Frequently Asked Questions:
Props are companies that provide capital for traders, but since this market is very risky and the company’s capital is real, the trader must first prove to us the type of trade and risk of his work so that we can provide the requested capital and pay 80% of the profit to the trader.
Arken Prop is looking to recruit and hire low-risk and profitable traders.
To start, enter the plans section and select your plan. After reading the rules, buy your plan. After a few hours, the username and password of the first challenge trading account will be emailed to you.
You can deposit the challenge amount in two ways Through Tether, which you have to register in an Iranian exchange such as Arken Exchange and after converting Rial to Tether, send Tether to our wallet address and buy the challenge. Second, through the Rial bank gateway for Iranian clients, who can make the purchase directly through their bank account. Clients from India, UAE and Turkey can make the purchase through Tether. Soon the bank gateway for these friends will also be activated.
The account analysis systems are not activated in the user panel due to the bugs they have. Unfortunately, they do not give you accurate data, but the Arken programming team is designing a specialized panel for this collection. Currently, you can check your account with your own MetaTrader system, which you can watch the tutorial video in the blog section.
Before sending the account username and password to the email, you can change it through the ticket and online support After creating the account and sending it, there is no possibility of change.
After buying the challenge, you have 30 calendar days to make your first trade, otherwise after 30 days your challenge will be canceled and there will be no refund.
The number of trading days is said to open a position on the day and it does not matter when it closes For example, today you open a position and this position closes after 4 days. This is only one trading day.
We have no time limit in the real account and you can not trade for a while, but because we put real money in front of your account in the global market, if you do not intend to trade for more than 30 working days, please notify the support by ticket so that our company does not suffer from this lack of trade.
Any valid document is acceptable for verification, such as passport, national card, driver’s license
After buying the challenge and in the second challenge, the duration of your challenge will be calculated from the first trade that is done. So by taking the date of the first trade, you can calculate the end date according to the rules of the site.
The amount of loss of all open trades together, even if your stop loss is not activated, if it is high and more than the rules of gambling trades, it will cause you to lose the challenge. Equity is your floating balance that is displayed in MetaTrader when positions are open.
After 20 days from the first trade on your real account, you can request a withdrawal of money in the personal cabin of the site. After the first withdrawal, you can register the next requests on the dates specified in the rules of the site. The requested profit will only be deposited to you in Tether. And you have to register your wallet address in the withdrawal request section.
When you have completed both stages of the challenge and the real account has been sent to you 20% of the plan payment amount will be paid to you as a reward for reaching the real account The return of the plan payment cost will be returned to you at the time of the first profit withdrawal.
The method and type of position management is not important for us, you just have to not violate the rules of drawdown and gambling trades. But because experience has shown that not having a stop loss causes many accounts to be lost, we recommend putting a stop loss.
It is not possible to merge 2 or 3 accounts during the challenges, but when the accounts are converted to real, you can send a request for merging to the support How is the drawdown calculated? The basis of the drawdown calculation is the balance at the beginning of the day (zero hour of MetaTrader).
The basis for calculating the drawdown is the balance at the beginning of the day (zero hour of the MetaTrader).
Yes, there is no limitation on using a robot if you follow the rules. If needed, you have to provide the source code of the robot to the collection.
No, you are allowed to use any type of trading strategy if you follow the rules.
Yes, you can trade with scalping strategy in the challenges and real accounts.
No, you do not need to close your open trades at the end of the day or week, trades are holdable.
No, you can trade with any volume as long as you do not violate the rules of … percent of engaging the account in trades.
There is no limitation on buying challenges and receiving accounts.
Copying trades between personal accounts of one person is allowed, but copying trades between accounts of different people is not allowed.
You have … days after receiving the accounts to start trading. And from your first trade, the legal time for accounts with time limitation will be calculated.
Silver plan 6000: $60
Silver plan 1500: $120
Silver plan 25000: $157
Silver plan 50000: $315
Gold plan 6000: $72
Gold plan 15000: $130
Gold plan 25000: $175
Gold plan 50000: $329
All accounts will be checked after registering a ticket in order of priority of ticket registration, but if you need to check faster, register a ticket and write all the details, including username and password of MetaTrader and email and order number in the ticket.
Tickets will be answered within one working day after registration.
The challenge accounts that are provided to you as demo are registered by Arken Prop company and you do not need to open an account or register in the broker from your side.
Yes, after passing the challenges successfully, the account you receive is real.
No, you can only use one of the conditions listed on the site and pass the challenges.
If you get the result …, it will be added to your account.
The account information will be emailed to you within 24 hours after purchase
Be sure of the correctness of the email address entered in your user panel, if the email address is correct, check the spam folder.
The IT team is currently working on our specialized analysis panel, which will be activated on accounts in the near future.