Founded by industry veterans with over ten years of experience in directorial roles within the Forex sector and more than 15 years in developing digital products and businesses, TraderScale combines extensive market knowledge with innovative technological solutions. This blend of expertise ensures that traders are equipped to seize previously out-of-reach lucrative opportunities, thereby significantly transforming their trading strategies and results.
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Products |
Forex, Metals, Indices, Commodities, Crypto |
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Min Challenge |
$297 – $25,000 |
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Max Account Size |
$200,000 |
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Leverage |
1:100 |
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Trading Platforms |
MetaTrader 4 |
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Deposit Options |
Credit/Debt Cards, Apple Pay
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Time to Open an Account |
2 minutes |
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Cryptocurrencies |
Yes |
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Discount Code |
10% – TL10 |
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Withdrawal Options |
Bank Transfer, Crypto |
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Time to Withdrawal |
First payment is monthly, then after first payment bi-weekly |
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Foundation Year |
2024 |
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Headquarters Country |
Dubai |
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Supported Languages |
English, Spanish, French, Italian, German, Dutch |
Programs:
TraderScale offers a unified proprietary trading program tailored to accommodate varying levels of capital investment, with account sizes available at $25,000, $50,000, $100,000, and $200,000. This program is designed to support Forex traders through a streamlined evaluation process followed by access to live trading accounts.
Funding Process:
To qualify for funding, candidates must enrol in TraderScale’s program and successfully navigate through a one-phase assessment challenge. Upon meeting the requisite criteria and advancing to the live trading stage, traders can retain up to 90% of the profits generated.
Enhanced Trading Features:
TraderScale provides a suite of additional features designed to augment the trading experience and potential profitability for its users:
- Weekend Trading: Participants have the opportunity to engage with the cryptocurrency markets over the weekend. This includes the ability to initiate and hold positions throughout the weekend, providing greater flexibility and extended trading hours.
- Increased Profit Share: Traders have the option to elevate their profit share from the standard 80% to 90%, allowing for a higher retention of generated profits.
- No Stop Loss Requirement: In a move to afford traders greater control over their trading strategies, TraderScale offers an option to trade without mandatory stop losses. This allows traders to operate with a higher risk tolerance and strategy flexibility.
Trading Conditions and Rules:
The firm enforces an industry-standard maximum drawdown of 8% and a daily drawdown limit of 4%. While the daily limit offers substantial flexibility. TraderScale doesnt permit the use of Expert Advisors (EAs), High-Frequency Trading (HFT), but does allow news trading. Additionally, the program includes a stipulation for a maximum of seven consecutive inactive days.
Payout Structure:
The initial payout interval is set at 30 days post-funding, after which withdrawals can be requested bi-weekly. TraderScale supports payment methods, including bank transfers and cryptocurrencies. Upon initiating a withdrawal, traders are contacted via email to confirm their preferred payment method.
Customer Support:
TraderScale is commended for its responsive customer service, with email support typically responding within an hour. The support team is staffed by individuals with direct Forex and proprietary trading experience, ensuring a profound understanding of traders’ needs. Further discussions with TraderScale management have revealed significant investments in technology and platform development to enhance the user experience, particularly emphasising an intuitive user interface and a fully functional dashboard for traders at all experience levels.
