FX2 Funding Review
Prop firm trading has been a hot topic of discussion in recent years, with more and more people looking to invest in digital assets and get funded. As the market grows, so does the number of prop firms, making it difficult for novice traders to choose the right platform to begin their trading journey. That’s where FX2 Funding comes in – a beginner-friendly prop firm that aims to simplify the process of forex &cryptocurrency trading for its users.
FX2 Funding offers a wide range of features that make it the perfect platform for novice traders. With its user-friendly interface, even those who are new to forex trading can easily navigate through the site and start trading. The platform also offers a variety of trading tools, including real-time market data, advanced charting tools, and a demo account, allowing traders to practice their strategies risk-free.
One of the best things about FX2 Funding is its commitment to security. The platform uses advanced security protocols to ensure the safety of its users’ funds and personal information. Additionally, the FX2 Funding broker is running as if it is already regulated, by ensuring that it operates in compliance with relevant laws and regulations.
- Funding Opportunity with Limited Personal Capital
- Comprehensive Educational Resources
- Structured Risk Management
- Performance-Based Profit Sharing
- Real Market Experience
- Access to Professional Tools and Platforms
- Supportive Trading Community
- Possible Monthly Fees
- Pressure to Maintain Performance
- Limited Trading Independence
Another great feature of FX2 Funding is its customer support. The platform offers round-the-clock support to its users, ensuring that any issues or concerns are addressed promptly and effectively. Whether you have a question about the trading platform or need assistance with a trading strategy, the FX2 Funding support team is always available to help.
Overall, FX2 Funding is an excellent platform for novice traders looking for a beginner-friendly exchange. In this FX2 Funding review, we will take a closer look at what makes them stand out and why it is the ideal choice for beginners and experienced traders a like. So, buckle up and let’s dive in!
What Are The Options For Funded Accounts?
At FX2 Funding, a world of trading opportunities awaits as they provide aspiring traders with various account sizes to explore the dynamic realm of forex trading while securing a share of profits from their live-funded accounts. Delving into the diverse funding programs offered by this prop firm, traders gain access to a range of options tailored to their needs and trading goals.
The Starter Account Size
For those looking to embark on their trading journey with a cautious step, the Starter account size presents an ideal choice. With an initial account balance of $10,000, traders in this category can anticipate a profit share of up to 85% in their live-funded account.
The Intermediate Account Size
Stepping up the ladder, the Intermediate account size boasts an account balance of $25,000. This intermediate level offers traders an opportunity to grasp a profit share of up to 85% once approved for trading in the live-funded account.
The Professional Account Size
For traders who are honing their skills and aiming for a more substantial trading experience, the Professional account size beckons. Featuring an account balance of $50,000, this level also promises a profit share of up to 85% in the live-funded account.
The Expert Account Size
Venturing into the realm of expertise, the Expert account size showcases a tradable account balance of $100,000. Traders at this level are poised to gain a substantial profit share of 85% in the live-funded account, reaping the rewards of their mastery.
Master Account Size
At the pinnacle of account sizes, the Master account size beckons with a remarkable account balance of $200,000. For those who dare to conquer the heights of trading excellence, the Master Account like all others promises an 85% profit share upon progressing to the live-funded account.
The Evaluation Process
Starting your journey, the evaluation stage is a cornerstone of the FX2 Funding experience. Here, traders aim to achieve a profit target of 10% on their account balance. The beauty lies in the flexibility; the prop firm empowers traders to trade at their own pace without imposing rigid time constraints. Achieving the profit target within 10 days is the goal, but the maximum number of trading days isn’t set. This adaptable approach ensures traders have the freedom to trade over the span of their choosing while working toward their target.
In this dynamic stage, you’re required to trade for a minimum of ten days, providing ample time to hone your skills and strategize effectively. The emphasis is on hitting the profit target while enabling traders to extend their trading period as needed. FX2 Funding’s philosophy is to empower traders, offering them the time they require to thrive in the evaluation process. This is way we have choosen to add FX2 Funding to our top prop firms section as well.
Account Approval
Once you’ve successfully completed the evaluation stage, your account gains approval to step into the live-funded account realm. FX2 Funding distinguishes itself with a streamlined evaluation process, simplifying the journey for traders to qualify for their live-funded accounts with one stage evaluations.
The live-funded account is where your skills truly shine as you commence trading with real funded capital. The enticing prospect of earning up to an 85% profit share awaits, transcending the account sizes and encompassing all chosen trading tiers. It’s imperative to adhere to the trading rules outlined by FX2 Funding to ensure a smooth and rewarding trading experience.
In essence, FX2 Funding isn’t just a platform; it’s an odyssey of growth, empowerment, and potential. By offering a range of account sizes tailored to different aspirations, coupled with flexible evaluation stages, FX2 Funding has positioned itself as a prop firm that understands and supports traders on their path to success.
What sets FX2 Funding apart from other proprietary trading firms?
What makes FX2 Funding the ideal choice? Let’s take a closer look at what sets it apart from other prop firms.
First and foremost, FX2 Funding is a user-friendly exchange that simplifies trading for its users. The platform offers a range of features that make it easy for even the most inexperienced traders to navigate and start trading. From a user-friendly interface to advanced charting tools, FX2 Funding has everything you need to begin your trading journey.
But that’s not all. FX2 Funding is also committed to security. With advanced security protocols in place, you can rest assured that your funds and personal information are safe and secure.
Customer support is another area where FX2 Funding shines. The platform offers round-the-clock support to its users, ensuring that any issues or concerns are addressed promptly and effectively. Whether you have a question about the platform or need assistance with a trading strategy, the FX2 Funding support team is always available to help.
