FX2 Funding
FX2 Funding is a proprietary trading firm founded in 2022, offering funded trading accounts from $10,000 to $200,000 with scaling up to $1 million. The firm provides three evaluation programs: 1-Step, 2-Step, and 1-Step Pro challenges.
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Firm Overview
Firm Overview
FX2 Funding Prop Firm Details
Broker:
Liquidity ProviderPlatform:
Trading Features:
Funding Details:
Payment Methods:
Payout Methods:
Instruments and Assets
Access to 19 futures contracts across multiple asset classes and exchanges, providing diverse trading opportunities.
Category | Symbols | Description |
---|---|---|
Forex | EURUSDGBPUSDUSDJPYUSDCHFUSDCADAUDUSDNZDUSDEURGBPEURJPYGBPJPYAUDCADNZDCAD | Major and minor currency pairs available as CFDs |
Indices | US30NAS100SPX500DAXFTSE100 | Major global indices CFDs with 1:25 leverage |
Metals | XAUUSDXAGUSD | Gold and Silver CFDs with 1:30 leverage |
Cryptocurrency | BTCUSDETHUSD | Cryptocurrency CFDs with 1:2 leverage |
Consistency Rules
When evaluating FX2 Funding, traders will appreciate the firm's straightforward approach to consistency requirements. Unlike many proprietary trading firms that impose strict consistency mandates, FX2 Funding offers a more relaxed framework, allowing traders to focus on achieving their profit targets and managing risk effectively.
Key Requirements
While FX2 Funding does not enforce specific consistency rules, there are a few key requirements that traders should be mindful of:
- •Minimum Trading Activity: Traders are expected to execute at least one trade every 30 days to maintain an active account status.
- •Prohibited Strategies: Certain trading strategies are not allowed, including high-frequency trading, arbitrage, latency trading, one-sided betting, and cross-account hedging.
- •Trading Restrictions: VPN usage is prohibited for accessing services in prohibited countries.
Traders at FX2 Funding benefit from the absence of stringent consistency rules, allowing them to employ diverse trading strategies without the pressure of maintaining specific trading patterns. The requirement to execute one trade every 30 days ensures account activity and trader engagement, while the lack of limitations on simultaneous positions offers flexibility in trade management.
To safeguard the trading environment, FX2 Funding prohibits certain high-risk strategies. This ensures a level playing field and protects the firm's capital resources. Moreover, traders can engage in news trading, but profits from trades executed within five minutes before or after high-impact news may be removed as a soft breach.
Impact and Benefits
By not imposing rigid consistency rules, FX2 Funding empowers traders to focus on their unique trading styles and strategies. This flexibility can lead to enhanced performance and satisfaction, as traders can operate without the constraints of enforced trading patterns. Additionally, the firm's clear guidelines on prohibited strategies and trading restrictions ensure a fair and secure trading environment.
Overall, FX2 Funding's approach to consistency rules is ideal for traders seeking autonomy and flexibility, while still benefiting from a structured and supportive trading framework.
Firm Rules
FX2 Funding offers a comprehensive trading environment that caters to diverse trading styles, making it an attractive option for traders seeking flexibility and freedom in their trading strategies. The firm supports a wide range of trading activities with specific rules and guidelines to ensure a fair and efficient trading experience.
Key Trading Rules
- •News Trading: Allowed with a soft breach policy. Profits will be removed if trades are executed within 5 minutes before or after high-impact news events.
- •Scalping: Permitted, allowing traders to capitalize on small price movements.
- •Expert Advisors: Fully supported, enabling automated trading strategies.
- •Weekend and Overnight Holding: Both are allowed, offering traders the flexibility to manage positions over weekends and overnight.
- •Hedging: Permitted, allowing traders to mitigate risk by opening positions in opposite directions.
- •No Consistency Rules: There are no specific rules regarding trading consistency, providing traders with more freedom.
FX2 Funding imposes certain restrictions to maintain market integrity and fairness. VPN usage is not allowed to access services from prohibited countries, including the United States, Canada, Afghanistan, Central African Republic, Congo, Cuba, Iran, and Russia. Additionally, certain trading strategies such as high-frequency trading, arbitrage, latency trading, one-sided betting, and cross-account hedging are prohibited.
Traders must maintain a minimum trading activity of at least one trade every 30 days, ensuring active participation in the trading environment. However, there is no specific limit on the maximum number of simultaneous positions.
Special Features
Traders at FX2 Funding can benefit from using popular platforms like MetaTrader 4, MetaTrader 5, cTrader, and DXTrade, enhancing their trading experience with advanced tools and features. The absence of a stop loss requirement offers traders additional flexibility in their risk management strategies.
In conclusion, FX2 Funding provides a trader-friendly environment with a focus on flexibility and freedom. While there are specific rules and restrictions in place to ensure a fair trading experience, traders will find ample opportunities to employ diverse trading strategies within the firm's guidelines.
Payout Policy
FX2 Funding is committed to providing a transparent and rewarding payout experience for traders. The company’s payout policy is designed to maximize trader benefits while ensuring flexibility and reliability.
Payout Structure
FX2 Funding offers an exceptional profit split arrangement that rewards traders progressively:
- •75% on the first payout
- •80% on the second payout
- •85% from the third payout onwards
- •Increase to 95% with an optional add-on
Payout Schedule and Methods
The firm provides multiple payout methods to accommodate diverse trader preferences:
- •Cryptocurrency (USDT TRC20)
- •Rise platform
- •Bank transfer
FX2 Funding guarantees a processing time of 48 hours for all payouts. In the rare event of a delay, the company offers a compensation of $100, showcasing their commitment to reliable and timely payouts.
Requirements and Benefits
To be eligible for payouts, traders must meet a minimum payout threshold of 1% of their initial balance. There are no minimum trading days required, allowing traders to withdraw their earnings whenever they reach the threshold.
Additionally, the company provides a first payout delay of just 7 days after funding, enabling traders to quickly start reaping the rewards of their trading efforts.
The combination of a generous profit split, multiple payout methods, and a robust guarantee system makes FX2 Funding a compelling choice for traders seeking a reliable proprietary trading firm.
Restricted Countries
Restricted Countries:
This firm maintains geographic restrictions in accordance with regulatory requirements and licensing limitations. These restrictions are in place to ensure compliance with local financial regulations and international trading laws.
The firm currently restricts access from 8 countries and regions. These restrictions may change based on evolving regulatory requirements and the firm's licensing expansion. Traders from restricted countries are advised to check with the firm directly for any updates to geographic availability.