TradeFXFunds is a proprietary trading firm that provides capital to Forex traders, enabling them to trade without risking their own money. Traders who meet certain criteria can manage larger accounts and share in the profits.
Traders with TradeFXFunds can access a variety of markets, including Forex, commodities, indices, and cryptocurrencies, depending on the account type and the firm’s offerings.
How is the profit distribution structured with TradeFXFunds? TradeFXFunds offers a profit-sharing model where traders receive 80% of the profits initially and 90% after the third withdrawal. Payouts follow this schedule:
To apply for a funded account, visit the TradeFXFunds website, choose your preferred account size, and complete the evaluation process. Upon passing verification, your account will be reviewed and approved within 24 hours.
TradeFXFunds typically requires traders to pass evaluation phases, where they must meet profit targets and comply with risk management rules to qualify for a funded account.
Yes, TradeFXFunds charges an application fee for the evaluation process. The fee depends on the account size and type, and detailed information about this is mentioned on the website.
Yes, traders are allowed to trade during news events.
TradeFXFunds supports Platform 5 as its primary trading platform.
TradeFXFunds offers various account sizes, typically ranging from $5,000 to $200,000, depending on the trader’s needs and capital management strategy.
Yes, traders have the flexibility to select the account size that best fits their trading strategy and capital management approach.
TradeFXFunds offers two account types tailored to different trading goals: the TFF Pathway and TFF Gateway programs. The Pathway program provides a gradual, two-phase route to funding, starting with the Base Phase to build strong trading fundamentals, followed by the Build Phase to meet advanced criteria for a funded account. The Gateway program offers a faster, one-step path to funding, ideal for experienced traders ready to meet advanced targets in a single phase.
TradeFXFunds allows KYC (Know Your Customer) verification for only one account at a time. Therefore, traders can only maintain one funded account under a single ID.
A trader is permitted to hold only one funded account under a single ID with TradeFXFunds.
The starting balance for a funded account depends on the account size selected during the application process. It will vary based on the trader’s preferences and the chosen account type.
Yes, TradeFXFunds typically sets leverage limits for its funded accounts. The specific leverage provided may depend on the account type and trading conditions.
TradeFXFunds will offer the possibility of upgrading your funded account size based on your performance and other qualifications.
If you exceed the maximum drawdown limit, your funded account may be terminated. The consequences of this can vary depending on the account type and the associated rules.
TradeFXFunds has a set of specific trading rules that all traders must follow, including risk management guidelines, maximum drawdown limits, and other key restrictions that ensure a disciplined approach to trading.
No, TradeFXFunds does not impose a minimum trading volume requirement.
Whether trading over the weekend is permitted depends on the account type and market conditions. Traders should refer to the specific rules for their account type.
TradeFXFunds will impose restrictions on certain strategies such as hedging or high-frequency trading. It is essential to review the specific guidelines for the account type to understand what is allowed.
The maximum allowable drawdown for funded accounts is 5% of the starting capital.
A: This rule sets a fixed drawdown limit based on the starting capital, ensuring controlled risk management.
● Initial Account Balance: $100,000
● Overall Drawdown Limit: Fixed at $5,000 (5% of starting capital)
If the account balance increases to $110,000 (e.g., after a profit of $10,000), the overall drawdown limit remains at $5,000, meaning the account cannot drop below $105,000.
Yes, daily loss limits are applicable.
The use of Expert Advisors (EAs) is not allowed on funded accounts at TradeFXFunds.
There is no fixed maximum lot size; however, traders should ensure consistency in the lot sizes used in relation to their account size and risk management.
Yes, holding trades overnight and over the weekend is allowed.
Violating the trading rules of TradeFXFunds may result in penalties, which could include the termination of the funded account. It is essential to thoroughly understand and adhere to all trading guidelines.
TradeFXFunds offers a profit-sharing model where traders receive 80% of the profits initially. After the third withdrawal, the profit share increases to 90%.
The typical profit split percentage at TradeFXFunds is 80% initially, b>increasing to 90% after the third withdrawal.
Payouts are generally processed on every Friday.
Traders can request withdrawals through the Reward Section and check their payout status.
No, TradeFXFunds does not charge any hidden fees for payouts, providing transparency in the withdrawal process.
Yes, reinvestment options will be available, allowing traders to grow their trading capital or increase their account size for further trading opportunities.
TradeFXFunds offers various payment methods for payouts, such as credit cards, bank transfers, and cryptocurrency providing flexibility for traders to choose their preferred option.
Traders are responsible for reporting and paying taxes on their profits in accordance with the tax laws in their respective regions. It’s important to consult with a tax professional to ensure compliance.
Withdrawal conditions and payout schedules are outlined in the specific terms for each account, detailing when and how profits can be accessed.
If a funded account is terminated, profits accumulated prior to termination may be eligible for payout, depending on TradeFXFunds' policies. However, ongoing trades or any violations of the account terms may affect the final payout amount.
To start, visit the TradeFXFunds website, choose the desired account type, and proceed with the registration and evaluation process.
The evaluation process typically requires traders to meet specific profit targets while adhering to risk management guidelines over a set duration.
Yes, there is a time limit for completing the evaluation phase. The exact duration will depend on the selected account type.
Yes, TradeFXFundswill offer the option to retry the evaluation if you do not meet the criteria.
There are no specific prerequisites—anyone can apply for a funded account with TradeFXFunds.
The time it takes to receive a funded account can vary but is usually within a few business days after successfully completing the evaluation.
