The Trading Pit
The Trading Pit is a multi-asset prop firm offering simulated CFD, futures and stocks challenges. For crypto traders its main benefit is that it supports both crypto CFDs and crypto futures, making it the best crypto futures prop firm we have reviewed so far, with a score of 82/100. Alongside 11 crypto CFDs you can trade Micro Bitcoin and Micro Ethereum futures, a stronger crypto angle than most prop firms, though the score is held back by account-specific rules, split platform access, regional restrictions and different payout terms across CFD and futures routes.
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Overview of The Trading Pit
The Trading Pit is a multi-asset prop firm that offers simulated trading challenges across CFDs, futures and stocks. For crypto traders, its main point of difference is that it gives access to both crypto CFDs and crypto futures, rather than only offering crypto CFDs for prop funded trading.
The crypto CFD route lists 11 markets, including BTC/USD, ETH/USD, LTC/USD and XRP/USD, with crypto leverage listed at 1:2. This route is tied to the CFD challenge setup, with cTrader being the main Prime CFD trading platform.
The crypto futures route has fewer markets, but is more specialised. The Trading Pit offers Micro Bitcoin and Micro Ethereum futures, with futures platforms including NinjaTrader, Tradovate, TradingView, Rithmic, Quantower, ATAS, Volsys and R/Trader, depending on the account route and data connection.
This makes The Trading Pit more useful for crypto traders if you want structured futures-style exposure rather than simply the biggest crypto CFD list. Crypto futures traders get contract specs, tick values, exchange-style sessions and specialist platforms, while CFD traders get a wider crypto pair list and weekend crypto trading on select platforms.
The main drawback is complexity, because the different CFD and futures routes have different fees, platforms, payout rules, drawdown models, holding rules and regional restrictions, meaning it scores 82/100 rather than sitting with the higher-ranked crypto prop firms.
Pros
- Crypto futures available through Micro Bitcoin and Micro Ethereum
- 11 crypto CFDs listed including BTC, ETH, LTC and XRP
- Strong futures platform range (NinjaTrader, Tradovate, Rithmic and more)
- cTrader available for Prime CFDs
- 80% profit split on the main CFD and Futures Prime routes
- No crypto wallet needed for trading
Cons
- CFD and futures routes are separate, with different rules
- Only two crypto futures markets
- Rules vary by account type
- Futures data upgrades can cost extra
- Futures Prime has payout caps and no fee refund
- Not a regulated crypto broker or exchange, and regional access can vary
Crypto Trading Fees
The Trading Pit's crypto pricing depends on the route you choose. Crypto CFDs use challenge fees, spreads, commission and possible overnight costs. Crypto futures use challenge fees, contract commissions, platform and data costs, and optional reset or extension fees.
CFD Challenge Fees
The Trading Pit's CFD challenges start from $49. The 1 Phase CFD challenge runs from $49 on the $5000 account up to $1139 on the $200000 account. The 2 Phase CFD challenge also starts from $49 and goes up to $569 on the $100000 account. There is no monthly subscription fee, so the main fixed cost is the one-time entry fee unless you later use paid extras such as a reset or extension.
| CFD Challenge | Lowest Account | Lowest Fee | Highest Account | Highest Fee |
|---|---|---|---|---|
| 1 Phase CFD | $5000 | $49 | $200000 | $1139 |
| 2 Phase CFD | $5000 | $49 | $100000 | $569 |
CFD Spreads and Commission
CFD trading costs are based on three main parts: the crypto spread, a 0.20% commission, and any swap costs for positions held overnight. The spread varies by pair, so crypto CFD traders should not judge cost from the challenge fee alone.
