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FAQ

Everything you need to know about FYNX Funded. New to a word? See the glossary.

25 questions in 4 topics

Getting started

What is FYNX Funded?

FYNX Funded provides trading evaluation programs. Traders who meet the applicable objectives and eligibility requirements may advance to the funded stage described in their selected plan.

How does the evaluation work?

The approved new-account schedule offers 1, 2 or 3 phases. Each phase requires its profit target, minimum trading days, 40% consistency and no loss breach. Eligibility requires human review; purchases remain closed. See Trading Rules for each program.

What instruments can I trade?

The planned scope is Forex with a USD account ledger. No production pairs or leverage are approved yet. Crypto and other markets are unavailable; the broker catalog is still being verified.

What is the difference between the 1-, 2- and 3-phase programs?

They trade off speed against room for loss. 1-phase has a single 10% target with 4% daily and 8% maximum loss. 2-phase asks for 8%, then 5% with 5% daily and 10% maximum loss. 3-phase asks for 6%, then 5%, then 4% with 5% daily and 12% maximum loss. Prices and the funded profit split also differ by account size. To narrow it down, the challenge finder checks every published plan against your fee budget and your usual risk per trade (how many losing trades fit inside one day's loss allowance) and ranks the ones that fit by what matters most to you.

Rules & limits

What happens if I breach a rule?

If you violate a daily-loss limit, maximum-loss limit, or another applicable rule, the account may be marked breached. Any restart option and price will be shown separately if available.

Can I hold trades over the weekend?

No universal weekend or overnight permission is offered, including for Swing style. Permissions require the final account terms and verified broker instrument schedule. Purchases remain closed.

Is there a time limit to pass the challenge?

No. There is no maximum time limit. Take as long as you need, as long as you meet the minimum trading days requirement.

What are the profit targets?

1-phase: 10%. 2-phase: 8%, then 5%. 3-phase: 6%, then 5%, then 4%. Each target is a percentage of the account size, and every phase starts again from the full account size. Example: on a $25,000 2-phase account the first target is $2,000 profit, a balance of $27,000.

When does the trading day reset?

Every trading day resets at 22:00 UTC, all year round, with no daylight-saving change. At that moment the daily loss floor is recalculated from your balance.

How is the daily loss limit calculated?

Your daily floor is the balance at the 22:00 UTC reset minus 4% (1-phase) or 5% (2- and 3-phase). Equity, including open profit or loss, is compared with that floor. Touching the floor is allowed; falling below it records a breach. Example: a 5% limit on a $25,000 reset balance gives a floor of $23,750.

How does the maximum loss limit work?

The maximum loss is static: 8% for 1-phase, 10% for 2-phase and 12% for 3-phase, measured from the starting balance of the phase. Profits do not raise this floor. Example: a $25,000 2-phase account has a fixed floor of $22,500.

How do I work out my lot size?

Decide how much you are willing to lose on the trade, then divide it by what one lot loses if your stop is hit. Example: risking $125 with a 25-pip stop on EUR/USD, where one standard lot (100,000 units) moves $10 per pip, gives $125 Γ· $250 = 0.50 lots. On a cross pair such as GBP/JPY the pip is paid in the second currency (1,000 yen per pip on 1.00 lot), so it is turned into dollars with the matching US-dollar pair: at USD/JPY 150.00 that is about $6.67 per pip. The position size calculator does this for yen, pound, Canadian dollar, Swiss franc, Australian dollar and New Zealand dollar crosses. Contract sizes and charges for FYNX Funded accounts are pending broker verification, so check your platform's contract details before trading.

How likely is my trading plan to pass?

Nobody can tell you in advance, but you can test how the rules treat a plan. The pass simulator on the Rules page plays your risk per trade, reward, win rate and trades per day forward thousands of times against the daily loss, maximum loss, minimum days and 40% consistency rules, and shows how often it passes, how it fails and how many trading days it usually takes. Once you have at least 10 winning or losing closed trades, Analytics in your dashboard can run the same test on your own record (your win rate, average win and average loss). You can also paste or open a list of your own trade results (for example a broker CSV export with a Profit column) in the simulator on the Rules page and replay them; they are read on your device and never uploaded. If your export includes close times, "Replay your record day by day" on the same page plays your trades back in their real order, day by day, and shows the exact day you would have passed, broken a limit, or what was still missing. It is a simplified illustration, not a prediction: real trades don't win or lose exactly the planned amount.

How does the 40% consistency rule work?

Your best positive trading day must be no more than 40% of your total net profit for the phase. It is not a loss breach: if one day is too large, you keep trading until total profit grows enough. Example: with $2,000 total profit, the best day can be at most $800.

How many trading days do I need?

