3.4 (69 reviews)
BFX Funding Defunct
About BFX Funding

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More info BFX Funding
BFX Funding Challenges
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Steps
Challenge
Price
3.4 (69 reviews)

Customer Reviews (69)

  • Evans Johnson
    1 year ago

    Before I began the challenge, their Instagram page indicated that they utilized MT4 as their trading platform. However, I found that they only offered a web-based platform. This web platform requires you to log in again every time you open or close a position, which is quite inconvenient. Overall, my experience with BFX has been very disappointing.

  • Doug Kessler
    1 year ago

    This trading firm appears to be nothing short of a scam. It’s glaringly evident that none of the reviews here from purported funded traders seem authentic. Seriously, why would anyone bother reading the Terms of Service? Most traders don’t, and honestly, it’s crucial to understand the rules being enforced.

    Take, for instance, Rule 4.1, which states that to shield their capital and assist traders in succeeding, they need to keep a close watch on accounts for any signs of gambling or irresponsible trading behavior. They specifically point out a couple of scenarios to look out for:

    First, if a trader risks over 70% of their drawdown limits with open trades. For example, consider a situation where a trader has open trades that amount to a 4% risk while their maximum allowable daily loss is also 4%.

    Additionally, they mention risking 50% or more of the drawdown limits either in a single trade or across multiple trades involving the same instrument. In this case, it would mean risking 2% on just one position while still being capped at a 4% daily loss.

    Fortunately, I’m not one of their customers, but I do have screenshots that support my claims. I suspect they would want to swiftly remove this evidence from their website, likely out of fear.

  • Mia Walter
    1 year ago

    Bfxfunding’s new platform has shown incredible improvements. There’s no spread on their Forex pairs, which is a big plus, and I’ve noticed that their execution speed is really impressive. I’m definitely looking forward to receiving my first payout!

  • Earnest Reichel
    1 year ago

    This company stands out for its fast payout process. I recently received my first payout and am genuinely pleased with their business practices. However, I did face some issues with the reimbursement for the challenge fee, which happened because I mistakenly traded during a news event on my last eligible day for payout. That being said, I intend to remain with BFX for as long as they permit.

    That said, my experience with the second payout request was a bit disappointing. I encountered some challenges as I had a trade that closed during red folder news on both of my payout requests. While the first payout was forgiven for this issue, the second one was not. It was quite disheartening to lose $1,137 over a trade that I simply forgot to close.

  • Victor Goldner
    1 year ago

    This firm is fantastic! I really love the experience I’ve had so far. Trading here is super easy and straightforward, making it enjoyable for everyone.

  • Jennings Heller
    1 year ago

    This proprietary trading firm stands out for its low costs and quick payout processes. The evaluation is straightforward and user-friendly, making it an appealing choice for both new and experienced traders. Overall, it’s one of the top firms in the sector, offering an efficient and effective trading experience. Without a doubt, it’s one of the best options available.

  • Haley D'Amore
    1 year ago

    I invested in a $5,000 account, but I’m yet to receive any evaluation or the necessary details to begin passing the challenge. Despite several attempts to reach out to customer service, I still haven’t received any update on my evaluation. I’m feeling quite uncertain about how I’m supposed to get my live account if they aren’t providing the evaluation or the challenge that I need to complete.

  • Otis Fahey
    1 year ago

    Bfx truly stands out as an exceptional trading firm. I recently received my withdrawal, and the experience was seamless. It’s clear that they prioritize their clients, making the process smooth and efficient. Overall, I would highly recommend Bfx to anyone looking for a reliable proprietary trading firm.

  • Reva Rath
    1 year ago

    What truly matters is their ability to deliver. They’ve promptly responded to my requests for several withdrawals, and I can happily say that I haven’t faced any problems so far.

  • Luella Bartell
    1 year ago

    I recently completed the onboarding process, and I found it to be straightforward and easy to follow. The support representative, Rup, was incredibly helpful, guiding me through every step and ensuring everything went smoothly. I really appreciate the quick responses from the support team—they did an excellent job!

  • Newton Batz
    1 year ago

    This is easily one of the most affordable proprietary trading firms out there. They’ve really set a high standard for others to follow. If you’re looking for value without compromising quality, you can’t go wrong here!

  • Lorine Goyette
    1 year ago

    The process here is impressively quick, and I must say, it’s one of the top contenders in the market in terms of regulations. The customer support team is absolutely fantastic; they’re always ready to help. I’m really pleased to be a part of this! 😊

  • Courtney Kovacek
    1 year ago

    This is an excellent firm. I received my funds without any issues.

