Glow Node is a proprietary trading firm with a premium funding plan for traders worldwide. They started with a vision to help traders become profitable by seeing a gap in the market and allowing traders a chance to work with more significant amounts of capital.
- One-step evaluation and two-step evaluation
- Chance to customize your evaluation objectives
- Excellent Trustpilot rating of 4.7/5
- Scaling up to $1,000,000
- Bi-weekly withdrawals
- Scaleable profit split up to 90%
- Unlimited trading period
- No minimum trading day requirements
- Overnight holding and weekend holding is allowed
- News trading is allowed
- Weekend crypto trading is allowed
- Low 1:30 leverage
- Trailing drawdown on one-step evaluation
Glow Node is a proprietary trading firm with a premium funding plan for traders worldwide. They started with a vision to help traders become profitable by seeing a gap in the market and allowing traders a chance to work with more significant amounts of capital. By providing capital and education to traders, they believe that by partnering up, everyone can come out on top. They allow traders to earn generous profit splits by managing up to $1,000,000 and taking home up to 90% profit. This can be achieved by trading forex pairs, commodities, indices, and crypto.
Who are Glow Node?
Glow Node is a proprietary trading firm founded in April 2022 whose CEOs are Sam Bradbury and Ryan Beasley. They are a UK-based prop trading firm with offices located in London. Glow Node offers traders worldwide two unique funding programs, a one-step and two-step evaluation. Additionally, traders also have a third option, which is to customize their one-step or two-step evaluation. All three evaluation programs offer a unique scaling plan that allows you to acquire capital up to $1,000,000. Glow Node will enable you to trade on MetaTrader 4 or MetaTrader 5 while using Eightcap as their broker.
They are an officially registered UK company based in London, with an official address registered at 86-90 PAUL STREET, LONDON, ENGLAND, EC2A 4NE, and company number: 14037065.
Who is the CEO of Glow Node?
Sam Bradbury and Ryan Beasley are co-founders of Glow Node.
Video Review
Funding options
Glow Node offers traders two unique evaluation programs to choose from, as well as the option to customize your evaluation objectives:
- Two-phase evaluation program accounts
- One-phase evaluation program accounts
Two-phase evaluation program accounts
Glow Node’s two-phase evaluation program account aims to identify talented traders who are rewarded for their consistency in the two-phase evaluation period. The evaluation program account allows you to trade with 1:30 leverage.
| Account Size | Price |
|---|---|
| $5,000 | $50 |
| $10,000 | $99 |
| $25,000 | $199 |
| $50,000 | $349 |
| $100,000 | $499 |
| $200,000 | $999 |
Evaluation phase one requires a trader to reach a profit target of 8% while not surpassing their 5% maximum daily loss or 10% maximum loss rules. When it comes to time limitations, note that you have no minimum or maximum trading day requirements during phase one. In order to proceed to phase two, you are only required to reach the 8% profit target without breaching the maximum daily or maximum loss limit rules.
Evaluation phase two requires a trader to reach a profit target of 5% while not surpassing their 5% maximum daily loss or 10% maximum loss rules. When it comes to time limitations, note that you have no minimum or maximum trading day requirements during phase two. In order to proceed to funded status, you are only required to reach the 5% profit target without breaching the maximum daily or maximum loss limit rules.
By completing both evaluation phases, you are awarded a funded account where you have no profit targets. You are only required to respect the 5% maximum daily loss and 10% maximum loss rules. Your first payout is 14 calendar days from the day you place your first position on your funded account. Note that whenever you receive your first payout, all of your next payouts will also be based on a bi-weekly basis. Your profit split will be 80% based on the profit you make, which can be increased to 90% by successfully scaling your funded account for the first time.
Two-phase evaluation program account scaling plan
Two-phase evaluation program accounts also have a scaling plan. You are required to reach a profit target of 10% or more within a three-month period. In addition, your account balance must be positive at the end of the 3rd month. You will receive an account increase of 30% of the original account balance.
Example:
After 3 months: If you have a $200,000 account, your account balance will increase to $260,000.
After next 3 months: Balance of $260,000 increases to $320,000.
After next 3 months: Balance of $320,000 increases to $380,000.
