Featured!

The Trade Pool – Elite Prop Firm Review

Add to wishlistAdded to wishlistRemoved from wishlist 2
9
Expert ScoreRead 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
9Expert Score
The Trade Pool
The Trade Pool offers an innovative platform for contractors to connect and collaborate. With user-friendly tools for project management and resource sharing, it streamlines construction workflows and boosts efficiency. This network empowers professionals to expand their capabilities through strategic partnerships while maintaining quality standards across diverse trade specialties.
OVERALL SCORE
9
PROS
  • • Customized trade packages for businesses
  • • Comprehensive import/export documentation assistance
  • • Global network of trusted partners
  • • No minimum volume requirements
  • • Transparent pricing structure
  • • Real-time shipment tracking
  • • Multilingual support team
CONS
  • • Expensive compared to other platforms
  • • Limited international market reach
  • • Complex interface for beginners
  • • Lacks mobile optimization
  • • Slower transaction processing times

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


JoinProp 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

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

Frequently Asked Questions

How long does it take to get funded?

The funding timeline varies based on your trading performance. Since The Trade Pool’s challenges have no time limits, you can complete them at your own pace. Typically, successful traders complete both phases within 1-2 months. Once you’ve passed both the Challenge and Verification phases, your funded account is typically set up within 1-3 business days.

Can I hold positions over the weekend?

Yes, The Trade Pool allows weekend position holding for most instruments. However, it’s recommended to manage risk appropriately before major weekend news events or when significant market volatility is expected. There are no specific restrictions against weekend holding, but proper risk management is always encouraged.

What happens if I break a rule?

Rule violations are handled on a case-by-case basis. Minor infractions may result in warnings, while serious violations (like account sharing or manipulation) will lead to account termination without refund. The Trade Pool has a three-strike policy for most trading rule violations, giving traders opportunities to correct mistakes before more serious consequences.

Can I trade news events?

Yes, The Trade Pool allows trading during news events without restrictions. This is one of their differentiating features compared to many prop firms. However, traders are still expected to maintain proper risk management and not exceed daily or maximum drawdown limits, regardless of market conditions.

How often can I withdraw profits?

The Trade Pool operates on a monthly payout cycle. Profit withdrawals can be requested once per month, typically processed within 3-5 business days depending on the payment method. Traders with consistent performance history may qualify for bi-weekly payouts. The minimum withdrawal amount is $100, and there are no maximum limits on withdrawals.

JoinProp
Logo