Company Information

Company Name: Genesis Forex Funds
Company Legal Name: Genesis Forex Funds LLC
Company Registration No.: Undisclosed
Operating Since: Undisclosed
CEO Name: Undisclosed

Challenge Details

Genesis Forex Funds offered only one challenge account named as single-phase challenge. Here are the details:

Pricing

$5,000 account: $89
$10,000 account: $119
$25,000 account: $247
$50,000 account: $347
$100,000 account: $497
$200,000 account: $897
$500,000 account: $2,197

Rules

The challenge rules are simple and trader-centric:

Profit Target: 10%
Total Loss: 10%
Daily Loss: 5%
Profit Share: 80%
Drawdown Type: Trailing Drawdown
Time Limit: Unlimited
Leverage: Undisclosed
Max Lot Size: Undisclosed
Payout Frequency: Every 14 days
Allows Copy Trading: No
Min Trading Days: 0 days

Scaling Plan

Genesis Forex Funds did not offer any scaling plan during their operation.

Spreads and News Trading Rules

Spreads

Genesis Forex Funds had mentioned that they provide tight spreads.

News Trading Rules

News trading was allowed by Genesis Forex Funds.

Other Important Rules

Daily Drawdown Calculation

Genesis Forex Funds calculated daily drawdown based on trailing drawdown which means the drawdown amount will not grow or shrink but changes its place as the account balance reaches a new high balance.

Countries Banned from Purchasing

Genesis Forex Funds had not mentioned any list of restricted countries on their website.

Gambling Rules

Genesis Forex Funds had not mentioned any information related to gambling rules on their website.

Prohibited Trading Strategies

Genesis Forex Funds had not mentioned any list related to prohibited trading strategies on their website.

Payout Methods

Genesis Forex Funds did not mention any specific payout method but traders could withdraw their profit directly from the trader dashboard.

Trading Commissions

Genesis Forex Funds had not mentioned the trading commissions charged on their trading platform.

IP Rule

Genesis Forex Funds had not mentioned any information related to IP Rule on their website.

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Genesis Forex Funds

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