Equity Edge – Prop Firm Review
- Superior financial markets learning platform
- Swift funding process, minimal waiting
- Competitive scaling model for traders
- Advanced tools maximize earning potential
- Responsive assistance whenever required
Company Overview
Equity Edge is a UK-based proprietary trading firm that offers traders the opportunity to access substantial trading capital after proving their skills through structured evaluation processes. Founded with the mission to identify and support talented traders, Equity Edge stands out for its flexible challenge programs designed for both novice and experienced market participants. The firm provides access to a diverse range of financial markets including forex, indices, commodities, and cryptocurrencies, with an emphasis on creating a sustainable path to professional trading.
What distinguishes Equity Edge is their commitment to trader development, offering comprehensive educational resources alongside their funding programs. Their two-phase evaluation process (Challenge and Verification) is structured to identify disciplined traders who can consistently generate profits while managing risk effectively. Successful traders gain access to funded accounts with generous profit splits and potential for capital scaling based on performance.
Key Features at a Glance
Challenge Fees
- Standard Challenge – One-time fee varying by account size ($5,000: £139, $10,000: £179, $25,000: £249, $50,000: £349, $100,000: £499, $200,000: £999)
- Professional Challenge – One-time fee varying by account size with faster evaluation process ($5,000: £169, $10,000: £209, $25,000: £299, $50,000: £399, $100,000: £599, $200,000: £1,199)
- No monthly fees after funding – Only pay once for the challenge evaluation
Account Types
- Standard Challenge: Two-phase evaluation (Challenge + Verification) with 10% profit target in each phase, maximum 60-day duration per phase
- Professional Challenge: Accelerated two-phase evaluation with 8% profit target in each phase, maximum 45-day duration per phase
- Funded Account: Live trading account with real capital after successful completion of both evaluation phases
Profit Split Options
- Standard Split: 80/20 profit split (80% to trader, 20% to firm) for all funded accounts
- Scaling Plan: Opportunity to increase profit split to 90/10 after demonstrating consistent performance
- First Payout: Available after minimum 2 weeks of profitable trading on funded account
Account Sizes
- $5,000: Entry-level account suitable for beginners with lower capital requirements
- $10,000: Popular starter account balancing affordable entry and reasonable trading potential
- $25,000: Mid-tier account offering expanded trading opportunities with manageable risk parameters
- $50,000: Advanced account for experienced traders seeking substantial capital
- $100,000: Professional-level account for high-performance traders
- $200,000: Elite account offering maximum capital allocation for top-performing traders
Trading Platforms
- MetaTrader 4 (MT4): Industry-standard platform with comprehensive technical analysis tools and customization options
- MetaTrader 5 (MT5): Next-generation platform with advanced charting capabilities and access to multiple asset classes
- TradingView: Web-based platform with social trading features and extensive indicator library
Financial Markets
- Forex: Major, minor and exotic currency pairs with competitive spreads
- Indices: Global stock indices including US30, S&P 500, FTSE, DAX, and others
- Commodities: Gold, silver, oil, natural gas, and other essential raw materials
- Cryptocurrencies: Major digital assets including Bitcoin, Ethereum, and other popular altcoins
Challenge Programs Detail
Standard Challenge
| Feature | Challenge Phase | Verification Phase |
|---|---|---|
| Duration | Maximum 60 days | Maximum 60 days |
| Profit Target | 10% | 10% |
| Daily Drawdown | 5% | 5% |
| Maximum Drawdown | 10% | 10% |
| Minimum Trading Days | 10 days | 10 days |
Professional Challenge
| Feature | Challenge Phase | Verification Phase |
|---|---|---|
| Duration | Maximum 45 days | Maximum 45 days |
| Profit Target | 8% | 8% |
| Daily Drawdown | 5% | 5% |
| Maximum Drawdown | 10% | 10% |
| Minimum Trading Days | 8 days | 8 days |
Challenge Specifications
- Max Allocation: Up to $200,000 initially, with potential to scale to over $1,000,000 based on performance
- Scaling: 25% account increase after every 10% profit achieved on funded account
- Trading Competitions: Monthly contests for challenge and funded traders with cash prizes
- Free Trial: 7-day demo account available for testing the platform before purchase
- Profit Targets: 10% for Standard Challenge, 8% for Professional Challenge in each phase
- Drawdown Structure:
- Daily: 5% maximum loss from starting balance each trading day
- Maximum: 10% total drawdown from initial account balance
- Trailing: Not implemented – fixed drawdown levels measured from starting balance
Trading Rules and Requirements
- No holding positions over weekends unless specifically approved