At least 3 trading days per phase on 1-phase, and 5 trading days per phase on 2- and 3-phase programs. Over a full 3-phase evaluation that is at least 15 trading days.

Payouts

How quickly can I get paid?

Eligible users can submit a payout request from the dashboard. Available methods and estimated processing times are shown during the request and may depend on verification and the payment provider.

What profit split do funded traders keep?

Between 75% and 90% of net profit, depending on the account size and the program you passed. The split recorded with your purchase always applies.

What do I need before requesting a payout?

At least 5 trading days since your last payout, no active rule violations, all positions closed, identity verification (KYC) completed, and a payout of at least $50. Every request is reviewed before it is approved.

When can I request a payout?

Requests open twice a month: from the 1st to the 3rd (paid around the 5th to the 7th) and from the 16th to the 18th (paid around the 20th to the 22nd). Dates outside these windows wait for the next one.

Account & purchases

How much could getting funded cost me in fees?

It depends on how often your plan would pass, because a breached attempt needs a new fee. Run the pass simulator on the Rules page with "All phases" chosen: under the results, "What getting funded could cost" turns the pass rate into the average number of attempts, the fees paid on average, your chance of being funded within 1, 2, 3 or 5 attempts, and the funded profit your share would need to earn those fees back. Example arithmetic: if a $25,000 two-phase plan passed 1 attempt in 4, that is 4 attempts on average, $796 in fees at $199 each, and about $995 of funded profit at the 80% split to earn it back. It assumes today's published fee for every attempt and no refund or discount.

Is the fee refundable?

Fee-refund eligibility depends on the selected plan and the terms displayed at purchase. Check your order details for the rule that applies to you.

Do I need to verify my identity?

Yes, before a payout. Verification may ask for a government ID, proof of address and a selfie check, depending on the payment partner and applicable law.

How can someone check that my certificate is real?

Every certificate has a public ID (FYNX-CERT-… or FYNX-LEARN-…) and a verification link. Anyone can enter the ID on the certificate verification page to see whether it is valid and still active. Revoked certificates show as not verified.

Is the account balance real money?

No. Evaluation and funded-stage trading take place in simulated environments. Account sizes and balances are virtual; they are not deposits or withdrawable capital. Any eligible reward is governed by your program agreement.

Can I open more than one account?

Operating more than one account per person is not allowed unless it has been authorized in writing.

Glossary

40 trading and evaluation terms in plain words. FYNX Funded figures come from the published new-account schedule; examples are simple arithmetic, not market prices.