  • Florine Dibbert
    1 year ago

    I passed my challenge on March 5, 2024, and received an email with my certificate. However, I still haven’t received my real account. I’ve sent them emails and even chatted with their support team live. They promised me a funded account in a few days, but that hasn’t happened yet. I’ve been waiting for over a month now. I highly recommend staying away from this company—it’s just not worth your time or money.

  • Penelope Armstrong
    1 year ago

    I encountered an issue with the challenge, as it wasn’t allowing me to open trades. However, I reached out to support, and they were incredibly prompt in their assistance. A big thank you to Jaze for the swift response!

  • Hans White
    2 years ago

    This firm presents itself as a serious player in the industry. They did encounter some challenges recently due to Metatrader’s discontinuation of support for account funding companies. However, after a period of adjustment, they’ve rolled out an update to their platform that appears to be significantly optimized for user experience. I’ve already managed to withdraw funds twice prior to this update, and I’m optimistic about making more withdrawals now that operations are back on track.

  • Alexandro Dare
    2 years ago

    I found the platform to be quite impressive. I definitely recommend it, and I’m looking forward to continuing my work with it in the future.

  • Irma Wisoky
    2 years ago

    It’s quite disappointing to say the least. The firm’s practices are far from professional; they barely adhere to their own policies, like offering refunds for accounts that haven’t been activated or sticking to their trading guidelines. To top it off, I found myself waiting over five days for a response to a simple inquiry. Honestly, my best recommendation would be to steer clear of this place entirely.

  • Edmond Ryan
    2 years ago

    I’ve asked multiple times for a password reset, but I still haven’t received the email with instructions. This is frustrating to say the least.

    Moreover, I can’t access my $5,000 challenge account, even though I’m using the right credentials. It appears, according to the so-called “new” FAQ, that my account may have been closed. The “old” FAQ on their previous site made no mention of this, so I wasn’t made aware of any risks of losing access due to inactivity.

    It just doesn’t seem right that customers should have to navigate through such incomplete information about account activity policies, and to make matters worse, the customer service leaves much to be desired. Plus, there’s no live chat option on the website, and my login issues are still unresolved.

  • William Olson
    2 years ago

    Support claims to be responsive and ready to answer inquiries; however, my experience has been quite the opposite. I’ve struggled to create an account and can’t even access the one I already purchased. Despite sending several emails, I’ve received absolutely no replies. It’s hard not to think they’re running a scam.

  • Preston Crooks
    2 years ago

    I have screenshots of your emails where you clearly stated that the use of EAs and HFT is only prohibited for live accounts. This leads us to conclude that your support is inadequate, and it seems you’re providing misleading information to your customers. Such practices are quite unfair.

  • Jerome Turner
    2 years ago

    BfxFunding seems to be a scam. After successfully passing the challenge for a $5,000 account, I noticed that my account balance reflected a profit of $5,500, yet the dashboard only displayed $372. I opened a support ticket to inquire about this discrepancy, but they completely ignored my message. The response time is simply unacceptable.

  • Kayley Moore
    2 years ago

    This company is nothing short of a scam and a group of cheaters. After putting in significant effort to pass their evaluation, I was finally given a live account. However, when I requested a payout, they suddenly suspended my account and claimed in an email that I had violated their rules regarding medium news trading. It’s truly shameful. Frankly, I doubt they’ve ever paid out to any trader, and the reviews on Trustpilot seem to be fabricated. So, fellow traders, be cautious—BFX will not provide you with any payouts.

  • Fabian Murazik
    2 years ago

    I recently received a payout from this firm, and I must say, it’s a solid company that genuinely supports traders in achieving their goals.

  • Delores Kassulke
    2 years ago

    Excellent experience overall! I’m currently anticipating new goals to tackle. Best regards!

  • Lily King
    2 years ago

    I’m looking for a genuine assessment of this proprietary trading firm. Are they still operational and meeting their payment obligations to traders? I’d appreciate any insights before I consider purchasing an account with them.

  • Jazlyn Koepp
    2 years ago

    The platform is quite impressive. It’s easy to navigate and offers a variety of features that enhance trading experience. Overall, I found it very user-friendly. There are numerous tools available that cater to both newcomers and experienced traders alike. What stands out is its reliability and smooth performance—trades execute quickly without any hitches. In my opinion, this platform is definitely worth considering for anyone looking to engage in proprietary trading.

  • Stone Abshire
    2 years ago

    I’ve been trading with my $50,000 real account for about two months now, and I have to say, everything’s going great. I manage to make withdrawals every couple of weeks, specifically every 15 days, and I trade US30. Overall, I’ve been having solid success with them so far.

  • Minnie Gleichner
    2 years ago

    I paid for the $15,000 challenge but, at first, I never got access to the account.

