Prop Trading Platform Development

1. Project Overview
This document defines the final scope for building a modern prop trading platform inspired
by FTMO, FundedNext, The5ers, and FXIFY.
The platform supports real-time trading data, automated rule enforcement, secure payments,
KYC verification, and community engagement.
2. Technology Stack
Layer
Frontend
Technology
Next.js 14+, TypeScript, Tailwind, shadcn/ui
Backend
Database
Node.js (Express/NestJS), TypeScript
MongoDB, PostgreSQL
Authentication JWT, Auth.js, OAuth
Real-Time
Payments
CMS
Hosting
MetaApi, Socket.io
Crypto, Bank API, Stripe
Payload CMS / Sanity
Vercel, Render, Railway
3. Core Platform Features
3.1 User Dashboard
● Live MetaApi trading data
● Balance, Equity, Drawdown
● Profit Target Tracking
● Trade History (Charts + Tables)
● Monthly P&L Calendar
● Account Status (Active / Breached / Passed)
3.2 Challenge System
● Multi-phase challenges
● Configurable account sizes
● Automated rule validation
● Auto breach detection
● Trade blocking on violation
3.3 Admin Panel
● User monitoring
● Rule configuration
● Challenge management
● Manual payout approvals
● Account override controls
4. Rule Enforcement Engine
All trading rules are enforced in real-time. Breaches result in automatic account suspension
and dashboard status updates.
Includes:
● Daily drawdown
● Maximum loss
● Minimum trading days
● Profit targets
5. Payments & Billing
● Cryptocurrency gateways
● Bank payment APIs
● Stripe fallback
● Secure checkout
● Payment records
6. KYC & Verification
KYC is triggered after challenge completion using third-party providers with facial
recognition.
Status: Pending → Approved → Rejected
7. Blog & Content Management
A headless CMS manages blog, education, and announcements for SEO and credibility.
8. Free Contest Module
● Demo competitions
● Time-based contests
● Public leaderboards
● Reward badges
● Engagement tools
9. Security & Compliance
● Encrypted authentication
● Secure APIs
● Rate limiting
● Audit logs
● GDPR compliance
10. Estimated Timeline
Phase 1: 6–8 Weeks
Testing: 2 Weeks
Total: ~2 Months
11. Deliverables
● Full source code (Private GitHub)
● Deployment setup
● Documentation
● Admin manuals
● Demo URLs
12. Conclusion
This MVP provides a scalable and secure foundation for launching a competitive prop
trading platform.