The Trading Pit vs The Concept Trading: Elite Prop Firms Comparison
Introduction
The Trading Pit and The Concept Trading represent two prominent players in the proprietary trading firm landscape. The Trading Pit stands out with its transparent evaluation process and competitive payout structure, with Trustpilot ratings currently unavailable (flagged by Trustpilot for guidelines breach as of 2026). The Concept Trading, an ASIC-regulated Australian firm founded in 2021, differentiates itself with a one-rule structure (static drawdown only), no daily loss limits, and scaling up to $50 million, holding a 4.6/5 Trustpilot rating from 443 reviews (April 2026). Both firms offer funded account opportunities with distinct evaluation models designed to identify and support skilled traders in different ways.
Quick Comparison
|
| Feature |
The Trading Pit |
The Concept Trading |
|
 |
 |
| Founded |
2022 |
2021 |
| Trustpilot Rating |
Unavailable (flagged 2026) |
4.6/5 (443 reviews, Apr 2026) |
| Evaluation Phases |
1-Step or 2-Step |
1-Step |
| Profit Split |
80% from day one (flat) |
50% to 90% (90% Lock Rule) |
| Account Sizes |
CFD: $5K–$200K; Futures: $50K–$150K |
Programs from $65 (Foundation), scaling up to $50M (Xtreme) |
| Review |
Read full review |
Read full review |
Program Types – Which experience fits your goals?
|
| Program |
The trading pit |
The Concept Trading |
| Standard Evaluation |
Two-phase challenge with consistent profit targets |
Single evaluation phase with flexible achievement timelines |
| Instant/Single-Phase Option |
1-Phase Prime: single-phase evaluation (10% target, 4% daily DD, 7% max DD) |
Instant Funded available on Traditional, Premier, and Xtreme programs |
| Scaling Opportunities |
25% per cycle, no fixed cap (after 2+ months active, 2+ payouts received, 10%+ total profit) |
~70% per level on Traditional/Premier; ~50% on Empire; 80% per level on Xtreme up to $50M |
| Demo/Practice Options |
7-day free demo available |
14-day practice environment included with all plans |
| Educational Integration |
Basic educational resources |
Comprehensive educational platform included with evaluation |
Assessment Criteria – How can you pass the test?
|
| Criteria |
The trading pit |
The Concept Trading |
| Profit Target |
1-Phase Prime: 10%; 2-Phase Prime: 8% (Phase 1), 5% (Phase 2) |
Varies by program: Traditional 6%, Premier 7%, Empire 10%, Xtreme 6%, Foundation 6% |
| Maximum Daily Drawdown |
1-Phase Prime: 4%; 2-Phase Prime: 5% of starting balance |
None – TCT applies static drawdown only |
| Maximum Overall Drawdown |
1-Phase Prime: 7%; 2-Phase Prime: 10% (trailing on equity, CFD) |
Static only: Traditional 4%, Premier 5%, Empire 10%, Xtreme 3%, Foundation 6% |
| Minimum Trading Days |
3 profitable days per phase |
None on Traditional/Premier/Empire/Xtreme; 3 days on Foundation |
| Time Limit |
No time limit on CFD challenges (Futures: 30 days) |
No time limit on any program |
| News Trading Restrictions |
News trading allowed without restriction |
Allowed without restriction across all programs |
| Reset Policy |
Paid resets available after failure |
No separate reset fee – purchase a new challenge to restart |
Fees and Pricing – How much will you pay?
|
| Option |
The trading pit |
The Concept Trading |
| $10,000 Account |
$99 one-time fee |
$129 one-time fee |
| $25,000 Account |
$199 one-time fee |
$249 one-time fee |
| $50,000 Account |
$299 one-time fee |
$329 one-time fee |
| $100,000 Account |
$499 one-time fee |
$549 one-time fee |
| $200,000 Account |
$799 one-time fee |
$899 one-time fee |
| Monthly Fees |
None |
None |
| Coupons |
Coupon Code |
Coupon Code |
| Review |
Read full review |
Read full review |
Platforms/Tools – What can you use?
