Forex Prop Firm is a proprietary trading firm to provide its traders with a comfortable trading environment. That is why they have developed and are offering four different funding programs to traders worldwide. They allow you to earn high-profit splits of up to 100% while managing initial account sizes of up to $200,000 and being able to scale up to an account balance of $10,000,000. This can be achieved by trading forex pairs, commodities, indices, stocks, and cryptocurrencies.
Benefits of Trading with Forex
● Four different funding programs
● Excellent Trustpilot rating of 4.6/5
● Excellent support team
● 10% profit split from evaluation phases
● Scaling plan up to $10,000,000 capital
● Profit splits up to 100%
● Bi-weekly payout cycles
● A large variety of trading instruments (forex pairs, commodities, indices, stocks, crypto)
● No maximum trading days on three funding programs
● Overnight trading and holding is allowed
● News trading allowed
What makes a Forex Prop Firm different from other prop firms?
Forex Prop Firm differs from most industry-leading prop firms due to offering four different funding programs: One-step evaluation, two-step evaluation, no time limit two-step evaluation, and instant funding. They also have simple trading rules, allowing you to trade during news releases and hold trades overnight, as well as during the weekend, while also being awarded a 10% profit split from your demo phases.
Forex Prop Firm offers its traders four different programs to choose from:
● One-step Evaluation
● Two-step Evaluation (No Daily Drawdown during Evaluation)
● No Time Limit Two-step Evaluation
● Instant Funding
One-step Evaluation
Forex Prop Firm’s one-step evaluation program account requires traders to meet the evaluation requirements with no time limitations, where they are allowed to trade with up to 1:30 leverage. The evaluation phase requires a trader to reach a profit target of 10% while not surpassing their 4% maximum daily and 6% overall drawdown limit rules. During your evaluation period, you have no minimum or maximum trading day requirements, meaning that you can trade at your own pace without any additional time pressure.
Two-step Evaluation (No Daily Drawdown during Evaluation)
Forex Prop Firm’s two-step evaluation program account has the aim of identifying disciplined and talented traders who are rewarded for their consistency in the limited two-step evaluation period. The two-step evaluation program account allows traders to trade with up to 1:30 leverage. You should also keep in mind that you have no daily drawdown rules to follow while working with the two-step evaluation program account.
Evaluation step one requires a trader to reach a profit target of 8% while not surpassing their 12% maximum loss rule. You are only required to hit your profit target in 35 calendar days from the day you place your first position on your evaluation account. In addition, you also have a five minimum trading day requirement to proceed to step two.
No Time Limit Two-step Evaluation
Forex Prop Firm’s no-time limit two-step evaluation program account has the aim of identifying disciplined and talented traders who are rewarded for their consistency in an unlimited two-step evaluation period. The no-time limit two-step evaluation program account allows traders to trade with up to 1:30 leverage. Evaluation step one requires a trader to reach a profit target of 10% while not surpassing their 5% maximum daily loss or 10% maximum loss rules. When it comes to time limitations, note that you have no maximum trading day requirements during phase one. However, you are required to trade a minimum of three trading days to proceed to step two.
Instant Funding
Forex Prop Firm’s instant funding program account aims to identify experienced traders who can skip the evaluation period altogether and start earning from the start. Traders should only focus on not surpassing the 5% maximum daily loss and 5% overall drawdown limit rule. They will be awarded 80% up to 100% profit splits based on the profit they make while trading with up to 1:30 leverage. In addition, you should keep in mind that you have a five minimum trading day requirement and a 5% profit target before being eligible to request your first withdrawal. After your first payout, you will be allowed to request your withdrawal on a bi-weekly basis, on the 1st and the 16th of each month. However, keep in mind that you only become eligible if you have generated a profit of 5% or more.
Testimonials
● Darren Fox
1st time with this company and so far amazing they give you a fair chance of passing challenges due to no daily drawdowns. Once funded the daily exists. Which is fair. Passed my 2nd phase 50k today. So looking forward to working with FPF
● Fabio Turibio
I recently got funded with FPF and so far they have been great.
– Fast and attentive support
– Transparency
– Affordable Challenges
– Good Trading Conditions
● Huraira Khan
Been Funded with other prop firms but they just can’t compare to FPF. Even my students switched over when I told them about FPF. The rules, scaling plan, support, timely payouts, consistent improvements, affiliate program and community (where I made great connections) is the reason I consider them my home team. I wish everyone more Abundance and success!
Conclusion
Forex Prop Firm is a proprietary trading firm founded in January 2022. We can find a large amount of payment proof of their traders who managed to generate profits and become eligible for a profit split. Keep in mind that after successfully reaching funded status with any of the four funding programs that Forex Prop Firm is offering, you will be eligible for your first payout in 30 calendar days. In addition, you should note that you can request a withdrawal on the 1st and the 16th of each month while also being able to generate a minimum profit of 5% to be eligible. Your payout will consist of a 90% profit split which can be increased up to 100% by engaging in Forex Prop Firm’s scaling plan.