Knowledge Base

Common questions and support documentation

FAQs

10 articles

Getting Started

TI articles

What is YRMprop? How do I choose
the right Challenge?

Trading Platforms & Products

10 articles

How to get started trading with
YRMprop

Rules

8 articles

How the rules of the challenge and
funded accounts work

Advanced/Growth Accounts

6 articles

Advanced/Growth Challenge account rules and funded payout policies

Straight to Sim Funded Accounts

5 articles

Description of Straight to Sim Funded
Accounts and their payout policies

Popular articles

What is YRMprop?

Learn about our proprietary trading firm and how our challenge-based evaluations work.

Challenge Tiers Explained

Detalled breakdown of our $SOK $100K and $150K challenge ters.

Payout Structure

Understanding the 190/10 profit split and first $10K reception.

Reset Fees

How reset fees work and when they revert to the original entry fee.

Trading Restrictions

Trading hours, major news restrictions, and the 2% CME limit nie.

Prohibited Trading Strategies

Strategies that are not allowed on our platform.

Still Need Help?

Email Support

Get in touch with our support team via email

Live Chat

Chat with our support agents in real-time

Your Questions, Answered

What is YRM Prop?

YRM Prop is a proprietary trading firm that provides capital to skilled traders through a performance-based evaluation system. We offer challenge accounts ranging from $50K to $150K that allow traders to demonstrate their skills through a structured assessment.

Upon successfully passing our challenge, traders enter the Prime Account phase where they can trade our capital with a favorable 90/10 profit split. Our fast 24-hour payout processing ensures that successful traders can quickly access their earnings.

What sets us apart is our institutional backing – YRM Prop was founded by the owners of Ocean-One Securities, a licensed broker-dealer based in the Bahamas, bringing substantial financial experience and industry knowledge to our operations.

We focus on creating transparent rules, offering professional trading platforms, and providing a clear path for consistent traders to grow from simulated environments to potentially larger live accounts.

What types of challenges does YRM Prop offer?

YRM Prop offers three tiers of trading challenges designed to suit traders at different experience and capital levels:

Feature$50K Challenge$100K Challenge$150K Challenge
Entry Fee$99$150$200
Profit Target$3,000$5,000$9,000
Max Positions5 (50 Micros)10 (100 Micros)15 (150 Micros)
Max Loss Limit$2,000$3,000$4,500
Min Trading Days222
Activation Fee$99$99$99
Reset Fee$50*$100*$150*
Drawdown TypeEnd of DayEnd of DayEnd of Day
*Reset fees apply for the first 3 resets. Subsequent resets revert to the original entry fee.

All challenges include an End-of-Day drawdown assessment and require a one-time activation payment upon successful completion. Traders who pass will be upgraded to a Prime Account, which offers a 90/10 profit-sharing arrangement and quick 24-hour withdrawals.

 

Challenge Accounts vs. Prime Accounts

What is the difference between Challenge accounts, Prime accounts, and Live accounts with YRM Prop?

Each account type at YRM Prop represents a different stage in our trader evaluation and funding process:

Account TypePurposeKey FeaturesTrading Environment
Challenge AccountEvaluation phase to demonstrate trading skills• Time-limited assessment
• Must meet profit target
• Must follow all trading rules
• Entry fee required
Simulated
Prime AccountIntermediate funded phase after passing challenge• 90/10 profit split
• 40% consistency rule applies
• Minimum $300 profit over 5 days for payouts
• Payouts processed within 24 hours
• Activation fee required
Simulated
Live AccountAdvanced funded phase for proven traders• Same 90/10 profit split
• Opportunity for account scaling
• Selected by management based on consistent performance
Live market

The progression from Challenge to Prime to Live accounts allows us to gradually evaluate traders while providing increasing opportunities. Challenge accounts test basic profitability, Prime accounts assess consistency over time, and Live accounts represent our highest level of confidence in a trader’s abilities.

While both Prime and Live accounts offer the same profit-sharing structure, Live accounts trade with real capital in the markets rather than in a simulated environment, and are offered only to traders who have demonstrated exceptional consistency.

Restricted Countries

Restricted Countries:

Take the countries listed under Rise, Those countries will be the once we can accept.

Profit Sharing in YRM Prime Accounts

The profit-sharing model in YRM Prop’s Prime Accounts is designed to maximize trader earnings while establishing a clear pathway to live funded trading.

Profit Retention Structure

  • 100% Retention of First $10,000: Traders keep 100% of the first $10,000 they earn in their Prime Account. This full retention period allows traders to build capital quickly without any profit sharing.
  • 90/10 Split After Initial $10,000: Once a trader has earned beyond the initial $10,000, profits are shared at a 90/10 split, where traders retain 90% and YRM Prop receives 10%. This industry-leading split continues for the duration of the Prime Account phase.

Account Growth and Live Transition

  • $35,000 Profit Cap Per Account: Each Prime Account has a maximum profit accumulation limit of $35,000. This cap ensures traders can demonstrate sustained profitability while preparing for the transition to live trading.
  • Multiple Account Management: Traders can maintain up to 5 Prime Accounts simultaneously, each with its own $35,000 profit cap. This allows skilled traders to manage up to $175,000 in total profit potential across all accounts.
  • Automatic Live Account Consideration: When a trader reaches the $35,000 cap on any Prime Account, they become eligible for review and potential transition to a Live Funded Account.

Live Account Transition

  • Account Consolidation: If a trader has multiple Prime Accounts that have reached the $35,000 cap, these accounts can be consolidated into a single Live Funded Account with the combined capital.
  • Profit Forfeiture Policy: Any profits exceeding the $35,000 cap on a Prime Account will be forfeited. We recommend requesting payouts regularly to maximize your earnings before reaching the cap.
  • Continuing Benefits: Upon transition to a Live Funded Account, traders maintain the same 90/10 profit split but gain access to live market execution and potential for further account scaling.

Does YRM Prop accept Corporate Accounts?

Yes, YRM Prop welcomes traders operating as businesses or corporate entities. We’ve designed our account structure to accommodate both individual traders and established trading businesses.

Trading as a Business with YRM Prop

When you choose to trade through your business entity with YRM Prop, you’ll follow a straightforward process:

  • Initial Registration: During signup, you can indicate that you’re trading as a business entity rather than an individual. Your challenge account can be established immediately while business verification occurs in parallel.
  • Business Verification: Before your first payout, our compliance team will conduct a Business Verification process to ensure regulatory compliance. This is separate from the standard individual verification process.
  • Required Documentation: Typically includes:
    Certificate of Incorporation or equivalent business registration documents
    Company ownership structure documentation
    Verification of authorized traders
    Business banking information for payouts
    Photo identification for major stakeholders (20%+ ownership)

Benefits for Business Trader

Operating as a business entity with YRM Prop offers several advantages:

  • Tax Efficiency: Potential tax benefits depending on your jurisdiction and business structure
  • Multiple Traders: Ability to have different traders operate under the same business entity
  • Brand Preservation: Maintain your trading business identity while accessing our capital
  • Professional Structure: Better positioning for potential future scaling opportunities

Important Considerations

How many Prime Accounts can I have at once?

You can have up to 5 Prime Accounts active simultaneously with YRM Prop. This limit applies to the total number of Prime Accounts you manage across all account sizes ($50K, $100K, and $150K).

Each Prime Account operates independently with its own:

  • Trading capital
  • Profit targets
  • Drawdown limits

If you pass more than 5 challenges, your additional passed accounts will remain inactive until one of your active Prime Accounts is closed or lost due to rule violations. You can select which accounts to activate based on your trading preferences and strategy.

Important: If you don’t activate a passed challenge by paying the activation fee within 30 days of passing, the account will expire and become invalid. In this case, you would need to pass a new challenge to gain access to a Prime Account. We recommend activating your accounts promptly after passing to avoid losing your achievement.

This multiple account structure allows you to diversify your trading approaches or scale your overall capital access while maintaining a manageable number of accounts for both you and our risk management team.

No FAQs found.

How does YRM Prop differ from other prop firms?

YRM Prop stands apart from other proprietary trading firms through several key differentiators:

Institutional Backing

Unlike many prop firms that operate independently, YRM Prop was founded by the owners of Ocean-One Securities, a licensed broker-dealer based in the Bahamas. This institutional connection brings substantial financial expertise and industry knowledge to our operations.

