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Overview of FundYourFX Forex Prop Firm

TheTrustedProp
Date: May 11, 2024

In the world of trading, opportunities often come with strings attached - long demo periods or hefty upfront fees. However, FundYourFX, a London-based proprietary trading firm, is changing the game. Founded in 2021, FundYourFX provides traders with instant funding without the hassle of a traditional evaluation process. In this article, we'll delve into the details of FundYourFX and how it's revolutionizing the way traders access capital.

Company Details

Name: FundYourFX

Legal Name: Undisclosed

CEO: Undisclosed

Incorporated: 2021

Registered Address: 128 City Rd, London, EC1V 2NX, United Kingdom

Challenge Details

FundYourFX offers a unique proposition - instant funding with no evaluation process. Traders can choose from three distinct plans: Starter, Standard, and Professional.

Starter Plan Details

Level 1

  • Funding Balance: $6,000
  • Max. Drawdown: 5%
  • Profit Share: 50/50
  • Target: 10%
  • Max. Time: 90 days
  • Stop Loss Rule: Yes
  • Max. Trading Volume: Yes

Level 2

  • Funding Balance: $13,000
  • Max. Drawdown: 5%
  • Profit Share: 50/50
  • Target: 10%
  • Max. Time: 90 days
  • Stop Loss Rule: No
  • Max. Trading Volume: Yes

Level 3

  • Funding Balance: $13,000
  • Max. Drawdown: 7%
  • Profit Share: 50/50
  • Target: 10%
  • Max. Time: 90 days
  • Stop Loss Rule: No
  • Max. Trading Volume: Yes

Level 4

  • Funding Balance: $50,000
  • Max. Drawdown: 7%
  • Profit Share: 70/30
  • Target: 10%
  • Max. Time: 120 days
  • Stop Loss Rule: No
  • Max. Trading Volume: No

Level 5

  • Funding Balance: $250,000
  • Max. Drawdown: 10%
  • Profit Share: 80/20
  • Target: 10%
  • Max. Time: 180 days
  • Stop Loss Rule: No
  • Max. Trading Volume: No

Level 6

  • Funding Balance: $500,000
  • Max. Drawdown: 10%
  • Profit Share: 90/10
  • Target: 10%
  • Max. Time: Unlimited
  • Stop Loss Rule: No
  • Max. Trading Volume: No

Standard Plan Details

Level 1

  • Funding Balance: $15,000
  • Max. Drawdown: 5%
  • Profit Share: 50/50
  • Target: 10%
  • Max. Time: 90 days
  • Stop Loss Rule: Yes
  • Max. Trading Volume: Yes

Level 2

  • Funding Balance: $22,000
  • Max. Drawdown: 5%
  • Profit Share: 50/50
  • Target: 10%
  • Max. Time: 90 days
  • Stop Loss Rule: No
  • Max. Trading Volume: Yes

Level 3

  • Funding Balance: $35,000
  • Max. Drawdown: 7%
  • Profit Share: 50/50
  • Target: 10%
  • Max. Time: 90 days
  • Stop Loss Rule: No
  • Max. Trading Volume: Yes

Level 4

  • Funding Balance: $100,000
  • Max. Drawdown: 7%
  • Profit Share: 70/30
  • Target: 10%
  • Max. Time: 120 days
  • Stop Loss Rule: No
  • Max. Trading Volume: No

Level 5

  • Funding Balance: $500,000
  • Max. Drawdown: 10%
  • Profit Share: 80/20
  • Target: 10%
  • Max. Time: 180 days
  • Stop Loss Rule: No
  • Max. Trading Volume: No

Level 6

  • Funding Balance: $1,000,000
  • Max. Drawdown: 10%
  • Profit Share: 90/10
  • Target: 10%
  • Max. Time: Unlimited
  • Stop Loss Rule: No
  • Max. Trading Volume: No

Professional Plan Details

Level 1

  • Funding Balance: $30,000
  • Max. Drawdown: 5%
  • Profit Share: 50/50
  • Target: 10%
  • Max. Time: 90 days
  • Stop Loss Rule: Yes
  • Max. Trading Volume: Yes

Level 2

  • Funding Balance: $45,000
  • Max. Drawdown: 5%
  • Profit Share: 50/50
  • Target: 10%
  • Max. Time: 90 days
  • Stop Loss Rule: No
  • Max. Trading Volume: Yes

