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The Trading Pit Prop Trading Firm Review

PROS

  • – It only takes a minimum of 3 days to qualify for Lite and Standard – fastest in the industry
  • Overnight trading and holding positions over the weekend is allowed
  • – Wide range of available products including CME Group and EUREX
  • – Wide range of free platforms incl. ATAS and Quantower
  • Static/fixed max drawdown in all plans
  • – Relatively low priced reset fee vs. competition
  • – Scaling plan to increase number of contracts after reaching milestones from 5 up to 50 contracts

CONS

  • – Profit split on the low side ranging from 60-80% depending on plan
  • – Relatively cheap reset fee may incentivize undisciplied trading and gambling
  • – First increase in number of contracts requires reaching Level 4
  • – First increase in profit share percentage requires reaching Level 5 or higher depending on plan
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