Traders With Edge is a Hong Kong-based proprietary trading firm that offers a variety of funding programs to help aspiring traders scale their trading operations. Whether you're just starting out or looking to manage up to $3 million in capital, Traders With Edge has a plan for you. With a range of challenges, competitive pricing, and scaling opportunities, the firm is tailored to suit traders of different skill levels. Let's dive into the details.

Company Information

Company Name: Traders With Edge
Company Legal Name: Traders With Edge (Hong Kong) Limited
Company Registration No.: 17591
Operating Since: February 2022
CEO Name: Samuel Junghenn
Support Mail: [email protected]

Challenge Details

Traders With Edge offers various challenges, each designed to test and develop your trading skills while providing you with a pathway to manage significant capital. Here’s a breakdown:

Turtle Standard Challenge

Pricing:

• $5,000 Account: $55
• $10,000 Account: $100
• $25,000 Account: $199
• $50,000 Account: $349
• $100,000 Account: $549
• $200,000 Account: $997
• $500,000 Account: $2,997
• $1,000,000 Account: $5,997

Rules:

• Profit Target: 10%
• Total Loss: 6%
• Daily Loss: 3%
• Profit Share: 80%
• Drawdown Type: Equity-Based Drawdown
• Time Limit: Unlimited
• Leverage: 1:100 (Forex)
• Payout Frequency: Every 14 days
• Allows Copy Trading: Yes
• Min Trading Days: 10

Turtle Aggressive Challenge

Pricing:

• $5,000 Account: $88
• $10,000 Account: $160
• $25,000 Account: $400
• $50,000 Account: $720
• $100,000 Account: $1,200
• $200,000 Account: $2,400
• $500,000 Account: $5,600
• $1,000,000 Account: $12,000

Rules:

• Profit Target: 20%
• Total Loss: 10%
• Daily Loss: 5%
• Profit Share: Not specified
• Drawdown Type: Equity-Based Drawdown
• Time Limit: Unlimited
• Leverage: 1:100 (Forex)
• Payout Frequency: Every 14 days
• Allows Copy Trading: Yes
• Min Trading Days: 10

Hare Standard Challenge

Pricing:

• $5,000 Account: $69
• $10,000 Account: $110
• $25,000 Account: $220
• $50,000 Account: $330
• $100,000 Account: $550
• $200,000 Account: $997
• $400,000 Account: $1,994

Rules:

• Profit Target: 10% (Phase 1), 5% (Phase 2)
• Total Loss: 10%
• Daily Loss: 5%
• Profit Share: 80%
• Drawdown Type: Equity-Based Drawdown
• Time Limit: Unlimited
• Leverage: 1:100 (Forex)
• Payout Frequency: Every 14 days
• Allows Copy Trading: Yes
• Min Trading Days: 10

Hare Aggressive Challenge

Pricing:

• $5,000 Account: $110
• $10,000 Account: $176
• $25,000 Account: $352
• $50,000 Account: $528
• $100,000 Account: $880
• $200,000 Account: $1,595
• $400,000 Account: $3,190

Rules:

• Profit Target(Phase 1): 20%
• Profit Target(Phase 2): 10%
• Total Loss: 20%
• Daily Loss: 10%
• Profit Share: 80%
• Drawdown Type: Equity-Based Drawdown
• Time Limit: Unlimited
• Leverage: 1:100 (Forex)
• Max Lot Size: Not specified
• Payout Frequency: Every 14 days
• Allows Copy Trading: Yes
• Min Trading Days: 5

Instant Standard Challenge

Pricing:

• $2,500 Account: $125
• $5,000 Account: $250
• $10,000 Account: $500
• $20,000 Account: $1,000
• $40,000 Account: $2,000

Rules:

• Profit Target: 10%
• Total Loss: 5%
• Profit Share: 50%
• Drawdown Type: Static-Based Drawdown
• Time Limit: Not specified
• Leverage: 1:100 (Forex)
• Payout Frequency: Not specified
• Allows Copy Trading: Yes
• Min Trading Days: 5

Instant Aggressive Challenge

Pricing:

• $2,500 Account: $200
• $5,000 Account: $400
• $10,000 Account: $800
• $20,000 Account: $1,600
• $40,000 Account: $3,200

Rules:

• Profit Target: 20%
• Total Loss: 10%
• Profit Share: 50%
• Drawdown Type: Static-Based Drawdown
• Time Limit: Unlimited
• Leverage: 1:100 (Forex)
• Payout Frequency: Every 14 days
• Allows Copy Trading: Yes
• Min Trading Days: 5

Scaling Plan

Traders With Edge offers two scaling plans to suit different trading styles and objectives:

• Organic Scaling: For traders aiming for consistent, medium-term gains. You must achieve a 10% net gain over four months, with two of those months ending in profit. Once these criteria are met, your account will be scaled by 25%.
• Rapid Scaling: Designed for traders seeking faster growth. If you leave a substantial portion of your profits in the account, Traders With Edge will add more funds, allowing you to scale more quickly.

Spreads and News Trading Rules

Spreads:

Traders With Edge partners with a broker that provides access to ECN accounts, offering tight spreads across FX majors, minors, exotics, global indices, metals, commodities, and digital assets.

News Trading Rules:

You are allowed to trade during news events. However, be cautious of higher-than-usual spreads and slippage. It's essential that your trades can be replicated on a live account with real-time slippage and spreads to qualify for payout.

Other Important Rules

Daily Drawdown Calculation

Drawdown is based on your equity or balance whichever is higher at the end of the day at 5:00 PM EST. As it works as equity based drawdown The Drawdown limit will grow or shrink based on the account size.

Countries Banned from Purchasing

Traders from Hong Kong, Australia, Cuba, Iran, North Korea, Sudan, and Syria are not eligible to join.

Payout Methods

You can receive payouts via several methods, including Fasapay, Payeer, Payoneer, PayPal, Perfect Money, Wise, BTC, USDT, and bank transfer. USDT payouts are processed through the ERC20 network.

Trading Commissions

Traders With Edge offers low commissions through its partnered broker, providing competitive ECN rates.