20,0%
Top 3
10,0%
Top 5
7,0%
Top 10
5,0%
Top 20
1,0%
Top 40
0,5%
Top 100
0,2%
Top 100+
0,05%
Jan.
Feb.
Mar.
Apr.
May.
Jun.
Jul.
Aug.
Sep.
Oct.
Nov.
Dec.
The Trading Capital Review 2024
Minimum
deposit:
deposit:
- $449
Trading platform:
- MT4
Minimum
deposit:
deposit:
- $449
Trading platform:
- MT4
Trading features:
- One type of account
- balance from $50,000 to $500,000
- 120% of the initial fee is refunded
- no restrictions on trading strategies and instruments
- the profit split is 85/15
- profitable referral program
Leverage:
- Up to 1:100
Summary of The Trading Capital Trading Company
The Trading Capital is a moderate-risk prop trading firm with the TU Overall Score of 5.17 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by The Trading Capital clients on our website, Traders Union expert Anton Kharitonov recommends users to thoroughly analyze pros and cons before opening an account with this firm as not all clients are satisfied with the company, according to reviews. The Trading Capital ranks 25 among 41 companies featured in the TU Rating, which is based on the evaluation of 100+ criteria and a test on how to open an account.
The Trading Capital was founded only 4 years ago, but it successfully competes with the leaders of the segment. It has simple and loyal conditions, a profitable 85/15 profit split, and high-quality client support. The challenge is loyal and does not require exceptional trading experience. The initial fee is refundable by 120%, and there are no other fees, including fees for withdrawing funds. Partners of the prop firm are not limited in choosing a trading strategy, and all they need to do is monitor the drawdown. They can transfer trades, trade over the weekend, and use advisors. Also, there is a partnership program that can bring additional income.
|
1
|
5.7
/10
|
|
|
|
2
|
5.28
/10
|
|
|
|
3
|
6.68
/10
|
|
The Trading Capital was founded in 2019 and is headquartered in Ontario, Canada, where it offers accounts with a balance of $50,000, $100,000, $200,000, and $500,000. The scaling plan is up to $2,500,000. The initial fees range from $449 to $1,999. The proprietary (prop) trader refunds 120% of the initial fee on successfully completing the two-phase challenge with profit targets of 8% and 5%, respectively. Both phases must be completed within 30 days. The only restrictions for traders are a total drawdown of not more than 10% and the daily drawdown of up to 5%. There is no minimum number of trading days, you can trade news, trade over the weekend, and use advisors. Yet, the profit split is 85/15 from the first day of live trading. Withdrawal of funds is possible once every fourteen days. A referral program is available.
| 💰 Account currency: | USD |
|---|---|
| 🚀 Minimum deposit: | $449 |
| ⚖️ Leverage: | Up to 1:100 |
| 💱 Spread: | No |
| 🔧 Instruments: | Currency pairs, indices, metals, and commodities |
| 💹 Margin Call / Stop Out: | No |
👍 Advantages of trading with The Trading Capital:
- Its single universal account suits traders of any level;
- Loyal challenge conditions of 8% and 5% are easily achievable within 30 days;
- Upon completion of the dual-phase challenge, traders receive a 120% refund of the initial fee;
- The firm’s partner can receive up to $500,000 on the account with upward scaling by 25% every 3 months to a maximum of $2,500,000;
- There are no restrictions except for the maximum total and daily drawdowns. All approaches and strategies are available to the firm’s partners;
- The referral program allows traders to earn up to 20% of the initial fee of each invited user;
- There is no minimum withdrawal amount. The application can be submitted every 14 days. Withdrawals to bank cards and e-wallets are available.
👎 Disadvantages of The Trading Capital:
- Inconvenient balance steps. Traders can get accounts with $50,000, $100,000, $200,000, and $500,000 without smaller incremental tranches;
- MetaTrader 4 (MT4) is the only trading platform offered by the firm;
- Traders can contact technical support only in a live chat on the website and via email, as the firm does not host a call center.
