Foraxis review: 60-second rewards and a seven-day gap

Verdict: Foraxis suits a MetaTrader 5 trader who accepts a static drawdown on a simulated account and a share capped at up to 80%. It is a weak match when daily loss, floating loss and the wait between rewards must be fixed ahead of time, because the homepage, the 16 September 2026 rules table and the FAQ set that clock differently. The caveat is an audited payout total left unpublished, while outside cards still print a 90% split and a three-day minimum the Core table splits by programme.

Key terms published on the Foraxis pages

• Challenge fee: $545 for the $100,000 1-Step Core account, and $525 for the $100,000 2-Step Core card on 1 November 2026 (rules, homepage).
• Account sizes: $5,000 to $200,000 on 1-Step and 2-Step, and up to $100,000 on Instant, in Core and Edge (FAQ).
• Profit split: up to 80% of realised profit, with the starting balance kept inside the simulation (rules).
• Profit target: 10% on 1-Step Core, 8% then 5% on 2-Step Core, blank on Instant Core, and 6% on Instant Edge in the FAQ (rules).
• Maximum drawdown: 6% balance static on 1-Step Core, 10% on 2-Step Core and 5% on Instant Core (rules).
• Daily loss limit: 4%, 5% and 2% end-of-day static on the three Core programmes, reset at 00:00 UTC (rules).
• Payout frequency: any time once funded, flat and inside the limits, under an "Under 60 seconds" rules heading, against a seven-day gap in the FAQ (FAQ).
• Minimum trading days: five, three and five on the three Core programmes, a day counting at half a percent of the starting balance (rules).

Where the Foraxis reward clock changes by page

On 1 November 2026 the homepage was selling 1-Step, 2-Step and Instant evaluations on MetaTrader 5. The card in view priced a $100,000 2-Step Core account at $525, with an 8% then 5% target, 5% end-of-day daily loss, 10% balance-static drawdown, floating loss of 2% then 2% then 1%, three minimum days, up to 80%, and approval under 60 seconds. Lower down, the same page adds a seven-day wait since the previous Reward.

The rules page, last updated 16 September 2026, puts "Under 60 seconds" over a wider permission: a Reward at any time once funded, flat and inside the limits, at up to 80% of profit above the starting balance. Approval is called near-instant and arrival depends on the method. The seven-day gap is off that section. The FAQ restores it, adds the minimum days or consistency rule, and requires identity checks before the first Reward, paid by bank or by USDT or USDC on Tron.

Related:PropXP review: static drawdown versus the split add-on

On 22 October 2026 @foraxisofficial posted:

You can now see real-time withdrawals being processed as they happen—most landing in under 2 minutes.

What the Foraxis payout record shows

The rewards page is the payout exhibit. On 1 November 2026 the newest row was Aditi Roy, FOR-2026-59915F, $525.00 from a $25,000 account, settled in 1 minute 12 seconds on 31 October. Vanshika Panchal, FOR-2026-3FB197, took $340.30 in 58 seconds. The slowest of the ten newest lines was 1 minute 50 seconds, and Santanu Koushik Das, FOR-2026-6B4FE6, took $161.00 in 1 minute 3 seconds. The 58-second Panchal line is the one inside the homepage claim.

The homepage carousel lagged the table with FOR-2026-56015F, $35.22 from a $1,000 account, under the $5,000 floor. The same day @SantanuKDX wrote "Core Instant with static 10% DD" after five days at half a percent. The name matches the $161 row, the bio lists partner deals, and on the rules page that 10% maximum belongs to 2-Step Core, while Instant Core is 5%.

An audited reward total and any denial count are unpublished. The times above are what Foraxis prints beside Tron links left unopened here. The seven-day gap and the settlement column measure different clocks. The balance is a simulation, as what a funded account is sets out.

Profit split, daily loss and the day count

Foraxis's own pages cap the share at up to 80% of realised profit above the starting balance. Proptraders.de, checked on 17 August 2026, still prints up to 90% and a 6% maximum drawdown on 2-Step cards and marks those challenges incomplete. The 16 September 2026 rules table is later: up to 80%, with 10% balance-static drawdown on 2-Step Core and 6% on 1-Step Core.

