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.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.
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Forex Prop Firm

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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

  1. Hedging: Multiple accounts for hedging are not allowed.
  2. Martingale/Grid Trading/Layering: Prohibited due to speculative nature. Additional positions are permitted if needed for strategy but not excessively.
  3. Abusive Buying/Selling: No abuse of rapid buying/selling within short time frames.
  4. 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

1-Step Challenge Price Card Bar

Pricing

Size: $5000 ($71)

Size: $10000 ($109)

Size: $25000 ($239)

Size: $50000 ($369)

Size: $100000 ($609)

Size: $200000 ($1099)

Size: $400000 ($2089)

1-Step Challenge Left Icon

Features

1-Step Challenge Right Icon

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

2-Step Challenge Price Card Bar

Pricing

Size: $5000 ($85)

Size: $10000 ($149)

Size: $25000 ($289)

Size: $50000 ($439)

Size: $100000 ($729)

Size: $200000 ($1329)

Size: $400000 ($2599)

2-Step Challenge Left Icon

Features

2-Step Challenge Right Icon

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

2-Step Pro Challenge Price Card Bar

Pricing

Size: $5000 ($71)

Size: $10000 ($109)

Size: $25000 ($239)

Size: $50000 ($369)

Size: $100000 ($609)

Size: $200000 ($1099)

Size: $400000 ($2089)

2-Step Pro Challenge Left Icon

Features

2-Step Pro Challenge Right Icon

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

3-Step Challenge Price Card Bar

Pricing

Size: $5000 ($65)

Size: $10000 ($99)

Size: $25000 ($179)

Size: $50000 ($259)

Size: $100000 ($419)

Size: $200000 ($789)

Size: $400000 ($1549)

3-Step Challenge Left Icon

Features

3-Step Challenge Right Icon

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

Instant Funding Pro Price Card Bar

Pricing

Size: $10000 ($200)

Size: $25000 ($500)

Size: $50000 ($1000)

Size: $100000 ($2000)

Size: $200000 ($4000)

Size: $400000 ($8000)

Instant Funding Pro Left Icon

Features

Instant Funding Pro Right Icon

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

Instant Funding Advance Price Card Bar

Pricing

Size: $10000 ($300)

Size: $25000 ($750)

Size: $50000 ($1500)

Size: $100000 ($3000)

Size: $200000 ($6000)

Size: $400000 ($12000)

Instant Funding Advance Left Icon

Features

Instant Funding Advance Right Icon

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

Instant Funding Premium Price Card Bar

Pricing

Size: $10000 ($500)

Size: $25000 ($1250)

Size: $50000 ($2500)

Size: $100000 ($5000)

Size: $200000 ($10000)

Size: $400000 ($20000)

Instant Funding Premium Left Icon

Features

Instant Funding Premium Right Icon

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!

Disclaimer

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