Home General FAQ
Can I buy a New Account with my profit?
65 Out of 68 Found HelpfulIf you have accrued profits in your FPFX account, you may utilize these funds to register for a new challenge. It is essential that the profit amount meets or exceeds the registration fee for the upcoming challenge. To move forward, please reach out to our support team, who will provide guidance and assistance throughout the entire process. ...
Read MoreWhen will I get the FPFX Account?
68 Out of 69 Found HelpfulUpon achieving the profit target and adhering to the trading regulations, you will qualify for an FPFX account. To initiate the account activation, it is essential to submit the required documentation for the KYC (Know Your Customer) process and to sign the contract mandated by applicable laws. After the verification of your documents, our t...
Read MoreCan I hold my positions Overnight/Weekend?
102 Out of 110 Found HelpfulAt FPFX, you have the option to keep positions open over the weekend and overnight. However, it’s important to note that by removing these restrictions, both gains and losses can be impacted, making it crucial to apply proper risk management strategies.Additionally, recent research shows that markets often experience significant movements whe...
Read MoreHow much is the Profit Split in FPFX?
63 Out of 68 Found HelpfulAt FPFX, we are committed to fostering the success of our traders through a compelling profit-sharing structure:Initial Distribution: Traders commence with an 80/20 distribution, allowing them to keep a significant share of their earnings. Scale Program: Traders who exhibit consistent performance and enroll in the Scale Program may be eligibl...
Read MoreUse of Expert Advisors (EAs) at FPFX
56 Out of 60 Found HelpfulAt FPFX, we allow the use of automated trading systems, such as Expert Advisors (EAs), as long as our trading policies are respected.Permitted with conditions: The use of EAs is allowed, but they must not engage in prohibited practices. Prohibited strategies and practices:Use of emulators. Tick scalping. Autotrading that involves prohib...
Read MoreWhat are the Minimum Trading Days in FPFX Challenges?
52 Out of 58 Found HelpfulAt FPFX, the minimum criterion necessitates a minimum of 3 active trading days. You are required to execute at least one trade on 3 distinct days within the specified period. Each trading day concludes at 23:59:59 GMT +2/+3. If you achieve your target in more than three days, you will be automatically advanced to the subsequent phase.It is ...
Read MoreAge Requirement to Open an Account at FPFX
55 Out of 58 Found HelpfulAt FPFX, you must be at least 18 years old to open a trading account.This ensures that you can sign legally binding agreements, guaranteeing the validity and security of all your transactions.
Can I Trade From Multiple IP Addresses?
94 Out of 100 Found HelpfulWe recommend that traders use a single device and IP address for their activities on our platform.We understand that in exceptional situations, it may be necessary to use multiple devices or IPs.Here’s what could happen if you violate this rule:Warnings: If we detect the use of multiple IPs, you will receive a warning.Profit adjustment: FPFX ...
Read MoreCan I change or share my Trading Platform Password?
81 Out of 87 Found HelpfulIt is strictly prohibited to share or change your password, as each account is personal and non-transferable.The platform is designed to assess your individual trading skills, so you alone are responsible for managing your account.Allowing a third party to access your account by sharing the password is a direct violation of this policy. If t...
Read MoreIs it mandatory to use Stop-Loss (SL) for all trades?
50 Out of 56 Found HelpfulThe stop-loss is an optional tool that each trader can use at their discretion.It is not mandatory at FPFX, but its use allows you to set a predetermined price to sell an asset, limiting the risk of losses.Using the stop-loss strategically helps avoid emotional decisions and promotes a more analytical approach.At FPFX, we recommend its use as ...
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