What are the key execution-related trading conditions at SFX Funded, including spreads, commissions, and slippage?
💡 Answer
SFX Funded advertises raw spreads from 0.0 pips across all asset classes, sourced from what it describes as its own in-house liquidity provider, with the per-lot commission carrying the cost instead of a spread markup.
Because pricing is provided in-house rather than by a named external broker, spreads cannot be benchmarked against a public retail feed. Live spreads will vary with instrument, session liquidity and volatility — verify them inside the platform during the sessions you actually trade before committing to a strategy that depends on tight pricing, particularly on indices and crypto.
SFX Funded executes in simulated live-market conditions where slippage can be positive or negative, and is most likely around high-impact news, rollover and market gaps. Traders carry the execution risk and are expected to leave buffer against the daily and trailing loss limits.
Strategies built on exploiting execution or pricing behaviour are explicitly prohibited and treated as breaches rather than as bad luck — this includes latency arbitrage, market rollover scalping EAs that target the rollover price feed, news-scalping EAs, and any strategy that profits from a platform glitch, a price-display error or a feed delay. SFX asks that such errors be reported rather than traded.
Order layering — splitting one trade idea into many small orders to work around slippage or risk controls — is also treated as abusive; SFX indicates that more than four layered orders on the same idea generally crosses the line.
Commissions
SFX Funded charges a per-lot commission on top of raw spreads:
- Forex & Commodities: $4 per lot
- Indices: $0.40 per lot
- Crypto: no commission
$4/lot round-turn on FX is mid-market for a raw-spread prop account — cheaper than firms charging $6–$7, more expensive than the commission-free "standard" account types some competitors offer alongside a wider spread. The $0.40/lot index commission is genuinely low.
There is no swap-free option, so overnight financing is an additional real cost on multi-day positions. Commissions and swaps are deducted from equity and therefore count towards your daily and maximum loss limits — on a 3% or 4% trailing model, a high-frequency lot-heavy approach burns through headroom on costs alone.
Live spread data, commission schedules, and execution statistics are published on SFX Funded official website.
More FAQs about SFX Funded
- How does SFX Funded handle different trading styles such as automated trading, news trading, and copy trading?
- How are payments processed at SFX Funded, and what is the refund policy?
- How are trader payouts structured at SFX Funded, including payout frequency and payment methods?
- What is the top profit split rate at SFX Funded for funded traders?
- What markets does SFX Funded allow traders to trade across?
- Can you explain the leverage limits at SFX Funded for forex, indices, metals, and cryptocurrency trading?
- What trading platforms can traders access at SFX Funded, and which broker is used for order execution?
- How does SFX Funded regulate trading behavior, including restricted strategies, martingale rules, and lot size limits?
- What drawdown method is enforced by SFX Funded?
- Are there specific consistency or percentage-based rules at SFX Funded?
- Does SFX Funded offer different program or evaluation models?
- Can you explain the challenge model used by SFX Funded?
- What is the maximum account funding at SFX Funded, and can traders benefit from a scaling plan?
- How many Trustpilot reviews does SFX Funded have, and what is its rating?
- How do the program types at SFX Funded break down?
- What restrictions apply to traders at SFX Funded when it comes to account count, account merging, and lot size limits?
- How does SFX Funded handle KYC requirements and verification timing?
- Are there any geographic restrictions at SFX Funded?
Guides Where SFX Funded Is Featured
- Prop Firms Offering Crypto Leverage of 1:1 or Higher
- Prop Firms Offering FX Leverage of 1:30 or Higher
- Prop Firms Offering Indices Trading
- Prop Firms Offering Maximum Profit Split of 90% or Higher
- Prop Firms Offering Metals Leverage of 1:10 or Higher
- Prop Firms Offering More Than $100k in Funding
- Prop Firms Offering Profit Split Starting at 60% or Higher
- Prop Firms With At Least 3 Years in Operation
- Prop Firms With Match-Trader Platform
- Top Prop Firms That Accept Clients From Cambodia
These guides include SFX Funded alongside other prop firms, grouped by trading features, platforms, availability, and trader requirements.
SFX Funded vs Seacrest Markets vs Eightcap Challenges - Prop Firm Comparison (August 2026)
Side-by-side comparison of SFX Funded vs Seacrest Markets vs Eightcap Challenges. Quickly scan maximum funding, profit splits, risk rules, leverage, platforms, instruments, payout schedules, payment options, trading permissions and KYC restrictions to narrow down your prop trading firm shortlist. Data updated August 2026.
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SFX Funded
SFX Funded is a Dubai-based prop firm (SFX International FZCO) trading since 2023, with six routes to capital — Rapid 1-Step, 1-Step Pro, Ascend 2-Step, Ignite, Instant Funding and a $7 Pass First, Pay Later model — on Match-Trader and...
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Seacrest Markets
Seacrest Markets (formerly MyFundedFX) is a broker-backed prop evaluation program offering MT5 and Match-Trader simulated challenges with no time limits, up to $400,000 total simulated value across active accounts, 80% profit split on Live Sim accounts (with VIP tiers up...
