Paidpex prop firm offers funded challenges and allows traders to pay the fees only after they get funded, which is very flexible. Funded options range from 25k to 500k USD. The pricing starts at 99 USD for a 25k challenge, which is competitive. Up to 90% profit split can be achieved, which is attractive. There are only two funded account types, and the firm also provides a trader dashboard with advanced features.
In this unbiased Paidpex review, we will assess the firm’s important features to assess its safety, rules, funded options and types, assets, platforms, pricing, support, and more.
| Pros | Cons |
|---|---|
| Traders pay after they pass the challenge | Offers only custom web trading platform |
| 25k USD challenge costs 99 USD | No educational resources |
| Offers 90% profit split | No scaling plan |
| Offers access to diverse markets including Stocks, altcoins, Forex, futures, and metals | |
| Allows news trading, overnight, and weekend holding |
| FPA Score | Not rated yet |
| Year founded | 2024 |
| Headquarters | London, United Kingdom |
| Minimum audition fee | 99 USD |
| Fees on withdrawals | 0 USD |
| Minimum funded amount | 25,000 USD |
| Maximum funded amount | 500,000 USD |
| Allowed daily loss | 4% |
| Profit target | 8% |
| Maximum trailing drawdown | 8% |
| Profit sharing (Payouts) | Up to 90% |
| Trading Platforms | custom-developed web trading platform |
| Available trading markets | Stocks, Altcoins, Forex, Futures, and Metals |
Paidpex reviews are lacking on the Forex Peace Army (FPA) platform, which is a red flag for the firm’s safety. However, there are around 500 reviews on Trustpilot and most of them are very positive, indicating that the firm should be reliable. The firm was launched in 2024, which makes it very young and inexperienced in the prop trading industry. Furthermore, the firm is not backed by a regulated broker, which is always a serious red flag for reliability. When firms act as brokers, they typically can mess with the price to manipulate it as they will. This raises serious questions about the conflict of interest. Since the firm has mostly positive comments, it seems it is acting ethically, which is always good to know.
The firm gets a 1.5 score in this section as a result.
Paidpex funded programs are two. One is a challenge where traders have lower minimum funding and another one offers a higher starting point with a larger account. The maximum funded amount is the same for both challenges. When it comes to Paidpex funding options, the first account offers 50k, 100k, 200k, 300k, and 500k USD. Another one offers funded options from 25k, and the rest is the same as the first account.
Paidpex challenges do not offer smaller funded accounts, which is disadvantageous for beginner traders.
A Paidpex scaling plan is not available, which is a downside. Traders can not grow their funded accounts and have to purchase the amount they want to control, which is not flexible.
As a result, the firm gets a 3.5 score in this section.
Paidpex prop trading assets include access to popular markets such as equities (stocks), altcoins and BTC, Gold and commodities, futures, and indices. This is very attractive and diverse. Traders can trade many different asset types including FX, stocks, and futures. The leverage is up to 1:200 which is more than enough to control a large trading position.
Overall, the firm gets a 4.5 score in this section.
Paidpex rules are industry-accepted standards. The daily loss limit is 4% and the maximum drawdown is capped at 8%. Traders have to hit an 8% profit target to get funded. News trading is allowed and traders can hold open positions during weekends and overnight. The firm also allows automated trading systems, which are very flexible. Traders can connect their robots to the firm’s price data using API calls.
Overall, the firm gets a 3 score in this section.
The pricing at Paidpex is very competitive, starting at 99 dollars for the smallest 25k USD challenge. This is super cheap, as 25k accounts typically cost more than 150 dollars. Furthermore, traders can pass the evaluation first and pay the fees after, which is very flexible. The 50k USD challenge costs just 149 USD, which is super competitive and makes the firm one of the cheapest in the industry.
The Paidpex free trial is offered, which enables traders to pass the evaluation first and pay the fees after that. The firm does not have 0 pips fees, which makes it challenging to deploy scalping strategies.
Paidpex free repeat is not offered at the moment, which is a minor downside.
As a result, the firm managed to get a 3 score in this section.
When it comes to trading software, the firm only offers custom-developed web trading platforms. This is a serious downside as the firm does not offer popular platforms like MT4 or others. Mobile trading is available. EAs are allowed.
The firm gets a 3.5 score in this section.
The Paidpex profit split is 90% for all challenges, which is very competitive. The withdrawals incur no fees and take 1-2 business days. Traders can only withdraw 2,500 USD for the first three withdrawals, and this cap is removed and traders can withdraw all their profits.
Overall, the firm gets a 5 score in this section.
The firm does not offer any educational resources, which is a downside. There are no webinars, video guides, and trading courses. There are tools offered via the useful dashboard.
In the end, the firm gets a 1 score only in this section.
The firm offers live chat and email options for support. There are no phone support options available, which is a minor downside. The firm does not provide multilingual support, which is a downside.
The firm gets a 2.4 score in this section.
Our partner, XM, lets you access a free demo account to apply your knowledge.
No hidden costs, no tricks.
A Paidpex scam is not likely as the firm has plenty of positive reviews on Trustpilot from around 500 reviews.
Yes, the firm has very positive reviews, traders can pay cheap fees after they pass the challenge, and multiple popular assets are available.
The smallest pricing starts at 99 USD (one-time) for the 25k USD challenge, which is paid after the trader passes the evaluation.
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