Hoorah Trade Review 2025: Unlock Your Trading Potential
The Pros & Cons of Hoorah Trade
- Beginner-friendly
- Multiple evaluation programs
- Refundable evaluation fees
- No time limits on some programs
- High profit split (80%)
- No personal capital required
- Access to high capital
- No hidden fees
- Flexible trading platforms
- Scaling plan for long-term growth
- Daily loss limit instead of overall limit
- Affordable monthly subscription
- Active community & support
- Good for non-US traders
- Recognized & trusted in the industry
- No MetaTrader 4 (MT4) or MetaTrader 5 (MT5) support
- Strict evaluation rules
Prop Firm Detailed Information
Overview | |
Name | Hoorah Trade |
CEO | Not specified |
Backed by | Not specified |
Account Size | $5,000 to $250,000 |
Profit Splits | Up to 85% |
Broker-backed | Yes, with partnerships with established brokers |
US Trader | Yes, available for US traders |
Trading Requirements | |
Pass the evaluation program | Required |
Minimum Trading Days | None (for some programs) |
Max Loss Limit | Daily loss limits apply |
Payout Frequency | On-demand payouts available within 24 hours |
Platform | cTrader, TradingView, DXtrade |
Trading Conditions | |
Instruments | Forex pairs, commodities, indices, cryptocurrencies |
Trading Hours | 24/5, typical trading hours |
Restrictions | |
Copy Trading | Not mentioned |
Grid Trading | Not mentioned |
High-Frequency Trading (HFT) | No restrictions on trading styles like news or HFT |
Account Payout and Allocations | |
Payout Method | Bank transfer, PayPal, or other specified methods |
Account Scaling | Scalable, payouts based on performance |
Additional Information | |
Educational Support | Not mentioned |
Customer Support | 24/7 via live chat, Discord, Telegram |
Geographical Availability | Global (including US) |
Trustpilot Rating | 4.6 |
Account Types | Single-phase, Two-phase, and Direct Funding accounts |
What is Hoorah Trade?
Hoorah Trade is a proprietary trading firm designed to help traders access capital without personal financial risk. With a focus on flexibility and transparency, Hoorah Trade offers multiple evaluation programs, a high-profit split of up to 85%, and no time limits on some challenges. Traders can access accounts ranging from $5,000 to $250,000 and earn payouts based on their performance.
Hoorah Trade provides traders with an opportunity to trade with real capital and the tools to enhance their success. Whether you're a seasoned trader or just starting, Hoorah Trade offers tailored programs to suit your needs, along with ongoing support to help you reach your full potential.
Key Features of Hoorah Trade
Funded Trading Accounts
Hoorah Trade provides traders with the opportunity to trade with up to $250,000 in capital, offering single-phase, two-phase, and direct funding options.
Profit Sharing
Funded traders keep up to 85% of their profits, making it one of the most competitive prop firms in the industry.
Educational Resources
The firm supports traders through community engagement on Discord, live webinars, and performance-tracking tools.
Trading Platforms
Hoorah Trade supports cTrader, TradingView, and DXtrade, ensuring flexible trading opportunities.
Tradable Instruments
Traders can access a variety of markets, including forex, commodities, indices, and cryptocurrencies.
Evaluation Process
Hoorah Trade provides multiple evaluation paths, including a direct funding model, allowing skilled traders to start trading immediately.
Scaling Plan
Traders demonstrating consistency can scale their accounts over time, increasing their capital allocation.
Consistency Rule
Unlike some firms, Hoorah Trade does not strictly enforce consistency rules, allowing traders more freedom in their strategies.
Unique Features That Set Hoorah Trade Apart
- Flexible Evaluation Options: Choose from single-phase, two-phase, or direct funding programs.
- No Minimum Trading Days: Some programs allow traders to complete the evaluation as quickly as possible.
- No Hidden Fees: Transparent pricing with no surprise costs.
- Instant Funding for Experienced Traders: Direct funding options allow traders to start without an evaluation.
- Multiple Trading Platforms: Supports TradingView, cTrader, and DXtrade (no MT4/MT5).
- Affordable Pricing & Refundable Fees: Competitive pricing, and evaluation fees refunded upon successful completion.
Hoorah Trade Trading Rules and Regulations
Key Trading Rules During Evaluation
- Daily Loss Limit: Traders must adhere to a predefined daily loss cap.
- No Mandatory Consistency Rules: Greater flexibility in trading strategy.
- Trading Hours: 24/5 access with some restrictions on high-impact news trading.
- Leverage: Varies by account type and instrument.
Live Account Rules
- Profit Withdrawals: Withdrawals based on account agreements, typically bi-weekly or monthly.
- Scaling Plan: Traders can increase account size with consistent performance.
- No Time Constraints: No pressure to pass evaluations quickly.
Is Hoorah Trade Legit or a Scam?
Hoorah Trade is a well-regarded proprietary trading firm with positive feedback from traders. The firm offers high profit splits, multiple evaluation options, and transparent pricing. While it lacks MT4/MT5 support, it compensates with TradingView, cTrader, and DXtrade.
With a strong reputation, flexible funding options, and a trader-first approach, Hoorah Trade is a legitimate and reliable choice for aspiring funded traders.