Genesis Forex Funds are looking for the best-in-class traders to join their team. We follow a 1-step evaluation process to access trader’s skills and potential. Successful completion of the evaluation grants traders a simulated funded account. Traders will then remotely manage virtual funds and grow their accounts. “Funded” traders will then receive a share of the simulated profits they generate.

Embark on your journey by navigating to the “Programs” section on the website. Click on “Start” corresponding to your preferred account size to begin the process. This action will guide you to the account creation page. Upon successfully setting up your account, you will promptly receive an email containing your website login details. Once you’ve logged in, you can proceed to acquire your challenge. Once the evaluation is purchased, our system will immediately dispatch your account credentials to your provided email address. Prior to commencing, we highly recommend perusing our FAQ section for comprehensive insights into the specific trading objectives and regulations.

Profit withdrawals can be initiated by traders through their trader dashboard. The initial withdrawal request is available upon request, with a minimum wait time of 14 days after placing your first trade, followed by subsequent withdrawals permitted every 30 days.

We categorize our live traders as independent contractors. Consequently, you will invoice Genesis Funding for your earnings and are responsible for reporting this income to your respective tax authority.

After successfully passing the 1-step evaluation, complete your KYC in the profile section of your trader dashboard. Upon KYC approval, expect to receive the contract and funded account logins within 1-3 business days.

We highly appreciate your skills and expertise, and as a token of recognition for your accomplishments, you will be awarded a certificate from Genesis Forex Funds.

At Genesis Forex Funds, we prioritize transparency within this category, and the concise answer is no. Unlike standard proprietary funding firms typically found on Wall Street, traditional prop firms in the forex industry operate under a distinct model. When traders join traditional forex prop firms, they do not receive actual capital in their Eightcap Trading Platform accounts. When traders reach the “live trader” stage, they engage in simulated/demo trading. They are compensated with commissions in exchange for positive performance during this program phase, adhering to program rules. While performance commissions are disbursed to paper traders in the “live trader” stage, the trade data generated by live traders can be leveraged and employed for additional gains by duplicating these trades into the firm’s proprietary fund. This allows traders to offer their services as “data analysts” to the firm, rendering them eligible for commission payouts ranging from 50% to 80%. These percentages fluctuate based on the value of each trader’s trading data, determined by their performance and regular commission earnings. Market conditions are supplied by a third-party price provider, Eightcap, which traders can use to enhance their skills and earnings based on their performance after successfully completing the evaluation stage and advancing to become a “live trader.” On occasion, we may refer to the “live trader” stage as “funded.” It’s important to note that any mention of a “funded” stage refers to a paper trading account funded with simulated live conditions.

HFT will only be permitted for a short period of time during the evalution stage. We intend to become the market leading, prop firm of choice and HFT will not be available during the evaluation stage forever. If you have passed your evaluation stage using HFT after we stop allowing it, your live account will not be affected and you can continue to trade as normal.