
Futures Prop Firm
Details About Traders Launch
- Legal Name of Traders Launch: The legal name of Traders Launch is Traders Launch LLC.
- Company Number of Traders Launch: The registration number of Traders Launch is 7143809.
- Country of Registration of Traders Launch: Traders Launch is registered in US.
- CEO of Traders Launch: The CEO of Traders Launch is Max Thomas.
- Support Mail of Traders Launch: You can contact Traders Launch at [email protected].
- Phone of Traders Launch: The phone number for Traders Launch is not publicly available.
- Payment Modes of Traders Launch: Traders Launch supports payments via Credit/Debit Card.
- Withdrawal Modes of Traders Launch: Traders Launch facilitates withdrawals through Wire Transfer/ Bank Transfer, Crypto.
- Official Website of Traders Launch: Visit the official website of Traders Launch at https://www.traderslaunch.com.
- Banned Countries of Traders Launch: Traders Launch does not allow traders from Afghanistan, Burundi, Central African Republic, Congo, Congo (DR), Eritrea, Guinea, Guinea-Bissau, Iraq, North Korea, Liberia, Papua New Guinea, Vanuatu, Venezuela, Yemen, South Sudan.
Challenge Details at Traders Launch
- Types of Challenge of Traders Launch:The challenges offered at Traders Launch include Two Phase Challenge.
- Trading Platforms of Traders Launch:Traders Launch supports trading on undisclosed platforms.
- Trading Instruments of Traders Launch:Traders at Traders Launch can trade Futures.
- Broker:The broker associated with Traders Launch is Interactive Brokers.
- Max Allocation of Traders Launch:The maximum allocation provided by Traders Launch is 200,000.
- Scaling of Traders Launch:The scaling potential at Traders Launch reaches up to 15.
- Trading Competitions of Traders Launch:Traders Launch does not organize trading competitions for traders.
- Free Trials of Traders Launch:Traders Launch does not offer free trials to its users.
Traders Launch is a trusted company that helps traders access money to trade futures with funded accounts, providing opportunities to access up to $200,000 in capital. It runs various challenges where traders can prove their skills to earn funding, and offers fair, transparent rules and payout structures. If you're a trader looking to leverage larger amounts of capital and grow in the futures market, Trader Launch might be the platform to consider. In this review, we’ll explore the challenges, rules, and payout processes to help you decide if it's the right fit for you.
Company Information of Traders Launch
Traders Launch is a US-based prop firm that allows traders to trade futures contracts using company-provided capital. The company offers several benefits, including flexible drawdown rules and a simple evaluation process.
Company Legal Name:
Legal Name: Traders Launch LLC
Company Registration Number: 7143809
Country of Registration: United States
CEO: Max Thomas
Support Email: [email protected]
Website: https://www.traderslaunch.com
Challenge Details of Traders Launch
Tradesr Launch offers a straightforward evaluation process designed to filter out gamblers and reward skilled traders. You’ll find that they offer two types of challenges, with both focusing on futures trading.
Types of Challenge It Offers of Traders Launch
Traders Launch offers two main challenges:
- 100K Futures Challenge ($109 fee)
- 200K Futures Challenge ($169 fee)
Both challenges follow a one-phase structure with equity-based drawdowns and similar rules. However, there are slight differences in the size and profit targets.
One Phase Challenge Overview of Traders Launch
In the one-phase challenge, traders only need to meet a set of criteria once to pass the evaluation and earn a funded account.
