About Fundedx
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More info Fundedx
Customer Reviews (51)
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1 year ago
Randy Kuphal
This firm, while relatively new, can be relied upon with confidence. It’s important to watch out for their news rule, but in general, they stick to their guidelines. The support team is readily available and is committed to resolving any issues that might arise. One thing to note is that, after you successfully pass their trading challenges, they limit your risk to just 1% at a time, which can make trading quite challenging. However, I must say, they do deliver on payouts without any problems. I’ve made six payout requests from them so far, and each one has been processed without a hitch.
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1 year ago
Laverna Kuhn
If you’re reading this and have doubts about the authenticity of this review, I urge you to join the FundedX Discord and reach out to Phil. He’s always ready to verify what I’ve shared!
Let’s break it down into four main areas: Trading, Rules, Service, and Payout.
1. Trading:
At FundedX, you have the option to trade on Ctrader, TraderLocker, and now the newly introduced Platform 5. Personally, I prefer TradeLocker, as it has been an effective trading tool for me. Notably, I haven’t encountered slippage issues—something that’s often problematic with other proprietary firms. The variety of instruments available is impressive, and the absence of overnight swaps makes it particularly advantageous for swing traders. Additionally, the spreads offered are quite reasonable across all instruments. Overall, I have no complaints regarding the trading environment.
2. Rules:
While proprietary firms typically enforce stringent rules to promote responsible risk management—ensuring trading is about strategy rather than luck—FundedX’s guidelines strike a reasonable balance. It’s essential to review these rules and see how they align with your trading style. In my experience, they are clear and fair, without placing FundedX at an unfair advantage. Compared to other firms, I believe FundedX stands out as being highly underrated. If they continue on their current path, I wouldn’t be surprised to see them gain recognition alongside established players like FTMO or FundedNext.
3. Service:
My experiences with customer service have been nothing short of positive. Whenever I’ve had questions about the firm’s rules, reaching out was straightforward, and they addressed my inquiries promptly and accurately. I never encountered rudeness; instead, the representatives were consistently friendly and eager to assist.
4. Payout:
Today marked my 11th payout request. There was only one instance where it took a bit longer, and this was due to my bank—not FundedX. Even then, they were quick to respond and provided a screenshot of the transaction, demonstrating their support (which occurred on a weekend, mind you).
So, is FundedX a reliable prop firm? Absolutely! They keep their promises and treat their traders fairly. I genuinely don’t feel that they are just after your challenge fee. Within their framework, it’s possible to become a better trader. Remember, it’s important to approach trading seriously—focus on consistent profits and discipline instead of chasing big wins, and you’ll see that FundedX is indeed a solid choice.
If my perception of FundedX changes due to issues with payouts or unfavorable adjustments to their rules, I will write an updated review or modify this one.
Thank you for considering my insights and perhaps reconsidering your thoughts about this firm.
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1 year ago
Merle Trantow
It’s best to invest your funds elsewhere; this firm doesn’t merit your hard-earned cash. It’s simply a poor choice.
While they claim that trading during news events is prohibited—and that’s understandable—there’s a significant issue when it comes to existing positions. If your trade hits the stop-loss during a major news event, that can lead to failing your challenge. Unfortunately, this crucial detail isn’t covered in their FAQ section. They focus solely on stating that trading can’t occur two minutes prior to news releases or closing trades for two minutes post-release. However, they neglect to explain that if you’re already in a position that you opened well before the news and it gets stopped out, that’s also considered a breach of their rules.
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1 year ago
Andre Dare
This firm really struggles. Honestly, it might be one of the least impressive proprietary trading firms out there. The live support? It’s pretty terrible. They take a long time to respond, and getting your account credentials isn’t straightforward at all.
I had purchased two accounts using cryptocurrency, and even though they accepted my payment right away, they didn’t approve it for days. I ended up waiting three days just to get the credentials for my new accounts. After passing the phases, they took an additional two days to send me the credentials for my live account. It feels like they always have excuses ready instead of helping customers.
