What is "Pay After Passing"?
Pay After Passing (PAPP) inverts the usual prop firm model. Instead of buying an expensive evaluation upfront and hoping you pass, you pay a small entry — $5 — to open a $50,000 simulated evaluation. The evaluation runs on the same rulebook as our funded accounts, and only if you pass do you pay the $300 activation fee to switch the account live.
The model is designed for traders who have been burned by stacking $200 challenges on unfamiliar prop firms. It shifts the risk of the evaluation onto us, not you.
The mechanics, in full.
- Account size: $50,000 in simulated buying power.
- Profit target: 10% (net closed profit).
- Daily drawdown: 4% on equity, resets at 00:00 UTC.
- Max overall drawdown: 8% on equity, trails to your highest closed-equity peak.
- Minimum trading days: 3.
- No time limit — take as long as you need.
- News trading, EAs, weekend and overnight holds allowed.
We disclose the $300 activation fee before you check out — not in the fine print, not after you pass. It is the only other cost of the program. You are never asked for it unless you have already passed the 10% target inside the drawdown rules. If you fail, the fee is not charged and no subscription re-bills.
What happens after you pass.
Once activated, the account switches to a live-simulated funded account with the same rulebook. Profit split is 80/20 in your favour. You request a payout after the minimum trading days; payouts settle every Monday in USDT (TRC-20) and are published on the public payout ledger with the transaction ID so anyone can verify the payment on Tronscan.
Who it's for.
The $5 challenge is for traders with a system they already trust on a demo, who want a low-risk way to prove it against a real drawdown rulebook. It is not a lottery ticket. A 10% target inside 8% max drawdown is achievable but rewards patience — position for survival first, then let the target arrive on its own.
Honest downsides.
- One evaluation attempt per $5 entry. Breach the drawdown or want a second attempt and you re-enter for another $5.
- The environment is simulated. No client capital is on a live broker. Payouts come from firm revenue.
- Drawdown is measured on equity, not balance — open losers count against the floor in real time.