Frequently Asked Questions

FOREX KNIGHTS is a prop trading firm that provides traders with the opportunity to trade with capital up to $200,000. We identify talented traders through our evaluation process and reward them based on their trading performance.

The process consists of two steps: the FK Challenge and Verification. Once you pass both stages, you receive an FK Account where you trade our capital and keep up to 90% of the profits you generate.

While we don't have strict experience requirements, you should have a solid understanding of trading, risk management, and the financial markets. We recommend starting with our Free Trial to test your readiness.

Yes, FOREX KNIGHTS is available in over 140 countries. We serve traders from virtually every corner of the globe, with our customer base spanning all continents.

The FK Challenge is the first step of our evaluation. You need to reach a profit target of 10% while respecting maximum loss limits (10% overall, 5% daily). You have 30 calendar days to complete it.

Verification is the second step with a reduced profit target of 5%. You have 60 calendar days to complete it. The same loss limits apply (10% overall, 5% daily).

Yes, you can purchase a new FK Challenge at any time. We also offer a Free Retry if you didn't violate the Maximum Loss rule and traded at least 10 days during the Challenge.

We offer account sizes of $10,000, $25,000, $50,000, $100,000, and $200,000. Each comes with corresponding fee levels.

You need a minimum of 4 trading days in both the Challenge and Verification stages. A trading day is any day where you open at least one position.

The Maximum Daily Loss is 5% of your initial account balance. This is calculated based on your closed and open positions' P&L combined with swaps and commissions within a single day.

The Maximum Loss is 10% of your initial account balance. Your equity must never fall below this threshold at any point during your trading.

Yes, you can hold positions over the weekend. However, be aware of potential gaps that may occur when the market opens on Monday.

Yes, you can trade during news events on your FK Account. There are no restrictions on news trading for FK Account holders.

FK traders receive up to 90% of the profits they generate. The default split is 80/20, with the possibility to increase to 90/10 through the Scaling Plan.

If you achieve a 10%+ net profit over 4 consecutive months with at least 2 profitable months, your account balance increases by 25% and your profit split moves to 90/10.

Payouts are processed on a bi-weekly or monthly basis, depending on your preference. The first payout is available 14 calendar days after the first trade on your FK Account.

Yes, Expert Advisors and automated trading strategies are allowed on all our platforms. However, certain prohibited strategies like arbitrage or tick scalping are not permitted.

We accept credit/debit cards, bank transfers, and various crypto payment options. All payments are processed securely through our payment partners.

Yes! When you successfully pass both the Challenge and Verification stages and receive your FK Account, the Challenge fee is refunded with your first profit split.

Yes, invoices are generated automatically for all purchases and payouts. You can find them in your Client Area under the Billing section.

We offer MetaTrader 4, MetaTrader 5, and cTrader. You can choose your preferred platform when purchasing the FK Challenge.

Platform changes are possible between stages (e.g., from Challenge to Verification). However, switching during an active stage is not supported.

Yes, all three platforms offer mobile applications for both iOS and Android, allowing you to monitor and manage your trades on the go.

Account MetriX is our proprietary analytics dashboard that shows your real-time trading performance, including balance curve, drawdown levels, profit targets, and rule compliance.

Our Trading Journal automatically logs your trades and lets you add notes, screenshots, and tags. It's a powerful tool for reviewing and improving your trading decisions.

Yes, all FOREX KNIGHTS apps are included at no extra cost for all Challenge, Verification, and FK Account holders.

The Premium Programme is an exclusive tier for our most successful traders. It includes benefits like increased account sizes, better profit splits, priority support, and exclusive networking events.

Qualification is based on consistent profitable performance on your FK Account over an extended period. The specific criteria include sustained profitability and disciplined risk management.

Premium members enjoy 90% profit split, priority customer support, access to Premium-only events and webinars, exclusive merchandise, and the potential for higher account sizes.