Where you trade
The environment where the trader spends their day is fundamentally different between these two firms. Fundex operates exclusively through its Propietary Platform, known as Fundex Terminal. This interface is designed to integrate simulated evaluation trading with market data from specific crypto and CFD sources. In contrast, Wall Street Funded offers a multi-platform ecosystem, allowing traders to choose between Metatrader 5, cTrader, MatchTrader, and DXTrade. While Fundex bets on a unified, custom-built experience, Wall Street Funded caters to those who prefer industry-standard tools and specialized charting software.
Who executes your orders
Execution quality depends on the underlying technical providers. Fundex uses Pure Market for CFD execution and Bitunix for crypto perpetuals, providing a setup where crypto prices are integrated directly into their terminal. Wall Street Funded utilizes WSF and Gooeytrade as its brokers. This technical backend determines the liquidity and slippage patterns the trader will experience during high-volatility events.
Leverage and margin
Risk management is defined by the technical limits of the account.
- Fundex offers aggressive leverage for Forex at 100:1. For other assets, it scales down: 20:1 for Indices and Energies, and up to 4:1 for major Cryptocurrencies (BTCUSDT, ETHUSDT).
- Wall Street Funded provides more conservative Forex leverage, capped at 50:1 for 2-step accounts and 30:1 for 1-step and Instant plans. Indices are limited to 20:1 or 10:1 depending on the plan, and Crypto is restricted to 2:1 or 1:1.
Regarding margin and protection, Wall Street Funded implements a 50% margin call level, acting as a final technical safety net. Fundex focuses its risk control on a 10% static maximum drawdown (for the Classic 2-Step), which is measured on equity and includes open positions. In Fundex, a funded account can suffer a permanent breach if it experiences four consecutive unrecovered "B-Book" switches or a 10% decline from the starting balance.
Markets available
The asset selection dictates the strategies you can deploy:
- Fundex: Offers a broad spectrum including Forex, Commodities, Indices, Stocks, ETFs, and Crypto.
- Wall Street Funded: Provides access to Forex, Indices, Commodities, Stocks, and Crypto.
A key technical difference is that Fundex allows Crypto trading during weekends, whereas Wall Street Funded does not.
What the setup lets you do
The rules of engagement vary significantly in terms of automation and timing:
- Automation: Both allow EAs, but Fundex requires the strategy to be the trader's own, prohibiting all-in betting and specific grid strategies. Wall Street Funded allows EAs but explicitly prohibits HFT and any trade lasting less than 60 seconds.
- Execution Constraints: Fundex (in Classic plans) requires trades to be held for at least 3 minutes during evaluation. Wall Street Funded requires a Stop Loss (SL) to be placed within 2 minutes of opening any trade and restricts opening or closing positions 4 minutes before and after high-impact news on funded accounts.
- Consistency: Wall Street Funded enforces a consistency rule for Instant accounts (maximum winning day cannot exceed 15-30% of total profit), while Fundex focuses on a "notional value" requirement for trading days, where at least one trade must represent 5% of the account balance to count as a valid day.
What the setup costs
The total cost of trading includes the entry fee and the ongoing execution friction:
- Account Prices: A $100,000 2-step challenge costs $529 at Fundex (Classic) and $509 at Wall Street Funded (Ultra). For 1-step accounts, Fundex is significantly more expensive at $899 compared to Wall Street Funded's Rapid plan at $589.
- Commissions: Wall Street Funded charges $3 per lot on Forex, Metals, and Energies. Fundex applies a percentage-based commission on Crypto between 0.02% and 0.06%.
- Payouts: Fundex is a leader in speed, processing payouts via Rise within 60 minutes to 24 hours on demand. Wall Street Funded requires a waiting period of 15 to 30 days for the first payout, depending on the account type, with subsequent payouts every 5 to 10 days.
Better setup for
- Fundex is the better setup for Crypto traders and intraday swing traders who value high Forex leverage (100:1), weekend trading, and near-instant payouts.
- Wall Street Funded is the better setup for traditional platform users who need MetaTrader 5 or cTrader and prefer a wider variety of account types (Instant, 1-Step, 2-Step) with lower entry prices for 1-step evaluations.
Frequently asked questions
Which firm offers faster payouts, Fundex or Wall Street Funded?
Fundex is significantly faster, processing payout requests via Rise within a maximum of 24 hours (and often within 60 minutes), including weekends. Wall Street Funded requires a minimum waiting period of 15 days for the first payout on Two-Step accounts and up to 30 days for One-Step accounts.
Which firm has higher leverage for Forex trading, Fundex or Wall Street Funded?
Fundex provides higher leverage for Forex at 100:1. Wall Street Funded offers a maximum of 50:1 on its Two-Step accounts and a lower 30:1 on its One-Step and Instant funding programs.
Is it cheaper to start a $100,000 2-step evaluation at Fundex or Wall Street Funded?
It is slightly cheaper at Wall Street Funded, where the $100,000 Ultra (2-step) account costs $509. The equivalent 2-Step Classic account at Fundex is priced at $529.
Which firm is better for trading using MetaTrader 5, Fundex or Wall Street Funded?
Wall Street Funded is the only choice for MetaTrader 5 users, as it also offers cTrader, MatchTrader, and DXTrade. Fundex does not support external platforms and requires all trading to be done through its proprietary Fundex Terminal.
