Frequently asked questions

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.

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 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.

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

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 5:00 PM EST 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.

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.

The max daily loss depends on your account model:

For Step challenges, we calculate the daily drawdown as follows: At the 5 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:

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.

The same leverage applies to evaluation and funded accounts.

We have no restrictions on holding trades over night or the weekend.

To maintain responsible risk management, no individual trade may expose more than 2% of your account balance to risk. Positions opened on the same instrument in the same direction are counted together toward this limit. Exceeding the Risk Cap is a violation of the trading rules.

Our Equity Shield automatically closes all open positions if your floating drawdown reaches 2% 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.

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.

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

To qualify for your first payout, you must complete 5 trading days, with each day generating at least 0.5% profit. The 5 trading days do not need to be consecutive. (On promotional accounts, the 5 days must be consecutive — see Offer conditions.) There is no minimum trading days requirement during evaluation phases.

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.

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.

The standard profit split our traders receive is 90%. 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 first 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.