In my opinion, this is a frustratingly poor prop firm. You might want to think twice before spending your hard-earned money here!
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1 year ago
Shany Huels
Exercise caution when considering this company. It can be a source of significant frustration. Trading is inherently challenging, and only the most disciplined traders tend to succeed, but this firm seems to exacerbate the difficulties for its traders. Their website claims, “We pride ourselves on providing the best trading conditions to our clients, which is why we offer live trading environments even during challenges. No outrageous spreads or slippage issues like those faced by other firms. We are for the trader.” This assertion is simply untrue. Almost every trade I execute results in my stop loss being hit at nearly double my intended risk. For instance, with a $200,000 account and risking $2,000, I frequently find myself losing $3,000. After just four losing trades, I could be down an additional $4,000 from my balance.
While I recognize that commissions and market volatility can impact trading, the consistent doubling of my risk with this firm is unparalleled. Other firms I’ve tried do not compare in this regard, leading me to suspect that this company profits from making trading increasingly challenging for clients, resulting in lower profitability and the need to purchase more challenges. The customer service leaves much to be desired as well. Noticing the scant number of payout posts each day suggests that many others may be in the same predicament as me. Save yourself the hassle—steer clear of this company. There are numerous more reliable and reputable firms out there. Funded X definitely isn’t one of them.
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1 year ago
Willy Pfeffer
I encountered some problems with duplicate payments, but I have to say, Aj and the team were incredibly quick to respond. They handled the situation efficiently and processed my refund without delay.
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1 year ago
Lilly Flatley
I’ve had a pretty good experience with FundedX up to this point. The platform is easy to navigate, and the evaluation process is clear and straightforward, making it suitable for traders at various levels. I like their range of challenge options, which allows customization of trading goals.
The support team has been quite responsive and helpful; whenever I’ve run into questions or issues, they’re quick to offer assistance, which ensures smooth communication. Their transparency regarding payouts and the overall fairness of the trading conditions is something I really appreciate.
One area that could use some improvement is the speed of query resolution during peak hours, but apart from that, I’m quite satisfied. FundedX has given me a fantastic chance to develop as a trader while managing my risk effectively.
I would definitely recommend it to anyone aiming to elevate their trading experience. 👍
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1 year ago
Patrick Gottlieb
The fees here are absolutely outrageous. Honestly, after just a few losing trades, I found that the fees exceeded my actual balance, which is really disappointing. If you’re not already a profitable trader, I can’t in good faith recommend this firm.
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1 year ago
Anahi Pollich
I had a really unfortunate experience with this trading firm. On Halloween, they gathered personal information, including phone numbers, seemingly for future use and possibly for sale. It’s quite clear that this company operates in a questionable manner, almost like a group of swindlers. I have a receipt for a paid account, yet they haven’t provided me with access to any account at all.
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1 year ago
Ezequiel Sanford
My experience with this trading firm hasn’t been exactly stellar, but I do have to give credit where it’s due—they did manage to pay me out. However, it wasn’t without its share of difficulties. Initially, they promised a 110% payout split because I signed up for their 110% promotion, but that didn’t happen as expected. They often tout speedy payouts, yet my first one took three days to process, and the second felt like it stretched on forever. So, while my overall payout experience was quite frustrating, I can still appreciate that I received my funds. That’s why I’m awarding them four stars. If they want to reach the coveted five-star mark, they’ll need to make some significant improvements.
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1 year ago
Ford Hand
So far, my experience has been quite positive! I received my first payout within just 24 hours of meeting the eligibility criteria, and the challenge matched the description perfectly. I’ll be sure to update my review should there be any changes.
Update – I’ve now received three payouts, all of which occurred within the anticipated timeframes, with a few even coming through in just 2 hours. There were some inconsistencies in the support team’s communication regarding the bonus offers during the sign-up process, but they eventually clarified everything and fulfilled their promises. My only recommendation would be to enhance the consistency of messaging from the support team.
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2 years ago
Bruce Corwin
The customizable alerts have truly been a game changer for me, saving countless hours in my trading routine. It’s such a relief to know that I can concentrate on other important tasks, all while trusting that I’ll receive notifications about significant market movements.
