Topstep.PNG

 Topstep

Topstep, LLC, stands out in the trading sector by offering a unique Trading Combine® program that helps traders build skills and discipline while being evaluated for funding. 

Topstep Funded Traders™ can achieve a funded account in as little as two days and have the opportunity to earn payouts up to four times a month. 

The company provides various account sizes with defined profit targets, loss limits, and monthly fees. 

Exclusive features include the TopstepX™ trading platform, multiple accounts, fast payout processing, and an array of educational resources.

### Legal Company name

Topstep, LLC

### Company address

Chicago Board of Trade Building

141 W Jackson Blvd

#4240

Chicago, IL 60604

### Year of establishment

January 2012

### Place of company registration

United States

### Company owners

CEO: Michael Patak

## Trading platforms offered

- TopstepX
- NinjaTrader
- Quantower
- T4
- R Trader Pro
- Atas Orderflow Trading
- MotiveWave
- VolFix
- Bookmap
- Investor/RT
- Jigsaw
- Daytradr
- MultiCharts
- Sierra Chart
- Trade Navigator

## Trading instruments available

- Futures products from CME, COMEX, NYMEX, and CBOT
- E-mini and Micro E-mini indices (e.g., S&P 500, NASDAQ 100)
- Various currency futures
- Commodity futures (e.g., Crude Oil, Natural Gas, Gold, Silver, Corn, Wheat, Soybeans)
- U.S. Treasury Notes and Bonds

## Payment methods available

- Visa
- Mastercard
- American Express
- Discover
- PayPal

## Range of account sizes offered

- $50,000 buying power: $50/month, profit target $3,000, max position size 5 contracts, max loss limit $2,000
- $100,000 buying power: $99/month, profit target $6,000, max position size 10 contracts, max loss limit $3,000
- $150,000 buying power: $149/month, profit target $9,000, max position size 15 contracts, max loss limit $4,500

## Profit split structure

- Traders receive 100% of profits up to $10,000
- After $10,000, the profit split is 90/10 (trader/Topstep)

## Profit targets for each challenge phase

- $50,000 account: profit target $3,000
- $100,000 account: profit target $6,000
- $150,000 account: profit target $9,000

## Maximum daily and total loss limits

- $50,000 account: max loss limit $2,000
- $100,000 account: max loss limit $3,000
- $150,000 account: max loss limit $4,500

### Overview of challenges and general rules

The Trading Combine® is designed to evaluate traders' skills, discipline, and habits. Upon passing, traders unlock a Funded Account®. The program offers defined account sizes with specific profit targets and loss limits.

## Pricing/costs to start challenges

- Monthly fees: $50, $99, $149 depending on account size
- One-time $149 Activation Fee per Express Funded Account upon passing

### Fees & commissions

- Commission-free trading in Trading Combine
- Round-turn costs in Live Funded Account:
    - Commissions & Fees: $0.72 to $2.04
    - Exchange Fees: $2.46 to $4.30

### Refundable fees details

14-day satisfaction guarantee for a refund of one monthly renewal payment for the Trading Combine.

### Free trial availability and details

No free trial available

### Payout frequency

**Up to four times a month**

### Leverage

No traditional leverage; trading limits are based on account size and max position size.

### Consistency rule

- Best day must be no greater than 50% of the profit target
- Continue trading if the best day exceeds 50% of the profit target

### Commission per lot

Not specified

### Customer support options and details

Support available Monday to Friday, 5:30 AM – 8 PM CT. Live chat with experts in Chicago.

## Trustpilot Reviews

Average rating: 4.6

### Positive

- **Excellent Futures Platform:** TopStepX is highly praised as one of the best futures trading platforms, offering features like copy trading and an intuitive, responsive interface.
- **Great Customer Service:** Customer service is generally considered good, with issues like login problems being resolved within 24 hours. The support team, including the founder Michael Patak, is appreciated for their dedication.
- **Opportunity for New Traders:** Topstep provides an excellent opportunity for aspiring traders to prove their skills and trade with the company's capital. The availability of extensive training resources on their site, YouTube, and Discord is a significant benefit.
- **Simple and Favorable Rules:** The trading rules are not overly complicated and are designed to favor the traders. The new scaling plan for TopStepX users allows for trading more contracts, enhancing trading flexibility.
- **Positive Trading Environment:** The platform's daily drawdown feature helps traders improve their trading styles, and the company's overall approach to trader success is well-regarded.

### Negative

- **Consistency Rule Limitation:** The consistency rule is seen as a limitation by some traders, as it imposes restrictions that can be challenging to navigate.
- **Limited Copy Trading Accounts:** There is a restriction on the total number of accounts that can be copied (just 5 accounts), which some traders find limiting.
- **Support Response Times:** The support response times are a common complaint. Many users report that it can take several days to get a response, which can be frustrating and lead to missed trading opportunities.
- **Lack of Live Chat or Phone Support:** The absence of live chat or phone support is a drawback. Issues like payment glitches take longer to resolve due to the lack of immediate support options.
- **Discord Moderation Issues:** Some users have had negative experiences with Discord moderators, particularly with one moderator known as "The Lawyer," who is seen as overly strict and power-hungry, leading to dissatisfaction among the community.

### Frequently asked questions

- **14-Day Satisfaction Guarantee Policy:** Refund available for one monthly renewal payment if dissatisfied within the first 14 days.
- **Accidentally Left Subscription on/Forgot to cancel:** Refunds considered within 72 hours after charge for accounts with no new trading activity.
- **Promotional Codes and Discounts:** No refunds for incorrectly applied codes or purchases outside promotion terms.
- **Passed the Trading Combine After a Recent Charge:** No refunds or prorates for recent payments if requirements met shortly after a monthly payment.
- **Switching Platforms:** No refunds for platform switch requests if trading activity exists.
- **Consistency Target:** To pass the Trading Combine, your best day must be no greater than 50% of your profit target.
- **Resets:** Prices vary per account size. $49 for 50K, $99 for 100K, $149 for 150K accounts.
- **Data Fees:** Level 1 data is free; Level 2 data costs $39 per month.

5%ers.PNG

The 5%ers

The5ers Prop Firm is a premier choice for traders seeking substantial funding and professional growth. Offering opportunities to trade up to **$4,000,000** across **forex, metals, indices, commodities, and crypto**, The5ers provides the tools, support, and community needed for success.

The5ers is a **private equity fund** that supports traders globally through programs like **Hyper Growth**, **High Stakes, and Bootcamp**. Catering to various trading styles and risk appetites, The5ers ensures **exceptional trading conditions, frequent payouts, and a supportive community.** 

With no time pressure and clear trading objectives, The5ers helps traders focus on achieving their full potential.

## About The5ers

### Legal Company Name

FIVE PERCENT ONLINE LTD.

### Address Details

14 Haroshet St, Raanaa, Israel

### Founding Year

Not specified

### Registration Location

Israel

### Executive Team

- CEO: Saul Lokier
- Founder: Gil Ben Hur
- Chief Operations Officer: Yaniv Elbaz
- Head of Content Marketing: Tomer Dubrov
- Trader Success: Alexander Kriss
- Web Manager: Ophira Top
- Chief Technology Officer: Georgy Glezer
- Head of Finance: Chen Shlomo
- Traders Success Agent: Emy Zemmour
- CEO of Trade The Pool: Michael Katz

## Trading Platforms

The5ers utilizes the MT5 platform from MetaQuotes, known for its advanced features and benefits over MT4, enhancing trading results.

## Instruments Available at The5ers

- Forex
- Metals
- Indices
- Commodities
- Crypto

## How to Make Payments at The5ers Prop Firm

Payments can be made via direct transfer, credit cards, and cryptocurrencies. Note that additional fees may apply for cryptocurrency transactions.

## Account Sizes

- Bootcamp: $100,000 account
- Hyper Growth: Apply for $10,000, $20,000, and $40,000 accounts
- High Stakes: Step evaluations ranging from $5,000 to $100,000 accounts

## Profit Splits in The5ers Prop Firm

- Bootcamp and Hyper Growth programs start at 50%, scaling up to 100%.
- High Stakes program starts at 80%, scaling up to 100%.

## Profit Targets for The5ers Prop Firm

- Bootcamp: Various profit targets (e.g., 6% for steps, 5% for funded traders)
- Hyper Growth: 10% evaluation target
- High Stakes: 8% to 10% profit target for scaling

## Maximum Daily Drawdown and Loss at The5ers Prop Firm

- Bootcamp: Max loss 4% to 5%
- Hyper Growth: Stop out level 6%, daily pause 3%
- High Stakes: Max daily loss 5%, max loss 10%

## Minimum/Maximum Trading Days Required at The5ers Prop Firm

- Bootcamp: No minimum trading days required
- Hyper Growth: No minimum trading days required
- High Stakes: Minimum of 3 profitable days for evaluation

## Steps Available Across Challenges

- Bootcamp: Three-step program leading to funded trader status
- Hyper Growth: Single-step evaluation
- High Stakes: Two-step evaluation phase leading to funded trader status

## Pricing for The5ers Prop Firm Challenge

- Bootcamp: $95 for step 1, $205 for funded trader
- Hyper Growth: $260 to $850 depending on the account size
- High Stakes: $39 to $495 depending on the account size

## Commissions and Fees at The5ers Prop Firm

- Major currency pairs sell from 0.2 pips to 0.9 pips
- Commission rate: $4 per Standard Lot, round trip
- Overnight swap fees applied

## The5ers Prop Firm: Refund Policies

No specific refund policies mentioned.

## Trial Offers at The5ers Prop Firm

No trial offers mentioned.

## Payout Schedules of The5ers Prop Firm

- Funded traders can request profit payouts bi-weekly through the dashboard
- Minimum withdrawal: $150
- Withdrawal methods: Rise, bank transfer, The5ers Visa Card, crypto payments
- Refundable fee added to equity and withdrawable after the first withdrawal date (14 days after account activation)

## Advantages and Disadvantages

(according to Trustpilot Reviews, which are overwhelmingly positive with avr. rating of 4.9 and ~5k reviews).

### Positive Reviews

- **Exceptional Customer Support**: Highly responsive, patient, and professional support team, resolving issues quickly and efficiently.
- **Excellent Trading Conditions**: Best-in-class spreads, commissions, and trade execution, providing a smooth trading experience.
- **Supportive Community**: Active and helpful Discord community, encouraging traders and providing valuable assistance.
- **Transparent and Fair Rules**: Clear trading rules and conditions, fostering a trustworthy environment.
- **Reliable Payouts**: Timely and hassle-free payouts, with multiple successful withdrawals reported by users.

### Negative Reviews

- **Restricted Trading Rules**: Some users face limitations such as 1% risk per trade, affecting their trading strategies.
- **Slow Issue Resolution**: Occasional delays in resolving issues despite initial assurances, leading to frustration.
- **Minimum Trading Days Requirement**: Requirement for minimum trading days in challenges, which some traders find unnecessary.
- **Payout Delays**: Instances of delayed payouts, causing inconvenience and concern for traders.
- **High Spreads During Commission Charges**: Reports of unreasonably high spreads at times, even when commissions are already charged.

## FAQ Section

### Which trading platform do you use?

The5ers uses the MT5 platform from MetaQuotes.

### What instruments can I trade with The5ers?

The5ers traders can trade Forex, Commodities, Indexes, Cryptocurrencies, and Energy Commodities.

### What payment methods are available?

Direct transfer, credit cards, and cryptocurrencies are accepted.

### How much is the profit split in The5ers?

For the Bootcamp and Hyper Growth programs, traders start with a 50% profit split, scaling up to 100%. The High Stakes program starts at 80%, also scaling up to 100%.

### Is there a minimum trading day or minimum position requirement?

No minimum trades or trading days for completing Level 1. High Stakes program requires a minimum of 3 profitable days to pass the evaluation.

### What are the spreads and commissions?

Major currency pairs sell from 0.2 pips to 0.9 pips. The commission rate is $4 per Standard Lot, round trip.

### Are The5ers regulated?

The5ers is a private equity fund trading with its capital, not regulated as a financial institution.

### Payout policy and hub credit in the High Stakes program

Payouts processed once the trader is fully funded, with minimum withdrawal of $150. Refundable fee added to equity and withdrawable after 14 days of account activation.

Alpha Capital Group.PNG

Alpha Capital Group

Alpha Capital Group Ltd excels in the trading industry by providing a distinctive challenge program designed to evaluate and fund talented traders.

Alpha Capital Funded Traders™ can secure a funded account in as little as three days, with the chance to earn payouts weekly.

The company offers a range of account sizes with specified profit targets, loss limits, and competitive pricing.

Notable features include support for multiple trading platforms, extensive educational resources, and prompt payout processing, making Alpha Capital Group a premier choice for aspiring traders.

### Legal Company Name

Alpha Capital Group Ltd

### Address Details

Kaiserstraße 12, 9490, Vaduz, Liechtenstein

### Founding Year

January 2023

### Registration Location

Liechtenstein

### Executive Team

Michael Steinberg (Founder, representing Alpha Holdings)

## Trading Platforms

Alpha Capital Group supports multiple trading platforms, including:

- MT4
- MT5
- NinjaTrader
- TradingView
- R/Trader
- Sierra Chart

## Instruments Available at Alpha Capital Group

Alpha Capital Group offers trading across a variety of instruments:

- Forex
- Indices
- Commodities
- Cryptocurrencies
- Stocks
- Futures

## How to Make Payments at Alpha Capital Group

Alpha Capital Group supports a variety of payment methods, including:

- Credit/Debit Cards
- PayPal
- Cryptocurrencies
- Bank Transfers
- Apple Pay
- Google Pay

## Account Sizes

Alpha Capital Group offers different account sizes depending on the challenge type:

### CFDs

- **Beginner**: $10,000
- **Intermediate**: $25,000
- **Advanced**: $50,000
- **Professional**: $100,000

### Futures

- **Beginner**: $15,000
- **Intermediate**: $50,000
- **Advanced**: $100,000
- **Professional**: $200,000

## Profit Splits in Alpha Capital Group

Profit shares vary by account type:

- Beginner: 50% up to 70%
- Intermediate: 60% up to 75%
- Advanced: 65% up to 80%
- Professional: 70% up to 85%

## Profit Targets for Alpha Capital Group

### CFDs

- Beginner: $1,000 (10%)
- Intermediate: $2,500 (10%)
- Advanced: $5,000 (10%)
- Professional: $10,000 (10%)

### Futures

- Beginner: Phase 1 - $1,500
- Intermediate: Phase 1 - $5,000
- Advanced: Phase 1 - $3,500, Phase 2 - $3,500
- Professional: Phase 1 - $5,000, Phase 2 - $5,000

## Maximum Daily Drawdown and Loss at Alpha Capital Group

### CFDs

- Beginner: $500 (5%) daily, $700 (7%) maximum
- Intermediate: $1,250 (5%) daily, $1,750 (7%) maximum
- Advanced: $2,500 (5%) daily, $3,500 (7%) maximum
- Professional: $5,000 (5%) daily, $7,000 (7%) maximum

### Futures

- Beginner: $250 daily, $750 maximum
- Intermediate: $1,500 daily, $3,000 maximum
- Advanced: $2,500 daily, $5,000 maximum
- Professional: $5,000 daily, $10,000 maximum

## Minimum/Maximum Trading Days Required at Alpha Capital Group

### CFDs

- Minimum: 5 days
- Maximum: Unlimited

### Futures

- Minimum: 3 days per phase
- Maximum: 30 days (extendable)

## Steps Available Across Challenges

1. **Take the Challenge**: Showcase your trading skills.
2. **Access Your Funded Account**: Trade with virtual capital, deliver signals, and progress through account levels.
3. **Scale Up to $10M**: Earn from day 1, hit targets, and receive payouts weekly.

## Pricing for Alpha Capital Group Challenge

### CFDs

- Beginner: €99
- Intermediate: €199
- Advanced: €399
- Professional: €999

### Futures

- Beginner: €129
- Intermediate: €199
- Advanced: €399
- Professional: €799

## Commissions and Fees at Alpha Capital Group

When trading with Alpha Brokers, the floating spread starts from 0 with a $5 commission per lot on FX. CFDs on stocks and cryptos are commission-free.

## Alpha Capital Group: Refund Policies

- Refund within 14 days of purchase if no trading activity has occurred.
- Refund of the initial Challenge fee upon completing Level 1 of the Scaling Plan.
- Resets and extensions are non-refundable.

## Trial Offers at Alpha Capital Group

Currently, Alpha Capital Group does not offer free trial demo accounts but is working on providing this feature in the near future.

## Payout Schedules of Alpha Capital Group

- Weekly payouts every Friday.
- Crypto transfers processed within the day.
- International Wire/SWIFT: 3-5 business days.
- SEPA Transfer: 1-2 business days.

## Advantages and Disadvantages

(according to Trustpilot Reviews)

### Positive Reviews

- **Reliable Partner**: New traders feel confident with Alpha Capital Group due to their transparency and reliability.
- **Excellent Customer Support**: Quick refunds and proactive outreach from the support team, indicating a customer-focused approach.
- **Prompt Payouts**: Users appreciate timely payouts and reasonable trading rules, profit targets, and drawdowns.
- **Transparency and Variety**: Clear rules, multiple broker choices, and the ability to trade CFDs through popular platforms are highly valued.
- **Generous Compensation**: Instances of offering 100% vouchers to compensate for inconveniences, showing commitment to customer satisfaction.

### Negative Reviews

- **Occasional Account Transfer Delays**: Some users experienced delays in account transfers, though these were eventually resolved with satisfactory compensation.
- **No Major Complaints**: Generally, no significant issues beyond occasional delays and user errors.

## FAQ Section

### Which platforms can I use for Futures trading?

For Futures Challenges, the trading platforms currently supported are NinjaTrader, TradingView, and R/Trader. Additionally, accounts are compatible with Sierra Charts, Jigsaw, and Volfix, but these require separate licenses.

### Can I get a refund if I decide I don't want to take the Challenge?

Yes, you can request a refund within the first 14 days of your purchase as long as there has been no trading activity on your account.

### Can I get a refund after I move to the Scaling Plan?

You will receive a refund of your initial Challenge fee once you have successfully completed one of the Challenges and passed Level 1 of the Scaling Plan. Note that any Resets or Extensions purchased are non-refundable.

### Do you offer free trials?

Currently, Alpha Capital Group does not offer free trial demo accounts. However, they are actively working on solutions to provide this feature in the future.

### In what currency can I receive my payout?

Alpha Capital Group has accounts in Euro, US Dollar, and Crypto. You can choose your preferred method and currency upon providing your KYC documents for payout. If your profits were generated trading a EUR account but you want to get paid out in USD, you will receive the amount based on the currency exchange rate of that day.

### What is your payout policy?

To request a payout, reach the profit target on your funded account and click on "Request Withdrawal" via your Client Area. Ensure your KYC is completed and your preferred payout method is uploaded. If your KYC is approved by Monday, you will be paid the following Friday. If not approved by Tuesday morning, the payout will be executed the following Friday.

Transfer times are within the day for crypto transfers, 3-5 business days for International Wire/SWIFT, and 1-2 business days for SEPA Transfer. For Crypto payouts, ensure you select the correct network type. Crypto transactions cannot be reversed once sent.

TTP.PNG

The Trading Pit

Established in October 2022 and headquartered in Vaduz, Liechtenstein, The Trading Pit provides a range of challenges across CFDs and Futures, with account sizes tailored to fit different levels of traders. 

With their unique approach of unlimited challenge durations, refundable fees, and high-profit splits, The Trading Pit ensures traders have every opportunity to succeed. 

Backed by Pinorena Capital and supported by a robust legal framework, The Trading Pit is a trustworthy and innovative platform for aspiring and experienced traders alike.

## About The Trading Pit Prop Firm: An Overview

### Legal Company Name

The Trading Pit Challenge GmbH

### Address Details

Heiligkreuz 6, 9490, Vaduz, Liechtenstein

### Founding Year

October 2022

### Registration Location

Liechtenstein

### Executive Team

Illimar Mattus (Founder, representing Pinorena Capital)

## Trading Platforms

The Trading Pit supports multiple trading platforms, including:

- MT4
- MT5
- ATAS
- Quantower
- R/Trader
- Bookmap

## Instruments Available at The Trading Pit

The Trading Pit offers trading across a variety of instruments:

- Forex
- Indices
- Commodities
- Crypto
- Shares
- Futures

## How to Make Payments at The Trading Pit Prop Firm

The Trading Pit supports a variety of payment methods, including:

- Credit Cards
- Apple Pay
- Google Pay
- Cryptos
- BinancePay
- Online bank transfers (regional availability)

## Account Sizes

The Trading Pit offers different account sizes depending on the challenge type:

### CFDs

- **Lite**: $10,000
- **Standard**: $20,000
- **Executive**: $50,000
- **VIP**: $100,000

### Futures

- **Lite**: $20,000
- **Standard**: $150,000
- **Executive**: $150,000
- **VIP**: $250,000

## Profit Splits in The Trading Pit Prop Firm

Profit shares vary by account type:

- Lite: 50% up to 70%
- Standard: 50% up to 70%
- Executive: 60% up to 80%
- VIP: 60% up to 80%

## Profit Targets for The Trading Pit Prop Firm

### CFDs

- Lite: $1,000 (10%)
- Standard: $2,000 (10%)
- Executive: $5,000 (10%)
- VIP: $10,000 (10%)

### Futures

- Lite: Phase 1 - $1,000
- Standard: Phase 1 - $5,000
- Executive: Phase 1 - $3,000, Phase 2 - $3,000
- VIP: Phase 1 - $3,000, Phase 2 - $3,000

## Maximum Daily Drawdown and Loss at The Trading Pit Prop Firm

### CFDs

- Lite: $400 (4%) daily, $700 (7%) maximum
- Standard: $800 (4%) daily, $1,400 (7%) maximum
- Executive: $2,000 (4%) daily, $3,500 (7%) maximum
- VIP: $4,000 (4%) daily, $7,000 (7%) maximum

### Futures

- Lite: $250 daily, $500 maximum
- Standard: $1,500 daily, $3,000 maximum
- Executive: $2,500 daily, $3,500 maximum
- VIP: $2,500 daily, $5,000 maximum

## Minimum/Maximum Trading Days Required at The Trading Pit Prop Firm

### CFDs

- Minimum: 5 days
- Maximum: Unlimited

### Futures

- Minimum: 3 days per phase
- Maximum: 30 days (extendable)

## Steps Available Across Challenges

1. **Take the Challenge**: Prove your trading skills.
2. **Access Your Earning Account**: Trade with virtual assets, deliver signals, and climb account levels.
3. **Scale Up to €5M**: Earn from day 5, hit targets, and get paid every Friday.

## Pricing for The Trading Pit Prop Firm Challenge

### CFDs

- Lite: €99
- Standard: €179
- Executive: €399
- VIP: €999

### Futures

- Lite: €99
- Standard: €169
- Executive: €349
- VIP: €599

## Commissions and Fees at The Trading Pit Prop Firm

When trading with GBE Brokers, the floating spread starts from 0 with a $7 commission per lot on FX. CFDs on stocks and cryptos are commission-free.

## The Trading Pit Prop Firm: Refund Policies

- Refund within 14 days of purchase if no trading activity has occurred.
- Refund of the initial Challenge fee upon completing Level 1 of the Scaling Plan.
- Resets and extensions are non-refundable.

## Trial Offers at The Trading Pit Prop Firm

Currently, The Trading Pit does not offer free trial demo accounts but is working on providing this feature in the near future.

## Payout Schedules of The Trading Pit Prop Firm

- Weekly payouts every Friday.
- Crypto transfers processed within the day.
- International Wire/SWIFT: 5-7 business days.
- SEPA Transfer: 1-3 business days.

## Advantages and Disadvantages

(according to Trustpilot Reviews)

### Positive Reviews

- **Trustworthy Partner**: New traders feel confident with Trading Pit due to their reliability and transparency.
- **Responsive Customer Support**: Quick refunds and proactive outreach from lead traders, indicating a customer-focused approach.
- **Timely Payouts**: Users appreciate on-time payouts and reasonable trading rules, profit targets, and drawdowns.
- **Transparency and Variety**: Clear rules, multiple broker choices, and the ability to trade CFDs through Metatrader are highly valued.
- **Generous Compensation**: Instances of offering 100% vouchers to compensate for inconveniences, showing commitment to customer satisfaction.

### Negative Reviews

- **Delayed Account Transfers**: Some users experienced delays in account transfers, though these were eventually resolved with satisfactory compensation.
- **No Significant Negative Feedback**: Generally, no major issues beyond occasional delays and customer mistakes.

## FAQ Section

### Which platforms can I use for Futures trading?

For Futures Challenges, the trading platforms currently supported are ATAS, Quantower, and R/Trader. Additionally, accounts are compatible with Sierra Charts, Jigsaw, and Volfix, but these require separate licenses.

### Can I get a refund if I decide I don't want to take the Challenge?

Yes, you can request a refund within the first 14 days of your purchase as long as there has been no trading activity on your account.

### Can I get a refund after I move to the Scaling Plan?

You will receive a refund of your initial Challenge fee once you have successfully completed one of the Challenges and passed Level 1 of the Scaling Plan. Note that any Resets or Extensions purchased are non-refundable.

### Do you offer free trials?

Currently, The Trading Pit does not offer free trial demo accounts. However, they are actively working on solutions to provide this feature in the future.

### In what currency can I receive my payout?

The Trading Pit has accounts in Euro, US Dollar, and Crypto. You can choose your preferred method and currency upon providing your KYC documents for payout. If your profits were generated trading a EUR account but you want to get paid out in USD, you will receive the amount based on the currency exchange rate of that day.

### What is your payout policy?

To request a payout, reach the profit target on your Earning account and click on "Request Withdrawal" via your Client Area. Ensure your KYC is completed and your preferred payout method is uploaded. If your KYC is approved by Monday, you will be paid the following Friday. If not approved by Tuesday morning, the payout will be executed the following Friday. 

Transfer times are within the day for crypto transfers, 5-7 business days for International Wire/SWIFT, and 1-3 business days for SEPA Transfer. For Crypto payouts, ensure you select the correct network type. Crypto transactions cannot be reversed once sent.

Smart Prop Trader.PNG

Smart Prop Trader

Smart Prop Trader is a prop trading firm that offers a range of challenges, competitive spreads, flexible payout systems, and numerous benefits aimed at supporting traders in maximizing their potential.

 This review will provide an in-depth look at the firm’s offerings, including account sizes, profit splits, trading instruments, and more.

## About Smart Prop Trader Prop Firm: An Overview

### Legal Company Name

Prop Trader LLC

### Address Details

5830 E. 2nd Street, Casper, WY 82609, USA

### Founding Year

September 2022

### Registration Location

Casper, Wyoming, USA

### Executive Team

Chief Executive Officer: Blake Olson

## Trading Platforms

Smart Prop Trader supports various trading platforms to accommodate different trading styles and preferences:

- DXtrade
- Match Trader
- cTrader

## Instruments Available at Smart Prop Trader

- Forex
- Crypto
- Indices
- Commodities

## How to Make Payments at Smart Prop Trader Prop Firm

Payment methods accepted include:

- Credit/debit cards through the NMI platform
- Cryptocurrency payments through NOWPayments

## Account Sizes

Smart Prop Trader offers several account sizes, each with specific profit targets and loss limits:

### Standard Accounts:

- **$5,000 Account**: Step 1: 7%, Step 2: 5%
- **$10,000 Account**: Step 1: 7%, Step 2: 5%
- **$25,000 Account**: Step 1: 7%, Step 2: 5%
- **$50,000 Account**: Step 1: 7%, Step 2: 5%
- **$100,000 Account**: Step 1: 7%, Step 2: 5%

### Pro Accounts:

- **$5,000 Account**: Step 1: 8%, Step 2: 5%
- **$10,000 Account**: Step 1: 8%, Step 2: 5%
- **$25,000 Account**: Step 1: 8%, Step 2: 5%
- **$50,000 Account**: Step 1: 8%, Step 2: 5%

## Profit Splits in Smart Prop Trader Prop Firm

Traders can qualify for up to a 95% profit split, starting with a default ratio of 75:25.

