Myth01
“You need thousands of dollars in capital to start.”
Evaluation fees start at $10. There are no deposits and no broker funding to worry about – the account is fully simulated.
Forex simulated evaluation
Trade forex,on simulated accounts up to $150K.
Educational evaluation on 60+ currency pairs – majors, minors, and exotics – with leverage up to 1:50. Pass one evaluation and continue on a simulated evaluation account. Reward coefficient up to 90% on simulated profits under the evaluation programme.
- 1:50
- Max leverage
- 60+
- Currency pairs
- 90%
- Reward coefficient
- 8h
- Avg Performance Reward
EUR/USD1.08460
+0.05%GBP/USD1.26310
0.12%USD/JPY151.940
+0.19%AUD/USD0.65820
0.26%USD/CAD1.35640
+0.33%EUR/GBP0.85840
0.40%NZD/USD0.59010
+0.47%USD/CHF0.88420
0.54%EUR/JPY164.830
+0.61%EUR/USD1.08460
+0.05%GBP/USD1.26310
0.12%USD/JPY151.940
+0.19%AUD/USD0.65820
0.26%USD/CAD1.35640
+0.33%EUR/GBP0.85840
0.40%NZD/USD0.59010
+0.47%USD/CHF0.88420
0.54%EUR/JPY164.830
+0.61%NZD/USD0.59010
+0.47%USD/CHF0.88420
0.54%EUR/JPY164.830
+0.61%GBP/JPY191.950
0.08%AUD/JPY100.070
+0.15%CHF/JPY171.830
0.22%EUR/AUD1.64780
+0.29%GBP/AUD1.91850
0.36%EUR/CAD1.47100
+0.43%NZD/USD0.59010
+0.47%USD/CHF0.88420
0.54%EUR/JPY164.830
+0.61%GBP/JPY191.950
0.08%AUD/JPY100.070
+0.15%CHF/JPY171.830
0.22%EUR/AUD1.64780
+0.29%GBP/AUD1.91850
0.36%EUR/CAD1.47100
+0.43%EUR/AUD1.64780
+0.29%GBP/AUD1.91850
0.36%EUR/CAD1.47100
+0.43%AUD/CAD0.89290
0.50%USD/SGD1.34370
+0.57%USD/MXN17.2350
0.64%EUR/USD1.08460
+0.05%GBP/USD1.26310
0.12%USD/JPY151.940
+0.19%EUR/AUD1.64780
+0.29%GBP/AUD1.91850
0.36%EUR/CAD1.47100
+0.43%AUD/CAD0.89290
0.50%USD/SGD1.34370
+0.57%USD/MXN17.2350
0.64%EUR/USD1.08460
+0.05%GBP/USD1.26310
0.12%USD/JPY151.940
+0.19%Configure your evaluation
Pick your account size. Start in minutes.
Select account size, drawdown profile, and Performance Reward rules. Instant checkout, credentials delivered within 5 minutes. Availability depends on your jurisdiction; residents of certain countries (incl. the US) are restricted.
SELECT ACCOUNT SIZE
Trading Objectives
Evaluation Goal6%
Max Daily Loss4%
Max Loss4%
Min. Trading Days-
Trading PeriodUnlimited
Reward CoefficientUp to 80%
Why trade forex with us
Professional conditions. No compromises.
60+ currency pairs
Majors, minors, and exotics – from EUR/USD and GBP/JPY to USD/ZAR. Trade the pairs you know best with tight spreads from tier-1 liquidity providers.
Leverage up to 1:50
Capital-efficient position sizing: 1:50 on majors, 1:50 on crosses, and competitive leverage on exotics. Risk rules still cap your daily exposure.
Up to 90% reward coefficient
Keep the vast majority of simulated profits as performance-based rewards. Up to a 90% Reward Coefficient – no hidden tiers.
No time limit, EAs allowed
Trade at your pace on most evaluations. Expert Advisors, automated strategies, and news trading are permitted. No arbitrary style restrictions.
Trading platform
One platform. Full forex support.
MetaTrader 5, the industry-standard cockpit. One account, clear rules, 60+ pairs.
MetaTrader 5
The industry standard for forex and metals trading with advanced charting, Expert Advisors, and deep liquidity.
- Advanced charting with 80+ indicators
- Expert Advisors (EA) support
- Desktop, web, and mobile apps
- One-click trading
When each pair moves
Sessions, liquidity, and pair selection
Liquidity and volatility shift with the sun. Pick pairs that match the session you actually trade – this is the single pair reference for the page.
| Session | Hours (UTC) | Pairs that move | What to expect |
|---|---|---|---|
| Sydney | 22:00–07:00 | AUD/USDNZD/USDAUD/NZD | Week opens here. Moderate liquidity, calm ranges – decent for scalping AUD and NZD pairs. |
| Tokyo | 00:00–09:00 | USD/JPYAUD/JPYEUR/JPY | JPY crosses come alive. Steady trends driven by Asian equities and Bank of Japan policy. |
| LondonPeak | 08:00–17:00 | EUR/USDGBP/USDEUR/GBP | Deepest liquidity of the day. Tightest spreads on EUR and GBP as European banks open. |
| New YorkPeak | 13:00–22:00 | EUR/USDUSD/CADGBP/USD | High-impact US data and dollar flow. Peak window for trend continuation and reversals. |
London–New York overlap (13:00–17:00 UTC) delivers the tightest spreads and the highest volume of the day.
What most Participants get wrong about forex prop evaluations
We hear the same misconceptions from new applicants every week. Here is what the simulated evaluation actually involves.
Myth02
“My money is at risk with the broker.”
