Reviewed by PropFirm201 Research Team·At a Glance
Pricing & Challenge Types
Turtle Standard (1-Step)
1 phase · 80% profit split · Scaling available
| Account Size | Price | Target P1 | Daily Loss | Max DD |
|---|---|---|---|---|
| $5,000 | $55 | 10% | 3% | 6% |
| $10,000 | $99 | 10% | 3% | 6% |
| $25,000 | $199 | 10% | 3% | 6% |
| $50,000 | $399 | 10% | 3% | 6% |
| $100,000 | $699 | 10% | 3% | 6% |
| $200,000 | $1299 | 10% | 3% | 6% |
| $500,000 | $2999 | 10% | 3% | 6% |
| $1,000,000 | $5997 | 10% | 3% | 6% |
Hare Standard (2-Step)
2 phases · 80% profit split · Scaling available
| Account Size | Price | Target P1 | Target P2 | Daily Loss | Max DD |
|---|---|---|---|---|---|
| $5,000 | $55 | 10% | 5% | 5% | 10% |
| $10,000 | $99 | 10% | 5% | 5% | 10% |
| $25,000 | $199 | 10% | 5% | 5% | 10% |
| $50,000 | $399 | 10% | 5% | 5% | 10% |
| $100,000 | $699 | 10% | 5% | 5% | 10% |
| $200,000 | $1299 | 10% | 5% | 5% | 10% |
| $500,000 | $2999 | 10% | 5% | 5% | 10% |
| $1,000,000 | $5997 | 10% | 5% | 5% | 10% |
Instant Standard
0 phases · 50% profit split · Scaling available
| Account Size | Price | Target P1 | Daily Loss | Max DD |
|---|---|---|---|---|
| $2,500 | $55 | 10% | 5% | 5% |
| $5,000 | $99 | 10% | 5% | 5% |
| $10,000 | $199 | 10% | 5% | 5% |
| $20,000 | $399 | 10% | 5% | 5% |
| $40,000 | $699 | 10% | 5% | 5% |
Pros & Cons
Pros
- Accounts up to $1,000,000 available, scaling to $3 million and beyond
- Multiple payout methods including PayPal, Wise, and crypto
- EA and copy trading both allowed
- No time limits on evaluation phases
- Wide range of instruments including stocks
Cons
- Instant funding accounts have only 50% profit split
- Higher-than-average risk rating from independent review platforms
- Reports of platform being offline for extended periods
- Some traders report slow support response times
- Banned in Hong Kong, Australia, and several other countries
Trading Rules
About Traders With Edge
Traders With Edge is a proprietary trading firm founded in February 2022, owned by Swift Trader Ltd and headquartered in Hong Kong. Led by CEO Samuel Junghenn, the firm offers some of the largest account sizes in the industry, up to $1,000,000, with the potential to scale to $3 million through consistent performance and even further to $30 million after two years of consistent profitability.
The firm partners with Eightcap, an ASIC-licensed broker, for trade execution, providing institutional-grade liquidity despite the firm itself not being directly regulated. Traders With Edge offers three main challenge types: Turtle (1-step), Hare (2-step), and Instant, each available in Standard and Aggressive variants.
With support for MatchTrader, DXtrade, and MetaTrader, plus a wide range of tradable instruments including forex, stocks, indices, commodities, metals, and energies, the firm provides flexibility for diverse trading strategies.
How It Works
Traders With Edge offers three evaluation paths:
Turtle Standard (1-Step): Complete a single phase with a 10% profit target, 3% daily loss limit, and 6% total loss limit. Minimum 5 trading days required with no time limit. Equity-based drawdown calculation.
Hare Standard (2-Step): Phase 1 requires 10% profit and Phase 2 requires 5%. Daily loss limit is 5% with 10% maximum drawdown. Minimum 5 trading days per phase with no time limit.
Instant Standard: Skip evaluation and start trading immediately with a 10% profit target for withdrawal eligibility. Daily loss limit is 5% with only 5% maximum loss. Profit split starts at 50%, below the industry standard.
Aggressive variants double the profit targets, daily loss limits, and maximum drawdowns for traders who prefer higher-risk, higher-reward setups.
Pricing & Plans
| Account Size | Turtle/Hare Standard | Instant Standard |
|---|---|---|
| $2,500 | N/A | $55 |
| $5,000 | $55 | $99 |
| $10,000 | $99 | $199 |
| $25,000 | $199 | N/A |
| $50,000 | $399 | N/A |
| $100,000 | $699 | N/A |
| $200,000 | $1,299 | N/A |
| $500,000 | $2,999 | N/A |
| $1,000,000 | $5,997 | N/A |
Leverage: 1:100 for forex. Turtle and Hare challenges share the same pricing structure.
Rules & Restrictions
- Maximum Daily Loss: 3% (Turtle) or 5% (Hare/Instant).
- Maximum Overall Loss: 5-10% depending on challenge type.
- Minimum Trading Days: 5-10 depending on challenge type.
- Drawdown Type: Equity-based, adjusting with account size.
- News Trading: Permitted with caution regarding spreads and slippage.
- Copy Trading: Allowed.
- Expert Advisors: Permitted.
- Tick Scalping: Prohibited (trades under 30 seconds).
- Arbitrage: Prohibited.
- Hedging Between Accounts: Prohibited.
- Banned Countries: Hong Kong, Australia, Cuba, Iran, North Korea, Sudan, Syria.
Payouts
- Frequency: Bi-weekly (every 14 days).
- Profit Split: 80% on Turtle and Hare; 50% on Instant.
- Methods: Wise, Crypto (USDT via ERC20), Bank transfer, PayPal, Perfect Money, Fasapay, Payeer, Payoneer.
- Scaling: 25% account increase upon achieving 10% net gain over 4 months with 2 profitable months.
Is Traders With Edge Legit?
Traders With Edge is a registered Hong Kong company that has been operational since 2022. The firm partners with Eightcap (ASIC-regulated) for trade execution, which adds a layer of credibility. The Trustpilot rating of 4.4/5 is reasonable, though based on a limited number of reviews.
Concerns include reports of the platform being offline for extended periods (weeks at a time), slow support response times, and the higher-than-average risk rating from independent review platforms. The firm is not regulated as a financial institution, and traders from multiple countries including Australia and Hong Kong are restricted.
FAQ
What is Traders With Edge?
Traders With Edge is a Hong Kong-based prop firm founded in 2022 that offers funded accounts up to $1,000,000 with scaling potential to $3 million or more. The firm partners with ASIC-regulated Eightcap for trade execution.
How much does Traders With Edge cost?
Fees start at $55 for a $5,000 account and go up to $5,997 for a $1,000,000 account.
What is the maximum account size?
The largest starting account is $1,000,000. Through the scaling plan, accounts can grow to $3 million, and potentially $30 million after two years of consistent profitability.
What is the profit split on instant accounts?
Instant funding accounts have a 50% profit split, which is significantly below the industry standard of 80%. Turtle and Hare challenges offer the standard 80% split.
Is Traders With Edge available in the US?
US availability is not explicitly confirmed. The firm bans traders from Hong Kong, Australia, and several other countries. US traders should verify their eligibility directly.