## Profit Targets for Smart Prop Trader Prop Firm

### Standard Accounts:

- **$5,000 Account**: Step 1: 7%, Step 2: 5%
- **$10,000 Account**: Step 1: 7%, Step 2: 5%
- **$25,000 Account**: Step 1: 7%, Step 2: 5%
- **$50,000 Account**: Step 1: 7%, Step 2: 5%
- **$100,000 Account**: Step 1: 7%, Step 2: 5%

### Pro Accounts:

- **$5,000 Account**: Step 1: 8%, Step 2: 5%
- **$10,000 Account**: Step 1: 8%, Step 2: 5%
- **$25,000 Account**: Step 1: 8%, Step 2: 5%
- **$50,000 Account**: Step 1: 8%, Step 2: 5%

## Maximum Daily Drawdown and Loss at Smart Prop Trader Prop Firm

### Standard Accounts:

- **Daily Loss Limit**: 4%
- **Maximum Loss**: 8%

### Pro Accounts:

- **Daily Loss Limit**: 5%
- **Maximum Loss**: 12%

## Minimum/Maximum Trading Days Required at Smart Prop Trader Prop Firm

### Standard Accounts:

- **Minimum Trading Days**: 0
- **Maximum Trading Days**: No Limit

### Pro Accounts:

- **Minimum Trading Days**: 0 for Challenge, 7 for Funded Accounts
- **Maximum Trading Days**: No Limit

## Pricing for Smart Prop Trader Prop Firm Challenge

- **$5,000 Account**: $57 (Standard), $67 (Pro)
- **$10,000 Account**: $97 (Standard), $117 (Pro)
- **$25,000 Account**: $197 (Standard), $237 (Pro)
- **$50,000 Account**: $297 (Standard), $357 (Pro)
- **$100,000 Account**: $497 (Standard)

## Commissions and Fees at Smart Prop Trader Prop Firm

- **Forex**: $6 commission per standard lot
- **Metals, Indices, Crypto**: No commission

## Smart Prop Trader Prop Firm: Refund Policies

Smart Prop Trader does not offer refunds once account credentials are provided. Customers must review the refund policy and Terms & Conditions before placing an order.

## Payout Schedules of Smart Prop Trader Prop Firm

Traders can request payouts on-demand. The default payout ratio is 75:25, which can scale up to 95:5. Payouts are processed after four weeks initially and two weeks for subsequent payouts.

## Advantages and Disadvantages

(according to Trustpilot Reviews)

### Positive Reviews

- **Exceptional Customer Support**: Quick, understanding, and effective in resolving issues such as account reactivation and platform changes.
- **Fair Treatment**: Willingness to provide second chances and reinstate accounts with stricter rules when necessary.
- **Educational and Empathetic**: Customer support provides educational insights on trading issues, like slippage, and resolves problems promptly.
- **Community Support**: Active and friendly Discord community that offers support and encouragement to traders.
- **Flexible and Accommodating**: Allows platform changes and accommodates traders' needs, enhancing the trading experience.

### Negative Reviews

- **Payout Delays**: Significant delays in processing payouts, with some users waiting for weeks without resolution.
- **Platform Issues**: Complaints about being forced to use unwanted platforms and experiencing platform malfunctions.
- **Inconsistent Communication**: Poor follow-up and lack of clarity from customer support on payout issues.
- **Account Rules Disputes**: Disagreements over account rules and accusations of scamming when users feel rules were unfairly enforced.
- **Perceived Decline in Service**: Some users feel the company has deteriorated in reliability and service quality, leading to frustration and mistrust.

## FAQ Section

### Why Smart Prop Trader is the Safest and Best Firm Available?

- **Best Profit Splits Offered in the Industry**: Up to 95/5 profit split.
- **No Discrimination**: Accepts traders from all countries.
- **Industry Leading Customer Service**: 24/7 support with a high customer satisfaction rating.

### How Daily Drawdowns Work On Smart Prop Trader Standard Challenge Accounts

- **Maximum Daily Loss**: 4%

### Which Payment Methods Are Accepted?

- **Credit/Debit Cards**: Through NMI platform
- **Cryptocurrency**: Through NOWPayments

### Smart Prop Trader Refund Policy

- **No Refunds**: Once account credentials are received, no refunds are offered.

### Which Instruments Can I Trade and What Strategies Am I Allowed to Employ?

- **All Instruments Allowed**: Forex, Indices, Crypto, etc.
- **No Strategy Limitations**: Discretionary trading, hedging, algorithmic trading, EAs, etc.

### Where is Smart Prop Trader located?

- **Location**: USA-based with a registered office in Austin, Texas.

### What's the Difference Between Standard and Pro Challenges at SPT?

- **Profit Targets**: Standard: 7%/5%, Pro: 8%/5%
- **Drawdowns**: Standard: 4%/8%, Pro: 5%/12%
- **Minimum Trading Days**: Standard: 0, Pro: 0 for Challenge, 7 for Funded

Nordic Funder.PNG

Nordic Funder

Nordic Funder is a standout prop trading company offering retail traders a unique funded trader program. By passing a paid assessment, traders gain access to a funded trading account and can earn performance fees ranging from 50% to 90%. 

Founded as a division of Scandinavian Capital Markets in 2021, Nordic Funder became independent in 2022, bringing a robust platform with a community and voice of its own.

## About Nordic Funder

### Legal Company Name

**Nordic Funder KB**

### Address Details

**Sweden**

### Founding Year

**November 2021**

### Registration Location

**Sweden**

### Executive Team

**CEO: David Nudleman**

## Trading Platforms

Nordic Funder supports trading exclusively through **MetaTrader 4 (MT4)**. The MT4 accounts are hosted by Scandinavian Capital Markets, ensuring a reliable and robust trading experience.

## Instruments Available at Nordic Funder

- **Forex**
- **Metals**
- **Commodities**
- **Indices**

## How to Make Payments at Nordic Funder Prop Firm

Payments can be made via **Crypto, PayPal, and Card**.

## Account Sizes

Nordic Funder offers various account sizes, allowing traders to customize their accounts:

### Options up to $100k:

- **25K Account**: $200 one-time fee, $25,000 capital, up to 90% profit share
- **50K Account**: $350 one-time fee, $50,000 capital, up to 90% profit share
- **100K Account**: $600 one-time fee, $100,000 capital, up to 90% profit share

### Options over $100k:

- **200K Account**: $1,500 one-time fee, $200,000 capital, up to 70% profit share
- **400K Account**: $3,000 one-time fee, $400,000 capital, up to 70% profit share

## Profit Splits in Nordic Funder Prop Firm

Funded traders earn a performance fee for the profits they generate, which ranges from 50% to 90%, depending on the account type and chosen options.

## Profit Targets for Nordic Funder Prop Firm

Traders must achieve a 10% profit target to qualify for a funded account or to scale to the next level.

## Maximum Daily Drawdown and Loss at Nordic Funder Prop Firm

- **10% max trailing loss**: Equity can't fall below 10% of the starting balance from the high watermark.
- **5% max daily loss**: Equity can't fall below 5% of the previous end of day balance.

## Minimum/Maximum Trading Days Required at Nordic Funder Prop Firm

There are no time constraints for passing the assessment, allowing traders to take as long as they need.

## Steps Available Across Challenges

Nordic Funder operates a one-stage assessment process. Prove yourself once to get funded, with no recurring fees or hidden rules.

## Commissions and Fees at Nordic Funder Prop Firm

Nordic Funder charges $0 per round lot for all asset classes. However, if trading currencies and metals, the commission is $7 per lot.

## Nordic Funder Prop Firm: Refund Policies

The assessment fee is refundable once a trader reaches a 10% profit and scales their account, but only the first time and does not include add-ons.

## Trial Offers at Nordic Funder Prop Firm

Nordic Funder provides a demo account for traders to practice and evaluate the platform.

## Payout Schedules of Nordic Funder Prop Firm

Traders can request a profit share payout 24 hours after receiving their funded account, provided they have at least 2% profit. Subsequent payouts can be requested every 14 days.

## Advantages and Disadvantages

(according to Trustpilot Reviews, which are overwhelmingly positive)

### Positive Reviews

- **Exceptional Customer Service**: The staff is attentive, knowledgeable, and genuinely interested in helping traders succeed.
- **Great Trading Conditions**: Best in class spreads, commissions, and trading conditions within the prop firm space.
- **Active and Supportive Community**: Friendly and encouraging Discord community that assists newcomers.
- **Fair and Transparent Rules**: Clear terms and conditions with advantageous profit sharing and no time limits to pass challenges.
- **Scalability and Customization**: Competitive pricing, customizable account features, and fast opportunities to scale up.

### Negative Reviews

None reported. Only a single instance where a user mentioned a lack performance graphics, ratios, summaries, and journal-writing capabilities for traders.

## FAQ Section

### What platforms do you support?

Currently, Nordic Funder supports MetaTrader 4. Integration with other trading platforms is in progress.

### Which broker do you use?

Nordic Funder uses Scandinavian Capital Markets, an established broker based in Stockholm, Sweden.

### Is the fee refundable?

Yes, the assessment fee is refundable when you reach a 10% profit and scale your account for the first time.

### Can I use an Expert Advisor (EA)?

Yes, provided you are the developer or have purchased a commercial robot and customized the functionality for your strategy.

### Are there any recurring fees to join Nordic Funder?

No, there are no recurring fees. The initial assessment fee covers all costs.

### How does scaling work?

Every account scales by multiplying funding each time a trader reaches a 10% profit, up to a maximum of $1,000,000.

### What is the max daily loss rule?

If your account equity reaches or exceeds a 5% drawdown within a given day, you will breach the max daily loss rule.

### What is the max trailing loss rule?

If your account equity reaches or exceeds a 10% drawdown from the high watermark, you will breach the max trailing loss rule.

### Can I hold my positions over the weekend?

By default, no. Positions must be closed by 21:30 UTC every Friday unless a risk upgrade is purchased.

### What happens after passing the assessment?

Traders receive a funded account to trade at their discretion with funds provided by Nordic Funder.

### What happens if I don’t trade for several weeks?

Your account will be closed after 30 consecutive days of inactivity, and you must retake the assessment.

### What platform can I trade on?

Trading is currently supported on MetaTrader 4, with future plans to integrate MetaTrader 5.

### Are there any time restrictions?

There is a time limit of 6 months to pass the assessment or scale the funded account.

### Am I trading with real money?

No, all orders are executed in a simulated environment with virtual funds.

### What are the commissions?

The commission is $7 per lot for currencies and metals, with no commissions for oil, cryptocurrencies, or indices.

### What instruments can I trade?

You can trade currency pairs, cryptocurrencies, precious metals, oil, and indices.

### How much leverage can I trade with?

The default leverage is 1:10, with an upgrade option to 1:20.

### What is your profit share?

The performance fee ranges from 50% to 90%, depending on account options.

### When can I receive my performance fee?

You can request a payout 24 hours after receiving your funded account with at least 2% profit. Subsequent payouts can be requested every 14 days.

### How and when can I get a payout?

Once you have a funded account with at least 2% profit, you can request a payout anytime through the payment structure implemented by Rise.

Link to join Discord community: [Nordic Funder Discord](https://discord.gg/AHEKNXz34n)

MFFX Futures.PNG

My Funded Futures

MyFundedFutures (MFFU) offers traders the opportunity to manage simulated capital up to $600K. This prop trading firm allows traders to demonstrate their skills, complete a challenge, and receive allocated simulated funds without risking their own capital. 

They offer a 100% profit split up to $10K and 90% thereafter, with the added benefits of no minimum or maximum evaluation days and 24/7 live support.

## About MyFundedFutures Prop Firm: An Overview

### Legal Company Name

MyFundedFutures (MFFU)

### Founding Year

November 2023

### Executive Team

CEO: Matthew Leech

## Trading Platforms

MyFundedFutures supports multiple trading platforms, including:

- Tradovate
- TradingView
- NinjaTrader
- R Trader Pro
- Quantower
- Sierra Chart

## Instruments Available at MyFundedFutures

Traders can trade various futures instruments across several exchanges, including:

- **CME**: ES, NQ, RTY, NKD, 6A, 6B, 6C, 6E, E7, 6J, 6S, GE, HE, LE, 6M, 6N, MES, MNQ, M2K, MBT, MET, M6E, M6A
- **CBOT**: YM, UB, TN, ZT, ZF, ZN, ZB, ZC, ZW, ZS, ZM, ZL, MYM
- **COMEX**: GC, SI, HG, MGC, SIL, PL
- **NYMEX**: CL, NG, QM, QG, MCL, RB, HO

## How to Make Payments at MyFundedFutures Prop Firm

Payments can be made through the firm's website, with specific details provided upon signing up for an account.

## Account Sizes

- $50K
- $100K
- $150K

## Profit Splits in MyFundedFutures Prop Firm

- 100% profit split up to $10K
- 90% profit split after $10K

## Profit Targets for MyFundedFutures Prop Firm

- Starter Plan: $3,000 for $50K account, $6,000 for $100K account, $9,000 for $150K account
- Expert Plan: $4,000 for $50K account, $8,000 for $100K account, $12,000 for $150K account

## Maximum Daily Drawdown and Loss at MyFundedFutures Prop Firm

- $2,000 for $50K account
- $3,000 for $100K account
- $4,500 for $150K account

## Minimum/Maximum Trading Days Required at MyFundedFutures Prop Firm

- Minimum trading day requirement: 1 day

## How To Get Verified

1. Choose Account Type & Size
2. Take 1-step Challenge
3. Get Verified
4. Get Funded

## Pricing for MyFundedFutures Prop Firm Challenge

- **$50K Account**: Starter: $100/month, Expert: $165/month
- **$100K Account**: Starter: $200/month, Expert: $265/month
- **$150K Account**: Starter: $300/month, Expert: $375/month

## Commissions and Fees at MyFundedFutures Prop Firm

- CME Agricultural Futures: $5.80
- CME CBOT Commodity Futures: $5.80
- CME CBOT Equity Futures: $1.42 - $4.26
- CME CBOT Financial/Interest Rate Futures: $2.90 - $3.50
- CME COMEX Futures: $1.72 - $4.70
- CME Equity Futures: $0.92 - $4.26
- CME Foreign Exchange Futures: $1.20 - $4.80
- CME Interest Rate Futures: $4.10
- CME NYMEX Futures: $1.72 - $4.60

## MyFundedFutures Prop Firm: Refund Policies

- Refunds are granted only if no trading activities have commenced after account purchase.
- Requests must be made within 14 days of purchase.
- A $75.00 USD fee applies to refunds.

## Payout Schedules of MyFundedFutures Prop Firm

Payouts can be requested after 14 days and will be processed within 24 hours.

## Advantages and Disadvantages

(according to Trustpilot Reviews, which are overwhelmingly positive at avr. 4.7 rating)

### Positive Reviews

- **Exceptional Customer Support**: Quick and responsive support, with live chat assistance and effective issue resolution.
- **User-Friendly Platform**: Intuitive and packed with necessary trading tools, enhancing overall trading experience.
- **Reliable Payouts**: Consistent and timely payouts, fostering trust and reliability.
- **Flexible and Transparent Rules**: Clear conditions without hidden rules, promoting a trader-friendly environment.
- **Educational Resources**: High-quality educational materials that help traders improve their skills and outcomes.

### Negative Reviews

- **Slow Response Times**: Delays in receiving responses and inconsistent answers from the support team.
- **Payout Issues**: Complaints about delayed or refused payouts, causing frustration.
- **Suspected Profit Manipulation**: Concerns about discrepancies in profit and loss calculations on certain platforms.
- **Account Bans**: Reports of accounts being banned for unclear reasons, such as using the same credit card for multiple accounts.
- **Unprofessional Support**: Instances of poor customer service and lack of clear communication, leading to dissatisfaction.

## FAQ Section

### What platforms does MyFundedFutures support?

MyFundedFutures supports Tradovate, TradingView, NinjaTrader, R Trader Pro, Quantower, and Sierra Chart.

### What assets can I trade at MyFundedFutures?

You can trade a wide range of futures contracts from CME, CBOT, COMEX, and NYMEX.

### Are there any withdrawal restrictions?

For Starter plans, withdrawals are capped at the max drawdown value for the first 60 days. For Expert plans, there are no withdrawal restrictions.

### What is the minimum trading day requirement?

The minimum trading day requirement is set at 1 day for all account types and phases.

### What is the consistency rule?

There is a 40% consistency rule during the simulated funded stage, meaning no single day's profit can exceed 40% of total profits made. This rule does not apply to Expert plans.

### How do I cancel my account?

To cancel your account, email support@myfundedfutures.com. Note that cancellations result in the loss of access to all MFFU services and no refunds for prior costs.

Feel free to provide any additional details or clarify any points further, and I will integrate them into the review.

MFFX.PNG

My Funded FX

MyFundedFX offers a unique opportunity for traders to engage in simulated trading with potential payouts based on their performance. With a strong emphasis on transparency, MyFundedFX provides various plans and flexible trading conditions to cater to different trading styles and objectives.

## About MyFundedFX Prop Firm: An Overview

### **Legal Company Name:**

MyFunded Capital (HK) Ltd

### **Address Details:**

Suite 1601, 16/F., AXA Tower, Landmark East, 100 How Ming Street, Kwun Tong, Kowloon, Hong Kong

### **Founding Year:**

June 2022

### **Registration Location:**

Hong Kong and Cyprus

### **Executive Team:**

CEO Matthew Leech

## Trading Platforms

MyFundedFX supports multiple trading platforms including DXTrade, cTrade, MatchTrader, and more. This variety allows traders to choose the platform that best suits their trading style and preferences.

## Instruments Available at MyFundedFX

Traders can access a wide range of instruments, including Forex, Metals, Commodities, Indices, and Cryptocurrencies (BTC, BCH, LTC, ETH).

## How to Make Payments at MyFundedFX Prop Firm

MyFundedFX accepts payments via credit card and cryptocurrency. It's essential to ensure the correct network is used for cryptocurrency payments to avoid any issues.

## Account Sizes

MyFundedFX offers various account sizes ranging from $5,000 to $300,000, catering to both novice and experienced traders.

## Profit Splits in MyFundedFX Prop Firm

Traders can enjoy up to an 80% profit split on all net simulated gains generated.

## Profit Targets for MyFundedFX Prop Firm

- **1-Step Challenge:** 10% simulated gain target
- **1-Step Max Challenge:** 8% simulated gain target
- **2-Step Challenge:** Phase 1 - 8%, Phase 2 - 5%
- **2-Step Max Challenge:** Phase 1 - 10%, Phase 2 - 4%

## Maximum Daily Drawdown and Loss at MyFundedFX Prop Firm

- **Daily Simulated Loss:** Ranges from 2% to 5% depending on the plan
- **Overall Simulated Loss:** Ranges from 6% to 10% depending on the plan

## Minimum/Maximum Trading Days Required at MyFundedFX Prop Firm

- **Minimum Trading Days:** 1 day
- **Maximum Trading Days:** Unlimited

## Steps Available Across Challenges

MyFundedFX offers various challenge steps:

- **1-Step:** Verification and Live Simulated Trader
- **1-Step Max:** Verification and Live Simulated Trader
- **2-Step:** Phase 1, Phase 2, and Live Simulated Trader
- **2-Step Max:** Phase 1, Phase 2, and Live Simulated Trader

## Pricing for MyFundedFX Prop Firm Challenge

- **1-Step:** $50 - $1399
- **1-Step Max:** $42 - $799
- **2-Step Plan:** Detailed pricing not provided, ranges available
- **3-Step Challenges:** $70 - $900

## Commissions and Fees at MyFundedFX Prop Firm

- **ThinkMarkets:**
    - Forex/Metals: $7 per standard lot
    - Indices/Crypto: $0 per lot
- **Purple Trading:**
    - Forex, Oil, Metals: $6 per standard lot
    - Indices, Crypto: commission free

## MyFundedFX Prop Firm: Refund Policies

Refunds are available for fees paid for simulated challenge demo accounts if canceled within 14 days, provided the demo account remains untraded. Refunds for crypto purchases require KYC/AML verification.

## Trial Offers at MyFundedFX Prop Firm

No free trial is available.

## Payout Schedules of MyFundedFX Prop Firm

Traders can receive payouts based on simulated trading performance through Crypto or Riseworks, with a minimum payout amount of $65.

## Advantages and Disadvantages

(according to Trustpilot Reviews)

## Positive Reviews

- **Organized Customer Care**: Prompt and considerate customer support, assisting with platform transitions and resolving issues swiftly.
- **Fast Payouts**: Extremely quick payout process, with funds often received within minutes.
- **Reliable Support**: Effective issue resolution and account recredits for platform interruptions, demonstrating strong customer service.
- **User-Friendly**: Easy account recovery and login assistance, facilitating smooth trading experiences.
- **Consistent Service**: Reliable payouts and no payout rejections, maintaining a trustworthy and efficient operation.

## Negative Reviews

- **Inactivity Penalty**: Accounts get disabled if inactive for 30 days, requiring good reviews for reactivation.
- **Frequent Rule Changes**: Constantly changing rules make passing challenges difficult, pushing users to buy new challenges.
- **KYC Verification Issues**: Problems with KYC verification leading to account breaches and refunds, causing frustration.
- **News Trading Concerns**: Complaints about fake spreads during high-impact news events, leading to unexpected stop-outs.
- **Poor Customer Focus**: Customer support perceived as unhelpful and rigid in resolving issues, diminishing user satisfaction.

## FAQ Section

### How do I get started with MyFundedFX?

To get started with MyFundedFX, follow these steps:

- Create an account on the MyFundedFX website.
- Select your account size from the MyFundedFX challenge dashboard.
- Make payment and receive your account credentials.
- Start trading as a MyFundedFX trader.

### What is the trading environment like for MyFundedFX, and what are the phases involved?

All trading phases with MyFundedFX occur within a simulated trading environment using demo accounts.

### What payment methods does MyFundedFX accept, and what should I be aware of when making cryptocurrency payments?

MyFundedFX accepts credit card and cryptocurrency payments. Ensure the correct network is used for crypto payments to avoid issues.

### What plans do you offer?

MyFundedFX offers the following plans:

- **1-Step Challenge**
- **1-Step Max Challenge**
- **2-Step Challenge**
- **2-Step Max Challenge**
- **3-Step Challenge**

For more detailed information and to join the MyFundedFX community, visit their [Discord channel](https://discord.gg/Zd8FVT9uSH).

Ment Funding.PNG

Ment Funding

Ment Funding is dedicated to investing in traders since 2021, offering a unique approach with no time limits and a simple 1-step funding process. 

With funding up to $1,000,000 and account scaling up to $5,000,000, Ment Funding provides a transparent and flexible environment for traders to achieve their goals.

## About Ment Funding Prop Firm: An Overview

### **Legal Company Name**:

Ment Funding, LLC, an affiliate of Prop Account, LLC. All funding assessments are provided by Prop Account, LLC and all assessment fees are paid to Prop Account, LLC.

### **Founding Year**:

2021

### **Executive Team**:

CEO: Anton Calmes

## Trading Platforms

Ment Funding offers a variety of trading platforms to cater to different trading preferences:

- DXTrade
- Match Trader
- cTrader

## Instruments Available at Ment Funding

Traders can trade a wide range of instruments, including:

- Forex pairs
- Metals
- Indices
- Cryptocurrencies

## How to Make Payments at Ment Funding Prop Firm

Payments can be made via cryptocurrency or through fiat payment options with Riseworks.

## Account Sizes

Ment Funding provides various account sizes to choose from:

- 25k: $250 fee
- 50k: $450 fee
- 100k: $750 fee
- 200k: $1500 fee
- 400k: $3000 fee
- 1 million: $7500 fee

## Profit Splits in Ment Funding Prop Firm

Traders keep 75% of their profits, with an option to upgrade to 90%.

## Profit Targets for Ment Funding Prop Firm

The profit target is set at 10% for all account sizes.

## Maximum Daily Drawdown and Loss at Ment Funding Prop Firm

- **Max Daily Loss**: 5%
- **Max Loss (Trailing Drawdown)**: 6%

## Minimum/Maximum Trading Days Required at Ment Funding Prop Firm

There are no minimum or maximum trading days. Traders can pass the evaluation in one day or take their time.

## Pricing for Ment Funding Prop Firm Challenge

The pricing varies based on the chosen account size, ranging from $250 for a 25k account to $7500 for a 1 million account.

## Commissions and Fees at Ment Funding Prop Firm

- **Forex**: $6 roundtrip
- **Commodities**: $0 roundtrip
- **Indices**: $0 roundtrip

## Ment Funding Prop Firm: Refund Policies

There are no refunds for the one-time evaluation fee, as services are rendered instantaneously upon purchase.

## Trial Offers at Ment Funding Prop Firm

Ment Funding does not offer trial accounts but provides comprehensive support and resources to help traders succeed.

## Payout Schedules of Ment Funding Prop Firm

Traders can request withdrawals of their gains at any time, but no more frequently than once per 30 days. Payouts are processed within 48 business hours.

## Advantages and Disadvantages

(according to Trustpilot Reviews)

### Positive Reviews

- Prompt and flexible customer support, often overlooking minor account breaches.
- Trustworthy with necessary resources and timely payouts.
- Active and helpful community on Discord.
- Transparent rules with no hidden conditions.
- Effective one-step evaluation process and large funding opportunities.

### Negative Reviews

- High spreads on minor currency pairs and high commissions.
- Difficult "high water" drawdown rule to understand.
- Low leverage (1:10) perceived as limiting.
- No refunds for passed challenges or free retries.
- Concerns about rule changes and perceived focus on challenge failures.

## FAQ Section

**Q: What are the funding criteria to scale up to $5 million?**
A: To scale up, you need to meet the following criteria:

1. A withdrawal must be processed on your account.
2. 6 consecutive months where the maximum drawdown does not exceed 4%.
3. At least 3 months within those 6 months must have gains exceeding 3%.
4. A total gain of at least 10% since inception.

**Q: Are there any hidden rules?**
A: No, all rules are clearly outlined in the Terms & Conditions. The same rules apply to both the evaluation and funded accounts.

**Q: Can I hold positions over the weekend?**
A: No, all trades must be closed by 3:45pm EST on Friday. Any trades left open will be closed automatically.

**Q: What platforms can I trade on?**
A: Ment Funding provides DXTrade, Match Trader, and cTrader platforms.

**Q: How are commissions charged?**
A: Commissions are $6 roundtrip for Forex trades, while Commodities and Indices have no commission charges.

For more information, visit their social media:

- [Twitter](https://x.com/mentfunding)
- [Instagram](https://www.instagram.com/mentfunding)
- [YouTube](https://www.youtube.com/@mentfunding)

Instant Funding.PNG

Instant Funding

Instant Funding offers instant execution, rapid payouts, and strong support for traders. It provides various account sizes and trading models to fit different needs, with clear rules and competitive profit splits. 

There are no monthly fees, and traders have access to a wide range of instruments, including Forex, metals, commodities, indices, and digital currencies, through platforms like Platform 5, DXtrade, and cTrader. 

The firm also offers flexible challenge phases and unique scaling options, making it suitable for both new and experienced traders looking to grow their trading careers.

## About Instant Funding

### Legal Company Name

Instant Funding

### Address Details

13 Hursley Road, Chandler’s Ford, Eastleigh, Hampshire, England, SO53 2FW

### Established

June 2022

### Registration Location

England and Wales, company number 12696083

### Executive Team

**CEO:** Lewis

## Trading Platforms

- Platform 5
- DXtrade
- cTrader

## Instruments Available at Instant Funding

- FX Major X
- FX Minor X
- FX Exotic X
- Metals
- Commodities
- Major Indices
- Digital Currencies

## How to Make Payments at Instant Funding Prop Firm

Payment methods for withdrawals are exclusively through RISE. This platform streamlines the payout process and offers quick access to earnings.

## Account Sizes

### Instant Funding

- 1.25k: $79
- 2.5k
- 5k
- 10k
- 20k
- 40k
- 80k: $3460

## Profit Splits in Instant Funding Prop Firm

- Baseline profit split: 70%
- Scaled profit split: 90%

## Profit Targets for Instant Funding Prop Firm

- Instant Funding: None
- One-phase challenges: 10%
- Two-phase challenges: 10% (phase one), 5% (phase two)

## Maximum Daily Drawdown and Loss at Instant Funding Prop Firm

- Instant Funding: Max drawdown 10%
- One-phase challenges: Daily drawdown 3%, max drawdown 6%
- Two-phase challenges: Daily drawdown 5%, max drawdown 10%

## Minimum/Maximum Trading Days Required at Instant Funding Prop Firm

- Instant Funding: No minimum trading days
- One-phase and two-phase challenges: Minimum 3 trading days

## Steps Available Across Challenges

### Instant Funding

- Instant Funding model with no profit target and flexible drawdown rules.

### One-phase Challenges

- Account sizes: 10k, 25k, 50k, 100k
- Options: Major news trading, 5 days payouts, increased profit split and drawdown.

### Two-phase Challenges

- Account sizes: 10k, 25k, 50k, 100k

## Pricing for Instant Funding Prop Firm Challenge

- Instant Funding: $79 (1.25k) to $3460 (80k)
- One-phase: $79 (10k) to $429 (100k)
- Two-phase: $89 (10k) to $489 (100k)

## Commissions and Fees at Instant Funding Prop Firm

- Forex pairs: $5 per lot
- Metals/Commodities: $2 per lot
- Indices: $2 per lot
- Crypto: $1 per lot

## Payout Schedules of Instant Funding Prop Firm

- First payout 14 days after first trade, then weekly
- Processed within 24 business hours

## Advantages and Disadvantages

(according to Trustpilot Reviews)

### Positive Reviews

- Timely and effective customer support.
- Fast resolution of issues and payouts.
- User-friendly platform and interface.
- Fair pricing and normal spreads.
- Positive experiences with trading environment and tools.

### Negative Reviews

- Unfavorable margin rules.
- Issues with slippage and inconsistent operations.
- Frequent rule changes without prior notice.
- Delays in account setup and poor communication.
- Distrust due to perceived focus on subscription money.

