Home General FAQ Trading Conditions and Policies
Can I hold my positions Overnight/Weekend?
103 Out of 111 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 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 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 ...
Read MoreDoes FPFX have any Country Restrictions?
89 Out of 97 Found HelpfulYes, 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...
Read MoreProhibited Activities for Fair Trading
101 Out of 105 Found HelpfulAt 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. ...
Read MoreWho will pay Tax on my profit?
55 Out of 61 Found HelpfulBy 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...
Read MoreAre there any Hidden Fees or Recurring Fees?
73 Out of 84 Found HelpfulAt FPFX, we guarantee a transparent and hassle-free pricing policy. Here’s how it works:No hidden fees: You won’t have to worry about additional charges or unexpected commissions.No recurring fees: You will only make a one-time payment when signing up for the FPFX Challenge. There are no additional or ongoing costs.Challenge refund: Upon makin...
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