Forex firms comparator

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

85 Great Portland Street, London, England W1W 7LT, GB

Panama

United Kingdom

2025

2024

Faizan Anees

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 of the challenge fee with the first 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.

• By default: Biweekly
• With add-on (+25%): Weekly
• Bolt and Bolt Flex: Biweekly by default; On-Demand Payouts with add-on (+25%)

No published maximum.

$50

$100

Rise: $50 each month any payout is requested

100%

• Lightning (Metatrader 5): 30:1
• Nexus (Metatrader 5): 100:1
• All accounts (ThinkTrader), Dual Step (Metatrader 5): Dynamic

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

• Lightning (Metatrader 5): 10:1
• Nexus (Metatrader 5): 15:1
• All accounts (ThinkTrader), Dual Step (Metatrader 5): Dynamic

• Lightning (Metatrader 5): 10:1
• Nexus (Metatrader 5): 15:1
• All accounts (ThinkTrader), Dual Step (Metatrader 5): Dynamic

• Lightning (Metatrader 5): 5:1
• Nexus (Metatrader 5): 15:1
• All accounts (ThinkTrader), Dual Step (Metatrader 5): Dynamic

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

• Lightning (Metatrader 5): 1:1
• Nexus (Metatrader 5): 1:1
• All accounts (ThinkTrader), Dual Step (Metatrader 5): Dynamic

• Profit Split 90% (+25%)
• Weekly payout (+25%; not available on Bolt or Bolt Flex)
• Allows News Trading (+25%)
• Bolt and Bolt Flex: On-Demand Payouts (+25%)
• Bolt and Bolt Flex: Weekend Holding (+15%), permits weekend holding and trading

• Lightning, Nexus and Dual Step: Traders become eligible after reaching a minimum profit of 10% within three months, equivalent to an average monthly gain of around 3.33%. Each approved phase increases the original demo account balance by 20%, up to $1 million on MetaTrader 5 or $1.5 million on ThinkTrader. Assessments take place every three months and require three payouts during each cycle.
• Bolt and Bolt Flex: Reach 10% total profit across four payouts within two months. Each approved scaling phase increases the account balance by 25%, up to $500,000 combined.

• 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.

• Lightning: 6% trailing, locks at initial balance once it grows by 6%
• Bolt: 6% trailing equity, locks at initial balance once it grows by 6%
• Bolt Flex: 7% trailing balance, locks at initial balance once balance grows by 7%
• Dual Step Intraday: 7% static
• Dual Step Swing: 7% static
• Nexus: 8% 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.

• Standard: 80%
• With add-on (+25%): 90%

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.

• 3% balance-based: Lightning, Nexus, Dual Step Swing, Bolt Flex
• 3% equity-based: Bolt, Dual Step Intraday
• All accounts: Soft breach, account disabled for the day, resumes next day at 00:00 MT5 Server Time

• MetaTrader 5: $300,000
• ThinkTrader: $600,000
• Bolt and Bolt Flex with scaling: $500,000 combined

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.

No maximum time limit.

Unlimited

• 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.

• Standard: Bi-weekly (14 days)
• With add-on (+25%): Weekly (7 days)
• Bolt and Bolt Flex: Bi-weekly (14 days); On-Demand Payouts add-on (+25%) available

• All programs except Bolt and Bolt Flex: No consistency rule
• Bolt: 20% best day cap
• Bolt Flex: 25% best day cap

• Lightning, Nexus, Dual Step: 3 days minimum (0.5% profit each)
• Bolt and Bolt Flex: No minimum profitable 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.

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.

Maximum of 2 positions simultaneously

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.

Traders may use copy trading across multiple Think Capital accounts. That said, copying trades from personal accounts or from accounts with other proprietary firms is not allowed.

If you wish to copy trades between different prop firm accounts, your Think Capital account must be set as the primary (master) account.

• Dual Step (Swing): Allowed by default
• Lightning, Nexus and Dual Step (Intraday): Only allowed with add-on
• Bolt and Bolt Flex: Not allowed

Rule for products where news trading requires the add-on:

• No trades, including limit and stop orders, may be executed 2 minutes before and 2 minutes after a high-impact news event (total of 4 minutes).
• Any activity during this 4-minute window will result in immediate termination of the funded agreement, account cancellation, and forfeiture of any profits.

Lightning, Nexus and Dual Step: allowed. Bolt and Bolt Flex: require the Weekend Holding add-on (+15%).

• 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
• Grid (Reverse) Trading
• Hedging or Group Hedging Across Multiple Accounts
• Collusion Between Users
• Account Sharing, Account Management, or Account Sale
• Latency Arbitrage
• High-Frequency Trading (HFT)
• Abuse of a Delayed Data Feed
• Abuse of the Simulated Environment
• Trading on Delayed Charts
• Utilization of Expert Advisors
• Challenge Passing Services
• Martingale Trading
• Use of Guarantee of Compliance with Limit Orders
• Trading in Sanctioned Countries
• Trading Activity: Soft Breaches/Warnings
• Use of Platform or Data Freezing Due to Technical Errors
• News Trading
• Order Layering
• Gambling/Punting

30 days