Hello and welcome to my Billions Club Review.
This review provides you with detailed information about the Billions Club platform.
First, I’ll share whether it’s a legitimate opportunity or just another scam to be cautious of.
Next, I’ll explain how the program operates and what you can expect to invest if you decide to join the trading community.
Taking that in mind, let us begin…
Billions Club Review Summary
Product Name: Billions Club
Product Type: Proprietary Firm
Evaluation Fee: Starting from $43 depending on your account size.
Official URL: billionsclub.com
Other Company’s Details:
- BLN Tech Club DMCC
- Goldcrest Executive Building, Office No. 1210, JLT, Cluster C, Dubai, United Arab Emirates
Founder: Jakub Roz
Overall Rating: 8/10
My Recommendation: Yes, but not for everyone.
Billions Club Review – Overview
The Billions Club Proprietary trading platform offers traders the opportunity to engage in forex trading using the company’s funds.
They have a funding program designed to help you generate passive income online while utilizing their capital.
However, there’s a prerequisite: you need to demonstrate your trading prowess to qualify for this funding program.
The process starts with the prop firm’s challenge program, where they assess your skills. During this challenge, you’re tasked with reaching a predefined profit target while adhering to the platform’s trading rules.
It’s worth noting that this phase involves trading on a demo account, using virtual funds.
As you engage in trading during this stage, you’ll accumulate profits in the market, which are rewarded to you for your trading efforts.
Once you successfully complete the evaluation process, you’ll transition to a funded account, where you’ll have access to real capital. This allows you to trade with a live account and profit from the forex market.
The company is quite flexible, enabling you to withdraw up to 90% of your earnings and maximize your trading opportunities to work towards achieving financial independence.
Additionally, they allow you to recoup your registration fee with your initial payout, giving you peace of mind if you consistently generate profits as an online trader.
Pros Of Billions Club
- Offers a profit share of up to 90%.
- Doesn’t set any time limit to complete a single stage of the trading journey.
- Excellent ratings on the trust pilot platform.
- Offers weekly payment.
- Realistic profit target.
- Allows news trading
- Provides 24/7 customer support
- Offers instant payment via Deel when you make your withdrawal.
- Allows you to trade with a capital of up to 1.5 million dollars.
Cons Of Billions Club
- Doesn’t offer weekend trading
- No overnight trading
- No retry is allowed in the program
Who Should Join Billions Club?
Billions Club company is searching for exceptionally skilled traders who can consistently generate profits in the forex market.
To be eligible, you must be at least 18 years old and possess the necessary trading expertise and experience for forex trading.
This unique opportunity enables you to utilize the company’s capital to create a passive income stream through forex trading.
It’s crucial to note that only those who demonstrate high profitability will thrive on the platform.
This prop firm employs a trading challenge to assess your trading abilities before granting you a funded trading account.
Consequently, failing to meet our evaluation standards will result in the inability to continue trading with our company’s capital.
Who Is The Founder/CEO Of Billions Club?
Jakub Roz is the co-founder and CEO of Billions Club prop firm.
He is also a tech expert and stock market enthusiast known for his skills in both fields.
Additionally, Jakub is the current CEO and Founder of Strike Market, a top-notch website that helps investors with unique data.
Jakub’s journey began when he was just 14, and he’s been busy ever since.
He’s worked for big names like Vodafone CZ, Czech Radio, Pilsner Urquell, BRIT, T.M. Lewin, and DHL, and he’s had success with his own projects too.
Jakub also talks about what he knows at industry events and has been interviewed many times.
He’s a respected voice in the world of technology and finance.
Check out this other image of him and his team of founding members:
What Is The Billions Club?
Billions Club is a home-based proprietary trading firm that provides traders with the opportunity to trade in the forex market using their capital.
The in-house system identifies the best-performing traders worldwide and allows them to trade in the forex market.
You don’t need to invest your capital as the company provides you with the required money to trade.
Through their funding program, you’ll get the opportunity to choose your preferred account size and start trading to achieve your financial freedom.
However, you must prove your trading skills in their challenge for you to qualify for their trading capital.
If you fail in the challenge, you’ll not qualify for the funded account as you may end up having your account suspended.
For this reason, only highly profitable traders stand a high chance of succeeding in the platform.
In addition, the prop firm has additional trading rules that you must respect to enable continuing trading with their funded account.
