Prime Academy FX is Indonesia’s first prop firm, providing traders with access to trading capital to trade various financial market instruments, such as forex, gold (XAU), and cryptocurrency. Through the prop firm model, traders do not need to provide the entire trading capital from their personal funds.
With fees starting from $38, or approximately IDR 600,000, traders can join a program to obtain a $3,000 account, worth approximately IDR 50 million. However, before gaining access to the account, traders must first pass an evaluation stage to demonstrate their trading skills and discipline in managing risk.
This model gives traders the opportunity to manage a larger account without having to bear the full capital requirement themselves. In addition, rules such as maximum daily and overall drawdown limits help keep risk at a manageable level throughout the trading process.
Prime Academy FX also partners with Eightcap, which provides access to various financial markets with fast execution and low spreads. Other support includes 24/7 service, price feeds, and direct integration with the Prime Academy dashboard.
For those who would like to learn more about the program and registration process, complete information is available on the official Prime Academy FX website at https://primeacademyfx.com/.