Trader-Focused Profit Structure

  • 100% retention on first $10K: Keep all profits up to your first $10,000
  • 90/10 split thereafter: One of the most competitive profit-sharing models in the industry
  • No monthly fees: Unlike firms that charge recurring subscription fees

Efficient Capital Path

  • Quick challenge completion: Only 2 minimum trading days required compared to 5-10 at other firms
  • Rapid payout processing: 24-hour payment processing after approval
  • Clear progression stages: Transparent pathway from Challenge to Prime to Live accounts

Trading Flexibility

  • No strict time limits: Complete challenges at your own pace
  • Multiple account management: Maintain up to 5 Prime Accounts simultaneously
  • 35% Consistency Rule: More flexible than the 50% or stricter rules at other firms

Professional Platform Integration

  • Real-world trading platforms: Direct integration with industry-standard platforms like NinjaTrader and Tradovate
  • Professional data feeds: Access to high-quality market data and advanced charting tools

Business-Friendly Structure

  • Corporate accounts welcome: Ability to trade through business entities with appropriate verification
  • Multiple trader solutions: Options for trading teams or organizations

Growth-Oriented Design

  • $35K profit cap per account: Higher than many competitors
  • Consolidation opportunities: Potential to combine successful accounts into larger Live accounts
  • Path to live funding: Clear transition process based on consistent performance

Our approach focuses on creating sustainable, long-term partnerships with skilled traders rather than maximizing challenge failures and reset fees. We’re committed to finding and supporting genuine trading talent with the capital they need to succeed.

How do I select my funding tier?

What is YRM Prop and how do I select my funding tier?

YRM Prop is a proprietary trading firm that provides capital to skilled traders through a performance-based evaluation system. We offer trading challenges that allow you to demonstrate your skills and earn access to funded trading accounts with a favorable 90/10 profit split.

About YRM Prop

Our firm was founded by the owners of Ocean-One Securities, a licensed broker-dealer based in the Bahamas, bringing substantial financial expertise to our operations. We focus on creating transparent rules, offering professional trading platforms, and providing a clear path for traders to grow their careers.

Selecting Your Funding Tier

YRM Prop offers three challenge tiers to match your experience level and capital requirements:

Feature$50K Challenge$100K Challenge$150K Challenge
Entry Fee$99$150
$200
Profit Target$3,000$5,000$9,000
Max Positions5 (50 Micros)10 (100 Micros)15 (150 Micros)
Max Loss Limit$2,000$3,000$4,500

To select your tier:

  • Assess your trading experience – Choose a tier that matches your comfort level with position sizes and profit targets
  • Consider your risk tolerance – Each tier has different maximum loss limits
  • Evaluate your trading capital – Higher tiers require larger entry fees but offer more trading capital
  • Click “Start Challenge” – On your preferred tier to begin the registration process

How to choose the right funding tier for your trading style?

Selecting the appropriate funding tier at YRM Prop is a crucial decision that should align with your trading experience, capital requirements, and risk tolerance. Here’s a comprehensive guide to help you make the best choice:

Assess Your Trading Experience

  • $50K Challenge: Ideal for newer traders or those new to prop firm evaluations. This tier provides a more accessible entry point with lower position size limits (5 positions/50 micros) and a more manageable profit target.
  • $100K Challenge: Well-suited for intermediate traders with some consistent trading experience. This tier balances risk and opportunity with moderate position sizes (10 positions/100 micros).
  • $150K Challenge: Designed for experienced traders who are comfortable managing larger positions (15 positions/150 micros) and higher profit targets in exchange for greater capital allocation.

Consider Your Trading Style

For Day Traders:

  • If you prefer frequent, smaller trades with tight risk management, the $50K or $100K challenges may provide sufficient capital while keeping your risk parameters comfortable.
  • Look at the max daily loss limits ($2,000 for $50K, $3,000 for $100K, $4,500 for $150K) to ensure they accommodate your typical drawdown ranges.

For Swing Traders:

  • Consider how the end-of-day position closing requirement will affect your strategy
  • Larger account sizes may be preferable if you typically take fewer but larger positions

For Scalpers:

  • Evaluate the maximum position limits carefully
  • Remember our minimum hold time requirements—at least 50% of trades must be held for more than 1 minute

Analyze the Risk-Reward Balance

  • Entry Fee to Capital Ratio: The $100K challenge offers the best “value” at $1.50 per $1K of capital (compared to $1.98 for $50K and $1.33 for $150K)
  • Profit Target Percentage: Required targets are 6% for $50K, 5% for $100K, and 6% for $150K
  • Drawdown Flexibility: Maximum loss limits represent 4% for $50K, 3% for $100K, and 3% for $150K of account value

Starting Conservative vs. Ambitious

Starting with a smaller tier allows you to:

  • Familiarize yourself with our rules and platform with less capital at risk
  • Test your strategy in our environment before scaling up
  • Potentially maintain multiple accounts with different strategies

However, if you’re confident in your abilities and require significant capital, starting with a larger tier can provide greater earning potential from the outset.

Final Recommendation

Most traders find the $100K challenge to be the optimal balance of affordability, potential returns, and risk parameters. However, you should choose based on your individual trading style, experience level, and financial goals.

Remember that you can always scale up by adding additional accounts (up to 5 total) after successfully passing your first challenge.

Are there any upfront costs or fees to join?

Yes, there are some upfront costs to participate in the YRM Prop program:

  1. Challenge Entry Fee: This is the initial cost to access our evaluation challenge:
    • $50K Challenge: $99 entry fee
    • $100K Challenge: $150 entry fee
    • $150K Challenge: $200 entry fee
  2. Activation Fee: If you successfully pass the challenge, there’s a one-time $99 activation fee to access your funded Prime Account, regardless of which challenge tier you choose.

These fees cover our operational costs, trading platform access, and the capital allocation process. There are no hidden charges or monthly subscription fees – you only pay the entry fee and, upon success, the activation fee.

If you’re unsuccessful in your challenge, you can reset and try again for a reduced fee:

  • $50K Challenge: $50 reset fee (for first 3 resets)
  • $100K Challenge: $100 reset fee (for first 3 resets)
  • $150K Challenge: $150 reset fee (for first 3 resets)

After three resets at the discounted rate, any additional resets revert to the original entry fee cost.

Profit-Sharing

How does the profit-sharing structure work for funded accounts?

YRM Prop offers a trader-friendly profit-sharing structure designed to maximize your earnings while providing a clear path to growth:

Profit Split Structure

  1. First $10,000 in Profits: You keep 100% of the first $10,000 in profits you generate in your Prime Account. This initial full retention period allows you to build capital quickly without any profit sharing.
  2. Beyond $10,000: After reaching the initial $10,000 threshold, profits are shared at a 90/10 split, where you retain 90% and YRM Prop receives 10%. This industry-leading split applies to all subsequent profits.

Profit Caps and Progression

  • $35,000 Cap Per Account: Each Prime Account has a maximum profit accumulation limit of $35,000 (including the initial $10,000 at 100% retention).
  • Multiple Account Management: You can maintain up to 5 Prime Accounts simultaneously, each with its own $35,000 profit cap. This allows you to manage up to $175,000 in total profit potential across all accounts.
  • Live Account Transition: Once you reach the $35,000 cap on any Prime Account, you become eligible for consideration to transition to a Live Funded Account. If you have multiple accounts at the cap, these can potentially be consolidated into a single larger Live Account.

Payout Process

  • Minimum Requirement: You must accumulate a minimum of $300 in profit over at least 5 trading days to request a payout.
  • Consistency Rule: Our 40% Consistency Rule means that no single trading day can account for more than 40% of your total profits, ensuring sustainable trading practices.
  • Payout Schedule: Payouts are processed weekly, with funds delivered within 24 hours of approval.
  • Profit Forfeiture: Any profits exceeding the $35,000 cap on a Prime Account will be forfeited, so we recommend requesting payouts regularly.

This profit-sharing structure is designed to reward skilled traders while providing a sustainable business model that allows us to continue offering funded accounts to qualified traders.

Maximum Number of Accounts

What is the maximum number of funded accounts I can manage simultaneously?

You can manage up to 5 Prime Accounts simultaneously with YRM Prop. This limit applies to the total number of active Prime Accounts across all tiers ($50K, $100K, and $150K).

Each of these accounts operates independently with its own:

  • Trading capital allocation
  • Profit targets
  • Drawdown limits
  • Payout tracking

Important considerations:

  1. Passed but inactive challenges: If you pass more than 5 challenges, your additional passed accounts will remain inactive until one of your active Prime Accounts is closed, lost due to rule violations, or transitioned to a Live Account.
  2. Account activation timeline: You must activate a passed challenge by paying the activation fee within 30 days of passing. Otherwise, the account will expire and become invalid, requiring you to pass a new challenge.
  3. Combined profit potential: With 5 Prime Accounts at maximum capacity, you could potentially manage up to $175,000 in profit potential ($35,000 profit cap per account).
  4. Account consolidation: If your Prime Accounts consistently reach the profit cap, you may become eligible to have them consolidated into a Live Funded Account with greater capital.

This multiple account structure allows you to diversify your trading approaches or scale your overall capital access while maintaining manageable risk parameters.

Can business entities participate in YRM Prop challenges?

Yes, business entities can participate in YRM Prop challenges. We welcome traders operating as corporations, LLCs, or other business structures.

