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The Concept Trading

Best for: Australian firm · no daily drawdown

$100k price
See site · Scaling model
Profit split
50–90%
Payout
Every 7 days1
Steps
Varies
Max loss
3–10%
Daily loss
None
Platforms
TradeLocker
No code listed right now Check the firm's site for current offers.

About The Concept Trading

The Concept Trading is the trading name of The Concept AU/NZ Pty Ltd, an Australian company registered in 2021 and based in Maroochydore, Queensland. It sells four one-step models (Premier, Traditional, Empire and Xtreme), a two-step Foundation challenge and Instant Funded accounts. Starting balances run from $1K to $200K depending on the model, and the firm says Xtreme accounts can scale to $50M notional.

The split starts at 50% and rises to 90% at the top level or under the firm’s 90% Lock Rule. Drawdown is static, from 3% to 10%, with no daily loss limit; news trading is allowed, and payouts can be requested every 7 days once eligible. Plans start at $65 for Foundation, with small starting balances built to scale up. Trustpilot shows 4.7 from 471 reviews.

What traders say

Recent Trustpilot and Google reviewers mostly praise The Concept's simple rule set (static drawdown, no daily loss limit and few restrictions on trading style), fast payouts once targets are hit, and an Australian support team they can reach by phone. Traders also like how quickly accounts scale once targets are met.

Traders like

  • Simple rules: static drawdown, no daily loss limit, no time limit
  • Quick payouts and account scaling once targets are met
  • Reachable, responsive support, including by phone from Australia

Highlights from public reviews on the sites below, in our own words.

Ratings by source

Source Rating Reviews
Trustpilot ↗ 4.7/5 471
Google ↗ 4.6/5 11
Prop Firm Guide rating 4.7/5 482

Checked 23 September 2026. Our rating averages these scores, weighting each site by its number of reviews (counted up to 1,000 per site), so a handful of reviews can't swing it and no single site outweighs the rest.

Rules and payouts

Profit split
50% base, up to 90% under the firm's 90% Lock Rule
Drawdown basis
Static, no daily limit
News trading
Allowed
Pricing
Small accounts that scale up; from $65 (Foundation)

Key facts

Founded
2021
Headquarters
Maroochydore, Queensland, Australia
Company
The Concept AU/NZ Pty Ltd
Max allocation
$200K starting; up to $50M on Xtreme, per the firm
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Prices and rules checked 23 September 2026. Rules vary by program; confirm the challenge's current terms on the firm's site before purchasing. We may earn a commission when you use our links, at no additional cost to you.