There is no broker deposit and no client capital on the account. Every order routes to a simulated environment with live-market pricing.
Myth03
“1:50 leverage will wipe me out instantly.”
Leverage only amplifies position size. Our daily-loss and max-loss rules cap simulated exposure every day – you cannot blow past them.
Myth04
“Prop firms hold Performance Rewards for weeks.”
Performance-based rewards on simulated profits are processed in 8 hours on average via crypto, bank, or Rise.
Limited-time discount
Start your forex evaluation20% cheaper
Works across all NEO NOVA, NEO DUO, and NEO EXPRESS evaluation sizes.
NEOM Funded vs typical prop firms
Why Participants pick NEOM Funded for forex
Side-by-side on the metrics that actually matter for forex evaluations – fees, leverage, pair coverage, and Performance Reward speed.
| Feature | NEOM Funded | Typical firm |
|---|---|---|
| Evaluation fee | From $10 | From $89 |
| Max leverage | 1:50 on majors | 1:30 |
| Currency pairs | 60+ incl. exotics | 28 majors/minors |
| Reward coefficient | Up to 90% | 80% cap |
| Average Performance Reward time | 8 hours | 2–5 business days |
| Time limit on evaluation | No time limit | 30-day window |
| News trading | Allowed | Restricted or banned |
| Expert Advisors (EAs) | Allowed | Often restricted |
| Platforms | MetaTrader 5 | MT4 only |
| Evaluation fee refund | 100% on second Performance Reward | Partial or none |
How It Works
Your Evaluation in 4 Simple Steps
Four steps from checkout to Performance Rewards: choose a NEO NOVA, NEO DUO or NEO EXPRESS evaluation, hit the Evaluation Goal while staying inside the daily and maximum drawdown limits, receive a simulated funded evaluation account of up to $150K, then request Performance Rewards every two weeks with an 8-hour average processing time. Most challenges have no time limit and no minimum trading days.
Step 1
Choose Your Challenge
Pick a forex evaluation that matches your trading style – NEO NOVA, NEO DUO, or NEO EXPRESS – with account balances from $1.5K to $150K on MetaTrader 5.
Step 2
Pass the Evaluation
Demonstrate your trading skills by hitting the Evaluation Goal while staying within the drawdown limits. Trade at your own pace with no time limit on most challenges.
Step 3
Get Your Simulated Funded Account
Once you pass, you receive a simulated evaluation participation account with simulated capital. Trade on MT5 with the same rules from your evaluation phase.
Step 4
Participate & Receive Performance Reward
Keep up to 90% of the simulated profits under the Performance-Reward model. Request Performance Rewards bi-weekly and receive your Performance Reward eligibility within 8 hours on average.
Start Today
Pass the Evaluation Up to $150K –Start in Minutes
Pass one evaluation. Trade a simulated funded account. Earn up to a 90% Reward Coefficient on your simulated performance. Receive your Performance Reward in ~8 hours on average.
- One-time fee
- Refundable on second Performance Reward
- No subscription
FAQ
You can trade 60+ currency pairs including all majors (EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CHF, NZD/USD, USD/CAD), popular crosses (EUR/GBP, GBP/JPY, EUR/JPY, AUD/NZD), and exotics (USD/ZAR, EUR/TRY, USD/MXN). You can also trade metals – gold (XAU/USD) and silver (XAG/USD) – on the same MetaTrader 5 forex feed within your simulated funded evaluation account.
Forex Simulated Evaluation Participation with NEOM Funded
NEOM Funded is a premier destination for forex Participants seeking professional simulated funded evaluation accounts. Our forex prop trading program gives you access to over 60 currency pairs across majors, minors, and exotics, with institutional-grade execution on the MetaTrader 5 platform. Whether you are a scalper, day Participant, or swing Participant, our forex challenges are designed to evaluate your skills fairly and reward consistent performance with a simulated funded evaluation account up to $100,000.
60+ Forex Pairs with Competitive Conditions
Trade all the major currency pairs including EUR/USD, GBP/USD, USD/JPY, AUD/USD, and USD/CHF. Our cross pair selection covers popular combinations like EUR/GBP, GBP/JPY, AUD/NZD, and EUR/AUD. For Participants who thrive on volatility, exotic pairs such as USD/ZAR, EUR/TRY, USD/MXN, and GBP/NOK are available with competitive spreads sourced from top-tier liquidity providers.
CFD Trading Conditions
All forex trading at NEOM Funded is conducted through CFDs (Contracts for Difference), allowing you to profit from both rising and falling markets without owning the underlying currencies. Our CFD conditions include leverage up to 1:100 on major pairs, no dealing desk execution, and spreads that remain competitive during all major trading sessions including the London-New York overlap.
Trading Platforms
Forex Participants trade on MetaTrader 5 (MT5). MT5 offers Expert Advisor support, MQL5 scripting, and advanced backtesting capabilities, along with comprehensive charting tools. It delivers fast execution and mobile access for trading on the go.
Forex Challenge Types
- 1-Step Challenges: Hit a single Evaluation Goal (8-10%) and pass the simulated evaluation in one phase.
- 2-Step Challenges: Split targets across two phases for a more gradual evaluation.
- Instant Funding: Skip the evaluation and start trading a simulated funded evaluation account immediately.
NEOM Funded serves Participants in many countries (subject to jurisdictional eligibility; restricted countries apply), with Performance Rewards issued to funded Participants. Our forex simulated funded evaluation accounts feature no consistency rules, same-day Performance Reward processing, and Reward Coefficients up to 90%. Explore our pricing to find the right account size and start your forex trading evaluation today.