| Refund Policy (Code) |
Refund PolicyFORFX 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. |
| 3 Percent Rule (Notes) |
3 Percent RuleFORFX does not explicitly enforce a standalone 3% rule per trade idea like some other prop firms. However, risk per trade is implicitly managed through the daily loss and overall loss limits, along with the Floating Loss Ratio (FLR) rule which restricts open floating losses. |
| Consistency Rule (Notes) |
Consistency RulesFORFX enforces consistency and stability rules that vary by challenge type. - Flash and Legend: A 20% consistency rule applies, meaning your best single trading day's profit cannot exceed 20% of your total profits.
- Black: A 15% stability rule applies on funded accounts, requiring more even distribution of profits across trading days.
- PeakScalp: No specific consistency rule mentioned, making it more flexible for scalping strategies.
- All models require minimum trading days (4 days during evaluation, 5 days funded) to ensure sufficient trading activity.
These rules are designed to discourage gambling-style behaviour and encourage steady, disciplined trading. |
| Indices Leverage Max |
20 |
| Metals Leverage Max |
20 |
| Days to First Payout |
10 |
| Payout Processing Time (Days) |
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]. |
| Account Merge Allowed |
No |
| Max Accounts per Trader |
N/A |
| KYC Required |
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. |
| Restricted Countries |
Turkey, Pakistan, Australia, USA, Japan, Canada, North Korea, Iran, Myanmar, Russia |
| Scaling Plan Availability |
No |
| Other Risk Rules |
Other Risk RulesFORFX enforces additional risk and conduct rules across most models. Trading Restrictions: - Floating Loss Ratio (FLR): A key rule unique to FORFX. FLR limits the maximum floating (unrealized) loss at any time to 2% on Normal accounts (25K/50K balances) or 4% on Aggressive accounts. This is separate from the daily/overall loss limits.
- 30-Second Rule: On most challenges (except PeakScalp), trades must be held for at least 30 seconds before closing.
- Maximum 50% margin usage during high-impact news events.
- Minimum 4 trading days during evaluation phases and 5 trading days during funded phase.
Behaviour Rules: - Latency arbitrage, server exploitation, and other abusive execution strategies are prohibited.
- Rule enforcement and the FLR rule have been a common source of trader complaints regarding unexpected breaches.
Violations result in account termination or cancelled payouts. |
| Spread Quality |
FORFX advertises spreads starting from 0.0 pips on major currency pairs, but in live trading conditions, average spreads are approximately 0.8 pips. Since the firm is backed by Opofinance broker, spread quality reflects the broker's institutional liquidity. Traders should expect typical retail CFD spread conditions rather than the advertised minimums. |
| Slippage Policy |
Execution quality at FORFX is tied to Opofinance's brokerage infrastructure. The firm supports live account trading through its unique Live Assessment Plan, which means traders experience real market conditions including genuine slippage and execution speeds. For demo challenges, execution mirrors standard prop firm demo conditions. Trader feedback on Trustpilot has raised concerns about the FLR rule causing unexpected breaches, particularly on volatile instruments like gold, though the firm maintains these are part of its risk management framework. |
| Martingale Allowed |
FORFX does not explicitly address martingale strategies in its published rules. However, aggressive position sizing or recovery-style systems would likely breach the FLR (Floating Loss Ratio) rule and daily/overall loss limits. The consistency and stability rules also discourage erratic lot sizing patterns that are characteristic of martingale strategies. |
| Lot Size Limits |
FORFX does not publish specific lot size caps. Practical limits arise from the FLR rule (2% or 4% floating loss cap), daily loss limits, and the 50% maximum margin usage rule during news events. Sudden spikes to unusually large positions could trigger reviews under the consistency and stability rules. |
| promo code |
BPFG10 |