At FX2 Funding, we guarantee to process your payout within 48 hours from the time your payout is approved. If we fail to meet this timeframe, we will add an extra $100 to your payout. We are committed to reliability and transparency, ensuring our traders receive the best service.
How it works
After your requested payout is approved, you can expect to receive it within the next 48 hours. We offer payouts in either Crypto or Rise. To expedite the process, please send your USDT (TRC20) crypto wallet address to our accounting team at risk@fx2funding.com.
Please note that if you do not provide the necessary information promptly, your payout may be delayed, and FX2 will not be responsible for such delays. FX2 will also not be held responsible for delays caused by 3rd-partys involved in this transaction. During weekends, the 48-hour countdown pauses, but we will still strive to process your payout as quickly as possible.
FX2 traders receive a simulated account for trading. It's crucial to understand that this account does not involve real funds, and trades are executed in a simulated environment using market quotes from liquidity providers. FX2 traders may never engage in actual transactions on live markets through their FX2 Accounts.
FX2 simultaneously operates its own independent trading activities utilizing real financial resources. During this process, FX2 may incorporate trading data obtained from FX2 Traders' demo accounts, which is strictly for analytical purposes.
It goes without saying. that while FX2 traders do not have access to real funds or live accounts, they are of course eligible for a genuine financial reward based on the success of their simulated trades on the FX2 account, provided there is compliance with contractual conditions.
A request can be easily made by clicking the blue withdraw button in the “wallet” tab of your dashboard. The minimum payout is 1% of your initial balance. Withdrawals are processed within 48 hours, with options for Crypto payouts or direct bank transfers via our partner, Rise.
You can create a Rise account here.
We accept credit cards and cryptocurrency payments for our programs. If you would like to pay via a bank transfer, please contact our support team for instructions.
In cTrader, Forex and Metals trades are $4 per lot per round trip, while Indices, Energies, and Crypto trades are commission-free. In DXtrade, Forex and Metals trades are $7 per lot per round trip, while Indices, Energies, and Crypto trades are commission-free.
You can check the full list of our available trading asset here.
It depends which FX2 platform you're using. As of the moment, DXtrade doesn't currently integrate with expert advisors. If you are trading with MT5 or cTrader, then you may use expert advisors, as long as they aren't high-frequency-trading, arbitrage or other malicious, cheating EAs.
At FX2 Funding, we prioritize the integrity of our trading community and the fair operation of financial markets. To uphold these principles, we strictly prohibit certain trading activities aimed at manipulating, abusing, or exploiting the trading system. Traders found engaging in prohibited activities will face account suspension or termination without refund.
High-Frequency Trading (HFT) involves the use of advanced computer algorithms and high-speed communication networks to execute a large number of trades within milliseconds. This practice seeks to profit from small price differentials and market inefficiencies.
Latency trading involves trading based on delayed market data or exploiting execution delays to secure guaranteed profits. At FX2 Funding, we condemn latency trading due to its unethical nature and its violation of fair trading principles.
One-sided betting entails consistently taking positions in a single direction without proper market analysis. This speculative approach disregards fundamental news, economic indicators, or technical signals, increasing the risk of substantial losses.
Arbitrage trading exploits price disparities or time discrepancies across different markets or platforms to generate risk-free profits. This practice is strictly prohibited at FX2 Funding to maintain fair market conditions.
While hedging within the same account is permitted, utilizing multiple accounts for hedging purposes is prohibited as it does not constitute a valid trading strategy. Engaging in hedging activities across multiple accounts is not allowed.
Any attempt to gain an unfair advantage through platform or data freezing resulting from demo server errors is strictly forbidden. Such actions undermine fair competition and will result in investigation and potential sanctions.
Customers are prohibited from granting access to their evaluation and funded accounts to third parties or engaging in trading activities on behalf of others. This includes cooperation with third-party individuals or entities for account management or trading purposes.
Additionally, customers must adhere to standard risk management practices when trading financial markets, including maintaining appropriate position sizes relative to their account equity.
The FX2 Risk Management Department retains the discretion to identify and address forbidden trading practices, which may result in account termination or stricter risk management guidelines.
Yes, holding trades over these periods is permitted.
In all FX2 programs, the trader may hold trades during high-impact news events. However, any trades executed within a window of 5 minutes before to 5 minutes after a high-impact news event will be considered a soft breach. In such cases, any profits made during the news event will be removed and any losses will be the responsibility of the trader. This rule applies to all order types, including market orders and pending orders (e.g. Take Profit, Stop Loss, Limit Order, Stop Order). The FX2 risk-management team will review each account individually and make decisions based on various factors and risk parameters. Swing traders holding trades for extended periods will be dealt with more leniently, but it's recommended to avoid executing any pending orders prior to high-impact news events.
What are considered news events?
Please refer to the ForexFactory calendar for a list of applicable news events with high impact, the red label icon. Restrictions will only apply to the currencies affected by the news event. For example, high impact news affecting the USD will restrict trading on USD-denominated pairs such as EUR/USD, GBP/USD, XAU/USD, US indices, etc.
