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Prop Firm Trading3 min read

How to Enroll in a Prop Firm Challenge

Step-by-step guide to selecting a prop firm, choosing your challenge, and enrolling with the right account size.

Enrolling in a prop firm challenge takes less than a minute. Here's how:

Step 1: Purchase the Challenge Mode Add-on Go to Dashboard → Subscription (or the Prop Firm page) and add the "Prop Firm Challenge Mode" add-on to your plan. This is a paid add-on — the fee is added to your monthly subscription and renews automatically.

Step 2: Navigate to Prop Firm Page Click "Prop Firm" in the dashboard sidebar. If you don't have an active challenge, you'll see the enrollment form.

Step 3: Select Your Prop Firm Choose your prop firm from the dropdown. PipsCrusher comes pre-loaded with FTMO, FundedNext, The5ers, MyFundedFX, and more. Each firm has its challenge rules pre-configured.

Step 4: Select Challenge Type Choose the specific challenge type offered by your firm (e.g., "Standard Challenge", "Aggressive", "Rapid"). Each type has different profit targets, loss limits, and rules.

Step 5: Select Account Size Pick the account size that matches your actual prop firm account (e.g., $10,000, $25,000, $100,000). This determines the dollar amounts for profit targets and loss limits.

Step 6: Enroll

Click "Enroll in Challenge". PipsCrusher will:

Snapshot your current risk settings
Apply prop-firm-safe defaults
Start tracking your challenge progress
Send a confirmation notification via Telegram (if connected)

Important Notes:

You can only have one active challenge at a time
Your risk settings are automatically changed to protect the challenge account
You can cancel an active challenge at any time from the Prop Firm page
Your original settings are restored when you cancel or complete the challenge