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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Client Area

Trading Competition - Forex Prop Firm (2024)

FAQs

Which prop firms offer competitions? ›

Prop Firm Trading Competitions
Proprietary Trading FirmTrading Competitions
RebelsFunding✅ (Monthly)
Smart Prop Trader✅ (Monthly)
SurgeTrader✅ (Occasionally)
The Funded Trader✅ (Monthly)
32 more rows

Which is the best prop firm for forex? ›

The most popular prop trading firms and funded programmes
  • Axi Select.
  • FTMO.
  • The Forex Funder.
  • E8 Markets.
  • The 5%ers.
  • Funded Next.
  • Funded Trading Plus.

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.

How many traders pass prop firm challenge? ›

Recent research shows that between 80 to 99% of traders fail in trading. 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 can I enter lots of competitions? ›

Tune in to your local radio stations and check their websites regularly as the text and phone-in comps get very few entries! Think of the places you visit regularly – restaurants, salons, theatres, gyms – then follow them on social media and join their newsletters.

How do I find competitions? ›

Follow compers on social media

Most compers are a friendly bunch and won't mind other compers following them! Check comments and replies on Twitter and Instagram competitions, and you'll find lots of compers there to follow.

Is FTMO banned in the US? ›

FTMO Banned USA Clients – Heres our Top 5 Alternatives (Accepting USA Traders) FTMO have now restricted access to all new US-based traders as of January 2024. This appears to be related to regulatory issues and may have something to do with the recent My Forex Funds case.

What is the most legit prop firm? ›

Best Prop Trading Firms 2024 - Reviewed by Experts
  1. Topstep: A Leader in Trading Innovation. ...
  2. The 5%ers: Forex Trading with a Twist. ...
  3. Earn2Trade: Empowering Aspiring Traders. ...
  4. SurgeTrader: A Gateway to Diverse Trading Assets. ...
  5. FTMO: Stringent Yet Rewarding. ...
  6. E8 Funding: Innovative and Flexible.
Feb 2, 2024

Which prop firm is better than FTMO? ›

FTMO 's top competitors in May 2024 are: FunderPro, the5ers and more. FunderPro is currently rank as the number one on the list of top Forex Prop Firms.

What are the negatives of prop firms? ›

Foreign Exchange Specialist at FTMO.
  • Strict Risk Management Rules and Trading Guidelines: ...
  • Profit Sharing: ...
  • Profit Targets During the Evaluation Period: ...
  • Limited Control Over Capital and Payouts: ...
  • Lack of Regulatory Oversight: ...
  • High Leverage and Margin Requirements: ...
  • Financial Risk and Capital Exposure:
Feb 11, 2024

What are the disadvantages 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.

Can you make a living with prop trading? ›

Also known as “prop trading,” it offers higher earnings potential much earlier in your career than jobs like investment banking or private equity. It's arguably the most merit-based industry within finance: if you make millions of dollars for your firm, you'll earn some percentage of it.

What happens if you lose a prop firm challenge? ›

When you are trading with a prop firm, your losses are usually limited to the foregone risk of your challenge/account fee. You are generally not liable for the prop firm's lost funds.

What is the failure rate of FTMO? ›

According to FTMO statistics, only about 10% of traders are able to pass the funded account challenge at any account level. This means approximately 90% of aspiring funded traders fail the evaluation and are unable to gain access to the firm's capital.

What is the failure rate of prop traders? ›

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. While this result is not nearly as bad as the one discussed earlier, it still looks bleak for prospective prop traders. But why is the percentage of failure so high?

Which prop firm gives free challenges? ›

Which prop firms give a free trial? FunderPro, FTMO, UltraCap Trading are some of the best options for traders who want to join a prop trading firm that offers free trials or demo accounts.

Is funded next competition free? ›

Absolutely! Participation in the FundedNext Trading Competition is completely free of charge. There are no fees or expenses involved when entering this competition.

Which prop firm is the cheapest? ›

Trade View Investments: Trade View Investments stands out as one of the most affordable prop firms in South Africa. With a focus on forex trading, they offer a competitive fee structure with minimal monthly costs and attractive profit-sharing arrangements.

What is April 2024 competition prop firm? ›

Smart Prop Trader is offering an exclusive promotion for aspiring and experienced traders. For a limited time, from April 1st 2024 to April 30th 2024, we have two offers for you with an 85% profit split: Purchase our 10K to 25K accounts at 15% discount, Use CODE: SPTSTART.

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