First, register at FundX Global. Then, choose a challenge that fits your budget and skills. We offer five different challenges, each with distinct fees and conditions. After selecting and paying for a challenge, you can begin trading on the account. To progress to the final stage and receive a funded account from the broker, you must complete all phases of your chosen challenge.
FundX is based in Cyprus. Please check the website footer disclaimer for more details.
Currently, there is no regulation overseeing the prop trading industry. Once such regulation becomes available, we will consider obtaining it.
In the prop trading model, you pay fees to take on the challenge, which is non-refundable. The equity in the trading account is not withdrawable unless you reach the partnership phase. Trading during the evaluation phase is done with demo funds.
Currently, we accept wire transfers for South Asia, Kora pay for Africa, and cryptocurrency payments globally . More options will be added soon. Please check my.fundxglobal.com for the latest available options.
You can join by registering here.
No documents are required for the evaluation phase. Once you pass the challenge and are ready to move to a real funded account, our representative will contact you for KYC documentation. For more information, please visit our Terms & Conditions.
We offer a web-based trading platform accessible by logging into the client portal.
We provide deep liquidity obtained from our global Liquidity Providers (LPs).
For full information regarding the instruments offered and trading conditions, please visit our contract specifications page.
Evaluation phase trading accounts are demo accounts.
Our trading platform is web-based and can be accessed by logging into the client portal.
Trading accounts are accessible through the client portal. If you have lost or forgotten your password , simply click on the "Forgot password" option here to reset it.
Click on the "Forgot password" option here.
The EA option is not available during evaluation phase. Scalping trades below 1 minute not allowed.
Swap-free accounts are not available in any phase.
The stopout level is 50%.
Yes, trading during news events is allowed.
Yes, you can participate in multiple challenges simultaneously.
Yes, you can re-join by paying the fee again.
Yes for EA, but no for scalping trades below 1 minute.
Social trading or PAMM is not allowed.
Trading will be done on MT4 during the partnership phase.
The partnership phase lasts as long as the overall loss limits are not met. For each challenge's conditions and loss limits, please visit our website here.
Withdrawals during the partnership phase are limited to once a month after profit split calculation and allocation as per challenge conditions. Partnership profit split conditions can be viewed on the website here.
The starting leverage is 1:50. More information can be viewed here.
The Challenge duration is the maximum number of days you have to trade in the challenge account. If this limit is reached and challenge is not passed it will be considered a failed challenge.
The minimum number of days that a trader must open at least one trade during the challenge duration.
Starting funds plus the profit target percentage. For example, for a standard challenge with $10,000 and a 10% profit target, the goal is $11,000.
No, as the specific challenge requires a minimum of 10 trading days.
Your challenge phase will be automatically updated to phase 2 without waiting.
Opening a trade is considered a trading day.
It is the maximum loss a trader can incur during the challenge's lifetime. Once this limit is reached, the challenge will be considered failed.
It is the maximum loss a trader can incur every 24-hour period during the challenge's lifetime. The next limit to consider is the max overall loss.
It is the ratio where profits are split during the partnership phase. For example, a 60/40 split means 60% to the trader and 40% to the broker.
Trading stats are available by logging into the trader portal and choosing "My Challenges" from the menu bar. You can see the "Trade Now" and "Stats" tabs on the far right of the challenge bar.
Its real time data.
The next step is the partnership phase. As per the terms and conditions, you will undergo a KYC process before opening a real account.
Your trading history and full stats are available by logging into the trader portal. No statements will be provided during the evaluation phase.
Kindly visit our website here and use the live chat option at the bottom right corner.
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