Here’s how it works for business entities:

  1. Registration Process: During signup, you can indicate that you’re trading as a business entity rather than an individual. Your challenge account can be established immediately while business verification occurs in parallel.
  2. Business Verification: Before your first payout, our compliance team will conduct a Business Verification process, which requires documentation such as:
    • Certificate of Incorporation or equivalent business registration
    • Company ownership structure documentation
    • Verification of authorized traders
    • Business banking information for payouts
    • Photo identification for major stakeholders (20%+ ownership)
  3. Account Structure: Business accounts follow the same trading rules and profit-sharing structure as individual accounts. You can choose any challenge tier ($50K, $100K, or $150K) based on your trading objectives.
  4. Tax Considerations: Trading through a business entity may offer tax advantages depending on your jurisdiction and business structure. However, we recommend consulting with a tax professional regarding your specific situation.
  5. Multiple Traders: Business accounts can potentially allow different traders to operate under the same business entity, subject to our approval.

Note that all YRM Prop accounts must be consistently either personal or business accounts – you cannot mix both types under the same username or dashboard.

Do YRM Prop challenges have completion deadlines?

No, YRM Prop challenges do not have hard deadlines or time limits for completion. You can take as long as you need to reach your profit target and fulfill the challenge requirements.

Key points about challenge timing:

  1. No expiration date: Your challenge remains active until you either pass by reaching the profit target or fail by violating one of the trading rules (such as exceeding the maximum loss limit).
  2. Minimum trading days: While there’s no maximum time limit, you must trade on at least 2 separate calendar days to pass the challenge. This minimum requirement ensures you can demonstrate consistent trading rather than relying on a single day of performance.
  3. Trading session restrictions: Although there’s no overall time limit, remember that you must close all positions by 4:15 PM EST each day and cannot hold positions over weekends.
  4. Challenge reset: If you fail a challenge, you can reset it immediately by paying the reset fee ($50 for $50K, $100 for $100K, or $150 for $150K challenges for the first three resets).
  5. Post-passing activation: After successfully passing a challenge, you have 30 days to activate your Prime Account by paying the $99 activation fee. If you don’t activate within this timeframe, you’ll need to pass a new challenge.

This flexible approach allows you to trade at your own pace and develop your strategy properly without unnecessary time pressure, which we believe leads to better trading decisions and improved long-term performance.

What are the approved trading hours and sessions?

YRM Prop enforces specific trading hours and session rules to manage risk and ensure proper account evaluation. Here are the key trading time restrictions:

Daily Trading Sessions

  • Weekday Trading: You can trade during normal market hours, but all positions must be closed by 4:15 PM EST each day
  • Overnight Trading: You may reopen positions after 6:00 PM EST if you wish to trade evening sessions
  • No Holding Overnight: While you can trade evening sessions, all positions must still be closed by 4:15 PM EST the following day

Weekend Restrictions

  • Weekend Policy: No positions may be held over the weekend
  • Friday Close: All positions must be closed before the weekend market close on Friday
  • Sunday/Monday Open: You may begin trading again when markets reopen for the new week

News Event Restrictions

  • Major Economic Announcements: No open positions are allowed 2 minutes before major news releases
  • Post-News Trading: You may resume trading 2 minutes after the news release
  • Affected News Events: These include FOMC decisions, U.S. Jobless Claims, US Core PCE releases, and other significant economic announcements

Trading Days Definition

  • A “Trading Day” is counted as at least one trade placed between 6:00 PM EST and 5:00 PM EST the next day
  • You must trade on a minimum of 2 separate trading days to pass the challenge

These time restrictions are designed to enforce disciplined risk management and prevent excessive exposure during volatile market periods. The end-of-day position closing requirement allows for proper daily drawdown calculations and account evaluation.

YRM Prop Prime Account Trading Parameters

After successfully passing a YRM Prop challenge, you’ll gain access to a Prime Account with specific trading parameters designed to balance trader freedom with proper risk management.

Account Structure

  • Account Sizes: Matches your challenge tier ($50K, $100K, or $150K)
  • Trading Environment: Simulated account with real-time market data
  • Duration: Unlimited as long as trading rules are followed
  • Maximum Accounts: Up to 5 Prime Accounts can be active simultaneously

Trading Limits

  • Maximum Position Sizes:
    • $50K Account: 5 positions (50 micros) maximum
    • $100K Account: 10 positions (100 micros) maximum
    • $150K Account: 15 positions (150 micros) maximum
  • Maximum Loss Limits:
    • $50K Account: $2,000 maximum drawdown
    • $100K Account: $3,000 maximum drawdown
    • $150K Account: $4,500 maximum drawdown
  • Drawdown Calculation: End-of-day trailing drawdown evaluation

Trading Rules

  • Trading Hours: All positions must be closed by 4:15 PM EST and may be reopened after 6:00 PM EST
  • Weekend Policy: No positions may be held over the weekend
  • News Trading: No open positions 2 minutes before/after major economic announcements
  • Consistency Rule: No single trading day can account for more than 40% of total profits
  • Minimum Hold Time: At least 50% of trades must be held for more than 1 minute

Payout Structure

  • Profit Split: 100% of the first $10,000 in profits, then 90/10 split (90% to you)
  • Minimum Payout Requirement: $300 profit over at least 5 trading days
  • Payout Processing: Weekly payout schedule with 24-hour processing time
  • Profit Cap: $35,000 maximum profit per Prime Account before Live Account consideration

Platform Compatibility

  • Supported Platforms: NinjaTrader and Tradovate
  • Data Feeds: Real-time market data with advanced charting capabilities
  • API Integration: Available for experienced traders (platform-dependent)

Account Progression

After demonstrating consistent profitability and reaching your account’s profit cap ($35,000), you may be eligible to transition to a Live Funded Account with the same favorable profit-sharing structure but using real capital in the markets.

These parameters create a structured environment that rewards disciplined trading while providing the flexibility needed to implement your strategy effectively.

The 35% Consistency Requirement Explained

The 40% Consistency Rule is a key risk management policy for YRM Prop Prime Accounts designed to encourage sustainable trading practices and prevent excessive risk-taking. Here’s a comprehensive breakdown of how it works:

What is the 35% Consistency Rule?

The 35% Consistency Rule states that no single trading day can account for more than 35% of your total account profits. This rule ensures that your profitability comes from consistent trading performance rather than a single lucky trade or day.

How It Works in Practice

Let’s illustrate with some examples:

Example 1: Within the Rule

A trader with a $50K Prime Account has accumulated $1,000 in total profits:

  • Monday: +$200 (20% of total)
  • Tuesday: +$300 (30% of total)
  • Wednesday: +$100 (10% of total)
  • Thursday: +$400 (40% of total)

This trader is compliant with the 35% Consistency Rule because no single day exceeds 35% of the total profits.

Example 2: Violating the Rule

A trader with a $100K Prime Account has accumulated $2,000 in total profits:

  • Monday: +$200 (10% of total)
  • Tuesday: +$900 (45% of total)
  • Wednesday: +$300 (15% of total)
  • Thursday: +$600 (30% of total)

This trader is violating the 35% Consistency Rule because Tuesday’s profits represent 45% of the total, exceeding the 35% threshold.

Daily Risk Management Limits

Understanding YRM Prop’s Daily Risk Management Limits

YRM Prop implements a flexible approach to daily risk management to provide traders with sufficient freedom while still promoting responsible trading practices. Here’s the accurate information about our daily risk parameters:

Daily Loss Guidelines

Each account tier has recommended daily loss parameters:

Account Size Daily Loss Guideline Percentage of Account
$50K $1,000 2%
$100K $2,000 2%
$150K $3,000 2%

Important Clarification: These daily loss percentages are advisory guidelines only, not strictly enforced limits. They are designed to help traders manage risk appropriately.

Soft Breach System

  • No Automatic Liquidation: Exceeding the daily loss guideline will NOT result in account liquidation or suspension
  • Notification Purpose: The system tracks these soft breaches to provide you with risk management feedback
  • Trader Discretion: You maintain full control of your trading decisions throughout the trading day

What Actually Matters

The only hard limit that will result in account failure is the Maximum Drawdown Limit:

Account Size Maximum Drawdown Limit
$50K $2,000
$100K $3,000
$150K $4,500

This maximum drawdown is calculated on an end-of-day basis, giving you flexibility for intraday drawdowns as long as you recover before market close.

Strategic Benefits

This approach provides several advantages:

  1. Trading Freedom: Execute your strategy without fear of arbitrary intraday cutoffs
  2. Recovery Opportunity: Ability to work through temporary drawdowns within the same session
  3. Focus on End Results: Emphasis on where your account stands at the end of the day, not during volatile intraday swings
  4. Learning Tool: Use the soft breach notifications as a personal risk management guide

YRM Prop’s approach to daily risk management is designed to be trader-friendly while still promoting responsible capital preservation. The daily guidelines serve as helpful benchmarks rather than restrictive limitations on your trading activity.

