Plutus Trade Base – Firm Review
- Exceptional support from successful experts
- Competitive payouts exceeding market standards
- Rapid capital scaling for performers
- Global connections to leading brokers
- Stable execution with minimal slippage
Company Overview
Plutus Trade Base is an innovative prop trading firm that provides traders with the opportunity to access substantial trading capital without risking their own funds. The company offers a structured challenge-based path to becoming a funded trader, where participants must demonstrate consistent profitability and risk management skills. What sets Plutus Trade Base apart is their comprehensive approach to trader development, offering both Standard and Professional challenge programs designed to accommodate various trading styles and experience levels. With competitive profit splits, diverse account sizes, and access to multiple financial markets, Plutus Trade Base creates an environment where skilled traders can scale their operations and potentially earn significant income. The firm emphasizes transparency in its rules and evaluation criteria, making it a suitable option for both novice traders looking to launch their careers and experienced professionals seeking to leverage larger capital bases.
Key Features at a Glance
Challenge Fees
- Standard Challenge – One-time fee starting at $99 for $10,000 account, scaling up based on account size
- Professional Challenge – Premium option with slightly higher fees but more flexible trading parameters
- Discounted Retry – Reduced rates for traders who need to restart a challenge
- Free Challenges – Occasional promotional opportunities to participate in challenges without upfront costs
Account Types
- Standard Account: Balanced trading conditions with a two-phase evaluation process and moderate profit targets
- Professional Account: Enhanced trading parameters with higher daily drawdown limits for experienced traders
- Funded Account: Provided after successful completion of challenge phases, offering real capital with profit-sharing
- Scaling Account: Opportunity to increase account size after demonstrating consistent performance
Profit Split Options
- Standard Split: 70/30 – Traders receive 70% of profits generated in funded accounts
- Performance-Based Scaling: Up to 90/10 – Opportunities to increase profit share based on consistent performance
- First Payout Bonus: Enhanced profit split for initial withdrawal as an incentive
- Loyalty Program: Increased profit share percentages based on account longevity
Account Sizes
- $10,000: Entry-level account ideal for beginners testing their strategies with manageable risk
- $25,000: Mid-tier account offering greater trading flexibility and profit potential
- $50,000: Advanced account size for experienced traders with proven track records
- $100,000: Professional-level account for serious traders targeting substantial monthly returns
- $200,000: Elite account offering maximum capital leverage for top-performing traders
Trading Platforms
- MetaTrader 4: Industry-standard platform with extensive technical analysis tools and expert advisors support
- MetaTrader 5: Advanced multi-asset platform with improved execution speed and backtesting capabilities
- TradingView Integration: Seamless connection with popular charting software for enhanced analysis
- Proprietary Dashboard: Custom interface for tracking challenge progress, metrics, and account status
Financial Markets
- Forex: Major, minor, and exotic currency pairs with competitive spreads and high liquidity
- Indices: Global stock indices including S&P 500, NASDAQ, DAX, and more
- Commodities: Access to energy products, precious metals, and agricultural commodities
- Cryptocurrencies: Trading opportunities in major digital currencies with extended market hours
- Stocks: Select equities from major global exchanges with flexible position sizing
Challenge Programs Detail
Standard Challenge
| Feature | Challenge Phase | Verification Phase |
|---|---|---|
| Duration | 30 days | 60 days |
| Profit Target | 8% | 5% |
| Daily Drawdown | 5% | 5% |
| Maximum Drawdown | 10% | 10% |
| Minimum Trading Days | 10 days | 10 days |
Professional Challenge
| Feature | Challenge Phase | Verification Phase |
|---|---|---|
| Duration | 45 days | 45 days |
| Profit Target | 10% | 5% |
| Daily Drawdown | 6% | 6% |
| Maximum Drawdown | 12% | 12% |
| Minimum Trading Days | 8 days | 8 days |
Challenge Specifications
- Max Allocation: Up to $400,000 available for top-performing traders with proven track records
- Scaling: Incremental account growth of 25% available after every 3 months of consistent profitability
- Trading Competitions: Monthly contests with cash prizes and accelerated funding opportunities
- Free Trial: Occasional 7-day demo challenges to experience the evaluation process without commitment
- Profit Targets: Range from 5% to 10% depending on challenge phase and account type
- Drawdown Structure:
- Daily: 5-6% limit based on previous day’s closing balance
- Maximum: 10-12% total account drawdown from initial balance
- Trailing: Advanced accounts feature trailing drawdown mechanisms that protect profits
Trading Rules and Requirements
- No martingale or grid trading strategies allowed
- News trading permitted but with maximum position size restrictions
- Weekend holding permitted for certain instruments with adjusted margin requirements
