At FenzoFx, we are offering prop trading services to Forex traders worldwide with two exclusive prop trading accounts:
- $500.00 Prop Account for just $5.00.
- $1000.00 Prop Account for just $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.
$50 No Deposit Bonus
$0.0$500 Prop Account
$5.0$1000 Prop Account
$10.08 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 trading without risking personal capital.
Embrace a decentralized platform for ultimate transparency.
Advance trading proficiency and unlock unlimited opportunities.
What 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.
Limited time Offer!
Take your first step in trading with FenzoFx Prop Account and gain access to thousands of investors worldwide.
How to Apply for Free
We require applicants to demonstrate advanced knowledge in trading CFD products to ensure that only highly skilled traders join our platform. To achieve this, we offer a fee waiver to winners of our Forex Contests.
These contests serve as clear proof that participants possess a comprehensive understanding of market dynamics and the ability to accurately predict future market moves. Consequently, if you wish to avoid paying the application fee, we encourage you to take part in our Forex Analysis Contest, where your trading skills can earn you exclusive, fee-free access to our program.
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 [email protected].
- A non-refundable application fee is required: $5.0 for a $500 prop account and $10.0 for a $1,000.0 prop account. This fee supports a dedicated server and helps ensure only serious traders apply.
- The initial balance of $500 or $1,000 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 150-day period.
- Participants cannot request an account review before the 150-day period.
Prop Trading Risk and Execution Policy
- Allowed Products: Applicants may trade any product offered by FenzoFx, including Forex, Commodities, Indices, Cryptocurrencies, Agriculture, and Stocks.
- 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 (weekend trading for cryptocurrencies is optional). Failure to trade daily leads to disqualification.
- Risk Management: Maintain a maximum drawdown below 50% of the initial balance. The drawdown limit for the $500.0 account is $75.0; for the $1,000.0 account, it is $150.0. Exceeding these limits will result in disqualification.
- Trading Duration: The prop trading period lasts 150 days from the application date. Use this period to prove your trading skills.
- Profit Target: The profit target for the $500.0 prop trading account is $1,500.0, while the target for the $1,000.0 account is $3,000.0.
- Participants have 150 trading days to complete the target. They are allowed to request an additional 150 days.
- To request additional trading days, a prop trader must have earned at least 10.0% of the initial balance during each monthly period.
- Participants have 150 trading days to complete the target. They are allowed to request an additional 150 days.
- Monthly Revenue Requirement: Achieve at least 15% profit of the initial balance each month. This means a minimum profit of $75.0 for the $500.0 prop account and $150.0 for the $1000.0 prop account in every 30-day trading interval.
- Funding Award: Successful traders will be granted funds equal to their prop account type—$500.0 for the $500.0 prop trading account or $1,000.0 for the $1,000.0 prop trading account.
- Account Transition: The initial balance will be transferred to a new live account based on your prop account application ($500.0 or $1,000.0).
- Profit Withdrawal Conditions:
- Profit is shared between the trader (30%) and the investor (70%).
- Profit can be withdrawn at the end of each month.
- All trades must follow the risk rules, ensuring the maximum drawdown does not reach 15.0% of the initial balance.