Rules for FPFX Pro

Posted on 2024-08-14 Updated on 2024-05-20

Evaluation Phases

Phase 1:

  • Profit Target: Achieve 8% profit on the initial account balance. HFT Allowed 
  • Maximum Daily Loss (Equity-Based):Do not exceed a 6% equity loss in a single day.This includes both closed and floating losses, as well as swaps and commissions.If your equity decreases by more than 6% from the day’s starting balance at any time during the day, it will be considered a breach.
  • 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 (Equity-Based): Do not exceed a 6% equity 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 (only Funded Stage). 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.

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