OFP has just 3 simple rules that need to be followed to get a payout:
Your equity must not exceed or match your maximum balance of the day minus the account margin.
Each day is considered to start from midnight (CET).
The Maximum Daily Loss is selected at checkout.
Failure to adhere to this rule will result in the closure of your account.
Account Max Daily Loss:
| Account Initial Balance | 5,000 | 10,000 | 25,000 | 50,000 | 100,000 | 200,000 |
| Daily Loss 5% | 250 | 500 | 1,250 | 2,500 | 5,000 | 10,000 |
| Daily Loss 4% | 200 | 400 | 1,000 | 2,000 | 4,000 | 8,000 |
| Daily Loss 3% | 150 | 300 | 750 | 1,500 | 3,000 | 6,000 |
Your equity or account balance must never drop below the maximum total drawdown limit for the selected account.
| Account Initial Balance | 5,000 | 10,000 | 25,000 | 50,000 | 100,000 | 200,000 |
| Max Loss 10% | 500 | 1,000 | 2,500 | 5,000 | 10,000 | 20,000 |
| Max Loss 8% | 400 | 800 | 2,000 | 4,000 | 8,000 | 16,000 |
| Max Loss 6% | 300 | 600 | 1,500 | 3,000 | 6,000 | 12,000 |
Failure to adhere to this rule will result in the closure of your account.
Example 1: You have a reference balance of 100K account. Your Maximum Overall Loss is a fixed 8% and your Maximum Daily Loss is 4%. Your Maximum Overall Loss is $92,000.
Example 2: You have a reference balance of 105K account. Your Maximum Overall Loss is a fixed 8% and your Maximum Daily Loss is 4%. Your Maximum Overall Loss is $97,000.
The Inconsistency Score is a measure of your consistency.
The Inconsistency Score cannot be equal to or higher than the selected account Max Inconsistency Score.
The Inconsistency Score can be calculated as the total profit of your best day divided by the total PnL of your reference period.
The value of the Max Inconsistency Score depends on the selected model.
Having a high Inconsistency Score will NOT result in the closure of the account.
Example:
The account balance at the start of your trading period (after the first deposit or after a payout) is $154,000.
After 13 days of trading, the account balance has increased to $164,132, with a PnL of $10,132.
During this period, the best trading day had a profit of $3,200. The Inconsistency Score is 3,200/10,132 = 31,6%.
If the following day, the trader closes the day with a profit of $2,000, the new Inconsistency Score is 3,200/12,132= 26,4%.
NB: trading during news is permitted. However, news straddling methods are prohibited as they are not replicable in live market conditions. For this reason, we suggest you avoid trading from 2 minutes before until 2 minutes after the release of a high-risk volatility news.
Martingale+hedging (0/3): Martingale involves initiating a larger position in either direction to the original one after experiencing a loss or while the initial position remains open. Hedging, which involves opening opposing positions on the same asset, undermines fair trading and disrupts the integrity of our platform.
Failure to adhere to this rule 3 times will result in the closure of your account.
Arbitrage: Arbitrage is the practice of exploiting price differences of an asset across different markets or platforms to generate risk-free profit by buying low and selling high simultaneously.
Failure to adhere to this rule will result in the closure of your account.
High Frequency trading: HFT aims to profit from small price movements in the market by placing trades at extremely high speeds.
Failure to adhere to this rule will result in the closure of your account.
Gambling: This involves excessive use of leverage and risking a large portion of your account on a limited number of trades. For example, using over x3.5 your most used lot size on a certain pair.
Failure to adhere to this rule will result in denial of payout for the month. If a denial happens, the trader will still be able to trade in order to gain profit during the following month.
Copy Trading: This involves mirroring trades from any of our accounts to another.
Failure to adhere to this rule will result in the closure of your account.
News Straddling: News straddling is a strategy where traders open long and/or short positions on an asset just before a major economic news announcement. It is considered prohibited by trading platforms because it can distort real market conditions. To avoid this, it is prohibited to open trades within a specific 4-minute window, starting two minutes before and ending two minutes after a major news event (see list of events in the dashboard). Additionally, this rule does not prevent you from entering a trade before the 4-minute window, holding it throughout, and closing the trade after this window.