Evaluation of the most influential parameters of The Trading Capital
Table of Contents
- Geographic Distribution
- Latest Comments
- Expert Review
- Latest The Trading Capital News
- Analysis of The Trading Capital
- Dynamics of the Popularity
- Investment Programs
- Trading Conditions
- Commissions & Fees
- Detailed Review
- Client Area of The Trading Capital
- User Reviews of The Trading Capital
- FAQs
- TU Recommends
Geographic Distribution of The Trading Capital Traders
Popularity in
88.3%
US
4%
GB
2.7%
Others
User Satisfaction i
5 comments
Total score:
Share your experience
- Best
- Last
- Oldest
Furiosa
23 weeks ago
Brianfothe
32 weeks ago
marcicw69
1 year ago
Spikedymn
1 year ago
GembakJom
1 year ago
Expert Review of The Trading Capital
The Trading Capital is one of the largest prop firms in Canada. It was founded in 2019 and underwent a major rebranding in 2021. In particular, a single universal account was introduced and replaced several account types. Now traders can only choose a balance of $50,000, $100,000, $200,000, or $500,000. The firm has also simplified the challenge. Now both phases can take up to 30 days, while the profit target is reduced to 8% and 5% for each phase. However, the main innovation was the change in the partnership policy of the prop firm. The Trading Capital gives traders 85% of the net profit from the first day of live trading. The initial fee is refunded by 120% upon successful completion of the challenge.
These conceptual changes allowed the prop trading firm to easily overtake many of its competitors. Partners also note exceptional freedom of action, such as, they can hold positions, trade on financial news, trade over the weekend, use advisors, and copy services. The only limitation on a live account is the drawdown. There is no profit target, but if traders want to scale the balance, they need to maintain 15% profit for 3 months. This will allow them to increase their account balance by 25% at will. The maximum balance can be $2,500,000. Very few prop firms provide their partners with such funds and flexibility. There are standard conditions for the withdrawal of profits, such as an application can be submitted once every 14 days, like with most firms.
The prop firm’s partner that brings trading to the interbank market, is the well-known broker FXPrimus. It initially has tight spreads and low fees, but if traders trade through The Trading Capital, they get more favorable conditions. Also, there are rebates from Traders Union, so in total your savings can be significant. Among the instruments, almost all currency pairs and metals are available. There are only the most popular indices.
However, it is more than enough for successful risk diversification. Of course, the firm also has its disadvantages. For example, you can trade only through MT4 and client support is available only via email and live chat, as there is no call center.
Dynamics of The Trading Capital’s popularity among
Traders Union’s traders, according to 2023 data
Investment Programs, Available Markets and Products of the Broker
Few prop firms provide their partners with the opportunity to buy dividend stocks, invest in cryptocurrency staking, or other traditional investment methods. There are firms that allow individuals to invest in traders, but these are exceptions. At The Trading Capital, TU can only consider a partnership program as an investment solution. It is rather conditional since this is the time that traders invest, not money. The partnership program gives the firm’s clients the opportunity to earn additional funds by inviting new users.
Important!
If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.
Referral program from The Trading Capital:
Each trader can generate a personal affiliate link. It can be posted on social networks and blogs, sent via instant messengers, or email. The user who follows the link and registers with The Trading Capital becomes a referral of the link’s owner. As soon as new clients pay the initial fee, 10% of the amount is transferred to the account of the link’s owner. Thus, you can receive an unlimited number of bonuses. In the future, if a trader invites many partners to the website, his payments increase up to 20%.
Trading Conditions for The Trading Capital Users
The initial fee depends on the balance that the prop firm’s partner selects. It ranges from $449 to $1,999. If a trader successfully completes the challenge, the fee is refunded in the amount of 120%. Note that if you fail the challenge, you can retry it only once more for free. With two failures, you will need to deposit funds again. The leverage depends on the financial instrument that traders use, its maximum value is 1:100. The technical support is available via email and a live chat. Unregistered users can also apply to the client service. Despite the fact that the firm does not have a call center, the work of managers is highly efficient. They are available without breaks and days off.
