Paradise Capital is a new prop firm established in January 2024. It’s registered in the United States. They offer up to $1 million capital to trade with.
Trading Platforms at Paradise Capital
Currently, Paradise Capital offers only Tradelocker as a trading platform.
Instruments Available with Paradise Capital
The instruments you can trade at Paradise Capital are:
- Forex
- Commodities
- Indices
- Crypto
- Stocks
How to Make Payments at Paradise Capital
You can purchase a challenge with Crypto and Credit/Debit Card.
Account Sizes Available at Paradise Capital
Express HFT Challenge offers 11 account sizes:
- $5k
- $15k
- $25k
- $50k
- $100k
- $200k
- $300k
- $400k
- $500k
- $600k
- $1 million
The Regular Challenge offers six account sizes:
- $5k
- $15k
- $25k
- $50k
- $100k
- $200k
Profit Splits in Paradise Capital
The profit split at Paradise Capital goes up to 95%. The first payout comes with a 50% profit split. The second comes with a 70% profit split, and the third comes with an 80% profit split. Finally, the fourth and next payouts come with a 95% profit split.
Profit Targets for Paradise Capital:
The Regular challenge has a 10% profit target. The Express HFT challenge has a 0.10% profit target.
Maximum Daily Drawdown and Loss at Paradise Capital
Both challenges have a 5% daily loss limit. The HFT Challenge’s overall loss is capped at 10%. The regular challenge has a 12% overall loss limit.
Minimum/Maximum Trading Days Required at Paradise Capital
The minimum number of trading days for the HFT 1-Step challenge is 5, and 1 for the Regular challenge. You have unlimited time to finish the challenge.
Paradise Capital: Rules and Challenges
Paradise Capital provides challenge accounts for traders to practice in simulated trading environments. Traders can select account sizes from $5k to $1M and must adhere to rules including risk management, disciplined trading, and guidelines compliance. By showing proficiency and consistency, traders can work towards meeting their profit targets within the evaluation period.
Steps Available in Paradise Capital Challenge
Both challenges have only one step.
Pricing for Paradise Capital Challenge
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
Each payout comes with a minor transaction fee ranging from 1% to 2% for each cryptocurrency payout transaction.
Paradise Capital: Refund Policies
Fees are not refundable at Paradise Capital.
Trial Offers at Paradise Capital
There are no trial offers.
Payout Schedules of Paradise Capital
The first payout at Paradise Capital is paid after 20 calendar days. Consecutive payouts are bi-weekly.
Paradise Capital Customer Support
You can contact Paradise Capital via live chat or email:[email protected].
Evaluating Paradise Capital: Advantages and Disadvantages
- No hidden rules
- A wide range of account sizes is available
- Bi-weekly payouts
- No trials
- Fees are not refundable
- Young prop firm
Paradise Capital FAQ Section
Payouts are processed through Bank Wire and Cryptocurrency.
You can hold traders over the weekends during the evaluation phase, and Paradise Trader Stage.
BlueBerry Markets 4 and 5 aren’t allowed in the USA.
Consistency Rule
1.) Trade for at least 5 days before withdrawing. Trades below 0.01 lots or very short trades don’t count.
2.) No single trade or day can make up more than 50% of your total profit.
3.) Keep your trade sizes within a range based on your average trade size.
4.) If your trades don’t meet the consistency rule and you ask for a payout, it will be denied. Your funded account balance will then be reset.
