The Trading Capital Review 2024

The Trading Capital offers a flexible trading environment with a profit split of 90%, 6% MDL, and 12% TDD.

Traders can start with accounts ranging from $50,000 to $500,000, benefiting from a simple 2-step evaluation.

The Trading Capital holds a Trustpilot score of 3.3, with mixed reviews.

Unlock Your Trading Potential and Discover Opportunities with Our Comprehensive TheTradingCapital Review

TheTradingCapital Company Overview

Founded in 2019 in Mississauga, Canada, TheTradingCapital has quickly made a name for itself in the competitive world of prop trading. What sets this firm apart is its focus on quality over quantity. It aims to help talented traders achieve financial freedom through a supportive and flexible trading environment. Key highlights of TheTradingCapital prop firm include:

• An impressive 8% profit target during evaluation, one of the best in the industry;
• A generous 90/10 profit split, improved from their original 50/50 split;
• 125% refund on the first successful profit split;
• Scaling plan to increase account size up to $5 million based on performance.

TheTradingCapital’s Specifications Summary

Let's break down the key specifications of Thetradingcapital's prop firm offering:

These specifications demonstrate Thetradingcapital's commitment to providing traders with flexible and competitive terms, setting them apart from many other prop firms in the industry.

TheTradingCapital Pros & Cons

To help you make an informed decision, let's examine the pros and cons of trading with Thetradingcapital:

While TheTradingCapital offers many attractive features, it's important to consider the potential drawbacks before deciding.

TheTradingCapital Funding & Price

The firm offers a range of account sizes to suit different trader needs and experience levels. Here's a breakdown of their funding options:

The firm's pricing structure is competitive, with the 8% profit target and 90/10 profit split, making it an attractive option for many traders.

The 125% refund on the first successful profit split adds extra value, giving traders a chance to recoup their initial investment.

TheTradingCapital Registration & Verification process

Becoming a prop trader in the firm involves a straightforward process:

1. Visit the TheTradingCapital website and select your desired account size;
2. Complete the Sign-Up form with your details;
3. Go to your dashboard; Verify your identity by providing necessary documentation;
4. Pay the evaluation fee;
5. Receive your login credentials and begin the evaluation process.

This efficient process allows talented traders to start trading with significant capital relatively quickly.

TheTradingCapital Evaluation Steps

Thetradingcapital's evaluation process consists of three main steps:

Alongside its adaptable trading conditions, TradeDay provides a range of features aimed at empowering traders for success:

• Traders are allowed to implement Expert Advisors (EAs) to automate their trading strategies;
• Trading during news events is permitted, giving traders the chance to take advantage of market volatility;
• Traders have the flexibility to maintain positions over the weekend, supporting long-term trading approaches;
• The firm offers a favorable 90% profit split to traders;
• With a 125% refundable fee, TradeDay adds further value for its traders.

TheTradingCapital Prop Firm Bonuses and Discounts

The prop firm does not currently offer direct bonuses, but has introduced discounts on challenge fees. Traders can benefit from reduced prices for various account sizes:

• The $50,000 evaluation fee has been reduced from $397 to $297;
• The $100,000 evaluation fee is now $497, down from $697;
• The $200,000 evaluation fee has dropped from $1,080 to $849;
• The $500,000 evaluation fee has been discounted from $2,200 to $1,849;

These discounts make it more affordable for traders to participate in evaluations and potentially secure funding.

What Instruments & Symbols Can I Trade on The Trading Capital Prop Firm?

The firm offers access to various asset classes, enabling traders to implement different strategies based on market conditions. The available instruments include:

• Currency Pairs (including EUR/USD, GBP/JPY, AUD/CAD, etc.);
• Indices (DJ, ND & S&P500);
• Metals (Gold, Silver, platinum);
• Commodities like oil.

This diverse selection empowers traders to diversify their portfolios and adapt to various market opportunities.

TheTradingCapital Payment Methods

The Trading Capital Prop Firm offers several convenient payment methods for withdrawals, ensuring traders have flexible options to access their funds. Payouts can be processed Bi-Weekly and through the following methods:

• Bank/Wire Transfer: Secure and direct transfer to your bank account;
• PayPal: Quick and easy transactions through one of the most popular online payment platforms;
• TransferWise: Cost-effective international transfers with favorable exchange rates;
• Bitcoin (BTC): A cryptocurrency option for those who prefer digital currency;

• Skrill: Another widely-used online payment service that allows for fast withdrawals.

TheTradingCapital Commission & Costs

Thetradingcapital's commission structure is straightforward and competitive:

• No hidden fees or charges;
• Standard spreads on all instruments;
• 90/10 profit split in favor of the trader;
• No commission on trades.

The absence of additional fees and the high-profit split make TheTradingCapital prop firm an attractive option for traders looking to maximize their earnings.

Does The Trading Capital Prop Firm Offer Vast Educational Resources?

While Trading Capital focuses primarily on providing capital and favorable trading conditions, its educational resources appear limited compared to other prop firms.

The firm's emphasis seems to be on attracting experienced traders who already possess the necessary skills and knowledge. However, traders can benefit from:

• Market analysis and insights provided by the firm;
• Access to a community of fellow prop traders;
• Support from the firm's experienced team.

Aspiring traders may need to supplement their learning with external resources to fully prepare for Thetradingcapital's evaluation process.

TheTradingCapital’s trust score on Trustpilot

The Trading Capital maintains a Trustpilot score of 3.3, indicating a generally not that favorable perception among its users. The firm has mixed reviews on this website, with both positive and negative experiences reported by traders:

It's important to note that online reviews should be considered alongside other factors when evaluating a prop firm. The mixed nature of the reviews suggests that individual experiences may vary.

TheTradingCapital’s Customer Support team

The firm provides customer support to assist traders with questions and concerns:

• Email support: support@thetradingcapital.com;
• Live chat on their website.

While some traders report positive experiences with customer support, others have complained about slow response times and unhelpful assistance. The firm may need to improve its support services to enhance the overall trader experience.

TheTradingCapital Prop Firm Social Media Channels

The firm maintains a limited presence on social media platforms:

• Instagram;
• YouTube;
• X.

The firm's social media activity is relatively low compared to other prop firms, which may limit opportunities for community engagement and real-time updates.

Expert Suggestions

TheTradingCapital offers competitive conditions like evaluation fee discounts, automated trading, and news trading.

The firm’s scaling opportunities up to $5M, no hidden fees, and flexible rules, including weekend trading, are attractive.

Despite mixed reviews on Trustpilot and limited educational resources, it remains a relatively good choice for experienced traders.