The Concept Trading Anmeldelser 440

Very simple to get started, the pricing is fair and I was able to grab a Halloween discount of 35% which helped.

My experience have been very good I was away from the platform for a while to work on some risk management issue .. when I can back I discovered TCT added a new category for Instant funding account with the cheapest one for $117.00 this gave me chase to get funded immediately at a low cost after passing each level TCT is always quick to send out the profit share payment on the account once the invoice is submitted,,, Thanks again TCT for offering Real Live Capital to trade the financial Markets !!!

I would however like to make a recommendation to TCT on one thing that will help to improve the platfrom..

I recommend that TCT find a way to integrate the payment invoice into the traders dashboard that would be a huge win for everyone Trading with TCT !!!

Tim

TCT (concept) does not have any technical problems at this time, everything is fine with their system, but there is a psychological issue when someone is trying to work with their account, at least in my experience. Every time that I was working with them I was wondering what happens if I hit the target several times and go to higher levels and suddenly hit the drawdown and lose the account. You have to start from the lowest level again and it takes a longer time to reach the previous level again. But in the same situation with other prop firms you might be able to buy the same account (for example a 25k$ account) with much lower fees and start a just two step account to a live profitable step. The speed of scaling up in TCT is better than the others but for beginners the stress of losing accounts and starting with a very low balance account is annoying. This is my experience after losing about ten accounts in TCT. I am using another prop account that has been just successful in the first step. The price of that prop 15k$ is the same as TCT 2k$ accounts.

The best website out there!!
Great service, I get paid in 24 hr most of the time.

I have only been trading with TCT for the last 1-2 months but so far I have found their customer service responsive and helpful. Their scaling plans are fair and encourage good trading habits - they are definitely in the prop firm space for the long-term and want good traders. I like that they also keep it simple - just don't hit the drawdown limit! Also they have a good community on discord and you can interact with the owners there. They are very transparent with their dealings and plans.

I find everything hard to navigate. Simplicity is best. I cannot find the $$amount of risk when I size up an order. Very important. The Nasdaq indice didn’t match the cash Nasdaq indice amount from futures exchange. Not easy to basic trading. I know I can churn profits from my existing account. But your setup isn’t user friendly

Having previously traded with other so-called Prop firms, I can honestly say that The Concept Trading is by far the best. With ultra fast payouts and a transparent platform, and no hidden rules (only one rule: don't hit the drawdown!) I'm free to trade the way I want to - it makes me feel like we're partners in the business of making money. Very happy indeed.

Great opportunity and true to what they say.

My experience with Concept Trading has been excellent. David help set up my account & was very helpful, honest and professional. A+

Really happy with this company. They are quick to respond to any queries, and the challenges are great, very fair and well priced. I’ve only had one payout, but it was quick once the invoice was submitted :)

As always, great prop firm! What would make it even more amazing is if it was possible to have the option to reduce leverage to 1:30 on all/any account types. The 1:200 is too much :P

0 Hidden Rules and Fast Payouts

Best firm I've traded with hands down, only rule is to not hit a fixed max drawdown, you can trade your way and if profitable you get paid quick and can scale impressively. You get what you pay for at TCT

its a good chois to scale up account very fast

Thanks to staff and all the traders in discord, great community, thanks for the opportunity

Its seem like a propfirm but not. It is simple that you use your money to trade and give them your profit.
240$ to buy account 1 phase challenge 2k5 , and if you pass they fund you 2k5$ with dd 4%, it is like 100$ only (mean you pay 200$ to get back 100$ and have to do your best to use that 100$)

So far my experiense is very good. From support to how stable and roburst the platform is.

Their programs may looks a bit confusing at first. But to sum up, there's no daily drawdown - huge one that makes The Concept Trading stand out from the market. So you basically just need to choose the max loss you can tolerate for your strategy.

Scale up program is awesome as well. Every rules are clear from the beginning. Very appealing if you aim for long term.

EA is also allowed. Huge plus. Price feed has good spread as well (not really much for crypto, but I don't trade so can't speak).

I hope they can still be this consistent in the future.

The Concept Trading is outstanding! Professional, reliable, and very supportive throughout the process. Their knowledge and transparency make trading simple and stress-free. Highly recommended!

The most honest prop firm on Earth. The prop firm's success is reliant on successful traders. Concept Trading promotes any trading style and only has one trading rule - don't hit the static drawdown limit. Simple.

To be honest 3% is not a reasonable drawdown limit. This category should not exist at all to be completely fair to the public. 8% should be the lowest offered if TCT truly wanted to find actually consistent, successful traders amongst the public. Even a seasoned, professional trader would have on average an 8 - 10% drawdown once in a while in their equity curve. A good read of Market Wizards by Jack Schwager would indicate that. But I'm guessing that's not the business model. If you're going to take on TCT avoid the low drawdown offers for a start, you are more than 90% likely to waste your money. Even if you did have an 8% or more drawdown limit, your chances of success as a retail trader with below average spreads would be another hindrance. So word to the wise, avoid scalping until spreads improve overall. Caveat Emptor.
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As a reply to TCT. This is not a complaint. It's feedback. I lost my fee, that's on me. I completely own that. However, such a product with a 3% drawdown limit even if static should never exist because even the best traders occasionally get 8-10% monthly drawdowns on average. Take that into account when doing your quarterly product reviews next time.