Transparency at its Core
Join the Karma Ecosystem and Elevate Your Trading Game!
Karma Evaluation
A Proprietary firm you can be with for the indefinite future
Phase 01
Phase 02
i
Karma Trader
Have the ability to get paid out for successful trading analysis.
i
Trading Period
No time limit for each Phase of the evaluation.
Unlimited
Unlimited
Indefinite
i
Minimum Trading Days
No minimum trading days required for each Phase of the Evaluation.
0 Days
0 Days
X
i
Profit Target
Profit target for Evaluation Phase 1 and 2 calculated based on closed positions.
6%
6%
X
i
Maximum Daily Drawdown
Maximum daily loss calculated from your starting account balance, resets daily.
$400
$400
$400
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Maximum Overall Drawdown
Maximum allowed overall drawdown calculated from the sum of your open and closed profits and losses.
$800
$800
$800
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Account Leverage
The leverage for all forex pairs will be fixed at 1:100, while it will be 1:30 for indices and commodities, and 1:2 for cryptocurrencies.
1:100 Maximum Leverage
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Weekend holding
Traders are not allowed to hold trades over the weekends during both the challenge phase and the karma account.
No
No
No
i
News trading
During high-frequency news events, trading restrictions apply. No new trades or modifications are allowed 4 minutes before and after. Profits reached within this window won't count, but stop losses will.
Yes
Yes
No
i
Monthly Payout Limit
Maximum monthly profit eligible for payout. Any excess profits on the account will not be counted and will not carry over to the next month.
X
X
10%
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Fee
One-time fee that covers all costs to take up the challenge and become a Karma trader.
$59
Free
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Bonus
Traders receive a performance bonus of 0.25% of the initial account value along with their first payout.
Why Us
1
Transparency
Transparency is at the core of our ethos. We uphold this principle by providing clear and comprehensive guidelines, leaving no room for ambiguity. In addition to transparent rules, we also commit to publishing quarterly and monthly performance reports, ensuring transparency in all our operations.
2
04 Day Payouts
Our Karma traders receive timely payouts, with the ability to request their payouts every 4 business days from the second payout onward. Please note, the first payout takes 10 business days.
3
Achievable Targets
At Karma, we offer feasible profit targets with our Stability Challenge of 6% for both Phases and our Action Challenge of 8% for Phase 1 and 4% for Phase 2.
4
UAE Based
Karma Prop Traders is strategically incorporated in the UAE to ensure that we can innovate and prosper as a transparent and sustainable business.
5
Sustainable Pricing
At Karma, sustainability is paramount in our considerations. This is reflected in our pricing strategy for evaluations, meticulously aligned with sustainable principles.
6
Balance Based Drawdown
The balance based drawdown is the traders choice from all daily drawdown types. This ensures traders the opportunity to analyse the markets with ease.
Become a Karma Trader
Join the Karma Ecosystem and Elevate Your Trading Game!
Karma Prop Traders
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