Terms & Conditions

Last Updated

December 17, 2025

Agreement Overview

Welcome to FY Prop Firm. These Terms and Conditions ("Agreement") govern your participation in our proprietary trading program. By accessing our services, you agree to be bound by these terms.

FY Prop Firm provides capital to qualified traders through our evaluation and funding program. This agreement outlines the rights, responsibilities, and obligations of both parties.

Definitions

"Company"

FY Prop Firm and its affiliates

"Trader"

Individual participating in our trading program

"Challenge"

Evaluation phase to demonstrate trading skills

"Funded Account"

Live trading account with company capital

Challenge Rules & Requirements

Single-Phase Challenge

  • • Profit Target: 15%
  • • Daily Drawdown: 5% EOD trailing real-time
  • • Maximum Drawdown: 8% real-time trailing
  • • Time Limit: None

Two-Phase Challenge

  • • Phase 1 Profit Target: 10%
  • • Phase 2 Profit Target: 5%
  • • Daily Drawdown: 5% EOD static
  • • Maximum Drawdown: 10% static

Liquidity Challenge

  • • Payout Target: 30% (in 10% steps)
  • • Daily Drawdown: 5% EOD static
  • • Maximum Drawdown: 10% trailing/locking
  • • Risk per trade: 1.5% max

Violation Consequences

  • • Hard Breach: Immediate account termination for exceeding loss limits.
  • • Prohibited Strategies: Use of HFT, aggressive scalping, arbitrage, or copy trading from another FY Prop account will result in termination.
  • • All violation decisions are final and non-appealable.

Profit Sharing & Payouts

Profit Split Structure

Profit sharing applies to all net profits generated on funded accounts. The standard split is 80% for the trader and 20% for the company.

Payout Schedule

Payouts are processed monthly. You must complete KYC verification and have a minimum of 5 trading days in the cycle to be eligible.

Legal & Compliance

Risk Disclosure

Trading involves substantial risk and is not suitable for all investors. Past performance is not indicative of future results. You are responsible for all trading decisions.

Termination Rights

FY Prop Firm reserves the right to terminate accounts for rule violations, suspicious activity, or breach of this agreement without prior notice.

By using our services, you acknowledge that you have read, understood, and agree to be bound by these Terms and Conditions.