Traders with Edge Review 2024

Traders with Edge is a prop firm owned by “Swift Trader Ltd”. This Honkonger firm started its work in 2022 and manage by CEO “Samuel Junghenn”.

There are 3 challenges [1 PHASE TURTLE, 2 PHASE- HARE, INSTANT] in this prop with up to $1 million funding.

In Traders with Edge, 80% of profit is yours. These are not all the features and we will check them all in Traders with Edge review.

Traders with Edge Prop Firm Overview

Founded in February 2022 by CEO “Samuel Junghenn”, Traders with Edge has quickly made a name for itself in the prop trading industry.

Based in the bustling financial hub of Hong Kong, this innovative firm offers a range of funding options to suit traders of all experience levels. Key features of Traders with Edge include:

• One-phase "TURTLE" challenges for swift evaluation;
• Two-phase "HARE" challenges for a more gradual approach;
• Instant funding accounts for experienced traders;
• Daily loss limits of 3-6%;
• 80% profit split for funded traders;
• Bi-weekly payouts;
• Leverage up to 1:100;
• Allowance for EAs, news trading, and weekend holding;
• Scaling plans to grow accounts up to $3 million.

What sets Traders with Edge apart is their commitment to flexibility and trader success.

Specifications Summary

Let's break down the key specifications of Traders with Edge:

Traders with Edge offers a compelling package for aspiring and experienced traders alike. However, as with any financial service, it's crucial to thoroughly review the terms and conditions before committing.

Pros & Cons

To give you a balanced view, let's examine the advantages and disadvantages of trading with Traders with Edge:

Fundings & Price in Traders with Edge

There are three challenges available in Traders with Edge and each of them has its own price and funding which you can see in the table below:

For traders who prove their mettle in these challenges, Traders with Edge offers a unique opportunity to move to the "Big League" after a minimum of 2 years, potentially accessing funding from larger institutions.

Traders with Edge Challenges; Complete Overview

Let's take a closer look at the evaluation steps for each challenge type [1 PHASE TURTLE, 2 PHASE- HARE, INSTANT] and check their specifications:

1 PHASE TURTLE

2 PHASE- HARE

INSTANT

Each of the funding opportunities offered in the Instant Challenge has the potential to increase in size and attract more capital.

Does Traders with Edge Prop Offer Bonuses and Discounts?

Traders with Edge occasionally offers special promotions to attract new traders and reward existing ones:

50% Extra Account Balance Bonus

This promotion allows traders to boost their trading capital, giving them more flexibility and potential for profit.

Trading Competitions

Traders can win challenge accounts (e.g., a $25,000 account) by sharing their best trade setups, fostering community engagement and knowledge sharing.

What instruments & symbols Are Tradable at Traders with?

Traders with Edge offers 4 tradable instruments including forex, cryptocurrency, commodities and indices:

• Forex: Major, minor, and exotic currency pairs;
• Cryptocurrencies: Popular digital assets like Bitcoin, Ethereum, and more;
• Commodities: Including gold, silver, oil, and agricultural products;
• Indices: Major global stock market indices.

This wide array of instruments allows traders to diversify their portfolios and take advantage of various market conditions.

What Payment Methods Are Available at Traders with Edge Prop?

Traders with Edge offers 10+ payment options to cater to traders worldwide:

• Crypto;
• Bank Transfer;
• Ideal;
• Prompt Pay;
• PayPal;
• Google Pay;
• Apple Pay;
• Bancontact;
• Giro Pay;
• Perfect Money;
• Fasapay.

Commission & Costs

Traders with Edge aims to keep costs competitive for its traders:

• Challenge Fees: Range from $55 to $5997, depending on the account size and challenge type;
• Scaling Plans: No additional fees for scaling accounts up to $3 million;
• Trading Costs: Low commissions through partnered broker, with competitive ECN rates.

Occasionally, Traders with Edge offers promotions such as 10-25% off challenge accounts or increased profit sharing, so keep an eye out for these opportunities to reduce your costs.

Trust Scores & Reviews

Traders with Edge has garnered generally positive reviews on Trustpilot, with an overall rating of 4.4 out of 5 stars. Traders praise the firm for its:

• Fair evaluation process;
• Competitive profit split;
• Excellent scaling options;
• Responsive and knowledgeable customer support team.

Many traders have shared success stories of passing challenges and transitioning to funded accounts. While there are some negative reviews, the overall sentiment towards Traders with Edge appears to be positive.

Customer Support: Hours & Channels

Traders with Edge offers customer support through two main channels:

• Live Chat: Available on their website for quick queries and real-time assistance;
• Email Support: For more detailed inquiries or issues requiring in-depth attention.

The support team is generally praised for being personable and knowledgeable, but there are no information on their working hours!

Traders with Edge Prop on Social Media

Traders with Edge maintains an active presence on various social media platforms:

• X (Twitter);
• Discord;
• Facebook;
• YouTube;
• Instagram.

Following these channels can help traders stay informed about the latest offerings, promotions, and community events at Traders with Edge.

TradingFinder Expert Opinion and Conclusion

Traders with Edge is Hongkonger prop firm belongs to “Swift Trader Ltd”. Their journey began in 2022 and since then, they fund traders with $1 million [scalable to $3 million].

They partner with Swift Trader broker and support 3 trading platforms [MT5, DXTrade, Match Trader]. On the contrary, maximum daily loss in this prop is just 5% and there are no educational resources offered by this prop.