What is Vertex Funding?

Vertex Funding is a prop trading firm based in the United States, offering traders the opportunity to trade with significant capital after passing a two-phase evaluation process.

How can I get funded by Vertex Funding?

To get funded by Vertex Funding, you must pass a two-phase evaluation program that tests your trading skills and adherence to profit targets and loss limits.

What are the profit targets in the Vertex Funding challenge?

In Phase 1 of the Vertex Funding challenge, the profit target is 10%. In Phase 2, the profit target is 5%.

What are the loss limits in the Vertex Funding challenge?

Both phases of the Vertex Funding challenge have a 4% daily loss limit and an 8% maximum overall loss limit.

What trading platforms are supported by Vertex Funding?

Vertex Funding supports trading on the MT4 and MT5 platforms, integrated with their risk management technology.

What products can I trade with Vertex Funding?

With Vertex Funding, you can trade FX pairs, CFD indices, metals, equity shares, and cryptocurrencies, subject to the broker's offerings.

Can I use an Expert Advisor with Vertex Funding?

Yes, Vertex Funding allows the use of Expert Advisors, provided they comply with the firm’s policies on prohibited trading activities.

Does Vertex Funding allow trading during news events?

Yes, Vertex Funding permits trading during news events, as long as pricing data from the broker continues to be provided.

What is the maximum trading capital provided by Vertex Funding?

Vertex Funding provides up to $2,000,000 in trading capital for successful traders.

How does Vertex Funding handle breaches of trading rules?

Vertex Funding distinguishes between soft breaches, which allow continued trading, and hard breaches, which can result in failing the assessment or losing the funded account.

What countries are accepted by Vertex Funding?

Vertex Funding accepts traders from all countries, excluding those on the OFAC list, subject to compliance with applicable laws and regulations.

How long does it take to receive a funded account from Vertex Funding?

Upon passing the assessment, Vertex Funding typically issues funded accounts within 24-48 business hours after completing necessary documentation.

What leverage does Vertex Funding offer?

Vertex Funding offers leverage up to 30:1 for Forex and metals, 10:1 for indices, 5:1 for equity shares, and 2:1 for cryptocurrencies.

Can I hold positions over the weekend with Vertex Funding?

Vertex Funding requires trades to be closed by 3:45 PM EST on Fridays, although weekend trading can be added as an extra feature during checkout.

Are there any restrictions on the number of lots I can trade with Vertex Funding?

Yes, Vertex Funding has maximum open lot size restrictions depending on the account size, with detailed limits specified for each account level.

How do I withdraw profits from my funded account with Vertex Funding?

Traders can request withdrawals through their trader dashboard, but no more frequently than once every 30 days.

Does Vertex Funding have a policy on prohibited trading activities?

Yes, Vertex Funding prohibits certain trading strategies, including exploiting platform errors, using insider information, and front-running trades, among others.

What happens if I am inactive on my Vertex Funding account?

Vertex Funding considers accounts inactive if no trades are placed within 30 days, resulting in a breach.

What is the profit split for traders with Vertex Funding?

Vertex Funding offers up to a 90% profit split to traders, allowing them to retain a significant portion of their gains.

How does Vertex Funding ensure regulatory compliance?

Vertex Funding complies with applicable laws and regulations, ensuring a secure and regulated trading environment for all participants.

Vertex Funding Prop Firm Details and Reviews, Legit or Scam?

Vertex Funding

Email Not Provided

Details About Vertex Funding

Legal Name: Vertex Funding LLC

Company Number: Not disclosed

Country of Registeration: US

CEO: Not available

Support Mail: Not available

Phone: Not available

Payment Modes: Not disclosed

Withdrawal Methods: Not disclosed

Website: https://www.vertexfunding.co.uk

Banned Countries:

Challenge Details at Vertex Funding

Types of Challenges: Two Phase Challenge

Trading Platforms: cTrader, DXTrade, MatchTrader

Trading Instruments: Forex

Broker: Eightcap

Max Allocation: $500,000

Scaling: $Not available

Trading Competitions: Does not organize Trading Competitions

Free Trials: Does not offer free Trials

About Vertex Funding

Vertex Funding is relatively new to the prop firm scene, having launched in mid-2023. Despite its young age, the firm has managed to offer traders a robust platform where they can trade with real capital after completing a two-phase evaluation program. Registered in the USA, this firm prioritizes risk management while giving traders the freedom to explore various markets, including Forex, metals, and indices.
Company Information
Company Name: Vertex Funding
Company Legal Name: Vertex Funding LLC
Operating Since: June 5, 2023
Registered In: United States of America
Challenge Details
Vertex Funding operates with a simple, two-phase evaluation program, ensuring that only the most skilled and disciplined traders get funded. Here’s how it works:
Pricing
$10,000 Account: $140
$25,000 Account: $250
$50,000 Account: $345
$100,000 Account: $525
$200,000 Account: $1,000
$500,000 Account: $2,400
Rules
Profit Target (Phase 1): 10%
Profit Target (Phase 2): 5%
Total Loss Limit: 8%
Daily Loss Limit: 4%
Profit Share: Up to 90%
Drawdown Type: Static-Based Drawdown
Time Limit: None (No min/max trading days)
Leverage: 30:1 for Forex/Metals, 10:1 for Indices, 5:1 for Equity Shares, 2:1 for Cryptos
Payout Frequency: Daily
Allows Copy Trading: No
Min Trading Days: 0
Scaling Plan
Vertex Funding doesn’t just stop at giving traders capital. Once the trader is funded, they can scale your account and grow your capital over time. The firm allows traders to manage up to $2,000,000, which makes it one of the more generous prop firms in terms of scaling potential. Achieve consistent profitability, and you could find yourself managing a hefty sum of money.
Spreads and News Trading Rules
Spreads:
Vertex Funding provides access to competitive spreads. They aim to ensure that the trading environment is fair and favorable for all traders, so you won’t have to worry about getting hit by wide spreads during volatile market conditions.
News Trading Rules:
Yes, news trading is allowed. However, it’s subject to data availability from the broker. If pricing data continues to be provided, you’re free to trade during news events. This is an excellent opportunity for traders who thrive during high-volatility periods.
Other Important Rules
Daily Drawdown Calculation
The daily loss limit is calculated based on the previous day’s end-of-day balance (5 pm EST). This means the drawdown limit adjusts as your account balance grows or shrinks.
Countries Banned from Purchasing
Vertex Funding accepts traders from all countries, except those listed on the OFAC sanctions list. So, as long as you’re not in a restricted country, you can join the evaluation and potentially get funded.
Prohibited Trading Strategies
Vertex Funding has a specific list of trading practices that are prohibited. These include, but are not limited to:
Exploiting pricing errors or latency in the broker’s platform.
Using insider information or non-public data.
Front-running trades placed elsewhere.
Jeopardizing the relationship between Vertex Funding and their brokers by placing problematic trades.
Using off-the-shelf strategies to pass challenges, but then changing tactics with a funded account.
Holding Single Share Equity CFDs into earnings releases.
Arbitraging accounts with Vertex Funding or third parties.
Traders must adhere to these rules to maintain their funded accounts.
Payout Methods
Vertex Funding has not mentioned their payout Methods.
Trading Commissions
Vertex Funding uses RAW accounts from their broker, which means commission charges apply to Forex and Equity Share CFDs. However, other products do not carry any commission. This allows traders to engage in various markets without incurring excessive fees.