Pros
- One-step evaluation and two-step evaluation
- Chance to customize your evaluation objectives
- Excellent Trustpilot rating of 4.6/5
- Scaling up to $1,000,000
- Bi-weekly withdrawals
- Scaleable profit split up to 90%
- Unlimited trading period
- No minimum trading day requirements
- Overnight & Weekend Holding Allowed
- News Trading Allowed (During Evaluation)
- Weekend crypto trading is allowed
Cons
- Low 1:30 leverage
- Trailing drawdown on one-step evaluation
Glow Node stands as an exclusive trading entity, offering a distinctive funding program designed for traders on a global scale. The company’s inception was guided by a vision to facilitate trader profitability, recognizing an unmet need in the market and affording traders the opportunity to engage with more substantial capital. Through the provision of both capital and educational support, Glow Node envisions a mutually beneficial partnership where everyone involved can achieve success. Traders can capitalize on lucrative profit shares, managing portfolios of up to $1,000,000 and retaining up to 90% of the generated profits. This is made possible through trading across diverse financial instruments, including forex pairs, commodities, indices, and cryptocurrencies.
Who are Glow Node?
Established in April 2022 by CEOs Sam Bradbury and Ryan Beasley, Glow Node is a proprietary trading firm headquartered in the UK, with its main offices situated in London. Catering to traders on a global scale, Glow Node introduces two distinct funding programs: a one-step and a two-step evaluation process. Furthermore, traders have the flexibility to tailor their evaluation process through a third option, allowing customization of the one-step or two-step program. Regardless of the chosen evaluation route, all three programs feature a unique scaling plan, enabling traders to access capital amounts of up to $1,000,000.
Glow Node facilitates trading on either MetaTrader 4 or MetaTrader 5 platforms, with Eightcap serving as their designated broker. This comprehensive approach aims to provide traders with a diverse and robust trading experience.
Glow Node is a formally registered UK-based company located in London. Their official address is recorded as 86-90 PAUL STREET, LONDON, ENGLAND, EC2A 4NE, and the company is identified by the registration number 14037065.
Who is the CEO of Glow Node?
Sam Bradbury and Ryan Beasley are co-founders of Glow Node.
Funding options
Glow Node provides traders with a selection of two distinctive evaluation programs and the flexibility to tailor their evaluation objectives according to individual preferences
- Two-phase evaluation program accounts
- One-phase evaluation program accounts
Two-phase evaluation program accounts
Account Size
Price
$5,000
$50
$10,000
$99
$25,000
$199
$50,000
$349
$100,000
$499
$200,000
$999
During the first evaluation phase, traders must achieve an 8% profit target while adhering to the 5% maximum daily loss and 10% maximum loss rules. There are no specific minimum or maximum trading day requirements for phase one. Progressing to the second phase only requires meeting the 8% profit target without violating the maximum daily or maximum loss limits.
In the second evaluation phase, traders aim for a 5% profit target while staying within the 5% maximum daily loss and 10% maximum loss parameters. Similar to phase one, there are no set minimum or maximum trading day requirements. Advancing to the funded status entails reaching the 5% profit target without breaching the stipulated maximum daily or maximum loss limits.
Upon successful completion of both evaluation phases, traders receive a funded account with no specified profit targets. Instead, traders are only obligated to observe the 5% maximum daily loss and 10% maximum loss rules. The first payout occurs 14 calendar days from the day the trader places the initial position on the funded account. Subsequent payouts follow a bi-weekly schedule. The profit split starts at 80% based on the trader’s earnings, with the potential to increase to 90% by successfully scaling the funded account for the first time.
Two-phase evaluation program account scaling plan
Two-phase evaluation program account rules
- A profit target is a specific percentage of profit that traders must achieve to conclude an evaluation phase, withdraw profits, or scale their account. Phase 1 requires an 8% profit target, while Phase 2 mandates a profit target of 5%. Funded accounts, however, do not have profit targets.
- Maximum daily loss denotes the highest allowable daily loss for a trader before the account is considered violated. For all account sizes, the maximum daily loss is capped at 5%.
- The maximum loss represents the highest allowable overall loss for a trader before the account is violated, with all account sizes limited to a maximum loss of 10%.
- The prohibition of martingale strategies means traders cannot employ any martingale strategy during trading.
- Regarding third-party copy trading risk, using copy trading services carries the potential risk of adopting the exact trading strategy as other traders employing the same service. This poses a risk of denial for a funded account or withdrawal if the trader surpasses the maximum capital allocation rule.
- Similarly, third-party EA (Expert Advisor) risk warns traders that utilizing a third-party EA may expose them to the same trading strategy as other users. This, too, could result in denial of a funded account or withdrawal if the trader exceeds the maximum capital allocation rule.