And so on…
Trading instruments for the two-phase evaluation program accounts are forex pairs, commodities, indices, and cryptocurrencies.
Two-phase evaluation program account rules
- Profit target is a specific percentage of profit that a trader is required to obtain before they can complete an evaluation phase, withdraw profits, or scale their account. Phase 1 profit target is 8% while phase 2 has a profit target of 5%. Funded accounts have no profit targets.
- Maximum daily loss is the maximum loss a trader can reach on a daily basis before the account is violated. All account sizes have a maximum daily loss of 5%.
- Maximum loss is the maximum loss a trader can reach overall before the account is violated. All account sizes have a maximum loss of 10%.
- No martingale allowed means that traders are not allowed to use any type of martingale strategy while trading.
- Third-party copy trading risk means that if you intend to use copy trading services, you should keep in mind that by using a third-party copy trading service, there might be other traders that are already using it and therefore exactly the same trading strategy. By using a third-party copy trading service, you potentially run the risk of being denied a funded account/withdrawal if you exceed the maximum capital allocation rule.
- Third-party EA risk means that if you intend to use an EA, you should keep in mind that by using a third-party EA, there might be other traders that are already using it and therefore using exactly the same trading strategy. By using a third-party EA, you potentially run the risk of being denied a funded account/withdrawal if you exceed the maximum capital allocation rule.
One-phase evaluation program accounts
Glow Node’s one-phase evaluation program account allows traders to meet the evaluation requirements in an unlimited time period, where you are allowed to trade with 1:30 leverage.
| Account Size | Price |
|---|---|
| $5,000 | $75 |
| $10,000 | $149 |
| $25,000 | $249 |
| $50,000 | $399 |
| $100,000 | $599 |
The evaluation phase requires a trader to reach a profit target of 10% while not surpassing their 4% maximum daily and 8% maximum trailing loss rules. You are allowed to trade for an unlimited time period. During this time, you are only required to reach the profit target while also having no minimum trading day requirements in order to proceed to funded status.
By completing the evaluation phase, you are awarded a funded account where you have no profit targets. You are only required to respect the 4% maximum daily and 8% maximum trailing loss rules. Your first payout is 14 calendar days from the day you place your first position on your funded account. Note that whenever you receive your first payout, all of your following payouts will also be based on a bi-weekly basis. Your profit split will be 80% based on the profit you make, which can be increased to 90% by successfully scaling your funded account for the first time.
One-phase evaluation program account scaling plan
One-phase evaluation program accounts also have a scaling plan. You are required to reach a profit target of 10% or more within a three-month period. In addition, your account balance must be positive at the end of the 3rd month. You will receive an account increase of 30% of the original account balance.
Example:
After 3 months: If you have a $100,000 account, your account balance will increase to $130,000.
After next 3 months: Balance of $130,000 increases to $160,000.
After next 3 months: Balance of $160,000 increases to $190,000.
And so on…
Trading instruments for the one-phase evaluation program accounts are forex pairs, commodities, indices, and cryptocurrencies.
One-phase evaluation program account rules
- Profit target is a specific percentage of profit that a trader is required to obtain before they can complete an evaluation phase, withdraw profits, or scale their account. The evaluation phase profit target is 10%.
- Maximum daily loss is the maximum loss a trader can reach on a daily basis before the account is violated. All account sizes have a maximum daily loss of 4%.
- Maximum trailing drawdown is the maximum drawdown that is equal to the distance between the highest account balance achieved and the maximum drawdown. All account sizes have a maximum trailing drawdown of 8%.
- No martingale allowed means that traders are not allowed to use any type of martingale strategy while trading.
- Third-party copy trading risk means that if you intend to use copy trading services, you should keep in mind that by using a third-party copy trading service, there might be other traders that are already using it and therefore exactly the same trading strategy. By using a third-party copy trading service, you potentially run the risk of being denied a funded account/withdrawal if you exceed the maximum capital allocation rule.
- Third-party EA risk means that if you intend to use an EA, you should keep in mind that by using a third-party EA, there might be other traders that are already using it and therefore using exactly the same trading strategy. By using a third-party EA, you potentially run the risk of being denied a funded account/withdrawal if you exceed the maximum capital allocation rule.
