Fundex Launches 1-Step Classic: Single-Phase Evaluation with 10% Target and On-Demand Payouts

Fundex has added the new 1-Step Classic plan to its lineup, a single-phase evaluation designed for traders seeking a streamlined funding process. This program sets a 10% profit target and features an 80% profit split for the trader, managed through an on-demand withdrawal system without consistency rules.

As a launch incentive, the firm is offering a free reset per breach to the first 20 users who need it, though current availability for these spots has not been confirmed.

Account Structure and Pricing

The 1-Step Classic plan is available in five account sizes with the following base prices before discounts:

• $10,000: $99
• $25,000: $249
• $50,000: $479
• $100,000: $899
• $200,000: $1,799

Risk Management and Trading Rules

The evaluation applies a 3% daily loss limit and a 6% static maximum drawdown. Both parameters are equity-based, accounting for floating positions. While the daily limit resets at 00:00 UTC based on the current balance, the maximum drawdown remains tied to the initial account balance.

To complete the phase, traders must trade for a minimum of five days. A trading day is counted when a position is opened with a notional value of at least 5% of the initial balance. Additionally, during the evaluation, trades must be held for at least three minutes. There is no maximum time limit to reach the profit target.

Exposure Rules and Payouts

The firm monitors exposure based on notional value relative to equity. A single position can represent up to 25% of the account without restrictions; exceeding 40% is considered a violation. Total allowed exposure is 50% during evaluation and 60% for funded accounts. Copy trading between own accounts within the firm is prohibited.

After passing the phase and completing identity verification (KYC), the trader gains access to the funded account. Payouts are on-demand, with an estimated processing time between 60 minutes and 24 hours. The new plan joins the existing 2-Step Classic and 2-Step Pro options.