4.5 based on 267 reviews
The Concept Trading

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About The Concept Trading

CEO

Thomas Grayson and David Long

Established

August 2021

Country

Australia

Broker

Blueberry Markets

Platform

DXTrade

Trust Pilot

4.4

Payment Methods

Crypto, Credit card, PayPal

Payout Methods

Crypto, PayPal, Wise and Revolut (Bank Transfer) - No minimum payout
More info The Concept Trading
The Concept Trading Challenges
Account Size
Steps
Challenge
Price
4.5 based on 267 reviews

Customer Reviews (267)

  • Jonathan Stark
    1 month ago

    I believe that The Concept Trading has provided me with a fantastic opportunity to pursue my aspirations as a professional trader. During my time trading with them, I have yet to encounter any significant issues. One of the standout features of The Concept Trading is the range of benefits it offers compared to other proprietary trading firms. Their straightforward rules, rapid scaling options, and the flexibility to accommodate various trading styles make it an excellent choice for traders like myself.

  • Jon Okuneva
    2 months ago

    I really enjoy working with TCT. Their communication is refreshingly honest and transparent, which is hard to find these days. Plus, their profit payout system is super straightforward and quick. My funds usually show up in my bank account within just a few days—no hassles at all!

  • Kellen Wehner
    2 months ago

    Fast payouts! I’ve been trading with TCT for about a year now, and I must say my experience has been exceptionally positive. While the costs might be higher compared to some other proprietary trading firms, I truly appreciate the freedom to trade in my own style and the variety of account options available. This flexibility, along with their one key rule—don’t hit equity drawdown—far surpasses the appeal of having a larger account size accompanied by a lengthy list of restrictions. Additionally, being a regulated prop firm has significantly boosted my confidence in continuing my trading journey with them. Their transparency, both during the good times and the tough moments, is something I find commendable.

  • Twila Littel
    2 months ago

    This is undoubtedly one of the top proprietary trading firms available today. The support provided is truly exceptional. There’s only one primary rule to adhere to, which makes things straightforward. Additionally, payouts are processed quickly and efficiently.

  • Alejandra Farrell
    2 months ago

    The cost is quite steep; for $700 in real capital, you’re only given a $1,000 drawdown limit in virtual funds. The drawdown allowance is rather minimal. There’s also some confusion with the lot sizes—essentially, one USTECH100 lot here operates like ten lots on other platforms. If you purchase just one lot, the effect on your tight loss limit is magnified tenfold, which is quite concerning.

    Furthermore, the order execution is slow, and the trading platform can be frustratingly inflexible. Notably, resets aren’t permitted, which adds to the difficulties. It might be wiser to work with a real broker offering 200 leverage instead of opting for a challenge from this firm. Given these ongoing issues, I really don’t see myself trying out this company again.

  • Betsy Auer
    2 months ago

    Opening my account was a straightforward process, and I received a prompt response to get everything set up. Having traded for about a week now, I have noticed that the platform’s performance could use some improvement. For instance, I’ve encountered delays when trying to close trades, particularly when scalping. However, I understand that the firm is considering introducing additional platforms in the near future, which could potentially enhance the trading experience.

    I have opened an instant funded account and successfully passed the level 1 target, so now I’m working on level 2. What’s great is that there are no strict trading rules, aside from avoiding the maximum drawdown, which really allows for all trading styles to thrive. Overall, I’m feeling optimistic about reaching higher funding levels with this firm.

  • Gladys Weimann
    3 months ago

    The platform frequently freezes, making it impossible to access the index I wanted to trade. I reached out to the company’s personnel regarding this issue; however, even after following their guidance, the platform remains frustratingly unresponsive. As a result, I cannot trade effectively. I would advise against using this company’s platform and recommend seeking out more reliable proprietary trading firms.

  • Ewald Runte
    3 months ago

    This is truly a fantastic company to work with. They are incredibly responsive, and their system is well-designed to support traders effectively. The software is user-friendly and intuitive, which makes the trading experience smooth. Plus, payouts are processed quickly, adding to the overall positive experience.