To learn more, let’s go through how the program works and get a detailed explanation of the entire process.
How Does The Billions Club Work?
Billion Club platform works by allowing you to trade using their capital and earn your preferred profits in the forex market.
Before you reach the funded account, you’ll have to pass through the following steps;
Step One: Enter The Trading Challenge
This is the first and the easiest step in the program that requires you to get your trading credentials to get started.
This process can take less than a minute to let you get started with your trading on the platform.
To get the trading credentials, simply register on the platform and purchase your referred account package.
Step Two: Complete The Challenge Phase One
When you enter the challenge, you’ll need to showcase your trading skills by completing the challenge.
This involves reaching the profit target required in the challenge stage while respecting the other trading rules set in the platform.
For instance, in the challenge phase one, you must reach a profit target of 8% for you to pass the stage and move to stage two.
Step Three: Complete Challenge Phase Two
If you reach the second phase of your evaluation phase, then it means you can trade and make profits in the forex market.
In this stage, the prop firm verifies that you truly passed through the first phase of your challenge to confirm your trading skills.
The verification process requires you to reach a profit target of 5% while respecting the rules set in the platform.
For instance, the prop firm requires high consistency in trading and requires you to be more profitable while maintaining consistency in trading.
Step Four: Performance & KYC Check
At this stage, the prop firm manually analyzes your trading results to ensure you can trade with their capital.
The company also conducts a KYC check that helps confirm and know the person they are trading with.
This process is mandatory before you form a partnership with the company.
The prop firm offers you a contract with your partnered prop firm on the platform.
Step Five: Get A Funded Account
After reaching this stage, you’ll own your trading account funded with the company capital and start trading with real money.
The Billions Club awards you capital similar to the account balance you traded within the challenge stage.
For instance, if you were trading on a $50,000 account balance, you would be awarded a funded account with a balance of $50,000.
In this stage, you’ll be able to make profits and earn profits in the forex market allowing them to grow their trading account.
By earning more profits, you can build a passive income through trading and achieve your financial freedom on the platform.
In addition, you’ll be able to earn up to 90% of the total profits you make in your trading journey when you own your live account.
No profit targets are set for you in the platform, allowing you to trade at your set profits as you wish.
Step Six: Billions Club Member
You’ll become a firm member by partnering with the Billions Club.
This allows you to interact with other forex traders on the platform and share your trading ideas.
You’ll also learn from other traders and live the lifestyle you deserve.
Also Read: Maven Trading Review
Billions Club Trading Rules
Billions Club prop firm has the following trading rules for their traders:
Profit Target 8%, 5%
The Billions Club sets a profit target for their traders in the challenge stage that lets you move to a funded account.
In phase one of the challenge, you must reach a profit target of 8% for you to move to the next phase.
In the second phase, you must reach a profit target of 5% for you to move to the funded account.
The profit targets in the platform are calculated based on the closed positions only.
In addition, reaching the profit targets set in the platform aligns with the minimum and maximum number of trading days accepted.
Maximum Daily Drawdown 5%.
The Billions Club restricts the daily loss to only 5% on the platform.
The maximum daily drawdown percentage is calculated based on the initial account balance in the platform.
The accounts in consideration for the maximum daily drawdown are for both open and closed positions in the platform.
Maximum Overall Drawdown of 10%.
The maximum overall losses are the cumulative total losses you make in the trading platform.
The prop firm doesn’t permit you to surpass an overall loss of 10% while trading on the platform if you want to continue with your trading journey.
The maximum overall loss is also calculated based on the initial account balance in the platform.
Minimum Trading Days
The Billions Club expects their traders to trade for at least three days for you to move to the next phase.
In addition, it’s not necessary to trade for three days in a row to respect the minimum trading days rule.
You only need to trade for at least three days to move to the platform’s next level of your trading journey.
90% Profit Split
With Billions Club’s prop program, you can receive a profit share of as much as 90% of the total profits generated from your trading activities.
This implies that the company retains only 10% of its trading profits.
For example, if you make a total profit of $10,000, you can earn up to $9,000, leaving the company with only the remaining $1,000.
No Time Limit
No time limit is required to finish a single stage in the Billions Club platform for all traders.
For instance, if you are in the Billions Club challenge, there is no time limit set to finish phase one and phase two of the challenge.
This allows you to trade at your speed and a set number of trades provided you respect the minimum trading days in the platform.
