Fx2 Funding Review 2024

What is Fx2 Funding?

FX2 Funding is a proprietary trading firm that provides funded accounts to traders demonstrating advanced currency-trading acumen. It is a US-based company that partners with the licensed Australian broker Eightcap for its servers. The firm was built from the ground up with the idea of providing a novel, “value-adding” service to traders and investors in the forex industry. FX2 Funding offers a variety of funded account programs, each tailored to different trading needs. These programs range from a $10,000 Starter account to a $200,000 Master account. Each program has a profit target, a maximum daily loss, a trailing drawdown, and a refundable fee. One of the standout features of FX2 Funding is its high-profit split. Traders can collect up to 85% of the profits. This competitive payout ratio ensures that traders keep a significant percentage of their trading profits. FX2 Funding also stands out for its straightforward one-step evaluation process. To access the funded accounts, traders need to pass this evaluation. Since FX2 bears the total loss risk for its funded accounts, it’s important for the firm to verify that the trader is indeed talented and deserving of capitalization. Another notable feature is the flexibility it offers to traders. Whether a trader prefers to copy trade, use an Expert Advisor (EA), scalp, or trade the news, FX2 Funding supports their preferred trading method. There are also no time limits, allowing traders to trade at their own pace. Once a trader receives their funded account and requests their first payout, FX2 Funding will refund their entire evaluation fee. Traders can request their first payout after 7 days, and then every 14 days. In conclusion, FX2 Funding is a game-changing prop firm that puts traders first. It provides expansive funded accounts, equips traders with a comprehensive trading toolkit, offers world-class support, and a market-leading profit split. Its mission is to help traders grow their wealth.

What is the Review Rating of Fx2 Funding?

What are the Pros of Fx2 Funding?

FX2 Funding is a prop firm that offers a number of advantages to traders. Here are some of the key benefits:. High-Profit Split: FX2 Funding offers a high-profit split of up to 85%. This means that traders get to keep a significant portion of their profits, which is a major advantage over many other prop firms. Flexible Trading Styles: Whether you prefer to copy trade, use an EA, scalp, or trade the news, FX2 Funding supports a variety of trading styles. This flexibility allows traders to profit using their preferred trading method. No Time Limits: With FX2 Funding, there are no time limits for trading. Traders can trade at their own pace, whether they want to get their account funded in one day, one month, or one year. One-Step Evaluation: The evaluation process at FX2 Funding is fair and simple. This makes it easier for traders to pass and get their accounts funded. Refundable Evaluation Fee: Once you receive your funded account and request your first payout, FX2 Funding will refund your entire evaluation fee. This is a unique feature that sets FX2 Funding apart from many other prop firms. Quick Payouts: Traders can request their first payout after 7 days, then every 14 days. This ensures that traders can access their profits in a timely manner. Large Funded Accounts: FX2 Funding offers funded accounts ranging from $10,000 to $200,000. This provides traders with the opportunity to trade with significant capital. No Stop Losses Needed: Unlike many other prop firms, FX2 Funding does not require traders to use stop losses. This gives traders more freedom in managing their trades. No Time Duration on Challenges: FX2 Funding does not impose a minimum or maximum time duration on its challenges. This allows traders to complete the challenges at their own pace. In conclusion, FX2 Funding offers a number of significant advantages for traders, making it a compelling choice for those looking to trade with a prop firm.

What are the Cons of Fx2 Funding?

FX2 Funding, a relatively new proprietary trading firm, offers traders real/live trading capital ranging from $10,000 to $200,000. Despite its unique offerings and competitive advantages, there are several drawbacks that potential traders should be aware of:. Reputation and Track Record: Being a new player in the market, it might be challenging to fully assess FX2 Funding’s reputation and track records. This could be a concern for traders who prefer to work with established firms with proven track records. Maximum Funding Limit: The maximum funding amount available is capped at $200,000. This limit might not be sufficient for traders who are looking for higher capital. Withdrawal Restrictions: There are restrictions on the withdrawal of scaled capital in the live account. This could be discouraging for traders who wish to withdraw their profits during the scaling process. Account Locking Period: The account locking period is quite long, taking up to sixty days. This could be inconvenient for traders who wish to have more flexibility with their accounts. Refund Policy: The refund policy comes with no guarantee. This could be a risk for traders who might need to request a refund. Trading Platform: Some traders have reported experiencing latency issues while trading using MT4. This could affect the trading experience, especially for high-frequency traders. Spreads: Some traders would prefer smaller spreads. The spreads do not change with liquidity, meaning they stay the same throughout the day. Strict Rules: The firm has strict rules and traders can’t lose 4%. This could be a challenge for traders who are not used to such restrictions. These points should be carefully considered by anyone thinking about seeking funding from FX2 Funding. While it offers several advantages, these drawbacks could impact a trader’s experience and success with the firm.

Is Fx2 Funding Regulated and who are the Regulators?

FX2 Funding is a proprietary trading platform that supports highly skilled yet undercapitalized traders in growing their wealth. The firm provides expansive funded accounts to traders demonstrating advanced currency-trading acumen, equipping them with a comprehensive trading toolkit, an elite global community, world-class support, and a market-leading profit split. FX2 Funding, LLC is a United States entity backed by expansive private capital holdings. However, it is important to note that FX2 Funding is not authorised or registered by the Financial Conduct Authority (FCA). The FCA has issued a warning about this firm, stating that it may be providing or promoting financial services or products without their permission. This means that if you deal with this firm, you won’t have access to the Financial Ombudsman Service if you have a complaint. You also won’t be protected by the Financial Services Compensation Scheme (FSCS) if things go wrong. This means it’s unlikely you’d get your money back if the firm goes out of business. The FCA advises that you should only deal with financial firms that are authorised by them. If a financial firm is authorised by the FCA, it gives you greater protection if things go wrong. You can check the FCA’s Financial Services Register to make sure a firm is authorised and has permission for the service it’s offering you. In conclusion, while FX2 Funding offers a range of services to traders, it is not regulated by the FCA. Therefore, individuals should exercise caution when dealing with this firm.