Frequently asked questions :
General
To become funded by FXP, you need to successfully complete our evaluation process. This involves demonstrating your trading skills and adhering to our risk management rules. Once you pass the evaluation, you will receive funding to trade with our capital.
You can trade up to 20 accounts with FXP. You can also merge all accounts when funded if you want.
Zero Range (1 Step and 2 Step): up to 3 accounts at the same time. Instant Zero: up to 20.
After being funded, you automatically receive a free reset after your first payout. While we do not offer a free retry before that, we provide a 30% discount on the evaluation fee upon request. This gives you another chance to demonstrate your trading skills at a reduced cost.
You can also purchase the Free Reset add-on at checkout, which gives you the right to one free reset during your evaluation phase.
Yes, we have a scaling plan. With our scaling plan, you can grow your account to a maximum of $4,000,000. In order to scale your capital and grow, you must achieve a 12% profit within a 3-month period. If you accomplish this, we will increase your account size by 25% of your initial balance. This plan is designed to reward consistent performance and help you manage larger accounts over time.
No, there is no breach for inactivity. You can take breaks as needed without worrying about your account being flagged for inactivity.
Yes, due to international sanctions and compliance requirements: North Korea, Cuba, Syria, Yemen and Iran. We are available across 105 countries.
Nationals of restricted countries residing in another country are accepted with a valid proof of residence.
The Evaluation starts as soon as you complete your registration and payment process. You will receive your account details and can begin trading immediately to start your evaluation period.
No, you do not have to pay for your losses. FXP absorbs the losses incurred in your funded account.
Yes, you can leave profits in your account. Leaving profits can help you grow your account balance and demonstrate consistent performance, which may qualify you for our scaling plan and increased capital allocations.
Yes, the Evaluation Fee is refundable at 200% after your first payout. This is our way of acknowledging your successful trading and commitment.
Promotional Challenge Rules
At FXP, we believe exceptional promotions should create exceptional opportunities.
Throughout the year, we launch exclusive campaigns that give traders access to discounted challenges, bonus accounts, and limited-time offers designed to deliver even greater value. Our goal is simple: reward our community with promotions that genuinely make a difference.
To keep these offers sustainable and fair for every trader, promotional challenge accounts include a small number of additional trading conditions. These rules are designed to encourage consistency and responsible risk management while allowing us to continue offering some of the most competitive promotions in the industry.
Promotion Rules
Unless stated otherwise, the following rules apply only to promotional challenge accounts.
– Standard FXP Rules apply.
– Trailing Drawdown.
– 10% Consistency Rule.
– 5 Consecutive Qualifying Trading Days
The Zero Range is excluded from promotional multi-account offers.
Example
You purchase a $100K 2-Step Challenge during a promotional campaign.
Regular Challenge: Standard FXP Rules apply.
Promotional Challenge: Standard FXP Rules + Trailing Drawdown, 10% Consistency Rule, and 5 Consecutive Qualifying Trading Days.
Why do promotional accounts have additional rules?
Promotions are our way of giving traders more opportunities without compromising the quality and integrity of our evaluation process. The additional conditions are intentionally simple and encourage the same habits followed by consistently profitable traders: patience, discipline, and steady performance.
Our philosophy is straightforward: offer exceptional value, maintain a level playing field, and reward traders who demonstrate consistency over time.
The maximum capital you are allowed is $4,000,000.
Yes. Identity verification (KYC) is required before your first payout: a government-issued ID and a recent proof of address. Validation typically takes 24–48 hours. Accounts with incomplete KYC cannot receive payouts.
If you violate a rule or the trading parameters, it may result in a breach of your account terms. Depending on the severity of the breach, your account could be suspended or terminated. It is crucial to understand and adhere to our trading rules to maintain your funded status.
To become an Affiliate, you can sign up through our affiliate program page on the website. As an affiliate, you can earn commissions by referring new traders to FXP. We provide marketing materials and support to help you succeed in promoting our services.
You pay a small starter fee to begin your FXP challenge. Once you pass, you pay the remaining activation fee to unlock your account. Two payments, both shown up front before checkout.
What's the catch?
There isn't one. The trade-off is printed on the page. If you pass, your total is the starter fee plus the activation fee, both shown before you buy. If you don't pass, the activation fee never applies.
What if I don't pass?
Then the activation fee is never charged. The small starter fee is all you've spent. You can start a fresh attempt whenever you're ready.
When exactly is the activation fee charged?
Only after you pass the challenge, when you choose to activate your FXP account. Never before, and never automatically if you don't pass.
Is it the same as a standard FXP challenge?
You get the same platform, dashboard and trading freedom: unlimited trading days, weekend trading, news & EAs allowed. Pay Later has its own evaluation settings though — a 1-Step challenge with a 3% profit target, a 5% static daily drawdown and a 10% static maximum drawdown — and its own conditions after passing. And of course, you only pay the rest once you've passed.
What are the rules once I pass and activate?
After activation there is no profit target anymore. Your account runs with a 6% trailing drawdown, a 3% daily drawdown and a 15% consistency rule, and you need 5 qualifying trading days (at least 0.5% profit each) to become eligible for a reward — alongside the standard FXP rules.
Is any of my own money at risk?
No. You trade a demo account with simulated funds. The fees are the only thing you ever pay, and the second one only happens after you've passed.
Is there a time limit?
No. FXP challenges come with unlimited trading days. Take as long as you need, and trade weekends and news if that's your style.
Which platforms can I trade on?
MetaTrader 5, with EAs and HFT allowed and 0% commissions.
FXP - Zero
Trade your way. Most funded accounts ask you to spread your profits evenly. One strong day, and your withdrawal is held until the rest of your results catch up. Instant Zero removes that. No consistency rule, no minimum trading days. If your edge produces a few big days rather than a steady curve, this account was built for you. No profit target. No time limit. Funded from your first trade. Available sizes: $10,000 · $25,000 · $50,000 · $100,000 · $200,000
Yes, on every Zero product. No consistency rule, ever, on Instant Zero, 1 Step Zero and 2 Step Zero.
There is no cap on how much of your total profit can come from a single trading day. If your entire profit for the period comes from one session, your payout still goes through in full - in the evaluation and on the funded account.
This is the core of the Zero range, and very few firms offer it.
No - on every Zero product. No minimum trading days, no valid days, no qualifying days.
Instant Zero: payouts unlock the moment your equity reaches the buffer.
1 Step Zero / 2 Step Zero: no minimum in the evaluation, and no qualifying days to collect before a payout on the funded account.
How long you take is entirely up to you.
On every Zero product your daily limit is anchored to your equity, not your original balance — so the better you do, the more room you get.
At the daily rollover (00:00 UTC) we record your anchor. Your floor sits below it for the whole session:
| Product | Daily loss | Anchor |
|---|---|---|
| Instant Zero | 2.5% | Your equity, floating profit included |
| 1 Step Zero | 3% | The higher of your balance and your equity |
| 2 Step Zero | 5% | The higher of your balance and your equity |
Example — $100,000 Instant Zero: you start the day at $110,000 equity → allowance $2,750, floor $107,250.
Example — $100,000 1 Step Zero: balance $100,000, equity $101,500 at reset → anchor $101,500, floor $98,455.
Breach monitoring is continuous on live equity, floating positions included. Reaching the floor at any point during the day breaches the account, even if you recover afterwards.
| Instant Zero | 1 Step Zero | 2 Step Zero | |
|---|---|---|---|
| Evaluation | - | 6% | 10% |
| Funded | 5% | 5% | 6% |
| Type | Trailing on equity | Static end of day | Static end of day |
Instant Zero - 5% trailing. The floor sits 5% below your highest-ever equity and follows it upward. It never moves back down.
Example - $100,000: floor starts at $95,000 → equity hits $110,000 → floor rises to $104,500 and stays there.
1 Step / 2 Step Zero - static end of day. The floor is recalculated at the 00:00 UTC day change from your highest daily closing balance and follows it upward at each new high. It never moves back down, and it does not follow your intraday equity.
