Name: The Trading Pit Futures Challenges
Brand: The Trading Pit Futures

The Trading Pit Futures

CEODaniela Egli

Country

Date Created10/1/2023

Years in Operation3

The Trading Pit Futures Prop Firm Details

Firm Overview

Broker:

Tradovate

Platform:

Ninja Trader

Tradingview

ATAS

Jigsaw Daytradr

Motive Wave

Quantower

Volsys

Tradovate

Volfix

Sierra Chart

Payment Methods:

Apple Pay

Credit Card

Crypto

Google Pay

Paypal

Skrill

Neteller

Giropay

Payout Methods:

Crypto

Riseworks

Type of Instruments:

futures

Contract Sizes

$50,000 Account

Challenge: 5 Standard / 50 Micro Contracts
Earning Account: 2 Standard / 20 Micro Contracts initially
Scaling: Up to 4 Standard / 40 Micro Contracts

$100,000 Account

Challenge: 10 Standard / 100 Micro Contracts
Earning Account: 3 Standard / 30 Micro Contracts initially
Scaling: Up to 5 Standard / 50 Micro Contracts

$150,000 Account

Challenge: 15 Standard / 150 Micro Contracts
Earning Account: 5 Standard / 50 Micro Contracts initially
Scaling: Up to 10 Standard / 100 Micro Contracts

Commissions

NinjaTrader Futures 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: Daily Loss 2% / Maximum Loss 4%
100k: Daily Loss 2% / Maximum Loss 3%
150k: Daily Loss 2% / Maximum Loss 3%

Note: The daily drawdown limit has been eliminated for funded accounts.

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 $150

For each subsequent payout, you need 5 new winning days with a minimum profit of $150 per day
When you request a reward, you may request up to 50% of your current profit buffer, subject to the following maximum caps per request

Maximum Payout:

50k: $2,500
100k: $3,500
150k: $5,000

Example: If you made $3,000 by earning $300 per day for 10 days and your Max DD was $3,000, withdrawing the full $3,000 will cause your account to close. For this reason, you may choose to withdraw a smaller amount and keep the rest as a buffer