Micro and Mini Contracts

Trading Micro and Mini Contracts: Guidelines and Limitations

YRM Prop’s account structure supports trading in both micro and mini futures contracts, with specific guidelines designed to provide flexibility while maintaining proper risk management. Here’s what you need to know about contract limitations and position sizing:

Contract Size Equivalencies

When calculating your position limits, we use the following equivalencies:

Contract Type Equivalent to Micros
1 Micro (MES, MNQ, etc.) 1 micro unit
1 Mini (ES, NQ, etc.) 10 micro units
1 Full-size contract 50 micro units

Position Limits by Account Tier

Each account tier has a maximum position limit expressed in micro contract equivalents:

Account Size Max Position (Micros) Examples of Allowed Combinations
$50K Account 50 micros total • 50 MES contracts<br>• 5 ES mini contracts<br>• 2 ES mini + 30 MES<br>• 1 full-size + 0 others
$100K Account 100 micros total • 100 MES contracts<br>• 10 ES mini contracts<br>• 5 ES mini + 50 MES<br>• 2 full-size + 0 others
$150K Account 150 micros total • 150 MES contracts<br>• 15 ES mini contracts<br>• 10 ES mini + 50 MES<br>• 3 full-size + 0 others

Trading Multiple Instruments

When trading across different futures instruments:

  • The combined total of all positions must not exceed your account’s micro equivalent limit
  • Each instrument’s micro equivalent value counts toward your total allocation
  • You can diversify across multiple instruments as long as the total remains under your limit

Contract Type Recommendations

  • New Traders: We recommend focusing on micro contracts (MES, MNQ, M2K, etc.) to allow for greater position diversification and more precise risk management
  • Experienced Traders: Mini contracts (ES, NQ, etc.) can be more capital efficient due to lower commission costs per contract value
  • Full-Size Contracts: Generally only recommended for the most experienced traders due to their significant capital requirements and impact on position limits

Margin Requirements

While YRM Prop covers the margin requirements for your trading, it’s good practice to be aware of typical margin requirements for each contract type:

  • Micro contracts: Typically require $50-$200 in margin per contract
  • Mini contracts: Typically require $500-$2,000 in margin per contract
  • Full-size contracts: Typically require $2,500-$10,000 in margin per contract

Understanding these position limits and guidelines will help you optimize your trading strategy while staying within YRM Prop’s risk management framework.

Economic Calendar Events and Trading Protocols

YRM Prop maintains specific protocols for trading around significant economic events to manage risk and promote consistent performance. Understanding these guidelines is essential for successful trading with our funded accounts.

Major Economic Events Policy

During high-impact economic announcements, volatility can spike dramatically. To protect both traders and capital, we implement the following restrictions:

  • No Open Positions: Traders must not hold any open positions 2 minutes before major news releases
  • Waiting Period: Trading can resume 2 minutes after the news announcement is released
  • Applicable Events: This policy applies to high-impact events only (detailed below)

High-Impact Economic Announcements

The following economic releases are considered high-impact events subject to our trading restrictions:

  • Federal Reserve (FOMC) rate decisions and statements
  • U.S. Initial Jobless Claims
  • U.S. Core PCE (Personal Consumption Expenditures) data
  • Non-Farm Payroll (NFP) reports
  • CPI and Core CPI inflation data
  • GDP releases (Advance, Preliminary, and Final)
  • Retail Sales data
  • Central bank rate decisions (ECB, BOE, BOJ, etc.)

Recommended Resources

We recommend using one of these economic calendars to monitor upcoming events:

  • Tradingview Economic Calendar
  • Forex Factory Calendar
  • Investing.com Economic Calendar
  • TradingEconomics Calendar

Best Practices for News Events

Even for medium and low-impact news that doesn’t trigger official restrictions, consider these risk management approaches:

  1. Reduce Position Size: If trading around medium-impact news, consider smaller positions
  2. Widen Stop Losses: Account for increased volatility with appropriate stop placement
  3. Be Aware of Scheduled Releases: Review the economic calendar at the start of each trading week
  4. Consider Time-Based Exits: Exit positions well before major announcements if practical

Violation Consequences

Trading during restricted news periods could result in:

  • Warning for first-time violations
  • Potential account suspension for repeated violations
  • Account termination for intentional pattern of news trading

The Rationale Behind Our Policy

This policy is designed to:

  • Protect traders from extreme volatility and potential slippage
  • Ensure consistent and fair evaluation across all trader accounts
  • Promote trading skill rather than high-risk news trading strategies
  • Create a sustainable trading environment focused on consistent performance

By respecting these protocols around economic releases, you’ll maintain compliance with our rules while protecting your account from the outsized risks that can accompany major economic announcements.

Approved Trading Sessions and Market Hours

YRM Prop has established specific trading session guidelines to maintain proper risk management while providing traders with flexibility to access various market hours. Understanding these time-based rules is essential for successful trading with our funded accounts.

Daily Trading Schedule

Time (EST) Activity Status Notes
6:00 PM – 4:15 PM (next day) Active Trading Allowed Full trading day span
4:15 PM Mandatory Position Close All positions must be closed
4:15 PM – 6:00 PM No Trading Market reconciliation period

Key Trading Restrictions

  • Daily Close Requirement: All positions must be closed by 4:15 PM EST each trading day
  • Evening Session: You may reopen positions after 6:00 PM EST when markets reopen
  • Weekend Closure: No positions may be held over weekends

Futures Market Specifications

Different futures markets have varying trading hours:

Market Regular Trading Hours (EST) Overnight Session (EST)
E-mini & Micro S&P 500 9:30 AM – 4:15 PM 6:00 PM – 9:30 AM
E-mini & Micro Nasdaq 9:30 AM – 4:15 PM 6:00 PM – 9:30 AM
E-mini & Micro Russell 9:30 AM – 4:15 PM 6:00 PM – 9:30 AM
Crude Oil 9:00 AM – 2:30 PM 6:00 PM – 5:00 PM
Gold & Silver 8:30 AM – 1:30 PM 6:00 PM – 5:00 PM
Treasury Futures 8:30 AM – 3:00 PM 6:00 PM – 5:00 PM

Counting Trading Days

  • A “Trading Day” is counted when at least one trade is placed during the 6:00 PM EST to 5:00 PM EST next day period
  • You must trade on a minimum of 2 separate trading days to pass the challenge
  • For payout eligibility in Prime Accounts, you need a minimum of 5 trading days with at least $300 in profit

Holiday Trading

  • YRM Prop follows the standard CME holiday schedule
  • On early close days, all positions must be closed by the designated early market close time
  • Holiday schedules are typically announced on our website and trader dashboard

Rationale for Time Restrictions

These timing rules serve multiple purposes:

  • Enable accurate end-of-day account performance calculations
  • Prevent overnight risk during market closures
  • Ensure all traders operate under consistent evaluation conditions
  • Allow for proper risk monitoring across all funded accounts

By adhering to these approved trading sessions and market hours, you’ll maintain compliance with our rules while having access to diverse trading opportunities across multiple market sessions.

Geographic Eligibility and Restrictions

To Be Determined

Maximum Drawdown Thresholds and Calculations

YRM Prop enforces maximum drawdown limits as the primary risk management parameter for all trading accounts. Understanding how these thresholds are calculated is essential for maintaining your account in good standing.

Maximum Drawdown Limits by Account Size

Account Size Maximum Drawdown Limit Percentage of Account
$50K Account $2,000 4%
$100K Account $3,000 3%
$150K Account $4,500 3%

Drawdown Calculation Method: End-of-Day Trailing

YRM Prop uses an End-of-Day Trailing Drawdown calculation method, which works as follows:

  1. Your account’s highest closing balance establishes your high-water mark
  2. Drawdown is measured from this high-water mark, not the initial account balance
  3. Evaluations occur at market close (4:15 PM EST) each trading day
  4. Intraday fluctuations are not considered for official drawdown calculations

Example Calculation

For a $100K account with a $3,000 maximum drawdown limit:

Week 1:

  • Day 1: Account closes at $100,500 → New high-water mark: $100,500
  • Day 2: Account closes at $101,200 → New high-water mark: $101,200
  • Day 3: Account closes at $100,000 → Drawdown: $1,200 (within limit)
  • Day 4: Account closes at $98,500 → Drawdown: $2,700 (within limit)
  • Day 5: Account closes at $97,900 → Drawdown: $3,300 (account failed)

Trailing Nature of Drawdown

The “trailing” aspect means that as your account grows, your maximum allowable loss grows proportionally:

  • Starting a $100K account → Maximum drawdown: $3,000
  • Growing to $110K → Maximum drawdown: $3,000 from $110K = minimum balance of $107,000
  • Growing to $120K → Maximum drawdown: $3,000 from $120K = minimum balance of $117,000

This trailing approach rewards successful traders with additional cushion while maintaining consistent risk parameters.

Recovery From Drawdown

If your account experiences drawdown but remains within limits:

  • There is no reset or penalty
  • You can continue trading normally
  • Your high-water mark remains unchanged until surpassed

Prime Account Buffer Requirements

For Prime Accounts requesting payouts, your account must maintain at least $100 in profit above the trailing maximum drawdown limit. For example:

  • $50K account requires a minimum balance of $52,100 ($50K + $2K drawdown protection + $100 buffer)
  • $100K account requires a minimum balance of $103,100
  • $150K account requires a minimum balance of $154,600

The end-of-day drawdown calculation provides traders with flexibility for intraday fluctuations while still enforcing appropriate risk management over the complete trading session.

What is YRM Prop?

