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Frequently Asked Questions

  • Can I trade using EAS or ALGOS?
    Yes, you are allowed to use EA’s and indicators, including tools for managing risk and automated trading systems. However, certain strategies are strictly prohibited in the funded stage: High-frequency trading (manually or using a bot) Hedge arbitrage trading Tick scalping Grid Trading Martingale One-sided betting Latency arbitrage trading Reverse arbitrage trading Copying trades from other traders If any of these strategies are detected in your live account, it will be considered a violation of the rules and FFF will terminate your account.
  • What happens if I violate the rules?
    The main rules you need to be aware of that can get you disqualified immediately are (1) The Maximum Loss and (2) The Max Daily Loss. We have an automated system that will close all your open trades and freeze your account immediately once one of the rules above is breached.
  • How many challenges I can have?
    There is no restriction on the number of Challenge accounts you can have. Additionally, you are permitted to have up to a total of 1.2 million in combined account sizes for these live accounts.
  • What happens in the 1st phase?
    In the 1 Phase Challenge, we evaluate your performance on a Demo account. Once you achieve the profit target, you become eligible for a profit share of 60%. We do not offer refunds for any challenges.
  • How is the Maximum Loss calculated?
    The "Maximum Loss" refers to a fixed USD amount that you may experience on any given day, calculated from the initial account balance. In our platform, the Maximum Loss is set at 15% of the Initial Account Balance. The formula to calculate the Maximum Loss is as follows: Maximum Loss = 15% x Initial Account Balance. Furthermore, the stop-out level (SL) is determined by subtracting the Maximum Loss from the initial account balance. For instance, if your initial account balance is $100,000, your stop-out level would be $100,000 - ($100,000 x 15%) = $85,000. It's important to note that the Maximum Loss is intended to limit your losses to a specific fixed amount, which is a percentage of your initial account balance. In this case, your losses should not exceed 15% of your initial account balance.
  • What are the Stop Loss Rules?
    We do not require the use of a SL on any of our programs. Of course we recommend you use them as it can allow you to manage risk on virtual funds, but there is no rule requiring it.
  • What is Your Profit Share
    Once you become Fast Forex Funding, you will start with an 60% profit share. The second time it will be 70% and the third time and beyond that is 80% .
  • Prohibited Strategies Explained
    Prior to utilizing an Expert Adviser (EA) during the experienced trader stage, it is advisable for the trader to ascertain that the EA or trading style being used does not fall into any of the following categories. We suggest that traders consult with the developer of the EA they plan to use before continuing with its usage during the experienced trader stage. Below, we have provided the name and definition of the strategies to which attention must be paid if intending to use an EA on this program. Grid Trading or Grid Trading EA’s: Grid trading is when orders are designed to be placed above and below a set price, creating a grid of orders that increase or decrease incrementally along with the chart price. Having 2 trades open at a time is not considered as grid trading, however, once there are 3 or more positions in the trading session with each following order stacked as the original position moves into drawdown, this classifies more towards grid trading. The process for identifying Grid Trading most often than not follows the below-stated points: Determining the starting price for the grid. Choosing an interval, such as 10 pips, 50 pips, or 100 pips. Determining whether the grid will be with-the-trend or against the trend. Martingale Martingale is a methodology to amplify the chance of recovering from a losing streak by constantly increasing the lot size of new trades in order to circumvent any loss taken. This strategy involves doubling up losing trades and reducing winning trades by roughly half. Opening subsequent trades on an asset with a difference in ≈50% of the prior trade would result in martingale. EA’s which incrementally open higher lots while price moves against the direction of the orders adding up to a substantially higher lot size than the first would also classify as Martingale. Guaranteed limit orders Placing limit orders with SL and TP using high lot sizes around periods of high-impact news or high volume. In such a scenario, there is no guarantee that the order gets filled at the same price through live market conditions and occurrences of slippage. For example, if a trader was to place a buy stop above price, and a sell stop below price before a high impact news event such as FOMC, this would classify as a guaranteed limit order approach. This type of approach is based on entirely different outcomes each time depending on order fills, slippage, and market conditions. To keep full transparency, the reason we do not allow Martingale or Grid EA’s is due to the fact we allow a no-restriction evaluation, meaning the use of HFT allows trader to have access to experienced trader accounts at an exceedingly high passing rate. If our program was built similar other funding programs, where traders must use true trading conditions to pass and not HFT, this would be different on our end and we would allow these types of strategies. Since a trader is offered guaranteed access through HFT, this is where the difference occurs from a risk standpoint. Unfortunately, there are no exceptions to this as we do not allow these types of trading styles during the experienced trader stage. By purchasing an evaluation, the trader agrees that the above strategies will not be used while trading our program.