Billions Club allows you to trade with a maximum leverage of 1:125.
The Billions Club allows you to increase your trading account balance to a maximum of up to 1.5 million dollars.
Traders with a funded account are eligible for this scaling plan, which increases your account balance by 25%.
There is no minimum profit requirement to get your account scaled up in the platform, provided your account has a positive balance.
The prop firm only requires you to be highly consistent in your trading to qualify for the scaling plan in the platform.
What Are The Trading Instruments Available On Billions Club
The Billions Club allows you to trade a variety of instruments which include the following:
- Forex pairs
In addition, the prop firm uses metatrader4 to execute trades in their trading platforms.
For this reason, your device must hold the metatrader4 platform for you to be able to execute the trade.
On the other hand, Billions Club uses the Purple Trading Seychelles to execute trades on the platform.
As their trusted broker, the company meets all the regulatory requirements in the forex market to hold people’s money.
For this reason, you’ll not have to worry about losing your trading funds in the hands of the broker when you start trading.
What Are The Benefits Of Joining Billions Club?
Offers profit share of up to 90%
After joining the Billions Club platform, you’ll enjoy a profit share of up to 90% of the total profits you make in your trading.
This allows traders to grow their accounts and build a passive income out of their trading journey on the platform.
No time limit to pass a single stage in the challenge
No maximum number of days is required to pass a single phase in the challenge program of the platform.
This allows you to trade at your speed and achieve your trading targets in the forex market.
Accepts weekly payout
The subsequent payments in the platform are made weekly, allowing you to enjoy your profits more often.
For instance, it will only take seven trading days to make your second subsequent withdrawal on the platform.
For this reason, you’ll only have to wait for the first fourteen days to make your first payout and then enjoy your profits every week.
Offers refund of the registration fee
The prop firm refunds your registration fee when you make your first payout on the platform.
This allows you to reclaim your money back to your pocket making you worry less about your money disappearing.
In addition, reclaiming your money back to your wallet allows you to purchase more accounts and maximize your trading journey.
Offers an excellent scaling plan
Billions Club has the best scaling plan to help you grow your account to a maximum of 1.5 million.
If you qualify for the scaling plan, your account balance will increase by 25% until you reach the maximum balance.
This scaling plan does not have any requirement making it the easiest way to increase your trading account size.
What Is The Cost Of Joining Billions Club?
The cost of joining Billions Club depends on the account size you choose to trade within the forex market.
There are up to five account sizes available on the platform which include the following:
- Starter account: $5,000 goes for $43.
- Standard account: $10,000 goes for $79.
- Advanced account: $25,000 goes for $167.
- Pro version: $50,000 goes for $239.
- Ultra-account: $100,000 goes for $423.
After purchasing your preferred account size, you’ll get the opportunity to begin your trading journey through the challenge program.
How Do You Withdraw Your Payouts On Billions Club?
If you withdraw your funds, the prop firm allows you to do so in the easiest process you will love.
You’ll only have to process your payout through Deel to your preferred payment method on the platform.
To make your first withdrawal, you must have traded for at least fourteen days on the platform and your account is profitable.
For instance, if you were trading on a $ 50,000 account, your new account should have a balance higher than $50,000 to request a withdrawal.
The second and subsequent withdrawals are done at a time interval of seven days each provided your account balance is profitable.
After processing your payout, the company also withdraws its profit share from your account.
For instance, if you make a profit share of up to $10,000, you can withdraw up to $9,000 while the company takes $1,000.
Does Billions Club Offer A Refund Policy?
The Billions Club allows you to reclaim your registration fee when making your first payout on the platform.
For this reason, you’ll not have to worry about losing your money on the platform if you reach the live-funded account.
However, if you fail to get a funded account, you’ll not likely be able to reclaim a refund of your registration fee.
You’ll have to purchase another challenge and start trading for you to qualify for a live-funded account to enjoy the refund policy.
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Is Billions Club A Scam Or Legit?
In my opinion, the Billions Club platform is technically not a scam.
You can build a passive income trading with the company capital.
The prop firm takes you through their funding program where you’ll have to pass their challenge to get a funded account.
When you get a funded account, you’ll get the opportunity to trade with the company capital and earn profits from your trade.
The prop firm then awards you a profit share of up to 90% of your total profits from the platform.
This makes you grow your account and maximize your profits to achieve your preferred profit share.
