Investing and trading in financial markets such as the stock exchange, forex, digital currencies in the form of spot or with leverage face a high inherent risk. According to the statistics of all exchanges and brokers, more than 75% of people lose!
The Trading Pit is a trusted prop trading firm with over 10,000 active accounts monthly and 450,000 trades executed. It has paid out $4 million+ to traders and operates in 180+ countries, fostering a global trading community. Offering Futures and CFDs account options, it meets the needs of traders at all levels with challenge prices from $49 to $1,139.
The Trading Pit offers a flexible trading experience with leverage up to 1:50 on FX and a profit split of up to 80%, using platforms like ATAS, Quantower, VolSys, and R|Trader Pro.
Account sizes range from $10,000 to $250,000, with assets like BTC, Tesla, EUR/USD, and Gold.
Withdrawals are available via bank wire, cryptos, Binance, and Perfect Money, with a $5 commission per round lot on Forex, metals, and CFDs.
Discover how The Trading Pit empowers traders with resources and competitive conditions
The Trading Pit company overview
TheTradingPit (TTP) is a leading proprietary trading firm taking the world by storm. Majority-owned by Pinorena Capital, a fintech-focused private equity firm, TTP is on a mission to elevate the lives of traders worldwide through innovative strategies, cutting-edge technology, and unparalleled support.
Led by a seasoned management team with over half a century of combined experience, The Trading Pit is committed to empowering traders to succeed. Here's what sets them apart:
Global reach: Operating in over 180 countries, TTP serves a diverse community of traders and partners;
Multi-asset trading: You can access a wide range of asset classes, including Forex, Futures, Cryptocurrencies, and Stocks;
Educational resources: Benefit from learning materials, including eBooks, webinars, podcasts, and videos;
Award-winning excellence: Recognized with prestigious awards such as "Most Transparent Prop Firm 2024" and "Best Educational Resources 2023."
By fostering a collaborative and supportive environment, The Trading Pit aims to empower traders to reach new heights in their trading careers, offering a "win-win" formula for successful prop trading partnerships.
The company’s specifications summary
Account currency
USD
Minimum price
$49
Maximum leverage
1:50
Maximum profit split
80%
Instruments
FX, Indices, Commodities, CFDs on Stocks, CFDs on Cryptos, Metals, Energies, Futures
Assets
BTC, S&P 500, Oil, Tesla, EUR/USD, Gold, Gas, etc.
Evaluation steps
1-Step, 2-Step
Trading platform
ATAS, Quantower, VolSys, R|Trader
Withdrawal methods
Bank wire, Cryptos
Maximum fund size
$250,000
First profit target
1.2%
Max. daily loss
5%
Challenge time limit
Futures 30 Days
CFDs Unlimited
News trading
No (2 minutes before or after)
Maximum total drawdown
10%
Commission per round lot
$5
Trustpilot score
4.1 out of 5
Payout frequency
Bi-weekly
Established country
Liechtenstein
Established year
2021
The Trading Pit offers a robust prop trading ecosystem, catering to traders of various experience levels and capital requirements. With its flexible evaluation process and attractive profit-sharing model, TTP provides an excellent opportunity for traders to grow their careers and maximize their earning potential.
The Trading Pit prop firm pros & cons
Proprietary firms have gained popularity for offering unique opportunities and resources to traders. Among these firms, "The Trading Pit" stands out for its innovative approach and community-oriented ethos.
One of the biggest advantages of The Trading Pit is supporting different assets
While it presents a range of advantages that can enhance a trader's experience, there are also potential drawbacks to consider.
Pros
Cons
Multiple platforms
Strict rules in some cases
Highly Trusted based on users’ feedbacks
Limited Personalization
Multi assets Trading
-
Educational Resources
-
Understanding both the pros and cons is essential for anyone looking to navigate the complexities of trading within a prop firm environment.
TTP funding & prices
The Trading Pit, led by Pinorena Capital, recently secured €10 million in growth funding. This substantial investment will help TTP accelerate its growth initiatives and solidify its position as a global leader in online prop trading.
The prop firm offers Futures markets and CFD evaluation programs with different prices and conditions:
Account Balance
Futures Prime
Futures Classic
CFDs 1-Phase
CFDs 2-Phase
$5,000
-
-
$49
$49
$10,000
-
-
$99
$99
$20,000
-
$99
$199
$199
$50,000
$99
-
$349
$349
$100,000
$189
-
$569
$569
$150,000
$289
$169
-
-
$200,000
-
$349
$1,139
-
$250,000
-
$599
-
-
The Trading Pit registration & verification
The Trading Pit registration takes under 5 minutes and doesn’t require document uploads. Traders can access the client dashboard immediately after completing a short online form.
