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Trader2B Review 2024

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Trader2B Review 2024
Gamified environmentExclusive platform
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Your Capital is at risk.

Your Capital is at risk.

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!

Overview
Company:Trader2B
Founded:2015
Headquarter:Miami, Florida, USA
Min Price:$99
Max Fund:$150,000
Challenges:3
About
Trader2B offers traders up to $150,000 in capital, starting from a low entry fee of $99 for the Toro25 challenge, with reduced evaluation fees starting at $750. Notably, there are no time limits on the challenges, giving traders more flexibility. However, user ratings average 2.5 out of 5 on Trustpilot, reflecting a mix of positive and negative feedback.
Contact
20801 Biscayne Blvd #404, Aventura, FL 33180, USA
Rank and Score
Pros and Cons
Withdrawal Payments
Instruments
Pros
Innovative educational resources
Professional trading tools
Cons
Limited to Stock and ETFs
Monthly-base challnege costs

Trader2B provides traders with significant opportunities through its Toro25, Toro100, and Toro150 programs, along with a 1-step evaluation process.

Trader2B offerings include flexible leverage of up to 1:4 for day trading and 1:2 for overnight positions, to help you decide if it’s the right fit for your trading style.

Trader2B Review
Elevate your trading experience with Trader2B's attractive funding options and adaptable conditions

Trader 2B Company Overview

Trader 2B has established itself as a leading proprietary trading firm with nearly a decade of experience in the industry. Their mission is clear: to empower day traders by providing expert training, coaching, cutting-edge risk management tools, and real-time support. Here's what sets Trader2B apart:

  • Extensive Experience: With nearly 10 years in the business, Trader 2B has trained and funded thousands of traders globally;
  • Dual Path to Success: Traders can either prove their mettle through the ToroChallenge program or showcase an existing solid trading record to secure funding.

Trader2B's innovative approach combines advanced simulations, gamification, and real-time market data. This unique blend helps traders of all levels enhance their skills, manage risk effectively, and work towards financial independence through successful stock trading.

Trader2B Specifications Summary

Here is an all-in-one pack of what you need to know about the prop firm:

Account currency

USD

Minimum price

$99

maximum leverage

4:1 (Day Trader), 2:1 (Overnight Trader)

maximum profit split

95%

Instruments

Stock, ETFs

Assets

Tesla, Amazon, Google, etc.

evaluation steps

1-step

Trading platform

WebTrader, Trader2B App

Withdrawal methods

Wire Transfer, PayPal

maximum fund size

$150,000

first profit target

$1,500

Max. daily loss

$750

Challenge time limit

No limits

news trading

N/A

Maximum total drawdown

$5,000

commission per share

$0.003

trust pilot score

2.5 out of 5

payout frequency

Bi-Weekly

established country

USA

established year

2015

Trader2B Pros & Cons

Trader 2B offers a unique proposition in the prop trading space, but like any platform, it has its own advantages and disadvantages. Let's break them down:

Pros

Cons

Advanced trading tools and simulations

Day Trading restrictions (on US-Stock)

No obsession with learning with subscription-level

Monthly costs

Innovative gamification approach to learning

Limited asset selection compared to other prop firms

Responsive customer support

Lower profit split compared to some competitors

Despite some limitations, Trader2B is a credible and transformative option for aspiring traders who want to refine their skills and potentially access significant trading capital.

Trader 2B Funding & Price Structure

Trader 2B prop firm offers a range of funded accounts to suit different trader needs and experience levels. Here's a breakdown of their offerings:

Challenge

Fund

Monthly Price

Toro25

$25,000

$99

Toro100

$100,000

$249

Toro150

$150,000

$349

Critical performance criteria include:

  • Minimum 50 consistent trading days;
  • 200 round trades.
Trader2B Pricing
Pay $99/Monthly for a $25K challenge on Trader2B

While Trader2B's funded accounts offer significant potential, traders should carefully consider the strict rules and subscription fees when deciding if this aligns with their goals and trading style.

Trader 2B Registration & Verification Process

Joining Trader2B is easy and straightforward, designed to get you trading quickly. Here's what you need to know:

  1. Go to the Trader2B website;
  2. Select from Toro25, Toro100, or Toro150 based on your experience and goals;
  3. Click on “Sign Up”;
  4. Fill out the online form with your details (email, full name, phone number) and set a password;
  5. Go to your account and complete your payment;
  6. Once verified, you'll be informed and will gain access to the Trader2B platform.

