One of the most recent prop companies in the forex world is Corp Equity Capital. Founded a year ago in July 2021, Corp Equity Capital is providing qualified traders with enormous capital up to $5 million along with a generous profit split ratio of 90:10.
This post contains an unbiased review of Corp Equity Capital prop firm and examines what traders are saying about them on a platform renown for its objectivity, Trust Pilot.
- Location: Address: Kemp House, 160 City Road, London, United Kingdom, EC1V 2NX
- Year of establishment; 2021
- Licenses and registration: 13497872 (registered in London)
- Number of verified traders: un specified
- Amount of $ payouts : Un specified
- Trading Platform: MetaTrader4
The Corp Equity prop firm offer three trading packages to their traders, allowing them to prove their trading abilities. They offer packages such as;
- One Step Evaluation
- Two Step Evaluation
- Direct Funding
On the right, there is a choice for professional traders. If you are already a regularly successful trader who is set up for asset management, there is a contact box for you to fill out. You should receive a unique plan for managing your capital from the Firm. The one-step task is generally as simple as it seems.
It is comparable to the FTMO challenge, except it is shorter and has somewhat different rules. The target profit will be 7% with a daily drawdown cap of 3% and a maximum drawdown of 12%. You have access to any trading method, 1:100 leverage, and 90 trading days. If you are successful, you will receive a refund of your investment plus a share of your profits every two weeks under the same terms.
The Instant funding strategy delivers precisely what it promises. You can gain fast access to a funded trading account for a higher price. Under the same stringent regulations, the trading limitations is that if you violate the rules, you will be denied access to your instant funded account and will need to pay for a new funded account.
Compared to other prop firms in the forex world, Corp Equity also have their distinguishing factor evident in their entry mode, Account packages, profit split and also withdrawal method. Below are a few more things that makes them different.
with the information on their website Corp Equity capital did not out-rightly specify on their website if they accept EA’s or CopyTrading, take a look at the guidelines on their website.
Scaling plans are being used more frequently by prop firms to ensure that their capital will continue to increase, just as it would if they were compounding their own profits.
Although Corp Equity has a scaling strategy, According to what is stated in the website, the two traders’ accounts can each have a maximum value of $2.5M. According to the scaling plan, CEC is to grow by 100% for every 10% increase inc profit. This suggests that if you can turn a 10% profit, the company will double your capital.
Corp Equity Capital offer education for their traders on the website titled Trading Academy, which helps them to know more about trading. Below are a list Trading courses the firm intend bringing to potential traders.
You will receive payment after 30 days in the first month of you being financed, and withdrawal requests can now be made every two weeks [15 days] following that. Currently, there are two withdrawal options: bank wire [bank transfer] and cryptocurrency (BTC, ETH, USDC, USDT).
CEC uses the popular trading platform Metatrader 4
Corp Equity Capital prop firm is new to the forex Trading World, hence we cannot ascertain if they are legit or not, we hope they pass the test of time. However, they provide some information about their regstration on their website as revealed below:
Since it’s a little dicey to vouch for Corp Equity Capital just yet, here is something invaluable that’ll be of massive help: what traders who have had a first-hand experience with them have to say. So, we head over to Trustpilot to get some reviews.
Corp Equity Capital Review On Trustpilot
Jul 21, 2022
Every good review were from people who…
Every good review were from people who just bought account. No one was happy after a few months
Jul 1, 2022
Scam!!!! These people are scam, i bought a challenge and passed it, they promised to give me a live account for more than three weeks now and i have not gotten anything, the support keeps ignoring my messages on telegram after they already promised a day to give the live account, please stay away from this CEC. They will waste your time, money, efforts and skills, I highly recommend The Funded Trader, they are the best out there. Do not waste your time with CEC.
May 26, 2022
IT A SCAAAAAM SCAAAM COMPANY!!!!!DO NOT…
IT A SCAAAAAM SCAAAM COMPANY!!!!!DO NOT WASTE YOUR MONEY!!!DASHBOARD NOT EXIST..NO PAYOUTS..NO LIVE ACCOUNTS ..UNPROFESSIONAL SUPPORT..AND MANY MORE .ONE MAN SHOW “COMPANY” .JUST STEAL PEOPLES MONEY!!STAY BACK AND SAVE YOUR MONEY AND TIME!!
Some really terrible reviews up there if you ask me. So, should you trade with Corp Equity Capital? Stick around as I’ll answer in the conclusion.
Here is a video review of Corp Equity Capital by TradeUp youtube channel
So, given all those really terrible reviews from those who have had a firsthand trading experience with them, you should avoid them at all cost as there are several other better and more impressive firms. FTMO, 5ers, MFF are a few that come highly recommended.
However, you might need to check out the things to consider in making a decision about the prop firm to trade with in this post: 10 Things To Look Out For When Choosing A Prop Firm.
You may also check out our comprehensive and unbiased reviews of all other prop firms on this page >> Prop Firm Reviews.