Forex Prop Firm: Trade Currency Pairs on Simulated Capital With Clear Rules
A forex prop firm gives you simulated capital to trade currency pairs under fixed rules for a share of the profit. Here are OctoFunded's Classic prices for every size, the 1-Step, 2-Step and Instant rules, and the forex questions to ask any firm.
OctoFunded Trading DeskUpdated ยท 8 min read
A forex prop firm is a company that gives you a simulated account to trade currency pairs under fixed rules and pays you a share of the simulated profit when you keep to those rules. At OctoFunded, a new forex prop firm, a $10K Classic 1-Step costs $69, or $62.10 with the public code OFF10, and covers major and minor pairs, gold, silver and indices, with news trading, weekend holding and EAs allowed.
This page is the offer side of the story: what you can trade, what each size costs, and every rule written as a number you can check. If you want the pip-by-pip mechanics, read funded forex account rules in pips next.
How much does a forex funded account cost?
Here is every Classic plan, which is the market where the currency pairs live.
| Size (simulated capital) | 1-Step | 2-Step | Instant |
|---|---|---|---|
| $10,000 | $69 ($62.10) | $79 ($71.10) | $109 ($98.10) |
| $25,000 | $169 ($152.10) | $179 ($161.10) | $249 ($224.10) |
| $50,000 | $289 ($260.10) | $309 ($278.10) | $469 ($422.10) |
| $100,000 | $499 ($449.10) | $529 ($476.10) | $879 ($791.10) |
| $200,000 | $949 ($854.10) | $999 ($899.10) | Not offered |
| $300,000 | $1,409 ($1,268.10) | $1,459 ($1,313.10) | Not offered |
| $400,000 | $1,859 ($1,673.10) | $1,909 ($1,718.10) | Not offered |
List price, with the OFF10 price in brackets. Prices checked 30 October 2026.
The fee is one-time. On the 1-Step and 2-Step it comes back with your first payout. Checkout is in crypto: USDT, USDC, BTC, ETH or SOL. Perpetuals and Futures plans are in the full OctoFunded price list, and the code steps are in the OctoFunded coupon code.
What does a forex prop firm actually give you?
It gives you a fixed-size simulated account, a written rulebook and a profit share. You do not deposit trading capital. You pay a fee, trade the simulated balance, and if you keep to the rules you can request a payout: a share of the simulated profit, paid as a reward. No real money is traded on your behalf. The full model is in what a prop firm is.
For a forex trader that changes one thing above all: your maximum cost is the fee, known before the first trade. The rules then decide how much room you have to be wrong.
What can you trade on a forex funded account?
On OctoFunded's Classic market you trade CFDs on simulated capital:
| Group | Examples of what it covers |
|---|---|
| Major pairs | The most traded USD pairs, such as EUR/USD and USD/JPY |
| Minor pairs | Crosses without the USD, such as EUR/GBP |
| Metals | Gold and silver |
| Indices | Major stock index CFDs |
| Crypto | BTC and ETH |
For the exact symbol list and trading hours, see the full program rules. Gold moves in dollars rather than pips, so its sizing works differently. Trading gold on a prop firm account covers it.
What are the fx prop firm rules on 1-Step, 2-Step and Instant?
| Rule | 1-Step | 2-Step | Instant |
|---|---|---|---|
| Evaluation | 1 phase | 2 phases | None |
| Profit target | 10% | 10%, then 5% | None |
| Daily loss limit | 4% | 5% | 3% |
| Max loss | 8%, end-of-day trailing, locked at the initial balance | 10%, static | 12%, static |
| Best day cap | 50% of the phase profit | See the program rules | See the program rules |
| Profit split | 80% | 80% | 100% |
| Payouts | Every 14 days | Every 14 days | First after 7 days, then weekly; payouts 1 and 2 capped at 3% of the initial balance |
| Fee refund | With the first payout | With the first payout | None |
| Time limit | None | None | Not applicable |
Three rules shape a forex trader's week more than the rest:
- The 1-Step floor trails, then stops. It rises with end-of-day highs and locks at the starting balance. After that, profit only adds room.
- The 2-Step floor never moves. You get the widest daily limit, 5%, in exchange for a second, smaller target.
- Instant has no target but caps early payouts. On $50,000, payouts 1 and 2 are capped at $1,500 each, which is 3% of the initial balance.
