Frequently Asked Questions

FX Funding is a proprietary trading firm that funds skilled traders with simulated capital. We evaluate traders through a structured challenge process, and those who demonstrate disciplined, rule-compliant trading are awarded funded accounts and receive a share of their simulated profits. We are not a broker, investment manager, or financial adviser.

Our mission is to give talented traders access to the capital they need to succeed — without requiring personal financial risk. We believe skill, not capital, should determine a trader's ceiling. We aim to be the most transparent, trader-first prop firm in the market: clear rules, fast payouts, and honest support.

Yes. FX Funding is a registered company. Our challenge products are simulated trading environments — not live financial instruments — which means we are not required to hold a financial services licence for this product. Our terms of service, privacy policy, and payout records are available to review. We have paid out over $4.2M to funded traders to date. You can view testimonials and community feedback to verify our track record.

All FX Funding challenge and funded accounts are simulated demo accounts. Trades are not executed in real markets. We use real market data and pricing, so the experience mirrors live trading — but no actual capital is traded. Payouts are made from our operating revenue based on your simulated performance results.

Anyone aged 18 or older can participate. We accept traders from most countries worldwide. You do not need a trading licence, formal education, or any minimum account balance. The only requirement is the ability to pass our challenge by trading within the rules. Some countries may be restricted due to local regulations — please check our Terms of Service for the current exclusion list.

We currently offer the 2-Step Challenge. This is a two-phase evaluation: Phase 1 requires you to reach a 10% profit target, and Phase 2 requires a 5% profit target. Both phases have the same drawdown rules. Successfully completing both phases qualifies you for a funded account.

We offer five account sizes:

• $10,000 — $99 one-time fee
• $25,000 — $199 one-time fee
• $50,000 — $249 one-time fee (Most Popular)
• $100,000 — $399 one-time fee
• $200,000 — $599 one-time fee

The fee is a one-time payment for access to the evaluation. There are no monthly subscription fees.

All account sizes share the same rules structure:

• Phase 1 Profit Target: 10%
• Phase 2 Profit Target: 5%
• Daily Drawdown Limit: 5% of account balance (calculated on end-of-day balance)
• Maximum Drawdown: 10% of initial account balance
• Minimum Trading Days: 5 calendar days per phase
• Time Limit: Unlimited — take as long as you need
• Profit Split (funded): 80% for $10K–$25K, 85% for $50K–$100K, 90% for $200K

Profit splits depend on the account size:

• $10,000 and $25,000 accounts: 80% to the trader
• $50,000 and $100,000 accounts: 85% to the trader
• $200,000 account: 90% to the trader

The profit split applies to your net simulated profit at the time of each payout request.

We do not offer a free trial. If you fail a challenge (by breaching a drawdown limit or violating a trading rule), you may purchase a new challenge at the same fee. There is no automatic reset. We recommend reviewing the rules thoroughly before starting and practising your strategy on a demo account first if needed.

The daily drawdown is calculated as 5% of your end-of-day account balance from the previous trading day (or initial balance on day 1). For example, if your account balance at the end of yesterday was $50,000, your maximum permitted loss today is $2,500 (5% × $50,000). Losses from open floating positions count toward the daily drawdown in real-time. If your balance drops to $47,500 at any point during the trading day, the account is breached.

The maximum drawdown is 10% of the initial account balance — it does not trail your highest balance. For a $50,000 account, the absolute floor is $45,000. Your account balance (including floating P&L on open trades) must never fall below this level at any point. This is an absolute, non-trailing rule.

Yes, Expert Advisors (EAs) and automated trading bots are permitted, provided:

• The EA is your own or you have a legitimate licence to use it
• The EA does not exploit pricing errors, latency arbitrage, or platform loopholes
• The strategy does not violate any other trading rule (hedging between accounts, etc.)

High-frequency trading (HFT) strategies exploiting system latency are strictly prohibited and will result in immediate account termination.

Overnight holding: Permitted. You may hold positions overnight. Standard swap rates apply on TradeLocker.

Weekend holding: Not permitted. All positions must be closed before the market closes on Friday (22:00 UTC on most instruments). Any position open at the weekend close will be considered a rule violation and may result in account breach.

Hedging within a single account (holding simultaneous long and short on the same instrument) is permitted on our platform.

Cross-account hedging — where you hold opposite positions across two or more FX Funding accounts simultaneously to guarantee profit or eliminate risk — is strictly prohibited. This is a form of risk-free arbitrage and constitutes abuse of the evaluation system. Any accounts found engaging in cross-account hedging will be terminated without payout.

The following strategies are not permitted:

• Latency arbitrage — exploiting delays in price feeds
• High-frequency trading (HFT) — automated strategies placing hundreds of trades per minute
• Cross-account hedging — holding opposing positions across multiple FX Funding accounts
• Copy-trading from a funded account — copying signals from a funded account into a challenge account (or vice versa) to manipulate results
• News spike exploitation — placing orders in the seconds immediately before a major news release to capture the spread anomaly

Legitimate strategies including scalping, swing trading, day trading, grid strategies, and manual EAs are fully permitted.