And let’s not forget about education. FX2 Funding offers a comprehensive set of educational resources that are tailored to beginners. The platform features an extensive library of articles, tutorials, and video courses that cover everything from the basics of cryptocurrency to advanced forex trading strategies. This makes it easy for novice traders to learn about the market and develop their trading skills. Then once they are ready can pick a smaller trading account such as a $10,000 starter account.
Finally, FX2 Funding offers competitive fees and a wide range of trading pairs, making it an attractive option for both novice and experienced traders. With low fees and a diverse selection of pairs, traders can easily find the assets they want to trade without breaking the bank.
Is Obtaining Funding From FX2 Funding Realistic?
As a novice trader, you may have heard about the potential profits and excitement of cryptocurrency trading, but getting started can be daunting. That’s why you need a beginner-friendly exchange that offers all the tools and support you need to start trading with confidence. And that’s where FX2 Funding comes in!
One of the most significant advantages of FX2 Funding is how easy it is to obtain a funded account. The platform offers a straightforward registration process that takes just a few minutes to complete. Whether you’re an individual trader or a business owner, you can easily create an account and start trading in no time.
You can select from a range of funding options, including bank transfers and multiple cryptocurrencies. Whether you prefer to start small or invest more significant amounts, FX2 Funding offers flexible funding options to suit your needs.
Another aspect that makes FX2 Funding stand out is its user-friendly interface. The platform is easy to navigate, even for those with little or no trading experience. You can quickly access the trading dashboard, deposit and withdrawal options, and other essential features without any hassle.
Furthermore, FX2 Funding offers extensive educational resources that are tailored to beginners. The platform features a vast library of articles, tutorials, and video courses that cover everything from the basics of cryptocurrency to advanced trading strategies. This makes it easy for novice traders to learn about the market and develop their trading skills.
But that’s not all. FX2 Funding also offers 24/7 customer support to ensure that you have the assistance you need whenever you need it. Whether you have a question about your account, a trade, or a technical issue, the FX2 Funding support team is always available to help.
And when it comes to fees, FX2 Funding is highly competitive. The platform offers low trading fees, with no hidden charges or commissions. This means that you can trade with confidence, knowing that you’re getting a fair deal.
FX2 Funding Customer Support and Help
Email: support@fx2funding.com
Telephone: +1 (516) 548-6471
Social Media Profiles
- Instagram profile with 6,471 followers
- Twitter account with 3,335 followers
- Youtube channel has 3o5 subscribers with 17 videos.
- Facebook page with 40k followers
- TikTok page with 2424 followers
- Discord group with 1,704 followers
FX2 Funding Trust Pilot Reviews
FX2 Funding has received great customer feedback from its traders on Trust Pilot. With an overall score of 4.3 out of 5 from 59 reviews.
Conclusion
In conclusion, FX2 Funding is a platform worth considering for any novice or experienced trader looking for a user-friendly and straightforward proprietary trading platform. With its flexible funding options, low trading fees, and extensive educational resources, FX2 Funding makes it easy for beginners to start trading confidently and responsibly in the forex market. The platform’s evaluation process is straightforward, making it simple to get started, and the 24/7 customer support ensures that you’ll have assistance whenever you need it. Whether you’re an individual trader or a business owner, FX2 Funding offers a wealth of features that make it a top contender.
One of the best things about FX2 Funding is its flexible funding options. Whether you prefer to use bank transfers, credit cards, or e-wallets, you can find a funding option that suits your needs. This means that you can start trading with the payment method that you’re most comfortable with.
But that’s not all. FX2 Funding also offers a vast library of educational resources that are designed to help novice traders learn the ins and outs of the market. From basic concepts to advanced trading strategies, you can find everything you need to develop your skills and become a confident and responsible trader.
Another advantage of FX2 Funding is its low trading fees. The platform offers competitive rates, with no hidden charges or commissions, which means that you can trade with peace of mind, knowing that you’re getting a fair deal. This makes FX2 Funding an excellent choice for those who want to minimize their trading expenses and maximize their profits.
Finally, FX2 Funding provides 24/7 customer support to ensure that you get the assistance you need whenever you need it. Whether you have a question about your account, a trade, or a technical issue, the FX2 Funding team is there to help you out. This level of support is essential, especially for traders who may have little experience trading in the markets.
So don’t wait any longer – sign up today!
FAQ’s
The maximum drawdown starts at negative 6% of your starting balance. If your negative equity reaches this level, the account will be terminated. However, as you make profits, the drawdown amount trails up until you achieve a 6% return, post which it locks at the starting balance, allowing for account compounding without exceeding the maximum drawdown limit.
Yes, once you pass the evaluation and make your first payout request, FX2 Funding will reimburse your evaluation fee by adding it to your payout.
You can scale up your account by achieving a profit of 10%, post which you must request a payout for your share of the profit and FX2 Funding will match it with a 10% increase in your capital. This process can be repeated with every 10% profit, although it’s manual and requires a request to the support team for scaling up.
Accounts can be lost through three ways: incurring a 4% drawdown in a single day, incurring a 6% drawdown on total account size, or remaining inactive for 30 or more days. However, exceptions for inactivity can be made on a case-by-case basis under extreme circumstances.
Traders are eligible for their first payout only 7 days after receiving their funded account, with subsequent payouts available every 14 days. There’s no specific profit target for withdrawals, although it’s advised to reach a 5-6% profit before requesting a payout due to drawdown reset rules.
