.png)
.png)
Trade for FOREXer
FOREXer has revolutionized the way successful traders are discovered through our unique two-step Evaluation Process. This dynamic process includes the exciting FOREXer Challenge and Verification, carefully designed to unearth your trading talents.
Upon successfully conquering the Evaluation Process, you'll gain access to an FOREXer Account with a generous balance of up to $200,000 USD. The journey may be filled with challenges, but fear not! Our educational tools, Account Analysis, and Performance Coaches are here to accompany you on your thrilling quest towards financial independence."
Evaluation Process
We assess your trading abilities in the first two stages.
01.
FOREXer Real Challenge
The FOREXer Real Challenge is the first step in the Evaluation Process. To move on to the Verification stage, you've got to prove your trading skills and show that you can stick to the Trading Objectives with discipline.
02.
FOREXer Verification
Verification is the final step on your journey to becoming a FOREXer Trader. After successfully completing the Verification stage and having your results confirmed, you'll receive the opportunity to move to the next step and trade on a FOREXer Account. It's the last hurdle before you're in!
03.
FOREXer (Trader)
Withdraw Real Profits
As you transition into the role of a Successful Trader with your FOREXer Account, remember to trade responsibly and consistently. You can earn up to 90% of your profits. Proof your consistent profit-making abilities on your FOREXer Account, to expand your account through our Scaling Plan.
Understand Your Trading Goals
Before granting you the opportunity to trade with us, we must ensure your ability to handle risk. That's why we've established Trading Objectives. Meeting these objectives demonstrates your discipline and expertise as a trader.
Balance:
FOREXer
Real Challenge
Verification
FOREXer
Maintaining peace of mind is essential for you to concentrate entirely on your trading performance. We aim to spare our traders from undue stress, and that's why there are no time constraints during the Trading Period with FOREXer. You have the freedom to take as much time as necessary to reach your Profit Target.
To achieve this goal, you should engage in trading for a minimum of four days within the current duration cycle. On each of these days, it's essential to open at least one position. A trading day is defined as any day when at least one trade is carried out. If a trade spans multiple days, we only count the day when the trade was initiated as the trading day.
This rule can also be referred to as the "trader's daily stop-loss." As per our regulations, this stop-loss is set at 5% (or 10% in the case of the Aggressive version) of the initial account balance. In essence, this rule stipulates that at any given moment during the day (CE(S)T = Central European (Summer) Time), the cumulative result of all closed positions, when added to the current open floating profits/losses, must not exceed the predetermined daily loss limit. The calculation formula is as follows:
Current daily loss = results of closed positions on the current day + result of open positions.
For instance, in an FOREXer Challenge with an initial account balance of $200,000, the Max Daily Loss limit stands at $10,000. So, if you incur $8,000 in losses from your closed trades, your account balance should not decrease by more than $2,000 on that day. Additionally, your open floating losses should not exceed -$2,000. This limit includes commissions and swaps.
Conversely, if you make a profit of $5,000 in a day, you can tolerate losses of up to $15,000, but not beyond that threshold. It's important to note that your Maximum Daily Loss takes into account your open trades as well. For instance, if you suffer $6,000 in losses from closed trades in a day and then open a new trade with a floating loss of around -$5,700, which eventually turns positive, it will still be too late. At one point, your daily loss exceeded -$11,700 in equity, surpassing the allowed limit of $10,000.
Keep in mind that the Maximum Daily Loss resets at midnight CE(S)T. For example, if one day you earn a profit of $4,000 and simultaneously hold an open position with a floating loss of $13,000, you won't violate the maximum daily loss on that day. The current daily loss would be $9,000 ($4,000 closed profit - $13,000 open position). However, if you still hold that position with a $13,000 open loss after midnight, you would exceed the daily loss limit. This is because your previous day's profit doesn't carry over to the new day, and the open loss of $13,000 surpasses the maximum daily permitted loss of $10,000.
