Glow Node Review
Glow Node is a proprietary trading firm officially registered as Glow Node LTD, which was established on April 9, 2022. Situated in London, UK, it is managed by co-founders Sam Bradbury and Ryan Beasley. The firm offers traders a selection of five account types, including three two-step evaluations and two one-step evaluations, catering to various trading strategies and preferences. Glow Node partners with a tier-1 liquidity provider, ensuring that its traders experience the best simulated real market trading conditions through their broker. This setup aims to provide both novice and experienced traders with optimal trading environments to maximize their performance.
- Platforms for Prop Trading: Match Trader
- Participation cost: from $29
- Available capital for management: from $5,000
- Leverage Available up to 1:100
- Five Distinct Funding Programs Two Supplementary Features Expert Trading Dashboard Extensive Range of Trading Instruments including Forex Pairs, Commodities, Indices, and Cryptocurrencies
- Flexible Trading Schedule with No Minimum or Maximum Day Requirements
- Comprehensive Scaling Plan Initial Payout within 14 Days
- Bi-weekly Payouts
- Thereafter Profit Sharing from 80% to 90%
- Permission for Overnight and Weekend Positions
- News Trading Permitted
- Zero Commission Fees on Commodities, Indices, and Cryptocurrencies
Go to the Glow Node website >>>
Expert Advisors Suitable for this Prop Firm:
Glow Node Funding Programs
Glow Node is a proprietary trading company dedicated to helping traders achieve profitability by providing access to substantial capital. Recognizing a gap in the market, Glow Node offers traders the opportunity to collaborate with significant financial resources. Participants have the potential to earn substantial profits while managing account sizes up to $100,000 and benefiting from profit splits of up to 90%. These opportunities are facilitated through trading a diverse array of financial instruments, including forex pairs, commodities, indices, and cryptocurrencies, allowing traders to leverage a broad spectrum of markets to maximize their trading strategies.
Two-phase Glow Challenge
Glow Node rules:
Profit Target: Traders must attain specific profit percentages to successfully complete an evaluation phase, withdraw earnings, or scale up their trading account. The profit target is set at 8% for Phase 1 and 4% for Phase 2. Funded accounts are not subject to any predefined profit targets.
Maximum Daily Drawdown: Traders are limited to a maximum daily drawdown of 3% of the account balance, applicable across all account sizes, to prevent breaching the account.
Overall Maximum Drawdown: The cumulative loss limit is capped at 8% of the account balance for all account sizes, which, if exceeded, will result in account termination.
Prohibition on Martingale Strategy: Traders are expressly forbidden from employing any martingale strategies, which involve increasing trade sizes to recoup previous losses, to ensure disciplined and sustainable trading practices.
Participation cost:
- $5,000 - $29
- $10,000 - $49
- $25,000 - $99
- $50,000 - $159
- $100,000 - $249
Glow Node's Two-phase Glow Challenge provides traders with the opportunity to manage account sizes ranging from $5,000 to $100,000. The goal is to discover proficient traders who are profitable and adept at managing risk throughout the two-step evaluation process. The Two-phase Glow Challenge permits trading with leverage up to 1:30.
Phase One Evaluation:
- Profit Target: 8%
- Maximum Daily Drawdown: 3%
- Overall Maximum Drawdown: 8%
- Time Constraints: No minimum or maximum trading day requirements
- Objective: Achieve the 8% profit target without violating the maximum daily drawdown or overall maximum drawdown limits
Phase Two Evaluation:
- Profit Target: 4%
- Maximum Daily Drawdown: 3%
- Overall Maximum Drawdown: 8%
- Time Constraints: No minimum or maximum trading day requirements
- Objective: Achieve the 4% profit target without breaching the maximum daily drawdown or overall maximum drawdown limits
Upon successfully completing both evaluation phases, traders are awarded a funded account with no minimum withdrawal requirements. The key guidelines for funded accounts include:
- Maximum Daily Drawdown: 3%
- Overall Maximum Drawdown: 8%
Payouts:
- Initial Payout: 14 calendar days from the first trade on the funded account
- Subsequent Payouts: Bi-weekly
- Profit Split: Between 80% and 90%, based on the profit generated in the funded account
Glow Node's Two-phase Glow Challenge is structured to identify and reward talented traders, offering a lucrative profit-sharing model and significant opportunities for account growth.
