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The Trading Pit

Germany|1-2 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|


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+423 32379000
In den Grüben 130 84489 Burghausen


No valid regulatory information, please be aware of the risk!

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Warning: Low score, please stay away!
Previous Detection : 2023-11-30
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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The Trading Pit · Company Summary

Basic Information
Registered Countries Germany
Regulation No License
Minimum Deposit N/A
Maximum Leverage N/A
Minimum Spread N/A
Trading Platform MT4, MT5, ATAS, Quantower, Rithmic
Demo Accounts Available
Trading Assets Forex, Futures, COMBO
Payment Methods Bank Wire
Customer Support Telephone, Email, Online Chat

General Information

The Trading Pit is an award-winning global proprietary trading firm, aiming to challenge the conditions that traders have been working under for years. The Trading Pit boasts that it offers global access to all major asset classes, including forex, stocks, ETFs, Futures, Options, and Cryptos.

Here is the screenshot of The Trading Pit official website:


The Trading Pit is not regulated by any regulator to support its operation, and thats why WikiFX has given it a very low score of 1.14/10. Trading with an unregulated broker is a surefire way to lose money. Please be aware of the risk involved.


Market Instruments

The Trading Pit give clients the opportunity to trade currencies, futures, Como on the global markets.


Account Types

The Trading Pit has designed various trading plans or accounts for Forex trading, Futures trading and COMO trading. Take forex trading as an example, this broker has set four types of trading accounts and these trading accounts are determined by the minimum deposit:

Lite-Challenge Account Balance: 2,500 euros

Standard-Challenge Account Balance: 5,000 euros

Executive-Challenge Account Balance: 10,000 euros

VIP-Challenge Account Balance: 20,000 euros


For Futures trading, there are also four types of trading plans listed, with the account balance required for each account extremely higher than forex trading.


COMO trading has two types of trading accounts offered, namely Lite and Executive accounts, with the Lite account requiring an account balance of 2,500 euros and Executive account requiring an account balance of 10,000 euros.

Trading Platform

When it comes to trading platforms available, The Trading Pit has offered multiple trading platform options, including MT4, MT5, Rithmic, EDGE, STEROTRADER, SIERRA, ATAS, QUANTOWER.


Deposits & Withdrawals

The minimum deposit is 250 EUR/GBP/USD, and the minimum deposit is 100 USD. The Trading Pit allows its clients to make a deposit and withdrawal through the following payment methods, including VISA, MasterCard, Wire Transfer, Maestro, Bitcoin, Tether, and Litecoin.

Customer Support

Clients with any inquiry or trading-related issues can get in touch with The Trading Pit through the following contact channels:

Telephone: +4986774014100

Live Chat Support

Or you can also follow this brokerage on some social media platforms, such as Facebook, Instagram, Twitter, Linkedin, Youtube, TikTok, etc.

Educational Resources

The Trading Pit offers clients some educational resources, such as Webinars, Squawkbox, Educational Videos, Economic Calendar, CME Heatmap, as well as Glossary.

Risk Warning

Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.

The information presented in this article is intended solely for reference purposes.

Pros & Cons

Pros Cons
Multiple trading platforms No regulation
High minimum deposit
Limited trading platform

Frequently Asked Questions

What trading instruments can I trade with on The Trading Pit

The Trading Pit allows investors to trade currencies, futures, Como on the global markets.

What is the minimum deposit required by TheTrading Pit

The minimum deposit is 250 EUR/USD/GBP.

Does The Trading Pit offer educational resources?

Yes, The Trading Pit offers educational resources, including Webinars, Squawkbox, Educational Videos, Economic Calendar, CME Heatmap, as well as Glossary.

Broker Information

Company Name GmbH

Company Abbreviation

The Trading Pit

Regulatory Status

No Regulation

Platform registered country and region


Customer Service Email Address

Company Summary

User Reviews

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more than one year
The Trading Pit allows me to enjoy trading and make profits at the same time. In general, this forex broker offers powerful tools and leading MetaTrader platforms. I am satisfied!
2023-02-22 18:25
more than one year
Invest in The Trading Pit and get profit from it. They have good customer service and you can easily withdraw your money. I recommend trading with them.
2022-12-07 16:17
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consumer hotline:006531290538
Mobile Phone Number:234 706 777 7762;61 449895363
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Whatsapp:+852-6613 1970;+44-7517747077
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