FundYourFX
FundYourFX is a proprietary trading firm founded in 2021, offering instant funding and evaluation-based accounts with scaling up to $3 million. The firm provides three main programs: Instant Funding (no challenge), 1-Phase evaluation, and 2-Phase evaluation with up to 95% profit split.
Verification pending
Fees and rules can change. Check the firm’s official terms before purchasing.
What is FundYourFX and what makes it unique?
FundYourFX is a proprietary trading firm headquartered in Hong Kong, specializing in providing traders with substantial capital to trade. What sets it apart is its high profit split of 85%, growing to 95% with consistent performance, and a massive maximum funding limit of $300 million. Additionally, it allows news trading and scalping, providing traders with flexible trading options.
What are the main features of FundYourFX's trading program?
FundYourFX offers a unique trading environment with no minimum trading days, a maximum drawdown of 10%, and a profit target of 8%. It supports platforms like Match-Trader and MetaTrader 5 and allows weekend holdings. However, it restricts strategies such as high-frequency trading and the use of Expert Advisors.
Does FundYourFX have any reviews or ratings?
As of now, FundYourFX does not have any Trustpilot reviews or ratings. This might be due to its recent establishment or low market penetration. Potential traders should consider this lack of feedback when evaluating the firm's offerings.
How much funding can I get with FundYourFX?
Traders can access up to an impressive $300 million in funding through FundYourFX. This substantial amount allows traders to scale their trading strategies significantly and potentially maximize their profit opportunities.
What are the limits and restrictions on FundYourFX accounts?
FundYourFX imposes a maximum drawdown of 10% and limits traders to three simultaneous positions per asset direction. Additionally, strategies like copy trading, arbitrage, and high-frequency trading are prohibited to maintain fair trading practices.
What happens if I violate FundYourFX's trading rules?
Violating FundYourFX's trading rules, such as engaging in prohibited strategies, may result in account suspension or termination. It is crucial for traders to adhere to the firm's guidelines to maintain their trading privileges and receive payouts.
What are the evaluation requirements for FundYourFX?
FundYourFX requires traders to achieve an 8% profit target without exceeding a 10% drawdown. There are no minimum trading days required, allowing traders to progress at their own pace once they meet the profit and drawdown criteria.
What fees are associated with FundYourFX's evaluation process?
FundYourFX's evaluation fees range from $5,300 to $49,700, depending on the funding level desired. This fee structure allows traders to access varying amounts of capital based on their financial commitment and trading capabilities.
What are the specific trading rules during the evaluation phase?
During the evaluation phase, traders must adhere to rules such as a 10% maximum drawdown and achieving an 8% profit target. Utilizing prohibited strategies like EA trading or copy trading will result in disqualification from the evaluation.
What trading platforms are available with FundYourFX?
FundYourFX supports trading on the Match-Trader and MetaTrader 5 platforms. These platforms are popular among traders for their comprehensive analytical tools, user-friendly interfaces, and robust execution capabilities.
Are there any restrictions on trading strategies with FundYourFX?
Yes, FundYourFX prohibits strategies such as copy trading, arbitrage, Martingale, high-frequency trading, and the use of automated trading systems like Expert Advisors. Traders must adhere to these rules to maintain their accounts.
Can I hold positions over the weekend with FundYourFX?
Yes, FundYourFX allows traders to hold positions over the weekend. This flexibility enables traders to implement longer-term strategies without being forced to close positions at the end of the trading week.
Is news trading allowed with FundYourFX?
FundYourFX permits news trading, but traders must avoid bracket strategies and refrain from placing new orders two minutes before and after high-impact news releases. This policy ensures fair trading conditions during volatile news events.
How does FundYourFX's profit split work?
FundYourFX offers an initial profit split of 85%, which can increase to 90% after six successful payouts and 95% after ten. This progressive structure rewards consistent performance and offers traders an attractive opportunity to maximize earnings.
Are there any conditions to qualify for the higher profit split tiers at FundYourFX?
To qualify for FundYourFX's higher profit split tiers, traders must achieve six payouts to receive a 90% split and ten payouts for the 95% split. This structure incentivizes traders to maintain consistent profitability.
What is the payout schedule for FundYourFX?
FundYourFX processes payouts weekly, every Friday, with a minimum payout amount of $200. This regular schedule allows traders to consistently access their earnings, with processing times typically between 24-48 hours.
What payout methods are available with FundYourFX?
FundYourFX offers payouts via bank transfers and cryptocurrencies, including USDT, USDC, BTC, and ETH. This variety provides traders with flexibility in how they choose to receive their earnings.
How can I contact FundYourFX support, and what are the expected response times?
Traders can contact FundYourFX support through their official website or email. Response times vary, but the firm aims to address inquiries promptly to ensure traders receive the assistance they need.