OFP is the world leading instant funding prop firm, giving any trader the chance to be funded up to £5M risk-free. OFP is enrolling dozens of thousands of traders each month, creating new opportunities in the Trading Sector. OFP is recognized as one of the most transparent companies in the forex industry providing a high-quality service to all of their clients.
Yes, it is registered in London, and is fully compliant with all UK law. The registered address is 71-75 Shelton Street, London.
OFP provides daily and monthly testimonials and statistics about their traders. Interviews and reviews are posted daily on the official channels. All OFP traders have the possibility to chat in the “Discord” channel sharing their daily experience with everyone. Furthermore, OFP is also a branch OverviewFX Ltd, a U.K. company registered in London and fully compliant with all UK law.
Set up in early 2021, we aim to take a different, more trader focused approach. We are certainly serious and aim to change the prop firm trading sector.
OFP is more trader focused. We don’t force you to jump through verification challenge hoops; we allow trading during the news; have 80% profit split; and we smash the industry average pay-out rate (2%) with our own 34%.
We not only run a discord chat where you can talk with other clients, but OFP is running a program of interviews with successful clients in order to try and better portray the OFP trading experience. You can also see our reviews on trust-pilot.
The trader can be funded up to 200k in OFP accounts.
With the scaling plan you can manage a maximum of £5M per trader.
Yes, Overview Funding Program is part of OverviewFX Ltd, a limited company based in London, and is subjected to UK law.
It gives the trader more control. You are allowed to trade more as you wish, whilst we protect ourselves as loosely as possible. You are eligible for payouts with real money from the very first day, made possible with our lack of verification challenges.
Yes, go to THIS LINK to find out more.
No, OFP is more than happy to have clients from all around the world.
Anyone can purchase an OFP account and become an OFP trader instantly after they receive their account credentials.
Yes, OFP today counts dozens of thousands of beginners and professional traders. OFP gives anyone the possibility to use the service.
We believe that a lack of capital should not be a barrier to entry into the Forex markets. Too often only the wealthiest can become wealthier through them. We believe that everyone should have the opportunity to become independent and wealthy, regardless of their starting position.
Once you make the purchase, you will receive the credentials instantly through your e-mail. Once you’ve received the credentials, you can start trading immediately.
OFP offers demo accounts so you will not have the problem to risk real money. However, if the trader is profitable OFP have an in-house trading team that trades and they reserve the right to mirror consistent traders, trading on an OFP account that fits the criteria of the Master Trading Account.
Yes, every trader that reaches a payout will also receive a “certificate of payout”.
The trader can be funded up to 200k in OFP accounts.
With the scaling plan, you can manage a maximum of £5M per trader.
The maximum allocation capital, achievable with the scaling plan, is £5M per trader.
We offer 5 different account types:
At this current moment no, however if you have two or more accounts you may copy trade between them. Please refer to “Can I do copy trading” FAQ.
Currently we have MT4, MT5 and Web terminal available.
All our accounts are lifelong.
The leverage on all account types is 1:100.
No, as an OFP client, you are not eligible for losses. As part of the terms, if you breach the 5% daily and 10% total drawdown rules, your account is automatically terminated. This is as much to protect us as it is to protect you.
The trader can be funded up to 200k in OFP accounts.
So, the number of accounts must be such that this limit is not exceeded.
We are based in the U.K. and we use UTC as a time zone. This means that our analysis can be shifted to another time zone with respect to what you see on your trading platform.
No, if the trader breaches a rule the account is suspended and cannot be recovered.
Accounts are averagely sent in 1 hour; however, the account credentials might be sent in a maximum of 24 hours.
You can have as many accounts as you want, but the trader can be funded up to 200k in OFP accounts.
We use ICMarkets broker. It is considered the forex world leader broker.
Yes. ICMarkets is regulated by: CySEC, ASIC, FSA.
OFP, trading with ICMarkets as a broker, has the best spreads, swaps and commissions currently available on the market.
YES, we do. With the scaling plan, the maximum allocation capital per trader is £5M. Go to THIS LINK to find out more.
No, OFP doesn’t ask for any profit target in order to withdraw your profits.
OFP accepts credit/debit cards, bank wire, and crypto.
We pay through bank wire and crypto (LTC).
We have an in-house trading team that trades, and they reserve the right to mirror consistent traders, trading on an OFP account that fits the criteria of the Master Trading Account.
Unfortunately, not, the person who purchased the account needs to trade on the account.
The accounts are not on subscription. Both the monthly and the supercharged accounts are lifelong.
If the trader is in profit, they have the possibility to withdraw the profits:
After that the client communicates the withdrawal method they desire, OFP take an average of 7h to deliver the payout depending on the withdrawal method, being the fastest in the forex industry.
Yes, you can pay with cryptocurrency in the checkout phase of the purchase. You can also reply to the pay-out email with your wallet address, and we will pay you in LTC. Bear in mind that any fee linked to the chosen network will be deducted from your pay-out. The minimum crypto withdrawal is $25.
OFP is not responsible for client’s taxation. Each OFP trader needs to speak with their personal accountant to avoid government sanctions.
The client is entitled to a full refund minus any transaction fees in the eventuality that the client did not perform any trading operation on the new account and no more than 4 days have been passed from the purchase.
There are some rules that you need to follow in order to show us you are a consistent trader. They are there for your and our protection. Go to THIS LINK to find out more.
No, you cannot use an Expert Advisor when trading. Using one will result in account suspension.
Yes, we allow copying trading only between OFP accounts. You are not allowed to copy trades from your personal and/or other prop accounts to an OFP account. If you copy from any third-party account, your account will be suspended immediately! Please contact our support team and provide them with the following details and wait for approval before you begin copy trading across your accounts: 1. Your account numbers, also let us know which is the master account. 2. Which of the two software you will use FX Blue or Trader Social Tools.
We welcome all trading styles that can be replicated in Live market conditions. Trading styles that are deemed as “cheating” on demo accounts are not permitted. Below is a list of styles prohibited within our program: gap trading, latency arbitrage, long-short arbitrage, reverse arbitrage, reverse/opposite account trading, hedging, tick scalping/trading, martingale trading, grid trading and news straddling methods. Although this list does not include all tactics that can violate our trading policies, these are the most frequent ones we have observed traders trying to take advantage of demo accounts. If any account is seen to be using unfair strategies or an unrealistic trading style their account will be suspended.
Yes, trading during news is permitted, however news straddling methods are prohibited as this is not replicable in live market conditions.
Yes you may stack or have re-entries when your strategy permits.
Yes, you can hold trades during the weekend.
No, you can keep your positions overnight.
Yes, they are both allowed.
Yes, you can hold your trades during the weekend.
YES, it is. As long as you stick within the rules, you will have the account forever. You will get your payouts every 4 weeks, and the account will keep growing.
YES, as long as you stick within the rules.
YES, you can.
If you are not profitable, this is OK. As long as you don’t break the 5% daily and 10% total drawdown rule, you will keep the account, even if you are making a loss.
No, you need to wait our confirmation email to withdrawal your profits.
It depends on the rules. If you break some of the core rules, i.e. drawdowns, then the account will be suspended.
However, this does change with the scaling plan, which can see your “initial” account balance increase to £5m.
You can choose between MT4, MT5 or the web terminal available via Icmarkets website. It all depends on your preference.
Yes, you can use both MT4 or MT5.
No, if you change your password your account will be immediately disabled.
No, the account password is personal and cannot be shared with anyone. If we notice multiple people trading the account, the account will be immediately disabled.
Yes, you can trade from any device that support MT4 or MT5.
