The basic idea is that the Prop firm itself recruits traders with the offer of becoming a professional trader. So, instead of asking the customer to invest funds, as is the case in most financial institutions, in a prop firm, the customer is the one striving to be funded. The process is simple: The customer buys a simulation, provided a goal. The account provided however is a demo account. So the customer is not trading real money but rather paper trading. In essence, the whole model is a virtual one. If and when a customer is successful, and passes the simulation, he gets a funded account.

Before you decide to accept a Challenge, we want to make sure that you know what you are up against.
After you sign up, you can either start a Challenge right away or, as we usually recommend, start with our simulation. In the simulation, you will also have the possibility to test some of our Trading Academy. You will also receive a shortened analysis version of your performance in the simulation. You can retake your simulations and academy courses as many times as you want to make sure you are comfortable.

With the Prop Trading firm, you can get access to an Account with up to $400,000 of fictitious capital. Trade on our simulator to gain real experience and make educated, logical decisions without the stress of:

• Trading with insufficient capital
• Anxiety over potential losses of personal funds
• Psychological stresses
• Lack of discipline
• Constraints on growth
• Inadequate support from your environment

Apart from the exceptions listed below, we accept clients from all around the world. There is no special qualification required. All clients must be at least 18 years old. If you don't know how to trade professionally, then you're in the right place. with FiboexceL Academy and simulations you will gain proper skills.

USA update – January 2024:

Since the establishment of our company, our goal has been to provide top-quality services for our clients. Unfortunately, at present, we are not able to do that in the United States due to specific conditions in the market segment there. Therefore, we have decided to suspend the purchase of the Challenge for our new and existing US clients, both nationals and residents (clients who are non-US nationals but reside in the USA), just as we put a hold on onboarding new US clients. At the same time, we are looking for ways to make it available again to all those interested in trading in the USA. Please note that US nationals who reside outside of the USA are also included in these restrictions and cannot be onboarded. Our existing clients can continue to use the services as normal. Nothing changes for clients, partners and those interested in our services in other markets, as the problem only concerns the specifics of our operations in the US market. Our goal remains that brings value to everyone interested in trading, taking them at least a step further.

Please note that it does not provide services to persons in/from Iran, Syria, Myanmar, and North Korea, persons listed on sanction lists, persons with criminal records related to financial crime or terrorism, and persons previously banned because of breach of contract. In the case of the United States of America, it does not accept clients in Louisiana, South Carolina, Montana, Arkansas, and Delaware. also does not accept clients – legal persons, who are company trusts.

Due to business decisions based considerations, does not provide services to clients in Afghanistan, India, the Russian Federation, the Republic of Belarus, Ukraine (restrictions are limited to the following regions: Crimea, Sevastopol, Donetsk, Kherson, Luhansk, and Zaporizhzhya), the Republic of Indonesia, Cuba, Venezuela, Sudan, and South Sudan.

Step 1: Simulator

A demo account with fictitious capital where you will have to trade according to our trading objectives. You will have superior account conditions in the form of our own solution. If you manage to pass all requirements, you will proceed to the second and final step of the evaluation. A demo account with fictitious capital whereby you verify your performance and consistency one last time.

To conclude a contract for your Account, we will ask you to provide your ID document (passport, national ID card) and complete your identification. The conclusion of the contract is dependent on the finalization of identification procedures in accordance with the internal policies.

The minimum requirement to pass a simulation is to trade for at least 4 trading days (don’t need to be consecutive). The same then applies to the challenge phase, where again we require you to trade for at least 4 trading days.
We do not have any maximum time limit during which you would have to pass our process, you can therefore take as much time as you need.

After you pass all the Trading Objectives in your simulation, you will see a notification in your Account Metrics informing you about your success. We will be automatically alerted that you have passed your simulation and we will proceed to evaluate your trading results accordingly.

After approximately 1-2 business days, we will then send you the new account login credentials for the Verification stage.

You will trade with the same account balance that you traded in your simulator. If you traded with $200,000 in simulation, you would also have access to a $200,000 Account.

To avoid any confusion, please note that all accounts we provide to our clients are demo accounts with virtual funds. After a client becomes a Trader, he/she is provided with login credentials for a demo account.

If you wish to trade with a higher account balance, you can simply apply for another Challenge. Each Challenge needs to be traded from the beginning, regardless of whether you have passed one in the past.

In a Simulation, you can trade freely during all news releases. Our academy offers in-depth training on market news, trading strategies, and navigating market events and announcements.

After you sign up for , you may apply for a simulation by configuring your account parameters. After you submit the order form, you will be redirected to the payment page and you will also receive the order confirmation email.

No, we don’t charge any additional or hidden fees. The one-time fee for a SIMULATOR covers it all, including the Academy. There are absolutely no recurring fees with us. Moreover, your fee will be reimbursed to you when you successfully pass the simulation.

We do not place any limit on the number of accounts you can have in the simulation stage.

Sure we do! In addition to our lifetime free Academy, We constantly develop new features, tools, applications, and educational content for our clients. Following are some of the highlights that make us proud of what we do:

• Statistical Application – The Statistical Application will show you meaningful and number-based probabilities of market behavior that you can use to your advantage.
• Trading Journal – Archiving trading results usually is not one of the favorite activities of most traders, but it is a piece of cake with our Trading Journal.
• Metrics – The Account Metrics is an innovative and unique web application where you can monitor your progress towards becoming the Trader.
• Account Analysis – A comprehensive assessment of your trading period that includes a wide selection of data and statistics.
• Trader’s Analysis – All your trading history including all Free trials, Challenges, Verifications, and Accounts is summarized in a comprehensive analytical tool to unlock deep trading data collected since the beginning of your trading career.
• Academy – In order to become a serious trader, it is essential to have basic and advanced profound trading knowledge. That is why we have developed the Trading Academy, which will help you in your trading journey.
• Equity Simulator – Improve your risk management and calculate your probabilities and chances based on your current trading performance. Available in your Account Metrics.