Traders Launch is a US-based proprietary trading firm founded in 2023 by CEO Max Thomas. The firm operates as Traders Launch LLC and has positioned itself as a trader-first prop firm focusing on simplicity, daily payouts, and zero funded-account fees. Traders Launch has an active Discord community of over 3,000 traders. The firm reports zero denied payouts across all market conditions, with an all-time highest single payout of $54,500 and a median payout processing time of approximately 6 hours and 20 minutes.

Traders Launch currently offers two product lines: a futures program (trading CME Group contracts) with account sizes of $100K, $200K, and $300K, and a crypto program (trading BTC, ETH, SOL, and XRP) with account sizes of $5K, $10K, and $20K. Both programs use end-of-day (EOD) drawdown, offer daily payouts with no caps, charge zero fees once funded, and allow up to 5 simultaneous funded accounts per trader. You can choose between a 55% standard or 80% premium profit split on futures, and the crypto program offers an 80% split across all accounts.
In this review you will find every technical detail across both programs: evaluation parameters, drawdown mechanics, session options, scaling rules, payout structure, trading platforms, instruments, inactivity rules, prohibited practices, and our data-backed analysis and opinions.
How Traders Launch Works: The Two-Stage Model
Traders Launch operates on a two-stage funding model for both futures and crypto:
- Stage 1 — Evaluation: Pay a monthly subscription fee to access a simulated evaluation account. The objective is to reach the profit target while staying within EOD drawdown limits, respecting the 40% consistency rule, and completing at least 3 trading days. There is no time limit; the subscription continues until the you pass or cancel. The 40% rule and minimum trading days apply only during this evaluation phase.
- Stage 2 — Funded Account: After passing, you receive a funded account where they can earn real payouts. All consistency rules are dropped at the funded stage. No activation fees, no monthly fees, no payout caps, and daily payout eligibility. All funded traders are eventually moved to live accounts that trade real market conditions. You can merge multiple funded accounts and hold up to 5 funded accounts simultaneously.
β‘οΈ The firm explicitly states: "We do not offer intraday equity trailing drawdown as we consider it predatory." All accounts across both programs use end-of-day drawdown exclusively.
Traders Launch Futures Program Overview
The futures program offers three account sizes: $100K, $200K, and $300K; with two session options: NYC Session and 22-Hour Session, plus two profit split tiers (55% standard and 80% premium). The session and split selection directly affects pricing, profit targets, starting contract sizes, and drawdown amounts.
Traders Launch structures its futures program around a single, clearly stated philosophy: no restrictions once you're funded. You can hold up to five funded accounts simultaneously, scaling total capital up to $1.5M. The evaluation mechanics are consistent across tiers:
- EOD trailing drawdown that locks at the starting balance,
- a 40% consistency rule during evaluation only,
- and no daily loss limit.
What changes between configurations is pricing, session window, profit target, drawdown amount, and starting contract size. After analyzing each program, we summarized the evaluation parameters for you below, take a look.
1. Futures Evaluation Parameters for the 22-Hour Session (80% Split)
The 22-hour session evaluation has no daily loss limit, no monthly subscription or fees once funded and unlimited time to pass. If you need pre-market, overnight, or international session access, the 22-Hour is the right choice.
|
Parameter |
100K |
200K |
300K |
|
Monthly Subscription |
$159 |
$299 |
$599 |
|
Profit Target |
$2,000 |
$4,000 |
$6,000 |
|
Max Drawdown (EOD) |
$1,000 |
$2,000 |
$3,000 |
|
Drawdown Lock |
Locks at starting balance |
Locks at starting balance |
Locks at starting balance |
|
Starting Size |
2 mini / 20 micros |
4 mini / 40 micros |
6 mini / 60 micros |
|
Max Contracts (Scaled) |
15 mini |
15 mini |
15 mini |
|
Consistency Rule |
40% (eval only) |
40% (eval only) |
40% (eval only) |
|
Min Trading Days |
3 |
3 |
3 |
2. Futures Evaluation Parameters for the NYC Session (80% Split)
The NYC Session trades exclusively during 9:30 AM to 4:00 PM EST, which is US equity market hours only.
