Hello everyone, My name is David Dombrowsky, CEO of FX2 Funding. As we are relatively new on the block, allow me a moment to introduce you to the prop firm that puts Traders First. We launched FX2 this January with the focused intention of creating a prop firm that provides the ultimate experience for traders. We spent months in our pre-launch stage speaking to dozens of retail traders, trading coaches, and industry veterans. We deeply wanted to able to service the market with a novel "value-adding" service to help traders grow their wealth. To that extent, we created the industry's simplest funding trading program evaluation. It is 1-stage, has no time limits, allows you to hold weekend positions, and trade the news. This is to make sure that you can focus on trading your unique style at your peak performance. We are US based, use trusted Australian broker 8Cap, and have a customer success team on staff 24/7 to answer any and all of your questions. Full specs below: 1️⃣ 1-stage evaluation High-profit split Proven track record of profitable traders No stop loss requirements Weekend positions allowed 24/7 support Access to proprietary trading software No time limit evaluation Flexible withdrawal options Access to a global trading community Safe and secure account management Looking forward to sharing many successes together,
Your broker although Australian regulated is Market Maker model is it not? meaning if many of your trader's win real money the broker is not going to be happy since such a broker is not a broker of a centralized exchange. Also if a OTC broker in AUS goes belly up the trader accounts are general unsecured creditors...! how many people are aware of this? as per Australian law only Equity holding in a chess sponsored format are protected by AFG .
If its "Traders First" then you (as well as FTMO and others) should offer daily on demand payouts of profits to traders. That goes a long way to alleviate concerns about ability to pay because traders who generate profits can withdraw them daily. If there is any problem with ability of the funding firm to pay the trader will know immediately if they do not receive the profit share the following day (or same day). Also it makes for a better model for traders as they can generate daily income and such a payout model would also prove that the funding firm's business model is actually set up to remain profitable earning a % of trader profits and does not "count" on the model that most traders with funded accounts will blow their accounts in between the common 14 day or 30 day payout periods that most firms use. A better model is fixed recurring funding below the zero line (meaning fixed hard line daily loss limit and total loss limit drawdowns--not any sort of trailing drawdown) whereby if a trader withdraws all profits down to zero on any given day they still have the same full funding the next trading day.