- Minimum 10 trading days required during each evaluation phase
- Maximum position size of 5% of account equity in Standard accounts
- No trading during major economic data releases with extreme volatility warning labels
- Correlation trading limited to maximum of 3 pairs from same correlation group
- EA (Expert Advisor) trading allowed after individual strategy review and approval
Company Information
- Established in 2019, headquartered in London with operational offices in key financial centers
- Regulated by financial authorities with proper risk management protocols
- 24/5 customer support available via live chat, email, and phone
- Transparent company structure with publicly available leadership team
- Educational resources provided including webinars, trading guides, and market analysis
- Active community of over 15,000 traders worldwide
Payout Methods
- Bank Wire Transfer (3-5 business days)
- PayPal (1-2 business days)
- Skrill (24-48 hours)
- Neteller (24-48 hours)
- Cryptocurrency (Bitcoin, Ethereum) (Same day processing)
- Wise (formerly TransferWise) (2-3 business days)
Trading Commissions
- Forex: $5 per standard lot round turn
- Indices: $4 per standard lot round turn
- Commodities: Variable commission structure based on market volatility
- Cryptocurrencies: 0.05% per transaction
- Stocks: $0.02 per share with $1 minimum per trade
IP Rules
- VPN usage prohibited during evaluation phases
- Maximum of two IP changes allowed during challenge periods
- Geographic location must be consistent throughout evaluation
- IP changes must be reported to compliance department before implementation
- Multiple account access from same IP requires prior authorization
Video Review
Plutus Trade Base Review
Comprehensive review of Plutus Trade Base trading services
Unique Features
Trader Support System
- One-on-one mentoring with professional traders for funded clients
- Trade analysis tools to identify strengths and weaknesses in strategy
- Advanced performance metrics dashboard with visual analytics
- Psychological coaching to improve trading discipline and emotional control
Technology Innovations
- Proprietary risk management algorithm that helps identify optimal position sizing
- Real-time trade monitoring with instant rule violation alerts
- Custom indicators package exclusive to funded traders
- Mobile app for tracking account performance and market conditions
Why Choose Plutus Trade Base?
Plutus Trade Base stands out in the crowded prop trading industry through its commitment to trader development and sustainable growth. Unlike firms that focus primarily on challenge fees, Plutus Trade Base has designed its evaluation process to identify and nurture consistently profitable traders.
Key advantages include:
- Transparent evaluation criteria with reasonable profit targets and risk parameters
- Competitive scaling system that rewards consistent performance with increased capital
- Comprehensive educational resources from basic concepts to advanced strategies
- Rapid payout system with multiple withdrawal options for international traders
- Responsive customer support team with deep understanding of trading challenges
- Fair retry policies that recognize market volatility and trading realities
Frequently Asked Questions
How long does it take to get funded?
The funding timeline depends on your trading performance. If you successfully complete both the Challenge Phase and Verification Phase according to the rules, you can expect to receive funding within 3-5 business days after verification completion. Most traders who pass both phases without violations receive their funded accounts within a week after completing the verification phase.
Can I hold positions over the weekend?
Yes, Plutus Trade Base allows weekend position holding for most instruments. However, due to weekend gap risk, position sizes may be subject to additional margin requirements. Cryptocurrency positions can be held without restrictions, while forex and certain volatile indices have a 50% maximum allocation restriction for weekend holding to manage gap risk effectively.
What happens if I break a rule?
Rule violations are handled case-by-case based on severity. Minor violations typically result in warnings, while critical violations like breaching maximum drawdown limits will result in challenge termination. The compliance team reviews each situation individually, and first-time minor violations may receive leniency with educational guidance. Repeated violations, however, will lead to account suspension or termination.
Can I trade news events?
News trading is permitted at Plutus Trade Base with certain limitations. During major economic announcements (such as NFP, FOMC), position sizes are restricted to 2% of account equity to manage volatility risk. Additionally, the platform provides a news calendar with volatility ratings to help traders prepare for significant market events and adjust their exposure accordingly.
How often can I withdraw profits?
Funded traders can request profit withdrawals on a bi-weekly basis (every two weeks). The minimum withdrawal amount is $100, with no maximum limit besides available profits. The first profit withdrawal is processed after completing 2 weeks of profitable trading in the funded account. After establishing a withdrawal history, express withdrawal options become available with faster processing times.
