Dive into the world of Forex Capital Funds, a prop trading firm that’s redefining the industry with its trader-friendly policies, realistic profit targets, and efficient payout systems. Learn how they differ from other firms and why they could be your best choice for forex trading success.

Exploring Forex Capital Funds: Redefining Trader Funding

Forex Capital Funds stands out in the realm of proprietary trading by offering swift and cost-effective access to worldwide markets. This ambition goes far beyond just presenting competitive rates. The organization is dedicated to transforming the way prop traders view their potential and achievements in a comprehensive trader funding program, setting new standards for the industry.

Who are Forex Capital Funds?

Forex Capital Funds, a relatively recent entrant in the prop trading industry, is based in the Netherlands, Europe. Established in July 2023, this firm is catering to undercapitalized traders by providing funding up to $600,000, along with an attractive profit split ranging from 80% to 90%. The company has strategically partnered with ThinkMarkets as their broker to enhance trading experiences. Their official office is located at Fascinatio Boulevard 708, 2909 VA Capelle aan den IJssel, further establishing their presence in the European trading market.

Leadership at Forex Capital Funds

Finn ter Wal and Stefan Verheul stand at the helm of Forex Capital Funds as co-founders. Finn, a 24-year-old Dutch trader, brings a wealth of experience from the trading world, supplemented by his past success in e-commerce. He is passionate about building a strong community of traders and guiding them to new levels of success. His trading strategy, refined over two years and shaped by interactions with leading trading firms, focuses on market liquidity. Finn also has a keen interest in the fitness industry, where he channels his creativity into new ventures and innovative ideas.

Stefan Verheul, 29, is a Dutch software trader with a background in engineering and real estate, known for his meticulous attention to detail and analytical skills. His trading journey, spanning over two years, involves working with various software tools and collaborating with multiple prop trading firms. Stefan’s interests extend beyond trading; he is committed to fostering a sense of joy and companionship in the trading community. In his leisure time, he indulges in fitness and competitive swimming, further highlighting his diverse interests and dynamic personality.

Forex Capital Funds Evaluation Program Overview

Forex Capital Funds offers a unique opportunity for traders through its evaluation program. This program is meticulously designed to identify and reward consistent, talented traders across a two-phase evaluation period. Traders are equipped with an account leverage of 1:30.

Account Sizes and Pricing Structure

• Account Size $5,000 – Price $77
• Account Size $10,000 – Price $127
• Account Size $25,000 – Price $237
• Account Size $50,000 – Price $327
• Account Size $100,000 – Price $497
• Account Size $200,000 – Price $977

Phase One of the Evaluation

In the first phase of the evaluation, traders are tasked with achieving a profit target of 8%. They must also ensure not to exceed a maximum daily loss of 5% or a total loss limit of 10%. The program offers flexibility in terms of trading days, with no upper limit but a minimum requirement of five trading days to progress to the next phase.

Phase Two of the Evaluation

During the second phase, the objective shifts to a 5% profit target, maintaining the same loss limitations as in the first phase. Again, there are no restrictions on the maximum number of trading days, but a minimum of five trading days is mandatory to advance to a funded account.

Transition to a Funded Account

Upon successful completion of both phases, traders are granted a funded account. In this stage, there are no profit targets. The primary focus is on adhering to the 5% maximum daily loss and 10% total loss rules. The payout schedule commences 30 calendar days after the first position is placed in the funded account, followed by bi-weekly payouts thereafter. Profit splits range from 80% to 90%, depending on the profits generated in the funded account.

Forex Capital Funds’ Evaluation Program Account Scaling Plan

The Forex Capital Funds evaluation program also incorporates an exciting scaling plan. This plan is designed to further reward traders’ success over a set period.

Scaling Plan Requirements and Benefits

Under this scaling plan, traders are expected to achieve a minimum profit target of 7% within a three-month timeframe. Moreover, profitability must be maintained in at least two of these three months. Meeting these criteria entitles the trader to a substantial 25% increase in their original account balance.

Scaling Plan Examples

• Initial 3 months: For an account starting at $200,000, the balance will be scaled up to $250,000.
• Following 3 months: An increased balance of $250,000 will then be augmented to $300,000.
• Subsequent 3 months: The balance further grows from $300,000 to $350,000.
• This pattern continues, enhancing the account balance progressively after each successful period.

Trading Instruments in the Evaluation Program

Participants in the evaluation program have access to a diverse range of trading instruments. These include forex pairs, commodities, indices, and cryptocurrencies, offering a comprehensive trading experience.

