Traders Launch

Traders Launch is a futures prop firm, run by Traders Launch LLC in Philadelphia, that also sells crypto funded accounts, all through a one-step evaluation with no Phase 2. It describes itself as a performance-based funding program for futures and crypto traders, aimed at people who already know how to trade futures. Its pitch rests on a one-time evaluation fee with no activation fee, an end-of-day (EOD) drawdown with no intraday trailing, no consistency rule once funded, and same-day processing of eligible payouts. Futures accounts come in $100,000, $200,000 and $300,000 sizes at a 55% or 80% profit split, alongside Legacy NYC accounts that trade 9:30am–4:00pm ET; crypto accounts run from $5,000 to $20,000 at 80% on BTC, ETH, SOL and XRP.

On the standard futures accounts the profit target is $2,000, $4,000 or $6,000 against an EOD drawdown of $1,000, $2,000 or $3,000 that follows the closing balance up and locks at the starting balance. Legacy NYC targets are $2,000, $3,000 and $5,000, with drawdowns of $1,000, $1,000 and $2,000. The evaluation needs at least 3 trading days on futures and 4 on crypto, within 60 days; a futures trader above 50% of the target on day 60 gets a free 30-day extension. The Traders Launch rules that most often end or pause an account are the 40% single-day consistency rule in the futures evaluation, which auto-closes positions at the limit, the requirement to place at least 1 trade a week, a ban on hedging that covers correlated instruments such as long NQ against short ES, and an HFT filter that can pause an account when more than 10% of trades open and close within two seconds.

A Simfunded account can request a payout once it is above +1% profit, with no time restriction. Payouts are processed daily: USDT on Solana and ACH every 24 hours, wire transfers weekly. At $100,000 in cumulative payouts a trader is paused and becomes eligible for scaling opportunities. Futures evaluation fees range from $49 to $599 and crypto from $20 to $199, commission is $0.50 per side, and the terms allow no refunds except where fraudulent activity is involved.