The Trading Pit is another popular Prop Trading Pit where you are given money to trade and then you can take a high percentage of the profits in case your trades are profitable.
How to become The Trading Pit trader?
To start your career as The Trading Pit trader you have to follow 3 steps:
Your Pathway to Becoming a Trading Pit Trader: A 3-Step Guide
1. The Evaluation Phase: Begin your journey by demonstrating your trading prowess.
- Accessible Entry: Challenges start at a nominal $99.
- Participation Perks: Get a refund promise for your Initial Challenge Fee after clearing Level 1.
- Skill Recognition: Attain the distinguished TTP Certification.
- Streamlined Challenge: Opt for simple 1-step challenges.
- Tech Advantages: Enjoy FREE trading platform access.
- Efficient Trading: Benefit from low latency and minimal transactional costs.
- Transparent Pricing: No concealed charges, ensuring clarity.
- Clear Guidelines: Straightforward rules and defined criteria for ease of understanding.
2. Trading Signal Partner: Trade, grow, and start reaping the rewards of your efforts.
- Flexible Earnings: Achieve your Target and initiate withdrawals.
- Ambitious Growth: Avail a generous scaling plan up to $5 million.
- Fair Profit Distribution: Competitive profit sharing at 80%.
- Ethical Operations: Our operations are broker-neutral, ensuring no conflicts of interest.
3. Rise as The Trading Pit Champion: Venture into a professional realm, exploring certificates, hedge funds, and asset management opportunities.
- Dedicated Support: Avail mentorship and comprehensive educational backing.
- Career Elevate: Get assistance in navigating through certificates, hedge funds, and asset management avenues.
Key Benefits of Partnering with The Trading Pit:
- Legally Compliant: The Trading Pit emphasizes a compliant business framework. Our partnership with capital market law experts ensures lawful and regulatory compliance in all business operations.
- Withdraw Profits Seamlessly: No restrictions or complex rules on profit withdrawals. Enjoy your share of earnings at each level.
- Transparency is Key: We prioritize simple criteria and rules, ensuring no ambiguity.
- Diverse Trading Options: Engage in multi-asset trading, from Forex, Futures, CFDs to Indices, Commodities, Stocks, and Cryptocurrencies.
Frequently Asked Questions: The Trading Pit
Payout & Currency Concerns
Q: In which currency can I receive my payout?
- The Trading Pit maintains accounts in Euro, US Dollar, and Crypto. Once you submit your KYC documents for payout, you can select your desired currency.
- If your profits are in EUR but you wish to receive payouts in USD, the conversion will be based on the prevailing currency exchange rate for that day.
Q: Can I opt for payouts in Crypto?
- Absolutely! After advancing to Level 1 of The Trading Pit Scaling Plan, you’ll get an email asking for your KYC documents and preferred payout method. Once you pick Crypto, you’ll be sent a Performance Report to fill in your Crypto wallet details.
Q: What withdrawal methods are available?
- The Trading Pit supports both bank wire transfers and crypto withdrawals, with plans to incorporate more methods soon.
Q: Are there any fees associated with withdrawals?
- While The Trading Pit doesn’t charge any withdrawal fees, intermediary banks might.
Payment & Charges
Q: What payment options does The Trading Pit accept?
- The Trading Pit currently accepts payments via:
- Credit Cards (Visa, Master Card, Amex, Diners, Discover, Maestro)
- Apple Pay
- Giropay (DE)
- Perfect Money
- Online bank transfer (based on region)
Please note that crypto payments aren’t available for certain countries, such as Afghanistan, Algeria, Canada, Russia, USA, and several others. If you reside in these countries but wish to make crypto payments, Perfect Money can be utilized as an intermediary.
Q: Are there any extra charges I should be aware of?
- The Trading Pit doesn’t levy any extra charges for payments. However, intermediary banks might impose certain charges, which is beyond the control of The Trading Pit.
Q: How quickly can I expect my purchase to be processed?
- Your chosen Challenge’s purchase will be processed instantly. You can anticipate access to your account within 15 minutes post payment approval.
Trading & Strategies
Q: Does The Trading Pit support Scalping?
- For Futures trading: Yes, The Trading Pit permits scalping.
- For CFDs trading: Scalping is regarded as a restricted trading strategy. The minimum trade holding time for CFDs is 1 minute. If your strategy involves trading in less than 1 minute, you’ll be ineligible for an upgrade to our Scaling Plan, and your fee becomes non-refundable. Further details on prohibited strategies can be found in The Trading Pit T&C.
Q: Can I get a refund if I opt out of the Challenge?
- Per The Trading Pit’s policies, refunds can be requested within the initial 14 days post-purchase, provided there’s no trading activity on the account.
The Trading Pit Affiliate Program Overview
The Trading Pit Affiliate Program
Unveiling The Trading Pit’s highly competitive Affiliate Program that not only rewards affiliates for their referrals’ initial purchases but continues to award them through the Scaling Plan. When a referred client achieves a successful payout, the affiliate benefits too!
- Highly Competitive Commissions: We pride ourselves on offering industry-leading commissions for every package bought through your referral.
- Ongoing Earnings from Referrals: As your referrals flourish in their trading journey, so does your income! Benefit from a portion of TTP’s commission generated from your Direct Referrals’ successes.
- Impressive Monthly Payouts: On average, our affiliates enjoy earnings between $1000 and $2000 monthly just from affiliate commissions.
Getting Started is Simple:
- SIGN UP: Become a part of our growing community, joining influencers, educators, and various online professionals in the The Trading Pit Affiliate Program.
- RECOMMEND: Easily share your unique referral link with your audience.
- EARN: Benefit from affiliate commissions on qualifying purchases and an added bonus of 5% from the revenue your referrals generate.