Frequently Asked Questions



What’s the max daily drawdown?

Max Daily Drawdown is 3% on all Funded Accounts, Regular, and Swing Challenges. The Daily Drawdown is calculated on your equity at the start of the day.

What’s the max overall drawdown?

Max Overall Drawdown is 7% on all Funded Accounts, Regular, and Swing Challenges. The Overall Drawdown is calculated on your initial account balance (i.e., if you start a 100k Regular Challenge, it will be 7k).

How frequently can I request a payout?

You can request your payouts on 3 types:

What about news and weekend holding?

You can do weekly holding, but News Trading is prohibited.

Can I use trading bots?

No, algo/automated trading is prohibited.

Are there countries I cannot trade from?

No, there is no country restriction. You can trade from any country you are in.

Are there any hidden rules or fees?

There are no hidden rules or fees.

Will I trade real money in a Funded Account?

Yes! FXTP Funded Accounts are STP Accounts funded with real capital (not virtual money). We believe that talented traders shouldn’t be kept on demo accounts and used as hedging.

Bitcoin is a digital currency that operates on a decentralized network called blockchain. It allows for peer-to-peer transactions without the need for intermediaries like banks.

Bitcoin transactions are recorded on a public ledger called the blockchain. Miners validate transactions by solving complex mathematical problems, and these transactions are then added to blocks on the blockchain.

Cryptocurrencies are digital or virtual currencies that use cryptography for security and operate on decentralized networks. Bitcoin is the first and most well-known cryptocurrency, but there are thousands of others, such as Ethereum, Litecoin, and Ripple.

You can buy Bitcoin from cryptocurrency exchanges using fiat currency or other cryptocurrencies. Popular exchanges include Coinbase, Binance, and Kraken. You'll need to create an account, verify your identity, and then you can purchase Bitcoin using various payment methods.

Bitcoin can be stored in digital wallets, which come in various forms such as software wallets, hardware wallets, and paper wallets. Each type of wallet has its own security features and levels of convenience.

A cryptocurrency exchange is a platform where you can buy, sell, and trade cryptocurrencies. These exchanges act as intermediaries that facilitate transactions between buyers and sellers.

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