Introduction
Tradexprop is a proprietary trading firm operating under the legal entity Forest Park FX LTD, based in Kuching, Sarawak, Malaysia. Established in early 2023, the firm offers commission-based simulated trading programs designed to provide traders with access to capital without risking personal funds. Evaluation takes place via demo accounts, and upon successful completion, traders receive profit splits from virtual or real funded accounts. Tradexprop emphasizes transparency, fairness, and trader empowerment in a competitive industry.
Company Overview
Tradexprop is operated by Forest Park FX LTD, a private entity headquartered in Kuching. The company positions itself as an evaluation-based prop firm and does not accept client deposits or operate as a financial broker. Its leadership includes Dixon Teo as the CEO. The platform has built a reputation for its user-friendly structure, public business identity, and consistent communication regarding rules and policies.
Funding Programs
Tradexprop offers five distinct programs for forex and cryptocurrency traders:
One-Step Evaluation (Forex & Crypto)
- Forex: 10% profit target, 5% daily loss, 6% static drawdown, 50:1 leverage
- Crypto: 9% target, ±3% daily cap, 6% drawdown, 5:1 leverage for major cryptocurrencies, 2:1 for others
Two-Step Evaluation (Forex & Crypto)
- Forex:
- Stage 1: 8% profit target
- Stage 2: 5% profit target
- 5% daily loss, 8% total drawdown, 50:1 leverage
- Crypto:
- Stage 1: 8% profit target
- Stage 2: 5% profit target
- 3% daily cap, 6–9% total drawdown depending on stage
Instant Funding X (Forex & Crypto)
- No evaluation required
- No profit target
- 5% daily loss, 8% trailing drawdown
- Up to 90% profit split with add-on
- 50:1 leverage
- Weekend and automated trading enabled
Crypto Evaluations
Crypto-specific one-step and two-step evaluations are structured similarly to the forex programs but include daily caps due to market volatility.
Account Sizes and Fees
Account sizes range from $5,000 to $400,000. Evaluation fees vary depending on program type and account size. Entry-level two-step evaluations start at approximately $35, with premium options reaching up to several thousand dollars for larger instant-funded accounts.
Trading Conditions and Risk Controls
Leverage
- Up to 50:1 on forex
- Up to 5:1 on BTC and ETH
- Up to 2:1 on other crypto assets
Drawdown and Risk Rules
- Evaluations use static drawdown
- Instant Funding uses trailing drawdown based on peak equity
- 5% daily loss limit applies across all programs
- Loss limits reset daily
Consistency Rule
A consistency rule is applied if a trader earns more than approximately 45% of their total profits in a single day. When triggered, this rule adjusts the target or equity requirement to ensure consistent performance.
News Trading and Weekends
Trading around high-impact economic news is restricted. Trades must not be opened or closed within a specified window—typically three minutes—before or after such events. Weekend trading is allowed on most forex programs and is default-enabled on crypto accounts.
Platforms and Instruments
Tradexprop offers access to three primary trading platforms:
- DXtrade
- cTrader
- MatchTrader
These platforms support advanced charting tools, algorithmic strategies, and mobile trading. The firm allows trading in a wide range of instruments:
- Forex: Major, minor, and exotic currency pairs
- Commodities: Crude oil, natural gas
- Indices: S&P 500, Nasdaq 100, Dow 30, FTSE 100
- Metals: Gold, silver
- Cryptocurrencies: Bitcoin, Ethereum, Litecoin, and others
Trades are routed through institutional liquidity providers, not retail brokers. This results in better execution speeds and tighter spreads.
Payouts and Profit Distribution
Profit Split
- Default profit split is 80%
- Optional upgrade available for up to 90% on Instant Funding X
Withdrawal Terms
- Funded traders can request withdrawals every 30 days
- First payouts can occur as soon as a trader hits the profit target
- Minimum withdrawal amounts are typically around $100 or 1% of the account balance
Payment Methods
Payouts are processed via:
- Traditional banking networks
- PayPal and major credit cards
- Cryptocurrency wallets through selected providers
Processing times vary but are generally completed within one to three business days.
Support and Community
Tradexprop offers support via multiple channels:
- Live chat during business hours (GMT+8 timezone)
- Email for general inquiries and technical issues
- Phone support
- Discord community with over 2,000 active members
The Discord server also provides weekly outlooks, platform updates, and event notifications. The firm maintains an active presence on social media platforms, providing regular educational and analytical content.
Reputation
Tradexprop has established a credible presence in the proprietary trading space. Traders consistently report that the platform operates with clarity, adheres to its own rules, and processes payouts promptly. Company information is publicly listed, and the firm has disclosed its headquarters and leadership team. While relatively new, Tradexprop has avoided controversies or reported payout denials, which bolsters confidence in its operations.
Pros and Cons
Pros
- Multiple funding paths including instant funding
- Clear, enforceable trading rules
- Institutional-grade spreads and execution
- Competitive profit splits up to 90%
- Transparent pricing and risk management
- Fast and flexible payout processes
- Weekend and algorithmic trading enabled
Cons
- Trailing drawdown in Instant Funding may limit aggressive trading
- No educational services for beginner traders
- Evaluation rules may be complex for new users
- News trading restrictions limit some strategies
- No scaling plan available
Suitability
Tradexprop is designed for intermediate to experienced traders who:
- Trade consistently and methodically
- Prefer transparent funding terms
- Want rapid access to profit withdrawals
- Use automated strategies or hold trades over weekends
It may not be suitable for:
- Complete beginners without experience in risk control
- Traders seeking firm-sponsored educational courses
- High-frequency traders relying on news-driven volatility
Conclusion
Tradexprop offers a comprehensive suite of proprietary trading programs with a clear emphasis on structure, discipline, and trader performance. With competitive leverage, a wide range of instruments, and reliable platform access, it provides a strong environment for those seeking capital-based trading opportunities. The firm’s consistency rule, static and trailing drawdown limits, and fast payout processing set it apart in a crowded market. While it may not suit all trading styles, especially those dependent on news events or requiring coaching, Tradexprop remains a solid choice for disciplined and performance-driven traders looking for scalable funding.
