The Concept Trading is redefining prop trading with smarter funding solutions and flexible rules. Recognized globally in 2023, they offer traders up to $50 million in capital, allowing any trading style with no restrictions. With fast scaling, profit splits from 50% to 90%, and support for MT4 and MT5 platforms, The Concept Trading provides a top-tier trading experience. Enjoy prompt payouts within 48 hours and 24/7 support, making it an excellent choice for traders looking to maximize their potential. This The Concept Trading review highlights the firm’s innovative approach, making it a standout option for prop traders worldwide.
About The Concept Trading
The Concept Trading is not just another prop trading firm; it’s a beacon of innovation in the trading world. Their philosophy is simple: empower traders with smarter funding solutions and minimal restrictions. The firm offers funding to traders worldwide, providing opportunities to scale capital up to $50 million.
Founded on the principle of trader freedom, The Concept Trading allows all trading styles and implements straightforward rules. They offer four distinct funding models with static drawdowns, high leverage up to 1:200, and the ability to trade up to three accounts simultaneously. This flexibility ensures that traders can pursue their unique strategies without unnecessary constraints.
Licensed by ASIC (Australian Securities and Investments Commission) in August 2021, The Concept Trading operates globally with offices in the UK and Indonesia. The firm supports trading in a wide range of financial instruments, including fiat and cryptocurrencies, indices, stocks, options, and commodities.
With a commitment to fast and easy payouts, processed within 48 hours, and round-the-clock support, The Concept Trading ensures a seamless and supportive trading experience. This dedication to excellence has earned them accolades, including the Best New Prop Trading Firm in Australia and the Best Prop Trading Firm globally for 2023.
Funding Program Options
The Concept Trading offers a variety of funding programs designed to cater to different trading styles and goals. Each program is structured to provide substantial capital with straightforward rules, ensuring that traders can focus on their strategies and growth.
Traditional Program
The Traditional Program is ideal for traders looking to achieve six-figure success through an incremental scaling process.
- Profit Target: 6% per level
- Capital Increase: 70% upon hitting the profit target
- Maximum Capital: $1.5 million
- Static Drawdown: 4%
- Leverage: 1:200
- Restrictions: None
- Starting Fee: $110
Premier Program
The Premier Program offers rapid capital growth, doubling the trader’s capital at each profit milestone.
- Profit Target: 10% per level
- Capital Increase: 100% upon hitting the profit target
- Maximum Capital: $10 million
- Static Drawdown: 5%
- Leverage: 1:200
- Restrictions: None
- Starting Fee: $330
Empire Program
The Empire Program is designed for managing substantial balances with significant scaling potential.
- Profit Target: 10% per level
- Capital Increase: Approximately 50% upon hitting the profit target
- Maximum Capital: $20 million
- Static Drawdown: 10%
- Leverage: 1:200
- Restrictions: None
- Starting Fee: $997
Xtreme Program
The Xtreme Program offers the highest potential for capital growth, with extreme scaling options.
- Profit Target: 6% per level
- Capital Increase: 80% upon hitting the profit target
- Maximum Capital: $50 million
- Static Drawdown: 3%
- Leverage: 1:30
- Restrictions: None
- Starting Fee: $300
The Concept Trading’s funding programs are designed to suit various trader preferences and risk tolerances. With no restrictions on trading styles and the ability to trade up to three accounts simultaneously, these programs provide the flexibility and support traders need to succeed.
Fees
The Concept Trading offers a transparent fee structure for its various funding programs, ensuring traders can make informed decisions based on their financial capabilities and trading goals.
Traditional Program:
- Starting Fee: $110
- Fee Structure: The fee is calculated as nine times the starting capital, reflecting the significant scaling potential and support provided.
Premier Program:
- Starting Fee: $330
- Fee Structure: Similar to the Traditional Program, the fee is nine times the starting capital, emphasizing the rapid capital growth and high leverage offered.
Empire Program:
- Starting Fee: $997
- Fee Structure: The fee is ten times the starting capital, in line with the substantial balances managed and the significant scaling potential of this program.
Xtreme Program:
- Starting Fee: $300
- Fee Structure: The fee is thirty-three times the starting capital, reflecting the extreme scaling options and high maximum capital of up to $50 million.
The fee structure of The Concept Trading is designed to provide value and support to traders at various stages of their trading journey. By aligning fees with the potential benefits and scaling opportunities of each program, The Concept Trading ensures that traders are adequately prepared to manage their accounts and achieve their profit targets.
Tradable Assets
The Concept Trading offers a diverse range of tradable assets, enabling traders to explore various markets and strategies. This extensive selection ensures that traders can diversify their portfolios and capitalize on numerous opportunities.
- FX Majors: Trade the most widely followed currency pairs, including EUR/USD, GBP/USD, and USD/JPY, offering high liquidity and tighter spreads.
- FX Minors: Access less commonly traded currency pairs like EUR/GBP and AUD/CAD, which provide unique opportunities and diversification benefits.
- FX Crosses: Trade currency pairs that do not include the USD, such as EUR/JPY and GBP/JPY, allowing for diverse strategies across different forex markets.