    After a wait of 12 days and some back-and-forth on their end, I finally received my account. The root of the issue turned out to be that I had entered a different email address when I made the purchase. I reached out to chat support promptly, providing them with my proof of purchase, but it seems that they didn’t log that information correctly.

  • Jarrod Botsford
    2 years ago

    I signed up for a $15,000 evaluation on October 25. By October 30, I had successfully completed it, and the very next day, on October 31, I was funded and began trading on my live account. I really can’t wrap my head around all the negative reviews; my experience with Bfx Funding has been fantastic so far. Everything has been just perfect!

  • Kirstin McKenzie
    2 years ago

    I completed the $5,000 evaluation on Friday, October 8, and received an email confirming my success. However, the very next day, I received another email that cast a shadow over my achievement.

    The message stated, “We write concerning your evaluation account with BFX. After an extensive evaluation, we regret to inform you that we are unable to proceed with funding a real account at this time. Upon thorough review, we noted that your executed operations exceeded the specified lot size. At BFX, we strongly support responsible traders who exhibit exemplary skills. We are dedicated to fostering an environment that encourages responsible trading practices and do not condone approaches that resemble reckless betting.

    To safeguard our capital and assist our traders in meeting their goals, we closely monitor all accounts to identify any signs of gambling behavior or imprudent trading actions.

    We hope you understand our position on this and encourage you to work with us to build a responsible business atmosphere.

    BFX provides a second chance, enabling you to open a new MT4 account and start the evaluation process all over again.”

    Their FAQ and rules do not mention any restrictions on lot size or trading styles. I traded 1 lot on my $5,000 account and managed to let my winning positions run to reach the target, yet they still refused to move forward with a live account.

    This seems incredibly unfair to me. I urge potential traders to tread carefully; it feels like a scam, as they appear to find any excuse to deny funding to successful traders.

  • Dayton Hahn
    2 years ago

    The support I received really addressed all of my concerns. Whenever I had questions, they were quick to help me out. I felt reassured knowing I could count on their assistance, which made navigating the trading process a lot smoother. Overall, the responsiveness of the support team has been impressive and significantly reduced any uncertainties I had.

  • Augustine Lehner
    2 years ago

    Just received my second successful payout from BFX, and I can’t thank them enough.

  • Vladimir Skiles
    2 years ago

    I got my certificate, and soon after, the withdrawal was in my wallet. I definitely recommend this firm!

  • Paula Tremblay
    2 years ago

    I’ve been trading with this firm for about three months now, and while their challenges can be quite tough, I believe they’re well worth it given their pricing structure. With a funded account of $15,000, I’ve successfully made a few withdrawal requests. Although my first withdrawal took longer than I expected, I did receive the full amount in the end. Overall, I think the effort is definitely justified.

  • Emmitt Bartoletti
    2 years ago

    The support offered on their website is quite impressive; they addressed all my inquiries thoroughly.

  • Kameron Stokes
    2 years ago

    I got started just a couple of weeks back and, to my pleasant surprise, I’ve already processed a withdrawal.

  • Savanna Mosciski
    2 years ago

    I finished my week of trading, and I must say, the withdrawal process was impressively quick and straightforward.

  • Catharine Harris
    2 years ago

    I want to give a shout-out to the BFX team for their incredible support and dedication. Their platform really does function smoothly with Metatrader. I’ve been with them for about three months now, and I can honestly say everything has been great. I’m grateful for this opportunity!

  • Madge Bode
    2 years ago

    I’m really impressed by how affordable your challenges are, not to mention the generous 95 percent profit share. Great job!

  • Marc Altenwerth
    2 years ago

    The challenge was incredibly quick and straightforward! Now, I’m just waiting on the credentials to start trading on a live account.

  • Ignatius Cremin
    2 years ago

    I had a fantastic trading experience, especially considering I was working with a $2,500 account. It was surprisingly easy for me to make a profit.

  • Golden Wiza
    2 years ago

    Dear Seiha,

    I want to commend you on the impressive results you’ve achieved with your strategy. It has truly aligned with our trading goals.

    I’m thankful for this correspondence and would be eager to discuss potential collaboration opportunities moving forward.

  • Jordane Gulgowski
    2 years ago

    I was quite unsure about joining at first, but thankfully, everything turned out well. I’ve actually retired for the third time now, and I haven’t encountered any issues with the platform at all.

  • Eloisa Jakubowski
    2 years ago

    The platform is excellent. I found the customer service to be quite fast compared to other firms I’ve used. When I made my first withdrawal, it was impressive how it took under 24 hours to hit my account. I would definitely recommend this firm 100%.

  • Wanda Purdy
    2 years ago

    I recommend BFXFunding. They offer withdrawals every two weeks, which is pretty nice. Plus, it’s mainly just an evaluation process! Overall, I find it to be a solidly established company.

