The Trade Pool – Elite Prop Firm Review
- Swift access to funded accounts
- Superior compensation structure for profits
- Global markets at your fingertips
- Advanced digital trading environment available
- Growth-focused professional trader community
Firm Overview
The Trade Pool is an innovative proprietary trading firm that offers funded trading accounts to both novice and experienced traders worldwide. With a mission to empower traders by providing capital and resources, The Trade Pool stands out for its straightforward two-phase evaluation process designed to identify disciplined and profitable traders. The firm offers multiple account sizes ranging from $25,000 to $200,000, with competitive profit splits and reasonable challenge parameters.
What distinguishes The Trade Pool is its trader-centric approach featuring transparent rules, a user-friendly dashboard for tracking performance, and multiple challenge options tailored to different trading styles. The company maintains a balance between risk management requirements and trading freedom, allowing traders to demonstrate their skills while adhering to reasonable drawdown limits. With comprehensive educational resources, responsive customer support, and a growing community of traders, The Trade Pool has positioned itself as a reliable partner for ambitious traders seeking to scale their trading careers without risking personal capital.
Key Features at a Glance
Challenge Fees
- Standard Challenge – One-time payment for a two-phase evaluation process with moderate trading targets
- Professional Challenge – Higher one-time fee for experienced traders with more aggressive profit targets
- Free Retry Option – Opportunity to restart challenges at specific drawdown points at no additional cost
- Volume Discounts – Special pricing available for multiple account purchases or larger account sizes
Account Types
- Standard Funded Account: Balanced trading parameters with standard profit targets, suitable for most traders
- Professional Funded Account: Designed for experienced traders with higher profit targets and more aggressive trading parameters
- Instant Funding Account: Skip the evaluation process with direct access to funded trading with adjusted profit splits
- Evaluation Account: Two-phase challenge process to qualify for a funded account
Profit Split Options
- Standard Split: 80/20 profit split (80% for traders, 20% for The Trade Pool) on all funded accounts
- Instant Funding Split: 70/30 profit split for traders who choose the instant funding option
- Scaling Plan: Increased profit percentages (up to 90%) available for consistent performers
- Performance Bonuses: Additional profit share opportunities for exceptional trading results
Video Review
The Trade Pool – Elite Prop Firm Review
The Trade Pool – Elite Prop Firm Review
Account Sizes
- $25,000 Account: Entry-level option with lower challenge fee, ideal for beginners
- $50,000 Account: Mid-tier option balancing opportunity and risk
- $100,000 Account: Advanced account size for experienced traders
- $200,000 Account: Premium account offering maximum capital allocation for professional traders
Trading Platforms
- MetaTrader 4: Industry-standard platform with comprehensive charting tools and indicators
- MetaTrader 5: Advanced version offering additional timeframes, order types, and analytical tools
- TradingView: Web-based platform with superior charting capabilities and social trading features
- Trade Pool Dashboard: Proprietary interface for monitoring account metrics and performance
Financial Markets
- Forex: Major, minor, and exotic currency pairs with competitive spreads
- Indices: Global stock indices including US30, S&P 500, NASDAQ, and international markets
- Commodities: Access to gold, silver, oil, natural gas, and agricultural products
- Cryptocurrencies: Major digital assets including Bitcoin, Ethereum, and other altcoins
Challenge Programs Detail
Standard Challenge
Feature | Challenge Phase | Verification Phase |
---|---|---|
Duration | No time limit | No time limit |
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 | No time limit | No time limit |
Profit Target | 12% | 8% |
Daily Drawdown | 6% | 6% |
Maximum Drawdown | 12% | 12% |
Minimum Trading Days | 10 days | 10 days |
Challenge Specifications
- Max Allocation: Up to $200,000 initial account size with scaling opportunities up to $1,000,000 for consistent performers
- Scaling: 25% account growth after every 10% profit, with consistent performance history
- Trading Competitions: Monthly trading contests with additional cash prizes and account upgrades for top performers
- Free Trial: 7-day demo account available to test platform functionality and trading conditions
- Profit Targets: Ranging from 5-12% depending on challenge type and phase
- Drawdown Structure:
- Daily: 5-6% maximum loss from previous day’s closing balance
- Maximum: 10-12% total account drawdown from initial balance
- Trailing: Not implemented, fixed drawdown from starting balance
Trading Rules and Requirements
- No overnight holding of positions for specific assets during major news events
- Maximum position size limited to 5% of account equity
- No excessive leverage beyond account specifications
- No hedging between accounts or coordinated trading with other traders
- Minimum 10 trading days required during each phase of the challenge
- No same-direction scaling into positions that increase risk beyond limits
- Weekend holding permitted for most instruments except during high-impact news
- Trading permitted during news events with proper risk management
Company Information
- Founded in 2021 by a team of professional traders and financial technology experts
- Headquartered in the United Kingdom with global operations
- Regulated by financial authorities where applicable for trading services
- Transparent company structure with verifiable business registration
- Active community of over 10,000 traders worldwide
- 24/5 customer support via live chat, email, and community Discord
- Regular educational webinars and trading resources for community members
Payout Methods
- Bank Transfer (3-5 business days)
- PayPal (1-2 business days)
- Skrill (1-2 business days)
- Cryptocurrency (Bitcoin, Ethereum) (Same day processing)
- Wise Transfer (2-3 business days)
- Minimum payout amount: $100
- Monthly payout cycle with opportunities for bi-weekly payments for consistent traders
Trading Commissions
- Forex: Standard ECN commission structure of $7 per lot round turn
- Indices: Commission-free with competitive spreads
- Commodities: $10 per lot round turn for metals, variable for other commodities
- Cryptocurrencies: 0.05% per trade commission
- No hidden fees or markup on spreads during challenge or funded phases
- Commission structure identical between evaluation and funded accounts
IP Rules
- VPN usage permitted only with prior approval from compliance team
- Account sharing prohibited – one trader per account
- Maximum of 3 concurrent evaluation accounts per trader
- Remote server trading allowed with disclosure
- Trading permitted from multiple devices but limited to registered user
- No limitations on geographic location as long as trading complies with local regulations
Unique Features
Trading Flexibility
- No time limit on challenge completion – trade at your own pace
- Multiple trading styles supported (day trading, swing trading, position trading)
- Weekend position holding allowed with reasonable risk management
- Trading during news events permitted without restrictions
Growth Opportunities
- Account scaling program increasing capital by 25% after consistent performance
- Trader development program with personalized coaching for funded traders
- Community challenges and competitions with additional prizes
- Opportunity to manage multiple funded accounts after proving consistent profitability
Why Choose The Trade Pool?
The Trade Pool stands out in the crowded prop firm space by offering a trader-centric approach that balances opportunity with reasonable risk parameters. Unlike many competitors, The Trade Pool focuses on creating sustainable trading careers rather than simply collecting evaluation fees.
Key advantages include:
- No time limits on challenge completion, allowing traders to demonstrate skill without unnecessary pressure
- Realistic trading rules that mirror actual market conditions, including news trading and weekend holding
- Transparent fee structure with competitive challenge pricing and no hidden costs
- Generous 80/20 profit split with opportunities to increase through the scaling program
- Comprehensive trader support with educational resources and community engagement
- Multiple account size options suitable for various experience levels and risk appetites
- Reliable and consistent payout system with multiple withdrawal options