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:
Traders With Edge is a prop firm located in the US. It was founded in 2022 so it’s a new company funding traders.
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:
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.
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:
Hare Accounts:
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.
According to Trustpilot, Traders With Edge is classified as excellent. It’s scoring 4.4/5.0 after 36 reviews from users.
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.
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.
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.
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 offers a 14-day free trial. Please use the link below to get it.
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 gives you access to the most popular trading platforms used by Forex brokers.
You can use:
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.
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.
Yes, Traders With Edge is a legit company.
Here are the contacts to reach them:
You can also contact them through the live chat on their website.
Here’s the list of the best Traders With Edge alternatives:
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