SFX Funded has scalable accounts up to $120,000. The firm offers various funding methods, including credit/debit cards, cryptos (BTC, ETH, LTC, TRON, MATIC, USDC), and PayPal.
Forex leverage is set at 1:30, commodities at 1:10, and cryptocurrencies at 1:2.
Traders can expect commission fees such as $4 per lot for Forex and commodities, with indices having $0.4 per lot and cryptocurrencies being commission-free.
SFX Funded Prop Firm Company Overview
Founded in 2024 and headquartered in Dubai, UAE, SFX Funded has quickly made a name for itself in the competitive world of prop trading. What sets this firm apart is its commitment to providing traders with realistic and achievable goals, coupled with generous profit-sharing arrangements.
SFX Funded Prop Firm Specifications Summary
Let's break down the key specifications of SFX Funded's offerings:
Account currency | USD |
Minimum price | $48 |
maximum leverage | 1:30 |
maximum profit split | %100 |
Instruments | Forex, Crypto, Commodities, Indices |
Assets | EUR/USD, BTC, Oil, Dow |
evaluation steps | 1-step, 2-step, Instant funding |
Trading platform | Match Trader |
Withdrawal methods | Credit/Debit Cards, Crypto, Local Payments |
maximum fund size | $120,000 |
first profit target | 5% |
Max. daily loss | 4% |
Challenge time limit | No limits |
news trading | YES |
Maximum total drawdown | 8% |
commission per round lot | $4 per lot for FX & Commodities |
trust pilot score | 4.6 out of 5 |
payout frequency | Every 10 days |
established country | UAE |
established year | 2024 |
SFX Funded Prop Firm Pros & Cons
Like any trading platform, SFX Funded has its strengths and weaknesses. Let's examine them:
Pros | Cons |
Realistic trading objectives | No exclusive educational content |
Unlimited trading periods | High challenge price on Instant Funding |
Flexible trading paces | Limited supported languages |
High profit splits up to 100% | No Telegram support |
Scalable account sizes | - |
Despite these minor drawbacks, SFX Funded's unique approach and competitive advantages make it a strong contender in the prop firm industry.
SFX Funded Prop Firm Funding & Price
SFX Funded prop firm offers a range of account sizes to suit different trader needs and budgets. Here's a breakdown of their pricing structure:
Program | Funding | Price |
Two-step Evaluation | $7.500 - $120.000 | $79 - $489 |
Rapid Challenge | $7.500 - $120.000 | $48 - $294 |
Instant Funding | $5.000 - $80.000 | $325 - $5189 |
What's impressive about SFX Funded is that they offer larger account sizes for the same cost as many industry-leading prop firms. This means traders can potentially access more capital without having to pay premium prices.
SFX Funded Prop Firm Registration & Verification
Signing up with SFX Funded is a straightforward process:
- Visit the official SFX Funded website;
- Choose your preferred funding program and account size;
- Complete the registration form with your personal details;
- Make the payment for your chosen program;
- Once payment is confirmed, you'll receive access to your trading account.
The verification process is typically quick and hassle-free. SFX Funded may require additional documentation like (Government Issued ID & Proof of address) for compliance purposes, especially for larger account sizes or before your first withdrawal.
SFX Funded Prop Firm Evaluation Steps (1-step, 2-step)
SFX Funded offers both 1-step and 2-step evaluation options:
Program | Phase/Steps | Profit Target | Max. Daily Loss | Max. Total Loss |
Two-step Evaluation | 2 Phases | 8% (Phase 1), 5% (Phase 2) | 4% | 8% |
Rapid Challenge | 1 Step | 5% | 3% | 4% |
Instant Funding | No Evaluation | - | - | 6% |
All three programs offer scalable account sizes and profit splits based on trading performance, with successful traders potentially earning up to 100% of their profits.
SFX Funded Prop Firm Bonuses and Discounts
Unlike many prop firms, SFX Funded does not offer bonuses or discounts. Instead, they may focus on alternative incentives, such as a 15% commission-based affiliate program.
