FundYourFX – Firm Review
- Fast capital scaling for top performers
- Rapid payouts processed within hours
- Varied account options suit all traders
- Sophisticated yet simple evaluation process
- Global solutions for currency specialists
Company Overview
FundYourFX is a modern proprietary trading firm designed to empower forex traders with substantial capital access. Established with the mission of providing both novice and experienced traders the opportunity to trade with professional-level accounts, FundYourFX offers a structured two-phase evaluation process before providing funded accounts.
The company distinguishes itself through its clear challenge structure, competitive profit splits, and trader-friendly conditions. Unlike many competitors, FundYourFX focuses primarily on forex markets, offering specialized support and conditions optimized for currency traders. With multiple account sizes ranging from $10,000 to $200,000, traders can select options that match their experience level and trading style.
FundYourFX provides both Standard and Professional challenge paths, allowing traders to choose based on their experience level and risk tolerance. Their evaluation process is designed to identify disciplined, consistent traders who can demonstrate responsible risk management while achieving profit targets.
Key Features at a Glance
Challenge Fees
- Standard Challenge – One-time fee starting from $99 for $10K accounts, with pricing scaled based on account size
- Professional Challenge – Higher one-time fee (starting from $199 for $10K accounts) but with more aggressive trading parameters
- Reset Fee – Discounted opportunity to restart a failed challenge without paying the full initial fee
- No monthly subscription fees after achieving funded status
Account Types
- Standard Challenge Account: Traditional two-phase evaluation with conservative profit targets (8% and 5%) and more restrictive drawdown limits
- Professional Challenge Account: Accelerated evaluation with more aggressive profit targets (12% and 8%) and slightly more flexible drawdown parameters
- Funded Account: Live trading account with real capital after successfully passing both evaluation phases
Profit Split Options
- Initial Split: 80/20 – Traders receive 80% of profits while FundYourFX retains 20%
- Scaling Plan: After consistent performance, traders can qualify for 90/10 profit splits
- Performance Bonuses: Additional incentives available for exceptional trading results
Account Sizes
- $10,000: Entry-level account ideal for beginners with appropriate risk parameters
- $25,000: Mid-tier account with balanced risk-reward conditions
- $50,000: Advanced trading account for experienced traders
- $100,000: Professional-level account with higher profit potential
- $200,000: Maximum account size for highly skilled traders
Trading Platforms
- MetaTrader 4 (MT4): Industry-standard platform with robust charting capabilities and extensive indicator library
- MetaTrader 5 (MT5): Advanced platform offering more timeframes, technical indicators, and analytical tools
- Mobile Trading: Full support for iOS and Android mobile trading applications
Financial Markets
- Forex: Comprehensive selection of major, minor, and exotic currency pairs with competitive spreads
- Metals: Trading available for gold, silver, and other precious metals
- Indices: Access to major global stock indices
- Cryptocurrencies: Selected crypto pairs available for trading
Challenge Programs Detail
Standard Challenge
| Feature | Challenge Phase | Verification Phase |
|---|---|---|
| Duration | No time limit | No time limit |
| Profit Target | 8% | 5% |
| Daily Drawdown | 5% | 5% |
| Maximum Drawdown | 10% | 10% |
| Minimum Trading Days | 10 days | 10 days |
Professional Challenge
| Feature | Challenge Phase | Verification Phase |
|---|---|---|
| Duration | No time limit | No time limit |
| Profit Target | 12% | 8% |
| Daily Drawdown | 6% | 6% |
| Maximum Drawdown | 12% | 12% |
| Minimum Trading Days | 10 days | 10 days |
Challenge Specifications
- Max Allocation: Up to $200,000 in trading capital after successful evaluation
- Scaling: Up to 25% increase in account size every 3 months based on performance metrics
- Trading Competitions: Monthly competitions with cash prizes and account upgrades for top performers
- Free Trial: No free trial currently available
- Profit Targets: Different targets based on challenge type (8-12% for Challenge Phase, 5-8% for Verification Phase)
- Drawdown Structure:
- Daily: 5-6% limit from previous day’s closing balance
- Maximum: 10-12% overall account drawdown from initial balance
- Trailing: No trailing drawdown – fixed maximum drawdown model
Trading Rules and Requirements
- Minimum 10 trading days in both Challenge and Verification phases
