Trader 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

Trader 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

Trader 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

Trader 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

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

• 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

• 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: Trader 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: Trader 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

Trader 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

Before you jump into one of Trader Launch’s challenges, here are some additional rules and details you should be aware of:

Daily Drawdown 

Trader 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

Trader 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

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

• 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

Trader 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

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

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.