Paradise Capital is a relatively new proprietary firm. It’s established in January 2024 in the US. Paradise Capital offers up to $1 million in capital to trade with.
What Trading Platforms Does Paradise Capital Offer?
Tradelocker is the only trading platform you can use at Paradise Capital at the moment.
Trading Instruments at Paradise Capital
The trading instruments available at Paradise Capital are:
- Forex
- Indices
- Crypto
- Stocks
- Commodities
Payment Methods at Paradise Capital
The available payment methods are Crypto and Credit/Debit cards.
Exploring Account Size Options at Paradise Capital
Express HFT Challenge offers the following account sizes:
- $5k
- $15k
- $25k
- $50k
- $100k
- $200k
- $300k
- $400k
- $500k
- $600k
- $1 million
The Regular Challenge offers the following account sizes:
- $5k
- $15k
- $25k
- $50k
- $100k
- $200k
How Paradise Capital Shares Profits
With the first payout, Paradise Capital gives you a 50% profit share. With the second, the profit share is 70%. The third payout comes with an 80% profit share, and the next one comes with a 95% profit share.
Setting the Bar: Profit Targets at Paradise Capital
The profit targets at Paradise Capital depend on the challenge. The regular challenge needs a 10% profit target, while the Express HFT challenge needs a 0.10% profit target.
Drawdown Rules and Loss Limits at Paradise Capital
The HFT Challenge has a 10% Overall loss limit rule. The regular challenge’s overall loss limit rule is 12%. Both of the challenges mentioned have a daily loss limit of 5%.
Number of Trading Days Allowed
You’re allowed to trade as long as you like during the challenge phase. But, you need to make sure you’re trading for at least one day in the Regular Challenge, and 5 in the HFT Challenge.
Cost of Entry 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 |
Fees and Commissions: What to Expect at Paradise Capital
When paying with cryptocurrency, you’re charged a small 1% to 2% fee.
Information on Refunds at Paradise Capital
Paradise Capital doesn’t offer any refunds.
Free Trials
Paradise Capital doesn’t offer free trials.
Payout Timeline at Paradise Capital
You can request a payment after 20 days. Every next one, every two weeks.
Weighing the Pros and Cons of Paradise Capital (According to Trustpilot reviews)
- There are no commissions
- Spreads are low
- Good customer support
- Payouts are done bi-weekly
- Prop firm is new
Paradise Capital FAQ Section
They are processed through Bank Wire and Cryptocurrency.
Yes.
In the United States, BlueBerry markets 4 and 5 are not allowed.
Consistency Rule
Trade for at least 5 days before making a withdrawal. Trades below 0.01 lots or very brief trades won’t count.
No single trade or day should exceed 50% of your total profit.
Ensure your trade sizes stay within a range based on your average trade size.
Payout requests will be denied if your trades don’t meet the consistency rule. In such cases, your funded account balance will be reset.