About The Trading Pit
Who Is The Trading Pit?
The Trading Pit is a proprietary trading firm headquartered in Burghausen, Germany, founded on 6 July 2022. It describes itself as a global prop trading firm that provides traders with capital through challenge-based evaluation programs. The firm is led by industry veterans Daniela Egli, Artem Lomakin, and Illimar Mattus, and is part of Pinorena Capital.
The company offers access to multiple asset classes including forex, stocks, ETFs, futures, options, and cryptocurrencies via CFD and futures trading. Its primary service is the TTP Challenge, where traders pay a fee to attempt profit targets and drawdown rules; upon success, they receive a funded account with profit-sharing terms.
Regulation and Licensing
As of the firm's registration date, The Trading Pit is not regulated by any financial authority. The known facts confirm no regulators on file. However, the firm announced in February 2026 the formation of TTP Markets, a regulated brokerage arm in Seychelles, which is not yet operational at the time of writing. This lack of regulatory oversight means trader funds are not protected by deposit insurance or compensation schemes.
Prospective traders should be aware that prop trading firms like The Trading Pit typically fall outside the scope of traditional financial regulation, and the challenge fees paid are at risk.
Account Programs and Challenge Types
The Trading Pit offers two main evaluation structures: the Prime (one-phase) and Classic (two-phase, discontinued). Account sizes range from $2,500 to $200,000. The Prime program requires meeting a profit target while respecting daily and maximum drawdown limits, with a minimum of profitable trading days. Once the challenge is passed, traders enter the 'Earning Phase' and can request bi-weekly payouts from $100.
The firm also mentions scaling accounts for consistently profitable traders. All challenge rules are clearly outlined on the website, including profit targets and drawdown thresholds.
Trading Platforms and Instruments
Traders can use the proprietary TTP Platform, cTrader, or MetaTrader 5 for CFD trading. Futures trading is also offered. Instrument specifications include forex pairs, indices, commodities, stocks, and cryptocurrencies, with leverage up to 1:50. The broker provides detailed instrument lists and commission schedules.
Commissions apply to certain instruments, and recent changes announced for March 2026 affect metals and cryptocurrencies. The firm supports TradingView for charting and market analysis.
Funding and Withdrawals
The Trading Pit accepts various funding methods, though specific payment processors are not listed prominently. Traders who pass the challenge receive a funded account with a Signal Provider agreement. Payouts are processed bi-weekly for Prime program participants. The firm claims to have paid over $16 million in rewards.
There is no information on withdrawal fees or processing times on the website. Traders should review the terms of the Signal Provider agreement carefully.
Target Audience
The Trading Pit aims at retail traders who want to trade with firm capital without risking their own funds beyond the challenge fee. It appeals to traders who may not have the capital to trade large positions but have proven skills. The firm also caters to experienced traders looking for scaling opportunities.
Given the lack of regulation, this platform is best suited for traders who understand the risks of prop trading and are comfortable with unregulated entities. Beginners may find the challenge rules complex.
Overview compiled by FXCanary from regulatory records and public data. full The Trading Pit review