If you’re searching for a transparent and honest Traders With Edge review, you’ve landed on the right page.
In this guide, we’ll explore everything about Traders With Edge — from funding options, challenges, payouts, to what makes them different from other prop firms.
By the end, you’ll know if this prop firm is the right fit for your trading journey.
What is Traders With Edge?
Traders With Edge is a proprietary trading firm (prop firm) that provides traders with capital to trade the forex and CFD markets.
Instead of risking your own money, you can trade their funds and keep a share of the profits. This model helps aspiring and experienced traders scale quickly without the stress of blowing their own accounts.
Founded in Australia, Traders With Edge has become popular for:
- Flexible funding models
- Unique challenge options (including turtle and hare accounts)
- Trader-friendly rules (no hidden tricks)
Their mission is to build “a world where more traders succeed.”
Key Features of Traders With Edge
Let’s dive into what makes Traders With Edge stand out in the crowded prop firm industry.
1. Funding Options
Traders With Edge offers two primary ways to get funded:
✅ Instant Funding:
No challenge. Pay a fee and start trading right away on a live funded account.
✅ Evaluation Challenges:
Prove your skills by passing their evaluation (choose from the Hare Challenge or Turtle Challenge). Once you pass, you’ll receive a funded account.
2. Turtle vs. Hare Challenge
This is where Traders With Edge truly innovates.
Feature | Turtle Challenge | Hare Challenge |
Trading Days | No minimum | Minimum 10 trading days |
Profit Target | Lower | Higher |
Drawdown | More relaxed rules | Tighter rules |
Style | For swing traders & patient traders | For aggressive day traders |
This flexibility helps traders choose an evaluation that best matches their trading style.
3. Profit Splits & Scaling
- Profit Split: Starts at 80% and can go up to 90% as you scale.
- Scaling: If you consistently perform well, your funded capital can increase over time — some traders grow to manage $1 million+ accounts.
4. Trading Rules
Traders With Edge stands out because they:
✅ Allow news trading
✅ Allow holding trades overnight & over weekends
✅ No lot size restrictions
✅ No forced stop losses
This gives you real-world flexibility to trade your strategy.
How Do Payouts Work?
Traders With Edge pays traders via popular methods like:
- Bank transfers
- Crypto (BTC, USDT)
- Wise (formerly TransferWise)
Payouts are typically processed within 7 business days, making it one of the faster prop firms.
Is Traders With Edge Legit or a Scam?
Given the number of new prop firms popping up, it’s smart to be cautious.
Based on extensive research, Traders With Edge is:
✅ Registered in Australia (ASIC regulated)
✅ Has hundreds of verified Trustpilot reviews (4.6+ star rating)
✅ Pays traders reliably, with many payout proofs on social media and forums.
So, yes — Traders With Edge is a legit prop firm in 2025.
Pros & Cons of Traders With Edge
✅ Pros
- Flexible challenges (Turtle vs. Hare)
- Instant funding option available
- High profit splits (up to 90%)
- News trading & overnight holds allowed
- Quick payouts
❌ Cons
- Still relatively new compared to FTMO or MyForexFunds
- No MetaTrader 5 (only MT4 and TradingView integrations for some brokers)
- Evaluation fees are non-refundable if you fail
Who Should Use Traders With Edge?
Traders With Edge is ideal for:
🎯 Experienced retail traders who want more capital.
🎯 Swing traders or position traders (the Turtle challenge is designed for them).
🎯 Forex, indices & commodities traders who like flexibility.
If you’re a scalper who dislikes any evaluation, you might prefer instant funding, though be prepared for higher initial fees.
How Does Traders With Edge Compare to Other Prop Firms?
Feature | Traders With Edge | FTMO | MyForexFunds |
Min. Trading Days | None (Turtle) | 10 | 5 |
Max Drawdown | Up to 12% | 10% | 12% |
Profit Split | 80-90% | 80% | 80-85% |
Instant Funding | Yes | No | Yes |
Traders With Edge stands out for its custom challenge options and flexible rules.
Final Verdict: Is Traders With Edge Worth It?
Absolutely — if you’re looking for a flexible, modern prop firm.
They give traders plenty of choices to suit different styles, have fair rules, and pay out reliably.
Still, remember: no prop firm is a free ticket to riches. You must have a proven, disciplined strategy to succeed.
FAQs About Traders With Edge Review
Is Traders With Edge regulated?
They’re registered in Australia but operate globally. They are not strictly regulated like a bank, similar to other prop firms.
Does Traders With Edge refund the fee if I fail?
No. Evaluation fees are non-refundable. This is common across all prop firms.
Can I hold trades over the weekend?
Yes! This is a big plus with Traders With Edge — you can hold trades overnight and over weekends.
What platforms do they use?
Primarily MetaTrader 4 (MT4). They also offer TradingView broker integrations.
How fast are payouts?
Usually processed within 7 business days, often faster.