Terms and Conditions
Last Updated:
Version 1.0 — Effective July 10, 2026
1. Introduction & Acceptance
These Terms and Conditions ("Terms") govern the use of the services provided by ALPHAEDGE PRO – FZCO, DSO, IFZA Properties, Dubai Silicon Oasis, Dubai, UAE ("FXP", "we", "us") through the website thefxp.com. By purchasing an account or using the website, you accept these Terms in full. If you do not agree, do not use our services.
2. Definitions
"Account" — a simulated trading account provided by FXP (Instant Funding, 1-Step, 2-Step or 3-Step).
"Initial Balance" — the account size purchased (e.g. $100,000). Unless stated otherwise, all percentages in these Terms are calculated on the Initial Balance.
"Equity" — account balance including unrealized (floating) profit and loss of open positions.
"Trading Day" — the period between two daily rollovers at 5:00 PM EST.
"Valid Trading Day" — a Trading Day on which the net realized profit of the day is equal to or greater than 0.5% of the Initial Balance. Valid Trading Days do not need to be consecutive.
"Funded Account" — an Instant Funding account, or an evaluation account that has completed all of its phases.
3. Services — Simulated Environment
All Accounts are demo accounts operating in a fully simulated trading environment. No real funds are traded and no client money is deposited or invested. Fees paid to FXP are service fees granting access to simulated trading programs; they are not deposits and do not generate returns. Rewards are performance-based service payments as described in these Terms. FXP is not a financial institution, does not provide investment advice, and does not offer regulated financial services.
4. Registration & Eligibility
4.1 One registered profile per individual. You must provide accurate information. Creating or using multiple identities to circumvent these Terms results in permanent suspension of all related accounts and forfeiture of associated rewards.
4.2 You must be at least 18 years old. Identity verification (KYC) is required before the first payout: government-issued ID and recent proof of address. Accounts with incomplete KYC cannot receive payouts.
4.3 Our services are not available to residents of: North Korea, Cuba, Syria, Yemen and Iran.
4.4 You may hold up to 20 Accounts simultaneously. Funded Accounts may be merged upon request.
5. Trading Rules
5.1 Account parameters. The parameters of each model form part of these Terms:
Model | Profit Target | Daily Drawdown | Max Total Drawdown |
|---|---|---|---|
Instant Funding | None | 2% (trailing) | 6% (trailing) |
1-Step | 10% | 3% | 6% (static) |
2-Step | 8% (Phase 1) / 5% (Phase 2) | 5% | 10% (static) |
3-Step | 6% per phase | 5% | 8% (static) |
There are no time limits and no inactivity requirements on any model.
5.2 Static drawdown (1-Step, 2-Step, 3-Step). The maximum-loss floor is fixed at the Initial Balance minus the model's Max Total Drawdown percentage. It never moves. The daily floor is set at each 5:00 PM EST rollover at the higher of account balance or Equity, minus the model's daily percentage of the Initial Balance.
5.3 Instant Funding trailing drawdown. The maximum-loss floor trails the highest balance reached by the Account: floor = peak balance minus 6% of the Initial Balance. The floor only moves up, never down. The daily floor is set at each rollover at the end-of-day balance minus 2% of the Initial Balance.
5.4 Breach. Breach monitoring runs in real time on Equity. If Equity touches or falls below an applicable floor at any moment, the Account is breached and permanently closed, even if Equity later recovers. Fees are not refundable on breached Accounts.
5.5 Risk Cap. No individual trade may expose more than 2% of the account balance to risk. Positions opened on the same instrument in the same direction are assessed together for this purpose.
5.6 Equity Shield. If the combined floating loss of all open positions reaches 2% during a trading session, all open positions are automatically closed. The Account remains active and trading may resume.
5.7 Minimum trade duration. Trades must remain open for at least 2 minutes. Profits from trades closed in under 2 minutes are not counted toward payouts (this is not a breach); losses are counted in full.
5.8 Minimum Trading Days. A payout may only be requested after completing 5 Valid Trading Days on the Funded Account.
6. Permitted & Prohibited Practices
6.1 Permitted: news trading (no window, no cap) · weekend and overnight holding · custom Expert Advisors built or configured by the trader · trade copiers between accounts legally owned by the trader, including between FXP evaluation and funded accounts · manual scalping (subject to 5.7) · Martingale strategies · trading without stop loss. There are no lot size limits.
6.2 Directional Trading Policy. Opening opposite positions (buy and sell) on the same instrument is prohibited — whether on the same account, across accounts, or across accounts held by different persons acting together.