Customizable Evaluation Option
Traders have the opportunity to customize their trading objectives of the one-step or two-step evaluation.
Two-step Customization
Traders can choose between four account sizes.
| Account Size | Price (Depends on Customization) |
|---|---|
| $10,000 | $60 – $125 |
| $25,000 | $120 – $245 |
| $50,000 | $210 – $402 |
| $100,000 | $300 – $584 |
Traders have four customizable trading objectives, which include the profit split, daily drawdown, and maximum drawdown.
| Trading Objective | Customization Choices |
|---|---|
| Profit Split | 60%, 65%, 70%, 75%, 80% |
| Daily Drawdown | 3%, 4%, 5%, 6% |
| Maximum Drawdown | 5%, 6%, 7%, 8%, 9%, 10%, 11%, 12% |
One-step Customization
Traders can choose between four account sizes:
- $10,000
- $25,000
- $50,000
- $100,000
| Account Size | Price (Depends on Customization) |
|---|---|
| $10,000 | $75 – $168 |
| $25,000 | $150 – $331 |
| $50,000 | $200 – $443 |
| $100,000 | $300 – $662 |
Traders have four customizable trading objectives, which include the profit split, daily drawdown, and maximum drawdown.
| Trading Objective | Customization Choices |
|---|---|
| Profit Split | 60%, 65%, 70%, 75%, 80% |
| Daily Drawdown | 3%, 4%, 5% |
| Maximum Drawdown | 4%, 5%, 6%, 7%, 8% |
What makes Glow Node different from other prop firms?
Glow Node is different from most industry-leading firms due to having two unique funding programs, a one-phase, and a two-phase evaluation, as well as an option to customize your one-step or two-step evaluation. They also have almost no restrictions on your trading style. You can trade during news, hold trades overnight, and during the weekends.
Glow Node’s two-phase evaluation program is a two-phase evaluation program that requires traders to complete two phases before being eligible for bi-weekly payouts. The profit target is 8% in phase one and 5% in phase two, with a 5% maximum daily and 10% maximum loss rules. In addition, you have no minimum or maximum trading day requirements in each evaluation phase before becoming funded. Two-step evaluation programs also have a scaling plan. Compared to other industry-leading prop firms, they have average profit targets and relaxed trading rules with no minimum and maximum trading day limitations.
Example of comparison between Glow Node & My Forex Funds:
| Trading objectives | Glow Node | True Forex Funds (Limitless) |
|---|---|---|
| Phase 1 Profit Target | 8% | 8% |
| Phase 2 Profit Target | 5% | 5% |
| Maximum Daily Loss | 5% | 5% |
| Maximum Loss | 10% | 10% |
| Minimum Trading Days | No Minimum Trading Days | 5 Calendar Days |
| Maximum Trading Period | Phase 1: Unlimited Phase 2: Unlimited | Phase 1: Unlimited Phase 2: Unlimited |
| Profit Split | 80% up to 90% | 80% |
Example of comparison between Glow Node & FundedNext:
| Trading objectives | Glow Node | FundedNext (Stellar) |
|---|---|---|
| Phase 1 Profit Target | 8% | 8% |
| Phase 2 Profit Target | 5% | 5% |
| Maximum Daily Loss | 5% | 5% |
| Maximum Loss | 10% | 10% |
| Minimum Trading Days | No Minimum Trading Days | 5 Calendar Days |
| Maximum Trading Period | Phase 1: Unlimited Phase 2: Unlimited | Phase 1: Unlimited Phase 2: Unlimited |
| Profit Split | 80% up to 90% | 80% up to 90% |
Example of comparison between Glow Node & E8 Funding:
| Trading objectives | Glow Node | E8 Funding (Normal) |
|---|---|---|
| Phase 1 Profit Target | 8% | 8% |
| Phase 2 Profit Target | 5% | 5% |
| Maximum Daily Loss | 5% | 5% |
| Maximum Loss | 10% | 8% (Scaleable up to 14%) |
| Minimum Trading Days | No Minimum Trading Days | No Minimum Trading Days |
| Maximum Trading Period | Phase 1: Unlimited Phase 2: Unlimited | Phase 1: Unlimited Phase 2: Unlimited |
| Profit Split | 80% up to 90% | 80% |
Compared to other prop firms, with Glow Node’s one-phase evaluation programs, you can choose between different account sizes where you must complete one phase before being eligible for bi-weekly payouts. The profit target for the evaluation program is 10%, with a 4% maximum daily and 8% maximum trailing loss limits. Regarding time limitations, note that there are no minimum or maximum trading day requirements. The one-phase evaluation program also has a scaling plan. Compared to other industry-leading prop firms, they also have no minimum or maximum trading day requirements.
