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📋 How We Review Prop Firms: CoinCodeCap evaluates prop trading firms across five weighted criteria: Payout Reliability (35%), Evaluation Fairness (25%), Pricing Value (20%), Platform & Tools (10%), and Support & Transparency (10%). We research payout histories, Trustpilot reviews, community feedback, and official rule documentation before scoring. All facts are verified at time of publication.
FX2 Funding launched in January 2023 with a 48-hour payout guarantee ($100 compensation if missed), up to 95% profit split, and a no-time-limit evaluation. It serves 7,000+ active traders across 150+ countries with cTrader, DXTrade, and MT5. The firm has faced some transparency concerns — most notably a Trustpilot complaint alleging contracts were issued under a company name that had legally changed — and is unlisted on Prop Firm Match’s vetted platform. Use caution and verify current legal entity details before purchasing.
⚡ TL;DR — FX2 Funding
FX2 Funding is a prop firm launched January 2023, founded by David Dombrowsky. Three programs: 1-Step, 1-Step Pro, 2-Step. Up to 95% profit split. 48-hour payout guarantee. Accounts $5K–$400K. US and Canada not accepted.
- 📅 Founded: November 2022 (operations Jan 2023) — CEO: David Dombrowsky
- 💰 Entry Fee: $80–$925 (refundable on success)
- 📊 Account Sizes: $5K–$200K per account · combined up to $400K
- 💸 Profit Split: 75%→80%→85% (progressive) · up to 95% with add-on
- ⚡ Payouts: 48-hour guarantee · $100 compensation if missed · every 14 days
- 📋 News Trading: Allowed · profits removed within 5-min window of high-impact events
- 🚫 Restricted: US, Canada, and several sanctioned countries not accepted
- ⚠️ Caution: Unlisted on Prop Firm Match · legal name change concern raised on Trustpilot
- ✅ Best For: Non-US Forex traders wanting a 48-hr payout guarantee and progressive profit split
Table of Contents
FX2 Funding at a Glance
| 📊 Feature | Details |
|---|---|
| ⭐ CoinCodeCap Rating | 3.7 / 5 |
| Founded | Nov 2022 (ops Jan 2023) — CEO: David Dombrowsky |
| Legal Entity | FX2 Funding, LLC (Saint Lucia) · partnered with Eightcap broker |
| Best For | Non-US Forex traders wanting 48-hr payout guarantee |
| Markets | Forex, indices, metals, energies, crypto (limited) |
| Programs | 1-Step · 1-Step Pro · 2-Step |
| Account Sizes | $5K–$200K per account · up to $400K combined |
| Entry Fee | $80–$925 (refundable after first funded payout) |
| Profit Split | 75% (1st) → 80% (2nd) → 85% (3rd+) · up to 95% add-on |
| Profit Target | 10% (1-Step) · 8% + 5% (2-Step) |
| Daily Drawdown | 4% |
| Max Drawdown | 6% |
| Time Limit | ✅ None (must place 1 trade/30 days) |
| News Trading | ✅ Allowed · profits removed within 5-min window |
| Payout Guarantee | 48 hours · +$100 if missed |
| Payout Frequency | Every 14 days (5-day add-on available) |
| Platforms | cTrader ($4/lot), DXTrade ($7/lot), MT5 |
| US/Canada | ❌ Not accepted |
| Trustpilot | 449 reviews — mixed (wide spreads, legal concerns flagged) |
| 👉 Start FX2 Funding Challenge → | |
⚠️ Transparency Note: A Trustpilot reviewer in late 2025 alleged that their contract was issued under “Forest Park FX LTD” — a company that had legally changed to “Prop Account Ltd” months earlier, with no company registration number listed. FX2 Funding’s Trustpilot response disputed characterization but did not deny the name change. FX2 Funding is also currently unlisted on Prop Firm Match’s vetted platform. Verify the current legal entity name and registration details on the official FX2 website before purchasing.
⚡ Bottom Line (Up Top): FX2 Funding’s 48-hour payout guarantee, progressive profit split (up to 95%), 48-hr $100 compensation policy, and no-time-limit evaluation are genuinely competitive. The firm serves 7,000+ traders across 150+ countries. That said: US and Canada traders cannot use FX2, spreads are wider than competitors per community reports, the firm is unlisted on Prop Firm Match, and the legal entity transparency concern warrants caution. For non-US traders who want a fast-payout Forex prop firm, FX2 is viable — but verify legal entity details and start with a small allocation.
What Is FX2 Funding?
FX2 Funding is a proprietary trading firm founded in November 2022 by David Dombrowsky, Jacob Scott, and Yoel Bender, with operations starting January 2023. It is registered in Saint Lucia as FX2 Funding, LLC and partners with Eightcap (an Australian regulated broker) for execution infrastructure. The firm targets Forex traders with a simple evaluation structure, fast payouts, and no time limits.
FX2 does not accept US or Canadian traders. News trading is allowed but profits from trades opened within 5 minutes of high-impact news events are removed — a nuanced rule that catches traders who don’t read the fine print. HFT, latency trading, and cross-account hedging are prohibited.