|
Parameter |
100K |
200K |
300K |
|
Trading Hours |
9:30 AM – 4:00 PM EST |
9:30 AM – 4:00 PM EST |
9:30 AM – 4:00 PM EST |
| Monthly Subscription | $99 | $149 | $279 |
|
Profit Target |
$2,000 |
$3,000 |
$5,000 |
|
Max Drawdown (EOD) |
$1,000 EOD. Locks at Starting Balance | $1,000 EOD. Locks at Starting Balance | $2,000 EOD. Locks at Starting Balance |
| Starting Size | 5 Micros | 1 Mini or 10 Micros | 2 Mini or 20 Micros |
| Max Contracts (Scaled) | 15 mini | 15 mini | 15 mini |
| Consistency Rule | 40% (eval only) | 40% (eval only) | 40% (eval only) |
| Min Trading Days | 3 | 3 | 3 |
π Main differences we found between these sessions:
| NYC Session | 22-Hour Session |
|
π΅ It is cheaper per month but has tighter drawdown, higher profit targets, and trades only during US market hours (9:30 AM – 4:00 PM EST). π΅ For the 300K account specifically, the NYC Session has a $5,000 profit target and $2,000 EOD drawdown |
π’ It costs more but provides wider drawdown, lower relative profit targets, more starting contracts, and the flexibility to trade from 6:00 PM to 4:00 PM EST. π’ For the 300K account specifically, the 22-Hour Session's $6,000 target and $3,000 drawdown. |
Futures EOD Drawdown by Session
The 55% profit split tier is available at lower monthly subscription prices across all account sizes. If you are choosing the 55% split, you pay less upfront but keep a smaller share of profits once funded. The rules and drawdown mechanics remain the same regardless of which split is selected:
|
Account Size |
NYC Session EOD Drawdown |
22-Hour Session EOD Drawdown |
|
$100,000 |
$800 |
$1,000 |
|
$200,000 |
$2,000 |
$2,000 |
|
$300,000 |
$2,000 |
$3,000 |
Crypto Program Overview
The crypto program launched as a newer addition to Traders Launch, offering funded accounts for trading BTC, ETH, SOL, and XRP with 5x leverage. All crypto accounts use 80% profit split with EOD drawdown and 24/7 trading availability. You can hold up to to 5 funded crypto accounts simultaneously.
Crypto Evaluation Parameters
|
Parameter |
Crypto 5K |
Crypto 10K |
Crypto 20K |
|
Monthly Subscription |
$20 |
$69 |
$199 |
|
Profit Target |
$200 |
$500 |
$1,500 |
|
Max Drawdown (EOD) |
$200 |
$500 |
$1,500 |
|
Leverage |
5x |
5x |
5x |
|
Buying Power (with leverage) |
$25,000 |
$50,000 |
$100,000 |
|
Profit Split |
80% |
80% |
80% |
|
Tradable Assets |
BTC, ETH, SOL, XRP |
BTC, ETH, SOL, XRP |
BTC, ETH, SOL, XRP |
|
Trading Hours |
24/7 |
24/7 |
24/7 |
|
Monthly Fee Once Funded |
$0 |
$0 |
$0 |
The crypto program's profit-target-to-drawdown ratio is 1:1 on all account sizes, meaning there is zero margin for error; you must hit the profit target without any net drawdown from your starting point. This is one of the tightest configurations in the crypto prop firm space.
π The $20/month entry point for the 5K account makes it one of the most affordable prop firm evaluations available in any asset class.
Drawdown Mechanics: End-of-Day (EOD) Drawdown for All Accounts
All Traders Launch accounts (futures and crypto) use end-of-day drawdown based on closing balance only, not intraday equity. The drawdown updates once daily at market close. Intraday equity swings do not affect the drawdown threshold. This is the more forgiving drawdown type and the firm explicitly positions this as a competitive advantage, stating they consider intraday equity trailing drawdown to be "predatory."
