FundYourFX Review: The Top Prop Firm for Experienced Traders

FundYourFX Review: The Top Prop Firm for Experienced Forex Traders

 

FeatureDetails
Type of ChallengeInstant Funding
Main Instruments TradedForex
Account Sizes Offered$6,000, $15,000, $30,000
Evaluation Charge£147 (Starter), £297 (Standard), £577 (Professional)
Target10%
Max Drawdown5% to start up to 10% later
Max Daily DrawdownNo
Trade During News?Not specified
Multiple Accounts Allowed?No
Copy Trading Allowed?Not specified
Additional Fees When Funded?No
Profit SplitUp to 70%
Trust Pilot RatingTrustScore 4.5 out of 5

FundYourFX is a proprietary trading firm that offers funded accounts to traders with different pricing plans. Here’s an outline of their offerings:

  1. Instant Funding, Zero Loss Liability, and Refundable Fees: FundYourFX provides instant funding to your trading account once you’ve paid for their funded trading program. They also claim to have zero loss liability and offer refundable fees.

  2. Different Pricing Plans: They offer three main pricing plans:

    • Starter (£147 / Refundable): You receive a funded account with a starting balance of $6,000 USD, with the potential to increase the account to $500,000. This plan includes up to 70% profit share, personal support, and a refundable fee.
    • Standard (£297 / Refundable): This plan offers a starting balance of $15,000 USD, with the potential to increase the account to $1,000,000. It also includes up to 70% profit share, personal support, and a refundable fee.
    • Professional (£577 / Refundable): With this plan, you get a starting balance of $30,000 USD, with the potential to increase the account to $1,750,000. It includes up to 70% profit share, personal support, and a refundable fee.
  3. Competitive Scaling Program: If you adhere to their “Trading Rules,” FundYourFX will increase your trading capital every time you reach a profit of 10%. They offer a profit split of up to 70% and capital scaling of up to $1.75M.

  4. Benefits of Joining FundYourFX: They claim to offer no trading challenge, funding up to 1.75 Million USD, up to 70% profit split, starting with a live account, no liability for losses, refundable fees, no restrictive rules, and trading tools. They also offer mindset coaching from a professional NLP Coach.

  5. Monthly Payments and Initial Payment Refund: Once your profit target has been reached, you start receiving your monthly profit share. Also, once accepted as a Funded Trader, you will receive back your initial payment.

Please note that while these offerings may seem attractive, it’s crucial to do your own due diligence and understand the terms and conditions before getting involved with any proprietary trading firm. Next, we’ll take a more detailed dive into this revolutionary prop trading firm.

Table of Contents

You’ve been around the block, you know your pips from your points, and you’re ready to take your trading game to the next level. You’re not just looking for a prop firm, you’re looking for a partner, a sidekick, a Robin to your Batman. Well, let me introduce you to FundYourFX.

Now, I know what you’re thinking: “Another prop firm? What’s the catch?” Well, hold onto your hats because FundYourFX is shaking things up. They’re like that cool uncle who slips you a twenty at family gatherings. Instant funding? Check. Zero loss liability? You bet. Refundable fees? Absolutely. It’s like they’ve taken the rulebook and tossed it out the window.

FundYourFX Pricing Plans: A Tailored Approach to Trading

Let’s talk turkey. FundYourFX offers three main pricing plans, each designed to suit traders at different stages of their journey. Think of it like choosing your own adventure, but with more dollar signs and less dragons.

  • Starter (£147 / Refundable): This is your gateway into the world of funded trading. For the price of a fancy dinner, you get a starting balance of $6,000 USD. But here’s the kicker: you can grow this account up to a whopping $500,000. It’s like planting a money tree in your backyard, except it’s legal and won’t anger your neighbors.

  • Standard (£297 / Refundable): Ready to step up your game? The Standard plan offers a starting balance of $15,000 USD, with the potential to increase the account to a cool $1,000,000. It’s like going from a bicycle to a sports car, but without the speeding tickets.

  • Professional (£577 / Refundable): For the seasoned pros out there, this plan offers a starting balance of $30,000 USD, with the potential to increase the account to a staggering $1,750,000. It’s like being handed the keys to a rocket ship and being told the sky’s the limit.

Each plan comes with up to 70% profit share, personal support, and a refundable fee. It’s like having a safety net, a cheerleading squad, and a get-out-of-jail-free card all rolled into one.

photo of man with glowing dollar sign and text Why Trade with Someone else's capital.
Read: Why Trade with Someone Else’s Capital?

Want to Know Which Prop Firms Allow Holding Overnights or Weekends? Head over to our Reviews Page to Find the Best Prop Firms for Advanced Traders. 

Scaling Up with FundYourFX: Your Trading, Supercharged

Now, let’s talk about FundYourFX’s Competitive Scaling Program. It’s like a gym for your trading account, helping you bulk up your capital every time you hit a profit of 10%. It’s not just about making gains, it’s about making progress.

