ETX Management Group LLC, DBA ETX Funding, is a Delaware-based entity established in 2023 that assesses traders through simulated evaluations in chosen markets using demo accounts. These evaluations are then shared with an affiliated Trading Evaluation Firm. Traders who meet the qualifications are compensated for the data they share, with the amount based on any net gains they make from their demo trading. This approach forms the foundation of our business, allowing us to deliver a service and product we believe to be exceptional.

ETX Funding is committed to upholding values of honesty, transparency, and supporting the trader community. Unlike many in this industry, we are trader development focused , and genuinely want to help position traders to succeed. We deeply value our responsibility towards this community. Given our stringent compliance measures and dedicated efforts, we are confident in the integrity of our legal framework and the sustainability of our overall approach. That is what we lead with.
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With our pioneering approach to branding and the unparalleled experiences we offer, we are set to revolutionize the industry. Our commitment to innovation is unmatched, and our focus on community centered improvements, ensures our platform enriches traders' lives.

ETX Management Group LLC, DBA ETX Funding, based on Delaware law, offers evaluation services to its clientele. It gives its Customers the chance to practice trading in chosen markets using demo accounts strictly for assessment reasons. It should be noted that ETX Management Group LLC, DBA ETX Funding is neither a broker nor a financial institution and hence is not registered with any U.S. regulatory agency.

ETX Management Group LLC, DBA ETX Funding, is organized under Delaware law and functions as a trading evaluation organization. ETX Funding gives Customers the chance to have their trading skills assessed in chosen markets using demo accounts for simulation. It's important to note that ETX Management Group LLC, DBA ETX Funding, is neither a broker nor a financial institution, and as a result, it is not registered with any U.S. regulatory authority.

ETX Funding provides Customers the chance to get their trading skills assessed in specific markets using simulated demo accounts. It's important to note that ETX Funding is neither a broker nor a financial institution. Consequently, ETX Funding does not hold any Customer funds for investment purposes or otherwise, nor does it allow Customers to trade with their personal funds.

Payments to Customers who achieve a net gain through simulated trading, while adhering to the terms set by our associated trading partner, are overseen by our Finance & Risk Management teams. These teams specialize in predicting liquidity needs, including those for performance rewards. The affiliated firm consistently evaluates and strives to ensure it is ready for any anticipated financial commitments.

ETX Management Group, DBA ETX Funding, established according to Delaware legislation, functions as a trading evaluation organization. It provides Customers the chance to get their trading skills appraised in specific markets using simulated demo accounts. Not being a broker or financial entity, it hasn't registered with any U.S. regulatory agency.

ETX Funding gives Customers the chance to have their trading assessed in particular markets using simulated demo accounts. It's important to note that ETX Funding is neither a broker nor a financial institution. Instead, we collaborate with external brokers to supply our Customers with pricing and data for our evaluation purposes. Consequently, we've not contemplated establishing a brokerage firm.

We collaborate with third-party brokers who are overseen by multiple regulatory agencies outside of the U.S. Ensuring our partners were regulated was a crucial factor in our selection process.

First and foremost, it's essential to recognize that ETX Funding operates primarily as a trading evaluation platform. We offer our Customers the chance to assess their trading in select markets using simulated demo accounts, distinguishing us from brokers or financial institutions. Our approach is forward-thinking: we keep a close eye on industry developments, pinpoint emerging trends, ensure full compliance, and adapt as quickly as the sector does.

Our core values are built on our leaders' strong integrity. They always aim to meet the highest standards and do right by our customers, partners, and community. This honesty, along with our active approach, is key to building lasting trust.

We're enthusiastic about our journey alongside the ever-changing industry landscape. Upholding regulatory standards, maintaining ethical practices, and pioneering innovative solutions are central to our mission. We deeply appreciate your collaboration and believe these strategies will solidify the longevity of our services. If you require further clarification or have concerns, please contact our customer support. We're dedicated to offering guidance and delivering the insights you seek. Thank you for placing your trust in us!

ETX Funding provides a rewarding Affiliate Sales program in the trading evaluation field. This initiative offers an excellent opportunity for individuals looking to share the benefits of trading robust account sizes with their network, while also earning a notable commission. One of many advantages of partnering with ETX Funding. You can secure up to a 15% commission for every account purchased using your referral link. Get on board and begin reaping the benefits today! Click here to join our Affiliate Team.

We process performance rewards Monday – Friday 9AM - 5PM Eastern Time.

Please note:

If you request a withdrawal over the weekend it will be processed on the next business day, which is Monday. If you request a withdrawal after 5PM Eastern Time (Monday – Thursday) it will get processed the following Business day.

You are only allowed to have a maximum of $600,000 in active simulated accounts, which includes challenges and live simulated accounts.

