The Concept Trading Review
So let's begin our The Concept Trading Review. This Prop Firm specializes in proprietary trading services, offering funding to traders for derivatives transactions. The firm provides access to various financial instruments, including fiat and cryptocurrencies, indices, stocks, options, and commodities, with leverage available up to 1:200. Traders who meet profit targets and comply with company rules can receive accounts funded between $1,125 and $20,000,000. In August 2021, Concept Trading obtained a license from the ASIC (Australian Securities and Investments Commission), which remains active. The company also has offices in the UK and Indonesia and provides funding to traders globally, with the exception of residents from North Korea and Iran.
- Automated trading (Expert Advisors) - YES
- Platform for trading - MetaTrader 4, MetaTrader 5
- Leverage - up to 1:200
- Participation cost - from $110
- Weekend holding positions - allowed
- Grid and martingale trading - allowed
- Stop-loss Required - No
Go to The Concept Trading website >>>
Expert Advisors Suitable for this Prop Firm:
The Concept Trading Programs
Clients of Concept Trading can trade with leverage up to 1:200, but the company enforces strict adherence to risk management protocols. Clients generating significant trading volume are mandated to employ stop-loss orders and are prohibited from allocating more than 1% of their total account balance to a single trade. Violations of these rules, such as exceeding the maximum permitted drawdown level, result in the immediate closure of the trader's account without any option for reinstatement. Additionally, each client is allowed to operate up to three trading accounts concurrently.
Traditional The Concept Trading Program
The Concept Trading Program rules:
Profit Target – 6% - you need to reach this point of profitability in order for the Prop Firm to start giving you part of the profit.
Maximum Daily Loss – you have no right to exceed 4% of this maximum drawdown level, otherwise the entire process of scaling capital and receiving part of the earned profit will stop.
Trading during news is allowed
It is not necessary to use Stop Loss
Use of grid and martingale is allowed
Use of expert advisors is allowed
- Leverage 1:200
Participation cost:
- $1,000 - $110
- $1,500 - $170
- $2,000 - $220
- $2,500 - $275
Possibility of scaling the size of trading capital up to $1.5 million.
Premier The Concept Trading Program
The Concept Trading Program rules:
Profit Target – 10%: To qualify for a share of the profits, traders must achieve this level of profitability. Once this threshold is reached, the Prop Firm will begin distributing a portion of the profits to the trader.
Maximum Daily Loss – Traders are not permitted to exceed a loss of 5% of their maximum allowable drawdown in a day. Breaching this limit halts both the capital scaling process and the distribution of any earned profits.
Trading during news events is permitted.
The use of Stop Loss orders is optional.
Traders are allowed to employ grid and martingale trading strategies.
The use of expert advisors (automated trading systems) is permitted.
- Leverage 1:200
Participation cost:
- $3,000 - $330
- $5,000 - $550
- $10,000 - $1100
- $25,000 - $2750
Possibility of scaling the size of trading capital up to $10 million.
Empire The Concept Trading Program
The Concept Trading Program rules:
Profit Target – 10%: Traders need to achieve this level of profitability to qualify for a share of the profits. Once this target is met, the Prop Firm will start distributing a portion of the profits to the trader.
Maximum Daily Loss – Traders cannot exceed a 10% loss of their maximum allowable drawdown in a single day. If this threshold is crossed, it will stop both the capital scaling process and the distribution of any profits earned.
Trading during news events is allowed.
The use of Stop Loss orders is optional.
Traders may use grid and martingale trading strategies.
The use of expert advisors (automated trading systems) is also permitted.
- Leverage 1:200
Participation cost:
- $10,000 - $997
- $25,000 - $2,497
- $50,000 - $4,997
- $100,000 - $9,997
- $200,000 - $19,997
Possibility of scaling the size of trading capital up to $20 million.
Xtreme The Concept Trading Program
The Concept Trading Program rules:
Profit Target – 6%: To be eligible for a share of the profits, traders must achieve this 6% profitability threshold. Once reached, the Prop Firm will begin distributing a portion of the profits to the trader.
Maximum Daily Loss – Traders are restricted from exceeding a 3% loss of their maximum allowable drawdown within a single day. Surpassing this limit will halt both the process of capital scaling and the distribution of any accrued profits.
Trading during news events is permitted.
The use of Stop Loss orders is optional, giving traders flexibility in managing risk.
Traders are allowed to implement grid and martingale strategies.
Use of expert advisors (automated trading systems) is allowed.
Leverage is set at a maximum of 1:30, balancing risk and potential returns.
Participation cost:
- $10,000 - $300
- $20,000 - $600
- $50,000 - $2,000
- $100,000 - $5,000
Possibility of scaling the size of trading capital up to $50 million.
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The Concept Trading Review and Our opinion about this Prop Firm
At the end of our The Concept Trading Review, we note several factors that should draw your attention to this Prop Firm:
- This Prop company is licensed by the Australian regulator ASIC, which means that the activities of this company are controlled and the company will be punished for violating financial rights. You can rest assured that The Concept Trading will follow all the agreed rules flawlessly and, accordingly, will make payments without delay.
- This company supports trading on MT4 and MT5 platforms. This means that here you can use expert advisors without problems.
- Trading using grids and martingales is allowed - this adds opportunities for quickly achieving results.
- Don't be put off by the high cost of participation fees in this prop company. This means that this company actually pays traders a reward!
- A leverage of 1:200 will allow you to fully manage the capital in your account.
There are no restrictions on trading during news or transferring trading positions through the weekend. So you won’t have problems - what to do if your transactions are not closed.
Concluding our Concept Trading Review, we can confidently say that this company is worthy of you registering and achieving a good profitable result!
