PropShopTrader
PropShopTrader is an Estonia-based proprietary trading firm offering evaluation and live funded accounts to retail traders in U.S. equities and futures. Its Gladiator program, built on Tickblaze technology, transitions qualified traders to Real Prop accounts with 80/20 profit splits.
- Company typePrivate
- Founded2024
- HeadquartersTartu, Estonia
- Headcount1–10
- GTM typeB2C
- OfferingServices
What PropShopTrader does
PropShopTrader is an Estonia-based multi-asset proprietary trading firm that provides retail traders with evaluation accounts and live funded trading accounts in U.S. equities and futures. The company targets individual traders globally, accepted from 128 countries, and structures its offering around the Gladiator program with three variants (Light, Forge, Sprint) that move qualified traders through benchmark-based progression into Real Prop Trading Accounts with an 80/20 profit split and no payout caps. Stock traders additionally receive structured signing bonuses upon Real Prop transition.
The platform is built on Tickblaze technology, providing multi-asset execution, institutional-grade charting, real-time market data, multi-account management, and a built-in trade copier (IgniteCopier) offered free to PST customers. Supporting infrastructure includes third-party integrations with Sterling Trading Tech (OMS 360 for equities), CryptoProcessing by CoinsPaid (crypto payments), BookMap, Trade Ideas, TC2000, and ETP Trade Copier. The Spartan Program enables experienced traders with verifiable live broker performance to bypass evaluation and enter Real Prop directly.
The business model combines one-time evaluation fees ($110-$595, with bundle and crypto discounts), recurring reset fees, an 80/20 transaction-fee split on Real Prop payouts, and an affiliate/referral program paying up to 17% commissions. Go-to-market is product-led growth via a self-serve website, supported by digital channels (Discord, X, YouTube) and a vendor network. The company is privately held, headquartered in Tartu, Estonia as PropShopTrader OÜ, with 1-10 employees, and has filed at least one SEC Form D securities offering.
PropShopTrader firmographics
Firmographics- Name
- PropShopTrader
- Legal name
- PropShopTrader OÜ
- Website
- https://propshoptrader.com
- Company type
- Private
- Founded year
- 2024
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- PropShopTrader is an Estonia-based proprietary trading firm offering evaluation and live funded accounts to retail traders in U.S. equities and futures. Its Gladiator program, built on Tickblaze technology, transitions qualified traders to Real Prop accounts with 80/20 profit splits.
- Ownership category
- akta.pro rank
PropShopTrader industry classification
Industry- Product category
- Proprietary Trading
- NAICS
- Commodity Contracts Intermediation (52316), Securities and Commodity Contracts Intermediation and Brokerage (5231)
- SIC
- Commodity Contracts Brokers & Dealers (6221), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Multi-Asset Liquidity Aggregators & Matching Engines (FSAFAEAI)
Keywords
Where PropShopTrader is headquartered
LocationHeadquarters
- HQ city
- Tartu
- HQ country
- Estonia
- HQ region
- Europe
Offices1 record
Markets served
PropShopTrader business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure, Supply Chain
Revenue model
- Evaluation Account Sales: One-time fees for evaluation accounts across Futures (Light, Forge, Sprint variants) and Stocks (Intraday and Swing) programs. Pricing ranges from $110-$170 for Futures Sprint accounts, $229-$449 for Stock accounts, with bundle discounts up to 60% available. Reset fees apply for account restarts.
- Real Prop Profit Split: 80/20 profit split on Real Prop Trading Accounts where traders receive 80% of profits. No payout caps in Real Prop phase. Monthly payout cadence subject to compliance and risk review.