Failure to adhere to this rule will result in denial of payout for the month. If a denial happens, the trader will still be able to trade in order to gain profit during the following month.
Cross Hedging: Hedging across multiple accounts, even those belonging to the same trader, is strictly prohibited.
Failure to adhere to this rule will result in the closure of your account.
Usage of Public Third-Party Expert Advisors (EAs).
Failure to adhere to this rule will result in the closure of your account.
Exploiting Inefficiencies of Trading Platforms and Other Practices: This involves exploiting data feeds, including latency arbitrage, reverse arbitrage, gap trading, toxic order flow, account management, tick scalping, and server execution.
Failure to adhere to this rule will result in the closure of your account.
Read more at HELP
You are allowed to use any genuine strategy you want, as well as swing trading and trading during the news. Remember that OFP promotes genuine trading behavior, so every trade that is replicable in live market conditions is well accepted. (Please have a look at section 5 of the T&C regarding not permitted trading strategies).
NB: OFP does not allow any Experts/EA’s, and using them will result in account termination. Please remember that all the positions must be closed to receive a payout; otherwise, the payout will be deferred.
The Inconsistency Score is a metric used to measure a trader’s consistency and discipline. It is crucial because maintaining a good Inconsistency Score is necessary to qualify for payouts and continue trading on the platform.
If you violate a trading rule, your account may receive a warning, incur penalties, or in severe cases, be suspended. It's important to understand all rules to avoid these consequences.
No, OFP Funding does not have limits on lot size use.
Yes, you can hold trades overnight or over the weekend. However, you should be aware of the risks associated with market gaps and increased volatility during these periods.
While there is no strict minimum or maximum trade duration, trades should be executed in a manner consistent with responsible trading practices.
The Inconsistency Score is calculated in this way: The Inconsistency Score can be calculated as the total profit of your best day divided by the total PnL of your reference period. It reflects how consistently you are trading according to the rules set by OFP Funding.
OFP FUNDING Is A Trademark Brand Name Owned By FINTEKNOLOGY LTD. UK
(Company Number: 15131112)
FINTEKNOLOGY LTD London, The UK – Copyright © 2024
OFP FUNDING Is A Trademark Brand Name Owned By FINTEKNOLOGY LTD. UK (Company Number: 15131112). The Services Provided On This Website Are Professional Skill-Assessment Services. The Outcome Of The Proposed Services Is Necessarily Determined By The Individual’s Professional Skill Level And Ability To Perform Under The Program Guidelines And Objectives As Elaborated For Each Service Separately. Clients Are Advised To Conclude A Thorough Study Of The Requirements Of The Program Before Signing Up For Any Of The Services. Hypothetical Performance Disclosure: All Accounts Used For The Services Are Simulated Accounts. Hypothetical Performance Results Have Many Inherent Limitations, Some Of Which Are Described Below. No Representation Is Being Made That Any Account Will Or Is Likely To Achieve Profits Or Losses Similar To Those Shown; In Fact, There Are Frequently Sharp Differences Between Hypothetical Performance Results And The Actual Results Subsequently Achieved By Any Particular Trading Program. One Of The Limitations Of Hypothetical Performance Results Is That They Are Generally Prepared With The Benefit Of Hindsight. In Addition, Hypothetical Trading Does Not Involve Financial Risk, And No Hypothetical Trading Record Can Completely Account For The Impact Of Financial Risk Of Actual Trading. For Example, The Ability To Withstand Losses Or To Adhere To A Particular Trading Program In Spite Of Trading Losses Are Material Points Which Can Also Adversely Affect Actual Trading Results. There Are Numerous Other Factors Related To The Markets In General Or To The Implementation Of Any Specific Trading Program Which Cannot Be Fully Accounted For In The Preparation Of Hypothetical Performance Results And All Which Can Adversely Affect Trading Results.
Finteknology and OFP Funding are not a broker and do not accept deposits.
Paynetics provides payment processing services to prop trading Finteknology solely for facilitating transactions during their evaluation period. This service is provided on a limited basis and does not constitute an ongoing commitment by Paynetics to process payments for any further stages.
CLAIM BEST 80% ACCOUNT MODEL: NO CHALLENGE, JUST INSTANT FUNDING