  • How is the Max Daily Drawdown "MDD" calculated?
    On any given day, it is important to adhere to our maximum daily drawdown rule, which states that the loss must not equal or exceed 5% of the initial account balance. The formula to calculate the maximum daily drawdown (MDD) is as follows: MDD = 5% x Initial Account Balance. Additionally, the daily stop-out level (DSL) is determined by subtracting the maximum daily drawdown from the start of day account balance. Please note that the maximum daily drawdown includes swaps, commissions, and spreads. The MDD resets every day at Midnight Broker's Time. Let's consider an example to better understand how this rule works: Suppose you start with a $50,000 challenge and an initial account balance of $50,000. On day 3, your account balance reaches $54,000. On that same day: Your maximum daily drawdown (MDD) would be $50,000 x 4% = $2,500. Your daily stop-out level (DSL) would be $54,000 - $2,500 = $51,500. Now, let's explore a few scenarios: Scenario #1: If your daily starting account balance is $54,000 and you incur a loss of $1,000 earlier in the day, you will still have room to lose the remaining $1,500 by midnight broker's time. You would be stopped out when your account balance (including any open trades) reaches $52,000. The next day, the MDD would reset and be calculated based on the new day's starting account balance. Scenario #2: Suppose your starting account balance is $54,000, and you earn a net profit of $3,000 earlier in the day. The maximum daily stop-out level remains $51,500 since it is based on the daily starting account balance. In this case, you can afford to lose $5,500, which is the $3,000 profit you made earlier plus the $2,500 maximum daily drawdown. Your account would only be terminated if you reach $51,500 due to breaching the maximum daily drawdown. Scenario #3: Consider a scenario where your starting account balance is $54,000, and you make a net profit of $3,000 earlier in the day. However, you have open trades with total floating losses of $5,500. The maximum daily stop-out level remains $51,500. In this case, you need to monitor your floating losses. You won't violate the maximum daily drawdown rule on the same day since your total loss for the day is only $2,500 ($3,000 closed net profit - $5,500 floating losses), which is below the maximum daily drawdown of $2,000. However, if you leave those positions open until the next day (after midnight broker's time), breaching the maximum daily drawdown rule would occur since you would end up with $5,500, exceeding the $2,500 maximum daily drawdown limit. It is crucial to manage risk effectively and ensure you do not surpass the maximum daily drawdown limit to avoid account termination.
  • When is the first payout?
    Payout 1: Your first payout will be 30 calendar days from the first trading day on your experienced trader account. Performance Commission: 60% Payout 2: After your first payout, you will be provided with a new “experienced trader” simulated account. You can proceed to trade and become eligible for your second payout 14 days later. Performance Commission: 70% Payout 3: Upon reaching the third payout, you will be allocated a new account once again. You will regain access to bi-weekly payouts based on your simulated performance. Performance Commission: 80% / Additionally, you will receive a refund of 50% of the challenge fee paid. Payout 4: Once the fourth payout is reached, you will now be provided with a new account once more. Once more you have access to bi-weekly payouts in exchange for your simulated performance. Performance Commission: 90% - This is valid for the payout 5 and onwards. Additionally, you will receive the remaining 50% refund of the challenge fee paid. A trader will be eligible to receive new accounts with a 90% commission amount every 14 days. If your account is in drawdown at any of the above eligibility dates, you can simply continue trading your account until you are eligible. All payouts are performance commissions while trading in a simulated market environment.
  • Can I withdraw my evaluation profits?
    The purpose of the evaluation is for us to make sure that you are a consistent trader without any capital risk. As our evaluation is set up to test your trading without risking capital, you cannot withdraw profits on this phase.
  • Is there any profit cap on Non-HFT challenges ?
    Yes it's 5% profit cap on your first payout and your second payout then it's removed .
  • What is the Profit Split?
    You can receive up to 90% profit splits. First payout 80%, second payout and beyond 90%. 100% refundable fee on first payout.
  • What are the minimum trading days?
    There is 5 minimum trading days rule on evaluation stage and 10 minimum trading days on the funded stage .
  • What is the Daily Drawdown (DD) and Maximum Drawdown (MD)
    Daily Drawdown (DD) = 5%. Maximum Drawdown (MD) = 15%. For more detailed calculation checkout the table under Evaluations tab.
  • Is there any consistency rule ?
    No , on Non-HFT challenges there is no consistency rule
  • Other rules you should consider .
    There is no SL required . News trading is allowed . Holding trades during the weekend is allowed . Reverse Arbitrage EAs High-Frequency Trading (HFT) Bots Hedge Arbitrage EAs Latency Arbitrage EAs Tick Scalping EAs Direct Copying of Trades from Other Traders We want real traders not ea traders ! Every other type of ea should be sent to the support team to verify it and then approved for use either on the the evaluation phase or funded stage.
