Forex firms comparator

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

IFZA Business Park, DDP, Premises No. 35882-001, Dubai Silicon Oasis, Dubai, United Arab Emirates

Panama

United Arab Emirates

2025

2023

Jason Blax

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

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.

Full refund after 4th payout

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.

First payout 14 days after the first trade. Every 14 days after that. First payout after 7 days with add-on (+15%).

• Instant Pro: First Payout on Demand is available as a checkout add-on.
• Instant Flex: first payout on demand, then every 14 days.

No published maximum.

For traders with $200K accounts or larger, the first two reward requests are capped at a maximum withdrawal of $10,000 each. After the first two rewards, this restriction is removed, and there are no further withdrawal limits.

TryAqua: maximum lifetime withdrawal of $100.

$50

$100

$35 flat fee via Rise (for payouts of $1,000 or more). Payouts below $1,000 are paid in crypto and only carry the network fee.

Get Paid in 24 Hours or get an extra $1,000. Rewards are only processed on business days, and so the 48 Hour Reward Guarantee timer is paused on weekends.

• Instant Standard: 30:1
• Instant Pro, Instant Flex, 1 Step Standard, 1 Step Pro, 2 Step, 3 Step, Aqua Man: 50:1
• 1 Step Flex: 100:1 during evaluation, 50:1 when funded

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

• Instant Standard, Instant Pro, Instant Flex, 1 Step Standard, 1 Step Pro, 2 Step, 3 Step, Aqua Man: 10:1
• 1 Step Flex: 20:1 during evaluation, 10:1 when funded

• Instant Standard, Instant Pro, Instant Flex, 1 Step Standard, 1 Step Pro, 2 Step, 3 Step, Aqua Man: 10:1
• 1 Step Flex: 20:1 during evaluation, 10:1 when funded

• Instant Standard, Instant Pro, Instant Flex, 1 Step Standard, 1 Step Pro, 2 Step, 3 Step, Aqua Man: 10:1
• 1 Step Flex: 20:1 during evaluation, 10:1 when funded

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

• Instant Standard: 1:1
• Instant Pro, Instant Flex, 2 Step, 1 Step, 3 Step, Aqua Man: 2:1

Swap-free accounts are available. No overnight swap fees; positions can be held for as long as desired.

• 100% profit split (+15%)
• First payout after 7 days (+15%)
• First Payout on Demand (Instant Pro)
• 100% profit split and first payout after 7 days combined (+25%)

You can grow your account to a maximum of $4,000,000. In order to scale your capital and grow, you must make 12% within a 3-month period. If you achieve this, they will increase your account size by 25% of your initial balance.

This is complementary to the Aqua Elite Program.

• 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.
• 1-Step Classic: Static evaluation drawdown based on starting balance and measured on equity, including open positions.

• Instant Standard, Instant Pro, Instant Flex, 1 Step Standard, 1 Step Pro, 2 Step Pro, Aqua Man: Trailing, based on the highest value between equity and balance
• TryAqua: Daily and maximum drawdowns are trailing
• 1 Step Flex, 2 Step Elite, 3 Step: Static

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.
1-Step Classic: the trader profit split is shown in each challenge and is calculated when the payout is requested.

90%. 100% with add-on (+15%)

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.

Evaluation: the daily loss limit is recalculated at 00:00 UTC from the balance at that time and measured on equity, including open positions. The applicable percentage is shown in each challenge. There is no daily loss limit at the funded stage.

Based on highest value between equity and balance

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.

Instant accounts can't be merged

No maximum time limit.

No limit

• 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.
• 1-Step Classic: 5 evaluation trading days. A day counts only if at least one trade has a notional size of at least 5% of the account balance before leverage.

• Instant Standard, Instant Pro: 5 days (non-consecutive), 0.5% profit each
• Instant Flex: 7 days
• TryAqua: 5 days, with at least 0.5% profit each
• 1 Step Standard: 3 days, 0.5% profit each
• 1 Step Pro, 2 Step Standard: 5 days, 0.5% profit each
• 1 Step Flex: no minimum during evaluation; 3 days before the first funded payout, with at least 0.5% profit each
• 2 Step Pro: 0 in evaluation, 5 in funded
• 2 Step Elite: 3 per step, at least 0.5% profit per day, not necessarily consecutive
• 3 Step: not specified

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.

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

• 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.
• 1-Step Classic: Every evaluation trade must remain open for at least 3 minutes, including TP/SL closures. The first violation generates a warning; repeated violations cause a breach. No minimum holding time once funded.

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.
1-Step Classic: Position exposure is measured as notional value relative to equity. Per position, up to 25% is compliant, over 25% through 40% generates a warning, and above 40% is a violation subject to review. Total simultaneous exposure during evaluation: up to 50% is compliant, over 50% through 80% generates a warning, and above 80% is a violation. Once funded, total exposure above 60% is a violation.

If your floating PnL (profit and loss) drops below -2% of the account balance, the account will be permanently closed.

Only applies to Instant Funding Standard, Pro, Flex, AquaMan and TryAqua.

• Copy trading between AquaFunded accounts
• Copy trading from Funded-to Evaluation accounts and vice versa
• Copy trading between AquaFunded account and external accounts.

Two policies depending on the account creation date:

Accounts opened after 2026-04-27

• News trading is allowed.
• Profits generated within 5 minutes before and 5 minutes after a red folder (high-impact) news event or FOMC are capped at 0.5% of the starting balance per payout cycle.
• Anything above the cap is removed without further penalty.

Accounts opened before 2026-04-27

• Trades opened or closed within 5 minutes before or 5 minutes after a red folder news event or FOMC on funded accounts are not allowed.
• Any profits generated during these windows are removed.

Applies on funded accounts. A single trading day cannot equal or exceed a given percentage of total profits during the payout period. If it does, payouts are blocked until the ratio normalises; the account is not closed.

• Instant Standard: 20%
• Instant Pro: 20% for accounts purchased on or after 8 September 2026 (limited-time offer); 15% for accounts purchased before that date
• Instant Flex: no consistency rule
• Aqua Man: 15%
• TryAqua: 15%
• 1 Step Pro: 25%
• 2 Step Pro: 50%
• 1 Step Flex: no consistency rule
• 1 Step Standard, 2 Step Standard, 2 Step Elite, 3 Step: no specific consistency rule documented

• 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

• Use of platform or data freezing due to a Demo Server error.
• Use of a delayed data feed
• Trading on delayed charts
• Tick scalping
• High frequency trading
• Arbitrage bots
• Reverse arbitrage
• Latency arbitrage
• Hedge arbitrage or any emulators are prohibited.

30 days