In conclusion, Glow Node is different from other industry-leading prop firms by offering two unique funding programs, as well as an option to customize your funding program. In addition, they also provide traders with straightforward and relaxed rules, which makes them an excellent choice for any trader. For example, you can trade during news, hold trades overnight, and during the weekends. The only thing you should keep in mind is that any martingale strategy is prohibited.
Is getting Glow Node capital realistic?
It’s essential to see how realistic the trading requirements are when looking at prop firms that best suit your forex trading style. For example, a company offering a high % profit split on a highly funded account sounds great, but if they expect high % gains per month with low % maximum drawdowns, your chances of success become close to zero.
Receiving capital from two-phase evaluation programs is realistic mostly since they have average profit targets (8% in phase one and 5% in phase two) with average maximum loss rules (5% maximum daily and 10% maximum loss). In addition, you also have no minimum or maximum time limitations.
Receiving capital from the one-phase evaluation program is realistic since they have an average profit target of 10% with average maximum loss rules (4% maximum daily and 8% maximum trailing loss). You should also keep in mind that you have no minimum or maximum time limitations.
After considering all of that, Glow Node is an excellent choice to get funded since you have two different funding programs you can choose from, as well as an option to customize your evaluation with realistic trading objectives to follow and conditions to receive payouts bi-weekly.
Payment proof
Glow Node was incorporated in April 2022 by Sam Bradbury and Ryan Beasley, who are co-founders of the company. Traders are allowed to request their first withdrawal after 14 calendar days. After the first payout, note that all future payouts will also be based on a bi-weekly basis.
On their Discord channel, you can find the channel ”payouts”, where you will find certificates that are rewarded to individuals who have successfully withdrawn their profits.
Which brokers does Glow Node use?
Glow Node uses Eightcap as its broker.
Eightcap is an ASIC-regulated broker in Melbourne, Australia. They were founded in 2009 with a simple, straightforward mission to provide exceptional financial services to its clients. They have five offices around the globe and regulations in multiple locations, providing clients worldwide with the ability to trade on markets across FX, indices, commodities, and shares.
As for trading platforms, they allow you to trade on MetaTrader 4 or MetaTrader 5.
Trading instruments
Glow Node allows you to trade forex pairs with 1:30 leverage, commodities with 1:10 leverage, indices with 1:10 leverage, and cryptocurrencies with 1:3 leverage.
