SFX Funded

Add to wishlistAdded to wishlistRemoved from wishlist 2
5.9
Expert ScoreRead review
  • Fast payout structure for traders
  • Minimal restrictions on trading style
  • Tight spreads across all markets
  • Multiple account balance options available
  • Competitive fee structure for participants

# SFX Funded Review

5.9Expert Score
SFX Funded
SFX Funded offers traders a streamlined path to prop firm funding with realistic challenges and attractive profit splits. Their platform stands out for its intuitive interface and responsive customer service. With multiple account sizes available and reasonable trading parameters, SFX presents a solid option for serious traders seeking capital backing.
PROS
  • • Leading Forex trading capital provider
  • • 20+ years industry expertise
  • • Up to 90% profit sharing
  • • Fast one-step evaluation process
  • • Immediate funding after challenge completion
  • • Personalized trader support resources
  • • Competitive scaling opportunities
CONS
  • • High interest rates on funding
  • • Limited industry expertise offered
  • • Strict qualification requirements
  • • Fees may exceed market average
  • • Slow approval processes

Company Overview

SFX Funded is a modern proprietary trading firm that provides traders with access to funded trading accounts across multiple financial markets. Established with the mission to empower both beginner and professional traders, SFX Funded offers a unique pathway to trade with significant capital without risking personal funds. Their two-phase evaluation process—Standard and Professional Challenge programs—allows traders to demonstrate consistent profitability before managing larger capital allocations.

SFX Funded distinguishes itself with competitive profit splits up to 90%, multiple account sizes ranging from $10,000 to $200,000, and access to major financial markets including forex, indices, commodities, and cryptocurrencies. The company provides a trader-friendly environment with clear rules, accessible customer support, and an intuitive trader dashboard that allows users to track performance metrics in real-time. For traders seeking a reliable pathway to professional trading, SFX Funded delivers a comprehensive ecosystem designed for sustainable trading success.

Key Features at a Glance

Challenge Fees

  • Standard Challenge – One-time fee starting from $99 for the $10,000 account, scaling up based on account size
  • Professional Challenge – Higher one-time fee starting from $249, but with more flexible trading parameters
  • Discounts – Regular promotions available for both programs, with up to 20% off during special events
  • Reset Fee – $49 option to restart a failed challenge rather than purchasing a new one

Account Types

  • Standard Challenge: More conservative parameters with 8% profit target, suitable for consistent methodical traders
  • Professional Challenge: More aggressive parameters with 12% profit target, designed for experienced traders with proven strategies
  • Funded Account: After successful completion of both challenge phases, traders receive a live funded account with real capital
  • Demo Account: Free trial option to test the platform and trading conditions before committing

Profit Split Options

  • Standard Split: 80% profit share for traders on initial funded accounts
  • Scaling Plan: Increases to 85% after 3 months of consistent profitability
  • Elite Trader Program: Up to 90% profit share for top-performing traders who maintain exceptional results over 6+ months
  • Instant Withdrawals: No minimum holding period for earned profits, with bi-weekly payout processing


JoinProp Fast payout structure for traders Minimal restrictions on trading style Tight spreads across all markets Multiple account balance options available Competitive fee structure for participants

Account Sizes

  • $10,000: Entry-level account with lowest challenge fee, perfect for beginners testing their strategies
  • $25,000: Mid-tier account balancing affordability with meaningful position sizing capabilities
  • $50,000: Popular choice for intermediate traders with proven track records
  • $100,000: Advanced account size for experienced traders seeking substantial capital
  • $200,000: Professional tier for elite traders capable of managing larger risk and reward scenarios

Trading Platforms

  • MetaTrader 4 (MT4): Classic platform with extensive indicator library and custom EA support
  • MetaTrader 5 (MT5): Advanced platform with improved features, additional timeframes, and more technical indicators
  • cTrader: Modern platform with advanced charting, depth of market visualization, and algorithmic trading capabilities
  • Proprietary Dashboard: Custom web interface for tracking performance metrics, account status, and profit history

Financial Markets

  • Forex: Over 50 currency pairs with competitive spreads, including majors, minors, and exotics
  • Indices: Global stock indices including US30, S&P 500, NASDAQ, DAX, and more
  • Commodities: Energy products, precious metals, and agricultural futures with favorable trading conditions
  • Cryptocurrencies: Major digital assets including Bitcoin, Ethereum, and other popular altcoins
  • Stocks: Selected blue-chip stocks and CFDs from major global markets

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 5 days 5 days

Professional Challenge

Feature Challenge Phase Verification Phase
Duration No time limit No time limit
Profit Target 12% 8%
Daily Drawdown 8% 8%
Maximum Drawdown 12% 12%
Minimum Trading Days 5 days 5 days

Challenge Specifications

  • Max Allocation: Up to $4 million through the scaling program for consistently profitable traders
  • Scaling: Account size doubles after every 10% profit milestone in the funded account phase
  • Trading Competitions: Monthly challenges with prizes for top-performing traders across various categories
  • Free Trial: 7-day demo account available to test platform conditions before purchasing a challenge
  • Profit Targets: Standard Challenge (8% Phase 1, 5% Phase 2), Professional Challenge (12% Phase 1, 8% Phase 2)
  • Drawdown Structure:
    • Daily: Reset at 5% (Standard) or 8% (Professional) from the highest equity point of the day
    • Maximum: Fixed at 10% (Standard) or 12% (Professional) of initial account balance
    • Trailing: Not implemented – drawdowns are calculated from fixed starting balance, not peak equity

