Glow Node Review: Challenges, Rules, Payout and More

Is Glow Node a legit prop firm? Find out in this review.

With so many scams in the trading world, I recommend you only work with the best prop trading companies.

After reviewing 200+ trading companies globally, here are my top recommendations:

• The5%ers (For Non-US Traders)
• E8 Markets (For US-based traders)

Pros

• 1-Step, 2-Step, Real-Time Funding Assessments
• Outstanding 4.7/5 Trustpilot rating
• Funding cap: $1,000,000
• Every Program Two-Weekly Absences
• Divided Profit: Expandable As much as 90%
• Trade Duration: Infinite
• Choices for adaptable trading and holding
• Including weekend cryptocurrency trading and news trading.
• Multiple Accounts, Copy Trading
• Large-scale Tools for Community Backtesting
• Trading Cryptocurrencies Around-the-Clock
• Large Choice of Assets
• DNS filter-safe SSL certificate verification

Cons

• Time allotted: 1:30 Utilize
• Expensive Initial Funding Fee Extended
• Withdrawal Time-Scaling Duration
• A refund of the challenge fee is necessary
• High Funding Expense Unknown
• WHOIS website traffic is low
• HYIP site features are discovered
• Application downloads may be restricted
• Technical assistance
• No Referral Program
• TradingView Indicators Exclusive

What is Glow Node?

Founded in April 2021, Glow Node is a well-known proprietary trading company whose main goal is to provide traders with more power through its premium funding plan, regardless of where they are in the world. The goal of founding this business was to plug a gap in the market so that traders could handle larger amounts of money and make more money.

Glow Node’s core belief is that traders can form successful partnerships by obtaining both capital and knowledge. This will ultimately lead to everyone’s success. Traders can manage large amounts of money up to $1,000,000 using Glow Node and receive huge profit splits of up to 90%. This massive bundle includes a plethora of trade assets, such as indices, commodities, FX pairings, and cryptocurrencies.

Sign up Today!

From the outset, Glow Node saw a sizable vacuum in the commercial sector. The company responded by developing a special trading software intended just for proprietary traders. Traders who participate in this program are provided with the tools, capital, and training required to carry out their jobs well. It also promotes a feeling of camaraderie among dealers, which benefits everyone’s prosperity and advancement.

Ryan Beasley, who kindly took on the roles of creator and CEO, is the main force behind the creation of Glow Node. Sam Bradbury, a trusted platform manager and co-founder, worked with me to bring this idea to reality. They established Glow Node Prop Firm in tandem to offer forex traders a complete solution.

Glow Node offers a wide range of services, such as paid trade program access, forex training, and indicator access. Most of these indicators are meant to be used in conjunction with the TradingView app, which traders may easily access by signing up for a monthly subscription. With this wide range of offerings, traders can trade indexes, currencies, metals, and other asset types.

Glow Node’s commitment to promoting success and growth in the business sector is evident in the variety of techniques it employs. The platform’s emphasis on education and availability of premium tools make it a valuable resource for traders at any level of their careers. Whatever amount of expertise a trader has, Glow Node gives them all the tools they need to be successful. Experienced traders can refine their skills and novices can pick up new tricks from it.

Glow Node Broker: Do They Use a Reliable Platform?

Eightcap is a reliable dealer that collaborates with Glow Node. Melbourne, Australia is home to the corporate headquarters of the respectable company Eightcap. The Australian Securities and Investments Commission (ASIC) oversees its activities. Since its start in 2009, Eightcap has worked hard to fulfill its aim of providing its clients with excellent financial services. Because it wants to be the greatest, the company has gone global, and it currently has five offices in five different nations.

The fact that Eightcap is governed by several laws is one of its main benefits. This allows the broker to serve customers all around the world and gives buyers access to its services. A variety of financial markets are available for trading by consumers, such as those for equities, commodities, foreign currency (FX), and indices. As a result, they have lots of chances to diversify their investments and learn more about various assets.

Eightcap gives users a choice of two trading systems: MetaTrader 4 and MetaTrader 5. These systems are regarded as industry standards because of their strong functionality and intuitive user interfaces. They give traders the tools they need to execute smart trades and make informed decisions.

Eightcap’s excellent reputation and extensive background in the financial services industry make it possible for traders to trade in a safe and reliable environment thanks to the partnership between Glow Node and Eightcap. This partnership significantly improves the trading experience by guaranteeing that Glow Node traders have access to a trustworthy and regulated broker.

Glow Node Funding Programs and Challenges: Rules and Requirements

Traders at Glow Node have access to a range of plans, each customized to meet their goals and trading preferences.

