The Concept Trading Review 2026

The Concept Trading sells prop trading programmes for a one-time fee. The address theconcepttrading.com redirects to prop.theconcepttrader.com, and this review is based on that site. The firm describes three routes: Instant Funded, a 1-Step Evaluation and a two-phase evaluation.

Its pages describe static drawdowns with no daily drawdown, no time limit to reach a target, and accounts that move up through levels as targets are met. The FAQ says all models have a 50% profit share, rising to 90% on the top level of a programme or under the firm's "90% Lock Rule".

The site did not load in our usual browser, so our saved copy is a set of short exact quotes rather than full pages. We could not tie every price to an account size or every figure to a named programme. Where that is the case we say so instead of guessing, and this review is shorter than usual.

Everything in this review comes from The Concept Trading's own web pages, saved on 7–9 October 2026. Rules and prices change, so check the firm's site before you buy.

The firm calls its fee a "One-time assessment fee. No subscription." The home page describes three routes:

• Instant Funded: "Skip the traditional multi-step evaluation and start with a funded account." The programmes page adds that "Eligible programs marked L1 provide direct access to the funded stage".
• 1-Step Evaluation: "Meet a single profit target to qualify for funding."
• Two-phase evaluation: "A two-phase evaluation for traders who prefer a lower entry cost and structured progression." The FAQ separately describes two demo evaluation stages, Intern and Verification.

The programmes page gives these starting prices for its programme groups: $65, $97, $297, $300 and $997. One programme is described as "a low-cost entry programme for beginners". The checkout buttons on the same page run from $15 to $5,997, so the page also shows an option below its lowest "Programs start at" figure of $65. Our capture does not show which account each checkout price belongs to.

The home page names the Premier programme ("PREMIER · Associate") and shows prices of $297, $373, $997 and $2,497. The $373 price is shown with $497 struck through, so it is a reduced price rather than the list price. Our capture does not show the account size attached to each of these prices.

Prices are shown with a "$" sign and the programmes page offers AUD and USD; our capture does not show which currency these figures are in.

The FAQ says you can pay the fee by PayPal, credit card or crypto; the Terms mention only credit card or PayPal.

The FAQ says "All drawdowns vary depending on the account selected" and that "all drawdowns are STATIC – this means that you have the full drawdown available at ALL times." The rules page says "There is no daily drawdown, just an absolute drawdown based on the initial account opening balance." The FAQ also says "Each level has a max drawdown of 6% from the initial opening balance"; our capture does not show which model this refers to. If an account hits its drawdown limit, the FAQ says it will be closed.

Other figures on the home page

The home page also shows a "7% profit target", a "5% static drawdown (fixed)", "No daily drawdown.", "200 leverage" and "Your account scales 70% at every profit target". Our capture does not show which programme these belong to, so confirm them on the programme page before buying.

Figures on the programmes page

The programmes page shows the figures below for its programme groups. Our capture does not let us tie each figure to a named programme, so we list them as shown.

One description on that page reads: "Manage larger account sizes with a 10% profit target and 10% drawdown limit." The home page sums up targets as "6–10% depending on programme".

Intern and Verification stages

• Intern: "you must hit both the 10% target and have 3 days of being profitable."
• Verification: "you must hit just 5% (FIVE) target and have 3 days of being profitable."
• The programmes page describes a "2-stage assessment with 3-day minimum".

Levels, time limits and activity

• The FAQ says targets to move to the next level range from 6% to 10%. The FAQ also says that at one point "there is no target and you can get 90% profit share" (our capture does not show the full sentence).
• There is no time limit to reach a target (FAQ and Terms).
• The rules page and the Terms say an account inactive for 6 weeks, or 42 days, will be terminated. The home page instead says accounts need at least one active trade every 30 days. We treat the shorter 30-day figure as the safe working limit.
• The programmes page says you can trade up to 3 accounts. The FAQ adds that if you have reached the cap on any model you cannot have accounts in any other model.
• The Terms say that after termination, new prop account applications start on the Intern Level.

The Terms also say an account "will be automatically terminated if the Prop account Total Equity balance falls below the account Opening Balance". This does not match the drawdown allowances on the FAQ, rules and programmes pages, and our capture does not show which accounts it covers. We have used the FAQ and rules pages for the drawdown figures above; check the full Terms before buying.

The firm is permissive on trading styles:

• The rules page says: "On all models, we allow EAs, HFT and copiers."
• The home page says: "News trading, scalping and algorithmic execution are permitted across eligible programmes."
• The FAQ says it accepts "EA’s, algorithms, scalpers, anyone and everyone – without restriction."
• The rules page says you can hold trades overnight and over the weekend, and trade on weekends in the crypto markets the broker offers.

The Terms still list conduct that is not allowed, including:

• "Coordinated opposing positions across accounts designed to artificially reduce risk or achieve targets";
• "Account arbitrage or intentionally sacrificing losing accounts to benefit another account";
• "Trading behaviour that is exploitative, manipulative, or not commercially replicable in real market environments."

The Terms also say you must not allow third parties to have access to the account. We treat these Terms as applying alongside the FAQ's "without restriction" wording.

The FAQ notes that the broker may have single trade size limits, "generally this is 100 Standard lots". The firm suggests risking no more than 1% of your total equity on any single trade and strongly suggests always using a stop loss; these are worded as suggestions; the home page also says "management will not look favourably on allowing you back into the program", though our capture does not show which behaviour that refers to.