The Two-phase Glow Challenge also incorporates a scaling plan to reward consistent profitability. If a trader maintains an average return of 10% over a three-month period, they become eligible for an account size increase equal to 30% of the initial account size. Additionally, the profit split increases to 90% after the trader successfully scales their account for the first time.
Example of Scaling:
- After 3 Months: A $100,000 account increases to $130,000.
- After the Next 3 Months: A $130,000 account increases to $160,000.
- After the Next 3 Months: A $160,000 account increases to $190,000.
And so forth...
This structured approach ensures that traders are continually rewarded for their performance, fostering growth and higher profit potential as they demonstrate consistent profitability.
Two-phase Beginner Challenge
Glow Node rules:
- Profit Target: Traders must attain a specified profit percentage to successfully complete an evaluation phase, withdraw earnings, or scale their trading account. The profit target for Phase 1 is set at 8%, while Phase 2 requires reaching a 4% profit target. Funded accounts do not have any predetermined profit targets.
- Maximum Daily Drawdown: The maximum permissible loss a trader can incur in a single trading day without breaching the account. All account sizes are subject to a maximum daily drawdown of 5%.
- Overall Maximum Drawdown: The cumulative loss limit a trader can incur without breaching the account. This limit is set at 8% for all account sizes.
- Prohibition on Martingale Strategy: Traders are expressly forbidden from using any form of martingale strategy, which involves increasing trade sizes to recover losses, ensuring disciplined and sustainable trading practices.
Participation cost:
- $5,000 - $49
- $10,000 - $109
- $25,000 - $209
- $50,000 - $369
- $100,000 - $549
Glow Node’s Two-phase Beginner Challenge offers traders the opportunity to manage account sizes ranging from $5,000 to $100,000. The goal is to identify skilled traders who are profitable and capable of managing risk effectively throughout the two-step evaluation process. The Two-phase Beginner Challenge allows trading with leverage up to 1:30.
Evaluation Phase One:
- Profit Target: 8%
- Maximum Daily Drawdown: 5%
- Overall Maximum Drawdown: 8%
- Time Constraints: No minimum or maximum trading day requirements
- Objective: Achieve the 8% profit target without breaching the maximum daily drawdown or overall maximum drawdown limits
Evaluation Phase Two:
- Profit Target: 4%
- Maximum Daily Drawdown: 5%
- Overall Maximum Drawdown: 8%
- Time Constraints: No minimum or maximum trading day requirements
- Objective: Reach the 4% profit target without violating the maximum daily drawdown or overall maximum drawdown limits
Upon successfully completing both evaluation phases, traders are granted a funded account with no minimum withdrawal requirements. The essential rules for funded accounts include:
- Maximum Daily Drawdown: 5%
- Overall Maximum Drawdown: 8%
Payout Structure:
- Initial Payout: 14 calendar days from the first trade in the funded account
- Subsequent Payouts: Bi-weekly
- Profit Share: Between 80% and 90%, based on the profit generated in the funded account
This framework is designed to identify and reward talented traders, offering a lucrative profit-sharing model and substantial opportunities for account growth.
The Two-phase Beginner Challenge also includes a robust scaling plan. If a trader maintains profitability over the last three months with an average return of 10% during this period, they become eligible for an account size increase equal to 30% of the initial account size. Additionally, the profit split increases to 90% after the trader successfully scales their account for the first time.
Example of Scaling:
- After 3 Months: A qualified $100,000 account increases to $130,000.
- After the Next 3 Months: A qualified $130,000 account increases to $160,000.
- After the Following 3 Months: A qualified $160,000 account increases to $190,000.
This progression continues as long as the trader meets the profitability criteria.
This structured scaling plan incentivizes consistent profitability and provides traders with significant opportunities to expand their trading capacity while enjoying enhanced profit-sharing benefits.
One-phase Glow Challenge
Glow Node rules:
- Profit Target: Traders must achieve a specified profit percentage to successfully complete the evaluation phase, withdraw earnings, or scale their trading account. The profit target for the evaluation phase is set at 10%. Funded accounts do not have predetermined profit targets.
- Maximum Daily Loss: This is the maximum amount a trader can lose in a single trading day without breaching the account. All account sizes have a maximum daily loss limit of 3%.
- Maximum Trailing Loss: This is calculated as the difference between the highest achieved account balance and the lowest point of the drawdown. Traders are allowed a maximum trailing loss of 10% across all account sizes. Breaching this limit will result in account termination.