Yes, traders can manage multiple funded accounts.
Yes, applicants must generally be at least 18 years old or meet the legal age requirements in their jurisdiction.
To apply, you will typically need to submit identification documents to verify your identity.
TradeFXFunds supports the widely-used Platform 5 trading platform.
Traders are required to use the platforms and tools provided by TradeFXFunds, as custom tools may be restricted.
No, platform fees are covered by TradeFXFunds, so traders don't have to worry about additional costs.
Yes, TradeFXFunds will provide various tools, resources, and educational materials to support traders in their trading journey.
No, TradeFXFunds does not offer signals or educational resources at this time.
Yes, mobile trading is available through apps like MT5, allowing traders to manage their trades on the go.
Yes, trading directly from charts is possible on platforms like Platform 5 that are supported by TradeFXFunds.
There is no restriction in the use of trading robots or algorithms in TradeFXFunds.
Yes, TradeFXFunds will provide demo accounts for practice or evaluation, helping traders hone their skills before trading live.
Customization options vary by platform, but most supported platforms, including Platform 5, allow traders to personalize the interface.
TradeFXFunds enforces strict risk management protocols, which include maximum drawdown limits, daily loss limits, and additional protective measures.
The maximum drawdown is 5% of the starting capital.
Yes, stop-out levels will implemented to automatically close positions if the losses reach a predefined threshold.
Yes, TradeFXFunds encourages the use of stop-loss orders to effectively manage risk.
Negative balance protection may be available, ensuring that traders never owe more than their account balance.
TradeFXFunds utilizes robust security measures to ensure the safety of personal and financial data.
TradeFXFunds does not hold traders' personal funds, as it provides capital for trading. Traders’ profits are paid out based on the agreement.
Traders must adhere to TradeFXFunds's risk management rules, but they can apply additional personal risk parameters within those limits.
Funded accounts are generally not insured, as they involve trading using TradeFXFunds's capital.
The evaluation fee depends on the account size and type. For specific pricing, please refer to TradeFXFunds's website.
No, there are no monthly fees for funded accounts.
Platform fees are typically covered by TradeFXFunds.
TradeFXFunds is committed to transparency regarding all fees. Be sure to review the terms and conditions for full details.
Data feed costs will be covered by TradeFXFunds.
Withdrawal fees will apply based on the chosen payment method and the account terms.
The evaluation fee is generally non-refundable, even if the evaluation phase is not completed successfully.
Accounts that remain inactive for 30 days will be terminated.
TradeFXFunds accepts various payment methods, including credit/debit cards, bank transfers, and cryptocurrencies.
Customer support can be reached via email, phone, or live chat on the TradeFXFunds website.
Customer support hours may vary, but they are typically available during regular business hours on weekdays.
TradeFXFunds provides support in multiple languages. Please check their website for available options.
For any issues, you can contact customer support and request to speak with a supervisor or manager for escalation.
TradeFXFunds will offer a knowledge base or help center that contains articles and FAQs to address common questions.
Consultations will be available, depending on the account type and specific needs of the trader.
TradeFXFunds typically responds quickly, often within 24 hours for standard inquiries.
Feedback and suggestions can generally be submitted through the contact form or through customer support channels.
TradeFXFunds Traders can connect through Discord and social media platforms like Instagram, Facebook, LinkedIn, YouTube, TikTok, and Telegram. These platforms offer communities, discussions, and resources for traders to share insights and strategies.
Profit targets differ based on the account type and are outlined in the evaluation rules.
Performance is assessed based on achieving profit targets, following risk management guidelines, and overall trading conduct.
Metrics might include profit targets, maximum drawdown, minimum trading days, and other specified criteria.
TradeFXFunds usually provides access to a dashboard or client portal where traders can monitor their performance metrics in real-time.
Surpassing the profit target may lead to faster approval for a funded account or potential additional rewards.
TradeFXFunds will offer bonuses or incentives for outstanding performance, depending on the account type and evaluation stage.
Trades are tracked through the trading platform and client portal, with oversight by the TradeFXFunds risk management team.
Feedback will be provided through customer support or account managers, depending on the account type.
If you meet the profit target but incur a drawdown, you may still qualify for a funded account as long as other rules are met.
Detailed performance reports will be available through the client portal or upon request.
TradeFXFunds' regulatory status will vary depending on its jurisdiction. Please refer to the website for specific regulatory information.
Yes, traders are generally required to sign a contract that outlines the terms and conditions of the funded account.
Traders must comply with the terms and conditions, trading rules, and applicable laws and regulations.
TradeFXFunds privacy policy explains how personal and financial data is collected, used, and safeguarded.
TradeFXFunds reserves the right to terminate accounts for violations of rules, inactivity, or other reasons specified in the terms.
TradeFXFunds will impose restrictions on traders from certain countries due to legal and regulatory requirements.
Trading on behalf of others is generally prohibited unless expressly authorized by TradeFXFunds.
Slippage is the difference between the expected price of a trade and the actual execution price.
It often occurs during highly volatile moments, such as high-impact news events affecting a specific currency. Slippage is beyond the control of any broker.
Tip: Manage your risk wisely if you plan to hold trades during such periods.
The IP rule ensures consistency in the region of IP addresses used to access your trading accounts.
Key points:
Note: If you plan to travel, notify the support team in advance to prevent account interruptions.
Yes! TradeFXFunds offers exclusive discounts for retrying the challenge:
This process is entirely automated. You will: