The Funded FX prop firm offers funded challenges of up to 200k USD in virtual funding. The profit sharing is up to 90%, which is competitive. The smallest funded challenge starts from 2,000 USD, which is very beginner-friendly. The price is 30 USD, which is also competitive. However, we have reviewed firms that offer even lower pricing and are very reliable. The leverage is up to 1:100 which seems super flexible.
In this Funded FX review, we will evaluate the firm’s most critical aspects such as safety, rules, funded options and types, pricing, platforms, assets, support, and more.
Pros & cons of The Funded FX prop firm
Pros
- Offers funded challenges from 2k to 200k USD
- The pricing starts at $30, which is competitive
- The profit-sharing ratio is up to 90%, which is high
- Leverage is up to 1:100
- No educational resources
- Only web trading platform
- No multilingual support
Cons
- Only offers demo accounts
- Lacks trader reviews, experience, and partnership with regulated brokers
- The website is messy and lacks clear information
- Strict rules prohibit news trading, overnight holding, and weekend holding
Safety of The Funded FX – 0
The Funded FX reviews are zero on the Forex Peace Army (FPA) platform. This is typically a red flag, as trader reviews are critical when evaluating prop firms’ safety. So we decided to check Trustpilot and the firm has around 25 reviews, which is a very low number to determine how reliable the firm is. When it comes to experience in the prop trading industry, the firm was launched in 2024, making it very young and inexperienced in its sector. Furthermore, all funded challenges are simulated accounts, meaning traders can only access demo accounts even after they pass the evaluation and become funded. Another critical aspect is if the prop firm’s trading is backed by the regulated broker and the Funded FX is not partnered with regulated brokers or liquidity providers, making it a risky prop firm.
As a result, the firm gets a 0 score in this section as it lacks all crucial safety aspects.
The Funded FX Funding and maximum capital allocation – 3
There is only one The Funded FX funded program which is a 1-step challenge where traders have to hit the profit target to get funded. The website of the firm is very messy, and it is extremely difficult to find information about its challenges, which is already a red flag. Hiding terms and conditions is always a bad sign, and there might be hidden rules that are difficult to find unless you breach them and fail the evaluation.
The Funded FX funding options include 2k, 5k, 10k, 25k, 50k, 100k, and 200k USD amounts, which are really diverse and attractive for beginners.
The Funded FX challenges lack diversity as there are no other types of funding models such as 2-step and instant challenge, which is a downside. When it comes to the maximum funding amount, it is capped at 200k USD, which is also not attractive for experienced traders.
The Funded FX scaling plan is not available, as traders have to purchase their challenge account from the start.
Overall, the firm gets a 3 score in this section.
The Funded FX Assets – 2
The Funded FX prop trading assets include popular major FX pairs, indices, and commodities. There are no stocks or cryptos available, which is a downside for multi-asset traders. The maximum leverage is up to 1:100 which is more than enough to control serious buying power.
Overall, the firm gets a 2 score in this section for offering only a handful of asset classes.
The Funded FX Trading rules and limitations – 0.8
The Funded FX rules include a 10% profit target, a 10% maximum drawdown, and a 5% daily loss limit. The 10% maximum drawdown is flexible. News trading, overnight holding, and weekend holding are not allowed. Traders can not use EAs or automated trading systems, as the firm offers an inferior platform that does not support them.
Overall, the firm gets a 0.8 score in this section for only providing a 10% maximum drawdown and having very strict rules overall.
The Funded FX Fees – 2
The pricing at The Funded FX is truly competitive, starting at 30 dollars for the 2k 1-step challenge. Here is a full list of one-time fees for each funded option offered by the firm:
- Funded amount: 2,000 USD – One-time fee: 30 USD
- 5k USD – 60 USD
- 10k USD – 100 USD
- 25k USD – 200 USD
- 50k USD – 300 USD
- 100k USD – 500 USD
- 200k USD – 1000 USD
The Funded FX free trial is not offered and The Funded FX free repeat is not available either, which is a big downside. Traders can not check trading conditions without purchasing actual challenges, and can not start over for free in case they fail at the evaluation. Spreads are not zero, which is disadvantageous for traders who want to use scalping strategies.
The firm gets a 2 score in this section.
The Funded FX Platforms – 0.9
The firm only provides access to a custom web trading platform, which is far inferior to the popular advanced platforms like MT4 and MT5, and does not support custom indicators or automated trading robots. Mobile trading is not available.
The firm gets a 0.9 score in this section for only providing a web platform.
The Funded FX Profit-Sharing – 3
The Funded FX profit split is up to 90%, but the firm does not provide details about the starting payout percentage and how traders can increase it up to 90%. Withdrawal processing takes 1-3 business days, which is slightly slow and there are no commissions charged from the firm’s side.
Withdrawals can be made via several options like Perfect Money, USDT/Tether, BTC, and bank transfer.
As a result, the firm gets a 3 score in this section.
Education and trading tools at The Funded FX – 0
The firm does not offer educational resources. There is no blog, which is also a downside. The lack of webinars, trading courses, and video guides is disadvantageous for beginner traders. There are no tools provided to make traders’ lives easier.
Overall, the firm gets a 0 score in this section for lacking all crucial educational resources.
Customer Support at The Funded FX – 2.4
Customer support is 2nd most important after safety, and the firm only provides access to live chat and email options. There is no phone support. The firm also lacks multilingual support and a website, which is also a downside.
As a result, the firm only gets a 2.4 score in this section.
Frequently Asked Questions on The Funded FX
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