PropTrue
Traders Launch
Details
| CEO | Max Thomas |
|---|---|
| Established | August 2023 |
| Country | United States |
| Broker | * |
| Platform | Volumetrica Trading |
| Trust Pilot | 3.6 |
| Payment Methods | Credit/Debit Card |
| Payout Methods | Bank Wire, Crypto - Minimum Payout $200 |
Traders Launch Challenge
| Account Balance | $10,000 | $25,000 | $50,000 | $100,000 | $200,000 |
|---|---|---|---|---|---|
| Trading Period | Unlimited | ||||
| Minimum Trading Days | 4 days | ||||
| Maximum Daily Loss | $500 | $1,250 | $2,500 | $5,000 | $10,000 |
| Maximum Loss | $1,000 | $2,500 | $5,000 | $10,000 | $20,000 |
| Profit Target | $1,000 | $2,500 | $5,000 | $10,000 | $20,000 |
| Refundable Fee | €155 | €250 | €345 | €540 | €1,080 |
Trading Instruments
5 MES
5 MNQ
5 MCL
5 MGC
Leverage
| Instrument | Leverage |
|---|---|
| 0 | 5 MES |
| 1 | 5 MNQ |
| 2 | 5 MCL |
| 3 | 5 MGC |
Commissions
- On the Challenge phase there aren't commission
- On the Live Funded Account the commission are the same of Interactive Brokers, you can find it here
Scaling Plan
- The scaling plan allows funded traders to increase their position sizes by 1 mini contract for every 1% increase in their account balance.
- As the balance grows, traders are eligible for larger position sizes, with a maximum of 15 contracts.
- Example: For a 100k account: At 101k: We transition you to an Interactive Brokers or Ninjatrader Account, and any profits exceeding 101k can be withdrawn.
- At 103k: The maximum size increases to 2 mini contracts.
- At 116k: The maximum size reaches 15 contracts.
Once funded traders achieve their initial profit target on the funded account, they become eligible for a payout. At this stage, they start implementing the scaling plan.
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