Traders Launch
Five one-step products across futures (NYC and 22-Hour sessions) and crypto. EOD drawdown locks at starting balance with no daily loss limit, and payouts process daily once above +1% buffer. But marketing claims of "no payout caps" collide with a $100,000 cumulative pause, and terms state traders referred by partners may be denied payouts entirely.
Traders Launch LLC is a Pennsylvania entity with no financial licence and no clearing broker named; all accounts are simulated. While the headline sells "No consistency rules once funded", section 74 of the contract requires satisfying consistency rules before receiving a scalable funding offer, and section 101 reserves absolute discretion over payouts as non-compensatory performance awards.
Not enough published data to simulate this firm’s floor.
This firm publishes its floor by account size — see the cited table below.
Judged, clean of all seven hard bars, and the scorecard still came in under the bar. Nothing here is an accusation — it is a firm we would not open an account with, and the card says on which axes it fell short.
Scorecard
10Trails on daily closes only, then freezes at your starting balance
A named company, but no financial regulator anywhere — or a light-touch one only
A per-request cap well below the account size
Two official channels disagree on a number that matters
Under a year, or too few reviews to mean anything
Each axis is scored 0–5 against a published scale. The line under each bar is the rung this firm landed on — not our summary of it, the scale entry itself.
Trustpilot
What this firm published
Everything below is quoted from a page we opened, on the date shown. The quotes are in the firm’s own language, exactly as published — never edited, never shortened, never swapped for a translation. On the Spanish edition our own rendering appears underneath each one, unquoted and marked as ours: the quotation marks on this site mean the words are the firm’s, and nothing we wrote ever wears them. Where we have not read enough to put a number on an axis, we say so instead of guessing.
3/5
Can you even pass?
Almost nobody who pays for an evaluation ever reaches a funded account, so this is the part of the product most customers actually buy. Every firm advertises its profit target; none of them advertises that target next to how much you are allowed to lose while chasing it.
3/5
Can you keep the money?
The drawdown takes the account away; the payout rules take the money. Answered by whichever of the two we can measure and is worse — they are two ways of losing the same thing, so a good half cannot pay for a bad one.
3/5
Is anyone behind it?
A named company, a market, and rules you could read before paying. These three do not substitute for one another — a company you can sue does not stop existing because the account is a simulation — so this is the average of the ones we could measure, not the worst.
How hard the test is
Not the profit target on the sales page — that target measured against the room you are given to reach it.
How much you must win to survivefor every $1 you are allowed to lose, you must make $20.80/8
“{"size":"$100,000","split55Fee":"$79","split80Fee":"$159","profitTarget":"$2,000","eodDrawdown":"$1,000"}”A profit target only means something next to the room you are given to reach it. Ten per cent to make against ten to lose is a coin flip sold as an exam.
Days you have to finish60 days1.80/3
“60-day maximum time limit to pass”A deadline turns a test of skill into a test of whether the market happened to move during your month.
Trading days you must put in3 days2/2
“Minimum 3 trading days”Cuts both ways: it costs you time, and it also stops an account passing on one lucky afternoon you could never repeat.
A second attempt costsThey do not say.0/2
we read the page that should answer this and it does not
A free second attempt turns one bad week into a delay instead of another invoice.
Profit target2%—
“{"size":"$100,000","split55Fee":"$79","split80Fee":"$159","profitTarget":"$2,000","eodDrawdown":"$1,000"}”Maximum loss
The loss limit that closes your account. Does it sit still, or does it climb behind you as you win?
What makes the loss limit riseit rises with the day's closing balanceno change1.65/3
“EOD drawdown locks at starting balance with no intraday trailing”A limit that climbs takes back the cushion you already earned.
Where the limit stops risingat your starting balance3/3
“EOD drawdown locks at starting balance with no intraday trailing”The difference between a danger with an end date and one that never ends.
What the limit is measured againstThey do not say.no change0/2
we read the page that should answer this and it does not
Decides whether a trade that dips and recovers can close an account that ended the day green.
What taking a payout does to the limitThey do not say.0/2
we read the page that should answer this and it does not
Taking your money out should not leave you closer to losing the account.
