About Forex Prop Firm
Forex Prop Firm, the industry-leading proprietary trading firm, offers traders the opportunity to trade with significant capital in the Forex market without using their own funds. By providing capital to talented traders, Forex Prop Firm enables individuals to maximize their chances of increased profit while adhering to professional risk management guidelines.
Forex Prop Firm helps identify capable traders through its challenge-based funding approach. Before a trader can access the firm’s capital, they must prove their trading talent, risk management discipline, and consistency in returns by passing what is known as the Challenge. Traders who pass the challenge are given a funded account from which they can trade the firm’s capital and keep 40-50% of profits.
Forex Prop Firm stands out by providing flexible trading conditions, competitive profit-sharing models, and support specifically tailored to the needs of traders. It strives to help traders succeed in the world of forex by offering educational resources and account sizes that range from $10,000 to $200,000.
Established | Country | CEO |
2022 | Canada | Jonathan Dufresne |
Broker | Platform | Trust Pilot Score |
Bybit | Proprietary trading terminal | 4.5 |
About the CEO of Forex Prop Firm
The CEO of Forex Prop Firm, Jonathan Dufresne, is based in Montreal, Canada. The company is legally owned by FPF s.r.o., which was established in January 2022. Forex Prop Firm provides the opportunity to open funded trading accounts, offering various options such as evaluation and instant funding accounts.
How to Use the Forex Prop Challenge Discount Code
Step 1 – Sign Up & Select Your Challenge:
- Desktop or Laptop: Highlight the promo code and use
CTRL + Con a Windows computer orCMD + Con a Mac to copy the code. - Mobile: Press and hold the promo code to highlight it. Tap “Copy” from the pop-up menu. The discount code will be copied to your clipboard. Click the “Claim Now” button to proceed.
Use code “15” for 35% OFF Instant Funding accounts and a +15% profit share upgrade!
Step 2: Choose Your Forex Prop Firm Challenge
Knowing which challenge to select is one of the most important parts of your Forex Prop Firm journey. There are a few different challenge types designed for specific traders, with variations in account size, risk levels, and evaluation criteria. These are questions to keep in mind when choosing your challenge:
- Trading Size: The Forex Prop Firm provides funded trading accounts ranging from $10,000 to as high as $200,000. The profit potential is higher with larger accounts, but this size may come with stricter requirements. Select an account size that matches your experience and trading targets.
- Ease of Difficulty: The company offers a standard challenge as well as a more aggressive one. Standard challenges offer reasonable risk and maximum drawdown limits, while aggressive challenges take on more risk but have stricter loss guidelines. Your choice should reflect your own risk tolerance.
- Profit Targets and Drawdowns: Every challenge has a profit target you must reach to succeed. For example, the target may be 10% profit over 30 days, along with drawdown limits that cap daily and overall losses. Be sure to select a challenge with the right drawdown limits for your risk management.
- Time Boundaries: Forex Prop Firm challenges typically have a time limit of 30 days for the first phase and 60 days for the second phase. You must meet the profit target within these windows. If your trading style is slower and steadier, ensure the challenge’s time frame aligns with your approach.
- Trading Conditions: Confirm the company’s trading rules, such as whether you can hold overnight positions, carry positions over the weekend, or trade during news events. These conditions can significantly impact your strategy, especially if you’re a swing trader or rely on fundamental analysis.
By selecting a challenge suited to your trading style and risk tolerance, you increase your chances of passing the evaluation on the Forex Prop Firm site.
Step 3: Choose Your Forex Prop Firm Program
Now, once you have chosen the right challenge, there are several payment options available to cover your challenge fees. Forex Prop Firm offers flexible payment options to help traders worldwide participate without significant barriers. The payment methods available are quite standard:
- Credit/Debit Cards: All major credit and debit cards (Visa, Mastercard, American Express) are accepted by Forex Prop Firm. This is the most widespread and rapid payment option, with instant processing so you can start your challenge right away.