- Minimum 10 trading days required for Standard Challenge, 8 days for Professional Challenge
- No automated trading or EAs permitted during evaluation phases
- No hedging or arbitrage strategies allowed
- Major news trading permitted but with caution regarding increased volatility
- Maximum open lot size limited to 5% of account balance
- Authentication through ID verification required for funding
Company Information
- Established in 2021 in the United Kingdom
- Registered business with UK Companies House
- 24/7 customer support via live chat, email, and discord community
- Educational resources including webinars, trading guides, and strategy sessions
- Global trader access with support in multiple languages
Payout Methods
- Bank Transfer (2-5 business days)
- PayPal (1-2 business days)
- Wise (1-3 business days)
- Bitcoin/Cryptocurrency (Same day processing)
- Minimum withdrawal amount: $50 equivalent
- Profit withdrawals available every 2 weeks after initial funding
Trading Commissions
- Forex: Average spread 0.5-1.0 pips on major pairs
- Indices: $0.50-$1.00 per standard lot
- Commodities: $2.00-$3.00 per standard lot
- Cryptocurrencies: 0.1% per side on notional value
- No hidden fees or additional trading costs
IP Rules
- Maximum 2 IP addresses permitted per account
- VPN usage not allowed during challenge phases
- Address verification required for funded accounts
- Consistent trading location recommended but travel flexibility available with prior notice
- Multiple devices allowed if logged from same location
Video Review
Equity Edge Review
Comprehensive review of Equity Edge trading services
Unique Features
Educational Resources
- Weekly webinars with professional traders
- Trading psychology coaching sessions
- Market analysis and trade idea reports
- On-demand video library with strategy tutorials
Trading Support
- Active Discord community with trader networking
- One-on-one coaching available for funded traders
- Performance analytics dashboard for tracking progress
- Risk management tools and calculators
Why Choose Equity Edge?
Equity Edge has established itself as a trader-focused prop firm that balances professional standards with accessible requirements. Their evaluation process is designed to identify disciplined traders while providing realistic challenges that simulate actual market conditions.
Key advantages include:
- Competitive one-time fees with no recurring costs
- Generous 80/20 profit split with scaling opportunities to 90/10
- Comprehensive educational resources and community support
- Progressive scaling program that rewards consistent performance
- Multiple evaluation options tailored to different trader experience levels
- Transparent rules and evaluation metrics
- No restrictions on trading styles (day trading, swing trading, etc.)
Frequently Asked Questions
How long does it take to get funded?
Traders can get funded as quickly as 16 days with the Professional Challenge if they reach the profit targets within the minimum trading day requirements. For Standard Challenge participants, the minimum time to funding is 20 days, assuming the trader reaches their profit targets during the minimum required trading days in each phase. However, traders have up to 60 days per phase in the Standard Challenge and 45 days per phase in the Professional Challenge to reach their targets.
Can I hold positions over the weekend?
No, Equity Edge generally does not allow holding positions over weekends during the challenge phases. All positions must be closed before the market closes on Friday. This rule helps manage risk associated with weekend gaps and news events. Once funded, there may be some flexibility for specific instruments, but this requires prior approval from your account manager.
What happens if I break a rule?
Breaking a rule during the evaluation phases typically results in account termination without refund. For funded traders, rule violations may lead to profit forfeiture, suspension, or account termination depending on the severity of the violation. Equity Edge does provide warnings for minor infractions and offers a one-time reset option for certain circumstances at the firm’s discretion.
Can I trade news events?
Yes, Equity Edge allows trading during news events with no specific restrictions. However, they advise caution due to increased volatility and spread widening during major economic announcements. Traders should be aware that the higher volatility associated with news events can quickly impact drawdown limits, so proper risk management is essential.
How often can I withdraw profits?
Funded traders can request profit withdrawals every two weeks. The first withdrawal becomes available after completing at least two weeks of profitable trading on the funded account. There is a minimum withdrawal amount of $50, and profits are distributed according to the agreed profit split (80/20 standard, up to 90/10 for scaled accounts). Processing time varies by payment method but typically ranges from same-day to 5 business days.
