Details About Forex Prop Firm
- Legal Name: The legal name of Forex Prop Firm is FPF Technology LLC.
- Company Number: The registration number of Forex Prop Firm is 1419455.
- Country of Registration: Forex Prop Firm is registered in US.
- CEO: The CEO of Forex Prop Firm is not publicly disclosed.
- Support Mail: You can contact Forex Prop Firm at no publicly available support email.
- Phone: The phone number for Forex Prop Firm is not publicly available.
- Payment Modes: Forex Prop Firm supports payments via Crypto, Credit/Debit Card.
- Withdrawal Modes: Forex Prop Firm facilitates withdrawals through Wire Transfer/ Bank Transfer, Crypto.
- Official Website: Visit the official website of Forex Prop Firm at https://home.forexpropfirm.com.
- Banned Countries: Forex Prop Firm does not allow traders from undisclosed countries.
Challenge Details at Forex Prop Firm
- Types of Challenge:The challenges offered at Forex Prop Firm include One Phase Challenge, Two Phase Challenge, Instant Funding.
- Trading Platforms:Forex Prop Firm supports trading on MatchTrader.
- Trading Instruments:Traders at Forex Prop Firm can trade Forex, Commodities, Stocks, Crypto, Indices.
- Broker:The broker associated with Forex Prop Firm is Eightcap.
- Max Allocation:The maximum allocation provided by Forex Prop Firm is 400,000.
- Scaling:The scaling potential at Forex Prop Firm reaches up to 1,000,000.
- Trading Competitions:Forex Prop Firm does not organize trading competitions for traders.
- Free Trials:Forex Prop Firm does not offer free trials to its users.
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 [email protected], 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.
Forex Prop Firm Challenge Account Pricing
1-Step Challenge
Pricing
Size: $5000 ($71)
Size: $10000 ($109)
Size: $25000 ($239)
Size: $50000 ($369)
Size: $100000 ($609)
Size: $200000 ($1099)
Size: $400000 ($2089)
Features
Drawdown Type
Balance Based Drawdown
Copy Trading
Copy Trading Allowed
Drawdown
6%%
EA Allowed
EA Allowed
News Trading
News Trading is Allowed
Profit Target
10%
Daily Loss
4%
2-Step Challenge
Pricing
Size: $5000 ($85)
Size: $10000 ($149)
Size: $25000 ($289)
Size: $50000 ($439)
Size: $100000 ($729)
Size: $200000 ($1329)
Size: $400000 ($2599)
Features
Drawdown Type
Balance Based Drawdown
Copy Trading
Copy Trading Not Allowed
Drawdown
12%%
EA Allowed
EA Allowed
News Trading
News Trading is Allowed
Profit Target
8%-5%
Daily Loss
No daily drawdown%
2-Step Pro Challenge
Pricing
Size: $5000 ($71)
Size: $10000 ($109)
Size: $25000 ($239)
Size: $50000 ($369)
Size: $100000 ($609)
Size: $200000 ($1099)
Size: $400000 ($2089)
Features
Drawdown Type
Balance Based Drawdown
Copy Trading
Copy Trading Not Allowed
Drawdown
10%
EA Allowed
EA Allowed
News Trading
News Trading is Allowed
Profit Target
8%-5%
Daily Loss
5%
3-Step Challenge
Pricing
Size: $5000 ($65)
Size: $10000 ($99)
Size: $25000 ($179)
Size: $50000 ($259)
Size: $100000 ($419)
Size: $200000 ($789)
Size: $400000 ($1549)
Features
Drawdown Type
Balance Based Drawdown
Copy Trading
Copy Trading Allowed
Drawdown
7%
EA Allowed
EA Allowed
News Trading
News Trading is Allowed
Profit Target
6%-5%-5%
Daily Loss
5%
Instant Funding Pro
Pricing
Size: $10000 ($200)
Size: $25000 ($500)
Size: $50000 ($1000)
Size: $100000 ($2000)
Size: $200000 ($4000)
Size: $400000 ($8000)
Features
Drawdown Type
Balance Based Drawdown
Copy Trading
Copy Trading Not Allowed
Drawdown
5%%
EA Allowed
EA Allowed
News Trading
News Trading is Allowed
Profit Target
None
Daily Loss
5%
Instant Funding Advance
Pricing
Size: $10000 ($300)
Size: $25000 ($750)
Size: $50000 ($1500)
Size: $100000 ($3000)
Size: $200000 ($6000)
Size: $400000 ($12000)
Features
Drawdown Type
Balance Based Drawdown
Copy Trading
Copy Trading Not Allowed
Drawdown
5%
EA Allowed
EA Allowed
News Trading
News Trading is Allowed
Profit Target
None
Daily Loss
5%
Instant Funding Premium
Pricing
Size: $10000 ($500)
Size: $25000 ($1250)
Size: $50000 ($2500)
Size: $100000 ($5000)
Size: $200000 ($10000)
Size: $400000 ($20000)
Features
Drawdown Type
Balance Based Drawdown
Copy Trading
Copy Trading Not Allowed
Drawdown
5%%
EA Allowed
EA Allowed
News Trading
News Trading is Allowed
Profit Target
None
Daily Loss
5%
Frequently Asked Questions
Reviews
No reviews availavle!