Forex Capital Funds Review

What are Forex Capital Funds?

Forex Capital Funds is a recently established proprietary trading organization headquartered in the Netherlands and situated in Europe. The company was established in July 2023 and is currently providing funding opportunities to traders who have insufficient capital. Traders can receive funding of up to $600,000, and the profit distribution is set at a range of 80% to 90%. Additionally, the company has formed a partnership with Eightcap, which serves as its broker. Finn ter Wal and Stefan Verheul are individuals who have jointly established Forex Capital Funds.

The designated office location is situated at Fascination Boulevard 708, 2909 VA, Capelle aan den IJssel.

Forex Capital Funds Funding Programs and Challenges: Rules and Requirements 

Forex Capital Funds provides an evaluation program with specific accounts aimed at identifying and rewarding skilled traders. These accounts offer an opportunity for traders to prove their consistency and advance to funded accounts.

Evaluation Program Account Structure

• Leverage: Traders can access 1:30 leverage in evaluation program accounts.

Evaluation Phase One

• Objective: Achieve an 8% profit without exceeding the 5% maximum daily loss or 10% maximum loss.
• Time Requirements: There is no maximum trading day limit during phase one, but a minimum of five trading days is mandatory.

Evaluation Phase Two

• Objective: Attain a 5% profit without exceeding the 5% maximum daily loss or 10% maximum loss.
• Time Requirements: Similar to phase one, there’s no maximum trading day requirement during phase two, but a minimum of five trading days is necessary to progress to a funded account.

Funded Account Benefits

Completing both evaluation phases earns you a funded account with no profit targets. You must adhere to the 5% maximum daily loss and 10% maximum loss rules. Your initial payout occurs 30 days after your first funded account trade, followed by bi-weekly payouts. Your profit share ranges from 80% to 90%, depending on your funded account’s profitability.

Evaluation Program Account Scaling Plan

• Requirements: Achieve a profit target of 7% or more within three months, with at least two of the three months being profitable.
• Account Increase: You receive a 25% increase in your original account balance. For example, a $200,000 account becomes $250,000 after three months, and the cycle continues with each successive three-month period.

Evaluation program accounts cover a range of trading instruments, including forex pairs, commodities, indices, and cryptocurrencies.

Evaluation Program Account Rules

• Profit Target: Phase 1 requires an 8% profit, Phase 2 targets 5%, and funded accounts have no profit targets.
• Maximum Daily Loss: All account sizes are subject to a 5% maximum daily loss.
• Maximum Loss: A 10% maximum loss applies to all account sizes.
• Minimum Trading Days: Both evaluation phases necessitate a minimum of five trading days, while funded accounts have no such requirement.
• Third-Party EA Risk: Traders should be cautious when using third-party EAs, as the same trading strategy may already be in use, potentially affecting funded account eligibility.
• No Copy Trading Allowed: The use of copy trading services is strictly prohibited for traders in the program.

Forex Capital Funds Broker: Do They Use a Reliable Platform?

Due to Eightcap’s reputable reputation in the financial sector, Forex Capital Funds decided to partner with them as its chosen broker. The Australian Securities and Investments Commission (ASIC), a renowned regulatory body that upholds the integrity and security of financial markets, proudly regulates Eightcap, a reputable broker with headquarters in Melbourne, Australia.

Eightcap started operating in 2009, and from the beginning, it had an unambiguous mission: to provide exceptional financial services to its cherished clients. Over the years, Eightcap has remained true to this mission, establishing itself as a trusted provider of financial services to traders globally.

What distinguishes Eightcap is its extensive global presence, with a network of five offices strategically located around the world. This global reach allows them to cater to clients from various regions, facilitating access to a broad spectrum of financial markets. They hold regulatory licenses in multiple locations, offering clients a secure and compliant environment for trading in a wide range of assets, including foreign exchange (FX), indices, commodities, and shares. These regulatory licenses underscore Eightcap’s commitment to maintaining the highest standards of transparency and client protection.