Profit split

• The FAQ says "All models have a 50% profit share arrangement" and "On the top level of your program you get 90% of the profit."
• The FAQ also says "Then you are on Funded level 65%" and "You then get 65% of the 10% (capped)"; our capture does not show which programme or stage these lines describe.
• The Terms say profit share follows the Level and Program you are in and is "limited to the percentage of the profit target". They also say the maximum payout per Level and Program is shown on the website as a "Payout Matrix", which we did not capture.
• The Financial Services Guide says the firm is "remunerated from the 40% profit share arrangement with you from the Company Trading Account"; it does not say which programme this refers to.

The 90% Lock Rule

The rules page says the Lock Rule "is where you can choose to lock your account to a level and receive 90% of profit from that point on." To use it, you "first must hit the target of that Level and be paid its usual relevant advertised percentage profit split", then contact the firm. It is available on all prop models except the Foundation model, and not on Intern levels. Once you elect it, "the account cannot be scaled to any higher Levels or increased funding."

Payout timing

• The FAQ says that on Level 1 and higher you are paid your profit share every time you hit the scaling target, and outside of that you may withdraw any profit once a month.
• On the top level of a model, or under the Lock Rule, the FAQ says weekly withdrawals are allowed. The home page says "Eligible payout requests are generally processed weekly."
• The FAQ sets a deadline: something must be done "within 30 days of reaching the scaling target or forfeit the profit share." Our capture does not show the start of that sentence, so check the FAQ for exactly what is required.
• The Terms say "Only 1 payout per calendar month is allowed." This conflicts with the weekly withdrawals the FAQ describes for the top level and the Lock Rule.
• The Terms say profit payments will not be released until you have provided proof of identification.

The FAQ lists payout methods as bank transfer, crypto, Revolut and PayPal.

Scaling

The home page says "eligible accounts can scale by 50–80% at each step, depending on the programme." The Terms say that once a target is met the account is closed and you are issued a new account on the next Level. The firm's pages also claim access to "Up to $50 Million in Trading Capital"; this is the firm's marketing claim.

Commissions and spreads

The FAQ says the broker charges "$6 round turn" commission and that The Concept Trading does not add a mark-up. The home page says the commission applies to execution on "Pro Spreads" only. With "Normal Spreads", the FAQ says spreads may be wider but there is no commission on trades.

The programmes page lists TradeLocker (the captured text reads "Platform 5 TradeLocker"). The Terms say you will need to download the trading platform from the firm's preferred brokers. The FAQ says US residents are not permitted on the MetaQuotes platform but are accepted on other trading platforms.

The FAQ lists these markets: "FX Majors, FX Minors, FX Crosses, FX Exotics, Metals, Energy, Crypto, Indices, FX Index, Commodities." The Terms say you may trade any product or asset available on the preferred broker's platform server.

The FAQ says The Concept Trading is not the broker and that "The Concept Limited is the broker we use."

The site footer says: "The Concept Trading Education Course is provided by The Concept AU/NZ Pty Ltd (ACN 652 938 399), CAR No. 131 76 33, a Corporate Authorised Representative of Vested Equities Pty Ltd (ABN 54 601 621 390, AFSL 478987)." It adds that "This licence covers general trading advice provided for educational purposes" and that "The funded trading program is not covered by this licence."

The home page describes the company as "an Authorised Representative under an Australian Financial Services Licence" with "a physical office in Queensland". Read that alongside the footer: by the firm's own statement, the licence does not cover the funded trading programme.

The address given on most pages is Tower 2, Suite 101/55 Plaza Parade, Maroochydore QLD 4558; the Financial Services Guide writes it as "Tower 2, Suite 01, 55 Plaza Parade". The contact page gives office hours of Monday to Friday, 9am to 5pm AEST.

Live or demo accounts

The FAQ says "Intern accounts are on a Demo server. Level 1 or higher accounts are on a live server." The FAQ and the Terms also say prop accounts "may operate on a server that is live, demo or another type." The Terms add that a prop account is a sub-account of The Concept AU/NZ Pty Ltd's account with its preferred broker, and that its opening balance "could be a mix of cash and/or waived margin".

Other terms

• Funds cannot be withdrawn from the prop account, and you cannot close it yourself.
• The company may terminate a prop account "at any time at its absolute discretion without notice."
• You are not liable for losses on the prop account unless they are incurred by negligence (as the Terms put it).
• The Financial Services Guide says the firm is paid through purchase fees and the profit share, and may also earn a rebate from its executing brokers for volume traded.
• On refunds, the Terms say refunds or credits for "Tuition Fees" are decided case by case in some circumstances, and elsewhere that TCT shall on request refund any Tuition Fees paid. Our capture does not show the conditions around either line, and the separate refund policy page could not be fetched.

Restricted countries

The FAQ says the firm does not accept residents of Iran, North Korea or OFAC-sanctioned countries. US residents are accepted, but not on the MetaQuotes platform.

Trading competition

The firm runs a trading competition: "Two weeks. One leaderboard." Everyone receives the same account, the highest % return wins, and entrants need at least 5 trades and must stay within a 10% maximum drawdown. The page shows a "$9,000 MONTHLY PRIZE POOL", and says prizes are "issued as TCT platform coupons. Non-withdrawable."

The Concept Trading may suit traders who want static drawdowns without a daily loss limit, no time limit on targets, and freedom to use EAs, copiers or HFT and to hold over the weekend. It is less suited to traders who want a high profit share from the start: the FAQ puts all models at 50%, with 90% reserved for the top level or the Lock Rule. Because several of the firm's pages disagree (inactivity, payout frequency and a Terms clause on the opening balance), read the current Terms and the programme page for your account before paying.

MyPropGenius Rating: Not yet rated — no Transparency Index score yet

The rating measures how openly The Concept Trading discloses its rules, pricing, payouts and ownership (our Transparency Index methodology). It does not measure how likely you are to pass or be paid.