The Trading Pit (CFD)

Reviews (310)
Established: 2021
Region: Europe
Discount: 30%

Basic Introduction

Challenge Steps: 1-Step, 2-Step
Challenge Time: Unlimited
Minimum Trading Day: 5 days
Initial Profit: > 80 %
Instruments: Major/Minor pairs, Indices, Stocks, Metals, Commodities, Cryptocurrencies
Features: (Restrictive) Copy trading is allowed, EA is allowed, Weekend positions are allowed, Challenge fees are refunded, and only account numbers are provided
Account Size:10K, 50K, 100K, 20K
Challenge Fees: Prime (1-step): $99, $199, $349, $569; Prime (2-step): $99, $199, $349, $569; Classic (1-step): $99, $179, $399, $999

Other Introduction

Broker: Orbex
Platform: MT4, MT5, Other platforms

Discount

Promotion Code: TTPGR30WQY5SGL27S9HM
Discount: 30 %
Limited Time Offer: 10/1-10/10
Description:

We will be giving away 10 free 20K accounts to lucky winners. All customers who register before October 15th are eligible to participate. The draw will take place on October 16th, and the winners will be announced.

The Trading Pit Overview

The Trading Pit is a proprietary trading company headquartered in Liechtenstein, founded in 2021, providing traders with the opportunity to demonstrate their skills and earn a lot of money. The company's approach is centered on a challenge-based model in which traders can demonstrate their trading proficiency in order to obtain large amounts of funds.

The Trading Pit's blueprint may include expanding its range of tools, improving trading conditions, and further developing its trader support and education resources. The company emphasizes providing competitive leverage options and catering to a variety of trading instruments, which shows that the company is committed to adapting to various trading strategies and preferences.

The challenge model of The Trading Pit aims to identify and train trading talents, and focuses on responsible trading and risk management. The company is committed to providing a fair evaluation process and solving common trader questions, which reflects its dedication to transparency and trader support.

The Trading Pit CFD funding program uses Orbex as its partner broker.

The Trading Pit (CFD) Features

  • Maximum Capital: Offers account balances up to $100,000 (can be expanded up to $5,000,000) through challenges
  • Profit Split: 50%~80% of the trader's profit sharing (depending on the account size)
  • Trading Instruments: Major/Minor pairs, Futures, Indices, Bonds, Commodities, Stocks, Cryptocurrencies
  • Leverage: CFD products offer maximum leverage of 1:30 (Classic) and 1:50 (Prime) for trading.
  • Trading Platform: MT4, MT5
  • Challenge Types: Offers funding programs for CFD (Contract for Difference) and Futures products. The CFD funding program challenges are available in Prime and Classic modes.
  • Other Features: Swap-free accounts, weekend trading, discounts for reset and extension accounts, one-step challenge evaluation, two-step challenge evaluation.

The Trading Pit (CFD) More Rules

The Trading Pit (CFD) Read only Account

Challenge Type CFD
Trading PlatformMT5
ServerOrbexGlobal-Server
Login Number9031358
Investor Password@4CcByLl

The Trading Pit (CFD) Rules - Prime, Classic

#1 Time Limit: Unlimited

#2 Daily Drawdown: Prime one-step is 4%, two-step is 5%; Classic is 4%.

#3 Maximum Drawdown: Prime one-step is 7%, two-step is 10%; Classic is 7%.

#4 Trading Days: At least 5 trading days are required

#5 Profit Target: 1-step at 10%; 2-step at 8%/5%

#6 Scaling Plan:

  • Prime mode will increase the account balance by 25% upon meeting the following conditions:
    • Account is active for at least 2 months
    • Receive at least 2 payouts
    • Accumulate a total profit of at least 10% on initial balance
  • Classic mode can scale account size upon reaching the profit target:
    • For a 10K account, the profit target to pass is 10%, and the profit target for the scaling plan is 10%
    • For a 20K account, the profit target to pass is 10%, and the profit target for the scaling plan is 10%
    • For a 50K account, the profit target to pass is 10%, and the profit target for the scaling plan is 8%
    • For a 100K account, the profit target to pass is 10%, and the profit target for the scaling plan is 8%

#7 Account Size Types: 10K, 20K, 50K, 100K

#8 Other Conditions: including swap-free account selection, news transactions are allowed, overnight and weekend holding transactions, and refundable registration fees; copying transactions is not allowed

The Trading Pit (CFD) Challenge Fee

Prime: 1-Step Mode

  • $10,000 USD account: $99 USD
  • $20,000 USD account: $199 USD
  • $50,000 USD account: $349 USD
  • $100,000 USD account: $569 USD

 

Prime: 2-Step Mode

  • $10,000 USD account: $99 USD
  • $20,000 USD account: $199 USD
  • $50,000 USD account: $349 USD
  • $100,000 USD account: $569 USD

 

Classic: 1-Step Mode

  • $10,000 USD account: $99 USD
  • $20,000 USD account: $179 USD
  • $50,000 USD account: $399 USD
  • $100,000 USD account: $999 USD