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2 years ago
Milan Carroll
The trade copier feature has proven to be extremely beneficial for me. It allows me to learn from seasoned traders, all while I can keep my own risk in check.
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2 years ago
Alycia Dicki
The execution speed of the platform is truly impressive. Orders are filled nearly instantaneously, which is essential when dealing with fast-paced markets.
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2 years ago
Elinore Boyer
After I successfully completed the challenge, I found the funding process to be more streamlined than I had anticipated. Things moved along swiftly and with great efficiency.
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2 years ago
Lilian Simonis
The variety of trading instruments offered is quite impressive. This has enabled me to effectively diversify my portfolio, which helps in spreading risk across various asset classes.
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2 years ago
Howard Satterfield
The community webinars have been exceptionally enlightening. I’ve gained a wealth of knowledge from the expert traders and guest speakers they feature. It’s truly impressive how much valuable information these sessions provide.
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2 years ago
Amelie Lemke
The transparency throughout the entire process is commendable. There are no hidden surprises, and everything is clearly outlined. I really value this level of honesty and clarity.
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2 years ago
Hayden Funk
The platform’s charting tools are quite advanced, yet they remain accessible for users of all skill levels. It’s impressive how they’ve enhanced my technical analysis abilities significantly.
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2 years ago
Adrien Thompson
The integration of the economic calendar and the news feed is incredibly beneficial for keeping track of significant market events. I’ve noticed that it has greatly enhanced my fundamental analysis efforts.
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2 years ago
Abbigail Wilderman
The risk management rules here are really well thought out, and I’ve noticed a big improvement in my trading performance because of them. They’ve played a key role in helping me develop a more disciplined approach to trading. It’s amazing how that structure can transform the way you operate in the market.
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2 years ago
Milan Gislason
The community aspect really shines; it feels like you have a team of seasoned traders right at your fingertips. Having access to such a wealth of experience is truly invaluable.
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2 years ago
Rowland Kuhic
The trading conditions at this firm are impressive—I’ve honestly never had such smooth execution of trades in my experience. It’s like a paradise for traders, really.
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2 years ago
Leda Gerhold
Responsible trading is really highlighted at this firm, and it’s had a remarkable effect on my performance. Just last month, I pulled in a payout of $9,000, all while sticking to rigorous risk management guidelines. The emphasis on sustainable trading has reshaped my perspective, resulting in steadier outcomes and reducing mistakes caused by stress. It’s become clear to me that this is about more than just profit; it’s about evolving into a more skilled and professional trader.
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2 years ago
Kaley Casper
The flexibility this firm provides is a real benefit for busy parents like myself. I have the ability to trade while the kids are at school, which is fantastic. Plus, I can effortlessly track my performance through their user-friendly platform.
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2 years ago
Nikolas Reilly
The educational resources offered here are truly invaluable. I’ve found that the community-driven approach really helped me hone my strategies while significantly increasing my confidence in trading.
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2 years ago
Vivianne Reichert
The immediate access to an account right after buying a challenge really shows that this firm trusts its traders. This level of confidence is what clearly differentiates them from other firms in the industry.
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2 years ago
Richie Windler
My personalized dashboard has really become essential for my success. It easily keeps tabs on my metrics and helps me monitor my progress toward my goals.
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2 years ago
Carmella Langworth
The payout process here is truly impressive; I mean, I got my $3,500 withdrawal in just a few hours after putting in the request. This kind of efficiency really sets them apart—it’s definitely a game-changer in the industry.
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2 years ago
Gwendolyn McKenzie
The level of transparency at this firm is truly refreshing. Because of this openness, their clear guidelines and expectations foster a stress-free environment for trading. It’s a welcome change that many traders, both new and experienced, can appreciate. Overall, the emphasis on clarity helps to create a more relaxed atmosphere, allowing traders to focus on the market without unnecessary pressure.
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2 years ago
Roslyn Weber
The fact that they offer support around the clock really brings a sense of reassurance, especially for traders like us who operate during off-peak hours.
