FundedX Review

★★★★★
1 / 5.0(1 reviews)
Visit Official Site
COUPON CODEthe24finance
Country🇦🇪
Profit SplitUp to 100%
Max Funding200,000
LeverageN/A
PayoutBi-Weekly
BrokerN/A

✅ Pros

  • Flexible evaluation choices with both one-phase and two-phase challenge models.
  • High profit split, reaching up to 100% depending on the program.
  • Multiple tradable asset classes.
  • Competitive leverage options.
  • Fast payouts, with quick processing times for funded traders.
  • Clear and simple rules make the evaluation process straightforward.
  • Scaling potential, allowing traders to grow their funded accounts over time.
  • Affordable challenge fees, accessible to traders at different experience levels.
  • No time limits to reach the profit target in some programs.

❌ Cons

  • A relatively new firm, established in 2024, is still building its long-term reputation.
  • No free demo option.
  • Limited platform options compared to more established prop firms.
  • Lower leverage for crypto than some competitors.

Detailed Analysis

About FundedX

FundedX is a modern proprietary trading firm based in the United Arab Emirates, offering traders access to capital through structured evaluation programs. Launched in 2024, the firm focuses on speed, clarity, and professional risk management.

FundedX offers one-phase and two-phase evaluation challenges, providing funded accounts with competitive leverage, multiple asset classes, and profit splits up to 100% depending on account type and performance.

Customer Support

FundedX provides responsive support through Live Chat, Email, and a Ticket System. The team offers fast, practical guidance on account setup, rules, and payout procedures.

  • Help Center with FAQs, guides, and troubleshooting
  • Fast response times and clear instructions

Company Information

  • Website: www.fundedx.com
  • Email: admin@fundedx.com
  • Phone: Not available
  • Address: Ground Floor, The Sotheby Building, Rodney Village Rodney Bay, Gros-Islet, Saint Lucia

Trust & Safety

FundedX emphasizes transparency, secure infrastructure, and professional risk management. Partnering with reputable brokers, it offers realistic market conditions, fast execution, and accurate pricing.

Rules, drawdowns, and payout policies are published clearly, ensuring traders understand expectations. Automated monitoring and encrypted data protect account integrity.

Evaluation Rules

  • Profit Target: 8%–10% depending on program
  • Daily Drawdown: 4%–5%
  • Maximum Overall Drawdown: 8%–10%
  • Minimum Trading Days: 5
  • No strict time limits on some programs

Trading Rules & Restrictions

General Rules

  • Profit Split: Up to 100%
  • Leverage: Competitive across Forex, Indices, Commodities, Crypto
  • News Trading: Allowed with risk management
  • Overnight/Weekend Trading: Permitted on most accounts
  • Payout Eligibility: First payout after ~14 days, ongoing weekly/bi-weekly
  • Scaling available for consistent traders

Allowed Strategies

  • Scalping, Swing, Day trading
  • Algorithmic trading (EAs) following market standards
  • News trading

Restricted Strategies

  • High-frequency or latency arbitrage
  • Copy trading between unrelated accounts
  • Martingale, grid, doubling strategies
  • Exploiting price feed delays or platform limitations

Tradable Instruments

  • Forex: Major, minor, exotic pairs
  • Indices: NASDAQ, S&P 500, DAX 40, FTSE 100
  • Commodities: Gold, Silver, Oil, Natural Gas
  • Cryptocurrencies: Bitcoin, Ethereum, Litecoin

Leverage Structure

  • Forex: Up to 1:100
  • Indices: Up to 1:50
  • Commodities: Up to 1:50
  • Cryptocurrencies: Up to 1:10

Trading Platforms

  • MetaTrader 5 (MT5): Multi-asset, EAs, advanced charting, desktop/web/mobile
  • TradeLocker: Browser-based, beginner-friendly, real-time charts, cloud access
  • cTrader: Professional-grade execution, advanced charting, DOM, cAlgo support

Mobile Trading

All platforms (MT5, TradeLocker, cTrader) offer mobile apps with live quotes, charts, order execution, position tracking, alerts, and notifications.

Features & Tools

  • Trader Dashboard: P&L, drawdown, trading days, open/closed trades, payout eligibility
  • Exclusive Funded Traders Network: Private community, mentorship, strategy sharing

Commission Fees & Pricing

  • One-time evaluation fee, no recurring costs
  • Forex: Low per-lot commissions, tight spreads
  • Indices & Commodities: Dynamic spreads, minimal/zero commissions
  • Cryptocurrencies: Variable spreads, controlled costs
  • No hidden fees or execution charges
  • Fee refundable upon first payout (varies by program)

Profit Payouts

  • Profit Split: Up to 100%
  • First Payout: After ~14 days funded
  • Ongoing Payouts: Weekly or bi-weekly
  • Processing: 1–3 business days
  • No payout fees

Payment Methods

  • Credit/Debit Cards (Visa, Mastercard)
  • Bank Transfers
  • E-wallets: Skrill, Neteller, PayPal
  • Cryptocurrencies
  • All payments secured via encrypted gateways
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Key Features

  • Crypto
  • Forex
  • Indices
  • Commodities

Frequently Asked Questions

Yes. FundedX is a legitimate proprietary trading firm launched in 2024 and operates with clear rules, transparent evaluation criteria, and multiple supported trading platforms. The firm provides detailed guidelines on profit splits, drawdowns, payouts, and evaluation requirements on its website.
Yes. FundedX offers challenge types and account sizes that are accessible to both beginners and experienced traders. New traders may prefer lower-capital evaluations, while experienced traders can choose higher-tier accounts.
Traders select a one-phase or two-phase evaluation, pay the one-time challenge fee, and must hit the profit target without violating drawdown limits. General rules include: Profit target: typically 8–10% Daily drawdown: around 4–5% Maximum overall drawdown: 8–10% Minimum trading days: usually 5
Drawdown limits depend on the program, but the most common parameters include: Daily drawdown: 4%–5% Overall drawdown: 8%–10% Violating either rule results in failing the evaluation phase.
Traders can earn up to a 100% profit split, depending on the evaluation type and account structure. Payout frequencies can be weekly or bi-weekly for funded traders.
FundedX supports the following platforms: TradeLocker cTrader Platform 5 All platforms are available on desktop, web, and mobile.
Yes. Traders who pass their evaluation and complete their first payout are eligible to receive a refund of their initial challenge fee.
Yes, automated trading is typically allowed as long as it does not exploit latency, arbitrage, tick manipulation, or other prohibited strategies.
Yes. FundedX supports cryptocurrency trading as one of its asset classes, alongside Forex, Indices, and Commodities.
Many of FundedX’s programs do not impose strict time limits, allowing traders to meet their targets at their own pace. Some account types may include minimum trading day requirements.