In recent The5ers interview, Furkan shared his transformative journey in the trading world.
In recent The5ers interview, Furkan shared his transformative journey in the trading world.
Howdy, everyone! This time, we’ve got a brand new review for you. We’ll have a review about SFX Funded, a newly featured proprietary trading firm, on our website.
Despite being a recent entrant into the industry, SFX Funded has quickly gained recognition for its management and stellar reputation. The firm is drawing global attention by offering very enticing features to traders around the world. But let’s check out exactly what they’re offering.
For those who are unfamiliar with SFX Funded, they are a prop trading firm founded in May 2024. They are fairly new to the industry, but they are based out of Dubai, United Arab Emirates.
Let’s look at their funding options. They offer two distinct funding programs:
Traders can manage accounts up to $120,000 with profit splits ranging from 65% to 95%, depending on the chosen program.
Let’s start with the two-step evaluation. This program allows traders to manage account sizes ranging from $7,500 to $120,000. The purpose is to identify talented traders who can be profitable and efficiently manage risk during the evaluation period. This program permits trading with leverage up to 1:30, depending on your instrument.
Once funded, you have a minimum withdrawal requirement of 2%. Traders must adhere to the 4% daily loss and 8% overall loss rules, which goes without saying.
Now, let’s move on to the instant funding program. This program allows you to manage account sizes ranging from $5,000 to $80,000, and you can start earning from the beginning, bypassing the evaluation phase. Leverage up to 1:30 is also available here.
The scaling plan is applicable here. If a trader is profitable two out of the last three months with a 10% or more return over that period and a minimum of two processed payouts, they become eligible for an account size double-up.
So, what makes SFX Funded different from some other prop firms? They offer two unique account types: the two-step and instant funding programs. While there are other firms offering similar programs, SFX Funded provides numerous favorable features, including an unlimited trading period with no time pressure, a unique consistency-based scaling plan, very affordable evaluation prices, and more capital for the same price as many top firms in the industry.
There are so many details that you should be aware of, so why don’t you watch the video:
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