The 3-step system gave me enough time to adjust and stay consistent. Unlike other firms, Hoorah doesn’t rush the process.
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.
Hoorah Trade Video Review
Frequently Asked Questions (FAQs)
How do I get started with Hoorah Trade?
What trading platforms does Hoorah Trade support?
Is Hoorah Trade available for non-US traders?
How long does it take to get funded?
What happens if I fail the evaluation?
Are evaluation fees refundable?
Hoorah Trade Propfirm Review Details
Luwam Ermias
EE
Tristan Fetherston
DK
Passed the first 2 phases quickly — rules are simple and fair. Took a bit longer on Phase 3, but got funded with no issues.
Bisultan Shishani
BG
Signed up for the $5K instant account. Activation was smooth, and I was live the same day. No hoops to jump through — just trade.
Aloys van Hugten
GR
Instant funding was tempting, but I chose the 3-step route to save money. Took longer, but I earned the account with no upfront funding risk.
Vicente H. Young
CA
Passed my evaluation in 9 days. Platform is sharp and stable. Love the crypto payouts — great for international traders like me.
John E. Nance
BE
Their instant funding sounds great, but $1,749 for $50K with 10% DD is steep. Better value out there if you're careful with your budget.
Blake D. Burris
US
Hoorah Trade was a surprise win. I passed the 3-step challenge in two weeks. Rules are straightforward, and payout in crypto was super fast.
Kai Conlon
AU
$5K Weekly Challenge – Entry-Level, Budget-Friendly! Just starting out? This weekly challenge starts at only $16.99 per week. Reach a 5%–6% profit target, stay within drawdowns, and get funded — no pressure, no expiration. A great choice for developing traders looking for a low-cost path to fundin
Benjamin McGrath
AU
$50K Instant Funding – Trade Now, No Challenge! Ready to skip the evaluation? This plan gives you $50,000 in immediate capital with a 10% drawdown and 80% profit split. No waiting, no second phase — just pay a one-time fee and start live trading. Perfect for experienced traders ready to act fast and trade on their own terms.
Samuel Marr
US
$25K 3-Step Classic Challenge – Smart, Structured, and Scalable! Ideal for traders who value rules and risk management, this plan sets a 5% profit target with 5% daily and max drawdown limits. With no time limits and only 5 minimum trading days, it's flexible yet disciplined. Pass all 3 phases, and earn a funded account with 80% profit share. A strategic pick for traders who prefer steady progression.