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2 years ago
Jorge Kshlerin
I began with the smallest challenge and soon advanced to managing a six-figure account. The opportunities are truly excellent, and the profit splits are more than reasonable. In just six months, I increased my account from $5,000 to a stunning $100,000, with my most recent payout reaching a remarkable $12,500. This scaling system effectively incentivizes steady performance and judicious risk management.
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2 years ago
Felicita Stokes
As a funded trader, my experience with this firm has been tumultuous, to say the least. Initially, I received my first payout of $7,700 with no issues. However, my second payout request was denied, and to my surprise, my account was then closed. Despite multiple emails to support, I have received no response. It feels as though I’m being ignored completely.
Attempts to communicate with them have proven futile, and I can’t shake the feeling that this company is more interested in keeping your money than actually rewarding successful traders. My concerns expressed on Discord were met with expulsion from the group. The owner, AJ, should consider the implications of his actions, particularly because I put in significant effort to achieve that payout.
This isn’t just a matter of misunderstanding; I have documented evidence of my attempts to communicate—emails that have gone unanswered while being told that the internal team is investigating. If they had taken the time to respond to my inquiries instead of redirecting the conversation, I wouldn’t feel compelled to voice my frustration publically.
In one of their emails, they stated: “We are here if you would like to chat about any of the above.” Interestingly, they also included a warning about the confidentiality of the document, implying that sharing it could lead to legal repercussions. This tactic feels more like a scare tactic designed to intimidate.
The examples they shared in their emails are baffling, showing trades that were placed hours apart. It seems they were unhappy with my 75% winning rate, particularly as their company began incurring losses. I’m more than willing to share the rest of the correspondence to shed light on their practices.
Accusations against me are completely unfounded, and it’s frustrating to see such behavior from a firm that, on the surface, promises opportunities for traders.
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2 years ago
Antonetta Bode
I’m really impressed with Fundedx and I’m thrilled to have received my first payout in my trading career! The support team has been incredibly quick to respond to all my inquiries, and I’ve noticed that payouts are initiated and received almost instantly. It’s a fantastic firm with no issues at all on my end.
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2 years ago
Aubree Ruecker
Caution is advised when considering this firm.
It seems that AJ has gained quite a reputation for being less than honest. I recently engaged with his signal service, and I must say, it felt like a complete scam—like 200% all the way! He markets it as a way to earn money, which could be considered misleading at best, but conveniently omits the discussion of any losses. Just the other day, there were four stop-losses hit in a single day. If you try reaching out to AJ for clarification, be prepared; he’ll likely block you and kick you out of the group without a second thought!
Moreover, the spreads are shockingly unfavorable. It’s best to steer clear of this so-called “guru.”
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2 years ago
Reva Abbott
I’ve experienced really frustrating slippage with this firm. I set my stop loss to break even, and surprisingly, I got stopped out three times, all at levels beyond my stop loss. To make matters worse, the support offered is solely AI-based, which isn’t exactly helpful when you need to resolve issues.
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2 years ago
Giovanni Jones
This firm offers an impressive trading experience. I’ve found it to be quite beneficial. The resources available are top-notch, making it easier to navigate the trading landscape. Overall, I would recommend giving it a try if you’re considering a trading firm.
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2 years ago
Chauncey Dickens
I’ve had an excellent experience with FundedX to date, particularly during the recent double migration. The support staff were prompt in addressing my account issues and provided invaluable help during what was a very chaotic period for the industry. I can’t commend AJ and his team enough for their proactive approach in safeguarding all their customers by offering free migrated accounts. Without a doubt, I’ll remain a loyal customer for years to come. Thank you, Team FundedX!
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2 years ago
Alfred Mayer
The spreads here are quite poor. I found the slippage significantly increasing my risk exposure. Recently, they made the abrupt switch to a new platform, which resulted in security breaches for many accounts. It’s been over a week now, and I’m still locked out of my accounts with no feedback from their support team.
Honestly, investing in a challenge with this firm feels like a waste of your hard-earned money.
