Traders With Edge is a Hong Kong-based proprietary trading firm that offers a variety of funding programs to help aspiring traders scale their trading operations. Whether you're just starting out or looking to manage up to $3 million in capital, Traders With Edge has a plan for you. With a range of challenges, competitive pricing, and scaling opportunities, the firm is tailored to suit traders of different skill levels. Let's dive into the details.

Company Information

Company Name: Traders With Edge
Company Legal Name: Traders With Edge (Hong Kong) Limited
Company Registration No.: 17591
Operating Since: February 2022
CEO Name: Samuel Junghenn
Support Mail: support@traderswithedge.com

Challenge Details

Traders With Edge offers various challenges, each designed to test and develop your trading skills while providing you with a pathway to manage significant capital. Here’s a breakdown:

Turtle Standard Challenge

Pricing:

$5,000 Account: $55
$10,000 Account: $100
$25,000 Account: $199
$50,000 Account: $349
$100,000 Account: $549
$200,000 Account: $997
$500,000 Account: $2,997
$1,000,000 Account: $5,997

Rules:

Profit Target: 10%
Total Loss: 6%
Daily Loss: 3%
Profit Share: 80%
Drawdown Type: Equity-Based Drawdown
Time Limit: Unlimited
Leverage: 1:100 (Forex)
Payout Frequency: Every 14 days
Allows Copy Trading: Yes
Min Trading Days: 10

Turtle Aggressive Challenge

Pricing:

$5,000 Account: $88
$10,000 Account: $160
$25,000 Account: $400
$50,000 Account: $720
$100,000 Account: $1,200
$200,000 Account: $2,400
$500,000 Account: $5,600
$1,000,000 Account: $12,000

Rules:

Profit Target: 20%
Total Loss: 10%
Daily Loss: 5%
Profit Share: Not specified
Drawdown Type: Equity-Based Drawdown
Time Limit: Unlimited
Leverage: 1:100 (Forex)
Payout Frequency: Every 14 days
Allows Copy Trading: Yes
Min Trading Days: 10

Hare Standard Challenge

Pricing:

$5,000 Account: $69
$10,000 Account: $110
$25,000 Account: $220
$50,000 Account: $330
$100,000 Account: $550
$200,000 Account: $997
$400,000 Account: $1,994

Rules:

Profit Target: 10% (Phase 1), 5% (Phase 2)
Total Loss: 10%
Daily Loss: 5%
Profit Share: 80%
Drawdown Type: Equity-Based Drawdown
Time Limit: Unlimited
Leverage: 1:100 (Forex)
Payout Frequency: Every 14 days
Allows Copy Trading: Yes
Min Trading Days: 10

Hare Aggressive Challenge

Pricing:

$5,000 Account: $110
$10,000 Account: $176
$25,000 Account: $352
$50,000 Account: $528
$100,000 Account: $880
$200,000 Account: $1,595
$400,000 Account: $3,190

Rules:

Profit Target(Phase 1): 20%
Profit Target(Phase 2): 10%
Total Loss: 20%
Daily Loss: 10%
Profit Share: 80%
Drawdown Type: Equity-Based Drawdown
Time Limit: Unlimited
Leverage: 1:100 (Forex)
Max Lot Size: Not specified
Payout Frequency: Every 14 days
Allows Copy Trading: Yes
Min Trading Days: 5

Instant Standard Challenge

Pricing:

$2,500 Account: $125
$5,000 Account: $250
$10,000 Account: $500
$20,000 Account: $1,000
$40,000 Account: $2,000

Rules:

Profit Target: 10%
Total Loss: 5%
Profit Share: 50%
Drawdown Type: Static-Based Drawdown
Time Limit: Not specified
Leverage: 1:100 (Forex)
Payout Frequency: Not specified
Allows Copy Trading: Yes
Min Trading Days: 5

Instant Aggressive Challenge

Pricing:

$2,500 Account: $200
$5,000 Account: $400
$10,000 Account: $800
$20,000 Account: $1,600
$40,000 Account: $3,200

Rules:

Profit Target: 20%
Total Loss: 10%
Profit Share: 50%
Drawdown Type: Static-Based Drawdown
Time Limit: Unlimited
Leverage: 1:100 (Forex)
Payout Frequency: Every 14 days
Allows Copy Trading: Yes
Min Trading Days: 5

Scaling Plan

Traders With Edge offers two scaling plans to suit different trading styles and objectives:

Organic Scaling: For traders aiming for consistent, medium-term gains. You must achieve a 10% net gain over four months, with two of those months ending in profit. Once these criteria are met, your account will be scaled by 25%.
Rapid Scaling: Designed for traders seeking faster growth. If you leave a substantial portion of your profits in the account, Traders With Edge will add more funds, allowing you to scale more quickly.

Spreads and News Trading Rules

Spreads:

Traders With Edge partners with a broker that provides access to ECN accounts, offering tight spreads across FX majors, minors, exotics, global indices, metals, commodities, and digital assets.

News Trading Rules:

You are allowed to trade during news events. However, be cautious of higher-than-usual spreads and slippage. It's essential that your trades can be replicated on a live account with real-time slippage and spreads to qualify for payout.

Other Important Rules

Daily Drawdown Calculation

Drawdown is based on your equity or balance whichever is higher at the end of the day at 5:00 PM EST. As it works as equity based drawdown The Drawdown limit will grow or shrink based on the account size.

Countries Banned from Purchasing

Traders from Hong Kong, Australia, Cuba, Iran, North Korea, Sudan, and Syria are not eligible to join.

Certainly! Here's the merged section with the appropriate heading and bullet points for the restricted trading strategies:

Prohibited Trading Strategies

Tick Scalping: Opening and closing trades in less than 30 seconds consistently. Occasional short trades are acceptable but should not be the norm.
Arbitrage: Taking advantage of price discrepancies between brokers or markets.
Hedging Between Accounts: Using multiple accounts to offset losses and gain unfair advantages.
Manipulation: Exploiting delayed or frozen data feeds.
Unrealistic Fills: Taking advantage of slippage by using large lot sizes and closing within small price movements.
Copying Others' Trades: Copy trading is allowed, but manipulating trades or copying others’ strategies to exploit the demo environment is not permitted.
Lot Size Manipulation: After reaching the profit target, traders cannot use significantly smaller lot sizes just to meet minimum trading days.

Payout Methods

You can receive payouts via several methods, including Fasapay, Payeer, Payoneer, PayPal, Perfect Money, Wise, BTC, USDT, and bank transfer. USDT payouts are processed through the ERC20 network.

Trading Commissions

Traders With Edge offers low commissions through its partnered broker, providing competitive ECN rates.

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