Traders Launch prop firm provides traders with access to only futures markets and limited funded options. The firm has only email support and a very poorly built website which lacks professionalism. There are no reviews nor trader feedback online raising serious red flags about the firm’s safety.
In today’s Traders Launch review, we are going to assess the crucial details about the firm such as safety, funding options, rules, fees, platforms, support, and more.
Pros
- Ability to withdraw with $0 fees
- Fast and digital account opening/verification
- Most payment options are free of charge
Cons
- Lacks trader reviews and experience
- Only two funded options of 100k and 200k
- Has expensive monthly fees
- No educational resources
- Very strict daily risk limit of 0.8%
- 3 days for withdrawals
- Only offers access to web trading platform
Quick rating of Traders Launch and its features
| FPA Score | Not yet rated |
| Year founded | 2023 |
| Headquarters | Unknown |
| Minimum audition fee | 99 USD per month |
| Fees on withdrawals | 0 USD |
| Minimum funded amount | 100,000 USD |
| Maximum funded amount | 200,000 USD |
| Allowed daily loss | 0.8% |
| Profit target | 2% |
| Maximum trailing drawdown | Unknown |
| Profit sharing (Payouts) | 80% |
| Trading Platforms | Web platform |
| Available trading markets | Futures |
Safety of Traders Launch – 0
Traders Launch reviews are lacking on the FPA as the firm is less popular because it was launched recently. The same is true for the Trustpilot account of Traders Launch which raises serious safety concerns about this firm. There are only reviews and both are negative reviews which only lowers the legitimacy of the firm. Traders Launch was established in 2023 giving the firm little to no experience in the industry. The website is also messy and requires adjustments and additional work as it does not make an impression of a professional website. With these many red flags and inconsistencies, we were not surprised to find out that the firm is not backed by any regulated broker making it a highly risky prop firm we can not advise anyone.
The firm gets a 0 score in this section for providing little to no safety and numerous serious red flags we have found so far.
Traders Launch Funding and Maximum Capital Allocation – 2
Traders Launch Funded Programs are scarce and only consist of two funded options for futures trading, a 100k account, and a 200k funded account. There are no lower options which is very unattractive and the firm does not provide a professional website raising some red flags about its legitimacy. Both accounts also have super strict rules which we will discuss in more detail later.
Traders Launch fundings only are based on expensive monthly subscription fees providing little to no flexibility to traders. Traders Launch Challenges are two-phased evaluations and traders get supposedly funded after they pass these challenges. We can not confirm the firm actually allows traders to access live markets.
Traders Launch Scaling Plan allows traders to moderately increase funding by 1 contract and is not satisfactory.
The firm gets a 2 score in this section for offering extremely limited funded options.
Traders Launch Assets – 0.5
Traders Launch Prop Trading only allows traders to access futures and there are no other assets available. Traders are also limited in how many contracts they can trade depending on their accounts. The firm does not provide leverage. Overall, Traders Launch receives a 0.5 score in this section.
Traders Launch Trading rules and limitations – 0.8
Traders Launch rules are extremely demanding allowing traders to only lose 0.8% on any trading day. Basically, traders can breach these rules very easily if there is even a minor movement against their position. The profit target is 2% which is attractive but it is very questionable if traders can achieve any profits without breaching the daily risk rule. The firm gets a 0.8 score for offering only an attractive profit target while all other rules are super restrictive.
Traders Launch Fees – 1.5
Traders Launch operates on a subscription basis and both accounts require traders to pay monthly fees. The 100k funded account has a 99 USD per month fee, while the 200k will cost 159 USD every month.
Traders Launch Free Trial is not offered as of now which is a big downside as traders can not test the conditions before purchasing the account.
Traders Launch free repeat also is not available as traders are charged every month. Traders Launch receives a 1.5 score in this section.
Traders Launch Platforms – 0.9
Traders Launch only provides traders with a standard web trader that lacks essential features and indicators to analyze markets and is laggy very often. Unlike advanced platforms, there are no custom indicators, and built-in indicators are very limited. Overall, the firm lacks a professional platform for futures trading and receives just a 0.9 score in this section.
Traders Launch Profit-Sharing – 1
Traders Launch profit split is 80% for all accounts and withdrawals take up to 3 days which is long. The firm requires traders to make at least $1,000 before they can withdraw profits. After this profit is above the base funding, they are allowed to withdraw profits.
Overall, the firm gets a 1 score in this section for not offering faster withdrawals.
Education and trading tools at Traders Launch – 0
Traders Launch does not provide any trading education or tools to support their trader’s progress. The firm seems only focused on experienced traders and is not suitable for beginners. For not providing any education at all, the firm gets a 0 score in this section.
Customer Support at Traders Launch – 1.4
Trader Launch only provides email support and lacks live chat and hotline channels. Traders have to wait for the firm’s response via email if they have issues which is very inconvenient. Both the website and support are only in the English language which is very disadvantageous. Overall, the firm gets a 1.4 score in this section for poor support.
Frequently Asked Questions
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