Overview Funding Program is built to reward traders for their passion while assessing their ability as they learn to trade with a demo account with account sizes that range from $5k to $100k. Payouts are paid weekly or monthly, and remember that all the accounts provided by OFP have the same trading rules.
Your equity and balance must not be less or equal than your daily maximum balance minus the account margin. The account margin is 5% of your initial deposit balance. Each day is considered to be starting from midnight GMT +0.
The equity and balance of the trading account must not, at any moment during the account duration, decline below 90% of the initial account balance during the first month. For the subsequent month the overall maximum drawdown should not be greater than 10% of the initial account balance from the previous payout balance.
The minimum number of trading days is 3 every 7 days. If a trade is held over multiple days, only the day when the trade was executed is considered to be the trading day. Your first day in the program will be considered the date when you receive the account logins.
You are allowed to use any genuine strategy you want, as well as swing trading and trading during the news.
Please keep in mind that all trading positions can not be held for less than 2 minutes. Each trader is allowed to make one mistake a month on this policy, multiple violations will result in the account suspension. We consider significant differences in the lot sizes as gambling, and we will not consider them in the payout count. Remember that OFP promotes genuine trading behaviour. All the positions must be closed to receive a payout, otherwise the payout will be deferred, and note that OFP does not allow any Experts/EA’s and using them will result in account termination. Please click here and have a look at section 5.4 regarding trading styles not permitted within our program.
At the end of each month, the traders that respected all the rules will receive a payout of 40% or 26% of the total profits generated during that trading month.
NO CHALLENGES, VERIFICATIONS or PROFIT TARGETS are required.
26% Example:
Starting Balance €100,000.
Ending Balance €120,000.
Payouts = 26% of €20,000 = €5,200.
40% Example:
Starting Balance €100,000.
Ending Balance €120,000.
Payouts = 40% of €20,000 = €8,000.
The trader on a 4 week cycle is able to scale its payout to a maximum of 40% per week. This program is an OFP innovation. All the accounts provided to the traders are lifelong.
NO CHALLENGES, VERIFICATIONS or PROFIT TARGETS are required.
Example 1
Starting Balance €100,000
Week 1 Ending Balance €105,000. Possible Payout 10% of €5,000 = €500
Week 2 Ending Balance €115,000€. Possible Payout 20% of €10,000 + €500 = €2,500
Week 3 Ending Balance €120,000. Possible Payout 30% of €5,000 + €2,500 = €4,000
Week 4 Ending Balance €130,000. Possible Payout 40% of €10,000 + €4,000 = €8,000
Example 2
Starting Balance €100,000
Week 1 Ending Balance €105,000. Possible Payout 10% of €5,000 = €500
Week 2 Ending Balance €115,000. Possible Payout 20% of €10,000 + €500 = €2,500
Week 3 Ending Balance €110,000. Negative week. Possible Payout = €2,500 – €1,500 = €1,000
Week 4 Ending Balance €115,500. Possible Payout 40% of €5,500 + €1,000 = €3,200
OFP is not a subscription program. It means that the trader, having purchased the account, will be able to use it for as long as they wish, or until a violation has occurred. Each account has a LIFELONG duration. Enjoy your OFP account for the rest of your life.
40% Monthly Account
26% Monthly Account
40% Supercharged Account
OFP Fidelity Program
OFP Affiliate Program
Glossary
MetaTrader 4
MetaTrader 5
OFP Charity