The use of EA’s is permitted. However, please note that EA’s that break our defined copy trading rules are prohibited.

EAs (Expert Advisors) and various trading strategies are welcome on our platform, provided they adhere to our stipulated rules. It is important to emphasize that while EAs are permitted, along with a wide range of trading approaches, compliance with all our rules is mandatory for any strategy employed.

There are no trade size limits during challenge; however, you will need to ensure you meet your margin requirements.

Yes, you can hold open trades overnight and over the weekend. However, please be aware that leverage may be adjusted during periods of increased volatility.

Martingale strategies or Martingale Expert Advisors (EAs) are prohibited. We define Martingale as the act of opening a new position in the same direction when the initial position is experiencing a drawdown. If the subsequent position is initiated with an exponent surpassing 1x, we categorise this as the use of a Martingale strategy.

The daily loss limit is determined by calculating 5% of the equity at the close of the previous day. It is shown as a %, so that the monetary amount adjusts automatically as your account rises and falls. For example, let’s assume that the equity on your account was $200,000 at the close of the previous day. 5% of $200,000 is $10,000, so your account would hit the loss limit if your equity fell to $190,000 during the current day. This calculation ensures that you can manage your risk effectively when you trade. Please note, all traders using FFC accounts must comply with the daily loss limits and maximum trailing drawdowns that were applicable at the time of purchase. Rules cannot be changed retrospectively.

You are not allowed to copy trades from another FFC account or any external account. Traders found in breach of this rule and agreement term and will have their account closed. However, copying trades from your own external accounts is allowed, as long as you are not copying trades from a third-party. FFC retains the right to request proof and evidence in such instances.

It is not mandatory to utilise a Stop Loss but its advisable as these are essential for managing risk and provide better control over your trading strategy and protect your challenge.

A minimum of 5 trading days is required for both Step 1 and 2.

There is no time limit for the challenge periods in both Step 1 and Step 2.

Yes, it certainly is. You have the freedom to trade whenever our markets are open.

Certainly. There are no restrictions on trading during news events or high-impact news releases.

No time limit.
Profit Target: 8%
Max daily loss: 5%
Max total loss: 10%

No time limit.
Profit Target: 5%
Max daily loss: 5%
Max total loss: 10%

We have competitive spreads, and no trading commissions are applicable. There are no additional charges for data, and you will not incur any costs due to slippage during trade execution.

Your smallest USD notional trade size must be at least 50% of your largest USD notional trade size.  Failure to adhere to this crucial consistency rule will render your challenge invalid.

To ensure a fair trading environment, we mandate that trades must be open longer than 2 minutes. This rule helps to prevent erratic market behavior and potential losses. By adhering to this guideline, you help maintain a stable and secure trading platform for all participants.

Hedging is when you take opposite positions on a symbol/market, on a single account or across multiple accounts. For instance, if you trade GBPUSD long and short on the same account, or long on one account and short on another account this is considered to be hedging. Hedging is not allowed as it is considered to be cheating and will result in the termination of your account.

In trading, slippage refers to the difference between the expected price of a trade and the actual price at which the trade is executed. It often occurs in fast-moving markets or when there is low liquidity. At FFC, we ensure that your trades are executed at the anticipated price, and any slippage will not affect your execution price.

The maximum allowable loss is limited to 10% of the initial starting Equity. For example, in a $200,000 challenge the largest acceptable loss would be $20,000, so this rule would be breached if the account equity fell to $180,000 or less at any stage.

In Step 1, you need to achieve a total profit of 8%, whereas in Step 2, the target is 5%. These targets are determined by the initial equity in the account. For instance, if the starting equity is $100,000, the Step 1 profit target would be $8,000 (8%).