  • Is profit allocation rule on the Non-Hft challenges?
    The only rule is that the account cannot make 35% of the profit on a single day. Current Rule.
  • Who can buy challenges on our site?
    Due to regulatory conditions, we are unable to offer services to traders residing in the following countries: Cuba, Iran, North Korea, Myanmar, Russia (or the Crimea, Donetsk, or Luhansk regions of Ukraine), Somalia, and Syria. The provision of services is not extended to individuals who appear on sanction lists, possess criminal records associated with financial crime, or terrorism, or have been previously prohibited due to breach of contract, with no allowances. Can US residents buy challenges? As of 20th February 2024, residents of the United States are unable to purchase challenges on this site. US citizens residing outside the US who possess a valid resident ID may still continue to use our services.
  • What KYC documents do I need to provide once funded?
    We ask for KYC once passing the Evaluation or challenge to verify your identity. Therefore, we will ask for one of the following: 01. Proof of Address: Internet Broadband Bill, Utility Bill, Tax Document, or Bank Statement no older than 3 months. 02. Proof of Identity: ID, Passport, or Driving Licence.
  • What happens when I pass?
    Great job! To have your account reviewed, please send an email to funding@fastforexfunding.com and include the following information: 1. Account name 2. Account number After reviewing your account, we will contact you with the next steps. Kindly allow up to 24 hours before sending any follow-up emails
  • What are the Stop Loss Rules?
    Stop loss is not required.
  • Does my account have to be in my name?
    Yes, as we are on the lookout for individual traders and often make payouts to bank account for our live traders. As such accounts must be created in your own name.
  • Do you offer any retry discounts?
    We provide discounts for returning clients on their second purchases. If you are disqualified from any of our funding programs: We offer a generous 5% discount on your next 1 Phase Challenge. You will receive the Discount Coupon Codes in your termination email, which can be used whenever you decide to sign up again. Kindly be aware that the use of two coupon codes or offers simultaneously is not permitted.
  • What happens when I signup?
    Upon signing up, you can expect to receive your login credentials within one hour. If you register over the weekend, please anticipate receiving the logins by Monday morning (Romanian Time). In case you do not locate the email containing your logins, we kindly request that you double-check your spam folder. If, even after checking your spam folder, you are unable to locate the login email, please reach out to our support team at info@fastforexfunding.com. One of our team members will promptly assist you by sending the logins as soon as possible.
  • What withdraw payments are available?
    Currently we offer crypto and bank transfer.
  • What payment methods are available?
    Our website offers convenient payment options for your ease. We primarily accept payments through credit/debit cards and Digital payments! Furthermore, we understand that you may prefer alternative payment methods such as Bank Wire or PayPal. If you wish to use one of these methods, kindly email our support team at info@fastforexfunding.com with the following details: Full Name Funding Program of interest Funding Program Account Size Amount to Pay Preferred Payment Method By providing this information, our support team will assist you further in arranging the payment through your preferred method.
  • What are the spreads & commissions on your platform?
    We have partnered with Eightcap as our broker to offer industry-leading spreads and commissions for traders. To understand the account offering that we use see here: https://www.eightcap.com/en/trading/trading-conditions/spreads/
  • What Symbols or Trading Asset can I trade?
    Forex Majors: EURUSD, GBPUSD, NZDUSD, AUDUSD, USDCHF, USDCAD, USDJPY.‎ Forex Minors : EURGBP, EURNZD, EURAUD, EURCHF, EURCAD, EURJPY, GBPNZD, GBPAUD, ‎GBPCHF, ‎GBPCAD, GBPJPY, NZDAUD, NZDCHF, NZDCAD, NZDJPY, AUDCHF, AUDCAD, AUDJPY, ‎CADCHF, CADJPY, ‎CHFJPY.‎ Commodities: Gold, Silver, Oil. Major Index Stocks: S&P500, US30, US100, DAX, UK100, F40, JP225, STOXX50, AUS200. Crypto currency: Bitcoin, Ethereum, Bitcoin Cash, ETC For full details, please email info@fastforexfunding.com
  • What platforms do you offer?
    Currently, we are only offering Platform 4 for Windows and Mac OS.
  • Where can I download your trading platform?
    Here is the link: https://www.eightcap.com/en/trading-platforms/metatrader-4/download-metatrader-4-platform/
  • Can I trade during the News?
    Yes, you can.
  • Do I pay tax on my trade earnings?
    We classify our live traders as independent contractors. As such you invoice us for your earnings and must report this yourself to your relevant tax authority.
  • How is the Profit Target calculated?