Example - $100,000 1 Step Zero (6%): floor starts at $94,000 → you close a day at $104,000 → floor rises to $97,760 and stays there.
In both cases your daily floor and your maximum loss floor are live at the same time - the higher of the two applies.
Payouts on demand, no fixed cycle, no cooldown. No consistency check and no qualifying days — ever.
| Instant Zero | 1 Step Zero | 2 Step Zero | |
|---|---|---|---|
| Buffer | 5% | 4% | 4% |
| Waiting period | None | 14 days from first funded trade | 14 days from first funded trade |
| First payout cap | 3% | 3% | 3% |
| From 2nd payout | Uncapped | Uncapped | Uncapped |
Everything above the buffer is yours. The buffer itself stays on the account while it is active.
| Account size | Instant Zero unlocks at | 1 & 2 Step Zero unlock at | First payout cap |
|---|---|---|---|
| $10,000 | $10,500 | $10,400 | $300 |
| $25,000 | $26,250 | $26,000 | $750 |
| $50,000 | $52,500 | $52,000 | $1,500 |
| $100,000 | $105,000 | $104,000 | $3,000 |
| $200,000 | $210,000 | $208,000 | $6,000 |
Anything above the first-payout cap stays in your account and remains fully withdrawable on your next request — nothing is ever removed or forfeited.
Example — $100,000: equity at $112,000 → $3,000 paid now, $9,000 carries forward and is fully withdrawable next time.
| Instant Zero | 1 Step Zero | 2 Step Zero | |
|---|---|---|---|
| Consistency rule | None | None | None |
| Minimum trading days | None | None | None |
| Profit target | None | 10% | 8% then 5% |
| Time limit | None | None | None |
| Daily loss | 2.5% | 3% | 5% |
| Max loss — evaluation | — | 6% | 10% |
| Max loss — funded | 5% trailing | 5% static EOD | 6% static EOD |
| Day change | 00:00 UTC | 00:00 UTC | 00:00 UTC |
| Risk per trade idea | 1.5% | 2% | 2% |
| Equity Shield | 1% | 1% | 1.5% |
| Best Trade Rule | — | 30% | 30% |
| Required winning trades | — | 5 (≥0.25%) | 5 (≥0.25%) |
| Withdrawal buffer | 5% | 4% | 4% |
| First payout cap | 3% | 3% | 3% |
| Profit split | 80% | 80% | 80% |
| Simultaneous accounts | 20 | 3 | 3 |
All Instant Funding accounts at FXP operate with a trailing drawdown structure.
A hard breach occurs when a trader exceeds either of the following limits:
The maximum daily loss, or
The total trailing drawdown limit.
If either is violated, the funded account is immediately closed.
The maximum total drawdown is 6% of your initial balance, trailing below the highest equity your account has reached. As your equity makes new highs, the limit moves up with it — but it never moves down.
📊 How is it calculated?
Your floor = the peak equity your account has reached, minus 6% of your initial balance. Monitoring runs in real time on equity, floating positions included.
📌 Example:
Starting account: $100,000
If your equity reaches $105,000, your new floor becomes $99,000
If your equity drops below $99,000 at any moment, that’s a hard breach
FXP– Instant Funding
What is it?
The Trailing Daily Drawdown limits your daily losses to 2% of your initial balance. This rule protects the account from excessive losses in a single trading day.
📊 How is it calculated?
At the 00.00 UTC rollover, the system records your end-of-day equity. Your floor for the next trading day is that equity minus 2% of your initial balance ($2,000 on a $100K account). Monitoring runs in real time on equity.
RULES
At FXP, our risk management framework is designed to protect your capital, encourage disciplined trading, and create a fair environment where consistent traders can succeed.
Profit Target is the trading objective. If profit target is reached after all positions are closed, you are offered a funded account.
1 STEP CHALLENGE
Reach 10% profit target without violating any rules and trading parameters.
2 STEP CHALLENGE
Phase 1: Reach 8% profit target without violating any rules and trading parameters.
Phase 2: Reach 5% profit target without violating any rules and trading parameters.
3 STEP CHALLENGE
Phase 1: Reach 6% profit target without violating any rules and trading parameters.
