RISK

Trading carries substantial risk of loss. Prop evaluation fees are typically non-refundable and the majority of traders do not pass first attempts. This comparison is for informational purposes only and does not constitute financial advice. Read full risk warning

HEAD-TO-HEAD COMPARISON · 2026

Trading Cult vs Simplex Trading

Side-by-side comparison of trust scores, profit splits, payout speed, and real trader reviews. Independent data — no sponsored rankings.

TCLT

Trading Cult

EST. 2024

SPLX

Simplex Trading

EST. 2004

TRADING CULT

METRIC

SIMPLEX TRADING

53/100BETTER

TRUST SCORE

—0/100

5/5BETTER

RATING

—0/5

80%

PROFIT SPLIT

—

$2,000,000

MAX FUNDING

—

$30

MIN COST

—

14d

PAYOUT DAYS

—

PASS RATE

—

1BETTER

REVIEW COUNT

—0

TRADING CULT DETAILS

STEPS: 2-phase
DRAWDOWN: Fixed
MARKETS: Forex, Indices, Commodities, Metals, Crypto
PLATFORMS: MT4, MT5, cTrader
TYPES: Fast Payout, Instant Funding

SIMPLEX TRADING DETAILS

STEPS: -phase

Trading Cult PROS

+Min challenge cost of $30 is significantly below the industry average of $186.7, lowering the barrier to entry.
+Max funding of $2,000,000 is more than double the industry average of $839,272.7.
+Fixed drawdown type provides traders with predictable and stable risk boundaries.
+Profit target of 8% aligns with the industry average of 7.9%, setting a fair challenge threshold.

Trading Cult CONS

−News trading and EA/automated trading are both not allowed, severely restricting trading strategies.
−Weekend holding is not allowed, limiting flexibility for traders with longer-term positions.
−Days to first payout of 14 is more than double the industry average of 6.5 days, delaying trader income.

Simplex Trading PROS

+Founded in 2004, giving Simplex Trading over 20 years of operational history, suggesting longevity.
+US-based firm operating in a well-known financial jurisdiction.
+Long track record may indicate institutional-level stability compared to newer prop firms.
+No further data is available to substantiate additional pros at this time.

Simplex Trading CONS

−No key metrics such as profit split, drawdown, funding levels, or challenge cost are provided.
−Absence of platform and market data makes it impossible to assess trading conditions.
−Traders cannot compare Simplex Trading against industry averages without core financial data.

PROPDNA VERDICT

Trading Cult

Higher trust score (53/100). Faster payouts at 14d. 80% profit split.

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