- Bank Transfer: If you prefer not to use a card, bank transfers are also accepted. This is a secure option for those who don’t mind waiting several business days to complete the process.
- Cryptocurrency: Forex Prop Firm stands out by supporting payments in popular cryptocurrencies like Bitcoin, Ethereum, and others. This layer of privacy might appeal to international traders looking to bypass exchange rates or banking barriers.
- E-Wallets: Many traders find it straightforward to use e-wallet services like PayPal, Skrill, and Neteller due to the speed of transactions. Digital wallets are safe, easy, and especially convenient for traders who manage multiple currencies or want to avoid traditional banking methods.
These payment options make it easy for traders worldwide, regardless of their financial preferences, to participate in challenges.
Use code “15” for 35% OFF Instant Funding accounts and a +15% profit share upgrade!
Step 4: Choose Your Payment Method
Once you’ve selected your Forex Prop Firm challenge and chosen your payment method, the final step is to apply your discount code. Here’s how to do it:
- Go to the Checkout Page: Once you have selected your challenge and entered your information, proceed to the checkout page.
- Find the Discount Code Field: Look for the discount code field on your checkout page, often labeled “Discount Code” or “Promo Code.”
- Apply the Code: Type in your discount code and click “Apply.” If the code is valid, the total cost will be reduced accordingly.
- Finalize Payment: Once the discount is applied, complete the payment using your selected method. After successful payment, you’ll receive confirmation and instructions to begin your evaluation.
Using a prop firm discount code is an excellent way to reduce the entry cost, opening up access for more traders hoping to become funded on their journey as professional Forex Prop Firm traders.
Use code “15” for 35% OFF Instant Funding accounts and a +15% profit share upgrade!
What Payment Methods are Available?
Forex Prop Firm provides multiple payment options to accommodate traders in different geographical areas and financial strategies. These include:
- Credit/Debit Cards: Quick and convenient, suitable for all types of real-time transactions.
- Bank Transfer: Secure but slower, for those who prefer direct payments.
- Cryptocurrency: Anonymous, perfect for international transactions.
- E-Wallets (PayPal, Skrill, Neteller): The fastest and safest way to manage multiple currencies.
These options make the checkout experience seamless and secure, allowing traders to choose the payment method that suits them best.
How to Claim Your Forex Prop Firm Discount (Video)?
Use code “15” for 35% OFF Instant Funding accounts and a +15% profit share upgrade!
Forex Prop Firm Support and Help
Contact Forex Prop Firm
Email: support@forexpropfirm.com
Social Media Profiles
Forex Prop Firm Discount Code FAQ's
Forex Prop Firm is a proprietary trading firm that offers funded accounts to traders who pass their evaluation process or opt for instant funding. Traders get access to capital, allowing them to trade without risking their own money, with the potential to keep up to 100% of the profits.
The CEO of Forex Prop Firm is Jonathan Dufresne, and the company is headquartered in Montreal, Canada.
The firm offers a two-step evaluation process. Traders must achieve a profit target of 10% in Phase 1 and 5% in Phase 2, while adhering to risk management rules like a 5% maximum daily loss and a 10% overall loss limit. Once both phases are passed, traders receive a funded account.
For funded accounts, traders can earn up to 90% of the profits, with the potential to increase this to 100% depending on performance and account type. The profit split may vary based on the type of account and the specific funding program chosen.
Yes, Forex Prop Firm offers an instant funding option, allowing traders to skip the evaluation process and start trading immediately. Account sizes range from $10,000 to $400,000, with profit splits starting at 80%.
Terms and Conditions
Understanding the terms and conditions associated with Forex Prop Firm discount codes is essential for their proper use. Common terms include:
- Validity Period: Discount codes usually have an expiration date after which they cannot be used.
- Eligibility: Some codes may be restricted to new users or specific challenges.
- Usage Limit: There may be limits on how many times a code can be used or combined with other offers.
- Minimum Purchase Requirement: Certain codes may require a minimum spend to be valid.
Always read and understand these terms to avoid any issues when applying your discount code on the Forex Prop Firm website.