|
| Feature |
The trading pit |
The Concept Trading |
| Trading Platforms |
cTrader (CFDs); NinjaTrader, Tradovate, Quantower, ATAS, Rithmic R/Trader Pro (Futures) |
MetaTrader 4, MetaTrader 5 |
| Custom Indicators |
Allowed |
Allowed with pre-approval |
| EAs/Automated Trading |
Allowed (no restrictions) |
Allowed across all programs |
| Mobile Trading |
Full platform support |
Available but with limited features |
| Dashboard/Analytics |
Comprehensive performance metrics |
Basic statistics with educational insights |
Available Options/Products
|
| Feature |
The trading pit |
The Concept Trading |
| Forex Pairs |
50+ major and minor pairs |
40+ major and minor pairs |
| Indices |
All major global indices |
Limited selection of US and European indices |
| Commodities |
Gold, silver, oil, natural gas, etc. |
Primary focus on precious metals and energy |
| Cryptocurrencies |
Limited selection |
Wider range available |
| Account Currencies |
USD, EUR, GBP |
USD only |
Technical Capabilities/Performance
|
| Feature |
The trading pit |
The Concept Trading |
| Execution Speed |
Average 50ms |
Average 65ms |
| Server Locations |
New York, London, Tokyo |
New York, London |
| Typical Spreads |
Lower on major pairs |
Slightly higher but more consistent |
| Maximum Leverage |
1:100 during evaluation, 1:20 when funded |
1:50 during evaluation, 1:30 when funded |
| Data/Charting Quality |
Institutional-grade data feeds |
Standard broker-quality feeds |
Support and Resources
|
| Feature |
The trading pit |
The Concept Trading |
| Customer Support Hours |
24/5 |
Mon–Fri, 9am–5pm AEST |
| Support Channels |
Email and live chat |
Email, chat, Telegram |
| Educational Materials |
Basic webinars and articles |
Comprehensive learning center with courses |
| Community Features |
Active Discord community |
Regular webinars and trader meetups |
| Language Support |
English, Spanish, German |
English only |
Payout Structure and Conditions
|
| Feature |
The trading pit |
The Concept Trading |
| Initial Profit Split |
80% trader, 20% firm (flat from day one) |
50%–90% trader (up to 90% via Lock Rule) |
| Maximum Profit Split |
80% (flat – no scaling above 80%) |
90% via the 90% Lock Rule |
| Payout Frequency |
Bi-weekly (every 14 days, CFD Prime) |
Weekly at top level / 90% Lock; otherwise at each scaling target + one monthly |
| Minimum Payout Amount |
$100 |
$200 |
| Payout Methods |
Bank wire, PayPal, Crypto/BinancePay, Apple Pay, Google Pay, Credit/Debit cards |
Bank transfer, Crypto, Revolut, PayPal |
| Payout Processing Time |
1-3 business days |
3-5 business days |
Conclusion and Final Recommendation
|
| Key Element |
The trading pit |
The Concept Trading |
| Strengths |
Multi-asset offering (CFDs, Futures, and Stocks under one firm), no time limit on CFD challenges, all trading styles allowed (scalping, news, EAs), bi-weekly payouts, accessible $49 entry |
ASIC-regulated structure, no daily drawdown (static only), one-step evaluation on most programs, scaling up to $50M via Xtreme, 4.6/5 Trustpilot from 443 reviews |
| Weaknesses |
Trustpilot rating currently unavailable (flagged 2026), profit split capped at 80% (no scaling above), Futures programs include monthly market-data fees ($12–$41 / €25) |
Australian-time-zone customer support primarily (Mon–Fri 9am–5pm AEST), Foundation program is 2-stage (only Traditional/Premier/Empire/Xtreme are 1-step), Xtreme leverage capped at 1:30 |
| Best For |
Multi-asset traders wanting CFDs, Futures, and Stocks under one firm, traders who value no time limits and accessible entry tiers (from $49) |
Experienced traders wanting maximum freedom (no daily DD, all trading styles allowed) and aggressive scaling potential up to $50M |
| Final Grade |
4.25/5 |
4.6/5 |
| Discount Codes |
Coupon Code |
Coupon Code |
| Review |
Read full review |
Read full review |
FAQ
What makes The trading pit popular among users?
