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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.

Products

Forex, Metals, Indices, Commodities, Crypto

Min Challenge

$297 – $25,000

Max Account Size

$200,000

Leverage

1:100

Trading Platforms

MetaTrader 4

Deposit Options

Credit/Debt Cards, Apple Pay

Time to Open an Account

2 minutes

Cryptocurrencies

Yes

Discount Code

10% – TL10

Withdrawal Options

Bank Transfer, Crypto

Time to Withdrawal

First payment is monthly, then after first payment bi-weekly

Foundation Year

2024

Headquarters Country

Dubai

Supported Languages

English, Spanish

 

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 permits the use of Expert Advisors (EAs), High-Frequency Trading (HFT), and news trading during the assessment phase only. 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.

 

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