| Symbol | Description | Spread From | Commission |
|---|---|---|---|
| ADA/USD | Cardano vs US Dollar | 1 | 0.20% |
| BCH/USD | Bitcoin Cash vs US Dollar | 80 | 0.20% |
| BTC/USD | Bitcoin vs US Dollar | 100 | 0.20% |
| DOG/USD | Dogecoin vs US Dollar | 10 | 0.20% |
| DOT/USD | Polkadot vs US Dollar | 1 | 0.20% |
| EOS/USD | EOS vs US Dollar | 50 | 0.20% |
| ETH/USD | Ethereum vs US Dollar | 8 | 0.20% |
| LNK/USD | Chainlink vs US Dollar | 3 | 0.20% |
| LTC/USD | Litecoin vs US Dollar | 1 | 0.20% |
| XLM/USD | Stellar vs US Dollar | 10 | 0.20% |
| XRP/USD | XRP vs US Dollar | 1 | 0.20% |
The full CFD cost includes the upfront challenge fee, the crypto CFD spread, the 0.20% commission, Friday 3-day swaps, possible overnight costs, and any slippage during fast crypto moves.
Futures Prime Pricing
The main crypto futures route is Futures Prime. It has three account sizes, each with a single-phase 30-day challenge and an 80% profit share. The activation fee is currently $0, but reset and extension fees are still separate costs, and Futures Prime does not refund the challenge fee.
| Futures Prime Account | Challenge Fee | Profit Share | Reset Fee | Extension Fee |
|---|---|---|---|---|
| $50000 | $99 | 80% | $79 | $99 |
| $100000 | $189 | 80% | $149 | $189 |
| $150000 | $289 | 80% | $229 | $289 |
Crypto Futures Trading Costs
The Trading Pit lists two crypto futures markets, Micro Bitcoin and Micro Ethereum, which use contract-style pricing. A futures commission should not be compared directly with a CFD spread, because CFDs are priced through spread, commission and possible overnight costs while futures use contract specs, tick values, platform routing and market data access.
| Market | Code | Tick Size | Tick Value | Contract Size | Commission |
|---|---|---|---|---|---|
| Micro Bitcoin | MBT | 5 | $0.50 | 0.1 bitcoin | $0.50 |
| Micro Ethereum | MET | 0.5 | $0.05 | 0.1 ether | $0.20 |
Market data is the main extra cost crypto futures traders need to understand. The Trading Pit covers Level 1 Top of Book data from the Chicago-based futures exchange, but deeper and Level 2 data cost more, and these upgrades expire at the end of each calendar month.
| Market Data Package | Cost |
|---|---|
| Level 1 Top of Book (Chicago exchange) | Included |
| Level 1 Top of Book (all US exchanges) | $12 per month |
| Level 2 Market Depth (main Chicago exchange) | $16 per month |
| Level 2 Market Depth (all US exchanges) | $41 per month |
| European Derivatives Exchange | €25 per month |
Crypto Markets
The Trading Pit's strongest crypto angle is futures access. A lot of prop firms that list crypto only offer simulated crypto CFDs, while The Trading Pit gives you access to both crypto CFDs and crypto futures, depending on the route selected.
The crypto CFD list includes 11 markets covering Bitcoin, Ethereum, Litecoin, XRP, Bitcoin Cash, Cardano, Polkadot, EOS, Dogecoin, Chainlink and Stellar exposure, but Solana is not available. The crypto futures list includes two markets, Micro Bitcoin and Micro Ethereum, structured as futures contracts with defined tick sizes, tick values and contract sizes. Both routes are still traded inside The Trading Pit's simulated prop environment, not as a live brokerage account funded in your own name.
Crypto Futures Available
| Market | Contract Type | Min Size | Max Buying Power |
|---|---|---|---|
| Micro Bitcoin | Simulated micro futures | 1 micro contract | Up to 50 / 100 / 150 micros by account size |
| Micro Ethereum | Simulated micro futures | 1 micro contract | Up to 50 / 100 / 150 micros by account size |
The Trading Pit supports a wide range of futures platforms for crypto prop trading, including NinjaTrader, Tradovate, TradingView, Rithmic, Quantower, ATAS, Volsys and R/Trader. Futures Prime does not allow overnight holding and force-closes positions five minutes before market close, while Futures Classic allows overnight holding but not weekend holding, an important difference from crypto CFDs where weekend trading is available on select platforms.
