Traderseed is an innovative prop trading program where you can pass challenges to earn money. With goals to reach, each programme is a multi-level trading challenge. Every level you complete earns you capital. The payment increases as the level rises! There are different-sized accounts and payout structures. Traderseed provides a unique opportunity to hone your trading abilities and access funded accounts if you are successful.
Traderseed was established in 2019 in collaboration with the leading prop firm, FTMO. They are now working independently with the aim of creating new, affordable, and accessible trading programmes, with an emphasis on assisting traders in improving their trading skills and knowledge to a level that is needed to succeed at a prop firm.
- Unique payout system as you complete challenges
- Funding up to $500,000
- Inexpensive challenge fees
- Weekly newsletter
- Variety of programs to choose from
- Popular MT4 platform
- Use the reputable Axi brokerage firm
- Unlimited restarts
- No restrictions on trading strategies
- Good range of financial instruments and markets to trade
- 1:100 leverage available
- No minimum trading days to advance to the next level
- No MT5 platform
- Limited scaling plan
- No free trial
The Traderseed user-friendly trading programmes are relatively inexpensive, starting from $75. You can become a better prop trader with the aid of their programmes. Learn how to trade properly, get practise trading large accounts, and perfect your strategy for passing prop challenges.
From the very first challenge that you trade, you are rewarded. In fact, if you succeed in your first challenge, you earn a complete refund! Despite their affordable rates, the prop programmes are meant to reward skilled traders with generous payouts. Each time that you complete a level, you will get paid out your completion payout for that level, and can start trading the next level up immediately.
The account sizes are large despite the minimal costs that they charge. This helps traders become accustomed to managing large sums of money and gets them ready for the pressure that comes with it. Their products are primarily intended for the vast majority of traders who are currently not making a profit. In contrast to the pricey prop firm evaluation approach, from which relatively few traders obtain payments, they provide a more affordable compensation structure.
Traderseed offer two different trading programs that are both unique and follow an easy to understand structure. There is the 20X challenge and the 30X quest. The main difference between the prop challenges are the account sizes, objectives and payouts.
As long as your account equity is positive and you haven’t reached either of the Max Loss goals, you can restart any challenge for free if you don’t reach the profit target in the allotted time. You must open a new account if you reach either of the Max Loss goals yet fail a challenge.
Test your trading prowess by succeeding in challenges, and you’ll be rewarded for each one you finish. This programme has four levels, and you will be paid for finishing each one. Your initial cost will have been doubled by 20 if you have passed all 4! However, you start receiving payments after the first level, thus you are not required to complete all 4.
- 100k Accounts
- Instant Funding
- Full refund after passing your first Challenge
- Get paid out 20x your fee!
- Unlimited Free Restarts
- Instant Credentials
- MetaTrader 4
- From $100
As a less expensive alternative to trading with a prop firm, the 20x Challenge was created. It is an instant funding scheme, therefore the first account you trade will be used to pay you. In fact, if you succeed in the first task, your fee is entirely repaid. The 20x Challenge was created with a defined account size, a fixed profit target, and fixed risk objectives to be as similar to trading with a prop business as possible.
Start a quest of level 5. Each level has various account sizes and goals that must be accomplished. If you succeed in your mission and complete the level 5 challenge, your initial investment will have increased by 30 times! To receive payment, you do not need to complete all five levels; instead, you begin receiving payment at level 2.
- 100k to 500k Accounts
- Different Account Sizes for each Challenge
- Different Objectives for each Challenge
- Get paid out 30X your fee!
- Unlimited Free Restarts
- Instant Credentials
- MetaTrader 4
- From $75
A trading programme unlike any other is the 30x Quest. There are 5 levels, each with unique profit and risk goals as well as account sizes. Payouts begin at stage 2, and finishing the programme will return 30 times your investment. Improve your trading abilities, gain experience trading larger accounts, and hit the profit targets for significant bonuses!
20x Challenge Aggressive
Traderseed recognise that trading with lot size constraints can make you feel like you cannot reach your full potential if you are an experienced trader and understand how to handle leverage. You have been the target audience for the Aggressive 20x Challenge. Your trading strategy and lot sizes are unrestricted.
For traders that understand leverage and know how to use it effectively in the markets, the Aggressive 20x Challenge is a highly sought-after programme. As there are no constraints, this programme is for you if you feel you can manage the responsibility of prudent risk management.
20x Challenge Objectives
The 20x Challenge has four levels. Each level consists of a single task with a set of identical goals. You begin with the Level 1 challenge and progress to Level 4 over time. As long as you haven’t reached a loss cap and finish the challenge in the black, you have 30 days to complete each level and can restart it for free. Restarts at no cost are limitless. No minimum number of trading days is necessary. As soon as you reach the profit goal, you advance to the next level. Any trading method or approach is acceptable, but you must adhere to the maximum lot size restrictions. Check out the Aggressive 20x Challenge if you wish to trade the 20x Challenge without any lot size restrictions.
30x Challenge Objectives
The 30x Quest has five levels. Each level consists of a single challenge with unique goals and account sizes. As long as you haven’t reached a loss cap and finish the challenge in the black, you have 30 days to complete each level and can restart it for free. Restarts at no cost are limitless. No minimum number of trading days is necessary. As soon as you reach the profit goal, you advance to the next level. Any trading method or approach is acceptable, but you must adhere to the maximum lot size restrictions.