The Maximum Daily Loss size provides traders with ample room for trading while ensuring a well-defined daily risk for investors. Both traders and investors benefit from this rule as it prevents the account value from dropping below the specified limit. This is why the Maximum Daily Loss limit encompasses potential floating losses as well.
This rule can also be referred to as the "account equity stop-loss." Throughout the account duration, the trading account's equity must never fall below 90% of the initial account balance. In the case of an FOREXer Challenge with a $100,000 balance, this means the lowest allowable account equity would be $90,000. Once again, this includes both closed and open positions (account equity, not balance). The calculation logic is akin to that of the Maximum Daily Loss; the key difference is that it applies not just to a single day but to the entire testing period. This limit encompasses commissions and swaps.
Having 10% of the initial account balance as a buffer offers traders the opportunity to demonstrate that their account is fit for investment. It acts as a safeguard, ensuring that traders can stay in the game even if they experience some initial losses. For investors, it provides assurance that the trader's account will never dip below 90% (or 80% in the case of the Aggressive version) of its value under any circumstances.
In a FOREXer Challenge, the Profit Target is defined as 10% (or 20% in the Aggressive version) of the initial balance, while in the Verification stage, it's set at 5% (or 10% in the Aggressive version). Meeting the profit target entails a trader achieving a profit equivalent to the sum of closed positions on the designated trading account at any point during the unlimited Trading Period. It's important to note that, in order to progress to the next phase, all positions must be closed. For instance, if you're participating in an FOREXer Challenge with a $100,000 account balance, your profit target would be $10,000 during the Challenge and $5,000 in the Verification stage.
The entry fee paid by participants is converted into a bonus for their trading account upon the activation of the Challenge stage. This conversion enhances the overall value for participants by directly augmenting their trading capital. The bonus acts both as a reward for joining the program and an additional trading resource, encouraging exploration and application of trading strategies beyond the structured Challenges.
Bonus Policy:
- Tradability and Withdrawal Restrictions:The bonus is exclusively for trading purposes; direct withdrawal is not permitted. It aims to boost the trader's trading power.
- Validity Period:Valid for one calendar month or until failure in the Challenge or Verification stages, whichever comes first.
- Profit Withdrawal:Profits earned using the bonus can only be withdrawn after the bonus is removed from the account.
- Misuse and Enforcement:Misuse of the bonus (e.g., abuse, arbitrage) allows Forexer Brokerage to revoke the bonus or suspend the account for investigation. Actions post-investigation may include fund recovery or account adjustments.
- Adjustments for Misuse:In cases of misuse, Forexer will correct the account balance to reflect the removal of the bonus, ensuring fair trading practices.
FOREXer
Real Challenge
Verification
Champions
Maintaining peace of mind is essential for you to concentrate entirely on your trading performance. We aim to spare our traders from undue stress, and that's why there are no time constraints during the Trading Period with FOREXer. You have the freedom to take as much time as necessary to reach your Profit Target.
To achieve this goal, you should engage in trading for a minimum of four days within the current duration cycle. On each of these days, it's essential to open at least one position. A trading day is defined as any day when at least one trade is carried out. If a trade spans multiple days, we only count the day when the trade was initiated as the trading day.
This rule can also be referred to as the "trader's daily stop-loss." As per our regulations, this stop-loss is set at 5% (or 10% in the case of the Aggressive version) of the initial account balance. In essence, this rule stipulates that at any given moment during the day (CE(S)T = Central European (Summer) Time), the cumulative result of all closed positions, when added to the current open floating profits/losses, must not exceed the predetermined daily loss limit. The calculation formula is as follows:
Current daily loss = results of closed positions on the current day + result of open positions.
For instance, in an FOREXer Challenge with an initial account balance of $200,000, the Max Daily Loss limit stands at $10,000. So, if you incur $8,000 in losses from your closed trades, your account balance should not decrease by more than $2,000 on that day. Additionally, your open floating losses should not exceed -$2,000. This limit includes commissions and swaps.
