Liechtenstein-based prop trading firm, The Trading Pit, has launched its Prime Programs for CFDs and futures.
The company says the new offering responds directly to feedback from its trading community, providing traders at all levels with flexibility, higher and more customized options.
The Prime CFDs Program includes features such as the ability to withdraw profits over $100 without needing to meet a profit target, and withdrawals can be requested every 14 days.
The program also offers an 80% profit share across all Prime Challenges, with the option to choose between 1-Phase and 2-Phase Challenges. One of the key offerings is the CFD Prime 100K Challenge, priced at $569. The program also includes a Prime Scaling Plan that increases account balances by 25% every quarter for consistent traders.
The Prime Futures Program is tailored specifically for futures traders, offering a payout structure based on profits across multiple trading days, a daily pause instead of an immediate breach, and an end-of-day balance trailing maximum drawdown. This program is also competitively priced, with lower initial challenge costs and an 80% profit share.
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“We’re excited to introduce our Prime Programs, which reflect our commitment to our traders,” said Daniela Egli, CEO of The Trading Pit. “These programs are based on your feedback, providing more choices, flexibility, and opportunities for success. Stay tuned for more prop firm news as we continue to innovate and improve our offerings.”
The Trading Pit, headquartered in Liechtenstein with offices in Spain and Cyprus, allows traders to develop their skills on demo trading platforms, offering up to 80% of simulated profits through various trading challenges.
Proprietary trading, commonly known as “Prop Trading,” is when a firm’s traders use the company’s own money to make trades instead of executing trades on behalf of clients. This model benefits traders by giving them access to a higher capital than their personal actual balance allow.
The Trading Pit is not alone in this venture. The broker is part of a growing list of firms that have launched a prop firm or funded trader program. Notable names in the FX industry such as IC Market,s Axi, Oanda, and Hantec Markets have already embarked on similar paths, alongside smaller entities like Raise FX and YaMarkets.
