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The Trading Pit Review
The Trading Pit is a Liechtenstein based prop trading firm. It sells CFD and futures funded challenges, and the challenge product itself has no financial regulator.
Min Deposit
$50
Spreads From
Not published by the firm
Max Leverage
Not confirmed on a primary source, and it varies by challenge type
Platforms
MetaTrader 4, MetaTrader 5
Pros
- The founder, Illimar Mattus, also helped start the regulated broker Tickmill
- Raised 10 million euros from Pinorena Capital in 2022 to fund growth
- Publishes real payout data, over 16 million dollars paid out so far
- Offers a simple one step challenge next to a stricter two step option
- Opened a small Seychelles FSA regulated brokerage arm called TTP Markets
Cons
- The core challenge product itself has no financial regulator at all
- Reviewers report account bans over vague common IP rule claims
- Profitable traders often get flagged right before a big payout
- A payout request can take up to 14 days to fully process
- No built in TradingView charting inside the client dashboard
The Trading Pit started in 2021 in Vaduz, Liechtenstein. Founder Illimar Mattus also helped start the regulated broker Tickmill. Daniela Egli is now CEO. In 2022 the firm raised 10 million euros from Mattus' own group, Pinorena Capital, to fund growth.
The Trading Pit does not hold client deposits like a normal broker. You pay a fee for a trading challenge on a demo balance. A pass can lead to a funded account with up to 80 percent profit share. A one step 50,000 dollar CFD challenge costs close to 349 dollars. Traders use MT4, MT5, cTrader, or Tradovate. The firm reports over 16 million dollars paid in rewards.
Like most prop trading firms, its challenge business has no financial regulator watching it. In 2026 the group opened a small, invite only brokerage called TTP Markets under a Seychelles FSA license. Independent reviews describe real payouts and helpful support, alongside a pattern of profitable traders losing accounts over unclear rules near a big payout.
Min. Deposit
USD 50
Max Leverage
Not confirmed on a primary source, and it varies by challenge type
Spreads From
Not published by the firm
Platforms
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
