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53 differences

Headquarters

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

23691-001, A2 Building, IFZA Business Park, Dubai Digital Park, Dubai Silicon Oasis, United Arab Emirates

Country

Panama

United Arab Emirates

Foundation

2025

2024

Banned Countries
Pakistan, Afghanistan, Myanmar, Iraq, Somalia, Sudan, South Sudan, Libya, Yemen, United Arab Emirates, North Korea, Iran, Syria, Cuba, Belarus, Russia
Syria, North Korea, Cuba, Iran, Myanmar
CEO
No data

Husam Samy

Assets
Forex, Commodities, Indices, Stocks, ETFs, Crypto
Forex, Commodities, Indices, Crypto
Brokers

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

In-house liquidity provider

Refund
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.

Yes

The evaluation fee is refundable. Under the published standard conditions, the refund unlocks alongside the fifth successful payout.

Instant Flex: 100% refundable access fee.

Platforms
Propietary Platform
MatchTrader, Metatrader 5
Payout Methods
Rise
Transfer, Crypto
Payment Methods
Card, Crypto, ApplePay, GooglePay
Card, PayPal, Crypto
Payout Frequency

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.

Depends on the program. Rapid and Ascend allow an early payout after 3 days with a 40% split. Standard payouts retain an 85% split and require the applicable trading days, profit and SFX Stability Index. Instant Funding (original) and 1-Step Pro allow payout requests once their requirements are met, without a fixed bi-weekly cycle.

Instant Flex: bi-weekly payouts.

Crypto Weekend Trading
Yes
Yes
Maximum Withdrawal

No published maximum.

Maximum of $10,000 per request for the first two payouts. This limit is removed afterwards.

Minimum Withdrawal

$50

Payouts below $100 can only be processed through USDT TRC20. Bank transfer is available from $100.

Payout Guarantee
No data

Requests are processed within 48 business hours. SFX advertises $1,000 compensation if it misses that deadline.

Forex
100:1
30:1
Metals

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

10:1
Energies
20:1
10:1
Indices
20:1
10:1
Stocks
1:1
No data
Crypto

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

2:1
Crypto
0.02% - 0.06%
0
Forex
No data
4 / lot
Metals
No data
4 / lot
Energies
No data
4 / lot
Indices
No data
0.4 / lot
Commission-Free Option
No data
No
Swap Free
No
No
Add-ons
No
Yes
Instant
No
Yes
One Step
Yes
Yes
Account scaling
No
Yes

Reviewed every 3 months. Requires profitability in 2 of the 3 months, at least 10% cumulative profit and 2 payouts. Balance increases by 25% of the initial balance up to $3.2M.

Two Steps
Yes
Yes
Max Drawdown
  • 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.

Rapid: 4% trailing. 1-Step Pro: 6% trailing. Ascend: 8% static. Instant Funding (original): 6% trailing.

Profit Split

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.

85% base split, with the possibility of reaching 100% through the scaling program. Rapid and Ascend allow an early payout with a 40% split.

Free Trial
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.

No
Profit After Breach

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.

No data
Daily Drawdown

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.

Rapid and Instant Funding (original): 3%. 1-Step Pro: no daily limit. Ascend: 4%.

Three Steps
No
No
Max Allocation
400,000
500,000
Maximum Accounts

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

No data
Merge Accounts
Yes

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

Yes

Funded accounts from the same evaluation type can be merged when both remain at their initial balance, have no open trades and their combined capital does not exceed $500,000. Instant Funding (original) accounts cannot be merged.

Maximum Trading Days

No maximum time limit.

No time limit.

Minimum Trading Days
  • 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.

Rapid: no minimum during evaluation. 1-Step Pro: 4 evaluation days. Ascend: 5 days in each phase. Instant Funding (original): no evaluation.

Monthly Competition
No
No
Account Reset
No data

Available for Ascend during evaluation and for funded Ascend, 1-Step Pro and Rapid accounts within 10 calendar days of the first trade. A funded reset subsequently applies a 50% split.

Minimum Profitable Days
No data

For payouts: Rapid and Instant Funding (original) require 10 trading days; 1-Step Pro requires 7 qualified days; Ascend requires 5 days and its first standard payout is available after 14 calendar days.

Expert Advisor (EA)
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.

Limited

Trade managers, calculators and EAs developed by the trader are allowed. Third-party EAs and EAs designed to exploit rollover or perform news scalping are prohibited.

VPN
No
Yes
Hedging
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.

Yes
Requires Stop Loss
No
No
Scalping
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.
  • 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.
Yes
Stacking / Layering (DCA)
No
Yes
Martingale
No
No
Maximum Risk Limit
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.
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.

Yes

Maximum floating loss: 2% on Rapid, Ascend and Instant Funding (original); $300K and $400K Instant Funding (original) accounts have a 1% limit. 1-Step Pro has a 1% limit, with a warning and split reduction to 40% on the first violation and closure on the second.

Copy Trading
No
No

Copying trades, manually or through software, between the trader's own accounts or from external traders or signal providers is prohibited.

News Trading
Yes
Limited

Funded accounts restrict trading from 2 minutes before until 2 minutes after high-impact news. News straddling, news bracketing and manipulation of the simulated environment are also prohibited.

Consistency Rule
No
Yes

Maximum SFX Stability Index for payout: Rapid 15%, 1-Step Pro 20%, Ascend 25% and Instant Funding (original) 15%.

Instant Flex: no consistency rule.

Hold Weekend
Yes
Yes
Prohibited Strategies
  • 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

Copy trading; third-party EAs; HFT; latency arbitrage; tick scalping; martingale and grid; news scalping; coordinated reverse trading; exploitation of errors or slow feeds; account sharing or third-party account management.

Inactivity Rule
No data

Accounts are closed after 30 days of inactivity.

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