## FAQ Section

### What payment methods are available for withdrawals?

Withdrawals are exclusively processed through RISE, offering a streamlined and efficient payout process.

### How do I request a payout through RISE?

To request a payout, ensure all trades are closed and Smart Drawdown is locked in. Submit the request via the dashboard, choose RISE as the withdrawal method, enter the amount to withdraw, and provide an email address. Follow the instructions in the email from RISE to create an account and verify identity.

### How quickly are withdrawal requests processed?

Withdrawal requests are generally processed within 24 business hours from receipt during the working week. Requests made at weekends or during a UK Bank Holiday will be processed on the next working day.

### What happens if incorrect bank details are entered for my payout?

If incorrect bank details are entered, the trader will be charged the SWIFT fees for the transaction to be sent and returned. Ensure the details are correct to avoid these fees.

### Are there any monthly fees?

Instant Funding has a one-time fee with no recurring monthly charges.

### How often can trading be done?

There are no restrictions on trading frequency. Traders can trade as often as they like, within the rules of their specific account type.

Finotive Funding.PNG

 Finotive Funding

Finotive Funding is innovative prop trading company with its competitive trading conditions, innovative technology, and trader-centric approach. Offering weekly withdrawals, a comprehensive salary program, in-house developed technology, and a user-friendly dashboard. 

With a variety of account types, high profit shares, and flexible trading rules, Finotive Funding addresses common challenges faced by traders, providing a supportive and dynamic trading environment.

## About Finotive Funding

### Legal Company Name

FINOTIVE FUNDING KFT.

### Address Details

Honvéd utca 8. 1st floor, 1054 Budapest, Hungary.

### Founding Year

April 2021

### Registration Location

Hungary

### Executive Team

CEO: Oliver Newland

## Trading Platforms

Finotive Funding collaborates with Finotive Markets to offer the award-winning **MetaTrader 5 platform**. This platform provides traders with razor-thin spreads, a diverse pool of liquidity providers, and lightning-fast execution. It is designed to meet the needs of both novice and experienced traders, ensuring optimal trading conditions.

## Instruments Available at Finotive Funding

Finotive Funding offers a wide range of trading instruments, including:

- Forex
- Metals
- Indices
- Energies
- Crypto

These instruments enable traders to diversify their portfolios and capitalize on various market opportunities.

## How to Make Payments at Finotive Funding Prop Firm

Finotive Funding provides convenient payment methods, including:

- Card payments via TrustPayments
- Crypto payments via XMoney

This flexibility ensures that traders can easily fund their accounts and start trading without unnecessary delays.

## Account Sizes

Finotive Funding offers different account sizes to cater to various trading needs and levels of experience:

- **Challenge:** $2.5K - $200K
- **Finotive Pro:** $50K - $200K
- **Instant Funding:** $2.5K - $100K

This range allows traders to choose an account size that best fits their trading strategy and financial goals.

## Profit Splits in Finotive Funding Prop Firm

Finotive Funding provides attractive profit splits, rewarding traders for their success:

- **Challenge:** 75%
- **Finotive Pro:** 75% to 100%
- **Instant Funding:** 55% / 60%

High profit shares ensure that traders retain the majority of their earnings.

## Profit Targets for Finotive Funding Prop Firm

- **Challenge & Finotive Pro:**
    - 1-step: 10%
    - 2-step: 7.5% (Stage 1) and 5% (Stage 2)
- **Instant Funding:** No profit target

Realistic profit targets make it easier for traders to achieve their goals and progress through the evaluation process.

## Maximum Daily Drawdown and Loss at Finotive Funding Prop Firm

- **Challenge & Finotive Pro:**
    - Daily Drawdown: 4.0%
    - Maximum Drawdown: 7.5%
    - 2-step: Daily Drawdown 5%, Max Drawdown 10%
- **Instant Funding:**
    - Daily Drawdown: 5.0% / 10.0%
    - Maximum Drawdown: 8.0% / 16.0%

These drawdown limits help traders manage risk and maintain discipline in their trading activities.

## Minimum/Maximum Trading Days Required at Finotive Funding Prop Firm

- **Challenge & Finotive Pro:** No minimum trading days required.
- **Instant Funding:** No minimum trading days required.

This flexibility allows traders to progress at their own pace without unnecessary time constraints.

## Steps Available Across Challenges

### Challenge Account

The Challenge account is designed to test traders' skills and allow them to keep the maximum of their profits for a minimal cost. The evaluation process involves one or two steps, depending on the chosen plan:

- **1-Step Challenge:**
    - Profit Target: 10%
    - Daily Drawdown: 4%
    - Maximum Drawdown: 7.5%
    - Leverage: up to 400:1
- **2-Step Challenge:**
    - Stage 1 Profit Target: 7.5%
    - Stage 2 Profit Target: 5%
    - Daily Drawdown: 5%
    - Maximum Drawdown: 10%
    - Leverage: up to 400:1

**Benefits:**

- Scaling Plan
- Weekly Payouts
- First Payout on Demand
- EAs / News / Copy Trading allowed
- Account Refresh
- Refundable Fee
- Monthly Salary

### Finotive Pro Account

The Finotive Pro account offers a classic challenge with additional benefits, including a monthly salary for consistent performance. The evaluation process also includes one or two steps:

- **1-Step Pro Challenge:**
    - Profit Target: 10%
    - Daily Drawdown: 4%
    - Maximum Drawdown: 7.5%
    - Leverage: 400:1
- **2-Step Pro Challenge:**
    - Stage 1 Profit Target: 7.5%
    - Stage 2 Profit Target: 5%
    - Daily Drawdown: 5%
    - Maximum Drawdown: 10%
    - Leverage: 400:1

**Benefits:**

- Scaling Plan
- Weekly Payouts
- First Payout on Demand
- EAs / News / Copy Trading allowed
- Account Refresh
- Refundable Fee
- Monthly Salary

### Instant Funding Account

The Instant Funding account provides immediate access to funded capital without the need for a challenge or evaluation. It is available in an aggressive variant with specific rules:

- **Instant Funding Rules:**
    - Profit Target: None
    - Daily Drawdown: 5.0% / 10.0%
    - Maximum Drawdown: 8.0% / 16.0%
    - Leverage: 100:1

**Benefits:**

- Scaling Plan
- Weekly Payouts
- First Payout on Demand
- EAs / News / Copy Trading allowed
- No Account Refresh
- No Refundable Fee
- No Monthly Salary

## Pricing for Finotive Funding Prop Firm Challenge

Finotive Funding offers competitive pricing for its challenges:

- **Challenge:** Starts at $50
- **Finotive Pro:** Starts at $550
- **Instant Funding:** Starts at $115

Affordable pricing ensures that traders can participate in the program without a significant financial burden.

## Commissions and Fees at Finotive Funding Prop Firm

Finotive Funding maintains low commissions to maximize traders' profitability:

- **Challenge & Instant Funding:** $4 per round lot for all asset classes (FX, Metals, Indices, and Energies)
- **Finotive Pro:** $3 per round lot

Competitive commission rates help traders retain more of their profits.

## Finotive Funding Prop Firm: Refund Policies

Finotive Funding offers refundable fees for both Challenge and Finotive Pro accounts, ensuring that traders have minimal financial risk when participating in the program.

## Trial Offers at Finotive Funding Prop Firm

Finotive Funding provides a free trial, allowing traders to experience the platform and trading conditions before committing to a funded account.

## Payout Schedules of Finotive Funding Prop Firm

All withdrawals from Finotive Pay are processed **every Friday**, ensuring reliable and timely payouts for traders. Finotive Pay offers various withdrawal methods, including **direct bank transfer and direct crypto payouts**, providing flexibility and convenience.

## Trustpilot Community Feedback

### Positive Reviews

- Quick and effective support team.
- Fast and reliable payout process.
- User-friendly dashboard and platform.
- Excellent trading conditions with tight spreads and fast execution.
- Clear and straightforward trading rules.

### Negative Reviews

- Issues with unclear or restrictive rules.
- Accusations of collusion and high-risk behavior.
- Problems with account management and payouts.
- Inconsistent enforcement of rules leading to customer dissatisfaction.
- Concerns about the company's ethics and fairness.

## FAQ Section

### **Can I hold trades over the weekend?**

Yes! Traders are welcome to hold positions over the weekend or engage in 24/7 crypto trading!

### **Is news trading allowed?**

Yes, news trading is allowed, however, we do not accept news straddling.

### **Is automated trading allowed?**

Yes, automated trading is allowed, however, we do not allow HFT, arbitrage, or any other prohibited methods mentioned in clause 7.1(a) of our Terms and Conditions.

### **Are there any restrictions on trading?**

All trading styles are welcome, however, please read section 7 of our Terms and Conditions to understand some restrictions in place.

### **What payment methods can I use for purchase?**

We currently accept card payments via TrustPayments and crypto payments via XMoney.

### **What pay-out methods are available?**

All pay-outs are paid via Finotive Pay, our partnered payroll platform. From Finotive Pay, you can withdraw via numerous different methods, including bank transfer, direct crypto, Revolut, and PayPal (available in Q3 2024).

### **What broker do you use?**

We are partnered with Finotive Markets to provide all simulated trading and data feeds.

### **Am I trading ‘real’ money?**

No. With Finotive Funding, all trading is simulated with virtual capital.

### **What is the maximum funding allocation?**

The maximum funding allocation is $600K of Challenge capital, $600K of Pro capital, and $200K of Instant Funding capital, totaling $1.4M.

City imperium.PNG

City Traders Imperium

City Traders Imperium (CTI) offers an array of innovative funding programs designed to support traders with different risk appetites and trading styles. 

With generous profit-sharing, substantial capital funding, and flexibility in trading conditions, CTI stands out as a top choice for aspiring and professional traders alike.

As a welcome gift, use the one-time discount code "Get Started" to get a 5% Discount and kick off your trading journey with CTI.

## About City Traders Imperium

### **Legal Company Name:**

CTI FZCO

### **Address Details:**

Dubai Silicon Oasis, DDP, Building A2, Dubai, United Arab Emirates

### **Established:**

2018

### **Registration Location:**

United Arab Emirates (UAE)

### **Executive Team:**

Daniel Martin and Martin Najat

## Trading Platforms

City Traders Imperium supports various trading platforms tailored to meet the needs of traders seeking high flexibility and diverse trading instruments. One example would be **MT5.** These platforms ensure seamless execution, low spreads, and access to multiple financial markets.

## Instruments Available at City Traders Imperium

- Forex
- Indices
- Commodities
- Crypto

## How to Make Payments at City Traders Imperium

CTI offers a range of payment methods for convenience, including:

- Credit/Debit Cards
- Crypto (BTC, ETH, USDT – Tron "TRX" Network)
- Bank Wire (upon request via support email)

## Account Sizes

CTI offers account sizes that scale up to $4 million through their exponential scaling plans, providing ample opportunities for traders to grow their funded capital significantly.

## Profit Splits in City Traders Imperium

The program is designed to reward your success and provide you with a path to even greater profit potential and faster payout frequency.

**1-Step (Instant Funding) & Direct Funding**

- **During the Evaluation:** You’ll receive a 50% profit share once you pass the Evaluation with your first payout on the PM Level 1.
- **During the PM Levels:** Once you're funded or on Direct Funding, you'll be entitled to a tiered profit-sharing structure based on your level:
    - **PM Level 1:** 60% profit share of the profit target.
    - **PM Level 2:** 70% profit share of the profit target.
    - **PM Level 3 and higher levels:** Choose between 70%, 80%, or 90% profit share depending on your chosen route.

**Route 1: Stay on the Same Level and Receive a Higher Profit Share**

- Opt for an 80% and 90% profit share while remaining at your current PM level.
- This is ideal for those looking to build a bigger buffer in their account, providing more room for drawdown while enjoying a larger profit share.

**Route 2: Scale up and continue receiving a 70% profit share.**

- Choose a 70% profit share and scale up to the next level, effectively doubling your account size at every 10% target achieved.
- This is perfect for traders who prefer to manage larger capital and aim for higher returns by scaling up.

**Switching Between Routes**

- You must decide in advance which route you wish to take before starting on any level.
- You can switch between Route 1 and Route 2 at every 10% interval by notifying customer support.

### 2-Step Challenge: How the profit share works?

- **Refund of Sign-up Fee:** 100% refund with your first payout once you're funded on Level 1.
- **Once you're Funded:** Enjoy an 80% profit share initially, with potential to elevate to 90% and 100% as you progress and scale up.

## Profit Targets for City Traders Imperium

- **1-Step Funding Program:** 10%
- **2-Step Funding Program:**
    - Phase 1: 10%
    - Phase 2: 5%

## Maximum Daily Drawdown and Loss at City Traders Imperium

- **1-Step Funding Program:** No Max Daily Drawdown
- **2-Step Funding Program:** 5% Max Daily Drawdown
- **Direct Funding:** No Max Daily Drawdown

## Minimum/Maximum Trading Days Required at City Traders Imperium

- **1-Step Funding Program:** No minimum Active Trading Days required
- **2-Step Funding Program:**
    - Phase 1: 5 Active Trading Days
    - Phase 2: 5 Active Trading Days
- **Direct Funding:** 10 Active Trading Days before the first withdrawal

## Steps Available Across Challenges

CTI offers three distinct funding program types:

- **2-Step Funding Program:** Ideal for traders with high risk tolerance seeking higher drawdown and more leverage.
- **1-Step Funding Program:** Suitable for all trading styles with moderate risk and seeking flexibility and exponential growth.
- **No Evaluation (Direct Funding):** Provides immediate access to payouts without the need for an evaluation phase.

## Pricing for City Traders Imperium Challenge

Due to potential frequent changes in pricing and the need to log in to see the pricing, it's best to create an account and check the pricing upon deciding to give it a try.

## Commissions and Fees at City Traders Imperium

- Commission: $5 per lot
- Spreads: Average 0.2 pips
- No recurring monthly fees

## City Traders Imperium: Refund Policies

CTI has a strict refund policy:

- **1-Step (Instant Funding):** Refund after achieving a minimum of 2% profit and 10 Active Trading days
- **2-Step Evaluation:** 100% refund with the first payout once funded
- **No Evaluation (Direct Funding):** Non-refundable fee

## Trial Offers at City Traders Imperium

CTI provides a public test account for potential traders to evaluate the platform's execution, spreads, and commissions.

## Payout Schedules of City Traders Imperium

**1-Step & Direct Funding: What is the payout process and frequency?**

- **Evaluation Level:** 50% Profit Share of the Profit Target Objective with the first payout on the PM LV1.
- **PM LV1 Payout Frequency:** After 10 Active Trading Days and 2% net eligible profit, subsequent payouts during the last 5 days of each calendar month.
- **PM LV2 & LV3 Payout Frequency:** Bi-weekly every 10th to 15th and 25th to 30th of each calendar month.
- **PM LV4 and Higher Levels Payout Frequency:** Weekly every Friday after 10 Active Trading Days and 2% net eligible profit.

**2-Step Challenge: What is the payout process and frequency?**

- **Funded LV1 Payout Frequency:** Eligible for payouts in as little as 2 weeks after 10 Active Trading Days and 2% net eligible profit.
- **Funded LV2 Payout Frequency:** Bi-weekly every 10th to 15th and 25th to 30th of each calendar month.
- **Funded LV3 and higher Payout Frequency:** Weekly every Friday after 10 Active Trading Days and 2% net eligible profit.

**Do I have to wait until I reach the profit target to be eligible for payouts?**

No need to wait until you hit your profit target; you can request a withdrawal as soon as you achieve the minimum withdrawal requirements of:

1. Minimum of 10 Active Trading Days (ATDs).
2. Minimum of $100 or 2% Net Eligible Profit on the account (whichever is greater).

## FAQ Section

- **Do you offer a free trial account?**
Yes, CTI offers a public test account for anyone interested in testing their platform.
- **What payment methods are available?**
CTI supports credit/debit cards, Crypto (BTC, ETH, USDT), and Bank Wire upon request.
- **Is CTI Regulated?**
CTI operates its own trading account connected to a CySEC-regulated liquidity provider but is not a financial institution and does not provide financial services.
- **What is the Time Limit on the funding programs?**
There is no time limit to reach profit targets on all funding programs.
- **What is the 30-Day Inactivity period?**
Traders must place at least one trade within 30 days to avoid account termination.
- **What are the Minimum Active Trading Days "ATD" for the funding programs?**
Varies by program. For instance, the 1-Step Evaluation requires 10 ATDs before the first withdrawal.
- **What is the Max Daily Drawdown "MDD"?**
The 2-Step Challenge has a 5% Max Daily Drawdown. Other programs do not have a Max Daily Drawdown.
- **What is the Max Absolute Drawdown "MAD"?**
The MAD is 6% for the 1-Step Evaluation and 10% for the 2-Step Challenge.
- **What are the benefits of Direct Funding Account?**
Direct Funding allows traders to skip the evaluation process and start earning payouts immediately.
- **Why are fees higher on Direct Funding?**
Higher fees compensate for the benefit of bypassing the evaluation process and accessing immediate funding.
- **What is the Leverage?**
Leverage varies, with Forex typically at 1:10 for Direct Funding and 1:33 for the 2-Step Challenge.
- **Do you have any consistency rules?**
CTI does not enforce consistency rules related to tradable assets.

For more details, you can visit their official social media accounts:

- [YouTube](https://www.youtube.com/channel/UCEkZnt9WnICT2WQ7BfrWTKA?view_as=subscriber)
- [Facebook](https://www.facebook.com/CityTradersImperium/)
- [Twitter](https://x.com/CTI_Funding)
- [Instagram](https://www.instagram.com/city_traders_imperium/)
- [TikTok](https://www.tiktok.com/@cti_funding)
- [Discord](https://discord.com/invite/86H9wYr9vh)
- [Trustpilot](https://www.trustpilot.com/review/citytradersimperium.com)

Feel free to reach out to their support team via email at support@citytradersimperium.com for any additional inquiries.

Traders Launch.PNG

Traders Launch

Traders Launch prop trading company offers unique opportunities for traders to manage up to **$200k with no time restrictions on payouts.** With a focus on transparency, scalability, and providing resources to successful traders, Traders Launch aims to find and develop the top 5% of traders into the top 1%.

## About Traders Launch Prop Firm: An Overview

### **Legal Company Name:**

Traders Launch LLC

### **Founding Year:** August

2023

### **Registration Location:**

United States

### **Executive Team:**

Max Thomas (CEO), Connor Holly (Quantitative Trader)

## Trading Platforms

Traders Launch operates using **Interactive Brokers, Ninjatrader, and T3 Global** for live funded accounts.

## Instruments Available at Traders Launch

Traders can trade futures contracts including S&P 500 (ES), Nasdaq-100 (NQ), Gold (GC), and Oil (CL), among others. The platform also supports trading of 300-400 of the most liquid stocks and all index ETFs.

## How to Make Payments at Traders Launch Prop Firm

Payments can be made through Bank Wire or Crypto. There are no activation fees or hidden charges beyond the initial monthly evaluation fee.

## Account Sizes

Traders Launch offers evaluation accounts of $100k and $200k.

## Profit Splits in Traders Launch Prop Firm

Funded traders receive 80% of the profits from their accounts.

## Profit Targets for Traders Launch Prop Firm

- **$100k Account:** Profit target of $2000
- **$200k Account:** Profit target of $3000

## Maximum Daily Drawdown and Loss at Traders Launch Prop Firm

- **$100k Account:** $800 end-of-day drawdown
- **$200k Account:** $1000 end-of-day drawdown

## Minimum/Maximum Trading Days Required at Traders Launch Prop Firm

- **Evaluation Phase:** Minimum of 3 trading days
- **Funded Phase:** No minimum trading days

## Steps Available Across Challenges

1. **Evaluation:** Hit profit target and avoid end-of-day drawdown while ensuring the best profit day is not more than 40% of total profits.
2. **Funded:** Achieve a 1% profit target to move to a live brokerage.
3. **Scaling:** Increase trading capacity by 1 mini contract for every 1% increase in account value, up to 15 contracts.

## Pricing for Traders Launch Prop Firm Challenge

- **$100k Futures Plan:** $99 per month
- **$200k Futures Plan:** $159 per month

## Commissions and Fees at Traders Launch Prop Firm

No commissions are charged during the challenge phase. The only fee is the initial monthly evaluation fee.

## Payout Schedules of Traders Launch Prop Firm

Payouts can be requested once the trader reaches a 1% profit target in the funded account. There are no payout caps, and requests are processed within a 3-day time window.

## Advantages and Disadvantages

(according to Trustpilot Reviews)

**There are only a 2 reviews at the time of writing, and both are positive: praising customer support and smooth relationship with the company.**

## FAQ Section

**Are there any activation fees?** No, there are zero activation fees.

**Is the drawdown based on balance or equity?** It is based on the end-of-day closing balance and stops trailing once it reaches the initial account balance.

**What are the payout rules?** Payouts are available once the account grows by 1%, with no cap on withdrawals.

**Are there any hidden rules?** No, all rules are transparently listed.

**Is there any minimum trading days requirement?** A minimum of 3 trading days during the evaluation phase; none for the funded phase.

**Can I swing trade?** Swing trading is allowed after making at least 10% on the account in the funded stage.

**What brokerages do you work with?** Interactive Brokers, Ninjatrader, T3 Global.

**Can I trade SPX, NDX, US30, gold?** Yes, futures equivalents of these instruments are available.

**Is there any time limit in evaluation accounts?** No, there is no time limit.

**What instruments am I able to trade?** All futures contracts and 300-400 of the most liquid stocks and index ETFs.

**Does EOD drawdown stop at account balance?** Yes, and the daily loss can be removed upon request.

For more information and updates, you can follow Traders Launch on their [Twitter account](https://x.com/TradersLaunch) and [YouTube channel](https://www.youtube.com/channel/UCU1FAGwhbCMRfoB6wBkgaJA).

Trade Day.PNG

TradeDay

TradeDay distinguishes itself in the prop trading industry by offering comprehensive trading education, rigorous trader evaluation, and an enticing funding opportunity right from the start. 

This review aims to encapsulate the essence of TradeDay, outlining its services, platforms, and unique propositions that make it a notable choice for traders of all experience levels.

## About TradeDay Prop Firm: An Overview

### Legal Company Name

TradeDay LLC

### Address Details

TradeDay LLC, 2nd Floor, 412 S.Wells, Chicago, Illinois, 60607

### Founding Year

Established in 2020

### Registration Location

Illinois, USA with an additional presence in the UK.

### Executive Team

TradeDay is managed by co-founders James Thorpe and Steve Miley. They bring a wealth of experience, with a combined 60 years in international trading and futures industry expertise.

## Trading Platforms

TradeDay offers a selection of platforms including Tradovate, NinjaTrader, TradingView, and Jigsaw Trading. Tradovate is highlighted as the preferred partner, known for its reliability and comprehensive tools suitable for all major operating systems. Traders can also connect their own licensed versions of NinjaTrader, TradingView, and Jigsaw.

## Instruments Available at TradeDay

TradeDay focuses on regulated futures products traded on major exchanges like CME, CBOT, NYMEX, and COMEX. The firm emphasizes compliance with the rules of these regulated venues and ensures all trading activities are conducted through regulated brokers.

## How to Make Payments at TradeDay Prop Firm

TradeDay utilizes the services of Riseworks for processing trader payouts, with options for bank wire and cryptocurrency withdrawals. Specific fees apply depending on the withdrawal method and location.

## Account Sizes

TradeDay offers tiers from $10,000 to $250,000 with tailored profit targets and drawdown limits designed to suit various trading strategies and risk profiles.

## Profit Splits in TradeDay Prop Firm

Traders keep the first $10,000 in profits and subsequently earn 90% of further profits. There are no restrictions on the frequency of withdrawals.

## Profit Targets for TradeDay Prop Firm:

Profit targets are set according to account size, ranging from $1,000 for the smallest tier to $12,000 for the largest.

## Maximum Daily Drawdown and Loss at TradeDay Prop Firm

## Maximum Daily Drawdown and Loss at TradeDay Prop Firm

TradeDay sets specific drawdown limits for each trading tier, helping manage risks effectively:

- **10k tier:** Maximum drawdown of $1,000
- **25k tier:** Maximum drawdown of $1,500
- **50k tier:** Maximum drawdown of $2,000
- **100k tier:** Maximum drawdown of $3,000
- **150k tier:** Maximum drawdown of $3,500
- **250k tier:** Maximum drawdown of $4,500

## Minimum/Maximum Trading Days Required at TradeDay Prop Firm

TradeDay requires traders to trade for a minimum of 7 days to complete the evaluation process. 

There is no upper limit on the number of trading days, but at least 7 days of trading data is necessary to assess a trader's consistency and strategy effectiveness. Each day a trade is made counts towards this objective.

If traders achieve the profit target and consistency objectives before completing the 7 days, they must continue trading in the same style to ensure a thorough evaluation of their performance over the entire period. 

If a trader alters their trading behavior significantly during this time, such as by reducing the number of trades, changing the contracts traded, or the times of day they trade, this may lead to an extension of the evaluation period.

## Steps Available Across Challenges

TradeDay provides a structured path to funding, from passing the initial evaluation to following specific trading rules and educational training on relevant regulations and strategies.

## Pricing for TradeDay Prop Firm Challenge

Tiered pricing starts at $80 per month for the 10k tier and goes up to $600 for the 250k tier. Each tier offers specific features, including educational and trading resources, with higher tiers providing additional one-on-one coaching.

## Commissions and Fees at TradeDay Prop Firm

No additional commissions are charged to funded traders. Detailed information on commissions applicable to those using their own licenses with platforms like NinjaTrader is available on TradeDay's website.

## TradeDay Prop Firm: Refund Policies

TradeDay does not offer refunds post-purchase due to commitments with third-party service providers. A 14-day free trial is available for prospective traders to evaluate the platform.

## Trial Offers at TradeDay Prop Firm

A 14-day free trial offers a comprehensive preview of TradeDay's trading environment and educational resources, with no obligation to continue.

## Payout Schedules of TradeDay Prop Firm

There are no restrictions on the frequency of profit withdrawals, providing traders with flexibility in accessing their earnings.

## Advantages and Disadvantages

(Based on Trustpilot reviews)

## Advantages

- Reliable business model with fast and competent services.
- Quick and efficient payout process.
- Excellent customer support, often directly from James or Steve.
- User-friendly dashboard that clearly displays all necessary information.
- Fair and straightforward evaluation and payout criteria.

## Disadvantages

No frequent, big issues pointed out by the community.

## FAQ Section

**Q: How long does the evaluation period last at TradeDay?**
A: The evaluation period requires a minimum of 7 trading days. There is no set maximum period, but all traders must trade for at least 7 days to qualify for funding.

**Q: What happens if I meet my profit targets before the 7-day minimum?**
A: If you meet your profit targets before the 7-day minimum, you must continue trading in the same style until the full 7 days are completed. This is to ensure that your trading strategy and performance are consistent and not based on short-term gains.

**Q: Are there any restrictions on the types of trades I can make during the evaluation?**
A: While there are no strict restrictions on the types of trades, sudden changes in your trading pattern—such as the number of trades, the contracts traded, or the timing of trades—can be flagged for review. Consistency in trading is key to passing the evaluation.

**Q: What platforms can I use for trading at TradeDay?**
A: TradeDay supports several trading platforms, including Tradovate, NinjaTrader, TradingView, and Jigsaw. You may connect your own licensed versions of NinjaTrader, TradingView, and Jigsaw to Tradovate for the evaluation.

**Q: How are trading profits paid out at TradeDay?**
A: Profits are paid out via Riseworks, which offers options for bank wire and cryptocurrency withdrawals. There are specific fees associated with different withdrawal methods and locations.

**Q: What happens if I alter my trading strategy during the evaluation?**
A: Altering your trading strategy significantly during the evaluation, especially to reduce risks or manipulate outcomes, can lead to an extension of the evaluation period. TradeDay aims to fund traders who show confidence and consistency in their ability to generate returns, not those who game the system.

Trade.PNG

Trade The Pool

Trade The Pool (TTP), powered by the innovative Five Percent Online Ltd, stands out as a premier destination for stock traders aiming to leverage real funds for real results. 

Offering a compelling suite of day trading and swing packages, TTP allows traders to choose the power they need—from $20,000 to an impressive $160,000 in buying power. 

What sets TTP apart is not just its robust trading platforms and diverse financial instruments but also its commitment to trader development and support, backed by a team of experienced traders and cutting-edge trading technologies.

## About Trade The Pool Prop Firm: An Overview

### Legal Company Name

Five Percent Online Ltd

### Address Details

Headquarters at 14 Haroshet st, Raanaa, Israel; UK Office at Enstar House, 168, Praed Street, London, United Kingdom, W2 1RH

### Founding Year

2016

### Registration Location

Israel

### Executive Team

CEO Michael Katz, Founder Gil Ben Hur, COO Yaniv Elbaz

## Trading Platforms

Trade The Pool offers its proprietary platform, Trader Evolution, which is equipped with advanced features like a scalper window, market depth, super dom, and scanners.

