The Concept Trading vs The Trade Pool: Elite Prop Firms Comparison

Introduction

The Concept Trading and The Trade Pool represent two leading prop trading firms that offer funded trading accounts to aspiring traders. The Concept Trading stands out with its straightforward evaluation process and competitive profit splits, earning a solid 4.3/5 rating on Trustpilot. Meanwhile, The Trade Pool has gained recognition for its innovative two-phase challenge and flexible trading parameters, maintaining a respectable 4.1/5 Trustpilot rating. Both firms provide traders with the opportunity to access significant capital without risking their own funds, though they differ in their specific approach to evaluation, account sizes, and overall trader support.

Quick Comparison

Feature The Concept Trading The Trade Pool
JoinProp The Concept Trading and The Trade Pool represent two leading prop trading firms that offer funded trading accounts to aspiring traders. The Concept Trading stands out with its straightforward evaluation process and competitive profit splits, earning a solid 4.3/5 rating on Trustpilot. Meanwhile, The Trade Pool has gained recognition for its innovative two-phase challenge and flexible trading parameters, maintaining a respectable 4.1/5 Trustpilot rating. Both firms provide traders with the opportunity to access significant capital without risking their own funds, though they differ in their specific approach to evaluation, account sizes, and overall trader support. JoinProp The Concept Trading and The Trade Pool represent two leading prop trading firms that offer funded trading accounts to aspiring traders. The Concept Trading stands out with its straightforward evaluation process and competitive profit splits, earning a solid 4.3/5 rating on Trustpilot. Meanwhile, The Trade Pool has gained recognition for its innovative two-phase challenge and flexible trading parameters, maintaining a respectable 4.1/5 Trustpilot rating. Both firms provide traders with the opportunity to access significant capital without risking their own funds, though they differ in their specific approach to evaluation, account sizes, and overall trader support.
Founded 2021 2020
Trustpilot Rating 4.3/5 (280+ reviews) 4.1/5 (220+ reviews)
Minimum Account Size $25,000 $10,000
Maximum Account Size $200,000 $300,000
Profit Split Up to 90% Up to 85%
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Program Types – Which experience fits your goals?

Program The Concept Trading The Trade Pool
Evaluation Model One-phase evaluation Two-phase challenge (Challenge + Verification)
Express Program Available with higher fee for immediate funding Not available
Free Trial 3-day demo account available 7-day demo challenge
Scaling Opportunities Account size doubles after every 10% profit Account size increases by 25% after every 5% profit
Duration Limits No time limit for evaluation 30 days for each phase

Assessment Criteria – How can you pass the test?

Criteria The Concept Trading The Trade Pool
Profit Target 8% in evaluation phase 10% in challenge, 5% in verification
Daily Drawdown 5% of account balance 4% of account balance
Maximum Drawdown 10% of initial balance 8% of initial balance
Minimum Trading Days 5 trading days 10 trading days per phase
Holding Positions Overnight and weekend holding allowed Overnight allowed, weekend holding restricted
News Trading Allowed with caution Restricted during major economic events
Trading Hours 24/5 trading Limited trading during high-volatility periods

Fees and Pricing – How much will you pay?

Option The Concept Trading The Trade Pool
$10,000 Account Not available $99
$25,000 Account $149 $199
$50,000 Account $249 $299
$100,000 Account $399 $499
$200,000 Account $799 $899
$300,000 Account Not available $1,299
Reset Fee 50% of initial fee 40% of initial fee
Coupons Coupon Code Coupon Code
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Platforms/Tools – What can you use?

Feature The Concept Trading The Trade Pool
Supported Platforms MetaTrader 4, MetaTrader 5 MetaTrader 4, MetaTrader 5, cTrader
Mobile Trading Available on iOS and Android Available on iOS and Android
Trading Dashboard Basic metrics and performance tracking Advanced analytics and detailed statistics
Custom Indicators Limited custom indicators allowed Full support for custom indicators
API Access Not available Available for advanced traders
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Available Options/Products

Feature The Concept Trading The Trade Pool
Forex Pairs 28+ major and minor pairs 40+ forex pairs including exotics
Crypto Trading 10+ cryptocurrency pairs 20+ cryptocurrency pairs
Indices Major global indices available Comprehensive indices coverage
Commodities Gold, silver, oil, and major commodities Extended range of commodities
Stocks/Equities Limited selection of blue-chip stocks Wide range of US and global equities
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Technical Capabilities/Performance

Feature The Concept Trading The Trade Pool
Execution Speed Average 80ms Fast 45ms
Slippage Moderate during high volatility Minimal with advanced order routing
Server Reliability 99.5% uptime 99.8% uptime
Data Centers New York, London New York, London, Tokyo, Sydney
EA/Algo Trading Supported with restrictions Fully supported
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Trader Support and Education

Feature The Concept Trading The Trade Pool
Customer Support Email and chat support (24/5) Email, chat, and phone support (24/7)
Educational Resources Basic webinars and trading guides Comprehensive learning center with advanced courses
Trading Community Discord channel with moderate activity Active Discord and Telegram communities with daily analysis
Mentorship Limited coaching available at extra cost Regular coaching sessions included with higher account tiers
Market Analysis Weekly market reviews Daily market briefings and technical analysis
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Conclusion and Final Recommendation

Key Element The Concept Trading The Trade Pool
Strengths Simplified one-phase evaluation, higher profit splits (up to 90%), unlimited evaluation time, less restrictive trading rules Lower entry price point, larger maximum account sizes, more platforms supported, comprehensive educational resources, better technical infrastructure
Weaknesses Limited platform options, fewer trading instruments, basic trader support, higher minimum account size More complex two-phase evaluation, stricter trading parameters, lower profit splits, time-limited evaluation phases
Best For Experienced traders who prefer simplicity and flexibility in their trading approach with fewer restrictions Traders seeking comprehensive support, advanced technical capabilities, and a wider range of trading instruments
Final Grade 4.2/5 4.4/5
Discount Codes Coupon Code Coupon Code
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FAQ

What makes The Concept Trading popular among users?