Daily limitThey state there is none.no change2/2
“Daily loss limit None (EOD drawdown only) Strict daily loss rules”A generous percentage measured on live equity is not generous — it is the same number with a trapdoor under it.
Total loss allowed1%no change0/1
“{"size":"$100,000","split55Fee":"$79","split80Fee":"$159","profitTarget":"$2,000","eodDrawdown":"$1,000"}”How much room you have. Worth little, because almost every firm offers the same.
Withdrawing
How much can leave the account, how soon, how often — and whether they can say no.
Withdrawals before the account endsThey publish no ceiling.3/3
we read the page that should answer this and it does not
The cap per withdrawal times how many they allow is the real size of the account. One plan here is sold on a $200,000 banner and closes after five withdrawals of $2,100.
What else a payout changesThey do not say.0/3
we read the page that should answer this and it does not
The floor is not the only thing a withdrawal moves, and the rest of it is never on the same page. Position size, the consistency rule and the share you are paid all reset or shift at some firms, and a trader who checked only the drawdown finds out afterwards.
What breaking the consistency rule costsThey publish no ceiling.They state there is none.3/3
we read the page that should answer this and it does not
“No consistency rules once funded”Weighted by what it costs, not by existing: reading plan by plan, no consistency rule ever closed an account — they postponed the withdrawal.
Can it refuse without giving a reasonyes — it reserves that right in writing0/3
“Any payout constitutes a discretionary, performance-based award and not compensation for services rendered.”“We may decline for any reason” is not a rule, it is the absence of one — it makes every other number on this axis conditional on goodwill.
Days before you can ask for money3 days2/2
“3 Days to Your First Payout.
Then Every Day After That.”How long your money is theirs.
Most one withdrawal can pay youThey state there is none.2/2
“Payout caps None $5K-$10K per cycle”$2,000 is generous on a $25K account and a joke on a $200K one, so it is measured as a share and at the worst size sold.
Does that cap rise with the accountThey do not say.0/2
we read the page that should answer this and it does not
Profit required before the first request1%1/1
“Eligible for payouts once funded account profit is above +1%”How much you have to make before you can touch anything.
Fee charged to pay youThey do not say.0/1
we read the page that should answer this and it does not
What they charge you to pay you.
How you may trade
Can you trade the way you actually trade — around the news, over the weekend, at the size and speed you use?
Restriction around the newsThey do not say.no change—
we read the page that should answer this and it does not
Mandatory stop-lossThey do not say.no change—
we read the page that should answer this and it does not
Minimum time a trade must be held2 secondsno change—
“accounts may be paused for review when more than 10% of trades are opened and fully closed within two seconds”Forced close before the weekendThey do not say.no change—
we read the page that should answer this and it does not
LeverageNo such thing in this plan.no change—
“Futures Evaluation Rules”Limit on position size2we did not read this stage—
“Futures 100K
22‑Hour Session
80 % Profit Split
$100,000
Starting Capital
$159
One-time fee
Profit Target: $2,000
Max Drawdown: $1,000 EOD - Locks at Starting Balance
Starting Size: 2 Mini or 20 Micros
Scale up to 15 mini contracts
No Additional Fees Once Funded”No score here, on purpose. The six axes above ask whether the firm can take your money or refuse to pay it. These rules ask something else — whether you can trade your way — and the right weight depends on who is reading: a minimum holding time decides the account for a scalper and is invisible to anyone else, while the weekend rule is the reverse. A single number would be wrong for half of you, and would look decided. The firm’s own sentences are here; the judgement is yours.
How it grows
What makes the account get bigger, how big it can get, and whether the path ends at a real market or at a larger simulation.
What makes the account growpayouts taken—
“Traders pause at $100,000 cumulative payouts and become eligible for scaling opportunities”How large it can get$100,000—
“Traders pause at $100,000 cumulative payouts and become eligible for scaling opportunities”Where the path endsat a real market—
“Traders who reach $100,000 in cumulative payouts will be paused, and become eligible for additional scaling opportunities, including increased allocations and priority consideration for future live-capital opportunities.”One of these questions is scored and it is not here. “Does the cap rise with the account” sits on the cash axis, next to the cap itself, because it has a right answer: a bigger account that pays the same cheque has handed you a larger number and the same money. The three below are different. A two-million ceiling is the whole point of the product for one reader and irrelevant to someone who wants one clean payout, so the firm’s sentences are here and the weight is yours.