40 terms

Account size
The virtual starting balance of an evaluation account. Every profit target and loss limit is a percentage of it, and each phase starts again from the full account size. It is simulated, not a deposit.
Compare account sizes
Balance
Your account value counting only closed trades. It changes when a trade is closed, not while it is open.
Breach
Breaking a hard rule, such as equity falling below the daily or maximum loss floor. The account may then be marked breached. Touching a floor exactly is allowed; going below it is not.
What happens after a breach
Break-even win rate
The win rate at which a plan neither makes nor loses money before charges: 1 Γ· (1 + reward). At 1:1 it is 50%, at 1:2 about 33.3%, at 1:3 25%. Spread and commission push it higher.
See it for your plan
Certificate
A record of a passed evaluation or completed learning, with a public ID (FYNX-CERT-… or FYNX-LEARN-…) anyone can check on the verification page.
Verify a certificate
Challenge fee
The one-time price of an evaluation attempt, set by account size and program. Your share of funded profit has to exceed the fees you paid before you are ahead; fee-refund eligibility depends on the terms shown at purchase.
See what getting funded could cost
Commission
A fee charged per lot traded. A round-turn figure covers opening and closing the trade. FYNX Funded charges are pending broker verification; the calculators let you type your own.
Consistency rule
Your best positive trading day may be at most 40% of your total net profit for the phase. It is not a loss breach: if one day is too large, you keep trading until total profit catches up. Example: with $2,000 total profit, the best day can be at most $800.
Check your consistency
Daily loss limit
The most your equity may fall in one trading day: 4% on 1-phase and 5% on 2- and 3-phase, measured from the balance at the 22:00 UTC reset. Example: a 5% limit on a $25,000 reset balance gives a floor of $23,750.
Calculate today's floor
Daily reset
The moment a new trading day starts: 22:00 UTC every day, all year, with no daylight-saving change. The daily loss floor is recalculated from your balance at that moment.
See the reset in your time
Drawdown
How far an account has fallen from a previous high, in dollars or percent. Prop firms use it for loss limits; at FYNX Funded the maximum loss is measured from the phase's starting balance, not from your highest point.
Equity
Your balance plus the profit or loss of trades that are still open. The loss limits are checked against equity, so an open losing trade can breach a limit before it is closed.
Evaluation (challenge)
The test stage of a program, traded on a simulated account. You pass by reaching each phase's profit target within the rules.
See how it works
Expectancy
The average result of one closed trade: net profit or loss divided by the number of trades. $300 net over 20 trades is +$15 a trade. It describes the past record, not a promise about the next trade.
Funded stage
The stage after passing every phase, where eligible rewards can be requested under your program agreement. It is also traded in a simulated environment.
KYC (identity verification)
Checks that confirm who you are before a payout, such as a government ID, proof of address and a selfie check, depending on the payment partner and applicable law.
Read the AML/KYC policy
Leverage
Trading a position larger than the money set aside for it (the margin). It magnifies both gains and losses. No production leverage is approved yet for FYNX Funded accounts.
Long and short
Going long (a Buy) profits if the price rises; going short (a Sell) profits if it falls. Comparing your long and short results shows whether one direction is doing better for you.
Lot
The unit for trade size in forex. One standard lot is 100,000 units of the base currency, 0.10 is a mini lot and 0.01 a micro lot. Check your platform's contract details, as they can differ by instrument.
Work out a lot size
Maximum loss limit
The fixed floor your equity may never go below during a phase: 8% below the starting balance on 1-phase, 10% on 2-phase and 12% on 3-phase. Profits do not raise it.
See your floor in dollars
Minimum trading days
The fewest separate trading days you must trade in each phase before it can be passed: 3 on 1-phase and 5 on 2- and 3-phase. There is no maximum time limit.
Payoff ratio
Your average winning trade divided by your average losing trade. It is the real-world version of the risk-reward ratio, shown in your dashboard Analytics.
Payout window
The dates when payout requests open: the 1st–3rd and the 16th–18th of each month. The minimum payout is $50, and every request is reviewed.
Find the next window
Phase
One step of an evaluation. Programs have 1, 2 or 3 phases; each has its own profit target and its own minimum trading days, and every phase starts again from the full account size.
Compare 1, 2 and 3 phases
Pip
The usual smallest price step quoted in forex: 0.0001 for most pairs and 0.01 for pairs priced in Japanese yen. For a USD-quoted pair such as EUR/USD, one pip on one standard lot is $10.
Pip value
How many dollars one pip is worth for a given trade size. Multiplying it by your stop distance in pips tells you what a trade loses if the stop is hit.
Open the position size calculator
Profit factor
Everything your winning trades made divided by everything your losing trades lost. Above 1 the record made money, below 1 it lost money. $1,500 won and $1,000 lost is a profit factor of 1.5. With no losing trades yet it cannot be worked out.
Profit split
The share of net profit a funded trader keeps: between 75% and 90%, depending on account size and program. The split recorded with your purchase applies.
Estimate a payout
Profit target
The profit needed to complete a phase, as a percentage of the account size. Example: a $25,000 2-phase account needs $2,000 in phase 1, a balance of $27,000.
Work out your targets
Risk per trade
How much you would lose if a trade hits its stop, in dollars or as a percent of the account. Keeping it small leaves room for losing streaks under the daily and maximum loss limits.
Plan your risk
Risk-reward ratio
The planned profit of a trade compared with its planned loss. Risking $100 to make $200 is 1:2. Results are often counted in R: a 1:2 winner is +2R and a full loss is βˆ’1R.
Simulated account
An account traded with virtual money on real-style market conditions. Evaluation and funded-stage accounts at FYNX Funded are simulated; balances are not deposits or withdrawable capital.
Read the risk disclosure
Slippage
The difference between the price you asked for and the price you got. It happens in fast or thin markets and can make a loss bigger than planned.
Spread
The gap between the buy (ask) and sell (bid) price. Every trade starts slightly negative by this amount. Spreads widen around news and when markets are quiet.
Static vs trailing drawdown
A trailing limit follows your highest balance up, so profits raise the floor. A static limit stays fixed. The FYNX Funded maximum loss is static: on a $25,000 2-phase account the floor stays at $22,500 however much profit you make.
How the maximum loss works
Stop loss
An order that closes a trade automatically at a chosen price to cap the loss. In fast markets the fill can be worse than the stop price (see slippage).
Take profit
An order that closes a trade automatically once it reaches a chosen profit.
Trading day
A day running from 22:00 UTC to 22:00 UTC the next day. Minimum trading days and the daily loss limit use these days, not calendar dates.
Trading sessions
The forex day is busiest when major financial centres are open. In your trade journal, trades opened 00:00–08:00 UTC are labelled Asia, 08:00–13:00 London and 13:00–24:00 New York.
See the sessions in your time
Win rate
The share of closed trades that made money. On its own it says little: a low win rate can still be profitable with large winners, and a high one can lose money with large losers.

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