Traderseed Review

1. What is Traderseed?
2. Traderseed Pros Cons
3. Is Traderseed Legit?
4. Traderseed Challenge
5. Funded Account
6. Account Conditions
7. Payout
8. Traderseed Alternative

Our Review Method

• 55Brokers Financial Experts with over 15 years of experience in Trading check and verify carefully Proprietary Trading Firm offerings and what the challenge you have to pass to become a Funded Trader to give an expert opinion on Traderseed and its reliability

What is Traderseed?

Traderseed is a trading platform founded in 2019, designed to offer unique and innovative trading programs aimed at helping aspiring traders develop the skills required for success with proprietary trading firms. Unlike traditional prop firms, TraderSeed presents a fixed-payout model, where traders know in advance what their payout will be for each challenge they undertake.

Being a Prop Trading Firm Traderseed offers a unique opportunity to engage in Real Trading almost with no Funds needed but to become a Funded Trader meaning trade with Company Funds. All that trader have to do is pass a Test or Challenge to obtain Funded Account and then trade with a Company Account as a Professional Trader, read more about Prop Trading here. Yet, read more about our finds below as there are some efficient risks you need to consider before engaging.

Is Traderseed Legit?

Traderseed is considered legitimate and functions as an intermediary between traders and the FTMO prop firm, offering discounted FTMO challenges through its partnership.

• Compared to Forex Brokers, Prop Trading firms are not operating under the Forex Broker license, therefore, are much less regulated and are not overseen by the industry regulators, as such are not highest level safe, since company is the one who maintains the whole operation and giving Funds to run Trading activity, so is important to understand all risks involved.

Is Traderseed Scam?

We checked the company legit information through the official website and did not find evidence for the Traderseed company to be a scam. Yet, since Prop Trading Firms are almost no regulated by the financial authorities it is hard to define Scam or True nature of the firm.

As our professional advise, it is best to learn well about Prop Trading, understand risks and choose Company with a good reputation also one operate for many years so the proposal is more stable. Yet, since you do not invest much money to trading but just pay subscription fees the potential losses still considered lower if compared to engaging into Real Trading with your own funds.  

Traderseed Challenge Evaluation Rules

In our Traderseed Review, the focal point is understanding how the evaluation challenge is structured and the prerequisites for participating in the trading challenge. This entails grasping the type of assessment one must undergo to acquire a Funded Trading Account and become a Proprietary Trader, as well as understanding the associated costs typically based on a registration fee.

• The primary objective of the challenge or test is to demonstrate your trading proficiency. The evaluation process at Traderseed is divided into two phases, each with profit targets determined by the account size you select. Generally, Phase 1 has stricter rules, while Phase 2 offers slightly broader conditions, particularly concerning drawdown, aiming to ascertain the sustainability of your trading activity over time.

Account Balance and Registration Fee

Prior to accessing Traderseed’s login page, you must first choose the model and account balance for which you wish to qualify. Depending on the size you select, the conditions of the challenge vary slightly. Additionally, this choice affects the registration fee you are required to pay to the company to participate in the challenge. However, it’s worth noting that Traderseed offers a refund of the fee once you attain the status of a Funded Trader. Please refer to our Registration Fee comparison table below for more details:

• TraderSeed offers three main challenges: the 20X Challenge, the 30X Quest, and the Aggressive 20X Challenge, each tailored to different levels of trader experience and risk tolerance. These challenges include features like industry-leading maximum loss limits, sensible leverage, the opportunity to trade large account sizes, and personalized support throughout the trading journey.

Profit Target

The profit targets for TraderSeed challenges vary, including the 20x and 30x challenges, with each having its own set of objectives. For instance, participants might need to achieve a specific percentage of profit relative to their account balance to advance through levels or complete the challenge.

Maximum Loss

TraderSeed offers challenges with varying maximum loss limits to accommodate different trading strategies and risk tolerances. For instance, their programs feature an industry-leading 15% Maximum Loss limit, providing traders with a generous buffer to manage their trades effectively. This limit allows participants to experience real market conditions while ensuring they have a safety net to prevent significant account losses.

Minimum Trading Period

TraderSeed challenges do not have a mandatory minimum trading period. Participants are allowed to progress through the challenge levels as quickly as they can meet the objectives, without a set number of trading days they must adhere to.

See detailed table with TraderSeed challenge conditions based on Account Size:

Free Trial

TraderSeed does not offer a free trial for its trading challenges. The platform is designed to provide structured, paid challenges that offer traders the opportunity to earn payouts by meeting specific objectives.

TraderSeed Funded Account

Profit Split

TraderSeed, through its partnership with FTMO, offers a profit split arrangement where traders keep a significant portion of their profits after completing challenges successfully. The specific percentage varies based on the challenge and account size chosen, with higher-tier challenges offering a larger share of the profits to the trader.

Payout and Withdrawals

TraderSeed, in partnership with FTMO, provides payouts to traders who successfully complete their challenges, with a profit split arrangement allowing traders to keep a substantial portion of their profits.

The payout process and withdrawal terms are designed to be straightforward, enabling traders to access their earnings after meeting the challenge criteria. Specific details about payout amounts, timing, and withdrawal procedures vary depending on the challenge and should be reviewed directly on TraderSeed’s or FTMO’s official platforms for the most accurate and up-to-date information.

Account Conditions

Trading Instruments

TraderSeed allows participants to trade a variety of instruments, including forex pairs, commodities, indices, and cryptocurrencies. This range provides traders with the flexibility to employ diverse strategies across different markets.

Commission

TraderSeed, through its partnership with brokers like Axi, offers competitive commission structures for its trading challenges. The commission rates can vary depending on the specific challenge and account type traders are enrolled in. These commissions are designed to be low to ensure traders can maximize their profits while trading various instruments.

Leverage

TraderSeed offers leverage up to 100:1 for certain challenges, catering to traders who prefer high-risk strategies and greater buying power. This high leverage option is available in specific challenges like the Aggressive 20x Challenge, designed for experienced traders comfortable with managing significant leverage and risk.

Traderseed App Platform

TraderSeed offers its trading challenges primarily through its website and possibly through standard trading platforms like MetaTrader 4, depending on the challenge requirements.

Trading Conditions

• TraderSeed permits popular trading conditions such as News Trading, Swing Trading, EA Trading, and Weekend Holding. Additionally, traders have the advantage of utilizing Copy Trading from another TraderSeed account, enhancing opportunities for diverse strategy traders. However, it’s essential to acknowledge certain restrictions, including the prohibition of High-Frequency Trading, Latency Trading, and Arbitrage.

Traderseed Promotions

As observed, the company occasionally runs promotions offering Traderseed coupons for discounts, along with potential Traderseed discounts. However, these conditions typically apply on a temporary basis. Therefore, it is advisable to verify their availability upon signing in.

Traderseed Alternative Brokers

Considering all findings about Traderseed, we conclude that the firm presents a highly attractive opportunity for funded traders. The company offers competitive costs and provides a wide range of programs with lower costs to choose from, thereby increasing opportunities for traders with lower expenses.

Although, it’s always advisable to consider and compare proposals with other proprietary trading firms. Some popular firms may offer similar conditions or may be more suitable for specific traders, offering a better choice of instruments and platforms beyond MetaTrader. Nevertheless, Traderseed boasts some obvious advantages. Please see our selection of alternatives below, along with a table comparing Traderseed to other companies:

• FTMO — Great Swing Trading Prop Firm
• True Forex Funds — Good for USA Trading on Funded Accounts
• The Funded Trader — Best for Higher Account Size