FX2 Funding Review 2024

Jeremy Biberdorf
By: Jeremy Biberdorf
Sep 02, 2023
Disclosure: This page may contain affiliate links. This means we earn a small commission (at no additional cost to you) if you purchase a product through our links.
FX2 Funding Logo

4.3/5

4.3 rating based on 5 ratings

Learn More

In a Nutshell: In the ever-evolving forex market, proprietary trading firms have gained popularity for providing reliable funding solutions to traders and investors. These firms offer essential resources like capital, trading software, and education, aiding traders in reducing risks and excelling in the market.

FX2 Funding has a competitive edge in this proprietary firm with its user-friendly evaluation, competitive profit sharing, rapid payouts, and diverse support for trading strategies including training resources and a wide range of opportunities for traders. Despite being relatively new, FX2 Funding’s transparent approach and commitment to trader success shines through.

If you are looking for a prop trading firm then keep reading and we hope that our FX2 Finding review helps you determine whether this is the one for you!

Service TypeFees
Prop Trading FirmVariable
Pros & Cons
Pros
  • You'll enjoy a competitive payout ratio, allowing you to keep a significant portion of your trading profits.
  • FX2 Funding offers various account sizes, giving you options that suit your trading preferences.
  • The evaluation process is refreshingly straightforward and consists of just one step, making it easier for you to start.
  • Regardless of your preferred trading strategy—be it copy trading, news trading, or expert advisors (EAs)—FX2 Funding supports them all.
  • There's no need to stress about a ticking clock. Take your time, as FX2 Funding does not impose any time limits.
  • Once qualified, you'll trade with a live account right away. No demo-trading is required.
  • Benefit from advanced trading platforms, excellent educational materials, and guidelines for effective risk management.
  • Professional customer support is available around the clock, ready to assist you whenever you need help.
Cons
  • Since FX2 Funding is relatively new, it might be a bit challenging to assess its reputation and track records fully.
  • The maximum funding amount available is relatively low, capped at $200,000.

What Is FX2 Funding?

Meet FX2 Funding – a US-based venture that’s teamed up with the licensed Australian broker Eightcap to optimize its server operations. But that’s not all – this company was born with a unique vision: to bring something new and valuable to the table for traders and investors in the forex realm.

So, what sets FX2 Funding apart from the rest? Brace yourself – it’s all about giving you the freedom to trade your way. They’ve gone the extra mile by making registration and evaluation a breeze, waving goodbye to pesky stop-loss restrictions, and opening the door to all sorts of trading strategies and even weekend positions. It’s like a breath of fresh air in the forex industry!

Features of FX2 Funding

Let’s break it down – here’s what FX2 Funding is all about:

Trade Your Way:

  • They’re all for letting you trade in your own unique style.
  • Feel free to use copy trading, expert advisors (EAs), scalping, or news-based trading to make those profits.

Generous Profit Split:

  • Picture this: up to 85% of your profits stay right where they belong – in your pocket.
  • FX2 Funding is all about giving traders their due rewards.

Time Is Yours:

  • Trade at your own pace, no pressure.
  • You’re the boss – whether you want your account funded in a day, a month, or even a year, they’re flexible.

Simple as One-Step:

  • They’ve made the evaluation process a piece of cake – straightforward and fair.
  • Nail it, and you’re on your way to trading with their capital.

Real Action, Right Away:

  • Skip the demo stage – once you pass the evaluation, you’re trading on a real, live account.

Fast-Track Payouts:

  • Get ready for quick rewards – request your first payout after just seven days of trading.
  • From there, expect payouts every 14 days – they’re keeping things snappy.

The FX2 Funding Review on Pricing

Let’s uncover FX2 Funding’s fee strategy. It’s all about affordability without skimping on value. Savings of 30% to 50% compared to competitors make FX2 Funding a wallet-friendly choice. Fees range from $95 (Starter) to $925 (Master’s), each with substantial savings. Leveraging is robust, too: 1:100 on forex pairs, 1:5 on indices, and 1:2 on crypto pairs.

