OFP trading is a proprietary firm offering various account types with instant funding. Their unique approach makes them a formidable force in the sector; their mantra being, «Trading should not be harder.» OFP also stands out with true instant funding – something no other firm provides.
OFP Funding makes accessing funds easy for traders of all experience levels, offering accounts with features tailored specifically to each trader’s needs. They don’t set profit targets either – something else traders find beneficial. Plus they don’t set profit targets! OFP accounts can be opened by individuals of all experience levels who can trade from multiple accounts with them!
OFP trading platform employs IC Markets as its broker and allows traders to utilize either MetaTrader 4 (MT4) or 5 with various assets such as forex pairs, cryptocurrencies, commodities futures and indices. Furthermore, OFP offers live chat functionality as well as discord server where traders can discuss ideas and experiences freely amongst themselves and share experiences freely. Furthermore, OFP supports charity efforts and encourages ethical trading practices; any attempt at copy trading between multiple accounts on OFP is strictly forbidden; any attempts will result in suspension of one account on both platforms.
OFP Trader
OFP trader is a prop firm that allows traders to invest their capital in forex trading using OFP Funding’s platform. While this can be an ideal option for expanding your experience and honing skills, certain considerations must be made before joining. First and foremost is understanding their guidelines. As its motto goes: «Trading is hard enough already; why make it harder?» Unlike other trading prop firms, OFP does not mandate an evaluation phase before accessing funds.
OFP Funding’s platform does not set profit targets for traders, making it simple and straightforward to begin trading. There are no restrictions regarding which strategies can be employed; however, automated trading (EAs) are prohibited.
OFP provides quarterly payouts based on your performance from the prior month. OFP stands out among prop firms by offering an extremely generous 40% weekly payout, and its unique dashboard allows users to track progress and profitability more closely as well as collaborate with its trade education division.
OFP wants to change the world beyond trading alone, which is why part of its profits go towards Operation Smile – an international charity providing children with cleft lip and palate surgery – while its founders are experienced traders committed to supporting other traders.
OFP Trading Coupon Code
Coupon codes are strings of letters and numbers that must be entered during the checkout process in order to receive discounts. They’re often available on company websites and search results can often reveal them. When entered successfully, orders will have their total balance reduced accordingly – although these offers might not reach as many customers as traditional paper coupons do, coupon codes can still be very effective in encouraging customers to try your product!
OFP Funding was established in February 2022 as an alternative to mainstream prop firms, with its core philosophy being, «Trading can already be challenging enough; why make it harder?» Unlike its competitors, OFP funding does not impose challenges, verifications or profit targets that bias away from an individual trader’s strategy; instead it offers true instant funding ranging from $5k-100k across five currencies without challenges or verifications imposed upon accounts, creating an unparalleled community experience within prop firm industry.
OFP stands out in its approach to risk management as an innovative prop firm, having removed all common obstacles to real capital accumulation, while offering traders clear rules to protect them. Furthermore, this prop firm recognizes the importance of emotions for traders by offering an exclusive Mental Coach Program where traders can book sessions with psychologists in English, Spanish or Italian.
OFP Rules
OFP Funding stands out among prop firms by not setting profit targets or requiring traders to pass any tests in order to become eligible for its platform, making it simple and fast for traders to begin trading immediately with their funds. Furthermore, no ongoing fees apply when using OFP’s funded account service.
OFP does not permit traders to utilize trading strategies considered cheating. Should any evidence of such activity come to light, OFP reserves the right to terminate an account immediately and cancel it with immediate effect. Hedge trading or significant disparities in lot sizes is not allowed either; all traders must abide by OFP trading regulations in order to be eligible for payout.
OFP Funding requires at least three trading days every week. A trading day is defined as any day on which an order was executed. Failure to follow this rule could result in your account being closed immediately.
OFP does not permit you to copy a trader from another account – something common among some top prop firms and which could lead to your account suspension. They do, however, allow genuine trading styles like swing trading, scalping, news trading, overnight holding and weekend holding.