Our Verdict
Traders Launch is a well-balanced prop firm best suited for News Traders and Algo Traders. It stands out for its flexible trading rules.
Pros
- Good 80% profit split
- Reasonable price ($99)
- Scalping allowed
- News trading allowed
- EA/Bots allowed
Cons
- Strict 3% daily limit
- Tight 6% max drawdown
- No weekend holding
Best For
- Beginners
- News traders
- Algo traders
Avoid If
- Need more daily buffer
- Hold over weekends
Key Stats
Starting From
$99
Profit Split
80%
Daily DD
3%
Max DD
6%
Account Sizes
$25K
$50K
$100K
$150K
Trading Rules
Scalping
News Trading
Weekend Holding
Hedging
EA / Bots
Free Retry
Platforms
NinjaTrader
Tradovate
TradingView