- No Martingale Strategy: Traders are strictly prohibited from using any form of martingale strategy, which involves increasing trade sizes to recover losses, to ensure disciplined and sustainable trading practices.
Participation cost:
- $5,000 - $49
- $10,000 - $99
- $25,000 - $199
- $50,000 - $299
- $100,000 - $479
Glow Node’s One-phase Glow Challenge offers traders the chance to manage account sizes ranging from $5,000 to $100,000. The objective is to identify disciplined, profitable traders who can efficiently manage risk during a single evaluation period. The One-phase Glow Challenge permits trading with leverage up to 1:30.
Evaluation Phase:
- Profit Target: 8%
- Maximum Daily Loss: 3%
- Maximum Trailing Loss: 10%
- Time Limitations: No minimum or maximum trading day requirements
To achieve funded status, traders must reach the 8% profit target without breaching the maximum daily loss or maximum trailing loss limits.
Funded Account: Upon completing the evaluation phase, traders are awarded a funded account with no minimum withdrawal requirements. Key rules for the funded account include:
- Maximum Daily Loss: 3%
- Maximum Trailing Loss: 10%
Payouts:
- Initial Payout: 14 calendar days from the first trade on the funded account
- Subsequent Payouts: Bi-weekly
- Profit Split: Ranges from 80% to 90%, based on the profits generated in the funded account
This structure is designed to identify and reward talented traders, offering a lucrative profit-sharing model and substantial opportunities for account growth.
The One-phase Glow Challenge also includes a scaling plan designed to reward consistent profitability. If a trader maintains an average return of 10% over the past three months, they become eligible for an account size increase equal to 30% of the initial account size. Additionally, the profit split increases to 90% after the trader successfully scales their account for the first time.
Example of Scaling:
- After 3 Months: A qualified $100,000 account increases to $130,000.
- After the Next 3 Months: A qualified $130,000 account increases to $160,000.
- After the Following 3 Months: A qualified $160,000 account increases to $190,000.
This process continues as long as the trader meets the profitability criteria.
This structured scaling plan incentivizes traders to maintain consistent profitability and provides significant opportunities for account growth while enjoying enhanced profit-sharing benefits.
One-phase Standard Challenge
Glow Node rules:
Profit Target: Traders must achieve a specified profit percentage to successfully complete an evaluation phase, withdraw earnings, or scale their trading account. The profit target for the evaluation phase is set at 10%. Funded accounts do not have predetermined profit targets.
Maximum Daily Loss: The maximum allowable loss a trader can incur in a single trading day without breaching the account. All account sizes have a maximum daily loss limit of 4%.
Maximum Trailing Loss: This is determined by the difference between the highest achieved account balance and the lowest point of the drawdown. Traders must not exceed a maximum trailing loss of 10% for all account sizes.
No Martingale Strategy: Traders are strictly prohibited from using any form of martingale strategy, which involves increasing trade sizes to recover losses, to ensure disciplined and sustainable trading practices.
Participation cost:
- $5,000 - $69
- $10,000 - $149
- $25,000 - $299
- $50,000 - $399
- $100,000 - $599
Glow Node’s One-phase Standard Challenge offers traders the opportunity to manage account sizes ranging from $10,000 to $200,000. This program is designed to identify disciplined and profitable traders who can effectively manage risk during a one-step evaluation period. The One-phase Standard Challenge allows trading with leverage up to 1:30.
Evaluation Phase:
- Profit Target: 8%
- Maximum Daily Loss: 4%
- Maximum Trailing Loss: 10%
- Time Limitations: No minimum or maximum trading day requirements
To proceed to funded status, traders must reach the 8% profit target without breaching the maximum daily loss or maximum trailing loss limits.
Funded Account: Upon completing the evaluation phase, traders are awarded a funded account with no minimum withdrawal requirements. The key rules for the funded account include:
- Maximum Daily Loss: 4%
- Maximum Trailing Loss: 10%
Payouts:
- Initial Payout: 14 calendar days from the first trade on the funded account
- Subsequent Payouts: Bi-weekly
- Profit Split: 80% to 90%, based on the profits generated in the funded account
This structure is designed to reward proficient traders with a lucrative profit-sharing model and substantial opportunities for account growth.
Glow Node’s One-phase Standard Challenge also includes an attractive scaling plan. If a trader maintains profitability with an average return of 10% over the past three months, they become eligible for an account size increase equal to 30% of the initial account size. Additionally, the profit split increases to 90% after the trader successfully scales their account for the first time.
