How to reset the account?
If you violate any Rules or Drawdown Limits, you must reset your trading account to be eligible for funding again. The reset costs depend on according to the selected plan, and your account will be reset to its starting balance regardless of your account balance at the time of the breach. Reset Price: Starter = £157 Standard = £237 Professional = £461 We expect our traders to be honest. When a trader meets a profit target, our team will review all trading activity before funding the accPopularWhat happens if I violate the rules?
Following the ‘trading rules’ and risk management are critical components of your success with us. If you violate one of the trading rules using open or limit orders at any time, your account will be terminated and you will not be entitled to the profit share. Any open trades will not be automatically liquidated, but your account will become ineligible for trading. To continue receiving funding, your funded trading account must be reset. The reset costs depend on according to the selected planSome readersHow to start trading with FundYourFX?
All you have to do is apply on our website for our funded trader program. Simply go to fundyourfx.com or visit our Pricing page and see which program you are interested in, and then click on "Start Now" to set up an interview. FundYourFX offers three different funded trading programs to suit different types of traders. Starter £147/ Refundable Receive a funded account with a starting balance of $6,000 USD. Standard £297/ Refundable Receive a funded account with a starting balance of $15,0Few readersDo you have a scaling plan?
Yes, we do have a scaling plan. Every one of our traders has access to the scaling plan. The requirement to be eligible for the scaling plan is simple. Your funded account will automatically increase once you generate a 10% profit. Depending on the funded trading program you chose, it can continue to grow steadily until it reaches up to $1.75M. For the Starter program, your funded account can grow to $500,000. (https://storage.crisp.chat/users/helpdesk/website/4e942a5d48975c00/design-the-scaFew readersHow long does it take to get funded?
If you fill out our application, have a successful interview, and are accepted, you will receive documents and credentials to the trading account within 24 hours. Please note that if you apply on the weekend, allow until Monday to set up the account for you.Few readersWhere is your office? How do I contact you?
Our office is located at FYFX Capital Limited Unit 2A, 17/F Glenealy, No. 1 Glenealy Central Hong Kong S.A. You can contact us by email at info@fundyourfx.com or by phone at +44 330 551 9966 Because our traders are located all over the world, the office location is primarily for the back-office staff, which consists of administrative and support personnel who do not interact with clients and are thus not for traders.Few readersAre there any countries we cannot trade from?
Yes, currently, FundYourFX has specific geographic restrictions that unfortunately include traders from the United States. This decision is strictly in response to the regulatory environment and compliance requirements specific to the U.S. financial markets. It’s important to understand that this restriction is not a reflection of our views towards American traders or the U.S. market. Ensuring compliance with all applicable laws and regulations is crucial for us to maintain a fair, secure, and tFew readersDo you offer Islamic account?
Yes, a swap-free Islamic account is available from FundYourFX upon request. We want to make it possible for our traders to trade in the markets according to the rules of Sharia Law.Few readersFundYourFX & Funded-Trading Partnership (Sharing Data)
At FundYourFX, we are committed to providing our clients with the highest quality service possible. One of the ways we do this is by forming marketing partnerships with other companies in our industry. FundYourFX has recently entered into a marketing cooperation with the Independent Prop Trading Community Funded-Trading.com. As a result of this cooperation, we may share the information we gather with our partners and affiliates in order to provide you with our services. This is fully disclosedFew readersHow many times can I reset my account?
The reset costs depend on according to the selected plan, and your account will be reset to its starting balance regardless of your account balance at the time of the breach. Reset Price: Starter = £97 Standard = £197 Professional = £397 After you processed the fees, the account will be reset within the next few hours.Few readersWhat is the legal relationship between the trader and FundYourFX?
When you are accepted as a trader with FundYourFX, we will email you a contract agreement to sign. That contract agreement determines the relationship between a trader and FundYourFX. The account agreement with us is a legally binding document.Few readersAre the traders in FundYourFX contractors or employees?
The trader shall be an independent self-employed contractor trading as a separate legal entity in his own right, and not the servant, employee, partner, representative, or agent of FundYourFX, and he has no power or authority to enter into any contract on behalf of FundYourFX or the trading company.Few readersIs FundYourFX a regulated company?
We are not a financial institute and do not provide any financial services. A license isn’t a legal requirement to operate a proprietary trading firm. Only prop firm involved in brokerage requires a license. Because of our business model and the fact that we are not a broker, we do not come under the regulatory framework. We trade using our fund’s capital, with the support of our professional funded traders. Prop trading is only regulated at large financial institutions that act as commercialFew readersHow long does it take for capital increase after hitting 10% profit?
Approximately it would most likely take 1-2 days to scale up. Do let us know should your account not grow as expected.Few readersDoes FundYourFX support account compounding?
Account compounding is optional. You can opt not to withdraw your 50% share allowing your account to expand significantly.Few readers