The Trading Pit has gained popularity due to its transparent two-phase evaluation system, higher profit splits (up to 80%), and faster execution speeds. Traders particularly appreciate the clear structure of its challenge, consistent scaling opportunities that grow the account by 25% per cycle once consistency criteria are met (2+ months active, 2+ payouts received, 10%+ total profit), and the absence of monthly fees. Its support for cTrader on CFDs and futures-specialised platforms (NinjaTrader, Tradovate, Quantower, ATAS, Rithmic R/Trader Pro) also appeals to traders who prefer platform flexibility.
How does The Concept Trading differ from other similar organizations?
The Concept Trading differentiates itself through its flexible evaluation timeline with no strict deadlines, comprehensive educational resources integrated directly into its platform, and a static-drawdown-only structure with no daily loss limit and one core rule (do not breach the static drawdown). Its focus on trader development rather than just evaluation makes it appealing to newer traders. Additionally, The Concept Trading offers wider cryptocurrency options and a unique approach to scaling that provides aggressive scaling – ~70% per level on Traditional/Premier, ~50% on Empire, and 80% per level on Xtreme up to $50M.
Which firm offers better value for the evaluation fee?
For smaller accounts ($10,000-$25,000), The Trading Pit generally offers better value with lower one-time fees ($99 vs $129 for $10,000 accounts). However, The Concept Trading includes more educational resources and a free reset opportunity, potentially offering better overall value for newer traders who might need multiple attempts. The Trading Pit becomes more cost-effective at higher account levels, especially when considering its higher profit splits (80% flat at TTP vs up to 90% at TCT via the 90% Lock Rule) and more frequent payout options.
Can I use automated trading systems with either firm?
The Trading Pit allows automated trading systems (EAs) without restrictions across all Prime programs (CFD and Futures). These systems must meet their risk parameters and trading rules. The Concept Trading also permits all trading styles – including scalping, hedging, and EAs – across all programs (Foundation, Traditional, Premier, Empire, and Xtreme) on both evaluation and funded accounts. Both firms require pre-approval for custom indicators, with The Concept Trading having a more stringent approval process.
Which firm is better for beginner traders?
The Concept Trading is generally better suited for beginner traders due to its comprehensive educational platform, more flexible evaluation timeline with no strict deadlines, and a one-rule structure (don’t breach the static drawdown). Its single-phase evaluation may be less intimidating than The Trading Pit’s two-phase structure. Additionally, The Concept Trading provides educational insights alongside performance metrics. However, beginners should note that The Trading Pit offers lower starting capital options and potentially easier-to-reach profit targets in its structured phases.
How was this 2 companies Comparison Created?
1. We Collect
Our comparison research began with extensive data collection from official sources, including The Trading Pit and The Concept Trading websites, terms of service documents, and promotional materials. We supplemented this with real trader experiences from Trustpilot, Reddit, and specialized trading forums. Independent reviews from financial experts and proprietary trading specialists were also analyzed to ensure balanced coverage of both firms.
2. We Examine
Our team of financial analysts and experienced traders methodically verified all collected information, cross-referencing details across multiple sources to ensure accuracy. We examined the actual trading conditions by creating test accounts where possible and consulted with current users of both platforms. Special attention was paid to the verification of fee structures, evaluation criteria, and payout terms, as these are critical decision factors for traders.
3. We Score
Our scoring methodology evaluates firms across seven key categories: evaluation structure, trading conditions, platform quality, instrument selection, pricing, support quality, and payout structure. Each category receives a weighted score based on its importance to the average trader. We apply consistent metrics across firms to ensure fair comparisons, with additional consideration given to unique features that provide exceptional value or address common pain points in the industry.
4. You Choose
Use this comparison as a starting point rather than a definitive answer. Consider your trading style, experience level, and financial goals when evaluating which firm might be right for you. The Trading Pit excels for experienced traders seeking higher profit splits and faster execution, while The Concept Trading offers advantages for those who value educational resources and evaluation flexibility. We recommend reviewing the specific trading rules of your chosen firm before committing, as requirements can change and may impact your ability to trade successfully within their framework.
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