20x Challenge Aggressive Objectives
The Aggressive 20x Challenge has 5 levels. Each level consists of a single task with a set of identical goals. As long as you haven’t reached a loss cap and finish the challenge in the black, you have 30 days to complete each level and can restart it for free. Restarts at no cost are limitless. There are no limits for the minimum number of trading days, no limitations on your trading style, and no lot size limitations. As soon as you reach the profit goal, you advance to the next level.
Maximum Lot Sizes
The Maximum Lot sizes below apply to the 20X Challenge & 30X Quest. If you want to trade with no lot size restrictions, check out the Aggressive 20X Challenge.
The maximum number of lots that may be open on your account at any given moment is indicated by the lot sizes below. They stand for your trading’s maximum lot size per $100,000. Hence, you can multiply these sums by 5 if you trade with a 500k account.
While you are free to open as many positions as you want, you need to ensure that the total lot size that is open at any given time does not exceed the values in the table below.
Please take note that the total risk permitted open on the account is 4 open lots in the FX markets. Then, you are unable to open 8 Lots on ETH, 10 Lots of US $500, and so forth.
It’s recommended to choose only one market and trade it using the lot size listed below if you want to keep things straightforward.
|Market||Max Lot Size (100k Account)|
|All FX Pairs (eg EURUSD, USDJPY, GBPCAD etc) (1 lot = 100,000)||4|
|Index CFDs (eg. US30, USTECH, US500, GER30 etc)||10|
|Metals CFDs (eg XAUUSD.pro, XAGUSD.pro)||2|
|OIL CFDs (eg USOIL, UKOIL)||50|
|Index Futures eg (S&P.fs, Nas100.fs, DJ30.fs, DAX40.fs etc)||1|
|Commodities Futures (eg Gold.fs, Silver.fs, WTI.fs etc)||2|
|Natural Gas Futures (NATGAS.fs)||0.5|
There is a completion bonus for each level. The prop program does not use a profit share percentage. With each level you accomplish, you receive a payout.
You will receive your level 1 reward and your credentials to trade the Level 2 Challenge as soon as you complete the Level 1 Challenge. You will receive the Level 2 reward and your credentials to trade the Level 3 Challenge as soon as you complete the Level 2 task, and so on.
For instance, if you participate in the “20x Challenge 200” programme and successfully complete the Level 1 Challenge, you will be paid $200. The Level 2 Challenge will then be traded. You will receive a $600 payment if you complete the Level 2 Challenge. The Level 3 Challenge is then traded, and successful completion of that level will earn you $1200. The Level 4 Challenge will be traded in the end, and you will receive a $2,000 payment for completing that level. You will have transformed your $200 fee into $4,000 once you complete Level 4 of the “20x Challenge 200”! The same programme can then be restarted without charge.
You will receive your level 4 reward once you have completed the level 4 challenge. By this time, you will have 20 times your initial investment and the biggest reward in the programme! However, you can resume the programme for nothing and get all the payments once more.
Traderseed use the Axi broker. This is a great advantage as Axi are one of the most well-known and respected brokerage firms in the industry. They are regulated and provide excellent trading conditions including tight spreads, low commission fees and quick trade execution speeds. The Axi accounts are raw spread PRO accounts with 1:100 leverage. Commission on FX is $7 per round turn. Axi also offer many commission free CFD & futures markets.
All of the Traderseed challenges are traded on the industry standard platform, MetaTrader 4 (MT4). This is widely regarded as the best forex trading platforms that is utilised by millions of retail and professional traders all over the globe. It has a quick learning curve and user-friendly interface that can be fully customised according to your individual preferences.
The MT4 platform has an abundance of robust trading tools for conducting market analysis across multiple chart types and timeframes. You can take advantage of thousands of free and paid add-ons to further enhance the capabilities of the platform and make informed trading decisions. Whatever your manual or automated trading strategy, MT4 makes placing and managing trades a breeze.
Unfortunately, Traderseed does not currently provide the MT5 platform. You could in theory copy trades from MT5 to MT4, but this is not ideal and may be susceptible to slippage. If you are already familiar with the MT5 platform and looking for a prop firm that has it, Funded Trading Plus are an alternative option to consider.
Traderseed allow you to trade forex, commodities, indices and cryptocurrency. There is a decent range of financial instruments covering a variety of asset classes. You will find major, minor and exotic currency pairs along with precious metals including gold.
The Weekly Newsletter is read by thousands of traders each week and is sent straight to your inbox, every Monday. It contains some in-depth analysis with annotated charts that can be used to help inspire trade ideas. On the website you can also find a 3-part video series that covers some of the essential trading tools for prop traders.
Overall, Traderseed have something different to offer. They were created as a no-fee substitute for trading with a prop firm, yet it nevertheless provides potential returns for a small price. For traders who are already successful, prop firms present a fantastic opportunity. Nonetheless, the vast majority of traders create withdrawals and fail prop firm evaluations. In actuality, the majority never receive funding and wind up investing significant sums of money in pointless studies of prop firms.
With cheap initial expenses and generous prizes for completing challenges, Traderseed was created to assist traders in honing their skills in trading prop challenges. Traderseed may therefore be a better alternative for the vast majority of traders who are not yet lucrative, even though compensation for already profitable traders will probably be lower than with a prop business.
The trader is also risk-free after completing the first level of the challenge, so if they fail, they can use that money to try again. Traderseed also offer a complete refund after that. Rather than directly competing with the prop companies, they are attempting to offer something unique.
Traderseed provide simple prop trading programs that are designed to help traders improve their trading skill and knowledge whilst rewarding them with payouts as they pass each stage.