π How EOD drawdown works: A practical example with $100K futures, 22-Hour, and $1,000 drawdown:
- Starting drawdown threshold: $100,000 - $1,000 = $99,000 (but note the FAQ states $99,200 for some configurations)
- Day 1: Make $400 → drawdown stays at initial level
- Day 2: Lose $200 → drawdown stays at same level
- Day 3: Make $200 → drawdown still unchanged
- Once the account reaches $100,000 + drawdown amount (e.g., $101,000) → the drawdown locks permanently at starting balance ($100,000)
Drawdown lock: Once the EOD drawdown trails up to the starting balance, it locks permanently and stops trailing. From that point, no matter how much the account grows, the breach level is fixed at the starting balance. This provides permanent breathing room for profitable traders.
No Daily Loss Limit
Traders Launch does not enforce a daily loss limit on any account type. The only risk rule is the EOD drawdown. This is a meaningful simplification — many competitors layer daily loss limits on top of drawdown rules, creating additional breach points.
The 40% Consistency Rule Applies Only to the Evaluation Phase
During the evaluation phase, the 40% rule applies: no single trading day's profit can exceed 40% of your overall profits. If exceeded, you must continue trading until that day's profit falls below the 40% threshold. This rule is designed to prevent gambling behavior and encourage consistent trading patterns. The minimum requirement of 3 trading days works in conjunction with this rule.
A Critical Point: The 40% rule disappears entirely once you get funded. On funded accounts, there are no consistency rules whatsoever.
β This is one of Traders Launch's strongest selling points; maximum trading flexibility at the funded stage.
Futures: The Scaling Plan
Futures funded accounts start with a limited number of contracts and scale up as profits grow:
- Starting contract size depends on account size and session (e.g., 2 mini / 20 micros for 100K 22-Hour)
- Scale: +1 mini contract per +1% account growth
- Maximum: 15 mini contracts across all account sizes
- Scaling applies automatically as your balance increases
|
Account Size |
Starting Contracts (22-Hour) |
Max Contracts |
|
$100,000 |
2 mini / 20 micros |
15 mini |
|
$200,000 |
4 mini / 40 micros |
15 mini |
|
$300,000 |
6 mini / 60 micros |
15 mini |
What Is Traders Launch Payout Structure?
Traders Launch's payout system is one of its advantages since they issue payments on a daily basis. You are eligible to receive a payment every day.
- Payout Frequency: Daily — eligible every trading day
- Payout Caps: None. There are no limits on withdrawal amounts.
- Payout Processing: Same-day processing, payment completed within 3 days
- Payment Methods: Bank wire or cryptocurrency
- Minimum Payout Threshold: Must be above +1% profit on funded account to request a payout
- Profit Split: 55% (standard) or 80% (premium) on futures; 80% on crypto
- No Activation Fees: Only the monthly evaluation fee applies; billing pauses after passing
- Zero Payout Denials: The firm claims zero denied payouts across all market conditions
β The combination of daily payouts, no caps, no activation fees, and no funded-account fees creates one of the cleanest payout structures in the prop firm industry. The +1% profit threshold before first payout eligibility is the only gating condition — once met, payouts refresh daily.
Trading Platforms Available
Traders Launch supports three trading platforms for futures: Quantower, TradingView, and Volumetrica. Take a look at these platforms' details:
• Quantower: Advanced multi-asset platform with depth-of-market visualization, custom indicators, and analytics
• TradingView: Industry-leading charting platform with trade execution capability
• Volumetrica: Specialized volume analysis and order flow trading platform integrated with Interactive Brokers
The firm partners with Interactive Brokers as its primary execution broker. All funded traders are moved to live accounts that trade real market conditions. Multiple funded accounts can be merged into a single account for simplified management.
π The crypto program's trading platform is not explicitly named but is accessible through the Traders Launch dashboard.
Tradable Instruments at Traders Launch
Futures
All CME Group futures contracts are available, with primary instruments including:
• Equity Index Futures: ES (S&P 500), NQ (Nasdaq-100), YM (Dow Jones), and their micro equivalents (MES, MNQ, MYM)
• Metals: GC (Gold)
• Energy: CL (Crude Oil)
• Additional futures contracts are available. The firm states "all futures contracts" are tradable.