YRM Prop is a proprietary trading firm that provides capital to skilled traders through a performance-based evaluation system. We offer challenge accounts ranging from $50K to $150K that allow traders to demonstrate their skills through a structured assessment.

Upon successfully passing our challenge, traders enter the Prime Account phase where they can trade our capital with a favorable 90/10 profit split. Our fast 24-hour payout processing ensures that successful traders can quickly access their earnings.

What sets us apart is our institutional backing – YRM Prop was founded by the owners of Ocean-One Securities, a licensed broker-dealer based in the Bahamas, bringing substantial financial experience and industry knowledge to our operations.

We focus on creating transparent rules, offering professional trading platforms, and providing a clear path for consistent traders to grow from simulated environments to potentially larger live accounts.

What types of challenges does YRM Prop offer?

YRM Prop offers three tiers of trading challenges designed to suit traders at different experience and capital levels:

Feature$50K Challenge$100K Challenge$150K Challenge
Entry Fee$99$150$200
Profit Target$3,000$5,000$9,000
Max Positions5 (50 Micros)10 (100 Micros)15 (150 Micros)
Max Loss Limit$2,000$3,000$4,500
Min Trading Days222
Activation Fee$99$99$99
Reset Fee$50*$100*$150*
Drawdown TypeEnd of DayEnd of DayEnd of Day
*Reset fees apply for the first 3 resets. Subsequent resets revert to the original entry fee.

All challenges include an End-of-Day drawdown assessment and require a one-time activation payment upon successful completion. Traders who pass will be upgraded to a Prime Account, which offers a 90/10 profit-sharing arrangement and quick 24-hour withdrawals.

YRM Prop offers three tiers of trading challenges designed to suit traders at different experience and capital levels:

YRM Prop offers three tiers of trading challenges designed to suit traders at different experience and capital levels:

YRM Prop offers three tiers of trading challenges designed to suit traders at different experience and capital levels:

YRM Prop offers three tiers of trading challenges designed to suit traders at different experience and capital levels:

YRM Prop offers three tiers of trading challenges designed to suit traders at different experience and capital levels:

Maximum Number of Accounts

What is the maximum number of funded accounts I can manage simultaneously?

You can manage up to 5 Prime Accounts simultaneously with YRM Prop. This limit applies to the total number of active Prime Accounts across all tiers ($50K, $100K, and $150K).

Each of these accounts operates independently with its own:

  • Trading capital allocation
  • Profit targets
  • Drawdown limits
  • Payout tracking

Important considerations:

  1. Passed but inactive challenges: If you pass more than 5 challenges, your additional passed accounts will remain inactive until one of your active Prime Accounts is closed, lost due to rule violations, or transitioned to a Live Account.
  2. Account activation timeline: You must activate a passed challenge by paying the activation fee within 30 days of passing. Otherwise, the account will expire and become invalid, requiring you to pass a new challenge.
  3. Combined profit potential: With 5 Prime Accounts at maximum capacity, you could potentially manage up to $175,000 in profit potential ($35,000 profit cap per account).
  4. Account consolidation: If your Prime Accounts consistently reach the profit cap, you may become eligible to have them consolidated into a Live Funded Account with greater capital.

This multiple account structure allows you to diversify your trading approaches or scale your overall capital access while maintaining manageable risk parameters.

Maximum Drawdown Thresholds and Calculations

YRM Prop enforces maximum drawdown limits as the primary risk management parameter for all trading accounts. Understanding how these thresholds are calculated is essential for maintaining your account in good standing.

Maximum Drawdown Limits by Account Size

Account Size Maximum Drawdown Limit Percentage of Account
$50K Account $2,000 4%
$100K Account $3,000 3%
$150K Account $4,500 3%

Drawdown Calculation Method: End-of-Day Trailing

YRM Prop uses an End-of-Day Trailing Drawdown calculation method, which works as follows:

  1. Your account’s highest closing balance establishes your high-water mark
  2. Drawdown is measured from this high-water mark, not the initial account balance
  3. Evaluations occur at market close (4:15 PM EST) each trading day
  4. Intraday fluctuations are not considered for official drawdown calculations

Example Calculation

For a $100K account with a $3,000 maximum drawdown limit:

Week 1:

  • Day 1: Account closes at $100,500 → New high-water mark: $100,500
  • Day 2: Account closes at $101,200 → New high-water mark: $101,200
  • Day 3: Account closes at $100,000 → Drawdown: $1,200 (within limit)
  • Day 4: Account closes at $98,500 → Drawdown: $2,700 (within limit)
  • Day 5: Account closes at $97,900 → Drawdown: $3,300 (account failed)

Trailing Nature of Drawdown

The “trailing” aspect means that as your account grows, your maximum allowable loss grows proportionally:

  • Starting a $100K account → Maximum drawdown: $3,000
  • Growing to $110K → Maximum drawdown: $3,000 from $110K = minimum balance of $107,000
  • Growing to $120K → Maximum drawdown: $3,000 from $120K = minimum balance of $117,000

This trailing approach rewards successful traders with additional cushion while maintaining consistent risk parameters.

Recovery From Drawdown

If your account experiences drawdown but remains within limits:

  • There is no reset or penalty
  • You can continue trading normally
  • Your high-water mark remains unchanged until surpassed

Prime Account Buffer Requirements

For Prime Accounts requesting payouts, your account must maintain at least $100 in profit above the trailing maximum drawdown limit. For example:

  • $50K account requires a minimum balance of $52,100 ($50K + $2K drawdown protection + $100 buffer)
  • $100K account requires a minimum balance of $103,100
  • $150K account requires a minimum balance of $154,600

The end-of-day drawdown calculation provides traders with flexibility for intraday fluctuations while still enforcing appropriate risk management over the complete trading session.

Geographic Eligibility and Restrictions

To Be Determined

Approved Trading Sessions and Market Hours

YRM Prop has established specific trading session guidelines to maintain proper risk management while providing traders with flexibility to access various market hours. Understanding these time-based rules is essential for successful trading with our funded accounts.

Daily Trading Schedule

Time (EST) Activity Status Notes
6:00 PM – 4:15 PM (next day) Active Trading Allowed Full trading day span
4:15 PM Mandatory Position Close All positions must be closed
4:15 PM – 6:00 PM No Trading Market reconciliation period

Key Trading Restrictions

  • Daily Close Requirement: All positions must be closed by 4:15 PM EST each trading day
  • Evening Session: You may reopen positions after 6:00 PM EST when markets reopen
  • Weekend Closure: No positions may be held over weekends

Futures Market Specifications

Different futures markets have varying trading hours:

Market Regular Trading Hours (EST) Overnight Session (EST)
E-mini & Micro S&P 500 9:30 AM – 4:15 PM 6:00 PM – 9:30 AM
E-mini & Micro Nasdaq 9:30 AM – 4:15 PM 6:00 PM – 9:30 AM
E-mini & Micro Russell 9:30 AM – 4:15 PM 6:00 PM – 9:30 AM
Crude Oil 9:00 AM – 2:30 PM 6:00 PM – 5:00 PM
Gold & Silver 8:30 AM – 1:30 PM 6:00 PM – 5:00 PM
Treasury Futures 8:30 AM – 3:00 PM 6:00 PM – 5:00 PM

Counting Trading Days

  • A “Trading Day” is counted when at least one trade is placed during the 6:00 PM EST to 5:00 PM EST next day period
  • You must trade on a minimum of 2 separate trading days to pass the challenge
  • For payout eligibility in Prime Accounts, you need a minimum of 5 trading days with at least $300 in profit

Holiday Trading

  • YRM Prop follows the standard CME holiday schedule
  • On early close days, all positions must be closed by the designated early market close time
  • Holiday schedules are typically announced on our website and trader dashboard

Rationale for Time Restrictions

These timing rules serve multiple purposes:

  • Enable accurate end-of-day account performance calculations
  • Prevent overnight risk during market closures
  • Ensure all traders operate under consistent evaluation conditions
  • Allow for proper risk monitoring across all funded accounts

By adhering to these approved trading sessions and market hours, you’ll maintain compliance with our rules while having access to diverse trading opportunities across multiple market sessions.

Economic Calendar Events and Trading Protocols

YRM Prop maintains specific protocols for trading around significant economic events to manage risk and promote consistent performance. Understanding these guidelines is essential for successful trading with our funded accounts.

Major Economic Events Policy

During high-impact economic announcements, volatility can spike dramatically. To protect both traders and capital, we implement the following restrictions:

  • No Open Positions: Traders must not hold any open positions 2 minutes before major news releases
  • Waiting Period: Trading can resume 2 minutes after the news announcement is released
  • Applicable Events: This policy applies to high-impact events only (detailed below)

High-Impact Economic Announcements

The following economic releases are considered high-impact events subject to our trading restrictions:

  • Federal Reserve (FOMC) rate decisions and statements
  • U.S. Initial Jobless Claims
  • U.S. Core PCE (Personal Consumption Expenditures) data
  • Non-Farm Payroll (NFP) reports
  • CPI and Core CPI inflation data
  • GDP releases (Advance, Preliminary, and Final)
  • Retail Sales data
  • Central bank rate decisions (ECB, BOE, BOJ, etc.)

