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Hoorah Trade Prop Firm Review: A Complete Guide for Traders

Looking for trading firms with affordable fees? In the competitive world of proprietary trading, choosing the right prop firm is crucial. Hoorah Trade is a new but promising firm that provides traders with access to capital while minimizing personal risk. 

This detailed review explores Hoorah Trade's offerings, challenges, features, pricing, and whether it is worth joining. Here you will find a Horrah trading firm review and all the necessary information you need to know.

 

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Hoorah Trade Prop Firm Review

 

Pros & Cons of Hoorah Trade

Before starting you should know about its pros and cons. Here are some of them.

✅ Pros:

  • Low-cost challenge fees.
  • No time limits to complete challenges.
  • 80% profit split for traders.
  • Instant funding option available.
  • Wide asset selection.

Cons:

  • New firm, less proven than competitors.
  • Only supports cTrader (no MetaTrader support yet).

 

What is Hoorah Trade?

Hoorah Trade is a proprietary trading firm that funds traders who pass their evaluation process. Hoorah Trade lets traders trade without using their own money. It offers easy rules and good support to help traders succeed. 

It offers multiple account sizes, flexible rules, and high profit splits. The goal is to make trading accessible to everyone.

 

Why Choose Hoorah Trade?

✅ Flexible Trading Conditions: No time limits for challenges. 

✅ Risk-Free Scaling: Grow your account up to $1,000,000. 

✅ 80% Profit Split: Keep most of your earnings. 

✅ Low Challenge Fees: Start with as little as $16.99 per week. 

✅ Instant Funding: Get a funded account without an evaluation.

 

Hoorah Trade Account Types & Challenges

1. Three-Step Challenge

Traders must pass three evaluation stages to get funded. Each step has specific targets and risk limits.

Account Options:

  • Classic Account: 5% profit target, 5% daily loss limit, 5% trailing drawdown.
  • Competitive Account: 6% profit target, 4% daily loss limit, 4% trailing drawdown.

Key Features:

  • Minimum Trading Days: 5 days.
  • No Time Restrictions: Trade at your own pace.
  • Profit Split: 80% for traders.
  • Weekly Funded Account Fee: Free.
  • Challenge Fee: Starts at $16.99 per week.

2. Instant Funding

Skip the evaluation and trade immediately with a funded account.

Instant Funding Plans:

  • $5,000 Balance – One-time fee of $229.99.
  • $50,000 Balance – One-time fee of $1,749.99.

Key Features:

  • Profit Split: 80%.
  • Daily Loss Limit: 10%.
  • Max Trailing Drawdown: 10%.
  • No Minimum Trading Days.

 

Risk-Free Scaling Plan with Horrah Trade

Traders can scale their accounts up to $1,000,000. This allows long-term growth without added risk.

Scaling Levels:

  • $10,000 → $50,000 (Step-by-step growth)
  • $100,000 → $1,000,000 (Elite scaling)

Customization Options & Add-Ons

Hoorah Trade offers extra features to enhance trading.

  • Profit Accelerator ($39.99) – Reduce profit target by 1%.
  • Risk Manager ($39.99) – Increase daily loss limit by 1%.
  • Analyst Package ($4.99 per week) – Get expert insights.
  • Risk-Free Scaling ($99.99–$199.99) – Scale accounts to $25,000 or $50,000.

 

Available Trading Instruments

Hoorah Trade supports multiple asset classes.

  • Forex – Trade major and minor currency pairs.
  • Commodities – Gold, oil, silver, and more.
  • Indices – NASDAQ, S&P 500, Dow Jones.
  • Cryptocurrencies – Bitcoin, Ethereum.
  • Stocks – Apple, Tesla, Microsoft.

 

Trading Platform & Technology of Hoora Trade

Hoorah Trade uses cTrader, known for its advanced tools and fast execution.

Key Features:

  • Advanced Charting and Execution Tools.
  • Available on Web, Desktop, and Mobile.
  • In-Depth Performance Analytics.

 

Pricing & Fees of Hoorah Trader

Challenge Fees:

  • $10,000 Account: $16.99 per week.
  • $50,000 Account: $19.99 per week.
  • $100,000 Account: $129.99 per week.

Instant Funding Fees:

  • $5,000 Account: $229.99 (One-Time Fee).
  • $50,000 Account: $1,749.99 (One-Time Fee).

 

Is Hoorah Trade Worth It?

Hoorah Trade is a strong choice for traders seeking flexible evaluation options. It offers affordable pricing, high profit splits, and risk-free scaling. However, since it’s a new firm, traders should start with smaller accounts before scaling up.

 

Who Should Join Hoorah Trade?

✅ Beginners looking for budget-friendly challenges. 

✅ Experienced traders who want scaling opportunities. 

✅ Traders who prefer flexible rules. 

✅ Those looking for an instant funding option.

 

Hoorah Trade offers flexible, low-cost, and trader-friendly funding options. It is ideal for both beginners and experienced traders. With its low entry cost, high profit split, and risk-free scaling, Hoorah Trade is a great choice. 

Start with a small account to test the platform. Focus on consistency to increase your chances of long-term success.

 

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