Rules for Forex Capital Funds Evaluation Program Accounts

The Forex Capital Funds’ Evaluation Program comes with a set of defined rules to ensure fair and disciplined trading. Understanding these rules is crucial for traders aiming to succeed in the program.

Profit Target Requirements

The profit target is a crucial metric in the evaluation phases and for account scaling. In phase 1, traders must achieve an 8% profit target, while phase 2 requires a 5% profit target. Notably, funded accounts are not subject to any profit target constraints.

Maximum Daily Loss Limitation

A key rule for all account sizes is the maximum daily loss, set at 5%. This limit is the utmost loss a trader is allowed to incur in a single day without violating the account’s terms.

Overall Maximum Loss Restriction

In addition to daily loss limits, there is an overall maximum loss cap of 10%. This is the total loss limit that a trader can reach across the trading period before the account is considered violated.

Minimum Trading Days

Traders are required to engage in trading for a minimum number of days. Both phase 1 and phase 2 of the evaluation require a minimum of 5 trading days. However, once in a funded account, there are no minimum trading day requirements.

Third-Party Expert Advisor (EA) Risk

When using third-party EAs, traders should be aware of the potential risks. If the EA is widely used, it may lead to identical trading strategies among multiple traders, risking violation of the maximum capital allocation rule, and potentially leading to denial of a funded account or withdrawal.

No Copy Trading Policy

Forex Capital Funds strictly prohibits the use of any copy trading services. This rule ensures that trading strategies are individual and unique to each trader, aligning with the firm’s policy of promoting independent trading skills.

What Sets Forex Capital Funds Apart from Other Prop Firms

Forex Capital Funds stands out in the prop trading industry with its distinctive approach and trader-friendly policies.

Flexibility in Trading Style

One of the key differentiators of Forex Capital Funds is its non-restrictive stance on trading styles. Traders have the freedom to trade during news events, hold trades overnight, and keep positions open over weekends, offering a significant advantage over many other prop firms that impose strict regulations on these aspects.

Two-Phase Evaluation Program

Forex Capital Funds implements a unique two-phase evaluation program. Unlike other prop firms that might have different assessment criteria, Forex Capital Funds requires traders to successfully complete both phases to qualify for payouts. The program is structured with an 8% profit target in the first phase and a 5% target in the second phase, coupled with a 5% maximum daily loss and 10% maximum overall loss rule. Additionally, a minimum trading period of five days is required in each phase before traders can be considered for funding.

Account Scaling Plan

Another distinctive feature is the account scaling plan offered in their evaluation program. This aspect is particularly appealing as it provides a clear pathway for account growth, which is not commonly found in other leading prop firms.

Comparative Analysis with Industry Standards

When compared to other industry-leading prop firms, Forex Capital Funds stands out for its relatively low profit targets, average drawdown limitations, and relaxed trading rules. Furthermore, the unlimited trading periods during both evaluation phases are a significant benefit, offering traders more flexibility and less pressure to meet targets within a stringent timeframe.

Comparative Analysis: Forex Capital Funds vs. Finotive Funding

A direct comparison between Forex Capital Funds and Finotive Funding highlights key differences and similarities in their trading objectives, providing valuable insights for traders.

Phase 1 Profit Target

• Forex Capital Funds: 8%
• Finotive Funding: 7.5%

Phase 2 Profit Target

• Forex Capital Funds: 5%
• Finotive Funding: 5%

Maximum Daily Loss

• Both Forex Capital Funds and Finotive Funding: 5%

Maximum Loss

• Both Forex Capital Funds and Finotive Funding: 10%

Minimum Trading Days

• Forex Capital Funds: 5 Calendar Days
• Finotive Funding: No Minimum Trading Days

Maximum Trading Period

• Both Forex Capital Funds and Finotive Funding offer an Unlimited Trading Period for both Phase 1 and Phase 2.

Profit Split

• Forex Capital Funds: 80% up to 90%
• Finotive Funding: 75% up to 95%

This comparison sheds light on the subtle yet significant differences between the two firms, especially in aspects like profit targets and profit split percentages, which can be pivotal in a trader’s decision-making process.

Comparative Analysis: Forex Capital Funds vs. FundedNext (Stellar)

Comparing Forex Capital Funds with FundedNext (Stellar) reveals similarities and differences in their trading objectives, providing a clear perspective for traders evaluating these two prop firms.