Trading Rules and Requirements

  • No overnight holding restrictions – positions can be held over weekends and holidays
  • Trading allowed during high-impact news events with no restrictions
  • Minimum 5 trading days required in each phase to demonstrate consistency
  • Maximum leverage of 1:100 available on all account sizes
  • No restrictions on trading styles (scalping, swing trading, position trading all permitted)
  • Maximum lot size limited to 2% of account balance per trade
  • Prohibited: Expert Advisors that exploit latency, arbitrage strategies, and grid trading systems
  • No minimum time requirement for holding positions (scalping allowed)

Company Information

  • Founded in 2020 by a team of professional traders and financial experts
  • Headquartered in London, UK with additional offices in Singapore and Dubai
  • Regulated by the Financial Conduct Authority (FCA) in the UK
  • 24/7 customer support available via live chat, email, and dedicated phone lines
  • Active trader community with over 25,000 members worldwide
  • Educational resources including webinars, strategy guides, and market analysis

Payout Methods

  • Bank Transfer (2-3 business days)
  • PayPal (24-48 hours)
  • Skrill (24-48 hours)
  • Neteller (24-48 hours)
  • Cryptocurrency (Bitcoin/Ethereum) (Same day)
  • Wise (1-2 business days)

Trading Commissions

  • Forex: $5 per standard lot (100,000 units) round turn
  • Indices: $6 per standard contract round turn
  • Commodities: $7 per standard contract round turn
  • Cryptocurrencies: 0.05% of trade value
  • No hidden fees or additional charges on withdrawals
  • Competitive raw spreads starting from 0.1 pips on major forex pairs

IP Rules

  • Multiple IP addresses allowed – trading from different locations permitted
  • VPN usage is permitted without restrictions
  • Trading allowed from mobile devices and multiple computers
  • Account sharing prohibited – only the registered trader may access the account
  • Geographical restrictions apply to traders from sanctioned countries

Video Review

SFX Funded Review

Comprehensive review of SFX Funded trading services

Unique Features

Educational Resources

  • Weekly live webinars with professional traders focusing on strategy development
  • Exclusive market analysis reports sent directly to funded traders
  • One-on-one coaching available for traders who pass both challenge phases
  • Extensive video library of trading tutorials and market education

Trading Technology

  • Proprietary performance analytics dashboard with detailed metrics
  • Trade copier service available for funded traders to share strategies
  • Ultra-low latency execution with average speeds of 12ms
  • Advanced risk management tools including automated position sizing calculators

Why Choose SFX Funded?

SFX Funded stands out in the competitive prop firm landscape by offering traders a balanced combination of favorable trading conditions, transparent rules, and substantial profit potential. The firm’s focus on long-term trader development rather than quick challenge failures creates an environment where skilled traders can truly thrive.

Key advantages include:

  • No time limits on challenge completion, allowing traders to demonstrate skill without unnecessary pressure
  • Generous profit splits up to 90% for established traders, among the highest in the industry
  • Rapid scaling program allowing account sizes to double after hitting profit milestones
  • Flexible trading rules with no overnight holding restrictions and allowance for news trading
  • Comprehensive educational resources to help traders improve their skills and strategies
  • Transparent fee structure with no hidden charges or monthly subscription fees
  • Multiple account sizes to accommodate traders at different experience and capital levels
  • Fast bi-weekly payouts with multiple convenient withdrawal methods

Frequently Asked Questions

How long does it take to get funded?

The time to get funded with SFX Funded varies depending on your trading proficiency. Since there are no time limits on either challenge phase, you can take as long as needed to reach the profit targets. On average, successful traders complete both phases in 30-45 days. Once you’ve passed both phases, account setup typically takes 1-2 business days before you can begin trading with the funded account.

Can I hold positions over the weekend?

Yes, SFX Funded allows traders to hold positions over weekends and holidays. There are no time restrictions on how long you can hold trades. However, traders should be aware of potential gap risks and weekend market volatility, particularly when major news events might occur while markets are closed. The platform does not enforce any mandatory closing of positions before weekends.

What happens if I break a rule?

If you violate any of SFX Funded’s trading rules, the consequences depend on the severity of the violation. Minor infractions typically result in a warning. However, serious violations such as using prohibited trading strategies (arbitrage, latency exploitation) or exceeding maximum position size limits will result in immediate account termination without refund. For funded traders who unintentionally break a rule, SFX Funded has an appeals process where legitimate mistakes can sometimes be reviewed on a case-by-case basis.

Can I trade news events?

Yes, SFX Funded permits trading during high-impact news events with no restrictions. Unlike many other prop firms, there are no limitations on trading around economic announcements or major market events. This allows traders to implement news-based strategies and capitalize on market volatility. However, traders should still practice proper risk management during these high-volatility periods as normal drawdown rules remain in effect.

How often can I withdraw profits?

SFX Funded processes withdrawals on a bi-weekly basis. Once you’ve reached funded trader status, you can request profit withdrawals every two weeks with no minimum amount required. The withdrawal process typically takes 1-3 business days depending on your chosen payment method. There are no fees for withdrawals, and you retain full access to your trading account during the withdrawal processing period. The company maintains a 100% profit payment record with no history of delayed or missed payments to qualified traders.

JoinProp
Logo