Conversely, if you make a profit of $5,000 in a day, you can tolerate losses of up to $15,000, but not beyond that threshold. It's important to note that your Maximum Daily Loss takes into account your open trades as well. For instance, if you suffer $6,000 in losses from closed trades in a day and then open a new trade with a floating loss of around -$5,700, which eventually turns positive, it will still be too late. At one point, your daily loss exceeded -$11,700 in equity, surpassing the allowed limit of $10,000.
Keep in mind that the Maximum Daily Loss resets at midnight CE(S)T. For example, if one day you earn a profit of $4,000 and simultaneously hold an open position with a floating loss of $13,000, you won't violate the maximum daily loss on that day. The current daily loss would be $9,000 ($4,000 closed profit - $13,000 open position). However, if you still hold that position with a $13,000 open loss after midnight, you would exceed the daily loss limit. This is because your previous day's profit doesn't carry over to the new day, and the open loss of $13,000 surpasses the maximum daily permitted loss of $10,000.
The Maximum Daily Loss size provides traders with ample room for trading while ensuring a well-defined daily risk for investors. Both traders and investors benefit from this rule as it prevents the account value from dropping below the specified limit. This is why the Maximum Daily Loss limit encompasses potential floating losses as well.
This rule can also be referred to as the "account equity stop-loss." Throughout the account duration, the trading account's equity must never fall below 90% of the initial account balance. In the case of an FOREXer Challenge with a $100,000 balance, this means the lowest allowable account equity would be $90,000. Once again, this includes both closed and open positions (account equity, not balance). The calculation logic is akin to that of the Maximum Daily Loss; the key difference is that it applies not just to a single day but to the entire testing period. This limit encompasses commissions and swaps.
Having 10% of the initial account balance as a buffer offers traders the opportunity to demonstrate that their account is fit for investment. It acts as a safeguard, ensuring that traders can stay in the game even if they experience some initial losses. For investors, it provides assurance that the trader's account will never dip below 90% (or 80% in the case of the Aggressive version) of its value under any circumstances.
In a FOREXer Challenge, the Profit Target is defined as 10% (or 20% in the Aggressive version) of the initial balance, while in the Verification stage, it's set at 5% (or 10% in the Aggressive version). Meeting the profit target entails a trader achieving a profit equivalent to the sum of closed positions on the designated trading account at any point during the unlimited Trading Period. It's important to note that, in order to progress to the next phase, all positions must be closed. For instance, if you're participating in an FOREXer Challenge with a $100,000 account balance, your profit target would be $10,000 during the Challenge and $5,000 in the Verification stage.
The entry fee paid by participants is converted into a bonus for their trading account upon the activation of the Challenge stage. This conversion enhances the overall value for participants by directly augmenting their trading capital. The bonus acts both as a reward for joining the program and an additional trading resource, encouraging exploration and application of trading strategies beyond the structured Challenges.
Bonus Policy:
- Tradability and Withdrawal Restrictions:The bonus is exclusively for trading purposes; direct withdrawal is not permitted. It aims to boost the trader's trading power.
- Validity Period:Valid for one calendar month or until failure in the Challenge or Verification stages, whichever comes first.
- Profit Withdrawal:Profits earned using the bonus can only be withdrawn after the bonus is removed from the account.
- Misuse and Enforcement:Misuse of the bonus (e.g., abuse, arbitrage) allows Forexer Brokerage to revoke the bonus or suspend the account for investigation. Actions post-investigation may include fund recovery or account adjustments.
- Adjustments for Misuse:In cases of misuse, Forexer will correct the account balance to reflect the removal of the bonus, ensuring fair trading practices.
FOREXer
Real Challenge
Verification
Champions
Maintaining peace of mind is essential for you to concentrate entirely on your trading performance. We aim to spare our traders from undue stress, and that's why there are no time constraints during the Trading Period with FOREXer. You have the freedom to take as much time as necessary to reach your Profit Target.
To achieve this goal, you should engage in trading for a minimum of four days within the current duration cycle. On each of these days, it's essential to open at least one position. A trading day is defined as any day when at least one trade is carried out. If a trade spans multiple days, we only count the day when the trade was initiated as the trading day.
