Evaluation Phases

Phase 1:

• Profit Target: Achieve 8% profit on the initial account balance. HFT Allowed 
• Maximum Daily Loss: Do not exceed 6% loss in a single day.
• Maximum Overall Loss: Cumulative losses must not surpass 12% of the account balance.

Funded Account Rules:

•  Profit Sharing: Traders can earn up to 100% of the profits.  
•  Maximum Daily Loss: Do not exceed 6% loss in a single day. 
•  Maximum Overall Loss: Cumulative losses must not surpass 12% of the account balance.  

Consistency Rule:

Traders are required to demonstrate consistent performance by maintaining steady growth. Profits should be distributed across multiple trades instead of relying on one or a few large trades. Consistency ensures disciplined trading and reduces unnecessary risk-taking.

Expert Advisors (EAs) and Prohibited Strategies:

• Permitted EAs: High-Frequency Trading (HFT) EAs are allowed during the evaluation phases but prohibited in live funded accounts.

 Prohibited Strategies:

•   News Scalping EAs 
•   Arbitrage EAs (Reverse and Latency) 
•   Multi-Account Reverse Trading EAs 
•   Tick Scalping Bots 
•   EAs designed to exploit demo server environments  
  
  Minimum Holding Period:

            Each trade must be held for a minimum duration of 3 minutes. Closing a trade before this period may result in the associated profit being forfeited.

Regards,

FPFX Support TeamTraders must use personal or unique EAs and avoid mass-market solutions.