In our comprehensive review and guide of FXCI, a leading prop trading firm in the industry. In this detailed analysis, we’ll delve into what makes FXCI stand out in 2024, examining its offerings, trading conditions, and unique features that attract traders from around the globe.

Whether you are a seasoned trader or just beginning your journey, understanding the strengths and opportunities provided by FXCI can help you make an informed decision. Join us as we explore the ins and outs of FXCI and discover why it continues to be a preferred choice for many in the prop trading community.

FXCI: Pros & Cons

It is very important right now to review the main advantages and disadvantages of FXCI prop trading firm in our FXCI prop firms review to better understand this company.

Pros
  • +FXCI provides profit sharing of up to 85%, surpassing the typical industry standard of 80%.
  • +Utilize your DXtrade account alongside TradingView's top-notch tools and charts.
  • +For trading purposes, you can explore a wide range of virtual assets, such as forex, stocks, metals, indices, and commodities.
  • +You will be refunded the entire commission amount when you make your initial withdrawal.
  • +You have the option to fund numerous accounts simultaneously, with a maximum total amount of $200,000.
  • +FXCI has a vibrant community on Discord where traders can freely exchange information and expand their knowledge.
  • +It offers a wide range of trading strategies, giving you the flexibility to utilize EA, copy trading, and martingale techniques.
  • +Trading with narrow spreads and no need for stop loss orders.
  • +Simple trading strategy: profit goals of 10% and 5% are some of the most attainable in the market, making it effortless for traders to achieve them.
Cons
  • -Withdrawal minimums: The minimum amount you can withdraw is $100, which might pose a challenge for novice traders.
  • -Cost: Participating in trading competitions is charged, which may be challenging for individuals on tight budgets.
  • -Boosted challenge type requires a minimum of 4 trading days.

Who is FXCI Prop Firm?

FXCI functions as a private trading firm that specializes in forex markets, serving the needs of both individual and institutional traders who are interested in currency trading. The company sets itself apart with its cutting-edge trading technology and robust infrastructure, offering traders swift trade execution and up-to-the-minute market analysis. FXCI is actively seeking experienced forex traders who utilize various approaches, such as quantitative analysis, algorithmic trading, and technical analysis, to take advantage of the numerous opportunities available in the forex market. By placing a strong emphasis on careful risk management, FXCI strives to safeguard capital while maximizing trading returns for its traders.

The FXCI prop company operates using a profit-sharing system, where traders have the opportunity to earn a portion of the profits generated from their trading activities. This approach promotes a culture of collaboration and encourages traders to strive for high performance. Renowned for its proficiency in forex trading, FXCI remains at the forefront of innovation and adjustment to market dynamics, guaranteeing a competitive edge and providing reliable outcomes in the ever-changing forex market environment.

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FXCI of Key Features

  • Experience the benefits of secure trading with the added advantage of leverage up to 1:100 for FX instruments and 1:50 for Metals, Indices, and Commodities. Trade with confidence and maximize your potential for success.
  • Profit Sharing: FXCI provides a remarkable profit-sharing rate of 85%, ensuring coverage for any losses and surpassing the industry average of other prop firms trading.
  • Best Trading Instruments: Explore a diverse selection of trading tools, encompassing a variety of currencies, market indicators, precious metals, and commodities.
  • Well-known Platforms: Experience the unparalleled trading opportunities offered by the renowned DXtrade and ThinkMarkets platforms, which are widely recognized for their unwavering dependability, transparency, and utmost security.
  • Streamlined Profit Objectives: Attain profit objectives of 10% and 5%, which are unparalleled when compared to industry norms.
  • Enhance your trading performance with an advanced risk management system and statistical analysis, ensuring comprehensive coverage and optimization.
  • Unrestricted Trading: Enjoy the freedom to trade in any style or strategy around the clock, including trading based on news, hedging positions, and holding trades overnight and over the weekend.
  • Expandability: Expand your trading operations to a maximum of $2M, offering plenty of space for development.
  • 24/7 Assistance: Gain access to a friendly and knowledgeable support team through live chat and email at any time of the day or night.
  • Personalized Support: Every funded trader is assigned a dedicated account manager who provides tailored assistance and ensures quick responses to any inquiries.
  • One-Time Charge: A solitary upfront withdrawal fee encompasses all expenses.

Extra advantages:

  • Trustworthy broker: Collaborating with ThinkMarkets ensures optimal market conditions and minimal slippage for swift and precise trade execution.
  • We fully support a wide range of trading strategies, including EA, copy-trading, and martingale.
  • Discord community: fostering a supportive environment and facilitating the exchange of valuable insights among traders.
  • Endless accounts: You can have an infinite number of accounts with a combined sum of up to $200K.