- Affiliate Commission: Commission-based revenue from affiliate program: Standard affiliates earn 12% initially (first 6 months), reducing to 5-7% thereafter. Top affiliates (maintaining $50K+ tracked revenue per 30-day period) earn up to 17% initially. Commissions apply to Instant Gladiator account purchases and resets.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Pay-as-you-go | Gladiator Sprint 25K Futures - One-time fee evaluation account with 1-day pass requirement and 3-day payout cycles |
| One time/ perpetual license | Pay-as-you-go | Gladiator Sprint 50K Futures - One-time fee evaluation account with higher capital and payout targets |
| One time/ perpetual license | Pay-as-you-go | Gladiator Light 25K Futures - Standard evaluation with 6-8 benchmarks required for Real Prop |
| One time/ perpetual license | Pay-as-you-go | Gladiator Light 50K Futures - Higher capital evaluation with increased targets |
| One time/ perpetual license | Pay-as-you-go | Gladiator Forge 25K Futures - Direct payout accounts with 6 benchmarks for Real Prop |
| One time/ perpetual license | Pay-as-you-go | Gladiator Forge 50K Futures - High-tier direct payout account |
| One time/ perpetual license | Pay-as-you-go | Gladiator 25K Stocks - Equities evaluation with signing bonus structure |
| One time/ perpetual license | Pay-as-you-go | Gladiator 50K Stocks - Higher capital equities evaluation |
| One time/ perpetual license | Pay-as-you-go | Gladiator Swing 25K Stocks - Weekly benchmark swing trading accounts |
| One time/ perpetual license | Pay-as-you-go | Gladiator Swing 50K Stocks - Higher capital swing trading |
| One time/ perpetual license | Pay-as-you-go | Forge Direct Accounts - Intraday drawdown variant |
| One time/ perpetual license | Pay-as-you-go | Forge Direct Accounts - EOD drawdown variant |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels8 records
PropShopTrader product offering
Product offeringCore offering
PropShopTrader is a multi-asset proprietary trading firm that sells Gladiator evaluation accounts to retail traders for trading U.S. futures and equities on simulated capital. Traders who complete benchmark-based evaluations progress to Real Prop Trading Accounts (RPTA) where they trade with firm capital under an 80/20 profit split with no payout caps. The program is powered by the Tickblaze trading platform and includes free Tickblaze IgniteCopier, real-time market data, and an integrated trade copier.
Product overview
PropShopTrader is a multi-asset proprietary trading firm offering a structured evaluation and progression platform for stocks and futures traders. The core product is the Gladiator Accounts program, available in three variants: Gladiator Light (standard evaluation with automatic sim payouts), Gladiator Forge (direct-to-payout evaluation), and Gladiator Sprint (fast-path evaluation). These accounts support both Futures trading (indices, energies, metals, currencies, agricultural, micro contracts) and Stocks trading (thousands of U.S. equities with day and swing trading). The Tickblaze platform serves as the foundational technology layer, providing charting, execution, automation, and multi-account management. Trade copier functionality is available through Tickblaze IgniteCopier (included free) and the ETP Trade Copier (partner product). The Benchmark System forms the evaluation framework, measuring structured consistency through performance milestones. Traders who complete required benchmarks transition to Real Prop Trading Accounts (RPTA), which feature an 80/20 profit split with no payout caps. The Signing Bonus program provides upfront bonuses for Stock accounts upon Real Prop transition. The Spartan Program offers direct Real Prop entry for experienced traders with verified live broker performance. An Affiliate Program enables partners to earn recurring commissions on referrals.
Differentiator
Problem solved
Functional benefit
Brands
- Gladiator: The primary branded account program for PropShopTrader's evaluation and payout accounts, available for both Futures and Stocks, including variants such as Gladiator Light, Gladiator Forge, and Gladiator Sprint.
- Gladiator Sprint
- Gladiator Forge
- Gladiator Light
- Spartan Program
- Real Prop Trading Account (RPTA)
- Real Prop
Products and services
- Gladiator Evaluation Accounts One-time-fee evaluation accounts (Futures Light/Forge/Sprint and Stocks Intraday/Swing) available in 25K, 50K, and 100K sizes. Traders trade simulated capital within defined drawdown limits and profit targets to build verified consistency before transitioning to Real Prop.
- Real Prop Trading Account (RPTA) Live proprietary trading accounts with firm-allocated capital, an 80/20 profit split in the trader's favor, no payout caps, monthly payout cadence, and scaling potential based on risk management performance.
- Spartan Program Direct entry pathway into Real Prop Trading Accounts for experienced traders with verifiable live broker performance (minimum 3-6 months of trading history), bypassing the standard evaluation phase.
- Account Resets Purchasable reset options for Gladiator accounts (Standard, Benchmark, and Drawdown variants) that allow traders to restart evaluation progress or restore drawdown capacity, with a lifetime limit of 10 resets per account.
Companies that use PropShopTrader
Customer profileSegments5 records
Ideal customer profiles5 records
PropShopTrader technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature6 records
PropShopTrader partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- Sterling Trading TechcorePropShopTrader selected Sterling Trading Tech's OMS 360 platform to support entry into equities trading as a second asset class alongside futures. The integration was driven by anticipated PDT rule changes, leveraging Sterling's advanced equities trading capabilities and real-time Reg T and Portfolio Margin enforcement. This partnership highlights Sterling's growing footprint in serving proprietary trading firms.
- CryptoProcessing by CoinsPaidcoreEstonia-based PropShopTrader integrated CryptoProcessing by CoinsPaid's cryptocurrency payment gateway, enabling users to pay with over 20 cryptocurrencies while the company can automatically convert funds to USDC or fiat. Integration resulted in approximately 7% client crypto adoption, 3% reduction in average transaction costs, and 5% revenue increase.
