lower maximum drawdown;
2. more profitable trading days; then
3. the trader who first achieved the final tied result.

Prop League is the firm-versus-firm competition. Approved prop firms field an official team of ten verified traders and are ranked by the equal-weighted percentage return produced by that team during the season.

Team

10 verified traders per firm

Scoring

Average of 10 equally weighted percentage returns

Substitutions

One monthly, February–November; none in December or January

Minimum starting balance

$10,000 for each counted account

Every team trader must have an eligible, source-verified account designated for team scoring. The account must have a starting balance of at least $10,000 when its scoring window opens. A trader cannot occupy two official firm teams at the same time.

Each eligible team account is measured against its verified starting balance. Each trader’s percentage return carries equal weight and the team score is the average of all ten returns. A larger account therefore does not carry more influence than a smaller eligible account. Corrections to source data flow through to the team score.

A firm may make one substitution in each calendar month from February through November. No substitution is permitted in December or January, and unused monthly substitutions do not accumulate. A substitution changes the active team prospectively; it does not erase the outgoing trader’s verified career record or rewrite activity recorded before the change took effect. The incoming trader begins contributing at the official change time. A vacant team place does not reweight the remaining traders or create replacement performance.

Equal team returns are resolved in this order:

1. lower average maximum drawdown across the ten traders;
2. more profitable traders in the team; then
3. the team that first achieved the final tied result.

If a required metric is genuinely unavailable for either team, that metric is skipped and the next tie-break is applied.

Rankings are calculated from eligible source data under the rules of the relevant competition — the Sim League by points, the Live League by the active run’s P&L, the Prop League by team return. The public Sim and Live League features each present the top 100 with the verified metrics used to understand that competition. Prop League publishes the official firm table and the verified team information needed to understand each standing.

A connected account may appear as qualifying, pending review, withdrawn or unranked before it contributes to a public position. These states distinguish a verified but incomplete record from an eligible ranked result; they are not discretionary performance scores.

Ranking, eligibility and top-100 visibility are produced by published rules, not an artificial-intelligence assessment. Firms make their own human decisions about profile views, shortlists and offers. Prop League can explain the principal data and rule that produced a standing or eligibility status.

A user may request human review of a data, classification, eligibility or calculation error. A reviewer may correct a confirmed error, but will not change a result simply because a user dislikes the published outcome.

Rankings update on the published processing schedule and may change when a delayed provider record, classification review or confirmed correction is processed. Corrections are recorded so dependent profile, ranking and team results remain consistent.

The Transfer Market turns verified league performance into a structured talent-discovery process, with two routes in. The Sim League market is open all year round: while Division 1 is open, traders in the current top 100 of the month’s Division 1 standings are discoverable and approved firms may offer them live-funded accounts at any time. The Live League market is open from 1–7 January for traders who finished in the top 100 of the final year-end Live League standings. There are no wildcard places. The Sim Cup has been removed from the Platform.

Eligibility makes a trader discoverable; it does not guarantee a profile view, shortlist, offer, funded account or place on a Prop League team.

During the seven-day window, eligibility ends if the trader opts into the new Live League season, becomes ineligible, is suspended or leaves the Platform. The historical qualification remains part of the career record.

Approved firms can compare eligible verified profiles, add traders to an internal shortlist and send an offer through the platform. Firms may not scrape, bulk export, sell or use talent data for unrelated marketing or off-platform contact without permission.

An offer must identify the firm and set out the proposed account size, profit split, any sign-on bonus, team place, material conditions, expiry and further checks. The trader may accept, decline or let the offer expire; counter-offers are not supported.

A trader may accept one compatible team offer for a season. Acceptance closes incompatible outstanding offers and creates an official team registration, subject to final eligibility and firm checks. The trader is committed to that firm’s team for the season unless Prop League approves an exceptional change.

An offer or registration may be invalidated for fraud, ineligibility, firm non-payment or a material rules breach.

An accepted offer creates a relationship directly between the trader and the firm under the firm’s contract. Prop League facilitates the introduction and records the platform outcome; it does not guarantee the firm’s obligations, trader earnings, account availability or the suitability of the agreement.

Traders and firms are responsible for reviewing the final contract, legal position, tax treatment and regulatory status that apply to them before entering the relationship.

Users must not attempt to:

• connect an account they do not own or control;
• misrepresent an account’s firm, funding stage or balance;
• manipulate, duplicate or selectively suppress source data;
• use coordinated accounts to manufacture a misleading result;
• exploit an error or withhold information that changes eligibility;
• misuse talent-discovery data or submit a misleading firm offer;
• evade a suspension, team restriction or scoring window; or
• interfere with the platform, a provider connection or another user.

Prop League may place a result, profile, connection or offer on hold while it checks eligibility, identity, source data or suspected abuse. A hold is not itself a finding of misconduct. Where practical, the affected user will be told what is being reviewed and what information is required.

Prop League may require evidence, correct a classification, remove an ineligible result, restrict access, adjust a standing, disqualify an entry, remove talent-discovery access, suspend or permanently exclude a user, withdraw firm approval or invalidate an offer or team registration. Measures are proportionate to the issue. Fraud findings, permanent exclusions and equivalent serious sanctions receive human review.

A user may request review of a classification or calculation by providing the relevant account, provider and date range. Prop League may obtain source evidence from the connection provider or firm. A confirmed correction is applied consistently to the trader record, league standing and any dependent team result.

An appeal must normally be submitted within seven days of the decision. Where practical, a different reviewer considers the appeal. Obvious calculation or source-data errors may be corrected at any time. Review requests should be sent to support@propleague.com. Contract disputes between a trader and firm must be handled under their own agreement, although Prop League may preserve relevant platform records.

Prop League administers eligibility, account classification, standings, team records and integrity reviews. It may update a technical process where a provider or market structure changes, provided the competitive principle and treatment of existing results remain fair and transparent.

Each season has a dated, versioned handbook. A normal material change receives at least 30 days’ notice and applies from the next season unless it benefits users without disadvantaging others. Immediate changes are reserved for law, security, provider failure or competition integrity and will be documented with the reason and effective time. Fixing a defect so the existing rule works as written is not a new rule.

Dates, cut-offs and administrative deadlines may be updated before the relevant deadline with reasonable notice. Prop League keeps archived handbook editions so the rule governing a prior result can be identified.

Career record

The persistent history of eligible, source-verified results associated with a trader profile.

Funded account

An account that has passed the firm’s evaluation and is classified by the provider as sim-funded or live-funded.

Locked entry

The single live-funded account designated to represent a trader’s current Live League run.

P&L

Profit and loss calculated from eligible post-entry activity under the connection’s available source data.

Points

The Sim League ranking measure: whole points earned each trading day on the trader’s one nominated account, summed for the month, with progress to the next point carried forward.

Prop Rating

The trader’s universal quality score, from 0.00 to 0.99, built from the last 365 days across every counted account. It combines two chances — Edge, that the trading finishes a month up, and Survival, that the trader gets through a month without blowing an account — and equals √(Edge × Survival). Private after 5 trading days; public, with its Elite, Contender or Emerging band, after 20; provisional under 60.

Scoring window

The defined period during which eligible activity contributes to a result. A disconnect closes the current window.

Source-verified

Received and classified through an authorised supported connection rather than submitted manually by the user.

Transfer Market

The platform process through which approved firms discover, shortlist and send offers to eligible traders. Open all year round to the current Division 1 top 100 of the Sim League, and from 1–7 January to the final year-end Live League top 100.

Team registration

The official record placing an eligible trader in one firm’s ten-trader team for a Prop League season.