$449
Minimum
deposit
1:100
Leverage
24/7
Support
| 💻 Trading platform: | MT4 |
|---|---|
| 📊 Accounts: | One account type |
| 💰 Account currency: | USD |
| 💵 Replenishment / Withdrawal: | Bank transfers, bank cards, and e-wallets |
| 🚀 Minimum deposit: | $449 |
| ⚖️ Leverage: | Up to 1:100 |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | No |
| 💱 Spread: | No |
| 🔧 Instruments: | Currency pairs, indices, metals, and commodities |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Orders execution: | No |
| ⭐ Trading features: | One type of account;balance from $50,000 to $500,000;120% of the initial fee is refunded;no restrictions on trading strategies and instruments;the profit split is 85/15;profitable referral program |
| 🎁 Contests and bonuses: | No, except for rebates from Traders Union |
Comparison of The Trading Capital to other prop firms
| The Trading Capital | Topstep | FTMO | Funded Trading Plus | Elite Trader Funding | The Concept Trading | |
| Trading platform |
MT4 | Deriv Trader, TSTrader, NinjaTrader, TradingView, Bookmap X-ray, Cunningham Trading Systems, DayTradr, InvestorRT, MotiveWave, MultiCharts, Rithmic R|TRADER Pro, Trade Navigator, Volfix.net | MetaTrader4, MetaTrader5, cTrader | MetaTrader4, MetaTrader5 | NinjaTrader, Rithmic, TradingView, Tradovate | MetaTrader4, MetaTrader5 |
| Min deposit | $449 | $1 | $155 | $119 | $80 | $77 |
| Leverage |
From 1:1 to 1:100 |
From 1:1 to 1:100 |
From 1:1 to 1:500 |
From 1:1 to 1:30 |
No |
From 1:1 to 1:200 |
| Trust management | No | No | No | No | No | No |
| Accrual of % on the balance | No | No | No | No | No | No |
| Spread | From 0 points | From 0 points | From 0 points | From 0 points | From 0 points | From 0.9 points |
| Level of margin call / stop out |
No | 1% / 1% | 50% / 50% | No | No | 75% / 50% |
| Execution of orders | No | ECN | Instant Execution | Market Execution | No | Market Execution, Instant Execution |
| No deposit bonus | No | No | No | No | No | No |
| Cent accounts | No | No | No | No | No | No |
Prop firms’ comparative table by trading instruments
| The Trading Capital | Topstep | FTMO | Funded Trading Plus | Elite Trader Funding | The Concept Trading | |
| Forex | Yes | No | Yes | Yes | Yes | Yes |
| Metalls | Yes | Yes | Yes | Yes | Yes | Yes |
| Crypto | No | No | Yes | Yes | Yes | Yes |
| CFD | Yes | No | Yes | Yes | No | Yes |
| Indexes | Yes | No | Yes | Yes | No | Yes |
| Stock | No | Yes | Yes | No | Yes | Yes |
| ETF | No | No | No | No | No | No |
| Options | No | No | No | No | No | Yes |
The Trading Capital Commissions & Fees
Information
Prop trading firms do not bring their clients' trades to the interbank market, their partner brokers do this. The Trading Capital’s partner broker is FXPrimus. So, The Trading Capital cannot charge a trading fee to its partners, only the initial fee and a share of profits. The Trading Capital offers some of the best conditions because the refund of the fee is 120%, and the profit split is 85/15. Yes, there are firms that give 90% or even 100% to their partners, but they always have uncomfortable working conditions. The work of The Trading Capital is absolutely transparent, and there are no markups or additional fees. There is no withdrawal fee (although it may be charged by other participants in the process, for example, an electronic transfer system).
| Account type | Spread (minimum value) | Withdrawal commission |
| Standard | Set by the broker | No |
Many prop firms offer several types of accounts, each of them is aimed at partners who prefer a certain strategy or set of trading instruments. The management of The Trading Capital simplified the choice by providing only one type of account with minimal restrictions. Traders only need to monitor drawdowns, the limits of which are up to 10% for total and up to 5% for daily drawdowns. In all other respects, they trade freely. It is possible to hedge, hold positions, trade over the weekend, and use advisers. Scaling is also available to all partners of The Trading Capital without exception.
