Trade the Pool Account Types and Differences

Aspiring traders can choose from a variety of trade the pool account types and differences, a proprietary trading firm that caters to different financial capacities and trading ability levels. Gil Ben Hur founded the firm, which offers stock and ETF traders a full trading platform along with creative funding options. This article examines trade the pool account types and differences.

Types of Accounts and Buying Power Options

Trade The Pool offers four different account types, each designed to meet different trader needs:

1. Mini Buying Power Account: 

• Buying Power: $20,000
• Initial Fee: $97

Features: 

• Perfect for novices
• 45-day trading period 
• 50/50 profit split
• A minimum of thirty trades are necessary.
• $300 is the daily loss cap.
• Goal for profit: $1,800

2. Super Buying Power Account 

• Buying Power: $80,000 
• Initial Fee: $300 is the initial fee.

Features:

• Made for traders in the intermediate level
• Increased potential for profit
• Flexible trading conditions
• $700 is the daily loss cap.

3. Extra Buying Power Account 

• Buying Power: $160,000
• Initial Fee: $475

Features:

• 70/30 profit split
• Daily Pause Allowance: $1,300
• Maximum Loss: $3,900
• A minimum of 20 positions is required.
• 45-day trading period.

4. Ultimate Buying Power Account 

• Buying Power: $260,000.
• Initial Fee: $1,240. 

Features:

• Maximum potential profit
• The most advantageous profit split
• Made for seasoned traders
• Maximum flexibility

Structure Trading Programs

Evaluation Process

• Single-phase challenge model
• One-step evaluation to receive funding
• 45-day trading period for most account types
• Each account type has different minimum trading criteria.

Unique Features of the Platform

Platform for Trader Evolution

• Proprietary trading platform

Advanced features including;

• Scaler window
• Super DOM 
• Market depth
• Advanced scanners 

Additional Resources for Trading

• More than 12,000 stocks and ETFs are available.
• 14-day free trial

Among the third-party trading tools were:

• Trade Ideas
• StockTraders Daily
• TrendSpider
• BookMap
• TraderSync 

Payout and Withdrawal Conditions

• Every 14 days, withdrawals are permitted.
• Profit divisions between 50/50 and 80/20
• The minimum withdrawal amount is determined by making a profit equal to the daily loss.

Comparative Benefits

Advantages:

• Minimal initial participation cost of $97
• Flexible trading techniques
• All-inclusive educational materials
• Round-the-clock technical assistance
• No limitations on Pattern Day Traders (PDTs)

Cons:

• Initial charge that is non-refundable
• Exorbitant trading fees
• There may be regional limitations.

Trading Conditions

• Limitless purchasing power
• The daily loss cap varies depending on the type of account.
• 60 seconds is the minimum trade duration.
• Ten cents is the minimum profit per share.
• Rule of consistency: No one position can account for more than 30% of the target profit.

Conclusion

In conclusion, trade the pool account types and differences accommodate traders at various phases of their trading career, it provides a strong and adaptable sponsored trading program. Traders can choose a program that fits their abilities, background, and financial objectives, ranging from the entry-level Mini Buying Power account to the all-inclusive Ultimate Buying Power choice.

The firm is a desirable choice for both novice and seasoned traders wishing to use professional trading capital because of its dedication to provide cutting-edge trading tools, extensive support, and a variety of funding options. 

Frequently Asked Questions

1. What Is The Cost For Each Account Type On Trade The Pool?

• Mini Buying Power: $97
• Super Buying Power: $300
• Extra Buying Power: $475
• Ultimate Buying Power: $1,240

2. How Does The Profit Split In Trade The Pool Work?

• Mini Buying Power: 50/50 split
• Super Buying Power: 70/30 split
• Ultimate Buying Power: Up to 80/20 split

3. Are There Any Withdrawal Restrictions In Trade The Pool?

• Minimum withdrawal period: 14 days
• Withdrawal eligibility based on achieving profit equivalent to daily loss
• Minimum of 3 profitable days required (0.5% of buying power)