Recommended Resources

We recommend using one of these economic calendars to monitor upcoming events:

  • Tradingview Economic Calendar
  • Forex Factory Calendar
  • Investing.com Economic Calendar
  • TradingEconomics Calendar

Best Practices for News Events

Even for medium and low-impact news that doesn’t trigger official restrictions, consider these risk management approaches:

  1. Reduce Position Size: If trading around medium-impact news, consider smaller positions
  2. Widen Stop Losses: Account for increased volatility with appropriate stop placement
  3. Be Aware of Scheduled Releases: Review the economic calendar at the start of each trading week
  4. Consider Time-Based Exits: Exit positions well before major announcements if practical

Violation Consequences

Trading during restricted news periods could result in:

  • Warning for first-time violations
  • Potential account suspension for repeated violations
  • Account termination for intentional pattern of news trading

The Rationale Behind Our Policy

This policy is designed to:

  • Protect traders from extreme volatility and potential slippage
  • Ensure consistent and fair evaluation across all trader accounts
  • Promote trading skill rather than high-risk news trading strategies
  • Create a sustainable trading environment focused on consistent performance

By respecting these protocols around economic releases, you’ll maintain compliance with our rules while protecting your account from the outsized risks that can accompany major economic announcements.

Micro and Mini Contracts

Trading Micro and Mini Contracts: Guidelines and Limitations

YRM Prop’s account structure supports trading in both micro and mini futures contracts, with specific guidelines designed to provide flexibility while maintaining proper risk management. Here’s what you need to know about contract limitations and position sizing:

Contract Size Equivalencies

When calculating your position limits, we use the following equivalencies:

Contract Type Equivalent to Micros
1 Micro (MES, MNQ, etc.) 1 micro unit
1 Mini (ES, NQ, etc.) 10 micro units
1 Full-size contract 50 micro units

Position Limits by Account Tier

Each account tier has a maximum position limit expressed in micro contract equivalents:

Account Size Max Position (Micros) Examples of Allowed Combinations
$50K Account 50 micros total • 50 MES contracts<br>• 5 ES mini contracts<br>• 2 ES mini + 30 MES<br>• 1 full-size + 0 others
$100K Account 100 micros total • 100 MES contracts<br>• 10 ES mini contracts<br>• 5 ES mini + 50 MES<br>• 2 full-size + 0 others
$150K Account 150 micros total • 150 MES contracts<br>• 15 ES mini contracts<br>• 10 ES mini + 50 MES<br>• 3 full-size + 0 others

Trading Multiple Instruments

When trading across different futures instruments:

  • The combined total of all positions must not exceed your account’s micro equivalent limit
  • Each instrument’s micro equivalent value counts toward your total allocation
  • You can diversify across multiple instruments as long as the total remains under your limit

Contract Type Recommendations

  • New Traders: We recommend focusing on micro contracts (MES, MNQ, M2K, etc.) to allow for greater position diversification and more precise risk management
  • Experienced Traders: Mini contracts (ES, NQ, etc.) can be more capital efficient due to lower commission costs per contract value
  • Full-Size Contracts: Generally only recommended for the most experienced traders due to their significant capital requirements and impact on position limits

Margin Requirements

While YRM Prop covers the margin requirements for your trading, it’s good practice to be aware of typical margin requirements for each contract type:

  • Micro contracts: Typically require $50-$200 in margin per contract
  • Mini contracts: Typically require $500-$2,000 in margin per contract
  • Full-size contracts: Typically require $2,500-$10,000 in margin per contract

Understanding these position limits and guidelines will help you optimize your trading strategy while staying within YRM Prop’s risk management framework.

Daily Risk Management Limits

Understanding YRM Prop’s Daily Risk Management Limits

YRM Prop implements a flexible approach to daily risk management to provide traders with sufficient freedom while still promoting responsible trading practices. Here’s the accurate information about our daily risk parameters:

Daily Loss Guidelines

Each account tier has recommended daily loss parameters:

Account Size Daily Loss Guideline Percentage of Account
$50K $1,000 2%
$100K $2,000 2%
$150K $3,000 2%

Important Clarification: These daily loss percentages are advisory guidelines only, not strictly enforced limits. They are designed to help traders manage risk appropriately.

Soft Breach System

  • No Automatic Liquidation: Exceeding the daily loss guideline will NOT result in account liquidation or suspension
  • Notification Purpose: The system tracks these soft breaches to provide you with risk management feedback
  • Trader Discretion: You maintain full control of your trading decisions throughout the trading day

What Actually Matters

The only hard limit that will result in account failure is the Maximum Drawdown Limit:

Account Size Maximum Drawdown Limit
$50K $2,000
$100K $3,000
$150K $4,500

This maximum drawdown is calculated on an end-of-day basis, giving you flexibility for intraday drawdowns as long as you recover before market close.

Strategic Benefits

This approach provides several advantages:

  1. Trading Freedom: Execute your strategy without fear of arbitrary intraday cutoffs
  2. Recovery Opportunity: Ability to work through temporary drawdowns within the same session
  3. Focus on End Results: Emphasis on where your account stands at the end of the day, not during volatile intraday swings
  4. Learning Tool: Use the soft breach notifications as a personal risk management guide

YRM Prop’s approach to daily risk management is designed to be trader-friendly while still promoting responsible capital preservation. The daily guidelines serve as helpful benchmarks rather than restrictive limitations on your trading activity.

The 35% Consistency Requirement Explained

The 40% Consistency Rule is a key risk management policy for YRM Prop Prime Accounts designed to encourage sustainable trading practices and prevent excessive risk-taking. Here’s a comprehensive breakdown of how it works:

What is the 35% Consistency Rule?

The 35% Consistency Rule states that no single trading day can account for more than 35% of your total account profits. This rule ensures that your profitability comes from consistent trading performance rather than a single lucky trade or day.

How It Works in Practice

Let’s illustrate with some examples:

Example 1: Within the Rule

A trader with a $50K Prime Account has accumulated $1,000 in total profits:

  • Monday: +$200 (20% of total)
  • Tuesday: +$300 (30% of total)
  • Wednesday: +$100 (10% of total)
  • Thursday: +$400 (40% of total)

This trader is compliant with the 35% Consistency Rule because no single day exceeds 35% of the total profits.

Example 2: Violating the Rule

A trader with a $100K Prime Account has accumulated $2,000 in total profits:

  • Monday: +$200 (10% of total)
  • Tuesday: +$900 (45% of total)
  • Wednesday: +$300 (15% of total)
  • Thursday: +$600 (30% of total)

This trader is violating the 35% Consistency Rule because Tuesday’s profits represent 45% of the total, exceeding the 35% threshold.

YRM Prop Prime Account Trading Parameters

After successfully passing a YRM Prop challenge, you’ll gain access to a Prime Account with specific trading parameters designed to balance trader freedom with proper risk management.

Account Structure

  • Account Sizes: Matches your challenge tier ($50K, $100K, or $150K)
  • Trading Environment: Simulated account with real-time market data
  • Duration: Unlimited as long as trading rules are followed
  • Maximum Accounts: Up to 5 Prime Accounts can be active simultaneously

Trading Limits

  • Maximum Position Sizes:
    • $50K Account: 5 positions (50 micros) maximum
    • $100K Account: 10 positions (100 micros) maximum
    • $150K Account: 15 positions (150 micros) maximum
  • Maximum Loss Limits:
    • $50K Account: $2,000 maximum drawdown
    • $100K Account: $3,000 maximum drawdown
    • $150K Account: $4,500 maximum drawdown
  • Drawdown Calculation: End-of-day trailing drawdown evaluation

Trading Rules

  • Trading Hours: All positions must be closed by 4:15 PM EST and may be reopened after 6:00 PM EST
  • Weekend Policy: No positions may be held over the weekend
  • News Trading: No open positions 2 minutes before/after major economic announcements
  • Consistency Rule: No single trading day can account for more than 40% of total profits
  • Minimum Hold Time: At least 50% of trades must be held for more than 1 minute

Payout Structure

  • Profit Split: 100% of the first $10,000 in profits, then 90/10 split (90% to you)
  • Minimum Payout Requirement: $300 profit over at least 5 trading days
  • Payout Processing: Weekly payout schedule with 24-hour processing time
  • Profit Cap: $35,000 maximum profit per Prime Account before Live Account consideration

Platform Compatibility

  • Supported Platforms: NinjaTrader and Tradovate
  • Data Feeds: Real-time market data with advanced charting capabilities
  • API Integration: Available for experienced traders (platform-dependent)

Account Progression

After demonstrating consistent profitability and reaching your account’s profit cap ($35,000), you may be eligible to transition to a Live Funded Account with the same favorable profit-sharing structure but using real capital in the markets.

These parameters create a structured environment that rewards disciplined trading while providing the flexibility needed to implement your strategy effectively.

What are the approved trading hours and sessions?