## Instruments Available at Trade The Pool

Traders at TTP can trade over 12,000 stocks and ETFs, including penny stocks, ensuring a wide range of investment opportunities.

## How to Make Payments at Trade The Pool Prop Firm

TTP supports multiple payment methods including wire transfer, cryptocurrency, and credit cards.

## Account Sizes

TTP offers multiple account sizes with buying powers ranging from $3,000 to $160,000, catering to different levels of trader expertise and investment capacity.

## Profit Splits in Trade The Pool Prop Firm

Profit splits vary by account type, starting at 50/50 and going up to 70/30 in favor of the trader, promoting a lucrative trading environment.

## Profit Targets for Trade The Pool Prop Firm:

Profit targets are specifically set based on the account type, ranging from $1,800 to $11,700.

## Maximum Daily Drawdown and Loss at Trade The Pool Prop Firm

Daily drawdown limits and maximum loss rules are clearly defined, varying from $300 to $3,900 based on the account package.

## Minimum/Maximum Trading Days Required at Trade The Pool Prop Firm

Day trading requires a 45-day trading period, while swing trading extends up to 100 days.

## Steps Available Across Challenges

Each trading challenge is designed to test traders under real market conditions, with specific goals and requirements outlined in the challenge details.

## Pricing for Trade The Pool Prop Firm Challenge

Charges for challenges range from a one-time fee of $97 to $490, depending on the account's buying power and features.

## Commissions and Fees at Trade The Pool Prop Firm

The standard commission is $0.005 per share with a minimum of $0.75 per trade, making it cost-effective for active traders.

## Trade The Pool Prop Firm: Refund Policies

TTP’s refund policies are not specified in the provided information and would need further clarification directly from the firm.

## Trial Offers at Trade The Pool Prop Firm

A 14-day free trial is available, allowing potential traders to test the platform and its features without any financial commitment.

## Payout Schedules of Trade The Pool Prop Firm

Traders can withdraw their profits every 14 days, provided they have reached the minimum profit threshold of $300.

## Advantages and Disadvantages

(according to Trustpilot Reviews)

## Advantages

- Helpful support and resources, with a responsive team, especially Devon N.
- Valuable resources like Discord knowledge sharing and daily live sessions.
- User-friendly platform, streamlined and easy to use.
- Fair evaluation system with reasonable pricing.
- Profit sharing every 15 days with payment options in crypto or regular currencies.
- Positive learning environment, good for learning essential trading skills and risk management.

## Disadvantages

- Platform can be buggy, causing issues with order execution and latency.
- Customer service can be slow or unresponsive in certain cases.
- Some trading rules are restrictive, such as trades needing to last at least 60 seconds.
- High cost of fees, affecting profitability, with execution fees and other hidden costs.
- Not regulated by the SEC, raising concerns about credibility, and low passing rate for evaluations.

## FAQ Section

### What types of customer support does Trade The Pool offer?

Trade The Pool provides email support with dedicated office hours from Sunday to Thursday, 07:00 – 17:00 GMT, and Fridays from 07:00 – 12:00 GMT, ensuring traders have access to timely assistance during trading hours.

### Can I upgrade my trading account after signing up?

Traders at Trade The Pool can upgrade their account to increase buying power, with specific upgrade options and criteria detailed in their account settings once they have started trading.

### What security measures are in place to protect my information and funds?

While specific security measures are not detailed in the provided website copy, Trade The Pool is expected to implement industry-standard security practices to protect traders' information and funds, given its operational scale and regulatory requirements.

### How often can I expect software updates on the trading platform?

Trade The Pool likely rolls out updates to its Trader Evolution platform regularly, ensuring traders have access to the latest features and security enhancements. The frequency of these updates, however, would be confirmed by checking the platform or contacting support directly.

traddoo.png

Traddoo

Traddoo Prop Firm is a cutting-edge trading firm that offers real capital allocations and daily payouts to its traders. With a focus on transparency and trader success, Traddoo provides a range of funding programs designed to cater to different trading styles and objectives.

## About Traddoo Prop Firm: An Overview

### **Company Name:**

Traddoo Prop Firm

### **CEO:**

Dylan Worrall

### **Established:**

June 2023

### **Country:**

British Virgin Islands

### **Registration Details:**

Traddoo Ltd, a company organized as an affiliate of FunderPro, registered with the Malta Business Registry under the registration number C 104558

### **Address:**

- **Registered Address:** 30/1, Kenilworth Court, Sir Augustus Bartolo Street, Ta'Xbiex XBX1093, Malta
- **Main Place of Business:** ST Business Centre Balluta, Level 4, 196, Triq Censu Tabone, St. Julian's, Malta

### Trading Platforms

Traddoo provides access to the TradeLocker platform, powered by TradingView, which offers a seamless and efficient trading experience. Traders can use custom-built Expert Advisors (EAs) to automate and manage their trades.

### Instruments Available at Traddoo

Traddoo offers a wide range of trading instruments, including:

- Forex
- Silver
- Commodities
- Indices
- Cryptocurrencies

### How to Make Payments at Traddoo Prop Firm

Traddoo accepts payments via major credit cards and various cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Dogecoin (DOGE), Tether (USDT-ERC20), and USD Coin (USDC-ERC20). Once the payment is verified, traders receive their challenge account credentials via email.

### Account Sizes

Traddoo offers multiple account sizes for their challenges:

- **5k:** $79 for 1-step and 2-step; $89 for 2-step swing
- **10k:** $139 for 1-step and 2-step; $149 for 2-step swing
- **25k:** $249 for 1-step and 2-step; $269 for 2-step swing
- **50k:** $349 for 1-step and 2-step; $379 for 2-step swing
- **100k:** $549 for 1-step and 2-step; $599 for 2-step swing
- **150k:** $819 for 1-step and 2-step; $899 for 2-step swing
- **200k:** $1099 for 1-step and 2-step; $1199 for 2-step swing

### Profit Splits in Traddoo Prop Firm

Traddoo offers an 80/20 profit split by default, which can increase to a 90/10 split with add-ons. Traders can withdraw profits daily, with an average payout time of 8 hours.

### Profit Targets for Traddoo Prop Firm

- **1-step challenge:** 14% profit target
- **2-step challenge:** 10% (phase 1) and 8% (phase 2) profit targets
- **2-step swing challenge:** Same as 2-step challenge

### Maximum Daily Drawdown and Loss at Traddoo Prop Firm

- **1-step challenge:** 4% max daily drawdown; 7% max overall drawdown
- **2-step challenge:** 5% max daily drawdown; 10% max overall drawdown
- **2-step swing challenge:** Same as 2-step challenge

### Minimum/Maximum Trading Days Required at Traddoo Prop Firm

Traddoo has no minimum or maximum trading days required, allowing traders to complete the challenge at their own pace.

### Steps Available Across Challenges

Traddoo offers three challenge options:

- 1-step
- 2-step
- 2-step (swing)

### Pricing for Traddoo Prop Firm Challenge

Challenge prices vary by account size and type. For example:

- **5k:** $79 for 1-step and 2-step; $89 for 2-step swing
- **100k:** $549 for 1-step and 2-step; $599 for 2-step swing
- **200k:** $1099 for 1-step and 2-step; $1199 for 2-step swing

### Commissions and Fees at Traddoo Prop Firm

The challenge fee is refundable once traders successfully pass both phases of the challenge.

### Traddoo Prop Firm: Refund Policies

Traddoo offers a full refund of the challenge fee once traders pass phases 1 and 2 of the challenge.

### Trial Offers at Traddoo Prop Firm

Traddoo provides free trials for traders to practice and get comfortable with their rules. Profits from the trial can be carried over to a funded account challenge, up to 4.5%.

### Payout Schedules of Traddoo Prop Firm

Traders can request payouts daily, with an average processing time of 8 hours. Payouts are made in USDT ERC20 directly into the trader's wallet.

### Advantages and Disadvantages

**Advantages:**

- Real capital allocations
- No time limits on challenges
- Daily payouts with quick processing
- EA usage allowed
- Generous scaling plan up to $5 million

**Disadvantages:**

- Limited information on company details
- No holding over weekends for certain challenges

### Traddoo FAQ Section

**Do You Offer a Free Trial of the Challenge?**

Yes, free trials are available, and profits can be carried over to a funded account challenge.

**How Can I Contact You?**

Traddoo's support team is available 24/7 via email, live chat, and a contact form on their website.

**Is the Fee Refundable?**

Yes, the fee is refundable once you pass both phases of the challenge.

**What Features & Platforms Can I Trade With?**

TradeLocker powered by TradingView, with no need to download any applications.

**What Payment Methods Are Available?**

Major credit cards and cryptocurrencies like BTC, ETH, LTC, DOGE, USDT-ERC20, and USDC-ERC20.

**What Are the Min & Max Trading Days?**

No minimum or maximum trading days are required.

**How Much Profit Do I Get?**

An 80/20 profit split by default, with potential increases to 90/10.

**How Can I Withdraw Profits?**

Profits can be withdrawn daily, with processing times typically within 8 hours.

Glow node.PNG

Glow Node

Glow Node stands out by offering flexible trading challenges without time limits, allowing traders to start on their terms. 

They emphasize rapid rewards, instant setup, and no minimum trading days, ensuring a tailored and user-friendly trading experience.

### Legal Company name:

Glow Node LTD

### Company address:

86-90 Paul Street, London, England, United Kingdom, EC2A 4NE

### Year of establishment:

April 2022

### Place of company registration:

United Kingdom

### Company owners:

- Sam Bradbury, CEO / Founder
- Ryan Beasley, CEO / Founder

## Trading platforms offered:

Not specified

## Trading instruments available:

- Forex
- Metals
- Oil
- Crypto
- Indices

## Payment methods available:

Not specified

## Range of account sizes offered:

- $5,000
- $10,000
- $25,000
- $50,000
- $100,000

## Profit split structure:

Up to 90%

## Profit targets for each challenge phase:

- **1 Phase Challenge:** 10%
- **2 Phase Challenge:** 8% for step 1, 4% for step 2

## Maximum daily and total loss limits:

- **1 Phase Challenge:**
    - Max drawdown: 8% (standard), 5% (glow)
    - Daily drawdown: 4% (standard), 3% (glow)
- **2 Phase Challenge:**
    - Max drawdown: 8% (standard), 5% (glow), 10% (beginner)
    - Daily drawdown: 4% (standard), 3% (glow), 5% (beginner)

## Minimum and maximum trading day requirements:

- No minimum trading days

## Overview of challenges and general rules:

- **1 Phase Challenge:** Profit target of 10%, max drawdown 8% (standard) or 5% (glow), daily drawdown 4% (standard) or 3% (glow), payout period bi-weekly, profit split 80%
- **2 Phase Challenge:** Profit target 8% (step 1), 4% (step 2), max drawdown 8% (standard), 5% (glow), 10% (beginner), daily drawdown 4% (standard), 3% (glow), 5% (beginner), payout period bi-weekly, profit split 80%

## Pricing/costs to start challenges:

- $49 for 5k 1-phase account to $4500 for 100k Instant account

## Fees & commissions

- Commissions on forex pairs: $5 per lot
- Indices, metals, and crypto: commission-free

## Refundable fees details

- Refunds available after the 3rd payout for accounts purchased after 16th May, not available for instant funded accounts

## Free trial availability and details

Not specified

## Payout frequency

- Payouts can be requested every 14 days
- Payments processed through [RiseWorks.io](http://riseworks.io/)

## Leverage

- Forex pairs: 1:30
- Indices: 1:10
- Cryptocurrencies: 1:2

## Consistency rule:

Not specified

## Commission per lo

- $2.50 per lot for forex pairs on each side

## Trustpilot Reviews

### Positive

- **Competitions for Free Challenge Accounts:** The firm offers competitions where traders can win free challenge accounts, adding an exciting opportunity for traders.
- **Excellent Customer Service:** The customer service is frequently praised for being prompt and responsive, addressing traders' needs effectively.
- **Fair Trading Rules:** The firm has clear and fair trading rules, with no hidden rules, making it transparent and trustworthy for traders.
- **Guaranteed Payouts:** Payouts are guaranteed, with a notably low payout denial rate, providing confidence and reliability to traders.
- **User-Friendly Platform:** The trading platform, including features like match trader, is user-friendly and well-structured, enhancing the overall trading experience.

### Negative

- **Account Access Issues:** Some users have experienced problems accessing their funded accounts, even after purchasing them, leading to frustration and delays in trading.
- **Hidden Rules:** There are complaints about hidden rules, such as restrictions on using more than 75% of the daily drawdown, which have led to account denials.
- **Poor Customer Support:** Some users reported that customer support is unresponsive and slow, taking hours to reply to messages and not resolving issues effectively.
- **Scam Allegations:** There are accusations of the company being a scam, with issues like accounts being stopped out prematurely, missed entries, and failure to address these problems satisfactorily.
- **Group Chat Censorship:** Users have noted that messages in group chats are deleted if they contain criticism, and users receive warnings for posting such messages, indicating a lack of transparency and openness.

## Frequently asked questions

**How often can I request a payout?**

Every 14 days, with no requirement to request every other week

**Can I receive a refund?**

Available after the 3rd payout for accounts purchased after 16th May, not available for instant funded accounts

**What is the leverage ratio?**

1:30 for forex pairs, 1:10 for indices, 1:2 for cryptocurrencies

**How many accounts can I have?**

Up to three active accounts with a total starting balance limit of $300,000

**What is the commission rate?**

$2.50 per lot for forex pairs on each side

**What is the meaning of "high water mark"?**

The higher of either your account balance or equity

**Scaling:**

Minimum trading period of 3 months

Eligible to receive 10% of payouts over this period

Account balance must be above the initial balance to qualify

Increase account by 30% of the initial balance, with payout split changing to 90:10 after scaling

Maximum scaling up to $1,000,000

**Payouts:**

Request first payout after 14 calendar days on live account

Must wait another 14 days before next request

Close all trades before requesting payout

Payouts processed through [RiseWorks.io](http://riseworks.io/)

**Relative drawdown:**

Acts like a trailing stop loss, following equity with every $0.01 gained, based on equity not balance

Funding Traders.PNG

Funding Traders

FundingTraders offers unique aspects such as unlimited trading days, weekend and overnight holding, and no commissions on challenge accounts. 

They provide a 100% profit split with options to receive payouts in as fast as 7 days. The company supports a range of trading platforms including TradeLocker, MT5, and cTrader.

They also offer a scaling plan, allowing traders to grow their accounts by 25% every three months if they maintain profitability.

### Legal Company name

MCF Group FZCO, RSRD Limited

### Company address

- IFZA Business Park, DDP - 001, A1 - 3641379065, Dubai
- SUITE C, LEVEL 7, WORLD TRUST TOWER, 50 STANLEY STREET, CENTRAL, HONG KONG

### Year of establishment

April 2023

### Place of company registration

United Arab Emirates

### Company owners

CEO: Stan

## Trading platforms offered

TradeLocker, MT5, cTrader

## Trading instruments available

- FX: Leverage 1:100
- Indices/Gold: Leverage 1:50
- Coins: Leverage 1:5

## Payment methods available

- Bank Transfer: Rise (riseworks.io)
- Crypto: Binance, Coinbase

## Range of account sizes offered

- 5k: $50 fee
- 10k: $100 fee
- 25k: $200 fee
- 50k: $300 fee
- 100k: $550 fee
- 200k: $1100 fee

## Profit split structure

- Default profit split is 80%; with addon, it's either 90% or 100%
- 100% profit split after initial requirements are met

## Profit targets for each challenge phase

- 1-Step: 10% target
- 2-Step: Phase 1: 10% target, Phase 2: 5% target

## Maximum daily and total loss limits

- 1-Step: 4% daily drawdown, 5% overall drawdown (trailing)
- 2-Step: 5% daily drawdown, 10% overall drawdown (static)

## Minimum and maximum trading day requirements

Minimum trading days: 0

## Overview of challenges and general rules

- 1-step and 2-step challenges with profit targets and drawdown limits
- No time limits on trading days
- Weekend and overnight holding allowed
- Zero commissions on challenge accounts
- Max 2% loss per trade idea

## Challenge steps

1. **Challenge Phase**: Achieve 10% profit without exceeding drawdown limits
2. **Funded Phase**: Start earning as a funded trader with up to 100% profit share

## Pricing/costs to start challenges

- 5k: $50
- 10k: $100
- 25k: $200
- 50k: $300
- 100k: $550
- 200k: $1100

## Fees & commissions

Zero commissions on challenge accounts

## Refundable fees details

Full refund of the evaluation fee upon passing the challenge and receiving the first payout

## Payout frequency

7-14 days after the first trade on a funded account, subsequently every 7-14 days

## Leverage

- FX: 1:100
- Indices/Gold: 1:50
- Coins: 1:5

## Commission per lot

Zero commissions on challenge accounts

## Customer support options and details

Email: support@fundingtraders.com

## Trustpilot Reviews

### Positive

- **Responsive and Efficient Support:** The support team is highly responsive and efficient, addressing issues quickly and effectively. Specific agents such as Khalifa, Lance, Ced, and Magnesium were frequently praised for their professionalism and prompt assistance.
- **Customer Support on Discord:** The company provides instant support through Discord, resolving issues promptly. The GriptoSensei support team and Operations Director RobKristian were specifically mentioned for their helpfulness and fairness.
- **Fast Problem Resolution:** Funding Traders is known for quickly migrating to other platforms when issues arise with MT4/5. They also have a consistent risk rule of 2% per trade which is supported by many traders.
- **Good Communication:** The team communicates well during the payout process and answers any questions or concerns promptly. This ongoing communication is appreciated by the users.
- **Polite and Helpful Staff:** The staff, including agents like Khalifa, CED, Lance, and CRYPTOSENSEI, are noted for their politeness and dedication to resolving queries, making the experience pleasant for the users.

### Negative

- **Poor Broker Quality:** Many users complained about the quality of the brokers used, such as City Broker Technologies and Acqua Markets, citing issues like poor execution times, massive spreads, and bad server connections.
- **Inflexible and Hidden Rules:** The company has strict and sometimes hidden rules that can lead to account failures. Examples include unpublished rules, the 2% risk limit rule, and sudden changes that can impact ongoing trades.
- **Technical Issues:** Users faced technical problems such as the MT5 platform being unavailable for PC, issues with the foreign platform migration, and problems with in-house technology affecting trading experiences.
- **Spam and Poor Support:** Some users reported being spammed with margin call emails after failing a challenge, and experiencing unresponsive support during critical times.
- **User Experience Issues:** The online platform is criticized for being user-unfriendly, with poor design practices leading to errors like accidentally purchasing the wrong challenge type, and lack of detailed purchase information in follow-up emails.

## Frequently asked questions

1. **What leverage is available?**
    - FX: 1:100
    - Indices/Gold: 1:50
    - Coins: 1:5
2. **What are the rules for the 1-Step challenge?**
    - Phase 1: 10% target
    - 4% daily drawdown
    - Max 2% loss per trade idea
    - 5% overall drawdown (trailing on highest balance)
3. **What are the rules for the 2-Step challenge?**
    - Phase 1: 10% target
    - Phase 2: 5% target
    - 5% daily drawdown
    - 10% overall drawdown (static on balance)
    - Max 2% loss per trade idea
    - Drawdown reset end of day
4. **Max allocation & scaling**
    - Scaling plan: 25% growth for every 3 months of profitability (10% at the end of the 3-month period)
    - Current max allocation: $750,000 per customer
    - Maximum account merging: $2m (e.g., $1m x 2)

Capture.PNG

Funding Pips

Funding Pips stands out by offering traders an opportunity to progress through multiple career stages (Student - Practitioner - Senior - Master) using their in-house evaluation models. 

They allow traders to hold positions during news events and over weekends, with flexible trading rules and no time limits on trading days. 

Their unique Scaling Plan increases account size and loss limits, and they offer significant profit splits and on-demand payouts for advanced traders.

### Legal Company Name

Funding Pips

### Company Address

Based in the United Arab Emirates, most likely Premises NO. 19948-001, IFZA Business Park, DDP, Dubai, UAE

### Year of Establishment

November 2022

### Place of Company Registration

United Arab Emirates

### Company Owners

CEO: Khaled Ayesh

## Trading Platforms Offered

- Match Trader
- cTrader
- TradeLocker / TradingView

## Trading Instruments Available

- Forex
- Crypto
- Indices
- Metals
- Energies

## Payment Methods Available

- Cryptocurrencies
- Rise
- Credit cards (must be registered under the trader's name)

## Range of Account Sizes Offered

- $5,000 to $100,000

## Profit Split Structure

- 80% profit split during evaluation
- 90% profit split once a trader earns a 'Hot Seat'

## Profit Targets for Each Challenge Phase

- 1-Step: 12%
- 2-Step: 8% and 5%
- 3-Step: 8%, 5%, and 5%

## Maximum Daily and Total Loss Limits

- Evaluation: 4% daily, 6% total
- Funded (1-Step): 4% daily, 6% total
- Funded (2-Step): 5% daily, 10% total
- Funded (3-Step): 4% daily, 6% total

## Minimum and Maximum Trading Day Requirements

- Evaluation: 0 days minimum, unlimited maximum
- Funded: Unlimited

## Overview of Challenges and General Rules

Funding Pips offers 1, 2, and 3-step challenges with various profit targets and loss limits. Traders have unlimited trading days and can use significant leverage.

### Challenge Steps

1. Evaluation Stage
    - Meet profit targets within loss limits.
2. Funded Stage
    - Continue trading with adjusted leverage and loss limits.

### Pricing/Costs to Start Challenges

- $59 USD for a 5k balance account (one-step challenge)
- $500 USD for a 100k balance account (one-step challenge)

### Fees & Commissions

- Forex and Metals: $2 per lot
- Crypto, Indices, and Oil: Commission-free

### Refundable Fees Details

- Upon successfully completing your evaluation phases and having four payouts from your Funding Pips master account, you will be entitled to a refund of your initial registration fee.
- This refund will be processed with your fourth payout. Additionally, you can choose to receive a refund or opt for a new account of the same size.

### Free Trial Availability and Details

- Since the evaluation has no time limit, there is no free retry. Traders can take all the time they need to reach their profit target, eliminating the need for stress or rushing.

### Payout Frequency

- Eligible to request payout every Tuesday
- Payout period: Same day to 4 trading days
- On-demand payouts for 'Hot Seat' traders

### Leverage

- 1:50 for 1-Step & 3-Step Models
- 1:100 for 2-Step Model
- Different leverage for various instruments:
    - Forex: 1:100 (2-Step), 1:50 (1-Step & 3-Step)
    - Metals: 1:30
    - Indices: 1:20
    - Energies: 1:10
    - Crypto: 1:2

### Consistency Rule

Daily lot size limit for Master account in 1-Step and 3-Step models, which is a soft breach if exceeded.

### Commission per Lot

- $2 per standard lot round turn for Forex and Metals
- Crypto, Indices, and Oil are commission-free

## Customer Support Options and Details

Contact email: support@fundingpips.com

## Trustpilot Reviews

### Positive

- **Responsive CEO:** The CEO actively interacts with traders and resolves their queries.
- **Quick Recovery:** Quickly bounced back after an attack from MetaQuotes, introducing three new brokers within a week.
- **Timely Payouts:** Improved payout system, with payments processed within 30 hours and no trading interruptions during processing.
- **Customer Support:** Outstanding customer support that thoroughly addresses and resolves issues.
- **Transparency:** Promises kept regarding payments and services, leading to trust and satisfaction among traders.

### Negative

- **Delayed Payout Interviews:** Risk assessment interviews scheduled up to a month later, causing significant delays in payouts.
- **Order Issues:** Instances of orders being activated and disappearing, raising concerns about order management.
- **Complicated Withdrawal Process:** Withdrawal process can be complex, with trading halted during payout processing.
- **Payout Policy Changes:** Frequent changes in payout policies and schedules, leading to uncertainty and frustration.
- **Minimum Withdrawal Limits:** High minimum withdrawal limits for crypto, which might not be convenient for all traders.

### Frequently Asked Questions

- **Which instrument can I trade?**
    - Forex, Crypto, Indices, Metals, and Energies with RAW spreads. Specific leverage varies by instrument and model.
- **Leverage for the 2-Step Model:**
    - Forex: 1:100
    - Metals: 1:30
    - Indices: 1:20
    - Energies: 1:10
    - Crypto: 1:2
- **Leverage for the 1-Step & 3-Step Model:**
    - Forex: 1:50
    - Metals: 1:20
    - Indices: 1:20
    - Energies: 1:10
    - Crypto: 1:2
- **Lot size restrictions:**
    - No restrictions on the number of lots; however, there is a 20 lot limit per trade click.

Fundednext.PNG

FundedNext

FundedNext offers traders the ability to trade up to $300,000 and earn up to 95% of the profits. 

Unique aspects include a 15% profit share during the Challenge Phase, no time limits for challenges, and a balance-based drawdown feature. 

FundedNext supports MT4, MT5, and cTrader platforms and allows news trading. 

Additional features include monthly competitions, a swap-free account, account reset and top-up options, and a free trial account. 

The firm guarantees payouts within 24 hours and offers 24/7 customer support. 

**Four main plans are available:** Stellar, Evaluation, Express, and Stellar Lite, each with different account sizes and features.

## About FundedNext Prop Firm

### **Legal Company name**

FundedNext

### **Company address**

- **UAE:** Executive Office No. 7, AI Robotics Hub, C1 Building, AFZ, Ajman
- **Comoros Union:** Bonovo Road, Fomboni, Island of Moheli
- **Cyprus:** Pittalou 26, Laiki Leukothea, 3118, Agia Flakseos, Limassol
- **Hong Kong:** 8/F., China Hong Kong Tower, 8-12 Hennessy Road, Wan Chai

### **Year of establishment**

March 2022

### **Place of company registration**

- Ajman, UAE
- Comoros Union
- Cyprus
- Hong Kong

### **Owned by:**

GrowthNext F.Z.C.

### **CEO**

Abdullah Jayed

## **Trading platforms offered:**

MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader

## **Trading instruments available**

Forex Currencies, Indices, Commodities

## **Payment methods available**

AstroPay, PayPal, Bank Transfer, BTC (Bitcoin), ETH (Ethereum), LTC (Litecoin), DOGE (Dogecoin), SOL (Solana), USDC (ERC20), Perfect Money, BUSD, USDT (TRC20), USDT (ERC20)

## **Range of account sizes offered:**

$5,000 to $300,000

## **4 main plans for traders:**

- **Stellar:**
    - Most popular package
    - 1-step and 2-step options
    - Account sizes: $6,000 to $200,000
    - Up to 95% profit split
    - 15% profit share in Challenge Phase
    - No time limit
    - News trading allowed
    - Up to 150% Challenge Phase fee reward on 1st withdrawal
    - Withdrawal every 5 days
- **Evaluation:**
    - Offers free retakes
    - Account sizes: $6,000 to $200,000
    - Up to 95% profit split
    - 15% profit share in Challenge Phase
    - Up to 10% maximum loss limit
    - News trading allowed
    - Up to 150% Challenge Phase fee reward on 1st withdrawal
    - Withdrawal every 14 days
- **Express:**
    - Offers profit shares without needing 5% growth
    - Account sizes: $6,000 to $200,000, with and without consistency option
    - Up to 95% profit split
    - 15% profit share in Challenge Phase
    - Up to 10% maximum loss limit
    - News trading not allowed
    - Up to 150% Challenge Phase fee reward on 1st withdrawal
- **Stellar Lite:**
    - Most affordable package
    - Account sizes: $5,000 to $50,000
    - Up to 95% profit split
    - Super affordable
    - Up to 10% maximum loss limit
    - News trading allowed
    - Lowest profit target
    - Withdrawal every 14 days

## **Profit split structure:**

Up to 95% profit share, with a 15% profit share in the Challenge Phase

## **Profit targets for each challenge phase:**

- Phase 01: 10% profit target within 4 trading weeks
- Phase 02: 5% profit target within 8 trading weeks

## **Maximum daily and total loss limits:**

- 5% Daily Drawdown
- 10% Overall Drawdown

## **Minimum and maximum trading day requirements:**

- Evaluation, Stellar Lite, and Stellar 2-Step Challenges: Minimum of 5 trading days
- Stellar 1-Step Challenge: Minimum of 2 trading days
- Express account: Minimum of 10 trading days

## **Overview of challenges and general rules**

Traders have no time limits for challenges, balance-based drawdown, and can hold trades overnight without paying or receiving interest with a swap-free account. 

FundedNext provides unlimited free retakes, a 14-day extension if needed, and bi-weekly rewards.

## **Challenge steps**

- Phase 01: Achieve a 10% profit target within 4 trading weeks
- Phase 02: Achieve a 5% profit target within 8 trading weeks

## **Pricing/costs to start challenges**

Entry costs range from $50 to $1000

## **Fees & commissions**

- Forex: $3/lot
- Commodities: $3/lot
- Indices: $0/lot
- Crypto: $0/lot
- Stellar Lite account: Forex: $7/lot, Commodities: $7/lot, Indices and Crypto: $0/lot

## **Refundable fees details**

Initial fees are refundable

## **Payout frequency**

Payouts guaranteed within 24 hours, with bi-weekly rewards

## **Leverage**

More on that here [Leverage details](https://help.fundednext.com/en/articles/8019669-what-is-the-leverage-of-the-trading-account)

## **Consistency rule**

Applicable to the Express Consistency Account. Traders must stay within +/- 200% of their weekly average or by a deviation of 2.0, based on Trading Days, Number of Trades, and Lot Sizes.