This rule can also be referred to as the "trader's daily stop-loss." As per our regulations, this stop-loss is set at 5% (or 10% in the case of the Aggressive version) of the initial account balance. In essence, this rule stipulates that at any given moment during the day (CE(S)T = Central European (Summer) Time), the cumulative result of all closed positions, when added to the current open floating profits/losses, must not exceed the predetermined daily loss limit. The calculation formula is as follows:
Current daily loss = results of closed positions on the current day + result of open positions.
For instance, in an FOREXer Challenge with an initial account balance of $200,000, the Max Daily Loss limit stands at $10,000. So, if you incur $8,000 in losses from your closed trades, your account balance should not decrease by more than $2,000 on that day. Additionally, your open floating losses should not exceed -$2,000. This limit includes commissions and swaps.
Conversely, if you make a profit of $5,000 in a day, you can tolerate losses of up to $15,000, but not beyond that threshold. It's important to note that your Maximum Daily Loss takes into account your open trades as well. For instance, if you suffer $6,000 in losses from closed trades in a day and then open a new trade with a floating loss of around -$5,700, which eventually turns positive, it will still be too late. At one point, your daily loss exceeded -$11,700 in equity, surpassing the allowed limit of $10,000.
Keep in mind that the Maximum Daily Loss resets at midnight CE(S)T. For example, if one day you earn a profit of $4,000 and simultaneously hold an open position with a floating loss of $13,000, you won't violate the maximum daily loss on that day. The current daily loss would be $9,000 ($4,000 closed profit - $13,000 open position). However, if you still hold that position with a $13,000 open loss after midnight, you would exceed the daily loss limit. This is because your previous day's profit doesn't carry over to the new day, and the open loss of $13,000 surpasses the maximum daily permitted loss of $10,000.
The Maximum Daily Loss size provides traders with ample room for trading while ensuring a well-defined daily risk for investors. Both traders and investors benefit from this rule as it prevents the account value from dropping below the specified limit. This is why the Maximum Daily Loss limit encompasses potential floating losses as well.
This rule can also be referred to as the "account equity stop-loss." Throughout the account duration, the trading account's equity must never fall below 90% of the initial account balance. In the case of an FOREXer Challenge with a $100,000 balance, this means the lowest allowable account equity would be $90,000. Once again, this includes both closed and open positions (account equity, not balance). The calculation logic is akin to that of the Maximum Daily Loss; the key difference is that it applies not just to a single day but to the entire testing period. This limit encompasses commissions and swaps.
Having 10% of the initial account balance as a buffer offers traders the opportunity to demonstrate that their account is fit for investment. It acts as a safeguard, ensuring that traders can stay in the game even if they experience some initial losses. For investors, it provides assurance that the trader's account will never dip below 90% (or 80% in the case of the Aggressive version) of its value under any circumstances.
In a FOREXer Challenge, the Profit Target is defined as 10% (or 20% in the Aggressive version) of the initial balance, while in the Verification stage, it's set at 5% (or 10% in the Aggressive version). Meeting the profit target entails a trader achieving a profit equivalent to the sum of closed positions on the designated trading account at any point during the unlimited Trading Period. It's important to note that, in order to progress to the next phase, all positions must be closed. For instance, if you're participating in an FOREXer Challenge with a $100,000 account balance, your profit target would be $10,000 during the Challenge and $5,000 in the Verification stage.
The entry fee paid by participants is converted into a bonus for their trading account upon the activation of the Challenge stage. This conversion enhances the overall value for participants by directly augmenting their trading capital. The bonus acts both as a reward for joining the program and an additional trading resource, encouraging exploration and application of trading strategies beyond the structured Challenges.
Bonus Policy:
- Tradability and Withdrawal Restrictions:The bonus is exclusively for trading purposes; direct withdrawal is not permitted. It aims to boost the trader's trading power.
- Validity Period:Valid for one calendar month or until failure in the Challenge or Verification stages, whichever comes first.
- Profit Withdrawal:Profits earned using the bonus can only be withdrawn after the bonus is removed from the account.
