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The Trading Pit

The Trading Pit

Active Promotion
3.7(937)

The Trading Pit

Active Promotion
3.7(937)
Illimar Mattus, Daniela Egli🇱🇮Liechtenstein Vaduz Founded 2022CFD, Futures
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Profit Split
up to 80%
Max Alloc.
$200,000
Payout Frequency
Bi-weekly
Challenge Types
2 types
Trustpilot
3.7/5
Active Promotion
10% OFF - Code: HUNTERS
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Overview
Firm Overview

The Trading Pit is a multi-asset prop trading firm that aims to set a new standard in trading and investing. They support traders in over 200 countries to help them succeed in their trading careers.

CEO / Founder
Illimar Mattus, Daniela Egli
Headquarters
Vaduz
Regulation
Registered in Liechtenstein
Broker
The Trading Pit Proprietary
Contact
support@thetradingpit.com
Payment Methods
Credit Card, Debit Card, Crypto, Bank Transfer, PayPal, Skrill, Neteller, Apple Pay, Google Pay, SEPA
AI-Powered Review SummaryAI

The Trading Pit is a proprietary trading firm founded in 2022 and headquartered in Vaduz, Liechtenstein. It offers trading across multiple asset classes including Forex, Crypto, Indices, Metals, Energies, Stocks, Futures, and Commodities using CFDs and Futures contracts. Traders can choose between 1-step or 2-step evaluation challenges with a profit target of 10%, a maximum daily drawdown limit of 4%, and a total drawdown limit of 7%. The firm provides up to an 80% profit split on funded accounts with a maximum allocation of $200,000, and payouts are made bi-weekly via Bank Transfer, Crypto, or PayPal. Supported trading platforms include MT4, MT5, cTrader, DXtrade, and TradingView, and leverage varies by asset type, e.g., 1:50 for Forex and 1:2 for Crypto. The Trading Pit has a Trustpilot rating of 3.7/5 based on 937 reviews and distinguishes itself by allowing news trading, weekend holding, and the use of EAs with restrictions, while prohibiting copy trading. It accepts a wide range of payment methods but restricts traders from certain countries including the United States and Russia.

Pros

  • Up to 80% profit split with $200,000 max funded allocation
  • Supports multiple platforms: MT4, MT5, cTrader, DXtrade, TradingView
  • Allows news trading, weekend holding, and EA use with restrictions
  • Wide asset coverage including Forex, Crypto, Stocks, and Futures
  • Flexible payment options including Crypto, PayPal, and Apple Pay
  • Bi-weekly payouts via multiple methods including Bank Transfer

Cons

  • Founded in 2022, limited track record compared to older firms
  • 4% max daily drawdown can be restrictive for some trading styles
  • 3.7/5 Trustpilot rating indicates mixed user feedback
  • Copy trading is prohibited, limiting social trading options
Instruments & Assets
Instrument Type
CFDFutures
Assets Available
ForexCryptoIndicesMetalsEnergiesStocksFuturesCommodities
Platforms Supported
MT4 MT5 cTrader DXtrade TradingView
Leverage
Asset ClassLeverage
forex1:50
metals1:10
energy1:10
indices1:15
crypto1:2
stocks1:2
Commissions & Spreads
Spread Type
Raw spreads from 0.0 pips
Asset ClassCommission
forex$5.00/lot
Consistency Rules

40% consistency rule for Futures challenges (max profit in one day is 40% of profit target)

Trading Conditions

Risk Management

Max Daily Drawdown4%
Max Total Drawdown7%
Profit Target10%
Min Trading Days3

Trading Permissions

News Trading
Allowed
Weekend Holding
Allowed
EA/Bots Allowed
Allowed

Allowed (with restrictions)

Copy Trading
Not Allowed
Challenges6

1-Step

Account SizeStepsProfit TargetDaily LossMax LossProfit SplitCost per $1KPrice
$5,0001 Step10%4%7%up to 80%$9.80/K$49.00$54.44
$10,0001 Step10%4%7%up to 80%$9.90/K$99.00$110.00
$20,0001 Step10%4%7%up to 80%$9.95/K$199.00$221.11
$50,0001 Step10%4%7%up to 80%$6.98/K$349.00$387.78
$100,0001 Step10%4%7%up to 80%$5.69/K$569.00$632.22
$200,0001 Step10%4%7%up to 80%$5.70/K$1139.00$1265.56
Payouts
Profit Splitup to 80%
Payout FrequencyBi-weekly
Minimum PayoutN/A

Withdrawal Methods

Bank TransferCryptoPayPal
Scaling Plan

No scaling plan information available.

Restricted Countries
North Korea Iran Syria Cuba Myanmar Russia Belarus United States

This list may not be exhaustive. Always verify on the firm's official website.

Frequently Asked Questions

The Trading Pit FAQ

Find answers to the most common questions about The Trading Pit, including pricing, rules, payouts, and more.