Details About Trade The Pool
Legal Name: FIVE PERCENT ONLINE LTD
Company Number: 12553363
Country of Registeration: GB
CEO: Michael Katz
Support Mail: [email protected]
Phone: Not available
Payment Modes: Credit/Debit Card, Crypto, PayPal
Withdrawal Methods: Wire Transfer/ Bank Transfer, Crypto
Website: https://tradethepool.com
Banned Countries:
Challenge Details at Trade The Pool
Types of Challenges: One Phase Challenge
Trading Platforms: Metatrader, MatchTrader
Trading Instruments: Stocks
Broker: Eightcap
Max Allocation: $260,000
Scaling: $Not available
Trading Competitions: Organizes Trading Competitions
Free Trials: Offers free Trials
About Trade The Pool
Trade The Pool is stock trading prop firm offered by The 5ers, Trade The Pool was established in September 2022 and founded by Gil Ben Hur who is also the founder of The 5ers, One of the most trusted forex prop firm in the whole prop firm space. Trade The Pool allows traders to trade more than 12000 Stocks including penny stocks as well and Trade The Pool also boasts for their no PDT rule therefore traders can easily do day trading without any restrictions and as much as they want in the whole week.
Company Information
Company Name : Trade The Pool
Company Legal Name and Registration No. : Five Percent Online LTD.
Company CEO : Michael Katz
Company Headquarters Address : 14 Haroshet st, Raanaa, Israel
Company UK Address : Enstar House, 168, Praed Street, London, United Kingdom, W2 1RH
Challenge Details
Trade The Pool provides 2 different type of challenge accounts , Day Trading and Swing.
Day Trading Challenge :-
Prices :
$20,000 : $97
$80,000 : $300
$160,000 : $497
Rules(For 20K Account):
- Profit Target: $1,800
- Total Loss: $900
- Daily Loss: $300
- Profit Share: 50%
- Growth : 5%
- Drawdown Type: Static
- Time Limit: 45 Days
- Payout Frequency: 14 Days
- Minimum Trades: 20 Trades
- PDT Rule : No Restrictions
- Trading Booster : Optional
- Real Time Market Data : Free
Rules(For 80K Account):
- Profit Target: $4,200
- Total Loss: $2,100
- Daily Loss: $700
- Profit Share: 60%
- Growth : 5%
- Drawdown Type: Static
- Time Limit: 45 Days
- Payout Frequency: 14 Days
- Minimum Trades: 20 Trades
- PDT Rule : No Restrictions
- Trading Booster : Free
- Real Time Market Data : Free
Rules(For 160K Account):
- Profit Target: $7,800
- Total Loss: $3,900
- Daily Loss: $1,300
- Profit Share: 70%
- Growth : 8%
- Drawdown Type: Static
- Time Limit: 45 Days
- Payout Frequency: 14 Days
- Min Trading Days: 0 Days
- PDT Rule : No Restrictions
- Trading Booster : Free
- Real Time Market Data : Free
Swing Trading Challenge :-
Prices :
$3,000 : $110
$12,000 : $330
$24,000 : $490
Rules(For 3K Account):
- Profit Target: $2,700
- Total Loss: $900
- Daily Loss : $300
- Profit Share: 50%
- Growth : 5%
- Drawdown Type: Static
- Time Limit: 100 Days
- Payout Frequency: 14 Days
- Minimum Trades: 15 Trades
- Trading Booster : Optional
- Real Time Market Data : Free
Rules(For 12K Account):
- Profit Target: $6,300
- Total Loss: $2,100
- Daily Loss : $700
- Profit Share: 60%
- Growth : 5%
- Drawdown Type: Static
- Time Limit: 100 Days
- Payout Frequency: 14 Days
- Minimum Trades: 15 Trades
- Trading Booster : Free
- Real Time Market Data : Free
Rules(For 24K Account):
- Profit Target: $2,700
- Total Loss: $900
- Daily Loss : $300
- Profit Share: 50%
- Growth : 5%
- Drawdown Type: Static
- Time Limit: 100 Days
- Payout Frequency: 14 Days
- Minimum Trades: 15 Trades
- Trading Booster : Free
- Real Time Market Data : Free
Scaling Plan
Scaling Plan works differently for both Day Trading and Swing Trading.
Eligibility Criteria :- Once a trader is funded they have to make at least 10% profit based on their initial balance.
For Day Trading plans :
Mini Buying Power-
- Account size will be increased by $2000
- Daily Drawdown will be increased by 1%
Super Buying Power-
- Account size will be increased by $5000
- Daily Drawdown will be increased by 1%
Extra Buying Power-
- Account size will be increased by $10000
- Daily Drawdown will be increased by 1%
Ultimate Buying Power-
- Account size will be increased by $20000
- Daily Drawdown will be increased by 1%
For Swing Trading plans :
Mini Buying Power-
- Account size will be increased by $100
- Daily Drawdown will be increased by 1%
Super Buying Power-
- Account size will be increased by $300
- Daily Drawdown will be increased by 1%
Extra Buying Power-
- Account size will be increased by $1000
- Daily Drawdown will be increased by 1%
Ultimate Buying Power-
- Account size will be increased by $2000
- Daily Drawdown will be increased by 1%
Other Important Rules:-
Daily Drawdown Calculation
The Daily Drawdown is not be calculated instead the drawdown will be set to a limit and traders are not allowed to lose more than that limit in a day.
Countries Banned from Purchasing
There are few countries that are not allowed to take benefit from the services of Trade The Pool and these countries are - Afghanistan, Burundi, Central African Republic, Congo Republic, Cuba, Crimea, Democratic Republic of Congo, Eritrea, Guinea, Guinea-Bissau, Iran, Iraq, Laos, Liberia, Libya, Myanmar, North Korea, Papua New Guinea, Somalia, South Sudan, Sudan, Syria, Vanuatu, Venezuela, Yemen, Zimbabwe.
Prohibited Strategies
There are not many restriction on strategies but Trade The Pool still prohibits few trading strategies
- Arbitrage Trading
- High-Frequency Trading
Payout Methods :
Trade The Pool offers two payout methods for withdrawals and the minimum withderawable profit limit is $300.
- Riseworks - For Bank Transfers and Crypto
- Crypto - The traditional Crypto payment
Trading Commissions :
Trading Commission set by the liquidity Providers of Trade The Pool and the commission are charged as $0.75 or 1/2 Cent per share.
$20,000 : $97
$80,000 : $300
$160,000 : $497
$3,000 : $110
$12,000 : $330
$24,000 : $490