The Trading Capital Forex Prop Firm Review

The Trading Capital Forex Prop Firm Review

The Trading Capital prop firm is a financial services company that offers funded account challenges and promises very favorable conditions. The firm offers funded options ranging from 50k to 500k USD, and there is a scaling plan with a maximum funded amount of 5 million dollars. The firm offers one funded account type, which is a 2-step challenge. The pricing starts at 297 USD with the current discount. The profit split is 90%. Payouts are biweekly (twice per month). The lack of funded options below 50k seems like a serious disadvantage of this prop firm.

In this unbiased Trading Capital review, we will assess the firm’s safety, rules, funded options and types, assets, platforms, pricing, support, and more. 

Pros & cons of the Trading Capital prop firm

Pros

Cons

Ability to withdraw with $0 feesNo reviews on the FPA and many negative reviews on Trustpilot
Offers access to MetaTrader 4Does not offer phone support
Fast and digital account opening/verificationLacks educational resources
Offers access to Forex pairs, indices, and commoditiesVery high fees from 297 dollars
Provides 90% profit split 
Higher maximum loss limit of 12% 
Most payment options are free and instant 

Quick rating of The Trading Capital and its features

FPA ScoreNo rating
Year founded2021
HeadquartersCanada
Minimum audition fee297 USD
Fees on withdrawals0 USD
Minimum funded amount50,000 USD
Maximum funded amount500,000 USD
Allowed daily loss5%
Profit target10%
Maximum trailing drawdown12%
Profit sharing (Payouts)90%
Trading PlatformsMetaTrader 4 (MT4)
Available trading marketsForex pairs, indices, and commodities

Safety of The Trading Capital - 1.5

There are no The Trading Capital reviews on the Forex Peace Army (FPA), which is a major red flag. On Trustpilot, the firm has around 80 reviews, and 34% of them are 1-star evaluations, indicating some substantial issues with the firm’s service quality. When it comes to experience, the firm has been around since 2021, which makes it decently experienced in the prop trading industry. However, the percentage of negative reviews confirms otherwise, and traders are advised to stay careful when dealing with this prop firm. 

The firm gets a 1.5 score in this section.

The Trading Capital Funding and Maximum Capital Allocation - 2

The Trading Capital funded programs are scarce as the firm only offers a 2-step challenge. There are no other types of The Trading Capital funding accounts offered, like 1-step and instant, which is a serious downside for the firm and traders. 

The Trading Capital challenges offer limited funded options such as 50k, 100k, 200k, and 500k USD amounts. There are no smaller funded accounts, which is a serious downside for the firm. The firm is not suitable for beginners, and the 50k USD account has a high one-time fee as well. 

The Trading Capital scaling plan is offered by the firm for consistently profitable trailers and allows up to 5 million in funding, which is a very serious number. This amount of capital makes the firm more suitable for experienced traders, but since its safety is questionable, we advise our readers to stay away from this firm. 

As a result, the firm only gets a 2 score in this section.

The Trading Capital Assets - 2

The Trading Capital prop trading assets include all Forex Pairs, Gold, Silver, and Platinum, popular indices(DJ, ND & S & S&P500 ONLY), and Oil. The firm does not allow access to cryptos or stocks, which is a serious downside. The leverage is capped at 1:100 for all funded accounts at all phases, including both evaluation and funded. 

Overall, the firm gets a 2 score in this section. 

The Trading Capital Trading rules and limitations - 3

The Trading Capital rules are competitive. Here are the main requirements:

  • Profit target - 8%, 5% (phase 1 and 2)
  • Daily loss limit - 5%, 6% (phase 1 and 2)
  • Maximum drawdown - 12%
  • Minimum trading days - 5 days

 The firm allows news trading as well as Expert Advisors (EAs), which is very flexible. Traders can hold open positions overnight and over weekends, which allows them to deploy a wide range of trading strategies from scalping to swing trading.

Overall, the firm gets a 3 score in this section. 

The Trading Capital Fees - 1

When it comes to pricing, the firm is very expensive. However, the price is high because the firm offers funded options from 50k, which typically are expensive accounts. The smallest pricing with current discounts starts at 297 dollars for the 2-step 50k USD challenge. 

The Trading Capital free trial is not offered, and the Trading Capital free repeat is not available either, which is very disadvantageous as traders can not check trading conditions or start over for free. Withdrawals are not charged. However, spreads are not zero, which is a downside for scalpers. 

Overall, the firm gets a 1 score in this section. 

The Trading Capital Platforms - 5

The firm allows access to the popular advanced trading platform, MetaTrader 4 (MT4). The Trading Capital MT4 allows custom indicators and Expert Advisors (EAs). The firm allows traders to use EAs, which are flexible. Mobile trading is also available via the MT4 mobile app, which is beneficial for trading on the go. 

Overall, the firm gets a 5 score in this section. 

The Trading Capital Profit-Sharing - 3

The Trading Capital profit split is 90% for all accounts at all times. Meaning traders do not need to purchase add-ons or through the scaling plan. There are no withdrawal fees. However, the processing of profit withdrawals can take 1-3 business days, which is a downside. 

Overall, the firm gets a 3 score in this section. 

Education and trading tools at The Trading Capital - 0

The firm does not offer educational resources, which is a downside. There are no webinars, trading courses, or video guides. There is no trading blog either, which is also a downside. The firm does not offer trading tools. 

Overall, the firm gets a 0 score in this section. 

Customer Support at The Trading Capital - 2.4

The support at The Trading Capital is provided via the live chat and email options. The firm does not offer phone support, which is a downside. The lack of phone support is typically a red flag for the firm’s safety. The website and support options at The Trading Capital are offered only in the English language, which is a downside as well.

In the end, the firm gets a 2.4 score in this section. 

Frequently Asked Questions on The Trading Capital

Is The Trading Capital Legit?

The Trading Capital scam is highly likely as the firm has many negative reviews on Trustpilot indicating serious issues with its services. 

Is The Trading Capital a good prop firm?

No, the firm has negative reviews, expensive fees, and does not offer phone support or educational resources. 

What is the minimum Trading Capital fee?

The smallest one-time fee starts from 297 USD for the 50k USD 2-step account, which makes the firm overall very expensive.