Detailed review of The Trading Capital
The Trading Capital has been operating for only 4 years, but it has enough experience and capabilities to compete with its competitors that are at the top of the segment. You can find a lot of expert reviews about this site on the internet. All of them emphasize the uniqueness of trading conditions and loyalty to new partners. One example is the initial fee is refunded with a 20% surplus upon successful completion of the dual-phase challenge. However, the challenge itself takes place on a demo account, that is, the firm’s partner does not earn anything at all. A large number of instruments is a conceptual advantage that allows you to trade freely and diversify your risks.
The Trading Capital by the numbers:
-
The minimum initial fee is $449;
-
Balance is up to $500,000 upon completion of the challenge;
-
Balance can be scaled up to $2,500,000;
-
The profit split is 85%.
The Trading Capital is a proprietary firm for trading a wide range of financial instruments
Some sites focus on a particular group of instruments. Most often these are currency pairs. However, The Trading Capital takes a different approach. The current list of assets includes almost all currency pairs, as well as metals, indices, and commodities. A large selection of instruments is a huge advantage, because, first, it is an opportunity for traders to work with familiar assets and not limit themselves. Second, they can diversify the trading portfolio and thereby reduce the risk. And you definitely want to lower it when trading with leverage of up to 1:100.
Useful features offered by The Trading Capital:
-
Traders do not need to choose the type of account. The only thing they need to decide on is the amount of the balance, which can be $50,000, $100,000, $200,000, or $500,000;
-
All partners of the prop firm, regardless of their level and experience, can scale their balance. To do this, it is necessary to earn 15% profit for 3 months. The balance scaling step is 25%;
-
Partners of the firm use MetaTrader 4 for trading. This is one of the most popular, reliable, and functional platforms, which, among other things, has a mobile version.
Advantages:
1
Only one type of account with universal conditions; all strategies and trading methods are available; and you only need to monitor the drawdown;
2
This prop firm does not set a minimum number of trading days, a partner can use advisors, and copy trades;
3
The challenge takes 30 days, it is objectively simple. The challenge can be retried once for free;
4
The profit split is 85/15 from the first day of trading on a live account;
5
Traders can scale their balance up to $2,500,000.
Guide on how traders can start earning profits
To ensure optimal trading conditions, a partner of any prop firm usually needs to determine the optimal type of account for him. However, The Trading Capital offers only one account with universal conditions, which greatly simplifies the task. Traders only have to choose the balance. The balance step is quite large, it is $50,000, $100,000, $200,000, or $500,000. In the future, regardless of the size of the starting balance, it can be scaled up to $2,500,000. To scale the balance it is necessary to make a profit of 15% or more of the current balance for three months. Then scaling by an additional 25% becomes available. Another important point is that the initial fee depends on the size of the balance: the larger the balance, the higher the initial fee. But The Trading Capital refunds the initial fee in the amount of 120% upon the successful completion of the challenge.
Account conditions:
Account Type
Description
Total drawdown is up to 10% and daily drawdown is up to 5%
You can hedge, hold positions, trade on news, trade over the weekend, use advisors, and copy trades. The profit split is 85/15 from the first trading day. There is no monthly fee and no other additional fees. The balance at the start ranges from $50,000 to $500,000, and scaling up to $2,500,000 is available.
Investment Education Online
Information
Prop trading firms are interested in their partners improving their skills. Because the better traders trade, the higher their profit and the profit of the firm is. In this regard, some firms provide partners with training programs and guides. However, The Trading Capital website does not have such materials or even a blog. There is only a basic FAQs section on working with the platform.
Information available on The Trading Capital’s website
Information not available on The Trading Capital’s website
Principles and mechanisms of the platform
Guides on fundamental and technical analyses
Trading styles and strategies
The prop trader also does not provide materials on money management and trading psychology. The firm’s management assumes that if traders are able to complete the challenge, they have enough experience and knowledge to trade independently without life hacks and tips.