Example: If you have a $200,000 simulated challenge account active in Phase 1, a $200,000 simulated challenge account active in phase 2, and an active $300,000 live simulated account, this would violate the max simulated capital rule.

Please refer to our spreadsheet, which details all the limits. These limits are subject to change based on account size and leverage and are set by the broker, not ETX Funding. Note that the maximum lot size is provided for reference only and is not a recommendation; using the maximum lot size may conflict with our risk management policies. Click Here

The ETX Funding Affiliate Dashboard is your one-stop solution for overseeing your affiliate activities. With the dashboard, you get access to instant updates regarding your sales, balances, and payment details.

Furthermore, promoting ETX Funding becomes seamless, as you can easily share your affiliate link and even post directly to social media from the dashboard itself. Dive in today and experience the convenience of our intuitive Affiliate Dashboard!

As an affiliate, payouts are processed every 30 days from the previous payout date. To qualify for a payout, you must have a minimum of $50 in your payout balance. Only referrals aged 30 days or more qualify for withdrawal. Start referring now to earn your commissions!

Affiliates have the option for Rise or Cryptocurrency (Recommended for Non U.S. Citizens)

Partner with ETX Funding and tap into one of the highest commission structures in the prop trading industry's affiliate landscape. Our program is tailor-made for content creators, educators, and trading group leaders. When you introduce traders to ETX Funding, you stand to gain an impressive 15% commission at our highest tier on their introductory sign up fee. Join us today and kickstart your earnings!

While trading a Simulated Funded Account with our firm, you operate as an independent contractor. Consequently, any taxes arising from your gains share fall under your responsibility. We highly recommended to consult with your tax accountant regarding laws about trading in your local area.

No refunds will be offered after the first trade is placed on the purchased account. refer to full refund policy

After buying an Evaluation, you'll gain access to a trader dashboard, enabling you to track both your Evaluation and Funded accounts. The dashboard refreshes its data approximately every 60 seconds or whenever trades are initiated or concluded. Ensure you diligently monitor your breach levels, as this responsibility lies with you.

Individuals from all countries are welcome to participate in our program, with the exception of Cuba, Iran, North Korea, Russia, Syria, Pakistan, Sudan, Somalia, Lebanon, Libya and Vietnam.

Account must not be a simulated funded account. If the account has never been traded on, we can issue a new account under New Trading Platform. Otherwise, the account is not eligible for the switch.

Yes, all rules for the Evaluations do apply for Simulated Funded Accounts. Please make sure you understand all the rules before purchasing an Evaluation or Funded Account.

Simulated Funded trading is the final stage in the Campaign, Evaluation and/or Instant funded program where traders can participate in trading, providing data in return for a share of the gains generated on said account.

To qualify for a funded trading account, you need to pass our trading evaluation process, which typically involves demonstrating consistent gains and risk management skills over a certain period. We also provide an instant funded option for traders who want instant access to the market. We recommend being an experienced and proven trader if you choose the instant funded program.

We evaluate traders based on various metrics, including implied profitability, risk management, drawdowns, and consistency over time.

The amount of gains you can make depends on your trading skills and the market conditions. We offer different types of funding, each with different gains share percentages.

The approach to news trading varies based on account type and evaluation phase.

Although news trading is not restricted on challenge phase 1 and phase 2, we do have a restriction on News trading in simulated funded accounts. Please review the full breakdown here: News Trading

Disclaimer: We do not recommend engaging in news trading activities, as it could expose your account to significant risk. If we detect any misuse or a pattern of exclusively trading on news, we reserve the right to suspend your account, as such behavior violates our terms of use and reflects our firm's commitment to compensating traders in exchange for trading data.

We allow a wide range of trading strategies, including scalping, swing trading, and position trading, as long as they meet our risk management guidelines.

We provide comprehensive support to our traders, including access to our community chatroom that may include trading education materials, mentorship, and ongoing coaching from other experienced traders. ETX Coaching Hub will be a game-changer in the Prop Trading industry.

It should be noted that ETX Management Group LLC, DBA ETX Funding is neither a broker nor a financial institution and hence is not registered with any U.S. regulatory agency. We comply with all applicable laws and regulations. We also have strict internal controls and risk management procedures in place.

Yes, you can request gains from your trading account, subject to certain conditions and limits. We also offer various withdrawal options, including Rise for Bank Transfers, Cryptocurrency Payments.

Even though we highly advise trading with a stop loss, it is not mandatory to have one.

Any market participant (i.e., Banks or individuals) who carry out exchange of foreign currencies for gains are forex traders.

Foreign exchange trading is where the market participants do exchanges of foreign currencies for gains. For example, GBP/USD is a currency pair for trading the British Pound against the U.S. dollar. The British pound will be bought in anticipation of the U.S. dollar weakening against the British Pound for gains.