Standard news trading (entering positions before a news event and managing them through the release) is permitted. You are free to trade through economic data releases.

What is not permitted is exploiting the micro-second pricing anomaly that occurs immediately before a major release (sometimes called "news spike sniping"). This is detected automatically by our risk system.

You can trade all instruments available on TradeLocker, including:

• Forex: All major, minor, and selected exotic pairs
• Indices: US30, NAS100, SPX500, DAX40, FTSE100, and more
• Commodities: Gold (XAUUSD), Silver (XAGUSD), Oil (WTI and Brent)
• Crypto CFDs: BTC/USD, ETH/USD (selected pairs, subject to availability)

The full instrument list is visible once you log into your TradeLocker account.

Payouts are processed via:

• Cryptocurrency: USDT (ERC-20 or TRC-20 network)
• Bank Transfer (SEPA/SWIFT): Available for eligible countries

You can select your preferred payout method in your dashboard account settings. Crypto payouts are typically processed within 24 hours of approval. Bank transfers may take 2–5 business days.

After your initial qualifying period (see next question), you may request a payout once every 14 days. There is no cap on the number of payouts you can receive over time — as long as you have qualifying profit on your funded account.

To qualify for your first payout on a funded account, you must:

• Have been active on the funded account for at least 14 calendar days
• Have a net profit of at least $100 (or equivalent in your account currency) above your initial funded account balance
• Not be in violation of any trading rules at the time of the request

Once these conditions are met, submit a payout request via your dashboard and we will process it within 24 hours.

Yes. The minimum payout request amount is $100. There is no maximum payout limit — you can request your full available profit balance in one request if you prefer. Network transaction fees for crypto payouts are covered by us for amounts above $200. For amounts below $200, a small network fee may be deducted.

FX Funding does not deduct taxes from payouts. You are responsible for understanding and complying with the tax obligations in your country of residence. Payout income may be taxable in your jurisdiction. We recommend consulting a local tax adviser. We provide transaction records in your dashboard to support your reporting requirements.

We use TradeLocker — a modern, browser-based and desktop trading platform. It supports full charting tools, one-click trading, built-in position sizing, and real-time P&L tracking. TradeLocker is compatible with Windows, Mac, iOS, and Android. No download is required to use the web version. You will receive your TradeLocker login credentials immediately after purchasing your challenge.

Leverage varies by asset class:

• Forex (major pairs): Up to 1:100
• Forex (minor/exotic pairs): Up to 1:50
• Indices: Up to 1:20
• Commodities (Gold, Silver): Up to 1:20
• Crypto CFDs: Up to 1:2

We recommend using leverage conservatively. Over-leveraging is the primary cause of drawdown breaches among new challenge participants.

Using a VPN while trading is permitted, but we do not recommend it. VPNs can cause increased latency, connectivity issues, and in rare cases may trigger our fraud detection system if your location changes dramatically mid-session. If you do use a VPN, we recommend using a server in your country of residence. If your account is flagged for inconsistent location data, our support team will contact you to verify your identity.

Yes. Swap-free (Islamic) accounts are available upon request. To activate a swap-free account, contact our support team after purchasing your challenge. Please note: overnight holding is still subject to the standard drawdown rules even on swap-free accounts — the swap-free setting only removes the interest component charged for holding positions overnight.

We accept:

• Credit/Debit Cards: Visa, Mastercard
• Cryptocurrency: BTC, ETH, USDT (multiple networks)
• Bank Transfer: SEPA (EU) and SWIFT (international)

All payments are processed securely. Challenge fees are non-refundable once your account credentials have been delivered.

No. The only fee you pay is the one-time challenge fee at the time of purchase. There are no monthly fees, no inactivity fees, no data fees, and no hidden charges. Our costs are covered by the challenge fees and our share of the performance split — that's it. If you succeed, we succeed.

No. Each challenge and funded account is strictly personal. Account sharing — allowing another person to trade on your account — is a violation of our Terms of Service and will result in immediate termination of all accounts associated with your profile. We detect third-party trading patterns through our risk monitoring system. The evaluation is designed to assess your individual skill.

Funded accounts that have no trading activity for 30 consecutive calendar days will be marked inactive and may be closed. We will notify you via email before closing an inactive account. If you need to take a break for personal, technical, or health reasons, please contact our support team — we can accommodate reasonable requests on a case-by-case basis.

If you violate a trading rule during a challenge (e.g. breach a drawdown limit), the account is automatically closed. You will receive an email notification with the reason. Any profits generated on the account up to the point of violation are forfeited. You may purchase a new challenge to try again. Serious violations (account sharing, fraud, system exploitation) will result in a permanent ban from the platform.

You can reach our support team via:

• Email: Info@Fx-Funding.com
• Live Chat: Available via the chat widget on this website (business hours: Mon–Fri, 09:00–18:00 UTC)
• Discord: Join our community server for peer support and announcements

We aim to respond to all support tickets within 4 business hours.