Paradise Capital is a young prop firm. It’s registered in January 2024, in the US. They’re offering their traders up to $1 million of capital to trade with.
Community Feedback for Paradise Capital
Based on 27 reviews, Paradise Capital has a 4.6 Star rating on Trustpilot. The small number of reviews is because this prop firm is only a few months old. There are 96% of the 5-star reviews that mention fast customer support, low spreads, no commissions, and smooth payouts. There are no bad reviews so far.
Platforms Used by Paradise Capital for Trading
The only trading platform offered by Paradise Capital is Traderlocker, but there might be more in the future.
Paradise Capital: Instruments You Can Trade
You can trade:
- Forex
- Commodities
- Indices
- Crypto
- Stocks
Payment Options at Paradise Capital
You can purchase a challenge with Crypto and Credit/Debit Card.
The available payment options at Paradise Capital are Crypto and Credit/Debit Cards.
Account Size Options in Paradise Capital
Here are the account sizes that Paradise Capital offer
Express HFT Challenge:
- $5k
- $15k
- $25k
- $50k
- $100k
- $200k
- $300k
- $400k
- $500k
- $600k
- $1 million
The Regular Challenge:
- $5k
- $15k
- $25k
- $50k
- $100k
- $200k
Understanding Profit Splits at Paradise Capital
- 1st payout – 50% Profit Split
- 2nd payout – 70% Profit Split
- 3rd payout – 80% Profit Split
- 4th and ever next payout – 95% Profit Split
Paradise Capital Approach to Profit Targets
The profit target of the Express HFT challenge is 0.10%, and for the Regular Challenge, it is 10%.
Drawdown Rules and Daily/Max Loss Policy at Paradise Capital
At Paradise Capital, the daily loss limit for both challenges is 5%. The overall amount you can lose for the Regular Challenge is 12%, and 10% for the HFT Challenge.
Minimum and Maximum Trading Days at Paradise Capital
The minimum number of trading days is 5 for the HFT Challenge and 1 for the Regular Challenge. There are no maximum trading days for the available challenges.
Step Challenges Available at Paradise Capital
Both of the Paradise Capital challenges contain only one step.
Costs of Entry for Paradise Capital Challenges
Regular 1-Step Challenge
| Account Size | Price |
|---|---|
| $5k | $79 |
| $15k | $129 |
| $25k | $219 |
| $50k | $259 |
| $100k | $479 |
| $200k | $929 |
Express HFT 1-Step challenge
| Account Size | Price |
|---|---|
| $5k | $124 |
| $15k | $199 |
| $25k | $349 |
| $50k | $499 |
| $100k | $769 |
| $200k | $1199 |
| $300k | $1899 |
| $400k | $2299 |
| $500k | $3099 |
| $600k | $3499 |
| $1 million | $5899 |
Commissions and Fees at Paradise Capital
Paradise Capital charges a small 1% to 2% transaction fee for cryptocurrency payouts.
Refund Options at Paradise Capital
There are no refunds at Paradise Capital.
Does Paradise Capital Offer a Free Trial?
No, Paradise Capital doesn’t have any free trial options.
How To Contact Paradise Capital Customer Support
You can contact Paradise Capital customer support via live chat or email:[email protected].
Payment Frequency at Paradise Capital
Payouts at Paradise Capital are done bi-weekly. Only the first payout is paid after 20 calendar days.
Paradise Capital FAQ
Payouts are processed via Bank Wire and Cryptocurrency.
Yes, you can hold trades over the weekends during the evaluation phase and Paradise Trader Stage.
BlueBerry Markets 4 and 5 are not permitted in the USA.
Consistency Rule
Trade for at least 5 days before withdrawing. Trades below 0.01 lots or very short trades don’t count.
No single trade or day can make up more than 50% of your total profit.
Keep your trade sizes within a range based on your average trade size.
If your trades don’t meet the consistency rule and you request a payout, it will be denied. Your funded account balance will then be reset.
Trade for a minimum of 5 days before withdrawing. Trades below 0.01 lots or very short trades are not counted.
No single trade or day can account for more than 50% of your total profit.
Maintain trade sizes within a range determined by your average trade size.
Failure to adhere to the consistency rule when requesting a payout will result in denial, and the funded account balance will be reset.