- Misuse and Enforcement:Misuse of the bonus (e.g., abuse, arbitrage) allows Forexer Brokerage to revoke the bonus or suspend the account for investigation. Actions post-investigation may include fund recovery or account adjustments.
- Adjustments for Misuse:In cases of misuse, Forexer will correct the account balance to reflect the removal of the bonus, ensuring fair trading practices.
FOREXer
Real Challenge
Verification
Champions
Maintaining peace of mind is essential for you to concentrate entirely on your trading performance. We aim to spare our traders from undue stress, and that's why there are no time constraints during the Trading Period with FOREXer. You have the freedom to take as much time as necessary to reach your Profit Target.
To achieve this goal, you should engage in trading for a minimum of four days within the current duration cycle. On each of these days, it's essential to open at least one position. A trading day is defined as any day when at least one trade is carried out. If a trade spans multiple days, we only count the day when the trade was initiated as the trading day.
This rule can also be referred to as the "trader's daily stop-loss." As per our regulations, this stop-loss is set at 5% (or 10% in the case of the Aggressive version) of the initial account balance. In essence, this rule stipulates that at any given moment during the day (CE(S)T = Central European (Summer) Time), the cumulative result of all closed positions, when added to the current open floating profits/losses, must not exceed the predetermined daily loss limit. The calculation formula is as follows:
Current daily loss = results of closed positions on the current day + result of open positions.
For instance, in an FOREXer Challenge with an initial account balance of $200,000, the Max Daily Loss limit stands at $10,000. So, if you incur $8,000 in losses from your closed trades, your account balance should not decrease by more than $2,000 on that day. Additionally, your open floating losses should not exceed -$2,000. This limit includes commissions and swaps.
Conversely, if you make a profit of $5,000 in a day, you can tolerate losses of up to $15,000, but not beyond that threshold. It's important to note that your Maximum Daily Loss takes into account your open trades as well. For instance, if you suffer $6,000 in losses from closed trades in a day and then open a new trade with a floating loss of around -$5,700, which eventually turns positive, it will still be too late. At one point, your daily loss exceeded -$11,700 in equity, surpassing the allowed limit of $10,000.
Keep in mind that the Maximum Daily Loss resets at midnight CE(S)T. For example, if one day you earn a profit of $4,000 and simultaneously hold an open position with a floating loss of $13,000, you won't violate the maximum daily loss on that day. The current daily loss would be $9,000 ($4,000 closed profit - $13,000 open position). However, if you still hold that position with a $13,000 open loss after midnight, you would exceed the daily loss limit. This is because your previous day's profit doesn't carry over to the new day, and the open loss of $13,000 surpasses the maximum daily permitted loss of $10,000.
The Maximum Daily Loss size provides traders with ample room for trading while ensuring a well-defined daily risk for investors. Both traders and investors benefit from this rule as it prevents the account value from dropping below the specified limit. This is why the Maximum Daily Loss limit encompasses potential floating losses as well.
This rule can also be referred to as the "account equity stop-loss." Throughout the account duration, the trading account's equity must never fall below 90% of the initial account balance. In the case of an FOREXer Challenge with a $100,000 balance, this means the lowest allowable account equity would be $90,000. Once again, this includes both closed and open positions (account equity, not balance). The calculation logic is akin to that of the Maximum Daily Loss; the key difference is that it applies not just to a single day but to the entire testing period. This limit encompasses commissions and swaps.
Having 10% of the initial account balance as a buffer offers traders the opportunity to demonstrate that their account is fit for investment. It acts as a safeguard, ensuring that traders can stay in the game even if they experience some initial losses. For investors, it provides assurance that the trader's account will never dip below 90% (or 80% in the case of the Aggressive version) of its value under any circumstances.
In a FOREXer Challenge, the Profit Target is defined as 10% (or 20% in the Aggressive version) of the initial balance, while in the Verification stage, it's set at 5% (or 10% in the Aggressive version). Meeting the profit target entails a trader achieving a profit equivalent to the sum of closed positions on the designated trading account at any point during the unlimited Trading Period. It's important to note that, in order to progress to the next phase, all positions must be closed. For instance, if you're participating in an FOREXer Challenge with a $100,000 account balance, your profit target would be $10,000 during the Challenge and $5,000 in the Verification stage.
