Forex Prop Firm Prop Firm Review – What You Need to Know in 2025
Forex Prop Firm (FPF), founded in 2022 and headquartered in Dubai, UAE, is a proprietary trading firm offering virtual funded accounts from $5,000 to $200,000, scalable to $10 million. Known for its high profit splits of up to 90%, no time limits on challenges, and support for forex, crypto, indices, and metals, FPF has attracted over 10,000 traders.
Forex Prop Firm Best suited for:
- Beginners: Affordable fees and no time pressure on evaluations.
- Intermediate traders: Flexible rules and community support.
- Experienced traders: High profit splits and aggressive scaling plans.
- Scalpers and swing traders: Supports diverse trading styles with high leverage.
Pros & Cons of Forex Prop Firm
Pros
High Profit Splits: Up to 90%, with 100% on first $5,000 for some accounts.- Low Challenge Fees: Starting at $50 for a $5,000 account.
- No Time Limits: Unlimited days to complete evaluations.
- Flexible Trading Rules: Allows news, overnight, and weekend trading.
- Aggressive Scaling: Accounts can scale to $10 million with 12% profit every four months.
- Multiple Platforms: MetaTrader 4, MetaTrader 5, cTrader, and DXtrade.
Cons
Only MetaTrader platforms available:- Weekend trading not available on most accounts:
- Payout timelines may vary based on verification speed:
How Does Forex Prop Firm Work? (Step-by-Step Guide)
- Choose an account size & challenge type: 1-step, 2-step, or instant funding ($5,000-$200,000).
- Pass the evaluation: 10% profit target for 1-step
- 8% then 4% for 2-step.
- Get funded: Trade a demo account with real profit potential.
- Profit splits & payouts: Up to 90% profit split, paid bi-weekly or on-demand.
Forex Prop Firm Account Types & Funding Options
- Account sizes: $5,000 to $200,000, scalable to $10 million. Funding models: o 1-step evaluation (10% profit target). o 2-step evaluation (8% then 4% profit targets). o Instant funding (no evaluation). Profit splits: 80%-90%, with 100% on first $5,000 for select accounts. Challenge fees: $50-$1,050, refundable with first payout for some programs.
Profit Targets & Payouts
- Profit targets: 10% for 1-step
- 8% then 4% for 2-step.
- Payouts: Via bank transfer, crypto (USDT, BTC), or PayPal.
- Payout frequency: Bi-weekly standard, on-demand for instant funding accounts.
- Maximum drawdown: 10%-12% overall.
- Daily drawdown limit: 5% of starting equity or balance, whichever is higher.
- Comparison: FPF’s 5% daily drawdown aligns with The 5%ers and FTMO but is stricter than Topstep (2%-4%).
Leverage & Trading Conditions
- Leverage: Up to 1:100 for forex, 1:50 for crypto, 1:20 for indices and metals.
- Lot size restrictions: None, subject to risk management rules.
Allowed & Restricted Trading Strategies
Allowed Trading Strategies
- Scalping: Short-term trades targeting small price movements.
- Swing Trading: Holding positions for days or weeks.
- News Trading: Permitted without restrictions.
- Overnight/Weekend Trading: Allowed across all account types.
- Expert Advisors (EAs): Supported, including self-copy trading.
Restricted Trading Strategies
- Arbitrage Trading: Exploiting price discrepancies or glitches.
- High-Frequency Trading (HFT): Trades measured in seconds.
- Copy Trading Across Accounts: Coordinating trades between accounts.
- Inconsistent Trading: Vaguely defined
- often cited in payout issues.
- Exploiting Platform Errors: Taking advantage of glitches or delays.
How Long Does It Take to Get Funded by Forex Prop Firm?
- Challenge duration: Unlimited, with a minimum of 5 trading days per phase.
- Evaluation speed: 1-step can be completed in days
- 2-step takes 1-2 weeks.
- User experiences: Fast funding for compliant traders, but payout delays reported.
How Long Has Forex Prop Firm Been Around?
Forex Prop Firm has been operating since 2022, with over 10,000 traders and $2 million paid out monthly. Its rapid growth is offset by mixed feedback on transparency.
Who Owns Forex Prop Firm? (Founder & Company Background)
Founder(s): Not publicly disclosed, led by a team of trading professionals. Company headquarters: Dubai, UAE. Mission & vision: To provide traders with capital, flexible evaluations, and advanced platforms to achieve financial independence. Regulatory status: Unregulated, operates as a prop firm with third-party brokers, emphasizing ethical practices.
What Can You Trade with Forex Prop Firm? (Supported Markets & Assets)
Does Forex Prop Firm Offer Education & Trader Support? (Learning Resources & Coaching)
Limited, blog posts and basic guides on trading strategies. Trader development: Focus on performance tracking via dashboard tools. Coaching programs: None, relies on community support. Community & networking: Active Discord and Telegram for trader collaboration.
How Good is Forex Prop Firm’s Customer Support? (Response Time & Availability)
Support channels: Live chat, email, Discord, Telegram. Response times: Mixed, some report quick responses, others cite delays. Operating hours: 24/5 during market hours. Trader feedback: Positive for accessibility, negative for KYC delays.
Is Forex Prop Firm a Scam or a Legit Prop Firm?
Forex Prop Firm is a legitimate prop firm, verified by UAE registration and a 4.3/5 Trustpilot rating from over 2,000 reviews. It has paid out over $2 million monthly, but concerns about hidden rules suggest research should be done prior to using.
User Reviews & Community Feedback on Forex Prop Firm
- Forex Prop Firm is a legitimate prop firm, verified by UAE registration and a 4.3/5 Trustpilot rating from over 2,000 reviews. It has paid out over $2 million monthly, but concerns about hidden rules suggest research should be done prior to using.:
Alternatives to Forex Prop Firm – How It Compares
- FTMO: Higher trust score, 90% split, but stricter rules and no instant funding. The 5%ers: Up to 100% split, no crypto, excludes US traders. FundedNext: Similar crypto offerings, 15% challenge profit share, less aggressive scaling.
Final Verdict – Should You Trade with Forex Prop Firm?
Forex Prop Firm is best for traders seeking high profit splits, flexible evaluations, and aggressive scaling up to $10 million. Its support for crypto and multiple platforms is a plus. Thorough research is advised before joining in 2025.
