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Traders With Edge: Reviews And In-Depth Analysis

Traders With Edge is a prop trading firm located in the US.

In this article, you’ll get a review of this prop firm, including analysis and instructions to get funded with an account from Traders With Edge.

Here’s what you’re going to learn:

What Is Traders With Edge?

Traders With Edge is a prop firm located in the US. It was founded in 2022 so it’s a new company funding traders.

What Can You Trade With Traders With Edge?

Traders With Edge is a prop firm that funds traders to trade Forex and other CFDs trading assets.

Here’s a list of all of the instruments:

  • Forex: Major and minor currency pairs.
  • Indices: Dax, Dow Jones, Nasdaq, FTSE, and many others.
  • Commodities: Oil.
  • Metals: Gold and Silver
  • Cryptocurrencies: BTC, ETH, LTC.
  • Stocks: 500+ individual stocks.

What Are The Traders With Edge Account Sizes?

Traders With Edge funds traders with account balances that go from $5,000 up to $1,000,000. These accounts can be scaled up to $3,000,000 as you keep having good results trading.

Depending on the product that you choose, you may get instant funding or need to pass a 1-phase or 2-phase evaluation process.

The prices of the products are different according to the account size that you are applying to.

The prices of the smaller funded account start at $55 and go up to $15,000 for the bigger account.

What Is The Traders With Edge Leverage?

The leverage provided by the prop firm depends on the account type that you are trading. Here’s the list of leverage by account type:

Turtle Accounts:

  • Forex: 1:100
  • Metals: 1:100
  • Oil: 1:100
  • Indices: 1:20
  • Stocks: 1:5
  • Cryptocurrencies: 1:2

Hare Accounts:

  • Forex: 1:100
  • Metals: 1:100
  • Oil: 1:100
  • Indices: 1:50
  • Stocks: 1:10
  • Cryptocurrencies: 1:2

How Much Is The Traders With Edge Payout?

The profit split is 80% for the Turtle and Hare programs. These are the ones that have 1-step or 2-step evaluations.

For the instant funding accounts, the profit split is 50%.

There are other prop firms with higher payouts, but we can say that this is pretty much the industry standard. The program with instant funding gives you a smaller split, 50%, which is also normal for these account types.

Traders With Edge Reviews

According to Trustpilot, Traders With Edge is classified as excellent. It’s scoring 4.4/5.0 after 36 reviews from users.

Traders With Edge Turtle Accounts

The Turtle Accounts are the 1-step challenge accounts.

This product has a profit target to achieve in a minimum of 10 days, and no time limit. You also need to avoid exceeding a maximum loss and maximum daily loss.

Here are all the details for the standard and aggressive accounts.

Turtle Standard Accounts

  • Minimum days to trade: 10 days.
  • Challenge duration: Unlimited number of days to trade.
  • Maximum daily loss: 3%
  • Maximum loss: 6%
  • Profit target: 10%

Turtle Aggressive Accounts

  • Minimum days to trade: 10 days.
  • Challenge duration: Unlimited number of days to trade.
  • Maximum daily loss: 5%
  • Maximum loss: 10%
  • Profit target: 20%

Traders With Edge Instant Accounts

The Instant Accounts were made for traders who want to get funded immediately.

This product has a profit target to achieve. There is no limit to achieve the target, you can take as much time as you need. After that, the account balance is scaled and there are no more maximum trading days. You just need to avoid exceeding a maximum loss.

Here are all the details for the standard and aggressive accounts.

Instant Standard Accounts

  • Minimum days to trade: 5 days
  • Maximum trading days: No limit.
  • Maximum Loss (static): 5%
  • Profit target: 10%

Instant Aggressive Accounts

  • Minimum days to trade: 5 days
  • Maximum trading days: No limit.
  • Maximum Loss (static): 10%
  • Profit target: 20%

Traders With Edge Hare Accounts

The Hare Accounts are the 2-step challenge accounts.

This product has a profit target to achieve in a minimum of 5 days per phase, and up to 60 days per phase. You also need to avoid exceeding a maximum loss and maximum daily loss.

Here are all the details for the standard and aggressive accounts.

Hare Standard Accounts

  • Minimum days to trade: 5 days/phase.
  • Maximum trading days: As many as you need.
  • Maximum daily loss: 5%/phase.
  • Maximum loss: 10%/phase.
  • Profit target: 10% at phase 1 and 5% at phase 2.

Hare Aggressive Accounts

  • Minimum days to trade: 5 days/phase.
  • Maximum trading days: No limit.
  • Maximum daily loss: 10%/phase.
  • Maximum loss: 20%/phase.
  • Profit target: 20% at phase 1 and 10% at phase 2.

Traders With Edge EAs (Expert Advisors)

If you like to use EAs to trade, Traders With Edge is a great prop firm for you. They allow EAs although it’s advised to use your own EA since copy trade is not allowed. If someone else is using the same EA, that could be considered copy trading.

Traders With Edge Free Trial

Traders With Edge offers a 14-day free trial. Please use the link below to get it.

Traders With Edge Free Repeat

Traders With Edge doesn’t provide free repeats. However, you have a discount when you retake a challenge after the first. Use the link below to access the repeat discount.

Traders With Edge Platforms

Traders With Edge gives you access to the most popular trading platforms used by Forex brokers.

You can use:

  • MetaTrader 4
  • MetaTrader 5
  • DXtrade
  • MatchTrader

Traders With Edge Trading Hours

Holding trades overnight is allowed on all programs. You can have your positions open for as long as you want according to your own trading style.

The same applies to holding trades over the weekend. Just be careful with daily and weekend gaps.

Traders With Edge News Trading

There are no restrictions on news trading. You just need to be careful with the volatility, but if you’re like me, those are the best times of the day to trade. Just don’t exceed your maximum safe lot size and manage your trades properly.

Is Traders With Edge Legit?

Yes, Traders With Edge is a legit company.

Here are the contacts to reach them:

  • Email: support@traderswithedge.com
  • Address: 30 Cook Ave, Madison, NJ 07940, USA
  • Phone: +1 800-972-3343

You can also contact them through the live chat on their website.

Traders With Edge Alternatives

Here’s the list of the best Traders With Edge alternatives:

For more alternatives check our alternative prop firm tool:

Get Alternatives To Any Prop Firm

Recap

  • Traders With Edge is a prop trading firm based in the US.
  • You can get a funded account with up to $1,000,000 in balance, which can scale up to $3,000,000 and an 80% profit split payout.
  • To get access to a funded account you have three options: instant funding programs, one-phase, and two-phase challenge programs.
  • You can trade Forex and other CFDs like Indices, Commodities, Metals, and Cryptocurrencies.
  • The popular MT4, MT5, DXtrade, and MatchTrader platforms are available to trade.

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