## **Commission per lot**

- Forex: $3/lot
- Commodities: $3/lot
- Indices: $0/lot
- Crypto: $0/lot
- Stellar Lite account: Forex: $7/lot, Commodities: $7/lot, Indices and Crypto: $0/lot

## **Customer support options and details**

24/7 professional support with an average response time of 50 seconds, available via email, live chat, and messenger

## **Trustpilot Feedback**

### **Positive:**

- **Excellent Customer Support:** Prompt and clear responses, with helpful support staff resolving issues effectively.
- **Quick Payouts:** Fast payout processing, often within hours, and smooth withdrawal experiences.
- **Easy Account Setup:** Instant access to accounts, dashboard, and platform, with efficient chat support.
- **Transparent and Reliable:** Consistent delivery on promises, with a reliable profit split and support for traders.
- **Maximum Trading Freedom:** Offers significant trading freedom and helps traders manage risk and develop skills.

### **Negative:**

- **Low Leverage:** Very low leverage options (e.g., 1:20), which may not suit all trading styles, and lack of response to leverage adjustment requests.
- **Technical Issues:** Occasional problems with account setup and platform operations, with some delays in resolution.
- **Manipulation Concerns:** Reports of trade manipulation and significant slippage, raising concerns about the reliability of their broker.
- **Unfair Account Termination:** Accounts terminated without clear explanations or consideration of customer explanations, leading to dissatisfaction.
- **Regional Limitations:** Restrictions on challenge purchases for traders from certain regions, such as Pakistan, limiting access for a significant trading community.

Funding Trading plus.PNG

Funded Trading Plus

Funded Trading Plus offers unique trading programs, emphasizing achievable scaling, simple rules, and no monthly fees. 

Their programs are designed based on trader feedback to minimize rule breaches and ensure long-term success. 

They allow for profit withdrawals from day one of the FT+ Trader phase and provide world-class 24/7 support.

### Legal Company name

FTP London Ltd

### Company address

7 Bell Yard, London, WC2A 2JR, United Kingdom

### Year of establishment

November 2021

### Place of company registration

England, United Kingdom

### Executive team

Simon M, Chief Executive Officer (CEO)
James F, Chief Operating Officer (COO)
Michael C, Chief Marketing Officer (CMO)

### Trading platforms offered:

- DXTrade
- Match-Trader
- cTrader
- World leading trading platforms (specific platforms not mentioned, contact support for details)

### Trading instruments available:

- Forex
- Indices
- Commodities
- Cryptocurrencies

### Payment methods available:

- Bitcoin (BTC)
- Ethereum (ETH)
- Tether (USDT)
- USD Coin (USDC)
- Binance Pay

### Range of account sizes offered:

Funding ranges from $5,000 to $200,000

### Profit split structure:

- Initial profit split: 80/20
- Upgrade to 90/10 at 20% profit
- Upgrade to 100/0 at 30% profit

### Profit targets for each challenge phase:

Profit targets between 5% and 10% depending on the step-challenge.

### Maximum daily and total loss limits:

- Daily Simulated Loss: 4%
- Maximum Simulated Loss: 6%

### Minimum and maximum trading day requirements:

- No minimum trading days
- Maximum Simulated Trading Days: Unlimited

### Overview of challenges and general rules:

- 1-step, 2-step, and Instant (no evaluation) challenges
- Simulated-leverage up to 30:1
- Scale at every 10% of simulated profit

### Challenge steps:

1. Evaluation (if applicable)
2. FT+ Trader phase

### Pricing/costs to start challenges:

- $225 for 5k one-phase challenge
- $4500 for instant no evaluation 100k challenge

### Fees & commissions:

- Commission per lot: $7 on all FX pairs, Gold, Silver & Gold/EURO

### Refundable fees details:

- 100% refund for most challenges
- Refund at 10% simulated profit for FT+ Trader stage

### Free trial availability and details:

No free trial available.

### Payout frequency:

- Withdraw from FT+ Trader phase on the same day
- Subsequent withdrawals every 7 days
- Minimum withdrawal: $50

### Leverage:

Simulated-leverage up to 30:1

### Consistency rule:

Not mentioned

### Commission per lot:

$7 per lot on all FX pairs, Gold, Silver & Gold/EURO

### Customer support options and details:

24/7 support available

### Trustpilot Reviews:

### Positive

- **Prompt Customer Support:** Exceptional customer support with quick responses and efficient issue resolution.
- **Fast Payouts:** Rapid payout process, often completed within hours, providing reliability and trust.
- **Maximum Trading Freedom:** Allows traders significant freedom in trading, aiding in skill development and risk management.
- **Responsive Management:** Involvement of the CEO in customer issues, reflecting a caring and value-driven approach.
- **Positive Experience for New Users:** Easy-to-learn platform and supportive environment for traders new to prop firms.

### Negative

- **Technical Issues:** Occasional problems with withdrawal buttons and trade execution, though support helps resolve these issues.
- **Platform Transition:** Recent migration to a new broker and platform, which may cause temporary disruptions and adjustment periods.
- **High Commissions:** 8cap broker charges high commissions, affecting profitability, particularly for day trading cryptocurrencies.
- **Limited MT4/MT5 Support:** Lack of support for popular trading platforms MT4 and MT5, which some users may prefer.
- **Simulated Accounts:** Operates on simulated accounts, which might not suit all traders looking for real account experiences.

### Frequently asked questions:

**Am I liable for losses as an 'FT+ Trader' on my simulated-live account?**
No, as you are participating in simulated-live conditions, your capital is not at risk.

**Do we accept payment in Crypto?**
Yes, Bitcoin (BTC), Ethereum (ETH), Tether (USDT), USD Coin (USDC), and Binance Pay are accepted.

**If I pass an evaluation, will you refund my fee?**
Fees are refundable on certain programs after reaching 10% simulated profit in the FT+ Trader phase. Not refundable for The Master Trader Program.

**Are there any monthly fees?**
No, the program fee is a one-time charge.

**Is there a time limit for passing the evaluation?**
No, but at least one simulated trade must be placed every 30 days to keep the account active.

**Does my evaluation account expire?**
Yes, if no simulated trading activity occurs within a 30-day period.

**I no longer want my account, do you offer refunds?**
Refunds are available if no simulated trades are placed within the first 14 days.

**Which Platforms do you offer?**

- DXTrade
- Match-Trader
- cTrader
- World leading trading platforms, contact support for more details.

**Can I withdraw simulated profit from an Evaluation account?**
No, withdrawals can only be made from the FT+ Trader phase.

**Trading spreads, commissions and fees:**
Trading costs are minimal and competitive.

**What is an "FT+ Trader Account"?**
A simulated live account where real funds can be withdrawn from day one.

For Traders.PNG

For Traders

For Traders offers a unique simulated trading game where participants can trade up to $100,000 in virtual funds. 

The company emphasizes transparency, professionalism, and flexibility, allowing traders to customize challenge rules based on their strategies. 

The platform supports various trading instruments with real market quotes from liquidity providers. 

Additionally, For Traders boasts a robust educational program, quick payouts, and multiple trading platforms.

### Official company name

BLN Tech Club DMCC

### Company address

- **Prague Office**: Mississippi House, Karolinská 706/3186 00 Karlín, Prague, Czech Republic (Development & Marketing)
- **Dubai Office**: Goldcrest Executive Building, Office No. 1210, JLT, Cluster C, Dubai, United Arab Emirates (Headquarters)
- **Kuala Lumpur Office**: Unit 12, Level 19, GTower, 199 Jalan Tun Razak 50400 Kuala Lumpur, Malaysia (Customer Support)

### Year of establishment

July 2023

### Place of company registration

United Arab Emirates

### CEO

Jakub Roz

## Trading platforms offered

- MetaTrader 5 (MT5)
- DXTrade
- Trading journal
- AI trading coach (coming soon)

## Trading instruments available

- Forex
- Commodities
- Stocks (available as add-on)
- Indices
- Crypto

## Payment methods available

- Bank transfer
- Crypto (USDC and other stablecoins)
- Local payment methods
- Debit card (coming soon)

## Range of account sizes offered

- $5,000: 44 USD
- $10,000: 89 USD
- $25,000: 157 USD
- $50,000: 224 USD
- $100,000: 397 USD

## Profit split structure

- 80% profit split
- 100% bonus

## Profit targets for each challenge phase

9% profit target

## Maximum daily and total loss limits

- **3% daily drawdown**: This is the maximum allowable loss in a single trading day. If the account's balance decreases by 3% in one day, it will be considered a breach of the rules.
- **6% max drawdown**: This is the maximum allowable loss over the entire duration of the challenge. If the account's balance decreases by 6% overall, it will be considered a breach of the rules.

## Minimum and maximum trading day requirements

- Minimum trading days: 3
- No maximum trading days (unlimited time)

## Overview of challenges and general rules

Participants trade with virtual capital, aiming to meet specific profit targets and adhere to drawdown limits. 

Trading leverage is 1:125, with options to hold trades over weekends and during news events.

## Challenge steps

1. Pass the Challenge: Customize rules and demonstrate trading skills.
2. Trade Virtual Capital: Make trades on a demo account.
3. Take Your Profit Share: Earn real money based on trading performance.

## Pricing/costs to start challenges

- $5,000 account: 44 USD
- $10,000 account: 89 USD
- $25,000 account: 157 USD
- $50,000 account: 224 USD
- $100,000 account: 397 USD

## Fees & commissions

- $5 per lot for forex, metals, and commodities
- $6 per trade for stocks
- $0 per lot for indices and crypto

## Refundable fees details

Not mentioned.

## Free trial availability and details

No free trial available.

## Payout frequency

Bi-weekly payouts

## Leverage

- **Challenge Phase**:
    - Forex: 1:125
    - Indices: 1:20
    - Stocks: 1:20
    - Commodities: 1:40
    - Crypto: 1:3
- **Funded Phase**:
    - Forex: 1:40
    - Indices: 1:20
    - Stocks: 1:20
    - Commodities: 1:20
    - Crypto: 1:2

## Consistency rule

Not specified.

## Commission per lot

- $5 per lot for forex, metals, and commodities
- $6 per trade for stocks
- $0 per lot for indices and crypto

## Customer support options and details

24/5 customer support available

## Frequently asked questions

**What Is For Traders?**
An evaluation and educational company providing simulated trading environments with virtual capital and real cash rewards.

**Why Should I Choose For Traders?**
Favorable terms, quick payouts, educational resources, community support, and transparency. The company is backed by a large financial group and emphasizes professionalism.

**What Is the Leverage?**

- **Challenge phase**: 1:125 for Forex, 1:20 for Indices, 1:20 for Stocks, 1:40 for Commodities, 1:3 for Crypto.
- **Funded phase**: Reduced leverage for holding trades over the weekend (Forex: 1:40, Indices: 1:20, Stocks: 1:20, Commodities: 1:20, Crypto: 1:2).

Fxify.PNG

FXIFY

FXIFY™ Solutions LTD is a newly established prop trading firm that sets itself apart with fast payouts, unmatched trading conditions, and an industry-leading dashboard. 

Offering customizable account options, traders can engage with over 300 symbols, including stocks, crypto, and more. 

Backed by the renowned broker FXPIG™, FXIFY provides access to trading platforms like MetaTrader 4, MetaTrader 5, and DXtrade. 

The firm supports various trading strategies, including the use of EAs and holding trades over the weekend. 

Notable features include a one-phase program, instant credentials for both phases, bi-weekly payouts, no consistency rules, and up to a 90% performance split.

**Create an account with FXIFY today and start your trading journey!**

## About FXIFY

### Official Company Name

FXIFY™ Solutions LTD

### Company Address

Unit 1, 74 Back Church Lane, London, E1 1LX, UK

### Year of Establishment

April 2023

### Place of Company Registration

United Kingdom

### Company Owners

Peter Brown and David Bhidey

## Trading Platforms and Instruments

### Trading Platforms Offered

FXIFY provides access to three advanced trading platforms: MetaTrader 4, MetaTrader 5, and DXtrade. These platforms are well-regarded for their robust features, user-friendly interfaces, and extensive toolsets, catering to both novice and experienced traders.

### Trading Instruments Available

Traders with FXIFY can access over 300 trading instruments, including:

- Forex
- Metals
- Indices
- Stocks
- Crypto

This extensive range allows for diverse trading strategies and opportunities, accommodating the preferences of various traders.

## Payment Methods

### Payment Methods Available

FXIFY supports over 15 payout options, ensuring flexibility and convenience for traders worldwide. This variety of methods enhances the ease of financial transactions, making the trading experience smoother.

## Account Sizes and Profit Split

### Range of Account Sizes Offered

FXIFY offers a range of account sizes to suit different trading needs:

- $10,000
- $15,000
- $25,000
- $50,000
- $100,000
- $200,000
- $400,000

### Profit Split Structure

Traders can benefit from a highly competitive profit split structure, with up to a 90% performance split. This lucrative arrangement incentivizes traders to achieve high performance and maximize their earnings.

## Evaluation Process

### Profit Targets for Each Challenge Phase

The profit target for each challenge phase is set at 10%, maintaining a consistent and achievable goal for traders during their evaluation.

### Maximum Daily and Total Loss Limits

To ensure risk management and discipline, FXIFY enforces the following loss limits:

- Daily loss limit: 5%
- Max trailing drawdown: 6%

### Minimum and Maximum Trading Day Requirements

Traders must adhere to a minimum trading period of 5 days, with no maximum trading day limit, providing ample time to meet the evaluation criteria.

## Overview of Challenges and General Rules

### Challenge Overview

FXIFY's unique one-phase program requires traders to complete a single evaluation phase with strict money management rules. 

This approach accelerates access to funded accounts, allowing traders to quickly move towards managing larger capital. Additionally, tailored programs are available to meet specific trading needs.

### Challenge Steps

1. **Choose the Account Size**: Select and customize the account size during checkout.
2. **Trade the Assessment**: Complete the one or two-phase assessment.
3. **Get Funded**: Receive up to $400,000 in starting capital after passing the assessment.

## Pricing/Costs to Start Challenges

FXIFY's challenge fees are structured as follows:

- $10,000 - $75 fee
- $15,000 - $99 fee
- $25,000 - $175 fee
- $50,000 - $325 fee
- $100,000 - $475 fee
- $200,000 - $999 fee
- $400,000 - $1999 fee

These fees are a one-time cost, refundable upon successful funding.

### Refundable Fees

The one-time fee for the challenge is 100% refundable upon successful funding, providing a risk-free investment for traders who meet the evaluation criteria.

## Fees and Commissions

FXIFY offers two types of fee structures:

- **All-In**: Commission-free trading for FX, metals, crypto, indices, except for stock CFDs (0.35% RT).
- **RAW**: Commissions apply to FX, metals, crypto, indices.

This flexibility allows traders to choose the fee structure that best fits their trading style and strategy.

## Free Trial

**FXIFY does not mention a free trial option**, focusing instead on their comprehensive and refundable one-phase evaluation program.

## Payout Frequency

FXIFY offers bi-weekly payouts, ensuring traders have regular access to their earnings. This frequent payout schedule enhances financial liquidity and allows for timely reinvestment of profits.

## Leverage

FXIFY provides competitive leverage options across different instruments:

- **FX & Gold**: 30:1 (with an option to increase to 50:1 at checkout)
- **Indices**: 10:1
- **Stocks**: 2:1
- **Crypto**: 2:1

These leverage options cater to various trading strategies and risk preferences, offering flexibility for traders.

## Consistency Rule

FXIFY does not impose consistency rules, allowing traders to utilize their preferred trading strategies without additional restrictions. This flexibility supports diverse trading approaches and innovation.

## Commission per lot:

Not specifically mentioned for lots, but commissions apply to certain instruments in the RAW feed.

## Customer support options and details:

Email support at support@fxify.com

## Trustpilot Feedback

### Positive

- **Real Live Funded Accounts:** Offers real live funded accounts, ensuring that profits are 100% real and not from demo accounts.
- **Regulatory Compliance:** Operates under regulatory oversight, ensuring compliance with industry standards and regulations.
- **Fast Payouts:** Payouts are processed quickly, often on the same day, with funds received within a few business days.
- **Excellent Customer Support:** Responsive and helpful support available through various channels, including Discord.
- **Good Trading Conditions:** Low spreads, favorable trading conditions, and a straightforward process for account evaluations and phase transitions.

### Negative

- **Inconsistent Promotions:** Loyalty promotions can be inconsistent, leading to dissatisfaction among long-term users.
- **Hidden Fees:** Some users report undisclosed fees, such as $3 per lot entry and $20 for next-day holding of trades.
- **Delayed Account Resets:** Issues with timely resetting of accounts after payouts, leading to trading disruptions.
- **Slow Customer Support Response:** Delays in customer support responses and resolution of issues, causing frustration.
- **Unclear Rules and Bans:** Reports of accounts being banned without clear explanations, and denied payouts for alleged prohibited trading practices without detailed reasons.

### Frequently asked questions:

- **Spreads**: Read-only accounts available to check symbols and spreads.
- **Platform change**: Allowed if no trades placed; otherwise, change possible upon account upgrade.
- **Platforms available**: MetaTrader 4, MetaTrader 5, DXtrade.
- **Commission**: All-In feed is commission-free for FX, metals, crypto, indices; RAW feed has commissions.
- **Fee purpose**: Covers services, MetaTrader and broker services, refundable upon first performance split.

FTMO Review: A Comprehensive Look at a Leading Prop Trading Firm

FTMO.PNG

 FTMO

FTMO is a prominent prop trading firm known for its unique 2-step Evaluation Process, consisting of the FTMO Challenge and Verification stages. 

Established in January 2015 and headquartered in Prague, Czech Republic, FTMO offers traders the opportunity to manage a demo FTMO Account with up to $200,000 and earn up to 90% of their simulated profits. 

This review delves into the key aspects of FTMO, including its offerings, processes, and user feedback, providing traders with the essential information needed to make an informed decision.

**Create an account with FTMO today and start your trading challenge!**

## FTMO Overview

FTMO provides a structured pathway for traders to prove their skills and manage significant trading accounts through a two-step evaluation process. 

The firm's offerings are designed to cultivate disciplined trading habits and provide educational tools, performance coaching, and career advancement opportunities with Quantlane for top performers.

## Trading Platforms and Instruments

FTMO supports multiple trading platforms, including MetaTrader 4, MetaTrader 5, cTrader, and DXtrade.

Traders can access a wide range of instruments, such as **Forex, Indices, Commodities, Stocks, and Crypto**, allowing for diverse trading strategies and opportunities.

## Payment Methods

FTMO accepts various payment methods to facilitate ease of transactions for traders. **These include bank wire transfer, debit/credit cards, cryptocurrencies, and Skrill, providing flexibility and convenience for global traders.**

## Account Sizes and Profit Split

**FTMO offers account sizes ranging from $10,000 to $200,000.** 

The profit split structure is highly competitive, with traders keeping **80% of their profits**, which can **increase to 90% through the Scaling Plan.** 

This attractive profit-sharing model incentivizes traders to perform well and grow their accounts.

## Evaluation Process

### FTMO Challenge

The FTMO Challenge is the first step in the evaluation process, where traders must demonstrate their trading skills by adhering to specific Trading Objectives. 

These objectives include a 10% profit target and strict risk management rules, such as a maximum daily loss of 5% and a total loss limit of 10%.

### Verification

Upon successful completion of the FTMO Challenge, traders proceed to the Verification stage. This stage has simplified trading objectives, with the profit target reduced by half while maintaining the same risk management rules. 

The Verification phase ensures that traders can consistently perform under real market conditions.

### FTMO Trader

After passing the Verification stage, traders are granted access to a demo **FTMO Account** **with up to $200,000 in fictitious funds.** 

This account allows traders to continue honing their skills and earning a significant portion of their simulated profits.

### Professional Trader

**Top-performing traders have the opportunity to join Quantlane as professional traders.** This partnership offers a fixed salary and further career growth, making FTMO a stepping stone to a professional trading career.

## Pricing and Costs

FTMO charges a fee for each account size to start the challenges, which are refundable upon meeting the objectives:

- **$155 for a $10k account**
- **$250 for a $25k account**
- **$345 for a $50k account**
- **$540 for a $100k account**
- **$1080 for a $200k account**

These fees cover the costs of evaluation and the comprehensive support provided throughout the process.

## Fees and Commissions

FTMO has transparent fee structures for various trading instruments:

- **Forex: $3 USD/Lot**
- **Exotics: $3 USD/Lot**
- **Metals CFD: .0010%/Volume**
- **Cash CFD: $0**
- **Futures CFD: $0**
- **Crypto: $0**
- **Equities CFD: .0040%/Volume**

These fees are competitive and align with industry standards, ensuring traders can optimize their profit margins.

## Free Trial

FTMO offers a free trial that allows prospective clients to experience a shortened version of the FTMO Challenge.

## Payouts

Payouts at FTMO are processed on a monthly basis or on-demand after 14 calendar days from the first trade. This flexibility ensures that traders can access their earnings promptly and efficiently.

## Leverage

FTMO provides different leverage options for various trading instruments:

- **Normal Leverage:**
    - Forex: 1:100
    - Exotics: 1:100
    - Metals CFD: 1:50
    - Cash CFD: 1:50
    - Futures CFD: 1:50
    - Crypto CFD: 1:3.3
    - Equities CFD: 1:3.3
- **Swing Leverage:**
    - Forex: 1:30
    - Exotics: 1:30
    - Metals CFD: 1:15
    - Cash CFD: 1:15
    - Futures CFD: 1:15
    - Crypto: 1:1
    - Equities CFD: 1:1

These leverage options cater to different trading styles and risk appetites, providing flexibility for traders.

## Customer Support

FTMO offers comprehensive customer support options, available 24/7 via email, live chat, and WhatsApp. Phone support is available from 9 am – 5 pm CE(S)T, Monday to Friday. Support is offered in 16 languages, ensuring accessibility for traders worldwide.

## Trustpilot Feedback

FTMO has received a stellar rating of 4.8 out of 5 on Trustpilot, based on 11,916 reviews.

### Positive Feedback

- **Profitable Trading Support:** Helps traders develop profitable trading plans, with many users achieving significant profits.
- **Strict but Beneficial Rules:** Enforces strict trading rules that help traders become disciplined and sharpen their trading skills.
- **Reliable and Trustworthy:** No manipulation in trading conditions, offering reliable and transparent services.
- **Responsive Support Team:** Effective support team that handles account issues and restores accounts as requested.
- **Quick Payouts:** Fast and efficient payout process, with users successfully receiving their profits.

### Negative Feedback

- **Slow Customer Service:** Customer service can be slow, with email support taking several days and long queues in live chat.
- **Limited Instruments:** The platform offers a limited number of stocks, making it harder for stock-focused traders to achieve maximum daily loss limits.
- **Inconsistent Communication:** Initial support may lack clarity, requiring multiple interactions to resolve issues.
- **Delayed Account Updates:** Some users experience delays in account updates and receiving funded accounts after verification.
- **Support Redirects:** Live chat support often redirects users to email, which can be frustrating for urgent issues.

## Frequently Asked Questions

1. **What payment methods are available?** Bank wire transfer, debit/credit card, cryptocurrencies, Skrill.
2. **How do I withdraw my profits?** Payouts are done via bank wire transfer, Skrill, or cryptocurrencies, processed within 1-2 business days.

## Contact Information

- **Email:** support@ftmo.com
- **Phone:** +44 2033222983
- **Address:** Purkynova 2121/3, 110 00, Prague, Czech Republic

## Legal Information

FTMO operates under the following legal entities:

- FTMO Evaluation Global s.r.o., Purkynova 2121/3, Nové Město, 110 00 Prague 1, Czech Republic, ID: 09213651, registered in the Commercial Register maintained by the Municipal Court in Prague, file no. C 332660
- FTMO Evaluation US s.r.o., Purkynova 2121/3, Nové Město, 110 00 Prague 1, Czech Republic, ID: 09213741, registered in the Commercial Register maintained by the Municipal Court in Prague, file no. C 332660

**Create an account with FTMO today and start your trading challenge!**

**Begin your journey to becoming a professional trader with FTMO.**

If you have an affiliate link, please provide it so we can include it in the CTAs.

Elite Trader.PNG

 Elite Trader Funding

Elite Trader Funding offers a distinctive opportunity for traders to earn live funding based on their performance in simulated accounts. 

Unique aspects include minimal trading rules, allowing traders to focus on their skills rather than strict guidelines, and the freedom to trade during any market conditions, including holidays and special events.

## Official company name:

Elite Trader Funding LLC

## Company address:

Not specified.

## Year of establishment:

February 2022

## Place of company registration:

United States

## Company owners:

Kanwal Singh, Eric Ho, Clint Chaney

## Trading platforms offered:

- NinjaTrader
- Tradovate
- TradingView
- Rithmic

## Trading instruments available:

Supported markets include:

- CBOT
- COMEX
- CME Group
- NYMEX

## Payment methods available:

Payment details were not specified.

## Range of account sizes offered:

- **50K Evaluation:** $165/month, Max positions: 8 minis/80 micros, Max Drawdown: $2,000, Profit Target: $3,000
- **100K Evaluation:** $205/month, Max positions: 14 minis/140 micros, Max Drawdown: $3,000, Profit Target: $6,000
- **150K Evaluation:** $295/month, Max positions: 18 minis/180 micros, Max Drawdown: $5,000, Profit Target: $9,000
- **250K Evaluation:** $515/month, Max positions: 24 minis/240 micros, Max Drawdown: $6,500, Profit Target: $15,000
- **300K Evaluation:** $655/month, Max positions: 30 minis/300 micros, Max Drawdown: $7,500, Profit Target: $20,000

## Profit split structure:

Traders keep 100% of the first $12,500 in profits and 90% of all profits thereafter.

## Profit targets for each challenge phase:

Specific profit targets were listed under account sizes offered.

## Maximum daily and total loss limits:

Loss limits are specified for each account size:

- 50K Evaluation: Max Drawdown: $2,000
- 100K Evaluation: Max Drawdown: $3,000
- 150K Evaluation: Max Drawdown: $5,000
- 250K Evaluation: Max Drawdown: $6,500
- 300K Evaluation: Max Drawdown: $7,500

## Minimum and maximum trading day requirements:

A minimum of 5 trading days is required for all evaluations.

## Overview of challenges and general rules:

Challenges involve proving profitability without hitting the drawdown limits. Traders can trade any time and have the option to reset evaluations for a fee.

## Challenge steps:

Challenges typically include the following steps:

1. Meet profit targets
2. Avoid exceeding drawdown limits
3. Trade for at least 5 days

## Pricing/costs to start challenges:

- 50K Evaluation: $165/month
- 100K Evaluation: $205/month
- 150K Evaluation: $295/month
- 250K Evaluation: $515/month
- 300K Evaluation: $655/month

## Fees & commissions:

- Evaluation reset fee: $75
- Monthly data and platform fee: $80 once qualified

## Refundable fees details:

1 month of Elite FREE for qualifiers on 100K, 2 months free on 250K evaluations.

## Free trial availability and details:

A 14-day free trial is available with a 250K Fast Track account on NinjaTrader only. Only one trial is allowed per trader.

## Payout frequency:

Elite Traders are paid through Rise with flexible withdrawal options, including ACH and crypto. Payouts are processed daily at 3 pm EST, with funded accounts processing on Wednesdays.

## Leverage:

Leverage details vary by evaluation and can be found in the challenge details.

## Consistency rule:

Traders must achieve a minimum of $200 in realized profit and maintain the safety net for each payout request. Consistency in trading behavior is required.

## Commission per lot:

Commission details can be found in the specific evaluation and challenge rules.

## Customer support options and details:

Customer service hours are 8 am-4 pm CST, Monday to Friday.

## Trustpilot Feedback

### Positive Feedback

- **Smooth and Fast Payouts:** The payout process is efficient, with approvals often happening on the same day and funds arriving by the next business day.
- **High-Quality Service:** While not the cheapest, the quality of service and support is top-notch, making it a reliable choice for traders.
- **Responsive Support:** Support is consistently responsive, typically within 24 hours, and available through Discord and email.
- **Customer-Oriented Policies:** Willingness to honor mistakes and provide personal codes for resets, demonstrating exceptional customer service.
- **Transparency Improvements:** Recent updates to policies have clarified previous confusion, enhancing the transparency of their operations.

### Negative Feedback

- **Lack of Transparency:** Claims of transparency are disputed, with frequent changes to terms and unclear policies leading to denied payouts.
- **Complex Rules:** Introduction of new rules like the 10-second rule and dollar cost averaging rule can lead to account cancellations for minor infractions.
- **Confusing Terms:** Website, contracts, FAQs, and terms are designed in a way that may mislead or confuse traders.
- **Inconsistent Payouts:** Reports of denied payouts despite meeting all requirements, leading to frustration and distrust among traders.
- **Lack of Accountability:** Accusations that ETF does not substantiate their actions and ignores customer issues in hopes of retaining fees and profits.

