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Be aware that trading of forex, stocks, futures, options and contracts for difference on indices, commodities, metals, energy assets and cryptocurrencies carries a significant level of risk of loss and is not suitable for every investor. Values of forex, stocks, futures options and contracts for difference on indices, commodities, metals, energy assets and cryptocurrencies may fluctuate wildly and lead to traders/investors losing more than their original investment. The highly leveraged nature of forex, stocks, options, futures and CFD trading means that small price moves will have a significant impact on your trading capital and can work against you, leading to large losses, or work in your favour and produce large gains.
A market move contrary to your trades can wipe out your account and cause you to sustain losses exceeding your account capital. Do not engage in trading except you have fully understood the nature of the transactions you will be entering into, and the extent of your potential losses. You are solely responsible for all the financial resources you use, the trading system you deploy and the trading decisions you make. Seek independent advice from your investment/financial advisor if you do not fully understand these risks.
OFP Funding review and ratings
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Mid
Funding Methods:
Crypto
Cards
Wire Transfer
COMPANY INFORMATION
OFP Funding commenced operations in 2022 as one of the very few instant funding prop firms in the world today. The instant funding prop firm model arose out of the philosophy of letting the trader get to work immediately without being drawn away from their core principles, values and trading strategies.
– Leverage: 1:10 (level 1) to 1:100 (level 8)
– Maximum trailing drawdown: 8%
– Allowed daily loss: None
– Profit target: 10%
– Absolute drawdown: 8%
Traders are presented with several options with regards to account sizes, profit split, timing of payouts, account currencies, etc.
AVAILABILITY
OFP Funding accepts clients from all over the world, except the USA, UK and other countries where regulatory restrictions or prohibition due to international sanctions apply.
DISTINCTIVE FEATURES
TRADING MODELS
a) Evaluation (demo)
b) Advanced (demo)
c) Professional (live)
d) Expert (live acc only)
e) Fund Manager (live acc only)
PAYOUT TYPES
a) Monthly (once a month)
b) Bi-weekly (every 2 weeks)
c) On Demand (whenever you want)
ACCOUNT SIZE
a) Evaluation (50,000 – grow to 10,000,000 in 8 stages)
b) Advanced (demo)
c) Professional (live)
d) Expert (live acc only)
e) Fund Manager (live acc only)
PROFIT SPLIT
a) 80%
b) 60%
c) 40%
d) 26%
The lower the profit split, the lower the cost of account purchase.
CONTRACT SPECIFICATIONS
Leverage: 1:30 (classic); 1:10 (supercharged)
Max Daily Drawdown: 5%
Absolute/Max Drawdown: 10%
Max Trader Value Score: 25% (the lower, the better)
TRADING INSTRUMENTS
The following underlying assets are listed for trading on OFP Funding:
35+ Currency Pairs Based on major and minor world currencies.
5 Crypto Pairs Based on Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Ripple.
14 Indice Cash CFDs Based on baskets of different blue-chip stocks and Volatility Index.
6 Indice Futures Based on baskets of different blue-chip stocks and US Dollar Index.
3 Metal Spot CFDs Based on Gold, Silver and Platinum.
1 Metal Future Based on Copper.
2 Energy Spot CFDs Based on Crude Oil (WTI, Brent).
3 Energy Futures Based on Crude Oil (WTI, Brent) and Natural Gas.
1000+ Stock CFDs Based on shares of AU, US, UK, EU and HK companies.
COMPREHENSIVE REVIEW
Verified Reviews From Traders
ilodigwe chinaza
Nigeria
ilodigwe chinaza
Nigeria
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Risk Warning:
The trading of forex and Contracts-for-Difference (CFD) assets trading imposes a high level of risks and is not suited for all traders and investors. As much as trading on foreign exchange markets and Over-the-counter (OTC) CFDs may be potentially profitable, it can also lead to significant losses. You must ensure that you have enough trading experience, knowledge and full comprehension of potential risks involved. Most derivative contracts have high leverage and low margin requirements. Hence, rapid price movements may inflict serious financial damage or even devastate your entire trading account. Never trade with money you cannot afford to lose.
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