FX2 Funding – Firm Review
- Rapid payouts within 24 hours
- Unlimited trading duration with accounts
- Scalping and news strategies permitted
- Minimal evaluation and verification periods
- Mobile app for everywhere trading
# FX2 Funding Review
Company Overview
FX2 Funding is a reputable proprietary trading firm that provides traders with funded accounts to access global financial markets. Founded with the mission to empower traders regardless of their background or capital limitations, FX2 Funding offers an accessible path to professional trading. Their two-phase evaluation process—Challenge and Verification—is designed to identify disciplined and profitable traders who can manage risk effectively.
What sets FX2 Funding apart is their trader-centric approach, offering competitive profit splits, rapid payouts, and various account sizes to accommodate different trading styles and experience levels. With reasonable trading objectives, realistic drawdown limits, and transparent rules, FX2 Funding creates an environment where skilled traders can focus on performance without worrying about capital constraints. Their comprehensive dashboard provides real-time analytics to help traders monitor their progress throughout the evaluation process.
Key Features at a Glance
Challenge Fees
- Standard Challenge – One-time fee ranging from $49 to $949 depending on account size
- Professional Challenge – Higher one-time fee (from $99 to $1,499) with more flexible trading conditions
- Evaluation Reset Option – Affordable retry fee if you fail the challenge
- No Monthly Fees – Pay only once for the evaluation process
Account Types
- Standard Account: Traditional two-phase evaluation with balanced trading parameters for most traders
- Professional Account: Enhanced flexibility with increased leverage and reduced trading days requirement
- Funded Account: After passing evaluations, traders access a real funded account with profit splits
- Demo Account: Free trial option to test the platform before commitment
Profit Split Options
- Standard Split: 80% profit split for traders on funded accounts
- Scaling Plan: Opportunity to increase profit split up to 90% based on consistent performance
- First Payout: Available after completing first profitable month in funded account
- Consistent Payouts: Regular payout schedule with no profit thresholds after initial payout
Account Sizes
- $10,000: Entry-level account for beginners, affordable evaluation fee
- $25,000: Popular mid-size account with balanced risk-reward potential
- $50,000: Advanced account for experienced traders with higher profit potential
- $100,000: Professional-grade account for serious traders
- $200,000: High-capacity account for expert traders with proven strategies
Trading Platforms
- MetaTrader 4 (MT4): Industry-standard platform with advanced charting and automation capabilities
- MetaTrader 5 (MT5): Next-generation platform with enhanced features and more asset classes
- Trader Dashboard: Proprietary analytics interface for tracking performance metrics and challenge progress
Financial Markets
- Forex: Major, minor, and exotic currency pairs with competitive spreads
- Commodities: Gold, silver, oil, and other popular commodities
- Indices: Major global stock indices including S&P 500, NASDAQ, and more
- Cryptocurrencies: Select 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 | 10% | 5% |
| Daily Drawdown | 6% | 6% |
| Maximum Drawdown | 12% | 12% |
| Minimum Trading Days | 5 days | 5 days |
Challenge Specifications
- Max Allocation: Up to $200,000 with potential for scaling to larger accounts based on performance
- Scaling: Traders can scale their accounts up to $300,000 after demonstrating consistent profitability
- Trading Competitions: Regular trading contests with additional cash prizes and bonuses
- Free Trial: Demo account available to test the platform before committing to a challenge
- Profit Targets: 8% for Standard Challenge first phase, 5% for verification; 10% and 5% respectively for Professional Challenge
- Drawdown Structure:
- Daily: 5% for Standard, 6% for Professional accounts (based on account balance at day start)
- Maximum: 10% for Standard, 12% for Professional accounts (based on initial balance)
- Trailing: None – fixed drawdown limits based on initial balance
Trading Rules and Requirements
- No hedging allowed between accounts or within the same account
- Minimum 10 trading days required for Standard Challenge (5 for Professional)
- Trade only during official market hours (no off-market trading)
- Maximum position size of 5% of account equity
- News trading is permitted, but traders are responsible for managing slippage risk
- EAs (Expert Advisors) and algorithmic trading allowed if complying with other rules
- Weekend holding of positions is permitted (except for cryptocurrencies)
- No copy trading or signals from other traders allowed
Company Information
- Founded: 2019
- Headquarters: United Kingdom
- Regulation: Operates through regulated liquidity providers
- Customer Support: 24/5 via email, live chat, and ticket system
- Languages Supported: English, Spanish, French, German, Arabic
- Trader Community: Active Discord group with over 10,000 members
Payout Methods
- Bank Wire Transfer (3-5 business days)
- PayPal (1-2 business days)
- Skrill (1-2 business days)
- Bitcoin and other cryptocurrencies (24 hours)
- Wise (formerly TransferWise) (1-3 business days)
Trading Commissions
- Forex: $7 per lot round turn
- Indices: $7 per lot round turn
- Commodities: $7 per lot round turn
- Cryptocurrencies: $10 per lot round turn
- No hidden fees or charges beyond standard commissions
IP Rules
- VPN use is permitted but must be disclosed in advance
- Trading from multiple locations allowed with prior notification
- Multiple traders cannot share the same IP address without approval
- Traders must verify their identity before receiving payouts
- No location restrictions – traders from most countries accepted
Video Review
FX2 Funding Review
Comprehensive review of FX2 Funding trading services
Unique Features
Trader Support
- One-on-one coaching sessions available for struggling traders
- Weekly webinars covering market analysis and trading strategies
- Detailed performance analytics through proprietary dashboard
- Active community of traders for networking and idea sharing
Flexible Trading Conditions
- No time limit on challenge completion
- Lower minimum trading days for Professional accounts
- News trading allowed with proper risk management
- Weekend position holding permitted
- Multiple account reset options if challenges are failed
Why Choose FX2 Funding?
FX2 Funding stands out in the crowded prop firm industry by offering a genuinely trader-friendly environment. Their program is designed to identify skilled traders and provide them with the capital they need to succeed, rather than setting up obstacles to prevent payouts.
Key advantages include:
- Generous 80% profit split from day one, scalable to 90%
- No time limits on challenge completion
- Reasonable trading objectives that reflect real market conditions
- Fast verification and funding process
- Transparent rules and consistent payouts
- Comprehensive educational resources and trader support
- Multiple account size options to suit different trader needs
- Flexible trading conditions including news trading and weekend holding
Frequently Asked Questions
How long does it take to get funded?
After successfully completing both the Challenge and Verification phases, traders typically receive access to their funded account within 24-48 hours. There is no time limit to complete these phases, so the total time depends entirely on your trading performance.
Can I hold positions over the weekend?
Yes, FX2 Funding allows weekend position holding for most instruments. However, it’s recommended to manage your risk carefully as weekend gaps can impact your drawdown limits. For cryptocurrency trades, weekend holding may have additional restrictions.
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 hedging or exceeding position size limits can lead to account termination. FX2 Funding typically reaches out to traders first to discuss any potential issues before taking action.
Can I trade news events?
Yes, news trading is permitted at FX2 Funding. However, traders are responsible for managing the additional risks associated with news events, including potential slippage and wider spreads. Proper risk management is essential when trading during high-volatility news releases.
How often can I withdraw profits?
After your first profitable month in a funded account, you can request payouts on a bi-weekly or monthly basis. There is no minimum profit threshold for withdrawals after your initial payout, and FX2 Funding processes most payout requests within 2-5 business days depending on your chosen payment method.
