FundedX offers traders a trade up to $1M, scale capital $5M, and to trade their fund of $10M+ through a well-established evaluation process, while offering a fair profit-sharing model.
FundedX provides a user-friendly platform, supported by latest technology solutions and extensive industry experience.
About FundedX
FundedX covers the initial costs and the risk of losing the evaluation fee if you don’t meet their trading requirements. Similar to other prop firms, FundedX has specific trading conditions that must be adhered to in order to maintain your funded account.
The FundedX community thrives on the exchange of ideas, strategies, and insights. You’ll have the opportunity to connect with fellow traders, share your experiences, and learn from each other.
Whether you’re aiming to become a day trader, swing trader, or long-term investor, this platform will offer you amazing development support..
Ownership: FundedX is owned by AJ Currency, headed by Adrian Mudronja, an Australian Trading Professional.
How to Start with FundedX
FundedX offers you a chance to learn as well as to show your trading skills. You can select a challenge, make a payment, and start trading in no time.
To start, you must first register on their platform. Once you register and login, you can choose a trading challenge that fits your style and strategy. The challenge has many funding levels, from beginner-friendly accounts to more advanced and professional levels.
The main goal is to complete the challenge by meeting specific criteria related to profit targets, drawdown limits, risk management, and other rules given by the company.
Funding Process
Getting real funds at FundedX is easy and it includes only 4 steps:
- Complete the Trading Challenge
- Receive your Funding Offer.
- Accept the Offer
- Get funded
FundedX Challenge Rules
The FundedX challenge rules vary based on the funding level you select. Check the table below to see the challenge rules for every account as well as pricing:
| 5K | 10K | 25K | 50K | 100K | 200K | 500K | $1.0M | |
|---|---|---|---|---|---|---|---|---|
| Price | $69.00 | $129.00 | $199.00 | $299.00 | $529.00 | $989.00 | $2,500.00 | $5,000.00 |
| Trading Period | Unlimited days | Unlimited days | Unlimited days | Unlimited days | Unlimited days | Unlimited days | Unlimited days | Unlimited days |
| Phase 1 Target – 8% | $400.00 | $800.00 | $2,000.00 | $4,000.00 | $8,000.00 | $16,000.00 | $40,000.00 | $80,000.00 |
| Phase 2 Target – 5% | $250.00 | $500.00 | $1,250.00 | $2,500.00 | $5,000.00 | $10,000.00 | $25,000.00 | $50,000.00 |
| Max Loss – 10% | $500.00 | $1,000.00 | $2,500.00 | $5,000.00 | $10,000.00 | $20,000.00 | $50,000.00 | $100,000.00 |
| Max Daily Loss – 5% | $250.00 | $500.00 | $1,250.00 | $2,500.00 | $5,000.00 | $10,000.00 | $25,000.00 | $50,000.00 |
| Minimum Trading Days | 3 Days | 3 Days | 3 Days | 3 Days | 3 Days | 3 Days | 3 Days | 3 Days |
| Split | 90% | 90% | 90% | 90% | 90% | 90% | 90% | 90% |
| Refundable Fees | 115% | 115% | 115% | 115% | 115% | 115% | 115% | 115% |
FundedX Features We Liked
Here is what we liked most about FundedX features we tried out:
- Zero or very low spreads.
- Expert and really fast support.
- Discord channel.
- Earn during evaluation phase.
The FundedX 80-90% Profit Split
FundedX has a 80% to 90% profit split. This means that traders keep most of the trading profits. The company offers a 15% profit share from the challenge phase. This way you can earn even during the evaluation process.
The simple breakdown is:
- Trader’s share: 80% to 90%
- Company’s share: 10% to 20%
- Profit-sharing during the challenge phase: 15%
Withdrawal Speed
The initial payout requires 4 weeks (28 days) of successful trading. After the first payot, all others are happening every two trading weeks (14 days).
Real User Feedback
Based on available online reviews and testimonials we found online, it appears that many users have had a positive experience with FundedX. Here is what they had to say about FundedX:
- User-friendly interface: Many users liked FundedX’s simple and easy-to-navigate interface.
- Customer support: Responsive customer support was highlighted for help with resolving trading issues.
- Transparency: Users liked the transparent rules and easy to follow guidelines.
In terms of overall sentiment, FundedX holds an average rating of 3.7 stars on Trustpilot, with a mix of positive and negative feedback. But, it’s worth noting that Scamadviser lists the legitimacy of FundedX as “suspicious,” even though we haven’t found any reviews that would back this up.
FundedX vs Other Prop Firms
Below is a brief competitor analysis comparing key features of FundedX and top prop trading firms:
| Prop Trading Firm | Customer Reviews | Account Types & Sizes | Leverage | Trading Instruments |
|---|---|---|---|---|
| FundedX | 3.7 (Trustpilot) | Customizable | Variable | Multi-asset |
| Funder Trading | 4.2 (Google Reviews) | Mini, Standard, Premium | 1:10, 1:20, 1:50 | Stocks, Options, Forex |
| FTMO | 4.5 (Trustpilot) | Demo, Classic, Challenge | 1:10, 1:50, 1:100 | Forex, Cryptocurrency, Indices |
| The Funded Trader | 3.9 (Trustpilot) | Intro, Advanced, Pro | 1:10, 1:30, 1:50 | Stocks, Futures, Options |
| Funding Traders | 4.0 (Google Reviews) | Basic, Pro, Elite | 1:20, 1:50, 1:100 | Forex, Commodities, Stocks |
FundedX stands out mainly due to its positive customer service reviews. A customer mentioned the zero spread feature during their challenge phase, which is a great advantage for traders.
These ratings and insights might help you decide if the performance and reliability of FundedX fit your style and goals.
Support and Community Channels
- FundedX support is available 24/7 via emails & live chat
- Work hours are from 8am-5pm EST, Monday-Friday
- You can contact them at: [email protected]
- Or join their Discord group: https://discord.gg/TcJRKAakPr
