I’m serious when I say The Concept Trading is seriously THE BEST prop firm in the business. Not only did I receive my first ever payout from them, but you can release ANY style, just don’t hit max dra... See more
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Review summary
Created with AI, based on recent reviews
What people talk about most
Reviews shaping this summary
I honestly don’t understand why ‘The Concept Trading’ isn’t recognized as the world's best prop firm. Other firms catch you off guard by using cheap prices as bait. Once you purchase their challenge o... See more
Company replied
TCT has been a great experience for me. Their programs are practical, easy to follow, and designed for real trading. What I really appreciate is that TCT genuinely wants traders to win. Unlike many ot... See more
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TCT is the one prop firm that you should be using where it actually makes more sense to use them than putting your own money in your own personal trading account. Buy a challenge with the same amount... See more
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4.7
Excellent
471 reviews
Asks customers to review
This company invites their customers to review, whether positive or negative
Replied to 100% of negative reviews
Typically replies within 24 hours
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Reply from Prop Theconcepttrader
Thanks Loi, really appreciate the 5 stars and wish you all the best with your trading!
Excellent Service & product
Excellent Service & product, as a trader I have bright futures with This Company !
21 May 2024
Reply from Prop Theconcepttrader
Thank you for the 5 star review GF. We look forward to a long and profitable future together.
Only prop firm I trust
The concept trading have become the only prop firm I trust. They are actually looking for and encourage good traders. Not like other firms who have ponzi scheme and rely on traders failing. Everything is fast including payouts. Support is responsive. Time and patience and you can trade large funds with this firm. Highly recommended.
13 May 2024
Reply from Prop Theconcepttrader
Hi David,
Thank you for a stella review and the 5 stars. Absolutely nailed it. We look forward to your success trading with TCT.
Simple and easy to manage
17 May 2024
Reply from Prop Theconcepttrader
Hi Jared, thank you for your 5 star review. All the best with your trading.
Experience was good with customer…
Experience was good with customer service and easy set up , I just messed a few trades up and hit draw down 😔 didn't get to pay out bit on live account so can't comment on that.
15 May 2024
Reply from Prop Theconcepttrader
Thank you Thomas, for your honest review. We look forward to your return and success with trading at The Concept Trading.
Regards
TCT
Best practical prop firm
This is the best practical prop firm. We can trade in our style without any restrictions. Just have to stick on to maximum total drawdown.
8 May 2024
Reply from Prop Theconcepttrader
Thank you Biby, for the 5 star review, appreciated. All the best with your trading.
Regards
TCT
Best Prop firm
Best plans, fast and responsive, payout the next day!
Current plans are awesome, take advantage of them while they are still available.
30 April 2024
Reply from Prop Theconcepttrader
Thank you Leon, appreciate the great review and 5 stars. All the best with your trading!
Regards
TCT
Reply from Prop Theconcepttrader
Thank you for the 5 star review Teguh! Appreciated and all the best with your trading.
No Nonesense Prop Firm
Amazing Prop Firm with simple, straightforward rules. Looking forward towards my first payout and scaling my account. Hear nothing but good things. Passed the challenge with ease with EasyFunded EA for MT5 within a few hours. Was able to rent it and received great support throughout the process.
8 May 2024
Unprompted review
Reply from Prop Theconcepttrader
Thank you Marcus. Appreciate the 5 star and kind review. Wish all success with your trading!
Regards
TCT
Don't take them as your partner propfirm. They're arrogant...their explaination doesn't make sense
I was stepped out by their system and they didn't want to recover my account. My last position when stepped out was in XAUUSD: buy 0.30 2351.04 --> 2333.23 and sell 0.30 2346.72 --> 2339.24. How come last price differ so far / spread $6.01?
29 April 2024
Reply from Prop Theconcepttrader
Hello Vincentius.
Thank you for your review. We are sorry your experience with us was not up to scratch. We note that you were both long and short gold from different entry prices.
As mentioned to you in our communication, this does not guarantee a complete hedge and you can still incur losses. Long trades must exit at the bid price, short trades must exit at the ask price. So when you are both long and short, you will never exit at same price. Your strategy is not the perfect hedge and not a viable way to use as a stop loss. Far better just to place a stop loss itself.
Further, as you were holding trades over the weekend, when market re-opens on Monday morning, there is often a large spread on all pairs, not just gold. This is due to low liquidity early on Monday morning. You can view this anytime you wish by applying the Ask price to your charts and see for yourself exactly what we were trying to explain to you. Yes spread on gold can be extremes at times. This is not manipulated by us (we outsource execution to a 3rd party broker). It is not even the broker doing it, as they are an STP broker. This is the Liquidity Provider and normal for an LP to offer prices they deem suitable to current conditions.
