Pass our Gate Way Challenge
We Pay Your Prop
Duration
30 Trading Days
Minimum Time
Trade 10 days
Profit Target
10%
Daily Drawdown
5%
Overall Drawdown
10%
One Phase with Us, One Phase With Them, your MPC two phase is one of the lowest cost programs in the industry!
MyPropChoice is not a white label provider of Glow Node or any vendor on our website.
All Prop Firm account discounts are made possible by means of a preliminary evaluation administered by MyPropChoice.
Watch the video below to understand how MPC’s Gate Way Challenge works.
Who is Glow Node?
Glow Node started early in 2022 as an indicator development company. The owners would create great indicators for people, prove their profitability on small accounts & help people become profitable. Sam, their founder was a big of fan of Funded Trader Plus’s programs and but thought maybe he could do one better. He came out with Glow Node which is very similar to Funded Trader Plus’s program but provides higher draw down limits, matched with the similar idea of no time limit as Funded Trader Plus as he doesn’t want to pressure traders and ensures hopes veryone can be funded.
FAQ
Information source Glow Node‘s Official Website
Profit Target - 10%
Daily Drawdown - 4%
Absolute Drawdown - 8%
These accounts involve no time limit to complete minimum or maximum.
8% Absolute Drawdown Limit – You should never exceed more than 10% drawdown of the account starting balance. We do not change your drawdown limit like other companies! If you start with a $100,000 account your overall drawdown limit will always be $92,000.
- 4% Daily Relative Drawdown Limit – You get a maximum of 4% drawdown of the balance your account started the day with. The trading day starts at 00:00 GMT + 3. If your starting balance for the day is $100,000 then you can risk UP TO $4,000.
This is a smaller daily drawdown limit to the Standard Challenge as we want to make sure traders on the Single Phase can manage risk.
You can make withdrawal requests every 14 days from the time you receive your funded account. We now allow any size withdrawal over $50! After you have made a withdrawal you will not be able to make another withdrawal for another 14 days. This is to prevent traders withdrawing daily profits and costing us more in transaction fees than we would make through profit splits.
You can withdraw 100% of profits made but if you do this your drawdown limit will be re adjusted to 5% of the account balance. Once you reach 5% profit again after a withdrawal your drawdown limit will move back up to break even / account starting balance.
You need to make sure that all trades are closed before requesting a withdrawal and do not continue to trade until your withdrawal request has been confirmed.
You can request a withdrawal at anytime by contacting support@glow-node.com. You will receive a response to let you know the withdrawal has been confirmed and then funds will be transferred to you within 7 days.
Payments to traders are made through bank transfer, cryptocurrency or PayPal. We’re happy to discuss any other payment options that may suit you though!
Which broker does Glow Node Use?
Glow Node has followed suit as many other props have and partnered with Eight Cap to provide a reliable prop trading experience for their traders.