Trading platforms offered are DXtrade for both U.S. and Non U.S. traders. Ctrader for Non U.S. traders only.

Up to 15% on every order your referral has made. No affiliate commission is paid out to account resets. If you have a big social media following, email us at [email protected] to discuss a specialized affiliate deal for your audience.

For payment, we accept debit cards, credit cards, and cryptocurrencies.

ETX is backed by individuals with integrity and great leadership. Our goal from inception was to start ETX Funding to ensure all our clients are treated fairly and to provide the best trading experience from sign up to trading to performance reward.

Yes, we only partner with regulated brokers.

If you're taking any of our Evaluation Programs, we highly recommend having experience trading in order to understand risk management.

Simply choose our evaluation program and complete the checkout process. Once you receive your trading credentials via email, you can login and begin trading if the market is open.

Yes, however, you will need to provide additional documents such as the following:

You can Request your performance reward via:

Know Your Customer or KYC, is a regulatory requirement to verify a trader's identity to be completed to receive the Funded Account after successfully finishing the Evaluation Process. This is required after passing Phase 2 of your Multi Campaign or Phase 1 of your Solo Campaign.

A trader qualifies for a performance reward and Bonus only if they have made:

Account Rejuvenation is a Non-refundable Account add-on that allows traders whose account balance is within 3% of the initial account balance to "rejuvenate" their negative account to Break Even. The rejuvenation will give you a brand new account. For the option to become available to use, all open trades must be closed and your account balance must remain within 3% of the initial balance. For example, if your account has an initial balance of $100,000, the balance must not be less than $97,000 after all open trades are closed to qualify to use the Rejuvenation option. In the event a trader's account balance is more than 3% of initial balance, they must trade their accounts back to eligibility. (Ex. 96,500 (ineligible), trades it back to $97,000 or higher (Eligible)).

According to our rules, this is set at 5% from the days starting account balance or Equity. The rule says that at any moment of the day, the result of all closed positions in sum with the currently open floating G/Ls (Gains/losses) must not hit the determined daily loss limit. Refer to this formula:

Current Daily Loss Limit = results of closed positions of this day + result of open positions.

For example, on an ETX Campaign with the initial account balance of $100,000, the Daily Loss limit is $5,000. If you happen to lose $4,000 in your closed trades, your account must not decline more than $1,000 on this day. It must also not go -$1,000 in open floating drawdown. The limit is inclusive of commissions and swaps.

Vice versa, if you have a gain of $4,000 in one day, then you can afford to lose $9,000, but not more than that. Once again, be mindful that your Daily Loss limit counts your open trades as well. For example, if you have closed trades with a loss of $6,000 and then you open a new trade that goes into a floating loss of -$3,500 but ends up positive in the end, unfortunately, it is already too late. At one moment, your daily loss limit was -$9,500 on total equity, which is more than the permitted loss of $9,000 for that day.

Be mindful as the Daily Loss limit resets at 5pm EST. Let’s say that one day you had a Gain of $3,000. On the same day, you have an open position with a currently floating loss of $7,000. On this day, the Daily Loss limit is not violated. The currentDaily Loss limit is $4,000. ( $4,000 closed gain– $7,000 open position). However, if you hold this position with an open loss of $7,000 after 5pm EST, the Daily Loss limit will be violated. This is because your previous days gains doesn’t count for a new day and the open loss of $7,000 exceeds the max simulated daily permitted loss of $5,000.

The size of the Daily Loss Limit gives the trader enough space for trading. That’s also why the Daily Loss limit includes your potential floating losses.

Leverage in trading refers to the use of borrowed funds or financial instruments to amplify potential returns or losses from an investment. It allows traders to control a larger position in the market than their actual account size would permit. By using leverage, traders can magnify their trading positions and potentially increase their gains if the market moves in their favor. For example, a 1:100 leverage ratio means that for every $1 of the trader's account size, they can control $100 in the market.

An EA, or an Expert Advisor is a software program or algorithm that is designed to automate trading decisions based on predefined rules or strategies. EAs are commonly used in the forex market but can also be applied to other financial markets. EAs can be created by traders or purchased from third-party providers. They are typically integrated with trading platforms such as MetaTrader 4 or 5 and can execute trades automatically based on a set of predetermined parameters. EAs can analyze market data, monitor price movements, and generate trading signals based on various technical indicators and trading rules.

HFT (High-Frequency Trading) involves the use of advanced technology to exploit small price discrepancies in the market. HFT refers to a trading strategy that uses powerful computers and high-speed connections to execute a large number of trades in fractions of a second. HFT firms aim to gain from short-term price movements by taking advantage of minuscule price differentials across various financial instruments. They rely on algorithms and sophisticated trading systems to identify and exploit these fleeting opportunities. This is not allowed. Failure to abide by this rule will result in immediate violation of your account and suspension.

