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!
About
TradeApp, registered in Cyprus under HE368296, offers prop trading challenges with capital ranging from $5k to $600k and starting prices of $79.
TradeApp 2-step accounts allow traders to increase their trading capital up to $2 million and trade with funded accounts with a maximum of 1:100 leverage on the TradeLocker trading platform.
The minimum evaluation price in TradeApp starts at $79 and could go as high as $2799.
a complete review of TradeApp features, pros, and cons
TradeApp Prop Firm Company Information
TradeApp burst onto the prop trading scene in 2024, quickly establishing itself as a forward-thinking firm based in the United Kingdom. This newcomer has already caught the eye of traders worldwide with its compelling challenges. Let's break down key information about the TradeAppprop firm:
Founding year: 2024
Account sizes: Ranging from $5k to $600k
Challenge prices: Ranging from $79 to $2799
TradeApp's fresh approach to prop trading aims to provide easy access to significant trading capital, making it an attractive option for both novice and seasoned traders.
TradeApp Summary of Specifications
TradeApp isn't just another run-of-the-mill trading platform. It's a comprehensive ecosystem designed to empower traders with the tools they need to succeed in today's volatile markets. Here's a closer look at what sets TradeApp apart:
Account currency
USD
Minimum price
$79
Maximum leverage
1:100
Maximum profit split
90%
Instruments
Forex, crypto, indices, commodities
Assets
GBP/USD, Bitcoin, S&P 500, Gold
Evaluation steps
2
Trading platform
TradeLocker
Withdrawal methods
Bank transfer, crypto
Maximum fund size
$600,000
First profit target
10%
Maximum daily loss
5%
Challenge time limit
Unlimited
News trading
No
Maximum total drawdown
10%
Commission per round lot
No commission
Trust pilot score
4.9 stars out of 5
Payout frequency
Bi-weekly
Established country
Cyprus
Established year
2024
TradeApp Prop Firm Benefits & Drawbacks
As with any trading opportunity, it's crucial to weigh the advantages and potential drawbacks. Here's an honest look at the pros and cons of trading with TradeApp:
Advantages
Disadvantages
Access to significant trading capital up to $600k
Relatively new firm
Up to 90% profit split
Strict evaluation rules for the second stage
Scale up plan up to $2 million
TradeLocker is the only available trading platform
High leverage trading allowed
Doesn’t have an active presence on Social media platforms
TradeApp Prop Firm Funding Options and Prices Overview
TradeApp's funding options are designed to cater to traders at various levels of experience and capital requirements. Here's a breakdown of their funding structure:
Funding size
$5k
$10k
$25k
$50k
$100k
$200k
$600k
Evaluation price
$79
$119
$209
$349
$599
$999
$2799
All trade app challenge fees are refundable on the first payout. Traders can also use TradeApp add-ons to customize their accounts based on their trading needs.
TradeApp Scaling Plan
TradeApp offers funded accounts ranging from $5,000 up to a maximum of $600,000. Additionally, traders demonstrating consistent profitability may qualify for a scale-up plan that expands their capital to as much as $2 million, making it one of the most generous capital allocation structures in the prop trading space.
TradeApp Registration & Verification
The Trade App registration is a quick process that supports multi-channel signup options. Users can register via email, Google, or Facebook, then proceed to verify their email and submit key personal details. This onboarding flow is tailored to get traders started in under 5 minutes.
#1 Navigate to the Sign-Up Portal
Visit the official TradeApp homepage, click “Sign Up” or scroll to “Open an Account”. This leads you to the registration interface, where all account creation begins.
#2 Select Your Signup Method
Choose between manual signup via email or connect instantly using Google or Facebook credentials for faster access.
#3 Confirm Your Email Address
After choosing your method, anemail verification link will be sent. Click “Complete Registration” to activate your profile.
#4 Submit Personal Details
Enter the following details to access the TradeApp dashboard:
First and last name
Strong password (with upper/lowercase letters, numbers, and symbols)
Mobile number (Optional)
Country
Agree to the terms and finalize by clicking “Confirm”.
Enter your email address to register with TradeApp
#5 Complete the KYC Procedure
Upon completing the evaluation phases, you'll be required to proceed with the KYC verification steps and provide supporting documents, including:
Proof of Identity: Passport or Driving license
Proof of address: Utility bill or Bank statement
TradeApp Prop Firm Evaluations Overview
TradeApp has streamlined its evaluation process to a two-step challenge, allowing only skilled traders to access funded accounts. Here's what you need to know about TradeApp's evaluation:
Account Size
$5k
$10k
$25k
$50k
$100k
$200k
$600k
Maximum daily drawdown
5%
Maximum overall drawdown
10%
Minimum trading days
4 days
Profit target phase 1
10%
Profit target phase 2
8%
Profit split
Up to 90%
Minimum challenge fee
$79
$119
$209
$349
$599
$999
$2977
This simplified evaluation process allows traders to demonstrate their skills quickly. Traders need to use various trading strategies while adhering to strict risk management rules to avoid account elimination.
