Appendix: How FX2 Has Built the Next-gen Prop Firm (2024)

In the rapidly expanding world of prop firms, finding a trading partner that truly understands and caters to the needs of traders can be a daunting task.

FX2 stands apart from the crowd by addressing the major issues plaguing the industry and providing a service that puts traders first. By prioritizing simplicity, flexibility, and profitability, FX2 has become a safe haven for traders of all types looking to grow their wealth.

In this appendix, we will explore the key features and benefits offered by FX2 that make it theprop firmof choice for potential traders.

Appendix: How FX2 Has Built the Next-gen Prop Firm (1)

Simplicity at its Core

FX2 recognizes that simplicity is paramount for traders seeking success in the markets. Unlike other prop firms that overwhelm traders with a multitude of complex rules and requirements, FX2 adopts a refreshingly straightforward approach. With only three rules to evaluate trades, traders can focus on what truly matters: executing profitable trades. By streamlining the evaluation process, FX2 ensures that traders can navigate the markets with confidence and efficiency.

Welcoming All Types of Traders

One of the unique aspects of FX2 is its inclusivity towards all types of traders. Whether you are a scalper, swing trader, or employ any other trading strategy, FX2 welcomes you with open arms. Instead of imposing rigid trading styles, FX2 acknowledges and appreciates the diversity of trading approaches. This inclusive trading environment fosters creativity, allowing traders to harness their individual strengths and maximize their trading potential.

No Stop Loss Required

Unlike traditionalprop firmsthat mandate the use of a stop-loss while trading, FX2 liberates traders from this constraint. By eliminating the requirement for stop losses, FX2 empowers traders to utilize their own risk management strategies. This flexibility enables traders to adapt to market conditions and optimize their trading decisions. It encourages a greater degree of independence and self-reliance, traits that are essential for long-term success in trading.

Weekend Holding

FX2 understands that the forex market operates around the clock, and significant trading opportunities can arise over the weekend. In contrast to many prop firms that enforce liquidation of positions before the market closes on Friday, FX2 allows traders to hold their positions over the weekend. This feature empowers traders to seize potential gains without the need to prematurely exit trades. It reflects FX2's commitment to providing a conducive trading environment that maximizes profit potential.

Appendix: How FX2 Has Built the Next-gen Prop Firm (2)

Generous Profit Split

A key factor that distinguishes FX2 from its competitors is its high-profit split, which can reach up to a salivating 85%. FX2 believes that traders deserve to reap substantial rewards for their efforts. By offering such a competitive profit split, FX2 aligns its interests with those of the traders. This incentive structure motivates traders to strive for excellence and rewards them accordingly, creating a mutually beneficial partnership between FX2 and its traders.

Real Live Accounts

FX2 recognizes the importance of transparency and trust in the trader-firm relationship. To foster this trust, FX2 provides real live accounts for traders. This means that traders can trade with real funds, aligning their interests with those of FX2. By offering real live accounts, FX2 ensures that the trading experience is authentic, realistic, and provides traders with the opportunity to fully immerse themselves in the markets.

Appendix: How FX2 Has Built the Next-gen Prop Firm (3)

Top-Notch Customer Service

At FX2, exceptional customer service is a top priority. Recognizing that traders may require support at any given time, FX2 offers multiple channels for communication, including a dedicated phone line, live chat, Facebook Messenger, WhatsApp, Telegram, and email. This comprehensive range of communication options ensures that traders can always reach out for assistance and receive prompt, personalized support when needed.

Timely Payouts

FX2 values the hard work and dedication of its traders, and understands the importance of timely compensation. To further support traders, FX2 offers a payout system that ensures quick and reliable payments. Traders receive their initial payout after seven days, allowing them to access their earned profits promptly. Following this initial payout, subsequent payments are made every 14 days, providing traders with a consistent and predictable income stream. This reliable payout structure demonstrates FX2's commitment to supporting traders' financial goals and aspirations.

Engaging Community and Resources

FX2 goes beyond being just a prop firm; it strives to build a vibrant community of traders. Through its dedicated Discord community and Facebook group, FX2 facilitates knowledge-sharing, collaboration, and networking among traders. Traders can connect with like-minded individuals, discuss trading strategies, share insights, and learn from one another's experiences. The community aspect fosters a supportive environment where traders can find motivation, encouragement, and valuable advice.

Additionally, FX2 offers a comprehensive resource library to equip traders with the necessary knowledge and skills to succeed. The FX2 Academy provides a wealth of educational materials, including an e-book specifically designed to guide traders on passing the prop firm evaluation. By offering resources such as webinars, ebooks, and white papers,, FX2 demonstrates its commitment to the growth and development of its traders, helping them to continually improve their trading prowess.

Appendix: How FX2 Has Built the Next-gen Prop Firm (4)

Conclusion

In an industry where traders' needs are often overlooked, FX2 stands out as a prop firm that genuinely puts traders first. Through its trader-centric approach, FX2 addresses the major issues that have long plagued the trading industry. By emphasizing simplicity, accommodating all types of traders, eliminating stop loss requirements, allowing weekend holding, offering a high-profit split, providing real live accounts, delivering top-notch customer service, ensuring timely payouts, and fostering an engaging community, FX2 has created an environment where traders can thrive.

If you are a potential trader seeking a prop firm that understands your needs, values your expertise, and provides the necessary support and resources for success, look no further than FX2. With its innovative approach and unwavering commitment to traders, FX2 offers an unparalleled trading experience that empowers traders to achieve their financial goals and unlock their full potential in the markets. Join FX2 today and embark on a rewarding trading journey with a prop firm that truly prioritizes the success of its traders.

