LFP PropFirm
A professional trader’s trades, within prop-firm rules
LFP PropFirm runs no separate strategy on your account; it is a client of the company’s master account. The LiveForexPower master account carries the company traders’ manual trading only (Trader Experience), within prop-firm rules; and every trade sent to your account, together with every later change to it, is carried out on your challenge or funded account at once: always with a stop, and always through the prop firm’s daily and overall loss guard.
What LFP PropFirm does
A built-in loss guard
A 4% daily and a 10% overall loss limit on the challenge’s starting balance, measured on equity and open positions; before every trade the robot works out the worst case.
A client of the company’s master account
The LiveForexPower master account carries the company traders’ manual trading only (Trader Experience), within prop-firm rules. Trades that arrive from the master account open on your account at 1% of the challenge’s starting balance at risk each.
The trader’s hand on positions
Moving a stop or target, break-even, trailing, closing all or part of a position, and placing, changing or deleting pending orders - all of it happens on your account too.
No grid, no martingale
No trade is enlarged after a loss and nothing is added to a losing position - a rule most prop firms have.
Stops at the broker
Every trade’s stop is held at the broker; if the connection drops, no trade is left unprotected.
A halt from the main account
In unusual markets the company can stop new trades on every account at once; open positions keep their stops.
What the loss guard does, exactly
Both limits are measured from the challenge’s starting balance, not the current one: the balance growing or falling does not change how much loss is allowed.
- Loss is measured on equity, so open positions count too - not only closed trades.
- Before every new trade the robot works out whether the account would stay above both floors if every open position and order, and the new trade, reached its stop; if not, it makes the trade smaller, and if even that does not fit, it does not open it.
- Near either floor, every position and order of the robot is closed: at the daily one until the next day, at the overall one for good.
Track record
LFP PropFirm has no backtest, and we publish no backtest record for it. Its result is the result of the company’s master account trades, part of which are the company traders’ decisions in the moment that cannot be tested on past data in advance. The company’s live account is shown in the site’s live account section, and the past is no guarantee of the future.
LFP PropFirm licences
Each licence covers one MT5 challenge or funded account. The term starts when the robot first runs on the account and does not renew by itself. Every LFP or LFP Grid licence you buy comes with a one-year LFP PropFirm licence as a gift.
Monthly
$130/ month
Each additional account: $104
- A client of the company’s master account: its traders’ manual trades only
- A daily and overall loss guard on equity
- One MT5 challenge or funded account
- Account and position reports in your panel
Three months
$230/ year
Each additional account: $184
- A client of the company’s master account: its traders’ manual trades only
- A daily and overall loss guard on equity
- One MT5 challenge or funded account
- Account and position reports in your panel
Annual
$1,300/ year
Each additional account: $1,040
- A client of the company’s master account: its traders’ manual trades only
- A daily and overall loss guard on equity
- One MT5 challenge or funded account
- Account and position reports in your panel
Getting started
- 1
Register the account
Sign in to the panel with your email and register your MT5 challenge account with one of the LFP PropFirm licences; the licence key is made at once.
- 2
Pay
Pay for the monthly or annual licence in cryptocurrency. Once payment confirms, that same key starts working.
- 3
Install
Download LFP_Prop.ex5 from the panel’s downloads, put it in MetaTrader’s Experts folder, and add the site’s address under Allow WebRequest.
- 4
Run
Drop the robot on a chart, enter the licence key and the challenge’s starting balance, and switch Algo Trading on.
LFP PropFirm questions
How is LFP PropFirm different from LFP?
LFP runs a set of automated strategies directly on your account. LFP PropFirm runs no separate strategy on your account: it is a client of the company’s master account and repeats its trades on your prop account at a fixed risk, through a daily and overall loss guard. That is what makes it suited to challenges and funded accounts.
Is passing a challenge guaranteed?
No. The loss guard prevents failing by breaking the limits, but it does not guarantee reaching the profit target; the result depends on the trader’s trades and can be a loss.
How many trades a month?
It depends on the market and on the trader. There may be days with no trade at all; the robot does not make trades of its own.
Can the loss limits be changed?
A 4% daily and a 10% overall limit on the starting balance are the robot’s defaults and suit most prop firms. Compare them with your own firm’s rules before you start.
Which prop firms does it work with?
Any prop firm that offers MetaTrader 5 and allows expert advisors and trade copying. Read each firm’s own rules - news trading or a consistency rule, for example - before you start.
How do I receive the gift licence?
When an LFP or LFP Grid licence is paid for, a one-year LFP PropFirm licence key for each account is made in your panel and emailed to you. Its year starts when the robot first runs on an account.
Leveraged trading carries a high level of risk. LFP PropFirm does not guarantee passing a challenge or any profit, and this content is not investment advice.