The entry fee paid by participants is converted into a bonus for their trading account upon the activation of the Challenge stage. This conversion enhances the overall value for participants by directly augmenting their trading capital. The bonus acts both as a reward for joining the program and an additional trading resource, encouraging exploration and application of trading strategies beyond the structured Challenges.
Bonus Policy:
- Tradability and Withdrawal Restrictions:The bonus is exclusively for trading purposes; direct withdrawal is not permitted. It aims to boost the trader's trading power.
- Validity Period:Valid for one calendar month or until failure in the Challenge or Verification stages, whichever comes first.
- Profit Withdrawal:Profits earned using the bonus can only be withdrawn after the bonus is removed from the account.
- Misuse and Enforcement:Misuse of the bonus (e.g., abuse, arbitrage) allows Forexer Brokerage to revoke the bonus or suspend the account for investigation. Actions post-investigation may include fund recovery or account adjustments.
- Adjustments for Misuse:In cases of misuse, Forexer will correct the account balance to reflect the removal of the bonus, ensuring fair trading practices.
FOREXer
Real Challenge
Verification
Champions
Maintaining peace of mind is essential for you to concentrate entirely on your trading performance. We aim to spare our traders from undue stress, and that's why there are no time constraints during the Trading Period with FOREXer. You have the freedom to take as much time as necessary to reach your Profit Target.
To achieve this goal, you should engage in trading for a minimum of four days within the current duration cycle. On each of these days, it's essential to open at least one position. A trading day is defined as any day when at least one trade is carried out. If a trade spans multiple days, we only count the day when the trade was initiated as the trading day.
This rule can also be referred to as the "trader's daily stop-loss." As per our regulations, this stop-loss is set at 5% (or 10% in the case of the Aggressive version) of the initial account balance. In essence, this rule stipulates that at any given moment during the day (CE(S)T = Central European (Summer) Time), the cumulative result of all closed positions, when added to the current open floating profits/losses, must not exceed the predetermined daily loss limit. The calculation formula is as follows:
Current daily loss = results of closed positions on the current day + result of open positions.
For instance, in an FOREXer Challenge with an initial account balance of $200,000, the Max Daily Loss limit stands at $10,000. So, if you incur $8,000 in losses from your closed trades, your account balance should not decrease by more than $2,000 on that day. Additionally, your open floating losses should not exceed -$2,000. This limit includes commissions and swaps.
Conversely, if you make a profit of $5,000 in a day, you can tolerate losses of up to $15,000, but not beyond that threshold. It's important to note that your Maximum Daily Loss takes into account your open trades as well. For instance, if you suffer $6,000 in losses from closed trades in a day and then open a new trade with a floating loss of around -$5,700, which eventually turns positive, it will still be too late. At one point, your daily loss exceeded -$11,700 in equity, surpassing the allowed limit of $10,000.
Keep in mind that the Maximum Daily Loss resets at midnight CE(S)T. For example, if one day you earn a profit of $4,000 and simultaneously hold an open position with a floating loss of $13,000, you won't violate the maximum daily loss on that day. The current daily loss would be $9,000 ($4,000 closed profit - $13,000 open position). However, if you still hold that position with a $13,000 open loss after midnight, you would exceed the daily loss limit. This is because your previous day's profit doesn't carry over to the new day, and the open loss of $13,000 surpasses the maximum daily permitted loss of $10,000.
The Maximum Daily Loss size provides traders with ample room for trading while ensuring a well-defined daily risk for investors. Both traders and investors benefit from this rule as it prevents the account value from dropping below the specified limit. This is why the Maximum Daily Loss limit encompasses potential floating losses as well.
