Trader Central-All You Need To Know About Trader Central Proprietary Firm

Table of Contents

TRADERS CENTRAL

Traders Central is a proprietary firm founded in 2022,  located in Vancouver, Canada with over 1000  Traders Across the world. Traders Central is on the look out for responsible traders who lack capital to trade with a promising 85%  profit split. To know more about traders central, keep Reading.

 

THIS ARTICLE YOU ARE ABOUT TO READ HAS A DETAILED INFORMATION ABOUT TRADERS CENTRAL, PROFIT SPLIT, FUNDING PROGRAM, EVALUATION/CHALLENGE, MAXIMUM ALLOCATION AND ANSWERS TO A FEW FAQ’S.

 

Trading Central
Trading Central

 

About Traders Central

With the theme decentralizing finance for all, Traders Central offers varieties of Financial Products, such as Funding, spot cryptocurrency exchanging and liquidity services. Traders Central offers an instant Funding method and a five stage challenge to identify traders with Great Trading prowess. 

Traders central Funding Program

The Traders Central has an instant funding and a challenge for each Trader. Below is a breakdown of the stages and processes involved.

Traders Central instant Funding Plan

The instant funding plan varies in account size. Here is the Account size Available for Traders Central prop firm.

  • $2ooo
  • $5000
  • $10000
  • $25000
  • $50000

For the one-time fee plan, withdrawal requests can now be made on the 14th and 28th of every month. Depending on the method, it could take up to 5-7 business days for the funding provider’s withdrawals to reach you. Our backers presently provide bank transfers and cryptocurrency (BTC, ETH, USDC, and USDT) as withdrawal options.

  • Trading Platform
    MetaTrader5
  • Trading Hours
    24/5
  • Withdrawal Target
    0.5% Percent
  • Drawdown Limit
    Five Percent
  • Trading Products
    Forex, Stocks, Metals, Cryptos & Indices
  • Account Leverage
    1:50
  • Profit Share
    60%
  • Position Holding
    Overnight and Over the weekend  
 
Traders Central Scale Up Plan For Instant Funding
 
$25,000 + 10% = $27,500; growth to $50,000
$50,000 + 10% = $55,000; growth to $100,000
$100,000 + 10% = $110,000; growth to $200,000
$200,000 + 10% = $220,000; growth to $400,000
$400,000 + 10% = $440,000; growth to $1,000,000
 

Traders Central Evaluation Plan procedures

The Traders central has account sizes of 

  • $5000
  • $10000
  • $25000
  • 50000
  • $100000
  • $200000

Stage 1; Only traders with a trading volume of $50,000 or $100,000 are eligible for capital growth. Withdrawals of profits are not contingent on the 10% growth targets.

 

 

Stage 2;  for Stage two, Traders cental will increase your original capital to $100k if you can earn a 10% return on your $50K trading book, increasing your account to $55K.


We will increase your financing to $200k if you can earn a 10% return on your $100K trading account, increasing your account to $110K.

 
 
Stage 3;  In this stage your account will be increased to $400k if you can earn a 10% return on your $200K trading account, which will in turn increase your account to $220K.
 
Stage 4 & 5; In stage four you can make a 10% return on your $400K trading , your account will top up to $440k and automatically the firm will issue you $1M funding.
 For stage 5, If you make a 10% return on your $1M trading, you grow your account to $1.1M then you receive a top up of your funding to $1.5M.

Fund manager ;  This is the final stage of the evaluation process . Trader Central will increase your investment to $2M  only if you can generate a 10% return on your $1.5M trading ,which will increase your account to $1.65M.

Traders Central Draw down / Withdrawal target

 for Traders central, the Maximum drawdown with relation to equity is 5%. (This means that at no point during your trading, the equity of the trading account may experience a loss of more than -5%.) 0.5 percent net of commissions and swaps is the withdrawal goal.

Traders central Trading Rules

Trading Central, have their Trading Rules which are;

  •  High Frequency Trading (Manual / EA): several trades with very little time between them (positions opened and closed under a minute, seconds or fractions of seconds)
  • Martingale: multipliers in the same symbol and direction as the initial opened position
    Automated news-based trading involves using bots that can read news articles and react immediately by trading.

By employing these tactics, you risk having your account being closed by the firm and having all profit withdrawals cancelled (if any).

Is Trader Central Legit?

so far, since Trader Central started its operation coupled with Traders review it is safe to say that the firm is not bad except proven otherwise. However, it is also safe to see if they will pass the test of time

Trader Central Review

knowing what other Traders are saying about the firm you consider trading with is very important.

Here’s what Traders re saying.

 

Does Traders Central allow EA’s/ Trading product?

  Traders central, Trade copiers, EAs, and hedging are all permitted by Traders central prop firm. Traders Central operates All Forex pairs, Crypto currencies, Stocks, Indices, and Metals.

Trader central Trading hours

Anytime during the day, overnight, or on the weekend, trades can be opened.

Traders Central Max drawdown

You will be rolled back to the previous stage once you scale up your account and reach the 5% maximum drawdown.

For instance, your account will be rolled back to $25K if you scale up a $25K account to $50K and then suffer a 2500$ Loss.

Traders Central Contact

Legal Name Traders Central, Inc.
Contact Email info@traderscentralfund.com
Phone Number +1-250-879-2655
Facebook
Twitter
Telegram

Leave a Reply

Your email address will not be published.

Featured

WE'VE GOT YOU COVERED.

Get Exclusive Full Access to Premium Content via Email with A Simple Click of Your Mouse. Sign up Today!

How Does It Work? Simple! Just Fill out The Form Below to Subscribe For Free:

Latest Articles