PropXP has opened registration for its latest trading tournament, giving traders an opportunity to compete for challenge accounts worth up to $200,000 for an entry fee of just $14.99. Running from November 16 to 30, the competition combines trading-based rewards with consumer electronics prizes, offering an alternative route for traders looking to access the firm’s funding programs without purchasing a regular evaluation upfront.
The top three participants will receive a Beats Pill speaker alongside challenge account prizes. Registration is available through the PropXP trading dashboard.
PropXP Trading Tournament Offers $200K Prizes
The November tournament will run for 15 days, with participants competing in a simulated trading environment. The entry fee is $14.99, and traders must register through the dedicated competition section of their PropXP dashboard.
The prize structure extends beyond the top three positions. According to the published tournament details, challenge accounts are distributed across multiple leaderboard positions, with the first-place prize reaching $200K. The additional Beats Pill rewards give the leading participants another incentive beyond access to the firm’s evaluation programs.
Importantly, these prizes are challenge accounts rather than direct cash payouts or immediately funded capital. Winners will still need to meet the applicable evaluation requirements before qualifying for a funded account.
Why the $14.99 Entry Fee Matters
The relatively low registration cost makes the tournament an accessible opportunity for traders who want to compete for larger account evaluations without paying the standard challenge price. PropXP’s regular funding programs include One-Step, Two-Step, and Instant Funding options, with account sizes reaching $200K.
This structure also serves as a customer acquisition strategy. Rather than relying entirely on discounted challenge purchases, tournaments introduce traders to the firm’s trading environment through a competitive format. For participants, the potential benefit is access to a larger evaluation account at a fraction of its normal purchase price.
However, traders should approach the leaderboard with a clear risk strategy. Competitive trading can encourage excessive position sizing as participants attempt to improve their rankings. A short tournament window makes disciplined execution particularly important, especially when simulated performance is being compared against other participants.
Registration Open Until the Tournament
The November 16–30 competition gives traders a defined window to demonstrate their trading abilities. Before entering, participants should review the official tournament rules, eligibility conditions, ranking criteria, and prize requirements. The announcement confirms that simulated trading applies and that tournament rules govern participation.
For traders considering PropXP, the competition provides another way to explore its funding ecosystem without committing to a full-priced evaluation.
Looking for more value? Check the PropXP review on Forex Prop Reviews and use code FOREXPROPREVIEWS for 20% off eligible challenges.
