Our Evaluation Process
To achieve this, we collect and rely on data from user feedback, reviews, and insights.
This helps us continuously improve the value our platform delivers to our users.
To make things clear and help users make better choices, every company listed on our website goes through a simple yet thorough three-step evaluation process.
This process gives users real-time insights into the potential risks of interacting with a particular company, helping them navigate the industry with confidence.
STEP 1 - UNLISTED PHASE
There, users can upvote, review, discuss, and warn others about these companies. Additionally, users can track companies that have been delisted from ChartNomads.com or those that have gone out of business.
Only when users show significant interest in a company's products does the ChartNomads.com team evaluate the potential to move forward with the listing process, ensuring that our platform remains focused on user-driven value and transparency.
STEP 2 - INITIAL LISTING
Once listed, companies are ranked into one of five categories:
- Bronze
- Silver
- Gold
- Platinum
- Diamond
What Does the Category Mean?
Being listed on ChartNomads.com shows potential, but it doesn't guarantee success in the long run. That’s why we use a categorizing system to give users real-time insights into how companies are performing. This helps identify both rising stars and companies that might be struggling—regardless of their time in business.
How Are Companies Ranked?
We evaluate companies based on four key metrics:
- Years in Business: How long the company has been operational.
- Total Payout Amount: The total amount paid out to traders.
- Ownership of Technology: Whether the company uses in-house technology or relies on white-label solutions.
- Average Rating: Scores from reviews across various platforms.
These metrics are weighted heavily towards years in business and total payouts, while also considering whether the company owns its technology and the review ratings.
Important Rules for New Companies (<1 Year)
New companies (less than 1 year old) are capped at the Silver category. These companies are placed in our Innovation Zone, which includes the Copper and Silver categories. This ensures fairness while allowing users to monitor their growth and potential.
Note: ChartNomads.com reserves the right to deny listing requests or remove listed companies at its discretion.
STEP 3 - CONTINIOUS MONITORING
Once a company is listed on ChartNomads.com, users gain access to:
- Exclusive discounts
- News updates
- Performance metrics
- Comparison tools to evaluate the company’s challenges against others on the platform
Dynamic Categorizing System
A company’s category is not fixed—it reflects its performance and can change over time. Categories are:
- Upgraded when a company performs well.
- Downgraded if a company underperforms.
Categories are reviewed and updated every 6 months to stay relevant.
How Are Categories Calculated?
We use the same formula introduced during the initial listing stage, which evaluates:
- Years in Business
- Total Paid Amount
- Ownership of Technology
- Review Ratings
Key Difference in Ongoing Categories
For ongoing categories, we only consider reviews from our own platform to ensure consistency and relevance.
Maintaining Status
To maintain their category, companies must meet specific customer satisfaction requirements, including:
- High review rating
- Fast and reliable payout durations
- Continuous product improvements
- and most importantly Satisfied clients
Why This System Matters
This ranking system promotes accountability and helps users make well-informed decisions based on real-time company performance.
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A MUST need Tool for every Prop Trader. Beginner Friendly and packed with details to find the best fit for the clients needs. Can’t recommend this enough!

I definitely love the website and all the features it has and most people should definitely check it out and use it for them self. It has great information that traders always can use.

As a funded trader, I can vouch for ChartNomads. Their verified reviews and rule updates make them my go-to for everything in prop trading.

Unique idea which brings the transparency to a new level, I’m fully supporting it and would love to see how they will verify payouts numbers.

Chart Nomads provides an incredible service to the prop trading community. I respect the deep and unbiased analysis on the most important topics.

Love the effort Chart Nomads have put to bring this unique ,overall great product with unique features, setting new standards for the space! Try it out and wont be disappointed!

Chart Nomads built something exceptional. I am confident the whole industry will benefit out of their platform.

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