YRM Prop enforces specific trading hours and session rules to manage risk and ensure proper account evaluation. Here are the key trading time restrictions:

Daily Trading Sessions

  • Weekday Trading: You can trade during normal market hours, but all positions must be closed by 4:15 PM EST each day
  • Overnight Trading: You may reopen positions after 6:00 PM EST if you wish to trade evening sessions
  • No Holding Overnight: While you can trade evening sessions, all positions must still be closed by 4:15 PM EST the following day

Weekend Restrictions

  • Weekend Policy: No positions may be held over the weekend
  • Friday Close: All positions must be closed before the weekend market close on Friday
  • Sunday/Monday Open: You may begin trading again when markets reopen for the new week

News Event Restrictions

  • Major Economic Announcements: No open positions are allowed 2 minutes before major news releases
  • Post-News Trading: You may resume trading 2 minutes after the news release
  • Affected News Events: These include FOMC decisions, U.S. Jobless Claims, US Core PCE releases, and other significant economic announcements

Trading Days Definition

  • A “Trading Day” is counted as at least one trade placed between 6:00 PM EST and 5:00 PM EST the next day
  • You must trade on a minimum of 2 separate trading days to pass the challenge

These time restrictions are designed to enforce disciplined risk management and prevent excessive exposure during volatile market periods. The end-of-day position closing requirement allows for proper daily drawdown calculations and account evaluation.

Do YRM Prop challenges have completion deadlines?

No, YRM Prop challenges do not have hard deadlines or time limits for completion. You can take as long as you need to reach your profit target and fulfill the challenge requirements.

Key points about challenge timing:

  1. No expiration date: Your challenge remains active until you either pass by reaching the profit target or fail by violating one of the trading rules (such as exceeding the maximum loss limit).
  2. Minimum trading days: While there’s no maximum time limit, you must trade on at least 2 separate calendar days to pass the challenge. This minimum requirement ensures you can demonstrate consistent trading rather than relying on a single day of performance.
  3. Trading session restrictions: Although there’s no overall time limit, remember that you must close all positions by 4:15 PM EST each day and cannot hold positions over weekends.
  4. Challenge reset: If you fail a challenge, you can reset it immediately by paying the reset fee ($50 for $50K, $100 for $100K, or $150 for $150K challenges for the first three resets).
  5. Post-passing activation: After successfully passing a challenge, you have 30 days to activate your Prime Account by paying the $99 activation fee. If you don’t activate within this timeframe, you’ll need to pass a new challenge.

This flexible approach allows you to trade at your own pace and develop your strategy properly without unnecessary time pressure, which we believe leads to better trading decisions and improved long-term performance.

Can business entities participate in YRM Prop challenges?

Yes, business entities can participate in YRM Prop challenges. We welcome traders operating as corporations, LLCs, or other business structures.

Here’s how it works for business entities:

  1. Registration Process: During signup, you can indicate that you’re trading as a business entity rather than an individual. Your challenge account can be established immediately while business verification occurs in parallel.
  2. Business Verification: Before your first payout, our compliance team will conduct a Business Verification process, which requires documentation such as:
    • Certificate of Incorporation or equivalent business registration
    • Company ownership structure documentation
    • Verification of authorized traders
    • Business banking information for payouts
    • Photo identification for major stakeholders (20%+ ownership)
  3. Account Structure: Business accounts follow the same trading rules and profit-sharing structure as individual accounts. You can choose any challenge tier ($50K, $100K, or $150K) based on your trading objectives.
  4. Tax Considerations: Trading through a business entity may offer tax advantages depending on your jurisdiction and business structure. However, we recommend consulting with a tax professional regarding your specific situation.
  5. Multiple Traders: Business accounts can potentially allow different traders to operate under the same business entity, subject to our approval.

Note that all YRM Prop accounts must be consistently either personal or business accounts – you cannot mix both types under the same username or dashboard.

What types of challenges does YRM Prop offer?

YRM Prop offers three tiers of trading challenges designed to suit traders at different experience and capital levels:

Feature$50K Challenge$100K Challenge$150K Challenge
Entry Fee$99$150$200
Profit Target$3,000$5,000$9,000
Max Positions5 (50 Micros)10 (100 Micros)15 (150 Micros)
Max Loss Limit$2,000$3,000$4,500
Min Trading Days222
Activation Fee$99$99$99
Reset Fee$50*$100*$150*
Drawdown TypeEnd of DayEnd of DayEnd of Day
*Reset fees apply for the first 3 resets. Subsequent resets revert to the original entry fee.

All challenges include an End-of-Day drawdown assessment and require a one-time activation payment upon successful completion. Traders who pass will be upgraded to a Prime Account, which offers a 90/10 profit-sharing arrangement and quick 24-hour withdrawals.

 

Profit-Sharing

How does the profit-sharing structure work for funded accounts?

YRM Prop offers a trader-friendly profit-sharing structure designed to maximize your earnings while providing a clear path to growth:

Profit Split Structure

  1. First $10,000 in Profits: You keep 100% of the first $10,000 in profits you generate in your Prime Account. This initial full retention period allows you to build capital quickly without any profit sharing.
  2. Beyond $10,000: After reaching the initial $10,000 threshold, profits are shared at a 90/10 split, where you retain 90% and YRM Prop receives 10%. This industry-leading split applies to all subsequent profits.

Profit Caps and Progression

  • $35,000 Cap Per Account: Each Prime Account has a maximum profit accumulation limit of $35,000 (including the initial $10,000 at 100% retention).
  • Multiple Account Management: You can maintain up to 5 Prime Accounts simultaneously, each with its own $35,000 profit cap. This allows you to manage up to $175,000 in total profit potential across all accounts.
  • Live Account Transition: Once you reach the $35,000 cap on any Prime Account, you become eligible for consideration to transition to a Live Funded Account. If you have multiple accounts at the cap, these can potentially be consolidated into a single larger Live Account.

Payout Process

  • Minimum Requirement: You must accumulate a minimum of $300 in profit over at least 5 trading days to request a payout.
  • Consistency Rule: Our 40% Consistency Rule means that no single trading day can account for more than 40% of your total profits, ensuring sustainable trading practices.
  • Payout Schedule: Payouts are processed weekly, with funds delivered within 24 hours of approval.
  • Profit Forfeiture: Any profits exceeding the $35,000 cap on a Prime Account will be forfeited, so we recommend requesting payouts regularly.

This profit-sharing structure is designed to reward skilled traders while providing a sustainable business model that allows us to continue offering funded accounts to qualified traders.

Are there any upfront costs or fees to join?

Yes, there are some upfront costs to participate in the YRM Prop program:

  1. Challenge Entry Fee: This is the initial cost to access our evaluation challenge:
    • $50K Challenge: $99 entry fee
    • $100K Challenge: $150 entry fee
    • $150K Challenge: $200 entry fee
  2. Activation Fee: If you successfully pass the challenge, there’s a one-time $99 activation fee to access your funded Prime Account, regardless of which challenge tier you choose.

These fees cover our operational costs, trading platform access, and the capital allocation process. There are no hidden charges or monthly subscription fees – you only pay the entry fee and, upon success, the activation fee.

If you’re unsuccessful in your challenge, you can reset and try again for a reduced fee:

  • $50K Challenge: $50 reset fee (for first 3 resets)
  • $100K Challenge: $100 reset fee (for first 3 resets)
  • $150K Challenge: $150 reset fee (for first 3 resets)

After three resets at the discounted rate, any additional resets revert to the original entry fee cost.

How to choose the right funding tier for your trading style?

Selecting the appropriate funding tier at YRM Prop is a crucial decision that should align with your trading experience, capital requirements, and risk tolerance. Here’s a comprehensive guide to help you make the best choice:

Assess Your Trading Experience

  • $50K Challenge: Ideal for newer traders or those new to prop firm evaluations. This tier provides a more accessible entry point with lower position size limits (5 positions/50 micros) and a more manageable profit target.
  • $100K Challenge: Well-suited for intermediate traders with some consistent trading experience. This tier balances risk and opportunity with moderate position sizes (10 positions/100 micros).
  • $150K Challenge: Designed for experienced traders who are comfortable managing larger positions (15 positions/150 micros) and higher profit targets in exchange for greater capital allocation.

Consider Your Trading Style

For Day Traders:

  • If you prefer frequent, smaller trades with tight risk management, the $50K or $100K challenges may provide sufficient capital while keeping your risk parameters comfortable.
  • Look at the max daily loss limits ($2,000 for $50K, $3,000 for $100K, $4,500 for $150K) to ensure they accommodate your typical drawdown ranges.

For Swing Traders:

  • Consider how the end-of-day position closing requirement will affect your strategy
  • Larger account sizes may be preferable if you typically take fewer but larger positions

For Scalpers:

  • Evaluate the maximum position limits carefully
  • Remember our minimum hold time requirements—at least 50% of trades must be held for more than 1 minute

Analyze the Risk-Reward Balance

  • Entry Fee to Capital Ratio: The $100K challenge offers the best “value” at $1.50 per $1K of capital (compared to $1.98 for $50K and $1.33 for $150K)
  • Profit Target Percentage: Required targets are 6% for $50K, 5% for $100K, and 6% for $150K
  • Drawdown Flexibility: Maximum loss limits represent 4% for $50K, 3% for $100K, and 3% for $150K of account value

Starting Conservative vs. Ambitious

Starting with a smaller tier allows you to:

  • Familiarize yourself with our rules and platform with less capital at risk
  • Test your strategy in our environment before scaling up
  • Potentially maintain multiple accounts with different strategies

However, if you’re confident in your abilities and require significant capital, starting with a larger tier can provide greater earning potential from the outset.