Three Evaluation Programs
| Program | Profit Target | Daily Loss | Max Loss | Drawdown Type | Min Days |
|---|---|---|---|---|---|
| 1-Step | 10% | 4% | 6% | Trailing | None |
| 1-Step Pro | 10% | 4% | 6% | Fixed (static) | None |
| 2-Step | 8% + 5% | 4% | 6% | Fixed (static) | None |
The 1-Step Pro is the same as the standard 1-Step but replaces trailing drawdown with fixed (static) drawdown — giving traders more headroom if they profit early. The 2-Step allows up to 95% profit split (base 85% scaling up) with 1:100 leverage on Forex. No minimum trading days apply to any program — just the condition of one trade every 30 days to keep the account active.
⚡ Expert Tip: Use cTrader if possible — commissions are $4/lot vs $7/lot on DXTrade, a meaningful difference for active traders. The news trading profit removal rule (5-minute window) is enforced automatically — set your own alerts around scheduled events to avoid accidentally losing evaluation profits to this rule.
Profit Split and Payouts
FX2’s profit split scales progressively: 75% on the first payout, 80% on the second, 85% from the third payout onwards. This is lower than the headline for new traders — the 85% base only kicks in after two successful payouts. Upgrading to 95% requires a $137 add-on. Payouts process within 48 hours via USDT TRC20 or Rise; if FX2 misses the window (without the trader’s fault), an extra $100 is added to the payout. First payout is available 7 days after the first funded trade, then every 14 days.
How We Rate FX2 Funding
| Criteria | Weight | Score | Notes |
|---|---|---|---|
| Payout Reliability | 35% | 3.5 / 5 | 48-hr guarantee, $100 compensation. Multiple positive payout reports. Wide spreads and legal entity concerns reduce confidence. |
| Evaluation Fairness | 25% | 3.5 / 5 | No time limit, news trading allowed (with caveat). 4% daily loss and 6% overall is tighter than most firms. Profit removal within 5-min news window. |
| Pricing Value | 20% | 3.5 / 5 | $80–$925, refundable. Progressive split means first 2 payouts are below headline rate. 95% requires paid add-on. |
| Platform & Tools | 10% | 4.0 / 5 | cTrader + DXTrade + MT5. Dedicated account manager per funded trader. FX2 Academy educational resources. |
| Support & Transparency | 10% | 3.0 / 5 | Unlisted on Prop Firm Match. Legal entity name change concern on Trustpilot. Support response times vary (24hrs+ reported). |
| Overall: 3.7 / 5 | |||
Pros and Cons
| ✅ Pros | ❌ Cons |
|---|---|
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Who Should Use FX2 Funding?
FX2 Funding suits you if: You’re a non-US/Canada Forex trader who wants a 48-hour payout guarantee with $100 compensation. You want static drawdown via 1-Step Pro or 2-Step. You trade news events and can avoid the 5-minute profit removal window. You want a dedicated account manager and progressive profit scaling.
Look elsewhere if: You’re based in the US or Canada — FX2 doesn’t accept you. You want the tightest spreads available — community reports flag FX2’s as wide. You need a fully transparent legal entity with a clean public record. You want a higher base profit split from day one — FTMO (80% immediately) and FundedNext (up to 95%) are both more straightforward.
⚡ Bottom Line: FX2 Funding’s 48-hour payout guarantee, progressive profit split reaching 95%, refundable fees, and no-time-limit evaluation are genuinely competitive features. The tight 4%/6% drawdown limits and progressive split (only 75% on the first payout) require careful planning. The legal entity concerns and unlisted status on Prop Firm Match add a layer of due diligence that established firms don’t require. For non-US traders who do their research and start with a smaller allocation, FX2 is a viable option — but verify current legal entity details before committing.
📝 Reviewed by the CoinCodeCap Editorial Team — Our prop firm reviews are researched and written by analysts with direct experience evaluating funded trading programs, payout structures, and challenge rule sets across 20+ firms. All scores and comparisons are updated quarterly or when firms announce material changes.
FAQs
Is FX2 Funding legit?
FX2 Funding has 7,000+ active traders, multiple verified payout reports, and a 48-hour payout guarantee with $100 compensation if missed. However, a Trustpilot complaint raised concerns about a contract being issued under a company name that had legally changed, and FX2 is unlisted on Prop Firm Match’s vetted platform. The firm appears operational, but transparency concerns warrant extra due diligence — verify the current legal entity name and registration before purchasing.
Can US traders use FX2 Funding?
No. FX2 Funding does not accept traders from the United States or Canada. Other restricted countries include Afghanistan, Cuba, Iran, North Korea, Russia, Syria, Venezuela, and other sanctioned nations. Check FX2’s official restricted countries list before registering.
What is FX2 Funding’s news trading rule?
News trading is allowed, but any profits from trades opened within 5 minutes before or after a high-impact news event are automatically removed. This applies during both evaluation and funded stages. Set calendar alerts around major events (NFP, FOMC, CPI) and close or avoid opening positions within that window.
How does the FX2 profit split work?
FX2 uses a progressive profit split: 75% on your first payout, 80% on the second, and 85% from the third payout onwards. Upgrading to 95% requires a $137 add-on purchased at checkout. The headline “up to 95%” only applies after buying the add-on and completing multiple payout cycles.
Related articles: FTMO Review | FundedNext Review | BrightFunded Review | E8 Markets Review