### Frequently asked questions:

1. Free trial: A 14-day free trial is available.
2. Drawdown: Resets can be purchased for $75.
3. Minimum trading days: 5 days or more for all evaluations.
4. Payout method: Through Rise, with flexible options including ACH and crypto.

E2T.PNG

Earn2Trade

Earn2Trade is a futures trading education and evaluation company offering flexible funded trader evaluation programs and extensive educational content. 

They provide a pathway for traders of all levels to start trading futures professionally and achieve their goals. 

Unique aspects include:

- Funding traders through virtual accounts transitioning to live trading.
- Trader Career Path® offering a structured progression with scaling account sizes.
- Focus on intraday trading skills with the Gauntlet Mini™ program.
- Easy withdrawals and transparent drawdown structure.
- Extensive educational materials and advanced journaling with Journalytix™.

## Official company name

**EDX EDUCATION SERVICES L.L.C**

## Company address

**Churchill Executive Tower, Office no. 3013, PO Box 3808, Business Bay, Dubai, United Arab Emirates.**

## Year of establishment

**January 2017.**

## Place of company registration

**United States.**

## Company owners

**CEO: Osvaldo Guimarães.**

## Trading platforms offered

**NinjaTrader, Finamark, R | Trader & R | Trader Pro, Overcharts.**

## Trading instruments available

**All CME (CME, CBOT, NYMEX, COMEX) Futures assets, including Micros. No Forex trading.**

## Payment methods available

**Bank Wire, Crypto withdrawal through Rise.**

## Range of account sizes offered

- $25,000
- $50,000
- $100,000
- $200,000
- $400,000

## Profit split structure

- Withdraw 80% of profits after meeting profit targets.
- Minimum withdrawal amount: $100.
- First withdrawal must cover the $139 setup fee.

## Profit targets for each challenge phase

- $25,000 account: $1,750 profit goal.
- $50,000 account: $3,000 profit goal.

## Maximum daily and total loss limits

- $25,000 account: $1,500 EOD drawdown, $550 daily loss limit.
- $50,000 account: $2,000 EOD drawdown, $1,100 daily loss limit.

## Minimum and maximum trading day requirements

- Minimum 10 trading days for the Trader Career Path®.

## Overview of challenges and general rules

- Trade at least 10 days.
- Only trade during approved times.
- Follow the progression ladder.
- Maintain consistency and avoid exceeding daily loss limits and EOD drawdown.

## Challenge steps

1. Pass the evaluation on a virtual account.
2. Upgrade through live accounts by meeting profit targets.
3. Reach a $400,000 account with fixed drawdown.

## Pricing/costs to start challenges

- Trader Career Path®: $115/month for TCP50, $90/month for TCP25.
- The Gauntlet Mini™: from $170/month.

## Fees & commissions

- Monthly subscription fees: $115 for TCP50, $90 for TCP25.
- Withdrawal fees: $10 per payment, waived for withdrawals over $500.
- One-time activation fee: $139 for LiveSim® accounts, deducted from the first withdrawal.

## Refundable fees details

- Free reset when rebilled.
- One-time activation fee of $139 only deducted if profits are made.

## Free trial availability and details

Free trial is not provided at the time of this writing.

## Payout frequency

Withdrawals are processed weekly on Tuesdays. Requests must be emailed by 2pm on the prior Friday.

## Leverage

Not directly mentioned; leverage is detailed in challenge specifications.

## Consistency rule

Over the course of the examination, no single trading day can account for 30% or more of the total PnL. Does not apply on LiveSim® and/or Live accounts.

## Commission per lot

Live commissions assigned to evaluation accounts from May 1 onwards.

## Customer support options and details

- Email: finance@earn2trade.com, support@earn2trade.com
- Chat available on earn2trade.com

## Positive Trust Pilot reviews

**4.7 TrustScore with 1900+ reviews.**

- **Flexible Account Options:** Offers a choice between live simulation (virtual USD) and live accounts (real accounts), promoting a win-win situation for traders.
- **Quick Support and Recognition:** The website quickly recognizes when evaluations are passed, and the support team responds promptly to queries.
- **Reasonable Evaluation Period:** The 10-day period for completing an evaluation is appreciated for its efficiency.
- **Reliable Execution and Support:** Fast and accurate order execution, with helpful support, especially during technical issues.
- **Clear Rules and Easy Verification:** Transparent steps, trusted company reputation, and simple payment methods with an easy verification process for funded accounts.

## Negative Trust Pilot reviews

- **Tricky Evaluation Rules:** The evaluation period and some rules can be complex, such as penalties for trading on holidays without notification.
- **Extended Minimum Requirement:** The 15-day minimum requirement for passing evaluations can lead to unnecessary waiting periods, even after meeting profit goals early.
- **Lack of Customer Protection:** No automatic rejection of trades made outside approved times or exceeding allowed contracts, leading to failures.
- **Customer Service Issues:** Support can be unhelpful at times, with blame often placed on the customer for unclear rules.
- **Limited Web Interface:** No charts or data available on the web interface, which could enhance user experience.

## Frequently asked questions

**What is the difference between the TCP25 and TCP50?**

- TCP25: Starts on a $25,000 account, scales up to $50,000, $100,000, and $200,000 by withdrawing profits.
- TCP50: Starts on a $50,000 account, scales up to $100,000, $200,000, and $400,000 by withdrawing profits.
- TCP25 max scale: $200,000.
- TCP50 max scale: $400,000.

**What is the Withdrawal Policy?**

- Minimum withdrawal: $100 (live and LiveSim® accounts).
- No withdrawal fees over $500.
- One-time $139 activation fee for LiveSim® with non-professional CME status, deducted from first withdrawal.
- Withdrawal methods: Bank Wire, Crypto withdrawal.
- Weekly processing on Tuesdays, requests emailed by 2pm prior Friday.
- $10 fee for withdrawals, waived over $500.
- LiveSim® max withdrawal: $4,000 for Gauntlet Mini™, profit target less 20% for TCP.

**Do you Provide Tech Support for my Platform?**

- No tech support for platforms. Experience sharing and issue assistance provided.

**I have a Problem with Billing, what do I do?**

- Contact: finance@earn2trade.com, support@earn2trade.com, or chat on earn2trade.com.

E8.PNG

E8 Markets

E8 Markets stands out with its offering of **$400,000 in virtual capital, no minimum or maximum trading days, and swift payouts within 10 hours.** 

Their rebranding from E8 Funding to E8 Markets highlights a shift towards a simulated markets company, emphasizing sophisticated trading tools and strategies. 

E8 Markets aims to empower traders with tools and insights, offering a platform that resonates with evolving trader needs.

## Coupon Code Availability and Details

**No coupon codes were available on their website at the moment.** For current promotions, it’s best to keep a lookout on their website.

## About E8 Markets: An Overview

### **Official Company Name:**

**E8 Funding LLC (rebranded as E8 Markets).**

### **Company Address:**

- **Dallas, TX, USA**
- **Prague, Czech Republic**

### **Year of Establishment:**

**2021**

### **Place of Company Registration:**

**United States.**

### **Leadership team:**

**CEO:** Dylan Elchami

## Trading Platforms Offered

E8 Markets offers two main trading platforms:

- **Virtual Markets-demo:** Platform 5
- **MatchTrader-demo:** Match Trader (US clients only)

These platforms provide traders with a variety of tools and features to enhance their trading experience.

## Instruments Available at E8 Markets

**Trading Instruments:**

- **Forex**
- **Commodities**
- **Indexes**
- **Cryptocurrencies**

This wide range of instruments allows traders to diversify their portfolios and capitalize on different market opportunities.

## How to Make Payments at E8 Markets

- **Bank transfers via Plane.com**
- **Various cryptocurrency options through Riseworks.io**

These payment methods offer convenience and security for both deposits and withdrawals.

## Account Sizes at E8 Markets

- $10,000
- $25,000
- $50,000
- $100,000

These account sizes cater to traders with different levels of experience and capital.

## Profit Splits in E8 Markets

Traders can earn up to **100% of their profits**. This structure is highly attractive as it maximizes the earnings potential for traders.

## Profit Targets for E8 Markets

Profit targets range between **4% and 10%.** These targets are designed to be achievable while encouraging disciplined trading practices.

## Maximum Daily Drawdown and Loss Limits

**Not specified.** Traders should manage their risk according to the guidelines provided during the evaluation process.

## Minimum and Maximum Trading Day Requirements

There are no minimum or maximum trading days, allowing traders the flexibility to trade at their own pace.

## Overview of Challenges and General Rules

E8 Markets offers a step-by-step evaluation process where traders can customize or choose predefined programs. 

This process includes demonstrating strategy execution and earning based on performance. 

Successful traders can scale up to **$1,000,000** in virtual funds.

## Challenge Steps

1. **Register:** Sign up and customize an evaluation plan.
2. **Evaluate:** Manage risk and generate profit adhering to trading objectives.
3. **Start Earning:** Access E8 Traders account and earn up to 100% of profits.
4. **Level Up:** Increase account balance with each consecutive withdrawal.

These steps provide a clear path for traders to progress and maximize their earnings.

## Pricing for E8 Markets Challenges

The cost ranges from **$48 to $2243** depending on account balance, step count, platform type, initial balance drawdown, and payout share.

### Fees & Commissions

**No commissions or markups on virtual funds.**

### Refundable Fees?

**Purchases are non-refundable unless not used.**

### Free Trial

**A free trial is available.**

### Payout Frequency

**First payout available after 8 days;** subsequent payouts every 14 days. Typically processed within 10 hours, taking 1-3 business days to receive.

### Leverage

- Major FX pairs: up to 1:50
- Exotics FX pairs: up to 1:50
- Commodities & Indices: up to 1:50
- Crypto: up to 1:5

### Consistency Rule

There are rewards for consistent risk management.

### Commission per Lot

No commissions on virtual funds.

### Customer Support Options and Details

Contact via email, letter, or Live Chat available in the contact section.

### Positive Trust Pilot Reviews

- **Exceptional Customer Service:** Prioritizes clients' interests and provides quick, intelligent, and courteous support.
- **Client-Centric Approach:** Willingness to rectify issues, such as providing a new account after a trade violation.
- **Effective Communication:** Minimal wait times for customer service, with prompt and reliable responses.
- **Trading Conditions:** Best trading conditions, great dashboard, no commissions, and a unique scaling plan.
- **Continuous Improvements:** Regular updates and improvements to models, including payout options and account sizes.

### Negative Trust Pilot Reviews

- **High Overnight Fees:** Significant fees for holding positions overnight with the new broker, making it difficult to break even.
- **Frequent Platform Changes:** Multiple changes in trading platforms within a short period, causing confusion among customers.
- **Wider Spreads:** Larger spreads compared to competitors, affecting profitability, especially for certain trading styles.
- **Execution Issues:** Poor execution and slippage, leading to earlier stop-outs and challenges in passing phases.
- **Lack of Community Interaction:** No Discord channel for traders to discuss and ask questions, potentially limiting transparency.

Darwinex.PNG

Darwinex

Darwinex, established in 2012, is both a broker and an investment manager, regulated by the FCA in the UK and CNMV in the EU. 

It stands out by offering a combination of investor capital allocation, seed capital through its DarwinIA program, and the ability to trade a wide range of financial instruments. 

The company’s unique ecosystem allows traders to attract investment based on their certified track records. 

Darwinex provides access to top trading platforms, including MetaTrader 4 and MetaTrader 5, and offers a variety of trading instruments such as forex, CFDs, commodities, and indices.

## Coupon Code Availability and Details

No coupon codes or promotional discounts were mentioned.

## Official Company Name

**Tradeslide Trading Tech Limited** (trading as Darwinex)

## Company Address

**Level 39, 1 Canada Square, Canary Wharf, London E14 5AB, UK**

## Year of Establishment

**2012**

## Place of Company Registration

**United Kingdom (regulated by the FCA) and EU (regulated by the CNMV).**

## Company Owners

**Not specified.**

## Trading Platforms Offered

- MetaTrader 4 (MT4)
- MetaTrader 5 (MT5)
- WebTrader
- NinjaTrader
- IB Gateway
- MultiCharts
- Trader Workstation (TWS)
- Zorro IB bridge

## Trading Instruments Available

- Forex (40+ currency pairs)
- CFDs (260+ including Gold, Silver, Stocks, Stock Indices, Oil, Other Commodities, Futures, ETFs)
- Cryptocurrencies (5+ including Bitcoin)

## Payment Methods Available

- Bank Wire (BankTransfer/SWIFT)
- VISA
- MasterCard
- Skrill
- UnionPay

## Range of Account Sizes Offered

- Minimum to Open Live: $500
- Darwinex Zero: €38 per month for a risk-free virtual trading account

## Profit Split Structure

Traders earn a 15% performance fee on profits generated from both seed and investor capital. Under the asset manager license, traders can charge a 20% performance fee on a High-Water Mark (HWM) basis.

## Profit Targets for Each Challenge Phase

Not specified.

## Maximum Daily and Total Loss Limits

Not specified.

## Minimum and Maximum Trading Day Requirements

Not specified.

## Overview of Challenges and General Rules

- DarwinIA: Monthly allocation of notional 4,500,000 EUR to top traders. The program starts at DarwinIA SILVER level, where approximately 15% of participants receive an allocation each month, progressing to DarwinIA GOLD with potential management of up to 3 million.
- Investors can invest in trader strategies, paying a 15% fee on generated profits.

## Challenge Steps

1. Trade and build a track record.
2. Receive seed capital through DarwinIA.
3. Attract investor capital.
4. Option to upgrade to Darwinex Pro for a Hedge Fund as a Service.

## Pricing/Costs to Start Challenges

- Darwinex Zero: €38 per month

## Fees & Commissions

- Deposit Fee: None
- Withdrawal Fee: None
- Inactivity Fee: Yes

## Refundable Fees Details

Not specified.

## Free Trial Availability and Details

Darwinex Zero offers a risk-free virtual trading account for €38 per month, allowing traders to build a track record without risking capital.

## Payout Frequency

Not specified.

## Leverage

- 1:30 for major currency pairs
- 1:20 for minor currency pairs
- 1:10 for commodities

## Consistency Rule

Not specified.

## Commission per Lot

Not specified.

## Customer Support Options and Details

- Email: info@darwinex.com
- Phone: +44 20 3769 1554, +34 910 610 060
- Support available Monday to Thursday, 8:00 AM to 7:00 PM UTC, and Friday, 8:00 AM to 5:00 PM UTC. Hours vary in August, local holidays, and the last week of December.
- Emergency contact for live issues and whistleblowing channel available.

## Additional Details

### Broker Details

- Minimum Trade Size: 0.01
- Maximum Leverage: 30:1
- Regulators: CNMV #311, FCA #FRN 586466
- Prohibited Countries: Not specified.

### Trading Conditions

- EAs/Robots: Yes
- News Trading: Yes
- Scalping: Yes
- Managed Accounts & Social Trading: Yes

### Trading Platforms and Conditions

- Web Trading: Yes
- Mobile Trading: Yes

### Deposits and Withdrawals

- Deposits: Bank wire, credit cards, e-wallets, UnionPay
- Withdrawals: Bank wire (no fee), card or Skrill transfer (2$ fee)

### Educational Resources

- Limited educational resources; recommend brokers like XM and Trading 212 for better educational materials.

### Conclusion

Darwinex offers a comprehensive trading and investment management platform, regulated by top-tier authorities, providing a safe and transparent trading experience. 

It is suitable for experienced traders who run scalping, hedging, EAs trading, and copy trading through popular platforms like MT4 and MT5.

Crypto Fund Trader.PNG

Crypto Fund Trader

Crypto Fund Trader is an evaluation services firm allowing traders to trade various financial instruments, including cryptocurrencies, forex, indices, commodities, and stocks using virtual funds. 

The firm focuses on assessing traders' abilities and providing support for professional development. 

Successful participants can gain access to up to $200,000 in virtual funds and receive 80% of the profits earned.

## About Crypto Fund Trader

### Official company name:

SWISS RLCRATES AG

### Company address:

Bahnhofstrasse 21, 6300, Zug, Switzerland

### Year of establishment:

November 2022

### Place of company registration:

Switzerland

### Company owners:

CEO: Alan Sanchez

## Trading Platforms

Crypto Fund Trader offers two main trading platforms:

- **CFT Platform:** This platform is exclusive to Crypto Fund Trader and is tailored to meet the needs of its users.
- **Meta Trader 5:** Widely recognized in the trading community, Meta Trader 5 is available, although US clients can only use the CFT Platform.

## Instruments Available at Crypto Fund Trader

**CFT Platform:**

- 46 Cryptocurrencies
- 45 Forex pairs
- 38 Indices
- 22 Commodities
- 250+ Stocks

**MetaTrader 5:**

- 39 Forex pairs
- 23 Indices
- 18 Commodities
- 25 Stocks

This variety ensures that traders have a broad range of assets to choose from, allowing for diversification and multiple trading strategies.

## How to Make Payments at Crypto Fund Trader

**Payment Methods:**

- Credit cards
- Cryptocurrencies (11 different ones)

These payment options provide flexibility and ease for traders to deposit and withdraw funds.

## Account Sizes at Crypto Fund Trader

**Range of Account Sizes Offered:**

- **Student:** $5k, $10k, $25k
- **Advanced:** $50k, $100k, $200k

These account sizes cater to both beginner and advanced traders, offering suitable options for different experience levels and risk appetites.

## Profit Splits in Crypto Fund Trader

**Profit Split Structure:**
Traders keep 80% of their profits, while Crypto Fund Trader retains 20%. This generous split incentivizes traders to perform well and aligns their interests with the firm.

## Profit Targets for Crypto Fund Trader

**Profit Targets:**

- **1 Phase:**
    - Profit target: 10%
- **2 Phases:**
    - Phase 1 target: 8%
    - Phase 2 target: 5%

These targets are set to ensure traders demonstrate their capability to generate consistent profits.

## Maximum Daily Drawdown and Loss Limits

**Drawdown Limits:**

- **1 Phase:**
    - Max Daily Loss Limit: 4%
    - Max Trailing Loss: 6%
- **2 Phases:**
    - Max Daily Loss Limit: 5%
    - Max Loss Limit: 10%

These limits are crucial for managing risk and maintaining trading discipline.

## Minimum and Maximum Trading Day Requirements

**Trading Day Requirements:**

- Minimum days traded: 5 (applies to both 1 Phase and 2 Phases)

This requirement ensures that traders engage in the market over a sufficient period to prove their skills.

## Overview of Challenges and General Rules

Crypto Fund Trader offers an evaluation process with one or two phases to assess traders' abilities. Upon successful completion, traders can trade with up to $200,000 in virtual funds and receive 80% of profits. The firm provides high leverage, low trading fees, and no trading restrictions, making it an attractive option for serious traders.

## Challenge Steps

**Challenge Steps:**

- **1 Phase:**
    - Profit target: 10%
    - Max Daily Loss Limit: 4%
    - Max Trailing Loss: 6%
- **2 Phases:**
    - Phase 1 target: 8%
    - Phase 2 target: 5%
    - Max Daily Loss Limit: 5%
    - Max Loss Limit: 10%

These structured steps provide clear goals for traders to achieve in order to qualify for a funded account.

## Pricing for Crypto Fund Trader Challenges

**Pricing/Costs to Start Challenges:**

- **One-time Fees:**
    - $5k: $60
    - $10k: $115
    - $25k: $250
    - $50k: $380
    - $100k: $625
    - $200k: $1199
- **Two Phases:**
    - $5k: $55
    - $10k: $105
    - $25k: $230
    - $50k: $345
    - $100k: $570
    - $200k: $1097

### Fees & commissions:

- Forex: $1.5 per lot per side
- Commodities: 0.0005% per side
- Indices: $0 per lot
- Crypto: 0.025% per side
- Stocks: 0.002% per side

### Refundable fees details:

- You may request a withdrawal within 14 days without giving a reason.
- Refunds are not available if a position has been opened on the demo account before the 14-day period expires.
- Refunds are processed via the original payment platform within 14 days.
- Refunds are not available during the resolution of a claim.

### Free trial availability and details:

No free trial available.

### Payout Frequency

**Funded traders can request payouts via Bank Transfer or Cryptocurrencies.** 

This provides flexibility in how traders can receive their earnings, catering to personal preferences and convenience.

## Leverage

**Crypto Fund Trader offers leverage up to 1:100 for all instruments.** 

This high leverage allows traders to maximize their trading potential and take advantage of market opportunities with a smaller initial capital investment.

## Consistency Rule

Not mentioned.

## Commission per Lot

For Forex trading, the commission is **$1.5 per lot per side.** This competitive commission structure helps keep trading costs low, benefiting traders and enhancing their overall profitability.

### Customer support options and details:

Contact via email: **support@cryptofundtrader.com**

### Positive Trust Pilot reviews:

- **Wide Range of Cryptos:** Offers a large selection of cryptocurrencies for trading.
- **Fast Payouts:** Payouts are processed quickly, often within 24 hours.
- **Reliability:** Consistent and reliable service, with multiple successful withdrawals reported by users.
- **Low Commission:** Forex trading with a low commission rate of $3 per lot.
- **Low Ping Server:** UK-based server for MT5, providing low latency for traders.

### Negative Trust Pilot reviews:

- **Design Issues:** The platform's design could be improved for a better visual experience.
- **Fixed Leverage:** Inability to adjust leverage, with a fixed 1:100 leverage that may be steep for trading volatile altcoins.
- **Withdrawal Issues:** Reports of denied withdrawals due to account-related issues, such as multiple accounts from the same IP address.
- **Unclear Rules:** Confusion over trading rules, particularly around what constitutes hedging, leading to payment refusals.
- **Limited Information:** Lack of upfront communication about specific trading restrictions, causing potential misunderstandings.

### Frequently asked questions:

- **What is the Crypto Fund Trader account?**
    - It provides up to $200,000 of virtual funds to traders who pass the evaluations and offers an 80% profit share.
- **What about the evaluation?**
    - It tests the trader's ability, leading to an 80% profit share upon passing.
- **What payment methods are available?**
    - Credit cards and cryptocurrencies (11 different ones).
- **Which countries are allowed to join Crypto Fund Trader?**
    - All traders except US persons on MetaTrader 5 platform, provided they are over 18 years old.

Ascend.PNG

Ascendx Capital

Ascendx Capital offers a unique prop trading experience with exceptional trading conditions, including funding up to $200,000 and a 90% profit share on earnings. 

The firm distinguishes itself with flexible trading options, unlimited trading days, low profit targets, fast payouts, and a comprehensive trading dashboard. 

Traders can participate in monthly competitions and trade without restrictions using any strategy or trading through news events. 

Ascendx Capital also emphasizes low commissions and spreads, enhancing the trading experience.

## About Ascendx Capital

### Official company name:

Ascendx Capital LTD

### Company address:

77 Marsh Wall, London E14 9SH, UK, England E14 9SH, United Kingdom

### Year of establishment:

Not specified.

### Place of company registration:

United Kingdom

### Company owners:

Scott

### Trading platforms offered:

cTrader

## Trading instruments available:

- FX (Forex)
- Commodities
- Indices
- Cryptocurrencies

## Payment methods available:

- Bank wire transfer via Wise
- Cryptocurrencies: BTC, USDC, ETH, XRP

## Range of account sizes offered:

- $10,000
- $25,000
- $50,000
- $100,000
- $200,000

## Profit split structure:

90% profit share on earnings.

## Profit targets for each challenge phase:

- Phase 1: 7%
- Phase 2: 5%

## Maximum daily and total loss limits:

- Max Drawdown: 10%
- Max Daily Drawdown: 4%

## Minimum and maximum trading day requirements:

- Minimum trading days: 2
- No maximum trading days

## Overview of challenges and general rules:

- Up to 1:100 leverage for every phase
- Unlimited trading days
- Profit share: 90% for a funded approved account
- News trading allowed
- Hold over weekend allowed
- Use of EAs allowed

## Challenge steps:

- Phase 1: Minimum 3 days trading, 7% profit target
- Phase 2: 5% profit target

## Pricing/costs to start challenges:

- $200,000 account: $1080
- $100,000 account: $588
- $50,000 account: $354
- $25,000 account: $230
- $10,000 account: $114

## Fees & commissions:

- Commissions: $5/round lot for all phases and when funded

## Refundable fees details:

Fees on challenges will be refunded upon successfully passing both stages of the evaluation and maintaining the account until your first payout is eligible.

## Free trial availability and details:

Free trial doesn't exist.

## Payout frequency:

Payouts can be requested every 2 weeks.

## Leverage:

Up to 1:100 leverage for every phase.

## Consistency rule:

Not specified.

## Commission per lot:

$5/round lot.

## Customer support options and details:

- 24x7 Support Center
- Phone: (+44) 020 3838 2093
- Email: [info@ascendxcapital.com](mailto:info@ascendxcapital.com)

## Positive Trust Pilot reviews:

Advantages & Disadvantages (according to Trustpilot)

**Advantages:**

- Exceptional Customer Service: Quick responses to queries, available 24/7 on Discord, resolving issues efficiently.
- Transparency: CEOs actively communicate with traders, including video updates and transparent balance sheets for payouts.
- Fast Payouts: Same-day payouts with a favorable 90-10 profit share split.
- Zero Slippage: Maintains a trading environment with near-zero slippage, even during high-volatility events.
- Professionalism: High level of professionalism, with friendly and active CEOs fostering trust and community engagement.

**Disadvantages:**

- Slow Onboarding Process: KYC and contract signing take up to a week, leading to delayed payouts.
- Low Leverage: Limited leverage on Gold, restricting the maximum lot size on accounts.
- High Spreads: Notably high spreads on Gold during certain trading sessions, compounded by additional commissions.
- Delayed Account Setup: Significant delays in setting up MT5 accounts, with poor communication and support response.
- Frequent Migrations: Ongoing migrations to different servers/brokers disrupt trading, especially for swing traders.

## Negative Trust Pilot reviews:

Included in disadvantages.

## Frequently asked questions:

- Can trade through high impact news on qualified accounts.
- Leverage offered is up to 100:1.
- No maximum lot size limits during the challenge phase; specific limits apply to qualified accounts.
- Prohibited trading strategies include arbitrage, latency trading, high-frequency trading, reverse trading, and group hedging.
- Emphasizes policy against "all or nothing" trading strategies.
- Time period for evaluation accounts has no specified time limits.
- Performance fees can be received via bank wire transfer or cryptocurrencies.
- No free retries due to unlimited trading days.

## Disclaimer:

Ascendx Capital provides simulated assessment accounts, not real funds. It is not affiliated with AscendEX Crypto exchange or any other company with a similar name.

Apex.PNG

Apex Trader Funding

Apex Trader Funding (ATF) offers unique benefits, including allowing traders to trade full-sized contracts, providing no daily drawdowns, and enabling trading during holidays and news. 

The company emphasizes a one-step evaluation process and a global reach, with a strong community in over 150 countries.

**Website URL:** [Apex Trader Funding](https://apextraderfunding.com/)

**Official company name:** Apex Trader Funding Inc.

**Company address:** 2028 E. Ben White Blvd Ste 240 -9873, Austin, TX 78741

**Year of establishment:** 2021

**Place of company registration:** USA

**Company owners:** CEO - Darrell Martin

**Trading platforms offered:** Rithmic, TradingView, Tradovate, NinjaTrader, Browser, Mobile, Mac

**Trading instruments available:**

- Equity Futures
- Interest Futures
- Currency Futures
- Agricultural Futures
- Energy Futures
- Metal Futures
- Micro Futures
- Cryptocurrencies
- EUREX
- ICE

**Payment methods available:** ACH payments to U.S. bank accounts, international options for non-U.S. traders.

**Range of account sizes offered:**

- 25K FULL: $25,000 start, $167/month
- 50K FULL: $50,000 start, $187/month
- 75K FULL: $75,000 start, $207/month
- 100K FULL: $100,000 start, $227/month
- 150K FULL: $150,000 start, $317/month
- 250K FULL: $250,000 start, $537/month
- 300K FULL: $300,000 start, $677/month
- 100K STATIC: $100,000 start, $157/month
- Evaluation Resets: $100/reset

**Profit split structure:** 100% of the first $25,000 per account, then 90% thereafter.

**Profit targets for each challenge phase:**

- 25K FULL: $1,500 profit goal
- 50K FULL: $3,000 profit goal
- 75K FULL: $4,250 profit goal
- 100K FULL: $6,000 profit goal
- 150K FULL: $9,000 profit goal
- 250K FULL: $15,000 profit goal
- 300K FULL: $20,000 profit goal
- 100K STATIC: $2,000 profit goal

**Maximum daily and total loss limits:** No daily drawdowns, trailing thresholds vary per account size.

**Minimum and maximum trading day requirements:** Minimum of 7 trading days, no maximum.

**Overview of challenges and general rules:** One-step evaluation, no daily drawdowns, trade any strategy, real-time data included, multiple accounts allowed, least expensive reset fee, global availability.