Level 3

  • Funding Balance: $67,000
  • Max. Drawdown: 7%
  • Profit Share: 50/50
  • Target: 10%
  • Max. Time: 90 days
  • Stop Loss Rule: No
  • Max. Trading Volume: Yes

Level 4

  • Funding Balance: $200,000
  • Max. Drawdown: 7%
  • Profit Share: 70/30
  • Target: 10%
  • Max. Time: 120 days
  • Stop Loss Rule: No
  • Max. Trading Volume: No

Level 5

  • Funding Balance: $1,000,000
  • Max. Drawdown: 10%
  • Profit Share: 80/20
  • Target: 10%
  • Max. Time: 180 days
  • Stop Loss Rule: No
  • Max. Trading Volume: No

Level 6

  • Funding Balance: $2,000,000
  • Max. Drawdown: 10%
  • Profit Share: 90/10
  • Target: 10%
  • Max. Time: Unlimited
  • Stop Loss Rule: No
  • Max. Trading Volume: No

Other Details

Trading Career

FundYourFX is on a mission to empower traders with the right strategy, discipline, and mindset. They seek traders who can potentially become 7-figure earners.

No Trading Challenge

Unlike other firms, FundYourFX offers instant funding with no evaluation process. You can access your account immediately.

Funding up to $2M

Your funded account can grow up to $2,000,000, allowing you to scale your trading career.

Up to 90% Profit Split

Earn up to 90% profit share, which increases as your account grows.

Start With a Live Account

Begin trading immediately with real funds, skipping the demo phase.

No Liability for Losses

FundYourFX takes on the responsibility for any losses, ensuring you trade with zero risk.

No Demo Accounts

There's no need for demo accounts; you can start trading with real funds right away.

Analytics of Your Trading

Receive detailed statistics and risk analysis of your trading performance.

Fast Payout

As a professional prop firm, FundYourFX offers fast weekly payouts, ensuring you enjoy the fruits of your trading labor promptly.

Our Mission

FundYourFX was born out of a desire to provide talented traders with a fair and attractive funded trader program. They aim to create a win-win situation for both the company and traders by offering access to capital without the burdensome conditions of traditional programs.

Our Vision

FundYourFX's vision is to achieve financial inclusion for everyone by allowing access to funds for trading and investment in financial markets. They aim to be a trusted, secure, and innovative trading resource while prioritizing transparency, fairness, and long-term relationships with their traders.

What Sets Us Apart

  • Weekly Profit Payout: Receive up to 90% of your earnings after hitting a 10% profit, with payouts happening automatically.
  • No Risk: You'll never be liable for losses; FundYourFX rewards consistency by increasing your funded account size.
  • Exceptional Flexibility: Enjoy flexible trading rules, allowing overnight positions, news trading, and weekend trades, as long as you follow risk management guidelines.
  • Personal Support: Funded traders have access to dedicated support for immediate assistance and feedback.
  • Real Funding: Trade with live accounts from day one, challenging your trader psychology and evaluating your performance.
  • $2M Upside Growth: After the first profit split, your account can steadily grow until it reaches $2 million.

Trading Freedom

At FundYourFX, you have the freedom to trade any instrument and use any strategy, as long as it adheres to market conditions and legal requirements. You can use your own EAs, trade during news events, hedge positions, and leave trades open overnight or on weekends.

Maximum Lot Size

The maximum lot size varies based on your account balance:

  • For Forex and Crypto, it's 0.1 Lot per $2,000 of the account balance.
  • For Commodities and Indices, it's 0.01 Lot per $2,000 of the account balance.

Remember to adjust your lot size if your balance falls below the initial amount, and be cautious not to exceed the maximum position size.

Trading the News

Yes, FundYourFX allows news trading without any restrictions. While it can be challenging, trading during news events can lead to significant opportunities due to increased volatility.

Use of EAs and Indicators

FundYourFX grants you the freedom to use any trading strategy, including your own EAs and indicators. This includes trade copiers, risk management tools, and auto-trading bots.

No Geographic Restrictions

FundYourFX welcomes traders from all countries with no geographic restrictions, although it's advisable to be aware of local regulations.

Scaling Plan

FundYourFX offers a scaling plan to all traders. Your funded account size automatically increases once you achieve a 10% profit, with the potential to reach up to $2 million, depending on the program you choose.

In conclusion, FundYourFX is rewriting the rules of proprietary trading by offering instant funding, flexibility, and substantial profit-sharing opportunities to traders. Whether you're just starting or a seasoned pro, FundYourFX's innovative approach to trading can help you unlock your full potential.

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