For those looking to break into the world of prop trading, TradingCult offers a fantastic opportunity to leverage trading skills with a proprietary trading firm that provides substantial capital. Using discount code “INVEST”, traders can get started with a 25% discount, making it easier than ever to access TradingCult’s platform and resources.
This article will cover everything traders need to know about TradingCult, the benefits of joining, and how they can make the most of the platform by applying the coupon code.
Understanding Prop Trading with TradingCult
Proprietary trading, or prop trading, is a model where firms like TradingCult use their own capital to trade. Unlike traditional brokers that manage client funds, prop trading firms provide traders with access to capital, allowing them to trade with minimal personal financial risk. In return, firms benefit from a share of the profits generated by traders on the platform.
For traders, prop trading offers a significant advantage: the ability to trade with substantial amounts of simulated capital without risking personal funds. TradingCult, founded by Traders Trust, has quickly established itself as a trusted prop firm, providing the resources and support traders need to succeed.
Why Choose TradingCult?
TradingCult is more than just a platform; it’s a community focused on growth, transparency, and fair trading practices. Here are some reasons why traders are choosing TradingCult for their trading journey:
Access to Substantial Capital
TradingCult allows traders to start with an account funded with $10,000, and successful traders can scale their accounts up to $2,000,000. This scalable funded account approach gives traders ample room to grow while minimizing personal financial risks.
Competitive Profit Splits
With a profit split of up to 95/5, traders retain up to 95% of their profits, creating a compelling earning potential. TradingCult’s commitment to fair profit distribution ensures that traders are rewarded for their success on the platform.
Transparency and Fair Trading Rules
From the outset, TradingCult makes sure all rules are clear, allowing traders to operate in a fair and open environment. They maintain guidelines on prohibited practices, such as hedging, news trading, and high-frequency trading (HFT), to ensure a level playing field.
How to Use the Trading Cult Discount Code?
Getting started with TradingCult is simple, and using the “INVEST” discount code makes it even more accessible. Here’s a quick guide on how traders can apply the code:
Visit TradingCult’s Website: Check out the different challenges available on the platform.
Select a Challenge: Choose between options like the 2x Evaluation Challenge or the No Evaluation Challenge.
Apply the Discount Code: Enter discount code “INVEST” at checkout to receive 25% off.
Complete the Purchase: Enjoy the savings and begin the trading journey with a trusted platform.
TradingCult’s Core Features
TradingCult stands out in the prop trading industry with a range of features that support trader success. Here are some of the key features that set TradingCult apart:
Flexible Evaluation Challenges
Traders can choose from different challenges based on their experience and goals:
- 2x Evaluation Challenge: For $99, traders can start with $10,000 and work towards a scalable account by meeting profit targets of 8% and 5% in two phases.
- No Evaluation Challenge: This option allows traders to start directly with $1,000 for $79, bypassing the evaluation stage while still following TradingCult’s loss management rules.
These challenges allow traders to demonstrate their skills, adhere to risk management, and advance to funded accounts with substantial capital.
Up to 95/5 Profit Split
TradingCult’s profit split is one of the most competitive in the industry. Traders keep up to 95% of the profits they generate, which means more money stays in their pocket as they grow their trading skills.
Trusted Broker Partnership
TradingCult is partnered with a broker that has over 15 years of experience, providing a secure and stable trading environment. With a proven track record of serving over 300,000 clients globally, the broker partnership ensures that TradingCult’s traders benefit from high-quality service, low spreads, and efficient trade execution.
Guaranteed Payouts Every Two Weeks
Traders receive their profit payouts every two weeks, which are processed quickly and transparently. TradingCult takes pride in delivering timely payouts without hidden fees or delays, building trust and consistency with their trading community.
Prohibited Trading Practices
To maintain a fair and transparent environment, TradingCult prohibits certain practices, including:
- High-Frequency Trading (HFT): Rapid trade execution and tick scalping are restricted due to their potential for market manipulation.
- Hedging: Only allowed on a single account; hedging between multiple accounts is prohibited.
- Account Sharing: For security and fairness, account sharing is strictly prohibited.
- Arbitrage: Engaging in latency arbitrage or other system exploits is not allowed on the platform.
By enforcing these guidelines, TradingCult ensures that all traders have a fair opportunity to succeed and grow within the community.
Educational Resources and Mentorship
TradingCult is committed to providing traders with the support and resources they need to excel. They offer a range of educational resources that cover trading strategies, market analysis, and more. Additionally, traders have the opportunity to participate in mentorship programs, allowing them to learn from industry professionals and experienced traders.
Comprehensive Support
TradingCult’s support team is available 24/5 to help traders with any questions or challenges they encounter. Whether it’s troubleshooting platform issues or answering questions about trading strategies, the support team is there to ensure that traders have a smooth and rewarding experience.
Scaling Opportunities
TradingCult offers scaling plans that allow traders to increase their capital as they achieve success on the platform. Beginning with $10,000, traders can scale their accounts to $2,000,000, enabling them to take advantage of larger position sizes and potentially higher returns.
FAQs: Common Questions about TradingCult
Is Automated Trading Allowed?
While TradingCult permits some automation, they require traders to demonstrate their individual skills. EA trading and bots are generally restricted, as TradingCult focuses on evaluating traders based on manual trading performance.
What Are the Payment Methods?
Traders can use credit/debit cards and crypto for payments. Profit payouts are processed seamlessly through the platform, allowing traders to access their funds with ease.
How Does the Profit Split Work?
TradingCult’s profit split allows traders to keep up to 95% of their earnings. The split is applied directly to profits generated on the platform, giving traders the opportunity to earn substantial rewards for their performance.
Final Thoughts: Join TradingCult Today!
TradingCult provides traders with the chance to grow their skills in a secure, transparent, and fair trading environment. With a 25% discount using coupon code “INVEST”, aspiring traders can get started at a lower cost, joining a firm that prioritizes growth, integrity, and excellence.
Whether they’re new to prop trading or experienced professionals, traders can benefit from the resources, support, and capital available on the TradingCult platform. Are they ready to unlock their trading potential? Sign up with TradingCult today and start a journey toward trading success.