Scalping and Intraday Trading
FTMO is a haven for scalpers as it places no restrictions on holding times or the number of trades executed. Traders can utilize MetaTrader 4, MetaTrader 5, cTrader, or TradingView, benefiting from raw spreads and a commission of $5 per lot.
In contrast, Fundex applies significant limitations depending on the plan:
- 2-Step Classic: Every trade must be held for at least 3 minutes. Closing a trade earlier (even via TP or SL) results in a warning, and repeated violations lead to an account breach.
- 2-Step Pro: This plan removes the 3-minute rule, making it the only viable option for scalpers within this firm.
- Cost and Risk: Fundex offers 100:1 leverage on Forex, similar to FTMO's standard accounts. However, the 3-minute restriction in the Classic plan makes high-frequency manual trading nearly impossible.
Swing Trading and Weekend Holding
FTMO manages swing trading through two distinct account types. The Standard account requires closing positions before the weekend (or any market break longer than 2 hours) and offers 100:1 leverage. The Swing account allows weekend holding but reduces leverage to 30:1. This trade-off between leverage and flexibility is a key factor for long-term traders.
Fundex offers a more straightforward approach for swing traders:
- Weekend Holding: Allowed by default with no specific restrictions mentioned.
- Leverage: Maintains 100:1 on Forex regardless of holding over the weekend.
- Platform: Swing traders might find the Fundex Terminal or MatchTrader less robust for deep technical analysis compared to FTMO's integration with TradingView and MetaTrader.
News Trading
FTMO treats news trading differently based on the account type. On Standard accounts, traders cannot execute or close trades (including SL/TP triggers) 2 minutes before and after high-impact news releases. On Swing accounts, there are no restrictions.
Fundex allows news trading across all its plans without time-based restrictions. This makes Fundex a more flexible option for those who trade volatility spikes, provided they don't violate the 3-minute rule in the Classic plan or the 3% maximum risk per trade rule during the evaluation phases.
Automated Trading (EAs)
FTMO is very permissive with Expert Advisors, provided they do not engage in prohibited practices like latency arbitrage or account rolling. It is a stable environment for developers using MT4 or MT5.
Fundex allows EAs but with much stricter "fair use" definitions:
- Strategy Ownership: The underlying strategy must be the trader's own.
- Prohibitions: Arbitrage, HFT, martingale, grid, and external trade-replication systems are strictly forbidden.
- Risk Interaction: Fundex prohibits the use of VPNs, which can be a significant hurdle for traders using VPS services to run their EAs, as it might trigger security flags.
Copy Trading and Hedging
FTMO explicitly allows copy trading, whether from your own accounts or external sources, and permits hedging (holding long and short positions simultaneously).
Fundex is highly restrictive in this category:
- Copy Trading: Strictly prohibited. This includes replicated signals and self-copy trading.
- Hedging: Prohibited across different Fundex accounts or between Fundex and external firms. While the data does not clarify internal hedging within a single account, the general stance against "correlated position stacking" suggests a low tolerance for complex hedging strategies.
If you trade like this
- If you are a pure Scalper: Choose FTMO. Their lack of holding-time restrictions and superior platform variety (cTrader/TradingView) far outclass Fundex’s restrictive 3-minute rule in their Classic plans.
- If you trade News: Choose Fundex or FTMO Swing. Both allow news trading, but Fundex offers higher leverage (100:1) during news events compared to FTMO’s Swing account (30:1).
- If you use EAs: Choose FTMO. The platform stability and the ability to use VPNs/VPS without the fear of being flagged for "unrealistic retail trading" make it safer for automation.
- If you want the fastest Payouts: Choose Fundex. While FTMO’s 14-day cycle is fast, Fundex claims to process most requests within 60 minutes, 24/7, including weekends.
Frequently asked questions
Which firm is cheaper for a $100,000 challenge, FTMO or Fundex?
Fundex is slightly cheaper in nominal terms, offering its 2-Step Classic $100k account for $529 USD. FTMO charges approximately €540 (which converts to a higher USD amount) for the same account size. However, FTMO provides a refund of the fee with the first payout on its 2-Step accounts, whereas Fundex explicitly states that fees are non-refundable once the account is accessed.
Which firm allows more leverage for Forex trading, FTMO or Fundex?
Both firms offer a maximum leverage of 100:1 for Forex on their standard or classic evaluation accounts. The difference lies in the swing configurations: FTMO reduces leverage to 30:1 if you want to hold positions over the weekend on a dedicated Swing account, while Fundex maintains 100:1 leverage while allowing weekend holding by default.
Can I use a Copy Trading software to link my accounts in FTMO and Fundex?
In FTMO, you are allowed to use copy trading to link your own accounts or even copy from external sources. In Fundex, copy trading is strictly prohibited, including self-copying and replicated signals. Using such software in Fundex would likely result in a permanent breach of the account and the forfeiture of any profits.
Between FTMO and Fundex, which one has more restrictive rules for scalpers?
Fundex is significantly more restrictive for scalpers due to its "3-minute rule" in the 2-Step Classic plan, which requires all trades to be held for at least 180 seconds. FTMO has no minimum holding time requirements across any of its platforms or accounts, making it the superior choice for high-frequency or rapid intraday traders.
