This rule can also be referred to as the "account equity stop-loss." Throughout the account duration, the trading account's equity must never fall below 90% of the initial account balance. In the case of an FOREXer Challenge with a $100,000 balance, this means the lowest allowable account equity would be $90,000. Once again, this includes both closed and open positions (account equity, not balance). The calculation logic is akin to that of the Maximum Daily Loss; the key difference is that it applies not just to a single day but to the entire testing period. This limit encompasses commissions and swaps.
Having 10% of the initial account balance as a buffer offers traders the opportunity to demonstrate that their account is fit for investment. It acts as a safeguard, ensuring that traders can stay in the game even if they experience some initial losses. For investors, it provides assurance that the trader's account will never dip below 90% (or 80% in the case of the Aggressive version) of its value under any circumstances.
In a FOREXer Challenge, the Profit Target is defined as 10% (or 20% in the Aggressive version) of the initial balance, while in the Verification stage, it's set at 5% (or 10% in the Aggressive version). Meeting the profit target entails a trader achieving a profit equivalent to the sum of closed positions on the designated trading account at any point during the unlimited Trading Period. It's important to note that, in order to progress to the next phase, all positions must be closed. For instance, if you're participating in an FOREXer Challenge with a $100,000 account balance, your profit target would be $10,000 during the Challenge and $5,000 in the Verification stage.
The entry fee paid by participants is converted into a bonus for their trading account upon the activation of the Challenge stage. This conversion enhances the overall value for participants by directly augmenting their trading capital. The bonus acts both as a reward for joining the program and an additional trading resource, encouraging exploration and application of trading strategies beyond the structured Challenges.
Bonus Policy:
- Tradability and Withdrawal Restrictions:The bonus is exclusively for trading purposes; direct withdrawal is not permitted. It aims to boost the trader's trading power.
- Validity Period:Valid for one calendar month or until failure in the Challenge or Verification stages, whichever comes first.
- Profit Withdrawal:Profits earned using the bonus can only be withdrawn after the bonus is removed from the account.
- Misuse and Enforcement:Misuse of the bonus (e.g., abuse, arbitrage) allows Forexer Brokerage to revoke the bonus or suspend the account for investigation. Actions post-investigation may include fund recovery or account adjustments.
- Adjustments for Misuse:In cases of misuse, Forexer will correct the account balance to reflect the removal of the bonus, ensuring fair trading practices.
| FOREXer Challenge | ||||||
| Account Balance | $10,000 | $25,000 | $50,000 | $100,000 | $200,000 | |
| Trading Period | Unlimited | Unlimited | Unlimited | Unlimited | Unlimited | |
| Minimum trading days | 4 days | 4 days | 4 days | 4 days | 4 days | |
| Maximum Daily Loss | $500 | $1,250 | $2,500 | $5,000 | $10,000 | |
| Maximum Loss | $1,000 | $2,500 | $5,000 | $10,000 | $20,000 | |
| Profit Target | $1,000 | $2,500 | $5,000 | $10,000 | $20,000 | |
| Refundable Fee | $200 | $300 | $400 | $600 | $1,100 | |
*Remember: Feel free to try out the entire process in the demo account for free before moving on to the real challenge.
Evaluation & Advancement Criteria for FOREXer Traders
Beyond the fundamental guidelines, Forexer distinguishes Traders based on adherence to the below criteria. Traders who meet or exceed the profit targets without exceeding loss limits in any stage, and who adhere to at least 5 of the below criteria, are eligible to advance to the next stage. This culminates in achieving the status of a Forexer Successful Trader, marking a significant milestone in trading proficiency and discipline.
- Maximum Loss to Average Win Ratio (ML/AW): Should be less than 1.
- Profit Factor: Must be greater than 2, indicating profitable trading.
- Winning Days to Losing Days Ratio (WD/LD): Greater than 1.
- Maximum Number of Trades: less than 15 trades per month. (less than 3 in a week)
- Market Direction and Trend: Trades must align with market trends for profitability.
- Trade on No More Than 3 Symbols: Focus is essential.
- Trade Maximum 2 Specific Days a Week: Encourages discipline.
- Winning Trade Percentage: Over 75% of trades should be profitable.