**Challenge steps:** One evaluation step with 7 trading days, hit the profit target before max drawdown.

**Pricing/costs to start challenges:** Detailed under "Range of account sizes offered."

**Fees & commissions:** Monthly fees per account size, evaluation reset fee of $100.

**Refundable fees details:** There are NO REFUNDS in whole or in part for any purchase made through the website. No refunds on renewals, resets, PA Fees, data fees, extra session login fees, platform errors, data errors, stuck orders, other technology errors, or for purchasing the wrong account type or plan.

**Free trial availability and details:** Not specified.

**Payout frequency:** Two payouts per month.

**Leverage:** Not specified.

**Consistency rule:** Trade your normal strategy, no additional consistency rules.

**Commission per lot:** Not specified.

**Customer support options and details:** 24/7 help desk support, contact number: 1-855-273-9873 (CST, M-F 9 am to 5 pm).

## Advantages & Disadvantages

(per TrustPilot)

## Advantages

- **Partnership and Fairness:** Apex treats customers like partners and maintains fairness during technical issues.
- **Effective Platform:** The platform offers advanced tools, real-time data, and a user-friendly interface.
- **Supportive Community:** The support team is helpful, and the active community enhances the trading experience.
- **Quick Processing:** Extremely fast withdrawal process, often ahead of schedule.
- **Account Flexibility:** Ability to buy and manage up to 20 accounts, catering to both new and experienced traders.

## Disadvantages

- **Customer Service Issues:** Lack of live customer service agents and reliance on a virtual assistant.
- **Slow Response Times:** Queries often go unanswered for days and are dismissed without thorough investigation.
- **Payment Difficulties:** Problems with making payments to go live after meeting account qualifications.
- **Server Problems:** Frequent server issues with no accountability from the company.
- **Payout Concerns:** Denied payouts without clear reasons and poor support response.

## **Frequently asked questions:**

Age requirement: 18 years or older.

Sundays and holidays count as trading days.

Difference between Static and Full accounts: Static accounts do not trail the trailing threshold.

Sign-up flexibility: Yes, can start 10 days later.

Evaluation duration: Minimum 7 trading days, no maximum.

NinjaTrader license: Provided, but personal key can be used.

Profit target time limit: No maximum, resets allowed.

Professional vs. Non-Professional: Non-Professional data fees included, additional fees for Professional.

Margin Call: Not applicable to traders.

Profit goal net of commissions: Yes, includes all costs.

GFT.PNG

Goat Funded Trader

GOAT Funded Trader offers a distinctive feature in its sector by providing traders with the flexibility of initiating profit withdrawals as early as three trading days after the first trade. 

They offer both 1-step and 2-step challenge options, with the latter including variations like GOAT and Classic that impact leverage and drawdown limits. 

The trading platforms include Match Trader and MT4 (PC). 

Additionally, they boast no consistency rules, zero commission on indices and Crypto CFDs, and raw spreads starting from 0.0 pips.

## About Goat Funded Trader

### Legal Company name:

**Wishes Tower International SL**

### Company address:

**Calle Perez Galdos 32, 35002, Las Palmas, Spain**

### Year of establishment:

**May 2023**

### Place of company registration:

**Spain**

### Company owners:

**CEO: Edoardo Dalla Torre**

## Trading platforms offered:

- Match Trader
- MT4 (PC)

## Trading instruments available:

- Forex
- Commodities
- Indices
- Equities
- Crypto

## Payment methods available:

- Credit/Debit Card
- Crypto

## Range of account sizes offered:

- 5k, 8k, 15k, 25k, 50k, 100k, 200k, and 400k accounts **for 2 Steps No Time Limit or 2 Steps Classic Evaluation**
- 8k, 15k, 25k, 50k, 100k, and 150k accounts **for Goat 2 Steps Evaluation**
- 15k, 25k, 50k, 100k, and 200k accounts **for One Step Evaluation**

## Profit split structure:

- Up to 95% profit split after passing both steps of the challenge

## Profit targets for each challenge phase:

**1-step challenges:**

- Target profit: 10%

**2-step challenges:**

- GOAT option: 8% (Step 1), 6% (Step 2)
- No Time Limit option: 8% (Step 1), 5% (Step 2)
- Classic option: 6% (Step 1 and 2)

## Maximum daily and total loss limits:

**1-step challenges:**

- Daily drawdown: 4%
- Maximum drawdown: 6%

**2-step challenges:**

- GOAT option: Daily drawdown: 4%, Maximum drawdown: 10%
- No Time Limit option: Daily drawdown: 5%, Maximum drawdown: 8%
- Classic option: Daily drawdown: 3%, Maximum drawdown: 8%

## Minimum and maximum trading day requirements:

**1-step challenges:**

- Minimum trading days: 0

**2-step challenges:**

- GOAT option: Minimum trading days: 0
- No Time Limit option: Minimum trading days: 0
- Classic option: Minimum trading days: 0

## Overview of challenges and general rules:

GOAT Funded Trader offers multiple challenge options including 1-step and 2-step challenges with various evaluation types that affect leverage, drawdown limits, and profit targets. 

The challenges do not have a time limit, allowing traders flexibility in their evaluation process.

## Challenge steps:

**1-step challenges:** No time limit, 10% profit target.
**2-step challenges:**

- GOAT option: 8% profit target (Step 1), 6% (Step 2)
- No Time Limit option: 8% profit target (Step 1), 5% (Step 2)
- Classic option: 6% profit target (Step 1 and 2)

## Pricing/costs to start challenges:

- 15k: $170
- 25k: $230
- 50k: $339
- 100K: $590
- 200K: $1050

## Fees & commissions:

- $0 commission on cryptocurrencies and indices
- $5 per lot for commodities, forex, and metals

## Refundable fees details:

Eligible for a **120% refund** **on the third payout** if all challenge requirements and profit targets are met in the initial attempt.

## Payout frequency:

On demand after the first three trading days with a minimum of 3% profit on the account size balance.

## Leverage:

**Classic and No Time Limit Evaluations:**

- Forex, Metals, Oils: 1:100
- Gold: 1:80
- Indices and Commodities: 1:20
- Crypto: 1:2

**One Step Evaluations:**

- Forex, Metals, Oils: 1:30
- Gold: 1:30
- Indices and Commodities: 1:20
- Crypto: 1:2

## Consistency rule:

No consistency rule

## Commission per lot:

- $0 per lot for cryptocurrencies and indices
- $5 per lot for commodities, forex, and metals

## Customer support options and details:

- Email: support@goatfundedtrader.com
- Phone: +18556072069

## Trustpilot Reviews:

### Positive

(large number of positive reviews)

- **Affordable and Accessible:** The platform offers a funded account at a low cost, making it accessible even to traders from poorer countries. The rules are easy to follow, providing an opportunity for traders to start with minimal investment.
- **Successful Giveaways:** The firm runs successful giveaways, allowing traders to win challenge accounts and benefit from an excellent trading experience.
- **Reliable and Committed:** The firm has demonstrated reliability and commitment to traders' success, earning the trust of skeptical users.
- **Quick Support and Competitive Spreads:** The support response time is quick, and the firm offers competitive spreads and swap rates, enhancing the trading experience.
- **Timely Processing and Flexible Rules:** Challenge payments and login details are processed swiftly, with additional incentives like a free month of MTJ. The firm is known for its lack of unnecessary rules and offers second chances to traders, making it user-friendly.

### Negative

(small number of negative review)

- **Login Issues:** Some users experienced problems with logging in, such as getting stuck at the QR code access page, causing frustration and delays.
- **Unclear Trading Conditions:** There are complaints about strange conditions like balance counting from the previous day, leading to unexpected account deletions.
- **Swing Trading Restrictions:** The firm has rules that make swing trading difficult, such as breaching accounts if trades hit TP or SL during red folder news events, even if the trades were placed days before.
- **Platform and Support Issues:** Users reported problems with the trading platform, such as difficulty judging candle lengths and a lack of essential features like applying TP/SL. Additionally, there have been delays in receiving responses from customer support.
- **Migration Problems:** During the migration process, users experienced changes in account balances and profit shares, along with the inability to apply TP/SL, negatively impacting their trading experience.

## Frequently asked questions:

**Is GoatFundedTrader a broker?**
No, they offer simulated funded demo accounts after a one or two-step evaluation process.

**What evaluation plans are offered?**
5k, 8k, 15k, 25k, 50k, 100k, 200k, and 400k accounts for 2 Steps No Time Limit or 2 Steps Classic Evaluation; 8k, 15k, 25k, 50k, 100k, and 150k accounts for Goat 2 Steps Evaluation; 15k, 25k, 50k, 100k, and 200k accounts for One Step Evaluation.

**Can I trade news?**
No, trading on news is not allowed.

**Can I use Expert Advisors (EAs)?**
Yes, as long as they comply with the prohibited trading practices rule. High-frequency trading (HFT) strategies and Gold Arbitrage EA are not allowed.

**How is account inactivity calculated?**
Accounts inactive for 45 calendar days will be breached. If no login for 30 days, the account will be deleted.

**What is a GoatFundedTrader simulated funded account?**
It's a simulated account mimicking real market data, used for educational trading evaluations with potential compensation for successful strategies.

**What instruments can be traded?**
FX pairs and CFD indices, metals, commodities, equities, and cryptocurrencies.

**Which countries are not allowed to apply?**
Russia, Cuba, Sudan, Somalia, Iran, Lebanon, Syria, North Korea, Libya, Vietnam.

**What is the account leverage?**
Varies by evaluation type and instrument (detailed above).

**Is there a refund for the account purchase fee?**
Yes, eligible for a 120% refund on the third payout if challenge requirements and profit targets are met initially.

**How to receive a profit split up to 95%?**
Achieve at least 4% profit every month for 4 months in a row and request approval from the support team.

**Can I request a free retry?**
Yes, if you run out of time on Phase One while in profit.

**Who is the technological Partner?**
Match-Trade and Metatrader

**What Payment methods are accepted?**
Credit/Debit Card and Crypto

Lark Funding.PNG

Lark Funding

Lark Funding stands out in the trading sector by offering flexible evaluation programs with no time limits and low-profit targets. 

Unique features include the Pass Assist Feature, weekly payouts, and the Gain Protector. 

Lark Funding also provides 24/7 customer support with real people and boasts industry-leading transparency and quick payout processing.

### Legal Company Name

**Lark Funding Inc.**

### Company Address

**3 Place Ville-Marie, Montréal, QC H3B 4W8**

### Year of Establishment

**June 1, 2022**

### Place of Company Registration

**Canada**

### Company Owners

**CEO: Matt L**

### Trading Platforms Offered

**DXtrade, cTrader**

### Trading Instruments Available

- **Forex**: Over 40 major and minor pairs
- **Commodities**: Gold, Silver, Oil
- **Indices**: Major global indices
- **Cryptocurrencies**: Major crypto assets

### Payment Methods Available

**Wise, Riseworks**

### Range of Account Sizes Offered

- **$5,000**
- **$10,000**
- **$25,000**
- **$50,000**
- **$100,000**
- **$200,000**

### Profit Split Structure

- **Standard**: 80:20
- **Optional Upgrade**: 90:10

### Profit Targets for Each Challenge Phase

### 1-Stage Evaluation

- **Profit Target**: 10%
- **Max Drawdown**: 6%
- **Daily Drawdown**: 5%

### 2-Stage Evaluation

- **Profit Target**: 8% (first phase), 5% (second phase)
- **Max Static Drawdown**: 10%
- **Daily Drawdown**: 5%

### 3-Stage Evaluation

- **Profit Target**: 5% (first phase), 4% (second phase), 3% (third phase)
- **Max Static Drawdown**: 5%

### Maximum Daily and Total Loss Limits

### 1-Stage Evaluation

- **Daily Drawdown**: 5%
- **Max Drawdown**: 6%

### 2-Stage Evaluation

- **Daily Drawdown**: 5%
- **Max Static Drawdown**: 10%

### 3-Stage Evaluation

- **No Daily Drawdown**
- **Max Static Drawdown**: 5%

### Minimum and Maximum Trading Day Requirements

**No time limit for any evaluation stage**

### Overview of Challenges and General Rules

Lark Funding offers 1-stage, 2-stage, and 3-stage evaluation programs with various account sizes. The main rules include profit targets, drawdown limits, and leverage options. The evaluations are designed to be flexible with no time limits.

### Challenge Steps

1. **1-Stage Evaluation**: Meet the profit target and drawdown rules.
2. **2-Stage Evaluation**: Two phases with different profit targets and drawdown limits.
3. **3-Stage Evaluation**: Three phases with progressively lower profit targets.

### Pricing/Costs to Start Challenges

- **1-Stage & 2-Stage Evaluations**:
    - $75 for $5k
    - $125 for $10k
    - $225 for $25k
    - $325 for $50k
    - $525 for $100k
    - $1,000 for $200k
- **3-Stage Evaluation**:
    - $60 for $5k
    - $105 for $10k
    - $175 for $25k
    - $240 for $50k
    - $370 for $100k
    - $700 for $200k

### Fees & Commissions

- **Forex**: $7 roundtrip per standard lot
- **Commodities, Indices, Crypto**: Zero commissions

### Refundable Fees Details

**The challenge fee is not refundable.**

### Free Trial Availability and Details

**No free trials, but free monthly competitions are available.**

### Payout Frequency

- **Weekly payouts**: 3-Stage Program
- **14-day payouts**: 1-Stage and 2-Stage Programs

### Leverage

**Simulated leverage: 1:15 (upgrade available)**

### Consistency Rule

**No specific consistency rule mentioned.**

### Commission Per Lot

**$7 roundtrip per standard lot for Forex**

### Customer Support Options and Details

**24/7 support with real people available via email at support@larkfunding.com**

## Trustpilot Reviews

### Positive

- **CEO's Engagement:** The CEO, Matt, is highly praised for his involvement and understanding of traders' needs. His active presence on Discord and transparency are appreciated by the trading community.
- **Excellent Customer Support:** The customer support is considered the best in the industry, with quick, efficient, and helpful responses. The support team's dedication sets Lark Funding apart from other prop firms.
- **User-Friendly Platform:** The new platform, Gooey Trade, is well-regarded, especially with its TradingView integration, making it a preferred choice over MT5. Low spreads and no commissions on most instruments further enhance the trading experience.
- **No Time Limit Feature:** The absence of a time limit for passing challenges is highly valued, providing flexibility for traders who may take longer to meet the requirements.
- **Smooth Funding Process:** The process from the initial phase to getting funded is described as smooth and efficient, with excellent support throughout, making it a recommended choice for new and experienced traders alike.

### Negative

- **Martingale Strategy Concerns:** Some users are dissatisfied with the automatic application of the Martingale strategy on open trades, as it can easily breach accounts. They suggest it should only apply to closed trades.
- **Lack of Scaling Plan and Account Merging:** The absence of a scaling plan and the inability to merge accounts are noted as significant drawbacks, limiting growth opportunities for traders.
- **Need for More Support Staff:** There are calls for recruiting more support staff to better handle traders' doubts and issues more efficiently.
- **Limited Account Sizes:** Users have requested smaller account sizes to be made available, indicating a need for more flexible trading options.
- **Unmet Expectations and Poor Communication:** Some traders reported being reimbursed for challenges they passed due to not meeting the company's "expectations," with little explanation provided. This lack of clarity and follow-through on promised support has led to frustration and disappointment.

### Frequently Asked Questions

1. **EAs and Trade Copiers**: Allowed
2. **Free Trials**: Not available, but free monthly competitions are offered.
3. **One-Time Fee**: Yes, no recurrent charges.
4. **Tradable Assets**: FX, Commodities, Indices, Crypto
5. **Weekend Positions**: Can hold for an extra 10% of the challenge fee.

MP.PNG

MP Funds

MPFunds positions itself as a modern proprietary trading firm based in Asia, emphasizing flexibility and profitability for its traders. 

The firm offers a two-phase challenge with scalable simulated trading capital and a competitive profit split. 

Unique aspects include a variety of trading instruments, differentiated account types (Standard and Swing), and a notable emphasis on leveraging trader discipline and consistency. 

The firm also provides a membership program that offers additional rewards and benefits.

### Legal Company Name

**MYPOCKET FUNDS PTE. LTD**

### Company Address

**1 Paya Lebar Link #04-01 Paya Lebar Quarter, Singapore (408533)**

### Year of Establishment

**September 2022**

### Place of Company Registration

**Singapore**

### Company Owners

**CEO: Dean Wong**

### Trading Platforms Offered

**cTrader and MetaTrader 5 (MT5)**

### Trading Instruments Available

- **Forex pairs**
- **Metals**
- **Indices CFDs**
- **Energies**

### Payment Methods Available

- **Debit and Credit Cards (via Stripe)**

### Range of Account Sizes Offered

- **$10,000: $108**
- **$25,000: $198**
- **$50,000: $298**
- **$100,000: $550**
- **$200,000: $1,100**

### Profit Split Structure

**80% of profits**

### Profit Targets for Each Challenge Phase

- **Phase 1: 8%**
- **Phase 2: 4%**
- **Approved Account: N/A**

### Maximum Daily and Total Loss Limits

- **Daily Loss: 5%**
- **Total Loss: 10%**

### Minimum and Maximum Trading Day Requirements

- **Minimum Trading Days: 5 days**
- **Maximum Trading Days: N/A**

### Overview of Challenges and General Rules

MPFunds offers Standard and Swing challenges with different leverage and trading conditions. Both challenge types have the same pricing and profit targets but differ in their leverage ratios and restrictions on news trading and weekend holding. 

The trading period is unlimited for both phases and approved accounts.

### Challenge Steps

1. **Phase 1: Achieve 8% profit target within unlimited time**
2. **Phase 2: Achieve 4% profit target within unlimited time**
3. **Approved Account: Continue trading with no profit target**

### Pricing/Costs to Start Challenges

- **$108 to $1,100 depending on account size**

### Fees & Commissions

- **Commission: $3 per round lot for all markets**

### Refundable Fees Details

**Registration fees are refundable upon the first profit withdrawal**

### Free Trial Availability and Details

**No free trial accounts are offered**

### Payout Frequency

**Every 7 business days**

### Leverage

- **Standard Accounts: Up to 1:100**
- **Swing Accounts: Up to 1:30**

### Consistency Rule

**Focus on disciplined and consistent trading, with specific rules against exploiting platform inefficiencies**

### Commission per Lot

**$3 per round lot**

## Trustpilot Reviews

### Positive

(Majority of the reviews are positive)

- **Professional and Reliable:** MPFunds is praised for delivering on their claims with a professional approach. Improvements in payout speed, market conditions, minimal slippage, and server reliability contribute to high satisfaction.
- **Successful Grand Opening Event:** The grand opening event in Thailand exceeded expectations with good management, valuable knowledge sharing, and numerous rewards, including a monetary reward for attendees.
- **Smooth Payout Process:** Users report receiving their payouts smoothly and without issues. The payout process is efficient, and there are no hidden rules beyond those stated on their website.
- **Excellent Customer Service:** The firm provides excellent customer service, with specific mentions of helpful representatives like Hasnain. Issues are resolved promptly, ensuring traders feel supported.
- **Trusted and Strict Protocols:** Based in Singapore, MPFunds is trusted by traders for its strict protocols and high standards. The easy-to-use application and dashboard add to the positive trading experience.

### Negative

(No real negative reviews)

- **Platform Limitations:** While IC Markets cTrader is provided, some traders prefer MT4/5 for features like copy trading and expert advisors, which cTrader does not support.
- **Swing Account Restrictions:** The leverage for Swing Accounts is limited to 1:30 with a maximum lot size of 50. This limitation poses challenges for traders with larger accounts and smaller stop-loss sizes, resulting in frequent margin calls.
- **Slippage Issues:** Traders have experienced significant slippage with the cTrader platform, affecting their entry and exit points and overall trading performance.

### Frequently Asked Questions

**Summarized:**

- **MPFunds provides a simulated trading capital program with a profit-sharing scheme**
- **Located in Singapore, not required to be regulated by MAS**
- **Does not offer free trials or crypto trading**
- **Minimum trading days calculated based on when a trade is opened**
- **Prohibited strategies include platform inefficiency exploitation and certain types of hedging and account management services**
- **Partners with a regulated 3rd-party liquidity provider for trade execution**

AquaFunded.PNG

AquaFunded

Aqua Funded FZCO, established in December 2023 and headquartered in Dubai Silicon Oasis, **Dubai**, UAE, stands as a promising prop trading firm.

With founders Jason Blax, Franco Crean, and Sean Bainton at the helm, the firm offers a range of trading challenges ($10,000 to $200,000) tailored for different trader competencies.

**These challenges come in both 1-step and 2-step formats, boasting a high-profit split of 90% and leveraging at 1:100.**

Notably, Aqua Funded FZCO does not charge commission per lot and provides the popular MT5 trading platform, enhancing the trading experience.

For more, read ahead!

## **Aqua Funded Prop Firm Coupon Code**

At present, there is no information on a specific coupon code for Aqua Funded FZCO. Keep an eye on updates for potential future offers.

## **About Aqua Funded Prop Firm**

Aqua Funded FZCO, with its base in Dubai, UAE, is a relatively new entrant in the prop trading industry.

Founded by Jason Blax, Franco Crean, and Sean Bainton in December 2023, it offers an innovative approach to prop trading.

The firm's strategic location in Dubai Silicon Oasis underscores its commitment to leveraging the region's growing financial services sector.

## **Aqua Funded Prop Firm Trading Platforms**

Aqua Funded FZCO utilizes the **MetaTrader 5 (MT5) platform**, known for its advanced trading features, tools, and multi-asset support. This choice reflects their commitment to providing traders with a sophisticated yet user-friendly trading environment.

## **Aqua Funded Prop Firm Instruments Offered**

The specific instruments available for trading with Aqua-Funded FZCO are not detailed in the provided information. For a comprehensive list, traders should refer directly to the firm's website or contact their support.

## **Payment Options at Aqua Funded Prop Firm**

Payment method details for Aqua Funded FZCO are not specified. For clarity on whether they accept credit cards, PayPal, or other forms, visiting their website or reaching out to their support is recommended.

## **Aqua Funded Prop Firm Account Sizes**

Aqua Funded FZCO offers varied account sizes in their challenges, including $10,000, $25,000, $50,000, $100,000, and $200,000 options. This range caters to traders of different levels and preferences.

## **Aqua Funded Prop Firm Profit Splits**

Traders benefit from an impressive 90% profit split for all challenges, indicating a generous sharing of success.

## **Aqua Funded Prop Firm Max Daily Drawdown and Loss**

The firm imposes a maximum daily loss of 3% for 1-step and 5% for 2-step challenges. The max total loss is restricted to 6% for 1-step and 8% for 2-step challenges.

## **Aqua Funded Trading Days: Minimum and Maximum**

Minimum trading day requirements for Aqua Funded FZCO's challenges are not specified, offering flexibility to traders.

## **Aqua Funded Prop Firm Challenges and Rules**

Aqua Funded FZCO's challenges range in structure and complexity, with specific rules guiding each. Traders are expected to adhere to these guidelines, which include restrictions on cheating and exploiting demo accounts.

## **Aqua Funded Prop Firm Challenge Steps**

In the 1-step challenge, traders focus on meeting a set profit target within defined loss limits. The 2-step challenge involves reaching a decreasing profit target over two phases, testing consistency and strategy adaptability.

## **Aqua Funded Prop Firm Challenge Price**

Prices for 1-step challenges start at **$58** for a $10,000 account and go up to **$747** for a $200,000 account. The 2-step challenges begin at **$46** for the smallest account, increasing to **$732** for the largest.

## **Aqua Funded Fees and Commissions**

Aqua Funded FZCO stands out with a zero-commission policy across all its trading challenges, which increases its appeal to traders.

## **Aqua Funded Refundable Fees**

The firm offers refundable fees under certain conditions, although specific details are not provided and should be confirmed through their website.

## **Aqua Funded Free Trial Availability**

No free trial is available at Aqua Funded FZCO, focusing instead on real trading experiences.

## **Aqua Funded Payout Frequency**

The firm follows a bi-weekly payout frequency, allowing traders regular access to their earnings.

Breakout.PNG

Breakout Prop

**Breakout Prop Firm** positions itself as a **crypto-native proprietary trading firm** offering a high level of transparency and a robust trading environment on centralized exchanges. 

Whether you're trading Bitcoin or a variety of altcoins, Breakout Prop Firm promises **tight spreads, advanced trading tools, and an impressive liquidity pool.**

Ready to start your trading journey with Breakout Prop Firm? **Create an account today** and begin one of the challenges to test your trading skills!

## **Coupon Code for Breakout Prop Firm**

At the time of writing, no promotional codes or coupon codes are available for Breakout Prop Firm.

## **About Breakout Prop Firm: An Overview**

### **Company Name**

Breakout Trading Group, LLC (doing business as Breakout Prop Firm).

### **Address Details**

The address details for Breakout Prop Firm are not disclosed on their website.

### **Founding Year**

Breakout Prop Firm was established in November 2023.

### **Registration Location**

The company is registered in the United Arab Emirates.

### **Who Owns Breakout**

The owner of Breakout Prop Firm is Alex Miningham.

## **Trading Platforms**

Breakout Prop Firm offers a custom-built web and mobile application known as the **Breakout Terminal**. 

This modern platform provides advanced order types, one-click trading, and built-in risk management features, ensuring that traders have access to a comprehensive and intuitive trading experience. 

The platform supports over 100 crypto assets, allowing traders to execute their strategies with precision and ease.

## **Instruments Available at Breakout**

Traders at Breakout Prop Firm can **trade over 100 crypto assets**, offering a diverse range of trading opportunities. 

The centralized exchange environment ensures excellent liquidity, tight spreads, and a visible order book depth, enabling efficient and effective trading.

## **Account Sizes**

Breakout Prop Firm offers a range of account sizes to accommodate various trading preferences and capital levels. The available account sizes are:

- $5,000
- $10,000
- $25,000
- $50,000
- $100,000

## **Profit Splits in Breakout Prop Firm**

Traders at Breakout Prop Firm can retain up to 90% of their gains, which is a highly competitive profit split structure in the industry. This generous profit retention rate is designed to incentivize and reward successful traders.

## **Profit Targets for Breakout Prop Firm**

The profit targets for each challenge phase at Breakout Prop Firm are as follows:

**Step 1 Goal:**

- $5,000 account: $500
- $10,000 account: $1,000
- $25,000 account: $2,500
- $50,000 account: $5,000
- $100,000 account: $10,000

## **Maximum Daily Drawdown and Loss at Breakout Prop Firm**

Breakout Prop Firm enforces strict risk management rules to ensure trader discipline and account longevity. The maximum daily loss and maximum drawdown limits are as follows:

**Maximum Daily Loss:**

- $5,000 account: $200
- $10,000 account: $400
- $25,000 account: $1,000
- $50,000 account: $2,000
- $100,000 account: $4,000

**Maximum Drawdown:**

- $5,000 account: $300
- $10,000 account: $600
- $25,000 account: $1,500
- $50,000 account: $3,000
- $100,000 account: $6,000

## **Minimum/Maximum Trading Days Required at Breakout Prop Firm**

**There are no time limits imposed on the evaluation** **process at Breakout Prop Firm**. Traders can take as much time as needed to meet the evaluation criteria, promoting a stress-free and flexible trading environment.

## **Steps Available Across Challenges**

Breakout Prop Firm offers a structured evaluation process designed to assess and reward trader performance. The challenge steps are as follows:

1. **Pass the Breakout Evaluation**: Traders can select a one-phase or two-phase evaluation process. There are no time limits for completing the evaluations.
2. **Trade Your Funded Breakout Account**: Once the evaluation is passed, traders can start trading a live account and keep up to 90% of the gains.

## **Pricing for Breakout Prop Firm Challenge**

The pricing for the Breakout Prop Firm Challenge varies based on the account size selected. Here are the costs to start each challenge:

- $5,000 account: $55
- $10,000 account: $110
- $25,000 account: $275
- $50,000 account: $495
- $100,000 account: $800

These fees are designed to cover the evaluation and setup of the trading accounts, ensuring traders have access to the necessary resources and support.

## **Commissions and Fees at Breakout Prop Firm**

Breakout Prop Firm charges competitive fees for crypto trading, ensuring cost-effective trading conditions for its users. The trading fees are:

- **$3.50 per side per $10,000 traded**

This fee structure is straightforward, allowing traders to easily calculate their costs and plan their trading strategies accordingly.

## **Breakout Prop Firm: Refund Policies**

Breakout Prop Firm **does not offer any refunds.** This policy is clearly stated to ensure transparency and manage trader expectations from the outset.

## **Trial Offers at Breakout Prop Firm**

At the time of writing, Breakout Prop Firm does not mention the availability of any free trials on their website.

## **Payout Schedules of Breakout Prop Firm**

Breakout Prop Firm has a structured and timely payout schedule to ensure traders receive their profits promptly. The payout schedule is as follows:

- **First payout**: After 14 days
- **Second payout**: Within 10 days of the new trading period
- **Subsequent payouts**: Weekly, processed within 24 hours

This frequent and reliable payout structure is designed to support traders' financial planning and reward their successful trading activities without delay.