Crypto
Four major cryptocurrencies are available with 5x leverage:
• BTC (Bitcoin)
• ETH (Ethereum)
• SOL (Solana)
• XRP (Ripple)
Account Limits
You can hold a:
- Maximum of 5 funded futures accounts simultaneously
- Maximum of 5 funded crypto accounts simultaneously
- Maximum of 5 evaluation accounts at a time
Additionally:
- Funded accounts can be merged
- All funded traders are moved to live accounts
- Scaling to up to $1.5 million total capital (across 5 × $300K futures accounts)
Are There Any Inactivity Rules?
Yes. And there are different inactivity requirements apply to each phase:
• Evaluation phase: Minimum 1 trade per week. The account is deactivated if not met
• Funded stage: Minimum 1 trade per month. The account is paused if not met, but trader remains eligible for profits and payouts
Trading Hours
A distinctive feature this firm has is that its proposals are accounts or plans with two session alternatives. Yes, two session options are available for futures:
- NYC Session: 9:30 AM – 4:00 PM EST. It is focused on US market hours with highest liquidity and tightest spreads.
- 22-Hour Session: 6:00 PM – 4:00 PM EST. It consists of a broad session covering Asian, European, and US markets with more flexibility.
β If you choose the Crypto accounts, you can trade 24/7 with no session restrictions.
News Trading
Traders Launch does not explicitly restrict news trading. Traders can trade during any market event, including high-impact economic releases (NFP, CPI, FOMC, etc.), on both evaluation and funded accounts.
Company Information
|
Detail |
Information |
|
Company, Country & CEO |
Traders Launch LLC, United States - CEO: Max Thomas |
|
Founded |
2023 |
|
Execution Broker |
Interactive Brokers |
|
All-Time Highest Payout |
$54,500 |
|
Median Payout Processing |
~6 hours 20 minutes |
|
Discord Community |
3,000+ traders |
|
Asset Classes |
CME Futures and Crypto (BTC, ETH, SOL, XRP) |
|
Platforms |
Quantower, TradingView, Volumetrica |
|
Max Accounts |
5 funded futures + 5 funded crypto |
Competitor Comparison: How Does Traders Launch Compare to Other Prop Companies?
Traders Launch's main competitive advantages include the lowest profit target in the industry (2% on futures), daily uncapped payouts, zero funded-account fees, no consistency rules once funded, EOD-only drawdown, Interactive Brokers execution, and a crypto program starting at $20/month.
Its main trade-offs: the tightest drawdown in the industry ($1,000 on $100K = 1%), a lower profit split (80% max vs. 90–100% at competitors), limited starting contract sizes requiring scaling, fewer supported platforms, for example, NinjaTrader/Tradovate/Rithmic are not available, a relatively short operating history (founded 2023), and limited crypto asset selection with only 4 coins to choose from.
|
Feature |
Traders Launch (100K Futures, 22-Hour, 80%) |
Apex Trader Funding (100K) |
Tradeify (100K Growth) |
My Funded Futures (100K Rapid) |
Topstep (100K) |
|
Eval Steps |
1 |
1 |
1 |
1 |
1 |
|
Fee |
$159/mo |
~$198/mo (one-time) |
~$267/mo |
~$267/mo |
~$149/mo |
|
Fee Type |
Monthly subscription |
One-time (30-day expiry) |
Monthly subscription |
Monthly subscription |
Monthly subscription |
|
Profit Target |
$2,000 (2%) |
$6,000 (6%) |
$6,000 (6%) |
$6,000 (6%) |
$6,000 (6%) |
|
Max Drawdown |
$1,000 EOD (1%) |
$3,000 (intraday or EOD) |
$3,000 EOD |
$3,000 EOD |
$3,000 EOD |
|
Daily Loss Limit |
None |
None (EOD) / DLL (EOD) |
None |
None |
None |
|
Consistency (Eval) |
40% (+ 3 min days) |
50% |
None (Growth) |
50% |
50% |
|
Consistency (Funded) |
None |
50% |
35% (Growth) |
None (Rapid) |
None |
|
Profit Split |
80% |
100% (PA accounts) |
100% first $15K, then 90% |
90% |
90% |
|
Payout Frequency |
Daily |
Every 5 trading days |
Every 5 days |
Daily (Rapid) |
Weekly |
|
Payout Caps |
None |
None |
Per-account caps |
$500 min (Rapid) |
Varies |
|
Activation Fee |
$0 |
$0 |
$0 |
$0 |
$0 |
|
Monthly Fee (Funded) |
$0 |
$0 |
$0 |
$0 |
$0 |
|
Scaling |
+1 mini per +1% growth (max 15) |