Let’s examine these programs in more detail:

Program Type and Description:

• Two-Phase Evaluation Program Accounts:
• Identify skilled traders through a two-phase evaluation process.
• Trade with 1:30 leverage.
• Choose from various account sizes with corresponding prices.
• One-Phase Evaluation Program Accounts:
• Complete evaluation requirements at their own pace with unlimited time.
• Trade with 1:30 leverage.
• Select an account size based on their preference.
• Instant Funding Program Accounts:
• Skip the evaluation and start earning immediately.
• Trade with 1:30 leverage.
• No time limitations.
• Choose an account size that suits their trading needs.

Two-Phase Evaluation Program Accounts:

Glow Node’s two-phase evaluation method aims to recognize and reward trustworthy and informed sellers. Here’s a summary:

1. Account Sizes: The cost of an account varies depending on its size.
2. The first evaluation component is to set an 8% profit target without losing more than 5% per day or 10% altogether. Regarding the shortest and longest business day during phase one, there are no rules.
3. Phase Two of the Evaluation: Aim for a 5% profit while adhering to their maximum loss constraints. In phase two, there are no set restrictions for trade days.
4. Funded Account: After completing both stages, traders will have a funded account with no profit targets, a 5% daily loss limit, and a 10% loss limit.
5. Payout: Fourteen calendar days after the first trade, the first payout takes place. After that, payouts occur every two weeks.
6. Strategies for Expanding: A strategy has been established. If traders can make a 10% profit in three months and still have money in their account after the third month, they will receive a 30% account raise.

One-Phase Evaluation Program Accounts:

With this software, traders can meet the assessment standards at their own pace. This is an overview:

1. Account Sizes: Select the size of your account based on your trading style and financial constraints.
2. Traders should aim to generate 10% profit during the assessment period and not lose more than 4% every day or 8% overall. Trade days are not subject to any rules.
3. Account With Money: Upon successful completion of the review procedure, they will be granted access to a money account with no profit targets, a 4% daily loss cap, and an 8% total loss cap.
4. Payout: The first payout occurs 14 calendar days following the first trade. Payouts take place every two weeks after that.
5. The objective is to turn a 10% profit in three months and have a positive account value after that time, much like two-phase evaluation accounts. Trader accounts will increase by thirty percent if they take this action.

Instant Funding Program Accounts:

Traders can immediately begin making money by omitting the review stage. The details are as follows:

1. Account Sizes: Traders can choose from a range of account sizes, each with an associated fee.
2. Features of the account: 1:30 leverage and unlimited trading time are available to traders.
3. Profit share: Depending on how well they trade, traders could earn between 80% and 90% of the profit.
4. Growth plan: To earn a 15% profit in three months, get a 30% account rise, and end the third month with a positive account balance.

Common Program Rules:

Profit Goal: They have to reach a certain amount of money before they finish the assessment, withdraw their earnings, or open a larger account.

Any size account might see a daily loss of up to 5% of its value.

Maximum Loss: A 10% maximum loss may be incurred on any account.

No Martingale Allowed: When making a purchase, traders are not allowed to use the Martingale strategy.

Risks Associated with Third Parties: Traders who use EAs or third-party copy trading may wind up overspending or copying the trading approach of another trader.

Glow Node’s trader plans are designed to help several traders reach their goals, with a wealth of options and rules to follow. Traders with Glow Node can thrive in the trading industry, regardless of their desire for scrutiny or quick financial gain.

Best Glow Node Alternatives:

E8 Markets (Best Overall)

E8 Markets is a standout proprietary trading firm praised for its comprehensive and flexible trading programs. Here are some highlights:

1. User-Friendly Technology: The E8X Dashboard is highly intuitive, offering in-depth analytics for evaluating trading strategies. It displays real-time and historical data clearly, helping traders make informed decisions.

2. Flexible Evaluation Process: E8 Markets provides a range of account types, including the E8 Account, E8 Track, and ELEV8 Account. These accounts cater to different trading styles and experience levels, with realistic profit targets and no minimum or maximum trading day requirements. This flexibility allows traders to progress at their own pace.

3. Generous Profit Sharing: Successful traders can enjoy up to an 80% profit split, with opportunities to scale account balances significantly. The firm’s scaling plan further enhances traders’ potential to grow their capital.

Sign up with E8 Markets today!

The Trading Pit (Best Resources)

The Trading Pit stands out in the prop trading industry for its comprehensive offerings and robust support for traders. Here’s why traders praise this firm:

1. Diverse Account Options: The Trading Pit offers multiple account types tailored to different trading styles and risk appetites. Whether you’re into forex, futures, or a combination of both, there’s an account that fits your needs. Their VIP accounts, in particular, provide substantial initial balances and the potential to earn significant profits.