  • Addison Kunze
    2 years ago

    BFX truly stands out as a solid platform for managing funded accounts. They cater to various trading styles by offering accounts suitable for everyone. Plus, their withdrawal schedule is impressive, allowing users to withdraw funds every two weeks.

  • Austyn Smith
    3 years ago

    Guys, I know this is a lengthy message, but please stick with it and pay attention to the details.

    Let’s get right to the point, as we all know why we’re here: to engage with a reputable prop firm, make profits, and accept losses if they come. It’s really that straightforward.

    BFX caught my attention with its one-step challenge and lack of maximum daily limits—something I’ve been searching for quite a while. I’m not a fan of time constraints; they often lead to overtrading and, eventually, gambling and failure.

    Being someone who approaches this industry with a healthy dose of caution—given the many illegitimate firms out there—I thoroughly explored their website, chatted with their online support, and, crucially, took the time to read the terms and conditions. That’s where things started to get really intriguing. Seriously, take a moment to read their T&Cs.

    First off, I engaged with their online team and posed a few fundamental questions regarding spreads, brokers, and the scaling plan, among other topics. Strangely, I couldn’t find any information about how a trader accelerates their scaling. The support team clarified that the scale-up isn’t based on a percentage of profits once funded; rather, your account increases each time you make a withdrawal. So, let’s say you have a 200k account, get funded, earn 1k, and withdraw it—your account will scale up. Isn’t that impressive?

    Next, I dove into their T&Cs, and here are some of my findings:

    To start, the terms state that neither the website nor its online representatives are held accountable for any misinformation. This essentially means they can say whatever they wish without any repercussions for inaccuracies in their claims. Quite surprising, right?

    Moreover, only their support email is recognized as the official representative of the company, making it the sole source for reliable information—I’ll touch on this support email later.

    A troubling note: the last section of the T&Cs is almost completely incomprehensible due to coded language. You won’t get any clear idea of what they’re trying to convey, which is, frankly, unacceptable. Take a look for yourself.

    Immediately, I decided to contact their support email, as they indicated this is the only trustworthy source. Here’s a snippet of my email:

    “I’ve looked through your website and have a few questions that weren’t answered during my search.

    1. Max Overall Loss: 7% ($14,000), I assume this is static, meaning the account can never fall below $186,000, correct?
    2. Trading Platform: The site mentions both MT4 and MT5, yet the FAQ only references MT4—so, which is it?
    3. Profit Split: Is it a 90% split on the first payout?
    4. Stop Loss: Is this required during both the evaluation and funded phases?
    5. Account Scaling: There’s limited information on this. How does it actually function?
    6. News Trading: Is this a violation that could lead to account termination?
    7. Once funded, is the account live or still categorized as demo connected to a live server (STP)? Many prop firms claim the funded account is live, yet a demo label remains on the platform, which confuses matters.

    Additionally, the T&Cs mention risking 2.5% on a single position with a max daily loss set at 5%. How does this align with the stated 4% daily drawdown? While I understand this involves risk management, it doesn’t add up according to what’s posted on your site.”

    To my surprise, I received no response.

    I returned to their website and submitted another inquiry through their contact form. Again, silence.

    Next, I reached out via their online team just to clarify whether their email was functioning or if they were simply avoiding my questions. The representative, a guy named Roger, claimed they hadn’t received my email and asked what my concerns were. I mentioned several points, but believe it or not, I never heard back from him either.

    I hope to receive a response after posting this review. And if anyone accuses me of fabricating my experience, I’ll create a video with their name attached on YouTube, showing the screenshots of my email and the interactions with their support team. It’s unacceptable to treat clients’ money casually.

    There’s absolutely no reason for a lack of professionalism from day one, especially when clients are paying for these services. Being new to the business isn’t an excuse either. When you’re accepting deposits, you need to be ready, prepared, and operate with professionalism right from the start. If you can’t handle that, perhaps you shouldn’t be in business.

  • Christ Leuschke
    3 years ago

    The platform is excellent! I’ve already gotten my first payment, and I can’t complain—everything went smoothly. The support team on the site is really impressive; they helped me with all my questions and guided me through every procedure. Huge thanks to BFX Funding!

  • Burley Mante
    3 years ago

    I’ve found BFXFunding to be a dependable platform that delivers impressive results. In the past, I traded with my own funds, but now I exclusively use BFXFunding, and honestly, it’s more straightforward, accurate, and advantageous for securing funding. They process payments promptly. The moment you finish the challenge, you receive your first profit split without delay. If you’re looking to make money, this is the place to be! Keep in mind, though, this is geared for serious traders; you really have to commit to the challenge if you want to see gains!