Crypto CFDs Available
| Crypto Pair | Description | Product Type | Leverage |
|---|---|---|---|
| ADA/USD | Cardano vs US Dollar | Crypto CFD | 1:2 |
| BCH/USD | Bitcoin Cash vs US Dollar | Crypto CFD | 1:2 |
| BTC/USD | Bitcoin vs US Dollar | Crypto CFD | 1:2 |
| DOG/USD | Dogecoin vs US Dollar | Crypto CFD | 1:2 |
| DOT/USD | Polkadot vs US Dollar | Crypto CFD | 1:2 |
| EOS/USD | EOS vs US Dollar | Crypto CFD | 1:2 |
| ETH/USD | Ethereum vs US Dollar | Crypto CFD | 1:2 |
| LNK/USD | Chainlink vs US Dollar | Crypto CFD | 1:2 |
| LTC/USD | Litecoin vs US Dollar | Crypto CFD | 1:2 |
| XLM/USD | Stellar vs US Dollar | Crypto CFD | 1:2 |
| XRP/USD | XRP vs US Dollar | Crypto CFD | 1:2 |
This is a solid crypto CFD list for major and mid-cap exposure, but it is not as deep as crypto-first CFD prop firms with larger altcoin lists. The Trading Pit's market score is built on the combination of CFD crypto plus access to Micro Bitcoin and Micro Ethereum futures, not on the largest crypto CFD range.
Crypto Futures vs Crypto CFDs
Crypto futures track futures contract prices, with contract specs, tick sizes, tick values, session times and market data requirements. Crypto CFDs track the price movement of the underlying pair, are quoted as pairs such as BTC/USD, use CFD-style leverage of 1:2, and are priced through spread and commission. Neither route requires a crypto wallet for trading because the account is a simulated prop trading account.
The practical difference is structure. Futures suit contract-style trading with defined tick values and futures platforms, while CFDs suit a wider crypto pair list and a simpler pair-based setup. The two models have different trading hours, costs, margin logic and rules, so they should not be compared like-for-like.
Trading Platforms and Tools
The Trading Pit scores well for platforms because its futures setup gives access to specialist tools like NinjaTrader, Tradovate, Rithmic, Quantower and ATAS. The trade-off is that crypto futures and crypto CFDs are split across different account routes, so you need to choose the right challenge type before you buy.
| Crypto Route | Account Type | Main Platforms Available |
|---|---|---|
| Crypto CFDs | CFD Challenges / Prime CFDs | cTrader is the main CFD platform |
| Crypto Futures | Futures Challenges / Futures Prime | NinjaTrader / Tradovate / TradingView / Rithmic / Quantower / ATAS / Volsys / R Trader by route and data connection |
The Trading Pit dashboard is also part of the platform setup: you use it to monitor realised and unrealised balances, view drawdown limits, download platforms, track traded instruments and check account status. That matters in a prop account because the platform helps you stay inside the account rules.
Futures Platform Setup
The futures platform range is the strongest part of The Trading Pit's platform score. Crypto futures traders are not limited to one basic terminal.
| Platform / Tool | Use Case | Main Notes |
|---|---|---|
| Tradovate | Futures Prime | Cloud-style futures platform with charts / order management and risk settings |
| NinjaTrader | Futures Prime | Stronger charting tools and futures workflow |
| TradingView | Futures Prime via Tradovate | Useful for charting but Basic plan may show delayed updates |
| Rithmic / R Trader Pro | Futures challenges | Supports order book trading and plugin access |
| Quantower | Futures challenges | Connects through the Rithmic / R Trader setup |
| ATAS | Futures challenges | Useful for order flow / DOM and chart trading |
| Volsys | Futures challenges | Listed as supported in the futures platform FAQ |
Market data upgrades expire at the end of each calendar month, so you should check your data needs before selecting a futures platform. There is also a TradingView limitation: on the Basic plan it may refresh once every five seconds through Tradovate, and in fast crypto futures markets that delay can affect what you see on the chart.