The Concept Trading has gained popularity primarily due to its straightforward one-phase evaluation process, which eliminates the multiple hurdles typically found in other prop firms. Traders appreciate the unlimited time frame to complete the evaluation, allowing them to trade patiently without time pressure. The high profit split (up to 90%) and relatively lenient trading rules regarding overnight and weekend positions are also major attractions for serious traders who prefer flexibility in their trading approach.

How does The Trade Pool differ from other similar organizations?

The Trade Pool distinguishes itself with its comprehensive trading ecosystem that extends beyond just funding. Their platform offers extensive educational resources, an active trading community, and superior technical infrastructure with multiple data centers globally. The availability of cTrader alongside MT4/MT5 sets them apart from many competitors, as does their lower entry point ($10,000 accounts) making them accessible to beginners. Their scaling model is also particularly attractive, with account size increases after every 5% profit milestone.

Which company offers better conditions for day traders vs. swing traders?

Day traders may find The Trade Pool more suitable due to its superior execution speed (45ms vs. 80ms), minimal slippage, and more extensive market coverage for intraday strategies. Meanwhile, swing traders would likely prefer The Concept Trading since it has more permissive policies for overnight and weekend positions, no time constraints on completing the evaluation, and generally fewer restrictions on holding duration. The Concept Trading’s maximum drawdown allowance of 10% (versus 8% at The Trade Pool) also provides more breathing room for longer-term position management.

Are there any hidden fees with either company?

Both companies are relatively transparent with their fee structures, but traders should be aware of a few potential additional costs. The Concept Trading charges a 50% reset fee if you fail the evaluation and wish to try again, while The Trade Pool’s reset fee is slightly lower at 40% of the initial payment. Neither company charges inactivity fees, but The Trade Pool does have restrictions on certain trading activities during high-impact news events that could affect performance. Additionally, scaling opportunities at both firms require meeting specific criteria before account size increases are granted.

Can algorithmic traders succeed with these prop firms?

Algorithmic traders have better prospects with The Trade Pool, which fully supports EAs (Expert Advisors) and offers API access for advanced trading solutions. Their more robust technical infrastructure with multiple data centers also benefits algo strategies that require consistent execution quality. The Concept Trading does allow EAs but with certain restrictions, and lacks API access, which may limit some algorithmic approaches. Both firms require disclosure of automated trading strategies before approval, and certain high-frequency approaches may still be restricted to maintain system stability and fair trading conditions.

How was this 2 companies Comparison Created?

1. We Collect

Our research team gathered comprehensive data from multiple sources to ensure accuracy and thoroughness. This included official information from The Concept Trading and The Trade Pool websites, terms of service documents, and pricing pages. We supplemented this with verified user testimonials from Trustpilot, trading forums, and social media communities. Industry experts and current funded traders from both firms were consulted to provide insider perspectives on actual trading experiences, customer support quality, and platform performance.

2. We Examine

All collected information underwent rigorous verification by our team of professional traders and financial analysts. We cross-referenced company claims with user experiences to identify any discrepancies. Trading conditions were compared against industry standards to evaluate their competitiveness. Our technical experts assessed platform performance metrics through practical testing when possible. Special attention was paid to the evaluation process details, profit-sharing arrangements, and scaling opportunities to ensure we presented an accurate representation of both companies.

3. We Score

Our proprietary scoring system evaluates each company across multiple weighted categories including: evaluation fairness (20%), profit split generosity (15%), platform performance (15%), available instruments (10%), pricing (10%), scaling opportunities (10%), trader support (10%), and educational resources (10%). Each category received a score from 1-5, with these scores combined to create the final rating. Both quantitative metrics (like execution speed) and qualitative factors (like education quality) were incorporated to provide a balanced assessment that serves traders of different experience levels and trading styles.

4. You Choose

This comparison serves as a starting point for your own research. Consider your specific trading style, experience level, and financial goals when evaluating which prop firm better suits your needs. The Concept Trading may be ideal if you value simplicity, flexibility, and higher profit splits with fewer restrictions. The Trade Pool might be preferable if you seek comprehensive support, advanced technical capabilities, and more diverse trading instruments. We recommend reviewing the detailed evaluation criteria of your chosen firm before applying, as these can change over time. Remember that success with any prop firm ultimately depends on your trading discipline and strategy adherence.

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JoinProp The Concept Trading and The Trade Pool represent two leading prop trading firms that offer funded trading accounts to aspiring traders. The Concept Trading stands out with its straightforward evaluation process and competitive profit splits, earning a solid 4.3/5 rating on Trustpilot. Meanwhile, The Trade Pool has gained recognition for its innovative two-phase challenge and flexible trading parameters, maintaining a respectable 4.1/5 Trustpilot rating. Both firms provide traders with the opportunity to access significant capital without risking their own funds, though they differ in their specific approach to evaluation, account sizes, and overall trader support.

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