Traders with Edge Review
3.8

Traders with Edge Review

Traders with Edge is a forex prop firm with an attractive Two-step challenge. They offer up to $200,000 in funding to traders.

Traders with Edge is a forex prop firm with an attractive Two-step challenge. They offer up to $200,000 in funding to traders.

Pros
  • Community center providing online education, mentoring, and chat services
  • Turtle Account Challenge as a component of the initiative
  • An 80/20 profit split is beyond industry norms
  • The capacity to trade on several different financial markets
  • Adaptable mechanism for withdrawal
Cons
  • Excessive one-time desk charge for instant traders dependent on their initial balance
  • Instant traders can fund their trades with $20,000 by paying $1000
  • The largest funded accounts are not yet accessible

What is Traders with Edge?

Traders With Edge, an American trading firm, has been functioning since 2022. The business offers a unique approach to trader financing, providing clients with the freedom and flexibility to participate in transactions involving a wide range of financial instruments. 

Traders With Edge is dedicated to achieving the success of traders in the ever-changing world of trading by providing them with the essential tools and resources required for accomplishment. Upon merchants obtaining these critical resources, the firm proceeds to present them with one of two distinct challenges that they must surmount. Upon the successful completion of the challenges, Traders With Edge will allocate capital to the trader following its meticulously planned scaling strategies.

Traders With Edge offers more than just investment and funding opportunities; it also serves as a dynamic community center where traders can interact, participate in courses, and receive knowledge from seasoned trade professionals, as well as exchange ideas. This cooperative community promotes ongoing education and enriches the trading experience for all participants.

logo of Traders with Edge

Traders with Edge Funding Programs and Challenges: Rules and Requirements 

Traders at Traders With Edge can quickly access 20 times more funds without the need for any tests or challenges. Yet, this accelerated path necessitates a $1000 participation fee in return for an initial capital of $20,000.

Start Level 1 Level 2 Level 3Level 4 Level 5 
$20,000$80,000$160,000$320,000$640,000$1,280,000
Scaling Target 10%10%10%10%10%10%
Max Loss Static5%5%5%5%5%5%
Min Time Days 555555
Max Days on Levels 180 NANANANANA
Profit Share 50%50%50%50%50%50%
Leverage Up To 1:201:201:201:201:201:20
One-Time Desk Free $1,000$0$0$0$0$0

Phase 1 Challenge: 

Traders can start trading with Traders With Edge by depositing $55 and taking part in a challenge lasting up to 180 days to earn $5000 in capital. Traders can quadruple their funded capital in each round, aiming to reach a million-dollar funded capital.

The Turtle Account option provides a variety of initial trading capital quantities, starting from $5,000 up to $200,000. Phase 1 challenges require a minimum starting capital of $5,000 and have entry costs as low as $55. Investors who opt to invest $200,000 must pay an admission fee of $1,500.

Traders looking for quick profits and who are constantly active may choose the Hare Account. Traders can choose a beginning trading capital between $5,000 and $50,000 in practice mode with leverage of 1:30. The challenge involves reaching a 10% revenue increase within 30 days, a 5% revenue increase within 600 days for the second portion, and a 10% profit increase within 90 days for the third part.

Phase 1 Phase 2 Funded 
Target 10%5%NA
Max Daily Loss 5%5%5%
Max Loss 10%10%10%
Min Time Days 10 10 NA 
Max Time Days 30 60 NA 
Profit Share NA NA 80%
Account Leverage 1:30 1:30 1:30 
Account Scaling NA NAYes
Participation $360$0 Refund 

Traders with Edge Broker: Do They Use a Reliable Platform? 

Traders With Edge is a New York and Hong Kong-based proprietary trading enterprise. Enrollment of 25,000 additional merchants is their objective by the end of 2025. An exceptional proposition is put forth by them: experienced investors can secure funding while maintaining 80% of the profits.

To facilitate comprehension of financial markets, Traders With Edge has developed a simulated-funds virtual trading environment. By enrolling in specialized courses, participants are granted access to practice accounts that contain test questions and simulated market scenarios. Those who achieve success in these simulations will be able to advance to funded trading positions and begin generating actual profits.

The courses referred to as “challenges,” assess the participants’ capacity to achieve success as traders. While each challenge possesses unique objectives, the regulations and frameworks remain uniform. To facilitate actual trading endeavors, access to company funds is granted upon completion of a challenge.

The Turtle Account permits traders to complete duties with a leverage ratio of 1:10, which is less stringent. Initial investments ranging from $5,000 to $200,000 are to be accompanied by a ten percent profit cycle for one year. 

Traders are obligated to adhere to stringent risk management protocols to safeguard their initial investment from a daily decline of 2.5% or an overall loss of 5%. If these conditions are not fulfilled, the account will be reset. Attained traders are elevated to the funded trader tier, where they are entitled to 80% of their profits.

Traders With Edge offers access to top trading platforms preferred by Forex brokers.