CFD Platform Setup
The CFD side is simpler, with just cTrader, operated by Spotware and with liquidity and execution supplied by Tickmill.
| CFD Platform Area | Detail |
|---|---|
| Main named platform | cTrader for Prime CFDs |
| Access | Web / desktop and mobile (iOS and Android) |
| Order types | Market / limit and stop orders |
| Risk tools | Stop-loss and take-profit management |
| Account monitoring | Trading Pit dashboard for balances / drawdown limits and breach reasons |
| Crypto availability | Crypto CFDs with weekend crypto trading on select platforms from 7 July 2025 |
Stop-loss and take-profit orders are not guaranteed to execute at the exact requested price during volatile markets, and pending orders are filled at the first available market price, so slippage can happen. Compared with the futures setup, the CFD route is easier to use but less specialised, and cTrader does not offer the same order-flow depth as ATAS, Rithmic, NinjaTrader or Tradovate.
Automation and Copy Trading
The Trading Pit allows automation and copy trading in some cases, but the rules are strict, and platform support does not mean every automated strategy is allowed.
- Expert Advisors are allowed if compliant, but must not use prohibited strategies such as latency arbitrage, reverse arbitrage, hedge arbitrage, emulators or HFT
- VPS use is allowed, but must not hide account sharing or coordinated trading
- CFD copy trading is allowed between your own accounts, but copying another person or unrelated account is not
- Futures copy trading is allowed up to 5 accounts; copying the same strategy across more than 5 can lead to denied upgrades
- Copying between Futures Challenge and Futures Earning accounts is prohibited
- Third-party signal copying, grid, martingale, and HFT / latency trading are all prohibited
Safety and Availability
The Trading Pit should be reviewed as a prop firm, not as a regulated crypto broker or crypto exchange. You buy access to simulated challenges, trade demo accounts with virtual funds, and only receive payouts if you pass the challenge rules and the payout review process.
The operating entity is The Trading Pit Challenge GmbH, based in Vaduz, Liechtenstein. The group structure also includes The Trading Pit AG, The Trading Pit Champions GmbH and The Trading Pit Limited. The Trading Pit is majority owned by Pinorena Capital, a fintech-focused private equity firm founded by Illimar Mattus, whose portfolio includes regulated brokers Tickmill and Darwinex. That explains the platform and broker-infrastructure side of the business, but it does not mean you are opening a regulated broker account in your own name when buying a Trading Pit challenge.
All accounts are demo accounts with virtual funds. The Trading Pit states that trading takes place in a simulated environment and that the services are not investment services or advice, and after you pass a challenge, entry into the Earning phase requires a Signal Provider Agreement. The main risks are the challenge fee, rule breaches, payout approval, account termination, restricted jurisdictions and product availability by country.
Is The Trading Pit Regulated?
The Trading Pit is not a regulated crypto broker or crypto exchange, because its prop trading challenges use simulated accounts rather than live client trading accounts. The main challenge entity is The Trading Pit Challenge GmbH in Liechtenstein. The wider group also includes TTP Markets, a separate Seychelles-regulated brokerage arm, but this does not mean every Trading Pit challenge account receives broker-style client money protections.
Regional Availability
The Trading Pit does not offer the same products in every country, and some futures market data providers may also be restricted by country. The Client Area only shows the products available for the trader's country of residence.
| Region | CFD Access | Futures Access | Notes |
|---|---|---|---|
| United States | Yes | Yes | Accepts US prop traders but challenge types and data providers vary |
| United Kingdom | Yes | Yes | Availability may depend on challenge type and data provider |
| European Union | Yes | Yes | Most EU countries allowed but some restricted for futures (e.g. Albania / Belarus) |
| Australia | Yes | Yes | Availability may depend on challenge type and data provider |
| Canada | No | Yes | CFDs are not offered to Canadian residents |
The Trading Pit is unable to provide any service to residents of Burundi, Cuba, Iran, North Korea, South Sudan, Sudan and Syria. Futures trading has a separate, longer restricted-country list covering Afghanistan, Albania, Belarus, Burkina Faso, Chad, Congo and others, and these restrictions can change with regulation and market data licensing rules.
