What payment methods can be used at FORFX, and are purchases refundable?
💡 Answer
Payment Methods: Credit/Debit Card, Crypto, Bank TransferRefund Policy
FORFX offers a 125% fee refund on all challenge types upon successful completion and first funded payout. This means traders receive their original challenge fee back plus an additional 25% bonus with their first profit withdrawal. Legend Aggressive variant also offers a 5% refund during evaluation phases. For purchase refunds, traders can email [email protected] and refunds are processed within 2 business days.
Accepted payment methods, refund eligibility criteria, and processing times are detailed on FORFX official website.
More FAQs about FORFX
- Can traders use EAs, trade news, hold weekend positions, or copy trades at FORFX, and what strategies are prohibited?
- What are the withdrawal conditions at FORFX, including minimum payout and processing time?
- How is profit shared between the trader and FORFX at the maximum level?
- What instruments and markets can traders access at FORFX?
- How much leverage is available at FORFX for FX, indices, metals, and crypto assets?
- Does FORFX offer multiple trading platforms, and which broker are they connected to?
- How does the trading environment at FORFX compare in terms of spreads, commissions, and slippage policy?
- What are the trading restrictions at FORFX, such as prohibited strategies, martingale usage, and lot size limits?
- How does the drawdown system work at FORFX?
- What are the main risk control rules enforced by FORFX during evaluations?
- What types of trading programs can traders choose from at FORFX?
- What type of trading challenges does FORFX require before funding?
- What is the funding limit at FORFX, and does the firm allow traders to scale their accounts?
- What is FORFX's Trustpilot rating and total review count right now?
- Does FORFX offer 2-phase, 1-phase, or instant funding programs?
- Does FORFX allow multiple accounts, account merging, and are there any lot size restrictions?
- Is identity verification mandatory at FORFX, and at which stage does KYC occur?
- Which regions or countries are restricted by FORFX?
Guides Where FORFX Is Featured
- Prop Firms Offering Crypto Leverage of 1:1 or Higher
- Prop Firms Offering Crypto Trading
- Prop Firms Offering FX Leverage of 1:75 or Higher
- Prop Firms Offering Maximum Profit Split of 90% or Higher
- Prop Firms Offering Metals Leverage of 1:20 or Higher
- Prop Firms Offering More Than $300k in Funding
- Prop Firms Offering Profit Split Starting at 70% or Higher
- Prop Firms With At Least 3 Years in Operation
- Prop Firms With cTrader Platform
- Top Prop Firms That Accept Clients From China
These guides include FORFX alongside other prop firms, grouped by trading features, platforms, availability, and trader requirements.
FORFX vs Funded Prime vs Funded Firm - Prop Firm Comparison (November 2026)
Side-by-side comparison of FORFX vs Funded Prime vs Funded Firm. Quickly scan maximum funding, profit splits, risk rules, leverage, platforms, instruments, payout schedules, payment options, trading permissions and KYC restrictions to narrow down your prop trading firm shortlist. Data updated November 2026.
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FORFX
FORFX is an innovative prop firm backed by Opofinance broker offering Flash, Legend, PeakScalp, Black, and Live challenge types with profit splits up to 90%, a unique Live Assessment Plan with real funded accounts, and payouts as fast as 10...
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Funded Prime
Funded Prime is a simulated trading evaluation program administered by Radias PTT FZ-LLC. It offers One Phase, Two Phase, Stock Traders, Meme Coin and Bitcoin Maxi challenges, primarily on TradeLocker (with DXtrade also linked as a supported platform resource). Funded-stage...
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Funded Firm
FundedFirm is a UK-based proprietary trading firm launched in 2024. It offers 1‑Step and 2‑Step evaluation programs with unlimited time, allowing traders to trade forex, metals, indices, energies and cryptocurrencies on MT5. With leverage up to 1:100 (1:50 for crypto),...
