Company Information

Company Name: Forex Prop Firm
Company Legal Name: FPF Technology LLC
Company Registration No.: 1419455
Operating Since: January 1, 2022
CEO Name: Undisclosed

Challenge Details

Forex Prop Firm offers four main challenge programs and three instant funding programs. Here’s an organized look at each:

1-Step Challenge

Pricing:

$5,000 account: $71
$10,000 account: $109
$25,000 account: $239
$50,000 account: $369
$100,000 account: $609
$200,000 account: $1,099
$400,000 account: $2,089

Rules:

Profit Target: 10%
Total Loss: 6%
Daily Loss: 4%
Profit Share: 80%, up to 95%
Drawdown Type: Static Drawdown
Time Limit: Unlimited
Leverage: Forex (1:30), Indices (1:30), Commodities (1:30), Crypto (1:5)
Max Lot Size: No limit
Payout Frequency: Every 14 days
Allows Copy Trading: Yes
Min Trading Days: 0

2-Step Challenge

Pricing:

$5,000 account: $85
$10,000 account: $149
$25,000 account: $289
$50,000 account: $439
$100,000 account: $729
$200,000 account: $1,329
$400,000 account: $2,599

Rules:

Profit Target (Phase 1): 8%
Profit Target (Phase 2): 5%
Total Loss: 12%
Daily Loss: 0%
Profit Share: 80%, up to 95%
Drawdown Type: Static Drawdown
Time Limit: Unlimited
Leverage: Forex (1:30), Indices (1:30), Commodities (1:30), Crypto (1:5)
Max Lot Size: No limit
Payout Frequency: Every 14 days
Allows Copy Trading: Yes
Min Trading Days: 0

2-Step Pro Challenge

Pricing:

$5,000 account: $71
$10,000 account: $109
$25,000 account: $239
$50,000 account: $369
$100,000 account: $609
$200,000 account: $1,099
$400,000 account: $2,089

Rules:

Profit Target (Phase 1): 10%
Profit Target (Phase 2): 5%
Total Loss: 10%
Daily Loss: 5%
Profit Share: 80%, up to 95%
Drawdown Type: Static Drawdown
Time Limit: Unlimited
Leverage: Forex (1:30), Indices (1:30), Commodities (1:30), Crypto (1:5)
Max Lot Size: No limit
Payout Frequency: Every 14 days
Allows Copy Trading: Yes
Min Trading Days: 0

3-Step Challenge

Pricing:

$5,000 account: $65
$10,000 account: $99
$25,000 account: $179
$50,000 account: $259
$100,000 account: $419
$200,000 account: $789
$400,000 account: $1,549

Rules:

Profit Target (Phase 1): 6%
Profit Target (Phase 2): 5%
Profit Target (Phase 3): 5%
Total Loss: 7%
Daily Loss: 5%
Profit Share: 80%, up to 95%
Drawdown Type: Static Drawdown
Time Limit: Unlimited
Leverage: Forex (1:30), Indices (1:30), Commodities (1:30), Crypto (1:5)
Max Lot Size: No limit
Payout Frequency: Every 14 days
Allows Copy Trading: Yes
Min Trading Days: 0

Instant Funding Programs

Forex Prop Firm also provides three instant funding programs—Pro, Advance, and Premium.

Instant Funding Pro

Pricing:

$10,000 account: $200
$25,000 account: $500
$50,000 account: $1,000
$100,000 account: $2,000
$200,000 account: $4,000
$400,000 account: $8,000

Rules:

Profit Target: None
Total Loss: 5%
Daily Loss: 5%
Profit Share: 20%
Drawdown Type: Static Drawdown
Time Limit: Unlimited
Leverage: Forex (1:30), Indices (1:30), Commodities (1:30), Crypto (1:5)
Max Lot Size: No limit
Payout Frequency: Every 14 days
Allows Copy Trading: Yes
Min Trading Days: 30

Instant Funding Advance

Pricing:

$10,000 account: $300
$25,000 account: $750
$50,000 account: $1,500
$100,000 account: $3,000
$200,000 account: $6,000
$400,000 account: $12,000

Rules:

Profit Target: None
Total Loss: 5%
Daily Loss: 5%
Profit Share: 50%
Drawdown Type: Static Drawdown
Time Limit: Unlimited
Leverage: Forex (1:30), Indices (1:30), Commodities (1:30), Crypto (1:5)
Max Lot Size: No limit
Payout Frequency: Every 14 days
Allows Copy Trading: Yes
Min Trading Days: 30

Instant Funding Premium

Pricing:

$10,000 account: $500
$25,000 account: $1,250
$50,000 account: $2,500
$100,000 account: $5,000
$200,000 account: $10,000
$400,000 account: $20,000

Rules:

Profit Target: None
Total Loss: 5%
Daily Loss: 5%
Profit Share: 80%
Drawdown Type: Static Drawdown
Time Limit: Unlimited
Leverage: Forex (1:30), Indices (1:30), Commodities (1:30), Crypto (1:5)
Max Lot Size: No limit
Payout Frequency: Every 14 days
Allows Copy Trading: Yes
Min Trading Days: 30

Scaling Plan

Forex Prop Firm offers a unique scaling plan where traders can request a scale-up on their funded accounts by reinvesting 10% of their profits. With this Scaling Plan, Traders have the potential to scale up to $10 million. Scale-up requests should be submitted via email at support@forexpropfirm.com, including the account number.

Spreads and News Trading Rules

Spreads:

Forex Prop Firm has not mentioned the information on spreads.

News Trading Rules:

Forex Prop Firm allow traders to trade during news without any restrictions.

Other Important Rules

Daily Drawdown Calculation:

Forex Prop Firm calculates Daily Drawdown based on the Balance-based drawdown which means the drawdown recalculates daily based on the account balance at the start of each day and only increases as the account progresses.

Countries Banned from Purchasing:

Forex Prop Firm allow traders from all around the world to use their services.

Gambling Rules:

Abusive trading or gambling-style approaches are not allowed. Traders are expected to maintain responsible trading behavior.

Prohibited Trading Strategies

Hedging: Multiple accounts for hedging are not allowed.
Martingale/Grid Trading/Layering: Prohibited due to speculative nature. Additional positions are permitted if needed for strategy but not excessively.
Abusive Buying/Selling: No abuse of rapid buying/selling within short time frames.
High-Frequency EAs and Arbitrage Strategies: High-frequency scalping, tick scalping, latency arbitrage, reverse arbitrage, hedge arbitrage, or the use of emulators are not allowed.

Payout Methods

Traders can request withdrawals directly from their client dashboard. Payouts are processed to the preferred method (RISE & Crypto).

Trading Commissions

Forex Prop Firm has set their trading commission rates as :

For Forex, Crypto, Commodities: $4.5 per lot
For Indices: $0.45 per lot

IP Rule

Traders are only allowed to trade from the same IP address and regions from which they have purchased the account through all the evaluation phase and funded phase. Any change in the IP Address or geographical location may lead to verification and trader will have to provide proof of changing their location, Not being able to provide proof can lead to account suspension.

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