FX2 Funding – Firm Review

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7.3
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  • 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
7.3Expert Score
FX2 Funding
FX2 Funding is a US-based proprietary trading firm founded in January 2023 by David Dombrowsky, offering a streamlined one-step evaluation with a 10% profit target and no time limits. Traders access accounts ranging from $10,000 to $400,000, with scaling potential beyond $1,000,000 and profit splits up to 95% on the cTrader and DXTrade platforms. The firm uses Eightcap as its broker partner and processes payouts via Rise or cryptocurrency, claiming zero missed payouts since launch. With a 6% maximum drawdown and 4% daily loss limit, the risk parameters are straightforward and trader-friendly.
OVERALL SCORE
7.3
PROS
  • • Fast 1-day verification process
  • • Profit splits up to 90%
  • • 85% lower drawdown restrictions
  • • Bi-weekly payouts available
  • • Trading with real market conditions
  • • No time restrictions on challenges
  • • Free educational resources included
CONS
  • • Strict rules may discourage traders
  • • High subscription fees for beginners
  • • Limited trading instrument selection
  • • Profit splits could be higher
  • • Withdrawal processes sometimes slow

Firm Overview

FX2 Funding is a US-based proprietary trading firm launched in January 2023 by David Dombrowsky (CEO), Jacob Scott, and Yoel Bender. Operating as FX2 Funding, LLC, the firm has rapidly built a strong reputation for its trader-first approach, transparent rules, and industry-leading payout record — claiming zero payout denials since launch. FX2 is partnered with Eightcap (an Australian regulated broker) for cTrader accounts and ThinkMarkets for its DXTrade platform, giving traders access to institutional-grade infrastructure.

The firm offers three distinct programs — a 1-Step Standard Evaluation, Instant Funded accounts, and FX2 Futures — with account sizes ranging from $10,000 to $200,000 and a scaling path to $1,000,000+. Its trailing drawdown model, progressive profit split, and fee-refund policy make it one of the more competitive options in the prop firm space.

Evaluation Programs

1-Step Standard Evaluation

FX2 Funding’s flagship program is a single-phase evaluation. Traders must reach a 10% profit target on their chosen account while keeping within a 6% trailing max drawdown and a 4% daily drawdown limit. There is no time limit, meaning traders can take as long as they need. Upon passing, the evaluation fee is fully refunded at first payout.

Instant Funded Accounts

For traders who want to skip the evaluation entirely, FX2 offers Instant Funded accounts — live capital from day one. Accounts follow the same risk parameters as funded evaluation accounts. Commissions are set at the same rate charged by the liquidity provider, and the profit split starts immediately.

FX2 Futures

FX2 Futures allows traders to access real regulated futures markets with no consistency rules. This program is ideal for traders who prefer exchange-traded futures instruments with transparent pricing and full access to CME/CBOT market depth.

Challenge Specifications

Parameter Evaluation Phase Funded Account
Profit Target 10% No target (withdraw anytime)
Max Drawdown 6% trailing 6% trailing
Daily Drawdown 4% 4%
Time Limit None None
Min Trading Days None None
Inactivity Rule 30 days max 30 days max
Profit Split 75% → 80% → 85% (up to 95%)
Fee Refund Yes, on first payout

Account Sizes & Pricing

Account Size Price Max Drawdown Daily Drawdown
$10,000 $95 $600 $400
$25,000 $190 $1,500 $1,000
$50,000 $285 $3,000 $2,000
$100,000 $475 $6,000 $4,000
$200,000 $925 $12,000 $8,000

Payout Methods

  • Rise (bank transfer): Direct bank transfers processed within 48 hours via FX2’s payment partner, Rise
  • Cryptocurrency: USDT, Bitcoin, and other major cryptocurrencies accepted for fast global payouts
  • Payout frequency: Every 14 days (bi-weekly), with first payout available 7 days after being funded
  • 5-Day payout add-on: Optional upgrade to request payouts every 5 days
  • Minimum payout: 1% of initial account balance
  • Processing time: Less than 48 hours
  • Fee refund: Evaluation fee fully refunded at first payout

Trading Platforms

  • cTrader (via Eightcap): FX2’s white-label cTrader offering with deep liquidity through Australian regulated broker Eightcap. Full suite of charting, automated trading (EAs), and copy trading tools.
  • DXTrade (via ThinkMarkets): Modern web-based platform with native TradingView chart integration for a comprehensive trading experience. Ideal for traders who prefer TradingView’s interface.

