OFPfunding was established to provide an alternative to traditional prop firms, which often rely on challenges, verifications, and profit targets, which can disrupt traders from their comfort zone. OFP’s approach seeks to eliminate these biases, allowing traders to stay true to their personal trading methods without constraints.
- Great Trustpilot Rating of 3.9/5
- Single Customizable Funding Program
- Instant Funding Program With No Profit Target Requirements
- Professional Trader Dashboard
- A Large Variety of Trading Instruments (Forex Pairs, Commodities, Indices, Cryptocurrencies, Bonds)
- USD, EUR, and GBP Account Currencies
- Leverage up to 1:100
- No Minimum & Maximum Trading Day Requirements
- Scaling Plan up to $5M
- Customizable Payouts: Monthly, Bi-weekly & On-demand
- Profit Share of 26% up to 80%
- Overnight & Weekend Holding Allowed
- Maximum Trailing Drawdown
- Consistency Rule Measures Trader Value Score
OFPfunding is a proprietary trading firm that understands the inherent challenges of trading. To address this, they have introduced a genuine instant funding program, offering participants a range of benefits to support them in their trading journey. Traders have the opportunity to earn substantial profits, with the flexibility to manage account sizes up to $200,000 and receive up to 80% profit splits. This can be accomplished through trading various financial instruments, including forex pairs, commodities, indices, cryptocurrencies, and bonds.
Funding Program Options
OFPfunding provides its traders with a single funding program option.
Instant Funding
OFP’s Instant Funding provides traders the opportunity to manage account sizes ranging from $5,000 up to $200,000. The aim is to identify talented traders who are profitable and can efficiently manage risk throughout the two-step evaluation period. Instant Funding allows you to trade with up to 1:100 leverage while also being able to choose your account funding between USD, EUR, and GBP.
| Account Size | Price |
|---|---|
| $5,000 | $18.25 up to $166.80 |
| $10,000 | $25.75 up to 249.60 |
| $25,000 | $42.75 up to $399 |
| $50,000 | $87 up to $788.40 |
| $100,000 | $171.50 up to $1,507.80 |
| $200,000 | $338 up to $2997 |
By purchasing Instant Funding, you are awarded a funded account with no minimum withdrawal requirements. You must only respect the 3%, 4%, or 5% maximum daily and 6%, 8%, or 10% maximum trailing loss rules. Your first payout can be on a monthly basis, bi-weekly basis, or on-demand when the Trader Value Score has been met, while all following withdrawals can be submitted on a monthly, bi-weekly, or on-demand basis, depending on the account type that you are trading on. Your profit split will be 26% up to 80% based on the profit you make on your funded account.
Instant Funding Scaling Plan
Instant Funding also has a scaling plan. If a trader is profitable and manages to secure a 20% profit within a three-month period, then they will become eligible for an account size increase equal to 25% of the initial account size.
Example:
After 3 Months: A qualified $100,000 account, which secured a 20% profit, will increase to $125,000.
After the Next 3 Months: A qualified $125,000 account, which secured a 20% profit, will increase to $150,000.
After the Next 3 Months: A qualified $150,000 account, which secured a 20% profit, will increase to $175,000.
And so on…
Customizable Instant Funding Trading Objectives
| Trading Objective | Objective Options |
|---|---|
| Maximum Daily & Maximum Loss Limits | 3% Max Daily & 6% Max, 4% Max Daily & 8% Max, 5% Max Daily & 10% Max |
| Profit Split | 26%, 40%, 60%, 80% |
| Type of Payout | Monthly, Bi-weekly, On-demand |
| Currency | USD, EUR, GBP |
Instant Funding Trading Rules & Objectives
- Maximum Daily Loss – The maximum loss limit a trader is allowed to lose in a single trading day without breaching the account. All account sizes have a maximum daily loss of 3-5%.
- Maximum Trailing Loss – The difference between the highest achieved account balance and the lowest point of the drawdown determines the maximum trailing loss a trader is allowed to lose without breaching the account. All account sizes have a maximum trailing loss of 6-10%.
- No News Trading – Trading is not permitted during high-impact news releases. This implies that executing new trades or closing existing trades on the specified instrument is prohibited within the 2-minute period both before and after the announcement of particular news.
- No Martingale – Traders are prohibited from employing any form of martingale strategy during their trading activities.
- Consistency Rule – Mandates traders to maintain uniformity in various aspects such as position sizes, risk management, losses, gains, and more. This implies that the account results should not exhibit significant variations in their characteristics. The Trader Value Score is a measure of a trader’s consistency, which cannot be equal to or higher than each individual’s Max Trader Value Score. It’s calculated as the total profit of your best trading day divided by the total PnL of your trading period. The Max Trader Value Score is different with each account type. It is also worth noting that a higher Trader Value Score doesn’t result in account closure. However, it is mandatory to be within the limit to be eligible to request a withdrawal.
