Forex Funded Challenge (FFC) is a prop firm that offers traders the opportunity to manage significant capital without risking their own money. With competitive pricing, transparent rules, and high-profit sharing, FFC is designed for traders who want to take their skills to the test.
Company Information
- Company Name: Forex Funded Challenge
Challenge Details
Forex Funded Challenge offer only one challenge program.
Pricing:
- Size: $10,000 account â Price: $89
- Size: $25,000 account â Price: $199
- Size: $50,000 account â Price: $299
- Size: $100,000 account â Price: $499
- Size: $200,000 account â Price: $989
Rules:
- Profit Target (Phase 1): 8%
- Profit Target (Phase 2): 5%
- Total Loss: 5%
- Daily Loss: 10%
- Profit Share: 90%
- Drawdown Type: Static
- Time Limit: Unlimited
- Leverage: 1:100
- Max Lot Size: No rule
- Payout Frequency: Every 14 days
- Allows Copy Trading: No
- Min Trading Days: 5
Scaling Plan
Currently, FFC does not offer any scaling plan.
Spreads and News Trading Rules
Spreads:
Forex Funded Challenge offers competitive spreads with no commissions on trades.
News Trading Rules:
Yes, traders are allowed to trade news! As long as the markets are open, traders are free to trade, including during high-volatility news events.
Other Important Rules
Daily Drawdown Calculation:
The daily drawdown limit is calculated based on the equity at the end of the previous day. as it is equity based drawdown, traders must understand that the drawdown limit will keep fluctuating based on the floating balance and the drawdown limit will keep increasing and decreasing based on the account size.
Countries Banned from Purchasing:
Thereâs no specific mention of banned countries at this time, making FFC accessible to traders globally unless stated otherwise in the future.
Prohibited Trading Strategies:
To maintain a fair trading environment, FFC prohibits the following strategies:
- Latency trading
- Arbitrage trading
- Group hedging/reverse trading
- Martingale
- Exploiting mispricing or front-running price feeds
- Account management services
Payout Methods
Traders at FFC can withdraw profits through several convenient methods:
- Bank Transfer
- PayPal
- Cryptocurrencies
Once your withdrawal is processed, you can jump right back into trading. FFC ensures that the payout process is seamless and efficient.
Trading Commissions
Forex Funded Challenge prides itself on offering a commission-free trading environment. They have also mentioned that there is no hidden fees or charges for slippage, making it easier for traders to maximize their profits.