- FX Exotics: Explore currency pairs involving emerging market currencies, such as USD/TRY and USD/ZAR, offering high volatility and potential for significant returns.
- Metals: Invest in precious metals like gold and silver, which are popular for hedging and long-term investment strategies.
- Energy: Trade energy commodities like crude oil and natural gas, crucial for understanding and leveraging global energy market trends.
- Crypto: Access the rapidly growing cryptocurrency market with major digital currencies like Bitcoin, Ethereum, and others, offering high volatility and growth potential.
- Indices: Speculate on the performance of major global stock indices, including the S&P 500, FTSE 100, and DAX 30, to gain exposure to broad market movements.
- FX Index: Trade indices that track the performance of multiple currencies, providing a broader perspective on forex market trends.
- Commodities: Diversify with a range of commodities, including agricultural products and industrial metals, allowing for comprehensive market strategies.
By offering such a wide array of tradable assets, The Concept Trading ensures that traders have the flexibility to pursue their unique trading strategies and manage their portfolios effectively. This diversity supports traders in maximizing their potential returns and adapting to different market conditions.
Restrictions
The Concept Trading has a few key guidelines to ensure a fair and effective trading environment. There is no strict limit on trade sizes, but traders should be mindful of the impact large orders can have on the market, particularly in the highly liquid FX market. To prevent significant price shifts, it’s advisable to split large trades into smaller pieces. Brokers may also have single trade size limits, typically set at 100 standard lots.
Traders are allowed to manage up to three accounts simultaneously. To participate and receive funding, traders must be at least 18 years old.
Risk management is essential for trading success. It’s recommended that traders risk no more than 1% of their total equity on any single trade and always use a stop loss. Trading with large risks and no stop loss can lead to hitting the maximum drawdown, potentially impacting the trader’s ability to remain in the program. By following these guidelines, traders can maintain a secure and sustainable trading approach.
Challenge
The Concept Trading offers a streamlined and effective challenge model designed to evaluate and reward traders. With a focus on simplicity and flexibility, the challenge allows traders to demonstrate their skills and secure substantial funding with minimal restrictions.
The Concept Trading uses a single assessment to determine a trader’s capability. Once you pass the assessment, you are eligible for funding and can trade up to three accounts simultaneously. The assessment ensures that traders meet the necessary criteria to handle the firm’s capital responsibly.
The challenge is based on achieving specific profit targets, with each level offering the opportunity to scale up your capital. Depending on the program, profit targets range from 6% to 10%. Upon hitting these targets, your capital increases significantly, allowing you to manage larger accounts and maximize your trading potential.
Traders benefit from high leverage of up to 1:200 in most programs, with some programs offering leverage up to 1:30. The static drawdown limits are designed to protect both the trader and the firm’s capital, ranging from 3% to 10% depending on the chosen program.
One of the key advantages of The Concept Trading’s challenge is the absence of time limits. Traders can take as long as they need to achieve their profit targets, providing a stress-free environment to trade effectively and responsibly.
The Concept Trading supports all trading styles, with no restrictions on how traders can approach the market. This flexibility allows traders to utilize their preferred strategies without constraint.
By completing the challenge, traders can access substantial funding and benefit from The Concept Trading’s supportive and flexible environment. This model is designed to help traders grow and succeed, offering a clear path to managing significant capital with competitive profit splits.
Conclusion
The Concept Trading provides an innovative and flexible approach to prop trading, making it an attractive option for traders seeking substantial funding and supportive conditions. With the ability to scale up to $50 million, the firm offers significant growth potential through its straightforward challenge model and various funding programs.
Key Features:
- Flexible Funding Programs: The Concept Trading offers multiple funding models, each designed to meet different trading styles and goals. From the Traditional Program to the Xtreme Program, traders can choose the path that best suits their needs.
- High Profit Potential: Traders can achieve profit splits ranging from 50% to 90%, maximizing their earnings while leveraging the firm’s capital.
- Diverse Tradable Assets: Access to a wide range of assets, including FX Majors, FX Minors, FX Crosses, FX Exotics, Metals, Energy, Crypto, Indices, FX Index, and Commodities, allows traders to diversify and capitalize on various market opportunities.
- Transparent Fee Structure: The clear and straightforward fee structure ensures that traders know exactly what to expect, with fees aligned to the potential benefits of each program.
- Supportive Environment: With no restrictions on trading styles, high leverage, and no time limits, The Concept Trading provides a stress-free and accommodating trading environment.
Considerations:
- Market Impact: While there is no size limit on trades, traders must consider the impact of large orders on the market, particularly in the FX market.
- Risk Management: Proper risk management practices are essential, with a recommendation to risk no more than 1% of total equity per trade and always use stop losses.
Overall, The Concept Trading stands out as a premier prop trading firm with its commitment to flexibility, substantial capital access, and trader support. Whether you are an experienced trader looking to scale your operations or a new trader seeking a supportive environment to grow, The Concept Trading offers a well-rounded solution to meet your trading aspirations.
The Concept Trading Review Details