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Eightcap Challenges
Eightcap Challenges is a broker-backed simulated trading program operated by Eightcap International Ltd (Seychelles) that offers One Phase and Two Phase CFD challenges on mt4, mt5 and tradelocker with balance-based drawdown limits, a 14-day payout cycle, and 80% profit splits...
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| Overview | |||
| Trustpilot Rating | 0 | 3.3 | 0 |
| Trustpilot Reviews | 0 | 1 | 0 |
| Headquarters | United Arab Emirates | South Africa | Seychelles |
| Age (Years) | 3 | N/A | 1 |
| Max Funding | $500,000 | $400,000 | $600,000 |
| Profit Split Start | 80% | 80% | 80% |
| Profit Split Max | 100% | 92.75% | 90% |
| Platforms | Match-Trader Platform5 | mt5 match-trader | mt4 mt5 tradelocker |
| Assets | Forex Indices Commodities Metals Crypto | FX Metals Indices Energy & Commodities Crypto | FX Commodities Indices Crypto US Stocks (Day Trader only) |
| Leverage | |||
| FX Leverage | 30 | 30 | 100 |
| Metals Leverage | 10 | 10 | 20 |
| Crypto Leverage | 2 | 2 | 3 |
| Risk & Drawdown Rules | |||
| Max Daily Loss | Maximum Daily Loss The daily loss limit varies by program: 3% on Rapid, Instant Funding and Pass First Pay Later, 4% on Ascend 2-Step, and none at all during the 1-Step Pro evaluation phase. How it is calculated: at the daily reset SFX takes the higher of your account balance or your account equity and subtracts the percentage to set that day's floor. Because the higher of the two is used, an account sitting in floating profit gets a higher... | Maximum Daily LossDaily loss limits depend on plan: 4% (1-Step), 5% (2-Step), 4% (3-Step). | Maximum Daily DrawdownEightcap Challenges applies a balance-based daily drawdown rule calculated from the previous day’s account balance snapshot (Previous Day Balance × Limit%). Your account’s intraday equity loss must not exceed this daily limit.One Phase: 4% daily drawdown (Assessment and Payout Stages).Two Phase: 5% daily drawdown (Assessment, Qualification and Payout Stages).Day Trader: No daily drawdown; risk is managed via fixed maximum drawdown thresholds tied to the selected timeframe and multiplier. |
| Max Total Loss | Maximum Overall Loss SFX Funded's overall loss limit tops out at 8% on the Ascend 2-Step and tightens to as little as 4% on Rapid. The headline percentage is the less important half of the answer, because only one SFX program uses a static limit: Ascend 2-Step: 8% static, measured from the initial account balance Pass First, Pay Later: 7% trailing in evaluation, 6% trailing once funded 1-Step Pro: 6% trailing Instant Funding: 6% trailing Rapid 1-Step: 4% trailing Why... | Maximum Overall Loss6% trailing (1-Step), 8% static (2-Step / 3-Step). | Maximum DrawdownOverall drawdown is enforced as a fixed percentage of the initial balance for standard challenges and as fixed-dollar thresholds for Day Trader Challenges.One Phase: 8% maximum drawdown (Assessment and Payout Stages).Two Phase: 10% maximum drawdown (Assessment, Qualification and Payout Stages).Day Trader: Maximum drawdown is defined in dollars and varies by timeframe and multiplier (DT-1/DT-2/DT-4/DT-8 with 2x/5x/10x options). |
| Drawdown Type | Drawdown Model Mixed — and this is the most consequential difference between SFX programs. Trailing (most programs): Rapid (4%), 1-Step Pro (6%), Instant Funding (6%) and Pass First Pay Later (7% eval / 6% funded) all use a trailing maximum drawdown anchored to your highest-ever account value. In SFX's own words the level "moves up whenever your account reaches a new high" and "never moves down, even if your account value decreases later." Static (one program): Ascend 2-Step uses an... | Equity-based (Trailing on 1-Step; Static on 2-Step/3-Step) | Balance-based (Daily from previous-day balance; Max fixed from initial balance) |
| Payouts | |||
| Payout Frequency | Payout Frequency SFX Funded runs a Payout on Demand model on its Ignite, Ascend and Rapid funded accounts. The first request can be made 3 trading days after your first trade, provided you have made at least 3% profit on the account size and your SFX Stability Index is inside your program's threshold. That first withdrawal is processed at a reduced 40% split; the standard 80%+ split applies from the second payout onward. After the first payout, requests are accepted... | Payouts every 14 days (VIP tiers faster). | Payout FrequencyOne Phase & Two Phase: Standard payout eligibility begins 14 days into the Payout Stage (or 7 days with the earlier-payout add-on), provided all payout-stage requirements and KYC are satisfied.Day Trader Challenges: Payout eligibility is immediate upon successful completion of the time-limited challenge. |
| Days to First Payout | 3 | 14 | 14 |
| Payout Processing Time | Payout Processing SFX Funded states that withdrawal requests submitted through the dashboard are processed within 2 business days, and markets an average payout time of under 8 hours. It backs this with a Payout Guarantee: paid within 48 hours of risk-team approval, or SFX pays you $1,000. The 48-hour clock runs on business days only (Mon–Fri, Dubai time, 09:00–17:00, excluding UAE public holidays) and pauses over weekends, and it starts at approval rather than at submission — so the risk... | Processing 12–72 hours. | Payout ProcessingPayout requests are reviewed by the risk team for rules compliance and KYC (if required). Approved payouts are typically processed within 24–48 hours of an eligible request, but may take longer if additional review is required. |
