Glow Node Review (10% Discount Code: INVEST)

Glow Node’s One-phase challenge allows traders to manage account sizes ranging from $10,000 to $200,000. The goal is to identify skilled traders who can manage risk and still be profitable. The Two-phase challenge allows you to trade with up to 1:30 leverage.

It goes like this:

For evaluation phase one you have to meet a profit target of 10% without exceeding their customizable maximum daily loss (3%, 4%, or 5%) or maximum trailing loss (5%, 6%, 7%, or 8%) rules. There are no minimum or maximum trading day requirements for this phase. 

Once you’ve completed both phases, you’ll receive a funded account. It comes with no minimum withdrawal requirements and you only have to respect their customizable maximum daily loss (3%, 4%, or 5%) or maximum loss (5%, 6%, 7%, or 8%) rules.

Your first withdrawal happens 14 days after your first trading day while all other payouts happen bi-weekly. The profit split starts from 80% and can go up to 90% depending on how profitable you are.

Add-ons for Glow Node’s One-phase Challenge:

3. 90% Profit Split
4. Weekly Payouts

One-phase Challenge Scaling Plan:

There is also a scaling plan for the one-phase challenge. If a trader is profitable for three consecutive months with an average return of 10% within that time frame, you’ll become eligible to increase your account by 30% of the initial balance. The profit split also increases to 90% when you scale your account for the first time.

For example:

After 3 months: A qualified $50,000 account increases to $65,000

After the next 3 months: An eligible $65,000 account increases to $80,000

After another 3 months: A qualified $80,000 account goes up to $95,000

One-phase Challenge Trading Rules:

1. Target: Traders must achieve the specified profit target of 10% to successfully conclude the evaluation phase, withdraw earnings, and scale their account. Funded accounts given by the prop firm do not have any designated profit splits.
2. Maximum Daily Loss: A trader must stay within the maximum daily loss limit in order not to breach the account. All account sizes come with a customizable maximum daily loss of 3%, 4%, or 5%.
3. Maximum Trailing : All accounts come with a customizable maximum loss of 5%, 6%, 7%, or 8%. A trader must stay within this limit in order not to breach the account.
4. No Martingale: Traders are not allowed to employ any form of martingale trading strategy when trading.

What Sets Glow Node Apart From Other Prop Firms?

Glow Node distinguishes itself from other industry-leading proprietary trading firms because of its unique offerings: the two-step evaluation and one-step evaluation. Glow Node’s evaluation process puts traders’ skills to the test, gets them familiar with how the platform works, and ensures that they have what it takes to succeed before making them funded traders.

In addition, the firm provides convenience through its features such as add-ons, unlimited trading period, no time limitations, no minimum or maximum trading day requirements, customizable maximum daily and maximum drawdown rules, and bi-weekly withdrawals.

The two-phase challenge is designed to pick out traders that can be consistently profitable. Traders have to successfully complete two phases with profit targets of 8% and 4% respectively. Plus, it provides a little wiggle room with its customizable maximum daily loss (3%, 4%, 5%, or 6%) or maximum loss (5%, 6%, 7%, 8%, 9%, 10%, 11%, or 12%) rules. There are no time limitations or trading day requirements for both evaluations.

The one-phase challenge has only one step to deal with before you receive a funded account and become eligible for payouts. The profit target is 10% with customizable maximum daily loss (3%, 4%, or 5%) or maximum trailing loss (5%, 6%, 7%, or 8%) rules. There are also no time limitations or trading day requirements with this evaluation.

Both account types have a unique scaling plan that gives you access to 90% of your profits and 30% of the initial account balance as long as you are consistently profitable for three months. You get back your challenge fees after your second payout. Once the payout split goes to 90%, you can keep scaling your account to a maximum of $1,000,000.  In addition, you can have multiple accounts for trading different financial instruments with a maximum total starting balance of $300,000 across all your accounts.

Only Martingale trading is not allowed by Glow Node but everything else is available to you. Traders can trade news, utilize copy trading, and EAs to scale up. The only limit is to ensure that your EA does not violate one of the forbidden trading styles.

Is Getting Glow Node Capital Realistic?

To increase the likelihood of success, it is necessary to evaluate the trading requirements and conditions of a proprietary firm when considering whether it could be the best fit for you. Initial evaluation allows you to determine if it caters to your trading style and offers a conducive environment for growth. It should have a generously funded account and attractive profit split. You should also assess how easy it is to use.

The practicability and usefulness of a prop firm decreases where they demand substantial monthly gains while giving little room for error and growth. Plus, time limitations are important to consider because flexible trading day requirements reduces the burden and pressure of trading,

Receiving capital from Glow Node is realistic because:

The two-phase challenge has relatively modest profit targets for both phases (8% for phase one and 4% for phase two) combined with customizable maximum daily loss (3%, 4%, 5%, or 6%) or maximum loss (5%, 6%, 7%, 8%, 9%, 10%, 11%, or 12%) rules. The two-phase evaluation phase gives you ample room to acquaint yourself with the platform and its trading rules while learning how to mitigate risks. This helps you to avoid breaching your account and violating the terms of agreement.

The no time limit allows you to move at your own pace. Upon successfully completing the challenge, your funded account is created almost immediately. Payouts are done bi-weekly and you can enjoy a profitable profit split of up to 90%.

The one-phase challenge also has a realistic profit percentage of 10% with customizable maximum daily loss (3%, 4%, or 5%) or maximum trailing loss (5%, 6%, 7%, or 8%) rules. There are also no minimum or maximum trading day requirements. This means that you can complete the phase in a matter of days or take your time to get through it. Once you get your funded account, you become eligible for bi-weekly payouts with an advantageous split of up to 90% .

Considering its favorable features among other factors, Glow Node comes highly recommended since it offers realistic trading requirements that traders can strive to meet no matter where they are in their trading journey.

Payment Proof for Prop Firm

Since it was incorporated in April 2022, Glow Node has garnered a large community of traders who have reached funded status and enjoy the advantageous split the prop firm provides. Its large and still growing community is one factor that distinguishes it from other prop trading firms.

For Glow Node, you can find payment proof on a host of platforms. One of the most popular sites is Trustpilot. This is generally a place where traders share their experience with prop firms and provide guidance for others. You can be sure to find honest and reliable reviews there that give you an understanding of what to expect when working with the company and what other Glow Node traders are making. Another platform to find payment proof is their Discord channel. There you can find numerous payout certificates of the most successful traders and possibly chat with other traders one-on-one to get a more in-depth understanding of what you have to do to become a funded trader. You could also get some tips on how to best use your new trading account.