But here’s the kicker – FX2 Funding’s fees aren’t just budget-friendly; they’re refundable. After completing the evaluation and initiating your first payout request, that fee gets folded into your payout, making your investment pay off.

Flexibility also extends to payouts, thanks to FX2 Funding’s partnership with Deel.com. PayPal, Revolut, Bank Transfer, Wise, Payoneer, Coinbase, and Binance are all in the payout mix, adding convenience to the mix. In short, FX2 Funding offers a cost-efficient and comprehensive package for traders.

How Does FX2 Funding Work?

Alright, let’s break it down – FX2 Funding is all about keeping things simple and user-friendly, and they’ve got some unique approaches that set them apart:

Choice that Fits:

  • FX2 Funding offers five account types, ranging from $10,000 to $200,000 in live-funded capital.
  • Regardless of the account type, you can pocket up to 85% of your profits.

No Demos, Just Real Money:

  • Here’s a twist – there are no demo accounts at FX2 Funding. They’re all about giving you skin in the game from the get-go.
  • They’re driven by a company principle that’s all about fairness – no betting against their own traders.

Evaluation: One and Done:

  • Bucking the trend, FX2 Funding keeps things simple with a one-stage evaluation process.
  • It starts with a refundable evaluation fee, starting from $95.

How to Get Funded:

  • The magic number is 10% – once you’ve gained a 10% profit on your account balance, you’re in.
  • Three critical trading rules to remember: No exceeding a 6% drawdown on the total account size, no more than a 4% drawdown in a single day, and don’t stay inactive for 30 days or more.

No Rush, No Pressure:

  • Trade at your own pace, with no time constraints and no required minimum trading days.
  • When you hit that 10% gain and get the thumbs-up as a live trader, you can level up by withdrawing your percentage of profits. FX2 Funding sweetens the deal by upping your original account size by 10%.

Keep Growing:

  • And the growth doesn’t stop there. You can repeat the scaling-up process multiple times, up to a limit of $1,000,000.

So, FX2 Funding’s game plan revolves around simplicity, fairness, and flexibility – all designed to make your trading journey as smooth as possible.

Who is FX2 Funding For?

Navigating the landscape of proprietary trading firms opens up a world of possibilities for traders seeking enhanced funding solutions and comprehensive resources. Whether you’re just starting out, an experienced trader aiming to expand your strategies, a prop trader searching for simplicity, or someone with a unique trading style, FX2 Funding has tailored options to suit your needs. Let’s delve into the specifics of who can benefit the most from what FX2 Funding offers.

  • Undercapitalized Traders: If you’re a newcomer with big dreams but limited capital, FX2 Funding can give you the trading power you need.
  • Experienced Traders: Seasoned traders looking to supercharge their trading capital and explore new strategies can find a home with FX2 Funding.
  • Prop Traders on the Hunt: FX2 Funding offers a straightforward one-step evaluation process and flexible account choices for professional prop traders.
  • Trading Styles Galore: Whether you’re into news trading, scalping, swinging, day trading, or using expert advisors (EAs), FX2 Funding supports your style.

FX2 Funding Review – Final Thought

In a world where trading options can be complex and overwhelming, FX2 Funding stands out as a breath of fresh air. They’re changing the game for traders with their user-friendly approach, commitment to your success, and simplified evaluation process.

Whether you’re a seasoned pro or just starting out, FX2 Funding offers a supportive environment that puts your trading journey first. Ready to experience a new way of getting funded? Take the leap and explore what FX2 Funding has to offer. Your trading success is just a click away. Click here to check it out now!

Jeremy Biberdorf

About the Author:

Jeremy Biberdorf is the founder of Modest Money. He’s a father of 2 beautiful girls, a dog owner, a long-time online entrepreneur and an investing enthusiast.