At FenzoFx, we are offering prop trading services to Forex traders worldwide with two exclusive prop trading accounts:
- $50.00 Prop Account for only$1.00.
- $5,000.00 Prop Account for only $5.00.
- $10,000.00 Prop Account for only $10.00.
This low-cost entry creates a unique opportunity for traders from every corner of the globe who may not have enough capital to start their trading careers. Utilize this exclusive opportunity to prove your trading skills, gain access to robust funding, and attract investors from FenzoFx and beyond.
| Payouts | |
|---|---|
| February | $8,036.00 |
| March | $21,920.00 |
| April | $6,860.00 |
| May | $44,670.00 |
| June | $79,384.00 |
| July | $163,000.00 |
| August | $83,650.00 |
| September | $160,950.00 |
| October | 76,450.00 |
| Total | $644,920.00 |
$50 No Deposit Bonus
$1.0$5,000 Prop Account
$5.0$10,000 Prop Account
$10.0What is Prop Trading?
Proprietary trading, commonly referred to as prop trading, primarily involves investors with capital and trading companies providing sufficient balance to skilled traders. The primary advantage of prop trading is that skilled traders have the opportunity to manage portfolios without risking their own money.
The investors share the profits with the trader or traders, creating a win-win situation for both parties.
How to Apply for Free
To apply for free for any of the prop accounts you can participate in our forex analysis contest which is held every week. Once your name is picked as the winner, you can get one the prop accounts for free.
Risk and Trading Terms
| Terms | $5,000 Prop Account | $10,000 Prop Account |
|---|---|---|
| Application Fee | $5.00 | $10.00 |
| Products | Forex pairs (currency pairs) | Forex pairs (currency pairs) |
| Strategies | All trading strategies allowed. | All trading strategies allowed. |
| Risk | Keep drawdown low, with a daily loss limit of $100 and a total loss cap of $500.0. | Keep drawdown, with a daily loss limit of $200.0 and a total loss cap of $1,000.0. |
| Period | 60 days. | 60 days. |
| Target | $2,500.00 of profit. | $5,000.00 of profit. |
| Minimum Monthly Gain | 10.0% or $500.00 | 10.0% or $1,000.00 |
| Min/Max Lot | Not required. | Not required. |
8 Reasons To Start Using FenzoFx Prop Trading Account
Access innovative, cutting-edge trading technology worldwide.
Amplify your capital with specialized funding solutions.
Expand global network and trading community.
Enjoy inclusive risk management and tailored strategies.
Experience dynamic, scalable growth with performance incentives.
Practice live Forex trading without risking personal capital.
Embrace a decentralized platform for ultimate transparency.
Advance trading proficiency and unlock unlimited opportunities.
Key Features of Prop Trading Account
Capital Amplification
The FenzoFx prop trading services offer a significant boost in capital. This allows participants to trade with a larger balance by accessing the company’s and/or investors’ money.
This approach also allows traders to utilize complex strategies and diversify their portfolios across different types of trading assets.
Comprehensive Risk Management
The pillar of our prop trading service is to mitigate trading risks. We implement strict risk control protocols to safeguard traders’ performance and the allocated capital. FenzoFx employs advanced analytic tools and a real-time monitoring system to detect deviations from set risk parameters.
Our AI-featured system carefully evaluates every trader, ensuring that those who are handpicked possess sufficient skill to access the pool of funds.
Performance-Based Growth and Scalability
Your performance is your currency! The better you trade, the more investors you can attract, meaning more funds. This translates into tangible growth opportunities for traders who consistently manage risk and capitalize on market trends.
The scalability of prop trading is designed to empower traders to continuously build on their successes, ensuring long-term career development and financial independence.
Global Accessibility and Decentralized Community
One of the most exciting aspects of FenzoFx prop trading is its decentralized nature, which breaks geographical barriers and unites traders from around the world.
Traders benefit from a global network of talent and insights, enriching their approach to the Forex market. The decentralized platform fosters transparency, innovation, and fairness, ensuring that every trader has equal access to opportunities regardless of their location.
Prop Trading Application Policy
All FenzoFx’s Prop Trading participants must comply with the following trading rules. Any violation of these rules will result in disqualification.
Therefore, we encourage you to review this section carefully. Participants should also regularly check this webpage for any future updates or changes.
- The minimum age to participate is 20 years old.
- All participants must verify their account by sending the required documents (ID front and back, proof of address, and a selfie with the ID) to contact@fenzofx.com.
- A non-refundable application fee is required: $5.0 for the $5,000.0 prop account and $10.0 for the $10,000.0 prop account. This fee supports a dedicated server and helps ensure only serious traders apply.
- The initial balance of $5,000 or $10,000 is provided solely for participants to prove their trading skills.
- The initial balance is the property of FenzoFx and cannot be withdrawn.
- Traders who fail to manage risks will be eliminated from the program.
- Eliminated traders may try again by paying the application fee, with no limit on the number of attempts.
- The account review process begins after the 60-day period.
- Participants cannot request an account review before the 60-day period.
- Allowed Products: Applicants can trade only the major currency pairs, limited to EUR/USD, GBP/USD, AUD/USD, USD/JPY, and USD/CAD.
- Trading Strategy: You can use any strategy you prefer, such as swing trading, scalping, day trading, or a personalized approach.
- Daily Trade Requirement: Complete at least one trade per day during market open hours from Monday to Friday.
- Risk Management: Ensure the maximum drawdown does not exceed the limits specified below, based on the initial account balance.
- The maximum daily loss for the $5,000.00 account is $100.00, while the total loss should be less than $500.00. Exceeding these limits will result in disqualification.
- For the $10,000.00 account, the maximum daily loss is $200.00, and the total loss should be more than $1,000.00.
- Trading Duration: The prop trading period lasts 60 days from the application date. Use this period to prove your trading skills.
- Profit Target: The profit target for the $5,000.0 prop trading account is $2,500.0, while the target for the $10,000.0 account is $5,000.0.
- Participants have 60 trading days to complete the target. They are allowed to request an additional 30 days.
- To request additional trading days, a prop trader must have earned at least 10.0% of the initial balance during each month, total 20.0%.
- Participants must carefully manage their risk and adjust their lot size appropriately to ensure that profit targets are distributed evenly throughout the trading period.
- Effective risk management involves setting clear trading limits, maintaining balanced exposure, and making strategic decisions that prevent unnecessary losses while optimizing returns.
- Participants have 60 trading days to complete the target. They are allowed to request an additional 30 days.
- Monthly Revenue Requirement: Achieve at least 10.0% profit of the initial balance each month. This means a minimum profit of $500.0 for the $5,000.0 prop account and $1,000.0 for the $10,000.0 prop account in every 30-day trading interval.
- Funding Award: Successful traders will be granted the funds equal to their prop account type—$5,000.0 for the $5,000.0 prop trading account or $10,000.0 for the $10,000.0 prop trading account.
- Account Transition: The initial balance will be transferred to a new prop trading account based on your application ($5,000.0 or $10,000.0).
- Participants can withdraw profits only from the new account after completing the transition. Profits from the initial account are used to demonstrate trading skills and cannot be withdrawn.
- Profit Withdrawal Conditions:
- Profit is shared between the trader (70.00%) and the investor/broker (30.00%).
- Experienced traders have the option to apply for a PAMM account if they choose to do so. With the PAMM account, they will be able to attract more investors.
- Profit can be withdrawn at the end of each month.