The Trading Pit-Some Important Details about This Broker

General Information

The Trading Pit is an award-winning global proprietary trading firm, aiming to challenge the conditions that traders have been working under for years. The Trading Pit boasts that it offers global access to all major asset classes, including forex, stocks, ETFs, Futures, Options, and Cryptos.

Here is the screenshot of The Trading Pit official website:

The Trading Pit is not regulated by any regulator to support its operation, and thats why WikiFX has given it a very low score of 1.14/10. Trading with an unregulated broker is a surefire way to lose money. Please be aware of the risk involved.

Market Instruments

The Trading Pit give clients the opportunity to trade currencies, futures, Como on the global markets.

Account Types

The Trading Pit has designed various trading plans or accounts for Forex trading, Futures trading and COMO trading. Take forex trading as an example, this broker has set four types of trading accounts and these trading accounts are determined by the minimum deposit:

Lite-Challenge Account Balance: 2,500 euros

Standard-Challenge Account Balance: 5,000 euros

Executive-Challenge Account Balance: 10,000 euros

VIP-Challenge Account Balance: 20,000 euros

For Futures trading, there are also four types of trading plans listed, with the account balance required for each account extremely higher than forex trading.

COMO trading has two types of trading accounts offered, namely Lite and Executive accounts, with the Lite account requiring an account balance of 2,500 euros and Executive account requiring an account balance of 10,000 euros.

Trading Platform

When it comes to trading platforms available, The Trading Pit has offered multiple trading platform options, including MT4, MT5, Rithmic, EDGE, STEROTRADER, SIERRA, ATAS, QUANTOWER.

Deposits & Withdrawals

The minimum deposit is 250 EUR/GBP/USD, and the minimum deposit is 100 USD. The Trading Pit allows its clients to make a deposit and withdrawal through the following payment methods, including VISA, MasterCard, Wire Transfer, Maestro, Bitcoin, Tether, and Litecoin.

Customer Support

Clients with any inquiry or trading-related issues can get in touch with The Trading Pit through the following contact channels:

Telephone: +4986774014100

Email:support@thetradongpit.com

Live Chat Support

Or you can also follow this brokerage on some social media platforms, such as Facebook, Instagram, Twitter, Linkedin, Youtube, TikTok, etc.

Educational Resources

The Trading Pit offers clients some educational resources, such as Webinars, Squawkbox, Educational Videos, Economic Calendar, CME Heatmap, as well as Glossary.

Risk Warning

Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.

The information presented in this article is intended solely for reference purposes.

Pros & Cons

Frequently Asked Questions

What trading instruments can I trade with on The Trading Pit？

The Trading Pit allows investors to trade currencies, futures, Como on the global markets.

What is the minimum deposit required by TheTrading Pit？

The minimum deposit is 250 EUR/USD/GBP.

Does The Trading Pit offer educational resources？

Yes, The Trading Pit offers educational resources, including Webinars, Squawkbox, Educational Videos, Economic Calendar, CME Heatmap, as well as Glossary.