Phase 1 Profit Target

• Both Forex Capital Funds and FundedNext (Stellar): 8%

Phase 2 Profit Target

• Both Forex Capital Funds and FundedNext (Stellar): 5%

Maximum Daily Loss

• Both Forex Capital Funds and FundedNext (Stellar): 5%

Maximum Loss

• Both Forex Capital Funds and FundedNext (Stellar): 10%

Minimum Trading Days

• Both Forex Capital Funds and FundedNext (Stellar): 5 Calendar Days

Maximum Trading Period

• Both Forex Capital Funds and FundedNext (Stellar) offer Unlimited Trading Periods for both Phase 1 and Phase 2.

Profit Split

• Both Forex Capital Funds and FundedNext (Stellar): Ranges from 80% to 90%

This comparison shows a high degree of similarity between Forex Capital Funds and FundedNext (Stellar) in terms of their trading objectives. Such a close alignment in key areas of their programs makes both firms competitive options for traders.

Comparative Analysis: Forex Capital Funds vs. E8 Funding (Extended)

A detailed comparison between Forex Capital Funds and E8 Funding (Extended) helps highlight the specific attributes of each firm, aiding traders in their decision-making process.

Phase 1 Profit Target

• Both Forex Capital Funds and E8 Funding (Extended): 8%

Phase 2 Profit Target

• Both Forex Capital Funds and E8 Funding (Extended): 5%

Maximum Daily Loss

• Both Forex Capital Funds and E8 Funding (Extended): 5%

Maximum Loss

• Forex Capital Funds: 10%
• E8 Funding (Extended): 10%, scaleable up to 14%

Minimum Trading Days

• Both Forex Capital Funds and E8 Funding (Extended): 5 Calendar Days

Maximum Trading Period

• Both Forex Capital Funds and E8 Funding (Extended) offer Unlimited Trading Periods for both Phase 1 and Phase 2.

Profit Split

• Forex Capital Funds: 80% up to 90%
• E8 Funding (Extended): 80%

In conclusion, Forex Capital Funds differentiates itself from other leading industry prop firms, including E8 Funding, by offering unrestricted trading styles. Traders at Forex Capital Funds have the liberty to trade during news events, hold positions overnight, and over weekends. Additionally, they benefit from lower profit targets, average drawdown limitations, and the freedom of unlimited trading periods during both evaluation phases.

Is Gaining Capital from Forex Capital Funds Realistic?

When evaluating the feasibility of obtaining capital from prop firms, especially for Forex trading, the realism of their trading requirements becomes a pivotal factor.

Assessing the Realism of Trading Requirements

Many prop firms offer attractive profit splits and high funding levels, which can be enticing. However, the realism of these offers must be measured against their expected trading performance. For instance, a firm promising a high profit split but requiring unrealistic monthly gains with minimal drawdowns may set traders up for challenges that are nearly impossible to overcome.

Forex Capital Funds’ Achievable Targets

Forex Capital Funds stands out for its realistic approach to trading requirements. The evaluation program accounts feature comparatively low profit targets – 8% in phase one and 5% in phase two – balanced with reasonable maximum loss rules, including a 5% maximum daily and 10% maximum overall loss. These targets are more attainable for traders, increasing the likelihood of successfully obtaining capital.

Conclusion: A Strong Option for Traders

Given these considerations, Forex Capital Funds emerges as an excellent choice for traders seeking funding. The evaluation program accounts offer realistic trading objectives and conditions, enhancing the probability of meeting the requirements for payouts and successfully being funded.

Proof of Payments by Forex Capital Funds

Since its inception in July 2023, Forex Capital Funds has been actively fulfilling its commitment to rewarding its successful traders with timely payouts.

Payout Process and Timeline

Payouts are processed 30 days following the placement of the trader’s first trade on their funded account. This approach ensures traders have ample time to establish their trading strategy and generate profits. Forex Capital Funds offers an impressive 80% profit split to its traders, which is among the highest in the industry.

Efficient and Flexible Payout System

Forex Capital Funds prides itself on its efficient payout process. Payouts are handled on the same day, demonstrating the firm’s commitment to prompt and reliable financial transactions. Additionally, traders who prefer not to withdraw their profits within 14 days have the option to continue trading, thereby potentially increasing their earnings until the next profit split. This flexibility is a significant advantage, as it allows traders to maximize their trading opportunities without the pressure of immediate withdrawals.

Extension for Non-Profit Periods

In instances where traders do not have profits at the time of withdrawal, Forex Capital Funds automatically extends the trading period. This policy is a testament to the firm’s trader-centric approach, ensuring that traders are not penalized for short-term fluctuations in their trading performance.

