$11 million paid since 2024, payouts sent through Rise in 24 hours on average, and a written 48-hour guarantee: the Dubai-based prop firm puts its proof where traders can check it.
DUBAI, United Arab Emirates. Before buying a challenge, most traders type the same question into Google: does this prop firm actually pay? FXP (thefxp.com), the Dubai-based proprietary trading firm launched in 2024, has decided to answer that question in public. Instead of asking traders to trust it, FXP has laid out the five checks any trader should run on a prop firm before buying a challenge, and the proof behind each of its answers.
The question is fair. The prop firm industry has grown fast, and traders have learned to be careful with their money. “A trader should never have to take a prop firm at its word,” said Pierre, Head of Risk Management at FXP. “Every answer we give here can be checked.”
5 questions to ask before trusting a prop firm
1. Has it really paid traders, and how much?
FXP has paid $11 million to traders since its launch in 2024. The figure is published on the firm’s website and grows with every payout.
2. Who actually sends the money?
FXP payouts are processed through Rise, an independent payout platform. Every payment goes through a third party and leaves a record outside the firm. FXP charges no payout fees; only standard network or banking fees may apply.
3. How long does a payout take, and what happens if it is late?
On average, 24 hours pass between a payout request and the payment. FXP also puts its speed in writing: if a payout is not paid within 48 hours, the trader receives a 100% profit split instead of the standard share. The guarantee runs on business days, from Monday 9am to Friday 5pm, Dubai time.
This is the check most traders forget. A prop firm that does not intend to pay does not set itself a penalty for paying late. A written guarantee with a cost attached is one of the clearest signs that a firm expects to pay.
4. Are all the rules public before you buy?
Every FXP rule is published in the public FXP prop firm FAQ, with worked examples, before a trader pays anything. Traders know in advance what can block a payout and what cannot.
On FXP’s Zero range (Instant Zero, 1 Step Zero and 2 Step Zero), there is no consistency rule and no minimum number of trading days. A single strong day can make up a trader’s entire profit. On an Instant Zero account, payouts unlock as soon as equity reaches a 5% buffer: $105,000 on a $100,000 account.
5. Is there a real company, with real people behind it?
FXP is a registered company based in Dubai Silicon Oasis, United Arab Emirates. Its rules and payouts are overseen by a risk team led by Pierre, Head of Risk Management. Before a first payout, every trader goes through identity verification with a government-issued ID and a recent proof of address, which typically takes 24 to 48 hours. A firm that checks who it pays is a firm that plans to pay.
What FXP says about its early reviews
FXP is open about its beginnings. Growing quickly after its 2024 launch, the firm drew criticism from some traders about payout delays, about how rule decisions were explained and about response times. Some of those reviews remain online, and FXP does not hide from them.
“Traders don’t judge a prop firm by its promises. They judge it on the day they ask to be paid,” said Pierre. “We read the early reviews carefully, and the message was clear: traders want proof, not promises. So we put the proof where anyone can check it: how much we have paid, who sends the money, how long it takes, and what we owe a trader if we are late.”
Frequently asked questions about FXP prop firm
Is FXP legit?
FXP is a proprietary trading firm registered in Dubai Silicon Oasis, United Arab Emirates. Since its launch in 2024, it has paid $11 million to traders, with payouts processed through Rise, an independent payout platform.
Does FXP pay out?
Yes. FXP has paid $11 million to traders since 2024. Payouts take 24 hours on average, and if a payout is not paid within 48 hours on business days, the trader receives a 100% profit split.
How long do FXP payouts take?
24 hours on average, from the payout request to the payment, with a written 48-hour guarantee on business days.
Does FXP have a consistency rule?
Not on its Zero range. Instant Zero, 1 Step Zero and 2 Step Zero have no consistency rule and no minimum trading days. The rules for every account type are listed in the FXP prop firm FAQ.
About FXP
FXP is a proprietary trading firm founded in 2024 and based in Dubai Silicon Oasis, United Arab Emirates. Traders can access up to $2 million in simulated capital, with payouts processed through Rise in 24 hours on average. Learn more at thefxp.com.
FXP provides access to simulated trading programs. All trading takes place on simulated capital.
Media contact
FXP Press Office
support@thefxp.com
