❗Questionable prop❗
We are constantly checking customers feedback and update reliability scores of the prop firms. This one is not considered as a good choiche.
Trade The Pool prop firm was developed by Five Percent Online Ltd, which is a parent company of another prop trading firm, The5ers.com. The firm was recently launched, which makes it a young firm and the company behind it has very little experience with stock trading prop firms.
Trade The Pool review will provide our readers with an unbiased analysis of the firm’s critical features including safety, rules, funding options, fees, platforms, and more.
Pros & cons of Trade The Pool prop firm
Pros |
Cons |
| Ability to withdraw with $0 fees | Very high-profit target of 90% |
| Offers access to Trader Evolution | Very low safety, acting as a broker |
| Fast and digital account opening/verification | Only one trading platform and asset type |
| Most payment options are free and instant | No hotline support |
| Traders can only purchase buying power and not funded accounts | |
| Lower profit share of 50, 60, and 70% |
Quick rating of Trade The Pool and its features
| FPA Score | Not yet rated |
| Year founded | 2022 |
| Headquarters | Raanaa, Israel (office in the UK) |
| Minimum audition fee | 110 USD |
| Fees on withdrawals | 0 USD |
| Minimum funded amount | 3,000 USD |
| Maximum funded amount | 160,000 USD |
| Allowed daily loss | 10% |
| Profit target | 90% of buying power |
| Maximum trailing drawdown | 30% of buying power |
| Profit sharing (Payouts) | 50%, 60%, 70% |
| Trading Platforms | Trader Evolution |
| Available trading markets | Stocks, ETFs, & Penny Stocks |
Safety of Trade The Pool — 0
Trade The Pool reviews are severely lacking on the FPA platform as the firm is relatively young, lacking the necessary experience in the industry to offer quality services. The firm was launched in 2022 and is not backed by a regulated broker, making price manipulations a real possibility.
The firm gets a 0 score in this section for offering no safety to its traders.
Trade The Pool Funding and maximum capital allocation — 3
Trade The Pool funded programs are two, day trading and swing trading. The firm has a unique model where it offers buying power to its traders for speculating stocks.
Trade The Pool funding options include accounts with 20k, 80k, and 160k, for day trading accounts, and 3k, 12k, and 24k for swing trading funded accounts. These two accounts are very similar except the swing trading offers lower funding options which could be considered beginner-friendly if the firm was not this suspicious with a bad reputation and lack of safety.
Trade The Pool challenges offer traders the ability to speculate on stocks with relatively low funding options for swing trading accounts.
Trade The Pool scaling plan is active and traders can access it after consistency is achieved. The firm gets a 3 score in this section for offering diverse funding options but lacking 1k and 1 million funded accounts.
Trade The Pool Assets — 1
Trade The Pool prop trading assets only include various stocks such as stocks, ETFs, & Penny Stocks. The firm allows traders to speculate on both popular stocks and penny stocks as well, which might be attractive for some stock traders. There are no other asset classes offered, and the firm gets a 1 score in this section.
Trade The Pool Trading rules and limitations — 0.2
Trade The Pool rules are very unique and different from other prop firms as they offer traders not funded amounts but buying power and traders have to make 90% of this buying power in profits. The 90% profit target is enormously challenging to achieve even in stock trading, and we heavily doubt anyone can make money with the Trade The Pool prop firm. The only good side is the high overall risk limit, but the firm still gets a 0.2 score, as it is not enough to increase the score further.
Trade The Pool Fees — 1.5
The fees are more expensive than industry standards for the Trade The Pool firm. The lowest amount of buying power of 3k traders need to pay a 110 USD one-time fee which is very expensive for this low funding. The highest fee is charged for the 160k funded account, costing traders 475 USD, paid once.
Trade The Pool free trial is offered at the moment, and we hope the firm gets safe and adds demo trading for traders to test conditions.
Trade The Pool free repeat is not available either, as traders are charged fees every time they want to start an evaluation process. Overall, the firm gets a 1.5 score in the fees section for charging below 150 USD but still expensive fees.
Trade The Pool Platforms — 2.4
The firm allows traders to access Trader Evolution, which is a dedicated trading platform for stock trading and is tailored for prop firms. However, the firm acts as a broker in this case, as it won’t use any regulated brokers. The firm only gets a 2.4 score in this section for not offering any advanced trading platforms that are popular among traders.
Trade The Pool Profit-Sharing — 1
Trade The Pool profit split is different for each funded account challenge. The 3k buying power account has only a 50% profit split, the 12k account comes with 60%, and the 24k account has a 70% profit share. As for the other funded options, the 20k account has a 50% profit share, the 80k comes with a 60% profit share, and the 160k account has a 70% profit split.
The firm gets a 1 score in this section for offering lower payouts when compared to industry standards.
Education and trading tools at Trade The Pool — 0
The firm does not offer any educational resources now. It is working on offering trading courses and other materials, but we can not evaluate future services. We hope the firm addresses safety issues first and adds abundant educational resources later. There is also a blog, but it can not be used for education and does not offer any tools or materials. Overall, the firm gets a 0 score in this section as of now.
Customer Support at Trade The Pool — 2.4
The support as well as the website of the Trade The Pool firm is only available in the English language. The support is provided using email and live chat, but the firm does not offer hotline support. This is typically a red flag, as reputable firms do not hide their number. The firm gets a 2.4 score in this section for mediocre support.
❗Questionable prop❗
We are constantly checking customers feedback and update reliability scores of the prop firms. This one is not considered as a good choiche.
Frequently Asked Questions on Trade The Pool
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