This registration is the first step toward joining evaluation challenges offering up to $250,000 in funding. After signing up, you'll receive login credentials via email and can access your trading environment instantly.
#1 Open the Registration Page
Visit The Trading Pit official website and click on “Sign Up” or “Open an Account”. This takes you to the online registration form, where the process begins.
#2 Submit Your Personal Details
Fill out the application form with the following details:
Your title
Full name
Country of residence
Phone number
Email
Agree to the platform terms and complete the CAPTCHA to submit your information.
Enter your email address and phone number to register with The Trading Pit
#3 Verify Email & Log In
Check your inbox for the confirmation message. Use the provided username and password to access The Trading Pit dashboard and start exploring funding options.
#4 Complete the KYC Procedure
Upon passing the evaluation phase, in compliance with The Trading Pit verification policy, you'll be required to provide additional personal information and upload supporting documents, including:
Proof of ID: Passport or Driving license
Proof of Address: Utility bill or Bank statement
TTP Evaluation steps
The Trading Pit provides access to Futures and CFD markets through different types of funded accounts. There are two futures account types, including Prime and Classic, and two CFD account types, including Prime 1-Phase and Prime 2-Phase. Here are the trading conditions for each funded account:
Note: The Futures Classic plan offers both 1-phase and 2-phase evaluation programs.
The Trading Pit Futures Prime Program
Account Balance
$50,000
$100,000
$150,000
Contracts
5 Standard / 50 Micros
10 Standard / 100 Micros
15 Standard / 150 Micros
Profit Target
$3,000 (6%)
$6,000 (6%)
$9,000 (6%)
Daily Pause
$1,000 (2%)
$2,000 (2%)
$3,000 (2%)
Max Drawdown
$2,000 (4%)
$3,000 (3%)
$4,500 (3%)
Challenge Duration
30 Days
30 Days
30 Days
Activation Fee
$129
$129
$129
Profit Share
80%
80%
80%
Reset
$79
$149
$229
Extend
$99
$189
$289
Important Note: The "Activation Fee" is a one-time cost that traders must pay in addition to the challenge price when reaching the funded phase in The Trading Pit Futures Prime program.
Note: The "Reset" feature allows you to get a new account with the remaining challenge days. Purchasing a Reset option doesn't have any limits.
The Trading Pit Futures Classic Program
Account Balance
$20,000
$150,000
$200,000
$250,000
Evaluation Phases
1
1
2
2
Contracts
10 Micros
5 Standard / 50 Micros
7 Standard / 70 Micros
10 Standard / 100 Micros
Profit Target
$1,000 (5%)
$5,000 (3.333%)
$3,000/Phase (1.5%)
$3,000/Phase (1.2%)
Daily Pause
$250 (1.25%)
$1,500 (1%)
$2,000 (1%) / $1,000 (0.5%)
$2,000 (0.8%) / $1,000 (0.4%)
Max Drawdown
$500 (2.5%)
$3,000 (2%)
$3,500 (1.75%)
$5,000 (2%)
Min Trading Days
3
3
3/Phase
3/Phase
Challenge Duration
30 Days
30 Days
30 Days
30 Days
Profit Share
Up to 70%
Up to 70%
Up to 80%
Up to 80%
Reset
$49
$85
$179
$299
Extend
$99
$169
$349
$599
Note: The "Extend" feature adds the initial number of challenge days to your account for more time.
A look into The Trading Pit Futures Classic program features, pricing, and trading conditions
The Trading Pit CFDs Program
Features
CFDs 1-Phase
CFDs 2-Phase
Profit Target
10%
8% / 5%
Daily Drawdown
4%
5%
Max Drawdown
7%
10%
Max Leverage
1:50
1:50
Min Trading Days
3
3
Profit Share
80%
80%
Payout Frequency
Bi-Weekly
Bi-Weekly
Note: In the CFDs program, daily drawdown is balance-based, and maximum drawdown is static.
TTP prop firm bonuses and discounts
The Trading Pit prop firm currently does not offer any discounts or bonuses as part of its evaluation programs.
While many firms may provide promotional incentives, The Trading Pit focuses on providing straightforward and transparent evaluation processes, allowing traders to earn funded accounts based on their performance and adherence to the firm’s criteria.
Any updates or changes to their bonus or discount offerings may be reflected in future announcements, but as of now, no such promotions are available.
TTP doesn’t offer any bonuses or discount codes at the moment
The Trading Pit Rules
The Trading Pit rules enforce strict guidelines on trading strategies, Expert Advisors (EAs), and news trading to ensure fair and responsible practices.
This includes prohibiting hedging, Martingale strategies, and specific actions during high-impact news events, thereby maintaining a level playing field for all traders.
