Profit & Loss Targets

75 Out of 80 Found Helpful
Posted on 2024-12-30

FPFX offers a Three-Phase Program designed to evaluate traders' skills in patience, discipline, and consistency. Below is a detailed overview of the program's structure and rules:Phase 1: Initial Assessment Profit Target: Achieve a 5% profit on the initial account balance to advance to the next phase. Daily Loss Limit: Do not exceed a 5% loss ...

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Prohibited Trading Strategies at FPFX

90 Out of 97 Found Helpful
Posted on 2024-11-07

Prohibited Trading Strategies at FPFXHigh-Frequency Trading (HFT)Reverse Hedging  Group Hedging  Account Management  Latency Arbitrage  Order Book Spamming  Herd Trading  Collusion Between Users  Poor Money Management  Improper Risk Management  Exploiting Bugs and Glitches  High Leverage News Trading (HLNT)  Statistical Arbitrage  Violations m...

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Three Step Rules

63 Out of 71 Found Helpful
Posted on 2024-08-14

FPFX has established specific trading rules to promote disciplined and consistent trading practices. Below is an overview of these rules:      Minimum Holding Period: Each trade must be held for a minimum duration of 3 minutes. Closing a trade before this period may result in the associated profit being forfeited. Consistency Rule      FPFX do...

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