Overview:
Thrive Trading positions itself as a futures proprietary trading firm that provides traders with “instant funded accounts,” allowing them to bypass a traditional evaluation phase. They offer a range of account sizes with options for End-of-Day (EOD) or Intraday trailing drawdowns and emphasize a 100% profit share for the trader.
Key Points:
- Account Sizes (Instantly Funded): $50,000, $100,000, $150,000, $300,000.
- Year Started: The logo on the website indicates “Est. 2025”.
- Minimum Evaluation Days: 0 days (offers instant funded accounts, no evaluation needed).
- Maximum Accounts: Strictly enforced at 5 active accounts per category (EOD/Intraday) per user or household.
- Restricted Countries: Not specified in the browse result. Users are responsible for ensuring compliance with their local laws.
- Straight to Funded: Yes, this is their primary offering.
- Swing Trading (Overnight/Weekend Holding): Not specified in the browse result.
- Trading Platforms: Rithmic is mentioned as compatible with multiple platforms including Atas, Bookmap, Motivewave, Quantower, and Sierra Chart.
- Profit Split: Traders retain 100% of their profits.
Product Table (Instant Funded Accounts):
| Account Type & Size | Profit Target (to maintain/for payout) | Drawdown (Type & Amount) | Daily Loss Limit (DLL) | One-Time Cost |
|---|---|---|---|---|
| EOD Accounts | ||||
| $50,000 EOD | $3,000 | $2,000 (EOD) | $1,200 | $299.40 |
| $100,000 EOD | $6,000 | $3,000 (EOD) | $1,800 | $359.40 |
| $150,000 EOD | $9,000 | $5,000 (EOD) | $3,000 | $389.40 |
| $300,000 EOD | $18,000 | $10,000 (EOD) | $6,000 | $689.40 |
| Intraday Accounts | ||||
| $50,000 Intraday | $3,000 | $2,000 (Trailing) | $1,200 (Trailing DLL) | $209.40 |
| $100,000 Intraday | $6,000 | $3,000 (Trailing) | $1,800 (Trailing DLL) | $251.40 |
| $150,000 Intraday | $9,000 | $5,000 (Trailing) | $3,000 (Trailing DLL) | $293.40 |
| $300,000 Intraday | $18,000 | $10,000 (Trailing) | $6,000 (Trailing DLL) | $482.40 |
Note: “Profit Target” in the context of an instant funded account usually refers to the amount a trader needs to make to be eligible for payouts or to maintain the account, rather than to pass an evaluation. Costs are as per the browse result and subject to change.
Pros:
- Offers “instant funded accounts,” allowing traders to skip a potentially lengthy evaluation process.
- Traders retain 100% of their profits, which is highly attractive.
- Provides a choice between End-of-Day and Intraday trailing drawdown models.
- Supports Rithmic, which connects to various popular trading platforms.
- Clear account parameters (profit target, drawdown, DLL) listed for each account size.
Cons:
- Very new firm, with “Est. 2025” indicated, meaning it has no established long-term track record.
- Information on restricted countries is not provided on the website.
- The policy on swing trading (holding positions overnight and over weekends) is not specified.
- Being an instant funding model, the one-time costs are essentially the purchase price for the funded account setup; traders need to be confident in their ability to manage the account rules from day one.
- The sustainability of a 100% profit split model for a new firm will be observed over time. It often implies that the primary revenue for the firm comes from the initial account fees.