Home General FAQ

What is the Leverage of the trading account?

100 Out of 103 Found Helpful
Posted on 2024-11-26

At FPFX, we provide a standard leverage of 1:100. Nonetheless, the leverage may differ based on the broker's policies or the specific asset involved:Broker: In cases where the broker does not provide 1:100 leverage, your account will be configured with the maximum leverage that is available.Assets: Certain assets may be subject to lower lever...

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Challenge Rules Overview

115 Out of 131 Found Helpful
Posted on 2024-11-26

Two Steps Challenge RulesThe Two Steps Challenge at FPFX is designed to evaluate your trading skills under real market conditions. Below are the specific rules you need to follow:​Phase 1 Target:To progress to Phase 2, you need to achieve an 10% profit target. This target must be reached while adhering to all other trading rules.​Phase 2 Targe...

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What is the Server time?

61 Out of 65 Found Helpful
Posted on 2024-11-25

Summer Time: GMT +3 ​Winter Time: GMT +2 ​ Make sure to adjust your trades according to these times for proper synchronization with the server.

Which Broker does FPFX associate with?

90 Out of 96 Found Helpful
Posted on 2024-11-25

FPFX is not a broker and does not offer brokerage services.We provide access to the MT4 and MT5 platforms through the regulated broker IC Markets.We also work with top-tier liquidity providers to offer a trading environment that faithfully simulates real market conditions.

What is the Maximum Daily Drawdown Limit?

81 Out of 88 Found Helpful
Posted on 2024-11-23

One Step Challenge: -4% of the Initial Balance ​Two Steps Challenge: -5% of the Initial BalanceThree Step Challenge: -5% of Initial BalanceFPFX Pro Challenge: -6% of Initial BalanceThe maximum allowable daily loss limit at FPFX is established each day at 00:00 (server time: GMT+3 during summer and GMT+2 during winter), and it is determined by...

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Does FPFX have any Country Restrictions?

89 Out of 97 Found Helpful
Posted on 2024-11-16

Yes, FPFX imposes geographic restrictions due to legal and regulatory considerations.​While we value our global trading community, we do not offer services or solicit individuals from certain regions.Excluded Regions:North KoreaIndividuals and entities listed under ISIL (Da'esh), Al-Qaida, the Taliban (1988), and others mentioned in the Terror...

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Does FPFX offer a Scale-Up plan?

68 Out of 69 Found Helpful
Posted on 2024-11-11

The FPFX Scale Program aims to incentivize traders who exhibit consistent performance, enabling them to gradually expand their account size. Overview: Consistent growth: Traders are required to achieve a 10% increase over four consecutive months, averaging 2.5% per month. Mandatory withdrawals: A minimum of two withdrawals must be executed ...

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Identity Verification (KYC) at FPFX

90 Out of 94 Found Helpful
Posted on 2024-11-09

To safeguard your operations and secure your account, FPFX mandates the completion of the KYC (Know Your Customer) process following your successful challenge completion.           The KYC process will be conducted after you have passed the challenge.           What is required to finalize the KYC?         1. Accepted Documents A. Identity V...

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Prohibited Activities for Fair Trading

101 Out of 105 Found Helpful
Posted on 2024-11-09

At FPFX, we are committed to providing a fair and transparent trading environment for all our clients.To ensure the integrity of the platform, we have implemented strict policies that prohibit any activities that may compromise it.​Prohibited Activities:Use of emulators. Reverse arbitrage trading. Hedging and hedge trading. Tick scalping. ...

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Who will pay Tax on my profit?

55 Out of 61 Found Helpful
Posted on 2024-11-03

By entering into the agreement with FPFX, you will receive the majority of the profits generated on the platform, which amounts to either 80% or 90%. It is important to note that you are accountable for fulfilling your tax obligations as per the regulations of your home country. FPFX does not offer financial, legal, or similar advisory servi...

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