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| Overview | |||
| Trustpilot Rating | 0 | 3.1 | 0 |
| Trustpilot Reviews | 0 | 15 | 0 |
| Headquarters | United Arab Emirates | United Arab Emirates | United Kingdom |
| Age (Years) | 3 | 3 | 2 |
| Max Funding | $400,000 | $800,000 | $100,000 |
| Profit Split Start | 70% | 80% | 90% |
| Profit Split Max | 90% | 90% | 100% |
| Platforms | MT4 MT5 cTrader | TradeLocker DXtrade | mt5 |
| Assets | FX Metals Indices Energy Crypto | Forex Commodities Indices Crypto Stocks | Forex Precious Metals Indices Energies Cryptocurrencies |
| Leverage | |||
| FX Leverage | 100 | 50 | 100 |
| Metals Leverage | 20 | 10 | 100 |
| Crypto Leverage | 2 | 1 | 50 |
| Risk & Drawdown Rules | |||
| Max Daily Loss | Maximum Daily LossFORFX applies model-dependent daily loss limits that differ between evaluation and funded phases.How It Is Applied:Flash Normal: 5% maximum daily loss across all phases.Flash Aggressive: 10% during evaluation, 5% once funded.Legend Normal: 5% maximum daily loss across all phases.Legend Aggressive: 10% during evaluation, 5% once funded.PeakScalp Normal: 5% maximum daily loss across all phases.PeakScalp Aggressive: 10% during evaluation, 5% once funded.Black Normal: 5% maximum daily loss across all phases.Black Aggressive: 10% during evaluation, 5% once funded.Daily drawdown is... | 5 | 3–5 |
| Max Total Loss | Maximum Overall LossMaximum overall loss on FORFX accounts varies by model and variant.How It Works:Flash Normal: 10% maximum overall loss across all phases.Flash Aggressive: 20% during evaluation, 10% once funded.Legend Normal: 10% maximum overall loss across all phases.Legend Aggressive: 20% during evaluation, 10% once funded.PeakScalp Normal: 12% maximum overall loss (highest among all models).PeakScalp Aggressive: 20% during evaluation, 10% once funded.Black Normal: 10% maximum overall loss across all phases.Black Aggressive: 20% during evaluation, 10% once funded.If equity falls below the... | 10 | 6–10 |
| Drawdown Type | Drawdown ModelFORFX uses a static drawdown model where the maximum loss is measured from the initial starting balance rather than trailing from highest equity.Key Points:All challenge types use static (balance-based) drawdown for overall maximum loss.Daily drawdown resets at 5:00 PM EST based on end-of-day account balance.Aggressive variants have relaxed drawdown limits during evaluation (10% daily / 20% max) but revert to standard limits (5% daily / 10% max) once funded.Drawdown calculations include both open and closed positions.The static model means... | Drawdown ModelEquity-based drawdown. For One Phase / Two Phase / Stock Traders / Bitcoin Maxi: Max Daily Drawdown is a % of the previous day’s equity snapshot (5% for One/Two/Stock; 3% for Bitcoin Maxi). Max Drawdown is a fixed % of the initial balance (10% for One/Two/Stock; 5% for Bitcoin Maxi). Meme Coin uses a 6.5% trailing drawdown. | Fixed (daily 3–5% of starting equity; overall 6–10% of initial balance) |
| Payouts | |||
| Payout Frequency | Payout FrequencyFORFX offers different payout cycles depending on the challenge type.Flash: First payout available after 10 days from funded account activation.Legend: First payout after 30 days, then every 14 days thereafter.PeakScalp: First payout after 30 days, then every 14 days thereafter.Black: First payout after 10 days.Live: Payout terms based on funded account agreement.All models offer a 125% fee refund upon successful completion and first payout from the funded account. | Payout FrequencyPayout waiting periods (from account opening / prior payout request) depend on the challenge type:One Phase: 14 daysTwo Phase: 7 daysStock Traders: 14 daysMeme Coin: 14 daysBitcoin Maxi: 14 daysAn add-on (“Prime Payout”) can reduce the payout time to 7 days for eligible plans. | Payouts can be requested weekly, bi‑weekly or monthly. Weekly cycles provide a 60% profit split, bi‑weekly cycles 80%, and monthly cycles up to 100%. Payouts for weekly and bi‑weekly plans are released every Wednesday starting from the second week after the account is opened. |
