Details About The Concept Trading
- Legal Name: The legal name of The Concept Trading is Vested Equities Pty Ltd.
- Company Number: The registration number of The Concept Trading is 456756.
- Country of Registration: The Concept Trading is registered in CY.
- CEO: The CEO of The Concept Trading is not publicly disclosed.
- Support Mail: You can contact The Concept Trading at [email protected].
- Phone: The phone number for The Concept Trading is +61 7 4599 3855.
- Payment Modes: The Concept Trading supports payments via Crypto, Credit/Debit Card, PayPal, Wire transfer/ Bank Transfer, WISE, Revolut.
- Withdrawal Modes: The Concept Trading facilitates withdrawals through Wire Transfer/ Bank Transfer, Crypto.
- Official Website: Visit the official website of The Concept Trading at https://theconcepttrading.com.
- Banned Countries: The Concept Trading does not allow traders from undisclosed countries.
Challenge Details at The Concept Trading
- Types of Challenge:The challenges offered at The Concept Trading include One Phase Challenge, Instant Funding.
- Trading Platforms:The Concept Trading supports trading on DXTrade.
- Trading Instruments:Traders at The Concept Trading can trade Forex, Metals, Energies, Crypto, Indices, Commodities.
- Broker:The broker associated with The Concept Trading is not disclosed.
- Max Allocation:The maximum allocation provided by The Concept Trading is 5,000,000.
- Scaling:The scaling potential at The Concept Trading reaches up to 50,000,000.
- Trading Competitions:The Concept Trading does not organize trading competitions for traders.
- Free Trials:The Concept Trading does not offer free trials to its users.
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.
The Concept Trading Challenge Account Pricing
Traditional
Pricing
Size: $1000 ($97)
Size: $1500 ($147)
Size: $2000 ($197)
Size: $2500 ($247)
Features
Drawdown Type
Equity Based Drawdown
Copy Trading
Copy Trading Allowed
Drawdown
4%%
EA Allowed
EA Allowed
News Trading
News Trading is Allowed
Profit Target
6%
Daily Loss
No daily drawdown%
Premier
Pricing
Size: $3000 ($297)
Size: $5000 ($497)
Size: $10000 ($997)
Size: $25000 ($2497)
Features
Drawdown Type
Equity Based Drawdown
Copy Trading
Copy Trading Allowed
Drawdown
5%%
EA Allowed
EA Allowed
News Trading
News Trading is Allowed
Profit Target
7%
Daily Loss
No daily drawdown%
Premier (Executive L1)
Pricing
Size: $10000 ($1197)
Features
Drawdown Type
Equity Based Drawdown
Copy Trading
Copy Trading Allowed
Drawdown
5%%
EA Allowed
EA Allowed
News Trading
News Trading is Allowed
Profit Target
7%
Daily Loss
No daily drawdown%
Empire
Pricing
Size: $10000 ($997)
Size: $25000 ($2497)
Size: $50000 ($4997)
Size: $100000 ($9997)
Size: $200000 ($19997)
Features
Drawdown Type
Equity Based Drawdown
Copy Trading
Copy Trading Allowed
Drawdown
10%%
EA Allowed
EA Allowed
News Trading
News Trading is Allowed
Profit Target
10%
Daily Loss
No daily drawdown%
Empire (Mongol L1)
Pricing
Size: $50000 ($5996)
Features
Drawdown Type
Equity Based Drawdown
Copy Trading
Copy Trading Allowed
Drawdown
10%%
EA Allowed
EA Allowed
News Trading
News Trading is Allowed
Profit Target
10%
Daily Loss
No daily drawdown%
Xtreme
Pricing
Size: $10000 ($300)
Size: $20000 ($600)
Size: $50000 ($2000)
Size: $100000 ($5000)
Features
Drawdown Type
Equity Based Drawdown
Copy Trading
Copy Trading Allowed
Drawdown
3%%
EA Allowed
EA Allowed
News Trading
News Trading is Allowed
Profit Target
6%
Daily Loss
No daily drawdown%
Xtreme (Trailblazer L1)
Pricing
Size: $20000 ($720)
Features
Drawdown Type
Equity Based Drawdown
Copy Trading
Copy Trading Allowed
Drawdown
3%%
EA Allowed
EA Allowed
News Trading
News Trading is Allowed
Profit Target
6%
Daily Loss
No daily drawdown%
Frequently Asked Questions
Reviews
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