The recently concluded Ultimate Fintech Awards (UFAwards) 2023 edition recognized Consummate Trader, a rapidly growing proprietary firm, as the best-emerging proprietary trading firm globally.
The top proprietary firm, Consummate Traders, offers retail traders big capital of up to $400,000 to trade with. with a profit share of up to 90%. It enables thousands of small-time traders to manage enormous accounts with higher profit margins. Consummate traders, in contrast to other prop companies, also provide synthetic indexes.
How do I register with Consummate Traders?
- First, >>Click Here<< to go to their official website.
- Fill in your details, e.g., your name, email, password, etc.
- Then click on sign up.
- You will get an email to confirm it’s you and also to activate the account.
- Go to your email to activate it and start trading large amounts of capital with consummate traders.
How do consummate traders operate?
Consummate Traders works by providing huge funds for retail traders to trade with huge capital. It’s one of the best prop firms with accommodating rules.
Consummate traders are categorized into five groups:
- Evaluation phase
- Express lite
- Express pro
- Synthetic
- Bi-Weekly Evaluation
THE EVALUATION PHASE:
In the evaluation phase, I will be emphasizing mainly the features that make it better and more accommodating than other prop firms.
- Consummate traders offer 90% profit splits, while some propfirms out there offer 70–80% profit splits. Let’s say you bought a funded account of $10,000 with $80, and after 1 month you made 15% of it, which is $1500. Consummate traders will give you $1350 and take $150. That is massive!
- No minimum trading days: This means that one can trade as many times as he wants in a week or month, and anytime you reach your profit target, you will be funded with a real account. Unlike other prop firms that have a minimum trading day,
- The profit target in Phase 1 is 8%, while the profit target in Phase 2 is 5%. Let’s say you bought a $10,000 account with $80. Once you make $800 you have automatically passed phase one. An extra $500 has made you pass phase two, and you will be funded with a real account of 10,000 to trade with.
- The maximum daily loss with consummate traders is 6%: which means that you should not lose more than 6% of any account you purchase in a day. Let’s say you have a recent equity of $10,000. You are not expected to lose $600 (i.e6%) on a particular day. It’s a flexible rule compared to some prop firms giving 4-5% daily loss.
- Maximum Loss (Draw Down) is 12%: In this evaluation phase, you are not expected to lose 12% of the account. So in a $10,000 account, you are not meant to lose $1,200. DD for other prop firms is around 8–10. This made consummate traders the leading prop firms.
Did you know that in the first month of being funded, you will receive 15% of your evaluation phase? The fee you paid to purchase the account will be refunded to you, and you will be paid up to 85% of the profit you made. Then the subsequent profit share will be 90%.
Packages in the evaluation phase include:
- $5,000 costs $49
- $10,000 costs $84
- $25,000 costs $199
- $50,000 costs $299
- $100,000 costs $499
- $200,000 costs $979
- $400,000 costs $1,849
Important note: If, after reading this review, you want to sign up for Consummate Traders, >>Click Here<< to sign up and go to their official site.
EXPRESS LITE:
Features of ExpressLite:
- Unlike the evaluation phase, where you have to pass two phases to get funded, In Express Lite, you only pass one (1) phase.
- The profit target is 10% of the capital you purchased in 60 days. Once you reach 10% of the capital you purchased, consummate traders will automatically fund you with a real account.
- There are no minimum trading days.
- The daily loss is 6%.
- The total drawdown is 10%.
- The profit split in ExpressLite is 80%.
Packages in ExpressLite include:
- $5k, which costs $69
- $15k costs $169
- $25k costs $269
- $50k costs $499
Important note: If, after reading this review, you want to sign up for Consummate Traders, >>Click Here<< to sign up and go to their official site.
EXPRESS PRO:
Features of Express Pro:
- Express Pro is for professional traders who don’t want to pass through the evaluation phase. That means Express Pro does not have any phases; you buy the account of your choice and start trading.
- The minimum trading day is 5 days. So you are expected to trade with the account for a minimum of 5 days before asking for withdrawals.