Phase 2: Reach 6% profit target without violating any rules and trading parameters.
Phase 3: Reach 6% profit target without violating any rules and trading parameters.
INSTANT FUNDING
No profit target - you trade a funded account from day one.
ZERO RANGE - 1 STEP & 2 STEP
The max daily loss depends on your account model:
| Model | Max Daily Loss |
|---|---|
| Instant Funding | 2% (trailing) |
| 1-Step Challenge | 3% |
| 2-Step Challenge | 5% |
| 3-Step Challenge | 5% |
For Step challenges, we calculate the daily drawdown as follows: At the 8 pm EST day change, we take the higher value of either the account balance or account equity and subtract the model’s daily percentage of the initial balance from this higher value to determine the daily loss limit for the new day.
Example 1: On a 100K 2-Step account, if at 5 pm EST you have an open trade with a floating profit of $2,000, your account equity will be $102,000. With a 5% daily drawdown, the equity cannot drop below $97,000 ($102,000 – $5,000 = $97,000) on the next trading day.
Example 2: If on a 100K 2-Step account at 5 pm EST you have an open trade with a floating loss of -$2,000, your account equity will be $98,000. Because your $100K balance is higher than your $98,000 equity, your daily drawdown limit of $5,000 will be calculated based on the $100K balance. This means for the next trading day, the equity cannot drop below $95,000 ($100,000 – $5,000 = $95,000).
Example 3: If there are no open trades at 5 pm EST, the daily drawdown will be calculated on whatever the closed balance is.
The Maximum Total Loss is the overall amount a trader can lose on their account. It depends on your account model:
| Model | Max Total Loss | Type |
|---|---|---|
| Instant Funding | 6% | Trailing |
| 1-Step Challenge | 6% | Static |
| 2-Step Challenge | 12% | Static |
| 3-Step Challenge | 8% | Static |
| Zero Range – 1 Step | 6% evaluation / 5% funded | Static (end of day) |
| Zero Range – 2 Step | 10% evaluation / 6% funded | Static (end of day) |
Example using a $100,000 2-Step account: The max total loss is 12% of your initial balance = $12,000. Your account equity, including unrealized/floating positions, must not drop below $88,000.
Leverage is calibrated per instrument class and differs slightly between evaluation and funded accounts. Reduced leverage on funded accounts is an industry-standard practice designed to protect both traders and the firm's capital.
| Instrument Class | Evaluation | Funded |
|---|---|---|
| Forex (majors + minors) | 1:100 | 1:50 |
| Metals (Gold / Silver) | 1:30 | 1:20 |
| Indices | 1:20 | 1:10 |
| Commodities (Oil / Gas) | 1:20 | 1:10 |
| Cryptocurrencies | 1:2 | 1:2 |
Cryptocurrency markets remain open 24/7, including weekends, while traditional markets follow standard market session hours.
Leverage limits must be respected at all times. Trading beyond the leverage allowed for your account type — regardless of the method used to exceed it — constitutes an account breach.
This is not a warning and is not limited to the positions concerned: the entire account will be breached and closed.
Example — $100K account, Forex trade
With 1:100 leverage during the evaluation, $1,000 of margin gives you $100,000 of position size — equivalent to 1 standard lot on EUR/USD.
Once funded, the same $1,000 of margin gives you $50,000 of position size at 1:50 leverage.
We have no restrictions on holding trades over night or the weekend.
To keep risk under control, no single trade idea may put more than 2% of your account balance at risk (1.5% on Zero accounts). Positions taken on the same instrument in the same direction count as one, and so does a position reopened on that same instrument and direction within 10 minutes of closing the previous one. Both realised and floating losses count toward the limit. Going beyond the Risk Cap is a breach of the trading rules.
ZERO RANGE - TRADE IDEA
On Zero Range accounts the 2% cap applies to a trade idea, not just a single position. A trade idea is: a single position, or several positions on the same instrument in the same direction, or a position reopened on the same instrument in the same direction within 10 minutes of closing a previous one. Realised and floating losses are summed across the trade idea. Exceeding the limit breaches the account immediately.
