MarketMates offers a new approach to prop trading built around simplicity, fairness, and proper risk management. Our challenges remove unnecessary complexity, hidden rules, and fee-driven structures that work against traders over time.
Whether you scalp, day trade, swing trade, or trade shares, each challenge follows the same core principles: no time limits, balance-based drawdown, clear risk rules, and realistic profit targets. This allows you to focus on execution and consistency rather than gaming challenge mechanics.
MarketMates offers both one and two-phase challenges. The table below shows only the one-phase version to keep it simple.
Full challenge terms and conditions are available here.
Challenge comparison table
| Feature | Best Mate | Scalper | Day Trader | Swing | ScaleMate |
|---|---|---|---|---|---|
| Purchase type | One-off | One-off | One-off | One-off | Coming soon |
| Time limit | Unlimited | Unlimited | Unlimited | Unlimited | Coming soon |
| Profit target | 10% | 10% | 10% | 10% | Coming soon |
| Max daily loss | 3% | 3% | 3% | 3% | Coming soon |
| Max daily loss type | Balance | Balance | Balance | Balance | Coming soon |
| Max loss | 7% | 7% | 7% | 7% | Coming soon |
| Trailing drawdown | No | No | No | No | Coming soon |
| Minimum trading days | 3 days | 3 days | 3 days | 3 days | Coming soon |
| Inactivity rule | No | No | No | No | Coming soon |
| Profit split | 70-90% | 70-90% | 70-90% | 70% | Coming soon |
| Stop-loss required | Yes | Yes | Yes | Yes | Coming soon |
| Max risk per trade | 1% | 1% | 1% | 1% | Coming soon |
| Hold overnight | Yes | No | No | Yes | Coming soon |
| Hold over news | Yes | No | Yes | Yes | Coming soon |
| Hold over the weekend | No | No | No | Yes | Coming soon |
| Holding period | Any | < Day | < Day | > Day | Coming soon |
| Payout speed | Daily | Daily | Daily | Daily | Coming soon |
| Leverage | 50:1 | 100:1 | 30:1 | 30:1 | Coming soon |
| Platform | MatchTrade | MatchTrade | MatchTrade | MatchTrade | Coming soon |
| Markets | fx, indices, commodities, shares | fx, indices, commodities, shares | fx, indices, commodities, shares | fx, indices, commodities, shares | Coming soon |
| Spread markups | No | No | No | No | Coming soon |
| Commission | $2.50 | $2.50 | $2.50 | $2.50 | Coming soon |
| Commission members ($) | $0.80 | $0.80 | $0.80 | $0.80 | Coming soon |
| Activation fee | No | No | No | No | Coming soon |
| Reset option | Yes | Yes | Yes | Yes | Coming soon |
| Get started | Buy now | Buy now | Buy now | Buy now | Coming soon |
Best Mate
Buy nowScalper
Buy nowDay Trader
Buy nowSwing
Buy nowOpen
Buy nowFrequently asked questions
What is the difference between one-phase and two-phase prop trading challenges?
A one-phase prop trading challenge requires traders to reach the profit target once while following the risk rules. A two-phase challenge is split into two stages, each with its own profit target and drawdown limits. One-phase challenges are typically more straightforward, while two-phase challenges may suit traders who prefer a more gradual evaluation process.
Does MarketMates have time limits to pass a challenge?
No. MarketMates challenges do not have time limits. Traders can progress at their own pace and focus on disciplined execution rather than trading against a deadline.
Is there a trailing drawdown on MarketMates challenges?
MarketMates uses balance-based drawdown rather than trailing drawdown. This means drawdown levels remain fixed based on account balance and do not move up as the account grows.
Which trading styles are supported in MarketMates challenges?
MarketMates supports scalping, day trading, swing trading, and share trading. Each challenge is structured to align with the typical holding periods and risk considerations of each trading style.
What is ScaleMate?
ScaleMate is a new type of challenge that is designed for traders who want to scale their account.
Traders will be instantly funded as then progress through 10 levels of funding as they hit predefined target targets.
ScaleMate is coming soon.
