Glow Node, a prop trading firm established in April 2022 by Sam Bradbury and Ryan Beasley, is based in the heart of London, UK. This firm offers global traders two distinct funding programs, including a specialized two-step evaluation process designed to facilitate access to trading capital up to $1,000,000. Let’s delve into the intricacies of the Two-Step Evaluation process to determine if it aligns with your trading goals.

Glow Node Two-Step Evaluation: Account Sizes and Pricing

The Two-Step Evaluation offers various account sizes, each with a corresponding enrollment fee, ranging from $5,000 for $50 to $200,000 for $999. This tiered structure provides traders with the flexibility to choose an account size that best fits their trading strategy and risk tolerance.

Phase 1: Initial Evaluation Requirements

In the first phase of the evaluation, traders are tasked with achieving an 8% profit target without exceeding a 5% maximum daily loss or a 10% maximum loss threshold. Notably, there are no specified minimum or maximum trading day requirements, allowing traders to progress at their own pace, provided they meet the profit objective without violating the loss limits.

Phase 2: Advanced Evaluation Requirements

Progressing to the second phase, the profit target is adjusted to 5%, with the same 5% maximum daily loss and 10% maximum loss rules applied. Similar to phase one, there are no trading day constraints, offering traders the flexibility to reach the profit target on their own timeline, as long as the loss parameters are adhered to.

Transition to a Funded Account

Upon successful completion of both evaluation phases, traders are granted a funded account. In this stage, there are no profit targets; however, the 5% maximum daily loss and 10% maximum loss rules remain in effect, emphasizing risk management in live trading scenarios.

The Two-Step Evaluation by Glow Node is meticulously designed to identify and nurture trading talent, providing a structured pathway to a funded account. Whether this evaluation process is suitable for you depends on your trading style, risk management practices, and career aspirations in the prop trading domain.

For traders aiming to embark on a professional trading journey, Glow Node’s Two-Step Evaluation presents a viable avenue to prove their trading proficiency and gain access to substantial trading capital.

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