I have been trading in the markets for 30+ years so I believe I know what I am talking about. I do apologize if my explanation is not clear enough for you to understand and to make sense for you.
We hope to see you back and wish you all success in your trading journey.
Regards
David L
TCT
I have had nothing but good experiences…
I have had nothing but good experiences so far. The service and "restrictions" or rather lack there of really make this prop firm stand out.
I recently failed an account challenge due to a large delay in trade execution. Weather this be the fault of the platform or on the brokers end or a technical glitch somewhere I am unsure. But the customer service received, and a new account granted to me at no charge to say sorry. The customer service is unparalleled and I cannot complain. Well done guys. Glad to see a company that is trying to do some good
15 April 2024
Reply from Prop Theconcepttrader
Hi James.
Thank you for the 5 stars and honest review. We know the platform (MT4) is not the greatest and are working on replacing it with latest version so as not to experience what you did ever again.
Regards
TCT
Wonderful Experience
I’ve never been somebody who writes reviews frequently, but The Concept has exceeded my expectations as a company, a brand, and a community. I’ve been involved with proprietary trading firms over the last three years. I’ve just recently stumbled across The Concept Trading. Their business model is a breath of fresh air when it comes to finally being clear and concise - something we haven’t seen in the forex trading industry. Not to mention they are the world’s first fully regulated prop firm! I finally feel safe investing with this company, and have found hope again for the future of my trading career. If I ever have a question or comment, I found a family in their community chats. I don’t know if the team sleeps at all because they get back to me within minutes at any hour lol. I can’t wait to continue trading with this firm and grow together.
10 April 2024
Reply from Prop Theconcepttrader
Hey Noah, thanks for the brilliant review. May all your trades by successful, win win for all concerned.
Cheers
TCT
Reply from Prop Theconcepttrader
Thank you for the review Jean-Pierre. Can we ask why 4 stars? What do we need to get 5 stars from you, how do we improve our service? Genuinely want to know your feedback so we can improve.
Regards
TCT
Reply from Prop Theconcepttrader
Hello Shari. Can you please confirm that you have posted this review to the correct website. We are an Australian Financial Service and offer financial products. What is it you think you purchased from our company?
Thank you Shari, unfortunately you have the wrong business. Please go to our website, https://theconcepttrading.com/ and you will see we are a Financial service and do not provide goods. If you could kindly remove this review as it is not about us and we have nothing to do with a company called "Honest Concept"
Hello Shari, have you had a chance to review your review please? Perhaps if you explained what it is you purchased from us we can assist you better. Also, who did you email, what was the address you emailed for two weeks too please? As we have seen no emails from you at our email addresses.
Great service and quick payouts
Service and communication is really good. Payouts are great I’ve had about 8 payouts from TCT and all within days of invoicing. Only thing I would improve is the time it takes to get email confirmation on passing and new account details.
9 April 2024
Reply from Prop Theconcepttrader
Thank you SafaBob. There is a genuine reason we do not automate the scaling. However we do appreciate your support and review.
Regards
TCT.
Reply from Prop Theconcepttrader
Thank you for your review and 5 stars Peter. All the best with your trading success!
the best propfirm I have ever been a part of
Best.. Propfirm with just only 1 rule = dont hit Max Drawdown. Fast scale up. Good broker, low spread, no slipage. Fast respon and very good customer service. Lets join.
2 April 2024
Reply from Prop Theconcepttrader
Brilliant review, thank you for that sir. All the best with your trading success!
SUPERFAST WITHDRAWAL!!!
SUPERFAST WITHDRAWAL , BEST CUSTOMER SERVICE , THIS IS NO DOUBT THE BEST PROPFIRM FOR SCALING UP
4 April 2024
Unprompted review
Reply from Prop Theconcepttrader
Brilliant William, thank you for the awesome review and 5 stars! All the best with your trading!
Reply from Prop Theconcepttrader
Thank you for the review and 5 stars Saksatit. Much appreciated. All the best with your trading!
Fantastic university off trader…
Even I was fail my first challenge..but I bought new one..why
This concept will discipline me..and I have to be passion more....emosional especially...then by time..I confident I one off the success trader
23 March 2024
Reply from Prop Theconcepttrader
Well said Yubika, discipline, patience and consistency. Achieve that and you will most certainly be a successful trader. We wish you all the success trading with us!
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