When it comes to trading platforms, Eightcap offers traders the choice to utilize the renowned MetaTrader 4 (MT4) platform. MetaTrader 4 is celebrated in the trading community for its user-friendly interface and powerful analytical tools, making it an ideal platform for both novice and experienced traders. It provides access to a diverse array of trading instruments and features, enhancing the trading experience for Forex Capital Funds traders and facilitating efficient and informed decision-making.

In summary, Forex Capital Funds’ collaboration with Eightcap as its broker is based on Eightcap’s solid reputation and commitment to regulatory compliance. As an ASIC-regulated broker in Melbourne, Australia, Eightcap is dedicated to delivering outstanding financial services. With a global presence, multiple regulatory licenses, and access to the MetaTrader 4 platform, Eightcap provides clients worldwide with the opportunity to participate in the dynamic financial markets across various asset classes while ensuring a secure and user-friendly trading experience.

Forex Capital Funds Fees: How Much Do They Charge?

Trading fees and commission structures are important aspects to consider when engaging in financial trading.

Here are the trading commission fees and spread details for different asset classes as provided:

Trading Commission Fees:

• Forex: 5 USD per lot traded.
• Commodities: No trading commission (0 USD per lot).
• Indices: No trading commission (0 USD per lot).
• Crypto: No trading commission (0 USD per lot).

Spread:

To view the live spreads for your trading account, you can log in to the MetaTrader 4 platform using the following information:

• Platform: MetaTrader 4
• Server: Eightcap-Demo04
• Login Number: 2145643156
• Password: b2OeTju

For specific and up-to-date spread information, you should access your trading account on the MetaTrader 4 platform using the provided login credentials. Spreads can vary based on market conditions and the specific assets you are trading, so it’s essential to check directly from your trading account for the most accurate and current information.

Forex Capital Funds Proof of Payment:

Forex Capital Funds, a relatively new player in the trading industry, was officially incorporated in July 2023. Despite its recent establishment, the company has swiftly initiated a system for rewarding its most accomplished traders.

The payout structure at Forex Capital Funds is designed to reward traders for their trading success, and it operates on a clear timeline. Payouts are processed 30 days after your very first trade is executed on your funded trading account. This delay ensures that the company has sufficient time to assess the profitability of its trading strategy before distributing earnings.

A notable highlight of the payout system is the substantial 80% profit split that traders are entitled to. This means that, of the profits generated from your trading activities, you receive 80% as your share. This favorable profit split provides traders with a strong incentive to excel in their trading endeavors.

Payouts are efficiently handled at Forex Capital Funds, as they are processed on the same day as the designated payout date. This quick processing ensures that traders receive their earnings promptly and can decide how to manage their profits.

Moreover, the company offers traders flexibility regarding their earnings. If you choose not to withdraw your profits within 14 days of the payout, you have the option to reinvest those earnings and continue trading on your trading account. This flexibility empowers traders to make strategic decisions about how to utilize their profits, whether it’s for further trading opportunities or other financial purposes.

In a scenario where, at the time of withdrawal, your trading account shows no profits, Forex Capital Funds provides a solution. Your trading period is automatically extended, allowing you to continue your trading activities without interruption. This extension is part of the company’s commitment to supporting traders and providing opportunities for them to achieve profitability, even if it takes a bit more time.

Forex Capital Funds Customer Support:

Forex Capital Funds maintains an active presence on various social media platforms, providing traders and prospective participants with multiple avenues to engage with the company and access essential information.

You can connect with Forex Capital Funds through the following social media channels:

• Facebook: On their Facebook page, you can find updates, announcements, and valuable insights related to the company’s activities and the trading world. This platform serves as a space for community engagement and the sharing of relevant content.

• Instagram: Forex Capital Funds’ Instagram account offers a visually engaging experience, with posts and visuals that provide a snapshot of their trading ethos, company culture, and trading-related content. It’s an excellent platform to follow for those who prefer a more visual approach to information.

• Twitter: For real-time updates, market insights, and quick announcements, the company maintains an active Twitter presence. This platform allows for concise and immediate communication, making it a valuable resource for staying up-to-date with the latest developments.

FAQ Page of the Forex Capital Funds:

Additionally, Forex Capital Funds recognizes the importance of providing comprehensive information and support to individuals interested in or currently participating in their evaluation program. They have a dedicated FAQ page where you can find detailed answers to common queries. This page serves as a valuable resource for understanding the company’s structure, requirements, and trading rules. It is a useful starting point for individuals looking to learn more about the evaluation program.

