Home General FAQ

Can I use a VPN or VPS?

62 Out of 67 Found Helpful
Posted on 2024-09-06

Utilizing VPN and VPS services at FPFX requires adherence to specific guidelines to maintain security and achieve optimal performance: VPN Recommendations: Select Paid services: It is advisable to choose paid VPNs over free alternatives, as free services often distribute IP addresses among numerous users, which can pose security threats. Ma...

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Posted on 2024-09-05

High-frequency trading (HFT) is not allowed at FPFX due to the negative effects it has on the market and the experience of our traders.Below are the reasons for this policy:Market distortion: HFT executes large volumes of trades within fractions of a second, which can artificially manipulate prices and generate misleading signals for traders w...

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Posted on 2024-09-02

At FPFX, we permit the consolidation of trading accounts with a cumulative limit of $300,000, subject to certain conditions: Conditions for Account Consolidation: Same Challenge Type: Only accounts engaged in the same category of FXRK challenge are eligible for merging.Operational Status: There should be no open trades or ongoing transaction...

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How can I calculate the Maximum Daily Loss?

86 Out of 92 Found Helpful
Posted on 2024-08-17

At FPFX, the daily loss limit is determined based on the specific challenge type: For the Two Steps Challenge, the maximum allowable loss for the day is capped at 5% of the initial balance. For the One Step Challenge, the daily loss limit is restricted to 3% of the initial balance. This limit is reset at midnight according to server time, w...

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Posted on 2024-08-15

At FPFX, you are afforded the utmost flexibility in selecting your trading approach, provided that your transactions are genuine and accurately represent actual market conditions. Although we impose no restrictions on the strategies you may employ, there are specific activities deemed abusive that are strictly prohibited on our platform. For...

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Copytrading Policy at FPFX

51 Out of 55 Found Helpful
Posted on 2024-08-08

At FPFX, you are allowed to copy trades from your own account, acting as the master account.However, it is not permitted to copy trades from other traders' accounts into your FPFX account.This policy ensures that all trading activities are conducted in a controlled manner and in compliance with our regulations.If you have any questions about t...

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Is News Trading allowed at FPFX?

94 Out of 104 Found Helpful
Posted on 2024-08-06

Yes, at FPFX, it is allowed to trade during news events and to keep positions open over the weekend. However, it is essential to remember that this flexibility carries the potential for both gains and losses, which requires proper risk management. This approach allows for a wide variety of trading strategies, but careful planning is importan...

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Which Platforms can I use for trading?

52 Out of 61 Found Helpful
Posted on 2024-07-25

At FPFX, you can currently trade using MetaTrader 4 (MT4) or MetaTrader 5 (MT5).This gives you the flexibility to choose the platform that best suits your trading style and preferences, ensuring a personalized and efficient experience.

Posted on 2024-07-22

During this process, trading activities are temporarily halted to enable the risk team to perform their evaluations and assess trading performance accurately. Trading will resume only after the request has been approved. Once approval is granted, the trader will receive a confirmation email, and their account balance will be reset. Subsequentl...

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