| FOREX: | USDCHF | GBPUSD | EURUSD | EURJPY | USDCAD |
| AUDUSD | EURGBP | EURAUD | EURCHF | EURJPY | GBPCHF |
| CADJPY | GBPJPY | AUDNZD | AUDCAD | AUDCHF | AUDJPY |
| CHFJPY | EURNZD | EURCAD | CADCHF | NZDJPY | NZDUSD |
| GBPAUD | GBPCAD | GBPNZD | NZDCAD | NZDCHF | EURHUF |
| EURCZK | EURDKK | ERUHKD | EURNOK | EURPLN | EURSEK |
| EURTRY | EURZAR | GBPDKK | GBPNOK | GBPSEK | NOKSEK |
| USDCNH | USDCZK | USDDKK | USDHKD | USDHUF | USDILS |
| USDMXN | USDNOK | USDPLN | USDRUB | USDSEK | USDSGD |
| CADSGD | USDTRY | USDZAR | EURSGD |
| COMMODITIES: | XAUUSD | XAGUSD | XPTUSD | COPPER | NGAS |
| UKOil | USOil |
| INDICES: | US30 | SPX500 | DAX | US30 | UK100 |
| ESP35 | JPY225 | FRA40 | EUSTX50 | NAS100 |
| CRYPTO: | BTCUSD | XRPUSD | DASHUSD | EOSUSD | ETHUSD |
| IOTAUSD | LTCUSD | NEOUSD | OMGUSD | XMRUSD | BCHUSD |
| BNBUSD | BATUSD | ETCUSD | TRXUSD | XLMUSD | ZECUSD |
| DOGEUSD | SHBUSD1000 | ADAUSD | SOLUSD | DOTUSD | AVAUSD |
Trading fees
Trading commission:
| Assets | Fee terms |
|---|---|
| FOREX | 7 USD / LOT |
| COMMODITIES | 0 USD / LOT |
| INDICES | 0 USD / LOT |
| CRYPTO | 0 USD / LOT |
Spread:
In order to check the live spreads login to the trading account below:
| Platform | Server | Login number | Password | Download platform |
|---|---|---|---|---|
| MetaTrader 4 | EightcapLTD Demo3 | 2145781908 | 3HfxtWj | Click here |
| MetaTrader 5 | Eightcap PTY | 4566532 | v21ojNWs | Click here |
Education & Support for traders
Glow Node provides traders an opportunity to join free live trading sessions through their Discord channel. These sessions include mindset training, market breakdowns, and much more, so be sure to take a look if you are interested.
You can also find a thread on ForexFactory named ‘’PROP FIRM HUB’’ made by MasterrMind, where Glow Node also gets mentioned numerous times.
To see the mentioned thread, click here.
In addition, Glow Node also provides a well-structured dashboard that all of their traders can access, making it easier to manage risk with all the objectives, trading rules, and statistics being clearly displayed and updated on a regular basis.
Traders’ comments about Glow Node
Glow Node has excellent feedback from their reviews.
On Trustpilot, they have a large variety of their community commenting and giving positive feedback with an excellent score of 4.7/5 out of 151 reviews. A vast majority of their community praises their straightforward trading objectives and rules, as well as their engagement with their community through their Discord channel.
In addition, numerous community members also praise their exceptional customer support team, who are very fast and efficient whenever anyone from their community encounters an issue.
Social media statistics
Glow Node can also be found on social media.
They have a:
They also have a Discord channel with 3,886 members where you can follow all of their announcements, ask for help in their support channel, or just chat with the community about trading strategies.
Support
Glow Node has a FAQ page where you can find general information that you might be looking for.
The support team is available on their social media, or you can directly contact them on their email [email protected].
They also have active live chat support, where you can message them and receive a reply by email.
You can also check out their Discord channel, which has a Support channel if you face any support or technical issues.
Conclusion
In conclusion, Glow Node is a legitimate proprietary trading firm that offers traders a chance to choose between two unique funding programs, a two-phase evaluation and a one-phase evaluation program, as well as an additional option to customize your evaluation program.
Two-phase evaluation programs are an industry-standard two-phase evaluation challenge that requires the completion of two phases before becoming funded and being eligible to earn profit splits on a bi-weekly basis. Glow Node requires traders to reach profit targets of 8% in phase one and 5% in phase two before becoming funded. These are realistic trading objectives, considering you have a 5% maximum daily and 10% maximum loss rules to follow, as well as no time limitations during both evaluation phases. With two-phase evaluation programs, you can earn 80% up to 90% profit splits while also being able to scale your accounts.
With one-phase evaluation programs, you can choose from different account sizes. The one-step evaluation account requires you to hit a profit target of 10% during an unlimited time period with 4% maximum daily and 8% maximum trailing loss rules before you can start earning on a bi-weekly basis. With one-phase evaluation programs, you can earn 80% up to 90% profit splits while also being able to scale your accounts.
I would recommend Glow Node to anyone looking for a prop firm with straightforward and relaxed trading rules. They are a well-established proprietary trading firm that offers an excellent funding experience with ideal trading conditions for a big pool of individuals. After considering everything Glow Node has to offer, they are for sure one of the better proprietary trading firm options within the prop trading industry.
This review of Glow Node was lastly updated on 08.11.2023 at 13:34 CE(S)T.
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