Trader 2B Evaluation Steps

Unlike many prop firms that use a two-step evaluation process, Trader 2B employs a unique single-step approach:

Challenge type

Profit Target

Max Daily Loss

Max Total Drawdown

Toro25

$1,500

$200

$1,000

Toro100

Professional

$6,000

$500

$3,000

Toro150

Advanced

$9,000

$750

$5,000

This streamlined process allows traders to access funded accounts more quickly, but maintaining high-performance standards is crucial for long-term success with Trader2B.

Trader 2B Bonuses and Discounts

Trader 2B offers attractive pricing options and occasional discounts to make their services more accessible:

Plan

Regular Price (1 Month)

Discounted Price (1 Month)

Regular Price (3 Months)

Discounted Price (3 Months)

Toro25

$199/month

$99/month

$198/month

$99/month

Toro100

$499/month

$249/month

$333/month

$199/month

Toro150

$699/month

$349/month

$466/month

$249/month

While these discounts make Trader2B more competitive, it's important to note that the monthly fees are still higher than some other prop firms. 

What Instruments & Symbols Can I Trade on Trader2B?

Trader2B offers a focused selection of financial instruments for trading:

  • Stocks: Trade a wide range of U.S. stocks across various sectors;
  • ETFs: Access diverse exchange-traded funds for broader market exposure.
Trader2B TraderFi program
play while learning through the TraderFi program

While the instrument selection is more limited compared to some prop firms, Trader2B's focus on stocks and ETFs allows traders to specialize in these popular asset classes. This concentration can be beneficial for:

  • Developing expertise in equity markets;
  • Implementing various stock trading strategies;
  • Gaining exposure to different sectors and themes through ETFs.

Trader2B Payment Methods

Trader2B offers several convenient payment options for traders to fund their accounts:

  • PayPal;
  • Wire Transfer.

Checking the most up-to-date information on Trader2B's website is advisable, as payment options may change over time.

Trader2B Commission & Cost Structure

The trading fee structure for Trader 2B:

Fee Type

Details

SEC Fee (Sell Side)

Based on a percentage per million dollars of the executed sell orders.

Exchange Fees

Aggressive Order (Market Order): You may pay a fee.

Passive Order (Limit Order): You might receive a credit or pay a fee, depending on execution.

Commission Fee

$0.003 per share (one of the lowest rates in the market).

Essentially, the trader will bear specific fees depending on their trades and order types, and these fees are passed through by Trader2B.

Trader 2B Trust Scores on Trustpilot

Trader2B's Trustpilot score of 2.5 out of 5 reflects mixed experiences from users:

Positive Aspects

Negative Feedback

professional environment

Not fast executions

easy to trade platform

limited tickers

Helpful educational resources

Unfair subscription

Instant payouts

-

While the score is not high, Trader2B's responsiveness to feedback and dedication to improvement are positive signs. Potential users should weigh these reviews against the firm's offerings and trading needs.

Trader2B Customer Support Team and Hours

Trader2B offers multiple channels for customer support:

  • Email: info@trader2B.com;
  • Phone Call: 1 (305) 834-7733;
  • Live Chat: Quick responses for immediate issues.

While specific response times are not provided, Trader 2B emphasizes its commitment to timely and practical support for its traders.

Trader2B Support
Trader 2B Support channels include Email, Phone, and Live Chat

Trader 2B Social Media Channels

Trader 2B maintains an active presence across various social media platforms:

  • Vimeo;
  • Instagram;
  • YouTube;
  • LinkedIn;
  • Facebook;

Following Trader2B on these platforms can provide valuable insights, community interaction, and access to additional learning resources.

Expert Suggestions

In conclusion, Trader2B stands out for a maximum profit split of 95%, competitive commission rates at $0.003 per share, and allows traders to withdraw profits bi-weekly.

However, some areas, such as the limited asset selection compared to other firms and the higher monthly costs, could be improved to enhance its appeal to a wider range of traders.

FAQs

Is Trader2B suitable for beginner traders?

Their focus on education and simulations makes it a good starting point.

Can I use my own trading strategies on Trader2B?

Yes, as long as they comply with the firm's trading rules.

How quickly can I get funded after joining Trader2B?

It depends on your performance in the ToroChallenge, typically within a month.

Are there any hidden fees with Trader2B?

No, all costs are outlined in their subscription plans.

Can I trade outside of U.S. market hours?

No, Trader2B restricts trading to regular market hours.

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