Once you’ve paid for their funded trading program, they’ll set you up with a Live Trading Account faster than you can say “bull market”. Stick to their “Trading Rules” (which are more like guidelines, really), and watch your trading capital grow.

And here’s the cherry on top: they offer a profit split of up to 70% and capital scaling of up to $1.75M. It’s like having your cake and eating it too, except the cake is made of money and the icing is… also money.

Account Sizes:

The FundYourFX Advantage: Trading on Your Terms

So, why should you join FundYourFX? Well, it’s like joining a club where everyone wants you to succeed. Here’s what you get when you sign up:

  • No Trading Challenge: You can skip the hoops and hurdles and get straight to trading. It’s like being given VIP access to the trading world.
  • Funding up to 1.75 Million USD: That’s right, you read that correctly. It’s like having a wealthy benefactor, but without the mystery and intrigue.
  • Up to 70% profit split: You keep most of what you earn. It’s a deal sweeter than grandma’s apple pie.
  • Start with a Live-Account: No demo accounts here. It’s like being thrown into the deep end, but with floaties.
  • No liability for losses: Trade without fear. It’s like having a safety net, but for your wallet.
  • Refundable Fees: If things don’t work out, you’re not left out of pocket. It’s like a money-back guarantee, but for traders.
  • No restrictive Rules: Trade freely, without feeling like you’re walking on eggshells. It’s like trading in the wild west, but with less dust and more charts.
  • Trading Tools: Get access to their Metatrader Plus Tools. It’s like having a Swiss Army knife, but for trading.
photo of money and arrows pointing up with the text How to Leverage Up
Read: How to Leverage Up

FundYourFX Payment and Refund Policy: Fair and Square

Now, let’s talk about the green stuff. With FundYourFX, as soon as your profit target has been reached, you start receiving your monthly profit share. It’s like payday, but better because it’s based on your success.

But what about the initial payment, you ask? Well, once you’re accepted as a Funded Trader, you’ll receive back your payment. It’s like a welcome gift, but one that you gave to yourself.

And let’s not forget about the mindset coaching. With FundYourFX, you get coaching from a professional NLP Coach. It’s like having a personal trainer, but for your brain.

Want to Know Which Prop Firms Have the Easiest Rules? Head over to our Reviews Page to Find the Best Prop Firms for Beginners. 

FundYourFX – A New Take on Prop Trading

FundYourFX isn’t just another prop firm. It’s a partner, a mentor, a springboard to your trading success. With its flexible pricing plans, competitive scaling program, and trader-friendly benefits, it’s like a breath of fresh air in the often-stuffy world of prop trading.

But remember, folks, while the offerings may seem as attractive as a siren’s song, it’s crucial to do your own due diligence. Understand the terms, read the fine print, and make sure it aligns with your trading style and goals. After all, even the most promising ship needs a skilled captain at the helm.

So, are you ready to chart a course to trading success with FundYourFX? Click here to sign up for their instant funding no-challenge challenge. NOt quite convinced? Read more . . . 

Education Offered: Insights for High Level Traders

FundYourFX does offer some educational resources for traders, but it’s clear that their focus is not on education. The resources available are more geared towards providing insights and strategies for specific trading scenarios, rather than offering a comprehensive educational program for beginners.

While they do provide some guides and blog articles on topics such as leverage usage, trading strategies for volatile markets, and the pros and cons of day trading vs swing trading, the depth and breadth of these resources are not as extensive as what you might find at other prop firms.

This suggests that FundYourFX is a platform better suited for experienced traders who already have a solid foundation in trading and are looking to leverage the firm’s unique offerings to enhance their trading strategies and potential profits. If you’re a beginner looking for a prop firm with a robust educational program, you might want to explore other options.

Want to Know Which Prop Firms Have the Best Training Programs Included? Head over to our Reviews Page to Find the Best Prop Firms for Beginners. 

Understanding the FundYourFX Trading Rules

Navigating the trading world with FundYourFX comes with a unique set of rules designed to guide your journey. These rules are not just about maintaining order, but about fostering a trading environment that encourages growth and success.

At FundYourFX, the challenge is straightforward. To receive your first payout, you need to make a profit of 10%. This target is not just a goal, but a milestone that marks your first step towards trading success with FundYourFX.

But it’s not just about making profits. It’s also about managing risks. FundYourFX has a max drawdown rule to ensure that traders are managing their risks effectively. Initially, the max drawdown is set at 5%. This means that the equity in your trading account should not drop by more than 5% from the peak value.

However, as you progress and pass levels, this max drawdown limit grows to 10%. This increase gives you more room to navigate the market’s ups and downs while still keeping risk management at the forefront.

These rules, while seemingly simple, play a crucial role in shaping your trading strategy and approach. They encourage not just profit-making, but also risk management, making your trading journey with FundYourFX a balanced and rewarding experience.

Ready to Give a this Prop Firm Challenge a Try? Head over to FundYourFX and Sign Up today!

Pros and Cons: Evaluating FundYourFX

Pros:

  1. No Trading Challenge: Unlike many prop firms, FundYourFX does not require traders to pass a trading challenge before getting funded.

