TRADERS LAUNCH REVIEW
4.5

TRADERS LAUNCH REVIEW

Hassle free futures trading. Multiple assets. Higher starting capital

Trader Launch is not a routine prop firm. It has a peculiar model that fits only the consistent traders. Pay the monthly fee and enjoy trading stocks, indices and commodities futures contracts.

Traders Launch

Traders Launch is a prop trading firm that offers traders funding to trade futures contracts. Therefore, you can trade stock and index futures. The company is run by Max Thomas and Connor Holly, two quantitative-based traders. The firm has a simple website design with little information. 

Traders can manage up to $200,000 with a simple scaling plan that increases your capital. To become a funded trader, you go through a simple process.

Pros
  • Simple one-step evaluation
  • Easily achievable profit targets during evaluation
  • An easy scaling plan of 1 additional contract for every 1% profit
  • There is no time limit on the evaluation stage
  • Drawdown locks at the initial capital balance once you make the total drawdown amount.
Cons
  • You can’t make more than 40% of total profits in one day during the evaluation period
  • Fees are paid every month until you complete the evaluation stage
  • Poor online presence
  • Scanty information on the firm
  • Few customer reviews
  • Fixed profit split of 80/20
Trading steps

The first step is the evaluation stage, in which you prove your trading skills. You have a specific profit target and must avoid hitting the end-of-day drawdown. Moreover, you cannot make over 40% of total profits in one trading day at this stage. This rule ensures that there are no gamblers. Therefore, if your profits exceed this level, you must continue trading to bring it back below 40%. 

After passing the evaluation stage, you move to step two to get funded. In this stage, you have to hit a profit target of 1% before getting a live account to trade. After that, there are no withdrawal restrictions and the 40% rule is dropped. 

With a live trading account, you can start scaling your mini contracts with every 1% increase. However, there is a limit of 15 mini-contracts on any account. 

Traders get a profit share of 80%, which remains fixed.  

FUNDING PROGRAM OPTIONS 

Traders Lauch offers stock traders two funding programs with specific trading objectives and rules. You can choose between the $100,000 and the $200,000 accounts.

100K FUTURES

100K Account

To get the 100K futures account evaluation, you pay a monthly fee of $109.00. This fee will continue for as long as it takes to complete the evaluation. The profit target is $2,000, 2% of the account. 

The evaluation has three rules, including an end-of-day drawdown of $800. This drawdown keeps changing with your end-of-day balance until you either lose or make the $800. Once you grow your account by $800, the drawdown locks at the initial capital of 100,000. Therefore, it stops trailing your balance. 

Moreover, you can’t exceed 5 Micros for this account. Additionally, there is a 40% rule, which states that you can’t end a day with gains of over 40% of your total profits. 

Once you become a funded trader, the end-of-day drawdown remains at $800, and you can start scaling your account to the maximum size.

200K FUTURES

200K Account

To get the 200K futures account evaluation, you pay a monthly fee of $169.00. This fee will continue for as long as it takes to complete the evaluation. The profit target is $3,000, 1.5% of the account. 

The evaluation has three rules, including an end-of-day drawdown of $1,000. This drawdown keeps changing with your end-of-day balance until you either lose or make the $1,000. Once you grow your account by $1,000, the drawdown locks at the initial capital of $200,000. Therefore, it stops trailing your balance. 

Moreover, for this account, you can’t go beyond 10 Micros. Additionally, there is a 40% rule, where you can’t end a day with gains of over 40% of your total profits. 

Once you become a funded trader, the end-of-day drawdown remains at $1,000, and you can start scaling your account to the maximum size.

CUSTOMER REVIEWS

Traders launch has a 4.1 rating on Trustpilot. However, only five people have left reviews, all of which are five stars.

Rajwansh Vermaa 

“Exceptional Prop Firm with Outstanding Support and Transparent Rules”

“At this prop firm, I found the support from the administrative team and the owner to be exceptionally good. They were responsive and helpful whenever I needed assistance. Although initially unfamiliar to me, the trading platform turned out to be excellent and user-friendly once I got used to it.

One of the standout features of this firm is its straightforward rules. I particularly appreciated that there were no activation charges when starting, and the payout structure is designed so that I retain 99% of any profits I earn, with only a 1% deduction. This policy effectively incentivizes growth and rewards traders.

Overall, I’m grateful to the entire team for their support and for creating a conducive environment for traders like myself. Thank you!” @Redhatrader

Purab Mehta

“I have been trading with Traders Launch for a few months now. They are a small firm that offers stocks and ETFs. This is an excellent choice for anyone looking for a firm that provides capital for stock trading. You can day trade with them without worrying about PDT rules.

– Excellent team that is always there to help.

– Realistic profit targets and max loss rules.

– You trade real stocks (NOT CFDs). There is no predefined spread or any slippage added to your trades.

— Most importantly, the live account is with a real broker.

The business is designed to look for good talent and fund them with REAL CAPITAL.”

Customer Reviews

There are a few more reviews on the website.

CONCLUSION

Traders Launch is a futures prop firm with simple evaluation and scaling rules. After getting funded, it offers stock traders up to $200,000 to work with. However, the firm’s website has little information and few reviews, which can be risky. 

TRADERS LAUNCH REVIEW Details

Withdrawal Methods
Pairs

80% Profit Split

Easy evaluation targets. Flexible conditions and multiple futures contracts to trade.

4.0
Trust & Safety
4.0
Platform & App
5.0
Non-trading Fees
5.0
Customer Service
4.5 Overall Rating

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TRADERS LAUNCH REVIEW
4.5/5