CEODaniela Egli
Country
flag
LI
Date Created10/1/2023
Years in Operation2.5

The Trading Pit Futures Prop Firm Details

Firm Overview

Broker:

TradovateTradovate

Platform:

Ninja TraderNinja TraderTradingviewTradingviewATASATASJigsaw DaytradrJigsaw DaytradrMotive WaveMotive WaveQuantowerQuantowerVolsysVolsysTradovateTradovateVolfixVolfixSierra ChartSierra Chart

Payment Methods:

Apple PayApple Pay Credit Card Credit CardCryptoCrypto Google Pay Google PayPaypalPaypalSkrillSkrillNetellerNetellerGiropayGiropay

Payout Methods:

CryptoCryptoRiseworksRiseworks

Type of Instruments:

futures

Leverage

  • 50k: 5 minis / 50 micros

  • 100k: 10 minis / 100 micros

  • 150k: 15 minis / 150 micros

Note: Challenge duration is 30 days, account will be closed if not passed, you can pay for a reset to start again with lower cost

Commissions

Account Sizes

  • $50k

  • $100k

  • $150k

Note: Challenges are valid for 30 days only. Extensions are available as an add-on

Note: You need a minimum of 5 trading days to pass the challenge

Max Allocation

  • You can trade up to a total of 5 funded accounts

Example: 5 accounts of 50k for a total of 250k or 5 accounts of 150k for a total of 750k

Daily & Maximum Loss

  • 50k: 2% Daily Loss / Maximum Loss 4%

  • 100k: 2% Daily Loss / Maximum Loss 3%

  • 150k: 2% Daily Loss / Maximum Loss 3%

Drawdown

  • All Challenges & Funded Accounts: Trailing EOD Drawdown

Consistency Rules

  • Challenge: 40%

  • Funded: None

News Trading

Allowed

  • Both Challenges & Funded

Not Allowed

  • None

Overnight & Weekends Holding

  • Overnight holding is not allowed; trades will be closed automatically by the system before the end of the trading day.

Copy Trading

Allowed

  • Copy trading is allowed between The Trading Pit challenges and funded accounts up to 5 accounts, all under the same name

  • Copy trading between The Trading Pit and other prop firms is allowed if the trader owns all accounts involved. The Trading Pit may request verification that all accounts are registered under the exact same name, and any variation in spelling or identity will not be accepted

Best website/app to copy trades between your own accounts:

https://bit.ly/4rSqXq7

Not Allowed

  • Copying trades between your Futures Challenge accounts and your Futures Funded accounts is prohibited, copying is only allowed from challenge to challenge or funded to funded

  • Copying trades from other traders inside or outside The Trading Pit, including signals, is prohibited

Experts

Allowed

  • Trade using your own Expert Advisor

Not Allowed

  • Performing any prohibited activities such as scalping for a few seconds, HFT, hedging, or arbitrage

VPN/VPS

  • We allow the use of a VPS only for your Expert Advisor

Payout Policy

  • Minimum 5 winning days of 200$

  • After the 2nd payout you can request a payout every 7 days for profits over 200$ with no requirement for profitable days

  • At least 500$ profit is required after your last withdrawal before requesting another payout

  • You may request a payout for the full amount of your profit, however be careful because Max DD is trailing on the EOD balance until it reaches the starting balance


Example: If you made 3000$ by earning 300$ per day for 10 days and your Max DD was 3000$, withdrawing the full 3000$ will cause your account to close. For this reason you may choose to withdraw a smaller amount and keep the rest as a buffer

Inactivity Rules

  • The account will be closed if there are no opened or closed positions for 21 consecutive days

Prohibited Strategies

  • Account or device sharing, grid strategy, HFT, and martingale

Restricted Countries

Afghanistan
Afghanistan
Albania
Albania
Antarctica
Antarctica
Belarus
Belarus
Burkina Faso
Burkina Faso
Chad
Chad
Congo
Congo
Cote d'Ivoire
Cote d'Ivoire
Cuba
Cuba
Djibouti
Djibouti
East Timor
East Timor
Guinea-Bissau
Guinea-Bissau
Iran
Iran
Lesotho
Lesotho
Libya
Libya
Malawi
Malawi
North Korea
North Korea
Palestine
Palestine
Rwanda
Rwanda
Sierra Leone
Sierra Leone
Somalia
Somalia
Sudan
Sudan
South Sudan
South Sudan
Syria
Syria
Tajikistan
Tajikistan
Yemen
Yemen
Iraq
Iraq

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