ForAxis Prop Firm Details
Firm Overview
Broker:
Foraxis ltdPlatform:
MT5Payment Methods:
Credit Card
Crypto
Stripe
Master CardPayout Methods:
Crypto
Bank TransferType of Instruments:
Leverage
1-Step Core — Evaluation & Funded
Forex: 1:50
Indices & Commodities: 1:20
Crypto: 1:2
2-Step Core — Phase 1 & Phase 2
Forex: 1:100
Indices & Commodities: 1:20
Crypto: 1:2
2-Step Core — Funded
Forex: 1:50
Indices & Commodities: 1:20
Crypto: 1:2
Instant Core / Edge
Forex: 1:30
Indices & Commodities: 1:20
Crypto: 1:2
Commissions
Trading commissions per lot: Not specified.
Account Sizes
1-Step Core / 2-Step Core: From $5,000 to $200,000.
Instant Core / Instant Edge: From $5,000 to $100,000.
Max Allocation
Maximum account size for 1-Step Core / 2-Step Core: $200,000.
Maximum account size for Instant Core / Instant Edge: $100,000.
Daily & Maximum Loss
1-Step Core
Daily Loss: 4%.
Maximum Loss: 6%.
1-Step Edge
Daily Loss: 3%.
Maximum Loss: 8%.
2-Step Core
Daily Loss: 5%.
Maximum Loss: 10%.
2-Step Edge
Daily Loss: 4%.
Maximum Loss: 8%.
Instant Core
Daily Loss: 2%.
Maximum Loss: 5%.
Instant Edge
Daily Loss: 2%.
Maximum Loss: 4%.
Drawdown
1-Step Core: Balance-Based Drawdown.
1-Step Edge: End-of-Day Trailing Drawdown.
2-Step Core: Balance-Based Drawdown.
2-Step Edge: Balance-Based Drawdown.
Instant Core: Balance-Based Drawdown.
Instant Edge: End-of-Day Trailing Drawdown.
Risk Management
1-Step Core
Maximum Floating Loss: 2% during Evaluation, 1% on the Funded Account.
Minimum Trade Duration: 30 seconds.
Violating the floating loss limit or minimum trade duration is considered a Soft Breach.
2-Step Core
Maximum Floating Loss: 2% during Phase 1 and Phase 2, 1% on the Funded Account.
Minimum Trade Duration: 30 seconds.
Violating the floating loss limit or minimum trade duration is considered a Soft Breach.
Instant Core
Maximum Floating Loss: 1%.
Minimum Trade Duration: 30 seconds.
Weekend Holding: Not allowed.
Instant Edge
Maximum Floating Loss: 1%.
Minimum Trade Duration: 30 seconds.
Weekend Holding: Not allowed.
Subject to a Consistency Rule instead of minimum trading days.
Consistency Rules
2-Step Edge
Consistency Rule: 50%.
Applies during both Evaluation Phases and on the Funded Account.
Instant Edge
- Consistency Rule: 20%.
All Other Accounts
- No Consistency Rule.
Minimum Trading Days
1-Step Core
- Minimum Trading Days: 5 days.
1-Step Edge
- Minimum Trading Days: 4 days.
2-Step Core
Phase 1: 3 days.
Phase 2: 3 days.
Funded Account: 3 days.
2-Step Edge
No Minimum Trading Days.
Consistency Rule applies.
Instant Core
- Minimum Trading Days: 5 days.
Instant Edge
No Minimum Trading Days.
Consistency Rule applies.
Qualifying Trading Day
For programs with minimum trading day requirements, a qualifying day must generate at least 0.5% profit of the initial account balance.
News Trading
Allowed
Evaluation Phases Only.
Restricted
Opening trades within 5 minutes before or 5 minutes after a news release.
Opening a trade during this window is considered a Soft Breach.
Overnight & Weekends Holding
1-Step Core / 1-Step Edge
Weekend Holding: Allowed.
2-Step Core / 2-Step Edge
Weekend Holding: Allowed.
Instant Core / Instant Edge
Weekend Holding: Not Allowed.
All positions must be closed before the weekend market close.
Overnight Holding is allowed on all accounts.
Copy Trading
Allowed
Copy trading between your personal accounts.
Copy trading from an external account you own.
Using your own trade copying tools.
Restricted
Copying trading signals from another trader.
Allowing a third party to manage your account.
Coordinated group trading.
Experts
Allowed
Using your own automated trading strategies, provided they comply with the program rules.
ForAxis may request proof of ownership of the strategy or Expert Advisor (EA).
Restricted
Using a commercially available third-party Expert Advisor (EA).
VPN/VPS
Using a VPN or VPS is allowed under certain conditions.
Location and IP Address Rules
You must trade from the country associated with your verified identity.
Your IP address must remain consistent.
Frequent or unexplained IP changes may trigger an account review.
Notify support before trading from another country.
Trading accounts belonging to different individuals from the same IP address is not allowed.
Profit Share
All accounts: Up to 80% profit split for the trader.
Payout Policy
1-Step Core
Withdrawals are available after reaching the Funded Account.
Profit Split: Up to 80%.
5 profitable days, each generating at least 0.5% of the initial account balance.
1-Step Edge
Withdrawals are available after reaching the Funded Account.
Profit Split: Up to 80%.
4 profitable days, each generating at least 0.5% of the initial account balance.
2-Step Core
Withdrawals are available after passing both Evaluation Phases and reaching the Funded Account.
Profit Split: Up to 80%.
3 profitable days, each generating at least 0.5% of the initial account balance.
2-Step Edge
Withdrawals are available after passing both Evaluation Phases and reaching the Funded Account.
Profit Split: Up to 80%.
No minimum trading days.
Consistency Rule: The most profitable day must not exceed 50% of total profits.
Instant Core
Profit Split: Up to 80%.
No Profit Target.
5 profitable days, each generating at least 0.5% of the initial account balance.
Instant Edge
Profit Split: Up to 80%.
No minimum trading days.
Consistency Rule: 20%.
Profit Target: 6%, required for withdrawal eligibility.
Scale Up Plan
Initial Account: $25,000.
First Scaling: $50,000.
Second Scaling: $100,000.
Third Scaling: $150,000.
Fourth Scaling: $200,000.
Inactivity Rules
The account will be closed after 30 consecutive days of trading inactivity.
Prohibited Strategies
Exploiting price delays or discrepancies between price feeds.
Hedging with opposing positions on the same instrument, within one account or across multiple accounts.
Coordinated group trading.
Copying trading signals from another trader.
Allowing another person to manage your account.
Tick scalping to exploit execution discrepancies.
Martingale or grid strategies that increase position sizes to recover losses.
Minimum Trade Duration: At least 30 seconds.
Restricted Countries
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