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The Trading Pit

3.8

The Trading Pit aims to set a new global benchmark for trading and investing. By offering advanced tools and knowledge, it helps traders become successful partners in the firm. Traders can manage account sizes of up to $100,000 and receive profit splits of up to 80%, allowing them to trade various financial instruments, including forex pairs, commodities, indices, stocks, and cryptocurrencies.


Who is The Trading Pit?

The Trading Pit is a proprietary trading firm registered under The Trading Pit Challenge GmbH, founded in February 2022. It operates across multiple locations, including Vaduz, Liechtenstein, Limassol, Cyprus, and Alcobendas, Madrid. The firm is led by CEO Thomas Heyden, a financial expert with a strong background in investment management and fund strategy.

The Trading Pit offers three account types: a two-step evaluation, and two one-step evaluations, partnering with FXFlat and GBE Brokers as its brokers.

Headquartered at Landstrasse 63, 9490 Vaduz, Liechtenstein, the company is committed to offering traders a comprehensive, supportive trading environment.


CEO – Thomas Heyden

CEO Thomas Heyden is a certified financial analyst with experience in managing investment funds, hedging commodity price risks for large German corporations, and working at international investment houses. He has been recognized with the German Fund Award for his success in fund management and has a wealth of expertise in foreign exchange risk and capital markets.


Funding Program Options

The Trading Pit offers three distinct funding programs:

  1. Prime Two-phase Evaluation

  2. Prime One-phase Evaluation

  3. Classic One-phase Evaluation


Prime Two-phase Evaluation

The Prime Two-phase Evaluation allows traders to manage accounts ranging from $5,000 to $100,000 with 1:50 leverage.

Pricing:

  • $5,000: €49

  • $10,000: €99

  • $20,000: €199

  • $50,000: €349

  • $100,000: €569

The evaluation consists of two phases:

  • Phase 1: Reach a 5% profit target with a 5% maximum daily loss and 10% maximum loss. No minimum trading days required, but you must trade for at least five days.

  • Phase 2: Achieve a 5% profit target with a 4% maximum daily loss and 8% maximum loss. You must trade for at least five days to proceed.

Once successful, traders are awarded a funded account with a 100% profit split and payouts starting 14 days after placing your first position, with subsequent payouts available bi-weekly.

Prime Two-phase Evaluation Scaling Plan

Traders who meet performance criteria (10% profit over two months and two payouts) qualify for a 25% increase in their account size. This scaling can continue, with increases every 4th milestone.


Prime One-phase Evaluation

The Prime One-phase Evaluation is a single-phase evaluation with account sizes ranging from $5,000 to $200,000 with 1:50 leverage.

Pricing:

  • $5,000: €49

  • $10,000: €99

  • $20,000: €199

  • $50,000: €349

  • $100,000: €569

  • $200,000: €1,139

Traders must reach a 10% profit target with a 4% maximum daily loss and 7% maximum loss. After completing the evaluation, traders are awarded a funded account with a 100% profit split, and payouts start 14 days after the first position. Bi-weekly payouts are also available.

Prime One-phase Evaluation Scaling Plan

Traders who maintain profitability for two months and receive two payouts are eligible for a 25% account size increase.


Classic One-phase Evaluation

The Classic One-phase Evaluation is for traders who want a one-step challenge with account sizes ranging from $10,000 to $100,000 with 1:50 leverage.

Pricing:

  • $10,000: €99

  • $20,000: €179

  • $50,000: €399

  • $100,000: €999

This evaluation requires a 10% profit target with a 4% maximum daily loss and 7% maximum trailing loss. Traders must also complete 5 trading days to proceed. Funded accounts come with a profit split of 50% up to 80%, depending on account size, and payouts are available bi-weekly.

Classic One-phase Evaluation Scaling Plan

The Classic One-phase Evaluation includes a scaling plan with potential account increases from $500,000 to $5,000,000, depending on the trader’s success.


What Makes The Trading Pit Different?

The Trading Pit stands out due to its range of funding programs, including both two-step and one-step evaluations. It also offers a scaling plan, unlimited trading periods, and a bi-weekly payout structure. Traders can qualify for a 100% profit split and an option for a monthly salary for top performers.


Comparison with Competitors

  • FundedNext: Both firms have similar profit targets and maximum loss limits. However, The Trading Pit offers bi-weekly payouts and scaling from $500,000 to $5,000,000.

  • E8 Markets: The Trading Pit offers a more flexible trading time and better profit split options (80%).

  • PipFarm: The Trading Pit has a larger profit split range (50%-80%) compared to PipFarm‘s 70%-95%.

  • Goat Funded Trader: The Trading Pit offers more favorable terms for profit splits, starting at 50% up to 80% based on account size.

 


Realistic Capital Acquisition

The trading goals of The Trading Pit are realistic with a 5% maximum daily loss and 10% overall loss for Phase 1. Phase 2 has more manageable targets of 5% profit with a 4% daily loss limit. There are no maximum trading day requirements in either phase, and only minimum trading day requirements are imposed in Phase 2 (five days).


Payment Proof

Traders who achieve funded status with The Trading Pit can expect their first payout 14 days after placing their first trade, with subsequent withdrawals available bi-weekly. The payment process is transparent, with Trustpilot reviews and Discord channels offering real feedback from successful traders.


Broker and Trading Platforms

The Trading Pit partners with FXFlat and GBE Brokers as liquidity providers, offering trading via MetaTrader 4 or MetaTrader 5. They also support forex, commodities, indices, and cryptocurrencies with leverage of up to 1:20.


Education

The Trading Pit offers a comprehensive trading dashboard, webinars, ebooks, podcasts, videos, and an economic calendar to assist traders.


Conclusion

The Trading Pit offers a reliable, transparent, and scalable trading experience for traders at any level. With flexible evaluations, realistic profit targets, and scaling options up to $5 million, they provide everything traders need to succeed. Their 100% profit split and monthly salary options make them a highly attractive option for traders worldwide.

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