Profitex is a prop trading firm that launched in 2023, backed by the Melbourne-based fintech company PropTradeTech. It runs a single-step evaluation with no time limit, using Eightcap’s DX Trade platform for both evaluation and funded trading.
Company Overview
PropTradeTech, Profitex’s parent company, builds the onboarding and account-management tooling behind several prop trading brands, including Profitex, FundedPrime, and Focus Funded. Profitex itself sits on top of Eightcap’s broker infrastructure rather than running a fully independent platform.
Account Terms
The single-step evaluation has a 10% profit target with no deadline. Account sizes range from $15,000 to $200,000, with entry fees starting around $129 and rising to roughly $1,400 for the largest account. Leverage is capped at 1:30, and risk limits include a 7% daily loss cap, a 10% overall loss cap, and a 10% maximum trailing drawdown.
Withdrawals and a Point Worth Knowing
Withdrawals are handled via bank transfer or crypto, with round-the-clock support. One detail worth flagging for comparison purposes: trading on Profitex, both during evaluation and after funding, takes place on demo accounts rather than live accounts executing directly in the market.
