One-Step Challenge Accounts
Risk Management and Transparency
A Strong Endorsement
For traders in search of a proprietary trading firm characterized by approachable and transparent trading regulations, I wholeheartedly endorse The Trading Pit. Their one-step challenge program not only provides favorable conditions but also caters to a diverse array of traders with distinctive trading methodologies.
Upon a comprehensive assessment of The Trading Pit’s offerings, it becomes clear that they represent an alluring choice within the realm of proprietary trading firms. With their commitment to responsible trading and flexibility in account selection, they empower traders to reach new heights in their trading journey.
In conclusion, The Trading Pit stands out as a reputable proprietary trading firm, providing traders with the flexibility to opt for various one-step challenge accounts tailored to different initial sizes.
The one-step challenge account presents a single-phase evaluation, necessitating the completion of the evaluation phase for funding eligibility. Traders at The Trading Pit must achieve profit targets of either 10% or 8%, depending on the initial account size, within realistic trading parameters—a 5% maximum daily drawdown and 10% maximum loss in both evaluation phases. During the evaluation period, trailing drawdown applies to €10,000 and €20,000 accounts, while €50,000 and €100,000 accounts have static drawdown. Upon reaching funded status, all account sizes adopt a trailing maximum drawdown. The one-step challenge account offers profit splits ranging from 60% to 80%, along with the ability to scale your accounts.
I strongly recommend The Trading Pit to those seeking a prop firm with clear and lenient trading rules. Their one-step challenge program, coupled with favorable conditions, makes them an appealing choice for a diverse range of traders. Taking everything into account, The Trading Pit emerges as an attractive option in the proprietary trading firm industry.
Maximum daily loss
Maximum trading days
Maximum trailing drawdown
Minimum trading days
No copy trading allowed
Maximum Capital Allocation