Here’s a breakdown of what each challenge involves:
Challenge Name: 100K Futures Challenge of Traders Launch
- Pricing: $109
- Account Size: $100,000
- Profit Target: 2% ($2,000)
- Total Loss Limit: $800 End of Day Drawdown
- Profit Share: 80%
- Drawdown Type: Equity-Based (End of Day Drawdown)
- Time Limit: No time limit
- Leverage: Not specified
- Max Lot Size: 5 Micros
- Payout Frequency: Upon request after 1% growth
- Copy Trading: Not allowed
Minimum Trading Days: 3 minimum trading days
Challenge Name: 200K Futures Challenge of Traders Launch
- Pricing: $169
- Account Size: $200,000
- Profit Target: 2% ($3,000)
- Total Loss Limit: $1,000 End of Day Drawdown
- Profit Share: 80%
- Drawdown Type: Equity-Based (End of Day Drawdown)
- Time Limit: No time limit
- Leverage: Not specified
- Max Lot Size: 1 mini or 10 micros
- Payout Frequency: Upon request after 1% growth
- Copy Trading: Not allowed
Minimum Trading Days: 3 minimum trading days
Scaling Plan: Traders Launch offers scaling plans for traders who consistently make profits. As your account grows, you’ll be able to trade with larger sizes, maximizing your earning potential.
Spreads: Traders Launch does not offer specific details about spreads, but their futures contracts are traded with Interactive Brokers, which generally has competitive rates.
News Trading Rules of Traders Launch
Traders Launch does not allow news trading during the evaluation phase. This is because large market swings during news events can create unfair conditions for passing the challenge.
Other Things to Keep in Mind of Traders Launch
Before you jump into one of Traders Launch’s challenges, here are some additional rules and details you should be aware of:
Daily Drawdown of Traders Launch
Traders Launch uses an End of Day (EOD) drawdown system. This means your account’s drawdown is only calculated based on the balance at the end of the trading day. The drawdown locks once you reach your starting balance, ensuring fairness.
Countries Banned from Purchasing of Traders Launch
Traders Launch does not mention any specific countries where participation is banned. However, it's always a good idea to check with customer support if you’re unsure.
Gambling Rules of Traders Launch
To avoid rewarding gamblers, Trader Launch has a 40% Rule in place during the evaluation. This rule means no single trade can account for more than 40% of your overall profit.
Strategies That Are Not Allowed in Traders Launch
- Copy Trading: Not allowed during both the evaluation and funded stages.
- EA (Expert Advisors): Automated trading via bots or expert advisors is not allowed.
Swing Trading: Not allowed during the evaluation phase. However, once funded, you may be able to swing trade if you’ve achieved at least 10% growth.
Payout Methods of Traders Launch
Traders Launch offers payouts through Bank Wire Transfer and Crypto. They process withdrawals quickly, often within the same day, and traders keep 80% of their profits.
Trading Commissions of Traders Launch
Since Trader Launch uses brokers like Interactive Brokers and NinjaTrader, you’ll be subject to standard commission fees for futures contracts. These fees are usually minimal.
IP Rules of Traders Launch
Each trader must use their own internet connection and IP address. Sharing accounts or using multiple IP addresses is not allowed and could lead to account suspension.
Traders Launch Challenge Account Pricing
100K Futures 80% Split
Pricing
Size: $100000 ($109)
Features
Drawdown Type
Equity Based Drawdown
Copy Trading
Copy Trading Allowed
Drawdown
%
EA Allowed
EA Allowed
News Trading
News Trading is Allowed
Profit Target
2%
Daily Loss
No daily drawdown%
100K Futures 55% Split
Pricing
Size: $100000 ($54)
Features
Drawdown Type
Equity Based Drawdown
Copy Trading
Copy Trading Allowed
Drawdown
%
EA Allowed
EA Allowed
News Trading
News Trading is Not Allowed
Profit Target
2%
Daily Loss
No daily drawdown%
200K Futures 80% Split
Pricing
Size: $200000 ($169)
Features
Drawdown Type
Equity Based Drawdown
Copy Trading
Copy Trading Allowed
Drawdown
%
EA Allowed
EA Allowed
News Trading
News Trading is Allowed
Profit Target
2
Daily Loss
No daily drawdown%
200k Futures 55% Split
Pricing
Size: $200000 ($84)
Features
Drawdown Type
Equity Based Drawdown
Copy Trading
Copy Trading Allowed
Drawdown
%
EA Allowed
EA Allowed
News Trading
News Trading is Allowed
Profit Target
2
Daily Loss
No daily drawdown%
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