FXCI prop firm offers funded accounts from 5k to 200k USD. The firm was launched in 2023 making it a very young proprietary trading company that lacks experience in the industry. The firm also has very few reviews online, making it difficult to conclude it is a legitimate and safe firm. Lacking trader reviews is generally a red flag, as there is no trader experience to reference when evaluating a firm.
In our FXCI review, we are going to assess the firm’s critical features such as safety, assets, funding options, rules, fees, platforms, education, and more.
Pros & cons of FXCI prop firm
Pros
- Offers an 85% profit split, which is competitive within the industry
- Utilizes the DXTrade platform, which is tailored specifically for prop trading with integrated TradingView charts
- Allows traders to complete their challenges at their own pace
- Offers live chat and email support, along with a disclosed business address
Cons
- Only provides access to trading in Forex, indices, and commodities
- The firm lacks a regulated broker and offers only simulated accounts
- Does not offer popular trading assets like stocks and cryptocurrencies
- Imposes very strict rules with a 3% daily loss limit and a 5% maximum trailing drawdown
- Charges high fees for account challenges, starting from 99 USD
- Only offers a trading blog with no comprehensive educational resources like courses or webinars
- Has few reviews and ratings, making it difficult to gauge user satisfaction and trustworthiness
Quick rating of FXCI and its features
| FPA Score | Not yet rated |
| Year founded | 2023 |
| Headquarters | Liverpool, United Kingdom |
| Minimum audition fee | 99 USD |
| Fees on withdrawals | 1% |
| Minimum funded amount | 5,000 USD |
| Maximum funded amount | 200,000 USD |
| Allowed daily loss | 3% |
| Profit target | 10% |
| Maximum trailing drawdown | 5% |
| Profit sharing (Payouts) | 85% |
| Trading Platforms | DXTrade |
| Available trading markets | Forex, indices, commodities |
Safety of FXCI — 0
FXCI reviews are lacking on the FPA platform, as the firm is young and lacks crucial experience in the prop trading industry. This lack of reviews and trader feedback is consistent throughout other platforms such as Trustpilot, where the firm has few reviews, 10% of which are 1-star ratings. The firm only offers simulated accounts and does not use a regulated broker to allow traders access to live markets. While the quotes might be offered by its partner liquidity provider, who also provides the DXTrade platform, the lack of regulated broker partners is a serious red flag. The firm is also inexperienced, having been established recently, making its safety questionable even more.
The firm gets a 0 score in this section, for offering almost no safety net to its clients.
FXCI Funding and maximum capital allocation — 3
FXCI funded programs are two, one-step, and two-step challenges, but the firm fails to offer a clear list of fees for each of the funded options. The naming for these accounts is, boosted, and unlimited funded challenges. The boosted challenge requires traders to hit a profit target in one evaluation phase, after which they become funded traders. The unlimited FXCI funding on the other hand has two phases where traders need to hit the profit target twice before they can be considered eligible for funded accounts. Both of these funded accounts offer the same maximum funding range and both of them lack a lower funded amount, which is a downside. However, we can not recommend this firm to our readers anyway.
FXCI challenges have unlimited time, allowing traders to speculate on markets at their own pace. The exact funded amounts are 5k, 10k, 25k, 50k, 100k, and 200k US dollars which is a decent range itself.
FXCI scaling plan is not available at the moment and the firm will offer it in the near future. Overall, the firm receives a 3 score in this section for offering slightly above the mediocre funding experience.
FXCI Assets — 1.5
FXCI prop trading assets are scarce as the firm only offers access to Forex pairs, indices, and commodities on all its simulated trading accounts. There are no stocks or cryptos offered as of now, which is a serious downside for the FXCI prop trading firm. The maximum leverage is capped at 1:100, allowing traders to open positions with 100 times their funded accounts, which is a serious number and also highly risky.
Overall, the firm gets a 1.5 score in this section for offering very few trading assets and lacking popular assets like cryptos and stocks.
FXCI Trading rules and limitations — 0.8
FXCI rules are extremely strict, as the firm requires traders not to lose more than 3% of their account balance on any given trading day. Trying to achieve a 10% profit target while risking no more than 3% daily is going to be a lengthy and painful process, especially for strategies like swing trading and trend trading that require higher risk-taking. The maximum drawdown is also low at 5% which makes it very difficult for strategies other than scaling to hit the profit target in a reasonable timeframe, making FXCI one of the most strict firms to pass the evaluation.
The firm allows open positions overnight, but not over the weekends. News trading is also allowed. The firm only receives a 0.8 score in this section for offering very strict rules and only a few allowances.
FXCI Fees — 1.5
FXCI fees are expensive, starting from 99 bucks on 10k accounts and being 200 USD on 50k, and 949 USD on 200k. The firm has other funded options but fails to list their respective fees visibly on its website, which is a huge downside of this prop firm.
FXCI free trial is offered by demo credentials and the link to the DXTrade trading platform, where traders can check trading conditions and spreads using these credentials.
FXCI free repeat is not offered at this point, which is a downside as traders need to purchase funded account challenges every time they fail to pass the challenge. Therefore, the firm gets a 1.5 score in the fees section for offering expensive fees.
FXCI Platforms — 2.4
FXCI provides access to a DXTrade prop trading platform which was specifically designed for prop trading. The platform has integrated TradingView charts and offers a multitude of built-in indicators. The platform has a dashboard where traders can manage their balance and use various tools for market analysis. Overall, the firm received a 2.4 score in the platforms section for offering the DXTrade advanced platform tailored to prop trading activities.
FXCI Profit-Sharing — 3
FXCI profit split is capped at 85% and traders can not increase it any further, even with paid upgrades. Despite this, 85% profit is still a competitive percentage and allows traders to withdraw a significant portion of their prop trading profits. However, the firm is not entirely safe and there is still plenty of room for it to turn into a scam. We do not recommend our readers to purchase its challenges unless there is substantial evidence with positive reviews.
The firm promises 1-2 business days processing for all payouts, which is the average time for withdrawals for most popular prop firms. Overall, FXCI receives a 3 score in this section for mediocre profit-split experience.
Education and trading tools at FXCI — 1.5
From educational resources, FXCI only offers a blog. There are no trading courses, webinars, or video tutorials. The trading blog consists of various posts about trading and market insights. The blog is divided according to popular topics such as FXCI company news, Forex basics, instruments, news, trading psychology, and FXCI trading tips. All these materials are free to read and while not offering a decent substitution for proper education, they are still useful for traders. The trader dashboard has several tools to help traders analyze their performance and check their compliance with the firm’s strict rules, which is always a useful feature. For offering a trading blog with free educational materials, the firm receives a 1.5 score in this section.
Customer Support at FXCI — 2.4
The firm offers email and live chat support options as its main customer support experience channels. Despite not having hotline support, it still discloses its address on the website, which is a good sign. The website as well as the support are only available in two languages, English and Spanish, which is not enough to call the firm a multilingual prop trading firm. There is also an online form, but it is a form of email support, as the customer receives answers via the email channel. Overall, FXCI receives a 2.4 score in this section for offering an average customer support experience.
Frequently Asked Questions on FXCI
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