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Comparator

Forex firms comparator

Pick two prop firms and see them side by side: rules, plans, platforms, leverage, commissions and payouts, next to each one's discount.

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Head to head

57 differences

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Headquarters

56 Alekou Konstantinou, Strovolos, 2024, Nicosia, Cyprus

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

CEO

Revin Zabala

No data
Country

Cyprus

Panama

Foundation

2024

2025

Banned Countries
Cuba, Syria, Iran, Lebanon, Iraq, Yemen, North Korea, Cyprus
Pakistan, Afghanistan, Myanmar, Iraq, Somalia, Sudan, South Sudan, Libya, Yemen, United Arab Emirates, North Korea, Iran, Syria, Cuba, Belarus, Russia
Assets
Commodities, Forex, Indices, Crypto
Forex, Commodities, Indices, Stocks, ETFs, Crypto
Brokers

Liquidity Provider

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

Refund
Yes

Full refund after 3rd payout. Not available for Instant Funding Accounts and 1-step Nitro X Accounts

No

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.

Payout Fee

5% processing fee on crypto payouts (covers blockchain costs, liquidity swaps, and infrastructure). Only TRC20 USDT supported for crypto payouts.

No data
Platforms
cTrader, TradeLocker, MatchTrader, Metatrader 5
MatchTrader, Propietary Platform
Demo Account
MatchTrader
ID-Passwordpzddx08j7q
TradeLocker
ID-PasswordK8aqkT,YR_gn
cTrader
IDctid8638354Passwordspreadtest
Metatrader 5
ID100003PasswordAemI1#0n0G0ServerFundedTraderMarkets-server
No data
Stop Out Level

100%

No data
Payout Methods
Crypto, Rise
Rise
Payment Methods
Card, Crypto
Card, Crypto, ApplePay, GooglePay
Margin Call Level

110%

No data
Payout Frequency

On Demand, provided you have met these specific criteria:

  • Consistency Rule
  • Minimum Payout Amount of 1% of Initial Balance (Before-Split)
  • Minimum Trading Days

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.

Payout Guarantee

The 24-hour payout guarantee ensures that you are eligible to receive your full payout within 24 business hours of your payout request. If Funded Trader Markets fail to meet this time frame, they will double the requested payout and issue a free account of the same size. This guarantee is only applicable for payouts up to $1000.

No data
Crypto Weekend Trading
No data
Yes
Maximum Withdrawal
  • 2-Step Prime: $15,000 per month
  • 1-Step Nitro X: $5,000 per account and request, and required to leave a buffer of 50% of the profits
  • Crypto payouts: $5,000 per transaction (TRC20 USDT only)

No published maximum.

Minimum Withdrawal
  • 1-Step Nitro X: Must make at least a 3% profit before withdrawal
  • All other accounts: 1% of initial balance

$50

Forex
100:1
100:1
Metals
30:1

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

Energies
30:1
20:1
Indices
30:1
20:1
Crypto
  • BTC, ETH: 5:1
  • Other crypto: 2:1

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

Stocks
No data
1:1
Forex
7 / lot
No data
Metals
7 / lot
No data
Energies
7 / lot
No data
Indices
0
No data
Crypto
0
0.02% - 0.06%
Swap Free
Yes

All accounts are swap free

No
Account Reset

A reset gives a trader who has violated their account rules (such as exceeding the Daily or Overall Loss Limit) the ability to restore the account to its original starting balance paying a fee, and begin trading again.

1-Step Nitro X (Evaluation Phase)

  • Reset Limit: Unlimited
  • Reset Window: Within 30 days of the original purchase date

1-Step Nitro and 1-Step Nitro X (Funded Phase)

  • Reset Limit: One-time only

Instant Standard

  • Reset Limit: One-time only
  • Reset Window: Within 24 hours after the breach
No data
Add-ons
Yes

90% Profit Split (2-Step Plus): It has no cost on money but Shield Risk Protocol will apply now on evaluation phase as well

No
Instant
Yes
No
One Step
Yes
No
Account scaling
No
No
Two Steps
Yes
Yes
Max Drawdown
  • Instant, 1-Step: Trailing
  • 2-Step: Static
  • 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.
Profit Split

Instant Standard, Instant Pro

  • 1st payout: 50%
  • 2nd payout: 60%
  • 3rd payout: 70%
  • 4th payout and next: 80%

Instant Plus

80%

2-Step Plus

70% (up to 90% with 2-Step Plus add-on)

1-Step Nitro

90% for the first $10,000 and 80% after that

1-Step Nitro X

100%

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.