- Daily Loss Trades: Less than 2 per day.
.png)
Key Hightlights
All-Inclusive Account
FOREXer All-Inclusive Account aligns seamlessly with all trading style and requirements. With FOREXer All-Inclusive Account, there are no limitations on holding positions over the weekend or trading during macroeconomic announcements.
Scaling Plan
Our goal is to foster lasting business partnerships. If you can maintain consistency and profitability, we will boost your FOREXer Account balance by 25% every 4 months as part of the Scaling Plan.
Free Trial
If you remain uncertain, you have the opportunity to experience the entire process at absolutely no cost. The Free Trial account mirrors our FOREXer Challenge in terms of trading conditions but in a more condensed format.
.png)
Payment System
While the standard payout ratio for all FOREXer Traders stands at 80:20, we're flexible and open to more.
FOREXer Traders have the option to request payouts at any time. These can be processed just 14 days after success. Additionally, you have the freedom to select your Profit Split Day (any day of the month), and you can adjust this up to three times. Ultimately, we ensure your withdrawal aligns with your preferred day.
In the event you meet the conditions of our Scaling Plan, your FOREXer Account balance will not only increase by 25%, but the payout ratio will automatically escalate to an impressive 90:10!
The most popular retail trading platform
We offer our clients the best trading solution with our FOREXER5 accounts, powered by data feeds directly from our pool of prime liquidity providers. We aim to replicate real market conditions with super-raw spreads, very low commissions, and no markup on all demo trading accounts with virtual funds.
We're not just your typical Modern Prop Trading Firm.
Discover the advantages of partnering with FOREXer.
Account Evaluation
Upon establishing this project, we recognized the importance of providing our traders with an impartial assessment of their trading outcomes. Why? Regardless of whether a trader is a novice or an expert, an alternative perspective holds immense value. For numerous traders, trading can be a solitary endeavor, and often, even those closest to you may not grasp the extent of your actions on the computer for extended hours.
Customer Support
Engaging with traders is of utmost importance to us. We aim to provide support not only during the journey to becoming an FOREXer Pro but also thereafter. Our skilled Customer Support experts are readily available to assist you through email, phone, or live chat. We offer multilingual support in many international languages, and our Customer Support is recognized as one of the top performers in the industry.
FOREXer Academy
Knowledge is the key. Our complimentary FOREXer Academy was established to offer fundamental and advanced learning to all, recognizing the vital role education plays in your trading triumphs. In each segment of the Academy, various incentives await your progression, keeping you inspired in your learning and ultimately aiding you to navigate your trading path more smoothly. Don't hesitate, get started now.
Please note that your performance in the Free Trial or any external trading history doesn't determine your eligibility for an FOREXer Account. Our Evaluation Process is specifically designed to assess your trading skills and grant access to the FOREXer Account.
Upon passing the Verification phase, you may be considered for the role of a FOREXer, pending review of your trading activities. To formalize a FOREXer Account agreement, submit identification documents and complete the required process. Finalization of the contract depends on adherence to FOREXer's internal procedures.
Once you've met all 4 Trading Objectives and your trades are checked, you can move on to the next step right away. So, in total, you can start using your FOREXer Account after just 8 trading days.
In about 1-2 business days, we'll give you the new login details for the Verification stage.
To clarify, the accounts provided to clients are simulated accounts with virtual funds. Upon becoming a FOREXer, you'll receive access to one of these simulated accounts. You're eligible to retain up to 90% of the profits generated on this account.
If you want to trade with more money, you can do another FOREXer Challenge. Each challenge has to start from scratch, even if you've passed one before. You can't have more than $400,000 in total across all your FOREXer Accounts at once. For example, you could have two accounts with $200k each, or four accounts with $100k each. But be careful not to sign up for multiple accounts. If we find out you're using the same trading strategies across different accounts and it adds up to more than $400,000, we might suspend those accounts.
On the other hand, if you're consistently making money on your FOREXer Account, we might give you even more money to trade with. We call this our Scaling Plan.