FXCI: General Information

Website: https://fxci.com
Trading Period: 999 days (Phase 1), Unlimited (Funded Trader)
Maximum Drawdown: 5%
Profit Target: 10%
Trading Platform: DXtrade
Leverage: Up to 1:100
Profit Split: Up to 85%
Tradable Assets: Forex, Metals, Indices, Commodities
Minimum Trading Days: 4-day Boosted Challenges, 0-day Unlimited Challenges
Maximum Capital: $200,000
Evaluation: One-step evaluation for Boosted challenges, two-step evaluation for Unlimited challenges

Is Reliable & Legal FXCI Prop Company?

The importance of FXCI’s work in the legal field must be emphasized, so right now, in the FXCI prop firms trading review, you will find out how safe it is to work with FXCI prop firms.

  • Legal/License: The company conducts its activities in the legal field and has the appropriate license, thanks to which all users can be absolutely calm in the safety of data and funds.
  • Reputation: FXCI prides itself on an impeccable reputation. It has been earned over the years, and numerous reviews on the most reputable sites once again confirm this.
  • Safe: The company uses the most advanced data encryption algorithms as well as security systems in order to protect its users and allow them to think exclusively about trading.

What Makes FXCI Different From Other Prop Firms?

When compared with other brokerage companies, FXCI stands out first with unique conditions and special programs. To understand the difference, it is enough to compare the terms and conditions of this firm with SurgeTrader, for example.

Category FXCI SurgeTrader
Prices on Challenges From $49 From $250
Account Size Up to $200,000 Up to $1,000,000
Profit Share Up to 85% Up to 90%
Trading Period No Limit No Limit
Max Daily Loss 3-5% 4%
Max Drawdown 5-10% 5%
Profit Target 5-10% 10%
Leverage 1:100 1:10

FXCI: Challenge Funding Program Options

The company offers its traders the most diverse and interesting programs. You have the freedom to select the account size and conditions that align with your objectives and accomplish tasks to secure funding for your account.

Unlimited ( 2-step Challenge)

Starting with a minimum of $5,000, challenge accounts offer a range of fee options starting at $49. The most preferred option is the $50,000 account, offering a complete trading experience with advantageous terms for maximizing earnings and efficient risk control.

  • Phase 1: Trading without restrictions for an extended period, with a cap on daily losses at 5% and a limit on overall drawdown at 10%.
  • Phase 2: Offering comparable advantages to Phase 1, but with a reduced profit objective of 5%.
  • Trader: Once you successfully complete the initial two phases, you can earn a maximum profit of up to 85%. Additionally, the number of trading days available to you is unlimited!

Boosted (1-step Challenge)

The primary distinction and the greatest benefit of the Boosted challenge lies in its singular phase for challenges. With this option, you can gain access to funded accounts more quickly than with the Unlimited Challenge, which requires the completion of two evaluation phases.

Account sizes vary from $5,000 to $200,000, and account fees begin at $59. We offer a range of choices to accommodate various trading goals and levels of expertise.

General Rules

  1. Copy trading is allowed. You have the ability to duplicate the trades of seasoned traders, allowing you to reap the rewards of their knowledge and tactics.
  2. Trading During Major News Events is Permitted. You are allowed to engage in trading during significant news events, which enables you to capitalize on market fluctuations and potential chances for profit.
  3. The Martingale Strategy is Accepted. You have the freedom to utilize the Martingale strategy, a risk management technique that allows you to increase the trade size after a loss.
  4. Allowance for Hedging. You have the option to hedge your trades, opening positions that offset existing ones to manage risk effectively.
  5. No need for a stop loss. There is no compulsory stop-loss obligation, providing greater flexibility in managing your trades based on your strategy.
  6. Trading is not available on weekends. All trades must be finalized by 3:45 PM EST on Friday. This is imperative to mitigate any potential risks associated with weekend market gaps.

Profit Splits

FXCI was developed by traders for other traders! As a prominent real estate company, FXCI is dedicated to assisting you in achieving monetary success. Profit sharing up to 85 percent: Compared to the benchmark of 80% used in the business, you will enjoy bigger profit sharing.

Which Broker Does FXCI Use?

A state-of-the-art trading platform, DX Trade, was created specifically to meet the requirements of professional traders and proprietary businesses. It offers access to a diverse selection of asset classes, such as stocks, options, futures, and currency. Additionally, it provides advanced functionalities like personalized user interfaces, robust charting tools, and the capability to participate in algorithmic trading. FXCI prop company relies on DX Trade for its remarkable flexibility and adaptability, allowing traders to personalize the platform according to their unique trading methods and processes. In addition, FXCI strongly prefers DX Trade because it offers a wide range of risk management tools and up-to-the-minute market data, both of which are essential for effectively handling large trading volumes.

Trading Instruments

FXCI utilizes the well-regarded DXtrade platform, granting you immediate entry to financial markets and more than 100 virtual assets for trading purposes while undergoing Evaluation. Here, you have a wide range of instruments available for trading, including Forex pairs (both major and minor), metals, indices, and commodities.

Forex trading offers a leverage of 1:100, while metals, commodities, and indices have a leverage of 1:50.