How hard the test is
Not the profit target on the sales page — that target measured against the room you are given to reach it.
How much you must win to survivefor every $1 you are allowed to lose, you must make $20.80/8
“{"size":"$100,000","split55Fee":"$79","split80Fee":"$159","profitTarget":"$2,000","eodDrawdown":"$1,000"}”A profit target only means something next to the room you are given to reach it. Ten per cent to make against ten to lose is a coin flip sold as an exam.
Days you have to finish60 days1.80/3
“60-day maximum time limit to pass”A deadline turns a test of skill into a test of whether the market happened to move during your month.
Trading days you must put in3 days2/2
“Minimum 3 trading days”Cuts both ways: it costs you time, and it also stops an account passing on one lucky afternoon you could never repeat.
A second attempt costsThey do not say.0/2
we read the page that should answer this and it does not
A free second attempt turns one bad week into a delay instead of another invoice.
Profit target2%—
“{"size":"$100,000","split55Fee":"$79","split80Fee":"$159","profitTarget":"$2,000","eodDrawdown":"$1,000"}”Maximum loss
The loss limit that closes your account. Does it sit still, or does it climb behind you as you win?
What makes the loss limit riseit rises with the day's closing balanceno change1.65/3
“EOD drawdown locks at starting balance with no intraday trailing”A limit that climbs takes back the cushion you already earned.
Where the limit stops risingat your starting balance3/3
“EOD drawdown locks at starting balance with no intraday trailing”The difference between a danger with an end date and one that never ends.
What the limit is measured againstThey do not say.no change0/2
we read the page that should answer this and it does not
Decides whether a trade that dips and recovers can close an account that ended the day green.
What taking a payout does to the limitThey do not say.0/2
we read the page that should answer this and it does not
Taking your money out should not leave you closer to losing the account.
Daily limitThey state there is none.no change2/2
“Daily loss limit None (EOD drawdown only) Strict daily loss rules”A generous percentage measured on live equity is not generous — it is the same number with a trapdoor under it.
Total loss allowed1%no change0/1
“{"size":"$100,000","split55Fee":"$79","split80Fee":"$159","profitTarget":"$2,000","eodDrawdown":"$1,000"}”How much room you have. Worth little, because almost every firm offers the same.
Withdrawing
How much can leave the account, how soon, how often — and whether they can say no.
Withdrawals before the account endsThey publish no ceiling.3/3
we read the page that should answer this and it does not
The cap per withdrawal times how many they allow is the real size of the account. One plan here is sold on a $200,000 banner and closes after five withdrawals of $2,100.
What else a payout changesThey do not say.0/3
we read the page that should answer this and it does not
The floor is not the only thing a withdrawal moves, and the rest of it is never on the same page. Position size, the consistency rule and the share you are paid all reset or shift at some firms, and a trader who checked only the drawdown finds out afterwards.
What breaking the consistency rule costsThey publish no ceiling.They state there is none.3/3
we read the page that should answer this and it does not
“No consistency rules once funded”Weighted by what it costs, not by existing: reading plan by plan, no consistency rule ever closed an account — they postponed the withdrawal.
Can it refuse without giving a reasonyes — it reserves that right in writing0/3
“Any payout constitutes a discretionary, performance-based award and not compensation for services rendered.”“We may decline for any reason” is not a rule, it is the absence of one — it makes every other number on this axis conditional on goodwill.
Days before you can ask for money3 days2/2
“3 Days to Your First Payout.
Then Every Day After That.”How long your money is theirs.
Most one withdrawal can pay youThey state there is none.2/2
“Payout caps None $5K-$10K per cycle”$2,000 is generous on a $25K account and a joke on a $200K one, so it is measured as a share and at the worst size sold.