- The maximum loss for the whole capital is 5%. The trader is not to lose 5% of the account given to him in Express Pro.
- The profit split is 70%.
Packages in Express Pro include:
- $5000 costs $229
- $15,000 costs $669
- $25,000 costs $1119
- $50,000 costs $2229
Important note: If, after reading this review, you want to sign up with consummate traders, >>Click Here<< to sign up and go to their official site.
SYNTHETIC INDICES:
Features of synthetic indices:
- To get funded with the synthetic account, you have to pass Phase 1 which is 10% of the account you purchased, and phase 2 which is 8%. And you will be funded automatically with a real synthetic indices account.
- The maximum daily loss is 5%
- The maximum drawdown for the synthetic account purchased is 10%. That means one is not expected to lose 10% of the synthetic account
- The minimum trading day is seven (7). If you pass the phases within 5 or 6 days, Or any day less than 7 days, consummate traders may not fund you. That means you have to trade the synthetic account for at least seven days.
- The profit split for synthetic prop firms is 70%.
Packages in synthetic indices include:
- $5000 costs $99
- $10,000 costs $189
- $20,000 costs $294
Important note: If, after reading this review, you want to sign up for consummate traders, >>Click Here<< to sign up and go to their official site.
BI-WEEKLY EVALUATION:
Features of biweekly evaluations:
- In biweekly evaluation, after passing the evaluation phase, You can ask for withdrawals from the profit you made from your real-funded account every 2 weeks instead of monthly.
- The profit target here is 8% for Phase 1 and 5% for Phase 2. Then consummate traders will automatically fund you with a real account and you will get paid every 2 weeks (bi-weekly)
- There are no minimum trading days for biweekly evaluation.
- The maximum daily loss is 6% of any account you purchase.
- The maximum drawdown for the whole account is 10%. So try not to lose more than 10% of the account you purchased
Packages in biweekly evaluation are:
- $5000 cost $57
- $10,000 costs $97
- 25,000 costs $229
- $50,000 costs $344
- $100,000 cost $574
- $200,000 cost $1126
- $400,000 cost 2126
Important note: If, after reading this review, you want to sign up for Consummate Traders, >>Click Here<< to sign up and go to their site.
Are consummate traders legitimate?
Yes, consummateTraders is a legitimate prop firm. They have funded many retail traders with big accounts to step up their trading skills with so many proofs of withdrawals, without any hidden charges or fees.
How to deposit on a ConsummateTraders account:
You can deposit with consummate traders using the following method:
- Stablecoins: e.g., USDT-ETH, USDT-TRX
- Coins: e.g., Bitcoin, Ethereum, Litecoin
- Online Payment: e.g., card, USSD, instant payment, bank transfer
Are consummate traders worthwhile?
Yes, Consummate Traders is worth it. If you’re looking for a way to fund your Forex account and start trading with a huge amount of capital, Consummate Traders is definitely worth it as they can get funded without any hidden charges. There are so many testimonies of withdrawals, including from my students.
Who is the owner of Consummate Traders?
Consummate traders were found by Jeffery Benson and Habby Forex, popular Nigerian day traders whose main aim is to help upcoming African traders have access to big capital to trade with.
Is Consummate Traders a broker? Is it regulated?
Consummate Traders is a prop firm that provides traders with more capital to trade with. It partners with Kwakol Market Ltd. Kwakol is a regulated broker, ASIC-regulated, and licensed.
Is Consummate Traders a good prop firm?
Yes, consummate traders are a good prop firm. I have used it, and my students are using it too. Their customer support is always active to help out, they will fund you once you reach the profit target and also pay you once you are due for withdrawals. So go ahead and sign up to get funded.
Consummate Traders discount code:
The working discount code for Consummate Traders is “HABBYLAMBO“. This gives you a 10% discount on the Consummate Traders prop firm.
I’ll keep updating it as time goes on.
Conclusion: Consummate Traders Review
Consummate Traders is one of the best prop firms in Africa, with flexible rules. If you’re looking to fund your forex trading account with a larger capital, up to $400,000, go ahead and sign up with Consummate Traders.