  • Marta Hagenes
    4 months ago

    Since my last review of TCT, where I expressed serious concerns about the troubled DXtrade trading platform, senior management contacted me with a genuine intention to comprehend and resolve the issues I highlighted. Our conversation was remarkably constructive, leading to a mutually beneficial outcome.

    I now feel assured that TCT is not just another marketing scheme like the 95% of prop firms out there; they truly care about their traders’ long-term success. They have been honest and transparent regarding the challenges that brought them to the DXtrade situation and have outlined achievable corrective measures to tackle these problems. This is encouraging, especially since TCT offers some of the best scaling options for significant capital allocations in the industry and has maintained a solid operation for several years prior to this DXtrade debacle.

    Based on their response to the concerns I raised, I’m comfortable recommending TCT as the go-to proprietary trading firm in the industry, as long as they can provide their traders with a reliable, high-quality trading platform soon, which I strongly believe they will.

  • Violet Hickle
    4 months ago

    I genuinely appreciate my experience with The Concept Trading, though I have a couple of concerns. Recently, they changed brokers, and currently, there’s no MetaTrader platform available, which is something to note (I hear it’s coming soon). Despite this, I’ve managed to adapt. What stands out to me is the team; they are truly the best in the business. Their sincerity shines through, and it’s refreshing that they’re often available for a phone conversation. It’s hard to find that kind of accessibility with most brokers these days. Keep up the great work, guys!

  • Napoleon Johnston
    4 months ago

    I’ve been getting accustomed to DXTrade, and I just completed the first stage. The team has been quite supportive; whenever I’ve had questions, they responded quickly. Overall, everything’s looking positive so far.

  • Amira Mertz
    4 months ago

    Trading with this company has been quite straightforward. I deducted a star because they frequently alter their product offerings, which seems to benefit the company more than the clients. But hey, that’s how business works, I suppose.

    Opening accounts has been a hassle-free experience for me. I appreciate that profit payments are processed on the same day, and their customer support is responsive, often replying to my emails swiftly.

    I would highly recommend The Concept Trading to others.

    Gaye

  • Oda Turner
    4 months ago

    The best proprietary trading firm out there. As a trader, you can really advance alongside them. Payouts are consistently on time, and if there happens to be a delay, just shoot them an email or reach out on Discord; they will definitely get back to you. I’m really pleased with TheconceptTrading.com. Keep up the fantastic work!

  • Morgan Yundt
    4 months ago

    The Blueberry platform is pretty awful. It’s not worth your money to take on the challenge. Trading on their platform is nearly impossible. Honestly, it’s the worst platform I’ve ever used.

  • Eugene Huel
    5 months ago

    It pains me to provide this feedback about what I believe is a truly exceptional proprietary trading firm. However, the choice of platform—DX Trade instead of MetaTrader—leaves much to be desired. While I understand that the broker, Blueberry Markets, has made this selection, it raises the question: why not offer MetaTrader as an option? Using DX Trade feels like a frustrating experience due to its latency issues; I often find that the candlestick data isn’t in real time, forcing me to refresh my browser repeatedly. It’s not uncommon to miss out on trading opportunities because of these delays. Additionally, the platform seems to be in a perpetual state of development, almost akin to being part of a clinical trial.

    This situation is draining my energy. I typically analyze my indices on MetaTrader and then switch to the browser solely to execute trades. Unfortunately, many of the customized tools and indicators that enhance trading efficiency are simply incompatible with DX Trade. Overall, everything else about the firm is impressive, but this platform issue is significant. I sincerely hope they can address this concern soon.

  • Cydney Skiles
    5 months ago

    The real-time challenges presented by this trading firm are quite unrealistic. They often seem disconnected from actual market conditions, making it tough for traders to navigate effectively. It feels like the requirements are set at a level that most individuals would find hard to achieve, which can be frustrating. Overall, the challenges could use a serious reevaluation to align them better with real-world trading scenarios.

  • Victoria Pacocha
    5 months ago

    The setup for the challengers is quite impressive. You’ve done an excellent job simplifying the rules and the entire process. However, the trading platform leaves much to be desired. It frequently freezes, especially during high-activity periods. It can take me 2 to 3 minutes just to place a stop loss. I really urge you to address these issues. Thanks, Luke.