TradeApp prop trading firm $100k challenge rules and conditions
TradeApp Profit Sharing Model
TradeApp operates on a performance-based profit-sharing model. Most traders start with an 80/20 split (trader/broker), but high-performing individuals can unlock up to 90% of profit retention through scaling or additional add-ons.
TradeApp Challenge Time Limit
TradeApp sets itself apart by offering unlimited time for both evaluation phases. Traders are free to complete each stage at their own pace, reducing pressure and making the firm especially appealing to part-time or cautious traders.
Note: To pass each phase, you must trade for at least 4 days.
Bonuses and Discounts for TradeApp Prop Firm
TradeApp offers an attractive affiliate program for content creators and influencers in the trading community. Here's what you need to know about TradeApp affiliate program:
Commissions based on the number of referred clients
Bi-weekly payouts via bank transfer and cryptocurrencies
Minimum affiliate payout is $100
This affiliate program allows traders and content creators to benefit from TradeApp's offerings while earning rewards for bringing new users to the platform. It's a win-win situation that helps grow the TradeApp community while providing additional income opportunities for affiliates.
TradeApp Trading Rules
TradeApp rules offer flexible trading options, including hedging and automated strategies through Expert Advisors (EAs). However, certain high-risk trading strategies, such as high-frequency trading (HFT) and news trading, are restricted unless specific add-ons are purchased to enable these features.
IP address changes may result in account suspension (Proof of change required);
Hedging is allowed, enabling long and short positions to manage risks;
EAs are permitted with the "EAs Allowed" add-on for automated trading;
Market manipulation strategies are banned;
News trading is restricted unless the "News Trading Allowed" add-on is purchased.
A look into TradeApp add-ons, including News Trading and EAs Allowed
VPN Usage
Although TradeApp does not explicitly outline a policy regarding VPN or VPS use, the platform’s terms indicate that it may block IP addresses in order to prevent unauthorized access.
If an IP address change is detected, the account may be suspended, and proof of the change will be required to resolve the issue.
Hedging
TradeApp permits the use of hedging strategies, allowing traders to open both long and short positions on the same asset.
This strategy is often used to manage risks in volatile markets by offsetting potential losses in one position with gains in another.
Expert Advisors (EAs)
Automated trading through Expert Advisors (EAs) is allowed on TradeApp, but only with the purchase of the “EAs Allowed” add-on.
This option is particularly useful for traders who prefer algorithmic strategies, executing trades based on predefined rules in compliance with platform regulations.
Prohibited Strategies
TradeApp restricts the use of certain high-risk trading strategies, such as latency arbitrage and high-frequency trading (HFT). HFT involves executing numerous trades within milliseconds using algorithms.
To engage in HFT, traders must purchase the “EAs Allowed” add-on. Additionally, any form of market manipulation is strictly prohibited.
News Trading
News trading is not typically allowed unless traders opt for the “News Trading Allowed” add-on when selecting account size and features. This feature enables traders to trade around major news events, subject to the platform’s rules.
TradeApp Prop Firm Trading Platforms and Applications
TradeApp utilizes the advanced TradeLocker platform, which is changing the prop trading industry. Here are some key features of TradeLocker:
On-chart trading with easy stop loss and take profit settings
One-click trading for swift execution
Comprehensive risk management and analytics tools (SL&TP calculator, risk calculator)
Available on desktop, mobile, and web platforms
Integration with multiple prop firms for seamless trading experiences
TradeApp only offers the TradeLocker platform to its user
The adoption of TradeLocker by numerous prop firms, including TradeApp, showcases its reliability and effectiveness in enhancing traders' performance and profitability.
TradeLocker also integrates Trading View charting and is connected to Tier-1 liquidity providers, simulating real market conditions.
TradingFinder has developed a wide range of TradingView indicators that you can use for free.
Tradable Symbols and Markets in TradeApp
TradeApp offers a diverse range of trading instruments to cater to various trading preferences and strategies:
Commodities: Gold, silver, oil, natural gas, and more
Indices: 8 major global stock indices, including S&P500 and DAX
Cryptocurrencies: Bitcoin, Ethereum, and other popular digital assets
With access to a broad range of instruments, traders can diversify their portfolios, exploring opportunities across various markets to maximize their profit potential.
