Glow Node 2025 Review
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Updated:
Leverage: 1:30
Regulation: UK
Min. Deposit: $100
HQ: UK
Platforms: Match-Trader
Found in: 2022
Glow Node Licenses:
- Glow Node LTD — registered in the UK company number 14037065
Advertising Disclosure
Updated:
Leverage: 1:30
Regulation: UK
Min. Deposit: $100
HQ: UK
Platforms: Match-Trader
Found in: 2022
Glow Node Licenses:
Glow Node is a proprietary trading firm that was established with the aim of filling a market gap by working closely with traders to help them become profitable. Founded in April 2022, the firm started with a passion for trading and initially released their first Trading View Indicator. They have since expanded to offer a proprietary trading program, providing traders with tools, training, and simulated funding opportunities. This approach allows both the firm and the traders to profit together.
Glow Node differentiates itself by offering substantial capital provision for traders, allowing them to manage up to $1,000,000 with the potential to retain up to 90% of profits. This makes it a significant player in the prop trading world, enabling traders to achieve substantial financial success and independence. Read more about Prop Trading here
Glwo Node Advantages | Glow Node Disadvantages |
---|---|
Lower Profit Target | Doesn't have License |
A variety of trading account sizes | It is hard to become Funded Trader |
Low entry fees | Limited Instrument Range |
50% payout in case of rule breach | Doesn't offer MetaTrader Platform |
Low Commissions on Forex instruments | Doesn't offer free trial |
Refundable Fee once you become Funded Trader | Low Leverage |
Account Merge | |
No minimum trading days |
Glow Node is considered a legitimate proprietary trading firm based in the UK, a country known for its strict financial regulation and oversight. Glow Node Trustpilot has garnered many positive reviews, which speaks to its reputation and the satisfaction of its users.
Our Glow Node Prop Firm Review focuses on examining the structure of the evaluation challenge, including the criteria for enrolling in the trading challenge. This involves understanding the type of assessment required to secure a Funded Trading Account and become a Proprietary Trader, as well as identifying the costs associated with this process, which are typically linked to a Registration Fee.
Before starting to trade with the Glow Node, traders must choose the Challenge type and Account Balance that best suits their trading goals, as the challenge conditions vary with each account size. This choice will also determine the registration fee required to enter the challenge. Importantly, Glow Node provides an opportunity for a fee refund once you achieve the status of a Funded Trader. For a detailed comparison of registration fees across different account sizes, please refer to our Registration Fee comparison table below.
Fees | Glow Node | FTMO | The Funded Trader |
---|---|---|---|
Minimum Account Size | $10,000 | $10,000 | $50,000 |
Fee | $100 | €155 | $289 |
Maximum Account Size | $200,000 | $200,000 | $400,000 |
Fee | $1000 | €1 080 | $1,869 |
Reset or Test Retake | Yes | Yes | Yes |
Is Fee Refundable? | Yes | Yes | Yes |
So to pass evaluation, traders need to meet some requirements one of which is reaching the Profit Traget set by the firm. Glow Node’s profit targets vary depending on the evaluation program chosen. For the 2-Phase Evaluation, the first phase requires an 8% profit target, while the second phase has a 5% profit target. The 1-Phase Evaluation sets a single profit target of 10%. These targets are designed to assess a trader’s ability to generate profits within the set risk management parameters
For the 2-Phase Evaluation at Glow Node, the maximum loss parameters are designed to manage risk efficiently. The daily drawdown is capped at 5% relative to the high watermark at the start of the trading day, and the maximum drawdown allowed is 10%, which is a trailing metric. This ensures traders are mindful of their risk exposure while striving to meet their profit targets
Glow Node does not enforce a minimum trading period for its evaluation challenges. This flexibility allows traders to operate within their timeframes without pressure to trade more frequently than their strategy allows.
See the detailed table with Glow Node Challenge conditions based on Account Size:
Glow Node does not offer a free trial for its trading challenges. Their programs, including the 2-Phase Evaluation, 1-Phase Evaluation, and Instant Funding options, require participants to pay a registration fee to access the trading evaluations or instant funding accounts.
After successfully passing the challenge, the trader will be allocated their Funded Account, which is usually activated within a few business days. The account will mirror the conditions and balance of the level qualified for in the challenge. Should a trader wish to upgrade to a higher account level, they must undergo and pass the challenge again for the desired account balance.
Glow Node allows traders to request payouts every 14 days, with the initial withdrawal available after achieving the specified profit targets in their trading challenges. The firm emphasizes a smooth process for withdrawing funds, ensuring traders can access their earnings promptly.
If a trader breaches any of Glow Node’s account rules before the 14-day mark, they might still be eligible for a payout, but it could be adjusted to 50% of the profits remaining in the account.
Glow Node offers multiple methods for withdrawals, including payments through Rise, cryptocurrencies, and bank transfers. This flexibility ensures traders can access their earnings in a manner that suits their preferences and geographical limitations.
When evaluating account conditions, it’s crucial to assess if the firm offers diverse account options, as well as the available platforms, instruments, and trading costs. Equally important is to review leverage levels and overall trading conditions, noting that some brokers might restrict certain strategies or practices in funded accounts, potentially leading to account loss. In such cases, requalification through testing may be required.
Glow Node provides traders with access to a wide range of trading instruments across different markets. These include forex pairs, commodities, indices, and cryptocurrencies, allowing traders to diversify their strategies and explore various financial markets.
Glow Node’s commission on forex pairs trading is set at $2.50 per lot, reflecting their effort to mimic real trading conditions closely. This rate helps traders accurately account for trading costs when planning their strategies.
We found that, unlike many firms that offer MetaTrader platforms, Glow Node offers trading on the Match Trader platform. This platform choice aligns with their goal to provide traders with a reliable and efficient trading environment, suitable for executing various strategies across the wide range of trading instruments Glow Node offers, including forex, indices, and cryptocurrencies.
Glow Node offers a carefully designed set of trading conditions to cater to the varied preferences and strategies of traders engaging with their funded accounts. This approach ensures that participants in their programs find the trading environment and rules adaptable to their unique trading styles and goals.
At the moment of writing this article, Glow Node is promoting two discount codes for their services: a 10% off code “FRESHSTART” and a 30% off code “SPRING”. These discounts offer potential savings on their trading program fees.
We conclude that Glow Node stands out in the proprietary trading firm landscape with its flexible trading conditions, diverse account options, and supportive policies for traders. Offering a variety of challenges, alongside competitive profit splits and leverage settings, it caters to a broad spectrum of trading strategies. The firm’s approach to commissions, trading platform selection, and strategy allowances reflects a commitment to facilitating traders’ success.
Glow Node’s offerings come with certain limitations, such as the absence of the popular MetaTrader platform, no option for a free trial to test their system, and a somewhat limited range of markets compared to some competitors. These factors might require traders to adapt their strategies or seek alternative platforms for broader market analysis, such as:
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