PT-Labs is a London-based proprietary trading firm launched on 9 October 2024. The company, founded by Bill Kolubayev, Dana Moinian, Jacob T, Gentrit T, and Natalia H, offers traders a unique path to funding with a multi-phase evaluation process. While it is not FCA-regulated, PT-Labs stands out for its innovative structure and promising profit-sharing opportunities.
PT-Labs is a London-based proprietary trading firm launched on 9 October 2024. The company, founded by Bill Kolubayev, Dana Moinian, Jacob T, Gentrit T, and Natalia H, offers traders a unique path to funding with a multi-phase evaluation process. While it is not FCA-regulated, PT-Labs stands out for its innovative structure and promising profit-sharing opportunities.
Trading Platforms
PT-Labs supports the MatchTrader platform, known for its user-friendly interface and advanced trading tools. Traders can access all necessary features to execute trades efficiently, ensuring a smooth trading experience.
Account Types
PT-Labs offers multiple funding account options. The standard funding option includes a notable feature: Phase 3 provides a cash performance payout, giving traders an early taste of the rewards they can earn.
Evaluation Process
PT-Labs has a four-phase evaluation process, blending simulated and live trading to assess traders’ skills comprehensively:
- Phases 1–3: Simulated trading with strict criteria.
- Max Drawdown: 10%
- Max Intraday Drawdown: 5%
- Target Return:
- Phase 1: 9%
- Phases 2 & 3: 5%
- Leverage: Up to 50:1
- Maximum account usage per trade: 1.5%
- Phase 3: Traders receive an 80% cash payout based on performance.
- Phase 4: Traders are introduced to a regulated hedge fund, with opportunities for a salary and performance-based payouts.
Evaluation Fees
PT-Labs provides affordable evaluation fees relative to account sizes:
- $5,000: $49
- $10,000: $99
- $25,000: $249
- $50,000: $349
- $100,000: $599
- $200,000: $1,299
Profit Sharing
Traders in Phase 3 benefit from an 80% profit split, a competitive rate in the prop trading industry. Withdrawals are processed within 48–72 business hours, with a minimum withdrawal amount of $100. However, traders are capped at $10,000 for their first two payouts.
Funding and Financial Stability
PT-Labs is financially backed by private investors, ensuring the firm’s stability and ability to support traders long-term. This strong financial foundation makes PT-Labs an appealing choice for traders seeking security and reliability.
Conclusion
PT-Labs offers an innovative funding structure designed to attract traders looking for both monetary rewards and career progression. With its multi-phase evaluation, competitive profit-sharing, and the promise of hedge fund introductions, PT-Labs presents an intriguing option for serious traders.