For more personalized assistance or specific inquiries, Forex Capital Funds extends support through various channels. You can reach their support team through their social media accounts, as mentioned above, or directly by emailing [email protected]. This direct contact method ensures that participants have access to prompt and tailored assistance, whether they need clarification on program details, technical support, or any other concerns.

In conclusion, Forex Capital Funds leverages the power of social media to foster a vibrant online community and provide traders with valuable content and updates. Furthermore, their FAQ page and support team offer comprehensive resources and assistance to ensure that individuals have all the necessary information and support they need to participate in their evaluation program successfully. Whether you seek general information or have specific inquiries, Forex Capital Funds is committed to facilitating effective communication and support. 

What makes Forex Capital Funds unique?

Forex Capital Funds stands out among the top-tier proprietary trading firms in the industry due to its unique approach of allowing traders to maintain autonomy over their trading style. Unlike many other firms that impose stringent restrictions, Forex Capital Funds provides traders with the freedom to execute their strategies, even during key market events such as news releases. This means you can actively trade during news events, hold positions overnight, and even throughout the weekends, giving you greater flexibility in your trading activities.

What truly sets Forex Capital Funds apart is its distinctive two-phase evaluation program, a prerequisite for traders to qualify for payouts. This program is designed to assess and nurture trading talent progressively. Traders must complete both phases to become funded traders. In the first phase, traders are required to achieve a profit target of 8%, demonstrating their ability to generate consistent gains. In the second phase, the profit target is reduced to 5%, adding a layer of complexity to the evaluation process.

To ensure risk management and responsible trading, Forex Capital Funds enforces specific rules during the evaluation phases. There is a daily limit of a 5% maximum loss to safeguard against excessive drawdowns, which is a prudent approach to risk control. Traders are also expected to trade for a minimum of five days in each phase, reinforcing the firm’s commitment to nurturing traders over time.

One of the most notable aspects of Forex Capital Funds’ evaluation program is its scaling plan. This feature provides traders with an opportunity to demonstrate their trading skills and progress steadily toward funded status. Compared to other leading proprietary firms, Forex Capital Funds sets relatively low-profit targets and imposes average drawdown limitations, promoting a disciplined and responsible trading approach. These measures aim to reduce the pressure on traders while enabling them to develop their trading strategies effectively.

In summary, Forex Capital Funds is distinctive in the proprietary trading industry due to its hands-off approach to regulating traders’ trading styles. The firm empowers traders to trade during critical market events, hold positions overnight, and trade over weekends. Its two-phase evaluation program, with its varying profit targets and risk control measures, offers traders a structured pathway to becoming funded. Additionally, the scaling plan, low-profit targets, and drawdown limitations set Forex Capital Funds apart as a firm committed to the success and development of its traders.

Forex Capital Funds Reviews: What Do Their Customers Say?

Trustpilot:

On Trustpilot, Forex Capital Funds has 4.6 stars out of 5 stars, and a total of 75 customers reviewed them there. They are a verified company on Trustpilot. The company is in an excellent state on this platform.

Positive Customer Responses on Trustpilot:

#1. According to Raja Marji, it has been nearly two years since he started collaborating with proprietary trading firms, and he has discovered that Forex Capital Funds (FCF) stands out as one of the top choices due to its exceptional trading conditions and customer support. He has found the market execution to be flawless and recently secured funding earlier this week, resulting in a substantial profit percentage.

As of now, he eagerly anticipates the opportunity to recommend FCF to others, a recommendation he plans to make once he receives his payout. He intends to provide updated reviews as soon as his payout is processed. Raja Marji extends his gratitude to Forex Capital Funds.

#2. Hao Leung says that after some slight delay, he has successfully obtained his $4,000 payout from Forex Capital Funds today. He expresses unending gratitude to this company for the CEOs’ remarkable transparency and the support staff’s invaluable assistance. He gives his heartfelt thanks and unequivocally confirms his commitment to continue collaborating with them. Without hesitation, he wholeheartedly recommends this company to anyone, emphasizing its legitimacy.