Funding and Withdrawals
The Trading Pit's funding section is mainly about challenge payments and prop firm payouts, not crypto wallet deposits. You pay a one-time challenge fee, trade in a simulated account, and can only request payouts after reaching the Earning phase and meeting the relevant rules.
Payment Methods
- Credit and debit cards
- Apple Pay and Google Pay
- Crypto payment and Binance Pay
- Skrill and Neteller
- PayPal
- Online bank transfer where available by region
Challenge purchases are processed instantly once payment is approved, with account access usually provided within 15 minutes. Payouts currently support bank wire transfers and crypto. KYC is not required to take a challenge, but it is required at the payout stage before you can withdraw profits.
Profit Split and Payout Timing
The Trading Pit uses different payout rules across CFD, Futures Prime and Classic routes, so crypto CFD payouts and crypto futures payouts do not work under one single rule set.
| Account Route | Profit Split | First Payout | Frequency | Minimum |
|---|---|---|---|---|
| CFD 1 Phase / 2 Phase | 80% | After the Earning phase and reward conditions | Every 14 days | $100 |
| CFD Prime | 80% | 14 days after the Earning account if conditions met | Every 14 days | $100 |
| Futures Prime | 80% | After winning-day and profit conditions | On meeting reward conditions | Capped at lower of $5000 or 50% of realised profit |
| Classic CFDs / Classic Futures | Varies by scaling level | After the Earning profit target | Monday to Friday | Varies by route |
For CFD Prime, withdrawals can be made every 14 days with a $100 minimum, after 3 profitable trading days each generating at least 0.5% of the initial balance. Futures Prime is stricter: you need 5 winning trading days each generating at least $200 profit, and the withdrawal is capped at the lower of $5000 or 50% of realised profit.
| Payout Method | Processing Time |
|---|---|
| Crypto transfer | Within the day |
| SEPA transfer | 1 to 3 business days |
| International wire / SWIFT | 5 to 7 business days |
There is a 1% payout fee deducted from your final profit share amount, and crypto payout details need care because you must select the correct network, as crypto transactions cannot be reversed if sent to the wrong address.
Refund Policy
| Refund Type | Rule |
|---|---|
| Change of mind after purchase | Refund within 14 days if there has been no trading activity |
| Early cancellation / failed challenge / rule breach | No refund |
| Fee refunds | Challenge fee refund after the 3rd approved payout |
| Futures Prime | No challenge fee refund |
Account Scaling
CFD Prime, Futures Prime and Classic models scale differently. CFD Prime increases the account balance by 25% once you meet the scaling conditions (active for at least 2 months, at least 2 payouts and 10% total profit). Futures Prime instead adjusts buying power daily at 16:00 CT based on end-of-day profit, while Futures Classic is level-based, moving you to a higher tier each time you hit a target and take a payout.
Risk and Trading Rules
The Trading Pit's rules need to be separated by account type, because crypto futures and crypto CFDs do not share the same limits. Crypto CFDs sit under the CFD challenge rules, while crypto futures sit under the Futures Prime or Futures Classic rules.