Built-in |
Starts limited, scales |
Full contracts |
Scaling plan |
|
Starting Contracts |
2 mini / 20 micros |
8 mini / 80 micros |
Varies |
10 mini / 100 micro |
10 mini |
|
Platforms |
Quantower, TradingView, Volumetrica |
Rithmic, Tradovate, WealthCharts |
Tradovate, NinjaTrader, TradingView + |
NinjaTrader, Tradovate, TradingView + |
TopstepX |
|
Path to Live |
Yes (all funded = live) |
By invitation |
Yes (Tradeify Elite) |
Yes |
Yes (XFA → Live) |
|
Crypto Available |
Yes ($5K–$20K) |
No |
Yes (Tradeify Crypto) |
No |
No |
Is Traders Launch for Me? PropFirmsFinder Conclusion
Traders Launch is built around one core principle: make funded trading as clean as possible. No consistency rules, no payout caps, no fees, and daily withdrawals. The partnership with Interactive Brokers for execution and the transition to live accounts gives the program institutional backing. If you are a futures trader who prioritize post-funding freedom over generous evaluation room, this is a strong value proposition.
The firm's strongest differentiator is its profit target structure. At 2% ($2,000 on a $100K account for the 22-Hour session), Traders Launch has the lowest profit target in the futures prop firm industry. Combined with only 3 minimum trading days and no time limit, traders can theoretically pass the evaluation and receive their first payout within a week. The marketing claim of "3 days to your first payout, then every day after that" is technically accurate under ideal conditions.
The trade-offs are front-loaded in the evaluation. A $1,000 EOD drawdown on a $100K account is 1% of capital — one bad NQ session can end your account before the drawdown locks at starting balance. Starting at 2 mini contracts on the 22-Hour 100K means you're building slowly. Traders coming from firms offering 3–5% drawdown need to resize significantly. The 80% profit split ceiling also trails competitors offering 90%+, and the three-platform lineup (Quantower, TradingView, Volumetrica) rules out NinjaTrader and Rithmic-native setups.
β Best fit: CME futures day traders who value the EOD drawdown over intraday trailing and want the lowest profit target in the industry (2%), daily payouts from day one of funding, and zero recurring costs post-evaluation. Also strong for crypto traders — the $20/month 5K account is the cheapest funded evaluation available in any asset class, with 5x leverage across BTC, ETH, SOL, and XRP.
The NYC vs. 22-Hour session choice is a strategic decision: NYC costs less but restricts you to US hours with tighter parameters; 22-Hour costs more but widens drawdown and unlocks pre-market and overnight access.
β Not the right fit if you need drawdown above 1% during evaluation, a 90%+ profit split, NinjaTrader or MetaTrader, account sizes above $300K, or a firm with five-plus years of operating history. The 1:1 profit-target-to-drawdown ratio on crypto accounts also demands flawless execution; there is no margin for a net negative close during the evaluation.
For futures and crypto traders who value daily payouts, zero funded-account costs, EOD drawdown, and the simplest possible funded-account rule set, Traders Launch offers a compelling package.
Pros
- EOD drawdown model across evaluation accounts (no trailing traps)
- Profit split starting at 80%
- Evaluation fees are 100% refundable with the first funded payout
- Supports platforms such as Quantower and TradingViwe
- EA and automated trading friendly with very few strategy restrictions
- Massive scaling potential reaching up to $2 million in allocation
- No time limits on evaluation phases
Cons
- No Instant Funding accounts available
- Daily loss limits are strictly enforced and can result in immediate account breach
- Consistency rules may apply to Instant Funding payouts to prevent 'windfall' gambling
- Limited to Forex, Crypto, and CFDs; no direct Futures market access
- Minimum withdrawal thresholds may apply (typically $100)
- Relatively new firm compared to veterans like FTMO or The5ers