#3. Franklin Agbaka shares his journey with proprietary trading firms and highlights Forex Capital Funds as an exceptional choice. He commends them for offering the finest trading conditions, top-notch support, remarkable transparency, and a high level of professionalism. He points out that FCF stands out as an innovative firm with realistic goals and challenging opportunities, all while maintaining trustworthiness, reliability, and a wide range of scaling options to cater to every trader’s requirements.

Franklin expresses his gratitude to Andrew FCF, who provided swift assistance when he encountered difficulties during the sign-up process. He encourages others to elevate their trading journey to new heights by choosing Forex Capital Funds.

#4. Abdul Rehman enthusiastically endorses one of the leading proprietary trading firms, emphasizing several key factors. Such as an immaculate and user-friendly dashboard. A helpful and supportive community. Exciting weekly game giveaways. He confidently predicts that Forex Capital Funds (FCF) will undoubtedly emerge among the top 10 in the industry within the next year.

#5. Sand expresses his appreciation for the support team, who came to his rescue when his account became locked due to inactivity after a month of not trading. While emphasizing the importance of adhering to the rules, he’s relieved that the issue was successfully resolved.

Negative Customer Responses on Trustpilot:

#1. Sandy expresses disappointment in the subpar customer service he received. He attempted to contact them regarding an issue he faced with their platform, but his problem remains unresolved despite a considerable amount of time has passed.

#2. Chandana Piyaratne makes a false accusation to evade payouts from Forex Capital Funds. He initially requested his payout and received confirmation along with a digital withdrawal certificate. However, when the money didn’t arrive, he inquired, only to be informed that his withdrawal request had been denied due to a violation of their terms and conditions. The reason provided was the use of the trading account from multiple addresses, which is common with 4G connections that assign different IP addresses to subscribers. Chandana was surprised that the FCF team seemed unaware of this fact.

The violation was categorized as “other,” and Chandana is unsure if this is due to their lack of knowledge about mobile networking or if it’s a pretext to defraud individuals. He expressed deep dissatisfaction with their attitude and practices.

#3. Chandana Piyaratne alleges fraud by FCF. After completing all challenges, instead of receiving a funded account, FCF inexplicably terminated all of his accounts, citing a confidential reason that they refused to disclose. His account number was 2145692810. He firmly labels them as scams. [Reply to FCF’s response] Please refrain from attempting to mislead. The account was terminated without any valid reason or evidence of any violations provided. It was not a transfer but an outright termination. Please ensure you have the correct details before responding.

#4. Saud Khorajiya strongly warns against scammers who, in numerous cases, deny legitimate payouts with unconvincing excuses. He urges others to steer clear of these fraudulent individuals. One such excuse they provide is claiming to have conducted a thorough investigation, alleging that the trading account was linked to the same IP address as a third party, thereby violating their trading policies. However, Saud emphasizes that these scammers fail to provide any concrete evidence to support their claims.

Wrapping it up:

In summary, Forex Capital Funds stands as a reputable and bona fide proprietary trading firm, extending traders the opportunity to select from a range of evaluation program account sizes.

The evaluation programs offered by Forex Capital Funds adhere to industry norms, comprising a two-phase evaluation challenge. Traders must successfully navigate both phases to attain funded status, allowing them to partake in profit-sharing arrangements. To attain this status, traders are expected to achieve realistic profit targets of 8% in the first phase and 5% in the second phase while abiding by stringent trading rules, including a maximum daily loss limit of 5% and a maximum cumulative loss limit of 10%.

One of the standout features of Forex Capital Funds’ evaluation programs is the generous profit splits offered, ranging from 80% to 90%, providing traders with the potential for substantial earnings. Moreover, the ability to scale accounts underscores the firm’s commitment to nurturing trading talent.

For individuals seeking a proprietary trading firm with clear and straightforward trading rules, Forex Capital Funds is a highly recommended choice. As a relatively new entrant in the proprietary trading sector, the firm extends favorable conditions that cater to a diverse range of traders with unique trading styles. All things considered, Forex Capital Funds presents an enticing option within the proprietary trading industry.