FundYourFX offers up to $2.5 million in funding with no trading challenge and up to 95% profit sharing. The one-time fee is refundable after achieving a 10% profit three times.
FundYourFX prop firm allows up to 10% total drawdown. It has won multiple awards, such as Best Instant Funding Prop Firm 2023.
FundYourFX review will also explore the firm’s trading markets, including Forex, Commodities, Indices, and Crypto.
FundYourFX; An Introduction to the Prop Firm
FYFX Capital LTD was Founded in 2021 in Hong Kong (Registration NO. 75280952-000). The prop firm provides virtual demo accounts with live market condition simulation.
Key features of FundYourFX:
- Instant funding up to $2.5 million
- 1-phase and 2-phase challenges
- Attractive profit-sharing model (up to 95%)
- Refundable fees
- 4 asset classes
FundYourFX Specific Features
FYFX offers weekly profit payouts and zero lost liability. Let’s take a quick look at the features that set FundYourFX apart from other prop firms.
Account currency | USD |
Minimum price | $53 |
Maximum leverage | 1:100 |
Maximum profit split | 95% |
Instruments | Forex, Commodities, Crypto, Indices |
Assets | N/A |
Evaluation steps | 1-Step, 2-Step, Instant Funding |
Withdrawal methods | Crypto, Bank Transfer |
Maximum fund size | $2,500,000 |
First profit target | 8% |
Max. daily loss | 5% |
Challenge time limit | Unlimited |
News trading | Yes |
Maximum total drawdown | 10% |
Trading platforms | Match-Trader |
Commission | $5 per lot |
TrustPilot score | 4.3 |
Payout frequency | Weekly |
Established country | Hong Kong |
Fund Your FX Pros and Cons
FYFX donates 1% of its profits to charity and offers traders the chance to donate up to 10% of their profit share. However, like any trading platform, FundYourFX has weaknesses, too.
Pros | Cons |
Instant funding program | Limited Track Record (since 2021) |
Generous profit split up to 95% | Limited education resources |
Over the weekend and overnight positions | Lack of advanced platforms like MetaTrader |
Weekly payouts | - |
FundYourFX Prop Firm Pricing
The firm provides three funding models, including Instant Funding, 1 Phase, and 2 Phase, each with unique pricing. Note that the prices are calculated with a 40% discount, available until December 3rd, 2024.
Plan | Instant Funding | 1 Phase | 2 Phase |
Flash ($5,000) | $119 | - | - |
Starter ($10,000) | $195 | $71 | $53 |
Standard ($25,000) | $346 | $135 | $117 |
Advanced ($50,000) | $598 | $201 | $179 |
Professional ($100,000) | $1,066 | $378 | $329 |
FundYourFX offers a dynamic profit-sharing structure that improves as traders prove consistency:
- Starts at 50%;
- Increases incrementally through scaling;
- Reaches a maximum of 90% profit split.
Payouts are processed weekly, provided the trader meets the 10% profit milestone required at each level.
FundYourFX Account Opening and KYC Guide
To open an account with the FundYourFX prop firm, follow the steps below:
#1 Access the FundYourFX Website
Begin the account opening process by searching for the FundYourFX official website online. After entering the website, click on the "Get Started" button.
#2 Choose an Evaluation Plan and Complete the Billing Details
Review the available evaluation plans and choose the one compatible with your trading objectives and budget. Then, provide the following information in the billing form:
- Email address
- Full name
- County
- Full Address
- Phone number
#3 Complete the Payment and Trade on the Funded Account
Finalize the payment to receive your funded account credentials. After passing your challenge, provide the following documents to verify your FundYourFX account and become eligible for withdrawals:
- Proof of Identity: Passport, ID card, or driver's license
- Proof of Residency: Utility bill or bank statement
FundYourFX Challenges and Evaluations
Unlike many prop firms, FYFX doesn't require traders to complete a traditional challenge before accessing a funded account. It has recently added 2 challenge accounts to cater to traders with different preferences.