2. Profit Sharing: Traders can start with a 50% profit split, which can increase up to 80% for forex and 70% for futures. This incentivizes traders to perform well and maximize their earnings as they progress through their trading journey.

3. Top-Notch Trading Platforms: The Trading Pit supports industry-leading platforms like MetaTrader 4 and 5, ensuring traders have access to reliable, feature-rich environments for executing their strategies. These platforms support various trading styles, from scalping to automated trading.

4. Comprehensive Challenges and Scaling Plans: Their well-structured trading challenges help traders improve their skills while working towards real funding. The scaling plans are particularly impressive, allowing traders to scale up their accounts significantly as they meet performance targets.

5. Strong Partner Network: The Trading Pit collaborates with top brokerage firms and partners globally. This network ensures traders benefit from excellent trading conditions, including tight spreads, low commissions, and deep liquidity pools.

6. Educational and Certification Opportunities: For those looking to grow their trading careers, The Trading Pit offers opportunities to partner with the firm, provide financial advice, and even produce trading signals. They also support traders in obtaining official certifications, enhancing their professional credentials.

Certainly, they are the best available prop firm in the market right now.

Get Funded Today with The Trading Pit

My Flash Funding (Best for New Traders)

My Flash Funding is an innovative proprietary trading firm that offers a supportive and flexible trading environment, making it a great choice for traders. Here are some key highlights:

1. Flexible Trading Rules: My Flash Funding allows traders to hold trades overnight and over weekends, engage in news trading, and use various trading strategies without restrictions on lot sizes or trading styles. This flexibility is designed to empower traders to follow their unique strategies without unnecessary constraints.

2. Evaluation Programs: The firm offers both a one-step and a two-step evaluation challenge. The two-step evaluation has realistic profit targets of 6% for each phase, with a 4% maximum daily drawdown and 8% maximum loss. The one-step evaluation requires a 10% profit target with a 4% maximum daily drawdown and 6% maximum trailing drawdown. Both programs have no minimum trading day requirements and allow unlimited time to complete the evaluations.

3. Generous Profit Sharing: Traders can earn an attractive 80% profit split, with opportunities to scale their accounts significantly. Payouts are bi-weekly, ensuring regular access to profits for successful traders.

Get Funded Today with My Flash Funding

Glow Node Proof of Payment:

Glow Node should be at the top of their list if they’re looking for a trading tool that can handle everything. This innovative service has garnered a lot of appreciation, as seen by Trustpilot’s great rating of 4.6 stars.

Users enjoy Glow Node because of its lively Discord community, easy account setup process, good trading conditions, and first-rate customer service. Glow Node offers the resources and opportunity to assist traders to get better, whether they are aspiring traders looking for funds or are day traders, scalpers, or short-term swing traders.

Glow Node is made to guarantee that busy traders of all stripes have a great trading experience, regardless of their level of experience with futures, FX, stocks, cryptocurrencies, or other financial instruments. Are you ready to become a better trader?

Click here to open an account and unlock their trading potential with Glow Node.

Glow Node Fees: How Much Do They Charge?

The membership cost of Glow Node Prop Firm varies according to the size of the account.

The following is a list of the available account sizes and the corresponding costs:

• The smallest account, the $5,000 one, has an assessment cost of $50.
• There will be a $99.00 review fee for traders who choose a $10,000 account.
• It will cost them $199 if they select the $25,000 account.
• The review fee for a $50,000 account is $349.
• There is a $499 review fee on the $100,000 account.
• The maximum account amount is $200,000, and there is a $999 evaluation fee.

It’s important to keep in mind that these charges reflect the review costs related to the size of each funded account. Put another way, they will need to pay the evaluation fee that is commensurate with the size of the account they have chosen before they can start their evaluation in the program.

What Makes Glow Node Unique?

In the trading community, Glow Node is unique in that it offers three distinct funding packages tailored to accommodate various trading styles. Glow Node is unique in that it offers traders a great deal of autonomy. They can trade on the weekends as well as during significant news events and overnight.

Let’s examine each of their programs in more detail:

Program for Two-Phase Evaluation: Traders must finish two distinct stages to be eligible for biweekly rewards through Glow Node’s two-phase evaluation program. Phase 1 and Phase 2 profit targets are 8% and 5%, respectively. Less stringent guidelines apply, with a 5% daily loss cap and a 10% loss cap. It’s crucial to remember that the number of trading days that can occur at any stage is unlimited. What distinguishes it from other leading prop firms is the inclusion of the scaling plan in the two-phase assessment program.

