Trading Competition - Forex Prop Firm (2024)

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FPF Trading Competiton

Who Will Be The Next Trading Wizard?

The completely free FPF Trading Competition begins NOW and every trader in the top 50 will receive a free challenge account + bonuses.

Previous Standings

Next Competition Starts In:

🏆 PRIZE LIST 🏆

$1,0001st Prize

  • 2nd Prize - $200K 2-Step Challenge

  • 3rd Prize - $100K 1-Step Challenge

  • 4th Prize - $100K 2-Step Challenge

  • 5th Prize - $50K 1-Step Challenge

  • 6th Prize - $50K 2-Step Challenge

  • 7th-10th Prize - $25K 2-Step ( No Time Limit)

  • 11th-30th Prize - $25K 1-Step Challenge

  • 31st-50th Prize - $25K 2-Step (Regular)

Essentials for FPF Trading Competition?

Trading Competition - Forex Prop Firm (3)

REGISTRATION INFO

In order to register and participate in the trading contest, you will need to create a demo account. Registration takes just a few minutes

Trading Competition - Forex Prop Firm (4)

DISQUALIFICATION

Please note that any participant who creates more than one (1) account should be considered in breach of Trading Contest Rules and will be disqualified from the contest.

Trading Competition - Forex Prop Firm (5)

REGISTRATION

Registration period for August Trading Competition will end at 31/07/2023 21:00 UTC. Click on the following button to register yourself and become the next trading wizard!

What Traders say about ForexPropFirm.com ?

FAQ's

Currently, we don’t have any restrictions to the region or country that you are from. However, as our competition is hosted through Eightcap, you may not be able to sign up if you are from region where Eightcap doesn’t provide service to.

There are no restrictions on the type of strategies that you use on the competition accounts

The platform will either be mt4 or mt5, it will be specified on your welcome email that you get after registration of the trading competition.

Maximum Drawdown >> 10%
Daily Drawdown >> 10%

All the competitors need to abide by this drawdown rule, failing to do so will get the account terminated and hence disqualifying you from the competition.

There is no lot size restriction on the competition

The leverage on the accounts will be 1:100

To check the top traders/competitors in the ongoing competition, you will need to check the Standings link which is included on the welcome email that you get on registration.

Save the email or link from the email to check it whenever you want. The standings page will only show up after the competition has started

When the Competition is over, you will get an email from Eightcap itself if you are one of the winners of the competition.

After that, there will be an official announcement inside our Discord and Telegram on the first week of each month (for the previous month’s competition). Then, you will get your prizes on your respective email in 24 hours

2024 © Copyright – forexpropfirm.com – All broker related services are provided by Eightcap, holds zero control over pricing, slippage, or any other buying/selling related occurrences.

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Disclaimer

The information on this website is for informational purposes only and should not be construed as financial advice. Forex Prop Firm does not provide financial advice or recommendations. The information on this website is not intended to be a solicitation, offer, or recommendation to buy or sell any securities or other financial instruments. Past performance is not necessarily indicative of future results. You are solely responsible for your investment decisions and the risks associated with trading. Forex Prop Firm assumes no liability for any losses or damages you may incur as a result of your investment decisions.

All information provided on this site is intended solely for the study purposes related to trading on financial markets and does not serve in any way as a specific investment recommendation, business recommendation, investment opportunity analysis or similar general recommendation regarding the trading of investment instruments. Trading in financial markets is a high-risk activity and it is advised not to risk more than one can afford to lose! FPF. does not provide any of the investment services listed in the Capital Market Undertakings Act No. 256/2004 Coll. The information on this site is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local laws or regulations. ForexPropFirm.Com is not a broker and do not accept deposits. The offered technical solution for the FPF platforms and data feed is powered by the institutional liquidity providers. The website FORXPROPFIRM.com is owned and operated by an CANADIAN company.

Refund Policy: You pay a one-time fee for an attempt of the 1-Step Evaluation or 2-Step Evaluation or Instant Funded Account. The provision of these Evaluations or Instant Funding is a service. Since services are being rendered instantaneously upon purchase, there are no refunds. All transactions made are final. If you are purchasing an evaluation through FOREXPROPFIRM.COM you are doing so in acknowledgement that you will not be refunded.

Important: FPF is not a financial institution. This website does not promote or sell any financial products or services. Clients are provided with demo accounts that contain simulated funds for trading activities. Please note that all client trading operations are conducted in a simulated environment.

Risk warning: We don’t believe in “get rich quick” systems. Speculative trading (in particular) has large potential rewards, but also large potential risks. Leverage is a double-edged sword, and high degree’s of leverage can work against you as well as for you. Before deciding to trade, you should carefully consider your objectives, financial situation, needs and level of experience. You should be aware of all the risks associated with trading on margin. Forex Prop Firm provides general advice that does not take into account your personal and individual objectives, financial situation or needs. The content of this website must not be construed as personal advice. The possibility exists that you could sustain a loss in excess of your initial investment, and therefore, you should not trade with capital that you cannot afford to lose. If you have any doubts or concerns, Forex Prop Firm recommends you seek advice from an independent financial advisor. Please do not trade with borrowed money or money you cannot afford to lose, and keep in mind that past performance is no indication of future results.

Disclaimer: Trading can contain substantial risk and is not suited for every investor. An investor could potentially lose all or more than its initial investment. The leveraged transactions are risky and are not suitable for everyone. You can lose money trading the financial markets. Profit is not guarantee. Before deciding to invest money, you should consider your investment objectives, level of experience, and risk appetite. Therefore, you should not be trading the financial markets unless you fully understand the nature of the transactions you are entering into and the extent of your exposure to loss, you should not invest money that you can’t afford to lose. You should be aware of the high level of risk associated with trading the financial markets.

