Company Information

Company Name: The Concept Trading
Company Legal Name: Vested Equities Pty Ltd
Company Registration No.: 456756
Operating Since: 21 March 2023
CEO Name: Not disclosed

Challenge Details

Traditional Challenge

Pricing

Size: $1,000 ($97)
Size: $1,500 ($147)
Size: $2,000 ($197)
Size: $2,500 ($247)

Rules

Profit Target: 6%
Total Loss: 4%
Daily Loss: None
Profit Share: 50% and up to 90%
Drawdown Type: Static Drawdown
Time Limit: Unlimited
Leverage: 1:200
Max Lot Size: None
Payout Frequency: 48 Hours
Allows Copy Trading: Yes
Min Trading Days: 0 Days

Premier Challenge

Pricing

Size: $3,000 ($297)
Size: $5,000 ($497)
Size: $10,000 ($997)
Size: $25,000 ($2,497)

Rules

Profit Target: 7%
Total Loss: 5%
Daily Loss: None
Profit Share: 50% and up to 90%
Drawdown Type: Static Drawdown
Time Limit: Unlimited
Leverage: 1:200
Max Lot Size: None
Payout Frequency: 48 Hours
Allows Copy Trading: Yes
Min Trading Days: 0 Days

Premier (Executive L1)

Pricing

Size: $10,000 ($1,197)

Rules

Profit Target: 7%
Total Loss: 5%
Daily Loss: None
Profit Share: 50% and up to 90%
Drawdown Type: Static Drawdown
Time Limit: Unlimited
Leverage: 1:200
Max Lot Size: None
Payout Frequency: 48 Hours
Allows Copy Trading: Yes
Min Trading Days: 0 Days

Empire Challenge

Pricing

Size: $10,000 ($997)
Size: $25,000 ($2,497)
Size: $50,000 ($4,997)
Size: $100,000 ($9,997)
Size: $200,000 ($19,997)

Rules

Profit Target: 10%
Total Loss: 10%
Daily Loss: None
Profit Share: 50% and up to 90%
Drawdown Type: Static Drawdown
Time Limit: Unlimited
Leverage: 1:200
Max Lot Size: None
Payout Frequency: 48 Hours
Allows Copy Trading: Yes
Min Trading Days: 0 Days

Empire (Mongol L1)

Pricing

Size: $50,000 ($5,996)

Rules

Profit Target: 10%
Total Loss: 10%
Daily Loss: None
Profit Share: 50% and up to 90%
Drawdown Type: Static Drawdown
Time Limit: Unlimited
Leverage: 1:200
Max Lot Size: None
Payout Frequency: 48 Hours
Allows Copy Trading: Yes
Min Trading Days: 0 Days

Xtreme Challenge

Pricing

Size: $10,000 ($300)
Size: $20,000 ($600)
Size: $50,000 ($2,000)
Size: $100,000 ($5,000)

Rules

Profit Target: 6%
Total Loss: 3%
Daily Loss: None
Profit Share: 50% and up to 90%
Drawdown Type: Static Drawdown
Time Limit: Unlimited
Leverage: 1:200
Max Lot Size: None
Payout Frequency: 48 Hours
Allows Copy Trading: Yes
Min Trading Days: 0 Days

Xtreme (Trailblazer L1)

Pricing

Size: $20,000 ($720)

Rules

Profit Target: 6%
Total Loss: 3%
Daily Loss: None
Profit Share: 50% and up to 90%
Drawdown Type: Static Drawdown
Time Limit: Unlimited
Leverage: 1:200
Max Lot Size: None
Payout Frequency: 48 Hours
Allows Copy Trading: Yes
Min Trading Days: 0 Days

Scaling Plan

The Concept Trading offers a robust scaling plan, allowing traders to expand their capital up to $2 million and increase their profit share to 90%. To qualify for scaling, traders must maintain consistent performance, achieving at least +3% gains for three consecutive months.

Spreads and News Trading Rules

Spreads

The Concept Trading gives traders the choice to choose between with two types of spreads:

Pro Spreads: Tighter spreads with a $7 round-turn commission.
Normal Spreads: Wider spreads with no commission.

News Trading Rules

The firm does not specify rules for news trading.

Other Important Rules

Daily Drawdown Calculation

There is no daily drawdown limit in The Concept Trading challenges therefore there are no daily drawdown calculation. The max drawdown is calculated based on Static Drawdown.

Countries Banned from Purchasing

The Concept Trading has not mentioned any list of countries which are not allowed to trade on their platform.

Gambling Rules

No gambling restrictions have been outlined.

Prohibited Trading Strategies

The Concept Traders allow all trading strategies, giving traders complete freedom.

Payout Methods

Bank Transfer
Crypto
Wise
Revolut
PayPal

Trading Commissions

The Concept Trader offers 2 type of spreads, in which trading commissions are charged differently.

For Pro Spreads: $7 round turn ($3.50 per entry/exit).
For Normal Spreads: No commissions.

IP Rule

The Concept Trading has not mentioned any IP Address Rule but we advice traders to use the same device for trading from which they have purchased the account.

Leave a Review for The Concept Trading – Share Your Prop Trading Experience

The Concept Trading

FAQs

Who is permitted to write a review on The Trusted Prop?

What areas can I focus on for providing a feedback in my review?

Do I need to upload some type of proof in order to leave a review?

How long does it take for my review to show up on the website?

Am I able to change or delete my review after submission?