Example - $100,000: you close a long EUR/USD at −$1,400, reopen long EUR/USD 5 minutes later and lose $800. Combined loss on that trade idea is $2,200 - above the $2,000 limit, the account is breached, even though neither trade alone exceeded it.
Waiting more than 10 minutes, or trading a different instrument or direction, starts a new trade idea. On Instant Zero the trade-idea limit is 1.5%.
Our Equity Shield automatically closes all open positions if your floating drawdown reaches 2% (1% for Instant Zero and Zero Range 1 Step, 1.5% for Zero Range 2 Step) during a trading session. This protection helps safeguard your account against sudden market volatility.
The first Equity Shield event closes your positions — your account stays active. A second Equity Shield event results in a hard breach and the account is closed.
Smaller winning trades still count toward your profit — they simply do not count toward the 5.
| Account size | Minimum per qualifying trade |
|---|---|
| $10,000 | $25 |
| $25,000 | $62.50 |
| $50,000 | $125 |
| $100,000 | $250 |
| $200,000 | $500 |
This is a validation condition, not a breach. If you reach your profit target with fewer than 5 qualifying trades, the account stays active and you keep trading until you have them.
It applies to each evaluation phase independently. The rule is not applied on Instant Zero.
EAs are allowed. You may use EAs (Expert Advisors) that you setup to suit your own strategy or trading style. Trade Copiers are allowed.
No, we do not monitor the amount of lots you place.
– Hedging is not permitted — see Directional Trading Policy
– Martingale is allowed
– Stop Loss is not required
To ensure genuine market exposure, opening opposite positions (buy and sell) on the same instrument—whether on the same account or across multiple accounts—is not permitted.
Failure to comply with these rules may result in a breach of your trading conditions.
Yes we allow news trading.
Depending on the challenge type, your account will operate under either a trailing or static drawdown model. Instant Funding accounts operate with a trailing drawdown, while 1-Step, 2-Step and 3-Step challenges use a static drawdown. Accounts obtained through promotional offers use a trailing drawdown (see Offer conditions).
This rule ensures sustainable account growth and proper risk control.
Zero Range (1 Step and 2 Step) accounts use a static end-of-day drawdown: the floor is recalculated at the 00:00 UTC day change from your highest daily closing balance and follows it upward at each new high - it never moves back down, and it does not follow your intraday equity. Monitoring remains continuous on live equity, floating positions included.
We give traders the opportunity to manage multiple accounts. Copy trading is allowed at our client’s disposal and only from personal accounts that are legally bound to the account holder.
What we allow:
– Copy trading between FXP accounts;
– Copy trading from Funded, to Evaluation accounts and vice versa
Yes, and we keep the requirement low on purpose.
During the evaluation (1-Step, 2-Step and 3-Step): you need 3 trading days per phase. Any day on which you close a trade counts, whether it's a win or a loss. There's no time limit, so you can spread those days out however you like.
On a funded account (after an evaluation): you need 5 qualifying trading days before each payout. A day qualifies when it closes with at least 0.5% profit.
On Instant Funding: you need 5 qualifying trading days before each payout, and each of those days must close with at least 1% profit.
Funded and Instant Funding accounts: the qualifying days don't have to be consecutive, and a very strong day still counts as just one qualifying day.(On promotional accounts, the 5 days must be consecutive — see Offer conditions.)
None of this can breach your account. A day that doesn't qualify simply isn't counted. You keep trading as normal, and your next qualifying day picks up the count.
All trades must remain open for at least 2 minutes before they can be closed. This rule promotes genuine trading activity and discourages ultra-short-term execution strategies.
There is No Time Limit.
The Trading Period is Unlimited.
You have the flexibility to conduct trading activities without any time constraints, allowing for unlimited duration.
No hidden rules. There is no consistency rule during evaluation phases — trade your evaluation freely.
On funded accounts, a 15% consistency rule applies (10% on promotional accounts — see Offer conditions). See “Is there a Consistency Rule?” below for full details.
Yes — on funded accounts only (all models, including Instant Funding). Evaluation phases have no consistency rule.
