Paradise Capital prop firm offers funded accounts with up to 95% profit share and 14 days payout. Funded options range from 5k to 1 million dollars and there are two account types, regular, and fast pace. Despite having different names and funded options, both accounts are 1-step challenge type. The firm offers cryptos and allows traders to trade cryptos on weekends which is flexible for crypto traders. The smallest fee starts from 79 dollars which is also competitive in the prop trading sector.
In this Paradise Capital review, we will assess the firm’s critical features such as safety, rules, assets, platforms, fees, support, and more.
Pros & cons of Paradise Capital prop firm
Pros
- Ability to withdraw with $0 fees
- Offers access to MetaTrader 4, MetaTrader 5
- Fast and digital account opening/verification
- Offers access to 54 Forex pairs
- Lower profit target of 5%
- Higher daily loss limit of 12%
- Most payment options are free and instant
Cons
- Low total loss limit of 4%
Safety of Paradise Capital – 0
There are no Paradise Capital reviews on the Forex Peace Army (FPA), which is a downside and red flag. On Trustpilot, the firm has around 300 reviews and 12% of these reviews are 1-star evaluations which indicates issues with the firm’s quality of services. Another important aspect of prop firm safety is experience. The firm was launched in 2024, which makes it very young and inexperienced in the prop trading industry. Additionally, all funded account challenges are simulated accounts, meaning there are only demo accounts available and traders never access live capital.
The firm gets a 0 score in this section for being young and having 12% of negative reviews which might indicate potential scam activities.
Paradise Capital Funding and Maximum Capital Allocation – 4
Paradise Capital funded programs are two, regular, and fast pass. Both challenges are 1-step accounts, meaning traders have to reach their profit target once. The Paradise Capital funding options for the Regular challenge include 5k, 15k, 25k, 50k, 100k, and 200k USD. The Fast Pass Paradise Capital challenge offers 5k, 15k, 25k, 50k, 100k, 200k, 300k, 400k, 500k, 600k, and 1 million dollars. This is very flexible and traders can access substantial capital which is especially useful for seasoned traders.
Paradise Capital scaling plan is available but instead of capital, traders can increase only their payout percentage from 50% to 95%.
Overall, the firm gets a 4 score in this section for only lacking 1k USD accounts.
Paradise Capital Assets – 3
Paradise Capital prop trading assets include popular instruments such as Forex pairs, commodities (metals and energies), indices, and cryptos. The leverage is up to 1:100 which is very flexible and useful. The firm does not offer access to stocks or any other asset classes which is a minor downside.
Overall, the firm gets a 3 score in this section.
Paradise Capital Trading rules and limitations – 1.5
Paradise Capital rules are slightly different for each funded challenge type. The regular challenge requires a 10% profit target and the fast pass challenge slightly lower 8%. Daily risk limit and maximum drawdown are 5% and 10% for both challenge types. Weekend trading and overnight trading is allowed and traders can also use automated trading robots (EAs). There is a 1 minimum trading day requirement.
The firm gets a 1.5 score in this section.
Paradise Capital Fees – 2.5
The pricing is competitive for the regular funded options. It starts at 79 dollars for the 5k USD challenge. This is slightly higher than what other prop firms offer but still well below 150 USD, which makes the firm very competitive. The pricing is more expensive for fast pass challenges, starting at 124 USD for a challenge of the same amount.
Paradise Capital free trial is not offered and the Paradise Capital free repeat is not available either which is a downside. Traders can not evaluate trading conditions before they purchase or start over free in case they fail the challenge.
As a result, the firm gets a 2.5 score in this section.
Paradise Capital Platforms – 2.1
When it comes to trading platforms, the firm offers access to TradeLocker, which is a popular prop trading platform. TradeLocker allows many advanced features but lacks support for custom indicators and automated trading systems.
Overall, the firm gets a 2.1 score in this section.
Paradise Capital Profit-Sharing – 2
Paradise Capital profit split is from 50% to 95% and traders can increase their split by consistently profitable trading which is flexible. However, the starting payout of 50% is very unattractive. Withdrawals take 1-3 business days to get processed which is slow.
Overall, the firm gets a 2 score in this section.
Education and trading tools at Paradise Capital – 2
The firm offers trading blogs and trading tools which are very useful. Traders can access these tools from the trader dashboard. Tools include calculators and economic calendars which can be used to track major economic news releases.
Overall, the firm gets a 2 score in this section.
Customer Support at Paradise Capital – 3.8
Customer support is excellent at Paradise Capital and includes email, live chat, and phone support. The only minor downside is the lack of multilingual websites and support options.
The firm gets a 3.8 score in this section.
Frequently Asked Questions on Paradise Capital
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