Trading Commissions

Instrument cTrader DXTrade
Forex & Metals $4 / lot (round trip) $7 / lot (round trip)
Indices & Energies Commission-free Commission-free
Crypto Commission-free Commission-free

Key Trading Rules

  • News trading: Permitted, but trades opened within 5 minutes of a high-impact release are a soft breach — profits removed, account not terminated
  • Expert Advisors (EAs): Permitted during evaluation; reviewed by FX2 before the funded account is granted
  • Copy trading: Permitted across all programs
  • Weekend holds: Permitted — no restriction on holding positions over the weekend
  • HFT / latency arbitrage: Strictly prohibited — results in immediate account termination
  • Trailing drawdown: Calculated from highest closed balance; locks at starting balance once a 6% gain is reached
  • Daily drawdown reset: Calculated at 5pm EST based on the higher of closed balance or open equity
  • Inactivity: Account terminated after 30 consecutive days without trading (advance notice accepted)

Company Information

  • Founded: January 2023
  • CEO: David Dombrowsky
  • Co-founders: Jacob Scott, Yoel Bender
  • Entity: FX2 Funding, LLC (US-based)
  • Broker partners: Eightcap (cTrader), ThinkMarkets (DXTrade)
  • Payout partner: Rise
  • Payout record: Zero payout denials claimed since launch
  • Max allocation: Up to $1,000,000 per trader

Unique Features

Trailing Drawdown That Locks at Breakeven

FX2’s trailing drawdown is based on the highest closed balance — not intraday equity highs. Once a trader achieves a 6% gain, the drawdown stops trailing and permanently locks at the original starting balance, meaning the downside risk never exceeds starting capital.

Progressive Profit Split

FX2 rewards consistent performers. The split starts at 75% on the first payout, rises to 80% on the second, and reaches 85% from the third payout onwards. An optional 95% profit split add-on is available at checkout.

Evaluation Fee Refund

FX2 Funding refunds the full evaluation fee on the trader’s first funded payout — effectively making the challenge free for successful evaluators.

Scaling to $1,000,000

Every time a trader achieves 10% profit and withdraws their share, FX2 increases the account size by 10% — with no upper limit until the trader reaches $1,000,000 in funded capital.

Multiple Program Types

FX2 caters to all trader types: Standard 1-Step Evaluation for those who want to prove their edge, Instant Funded for immediate live capital, and FX2 Futures for exchange-traded futures with no consistency rules.

Why Choose FX2 Funding?

  • 1-step evaluation with no time limit — pass entirely at your own pace
  • Trailing drawdown locks at starting balance once you’re up 6%
  • Evaluation fee fully refunded on your first funded payout
  • Progressive profit split: 75% → 80% → 85%, with optional 95% add-on
  • Two professional platforms: cTrader (Eightcap) and DXTrade (ThinkMarkets + TradingView)
  • Bi-weekly payouts processed within 48 hours via Rise or Crypto
  • Zero payout denials claimed since January 2023 launch
  • Three programs: Standard Evaluation, Instant Funded, and FX2 Futures
  • Scaling plan up to $1,000,000 in allocated capital
  • News trading, copy trading, and EAs all permitted

Frequently Asked Questions

How does FX2 Funding’s trailing drawdown work?

FX2 uses a trailing drawdown based on your highest closed balance — not intraday highs. The 6% trailing buffer follows your equity up as you profit. Once you achieve a 6% gain from your starting balance, the drawdown permanently locks at the original starting balance, so you can never lose more than your initial capital.


Is the evaluation fee refundable?

Yes. FX2 Funding refunds the full evaluation fee on your first funded payout. If you pass the challenge and receive your first payout, you effectively paid nothing to get funded.


How often can I withdraw my profits?

Funded traders can request payouts every 14 days (bi-weekly), with the first payout available 7 days after being funded. An optional 5-day payout add-on is available at checkout. The minimum withdrawal is 1% of the initial balance and processing takes less than 48 hours.


Can I use Expert Advisors (EAs)?

Yes, EAs are permitted during the evaluation. FX2 reviews all EAs before granting the funded account. HFT algorithms, latency arbitrage, and tick-scalping bots are strictly prohibited across all programs.


What is the profit split at FX2 Funding?

The profit split is progressive: 75% on your first payout, 80% on your second, and 85% from the third payout onwards. Traders can purchase the 95% profit split add-on at checkout for maximum earnings.


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