- TickblazecoreTickblaze is the core trading platform powering PropShopTrader - a multi-asset, broker-neutral platform combining execution, automation, analytics, and infrastructure. Tickblaze provides institutional-level charting, multi-asset trading across Futures and Stocks, integrated multi-account management, and built-in IgniteCopier for trade copying.
- Tickblaze IgniteCopiercoreTickblaze IgniteCopier is a professional-grade trade copier built directly into the Tickblaze platform. Included FREE for all PST customers with 100% local execution (no cloud dependency), multi-asset support, built-in risk management, and real-time low-latency execution.
- Cyber Trading UniversityminorTrading education and coaching company led by Fausto Pugliese providing structured learning, live coaching, and community support. Partners with PropShopTrader to help traders build real, repeatable skills.
Scale indicators5 records
Recent moves6 records
Expansion highlights6 records
PropShopTrader competitors and assessment
Company assessmentDirect peers
- FTMO: FTMO is the largest retail prop trading firm, offering evaluation accounts and funded trader programs across forex, indices, and commodities. Directly comparable as a prop firm serving retail traders with simulated evaluation → funded account progression.
- Topstep: Topstep is a U.S.-focused futures prop trading firm offering evaluation accounts and funded trader programs. Directly comparable to PropShopTrader's futures evaluation products with similar evaluation and benchmark mechanics.
- Apex Trader Funding: Apex Trader Funding is one of the largest U.S. futures prop firms offering evaluation accounts with funded payouts. Closely comparable to PropShopTrader on product structure (futures evaluation with profit splits) and target customer.
- FundedNext: FundedNext is a fast-growing retail prop firm offering evaluation programs and funded accounts across forex, indices, and metals. Comparable to PropShopTrader in target audience and evaluation-to-funded progression model.
- The5ers: The5ers is a retail prop trading firm offering evaluation and funded accounts primarily focused on forex and CFDs. Comparable to PropShopTrader on product structure (one-time evaluation fees, funded progression, profit splits).
- E8 Funding: E8 Funding is a retail prop trading firm offering evaluation accounts and funded trader programs across multiple asset classes. Closely comparable on evaluation mechanics, asset coverage, and trader progression model.
- MyFundedFX: MyFundedFX is a futures-focused prop trading firm offering evaluation accounts and funded trader programs. Comparable to PropShopTrader on the futures evaluation/payout structure and retail trader target market.
- Tradeify: Tradeify is a futures prop firm offering evaluation accounts with funded payout programs. Comparable to PropShopTrader's futures Gladiator programs on evaluation mechanics and funded progression.
- Maven Trading: Maven Trading is a futures prop firm offering simulated evaluation accounts transitioning to funded accounts. Directly comparable to PropShopTrader on product, customer segment, and progression mechanics.
Others
- Tickblaze: Tickblaze is the professional-grade, broker-neutral multi-asset trading platform that powers PropShopTrader's technology stack. Related as a core technology partner rather than a competitor — its platform roadmap directly affects PST's product capabilities.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
PropShopTrader social profiles
Digital presencePropShopTrader financial estimates
Financial estimateRevenue estimate
Valuation estimate
PropShopTrader leadership team
Management profileNumber of profiles
Profiles2 records
PropShopTrader funding detail
Funding detailFunding overview
Funding rounds2 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
PropShopTrader M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about PropShopTrader
What does PropShopTrader do?
PropShopTrader is a multi-asset proprietary trading firm that sells Gladiator evaluation accounts to retail traders for trading U.S. futures and equities on simulated capital. Traders who complete benchmark-based evaluations progress to Real Prop Trading Accounts (RPTA) where they trade with firm capital under an 80/20 profit split with no payout caps. The program is powered by the Tickblaze trading platform and includes free Tickblaze IgniteCopier, real-time market data, and an integrated trade copier.
Is PropShopTrader a public or private company?
PropShopTrader is a private company. It is classified as venture growth investor backed and is currently operating.
When was PropShopTrader founded?
PropShopTrader was founded in 2024. It employs 1 to 10 people.
Where is PropShopTrader based?
PropShopTrader is headquartered in Tartu, Estonia, in the Europe region.
How does PropShopTrader make money?
Three revenue lines are on record. Evaluation Account Sales are the primary driver. The others are real Prop Profit Split and affiliate Commission.
Who are PropShopTrader's main competitors?
Direct peers on record are FTMO, Topstep, Apex Trader Funding, FundedNext, The5ers, E8 Funding, MyFundedFX, Tradeify and Maven Trading. Tickblaze is listed as an others.
Does PropShopTrader have an API?
No public API is recorded for PropShopTrader.
What industry is PropShopTrader in?
PropShopTrader's product category is Proprietary Trading. Its primary akta.pro industry code is FSAFAEAI, Multi-Asset Liquidity Aggregators & Matching Engines. Its NAICS code is 52316 and its SIC code is 6221.