| Rule Area | Crypto CFD Route | Crypto Futures Route |
|---|---|---|
| Account type | CFD 1 Phase / 2 Phase / Prime | Futures Prime / Futures Classic |
| Crypto markets | 11 crypto CFDs | Micro Bitcoin and Micro Ethereum |
| Trading model | Simulated CFDs | Simulated futures |
| Leverage / size | Crypto leverage 1:2 | Contract limits by account size |
| Time limit | Unlimited days (subject to inactivity) | 30 / 60 / 90 calendar-day limits (Prime is 30) |
| Weekend crypto | Available on select platforms from 7 July 2025 | Follows futures exchange sessions |
| Main rule risk | Drawdown / margin use / risk per idea / news limits on larger accounts | Daily pause / max drawdown / contract limits / consistency / holding rules |
Crypto Futures Rules
- Futures Prime is a single-phase challenge; challenges can run 30, 60 or 90 calendar days (Prime is 30), and calendar days include weekends and holidays
- Profit targets are $3,000 on $50K, $6,000 on $100K and $9,000 on $150K accounts, fixed in dollar terms
- Daily pause is $1,000, $2,000 or $3,000 by account size, and max drawdown is $2,000, $3,000 or $4,500 by account size
- Futures Prime max drawdown trails on end-of-day balance and stops once it reaches the starting balance; Futures Classic trails on highest balance
- Both require 3 unique trading days, and holding an overnight position does not count as a new trading day
- A 40% consistency rule applies in the challenge phase; if one day exceeds 40% of the target, the excess is added to the target
- Futures Prime allows news trading; Futures Classic prohibits trades within 2 minutes before or after high-impact news
- Futures Prime does not allow overnight holding (positions force-closed 5 minutes before close); Futures Classic allows overnight but not weekend holding
- Contract limits are 5 standard / 50 micros on $50K, 10 standard / 100 micros on $100K, and 15 standard / 150 micros on $150K
- 21 consecutive days without a trade leads to breach; HFT, latency arbitrage, gap trading and micro-scalping are prohibited
Crypto CFD Rules
- 1 Phase target is 10%; 2 Phase targets are 10% in Phase 1 and 5% in Phase 2
- Daily drawdown is 3% on the 1 Phase and 5% on the 2 Phase challenge
- Max drawdown is 6% static on the 1 Phase and 10% static on the 2 Phase; selected accounts bought on or after 29 April 2026 can use end-of-day trailing
- CFD Prime needs 3 profitable trading days; CFD Classic needs 5 unique trading days; days are unlimited but the 21-day inactivity rule applies
- Crypto CFDs are listed with 1:2 leverage
- Maximum margin use is 40% of the initial balance (reminder at 30%) and maximum risk per trade idea is 1.5% (reminder at 1%), grouped by idea
- CFD accounts allow overnight and weekend holding, with weekend crypto trading on select platforms from 7 July 2025
- News trading is allowed on smaller accounts, but $100K and $200K CFD accounts restrict opening trades 2 minutes before or after high-impact news
- CFD Prime allows scalping under 1 minute (HFT still prohibited); CFD Classic requires trades open at least 1 minute
- Grid, martingale, HFT, latency arbitrage, gap trading, external feed abuse and coordinated trading are prohibited
Why The Trading Pit Scored 82/100
The Trading Pit scored 82/100 because it gives crypto traders access to futures as well as CFD-style crypto markets, but it is more account-specific than the higher-ranked crypto prop firms. Its strongest category is Markets, where Micro Bitcoin and Micro Ethereum futures lift it above CFD-only prop firms. The limits come from its split platform setup, separate CFD and futures fee models, different rule sets by account type, and the fact it should still be assessed as a simulated prop firm rather than a regulated crypto broker or exchange.
The Trading Pit scores above lower-ranked crypto prop firms because it gives you more than one way to trade crypto. CFD traders can access 11 crypto pairs, while futures traders can trade Micro Bitcoin and Micro Ethereum through a futures challenge route, and it has a stronger futures platform stack than most crypto-focused prop firms.
It sits below FXIFY, DNA Funded and BrightFunded because the offer is less simple. FXIFY has dedicated crypto account routes, higher major-coin crypto leverage and a clearer crypto-first structure, and DNA Funded has a much larger crypto CFD list across multiple challenge types. The Trading Pit's score is held back by its separate CFD and futures rules, platform-specific access, paid futures data add-ons, refund differences, payout conditions, and the need to check product availability by country and account route.