Security (Protection for Investors)
Information
Prop firms do not bring trades of their clients on the interbank market, so they do not need a special license. It is enough for the firm to be officially registered in the region where it has its headquarters. From a security point of view, it is important that the partner providing traders with the opportunity to trade has the proper documents. The Trading Capital offers FXPrimus as a partner. It has been working for many years, it is licensed, and all documentation is available on its official website in the public domain.
👍 Advantages
- The prop firm’s partners can apply to its lawyers
- Traders can apply to the broker directly
- Traders can contact the broker’s regulator directly
👎 Disadvantages
- No mechanisms to protect traders’ interests on the regional level
Withdrawal Options and Fees
-
Traders work on a demo account while completing the challenge, so they do not receive profit;
-
Upon completion of the challenge, the prop firm’s partner starts trading on a live account;
-
Traders receive a share of the profits from all their successful trades from the first day of the financing phase;
-
The profit split is 85/15;
-
A trader can submit an application for withdrawal of funds no more than once every two weeks;
-
The application is submitted on an individual basis by contacting technical support;
-
Withdrawal is possible to bank cards or e-wallets. There is no minimum or maximum withdrawal limit.
Customer Support Service
Information
Technical support is necessary for a prop firm to promptly answer its clients' questions. Such questions always arise, regardless of the intuitiveness of the website interface and the details of the FAQs section. In the case of The Trading Capital, support is provided at a high-quality level.
👍 Advantages
- Technical support is available 24/7
- Traders can always contact managers in a live chat or via email
- To contact support you don’t have to be the firm’s partner
👎 Disadvantages
- Slow responses by technical support via email
- Responses can be slow during rush hours
To contact The Trading Capital client support, you can use the following channels:
-
email;
-
live chat is available on the official website.
As there is no call center, a live chat is the preferred option for contacting technical support due to the high response rate.
Contacts
| Foundation date | 2019 |
| Registration address | 4 Robert Speck Parkway, Square One, Mississauga, Ontario, Canada |
| Official site | https://www.thetradingcapital.com/ |
| Contacts |
Email:
support@thetradingcapital.com,
|
Review of the Personal Cabinet of The Trading Capital
To start trading with this prop trader, register on its official website, choose the optimal balance for you, and pay the initial fee. As a rule, this does not cause any problems as website navigation is intuitive. However, below is a short guide.
Go to the official website of The Trading Capital. In the upper right corner, click the "Log In" button.
You can log in using your Facebook or Google account by clicking the corresponding button. If you don't have profiles in these social networks, click the “Sign up with email” button. If you are already registered on the website, click the "Log In" button to enter.
Enter your email and create a password. Confirm that you are not a robot (tick the box) and click the "Sign Up" button. Now you have access to the user account of The Trading Capital partner.
Services of The Trading Capital’s user account:
My orders. In this menu, traders open a new account, select the balance, and pay the initial fee to start the challenge;
My addresses. Here it is necessary to specify information about the trader’s (your) place of registration for identity verification, that is confirmation of the trader's data;
My wallet. It is a special menu for adding a bank card or an e-wallet for withdrawal of profits;
My subscriptions. It displays information about the challenges that a trader is going through right now or has already completed;
My account. This menu displays personal data, as well as information about the current account of the partner of the prop firm.
Disclaimer:
Your capital is at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Articles that may help you
For Beginners
For Beginners
For Beginners
For Beginners
For Beginners
For Beginners
For Beginners
For Beginners
FAQs
How do client reviews impact The Trading Capital rating?
Any review can raise or lower the rating of any company in the Forex prop firms rating. To read reviews about The Trading Capital you need to go to the company's profile.
How can I leave a review about The Trading Capital on the Traders Union website?
To leave a review about The Trading Capital , you need to register on the Traders Union website.
Can I leave a comment about The Trading Capital if I am not a Traders Union client?
Anyone can post a comment about The Trading Capital in any review about the company.
Traders Union Recommends: Choose the Best!
Open an account
Your capital is at risk.
Open an account
Your capital is at risk.
Open an account
Your capital is at risk.