Forex firms comparator

Registered office: Dover, Delaware, United States

World Trade Center 200-B, Suite 306, Calle 53 Este, Marbella, Panama City

Youssef Moussa

United States

Panama

The fee paid is reimbursed with the fourth payout. Purchases are final, except payment errors, undelivered services or mandatory legal rights.

Fees are non-refundable once the account is created and access is granted. If payment is taken but no account is delivered, Fundex reviews the case individually.

On demand. After the first payout: 3 days with at least 0.5% realized net profit since the previous payout. No open positions or pending orders; identity verification required.

On demand, with no fixed windows, waiting periods or limit on request frequency. Fundex states that most requests are processed within 60 minutes and all within a maximum of 24 hours, including weekends and public holidays.

Processed within 24 hours after account review and submission of all requested documents. If missed, 100% split for that payout. Bank and blockchain settlement times are excluded.

Up to 50% of profit per request. Capped at USD 2,500 for accounts up to USD 100,000; USD 5,000 for larger accounts. Remaining profit stays in the account.

No published maximum.

USD 25

$50

Pure Market for CFDs. Bitunix provides the market conditions and pricing for crypto perpetuals traded through Fundex Terminal.

CFDs: up to 20:1. Fundex Terminal: 1:1 or 2:1, depending on the instrument.

Up to 4:1 on BTCUSDT and ETHUSDT; up to 2:1 on other cryptocurrencies, with some instruments limited to 1:1.

The Second Try add-on provides one reset if the account is breached. The rewards program Trader tier includes one free retry.

Paid add-ons: unrestricted funded news trading, 90% or 95% profit split, and Second Try.

From USD 10,000 accounts: 12% profit within 3 months adds 25% of the starting balance. Elite is a separate performance-based benefits program.

Static against the initial balance; includes floating losses and costs. Pay After Pass funded accounts have a 6% limit.

• 2-Step Classic: Evaluation uses a 10% static maximum drawdown from the starting balance, measured on equity and reset when Phase 2 begins. Once funded, a 10% drop from the original balance while in B-Book causes a permanent breach.
• 2-Step Pro: 8% static maximum drawdown.

Recalculated at 00:00 UTC from the higher of balance or equity, minus a fixed amount based on initial capital. Flex and Pay After Pass evaluation have no daily limit; funded Pay After Pass applies 3%.

Evaluation: 5%, recalculated at 00:00 UTC from the balance at that time and measured on equity. There is no daily loss limit at the funded stage.

No time limit to pass the evaluation.

No maximum time limit.

7 XP tiers. Purchases and tasks earn XP; 1% to 20% cashback redeemable for discounts. Annual tier review. Higher tiers retain previous benefits.

1-Step and 2-Step Standard: 3 per phase and in funded. Flex: 5 per phase and in funded. Instant: 5 before the first payout. Pay After Pass: 0 in evaluation and 5 in funded. Each day requires at least 0.5% realized net profit; days need not be consecutive.

2-Step Classic starts at a 70% trader profit split. 2-Step Pro starts at 80%. The split applies to eligible A-Book profits generated above the starting balance and after clearing any prior B-Book offset; on 2-Step Pro it is calculated when the payout is requested. Fundex's legal terms state that payments are discretionary bonuses rather than a fixed contractual split.

A free $1,000 Test Account is available to eligible traders who do not currently hold a Fundex account. It uses Fundex Terminal only, with a 10% target, 5% daily drawdown, 10% maximum drawdown and 5 minimum trading days. Profits cannot be withdrawn and completion rewards may vary.

Evaluation: reaching the daily or total loss threshold causes a breach. Funded: permanent breach follows four consecutive unrecovered B-Book switches, or a 10% decline from the original balance while the account is in B-Book.

Multiple evaluations and accounts are allowed. Total funded allocation is capped at $400,000.

Funded accounts can be merged provided their combined balance does not exceed the $400,000 maximum allocation.

• 2-Step Classic: 5 days in each evaluation phase. To count, at least one trade must be opened with a notional value of at least 5% of the account balance before leverage.
• 2-Step Pro: No minimum trading days.

EAs and automated systems are allowed when the underlying strategy is the trader's own. Arbitrage, HFT, martingale, grid, environment-exploitation and external trade-replication systems are prohibited.

Allowed within the same account.

Hedging or arbitraging across Fundex accounts, or between Fundex and external accounts, is prohibited. The website does not clarify internal hedging within one account.

More than 50% of trades held for less than one minute is prohibited.

• 2-Step Classic: During evaluation, every trade must remain open for at least 3 minutes, including when TP or SL is triggered. The first violation generates a warning and later violations may cause a breach. There is no minimum holding time once funded.
• 2-Step Pro: No minimum holding time during evaluation or once funded.

No aggressive scaling outside reasonable limits or 3 or more positions in one losing trading idea. Prior positions must be protected when adding.

Do not use more than 50% of available margin. The firm may impose a 1% maximum risk per trading idea after written notification.

During both evaluation phases, a single trade cannot lose more than 3% of the balance, including floating losses. The first violation generates a warning. This limit does not apply once funded.

Only between accounts held by the same person, including external accounts. EAs and external copiers are allowed; each account must comply individually.

Unrestricted in evaluation. In funded, no opening or closing from 5 minutes before until 5 minutes after high-impact news and FOMC events. The News Trading add-on removes this window. Without it, affected trade profits are removed.

Account closure after 30 days without trades, in both evaluation and funded.

Checked only at payout: Instant and Pay After Pass, 15%; 1-Step and 2-Step, 30%. Each day counts at its highest net profit reached during the day, even if it closes at a loss. Trading may continue until the ratio is met.

Exploiting pricing or platform errors, latency arbitrage, insider trading, front-running, gambling without a strategy and all-or-nothing trading. The strategy must remain consistent between evaluation and funded.

• Latency arbitrage, spike catching and tick manipulation
• Exploiting errors, price-feed delays or technical malfunctions
• HFT inconsistent with realistic retail trading
• Martingale, grid and all-in betting
• Hedging or arbitrage across accounts or firms
• Copy trading, replicated signals and self-copy trading
• Front-running and use of non-public information
• Market manipulation, order spamming and toxic flow
• Materially changing strategy after passing the evaluation
• Gambling behaviour, overleveraging or correlated position stacking