The Trading Pit is a Liechtenstein-based futures and forex funding company founded in 2021 that offers trading in a wide range of financial instruments, including forex, stock indices, metals, commodities, stocks, cryptocurrencies, and more.

Key Features

• Trading Instruments: Forex, Indices, Metals, Commodities, Stocks, Cryptocurrencies, Equity Futures, Forex Futures, Agricultural Futures, Energy, Interest Rate Futures, Metals Futures.
• Max Balance: $5,000,000
• Profit Split: Up to 80%
• Cost: Starting from €99
• Trading Platforms: MetaTrader 4, MetaTrader 5, ATAS, Quantower, R/Trader, Sierra Charts, Jigsaw, Volfix

Pros & Cons

Pros

• Ability to trade both forex/CFDs and real futures.
• Account scalability up to $5 million.
• Fast funding, as quickly as 3 days upon meeting objectives.
• Low-cost challenges refunded with initial payout.
• Free trading platforms for forex and futures.

Cons

• Default forex leverage limited to 1:30, compliant with ESMA broker requirements but relatively low.

Challenges and Funding

To gain access to funded accounts, you need to pass a challenge. Each challenge has different entry requirements, objectives, and corresponding profit splits. Here are several typical challenge options:

• Forex Challenges:Offers multiple levels of forex challenges such as Lite, Standard, Executive, and VIP, each corresponding to different initial funds and profit targets.
• Futures Challenges:Includes Lite, Standard, Executive, and VIP levels of futures challenges, requiring traders to achieve specific profit targets and maximum drawdowns within defined periods.

Forex Challenges

Lite

• Starting Funds: €10,000 Minimum
• Trading Days: 5 days
• Max Trailing Drawdown: 7%
• Max Daily Drawdown: 4%
• Profit Target: 10%
• Profit Split: 50% to 70%

Standard

• Starting Funds: €20,000
• Minimum Trading Days: 5 days
• Max Trailing Drawdown: 7%
• Max Daily Drawdown: 4%
• Profit Target: 10%
• Profit Split: 50% to 70%

Executive

• Starting Funds: €50,000
• Minimum Trading Days: 5 days
• Max Trailing Drawdown: 7%
• Max Daily Drawdown: 4%
• Profit Target: 10%
• Profit Split: 60% to 80%

VIP

• Starting Funds: €100,000
• Minimum Trading Days: 5 days
• Max Trailing Drawdown: 7%
• Max Daily Drawdown: 4%
• Profit Target: 10%
• Profit Split: 60% to 80%

Futures Challenges

Lite

• Maximum Contracts: 10 micro contracts
• Minimum Trading Days: 3 days
• Max Trailing Drawdown: 2.5%
• Max Daily Drawdown: 1.3%
• Profit Target: 5%
• Profit Split: 60% to 70%

Standard

• Maximum Contracts: 50 micro contracts or 5 standard contracts
• Minimum Trading Days: 3 days
• Max Trailing Drawdown: 2%
• Max Daily Drawdown: 1%
• Profit Target: 3.3%
• Profit Split: 60% to 70%

Executive

Maximum Contracts: 50 micro contracts or 5 standard contracts

Minimum Trading Days: 3 days (two stages)

Max Trailing Drawdown: Stage 1: 2.3%, Stage 2: 2.0%

Max Daily Drawdown: Stage 1: 1.7%, Stage 2: 0.7%

Profit Target: 2.0%

Profit Split: 60% to 80%

VIP

Maximum Contracts: 100 micro contracts or 10 standard contracts

Minimum Trading Days: 3 days (two stages)

Max Trailing Drawdown: Stage 1: 2.0%, Stage 2: 1.2%

Max Daily Drawdown: Stage 1: 1.0%, Stage 2: 0.6%

Profit Target: 1.2%

Profit Split: 60% to 80%

Trading Platforms

The Trading Pit offers a variety of popular trading platform options to meet different traders' needs and preferences:

• Forex Trading Platform: MetaTrader 4 or MetaTrader 5 platforms are available for forex trading, both widely popular globally.
• Futures Trading Platform: Includes the free Rithmic platform and licensed platforms like Sierra Charts, Jigsaw, and Volfix.

EA Usage Rules

You can use Expert Advisors (EAs/robots) for trading, subject to certain restrictions:

• Cannot copy others' trades.
• No short-term trading, with a minimum trading duration of 1 minute.
• Prohibited from latency/reverse/hedge arbitrage trading.
• Emulators are not allowed.

Notes

• Currently, the company does not offer free trials.
• There are no free repeats available, but resets are possible for rule violations.
• Trading is prohibited from opening new positions within 2 minutes before and after high-impact news events.

The Trading Pit is a preferred choice among global traders due to its wide range of trading instruments, high-profit splits, and innovative challenge models.

Whether you are a novice or an experienced trader, The Trading Pit provides various account types and challenges tailored to different needs and capital scales, aiming to help traders achieve their financial goals.