Features | Instant Funding | 1 Phase | 2 Phase | |
Starter/Standard | Advanced/Professional | |||
Profit Share | 85% for the first 6 payouts, 90% after that, 95% after the 10th successful payout | |||
Min Trading Days | None | 3 Days | P1: None P2: 3 Days | P1: None P2: 3 Days |
Max Leverage | 1:100 | 1:100 | 1:100 | 1:100 |
Time Limit | Unlimited | Unlimited | Unlimited | Unlimited |
Profit Target | 10% | 10% | P1: 8% P2: 5% | P1: 8% P2: 6% |
Daily Loss | 4% | 4% | 5% | 5% |
Total Loss | 7% | 7% | 10% | 10% |
Through the FundYourFX scaling system, traders can progressively access capital up to:
- $500,000 with the Starter plan
- $1,000,000 with the Standard plan
- $1,750,000 with the Professional plan
Scaling is based on performance milestones, primarily a 10% profit target per level, achieved within a set time frame.
FundYourFX Promo Code and Bonuses
Bonus is the most attractive topic in this FundYourFX review. The company offers seasonal promotional programs, discount codes, and a comprehensive affiliate program.
- Promotional Programs: The latest promotional pack includes 40% OFF + Free Reset + 300% Refund;
- Discount Code: Enjoy an exclusive 10% PROMO code “FUNDYOURFX10”;
- Affiliate: Earn free funded accounts up to $30,000 and cash prizes up to $10,000 in a tiered reward system.
FundYourFX Rules
The FundYourFx prop firm has set rules to create a safe and equal trading environment. FundYourFX rules:
- Country Restrictions: Trading is unrestricted in most locations, but North Korea and Iran are prohibited from trading and IP use. VPNs are not allowed to bypass these geographical limitations;
- Prohibited Strategies: Risky trading tactics like copy trading, arbitrage, martingale, high-frequency trading (HFT) bots, and exploiting platform inefficiencies are strictly forbidden and can result in account termination;
- News Trading: News trading is allowed with restrictions. Bracket strategies (using both buy and sell stop orders around a news event) are prohibited, and new orders cannot be placed 2 minutes before or after high-impact news releases. Violations will lead to profits being deducted, and losses will remain the trader’s responsibility.
FundYourFx VPN and VPS Rules
The use of VPNs to circumvent these geographic limitations is also prohibited. These measures are strictly enforced to ensure full compliance with relevant laws, maintaining a secure and trustworthy trading platform for all users.
Heging Conditions
The hedging strategy is one of the many prohibited trading strategies for the FundYourFX prop firm.
EA Usage Terms and Conditions
To preserve fair trading practices, FundYourFX strictly prohibits a variety of high-risk and unethical trading strategies, including using Expert Advisers. These include:
- Copy trading
- Reverse trading
- Arbitrage
- Tick speculation
- Martingale strategy
- Hedging
- High-frequency trading (HFT) bots
- Exploiting platform inefficiencies like latency or reverse arbitrage
- The use of third-party trading bots or signals
Engagement in any of these practices will result in immediate account cancellation.
News Trading Conditions
While trading during high-impact news events is permitted, specific restrictions are in place to ensure fair and accurate trading:
- Bracket strategies (simultaneously placing BUY STOP and SELL STOP orders) around news events are prohibited;
- No new orders can be placed within 2 minutes before and 2 minutes after the release of high-impact news. For example, if the US CPI is announced at 15:30 GMT+2, no new orders can be placed between 15:28 and 15:32.
Importantly, traders are allowed to hold existing positions during news events. However, any profits from trades made during the restricted time frame will be deducted, and losses will be solely the trader's responsibility.
This version provides a clean, professional, and user-friendly breakdown of the key points while maintaining all essential details and entity-specific references.
FundYourFX Prop Firm Trading Platform
The firm utilizes the Match-Trader platform, a state-of-the-art solution with access to TradingView charts. The trading solution is accessible across various devices, including:
What Trading Instruments are Available to Trade on FundYourFX?
