Traders Launch Review 2024

Traders Launch is a well-known prop firm that offers substantial capital (up to $200k) for successful traders who pass their evaluation process. Traders can trade futures contracts on various instruments, including SPX, NDX, US30, gold, etc., and keep up to 80% of their profits.

In this review, we will delve into Traders Launch prop firm, explore the company's unique offerings, evaluation process, and what sets it apart in the competitive landscape of prop trading. Whether you're a seasoned trader looking for a new challenge or a newcomer eager to prove your skills, this article will help you determine if Traders Launch is the right fit for your trading ambitions.

Traders Launch Prop Firm Company Overview

Traders Launch, a US-based proprietary trading firm founded in 2023, has quickly made a name for itself in the prop trading industry. Led by CEO Max Thomas, the company aims to provide skilled traders with access to significant trading capital, offering accounts up to $200,000. What sets Traders Launch apart is its commitment to transparency and data-driven decision-making.

Traders Launch's approach focuses on supporting trader success while maintaining rigorous risk management standards. This balance has helped the firm establish itself as a trustworthy option for traders looking to scale their strategies and access larger capital pools.

Traders Launch Summary of Specifications

To give you a clear picture of what Traders Launch offers, let's break down its features:

Traders Launch Prop Firm Pros & Cons

Let's weigh the advantages and disadvantages of choosing Traders Launch as your prop firm:

Traders Launch Funding & Price

Traders Launch offers a transparent funding structure for futures traders. Here's a breakdown of these funding plans and associated costs:

Although, this challenge structure is simple, it lacks the variety which lead to less options for choosing best plan based on personal budget and trading goals.

Traders Launch Evaluation

Traders Launch employs a one-phase evaluation process, streamlining the journey from aspiring trader to funded status. Here's a detailed look at the evaluation steps:

This price structure means traders will face a huge challenge trying to pass Traders Launch evaluations.

Traders Launch Bonuses and Discounts

It's time to explore bonuses and discounts in our Traders Launch review. This prop firm offers various bonuses to attract and retain talented traders. Right now, traders can receive coupon codes in third-party websites and use them to get 25% off of the initial challenge price.

Traders launch also has an affiliate program. Traders can invite their friends to buy challenges and earn up to 25% commission on each purchase.

Traders Launch Prop Firm Trading Platforms

Traders Launch offers Volumetrica Trading as its main trading platform through Interactive Brokers (IBKR). Here's an overview of the key features of this platform:

• Real-time market data
• Advanced charting capabilities
• Risk management tools
• Multiple order types

Another major drawback of this prop firm is its lack of support for major trading platforms, including MT4 and MT5.

Available Instruments & Symbols on Traders Launch

Unfortunately, Traders who choose to buy challenges from traders Launch are limited to a few tradable instruments, including the S&P 500, Nasdaq-100, gold, and oil for futures trading. This means that if you are a professional crypto, bonds, commodities, forex, or individual stock trader, you can't use this platform.

Traders Launch Payment Methods

Traders Launch offers a range of payment methods to accommodate traders from various regions. Here's an overview of the available options. For Evaluation Fee Payments, traders can use credit and debit cards like Visa, MasterCard, AMEX, and more.

For Profit Withdrawals, traders have various options, including:

• Bank wire
• Cryptocurrencies

It's worth mentioning that the minimum payout in Traders Launch is $200

Traders Launch Commission and Costs

Understanding the commission structure and associated costs is crucial when evaluating Traders Launch as your potential prop firm. Traders Launch has a low spread and charges no commission during the evaluation phase. For the funded stage, Traders Launch's commission is the same as that of Interactive Broker (IBKR).

Traders Launch Prop Firm Educational Resources Review

Traders Launch also lacks educational content and resources for beginner trades. You can only find a few tutorial videos about how the evaluation process works or what the scaling plan is. Traders who need educational resources to learn about prop firm trading can check out FTMO and My Funded Next educational resources.

Traders Launch Trust score

Traders Launch received a 3.6 out of 5 on the Trustpilot website from only 5 reviews. This is considered really low compared to famous brokers like Apex Trader Funding or FundedNext which have over 4.5 trust scores.

Trader Lunch Prop Customer Support

Trades Lunch doesn't offer various support channels. You can only contact them by sending messages on their Discord channel or use contact us page on the website.

Traders Launch Socials

Although Traders Launch has accounts on various social media platforms, it doesn't have an active presence on them. Traders Launch have social media accounts on:

• Discord: https://discord.me/traderslaunch
• YouTube: https://www.youtube.com/@traderslaunch
• X (Twitter): https://x.com/TradersLaunch

TF Expert Suggestion

Traders Launch has been offering prop trading services since 2023. This prop firm is based in the US, and its CEO is Max Thomas. Reviewing Traders Launch offering showed us this platform doesn't come close to the prop firm industry standards.

With lack of variety in challenge types, strict evaluation rules, and limited number of tradeable instrument, Traders Launch doesn’t offer the best services to international prop traders. We highly suggest you check out other platforms before buying a challenge from this prop firms.