- No overnight holding restrictions – positions can be held over weekends
- No restrictions on trading news events or economic releases
- No lot size restrictions beyond standard risk management parameters
- No duplicate trades across multiple accounts (one strategy per trader)
- No arbitrage, hedge exploitation, or use of manipulative strategies
- Maximum 4-hour inactive time allowed for open positions (no high-frequency algorithms)
Company Information
- Founded in 2021
- Headquarters in London, UK
- Regulated by financial authorities in the United Kingdom
- 24/5 customer support via live chat, email, and phone
- Active community forum and educational resources for traders
- Average payout processing time of 2-3 business days
Payout Methods
- Bank Wire Transfer (3-5 business days)
- Skrill (1-2 business days)
- Neteller (1-2 business days)
- Bitcoin/Cryptocurrencies (24-48 hours)
- PayPal (1-3 business days)
Trading Commissions
- Forex pairs: Standard market spreads with no additional markup
- Indices: Low commission structure of approximately $5 per standard lot
- Metals: Competitive spreads with minimal commission
- Cryptocurrencies: Variable spread depending on market conditions
- No hidden fees or overnight swap charges during the challenge phases
IP Rules
- Maximum of 3 different IP addresses allowed per account
- VPN usage permitted but must be declared in advance
- No simultaneous logins from different locations
- Geographic restrictions apply in certain countries due to regulatory requirements
- IP changes must be registered with customer support for security purposes
Video Review
FundYourFX Review
Comprehensive review of FundYourFX trading services
Unique Features
Trader Support
- Dedicated account manager for funded traders
- Weekly trading webinars with professional analysts
- Trading psychology coaching sessions
- Comprehensive educational resource library
Platform Advantages
- Advanced real-time trading dashboard with performance metrics
- Custom indicator package for MT4/MT5
- Trade analytics and pattern recognition tools
- Mobile alerts and notification system
Why Choose FundYourFX?
FundYourFX distinguishes itself in the competitive prop firm landscape through its trader-centric approach and specialized focus on forex markets. The company has built its reputation on reliability, transparency, and creating genuine opportunities for traders to access significant capital.
Key advantages include:
- No time limits on challenge completion – trade at your own pace
- Generous 80/20 profit split with scaling opportunities to 90/10
- No restrictions on trading styles or strategies (swing, day trading, scalping all allowed)
- Overnight and weekend position holding permitted
- News trading allowed without restrictions
- Competitive one-time fee structure with no recurring charges
- Dedicated trader support and educational resources
Frequently Asked Questions
How long does it take to get funded?
The time to get funded depends entirely on your trading performance. Since FundYourFX doesn’t impose time limits on challenges, you can complete them at your own pace. On average, successful traders complete both phases within 1-2 months. After passing the Verification Phase, account setup and funding typically takes 1-3 business days.
Can I hold positions over the weekend?
Yes, FundYourFX allows position holding over weekends and holidays. This flexibility accommodates swing traders and those who prefer longer-term strategies. However, traders should be aware of potential gap risks and increased volatility that can occur when markets reopen after weekends.
What happens if I break a rule?
Rule violations are handled on a case-by-case basis. Minor infractions may result in warnings, while serious violations like exceeding maximum drawdown limits will result in immediate account termination. FundYourFX provides a detailed rulebook upon registration, and their support team is available to clarify any uncertainty about trading rules before you begin.
Can I trade news events?
Yes, FundYourFX permits trading during news events and economic releases. Unlike some prop firms that restrict trading around high-impact news, FundYourFX believes traders should have the freedom to implement their strategies without limitations. However, they recommend proper risk management during volatile market conditions.
How often can I withdraw profits?
Funded traders can request profit withdrawals every 30 days. The minimum withdrawal amount is $100, and there is no maximum limit beyond your available profits. Processing times vary by payment method but typically range from 1-5 business days. There are no withdrawal fees, though payment processors may apply their own transaction charges.
