There are no FXRK reviews on the FPA, which is a red flag. On Trustpilot, the firm has around 500 reviews, of which most of the comments are positive with an 88% 5-star evaluation, indicating the firm should be reliable. Another important aspect of safety evaluation is to check the firm’s experience. FXRK was launched in 2024, which makes it incredibly young and inexperienced in the prop trading industry. The firm is partnered with IC Markets, which is a regulated Forex and CFDs broker. This is a very crucial element of prop firms’ safety.

The firm gets a 2.5 score in this section as it has positive reviews and is partnered with a regulated broker.

FXRK funded programs are two, 1-step, and 2-step. Each FXRK funding challenge account has access to the same range of funding options, including 5k, 15k, 25k, 50k, 100k, and 200k USD. Both FXRK challenges require traders to hit profit targets. The 2-step account requires it two times and the 1-step only once. 

The FXRK scaling plan is available and requires traders to achieve consistency in their trading of 2.5% per month for at least 4 months to be eligible for the scaling plan. A scaling plan is important for experienced traders to grow their accounts beyond the maximum funding option offered by the firm. Since the firm lacks a $1 million funding option and there are also no 1,000 USD accounts, it receives a 3 score in this section. 

FXRK prop trading is possible by speculating on multiple markets of Forex pairs, commodities, indices, and cryptos. Forex pairs include both majors and minors, and there are also exotic pairs. Commodities include precious metals and energies. Index pairs include popular equity indexes across various markets. Cryptos include popular instruments such as BTC and ETH. The firm lacks access to stocks.

Overall, the firm gets a 3 score in this section. 

FXRK rules are slightly different for each funded account type. The 1-step challenge requires traders to hit the 10% profit target once. The 2-step challenge requires 8% and 5% profit targets for phases 1 and 2. 

Here are all the rules for FXRK 1-step challenge accounts:

• Daily loss limit - 3%
• Maximum drawdown - 6%
• Weekend holding - Yes
• News trading - Yes

The FXRK 2-step challenges require the following:

• Daily loss limit - 5%
• Maximum drawdown - 10%
• Weekend holding - Yes
• News trading - Yes

The firm allows news trading and holding open positions on weekends, which is attractive for trend traders and swing traders. 

The firm gets a 2 score in this section. 

Pricing on FXRK challenges starts below 100 USD, which is competitive. Both funded account types have the same starting price of 59 USD for 5k USD challenges. Both challenges have the same pricing, which is a one-time fee. This ensures traders can select suitable challenges and trade at their own pace. Here is a one-time fee list for each funded challenge:

• Funded amount: 5,000 USD - One-time fee: 59 USD
• 15k USD - 99 USD
• 25k USD - 199 USD
• 50k USD - 319 USD
• 100k USD - 499 USD
• 200k USD - 999 USD 

As we can see, the pricing is super competitive, especially for 1-step challenges. 

The FXRK free trial is not offered by the firm, and the FXRK free repeat is not available either, which is a downside.

Overall, the firm gets a 3.5 score in this section. 

The firm offers access to MetaTrader 4 (MT4) and MetaTrader 5 (MT5) advanced trading platforms. These platforms allow custom indicators and automated trading robots (EAs). Mobile trading is available using MT5 and MT4 mobile apps. There are tens of built-in indicators. 

Overall, the firm gets a 5 score in this section for allowing EAs and all features. 

FXRK profit split is 80%, and traders can increase it up to 90%, which is attractive and competitive. Payouts are weekly and can be requested every Tuesday. The firm payout can be requested after 14 days of trading on a funded account. Withdrawals take between 1-2 business days, which is quick. 

The firm gets a 4 score in this section. 

The firm lacks educational materials, which is a downside. There is a trading blog, and the firm offers tools to evaluate trader’s performance. However, there are no webinars, trading courses, or video guides. 

Overall, the firm gets a 1.5 score in this section. 

The firm offers two customer support options, including live chat and email channels. There is no phone support, which is a downside. Both the website and support are available in English and Spanish, which is not enough to call the firm a multilingual prop firm.

Overall, the firm gets a 2.4 score in this section.