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Traditional (Demo) Challenge - Prove Your Trading Skills
FORFX invites you to showcase your trading skills through our Traditional (Demo) Challenge. This two-phase challenge is a proven path to earning a funded trading account. Navigate through the challenge, display your trading prowess, and join our elite team of prop traders. Here's how it works:
Traditional
Verify Steps
Once you're funded, you're officially part of the FORFX family. Now you can start your prop trading journey, equipped with a wealth of resources
Start by signing up with FORFX. It's a straightforward process. Fill out the registration form with your personal details and select the Traditional (Demo)Challenge as your chosen verification method.
We offer different challenge plans to suit varying needs and preferences. Each plan comes with a unique set of conditions, account size, and profit targets. Choose the plan that aligns best with your trading style and goals.
Once your demo account is set up, it's time to start trading. Utilize your best strategies to hit the profit target while managing risk effectively. The objective here is not just about achieving profits, but also demonstrating sound trading practices and consistency.
The challenge consists of two phases: the Challenge Phase and the Verification Phase. In the Challenge Phase, you aim to hit the profit target within the maximum trading days allotted. If successful, you proceed to the Verification Phase, where you need to repeat your success under slightly modified conditions. Once you pass both phases, you're eligible for a funded account.
Congratulations on passing the two phases! You'll now receive your funded account. As a FORFX trader, you're entitled to our industry-leading 80% profit share and round-the-clock support.
Pricing Plan
We appreciate that every trader and trading style is different. With that in mind we offer the opportunity to customize your trading accounts at the checkout.
Having peace of mind is essential for concentrating fully on your trading results. we aim to avoid placing our traders under undue stress, hence, the trading period is entirely open-ended. at FORFX, you're allowed all the time you require to achieve your profit target.
Achieve the goal by trading on 4 days within the cycle, with at least one trade per day. Only the execution day counts as a trading day for multi-day trades.
Your losses in a day must not exceed 5% of your initial account balance (10% for aggressive challenges); this covers both closed trade results and open positions, preventing excessive daily losses.
Throughout the challenge, your equity should not drop below 90% of the initial account balance (80% for aggressive challenges); this rule applies to both closed and open positions, ensuring a buffer against substantial losses.
Aim for a profit of 10% (20% for Aggressive). all positions must be closed by the end of the respective period.
You can redo the Challenge for one more time only with Legend challenges.
You receive 80% (90% for Legend) share of profits; this occurs after completing the challenge requirements.
You will be eligible for a reimbursement after you have passed phase 1 and 2 of the challenge. It will be a full refund plus 25% extra (total refund 125% of purchase). This can be requested along with any profit payouts after you receive your live account.
If you complete the Trading Objectives early, you can proceed faster; for instance, finishing objectives in 11 days lets you move to Funded.
You need to trade on at least 10 separate days during the current cycle, with at least one trade opened each day; this ensures consistent trading activity.
There is no daily loss limit in step 1 of the Live challenge. For funded accounts there will be a %5 maximum daily loss limit applied.
Throughout the challenge, your equity should not drop below 92% of the initial account balance; this rule applies to both closed and open positions, ensuring a buffer against substantial losses.
Aim for a profit of 18%. all positions must be closed by the end of the respective period.
You have the opportunity to retake the Challenge at no cost a total of 12 times.
You receive 80% share of profits; this occurs after completing the challenge requirements.
There is no fee for the live challenge.
For $10.000 funded account you must enter the challenge with a $1.000 Opofinance Live account.
For $75.000 funded account you must enter the challenge with a $5.000 Opofinance Live account.
For $200.000 funded account you must enter the challenge with a $10.000 Opofinance Live account.
Why FORFX?
We appreciate that every trader and trading style is different. With that in mind we offer the opportunity to customize your trading accounts at the checkout.
Unlimited Attempts
Zero Risk Verification
Exceptional Profit Sharing
Unparalleled Support
Frequently Asked Questions
Got questions about our Traditional (Demo) Challenge? Find quick answers to some common queries below.
Yes, you're free to use any trading strategy that fits within our trading rules and guidelines.
For legend accounts you are granted 1 free repeat, and for pro accounts you can buy the challenge with a discount code
Yes, you can participate in both challenges. However, each challenge requires different accounts.
The Challenge Phase is the first part of the challenge where you aim to hit theprofit target within a given number of trading days. The Verification Phaserequires you to repeat your success under slightly modified conditions.
Ready To Embark On Your Trading Journey With FORFX?
Join us now and become part of an innovative and transparent prop trading firm. We're here to empower you on your journey to financial freedom.