Vanquish Trader Review
Last reviewed: September 28, 2026
Vanquish Trader keeps 100% of payouts with you, with no cap and no daily loss limit, and its Advanced Options plan allows selling and spreads. The costs are in the structure: the monthly fee continues after you pass, no position may be held overnight, and there is no live stage at all, since every account is a demo account with virtual capital. The basic Options plan also trails its 5% loss limit intraday from your unrealized equity peak, and its 30% consistency rule is measured on your best single trade, which a long-options trader can hit with one good day.
Intraday options traders who want 100% payouts with no cap, and (on Advanced Options) the ability to sell premium and trade spreads.
Swing traders (nothing can be held overnight), anyone who wants real capital eventually, and long-options traders whose results come from a few large winners.
Vanquish's own pages disagree in places. Two of its blog posts describe the Performance drawdown as static, while the plans page and help center say it trails until the buffer and then locks. The Advanced Options reset fee is $99 to $749 on the sales pages but equal to the monthly price in the Terms. This review follows the plan pages and help center.
Quick facts
Payouts are 100% to the trader with no cap, and a $250 minimum. One payout request per day across all of your accounts, made between 9:30am and 4:00pm ET with positions closed. The monthly subscription continues after you pass.
Account sizes & rules
Evaluation → Funded · 30% consistency in both phases
| Account | Profit target | Max drawdown | Daily loss | Drawdown type |
|---|---|---|---|---|
| $10K | $1,000 | $500 | None | Trailing |
| $50K | $5,000 | $2,500 | None | Trailing |
| $75K | $7,500 | $3,750 | None | Trailing |
| $100K | $10,000 | $5,000 | None | Trailing |
| $150K | $15,000 | $7,500 | None | Trailing |
Evaluation → Funded · 30% consistency in both phases
| Account | Profit target | Max drawdown | Daily loss | Drawdown type |
|---|---|---|---|---|
| $10K | $1,000 | $500 | None | EOD trailing |
| $50K | $5,000 | $2,500 | None | EOD trailing |
| $75K | $7,500 | $3,750 | None | EOD trailing |
| $100K | $10,000 | $5,000 | None | EOD trailing |
| $150K | $15,000 | $7,500 | None | EOD trailing |
What works well
- 100% of payouts, with no cap
The payout FAQ says there is no cap on how much you can withdraw, and all payouts go to the trader. The minimum request is $250.
- No daily loss limit
Both plans' evaluation rules state "No Daily Loss". Only the trailing loss limit applies.
- Advanced Options allows every strategy
Short calls, short puts, spreads and multi-leg positions are allowed, except on SPX, XSP and VIX, which stay long single-leg only.
- The performance drawdown eventually locks
On a Performance account, once equity reaches the buffer (starting balance plus 5.75%) the loss limit stops trailing and locks at the starting balance plus 0.75%.
What to watch out for
- Demo accounts only: no live stage
The site states that all trading takes place on demo accounts with virtual capital and no orders reach live markets. There is no path to a real-capital account.
- The monthly fee continues after you pass
Unlike firms that stop billing at funding, Vanquish's subscription keeps running on the Performance account.
- No overnight positions
Everything must be closed by 3:59pm ET, which rules out swing trades and any overnight hold.
- Options plan: intraday trail and best-TRADE consistency
The basic plan trails 5% from your unrealized equity peak in real time, and its 30% consistency rule compares your best single trade (not day) with your total profit, so one large winner can hold up an evaluation until other trades dilute it.
Who should pick Vanquish Trader
Advanced Options allows selling and spreads, uses an end-of-day trailing loss limit, has no daily loss limit, and pays 100% with no cap.
The 30% best-trade consistency rule rewards many modest trades over a few big ones, and the basic plan allows daily payout requests.
If you never hold overnight anyway, the flat-by-3:59pm rule costs you nothing.
Frequently asked questions
What is the difference between Vanquish Options and Advanced Options?
Options (called Basic Options in the help center) allows only long single-leg calls and puts, trails a 5% loss limit intraday from the unrealized equity peak, needs 10 trades, and applies a 30% best-trade consistency rule. Advanced Options allows all strategies including selling and spreads (except SPX, XSP and VIX), uses a 5% end-of-day trailing loss limit that you still cannot breach intraday, needs 4 trading days, and applies a 30% best-day consistency rule.
How does the Vanquish consistency rule work?
On the Options plan, your best single trade must be no more than 30% of your total profit. On Advanced Options, it is your best trading day. Neither is a breach: until you are under 30%, you keep trading to dilute the largest result. On Advanced Options the firm says consistency and minimum days reset after each payout.
Can I hold positions overnight at Vanquish Trader?
No. Positions must be closed by 3:59pm ET on both plans, in both the evaluation and the Performance stage.
Is there a live funded account at Vanquish?
No. Vanquish states that all trading takes place on demo accounts using virtual capital, with no orders reaching live markets. The Performance stage is a simulated funded account that pays real payouts.
How much does Vanquish Trader cost?
List prices on September 26, 2026, billed monthly and continuing after you pass: Options $99 / $250 / $375 / $500 / $750 and Advanced Options $199 / $499 / $799 / $999 / $1,499 for 10K / 50K / 75K / 100K / 150K. Promotions change often and prices may not be current. The Advanced Options reset fee is given differently on different Vanquish pages, so confirm it with the firm.
Can TradersForge track my Vanquish account?
Not currently. Vanquish accounts run on its branded DXtrade platform, and TradersForge has no connection to DXtrade, so there is no way to sync or import those trades today.
Compare with
Sources
Rules on this page were checked against the firm’s own documentation — last on 2026-09-26. Firms change terms without notice; confirm before you buy.
- Plans and account builder — read 2026-09-26
- Terms (pricing, risk tables, subscription after passing) — read 2026-09-26
- Basic Options evaluation rules — read 2026-09-26
- Basic Options consistency rule — read 2026-09-26
- Advanced Options evaluation rules — read 2026-09-26
- Advanced Options end-of-day drawdown — read 2026-09-26
- Performance buffer — read 2026-09-26
- Payout FAQs (no cap) — read 2026-09-26
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