## Advantages and Disadvantages

### **Advantages**

- Intuitive and fast platform that simulates a real trading account with liquidity from Bybit.
- Excellent customer support that is quick to help and efficient in addressing issues.
- Positive impact on users' trading mindset, especially for those with funded accounts.
- Quick payouts with minimal rules and efficient issue resolution.
- Continuous communication and updates from support during issue resolution.

### **Disadvantages**

- No specific negative reviews mentioned.

## Useful information

### **Breakout Evaluation**

- **Two Trading Stages**: Evaluation and live trading.
- **Demo Account Goal**: Based on demo account equity, including unrealized gains/losses.
- **Progression**: Login credentials for a new demo account after passing a stage, with the balance reset.
- **Maximum Drawdown**:
    - One-step account: Fixed, does not trail.
    - Two-step account: Trailing, based on the highest account balance.
- **Maximum Daily Loss**: Calculated based on demo account equity and reset daily at 1700 EST.
- **Leverage**: Up to 5:1 for BTC and ETH, 2:1 for altcoins.
- **Cost of Trading**: $3.50/side per $10,000, with fees, slippage, and swaps applying.
- **Inactivity Rule**: Accounts disabled after 30 days of inactivity.
- **Refund Policy**: No refunds offered.
- **Live Environment**: Trading during the Breakout Evaluation takes place in a demo environment with added latency to prevent prohibited trading practices.

### **Additional Information**

- **Modern Trading Terminals**: Custom web and mobile apps for fast and seamless trade execution.
- **Transparency**: Data on evaluation success rates, breaches, and payouts are openly shared.
- **Trader Bonus**: Monetary bonuses provided to traders upon meeting certain conditions.
- **Prohibited Uses**: Includes violating any laws, scraping, hacking, unauthorized trading strategies, and account sharing.
- **No Advice/Education**: The Company does not provide investment advice or trader education.
- **Account Opening**: Personal information required; one active account per assessment without prior approval.
- **Terms and Conditions**: This Agreement is legally binding and subject to change at the Company's discretion.
- **Trademarks**: Use of the Company's trademarks without permission is prohibited.
- **Disclosure Statement**: Trading and investing involve high risk, and past performance is not indicative of future results.
- **Term and Termination**: The Company reserves the right to terminate services at its discretion.
- **Disclaimer of Warranties and Limitation of Liability**: Services are provided "as-is" with limited liability.
- **Indemnification**: Traders must indemnify the Company against claims arising from their use of the services.
- **Arbitration**: Any disputes will be settled by arbitration in Miami, Florida.

BrightFunded.PNG

BrightFunded

Bright Funded is a prop firm registered in the Netherlands in September 2023. The owner is Jelle Dijkstra.

Bright Funded offers a fair trading environment for traders of all levels. They value transparency and community, providing a rewarding trading experience. The platform also includes great educational resources.

## Coupon Code for Bright Funded

There are no active coupon codes at Bright Funded at this time. They regularly post all coupon codes, discounts and news on [their Instagram account.](https://www.instagram.com/brightfunded/) You can check it out for upcoming codes.

## Trading Platforms at Bright Funded

Bright Funded offers its own trading platform and App. The platform is available for both Android and iOS devices, as well as Desktop.

## Instruments Available with Bright Funded

You can trade:

- Cryptocurrencies
- Major Forex pairs
- Minor Forex pairs
- Exotic Forex pairs
- Indices
- Commodities like hard metals and agricultural goods

## How to Make Payments at Bright Funded

You can get paid via Crypto and Bank Transfer, and you can pay using Credit Cards, Crypto, and iDeal.

Here are the Cryptocurrencies you can pay with:

- Bitcoin (Bitcoin Network)
- Bitcoin (Lightning Network)
- USDT (Tron Network)
- USDC (ERC-20 Network)
- Ethereum (ERC-20 Network)
- Litecoin (Litecoin Network)
- Tron (Tron Network)
- Solana (Solana Network)

You need to be careful when choosing the network through which you want to send the money. If you send money through a different network, it may result in the loss of your funds. Bright Funded can’t assist you in these cases.

## Account Sizes Available at Bright Funded

There are six account sizes that are available in USD, EUR, and POUND currencies.

- $5k
- $10k
- $25k
- $50k
- $100k
- $200k

### Profit Splits in Bright Funded

Bright Funded offers a fair profit split of 80%. This means that the company gets the remaining 20%.

### Profit Targets for Bright Funded:

You need to reach a 8% profit target in the first step of the challenge. The second step has a 5% profit requirement.

### Maximum Daily Drawdown and Loss at Bright Funded

The maximum daily loss in the Bright Funded Challenge is 5%. When it comes to the maximum total loss, you can lose up to 10% of the account balance.

### Minimum/Maximum Trading Days Required at Bright Funded

You need to trade for at least 5 days, while there are no limits regarding the maximum number of trading days.

### Bright Funded: Rules and Challenges

Bright Funded has one 2-step challenge with six account sizes available. The first step of the challenge is called "The Challenge". The second step is considered "The Verification". Bright Funded doesn't have a consistency rule. The Leverage depends on the instrument used:

| Trading Instrument | Leverage |
| --- | --- |
| FX | 1:100 |
| Gold & Commodities | 1:40 |
| Indices | 1:20 |
| Crypto | 1:5 |

### Pricing for Bright Funded Challenge

| Account Size | Price |
| --- | --- |
| 5k | €55 |
| 10k | €95 |
| 25k | €195 |
| 50k | €295 |
| 100k | €495 |
| 200k | €975 |

### Commissions and Fees at Bright Funded

Besides the fee you need to pay for purchasing a challenge, there are no other fees. The commissions depend on the trading instrument:

| Trading Instruments | Commission |
| --- | --- |
| Currency Pairs | $3 per lot |
| Indices | $0 |
| Crypto | 0,024% / Volume (0,012% per side) |
| Commodities | 0,0010% / Volume |

### Bright Funded: Refund Policies

Bright Funded refunds 100% of your fees with your first payout after you finish the evaluation phase.

### Trial Offers at Bright Funded

There are no free trial offers at Bright Funded.

### Payout Schedules of Bright Funded

You can request your first payout 30 days after you place the first trade on your Funded Account. After your first Reward split, all payouts are done bi-weekly. You can request your payout through the dashboard.

### Contact Bright Funded

Contact Bright Funded via:

- Email: [support@brightfunded.com](mailto:support@brightfunded.com)
- https://twitter.com/BrightFunded
- https://www.instagram.com/brightfunded/

### Evaluating Bright Funded: Advantages and Disadvantages

### Advantages:

- Low commissions
- Bi-weekly payouts
- Fees are 100% refundable
- A wide range of trading instruments available
- Six account sizes available in USD, EUR, and POUND currencies

### Disadvantages:

- No free trials
- Only one challenge type is available

### Bright Funded FAQ Section

**Restricted Countries**

There are no country restrictions at Bright Funded.

**What are Swap Fees?**

A swap fee, or rollover fee, is the interest traders pay for holding a position overnight, applied at the daily rollover point at 00:00 CET.

**Can I use EA?**

Yes, you can use Expert Advisors (EAs).

**What capital will I trade at Bright Funded?**

You will be trading the same account balance that you traded in the Challenge. If you had a $200k challenge, you'll also have $200k in your Funded Account. If you demonstrate consistent profitability, you will be rewarded with additional capital with the scaling plan.

maven.PNG

Maven

Maven Trading offers unique 1-Step and 2-Step Evaluation Challenges for traders to access simulated funded accounts. 

They provide low spreads, instant execution, and a wide range of virtual tradable pairs, including 400+ assets, FX majors & minors, and equities on simulated accounts. 

Special features include weekend holding, swap-free trading, and a unique buyback feature.

## About Maven Trading Prop Firm

### **Company Name:**

Maven Trading

### **Address Details:**

Not specified.

### **Founding Year:**

November 2022

### **Registration Location:**

Not specified.

### Leadership team:

**CEO:** Chris Hunter

**COO:** Sebastian Anthony

**CTO:** Jon Alexander

**CMO:** Emma Alton

## Trading Platforms

Maven Trading offers two main trading platforms to its users: Match Trader and cTrader. Both platforms are well-known for their user-friendly interfaces and advanced trading tools. Match Trader provides a robust environment for executing trades quickly, while cTrader offers an extensive range of charting tools and indicators. This ensures that traders have the necessary tools to succeed in the financial markets.

## Instruments Available at Maven Trading

Maven Trading offers a diverse range of trading instruments. Traders can access FX majors and minors, commodities, indices, and digital ETFs. This broad selection allows traders to diversify their portfolios and explore various markets, enhancing their trading opportunities.

## How to Make Payments at Maven Trading Prop Firm

Currently, the specific payment methods available at Maven Trading are not specified. However, traders can expect standard payment options commonly used in the industry, such as bank transfers, credit/debit cards, and possibly e-wallets. It is advisable to check directly with Maven Trading for the most accurate and updated payment methods.

## Account Sizes

Maven Trading offers several account sizes to cater to different traders' needs:

- $2,000: $15 entry fee (refundable)
- $5,000: $19 entry fee (refundable)
- $10,000: $38 entry fee (refundable)
- $20,000: $76 entry fee (refundable)
- $50,000: $190 entry fee (refundable)
- $100,000: $349 entry fee (refundable)

These varying account sizes allow traders to choose an account that best fits their trading capital and risk tolerance.

## Profit Splits in Maven Trading Prop Firm

Maven Trading offers a competitive profit split structure. **The minimum profit split is set at 80%**, which means traders keep a significant portion of their profits. This structure incentivizes traders to perform well and aligns their interests with the prop firm.

## Profit Targets for Maven Trading Prop Firm

### 1-Step Challenge:

- Profit target: 8%
- Trailing drawdown: 5% from highest equity
- Daily drawdown: 3%

### 2-Step Challenge:

- Profit target: 8% (Phase 1) / 5% (Phase 2)
- Drawdown: 8%
- Daily drawdown: 4%

These targets are designed to be challenging yet achievable, providing a clear pathway for traders to earn a funded account.

## Maximum Daily Drawdown and Loss at Maven Trading Prop Firm

### 1-Step Challenge:

- Trailing drawdown: 5%
- Daily drawdown: 3%

### 2-Step Challenge:

- Static drawdown: 8%
- Daily drawdown: 4%

The drawdown limits are set to ensure that traders manage their risks effectively, promoting disciplined trading practices.

## Minimum/Maximum Trading Days Required at Maven Trading Prop Firm

### 1-Step Challenge:

- Minimum trading days: 0
- Maximum trading days: Infinite

### 2-Step Challenge:

- Minimum trading days: 0
- Maximum trading days: Infinite

These flexible trading day requirements allow traders to progress at their own pace without the pressure of time constraints.

## Steps Available Across Challenges

### 1-Step Challenge:

- Profit target: 8%
- Trailing drawdown: 5%
- Daily drawdown: 3%

### 2-Step Challenge:

- Phase 1: Profit target: 8%
- Phase 2: Profit target: 5%
- Drawdown: 8%
- Daily drawdown: 4%

These structured steps provide a clear framework for traders to follow, ensuring they meet the necessary criteria to obtain a funded account.

## Pricing for Maven Trading Prop Firm Challenge

- $2,000: $15 entry fee (refundable)
- $5,000: $19 entry fee (refundable)
- $10,000: $38 entry fee (refundable)
- $20,000: $76 entry fee (refundable)
- $50,000: $190 entry fee (refundable)
- $100,000: $349 entry fee (refundable)

The costs to start challenges are reasonable and fully refundable, making it accessible for traders to participate in Maven Trading's programs.

## Commissions and Fees at Maven Trading Prop Firm

- Commission: $2 USD per way ($4 round trip)
- No commission for crypto, indices, and commodities
- Zero swap fees across all accounts

The fee structure is competitive and transparent, with no hidden costs, making it easier for traders to manage their trading expenses.

## Maven Trading Prop Firm: Refund Policies

All challenge fees at Maven Trading are fully refundable. This policy provides an added layer of security for traders, ensuring that they can recover their initial investment if they do not breach the account rules.

## Trial Offers at Maven Trading Prop Firm

Details regarding trial offers are not specified. It is recommended to contact Maven Trading directly for the most accurate information about any available trial offers.

## Payout Schedules of Maven Trading Prop Firm

- Pro account: every 5 business days
- Standard account: every 10 business days

These payout schedules are designed to ensure that traders can access their profits regularly and efficiently.

## Advantages and Disadvantages

(Based on Trustpilot community reviews)

**Advantages:**

- **Fast and Efficient Support:** Highly praised for responsive and quick support staff.
- **Quick Payout Processing:** Payouts processed within 5 hours of request.
- **Generous Profit-Sharing:** Minimum profit split of 80%.
- **Supportive Customer Service:** Free retries for breached accounts and commitment to trader success.
- **User-Friendly Platform:** Easy and fast verification process with competitive pricing.

## **Disadvantages:**

- **Platform Limitations:** Issues with Match Trader platform and trading conditions.
- **Spread Issues:** Overnight spreads can widen significantly.
- **Reduced Crypto Pairs:** Reduction in available crypto pairs without prior notice.
- **Service Compromises:** Perceived decline in service quality with reduced prices.
- **Swing Trading Conditions:** Poor swaps and spreads for swing traders.

## Maven Trading FAQ Section

**What is Maven Trading?**
Maven Trading offers a simulated funded trader program for traders of all experience levels, established in November 2022.

**Why should I become a Maven Funded Trader?**
Maven Trading provides access to higher funds and robust risk management rules.

**Is Maven Trading an established prop firm?**
Yes, Maven Trading has been operating since 2022 and has paid out $1M to traders.

**Do You Allow Scaling?**
Yes, traders can scale up to $1,000,000 with a 25% account increase per 10% profit over 4 months.

**What is our leverage?**

- Forex: 75:1
- Commodities: 20:1
- Digital ETFs: 2:1
- Indices: 20:1

**What Instruments Can I Trade?**
Traders can trade FX, commodities, indices, and digital ETFs.

**Spreads, Commission & Swap**
Maven Trading offers close to raw spreads, $2 USD commission per way ($4 USD round trip), and zero swap fees.

**Withdrawal Frequency**

- Pro account: every 5 business days
- Standard account: every 10 business days

**What is our Buyback feature?**
The Buyback feature allows re-entry to funded accounts by paying 60% of the drawdown limit.

**Merging Accounts**
Funded accounts can be merged via email request to support@maventrading.com.

### Trustpilot Reviews

**Positive Reviews:**

- **Fast and Efficient Support:** Maven Trading is highly praised for its support staff, who are described as humble, responsive, and quick to address issues. Specific mentions include support team members like Mikasa and James.
- **Quick Payout Processing:** The payout process is very fast, with reports of withdrawals being processed within 5 hours of the request, ensuring traders can access their funds promptly.
- **Generous Profit-Sharing and Competitive Prices:** Maven offers a generous profit-sharing model and competitive prices. The rules for passing evaluations are clear and manageable, making it easier for traders to succeed.
- **Supportive Customer Service:** The company is dedicated to trader success, offering fast and supportive customer service. They provide free retries for breached accounts, demonstrating their commitment to helping traders succeed.
- **Good Overall Experience:** Traders appreciate the easy and fast verification process, competitive pricing, and quick email responses from the support team. The platform is user-friendly once traders get accustomed to Match Trader.

**Negative Reviews:**

- **Platform Limitations:** Some users are dissatisfied with the Match Trader platform, suggesting it could be better and noting issues with trading conditions such as spreads and swaps.
- **Spread Issues:** There are complaints about overnight spreads being significantly widened, which can stop out trades unfairly. This inconsistency in spreads has caused frustration among traders.
- **Reduced Crypto Pairs:** Maven has reduced the number of available crypto pairs without prior notice, which has negatively impacted crypto traders who relied on a broader range of options.
- **Service Compromises:** While the firm has reduced prices, some users feel that this has come at the cost of compromised service quality.
- **Swing Trading Conditions:** Swing traders have reported inadequate trading conditions, such as poor swaps and spreads, leading to losses in their prop firm accounts compared to their personal accounts with reliable brokers. There is also a call for increasing the drawdown limit to improve trading flexibility.

This review aims to provide a comprehensive overview of Maven Trading, ensuring that potential traders have all the necessary information to make an informed decision. 

For further details, it is recommended to visit Maven Trading's official website or contact their support team directly.

Audacity Capital.PNG

Audacity Capital

AudaCity Capital is a Forex proprietary trading firm that empowers traders by providing capital and a supportive trading environment. 

Unique aspects include their Ability Challenge, which allows traders of all backgrounds to demonstrate their skills through a two-step demo process. 

Successful completion of this challenge grants access to live accounts with customizable initial capital. 

Key benefits of their programs include substantial starting capital, enhanced leverage, no monthly fees, and a high profit-sharing model of up to 85%. 

Additionally, they offer fast scaling opportunities and premium liquidity.

## Legal Company name

AudaCity Global Limited

## Company address

Level 8. Office 8.05 One Canada Square, London, England, E14 5AA, United Kingdom

## Year of establishment

March 2012

## Place of company registration

United Kingdom

## Company owners

Not identified

## Company CEO

Karim Yousfi

## Trading platforms offered

**MT4, MT5.** 

These platforms are renowned for their robust features, user-friendly interface, and advanced charting tools, ensuring traders have all the resources they need to succeed.

## Trading instruments available

Audacity Capital offers a diverse range of trading instruments, including:

- Major and minor forex pairs
- Gold
- DAX
- S&P500
- US30
- NAS100

This wide variety allows traders to diversify their portfolios and capitalize on multiple market opportunities.

## Range of account sizes offered

Audacity Capital provides a range of account sizes to accommodate different trader needs and budgets:

- $10,000: $129
- $15,000: $189
- $30,000: $339
- $60,000: $459
- $120,000: $779
- $240,000: $1559

## Profit split structure

Audacity Capital offers competitive profit split structures:

- Ability Challenge: Up to 85%
- Funded Trader Program: Up to 80%

## Profit targets for each challenge phase

Traders must achieve a **10% profit target** in each challenge phase, ensuring they demonstrate consistent and profitable trading strategies.

## Maximum daily and total loss limits

- Maximum daily drawdown: 7.5%
- Maximum absolute drawdown: 15%

## Minimum and maximum trading day requirements

Minimum trading days: 4 days

## Overview of challenges and general rules

- Unlimited deadline to reach target on evaluation phases
- 7.5% maximum daily drawdown
- 10% maximum absolute drawdown
- Quarterly scaling up to $2M

## Pricing/costs to start challenges

- $10,000: $129
- $15,000: $189
- $30,000: $339
- $60,000: $459
- $120,000: $779
- $240,000: $1559

## Fees & commissions

- No monthly fees on the Ability Challenge
- Zero commission and swap fees in the Funded Trader Program

## Refundable fees details

Refundable fee upon completing all stages of the Ability Challenge

## Free trial availability and details

Free trial available, but details not specified

## Payout frequency

Audacity Capital offers **bi-weekly payouts**, ensuring traders receive their profits regularly.

## Leverage

**Traders can access leverage of 1:100** for every instrument, allowing for greater exposure with a smaller capital outlay.

## Consistency rule

Information on the consistency rule was not disclosed on their website or accessible at the time of writing.

## Commission per lot

$5 per lot on every instrument (only for the Ability Challenge)

## Customer support options and details

Email

## Trustpilot Reviews

### Positive

- **No Commissions or Swaps:** Traders are not charged commissions or swaps, promoting cost-effective trading.
- **Fast Execution:** Provides fast trade execution, which is crucial for timely trading decisions.
- **Real Accounts:** Offers real trading accounts, helping traders achieve their goals more quickly.
- **Good Support:** Generally responsive support team, with clear instructions and rules available on the website.
- **Flexibility:** Allows trading during news events and over weekends, providing more trading opportunities.

### Negative

- **Slow Verification and Phase Transition:** Takes up to 72 hours to deliver verification and the next phase, which can be slow compared to other firms.
- **Manual Consistency Checks:** Requires manual verification for consistency rules, leading to delays in account progression.
- **Higher Profit Targets:** Profit targets in the ability phases are relatively high compared to other prop firms, making them more challenging to achieve.
- **Lengthy Payout Period:** Payouts are processed 30 days from the first trade, which is longer than many competitors.
- **Technical Issues and Communication Delays:** Some delays in account setup and occasional lack of careful reading in support communications.

blue-guardian.png

Blue Guardian

Blue Guardian provides a structured evaluation process for traders, featuring 1-step, 2-step, Elite, and 3-step challenges.

It offers various account sizes, unlimited trading periods, specific daily loss limits, and profit targets. The company provides bi-weekly payouts, an 85% profit split, and leverage options.

Additionally, it has a scaling plan to increase account balances up to $2,000,000. Blue Guardian ensures 24/7 customer support and fast payout processing. The evaluation fees are refundable upon receiving the first payout.

## Company Information

### **Company Name**

Blue Guardian

### **Address**

Not explicitly mentioned on the website.

### **Year of Establishment**

2019

### **Registration Location**

United Arab Emirates

### Executive Team

- **Founder/CEO:** Sean Bainton
- **Chief Operating Officer:** Eric Gairns
- **Chief Payment Officer:** Regan Hartland

## Trading Platforms

- MT5
- Tradelocker
- MatchTrader (for US clients)

## Available Trading Instruments

- FX
- FX Exotics
- Indices
- Gold & Commodities
- Cryptocurrencies

## Payment Methods

- Debit/Credit card via Stripe
- Cryptocurrency via Coinbase

## Account Sizes

- $10,000
- $25,000
- $50,000
- $100,000
- $200,000

## Profit Split

- 85% for all challenges

## Profit Targets

- 8% for 2-step challenges
- 10% for Elite and Rapid challenges
- 6% for 3-step challenges

## Loss Limits

- **Daily Loss:** 4% for all balances and challenges
- **Total Loss:**
    - 8% for 2-step challenges
    - 10% for Elite Challenge
    - 6% for Rapid Challenge
    - 8% for 3-step challenges

## Trading Activity Requirements

- At least one trade every 30 days to prevent account inactivity

## Challenge Overview and Rules

- **Phase 1:** Show trading skills and discipline
- **Phase 2:** Final step to become a funded trader
- **Trader:** Earn up to 85% of profits and possibly increase account balance

### Challenge Steps

1. Sign up for an evaluation.
2. Receive login details.
3. Trade according to set objectives.
4. Get funded and receive bi-weekly payouts if profitable.

### Challenge Costs

- Entry costs range from $72 for $10,000 challenges to $900 for $200,000 Elite challenges.

## Fees & Commissions

- **MatchTrader:** $5 per lot for FX & Commodities, $0 for crypto and Indices
- **DxTrade:** $7 per lot for FX & Commodities, $0 for crypto and Indices
- **Ctrader:** $5 per lot for FX & Commodities, $0 for crypto and Indices

## Refundable Fees

Evaluation fees are refunded upon the first payout.

## Payouts

Bi-weekly

### Leverage Options

- **Unlimited:**
    - FX: 1:100
    - Indices: 1:20
    - Commodities: 1:20
    - Crypto: 1:2
- **Elite:**
    - FX: 1:50
    - Indices: 1:20
    - Commodities: 1:20
    - Crypto: 1:2

### Consistency Rule

- At least one trade every 30 days to prevent account inactivity.

### Commissions

- **MatchTrader:** $5 per lot for FX & Commodities
- **DxTrade:** $7 per lot for FX & Commodities
- **Ctrader:** $5 per lot for FX & Commodities

### Customer Support

24/7 support via Intercom or email.

### Trustpilot Reviews

Not provided.

### FAQs

**Available Account Sizes:**

- $10,000, $25,000, $50,000, $100,000, $200,000

**Number of Tradable Accounts:**

- Multiple Evaluations can be traded simultaneously.
- Funded accounts can be merged up to $400,000.

**Free Retrys:**

- Not specified.

**Post-Evaluation Steps:**

- Complete KYC and sign the contract.
- Funded credentials received within 48 hours.

**Payout Process:**

- Eligible for payout 14 days from the first trade.
- Must be above the initial account balance with no violations.
- Withdrawals via Riseworks.io to Bank or Crypto.
- Minimum withdrawal amount is $100.

**Legal Relationship with Funded Traders:**

- Based on the Contract Agreement signed after completing the Evaluation process.

**Inactivity Breach:**

- One trade required every 30 days.

**Evaluation Definition:**

- A two-step process trading on a demo account.

**Free Trials:**

- No free trials.

**Refundable Evaluation Fee:**

- Fully refundable upon the first payout.

**Maximum Capital:**

- Up to $400,000 in funded accounts, scalable up to $2,000,000.

# General Review

Blue Guardian offers a structured evaluation process for traders, consisting of 1-step, 2-step, Elite, and 3-step challenges. 

It provides various balance sizes, unlimited trading periods, specific maximum daily loss limits, and profit targets. 

The company features bi-weekly payouts, a profit split of 85%, and leverage options. It also includes a scaling plan to increase account balances up to $2,000,000. 

Blue Guardian offers 24/7 customer support and ensures quick payout processing. The evaluation fees are refundable upon the first payout.

### Legal Company Name

Blue Guardian

### Company Address

Not explicitely mentioned on the website.

### Year of Establishment

2019

### Place of Company Registration

United Arab Emirates

### Company Owners

- **Founder/CEO:** Sean Bainton
- **Chief Operating Officer:** Eric Gairns
- **Chief Payment Officer:** Regan Hartland

## Trading Platforms Offered

- MT5
- Tradelocker
- MatchTrader (for US clients)

### Trading Instruments Available

- FX
- FX Exotics
- Indices
- Gold & Commodities
- Cryptos

## Payment Methods Available

- Debit/Credit card through Stripe
- Cryptocurrency through Coinbase

## Range of Account Sizes Offered

- 10k
- 25k
- 50k
- 100k
- 200k

## Profit Split Structure

85% for all challenges

## Profit Targets for Each Challenge Phase

- 8% for 2-step challenges
- 10% for Elite and Rapid challenges
- 6% for 3-step challenges

## Maximum Daily and Total Loss Limits

- **Maximum Daily Loss:** 4% for all balances and step challenges
- **Maximum Loss:**
    - 8% for 2-step challenges
    - 10% for Elite Challenge
    - 6% for Rapid Challenge
    - 8% for 3-step challenges

## Minimum and Maximum Trading Day Requirements

- At least one trade every 30 days to avoid account inactivity

## Overview of Challenges and General Rules

- **Phase 1:** Demonstrate trading skills and discipline
- **Phase 2:** Final step to become a funded trader
- **Trader:** Earn up to 85% of profits and potential account balance increases

## Challenge Steps

1. Sign up for an evaluation.
2. Receive login credentials.
3. Start trading according to objectives.
4. Get funded and receive bi-weekly payouts if profitable.

## Pricing/Costs to Start Challenges

The costs of entry vary across challenges and ranges from $72 for 10k challenges to $900 for $200k balance Elite challenges.

## Fees & Commissions

- **MatchTrader:** $5 per lot for FX & Commodities, $0 for crypto and Indices
- **DxTrade:** $7 per lot for FX & Commodities, $0 for crypto and Indices
- **Ctrader:** $5 per lot for FX & Commodities, $0 for crypto and Indices

## Refundable Fees Details

Evaluation fees are refundable upon receiving the first payout.

### Free Trial Availability and Details

No free trials available.

### Payout Frequency

Bi-weekly

### Leverage

- **Unlimited:**
    - FX: 1:100
    - Indices: 1:20
    - Commodities: 1:20
    - Crypto: 1:2
- **Elite:**
    - FX: 1:50
    - Indices: 1:20
    - Commodities: 1:20
    - Crypto: 1:2

### Consistency Rule

- At least one trade every 30 days to avoid account inactivity.

### Commission Per Lot

- **MatchTrader:** $5 for FX & Commodities
- **DxTrade:** $7 for FX & Commodities
- **Ctrader:** $5 for FX & Commodities

### Customer Support Options and Details

24/7 support via Intercom or email.

## Frequently Asked Questions

**What account sizes are available?**

10k, 25k, 50k, 100k, 200k

**How many accounts can I trade?**

Multiple Evaluations can be traded simultaneously.

Funded accounts can be merged up to 400k.

**Can I have a free retry?**

Not specified in the provided text.

**What happens after passing the Evaluation Program?**

Complete KYC and sign the contract.

Receive funded credentials within 48 hours.

**How do payouts work?**

Eligible for payout 14 days from the first trade.

Must be above initial account balance with no violations.

Withdrawals via Riseworks.io to Bank or Crypto.

Minimum funded account withdrawal is $100.

**What is the legal relationship with Blue Guardian and a Funded Trader?**

Based on the Contract Agreement signed after completing the Evaluation process.

**Is there a breach for inactivity?**

One trade required every 30 days.

**What is an Evaluation?**

A two-step process trading on a demo account.

**Is there a free trial?**

No free trials.

**Is the Evaluation Fee refundable?**

Fully refundable upon the first payout.

**What is the maximum capital allowed?**

Up to 400k in funded accounts, scalable up to $2,000,000.

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