Trade The Pool: Reviews And Analysis
As a specialised platform focused on funding stock traders, Trade The Pool offers a wide range of trading tools and a broad selection of stocks.
Trade The Pool is a stock trading company headquartered in Israel, established in 2016. As a specialized platform dedicated to funding stock traders, Trade The Pool offers a variety of trading tools and a wide selection of stocks.
Trade The Pool was founded to provide funding support to individuals and professional traders who enjoy trading in the stock market. With several years of industry experience, the company has established itself as a provider of professional stock trading solutions.
Key Features
- Trading Tools: Stocks.
- Funding Cap: Up to $160,000.
- Profit Split: Up to 70%.
- Cost: Starting from $97.
- Trading Platform: Proprietary platform Trader Evolution.
Pros and Cons
Pros
- Offers real trading accounts, unlike simulation accounts common with other companies.
- Focuses exclusively on stock trading, a rarity in the industry.
- Provides a 14-day free trial.
- Supports both day trading and swing trading accounts.
- Offers personalized guidance and support.
Cons
- Buying power for swing trading accounts could be higher.
- Profit split for smaller accounts is only 50%.
Free Trial and Platform
- Trade The Pool offers a 14-day free trial to test the system before committing to a purchase.
- All accounts come with access to the proprietary Trader Evolution trading platform.
Financial Evaluation and Others
- Supports trading of over 12,000 stocks and ETFs, including essential categories from the US stock market.
- Offers three types of funding account options, including day trading and swing trading accounts.
- Access to funded trading accounts is through a single-phase evaluation process.
Funding Account Size
Trade The Pool provides funding support in three different account sizes tailored for day trading and swing trading.
- Day Trading Accounts:Account funding ranges from $20,000 to $160,000, depending on the evaluation process. Evaluation costs start from $97 and vary with account size.
- Swing Trading Accounts:Smaller account funding is $3,000, while larger accounts receive up to $24,000, also requiring a single-phase challenge for account access.
Funding Account Features
- Leverage Ratio: Since funding accounts already include final buying power, no additional leverage is required.
- Profit Split: Profit split ranges from 50% for smaller accounts to up to 70% for larger accounts, aligning with industry standards.
Evaluation Process and Challenges
Day Trading Account Evaluation
Must achieve a profit target within 45 days and manage maximum daily loss and drawdown.
- Minimum trading days: None
- Challenge duration: 45 days
- Profit target: 9%-4.88%
- Maximum daily loss: 1.5%-0.81%
- Maximum drawdown: 4.5%-2.44%
- Minimum trades: 20
Swing Trading Account Evaluation
Requires achieving higher profit targets and managing maximum daily loss and drawdown within 100 days.
- Minimum trading days: None
- Challenge duration: 100 days
- Profit target: 90%-48.75%
- Maximum daily loss: 10%-5.42%
- Maximum drawdown: 30%-16.25%
- Minimum trades: 15
Other Services and Features
- Expert Advisor (EA) Support: Supports trading with Expert Advisors (EAs), but prohibits specific strategies such as arbitrage trading and copy trading.
- Free Trial: Offers a 14-day free trial to help new users evaluate the platform's suitability.
- Account Reset: Users can reset their accounts by paying a reset fee, rather than through free retries.
Platform and Trading Rules
- Platform and Trial: Trade The Pool provides the Trader Evolution trading platform and offers a 14-day free trial.
- Trading Hours: Allows holding positions over weekends and nights, with nighttime trading limited to 10% of buying power to automatically close positions exceeding risk limits.
- Expert Advisors (EA) and Reset: Supports EA trading while prohibiting arbitrage and copy trading. Account resets incur corresponding fees.
Trade The Pool offers a variety of funding account options and flexible trading conditions suitable for various types of stock traders. Through its proprietary Trader Evolution platform and personalized support services, it provides traders with a stable, secure, and profitable trading environment.
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