Trading Platforms

FXCI prop firm partners with DXtrade platform. Take advantage of the ease of placing trades using TradingView charts on the DXtrade platform, which is known for its exceptional user-friendliness.

Trading Fees

FXCI provides traders with a wide range of pricing choices and various ways to start their evaluation process.

Firstly, the company offers an abundance of evaluation challenges that can be enhanced or expanded. All the different challenge options available have their unique evaluation processes. For Unlimited challenges, the evaluation process consists of two steps, whereas Boosted challenges have a more streamlined one-step evaluation program path.

In order to balance this out, Boosted challenges have a slightly higher entry fee and have stricter limits on maximum daily loss and drawdown. Additionally, they require a minimum of 4 trading days, whereas Unlimited Challenges have no minimum requirement.

The most affordable choice is available for $49 for an account balance of $5,000 in the two-step evaluation challenge. During the initial phase, your goal is to achieve a profit of 10% (which is then lowered to 5% in the second phase). You should aim to limit your daily losses to a maximum of 5% and keep the maximum drawdown at $500.

On the other hand, the most expensive option will set you back a hefty $959 for the largest account size of $200,000 in trading capital in the Boosted, one-step evaluation challenge. In order to successfully complete the Challenge, you must engage in active trading for a minimum of four days. The objective is to achieve a profit target of 10% while ensuring that the maximum daily loss does not exceed 3%.

FXCI: Step-by-Step Account Opening Process

FXCI provides traders with a secure and streamlined trading environment. It also allows them to exhibit their talents and discipline through the use of trading software.

Getting Started: A Guide

  1. Put in your name. You may get your adventure off to a good start by choosing one of our assessment challenges, which provide financing choices of up to $200,000 each.
  2. You must finish the Challenge. You must achieve your trading goals and emerge victorious in the competition to demonstrate your expertise.
  3. Get your funded account. Do a good job! You can make up to 85 percent of the profits if you obtain your trading account that is funded.
  4. Take Advantage of Your Earnings. Request withdrawals beginning at $100, with the option to do so just once every 14 days.

Payment Methods at FXCI Prop Firm

It is simple for traders to purchase challenges or withdraw winnings when they use FXCI because the company provides several different payment alternatives. Credit cards, Bitcoin, and several other cryptocurrencies are among the options available. Other payment methods include Stripe, Coinbase, PayPal, and AstroPay. Additionally, the firm is working on developing an online payment processor that would cater to merchants from Nigeria.

Customer Support on FXCI Company

FXCI does an excellent job in this regard, as all pertinent information is clearly available and visible from the site. The firm takes great satisfaction in offering a trading environment that is user-friendly, safe, and transparent.

In addition, there is a blog area with dozens of articles pertinent to traders, as well as a relatively tiny but really helpful Help section where the majority of the issues asked are answered.

Agents from FXCI are available to provide customer assistance around the clock, seven days a week, either through the company’s website, which allows users to send an email, or through social media platforms such as Discord, in addition to the fact that the majority of consumers cite customer service as one of the top aspects of FXCI, the firm presently has a solid rating of 4.5 out of 5 stars on Trustpilot.

Conclusion Review and Analysis About FXCI Prop Firm

Because there is such a wide range of options available to traders, we are able to suggest FXCI to both novices and seasoned professionals alike. While we believe that a free trial option would be beneficial or that the assistance and educational sections of the website could be expanded, the overall quality of the offer here makes it incredibly simple to tailor your trading journey to your specific requirements, particularly if you want to concentrate on Forex trading. That is especially true if you want to trade foreign exchange.

FAQs: About FXCI Prop Trading Company

Are EAs and HFT bots allowed on FXCI?

Yes. Trade with HFT bots, EAs, and automated methods. Automated trading is only allowed during Evaluation and not on Expert accounts.

Selecting strategies and EAs requires consideration of challenge rules. Arbitrage, multi-account hedging, and other trickery are prohibited. Do not use these methods to prevent account suspension.

What max Daily Loss on FXCI? ("Unlimited" Challenge)?

The Maximum Daily Loss is the most you can lose from your previous day's balance.

The Maximum Daily Loss is static and based on your end-of-day balance, which resets at 5 PM EST. FXCI limits 2-Phase "Unlimited" accounts to 5% daily loss.

How do I request a payment at FXCI?

Payments may be requested on your dashboard after you attain $100 in profit bi-weekly, with a minimum of $100. Payouts are processed within 48 hours.

We payout via Deel, where you may choose your withdrawal method. These methods include Payoneer, Wise, Revolut, Crypto, and bank (wire) transfers.

Do I need to have experience in FXCI?

FXCI Evaluation Challenge is for everyone who wants to use their knowledge. Our business will help you even if you lack experience to ensure you never trade alone.

Since the market changes, professional trading is a continual learning process.

Join FXCI to access flexible capital, a transparent evaluation process, and comprehensive support, designed to help traders excel at every stage of their prop trading journey.