One-Phase Evaluation Program: Unlike the two-phase program, traders are not able to select from a variety of account quantities in Glow Node’s one-phase evaluation program. To be eligible for payment every two weeks, traders must adhere to a 10% profit target, a 4% daily loss cap, and an 8% maximum loss cap. The shortest and longest trade days are unlimited, just like in the two-phase scheme. This curriculum is unique in that it has a growth plan.

Instant Funding Program: Traders can easily start making money straight away with Glow Node’s fast funding program. The primary requirement is that traders adhere to 5% daily and maximum loss caps. Quick funding accounts have a scaling plan that enables them to generate additional revenue, much like the other programs. The absence of minimum and maximum trading days aligns with Glow Node’s objective of granting traders autonomy.

Glow Node distinguishes itself from other businesses in the same industry by providing a range of funding options that are tailored to meet the requirements of various traders. Its dedication to relaxing trading regulations, allowing trading on weekends and during major events, adds to its allure. The only thing to keep in mind is that Glow Node does not accept martingale strategies because it aims to encourage ethical trading.

Glow Node Reviews: What Do Their Customers Say?

Trustpilot:

114 users have given Glow Node an overall rating of 4.7 out of 5 stars on Trustpilot. Trustpilot has confirmed its background. This is a good place for the firm.

#1. Excellent client service is provided. I encountered a few issues while I was away, but as soon as I opened the tickets, I received a timely response. I owe the management a great deal.

#2. I had to contact support because my account had been inactive. But they very kindly offered to reactivate it so I could have another chance, and I appreciated that. I’m learning how to use MatchTrader, and it seems like it’s easy for beginners to use. I use a different lot calculator for the deals. According to my experience, the support was prompt. I’m not sure about those situations as I haven’t dealt with payments or refund requests, but because I was the one who led to the deactivation of my account, I thought it was thoughtful of them to revive it.

#3. I appreciate that the moderators are allowing me another chance to organize and go with this, even though I haven’t had a chance to use it yet. They offer quality service.

#4. Two days ago. I tried asking him some questions. I have yet to receive an answer; could you kindly provide adequate support?

I sent you a question on Twitter, but I never received a response. I was merely advised to wait for the response from the chatbot.

#5. I am at a loss for words. I could not have added more, having never imagined what happened here. It is truly unfortunate and unsatisfactory. I’ve learned from my mistakes and have a firm grasp on the suitable platform. I suggest (Abundant, lol) to everyone looking for a typical company; I’ve been successfully making money there without any issues.

Glow Node Customer Support:

What makes Glow Node stand out is its well-organized and user-friendly website. The interface of the platform is designed to make it easy to navigate and access all of its features. Traders who complete the straightforward registration process for the funded trading program can start their adventure right away, provided they meet the prerequisites. Additionally, by adhering to the simple guidelines offered, traders may quickly optimize the advantages of Glow Node’s free indicators and forex training programs.

Glow Node is very active on several social media networks. Traders can get in touch with them through their 3,935-follower Twitter account or their 372-fan Facebook page. Traders who join their 3,886-member Discord channel can receive updates, more community conversations, and support.

On Glow Node’s FAQ page, traders can find a plethora of useful information to answer any general questions they may have.

Traders only need to get in touch with the Glow Node support team through their social media profiles. As an alternative, people can email them directly at support@glow-node.com. If traders need help right away, they can use their live chat support to send a message and get a response by email. For their convenience, they have a support channel on their Discord channel for any technical problems or targeted help.

One of the reasons Glow Node distinguishes out is its excellent customer service. The company has a helpful and capable customer service team that answers questions and fixes issues promptly. The Glow Node customer support team is committed to providing top-notch customer service, regardless of whether a customer requires help with technical difficulties or has questions about the platform’s features. It’s important to realize that the Glow Node website does not currently offer any more educational materials.

Wrapping it up:

Glow Node is a feature-rich trading platform that prioritizes trader education and offers a wide range of funding alternatives. Even if there are clear benefits, it’s important to weigh the pros and downsides against personal preferences before making a decision.

Many Trustpilot users have expressed satisfaction with Glow Node’s features, services, and customer support, and the website has received good reviews from them. Positive evaluations show how successful prop trading might be on the site. Nonetheless, there have been a few documented bad situations, most of which included certain laws and customer service encounters.

I recommend checking out The Trading Pit or My Flash Funding first. They are the best forex prop firms in the market right now. You can be certain of working with a licensed and safe proprietary trading company when you’re with these guys.