  1. MetaTrader 4 
  2. MetaTrader 5

Traders with Edge Fees: How Much Do They Charge?

Both the Turtle and Hare schemes have a profit split of 80% and require either 1-step or 2-step evaluations.

Instant funding accounts have a profit split of 50%.

Although some private firms provide bigger rewards, the profit split is widely regarded as the industry norm. Instant funding schemes usually provide a smaller split, typically about 50%, which is in line with the standard for these types of accounts. 

Traders with Edge Proof of Payment:

Traders have been documented receiving payments from Traders With Edge on multiple forums & YouTube channels. Success in earning money with Traders With Edge depends on the trader’s trading ability.

The cost of Traders With Edge varies based on the chosen trading challenge as well as the initial sum of money invested.

Traders with Edge Customer Support: 

Reputable business Traders With Edge may be reached at the following number:

  • Email address: traderswithedge.com/support
  • Phone: (800) 972-3343; Address: 30 Cook Ave., Madison, NJ 07940, USA

Traders can also get in touch with them via their website’s live chat option.

What Makes Traders with Edge Unique? 

Traders With Edge stands out due to their unique Instant Funding Challenge, which allows traders to access a funded account without having to pass any tasks.

Traders with Edge traders can keep up to 80% of their gains, while the firm covers any losses.

Traders can opt to withdraw funds from their accounts in Bitcoin (BTC), Wise (WISE), US Dollar Tether (USDT), or through a bank transfer. Specific conditions need to be fulfilled before initiating the withdrawal procedure. Traders need to have finished phase 2 of the trading program, possess funds in their trading account, and engage in trading for at least 10 days.

Withdrawals are limited to once every 14 days, following Traders With Edge’s profit-sharing plan. This could impact a trader’s financial strategy and savings.

Traders can receive a complete refund of trial expenses and earnings once they finish the second level of the Hare challenge and fulfill the minimum time criteria. The process usually takes 10 days as stated on the website, following which an account is settled with funds.

Traders With Edge has distinctive elements yet has places that can be enhanced, adding to the firm’s total originality.

Traders with Edge Reviews: What Do Their Customers Say?

Out of a possible five ratings, the Traders With Edge has received 3.9 stars on Trustpilot. They are situated on the magnificent stage that is located next to the platform. There are a total of 86 reviews that have been placed by customers on Trustpilot.  

Traders with Edge Trustpilot

#1. Nonton Ganool claims that he had a positive experience while trading with TWE in the 10,000 Turtle Challenge. Fortunately, he was able to get it through a free spin promotion offer.

The website contains all of the rules, thus there are no hidden rules.

The customer support department is quick to respond (by telegram or email).

Within twenty-four hours of receiving the withdrawal request, traders will receive their money promptly.

Perhaps they will never see this prop in LizardLick or other places, but if he is looking for a long-term prop, he ought to give this one a shot. They have a fantastic program that is supported over the long term, and several traders from my nation have already paid up to seventy thousand dollars.

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#2. According to Mian Zahid Ali, he revealed that he took possession of his spin wheel account, which is currently in the process of being set up, and he has just received a ten thousand dollar account from them.

It appears that the chat answer is positive; therefore, we should start with them, and he will share more experience after he has received withdrawal. 

Traders with Edge review

#3. Db stated that the complimentary challenge priced at $15.00 includes a demonstration on EightCap. He can only trade a limited number of foreign exchange currencies with it. It would be beneficial to have a challenge that offers more opportunities to trade items of interest or familiarity. The mobile app has not loaded any of the charts he attempted to access. He will attempt again later on his laptop to determine if the situation has improved.

Traders with Edge complaint

#4. FA reported that he had $40-50 remaining within his daily loss limit on his $25,000 account. Despite having fully hedged positions, the broker manipulated the market by exceeding his stop limit one minute before the market closed for the day. This occurred on a Friday, when positions could not be altered. He is unsure about the individuals involved in this manipulation, namely whether they are brokers or traders associated with Edge Prop Firm, which has a questionable reputation. He will provide an update after discussing with them, and if there are any outcomes, his money will be consumed.

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Conclusion

Traders With Edge is a US-based proprietary trading firm now looking for skilled traders to join their team. The organization has created three sorts of evaluation courses to assess applicants based on their trading profiles. Traders have multiple options to access profitable accounts, such as fast financing programs, and one-phase, and two-phase challenge programs. 

Proficient traders have the opportunity to get a funded account with a balance of up to $1,000,000, along with an 80% profit split payout. Traders With Edge provides a variety of tradable assets, including Forex and other CFDs like Indices, Commodities, Metals, and Cryptocurrencies. Traders can utilize the widely-used MT4 and MT5 platforms to complete their deals smoothly.

Account size up to:
$200,000
Profit Split Up to 80%
*Choose your account type and start trading

4.0
Fees
3.0
Trading Platforms
4.0
Deposit and Withdrawal
4.0
Customer Support
3.8 Overall Rating

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Traders with Edge Review
3.8/5
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