Latency arbitrage is a trading strategy employed by some high-frequency trading (HFT) firms. It takes advantage of slight time lags (latency) in the transmission of market data. These time discrepancies can occur due to the physical distance between trading servers. Latency arbitrage traders exploit these microsecond delays by executing trades ahead of slower market participants, gaining from price discrepancies that arise in these brief windows. The strategy uses complex algorithms and high-speed trading systems to detect price differences across different trading venues or exchanges and act on them before other market participants can react. This is not allowed. Failure to abide by this rule will result in immediate violation of your account and suspension.
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The trader will receive a performance reward equivalent to 80% of the notional value of their simulated trading profits. This value is calculated using the same principles that govern actual market trades but is applied to the simulated trades executed by the trader. Performance reward can increase to 90% with the purchase of the Add-on or 4 consecutive performance rewards received.

Yes, you can scale up to $2M if you show consistency in your trading performance. The scaling opportunity is determined by our team based on your trading results. The maximum purchase of accounts is $600,000, with a $300,000 maximum allocation per account, allowing traders to manage larger funds as they prove their trading skills and reliability.

The Standard growth target for Multi Campaign (2-Step) Phase 1 is 8%. For Solo Campaigns (1-Step), the standard growth target is set at 10%. The Standard growth target for Multi Campaign (2-Step) Phase 2 is 5%. These targets are set to challenge traders and ensure that only those with the ability to generate consistent profits progress through the evaluation stages.

The Maximum Gains Limit on a trading account refers to the capped percentage of gains that a trader is allowed to earn from their trading activities within 30 days. When a trader reaches this predetermined percentage, they cannot earn additional gains until the next period begins or other conditions are met to achieve early performance reward and/or increase the limit. If a trader achieves the Maximum Gains Limit within a 30-day period and meets all trading objectives, they may qualify for an early performance reward.

Your evaluation starts on the day you make your first trade. This marks the beginning of your journey in the evaluation process, where your trading strategy, risk management, and ability to meet the growth targets are assessed.

Once you receive your Live Simulated Account, you need to complete a minimum of four trading days. After that, you will receive your first performance reward 30 days after your first trade on the account. Following the initial performance reward, performance rewards are processed bi-weekly, providing regular and timely access to your earned gains.

You can only merge your Evaluation accounts if they meet certain criteria: They must be live simulated accounts, not previously merged, not traded or have received the first performance reward on both accounts, be at the initial balance, and the total amount must not exceed $300,000. Accounts can be merged only once and must be traded separately during the evaluation phase. To merge your demo funded accounts, you need to send an email to [email protected] with the live simulated account numbers that you wish to merge.

If a violation is detected on your account, the account will be suspended and will not qualify for any future performance rewards.

All Campaigns qualify for a 100% Registration fee Bonus added to their first performance reward. A trader qualifies for a performance reward and Bonus only if they have made:

The account purchase fee refers to the base fee listed for the account. This fee does not include any additional costs related to add-ons, upgrades, or resets that ETX Funding may offer to traders.

If you reach the growth target but subsequently violate the drawdown rule or any other trading objective, your account will not be eligible to proceed to the next phase of the evaluation. Adherence to all trading objectives is crucial throughout the evaluation process.

After passing Phase 1, ensure you have no remaining open or running trades, have completed the minimum requirement of 4 trading days, and have reached the growth target of 8% with no violations (10% for Solo Campaigns: 1-Step). You can then upgrade your Phase 1 account to a Phase 2 account via your Dashboard, provided you have met all the necessary requirements.

Upon successfully completing Phase 2, ensure all trades are closed, you've met the 4-trading day requirement, and achieved the 5% growth target without any violations. You can then upgrade your Phase 2 account to a Live Simulated Account from your Dashboard. This option becomes available only after fulfilling all the required criteria. Live accounts initially operate in "READ-ONLY" mode, and trading is enabled once you submit the required KYC documents and a signed contract.

A trading day is defined by its market close at 6pm EST every day. This definition is crucial for understanding the timeframe within which trading activities are considered for a single day.

It is another word for evaluation or test that traders are able to purchase and participate in.
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There is no set time limit for the completion of ETX Funding's Campaign. This flexibility allows traders to operate at their own pace. However, it's important to note that traders must execute at least one trade every 30 days to avoid account suspension due to inactivity.

Traders must initiate a trade on their account within 30 days of account purchase. Failure to do so will result in account suspension due to inactivity, emphasizing the need for regular trading activity.

Yes, holding trades over the weekend is permitted for traders with both Regular & Swing accounts. This allowance provides flexibility for traders who employ strategies that require positions to be kept open over the weekend.