Final Recommendation

Most traders find the $100K challenge to be the optimal balance of affordability, potential returns, and risk parameters. However, you should choose based on your individual trading style, experience level, and financial goals.

Remember that you can always scale up by adding additional accounts (up to 5 total) after successfully passing your first challenge.

How do I select my funding tier?

What is YRM Prop and how do I select my funding tier?

YRM Prop is a proprietary trading firm that provides capital to skilled traders through a performance-based evaluation system. We offer trading challenges that allow you to demonstrate your skills and earn access to funded trading accounts with a favorable 90/10 profit split.

About YRM Prop

Our firm was founded by the owners of Ocean-One Securities, a licensed broker-dealer based in the Bahamas, bringing substantial financial expertise to our operations. We focus on creating transparent rules, offering professional trading platforms, and providing a clear path for traders to grow their careers.

Selecting Your Funding Tier

YRM Prop offers three challenge tiers to match your experience level and capital requirements:

Feature$50K Challenge$100K Challenge$150K Challenge
Entry Fee$99$150
$200
Profit Target$3,000$5,000$9,000
Max Positions5 (50 Micros)10 (100 Micros)15 (150 Micros)
Max Loss Limit$2,000$3,000$4,500

To select your tier:

  • Assess your trading experience – Choose a tier that matches your comfort level with position sizes and profit targets
  • Consider your risk tolerance – Each tier has different maximum loss limits
  • Evaluate your trading capital – Higher tiers require larger entry fees but offer more trading capital
  • Click “Start Challenge” – On your preferred tier to begin the registration process

How does YRM Prop differ from other prop firms?

YRM Prop stands apart from other proprietary trading firms through several key differentiators:

Institutional Backing

Unlike many prop firms that operate independently, YRM Prop was founded by the owners of Ocean-One Securities, a licensed broker-dealer based in the Bahamas. This institutional connection brings substantial financial expertise and industry knowledge to our operations.

Trader-Focused Profit Structure

  • 100% retention on first $10K: Keep all profits up to your first $10,000
  • 90/10 split thereafter: One of the most competitive profit-sharing models in the industry
  • No monthly fees: Unlike firms that charge recurring subscription fees

Efficient Capital Path

  • Quick challenge completion: Only 2 minimum trading days required compared to 5-10 at other firms
  • Rapid payout processing: 24-hour payment processing after approval
  • Clear progression stages: Transparent pathway from Challenge to Prime to Live accounts

Trading Flexibility

  • No strict time limits: Complete challenges at your own pace
  • Multiple account management: Maintain up to 5 Prime Accounts simultaneously
  • 35% Consistency Rule: More flexible than the 50% or stricter rules at other firms

Professional Platform Integration

  • Real-world trading platforms: Direct integration with industry-standard platforms like NinjaTrader and Tradovate
  • Professional data feeds: Access to high-quality market data and advanced charting tools

Business-Friendly Structure

  • Corporate accounts welcome: Ability to trade through business entities with appropriate verification
  • Multiple trader solutions: Options for trading teams or organizations

Growth-Oriented Design

  • $35K profit cap per account: Higher than many competitors
  • Consolidation opportunities: Potential to combine successful accounts into larger Live accounts
  • Path to live funding: Clear transition process based on consistent performance

Our approach focuses on creating sustainable, long-term partnerships with skilled traders rather than maximizing challenge failures and reset fees. We’re committed to finding and supporting genuine trading talent with the capital they need to succeed.

How many Prime Accounts can I have at once?

You can have up to 5 Prime Accounts active simultaneously with YRM Prop. This limit applies to the total number of Prime Accounts you manage across all account sizes ($50K, $100K, and $150K).

Each Prime Account operates independently with its own:

  • Trading capital
  • Profit targets
  • Drawdown limits

If you pass more than 5 challenges, your additional passed accounts will remain inactive until one of your active Prime Accounts is closed or lost due to rule violations. You can select which accounts to activate based on your trading preferences and strategy.

Important: If you don’t activate a passed challenge by paying the activation fee within 30 days of passing, the account will expire and become invalid. In this case, you would need to pass a new challenge to gain access to a Prime Account. We recommend activating your accounts promptly after passing to avoid losing your achievement.

This multiple account structure allows you to diversify your trading approaches or scale your overall capital access while maintaining a manageable number of accounts for both you and our risk management team.

Does YRM Prop accept Corporate Accounts?

Yes, YRM Prop welcomes traders operating as businesses or corporate entities. We’ve designed our account structure to accommodate both individual traders and established trading businesses.

Trading as a Business with YRM Prop

When you choose to trade through your business entity with YRM Prop, you’ll follow a straightforward process:

  • Initial Registration: During signup, you can indicate that you’re trading as a business entity rather than an individual. Your challenge account can be established immediately while business verification occurs in parallel.
  • Business Verification: Before your first payout, our compliance team will conduct a Business Verification process to ensure regulatory compliance. This is separate from the standard individual verification process.
  • Required Documentation: Typically includes:
    Certificate of Incorporation or equivalent business registration documents
    Company ownership structure documentation
    Verification of authorized traders
    Business banking information for payouts
    Photo identification for major stakeholders (20%+ ownership)

Benefits for Business Trader

Operating as a business entity with YRM Prop offers several advantages:

  • Tax Efficiency: Potential tax benefits depending on your jurisdiction and business structure
  • Multiple Traders: Ability to have different traders operate under the same business entity
  • Brand Preservation: Maintain your trading business identity while accessing our capital
  • Professional Structure: Better positioning for potential future scaling opportunities

Important Considerations

Profit Sharing in YRM Prime Accounts

The profit-sharing model in YRM Prop’s Prime Accounts is designed to maximize trader earnings while establishing a clear pathway to live funded trading.

Profit Retention Structure

  • 100% Retention of First $10,000: Traders keep 100% of the first $10,000 they earn in their Prime Account. This full retention period allows traders to build capital quickly without any profit sharing.
  • 90/10 Split After Initial $10,000: Once a trader has earned beyond the initial $10,000, profits are shared at a 90/10 split, where traders retain 90% and YRM Prop receives 10%. This industry-leading split continues for the duration of the Prime Account phase.

Account Growth and Live Transition

  • $35,000 Profit Cap Per Account: Each Prime Account has a maximum profit accumulation limit of $35,000. This cap ensures traders can demonstrate sustained profitability while preparing for the transition to live trading.
  • Multiple Account Management: Traders can maintain up to 5 Prime Accounts simultaneously, each with its own $35,000 profit cap. This allows skilled traders to manage up to $175,000 in total profit potential across all accounts.
  • Automatic Live Account Consideration: When a trader reaches the $35,000 cap on any Prime Account, they become eligible for review and potential transition to a Live Funded Account.

Live Account Transition

  • Account Consolidation: If a trader has multiple Prime Accounts that have reached the $35,000 cap, these accounts can be consolidated into a single Live Funded Account with the combined capital.
  • Profit Forfeiture Policy: Any profits exceeding the $35,000 cap on a Prime Account will be forfeited. We recommend requesting payouts regularly to maximize your earnings before reaching the cap.
  • Continuing Benefits: Upon transition to a Live Funded Account, traders maintain the same 90/10 profit split but gain access to live market execution and potential for further account scaling.

Restricted Countries

Restricted Countries:

Take the countries listed under Rise, Those countries will be the once we can accept.

Challenge Accounts vs. Prime Accounts

What is the difference between Challenge accounts, Prime accounts, and Live accounts with YRM Prop?

Each account type at YRM Prop represents a different stage in our trader evaluation and funding process:

Account TypePurposeKey FeaturesTrading Environment
Challenge AccountEvaluation phase to demonstrate trading skills• Time-limited assessment
• Must meet profit target
• Must follow all trading rules
• Entry fee required
Simulated
Prime AccountIntermediate funded phase after passing challenge• 90/10 profit split
• 40% consistency rule applies
• Minimum $300 profit over 5 days for payouts
• Payouts processed within 24 hours
• Activation fee required
Simulated
Live AccountAdvanced funded phase for proven traders• Same 90/10 profit split
• Opportunity for account scaling
• Selected by management based on consistent performance
Live market

The progression from Challenge to Prime to Live accounts allows us to gradually evaluate traders while providing increasing opportunities. Challenge accounts test basic profitability, Prime accounts assess consistency over time, and Live accounts represent our highest level of confidence in a trader’s abilities.

While both Prime and Live accounts offer the same profit-sharing structure, Live accounts trade with real capital in the markets rather than in a simulated environment, and are offered only to traders who have demonstrated exceptional consistency.

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