One-phase evaluation program accounts
Account Size
Monthly Bonus (Hot Seat Status)
$5,000
$75
$10,000
$149
$25,000
$249
$50,000
$399
$100,000
$599
In the one-phase evaluation program account at Glow Node, traders must achieve a profit target of 10%, ensuring that they do not exceed the 4% maximum daily loss and 8% maximum trailing loss rules. There is no time limit imposed, allowing traders to operate indefinitely. During this period, reaching the profit target is the sole requirement to progress to funded status, with no minimum trading day obligations.
Upon successful completion of the evaluation phase, traders receive a funded account with no specific profit targets. Instead, traders are obligated to adhere to the 4% maximum daily loss and 8% maximum trailing loss rules. The initial payout occurs 14 calendar days from the day the trader places the first position on the funded account. Subsequent payouts follow a bi-weekly schedule. The profit split starts at 80% based on the trader’s earnings, with the potential to increase to 90% by successfully scaling the funded account for the first time.
One-phase evaluation program account scaling plan
One-phase evaluation program account rules
Customizable Evaluation Option
Two-step Customization
Traders can choose between four account sizes.
Account Size
Price (Depends On Customization)
$10,000
$60 – $125
$25,000
$120 – $245
$50,000
$210 – $402
$100,000
$300 – $584
Traders can customize four key trading objectives, encompassing the profit split, daily drawdown, and maximum drawdown.
Trading Objective
Customization Choices
Profit Split
60%, 65%, 70%, 75%, 80%
Daily Drawdown
3%, 4%, 5%, 6%
Maximum Drawdown
5%, 6%, 7%, 8%, 9%, 10%, 11%, 12%
One-step Customization
Traders can choose between four account sizes:
- $10,000
- $25,000
- $50,000
- $100,000
Account Size
Price (Depends On Customization)
$10,000
$75 – $168
$25,000
$150 – $331
$50,000
$200 – $443
$100,000
$300 – $662
Traders possess the flexibility to customize four specific trading objectives, covering elements such as the profit split, daily drawdown, and maximum drawdown.
Trading Objective
Customization Choices
Profit Split
60%, 65%, 70%, 75%, 80%
Daily Drawdown
3%, 4%, 5%
Maximum Drawdown
3%, 4%, 5%
What makes Glow Node different from other prop firms?
Glow Node distinguishes itself from many industry-leading firms by offering two distinct funding programs: a one-phase and a two-phase evaluation, with the added option to personalize the one-step or two-step evaluation process. Moreover, Glow Node stands out for its minimal restrictions on trading styles, allowing traders to engage in activities such as trading during news events, holding trades overnight, and even trading on weekends.
The two-phase evaluation program at Glow Node involves completing two successive phases to qualify for bi-weekly payouts. Phase one sets an 8% profit target, followed by a 5% profit target in phase two, each subject to a 5% maximum daily loss and 10% maximum loss rules. Importantly, traders face no minimum or maximum trading day requirements during each evaluation phase before transitioning to funded status. Additionally, the two-step evaluation programs feature a scaling plan. In comparison to other leading prop firms in the industry, Glow Node offers moderate profit targets and adopts more lenient trading rules, eliminating minimum and maximum trading day restrictions.
Example of comparison between Glow Node & My Forex Funds:
Trading Objectives
Glow Node
True Forex Funds (Limitless)
Phase 1 Profit Target
8%
8%
Phase 2 Profit Target
5%
5%
Maximum Daily Loss
5%
5%
Maximum Loss
10%
10%
Minimum Trading Days
No Minimum Trading Days
5 Calendar Days
Maximum Trading Period
Phase 1: Unlimited Phase 2: Unlimited
Phase 1: Unlimited Phase 2: Unlimited
Profit Split
80% up to 90%
80%
Example of comparison between Glow Node & FundedNext:
Trading Objectives
Glow Node
FundedNext (Stellar)
Phase 1 Profit Target
8%
8%
Phase 2 Profit Target
5%
5%
Maximum Daily Loss
5%
5%
Maximum Loss
10%
10%
Minimum Trading Days
No Minimum Trading Days
5 Calendar Days
Maximum Trading Period
Phase 1: Unlimited Phase 2: Unlimited
Phase 1: Unlimited Phase 2: Unlimited
Profit Split
80% up to 90%
80% up to 90%
Example of comparison between Glow Node & E8 Funding:
Trading Objectives
Glow Node
E8 Funding (Normal)
Phase 1 Profit Target
8%
8%
Phase 2 Profit Target
5%
5%
Maximum Daily Loss
5%
5%
Maximum Loss
10%
8% (Scaleable up to 14%)
Minimum Trading Days
No Minimum Trading Days
No Minimum Trading Days
Maximum Trading Period
Phase 1: Unlimited Phase 2: Unlimited
Phase 1: Unlimited Phase 2: Unlimited
Profit Split
80% up to 90%
80%
In contrast to other prop firms, Glow Node’s one-phase evaluation programs present traders with the flexibility to select from various account sizes, requiring the completion of a single phase to qualify for bi-weekly payouts. The profit target for this evaluation program is set at 10%, with corresponding limits of a 4% maximum daily loss and 8% maximum trailing loss. Importantly, there are no specified minimum or maximum trading day requirements, allowing for a more unrestricted trading approach. The one-phase evaluation program also incorporates a scaling plan.