VPS is allowed for Expert Advisors, but no specific restrictions on VPN usage beyond this;
Hedging across separate accounts is strictly prohibited;
EAs are allowed if they avoid prohibited activities like scalping, arbitrage, or news trading violations;
Martingale and high-risk strategies, including market manipulation or arbitrage, are prohibited;
News trading is banned for certain accounts; it is allowed for Futures Prime with higher volatility risks.
VPN & VPS Usage
The Trading Pit provides the option to use VPS for trading with Expert Advisors (EAs). However, there are no specific details provided on the use of VPNs beyond this allowance.
Hedging
It is strictly prohibited to open long and short positions simultaneously across different accounts. This kind of trading strategy is not allowed under the Trading Pit's rules.
Expert Advisors (EAs)
The Trading Pit permits the use of personal Expert Advisors (EAs) for trading, provided that they do not engage in any of the following actions:
Copying signals from external sources
Performing scalping by holding positions for less than 1 minute on CFD Classic accounts
Engaging in latency, reverse, or arbitrage trading, or employing high-frequency trading strategies
Using emulators for trading activities
Opening trades within 2 minutes before or after a high-impact news release
Any accounts utilizing EAs that engage in these activities will be disqualified from receiving upgrades or payouts, and no refunds will be issued for the challenge.
Martingale & Arbitrage Strategies
The use of Martingale or other high-risk strategies is prohibited. The Trading Pit is committed to encouraging responsible and fair trading practices.
Any strategies that exploit system errors or rely on slow external data feeds are not allowed. Engaging in market manipulation or arbitrage trading will lead to the immediate termination of the account.
News Trading
CFD Accounts ($100,000 and $200,000): News trading is not allowed during both the challenge and earning phases. Trading actions such as opening new positions or having pending orders filled within the 2-minute window before or after high-impact news releases are strictly forbidden;
Futures Prime: News trading is permitted for Futures Prime products, both during the challenge and earning phases. However, traders must be aware of the increased risk involved due to significant market volatility;
Futures Classic: News trading is prohibited for Futures Classic accounts, with the same restrictions on trading within 2 minutes before and after high-impact news releases.
This revision ensures clarity while maintaining the essential details and requirements of the Trading Pit's rules regarding EA usage, hedging, trading strategies, and news trading.
The Trading Pit trading platforms
TTP offers multiple trading platforms tailored to the needs of different traders.
The Trading Pit provides access to 24/7 market news from Europe and Asia via LiveSquawk audio news service for free
These platforms include ATAS, Quantower, VolSys, and R|Trader Pro. Each platform is equipped with features that enhance trading performance and suit various trading strategies:
ATAS: Known for advanced trading analytics, ATAS focuses on order flow analysis, volume profiles, and footprint charts, making it a powerful platform for those who prioritize volume-based trading strategies
Quantower: This platform provides versatile trading tools and a highly customizable interface. It supports multiple asset classes and offers advanced charting options, making it suitable for both beginners and professional traders
VolSys: Primarily oriented around volume analysis, VolSys includes advanced volume profile, TPO (Time Price Opportunity), and order flow tools. It also features proprietary volume indicators, basic and advanced DOM (Depth of Market), and DxFeed market data credentials
R|Trader Pro: Designed to offer a balance between simplicity and functionality, R|Trader Pro is a multi-asset platform that enables effective risk management and order execution
The Trading Pit ensures that traders have access to robust platforms that provide essential tools for executing and analyzing trades across various financial markets.
What instruments & symbols can I trade on TTP CFD?
The Trading Pit offers a comprehensive selection of tradable instruments across CFD and Futures markets. CFD Instruments List:
This diverse range of instruments allows traders to diversify their portfolios and capitalize on opportunities across different markets and asset classes.
The Trading Pit prop firm payment methods
TTP has expanded its payment options to provide traders with more flexibility and convenience. Available methods include:
These diverse payment methods ensure traders can easily fund their accounts and start trading with minimal delays.
The Trading Pit commission & costs
Understanding the commission structure and costs associated with prop trading is crucial for maximizing your profits. Here's an overview of The Trading Pit's approach to commissions and costs:
TTP commissions on forex assets is set to $5
FOREX: $5
METALS: $5
ENERGIES FUTURES: $5
CFD CASH INDICES: $5
CFD FUTURES: $5
CRYPTO:20%
EQUITIES:
US: 0%
EU: 20%
UK: 20%
Does The Trading Pit prop firm offer vast educational resources?