The prop firm also sets a realistic profit target that is easy to pass compared to other companies in the same industry.
This makes it a better option for traders with low experience levels to join their trading platform and explore their trading potential.
However, the prop firm requires highly skilled traders consistent in their trading to join the platform.
The firm takes you through their trading challenge where you’ll have to pass the set profit targets.
If you fail to pass the challenge stage, you’ll be unable to move to a funded account.
This will deny you the opportunity to succeed in your trading journey and eventually make you lose hope in your trading.
My Assessment Of Billions Club
My assessment of the Billions Club prop firm is based on the following criteria:
Profit Splits: 9/10
The Billions Club offers the best profit share of up to 90% to their traders on the platform.
This makes traders earn more from their trading and build a passive income in the forex market.
In addition, the excellent profit share motivates more traders to join the platform to earn more from their trade.
Scaling Opportunities: 9/10
Billions Club platform has the best scaling plan which allows you to increase your account balance by up to 25%.
The scaling opportunity increases your account balance to a maximum of up to $1.5 million.
In addition, the scaling plan allows you to maximize your trading to achieve your desired profit targets in the forex market.
Profit Targets: 8/10
The Billions Club offers realistic profit targets to their traders in their evaluation stage of trading.
This allows more traders to pass their evaluation and get a funded account on the platform.
The lower profit targets also motivate more traders to join the platform and explore their trading potential in the forex market.
Billions Club is readily affordable with its lowest account size going for as low as $43 to purchase online.
This makes it a suitable option for traders with high trading experience and low income to explore their trading potential online.
In addition, the affordability of the funding program motivates more traders to join the platform.
Trader Supports: 5/10
The prop firm offers 24/5 trader support which is less compared to the 24/7 support offered by most prop firms in the forex market.
The prop firm doesn’t allow weekend trading which denies you the opportunity to reach them over the weekends.
Tradable Assets: 8/10
Billions Club has accepted trading of various assets including forex pairs, crypto, indices, commodities, etc.
This allows you to choose your favorite asset of trade in the platform and achieve your preferred profit share.
The platform has several testimonies that express their satisfaction with the platform.
In addition, the prop firm provides a weekly payout system that enables traders to pocket their profits every week.
My Overall Rating: 8/10
In general, the Billions Club platform earns a rating of 6/10 compared to other firms in the forex market.
The prop firm has testimonies of their lucky traders who express their satisfaction with the program services.
In addition, the prop firm has an excellent profit share that motivates traders to join their platform.
What Are People Saying
Here is what people are saying about Billions Club prop firm online:
The Billions Club platform has an excellent rating on Trustpilot with 4.7/5 stars.
The prop firm has up to 89% five-star rating.
FAQs About Billions Club
What Is The Minimum Amount I Can Withdraw From The Billions Club?
The minimum amount you can withdraw from the Billions Club is $100.
This means that you must reach at least $100 profit in the platform for you to request a withdrawal.
After attaining the withdrawal amount, you can request a payout via Deel and let the processing start.
When Can I Make My First Withdrawal Request From The Billions Club?
The platform lets you make your first withdrawal after 14 days of trading.
After making the first withdrawal, you can request the second subsequent payout after every 7 days.
You can only request a withdrawal if your live trading account has a positive balance.
How Long Will I Have To Wait To Get My Money Into My Account After Making A Withdrawal Request?
The total time it’ll take to receive your funds into your account depends on your payment mode.
For instance, if you choose to work with bank transfer payment via Deel, it’ll take you between one to 3 days to receive your funds.
On the other hand, it’ll take you a moment if you choose to work with wise and Deel methods.
What Does Slippage Mean?
Slippage is the difference between the pieces of the expected trade and the price at which the real trade is executed.
Slippage can occur at any time but is always more prevalent when there is high volatility that requires the use of high market orders.
It can also occur when a large order has been executed but there isn’t enough volume at your chosen price to help maintain the spread.
What Does Floating Loss Mean In Trading?
Floating loss is the amount of unrealistic loss that changes over time depending on the evolution of the prices of the tradable instruments.
It can sometimes be called floating profits and affects many traders in the forex market as it may take time for you to note the loss.
You’ll only note the loss if it matures, bringing a difference between the buying and selling prices of the instrument you are trading online.
Thank you for reading my Billions Club Review.
If you’ve any additional comments about this prop firm, feel free to leave your comments in the section below.