Appendix: How FX2 Has Built the Next-gen Prop Firm (5)

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Appendix: How FX2 Has Built the Next-gen Prop Firm (6)

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Appendix: How FX2 Has Built the Next-gen Prop Firm (2024)

FAQs

What is the difference between FTMO and FX2? ›

Unlike FTMO and Audacity Capital's two stage, time limited evaluation, FX2 Funding takes new traders through a single simplified challenge for the evaluation process. Although all prop firms promise live accounts for all traders, most rarely do that.

What is the drawdown on FX2 funding? ›

* The maximum trailing drawdown starts at negative 6% of your starting balance. If your negative equity reaches 6% of your starting balance, your account will be terminated immediately. Once you achieve a 6% return, it stops trailing and the drawdown is locked in at your starting balance.

Is it hard to pass prop firm challenge? ›

If so, then you may have heard about the prop firm challenge. This is a popular way for traders to prove their skills and potentially secure funding from a prop firm. However, passing this challenge can be quite daunting and requires a lot of hard work and dedication.

How do I withdraw from FX2 funding? ›

A request can be easily made by clicking the blue withdraw button in the “wallet” tab of his dashboard. Traders who pass the FX2 evaluation will immediately receive instructions on the KYC verification process. We currently offer payouts via Rise payments.

How many FTMO traders fail? ›

The FTMO challenge has a reputation for being extremely difficult to pass. Across FTMO's various account levels, it is estimated that only around 10% of traders are able to successfully complete the evaluation and become a funded trader. This means approximately 90% of those who attempt the challenge end up failing.

Can you pass FTMO in one day? ›

There is no time limit within which you need to pass the Profit Target, the Trading Period is indefinite. As soon as all the Trading Objectives of your FTMO Challenge are met and your results are reviewed, you can proceed to the Verification phase. The minimum time to complete an FTMO Challenge is 4 trading days.

Which prop firm is the best? ›

Best Prop Trading Firms 2024 - Reviewed by Experts
  1. Topstep: A Leader in Trading Innovation. ...
  2. The 5%ers: Forex Trading with a Twist. ...
  3. Earn2Trade: Empowering Aspiring Traders. ...
  4. SurgeTrader: A Gateway to Diverse Trading Assets. ...
  5. FTMO: Stringent Yet Rewarding. ...
  6. E8 Funding: Innovative and Flexible.
Feb 2, 2024

What is the drawdown rule for funded next? ›

Traders are allowed to lose 5% of their initial account balance on any given day as their daily drawdown. If your initial account balance is $100,000, then 5% of the amount is $5000. At any point in a day, if the (running + closed) loss exceeds $5000 it will be considered a daily drawdown rule violation.

Does FX2 funding use MT4? ›

FX2 Funding User Experience

Traders can choose between the highly advanced MT5 trading platform or the easy-to-use MT4 for trade execution, further enhancing the user experience.

How many people actually pass prop firm challenges? ›

The article from Lux Trading Firm provides slightly different results. According to it, 4% of traders, on average, pass prop firm challenges. But only 1% of traders kept their funded accounts for a reasonable amount of time.

Can you pass a prop firm challenge in a day? ›

Passing FTMO challenges is not an easy task and it takes time. Take your time and do not rush through it. You have a whole month to complete it, which is usually more than 20 trading days.

Which prop firm is the cheapest? ›

Best cheap forex prop firms
  • FTMO: evaluations starting at $399.
  • TopStepTrader: Challenges starting at $375.
  • T4tCapital: Flexible evaluation options starting at $299.
  • Funded Trading Plus: Starting at $25.
  • Earn2Trade: $99 Mini challenge.
  • True Trading Group: $49 evaluation with a $25,000 virtual account.
Feb 27, 2024

What prop firm has the fastest payout? ›

Fastest Industry Payouts – MyFundedFutures has the fastest payouts in the futures prop trading space which has become more and more important with some of the other futures prop trading firms taking weeks to payout.

What is the minimum trading days for FX2 funding? ›

4. Efficient Evaluation Process: The evaluation process at FX2 Funding is refreshingly straightforward. You only need to trade for a minimum of ten days to pass and join the live-funded account.

What prop firms have no time limit? ›

Direct Funded Trader (DFT) is a prop firm providing funded trading accounts across forex, futures, stocks, and crypto markets. They offer a lifetime profit split model with no time limits on their highest account tiers. DFT launched in 2020 and currently works with over 1,800 funded traders.

What is the difference between FTMO and my forex funds? ›

FTMO enforces stricter drawdown limits across the board. MFF offers profit splits from 70% to 85% based on account type. FTMO starts at 70% for Normal accounts and can reach 90% profit share for consistent traders.

Is FTMO better than my forex funds? ›

Summary. Both FTMO and MyForexFunds are quite similar with only a few differences. In terms of the rules, MyForexFunds has better drawdown rules, lower minimum trading days, and also a lower profit target in their first stage.

Which is better than FTMO? ›

FTMO vs The Trading Pit

There are several reasons why we found The Trading Pit to be better than FTMO, including: Lower challenge fee: To acquire their funded account, which provides you with $10,000 to trade with, you only need to pay a € 99 fee. This is slightly less than FMTO.

What does FTMO mean in trading? ›

An FTMO Account is an account with fully fictitious funds, however, with real market quotes from liquidity providers. Please note that, for FTMO Account purposes, liquidity providers do not provide us or FTMO Traders with any real money (liquidity), only with the market quotes.

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