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Pros

The only firm where you can trade forex/CFDs and real futures.
You can scale your account up to $5 million.
Quick funding, as low as 3 days if you meet the objectives fast enough.

Cons

The default forex leverage is only 1:50, which may be limiting for some traders.
Initial profit share starts at 50% or 60%, which is lower than some competitors.
The trading rules can be strict, with potential account breaches leading to termination.

The Trading Pit broker Accounts

The Trading Pit Account Type

The Trading Pit offers several account types tailored to different trading styles and experience levels:

  • Lite Account:
    • Starting Balance: $2,500
    • Profit Target: 10%
    • Profit Split: 50% (can go up to 70% based on performance)
    • Standard Account:
      • Starting Balance: $5,000
      • Profit Target: 10%
      • Profit Split: 50% (can go up to 70% based on performance)
      • Executive Account:
        • Starting Balance: $50,000
        • Profit Target: 8% (two-phase evaluation)
        • Profit Split: 60% (can go up to 80% based on performance)
        • VIP Account:
          • Starting Balance: $100,000
          • Profit Target: 8% (two-phase evaluation)
          • Profit Split: 60% to 80% depending on performance, with the potential to scale up to $5,000,000.

          These accounts cater to both novice and professional traders, providing different profit targets and split percentages to suit varying trading strategies and risk appetites.

          The Trading Pit Broker Account Opening Process

          To open an account with The Trading Pit, follow these steps:

          • Registration: Sign up for a free client area on The Trading Pit's website.
          • Select Challenge: After logging in, navigate to the challenges overview tab to choose the challenge that best matches your trading style.
          • Complete Payment: Proceed to the payout page and complete the payment for the selected challenge.
          • Receive Credentials: After successful payment, you will receive your account credentials via email within 15 minutes.
          • Once you complete the challenge and meet the profit targets, you will be provided with a funded account to start your trading journey with The Trading Pit.

            Source

The Trading Pit Similar Broker Accounts

Explore broker markets account types: forex/trading accounts with demo access.

The Trading Pit accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
The Trading Pit Account