Market Conquest Review
Market Conquest is a proprietary trading firm promising the ultimate training ground, real market conditions, and innovation, all by delivering a modern infrastructure. It aims to address a broad audience interested in such services, given that it provides both Mini and Prime challenges.
This Market Conquest review is meant for traders who are currently looking for a prop firm to work with and are wondering whether this company is reliable. Since we think it doesn’t benefit from enough attention, we’d like to dig deeper into some of its main benefits today. Stay tuned!
Challenges
Let’s start by discussing the challenge structure designed by this prop trading firm. Mini Challenges are meant for those who want to start small and also test Market Conquest while paying small registration fees. The lowest tier costs $16, which is quite a small amount when compared to what other competitors offer.
Traders can choose between $250, $500, $1,000, and $1,500 challenges. You have to complete at least 3 trading days, with a max daily loss limit set at 4% and a maximum overall loss set at 8%. These targets + the 10% profit target apply for one-step evaluations. Users can also go for the 2-step conquest, where drawdowns increase to 5% (daily) and 10% maximum loss. The profit target drops to 8% in this case.
Prime is the second tier of evaluations provided by Market Conquest. Here is where traders can choose larger accounts, ranging between $10k and 100k. Same as with the Mini Challenges, there are 1-step and 2-step challenges, with the same drawdown and profit targets.
Assets
In terms of assets available for trading, people working with Market Conquest can choose between currencies, stocks, indices, commodities, and cryptocurrencies. As a whole, the firm offers enough diversification, addressing traders interested in all popular markets.
Additionally, based on a Market Conquest review on the web, spreads are pretty tight, and trade execution is accurate around the clock.
Other Features
Trading with Market Conquest means access to a user-friendly and feature-rich platform. It includes advanced analysis tools, risk management, and multiple order types so traders can manage their accounts like professionals.
It is also worth noting that for the Mini Challenges, you are allowed to hold a maximum of 2 trades simultaneously at any given moment. This rule doesn’t apply to Prime challenges.
Another feature helping this prop trading firm stand out is the profit split ratio. While with most other firms the figure starts at 80%, Market Conquest promises a 90% profit split for its customers. This is yet another testimony to its user-centered approach.
Summary
To conclude our Market Conquest review, this is a place for any type of trader. You can choose Mini or Prime challenges, depending on your budget. This firm offers small and large accounts, promising a high profit split and decent profit targets during the evaluation period. All in all, Market Conquest has potential and should be able to continue drawing attention in the near term.
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