TradeApp Prop Firm Payment and Payout Methods
TradeApp offers a variety of payment methods to accommodate traders from different regions:
Visa/Mastercard
Bank Transfer
Cryptocurrency
With so many payment methods available, traders can easily top up their accounts and get their payouts in whatever way works best for them, no matter where they are!
TradeApp Prop Firm Commission & Trading Costs
One of the most attractive features of TradeApp is its commission-free trading structure. Here's what you need to know about the costs associated with trading on TradeApp:
No trading commissions on any instruments
Competitive spreads across all asset classes
No hidden fees or charges
Transparent profit-sharing model up to 90% with add-ons
The cost-efficient structure helps traders maximize profits by minimizing the impact of fees on their earnings.
TradeApp Prop Educational Resources?
TradeApp recognizes the importance of continuous learning in the trading world. While their comprehensive educational resources are still in development, here's what traders can expect in the near future:
Extensive library of e-books covering various trading topics
Regular webinars hosted by experienced traders and market analysts
Video tutorials on platform usage and trading strategies
TradeApp Prop Firm Trust Scores Overview
The prop firm has quickly garnered a positive reputation among traders, as evidenced by the impressive ratings on the TradeApp Trustpilot profile:
Overall Trustpilot Rating: 4.9 out of 5 stars
Total number of reviews: 92
TradeApp Trustpilot score shows traders satisfaction with the platform’s quality of services
Upon closer examination, many reviews appear fake, as numerous reviewers have given this platform a perfect 5-star rating despite never having reviewed any other prop trading firm.
TradeApp Prop Firm Customer Support
TradeApp prioritizes customer satisfaction by offering multiple channels for support:
WhatsApp: +447418375815
Email: Support@tradeapp.com
Phone: +447418375815
Discord: Community-based support and discussions
Live Chat: Instant support directly from the trading platform
By offering multiple communication channels, traders can access support in the way that best suits them, enhancing the overall experience and offering peace of mind during high-stakes trading.
TradeApp Prop Firm Social Media Channels
It’s time to go over social media channels in our TradeApp review. The prop firm is present in different social media platforms to share platform news:
Instagram
Twitter
TradeApp claims to be present on YouTube and Facebook, but we haven’t been able to find their accounts. It is also worth mentioning that the content shared on Instagram and Twitter doesn’t provide value for traders.
TradeApp vs Other Prop Firms
Let's check TradeApp's standing in the prop trading world in comparison with other prop firms:
TradeApp’s 4.9 Trustpilot score, combined with 90% profit splits and 14-day payouts, made this platform popular among prop traders.
However, TradeApp's limited track record (less than 1 year) and its inability to support MetaTrader 4 and MetaTrader 5 trading platforms are the main disadvantages of using its services.
FAQs
What is TradeApp, and when was it founded?
TradeApp is a UK-based prop trading firm launched in 2024, offering 2-step evaluations and funded accounts up to $600,000, with scaling up to $2 million.
Can I trade cryptocurrencies on TradeApp?
Yes, TradeApp offers cryptocurrency trading alongside Forex, commodities, and indices.
What is the maximum leverage in TradeApp?
The maximum leverage in TradeApp is 1:100.
What happens if I fail the TradeApp evaluation?
If you fail the evaluation, you can typically purchase another challenge to try again.
How much is the minimum price to join a TradeApp challenge?
The minimum cost for a TradeApp evaluation starts at $79 for a $5,000 account. Pricing increases based on account size.
What trading platform is supported?
TradeApp uses the TradeLocker platform exclusively. It supports mobile, desktop, and browser-based access with TradingView integration.
How many evaluation steps are required?
The firm uses a 2-step evaluation model: 10% profit in Phase 1 and 8% in Phase 2, with a 4-day minimum trading requirement.
Does TradeApp have a time limit for passing the challenge?
No, TradeApp has unlimited time to pass both evaluation phases, allowing flexibility for part-time or cautious traders.
What are the drawdown limits?
The daily drawdown limit is 5% and the overall drawdown cap is 10%. Breaching either results in disqualification.
How is profit split between the trader and TradeApp?
Profit sharing starts at 80/20 and can go up to 90/10 through scaling or using add-ons.
Are there commissions on trades?
No, TradeApp offers commission-free trading, allowing traders to retain more of their profits.
Which assets are available for trading?
Traders can access Forex, crypto, indices, and commodities, including pairs like GBP/USD, Bitcoin, S&P 500, and gold.
What is the largest account size available?
The largest funded account is $600,000, with potential scale-up to $2 million for consistent performance.
Which countries is TradeApp based and regulated in?
TradeApp is based in Cyprus. There is no publicly listed regulatory body for TradeApp, which may concern cautious traders.
Is news trading allowed?
No, news trading is restricted by default, unless the “News Trading Allowed” add-on is purchased.