| Category | Score | Why it scored this way |
|---|---|---|
| Fees | 8/10 | Competitive CFD and futures pricing but separate fee models to compare across spreads / commission / data / reset and refund rules |
| Platforms | 8/10 | Specialist futures tools (NinjaTrader / Tradovate / Rithmic / ATAS) but CFDs and futures sit under different routes with variable data access |
| Funding | 8/10 | 80% split on main routes with bank and crypto payouts but payout caps / route-specific rules / a 1% fee and uneven refunds |
| Markets | 9/10 | Both crypto CFDs and Micro Bitcoin / Micro Ethereum futures but only two futures markets and 11 CFD pairs |
| Safety | 8/10 | Visible entity / group structure / Pinorena backing and a Seychelles-regulated arm but challenges are simulated not regulated accounts |
| Rules | 8/10 | Manageable once read but CFD and futures routes use different drawdown / trading-day / holding / consistency and news rules |
FAQs
Is The Trading Pit good for crypto prop trading?
The Trading Pit can be a good crypto prop trading option if you specifically want crypto futures access as well as crypto CFDs. Its main crypto edge is that you can access Micro Bitcoin and Micro Ethereum futures, while the CFD route lists 11 crypto pairs. It is less simple than a crypto-only prop firm because CFDs and futures use different platforms, fees, drawdown rules and payout conditions.
Can I trade crypto futures with The Trading Pit?
Yes, The Trading Pit lists crypto futures through Micro Bitcoin and Micro Ethereum in its futures challenge route. These are simulated futures contracts with exchange-style specs, tick values, session times and contract limits. Futures platforms may include NinjaTrader, Tradovate, TradingView, Rithmic, Quantower, ATAS, Volsys and R/Trader, depending on the futures account, data connection and platform selected before purchase.
Can I trade crypto CFDs with The Trading Pit?
Yes, The Trading Pit lists 11 crypto CFDs through its CFD challenge route. The crypto CFDs include ADA/USD, BCH/USD, BTC/USD, DOG/USD, DOT/USD, EOS/USD, ETH/USD, LNK/USD, LTC/USD, XLM/USD and XRP/USD. Crypto CFD leverage is listed at 1:2 on cTrader, with weekend crypto prop trading available on select platforms.
Does The Trading Pit require a crypto wallet?
No, The Trading Pit does not require a crypto wallet to trade crypto CFDs or crypto futures because the accounts are simulated prop trading accounts. You are not buying, holding or withdrawing the underlying coin when trading BTC/USD CFDs or Micro Bitcoin futures. A crypto wallet may still be relevant if you choose crypto payments for purchases or crypto withdrawals for rewards.
What is The Trading Pit's profit split?
The Trading Pit's main CFD and Futures Prime routes list an 80% profit share, but the exact payout rules depend on the account type. CFD 1 Phase and 2 Phase challenges list 80% with bi-weekly payouts and a $100 minimum. Futures Prime also lists 80% but uses payout caps and winning-day requirements, while Futures Classic can range from 60% to 80% by scaling level.
What are The Trading Pit's drawdown rules?
The drawdown rules depend on whether you trade CFDs, Futures Prime or Futures Classic. The CFD challenges have a 6% static max drawdown on the 1 Phase and 10% static on the 2 Phase, although selected CFD accounts may use end-of-day trailing drawdown. Futures Prime uses max drawdown trailing on end-of-day balance, while Futures Classic trails on highest balance.
Who owns The Trading Pit?
The Trading Pit is majority owned by Pinorena Capital, a fintech-focused private equity firm founded by Illimar Mattus. The main challenge entity is The Trading Pit Challenge GmbH, based in Liechtenstein, with related group entities covering holding, platform services and administration. Pinorena Capital's wider portfolio includes regulated brokers Tickmill and Darwinex, but The Trading Pit's challenge accounts should still be assessed as simulated prop trading products.
Is The Trading Pit legit?
The Trading Pit is a legitimate prop trading firm, but it should not be treated as a regulated crypto broker or exchange. It has a named operating entity in Liechtenstein, a visible group structure, platform partnerships and defined challenge rules. Traders still need to understand that accounts are simulated, payouts depend on rule compliance and approval, and regional access can vary by country, product and data provider.