TradeApp, founded in 2024, is a Cyprus-based prop firm. This platform provides a unique chance for professional traders to acquire significant capital (up to $600,000k) to trade in financial markets.
In this TradeApp review, we will go through this innovative prop trading firm that's making a name for itself in the industry. From its generous funding options to its cutting-edge trading platform, we'll explore everything you need to know to decide if TradeApp is right for your trading journey.
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 TradeApp prop 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 | 80% |
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 | Doesnāt 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 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 25% | ||||||
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.
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:
- Traders can earn commissions based on the number of clients they invite;
- 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.
Tradable Symbols and Markets in TradeApp
TradeApp offers a diverse range of trading instruments to cater to various trading preferences and strategies:
- Forex: Major, minor, and exotic currency pairs
- 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 Firm Trust Scores Overview
TradeApp has quickly garnered a positive reputation among traders, as evidenced by its impressive Trustpilot scores:
- Overall Trustpilot Rating: 4.9 out of 5 stars
- Total number of reviews: 92
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
Itās 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: https://www.instagram.com/yourtradeapp/
- Twitter: https://x.com/TradeAppp
TradeApp claims to be present on YouTube and Facebook, but we havenāt been able to find their accounts. It is also worth mentioning that the content shared on Instagram and Twitter doesnāt provide value for traders.
TF Expert Suggestion
As new prop trading firm starting to offer services in 2024, TradeApp aims to help traders gain trading capital to trade in financial markets. Trading with TradeApp has various benefits, including various account sizes, high-leverage trading options, and up to 90% profit split.
However, traders canāt disregard the platforms disadvantages, including strict trading conditions for the second evaluation step, no active presence on social media, and fake reviews on the Trustpilot website.
Overall, we suggest traders compare TradeApp offerings with other platforms to decide whether this platform offers the best trading experience for their needs.