THE 15% RULE
No single trading day may represent 15% or more of your total profit in the current payout period. This encourages steady, repeatable performance rather than one lucky day.
On accounts obtained through promotional offers, the threshold is 10% (see Offer conditions).
WHAT IF I EXCEED IT?
Your account stays active and safe — this is never a breach. You simply cannot request a payout until your most profitable day represents less than the threshold. Keep trading and growing your total, and the payout unlocks automatically.
📌 Example:
Your best trading day is $1,500. To request a payout, your total profit for the period must exceed $10,000 ($1,500 ÷ 15%). If your total is currently $6,000, keep trading until it passes $10,000 — then you can withdraw.
Yes — your used margin needs to stay under 80% of your account equity at any given moment.
The point of that ceiling is to keep a cushion under your open positions, so an ordinary pullback never turns into a margin call. Realistically you won't come close: staying inside your account's position limits leaves plenty of headroom.
What happens if you go over?
First time — the account keeps running, but your profit split drops to 40%.
Second time — the account is closed.
REWARDS
Your first payout is unlocked after completing the Minimum Trading Days requirement (5 valid trading days). After your first payout, rewards are on demand: you can request your next payout as soon as 24 hours after the previous one.
To be eligible for a payout on funded accounts, your account balance must be above the initial account balance with no violations recorded, and the consistency requirement must be met. All of the trader’s positions must be flat (no open trades and no open orders) to receive a payout.
Payouts are processed within 1-2 business days. All Funded Traders can request payouts through their dashboard. Withdrawals are made by bank transfer (crypto can be arranged if requested). FXP charges zero payout fees — only network or banking fees may apply.
The minimum funded account withdrawal is $100. The minimum affiliate withdrawal is $100.
Applicable to Instant Zero accounts only.
Your first two withdrawals are capped: 2% of your account balance on the first, 4% on the second. From your third withdrawal onwards, there is no cap — ever.
| Withdrawal | Cap | On a $100,000 account |
|---|---|---|
| 1st | 2% of balance | $2,000 |
| 2nd | 4% of balance | $4,000 |
| 3rd and beyond | No cap | No limit |
1 STEP ZERO & 2 STEP ZERO
Three conditions for your first payout: 4% buffer, 14 days since your first funded trade, and a first payout capped at 3% of balance. Anything above the cap stays in your account and is fully withdrawable on your next request. From your second payout onwards, no cap.
No consistency check and no qualifying trading days at any point.
The standard profit split our traders receive is 90%.
Zero range: 80% (100% available with the ProfitSplit add-on). Reduced to 40% if the Equity Shield triggers.
A 100% profit split is available with the 100% ProfitSplit add-on at checkout.
Example:
If a trader has a profit of $10,000 and requests a payout, the trader will receive a total payout of $9,000 on the standard split — or $10,000 with the 100% ProfitSplit add-on.
Yes — with our 20% Challenge Rewards: you keep 20% of the cumulative profit generated during your evaluation phases (1-Step, 2-Step and 3-Step challenges).
It is paid together with your third funded payout. If your funded account is breached before your first payout, the Challenge Reward is forfeited. Instant Funding has no evaluation phase and is therefore not eligible.
Yes! We have a reward Guarantee.
Get Paid in 48 Hours or We Pay 100% Profit Split.
Our business hours begin at 9am Monday, and close at 5pm Friday. Rewards are processed on business days.
Rewards are only processed on business days, and so the 48 Hour Reward Guarantee timer is paused on weekends. Our office opens at 9am Monday, & closes at 5pm Friday (Dubai time).
However, please keep in mind that the actual arrival of the profit share at the trader’s end will depend on the processing times of your bank or payment provider.
Applicable to Instant Zero accounts only.
Your first two withdrawals are capped: 2% of your account balance on the first, 4% on the second. From your third withdrawal onwards, there is no cap — ever.
| Withdrawal | Cap | On a $100,000 account |
|---|---|---|
| 1st | 2% of balance | $2,000 |
| 2nd | 4% of balance | $4,000 |
| 3rd and beyond | No cap | No limit |