Are you interested in the Evaluation Program offered by
Forex Capital Funds? This newly introduced firm in the proprietary trading sector is quickly gaining attention.
Forex Capital Funds, a fresh face in the Prop Industry, is on a mission to expand its reach by offering traders around the globe the chance to manage funds up to $600,000. To access this opportunity, traders must successfully navigate through a Two-Step Evaluation Program, paving their way to trade with a funded account and earn profit shares. Let’s delve into the specifics of this program.
An Insight into the Two-Step Evaluation Program
Forex Capital Funds presents an enticing opportunity for traders through its evaluation program. Here’s what you need to know:
- In the first phase, participants are tasked with hitting an 8% profit target within a span of 35 calendar days. It’s crucial that they stay within the boundaries of a 5% maximum daily loss and a 12% overall loss limit. Additionally, a minimum of five trading days is required to advance to the next phase.
- The second phase challenges traders to achieve a 5% profit target within 60 calendar days while adhering to the same loss limitations set in the first phase. A minimum of five trading days is also necessary in this stage to move forward to receiving a funded account.
- Upon successful completion of both phases, traders are awarded a funded account. In this stage, there are no set profit targets, but the 5% maximum daily loss and 12% maximum loss limits still apply.
Traders can look forward to their
first payout 30 calendar days after executing their initial position on the funded account, with subsequent payouts following on a bi-weekly schedule. Profit shares range from
80% to 90%, depending on the profits earned on the funded account.The evaluation program also features a
scaling plan. Traders are expected to achieve a profit target of at least 7% over a three-month period, with profitability in two out of those three months.