The Trading Pit was founded in Vaduz, Liechtenstein in 2022 by Illimar Mattus, under private equity firm Pinorena Capital (which also backs Tickmill and Darwinex); its futures arm, The Trading Pit Futures, launched the same year. It runs 1-step and 2-step evaluation challenges across CFDs, futures and crypto, with an 80% profit split scaling toward 90%. Despite strong growth and numerous industry awards, its Trustpilot profile has since been suspended for fake reviews and it has drawn scrutiny from prop-firm watchdogs over payout denials - worth flagging to cautious traders.