  2. Refundable Fees: The fees for the funded accounts are refundable, which is a unique feature not commonly found in other prop firms.

  3. Zero Loss Liability: Traders are not held liable for losses, which can reduce the stress and risk associated with trading.

  4. Competitive Scaling Program: The scaling program allows traders to increase their trading capital by 10% upon reaching a profit, which can be a strong motivator for success.

  5. High Profit Split: FundYourFX offers a profit split of up to 70%, which is quite competitive compared to other prop firms.

Cons:

  1. Limited Educational Resources: FundYourFX does not seem to have a robust educational program, which might make it less suitable for beginner traders.

  2. Lack of Transparency: Some important information, such as the trading platform used and the main instruments traded, is not readily available on the website.

  3. Drawdown Rules: The max drawdown rule of 5% initially, growing to 10% as you pass levels, might be restrictive for some traders.

  4. Limited Information on Trading Rules: The specific trading rules are not clearly outlined on the website, which might make it difficult for traders to fully understand what is expected of them.

Wrapping Up Our FundYourFX Review

In the world of trading, knowledge is power and action is the key. With FundYourFX, you’re not just joining a prop firm, you’re stepping into a community that empowers you to reach your trading potential. From their flexible pricing plans to their competitive scaling program, FundYourFX is designed to help you succeed.

But don’t just take our word for it. Experience the FundYourFX advantage for yourself. Take the leap, embrace the challenge, and start your journey to trading success today. Remember, in the market, fortune favors the bold. So, are you ready to make your move?

Click here to get started with FundYourFX today. Your future in trading awaits.

Get More with Our Prop Firm Guide

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 FundYourFX is a proprietary trading firm that offers funded accounts to traders. They provide instant funding, zero loss liability, and refundable fees.

FundYourFX offers three main pricing plans: Starter (£147), Standard (£297), and Professional (£577). Each plan comes with a different starting balance and potential account growth.

The Competitive Scaling Program is a feature of FundYourFX that increases your trading capital every time you reach a profit of 10%. They offer a profit split of up to 70% and capital scaling of up to $1.75M.

FundYourFX offers several benefits including no trading challenge, funding up to 1.75 Million USD, up to 70% profit split, starting with a live account, no liability for losses, refundable fees, no restrictive rules, and trading tools.

Once your profit target has been reached, you start receiving your monthly profit share. Also, once you pass your target, you will receive back your initial payment.

FundYourFX offers a profit split of up to 70%.

Yes, FundYourFX offers mindset coaching from a professional NLP Coach.

 FundYourFX provides access to their Metatrader Plus Tools.

FundYourFX provides funding up to 1.75 Million USD.

 No, FundYourFX does not have any trading challenges.

Yes, the fees at FundYourFX are refunded with your first payout.

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Forex trading involves the buying and selling of currencies in the foreign exchange market. It’s a global marketplace where traders speculate on the price movements of different currency pairs. For more information, check out our Introduction to Forex Trading blog post.

A proprietary trading firm, or prop firm, provides traders with capital to trade in exchange for a share of the profits. The trader doesn’t risk their own money, but must demonstrate their trading skills by passing a prop firm challenge. Read our Prop Firm Reviews for more details.

A prop firm challenge is a test set by the firm to assess a trader’s skills. To pass, you need to meet certain profit targets without exceeding loss limits. Our blog post on How to Pass Prop Firm Challenges provides useful tips and strategies.

To get funded, you must first pass the prop firm challenge. Once you’ve demonstrated your trading skills and risk management abilities, the firm will provide you with a trading account. Check out our Get Funded page for more information.

Traders often blow prop accounts due to poor risk management and emotional trading. To avoid this, it’s crucial to have a solid trading plan and a disciplined mindset. Our Risk Management and Trader Mindset blog posts offer valuable insights on these topics.

The best strategies depend on your trading style, risk tolerance, and market conditions. Common strategies include trend trading, scalping, and swing trading. For in-depth strategies, head to our Trader Education Page.

Continuous learning, practice, and reviewing your trades are key to improving your skills. Our Trading Education section provides resources to help you on this journey.

Yes, we regularly update our Coupons Page with the latest discounts and deals from various prop firms. Be sure to check it regularly!

Forex trading involves significant risks, including market volatility and the potential to lose more than your initial investment. This is why we recommend risking someone else’s money. It’s important to understand these risks and implement effective risk management strategies. Read more on our Risk Management page.

Staying updated on market news is crucial for making informed trading decisions. Many of the Prop Firms we recommend offer access to free tools like a Squawk box or daily live streams to help keep you up to date. Check our Reviews page for more details. 

You’ll need a reliable trading platform, a strong internet connection, and access to market analysis tools. Our Trading Tools page provides recommendations and reviews.

While it’s possible to make a living trading forex, it requires a lot of skill, discipline, and risk management. It’s not a get-rich-quick scheme. For more insights, read our blog post on Making a Living with Forex Trading.

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