| Payout Methods | Bank Transfer Cryptocurrency (USDT TRC20) | Crypto RiseWorks | Crypto International Bank Transfer |
| Payments | |||
| Payment Methods | Credit/Debit Card Cryptocurrency Bank Transfer Mobile Money | Credit/Debit Card Crypto Apple Pay | Credit/Debit Card (Visa Mastercard) Crypto (USDT TRC20 USDT ERC20 BTC) |
| Trading Permissions | |||
| News Trading | Evaluation phases: news trading is allowed, on every program. SFX only warns about the volatility risk. Funded accounts: news trading is restricted. A 4-minute blackout window applies around every red-folder event on the Forex Factory calendar — from 2 minutes before to 2 minutes after the release. Inside that window SFX blocks market-order execution, pending limit-order activation, and stop-loss/take-profit triggers. Red-folder events marked "All Day" are exempt because they have no fixed release time. Penalties escalate and differ by program:... | News trading restricted on Live Sim (±3 minutes). | Trading during major news events is restricted: you cannot place trades within 10 minutes before or after high-impact events (per FXStreet). Trading inside the window is treated as a soft breach that triggers a warning and removal of any profits made from those trades. |
| Weekend Trades | Weekend crypto trading is allowed on all account types. SFX Funded is unambiguous on this: "you can trade crypto during the weekend with SFX Funded. This applies to all account types." Positions may be held open over the weekend and new positions may be opened. This is a genuine advantage over firms such as FTMO, which require Normal-account positions to be closed before the weekend break. Note two practical caveats: crypto leverage at SFX is only 1:2, and there are no swap-free accounts, so weekend and overnight financing costs apply and count against your loss limits. | Weekend trading allowed. | Weekend trading is allowed. The platform supports 24/7 trading, including the ability to manage positions over the weekend. |
| Copy Trading | Copy trading is not allowed at SFX Funded, in any form. The rule is one of the strictest in the industry: "the use of Copy Trading Software is not permitted." The ban covers automatic or manual copying of trades or strategies from other traders or signal providers, and applies to every account combination — evaluation to evaluation, funded to funded, funded to evaluation. Running identical trades simultaneously across your own multiple accounts is also caught by the rule, as is... | Copy trading allowed for own strategies only. | Copy trading or mirroring another person’s trades is prohibited and may result in profit removal or account termination. Copying between your own accounts is allowed only if all accounts are registered under the same email address. |
| EA Allowed | EAs are allowed only under unusually restrictive conditions — this is one of the strictest EA policies among mainstream prop firms. Permitted: EAs you developed yourself and own the source code to Trade managers and risk managers Calculators and utility tools Prohibited: Any third-party EA. "Using any other third-party Expert Advisor is not allowed." Any EA where you do not own the source code — and SFX requires you to hand over a copy of the source code for verification... | EAs allowed on MT5 only. | Expert Advisors (EAs) and indicators are permitted, but prohibited strategy types (including martingale, grid, tick trading, arbitrage variants, gap trading and account management) are monitored and can trigger violations—especially during the Payout Stage. |
| KYC & Restrictions | |||
| KYC Required | No | Yes | No |
| KYC Stage | KYC is mandatory and is handled by Veriff, a third-party verification provider. SFX states that "all traders must submit and pass to gain full access to their funded account or become eligible to receive payouts." When it is triggered: On passing an evaluation — Rapid, 1-Step Pro, Ascend and Ignite traders complete KYC after the risk-team review and before the funded account is released. Before the first payout — Instant Funding traders, who skip the evaluation, verify before their first... | KYC required at Live Sim stage. | Australia, Saint Lucia, Afghanistan, Central African Republic, Cuba, Democratic People’s Republic of Korea (North Korea), Democratic Republic of the Congo, Guinea-Bissau, Iran, Iraq, Lebanon, Myanmar, Russia (and Crimea, Donetsk, Luhansk and Sevastopol regions of Ukraine), Somalia, Sudan, South Sudan, Syria, Yemen, Zimbabwe, Libya |
| Restricted Countries | Cuba Iran North Korea Syria | Cuba Iran Lebanon Syria North Korea Libya Russia Sudan Somalia South Sudan Vietnam United Arab Emirates Hong Kong Belarus Myanmar Central African Republic Democratic Republic of Congo Congo Ethiopia Nicaragua Venezuela Yemen Philippines Kenya Algeria Morocco United States | Australia Libya Lebanon Pakistan Russia Somalia South Sudan Sudan United States Zimbabwe Afghanistan Central African Republic Cuba Democratic Republic of the Congo Guinea-Bissau Iran Iraq Myanmar North Korea Syria Yemen |
SFX Funded
Eightcap Challenges