Absolutely! TTP has been recognized with the "Best Educational Resources 2023" award, highlighting its commitment to trader education. TTP offers a comprehensive suite of learning materials, including:
Insightful blogs: Regular articles covering trading strategies, market analysis, and industry trends
Comprehensive eBooks: In-depth guides on various trading topics and techniques
Interactive webinars: Live sessions with experienced traders and industry experts
Informative podcasts: Audio content for learning on-the-go
Engaging videos: Visual tutorials and explanations of complex trading concepts
Easy-to-understand infographics: Visual representations of key trading information
You can find the blog posts in different languages:
English
German
Spanish
Italian
Polish
Malay
Chinese
Arabic
Turkish
Portuguese
Vietnamese
You can also check TradingFinder's Forex education for additional resources.
The Trading Pit prop firm Trust scores on Trustpilot
The Trading Pit Trustpilot profile has received positive reviews with an impressive overall rating of 4.1 out of 5 stars from 388 reviews. Here's the breakdown:
78% of reviews are 5-star: Indicating high customer satisfaction;
Professionalism and responsiveness: Many reviewers praise the support team's helpfulness;
Reliable payouts: Traders appreciate the smooth and timely withdrawal process;
Challenging environment: Users note that TTP helps improve their trading skills;
Flexible refund policy: Some reviewers mentioned receiving refunds when needed.
While the majority of reviews are positive, it's worth noting that some traders may find the evaluation process challenging. However, this challenge is often seen as a valuable learning experience that prepares traders for real-world market conditions.
The Trading Pit customer support
TTP provides several ways for users to get in touch, ensuring easy access to support or inquiries. Whether you prefer sending an email, making a phone call, or using real-time chat for immediate assistance, Trading Pit has options for you.
Email: Reach out via support@thetradingpit.com for written inquiries;
Phone: Call directly at +4232379000 for personalized assistance;
Live Chat: Engage in real-time conversation through the website's live chat feature.
TTP’s contact methods include Live Chat, email, and call support
These various contact channels allow users to select the method that best fits their needs for prompt and effective support.
The Trading Pit social media channels
“The Trading Pit” has established a robust presence across various social media platforms, ensuring they reach a wide audience and engage with their community effectively.
Their strategy involves leveraging the unique features of each platform to share content, interact with followers, and provide updates on their services. Here are where you can find the TradingPit on various platforms:
The Trading Pit is a reputable global prop firm with a 10% max drawdown and 5% daily drawdown. Traders can achieve a 1.2% profit target with a minimum 3-day trading period.
Despite strict rules and limited personalization, the firm excels with its platforms, educational resources, and Trustpilot rating of 4.1/5.
Its structured approach makes it an ideal choice for traders seeking growth and success.
FAQs
How much funding can I receive?
Traders can access funding up to $250,000 through evaluation programs, including both CFDs and Futures challenges, depending on the chosen plan.
What’s the minimum price to join The Trading Pit challenges?
The entry cost starts from $49 for smaller CFD accounts and goes up based on balance and evaluation type.
Does The Trading Pit allow both 1-phase and 2-phase challenges?
Yes, TTP offers both 1-Step and 2-Step programs for CFDs and Futures, giving traders flexibility in evaluation structure.
What trading platforms are supported?
TTP supports ATAS, Quantower, VolSys, and R|Trader.
What is the maximum drawdown allowed?
The maximum drawdown is capped at 10% total and 5% daily, depending on the specific account and challenge type.
Does The Trading Pit allow news trading?
News trading is allowed only in Futures Prime accounts; it’s prohibited for CFDs and Futures Classic within 2 minutes of high-impact events.
What is the profit split for traders?
TTP offers a profit share up to 80%, depending on the program and trader's performance level.
How long does a challenge last?
Futures challenges last 30 days, while CFD challenges have no time limit, allowing traders to progress at their pace.
Is Martingale or arbitrage strategy allowed?
No, strategies like Martingale, arbitrage, and market manipulation are strictly forbidden and may result in disqualification.
How many minimum trading days are required?
A minimum of 3 trading days is required for all account types and evaluation phases to ensure performance consistency.
What are the supported withdrawal methods?
Withdrawals are available via bank wire, Binance, cryptos, and Perfect Money, depending on the trader’s location.
Can I trade using Expert Advisors (EAs)?
EAs are allowed but must not perform scalping under 1 minute, arbitrage, or signal copying; violating these voids payouts.
Is hedging allowed at The Trading Pit?
No. Opening opposite positions on different accounts is prohibited and may lead to account termination.
What assets can I trade through The Trading Pit?
Traders can access Forex, Futures, Cryptos, Stocks, Metals, Energies, and more across both CFD and Futures platforms.
How often are payouts made?
Payouts are processed bi-weekly for eligible funded traders, offering regular access to earned profits.
Discover how The Trading Pit empowers traders with resources and competitive conditions
TTP doesn’t offer any bonuses or discount codes at the moment
