Platforms and execution: Fundex and Maven

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

Maven EDU – FZCO. Office #001, Building A1, Dubai Silicon Oasis, Dubai Digital Park, Dubai – UAE

Panama

Saint Lucia

2025

2022

Jon Alexander

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

Liquidity Provider

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 3rd payment

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.

10 days

No published maximum.

• $10,000 per 30-day rolling cycle (per trader)
• Once your total profit is over $5,000, no single trade or single trading day can account for more than 50% of your total profit for that payout period. If one trade/day does exceed 50%, they will reduce that profit down to the 50% limit.
• After passing $5,000 in payouts, you must complete a risk interview with one of their analysts.If you don't attend, your payout will not be processed.

$50

Instant, Mini: 3% profit

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.

In order to scale, the trader must profit 10% over the course of 4 months (2.5% per month). The trader is also required to process at least 1 payout per month. Afterwards, the trader’s account will be rewarded with a 25% increase.The function is repeatable, up to $1,000,000.

The max withdrawal cap scales alongside with the scaling plan. The max withdrawal does not scale along.

• 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.

• Two Step, Three Step: Static
• One Step, Instant, Mini: Trailing

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.

80%

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.

Highest balance or equity recorded at the end of the day (EOD high-watermark)

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.

The Buyback feature lets you get back on a funded account in minutes without taking any more challenges

• $2,000 Account = $200
• $5,000 Account = $400
• $10,000 Account = $750
• $20,000 Account = $1,400
• $50,000 Account = $3,500
• $100,000 Account = $6,000

Two Step: 3 minimum profitable days of 0.5% on each phase

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.

Not allowed to have more than 50% of the trades open for less than 1 minute

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.

Instant, Mini:
Your account must never exceed a 1% drawdown in floating PnL. This refers to the gap between your balance and equity; if it surpasses that limit, the account will be considered breached.

Only manual copying allowed

Traders cannot open or close trades 2 minutes either side of a red folder news event release. The two-minute window includes trades hitting TP, profit target and pending orders.

Instant, Mini:

• You're allowed to withdraw from your instant account only when your consistency score is at 20% or lower.
• The score is determined by the formula: (your largest winning day / total profit) * 100%.
• If your consistency score is above 20%, you must continue trading until it drops below that threshold.

• 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

• High-Frequency Trading
• Toxic Trading Order Flow
• Long/Short arbitrage
• Reverse arbitrage
• Tick scalping
• Reverse/Group Hedging
• Gambling
• All-in