Introduction To The Trading Pit
Introducing The Trading Pit, a leading funded trading prop firm that empowers traders to pursue a successful career in the financial markets. With a range of challenges and account options, The Trading Pit offers traders the opportunity to trade CFDs and futures across multiple markets. Partnered with reputable brokers GBE and FXFlat, the firm ensures reliable trade execution. Traders can select challenge account balances and profit share percentages that align with their goals and risk tolerance. The Trading Pit provides a supportive environment with real-time data feeds, powerful trading platforms like Atas and Quantower, and educational resources. With competitive pricing starting at $99, traders can access generous profit sharing and scale up to trading with up to €5 million. Join The Trading Pit to maximize earnings and embark on a rewarding trading journey.
Pros
- ✓ Scaling up to €5,000,000
- ✓ Multiple instruments to trade
- ✓ Copy trading allowed
- ✓ EAs Allowed
Cons
- ✗ 7 Minimum trading days
- ✗ 50% split
| Firm Details | |
|---|---|
| Year Founded | 2021 |
| Maximum Balance | $5,000,000 |
| Tradeable Assets | Forex, Indices, Metals, Commodities, Stocks, Crypto, Equity Futures, Forex Futures, Agricultural Futures, Energy Futures, Interest Rate Futures, Metals Futures, Crypto Futures |
| Challenge Type | One-Step Evaluation, Two-Step Evaluation |
| Trading Platforms | MT4, MT5, Rithmic, Volfix, ATAS, Quantower, SierraChart, Bookmap, Jigsaw Daytradr |
| Trading Hours | Holding Overnight, Holding Over Weekend |
| Copy Trading | ✅ |
| News Trading | ✅ |
| EAs | ✅ |
| Trust Pilot Rating⭐ | 4.7 / 5.0 |
| Trust Pilot Reviews | 223 |
| Payment Types | Wire Transfer, Crypto, Credit Card, Binance |
Challenges Options
The Trading Pit offers a range of challenges for traders looking to kickstart their careers in the financial markets. These challenges are designed to help traders prove their skills, meet specific trading objectives, and ultimately earn profits.
The challenges are divided into different account levels, each with its own balance and account currency options. Traders can choose from CFDs or Futures as their preferred trading product. The challenges offer various features such as leverage, daily drawdown limits, and maximum drawdown limits.
Traders can start with account balances ranging from €10,000 to €100,000, or choose the VIP option with a starting account balance of $250,000. The profit share percentage ranges from 50% up to 80% depending on the challenge level.
The challenges also provide additional benefits, including real-time data feeds, access to trading platforms like Quantower and Rithmic, and licenses for tools like Atas and Bookmap.
Traders who successfully pass the challenges can scale up their trading to €5 million without any trading limits and earn substantial profits. The Trading Pit aims to support traders from day one, help them achieve their targets, and ensure they receive timely payouts.
Overall, The Trading Pit’s challenges offer aspiring traders an opportunity to showcase their trading skills, earn profits, and advance their careers in the financial markets.
| One Step Rules | |
|---|---|
| Profit Target | 10% |
| Max Daily Loss | 3% |
| Max Daily Drawdown | ❌ |
| Max Loss | ❌ |
| Max Drawdown | 7% |
| Min’ Trading Days | 15 |
| Max Trading Days | 90 |
| Profit Split | 50%, up to 70% |
| Two Step Rules | |
|---|---|
| Profit Target Step 1 | 6% |
| Profit Target Step 2 | 4% |
| Max Daily Loss | 3% + 2% |
| Max Daily Drawdown | ❌ |
| Max Loss | ❌ |
| Max Drawdown | 8% + 6% |
| Min Trading Days Step 1 | 7 |
| Min Trading Days Step 2 | 7 |
| Max Trading Days Step 1 | 90 (total) |
| Max Trading Days Step 2 | 90 (total) |
| Profit Split | 60%, up to 80% |
Challenge Pricing
| Account Size | 1 Step | 2 Step |
|---|---|---|
| $10,000 | $99 | ❌ |
| $20,000 | $179 | ❌ |
| $50,000 | $399 | ❌ |
| $100,000 | $999 | ❌ |
| $150,000 | ❌ | $349 |
| $200,000 | ❌ | |
| $250,000 | ❌ | $599 |
TheTradingPit.com stands tall as the definitive choice for a thriving funded trading journey. With state-of-the-art technology, unwavering support, and an unyielding commitment to trader success, it provides access to diverse markets and competitive leverage, fostering expansive growth and exploration within the trading domain.