Does that cap rise with the accountThey do not say.0/2
we read the page that should answer this and it does not
Profit required before the first request1%1/1
“Eligible for payouts once funded account profit is above +1%”How much you have to make before you can touch anything.
Fee charged to pay youThey do not say.0/1
we read the page that should answer this and it does not
What they charge you to pay you.
How you may trade
Can you trade the way you actually trade — around the news, over the weekend, at the size and speed you use?
Restriction around the newsThey do not say.no change—
we read the page that should answer this and it does not
Mandatory stop-lossThey do not say.no change—
we read the page that should answer this and it does not
Minimum time a trade must be held2 secondsno change—
“accounts may be paused for review when more than 10% of trades are opened and fully closed within two seconds”Forced close before the weekendThey do not say.no change—
we read the page that should answer this and it does not
LeverageNo such thing in this plan.no change—
“Futures Evaluation Rules”Limit on position sizeThey do not say.no change—
we read the page that should answer this and it does not
No score here, on purpose. The six axes above ask whether the firm can take your money or refuse to pay it. These rules ask something else — whether you can trade your way — and the right weight depends on who is reading: a minimum holding time decides the account for a scalper and is invisible to anyone else, while the weekend rule is the reverse. A single number would be wrong for half of you, and would look decided. The firm’s own sentences are here; the judgement is yours.
How it grows
What makes the account get bigger, how big it can get, and whether the path ends at a real market or at a larger simulation.
What makes the account growpayouts taken—
“Traders pause at $100,000 cumulative payouts and become eligible for scaling opportunities”How large it can get$100,000—
“Traders pause at $100,000 cumulative payouts and become eligible for scaling opportunities”Where the path endsat a real market—
“Traders who reach $100,000 in cumulative payouts will be paused, and become eligible for additional scaling opportunities, including increased allocations and priority consideration for future live-capital opportunities.”One of these questions is scored and it is not here. “Does the cap rise with the account” sits on the cash axis, next to the cap itself, because it has a right answer: a bigger account that pays the same cheque has handed you a larger number and the same money. The three below are different. A two-million ceiling is the whole point of the product for one reader and irrelevant to someone who wants one clean payout, so the firm’s sentences are here and the weight is yours.
How hard the test is
Not the profit target on the sales page — that target measured against the room you are given to reach it.
How much you must win to survivefor every $1 you are allowed to lose, you must make $20.80/8
“{"size":"$100,000","split55Fee":"$49","split80Fee":"$99","profitTarget":"$2,000","eodDrawdown":"$1,000"}”A profit target only means something next to the room you are given to reach it. Ten per cent to make against ten to lose is a coin flip sold as an exam.
Days you have to finish60 days1.80/3
“60-day maximum time limit to pass”A deadline turns a test of skill into a test of whether the market happened to move during your month.
Trading days you must put in3 days2/2
“Minimum 3 trading days”Cuts both ways: it costs you time, and it also stops an account passing on one lucky afternoon you could never repeat.
A second attempt costsThey do not say.0/2
we read the page that should answer this and it does not
A free second attempt turns one bad week into a delay instead of another invoice.
Profit target2%—
“{"size":"$100,000","split55Fee":"$49","split80Fee":"$99","profitTarget":"$2,000","eodDrawdown":"$1,000"}”Maximum loss
The loss limit that closes your account. Does it sit still, or does it climb behind you as you win?
What makes the loss limit riseit rises with the day's closing balanceno change1.65/3
“EOD drawdown locks at starting balance with no intraday trailing”A limit that climbs takes back the cushion you already earned.
Where the limit stops risingat your starting balance3/3
“EOD drawdown locks at starting balance with no intraday trailing”The difference between a danger with an end date and one that never ends.
What the limit is measured againstThey do not say.no change0/2
we read the page that should answer this and it does not
Decides whether a trade that dips and recovers can close an account that ended the day green.
What taking a payout does to the limitThey do not say.0/2
we read the page that should answer this and it does not
Taking your money out should not leave you closer to losing the account.
Daily limitThey state there is none.no change2/2
“Daily loss limit None (EOD drawdown only) Strict daily loss rules”A generous percentage measured on live equity is not generous — it is the same number with a trapdoor under it.