    The Profit Target is determined by multiplying the Initial Account Balance with the Profit Target percentage. The Profit Target represents the cumulative Eligible Net Profit achieved after closing all positions and pending orders. At the end of each phase, it is necessary to review the account status. To initiate the review process, please ensure that all market and pending orders are closed once the Profit Target is reached. After closing the orders, please send an email to funding@fastforexfunding.com for an account review. This account review helps evaluate your progress and eligibility for further funding.
  • Can I leave trades open over the weekend?
    Yes, you can.
  • Is there an inactivity period on any of the funding programs?
    There is a 30-day inactivity period on all our funding programs. If a funded account has no trading activity for 30 consecutive days the account will be terminated and archived. If you plan to take a break from trading for a period of more than 30 days, then please email our support to freeze your account until you're ready again to continue trading at info@fastforexfunding.com
  • Are there any profit targets on a live account?
    There are no profit targets required to be reached on the live funded account. However, the account must end in a positive balance at the end of the 30 day trading period to make a withdrawal.
  • Is copy trading allowed?
    No.
  • Payout 3 Consistency Rule
    Profit Sharing: 80% Account Profit Cap: 5% Risk Management: Daily risk of 5%, total risk of 15% Minimum trading days: 5 days The 5% Max Daily Drawdown is calculated based on your initial account balance at the daily reset time, which occurs at 00:00 PM Market Watch Time.
  • Payout 4 Consistency Rule
    Profit Sharing: 90% No Specific Rules Apply Risk Management: Daily risk of 5%, total risk of 15% The 5% Max Daily Drawdown is calculated based on your initial account balance at the daily reset time, which occurs at 00:00 PM Market Watch Time.
  • Payout 2 Consistency Rule
    Trade Range: Minimum 5 days Profit Sharing: 70% Account Profit Cap: 5% Risk Management: Daily risk of 5%, total risk of 15% The 5% Max Daily Drawdown is calculated based on your initial account balance at the daily reset time, which occurs at 00:00 PM Market Watch Time.
  • Profit allocation explained
    The only rule is that the account cannot make 35% of the profit on a single day.
  • Consistency rule explained.
    1. Lot Size Consistency Range Rule The first thing to note, it that require our traders participate in 10 minimum trading days for first withdraw, 5 minimum trading days for the next withdrawals! 1.) Lot Size Consistency Range Rule The average trade size, calculated at the time of your payout review, is used to establish a trading range. This range is determined by adding 50% to your average trade size to set the maximum value and subtracting 50% to set the minimum value. For instance, if your average trade size was 10 Lots, any trades falling within the range of 5 to 15 lots would be considered consistent with your average trade size and indicative of a normal trading day. Trades that are opened in 30 seconds intervals on the same pair are calculated as one trade and the lot size will be equivalent to their total amaount . Example : You open a trade on xausud 2lot at 10:52:30 am and you open another one xauusd 2 lot at 10:52:56 am it will be calculated as a single trade of 4 lot size ! Please note, the consistency rule applies only to the funded stage. Trades that are inconsistent with the trading range are subject to review/deduction from total profit split. The lot size consistency range calculation is determined by all closed orders on an account from the first trade into the requested withdrawal date. Your average trade is a final number which is calculated once a payout is requested. To calculate your average, divide the total lot volume traded throughout the period by the total number of closed orders. After finding your average, simply multiply by 0.50 and 1.50 to find the bottom and top of your consistency range. Please note that partial orders will be treated as separate orders for the consistency calculation, as the metric is based on closed orders. Lot Size Consistency Range Calculation: Total Lot Volume Traded/Trades Executed: Lot Size Average Lot Size Average x 0.50: Bottom of Consistency Range Lot Size Average x 1,50: Top of Consistency Range
  • What is profit cap?
    We are a prop firm that allows HFT EA on our demo phase challenge, and because of that, we have strict rules for every gambler and undisciplined trader. We want you to show us that you are consistent, and that's why all the rules become 0 after the third payout! A profit cap of 5% means that you can't withdraw more than 5% of your account size that you purchase! Example: you bought a 200k account! You followed the rules, and you made a 10k profit which is a 5% profit cap, from 10k you will get 60% on your first withdrawal which is 6k. So, if a user buys a 200k account, they can earn up to 5%, which is equal to 10k. From these 10k, they can only withdraw 60% in the first withdrawal. After the third profit split, you can withdraw as much profit as you can make without a problem!
  • Payout 1 Consistency Rule
    Trade Range: Minimum 10 days Profit Sharing: 60% Account Profit Cap: 5% Risk Management: Daily risk of 5%, total risk of 15% The 5% Max Daily Drawdown is calculated based on your initial account balance at the daily reset time, which occurs at 00:00 PM Market Watch Time.

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