Fundex

On-chain payouts

Firm-wide rules

These are the rules the firm publishes for all its accounts. Where a specific model says otherwise, the model wins, and it appears below with its own source.

Where Fundex contradicts itself

Two pages of this firm say different things about the same rule. We do not pick one: both readings are below, as the census recorded them. 46 of the 102 firms have at least one.

• firma

  this firm does not have a missing-data problem: it has a problem of data that contradicts itself across their own official pages. Both versions of each are recorded with their quote and their URL. Neither is chosen

  Profit Split 70%

  you keep 70% of all eligible profits

  There is no fixed share, ratio or split between ATS and any Trader. The Trader has no proprietary, beneficial or contractual interest in any profit ... Any amount released to a Trader is a discretionary bonus determined by ATS in its sole discretion

  The bonus is a wholly discretionary reward, is not earned, accrued, owed or guaranteed in any form

  ATS reserves the unfettered right to delay, reduce, withhold, reclaim or refuse any bonus in any circumstances it considers appropriate

  two sales pages advertise 70%; the Terms say that no split exists and that whatever was paid can be clawed back

  The use of Expert Advisors and other automated trading systems is permitted, provided that the underlying strategy is your own

  Fully automated trading bots, arbitrage systems, HFT bots, grid or martingale bots ... are prohibited. ATS may request EA files at any time; refusal is treated as a violation

  it is the contradiction that matters most for the book. The help centre says yes and the Terms say no, about the same thing. And it is the Terms that you sign

  Daily Drawdown: No rule

  The daily loss limit is set at 5% of your account balance and applies across both Phase 1 and Phase 2

  Maximum daily loss is measured from start-of-day simulated equity at server reset

  the home page says there is no daily limit; the other two pages say there is, at 5%

  Full fee refund on pass

  all payments are final and non-refundable

  It is paid every month, whether you are profitable, at a loss, or flat ... not tied to performance

  tied to clear standards of performance, disciplined risk management, and consistency over time

  regardless of whether your trading results are positive, negative, or flat, PROVIDED the minimum monthly trading volume requirement has been met

  it can be paused, reduced, withheld, CLAWED BACK or permanently discontinued at their discretion

  four pages, four versions. The help-centre one is the only one that sets a concrete condition -volume- and it is a hard one

  they reserve the right to modify any Service, feature, or pricing at any time without notice

  several Terms point to 'the threshold then-published on the ATS website' without fixing the number

• rules_firmwide.ejecucion_a_book_b_book

  their consistency article justifies having no best-day rule like this: 'Fundex operates on an A-Book execution model, meaning funded traders are mirrored in live markets. We have no incentive to see traders fail'. But by their own articles, the A-Book is only active while you are in the green

• challenges[].daily_loss

  the home page advertises 'Daily Drawdown: No rule'

The account model

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Questions about Fundex

The 16 sources

Each one is an official page of this firm that we opened, dated. Figures shown above as “no source link” come from a field our census records without one.