This affiliate program allows traders to earn a commission by referring new clients to the firm. Although it lacks the traditional bonuses that might reduce upfront costs for evaluations, this commission structure can create a steady income stream for those willing to promote the firm.
SFX Funded Prop Firm Trading Platforms
SFX Funded Prop Firm uses Match Trader as its primary trading platform, offering traders a range of features:
- Robust and user-friendly interface;
- Advanced charting tools;
- Customizable layouts;
- Real-time market data;
- Seamless integration with various instruments (Forex, Commodities, Indices, Cryptocurrencies);
- Efficient strategy execution and position management;
- Competitive features and reliable performance.
While not as widely known as MetaTrader, Match Trader offers competitive features and reliable performance, making it a solid choice for SFX Funded’s traders.
What Instruments & Symbols Can I Trade on SFX Funded Prop Firm?
SFX-funded prop firms offer the following tradable instruments:
- Forex (FX);
- Commodities;
- Indices;
- Cryptocurrencies.
This setup provides competitive pricing and flexible leverage for traders.
SFX Funded Prop Firm Payment Methods
SFX Funded supports various payment methods for deposits and withdrawals:
Region | Payment Methods |
Global | Credit/Debit Cards (Visa, Mastercard with 3D Secure), Cryptos (BTC, ETH, LTC, TRON, MATIC, USDC), PayPal |
South Africa | Card, EFT, Snapscan, Masterpass |
Rwanda | MTN, Airtel, All Banks |
Kenya | Card, M-PESA |
Ghana | Momo, Bank Transfer |
Nigeria | Card, Bank Transfer |
SFX Funded Prop Firm Commission & Costs
SFX Funded maintains a transparent fee structure:
Instrument | Leverage | Spreads | Commission |
Forex (FX) | 1:30 | Raw spreads | $4 per lot |
Commodities | 1:10 | Raw spreads | $4 per lot |
Indices | 1:10 | - | $0.4 per lot |
Cryptocurrencies | 1:2 | - | free |
It's important to note that while there are commission fees, the high profit splits (up to 100%) can offset these costs for successful traders.
Does SFX Funded Prop Firm Offer Vast Educational Resources?
SFX Funded Prop Firm offers limited educational resources but provides valuable learning opportunities through its simulated funded accounts. These accounts allow traders to practice and improve their skills in a real-world setting.
The firm also fosters a supportive community focused on growth and education, encouraging traders to share unique strategies and systems. This collaboration helps SFX enhance its research and development of proprietary trading strategies, benefiting all traders on the platform.
SFX Funded Prop Firm Trust Score on Trustpilot
SFX Funded Prop Firm holds an excellent 4.6 out of 5 rating on Trustpilot, showcasing high levels of customer trust and satisfaction. Here is an abstract of what users say about the firm:
- Positive Review example: "Great experience with SFX Funded! Their 1-step evaluation is straightforward, and the profit-sharing is fantastic. Highly recommend!";
- Negative Review example: "The funding options are good, but they could improve their educational resources. Also, it took longer than expected to get a response to my support ticket.".
SFX Funded Prop Firm Customer Support
SFX Funded Prop Firm offers multiple customer support channels:
- Join the Discord community: https://discord.gg/x5SecZyTRV;
- Email: support@sfxfunded.com;
- Submit a support ticket through the website.
The firm aims to respond within 3 working days and recommends using one method for efficient handling. While they don't offer phone support, the available channels seem to adequately address most trader needs.
SFX Funded Prop Firm Social Media Channels
SFX Funded Prop Firm's social media channels include:
- Discord server
Following these channels can provide traders with additional insights and keep them updated on the latest developments at SFX Funded.
Expert Suggestions
SFX Funded’s high-profit splits, instant funding, lack of time limits for challenges, and lack of additional cryptocurrency commissions make SFX Funded a strong choice.
The profit target ranges from 5% to 8%, with a maximum daily loss of 3-4% and a maximum total drawdown of 6-8%.
Traders can benefit from scalable account sizes, competitive commissions, and fast payouts every 10 days.