The best day rule explains the 1-Step cap, and 1-Step vs 2-Step vs Instant helps you pick a program by temperament.
What do the rules look like in pips?
Every limit is a dollar figure, and pips turn it into position size. On USD-quoted pairs, one standard lot is worth about $10 per pip. That is the usual convention and an approximation.
| $50K account | 1-Step | 2-Step | Instant |
|---|---|---|---|
| Daily loss limit in dollars | $2,000 | $2,500 | $1,500 |
| At 1 standard lot, about | 200 pips | 250 pips | 150 pips |
| At 2 standard lots, about | 100 pips | 125 pips | 75 pips |
The arithmetic: $2,000 / $10 per pip = 200 pips at one lot. The limit counts every trade of the day, not a single trade. Read calculate lot size to size from your stop, and see the $50K funded account for every $50K limit in dollars.
Can you trade news, hold over the weekend and run EAs?
Yes to all three on the Classic market, within the program rules.
- News trading is allowed. Spreads can widen and fills can slip around releases, and that cost counts against the daily limit. See news trading at a prop firm.
- Weekend holding is allowed. A Monday open can gap past your stop, so size a held position as if the stop may not fill. More in weekend holding.
- EAs are allowed. An automated system still has to respect the daily limit and the floor. See prop firm that allows EAs.
There is no consistency rule on Classic beyond the best-day caps in the rules text.
What should you check before choosing a forex prop firm?
Run these questions on any firm, including us:
| Question | OctoFunded Classic answer |
|---|---|
| Is the capital real or simulated? | Simulated capital |
| Is the price printed, per size? | Yes, in the table above |
| Is there a time limit on the evaluation? | No |
| Is news trading allowed? | Yes |
| Can you hold over the weekend? | Yes |
| Are EAs allowed? | Yes |
| What is the split, from which payout? | 80% on evaluations from the first payout; 100% on Instant |
| Is the fee refunded? | With the first payout on 1-Step and 2-Step |
| How are payouts proven? | USDT or USDC with a public on-chain transaction hash |
| Can you verify past payouts? | Yes: $10.5M+ paid, certificates at app.octofunded.com/verify |
Check what you can verify yourself: the written rules, the checkout and the on-chain payout proof. Is OctoFunded legit gives you that checklist.
Worked example: a week on a $10K forex 1-Step
Illustrative, made-up results on the $69 plan. Not a forecast.
- Monday: EUR/USD long, +$180. Balance $10,180.
- Tuesday: two losing trades on GBP/USD, minus $260. The daily limit is $400, so $140 was left. Balance $9,920.
- Wednesday: gold short, +$220. Balance $10,140.
- Thursday: news trade on USD/JPY, +$150. Balance $10,290.
Profit so far: $290 of a $1,000 target. Best day: $220. Under the 50% cap, a $220 best day needs at least $440 of phase profit, so you need $150 more just to clear the cap, and $710 to reach the target. There is no time limit, so the week does not have to carry it.
Thinking bigger? See the $200K funded account for the same rules at a larger dollar scale.
FAQ
What is a forex prop firm?
A forex prop firm is a company that gives you a simulated account to trade currency pairs under fixed rules, and pays you a share of the simulated profit if you keep to those rules. You pay a fee for the account instead of risking your own trading deposit.
How much does a forex funded account cost at OctoFunded?
On the Classic market, from $69 for a $10K 1-Step, or $62.10 with the public code OFF10. The 2-Step starts at $79 and Instant at $109, and evaluations go up to $400K.
What can I trade on OctoFunded's forex prop firm accounts?
The Classic market covers major and minor currency pairs, gold, silver, indices and BTC/ETH as CFDs, all on simulated capital. News trading, weekend holding and EAs are allowed.
What profit split does the fx prop firm program pay?
80% on the Classic 1-Step and 2-Step, from the first payout, every 14 days. 100% on Classic Instant, with the first payout after 7 days and then weekly. All payouts are subject to the program rules.
Is OctoFunded a new forex prop firm?
Yes. Check its written rules, its checkout and how payouts are proven on-chain before you buy, and start with the size whose loss limits fit your normal worst day.
Trade currency pairs on simulated capital
Major and minor pairs, gold, silver and indices, three programs, seven sizes, a one-time fee and no time limit on the evaluation. Payouts in USDT or USDC with a public hash, subject to the program rules. OFF10 takes 10% off every plan.