| Days to First Payout | 10 | 14 | 7 |
| Payout Processing Time | Payout ProcessingFORFX processes payout requests typically within 1 to 2 business days once approved. The firm supports cryptocurrency-based payouts as the primary withdrawal method. Refunds are processed within up to 2 business days via email request to [email protected]. | 2 | 1 |
| Payout Methods | Crypto | USDT TRC20 USDT ERC20 BTC International Bank Transfer | Bank transfer UPI BTC USDT TRC20 USDT BEP20 USDT ERC20 |
| Payments | |||
| Payment Methods | Credit/Debit Card Crypto Bank Transfer | Credit/Debit Cards Cryptocurrencies | UPI Bitcoin USDT TRC20 USDT BEP20 USDT ERC20 |
| Trading Permissions | |||
| News Trading | News trading is allowed on all FORFX challenge types. However, there is a restriction on margin usage during high-impact economic events.All Models:News trading is permitted during both evaluation and funded phases.A maximum 50% margin usage rule applies during high-impact news releases to prevent excessive leverage during volatile periods. | News trading depends on the challenge: Two Phases allowed; One Phase, Stock Traders and Meme Coin not allowed within 10 minutes before/after high-impact releases. | News trading is allowed on all account types. Traders may open and close positions during high‑impact news releases. |
| Weekend Trades | Weekend holding is allowed across all FORFX challenge types.All Models (Flash, Legend, PeakScalp, Black, Live):Holding trades over the weekend is permitted in both evaluation and funded phases.Standard platform trading hours and gap risk apply. | Weekend trading: One Phase, Two Phase and Stock Traders not allowed; Meme Coin allowed. | Overnight and weekend holding is allowed without restrictions. |
| Copy Trading | FORFX does not provide detailed public documentation on copy trading policies. Based on the available information, copy trading between your own accounts may be permitted as long as all risk rules and consistency requirements are met on each individual account. Traders should contact support for specific copy trading guidelines. | Copy trading from other traders is prohibited; copying from your own personal accounts into your Funded Prime account is permitted if registered under the same email address. (Copy trading is permitted in evaluation stage.) | Copy trading and mirroring strategies across accounts are prohibited. |
| EA Allowed | Expert Advisors (EAs) are allowed on most FORFX challenge types with one notable exception.Permitted:Flash: EAs allowed in all phases.Legend: EAs allowed in all phases.Black: EAs allowed in all phases.Live: EAs allowed.Not Permitted:PeakScalp: EAs are NOT allowed on this challenge type.All automated trading must comply with the firm's FLR, consistency, and drawdown rules. | EAs are allowed for Prime Traders and strictly prohibited for Stock Traders. | Expert Advisors (EAs) and automated trading tools are not allowed. |
| KYC & Restrictions | |||
| KYC Required | No | No | No |
| KYC Stage | FORFX requires KYC verification for funded account activation and payouts. Full identity verification is mandatory when transitioning from evaluation to funded status. Traders should expect to submit standard ID and residency documents before accessing their funded account and profit distributions. | KYC must be completed to be eligible for payouts (Rules and Conditions/FAQs). FAQs note that if a payout exceeds $1,000, required KYC documents must be submitted and approved before requesting a withdrawal. | KYC/AML verification is required before the first payout. Traders may need to provide government‑issued ID and proof of address to satisfy compliance checks. |
| Restricted Countries | Turkey Pakistan Australia USA Japan Canada North Korea Iran Myanmar Russia | Australia Cuba Iran North Korea Myanmar Russia (including Crimea Donetsk Luhansk regions of Ukraine) Somalia Syria | No specific list of restricted countries is published but services may not be available in sanctioned jurisdictions such as North Korea Iran Syria and other high‑risk regions. |
FORFX
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