SFX Funded prop firm offers funded challenges ranging from 5k USD to 120k USD and there are several challenge types. Traders can access instant funded accounts as well, which have smaller funding options. The maximum funded amount a trader can control via merging numerous funded challenges is up to 400k USD, and there is a scaling plan allowing for up to 3.2 million dollars in virtual funding. However, the promise of up to 100% payouts raises serious red flags about the firm’s legitimacy.
In this SFX Funded review, we will assess the firm’s critical features like safety, fees, funded options, rules, assets, support, and much more using our advanced methodology developed in-house. After reading this review, you will conclude whether SFX Funded can be trusted.
Pros & cons of SFX Funded prop firm
Pros
- Multiple challenge types and funding options
- Competitive pricing for Rapid Challenge accounts
- Offers a scaling plan up to $3.2M in virtual funding
- Limited support options and no multilingual capabilities
- 100% profit-sharing promise appears dubious
Cons
- Strict trading rules with high-profit targets
- Serious issues with safety, few reviews, and only demo accounts provided
- Lack of educational resources and tools
Safety of SFX Funded – 0
SFX Funded reviews are lacking on the FPA platform, as the firm was launched relatively recently. On Trustpilot, the firm has around 100 reviews, which is barely enough to conclude what traders are thinking about the firm. Few traders evaluate the firm with 1-star reviews. When it comes to experience in the industry, SFX Funded was launched in 2024 which makes it a super young prop trading firm. All funded accounts are virtual accounts, meaning traders only access demo accounts.
The firm gets a 0 score in this section, as it is young and lacks important safety features together with having a few trader reviews.
SFX Funded funding and maximum capital allocation – 3
SFX Funded funded programs are diverse and include Rapid Challenge, a 2-step account, and an instant funded account. The Rapid Challenge is the cheapest. Both the Rapid and 2-step evaluation accounts have the same funding options including 7.5k, 15k, 30k, 60k, and 120k USD. The instant challenge offers 5k, 10k, 20k, 40k, and 80k USD funded amounts.
SFX Funded funding options seem diverse, but there are no higher amounts beyond 120k, which makes the firm not very attractive for experienced traders who are looking for large trading accounts. The 7.5k starting challenge size is also big and makes the firm not attractive for beginners either.
SFX Funded challenges, despite being not very attractive in their diversity, still offer decent options for funded traders.
SFX Funded scaling plan allows traders to grow their funded accounts and get up to 3.2 million dollars in virtual funding, which is an impressive amount.
In the end, the firm gets a 3 score in this section.
SFX Funded Assets – 3
SFX Funded prop trading is possible via speculating on several markets like Forex (FX) pairs, popular Cryptocurrencies, globally recognized Indices, and essential Commodities. There are no stocks or futures offered for trading, which is a downside for the firm. Commodities are also limited in diversity. The leverage is 1:30 for all challenge account types.
In the end, the firm gets a 3 score in this section.
SFX Funded Trading rules and limitations – 0.4
SFX Funded rules are slightly different for each of the funded challenge account types. The Rapid SFX Funded challenge accounts have the following rules:
- Profit target – 5%
- Daily loss limit – 3%
- Maximum drawdown – 4%
- Minimum trading days – 0 and 3 (phases 1 and 2)
- Leverage – 1:30
2-step SFX Funded challenge accounts require the following:
- Profit target – 8%
- Daily loss limit – 4%
- Maximum drawdown – 8%
- Minimum trading days – 0
- Leverage – 1:30
Instant SFX Funded challenge accounts require traders to:
- Profit target – None
- Daily loss limit – None
- Maximum drawdown – 6%
- Minimum trading days – 3
- Leverage – 1:30
As we can see, the rules are especially strict regarding risk limits, which makes it difficult to hit the profit target while not beaching risk limits.
Because of these issues, the firm only gets a 0.4 score in this section.
SFX Funded Fees – 3
The pricing seems okay from the firm. To get a clearer picture of the pricing of SFX Funded fees, let’s list them below for each of the funded options.
Rapid SFX Funded challenge accounts have the following one-time fees:
- Funded amount: 7,500 USD – One-time fee: 48 USD
- 15k USD – 60 USD
- 30k USD – 114 USD
- 60k USD – 174 USD
- 120k USD – 294 USD
2-step SFX Funded challenge accounts require the following fees:
- Funded amount: 7,500 USD – One-time fee: 79 USD
- 15k USD – 99 USD
- 30k USD – 189 USD
- 60k USD – 289 USD
- 120k USD – 489 USD
Instant SFX Funded challenge accounts have the following fees:
- Funded amount: 5,000 USD – One-time fee: 325 USD
- 10k USD – 639 USD
- 20k USD – 1,279 USD
- 40k USD – 2,589 USD
- 80k USD – 5,189 USD
As we can see the pricing is very competitive, especially for the Rapid Challenge account which starts from 48 dollars for the 7.5k challenge.
SFX Funded free trial is not available and the SFX Funded free repeat is not offered either, which is disadvantageous for traders as they can not check trading conditions or reset freely.
Overall, the firm gets a 3 score in this section.
SFX Funded Platforms – 2.4
SFX Funded allows access to the popular prop trading platform, Match-Trader. This platform was specifically designed with prop trading in mind and has needy and useful features. However, it is still inferior when compared to MT5 and other advanced trading platforms. Mobile trading is available via the mobile app version of the same platform.
Overall, the firm gets a 2.4 score in this section.
SFX Funded Profit-Sharing – 1
SFX Funded profit split is up to 100% which is a huge red flag. The real profit split ranges from 80-100% for Rapid Challenge and 2-Step Evaluation programs, and 65-100% for Instant Funding accounts. This 100% profit split is more like a marketing gimmick than a real offering, and traders rarely get this many payouts.
For offering low-profit sharing and slow withdrawals, the firm only gets a 1 score in this section.
Education and trading tools at SFX Funded – 0
The firm does not offer any kind of educational resources. There are no webinars or seminars and no video guides either. There is no blog available as well. Blogs are useful for getting insights about trading, and SFX Funded does not offer this feature, indicating inefficiencies in its services. There are no tools offered either, and the firm gets a 0 score in this section.
Customer Support at SFX Funded – 2.4
When it comes to customer support experience, the firm only offers two options, live chat, and email channels. There is no phone support provided, which is a red flag for safety reasons. Both the website and support are in the English language, lacking multilingual capabilities. Overall, SFX Funded received a 2.4 score in the support experience section.
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