Example of Scaling:
- After 3 Months: A qualified $100,000 account increases to $130,000.
- After the Next 3 Months: A qualified $130,000 account increases to $160,000.
- After the Following 3 Months: A qualified $160,000 account increases to $190,000.
This scaling process continues as long as the trader meets the profitability criteria, providing significant opportunities for account growth and enhanced profit-sharing benefits.
The Best Prop Firm passed software are here:
Glow Node is a proprietary trading firm that was incorporated on April 9, 2022. They have a substantial community of traders who have achieved funded status and successfully qualify for profit splits.
- Payout Eligibility: Upon reaching funded status with any of Glow Node’s challenges—Two-phase Glow Challenge, Two-phase Standard Challenge, Two-phase Beginner Challenge, One-phase Glow Challenge, or One-phase Standard Challenge—traders become eligible to receive their first payout after 14 calendar days. Following the initial payout, traders are eligible for subsequent payouts every 14 calendar days, provided they exceed the initial account size. The profit split ranges from a generous 80% to 90%, depending on the profits generated on the funded account.
- Payment Proof: Glow Node's reliability is evidenced by numerous testimonials and payment proofs available online. For instance, on Trustpilot, traders share their experiences and confirm successful payouts. Additionally, Glow Node's Discord channel features numerous payout certificates and testimonials from the most successful traders, further validating the firm’s credibility and commitment to rewarding its traders.
Glow Node Review and Our opinion about this Prop Firm
In conclusion, Glow Node stands out as a reputable and reliable proprietary trading firm, offering traders an array of five distinct funding programs. These include the Two-phase Glow Challenge, Two-phase Standard Challenge, and Two-phase Beginner Challenge, all of which are two-step evaluations, as well as the One-phase Glow Challenge and One-phase Standard Challenge, which are single-step evaluations.
Two-phase Glow Challenge
Glow Node’s Two-phase Glow Challenge is an industry-standard evaluation that requires traders to complete two phases before qualifying for a funded account with profit splits ranging from 80% to 90%. Traders must achieve profit targets of 8% in phase one and 4% in phase two. These targets are realistic given the 3% maximum daily loss and 8% overall maximum loss rules. With no minimum or maximum trading day requirements, traders can progress at their own pace, free from time pressures. Additionally, the Two-phase Glow Challenge includes a scaling plan, allowing traders to increase their initial account balance.
Two-phase Standard Challenge
The Two-phase Standard Challenge follows a similar format, with traders needing to reach profit targets of 8% in phase one and 4% in phase two to earn profit splits between 80% and 90%. The evaluation is based on a 4% maximum daily loss and an 8% overall maximum loss. Like the Glow Challenge, there are no set trading day limits, providing flexibility. This challenge also features a scaling plan for account growth.
Two-phase Beginner Challenge
Designed for those newer to the trading scene, the Two-phase Beginner Challenge requires traders to hit profit targets of 8% in the first phase and 4% in the second phase to access profit splits of 80% to 90%. With a 5% maximum daily loss and an 8% overall maximum loss, this challenge maintains realistic trading goals. There are no trading day restrictions, allowing traders to advance at their preferred pace. The included scaling plan further enhances growth opportunities.
One-phase Glow Challenge
For traders seeking a quicker path to funding, the One-phase Glow Challenge requires reaching an 8% profit target in a single evaluation phase. With a 3% maximum daily loss and a 10% maximum trailing loss, this challenge balances ambition with risk management. There are no trading day constraints, offering complete flexibility. This challenge also features a scaling plan to boost account size and profit potential.
One-phase Standard Challenge
Similar to the Glow Challenge, the One-phase Standard Challenge requires an 8% profit target in one evaluation phase. The rules include a 4% maximum daily loss and a 10% maximum trailing loss, ensuring disciplined risk management. Traders can operate without trading day limits, and a scaling plan is available to facilitate account expansion and higher profit splits of up to 90%.
Recommendation
Glow Node is highly recommended for traders seeking a distinguished proprietary trading firm that caters to a wide range of trading styles and needs. With features such as unlimited trading periods, no minimum trading day requirements, optional add-ons, initial withdrawals after just 14 calendar days, and bi-weekly future payouts, Glow Node offers exceptional trading conditions. Considering the comprehensive benefits and opportunities provided, Glow Node is a top choice in the prop trading industry.