First Payouts of Successful Traders

The first payouts issued to successful traders are a tangible testament to the firm’s reliability and the viability of its trading program. These initial payouts serve as a benchmark for potential and current traders, offering reassurance of the firm’s commitment to rewarding success.

Broker Partnership of Forex Capital Funds: ThinkMarkets

Forex Capital Funds has established a strategic partnership with ThinkMarkets as its primary brokerage firm.

About ThinkMarkets

ThinkMarkets is a leading multi-asset online brokerage firm, boasting a strong presence with its headquarters in both London and Melbourne. This brokerage is renowned for offering swift and seamless access to a broad spectrum of markets, catering to the diverse needs of traders worldwide.

Trading Solutions Offered by ThinkMarkets

ThinkMarkets is distinguished for its provision of some of the most acclaimed trading solutions in the industry. This includes the widely-used MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, along with their proprietary ThinkTrader platform. These platforms are designed to offer robust functionality, user-friendly interfaces, and advanced trading features to accommodate both novice and experienced traders.

Trading Platforms Available to Forex Capital Funds Traders

While trading under the auspices of Forex Capital Funds, traders have the option to utilize either the MetaTrader 4 or MetaTrader 5 platforms. These platforms are globally recognized for their reliability, comprehensive analytical tools, and automated trading capabilities, making them ideal choices for Forex Capital Funds’ traders.

Trading Instruments Offered by Forex Capital Funds

Forex Capital Funds provides its traders with a diverse array of trading instruments, accommodating a wide range of trading strategies and preferences.

Forex Pairs

Traders have access to an extensive selection of forex pairs, allowing trading in major, minor, and exotic currencies. The leverage offered for forex trading is up to 1:30. Some of the available pairs include:

• AUD/CAD, AUD/CHF, AUD/JPY, AUD/NZD, AUD/SGD, AUD/USD
• CAD/CHF, CAD/JPY, CHF/JPY, EUR/AUD, EUR/CAD, EUR/CHF
• EUR/GBP, EUR/HUF, EUR/JPY, EUR/NOK, EUR/NZD, EUR/PLN
• EUR/TRY, EUR/USD, GBP/AUD, GBP/CAD, GBP/CHF, GBP/JPY
• GBP/NZD, GBP/USD, NZD/CAD, NZD/CHF, SGD/JPY, USD/CAD
• USD/CHF, USD/DKK, USD/HKD, USD/HUF, USD/JPY, USD/MXN
• USD/NOK, USD/PLN, USD/SEK, USD/SGD, USD/TRY, USD/ZAR

Commodities

Commodities trading is another option available, with popular choices including:

• UKO/USD, USO/USD (Oil)
• XAG/USD (Silver), XAU/USD (Gold)

Indices

Traders can also engage in trading various global indices, which include:

• ASX200, HK50, US30, FRA40, GER30
• UK100, EUSTX50, NDX100, JPN225, SPX500, US2000

Cryptocurrencies

For those interested in the dynamic world of digital currencies, Forex Capital Funds offers trading in major cryptocurrencies:

• BTC/USD (Bitcoin)
• ETH/USD (Ethereum)
• BCH/USD (Bitcoin Cash)
• LTC/USD (Litecoin)

This comprehensive selection of trading instruments ensures that Forex Capital Funds caters to a broad spectrum of trading interests and strategies, from traditional forex trading to more modern cryptocurrency markets.

Trading Fees at Forex Capital Funds

Understanding the trading fees is crucial for traders working with Forex Capital Funds. The firm maintains a clear and transparent fee structure across different asset classes.

Trading Commission

The commissions for trading various assets are as follows:

• FOREX: $7 USD per lot
• COMMODITIES: $7 USD per lot
• INDICES: $0 USD per lot
• CRYPTO: $0 USD per lot

Spread Account

For information regarding live spreads, Forex Capital Funds encourages traders to log in to the trading account. The details for demo accounts on both MetaTrader 4 and MetaTrader 5 platforms are provided below:

• Platform: MetaTrader 4
• Server: Thinkmarkets-Demo 3
• Login Number: 82560030
• Password: [Password]
• Download MetaTrader 4

• Platform: MetaTrader 5
• Server: Thinkmarkets-Demo
• Login Number: 11170044
• Password: [Password]
• Download MetaTrader 5

This detailed fee structure enables traders to plan their trading strategy with a clear understanding of the costs involved, ensuring more efficient and effective trading activities.

Education and Support for Traders at Forex Capital Funds

While Forex Capital Funds does not offer traditional educational programs, it provides robust support systems to aid traders in their journey.

