Contents
The Trading Pit Review
The Trading Pit is a global prop trading firm, based in Liechtenstein, which sets a new standard in trading by supporting traders reach their full potential and become a partner of The Trading Pit and reach financial freedom. Traders can virtually trade in multiple asset classes such as futures, forex, stocks and cryptos on the industry’s best and most powerful platforms.
The most successful traders get the chance to become Partner of The Trading Pit and the possibility earn up to 70% of the profits.
The Trading Pit wants to help traders become more confident and financially successful. They are fully aligned with their traders by helping them achieve their goals.
The Trading Pit is the only prop trading firm with a true partnership model
The Trading Pit aims to equip their traders with the knowledge and tools they need to ensure that they have a successful journey in the global markets.
Prop Trading 2.0: Setting the New Standard in Trading
Proprietary Trading (Prop Trading) is when a financial institution aims to make profits off trading stocks, bonds, currencies, derivatives, or other financial instruments.
After purchasing and successfully completing one of their Trading Challenges, a trader can work with them and gain a percentage of the profits on their trades.They are democratizing
trading and allowing talented traders, newcomers and experts alike, to work in a unique Prop Trading environment.
Awards
- Fastest Growing Proprietary Firm in Europe 2022
Some of The Trading Pit Partners
- Symax Fintech
- SysTrade
- GBE Brokers
- FXFlat
- TradersTalk
- VolumeTrader
- ATAS
- CME
- Quantower
- Trade Don’t Play
- Rithmic
- Sierra Chart
- Btrading Media
- Bullfy
World-class Trading Platforms, available across all devices:
MT4, MT5, ATAS, Quantower, Rithmic, Bookmap, EdgePro, StereoTrader, Sierra Chart
- Official Certification: Traders can gain an Official Asset Management Certificate/License
- Freedom of Choice: Freedom of choice to choose the broker of their No conflict of interest.
- Real/Live Accounts with Real Money: They provide traders with real/live accounts with real money after they pass the challenge.
- One-time fee: They only charge a One-time application fee. No monthly and no hidden costs.
- Broker neutral – They are not brokers but they’ve partnered up with the top brokerage firms from around the world to ensure that you will receive the finest possible conditions for seamless trading.
- Multi-instrument trading: The only Prop trading firm in the industry that offers all tradeable instruments.
- World class trading platforms: You gain access to several industry’s most popular trading platforms giving you a huge degree of control over how you work.
- Mentors: You gain access to a network of experienced traders where you can learn from the
- Education: They provide strong education support, tools, and systems for newbies and experienced traders! They developed an inhouse A to offer for free to traders to assist them to monitor their progress, add challenge parameters and avoid breaching their accounts.
- Simple & Clear Rules – The trading rules are simple and straightforward.
- Up to 70% profit split – Trade responsibly and consistently and receive up to 70% of your If you consistently generate profits on your Account, they can scale your account according to their Scaling Plan.
- Extend Option – If you are performing well and you meet all Challenge’s criteria, you are eligible to buy an Extension to allow you enough time to reach your targets.
- Reset Option – If you run the risk of breaching the trading parameters during your challenge, you are eligible for a Reset at a discounted price with no limits.
- No restrictions on trading style
- Overnight and weekend holding allowed
- News trading allowed
- EA’s and bots allowed
1. Evaluation
Register with The Trading Pit, pay a small administration fee and play one of their Trading Challenges. Show them your Prop Trading skills! Once you pass, you can move on to the next step, it’s that simple!
2. The Trading Pit Partner
Once you’ve passed their Trading Challenge, you have several options open to you, from partnering with them, to providing financial advice, to producing trading signals for them. All of this depends on your level of experience and qualifications. Once you’ve agreed to partner with The Trading Pit, you can grow as far and as fast as your talent allows!
3. The Trading Pit Expert
Together with their network partners The Trading Pit can offer you the possibility to initiate an official Certificate.
Choose your Futures challenge:
View in detail their Futures scaling plan:
1. Register with The Trading Pit
Choose your market and register, pay for the Trading Challenge you want to take and log in to start.
2. Pass the Trading Challenge
Showcase your skills in a gamified (demo) environment and successfully complete the Trading Challenge.
3. Start Working!
Receive a contract, become a Trading Pit partner and start your career with them.
1. The rules are simple
- Do not hold positions overnight (3:10PM-5:00 PM CT).
- Do not exceed the daily loss
- Do not exceed the maximum trailing
- Do not exceed 50% of profit target in a single trading day.
- Trade from a minimum of 7
ABOUT THE AUTHOR
Romain is an independent trader and investor specializing in financial market analysis and trading systems. He worked as a professional long/short equity trader for a trading firm in New York and has a passion for building mechanical trading strategies. He has been in the industry since 2008.
DISCLAIMER
This post expresses the opinions of the writer and is for information, entertainment purposes only. Romain is not a registered financial advisor or certified analyst. The reader agrees to assume all risk resulting from the application of any of the information provided. Past performance is not a reliable indicator of future returns and financial trading is full of risk.) Please read the Full Disclaimer