The Trading Pit: Premier Prop Trading Firm in Liechtenstein
Under the leadership of CEO Thomas Heyden, The Trading Pit operates out of Liechtenstein, partnering with two brokers: FXFlat and GBE Brokers, to provide diverse trading platforms. Traders have access to a variety of platforms including MetaTrader 4 (MT4) and MetaTrader 5 (MT5) for CFDs, as well as specialized platforms like Quantower and Bookmap for Futures.
Why Choose The Trading Pit?
Diverse Trading Platforms: The Trading Pit offers access to MT4 and MT5 for CFDs, and Quantower and Bookmap for Futures, ensuring traders have the best tools for various trading strategies.
Flexible Account Sizes: With account sizes ranging from $10,000 to $100,000, The Trading Pit accommodates traders with varying levels of capital.
Simplified Evaluation Process
The Trading Pit employs a single-phase evaluation process, making it straightforward for traders to qualify for funding:
- Profit Targets: Set at either 8% or 10%, providing clear and achievable goals.
- Profit Split: Traders receive a profit split ranging from 50% to 60%, depending on the account type.
Risk Management: With a maximum daily loss limit set at 5% and a total drawdown limit of 10%, The Trading Pit promotes responsible trading practices and effective risk management.
Diverse Trading Instruments
The Trading Pit offers a wide variety of trading instruments, allowing traders to diversify their portfolios:
- Forex
- Indices
- Commodities
- Cryptocurrencies
- Shares
- Futures
Leverage Options
Leverage at The Trading Pit varies based on the asset class and chosen broker. For MT4 with GBE, leverage is set as follows:
- Forex currency pairs: 1:20
- Indices and commodities: 1:10
- CFDs on stocks: 1:2
- CFDs on cryptocurrencies: 1:2
A Promising Opportunity for Traders
The Trading Pit offers a promising opportunity for traders seeking to excel in the financial markets. With access to diverse trading platforms, a straightforward evaluation process, and a wide range of trading instruments, The Trading Pit supports traders in achieving substantial success. The firm's commitment to providing competitive leverage options and robust risk management practices makes it a standout choice in the prop trading industry.