6.3 Prohibited — resulting in Account termination and forfeiture of profits:
(a) latency arbitrage, reverse arbitrage, exploitation of platform errors, server delays or data-feed issues, and trading on delayed data;
(b) off-the-shelf Expert Advisors marketed as "challenge passers" or "guaranteed pass" tools — FXP may request proof of authorship of any EA, including its source code;
(c) copy trading from third parties: signal services, account management services, or any account not legally owned by the trader;
(d) high-frequency and tick-scalping systems;
(e) coordinated activity between accounts designed to circumvent these Terms, including structuring positions to circumvent the Risk Cap (5.5);
(f) gambling-style "all-or-nothing" trading, defined as margin usage exceeding 80% of available margin on open positions;
(g) front-running, use of insider information, or any practice creating regulatory exposure for FXP or its partners.
7. Consistency
There is no consistency rule on FXP accounts. Your best trading day is never used to block or reduce a payout.
8. Payouts & Reward Guarantee
8.1 Eligibility. Funded Accounts are eligible for a payout every 5 days, starting from the first trade on the Funded Account, provided that: the account balance is above the Initial Balance; the Minimum Trading Days requirement (5.8) is met; no violations are recorded; and all positions are flat (no open trades or pending orders).
8.2 Profit split. The standard profit split is 90% to the trader. A 100% split is available as a paid add-on at checkout.
8.3 Processing. Minimum withdrawal: $100. Payouts are processed within 1–2 business days via bank transfer; crypto payouts are available on request.
8.4 Reward Guarantee. If a payout is not processed within 48 business hours (business hours: 9:00 AM Monday to 5:00 PM Friday, Dubai time; the timer pauses outside business hours), the profit split for that payout is increased to 100%. Processing times on the receiving side (banks, wallets, networks) are outside FXP's control.
8.5 Review. Each payout request is subject to a compliance review by the FXP risk team. If a suspected violation is identified, FXP will notify the trader, identify the rule concerned and the supporting evidence, and give the trader an opportunity to respond before a final decision is made. Profits derived from prohibited practices (6.2, 6.3) may be removed; profits from compliant trading are honoured.
9. Fee Refund
The evaluation fee is refunded at 200% together with the first payout, using the same payout method, provided no violations are recorded on the Account.
10. Scaling
Traders achieving 12% profit within a 3-month window receive an account size increase of 25% of the Initial Balance. Scaling is available up to $4,000,000, which is also the maximum total simulated capital per trader across all Accounts.
11. Account Integrity & Security
11.1 Accounts are personal. Allowing a third party to trade your Account, or trading an Account that is not yours, is prohibited and results in termination.
11.2 Accounts must be accessed by the account holder personally. Access patterns suggesting identity concealment, account sharing, or circumvention of these Terms (including through anonymization services) may trigger a security review, during which payouts may be paused. FXP will communicate the outcome of any such review.
11.3 Trading must take place from the trader's declared country of residence, except for occasional travel.
12. Versioning & Changes
These Terms and the Trading Rules are versioned. The version in force at the time of an Account's purchase applies to that Account for its lifetime. Changes apply to new purchases only, are announced with a version number and effective date, and are never applied retroactively to existing Accounts.
13. Risk Disclosure
Speculative trading, including in a simulated environment, involves a high level of risk. Leverage can work against you as well as for you. The content of this website is provided for educational purposes only and must not be construed as financial, investment, tax or legal advice, nor as a solicitation or offer to buy or sell any financial instrument. Past performance, real or simulated, is not indicative of future results. Any income claims reflect top performers and individual results vary. You should not participate with money you cannot afford to lose, and you should seek advice from an independent financial advisor if you have any doubts.
14. Limitation of Liability
To the maximum extent permitted by law, FXP's total liability arising from or related to these Terms is limited to the amount of fees paid by the trader in the twelve (12) months preceding the claim. FXP is not liable for indirect or consequential damages, or for outages, data-feed errors or third-party service failures beyond its reasonable control.
15. Governing Law & Disputes
These Terms are governed by the laws of the United Arab Emirates as applicable in the Emirate of Dubai. Any dispute arising from these Terms shall be subject to the exclusive jurisdiction of the competent courts of Dubai, UAE. Before initiating proceedings, the parties agree to attempt in good faith to resolve any dispute through FXP support.
16. Contact
ALPHAEDGE PRO – FZCO — DSO, IFZA Properties, Dubai Silicon Oasis, Dubai, UAE
Support: support@thefxp.com