Risk Disclosure: Decisions to buy, sell, hold or trade commodities and other investments involve a risk of substantial losses. The practice of ‘’trading’’ involves particularly high risks and can cause you to lose substantial sums of money. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks.

Past Performance: Past performances are not indicative of future results. Any income claims are typical of top performers and your results will vary. No representation is being made that you will or are likely to make profits or losses similar to those discussed on this website. All statements regarding income, whether expressed or implied, do not represent a guarantee.

The information on this website is provided solely for analysis purposes only and should not be construed as financial, investment, tax, or other advice. Nothing on this website or in our Services represents a solicitation, advice, endorsem*nt, or offer to purchase or sell stocks or other financial instruments by Forex Prop Firm, its agents, employees, contractors, or any connected entities. You are solely responsible for assessing the benefits and risks associated with the use of any information or other content on the website. All investments include substantial risk, and an individual’s investment decisions are solely his/her obligation. All information on this website is provided “as is”, with no guarantee of completeness, accuracy, timeliness, or of the results obtained from the use of this information, and without warranty of any kind, express or implied. Forex Prop Firm, or its partners, employees, or agents, shall in no way be responsible to you or anyone else for any decision made or action taken in reliance on the information on the website, or for any consequential, special, or similar damages, even if warned of the potential of such damages. Purchases should not be regarded as deposits. All program charges are utilized for working expenses including, however not restricted to, staff, innovation, and other business-related costs. The webiste home.forexpropfirm.com is owned by FPF Technology LLC having physical address of business “134 Yandell Road Canton, MS 39046”

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Trading Competition - Forex Prop Firm (2024)

FAQs

How to pass prop firm challenge easily? ›

Tips for Passing a Prop Firm Trading Challenge
  1. Understand the Rules of Engagement: ...
  2. Master Your Trading Strategy: ...
  3. Risk Management is Non-Negotiable: ...
  4. Leverage Your Analytical Skills: ...
  5. Stay Disciplined and Patient: ...
  6. Continuous Learning is the Key: ...
  7. Embrace Feedback and Adapt: ...
  8. Simulate Real Trading Conditions:
Feb 5, 2024

How many people pass prop firm challenges? ›

The article from Lux Trading Firm provides slightly different results. According to it, 4% of traders, on average, pass prop firm challenges. But only 1% of traders kept their funded accounts for a reasonable amount of time.

Do prop firms really pay out? ›

Statistics on Average Trader Payouts

Profit Split: The average prop firm will offer a 80-20 profit split once you become a funded trader. TFT, on the other hand, gives up to a 90% split, — even as high as 95% in some promotions — the highest in the industry.

Is it hard to get funded by a prop firm? ›

Becoming a funded trader with a prop firm involves showcasing your trading skills and adherence to risk management during an evaluation process. While the difficulty can vary, it's achievable with consistency, dedication, and a solid trading approach.

What are the odds of passing the prop firm challenge? ›

With the Prop Firm challenges, it's not just about failing or winning. You must be profitable and fulfill certain trading objectives which makes it even harder. Less than 1% of traders who attempt the challenge pass and get funded.

How long should it take to pass a prop firm challenge? ›

For most funded trading accounts, it takes around four to five months to pass the screening process or prop firm trading challenge, before funding will be allocated to a trader.

How many people pass FTMO? ›

There is estimated to be a 90% fail rate of traders that take the FTMO challenge. The reason behind this is due to traders chasing the profit target with a time restriction in place.

How many traders fail prop firms? ›

They're given harsh targets, limited time, no support, and huge leverage – a perfect storm! It's not surprising that 95% of traders fail their challenges!

What are the negatives of prop firms? ›

Among many other potential factors, the main disadvantages of prop trading arise from being classified as a market professional, unfavorable profit sharing, and whether your net trading profits are taxed as capital gains or ordinary personal income.

Which prop firm offers instant funding? ›

FTUK is a reputable prop firm with instant funding accounts, which attracts seasoned traders who want to access large trading capital without a lengthy evaluation process. The funding range is from 14k to 5 million USD with a profit share of 80% and maximum leverage of 1:100.

Is trading for a prop firm worth it? ›

Prop trading is one of the most lucrative activities as the money you earn is determined by a profit-sharing ratio. Unlike brokers, for instance, which generate money from commissions or spreads, the prop firm benefits from directly trading or investing in the market.

What is the failure rate of the prop firm challenge? ›

Understanding the Prop Firm Challenge

At its core, the prop firm challenge can be a way for prop firms to make money from failed challenges. This is because some sources have the failure rate of prop trading challenges at 90%. So for every 10 traders that buy a challenge, 9 will fail.

How to pass the funded next challenge? ›

Traders are required to complete several trading objectives to pass the funding challenge for example, maintaining the drawdown limit, completing the profit target etc. If one of them is violated during the assessment, trader cannot proceed further and they lose their account.

How to pass a 5K funded challenge? ›

By combining technical and fundamental analysis, maintaining a strong psychological and risk management approach, and staying adaptable, you can significantly enhance your chances of success in the 5K Funded Challenge. The final section will discuss common pitfalls in trading and how to avoid them.

What happens if you pass the prop firm challenge? ›

Upon successfully passing a Prop Firm Challenge, traders may be required to fund their trading accounts with an initial amount. The firm may also have scaling plans that determine how much capital traders can access based on their performance.

How to succeed in prop firm trading? ›

In summary, succeeding in a trading prop firm challenge demands planning, risk management, adaptability, continuous learning, and emotional control. By adhering to these basic strategies, maintaining discipline, and increasing your chances of success in the challenge.

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