Forex firms comparator

Algaroud Center, Dubai, United Arab Emirates

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

Daniel Martin and Martin Najat

United Arab Emirates

Panama

2018

2025

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

• 1-Step, 2 Step: 100% of your sign-up fee refunded when you hit 10% profit target on funded account
• Instant Funding: 50% of your sign-up fee refunded when you hit 10% profit target on funded account at level 2
• Instant Funding Pro: No refund

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.

1-Step, 2-Step

• 1st payout after at least 7 Profitable (0.5% or more) Trading Days and a Minimum of 2% net profit or $100 (whichever is higher).
• After your 1st payout, you can request any subsequent payouts Monthly, during the last 5 days of each month.

Instant

• You can request the 50% profit share from Level 1 when the 10% profit target is achieved on Level 2.
• You can request the second payout on Demand anytime once you have at least 5 profitable trading days and a minimum of 2% net profit or $100 (whichever is higher).
• After the 1st payout, you can request any subsequent payouts Bi-Weekly, on the 14th/15th & the last 2 days of each month.

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.

No published maximum.

$50

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.

You can reset your challenge with an unlimited 15% discount (1-Step, 2-Step, Instant Funding) or 10% (Instant Funding Pro)

1-Step, 2-Step

• You must achieve at least a +10% profit overall in the last 4 months. (Withdrawals don't affect this target).
• Be profitable in at least 2 out of those 4 months.
• Your account must have a positive balance (in profit) at the time of scaling.
• Balance increases by +50% of its original balance, up to $100,000, and then $25,000 up to $200,000

Instant

• You must achieve a 10% net profit of the initial account balance. (Withdrawals don't affect this target).
• 20% Consistency Score.
• Your account balance doubles until you reach the $2 million per account.

• 2-Step, Instant: Static
• 1-Step: Trailing

• 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.

• 1-Step, 2-Step: 80% (base value), 90% (Bronze Level), 100% (Silver Level)
• Instant Funding: starts at 50% (Level 1)
• Instant Funding Pro: starts at 70% (Level 2)
• Instant scaling: 80% (Level 3), 90% (Bronze Level), 100% (Silver Level)

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.

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.

Balance-based

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.

• 1-Step: $200,000
• 2-Step: $200,000
• Instant: $80,000

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

Unlimited

No maximum time 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.

Loyalty Program. Complete daily and weekly quests to earn points, unlock discounts, and win cash prizes or even free funded accounts.

• 1-Step, 2-Step: 3 days on evaluation phase, 7 days on funded phase
• Instant: 5 days for payout On Demand

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

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.

Not using a stop loss is treated as a soft breach. Your account won’t be closed, but the system will automatically exit the trade after 1 minute if no stop loss has been set.

• 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.

30 days

• Exploit Price Inefficiencies / Price Feed Errors
• Group Hedging / Hedging / Group Trading / Copy Trading
• Account Sharing / Reselling of Account / Account Management
• One-Sided Bets
• Gamble to Pass / Over-Leveraging
• Using 3rd-Party EAs (Excluding the 1-Step Challenge)
• Bracketing Strategies
• Martingale Trading Style (Excluding the 1-Step Challenge)
• Grid Trading

• 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