Remarkably, Glow Node distinguishes itself from other industry-leading prop firms by adopting straightforward and relaxed rules. This flexibility positions Glow Node as an excellent choice for traders, offering the freedom to trade during news events, hold positions overnight, and even engage in weekend trading. Notably, the only restriction is the prohibition of any martingale strategy. In summary, Glow Node stands out in the industry by providing two distinctive funding programs, the option for customization, and a trader-friendly environment with relaxed rules, making it an appealing choice for a diverse range of traders.
Is getting Glow Node capital realistic?
It’s crucial to assess the practicality of trading requirements when selecting prop firms aligning with your forex trading style. While a firm may offer an appealingly high % profit split on a well-funded account, unrealistic expectations for high % gains per month alongside low % maximum drawdowns could significantly diminish your chances of success.
Receiving capital through Glow Node’s two-phase evaluation programs is realistic due to their moderate profit targets (8% in phase one and 5% in phase two) combined with reasonable maximum loss rules (5% maximum daily and 10% maximum loss). Additionally, there are no imposed minimum or maximum time limitations, providing traders with a flexible trading environment.
Likewise, obtaining capital from the one-phase evaluation program at Glow Node is realistic, given its average profit target of 10% coupled with moderate maximum loss rules (4% maximum daily and 8% maximum trailing loss). Traders should note the absence of minimum or maximum time limitations, offering further flexibility.
Considering these aspects, Glow Node emerges as an excellent option for securing funding due to its provision of two distinct funding programs. Moreover, the ability to customize evaluations with realistic trading objectives and conditions for bi-weekly payouts adds to its appeal as a practical and accommodating platform for traders.
Payment proof
Glow Node, established in April 2022 by co-founders Sam Bradbury and Ryan Beasley, allows traders to initiate their first withdrawal after a waiting period of 14 calendar days. Subsequent payouts, following the initial withdrawal, are consistently processed on a bi-weekly schedule.
Within their Discord channel, traders can access the dedicated “payouts” channel. This specific channel serves as a platform where individuals can find certificates awarded to those who have successfully completed the withdrawal process and received their profits.
Traders’ comments about Glow Node
Glow Node has excellent feedback from their reviews.
On Trustpilot, Glow Node boasts an extensive collection of community feedback, earning an impressive score of 4.6/5 from 284 reviews. The overwhelming majority of their community members express satisfaction and praise for the company’s transparent trading objectives and rules. Additionally, many users commend Glow Node for its active engagement with the community, particularly through their Discord channel.
Conclusion
In conclusion, Glow Node stands out as a legitimate proprietary trading firm that provides traders with diverse options, allowing them to choose between two distinct funding programs: a two-phase evaluation and a one-phase evaluation, along with the added flexibility to customize their evaluation program.
The two-phase evaluation programs adhere to industry standards, involving a two-phase challenge that must be completed before traders become funded and eligible for bi-weekly profit splits. Glow Node sets realistic trading objectives, requiring traders to achieve profit targets of 8% in phase one and 5% in phase two. These objectives are complemented by reasonable rules, including a 5% maximum daily loss and 10% maximum loss, with no time limitations during both evaluation phases. Traders can earn profit splits ranging from 80% up to 90% and have the opportunity to scale their accounts.
For one-phase evaluation programs, traders can select from different account sizes. The one-step evaluation entails reaching a profit target of 10% within an unlimited time period, accompanied by 4% maximum daily and 8% maximum trailing loss rules before qualifying for bi-weekly earnings. Similar to the two-phase programs, traders can earn profit splits ranging from 80% up to 90% and can scale their accounts.
Glow Node is recommended for those seeking a prop firm with clear and relaxed trading rules. As a well-established proprietary trading firm, it offers an excellent funding experience with favorable trading conditions. Considering all aspects, Glow Node emerges as one of the top choices within the prop trading industry.
This review of Glow Node was lastly updated on 08.01.2024 at 13:03 CE(S)T.