Free Trial
No
Yes

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.

Profit After Breach

If your Simulated Funded account with Funded Trader Markets is in profit but has been breached, you may still qualify for a withdrawal with a 50% split, provided the following conditions are met:

  • Stop Loss Usage: Every trade had an SL in place.
  • Loss Limits: No single position incurred a loss exceeding 1% of the account's initial balance.

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.

Daily Drawdown

Highest balance or equity recorded at the end of the day (EOD high-watermark

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.

Three Steps
No
No
Max Allocation

Evaluations

  • 2-Step Plus: $200,000
  • 1-Step Nitro: $300,000
  • 1-Step Nitro X: $150,000

Instant Funding

  • Instant Standard: $100,000
  • Instant Pro: $100,000
  • Instant Plus: $100,000
400,000
Merge Accounts
Yes
Yes

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

Maximum Trading Days

Unlimited

No maximum time limit.

Minimum Trading Days
No data
  • 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.
Monthly Competition
No
No
Minimum Profitable Days

1-Step Nitro / 1-Step Nitro X

  • Evaluation: no minimum days.
  • Funded Simulation: 5 minimum days, only days with ≥0.5% profit count.

2-Step Plus

  • Evaluation: 3 minimum days per phase.
  • Funded Simulation: 5 minimum days, only days with ≥0.5% profit.

Instant Standard / Pro / Plus

  • Payout eligibility: 5 minimum days, only days with ≥0.5% profit count.
  • Instant Pro: trading-day requirement can be removed with a checkout add-on.
No data
Maximum Accounts
No data

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

Expert Advisor (EA)
Yes
Yes

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.

VPN
Yes
No
Hedging
Yes
Limited

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

Requires Stop Loss
No
No
Scalping
Yes
Limited
  • 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.
Stacking / Layering (DCA)
Yes
No
Martingale
Yes

Martingale and layering are allowed per account (increasing position size after a loss, or opening multiple positions in the same direction at different price levels). Running these strategies across multiple accounts simultaneously is prohibited and counts as abusive behavior.

No
Maximum Risk Limit
Yes

Shield Risk Protocol

Maximum Floating Loss Limits

  • Instant Plus, 2-Step Plus: Maximum floating loss = 1% of account balance

Breach Consequences

  • Breach it once = 80% profit split drops to 50%
  • Breach it repeatedly = payout share reduces permanently to 40%, 30% and finally 20%
Limited

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.

Copy Trading
Yes

Built-in Copy Trading lets traders link their own FTM accounts and mirror trades, including from Evaluation to Funded phases. Available across supported platforms. Account sharing and group trading remain prohibited.

No
News Trading
Yes
Yes
Inactivity Rule

Accounts inactive for 30 days are subject to closure.

No data
Consistency Rule
Yes

Instant (all)

  • If a single day's profit is more than 20% of your total profit in the Instant Funding Account, you have to keep trading until the best day profit is less than 20% of the total profit.

1-Step Nitro

50% on evaluation phase and 45% on funded phase

1-Step Nitro X

25% on funded phase

2-Step Plus

No consistency rule on evaluation. No consistency rule on funded phase.

No
Hold Weekend
Yes
Yes
Prohibited Strategies
  • Using Manipulative Software or Techniques
  • Non-Standard Trading Practices
  • Using External or Slow Data Feeds
  • Exploiting Service Errors
  • Manipulative Trading
  • Hedging Across Accounts
  • Account Management Services
  • Group Trading
  • High-Frequency Trading
  • News Scalping
  • Arbitrage Trading
  • Multi-Account Reverse Trading
  • Tick Scalping
  • Internal Reverse Trading
  • Group Hedging
  • Account Management Services
  • Account Sharing
  • 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
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