In this comprehensive review, we delve into Traders with Edge, a pioneering prop trading firm. We’ll explore its unique funding options, competitive advantages, and the potential it offers traders for growth and success in the dynamic world of proprietary trading.
In this comprehensive review, we delve into Traders with Edge, a pioneering prop trading firm. We’ll explore its unique funding options, competitive advantages, and the potential it offers traders for growth and success in the dynamic world of proprietary trading.
- Multiple Funding Options Available.
- Scaling Potential Up to $3 Million.
- Competitive 80/20 Profit Split.
- Simple and Clear Challenge Rules.
- Strong Early Track Record.
Traders with Edge: An In-Depth Look
Traders with Edge, a prop trading firm, provides traders with a range of options for initial capital, ranging from $5,000 to $1,000,000. This flexibility allows both novice and experienced traders to find a plan that suits their needs.
Key Features of Traders with Edge
- Initial Capital Options: Varies from $5,000 to a substantial $1,000,000.
- Price Range: Accessible pricing starting at $55 and extending up to $15,000.
- Profit Split: Offers a competitive profit share between 50% and 80%.
- Maximum Drawdown: Managed risk with a drawdown limit set between 5% and 10%.
- Profit Target: Achievable profit goals ranging from 5% to 20%.
- Diverse Trading Products: Includes Forex, Indices, Metals, Commodities, Stocks, and Crypto.
These features highlight the flexibility and range of options the London-based company provides, catering to various trading styles and preferences.
Traders with Edge: Revolutionizing Prop Trading
Founded in 2022, Traders with Edge has quickly established itself as a prominent prop trading firm, welcoming traders of all experience levels. This London-based company is known for its innovative approach in evaluating traders using challenge accounts.
Unique Features of Traders with Edge
Key aspects that set the funded programme apart include:
- Evaluation through Challenge Accounts: A unique system that assesses traders before they manage live funds.
- Access to Funded Live Accounts: Successful traders can manage up to $3 million USD, offering significant growth potential.
- Two Distinct Challenge Options: The “Turtle” and “Hare” challenges cater to different trading styles.
- Exclusive “Big League” Opportunity: Designed for long-term traders, highlighting the firm’s commitment to career growth.
Traders with Edge’s focus on diverse trading strategies and asset classes makes it a versatile platform, suitable for both new and seasoned traders looking to expand their horizons.
Understanding the Functioning of Traders with Edge
Traders with Edge operates in a manner akin to most proprietary trading firms, offering demo accounts for traders to demonstrate their expertise. The process is governed by clear rules, including a scaling target and a required minimum number of trading days.
Process and Opportunities at Traders with Edge
- Proving Skills on Demo Accounts: Traders start by showcasing their abilities on a demo account.
- “Turtle” and “Hare” Challenges: These consist of a one-phase and a two-phase challenge, respectively, to test trader proficiency.
- Transition to Funded Live Accounts: Successful completion of the challenges, which includes adhering to rules and meeting profit targets, leads to a live funded account.
- Uncapped Account Growth: Traders have the potential to scale their capital up to $3 million USD, with no cap at the challenge amount passed.
- The Big League for Long-Term Traders: After two years, traders can enter “The Big League,” offering opportunities to manage up to $30 million USD through partnerships with larger institutions.
This section sheds light on the operational model of the London-based prop firm and its unique aspects, including how it generates revenue through challenge fees and profit sharing.
Distinctive Features of Traders with Edge
Traders with Edge distinguishes itself in the competitive world of proprietary trading firms with a range of features that cater to various trading preferences and strategies.
Exclusive Offerings by Traders with Edge
- Diverse Funding Options: Unlike many prop firms that offer limited account sizes or paths to funding, Traders with Edge provides two challenge options (“Turtle” and “Hare”) along with the choice of instant funding for a higher fee.
- Scaling Up to $3 Million: Traders have the opportunity to significantly increase their account size to $3 million, a cap higher than many competitors.
- Extended Opportunities in the “Big League”: For long-term traders, working with Traders with Edge for over two years opens doors to managing funds up to $30 million.
- Highly Competitive Profit Split: The firm offers an impressive 80/20 profit split, outperforming many in the industry.
- Sensible and Straightforward Rules: The challenge rules are designed to be standard and manageable, reducing unnecessary stress for traders.
- Proven Track Record: Despite its recent founding in 2022, Traders with Edge has already garnered a 4.4/5 “Excellent” rating, showcasing its reliability and trustworthiness in the prop trading domain.
This section outlines the key aspects that set Traders with Edge apart from other firms, underlining why it is a preferred choice for many traders.
Pricing and Plans at Traders with Edge
Traders with Edge offers a variety of account types, each available in either a standard or aggressive format. To provide a clearer picture of their pricing structure, here are a few sample plans:
Sample Plans for Understanding Traders with Edge’s Pricing
- Turtle (Standard) | $10,000
- Profit Target: 10%
- Maximum Loss: 5%
- Minimum Trading Days: 10
- Participation Fee: $100
- Hare (Aggressive) | $25,000
- Profit Target: 20%
- Maximum Loss: 20%
- Minimum Trading Days: 5
- Participation Fee: $440
- Instant (Standard) | $10,000
- Scaling Target: 10%
- Maximum Loss: 5%
- Minimum Trading Days: 5
- Participation Fee: $500
To get a comprehensive understanding of all the options available, it is advisable to visit the Traders with Edge website for the latest details and full plan offerings.
Evaluating the Value of Traders with Edge
For those exploring the world of proprietary trading firms, Traders with Edge merits serious consideration. It stands out in several key areas, making it a potentially valuable choice for various traders.
Assessing the Benefits of Traders with Edge
- Competitive Pricing: Offers plans that are both accessible and value-oriented.
- Flexibility in Trading Assets and Account Types: Caters to a wide range of trading styles and preferences with its diverse offerings.
- Established Track Record: Boasts a commendable 4.4/5 rating on Trustpilot, highlighting customer satisfaction and reliability.
To make a well-informed decision, potential traders are encouraged to visit Traders with Edge and explore whether it aligns with their trading objectives and style.