Trade Out Loud, officially known as TradeOutLoud LLC, is a Delaware-based proprietary trading firm offering traders the opportunity to trade with funded accounts without risking their own capital. With a straightforward path to funding, traders begin by selecting an account size and trading style without any minimum trading days. The process starts with the TOL Audition, where traders must grow a demo account by 10% while adhering to specific rules. Upon successful completion, traders can claim their funded account, trade, and keep 75% of the profits.
Trade Out Loud offers various account sizes, including the Silver Account ($50k for a $500 fee), Gold Account ($100k for a $1000 fee), Platinum Account ($200k for a $2000 fee), and Diamond Account ($500k for a $5000 fee). Each account comes with a profit target, daily max loss, max drawdown, and a 75/25 profit split.
The firm emphasizes risk management, requiring stop losses on trades and enforcing rules on daily loss limits and maximum trailing drawdowns. Traders must close all positions by 3:45 PM EST on Fridays and adhere to lot size limits based on their account size. Inactivity for more than 30 days will result in a breach.
Trade Out Loud collaborates with Deel for issuing trader agreements and processing profit withdrawals, ensuring a smooth transition from assessment to live trading. Traders can request profit withdrawals once per month, with profits handled via Deel’s various methods.
With a focus on flexibility and support, Trade Out Loud accommodates traders globally, excluding OFAC-listed countries, and welcomes traders aged 18 and above. The firm also allows the use of Expert Advisors and trading during news events, providing a comprehensive and trader-friendly environment.