About Ferm

A little about Ferm. A lot about you.

Ferm is a perps prop firm. Pass a 1-step simulated challenge, unlock a funded account, and keep up to 90% of qualifying profits, with every rule published up front.

Meet Ferm Official Rulebook

Operated byFermTrading, Inc.

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What Ferm is

A perps prop firm, not a broker.

Ferm is a perps prop firm. You purchase a challenge, trade on the Ferm terminal against real market data, and prove you can grow an account while staying inside published risk limits. Challenge, Funded, and Active orders are synthetic. After passing and completing eligibility checks, qualifying profits are payable by Ferm under your agreement.

No completion deadline; 30-day inactivity rule applies

Challenges and funded accounts are not live brokerage accounts. They’re simulated accounts with transparent rules, enforced automatically on every trade. There’s no deposit beyond the challenge fee, and you do not reimburse ordinary simulated trading losses. This does not excuse fraud or other independently actionable misconduct.

Ferm lists 96 tradeable markets across crypto perpetuals, forex, indices, commodities, and equities. See the full market list or read the Official Rulebook for every limit that applies.

Who it's for

Built for a specific kind of trader.

Multi-asset traders
One terminal for crypto perpetuals, forex, indices, and commodities instead of juggling several brokers.
Traders building consistency
A structured challenge with clear profit targets and drawdown limits, instead of risking personal capital first.
Funded-account seekers
A published path from challenge to payout-eligible funded trading, with a published 30-day inactivity rule.
The Arcex community
Traders already on Arcex who want a challenge and funded track built into the same ecosystem.