FundYourFX offers diverse trading instruments, from the Forex market and commodities to Cryptocurrencies, allowing traders to implement various strategies and styles. Note that all available assets on the Match-Trader platform are accessible, including:
- Forex
- Commodities
- Indices
- Crypto
FundYourFX Payment Options
To cater to a wide range of clients, FYFX offers a variety of payment methods that support fiat and crypto transactions.
- Credit/Debit Cards (Not Available for Withdrawal): VISA and MasterCard processed through Stripe for secure transactions
- Bank Transfer: International payments with longer processing time
- Cryptocurrency: fast and secure transactions processed through Triple A
You can select various cryptocurrencies, including BTC, ETH, USDC (TRC20/ERC20), and USDT (TRC20/ERC20) for your profit share payouts.
FundYourFX Trading Fees
FYFX prides itself on offering competitive and transparent trading conditions. The fee structure mainly consists of spreads and commissions.
- Raw spreads from 0.0 pips
- A $5 commission per lot (round trip)
FundYourFX Prop Firm Education
While FundYourFX doesn't offer an extensive educational program, it does provide various materials through its YouTube channel covering various topics, including:
- Best assets to buy
- Trading strategies
- Market news and trends
- Trading basics
You can also check our dedicated Forex education section to improve your strategies and overall performance in the market.
Fund Your FX User Satisfaction
FYFX has garnered generally positive reviews across various platforms, including TrustPilot, Trustindex, and Google Reviews.
4.3/5 based on 645 reviews | |
Trustindex | 4.8/5 based on 793 comments |
Google Reviews | 4.7/5 based on 177 ratings |
How to Reach FundYourFX Support?
The firm provides 24/7 support through two main channels, including email and online chat. The firm also offers a comprehensive FAQ section as a resource for the most common questions.
support@fundyourfx.com | |
Live Chat | Available on the official website |
FundYourFX Prop Firm on Social Media
FYFX showcases its commitment to building a community by maintaining an active presence on various social media platforms, including:
- FundYourFX Discord
- FundYourFX Facebook
- YouTube
- Twitter (X)
FundYourFX Comparison with Top Prop Firms
The table below allows traders to compare FundYouFX services and funded accounts with those of other well-known prop firms.
Parameters | FundYourFX Prop Firm | |||
Minimum Challenge Price | $53 | $39 | $15 | $97 |
Maximum Fund Size | $100,000 | $250,000 | $100,000 | $200,000 |
Evaluation steps | 1-Step, 2-Step, 3-Step | 1-Step, 2-Step, 3-Step | 1-Step, 2-Step | 1-Step, 2-Step |
Profit Share | 95% | 100% | 85% | 80% |
Max Daily Drawdown | 5% | 5% | 4% | 5% |
Max Drawdown | 10% | 10% | 8% | 10% |
First Profit Target | 8% | 5% | 8% | 5% |
Challenge Time Limit | Unlimited | Unlimited | Unlimited | Unlimited |
Maximum Leverage | 1:100 | 1:100 | 1:75 | 1:100 |
Payout Frequency | Weekly | Bi-weekly | 10 Days | Bi-weekly |
Number of Trading Assets | Not Specified | 3000+ | 400+ | 40 |
Trading Platforms | Match-Trader | Metatrader 5 | Match-Trader, cTrader | MetaTrader 5, cTrader, Dxtrade |
TF Expert Suggestions
FundYourFX provides access to funded accounts, ranging from $5,000 to $100,000 via three models, including Instant Funding, 1 Phase, and 2 Phase. The first profit target is 8% to receive weekly payouts.
FundYourFX prop firm is a partner of Match-Trader (platform provider) and YourPropFirm (dashboard services provider).
Restrictions on strategies like News Trading, copy trading, hedging, and the lack of educational resources are the main weaknesses that we can mention in this FundYourFX review.