What sets TheTradingPit.com apart is its tailored methodology. Offering personalized mentorship, comprehensive educational resources, and robust risk management strategies, it focuses on nurturing individual trader potential and driving continuous improvement.
Select TheTradingPit.com to embark on an enriching and transformative trading experience. Align yourself with a platform dedicated to fueling your aspirations, equipped with the necessary tools and expertise to excel in the dynamic financial markets.
Trust TheTradingPit.com as your guiding ally, steering you toward exceptional milestones and translating your trading aspirations into tangible achievements in the world of funded trading.
Introduction To The Trading Pit Program:
In today’s volatile financial markets, having access to cutting-edge technology and a robust infrastructure is crucial for traders of all levels. One prop trading firm that aims to provide such an experience is The Trading Pit. In this comprehensive review, we will explore the features, funding program options, fees, tradable assets, and restrictions offered by The Trading Pit, empowering traders to make informed decisions about their trading journey.
About The Trading Pit Program:
The Trading Pit is a prop firm designed to assist traders in navigating the global markets. With a focus on advanced technology and a solid infrastructure, this platform offers traders a unique proprietary trading experience. The company’s vision is to foster collaboration between companies and traders for mutual benefit, creating a community of successful traders worldwide. To achieve this, The Trading Pit provides exceptional trading conditions, live webinars, a live squawk box, resource tools, direct market access, exclusive events with professional traders, and an unrivaled affiliate program.
Funding Program Options:
Futures:
The Trading Pit provides four types of futures accounts: Lite, Standard, Executive, and VIP. Each account has a specific balance, profit target, and profit split, along with a challenge duration of 30 days. Traders can choose an account based on their trading goals and risk appetite.
Forex:
For forex trading, The Trading Pit offers four types of accounts: Lite, Standard, Executive, and VIP. Similar to the futures accounts, each forex account has its balance, profit target, profit split, and challenge duration. Traders can select the account that aligns with their trading style and objectives.
Combo:
The Combo account is a unique offering that allows traders to trade both forex and futures in a single account. With the Lite and Executive accounts, traders can access a combination of 700+ Forex CFDs and real futures contracts. The profit split and challenge duration vary based on the chosen account.
Fees:
The Trading Pit adopts a transparent fee structure. Traders are required to pay a one-time fee during the evaluation stage before receiving funding. The fee amount depends on the chosen account type and ranges from $99 to $499 for futures and $99 to $999 for forex. The Combo account fees start at $269 and go up to $999. It is important to note that The Trading Pit does not charge additional fees for payments or withdrawals, although intermediary banks may have their transaction fees.
Tradable Assets:
The Trading Pit provides traders with a wide range of tradable instruments across various categories, including currency, commodity, stock market, and interest rate. Traders can access popular assets such as major currency pairs, commodities like gold and oil, stock market indices, and interest rate instruments.
Restrictions:
The Trading Pit imposes minimal restrictions on traders, enabling them to engage in regular trading activities. Traders are allowed to hedge, scalp, copy trade, and utilize Expert Advisors (EAs). However, traders are expected to maintain regular trading activity, as extended periods of inactivity may result in account review or temporary disablement.
The Trading Pit Program Challenge:
Before receiving funding, traders must undergo specific challenges based on their chosen account type. These challenges vary in terms of contract quantities, profit targets, daily drawdown limits, and maximum trailing drawdowns. Traders are encouraged to meet the challenge requirements within the designated timeframe to qualify for funding.
The Trading Pit Program – Conclusion:
The Trading Pit offers a compelling proposition for traders seeking a prop trading firm that combines advanced technology, comprehensive resources, and a supportive community. With its diverse funding program options, transparent fee structure, wide range of tradable assets, and minimal trading restrictions, The Trading Pit aims to empower traders at all levels. Whether you are a seasoned trader or just starting your journey, The Trading Pit may be a platform worth considering for your trading endeavors.
