- Evaluation options with instant funding and a 4.6/5 Trustpilot rating.
- Funding potential up to $1,000,000 with bi-weekly withdrawals.
- Scalable profit split reaching 90% and unlimited trading period.
- No minimum trading days with overnight & weekend holding.
- Permission for news trading and weekend crypto trading.
Leveled Up Society
- Account balance up to $1,000,000 with boundless evaluation retries
- Profit shares of 80% to 90% with fortnightly distributions
- Open positions permitted overnight and on weekends
- Account scaling features with 1:100 leverage
- Comprehensive trading assets: forex, commodities, and more.
Cons โ
Glow Node
- Low 1:30 leverage on all funding programs
- Expensive one-time fee for instant funding
Leveled Up Society
- Trailing drawdown for single-step accounts
- Martingale tactic is off-limits
- Restrictions on news-based trading
Rules ๐
Glow Node
Maximum Daily Loss, Maximum Loss, No Martingale Allowed, Profit Target, Third Party Copy Trading Risk, Third Party EA Risk
Leveled Up Society
Maximum Daily Loss, Maximum Loss, Minimum Trading Days, No Martingale Allowed, No News Trading, Profit Target, Third Party Copy Trading Risk, Third Party EA Risk
Glow Node vs. Leveled Up Society: Prop Firm Face-Off
When it comes to choosing a suitable proprietary trading firm, traders are often inundated with a myriad of features, rules, and financial opportunities that can easily overwhelm the decision-making process. In this comparison, we shine a light on two notable players in the prop trading space: Glow Node and Leveled Up Society, laying out their offerings for a clear-cut showdown.
Instant Funding and Scalability: Glow Node's Edge
Glow Node offers a tantalizing proposition for traders looking for to hit the ground running, with evaluation options that lead to instant funding โ a godsend for those who'd rather avoid the nerve-wracking evaluation periods. With funding potential peaking at a staggering $1,000,000 and a profit split that can escalate to a whopping 90%, Glow Node positions itself as a growth-oriented haven for efficient traders.
One of the standout perks is the allowance for overnight and weekend holding, which provides a degree of flexibility rare in the conservative throes of proprietary trading norms. Moreover, the liberty to trade the news and dabble in weekend crypto trading is an attractive proposition for those looking to capitalize on every market pulse.
Leveled Up Society: The Ever-Challenging Prop Platform
Leveled Up Society mirrors the million-dollar account potential and offers a high profit share, demonstrating an aligned vision with traders who aspire for hefty paydays. The addition of 1:100 leverage introduces a power play into the mix, enabling traders to amplify their bets in the volatile world of trading.
What sets Leiled Up Society apart is its seemingly infinite patience with traders via boundless evaluation retries. This could be a double-edged sword, however, either instilling discipline or fostering a dangerous trial-and-error mentality. Nevertheless, the comprehensive range of trading assets including forex and commodities, ensures that traders have a vast battlefield to conquer.
The Finer Print: Firm Rules and Restrictions
Both firms enforce a Maximum Daily Loss and Maximum Loss policy, maintaining a risk-averse approach pivotal for longevity in the trading world. Although the prohibition of the Martingale strategy is typical, it implicitly nudges traders toward more sustainable risk management techniques.
Leveled Up Society takes a more stringent route by setting restrictions on news-based trading and imposing a minimum trading days guideline, possibly stifling the freedom of reactionary traders but also buffering against rash decision-making induced by the tumultuous news cycle.
Funding and Withdrawals: Keeping it Conventional and Crypto-Inclusive
In the arena of deposits and withdrawals, both firms tread common ground with Deel as a withdrawal avenue. Yet, Glow Node presents a more traditionalist picture with bank wire and credit/debit card options for depositing funds, while Leveled Up Society embraces the crypto wave, reflective of a modern bent that might allure the tech-savvy trader.
Account Offerings & Tradeable Instruments
Glow Node brandishes a diverse range of account sizes, catering to a spectrum of trader profiles from the modest to the magnanimous. This diversity can be seen as an attempt to democratize the trading experience, tailoring to both the seasoned trader and the ambitious novice.
Both firms score equally on the instrument front, offering a brimming portfolio of commodities, crypto, forex, indices, and metals, acknowledging the significance of variety in a trader's armory for battling the markets.
Conclusion: Picking Your Trading Arena
Both Glow Node and Leveled Up Society present robust and competitive prop firm options, but with distinctly different flavors. Glow Node strikes as a more fluid and trader-friendly environment with fewer restrictions and enticing profit shares. The instant funding feature is a definite head-turner for those keen on instantaneous action.
Meanwhile, Leveled Up Society stands as a bastion for the methodical, risk-considerate trader, with structural barriers that could embolden discipline. The leverage feature and boundless retry policy may tip the scales for the tenacious trader with an eye for resilience.
At the end of the day, your choice hinges on your trading style, risk appetite, and the premium you place on certain freedoms versus restrictions. Prosperity in trading is a personal journey, and your prop firm should be the vessel that best fortifies that voyage.