FX2 Funding Review
Let's dive into our FX2 Funding Review. This firm offers expansive funded accounts to traders who show advanced currency-trading skills, providing them with a comprehensive trading toolkit, an elite global community, top-tier support, and a leading market profit share.
FX2 Funding, LLC, based in the United States, is supported by substantial private capital reserves. Our solid financial foundation allows us to undertake large-scale, long-term financial transactions. FX2 represents the next-generation proprietary trading firm that is enhancing the earnings of traders across the globe.
- Automated trading (Expert Advisors) - YES
- Platform for trading - MetaTrader 4, MetaTrader 5
- Leverage - up to 1:100
- Participation cost - from $80
- Weekend holding positions - allowed
- Grid and martingale trading - allowed
- Stop-loss Required - No
Go to the FX2 Funding website >>>
Expert Advisors Suitable for this Prop Firm:
FX2 Funding Programs
FX2 Funding offers the flexibility to engage in weekend holding, news trading, copy trading, and the utilization of Expert Advisors (EAs), allowing you to trade according to your preferred strategies. The firm does not enforce any mandatory time limits for completing its evaluation nor does it require a stop-loss. To qualify for funding, however, you must achieve at least a 10% profit in your trading activities without breaching the firm's drawdown regulations. The permitted daily drawdown is limited to 4% of the total funds in your account at the close of the previous trading day. Should your losses hit this 4% threshold, the system will identify the violation and your account will be automatically closed. To clarify, the "previous day's closing balance" refers to the cumulative funds in your account at the conclusion of the trading day.
2-Step Evaluation FX2 Funding Program
FX2 Funding rules:
- Profit Target - 8% (for the Evaluation stage) and 5% (for the Verification stage)
- Daily Drawdown - 4% (for the Evaluation stage) and 4% (for the Verification stage)
- Max Drawdown - 10% (for the Evaluation stage) and 10% (for the Verification stage)
- Leverage - 1:100
- Time Limit - not limited by time
- Minimum Trading Days - there is no minimum number of trading days
- Transferring trades through weekends is allowed
- Martingale and averaging - allowed
- Stop Loss - optional
- Expert advisors - allowed
Participation cost:
- $10,000 - $80
- $25,000 - $195
- $50,000 - $330
- $100,000 - $550
1-Step Evaluation FX2Funding Program
FX2 Funding rules:
- Profit Target - 10%
- Daily Drawdown - 4%
- Max Drawdown - 6% (for the Evaluation stage) and 10% (for the Verification stage)
- Leverage - 1:100
- Time Limit - not limited by time
- Minimum Trading Days - there is no minimum number of trading days
- Transferring trades through weekends is allowed
- Martingale and averaging - allowed
- Stop Loss - optional
- Expert advisors - allowed
Participation cost:
- $10,000 - $95
- $25,000 - $190
- $50,000 - $285
- $100,000 - $475
- $200,000 - $925
The Best Prop Firm passed software are here:
FX2 Funding Review and Our opinion about this Prop Firm
At the end of our FX2 Funding Review, we can say one single disadvantage of this company, namely, the Prop Firm does not have the MetaTrader 4 or MetaTrader 5 platforms. The company’s website states that they welcome automatic trading and do not limit traders in the choice of trading strategies. You can use martingale and averaging without problems. It is not necessary to set a Stop Loss. On the other hand, this company only provides cTrader and DX Trade for trading. You won't find good trading robots for these platforms. In simple words, automated trading is allowed in this Prop Firm, but there is no opportunity to use expert advisors.
Alternatively, you can use programs to copy trades from the MT4 platform to the cTrader platform, which can be a good solution for automated trading in FX2 Funding.
As the forex market evolves, proprietary trading firms are increasingly sought after, providing traders and investors with reliable and robust funding opportunities. These firms furnish both beginners and seasoned forex traders with essential trading resources including capital, platforms, and educational materials. These tools are crucial for excelling in the market and effectively managing risk. When choosing a proprietary trading firm, it's essential to assess factors such as the evaluation process, profit sharing terms, the quality of trading resources and technology, and the conditions of the funding agreements.
FX2 Funding sets itself apart with a simple, one-step evaluation process that includes flexible rules, a generous profit split, fast payouts, and strong, professional support. The competitive nature of the firm's profit sharing model ensures that traders keep a substantial share of their profits. FX2 Funding accommodates a range of trading strategies such as copy trading, news trading, and the use of expert advisors (EAs), providing traders with advanced tools and educational resources that offer a competitive edge in the FX market.
The straightforwardness and transparency of FX2Funding's evaluation and funding options highlight its dedication to the success of its traders. Its evaluation process is not only straightforward but also the most cost-effective on the market, with no restrictions on time.
Although relatively new to the industry, FX2Funding has rapidly built a strong reputation. Read on for a detailed review of the company, including its strengths, weaknesses, evaluation procedures, and how it differentia tes itself from other proprietary trading firms.
