OFP Funding is a leading instant funding prop firm that provides traders with virtual capital without any challenge to pass. Traders can purchase a funded account and get paid out. The firm offers accounts that pay 100% more than competitors and scaling accounts up to £5 million.
The firm has three simple rules for traders to follow to get a payout: Instant Funding, Maximum Daily Loss, and Maximum Overall Loss. The Maximum Daily Loss is selected at checkout and each day is considered to start from midnight (CET +2/+3). Failure to adhere to this rule will result in the closure of the account.
The firm offers different types of accounts with a profit share of up to 80%. The accounts are available in different models and currencies. The firm also provides traders with the best spreads on the market and a variety of assets to trade including Forex, Raw material, Index, Metals, and Bond.
In addition to providing funded accounts, the firm also offers educational resources to help traders increase their proficiency. This includes FAQ answers, successful trader interviews, and FAQ video answers.
The firm has received positive reviews from customers, with many praising its simple rules, affordable account prices, and excellent customer service. The firm is also praised for its flexibility in allowing traders to customize their own funded trading account.
Overall, OFP Funding is a reputable prop firm that provides traders with the resources and support they need to succeed in the trading sector. It is committed to creating new opportunities in the Trading Sector and helping traders seize opportunities today.
Please note that all information provided is based on the latest available data and may be subject to change.
OFP Funding Pros & Cons
Pros of OFP Funding
Instant Funding: Traders can start without evaluations, allowing immediate access to funds.
Customizable Terms: Flexible profit shares (26% to 80%) and drawdown limits cater to individual preferences.
High Capital Allocation: Accounts can be funded up to $200,000, scalable to GBP 5 million.
No Profit Targets: Traders are not pressured by profit targets, enhancing trading freedom.
Positive Customer Reviews: Generally favorable feedback regarding customer service and trading conditions.
Cons of OFP Funding
Security Concerns: Some users express worries about the firm's reliability and reputation.
Limited Reviews: A lack of extensive reviews may raise questions about overall trustworthiness.
Higher Risk: Instant funding comes with increased risk of failure for traders.
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