profile-header
logo
FX Capital Funding

Details About FX Capital Funding

Legal Name: FX CAPITAL FUNDING LIMITED
Company Number: 14759730
Country of Registeration: GBGB
CEO: Rob Glen & Ephi Raymond
Support Mail: [email protected]
Phone: +447845286437
Payment Modes: Credit/Debit Card, PayPal, Mastercard, Wire transfer/ Bank Transfer, Crypto, Visa
Withdrawal Methods: Wire Transfer/ Bank Transfer, Crypto, PayPal
Website: https://fxcapitalfunding.com
Banned Countries:

Challenge Details at FX Capital Funding

Types of Challenges: One Phase Challenge, Two Phase Challenge
Trading Platforms: DXTrade, MatchTrader, cTrader
Trading Instruments: Forex, Crypto, Indices, Metals, CFDs, Commodities
Broker: ThinkMarkets
Max Allocation: $400,000
Scaling: $Not available
Trading Competitions: Does not organize Trading Competitions
Free Trials: Offers free Trials
default ad

About FX Capital Funding

Blog Banner

FX Capital Funding is one of the new prop firms that has emerged as a strong prop firm who has made quite an impact while being a straight forward prop firm. FX Capital funding was started in June 2023 and since then there has been no complaints regarding this prop firm. FX Capital Funding is based in United Kingdom and led by CEO Rob Glen & Ephi Raymond. Under their leadership, FX capital funding has over 3,800 traders and for funding programs, FX capital Funding offers both 1-step and 2-Step challenges in which traders can get a maximum allocation of up to $400,000.

Company Information

Company Name : FX Capital Funding

Company Legal Name and Registration No. :  FX CAPITAL FUNDING LIMITED (14759730)

Company CEO : Rob Glen & Ephi Raymond

 

Podcast - Luckily, we got the chance to host the CEO of FX Capital Funding ROB GLEN on our podcast where he talked about how their prop firms works in a more in-depth way and also how they stand out from the crowd. 

Podcast Link - https://youtu.be/MHDb8hkuE1c?si=5IO76HEArkRj6-EZ

Challenge Details

FX Capital Funding offers 2 types of trading programs, 1 Step Prop Firm Challenge and 2 Step Prop Firm Challenge.

1 Step Prop Firm Challenge

Pricing : 

  • $5,000 : $35
  • $10,000 : $75
  • $25,000 : $190
  • $50,000 : $375
  • $100,000 : $750
  • $250,000 : $2000
  • $400,000 : $3600

Rules:

  • Profit Target: 10%
  • Total Loss: 6%
  • Daily Loss: 5%
  • Profit Share: 80%
  • Drawdown Type: Static
  • Time Limit: Unlimited
  • Leverage: FX - 50:1, Indices - 10:1, Oil - 5:1 and Crypto - 2:1 
  • Max Lot Size: No limit
  • Payout Frequency: 30 Days
  • Allows Copy Trading: Yes
  • Min Trading Days: 0 Days

2 Step Prop Firm Challenge

Pricing : 

  • $5,000 : $25
  • $10,000 : $50
  • $25,000 : $125
  • $50,000 : $225
  • $100,000 : $450
  • $250,000 : $1250
  • $400,000 : $2200

Rules:

  • Profit Target(Phase 1): 10%
  • Profit Target(Phase 2): 5%
  • Total Loss: 8%
  • Daily Loss: 5%
  • Profit Share: 80%
  • Drawdown Type: Static
  • Time Limit: Unlimited
  • Leverage: FX - 50:1, Indices - 10:1, Oil - 5:1 and Crypto - 2:1 
  • Max Lot Size: No limit
  • Payout Frequency: 30 Days
  • Allows Copy Trading: Yes
  • Min Trading Days: 0 Days

News Trading Rules :-

FX Capital Funding does not allow News Trading before and after 3 minutes of a high impact news or any red folder event, trading around this 6 minute window is strictly prohibited by FX Capital Funding. Any account that involves themselves in such practice will not be taken lightly as any profit made within this period will be removed, leverage given in the account will be reduced or worst case scenario would be that the account will be breached and terminated. 

Other Important Rules :-

Daily Drawdown Calculation

FX Capital Funding recalculates daily drawdown based on the equity and balance whichever is higher at the end of the day and the drawdown limit will reset every day at 5PM EST. The drawdown also recalculate the drawdown even if a trader has a floating balance and it will be calculated based on the current profit or loss that trade is making, therefore this drawdown also grows or shrinks the drawdown limit.

Countries Banned from Purchasing

FX Capital Funding does not provide any service to the OFAC Listed countries. For more information about OFAC listed countries, Click here.

Prohibited Strategies 

There is a list of strategies that are simply just not allowed by FX Capital Funding.

  • Utlizing non-public signals or insider information
  • Using one strategy to pass the account and then using a different strategy for funded accounts
  • Arbitrage
  • Latency arbitrage
  • Utilizing Non-Public or insider information like signals 
  • Hedging in the same account or with multiple accounts
  • Off-the-Shelf EAs
  • Front Running Trades

Payout Methods :

FX Capital Funding offers 2 payment methods for withdrawing the profits.

  • bank transfer
  • Crypto