When compared to other industry-leading prop firms, Glow Node distinguishes itself with a range of unique features and more relaxed trading rules, catering to traders seeking flexibility and growth opportunities.
Unique Features of Glow Node
Glow Node’s distinct approach in the competitive world of prop trading is evident in several key aspects:
- One-Phase Evaluation Programs: Glow Node simplifies the process with one-phase evaluation programs, offering various account sizes and enabling traders to qualify for bi-weekly payouts upon completion. The profit target is set at 10%, with a maximum daily loss of 4% and a maximum trailing loss of 8%.
- No Minimum or Maximum Trading Day Requirements: Unlike many prop firms, Glow Node does not impose minimum or maximum trading day limits, offering greater flexibility to traders.
- Scaling Plan: The one-phase evaluation program includes a scaling plan, providing an avenue for traders to increase their capital as they demonstrate consistent profitability.
- Customization Options: Glow Node offers two unique funding programs, allowing traders to choose an option that best suits their trading style and objectives.
- Relaxed Trading Rules: Traders have the freedom to trade during news events, hold positions overnight, and trade on weekends, offering more flexibility compared to many traditional prop firms.
- Prohibition on Martingale Strategies: While offering relaxed rules, Glow Node maintains a prohibition on martingale strategies, ensuring responsible trading practices.
These features collectively make Glow Node stand out as an attractive choice for traders who value flexibility, opportunity for growth, and less restrictive trading environments.
