Glow Node is a proprietary trading firm designed to help traders unlock their full potential through its innovative evaluation challenges. Glow Node offers a unique and flexible approach to funded trading, making it accessible and appealing to traders of all experience levels. The firm's core mission is to provide traders with the tools and resources they need to succeed, including instant access to trading accounts, comprehensive monitoring dashboards, and rapid reward systems.
One of the standout features of Glow Node is its variety of evaluation challenges tailored to different trading strategies. Traders can choose between single-phase and two-phase challenges, each with specific profit targets and drawdown limits. For example, the single-phase challenge requires a 10% profit target with a 4% daily relative drawdown and an 8% maximum drawdown limit. The two-phase challenge has an 8% profit target for the first phase and a 4% target for the second phase, along with similar drawdown constraints. This flexibility allows traders to select the challenge that best fits their trading style and goals.
Glow Node emphasizes the importance of risk management and responsible trading practices. The firm has set clear guidelines on drawdown limits, trading hours, and permissible trading styles to ensure a fair and secure trading environment. Traders can keep positions open overnight and over the weekend, trade during news events, and even merge accounts for greater buying power. However, certain high-risk strategies, such as high-frequency trading, arbitrage, and martingale strategies, are prohibited to maintain the integrity of the trading environment.
Once traders achieve their targets and become funded, they can enjoy a generous profit split of up to 90%. Glow Node also offers the possibility of account scaling, allowing traders to increase their account size by 30% of the initial balance every three months, up to a maximum of $1,000,000. This scaling process further incentivizes traders to maintain consistent and profitable trading practices.
Payouts with Glow Node are straightforward and efficient. Traders can request their first payout after 14 days of trading on their live account, with subsequent payouts available every 14 days. The firm processes payments through RiseWorks.io, ensuring secure and flexible withdrawal options. Refunds are also available after the third payout for accounts purchased after a specified date, excluding instant funded accounts.
Glow Node's commitment to transparency and trader support is evident in its comprehensive set of FAQs and detailed guidelines. The firm provides clear instructions on account setup, trading rules, and payout processes, ensuring traders have all the information they need to succeed. By offering instant account access, no time limits on challenges, and rapid reward systems, Glow Node empowers traders to focus on their strategies and achieve their financial goals.
In summary, Glow Node is a forward-thinking prop trading firm that combines flexibility, robust risk management, and generous profit-sharing to create a supportive environment for traders. Whether you're a seasoned trader or just starting, Glow Node provides the resources and opportunities to help you thrive in the competitive world of trading.