Lack of Educational Programs

Forex Capital Funds, unlike some other trading platforms, does not have additional educational materials or programs. This means traders are expected to have a certain level of pre-existing knowledge or seek education externally.

Trading Dashboard for Enhanced Risk Management

What Forex Capital Funds excels in is offering a comprehensive and well-structured trading dashboard. This tool is invaluable for traders, as it allows them to track their progress effectively. The dashboard facilitates efficient risk management and provides a clear view of all trading objectives and vital statistics. Such features are essential in helping traders make informed decisions and manage their trades more effectively. The focus on practical trading support, rather than educational content, positions Forex Capital Funds as a platform suited for traders who already have a foundational understanding of forex trading and are looking for advanced tools to enhance their trading experience.

Traders’ Comments and Feedback on Forex Capital Funds

The reputation of Forex Capital Funds among its user base is a critical aspect to consider for potential traders evaluating the platform.

User Reviews and Ratings

Forex Capital Funds has garnered positive feedback from its users. On Trustpilot, a widely recognized review platform, Forex Capital Funds boasts an impressive rating of 4.1 out of 5, based on 150 reviews. This high rating is indicative of the satisfaction and trust that traders have in the services and offerings of Forex Capital Funds.

Considerations for New Users

It’s important for potential users to note that Forex Capital Funds is relatively new in the prop trading industry, having only started its funding program in July 2023. This recent inception means that the volume of feedback available is still growing. As the firm continues to operate and expand its user base, it’s expected that more reviews and user experiences will be shared, providing a more comprehensive picture of the firm’s performance and reliability.

Importance of Ongoing Feedback

The current lack of extensive feedback should be considered in the context of the firm’s recent establishment. However, the positive rating it has achieved in a short period is promising and suggests a strong start in the industry. As Forex Capital Funds continues to mature, more trader reviews and experiences will emerge, offering valuable insights for future traders. For anyone considering joining Forex Capital Funds, keeping an eye on ongoing user feedback and reviews will be an essential part of evaluating the firm’s suitability for their trading needs and goals.

Social Media Presence and Support Services of Forex Capital Funds

Forex Capital Funds extends its reach and engagement through various social media platforms and offers robust support services for its clients.

Social Media Platforms

Forex Capital Funds maintains an active presence on several key social media channels, which include:

• Facebook: A platform for updates, community engagement, and trader support.
• Instagram: Featuring insights, success stories, and motivational content for traders.
• Twitter: Providing real-time updates, news, and quick tips for Forex traders.

Support Services

Forex Capital Funds prioritizes trader support and information accessibility through the following channels:

• FAQ Page: Their website hosts a comprehensive FAQ page, where information about the company and detailed explanations of the rules for their evaluation program can be found. This resource is invaluable for both prospective and current traders.
• Social Media Support: The support team is actively engaged on their social media platforms, offering an additional avenue for assistance and interaction with traders.
• Email Support: For direct inquiries, traders can contact the support team via email at support@forexcapitalfunds.com. This provides a more formal and direct channel for resolving specific issues or questions.

Forex Capital Funds’ integration of social media and dedicated support services exemplify their commitment to accessible, comprehensive trader support and engagement in the digital age.

Final Assessment of Forex Capital Funds

In summary, Forex Capital Funds has established itself as a credible and reliable proprietary trading firm in the forex market. Their distinct approach to trader evaluation and account management makes them a noteworthy choice for traders.

Key Highlights of Forex Capital Funds

Forex Capital Funds’ evaluation programs align with industry standards, comprising a two-phase challenge. These phases are designed to assess a trader’s skill and consistency before providing access to funded accounts. The profit targets set at 8% for phase one and 5% for phase two are realistic and attainable, given the 5% maximum daily and 10% maximum loss rules.

Profit Splits and Account Scaling

The firm offers attractive profit splits, ranging from 80% to 90%, which stand out as one of the highest in the industry. Additionally, the scaling plan provides an excellent opportunity for traders to grow their accounts progressively, further enhancing the appeal of Forex Capital Funds.

Recommendation

Forex Capital Funds is highly recommended for traders seeking a prop firm with clear and straightforward trading rules. Their approach caters to a wide range of trading styles, making them suitable for a diverse group of traders. As a relatively new player in the prop trading industry, they have already shown strong potential and offer excellent conditions for their traders. Overall, Forex Capital Funds presents itself as an attractive and viable option within the competitive landscape of proprietary trading firms. Their commitment to providing realistic trading objectives and supportive trading environments makes them a firm worth considering for anyone looking to venture into the realm of proprietary trading.