The maximum capital allocation is currently $300,000, with restrictions on account combinations.
You cannot merge your accounts. You may use your own trade copier, if you have multiple FX2 accounts.
No, FX2 Funding is not a broker. We provide simulated trading accounts to traders who successfully pass our evaluations.
Joining our affiliate program is straightforward. Visit our website, fill out the necessary details, and submit your application for review.
FX2 now has three trading platforms to choose from, cTrader, MT5 and DXtrade. cTrader is our own main label license, while MT5 and DXtrade are white label versions. The DXtrade white label is called Gooey Trade. cTrader offers direct quotations from multiple liquidity providers for optimal trading conditions. MT5 uses Intertrader as the broker and DXtrade uses Thinkmarkets as the broker and offers TradingView chart integration for a comprehensive trading experience.
Gooey Trade is a white-labeled product of DXtrade. FX2 will send you credentials that will work in our white-labeled version only, whether on the web version or the application. You will not be able to access your FX2 DXtrade account by going to DXtrade's site or using the DXtrade app.
We now offer the Metaquotes platform MT5 server.
FX2 welcomes traders from around the world with the exception of residents or citizens from the following countries:
Please note that the list is subject to change, and it is essential to verify eligibility based on the latest updates from FX2.
Yes, join our Discord community here.
The profit target is 10%. Once achieved without breaching the daily or maximum drawdown limits, you will be assigned a virtual funded account.
This is the max loss allowed per day. If your negative threshold exceeds it, the account is terminated. It's calculated as -4% of the higher value between the closed balance and equity (all open and closed trades) at 5pm EST. For example, starting the day with a closed balance of $103,000 and equity of $105,000, the daily drawdown is -$4,200 ($105,000 x -4%). If anytime during the day the equity falls below $100,800, the account closes.
The maximum drawdown starts at 6% below your starting balance and trails from the high water mark of your closed balance. If your equity falls below this threshold, your account will be terminated. Once you achieve a 6% gain (with a closed balance), the drawdown limit is locked at your original starting balance, and you can freely compound the account.
Leverage offered includes 1:100 on FX pairs, 1:30 on Metals, 1:25 on Indices, 1:10 on Energy, and 1:2 on Crypto.
Once a trader is funded, there is no profit target per se, but it's unadvisable to withdraw profit before reaching 5-6%, because once you request a payout your maximum drawdown will be your initial starting capital balance.
Example: A $100,000 funded trader who profits $3,000 may request a payout for $2,000. After receiving his payout, his account balance will be $101,000 and his new maximum drawdown will be at $100,000, not leaving him enough room to trade comfortably. It is suggested that this trader make at least $5,000 - $6,000 of profit and then anything above that should be requested as a payout.
No, there are no minimum trading days required to pass the evaluation.
No, take as long as you need. There’s no rush.
After passing, you'll need to complete KYC verification, sign a contract, and open a Rise account. The verification process by our risk management team typically takes up to 48 hours.
Your first payout can be requested 7 days after your first trade. Payouts can then be requested every 14 days. The initial profit split is 75/25, changing to 80/20 for the second payout, and 85/15 thereafter. The minimum payout is 1% of your initial balance. For example, a $10,000 virtual funded account can request a minimum payout of $133, which with 75% to the trader would be a $100 virtual payout.
Yes, the fee will be refunded with your first approved payout. Evaluation fees paid via credit card will be refunded to the card. Fees paid via crypto will be refunded either via crypto or added to your rise account.
No, there are no add-ons available for the 1-step evaluation.
The initial target in the first step is 8%. After reaching this target, a second simulated account will be sent to you with a 5% target. Traders who successfully complete both phases will be assigned a virtual funded account.
Important Note: The daily drawdown for the 2-step evaluation is calculated differently than the 1-step evaluation. In the 2-step evaluation, the daily maximum loss limit is 4% from the highest of your floating equity and balance as of the previous day (5pm EST).
The maximum drawdown is fixed at 10% of your initial balance throughout the account's lifetime. For example, with $100,000 two-phase account, your negative equity cannot go below $90,000 at any time.
The leverage settings are identical to the 1-step program. Leverage offered includes 1:100 leverage on all the FX pairs, 1:30 on Metals, 1:25 on Indices, 1:10 on Energy and 1:2 on Crypto.
No, there are no minimum trading days required to pass the evaluation.
No, take as long as you need. There’s no rush.
The profit split is 80/20. You can opt to increase your share to 95% by purchasing the add-on upon checkout. Payout requests are available bi-weekly, starting 14 days after your first trade.
Upon successful completion of the 1st evaluation, you will automatically receive the second evaluation account. After passing the second phase, you'll need to complete KYC verification, sign a contract, and open a Rise account. The verification process by our risk management team typically takes up to 48 hours.
Yes, the evaluation fee is refundable and can be claimed with your third payout.
Yes, add-ons for the two-step evaluation are available in the purchase process. You can boost your profit split to 95% and reduce the payout interval from 14 days to 5 days.