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2 years ago
Maud Rolfson
Having been with FundedX from the start, I can confidently say that the team consistently prioritizes the needs of the trading community. They focus on delivering excellent support, maintaining competitive spreads, and genuinely listening to user feedback. It’s clear that they’re committed to ensuring we, as clients, receive the highest quality service possible.
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2 years ago
Terence King
The spreads are pretty bad, just like with any prop firm that relies on Interactive Brokers. I mean, I executed the same trades using a trade copier and got completely different results—one challenge was passed, while the other didn’t even come close. It’s frustrating how much variability there is.
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2 years ago
Major Gleichner
I highly recommend this trading firm! They offer 24/7 support and excellent educational programs.
You can connect with them on various social networks like Discord, Instagram, and TikTok.
Their newly revamped website now integrates seamlessly with DX Trade and TradeLocker, making it one of the best platforms available.
For individual traders, the pro spreads are truly outstanding.
Plus, the team comprises knowledgeable professionals who are always ready to help!
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2 years ago
Victoria Green
I really love FundedX; my experiences there have been outstanding. I genuinely appreciate the team’s support and dedication.
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2 years ago
Stacy Huel
I began my first trade on March 13 as part of my funded account challenge, stage 1. Yet, even by March 19, my dashboard indicated that I had only traded for two days. How is that even possible? I submitted a complaint about this issue, but it’s been three days, and I’m still waiting for a resolution.
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2 years ago
Gladyce Batz
The spreads offered by this firm are quite poor, and I found their customer support to be unhelpful. Additionally, the website often feels unreliable and is unresponsive nearly 90% of the time.
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2 years ago
Corine Conn
It’s common for proprietary trading firms to have some hidden rules tucked away in their terms and conditions. I attempted to read through them, but the webpage wouldn’t even load.
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2 years ago
Bernita Reichel
The spreads here are absolutely top-notch. I’ve never encountered better rates anywhere else. It’s impressive how consistently tight they manage to keep their spreads. If you’re looking for a trading firm with exceptional pricing, this is definitely the place to be.
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2 years ago
Ariane Koelpin
The processes here are straightforward, and I can’t say enough about the fantastic communication from the support team as well as AJ, the founder. They excel at addressing issues and the payout process is quite simple. I truly enjoy this prop firm and would highly recommend it to others!
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2 years ago
Esteban Koelpin
After my experience with TFT, where I faced exorbitant spreads that led to my exit, I began searching for a more suitable proprietary trading firm. Thanks to a friend’s recommendation, I found my way to FundedX. Looking back, it turned out to be a fantastic decision! The service is both prompt and efficient. Perhaps the most impressive aspect is the virtually nonexistent spread—even after completing the challenge.
Ellie Heidenreich
At first glance, purchasing a challenge seems straightforward, but then the rules change unexpectedly. Initially, the guideline of a two-minute buffer before and after news events turned into five minutes. The refund policy on the first payout was shifted to the third payout, which raised eyebrows among many traders. Moreover, the 1% risk per trade was initially only applied to accounts considered risky; now it’s imposed across all accounts with additional restrictions on correlated pairs. If pairs happen to be correlated, the risk must be split, but they can’t be aligned in the same direction—long or short. This is quite absurd. You put in the effort to get funded, only to have the rules adjusted afterward, complicating your trading strategy.
The founder, AJ, doubles as a signals provider. Unfortunately, his signals seem to yield more losses than gains, and if you attempt to mimic his trades in FundedX, there’s a good chance you’ll run afoul of their correlating rules. He’s even been known to issue signals during news events, which is a clear breach of protocol. In his Signal to Success group, he boasts about having a profitable day, but that day typically includes three losses and just one win accompanying his signals. It feels disingenuous at best.
FundedX and AJ tout transparency and support for traders, yet the reality appears otherwise—most of the signals seem to lead to losses that violate the very rules of his prop firm. Any regulations seem more designed to hinder traders than to support them, all while lining his pockets. I strongly advise against investing your money in FundedX or putting it into the brokerage for his signals—you’re likely to lose in both areas.