Prop Firm Audit, updated 1 November 2026, matches Core daily loss at 4%, 5% and 2%, then prints three minimum days as the firm-wide figure. The rules table uses five, three and five, counted at half a percent of the initial balance. On the FAQ, 1-Step Edge has four days from $30, 2-Step Edge a 50% consistency rule from $21, and Instant Edge a 6% target with 20% consistency from $28. The audit gives Instant Edge 50% instead.

On a $100,000 1-Step account the funded floating loss is 1%, or $1,000, after a 2% evaluation stage. The homepage prints $2,000 beside 2-Step's "2%, then 2%, then 1%", which matches the evaluation stage and reads high against the funded step. The rules comparison labels that 1% step "$100,000 account", and the audit says a $25,000 2-Step Core selector keeps 2% after funding.

Rules that close a Foraxis account

Crossing daily loss, maximum drawdown, or a floating-loss limit left unmarked as soft, closes the account, and the fee stays with the firm. The refund policy, effective 20 February 2026, calls purchases irreversible. The rules page says fees are "covered by" that policy, while the policy itself calls the sale final.

Two soft breaches leave the account open and the third is a hard breach, resetting with a new evaluation phase and staying after a funded payout. A close inside 30 seconds and the funded news window are the usual triggers. The homepage calls news trading unrestricted. The rules page withholds that window in an evaluation and, once funded, bars a new trade on an affected currency from five minutes before a release until five minutes after. Prop Firm Audit's glance box marks news trading disallowed and drops that evaluation permission.

Hedging, third-party copy trading, tick scalping and grid recovery can void the account. Instant accounts must be flat into the weekend, and thirty quiet days can close an account.

Foraxis beside FTMO and The5ers

The same day's pages put Foraxis 2-Step Core beside FTMO's 2-Step and The5ers High Stakes. Foraxis uses the tighter 8% then 5% target and up to 80%, and it adds a floating-loss limit those two objective cards leave off. The Industry Spread account of FTMO covers that firm's structure.

Who runs the Foraxis simulated accounts

The legal page names Foraxis Limited, an International Business Company in Saint Lucia, number 2026-00346, registered at Ground Floor, The Sotheby Building, Rodney Bay Village, Gros-Islet, with a physical office at Comarine Business Center, 11 Georgiou Vizyinou, 6017 Larnaca, Cyprus. It describes simulated programmes, places the firm outside brokerage and regulated financial services, and leaves a licence claim unstated. Rewards are payments against that simulation.

The United States, Cuba, Myanmar, North Korea and Sudan sit outside the service, with FATF-restricted jurisdictions, and Malaysia, Indonesia, Vietnam and Singapore are paused. Prop Firm Audit adds the United Arab Emirates, India and Iraq, absent from the legal page read here. Saint Lucia registration is a company record, separate from a brokerage authorisation, the line in where prop-firm rules meet regulators and in the licence test a broker has to meet. thePropTrade is the parallel for reading the entity first.

Questions traders ask before paying Foraxis

How fast does Foraxis say a Reward is approved?

The homepage and the rules page place approval under 60 seconds and call it near-instant once the account is eligible, while arrival depends on the payment method. Aditi Roy's 31 October row settled in 1 minute 12 seconds, and the firm's 22 October post said most withdrawals were landing in under two minutes. The FAQ's seven-day gap is the wait before the next request, separate from that settlement column.

How often can a funded trader request a Foraxis Reward?

The FAQ requires profit, a flat book and the day count or consistency rule, then spaces requests at least seven days apart. The rules section allows a request at any time once the account is flat and inside its limits, and leaves that seven-day line off the reward heading. 2-Step Edge swaps the day count for a 50% consistency rule.

What share of profit do Foraxis's own pages publish?

The homepage, the rules comparison and the FAQ cap the share at up to 80% of realised profit above the starting balance, and that balance stays simulated. Proptraders.de, checked on 17 August 2026, still shows up to 90% and a 6% drawdown on 2-Step cards. The 16 September 2026 rules table shows up to 80%, with 6% balance-static drawdown on 1-Step Core and 10% on 2-Step Core.

Which loss limits apply to a $100,000 2-Step Core account?

The homepage and the rules comparison agree on an 8% target then 5%, a 5% end-of-day daily loss of $5,000 and a 10% balance-static drawdown of $10,000. Floating loss runs 2%, then 2%, then 1%. The homepage's $2,000 matches the evaluation stage, and the funded 1% step is $1,000. Three qualifying days at half a percent are $500 each, and the card's fee was $525.

This review is independent editorial analysis and is not financial, investment, or trading advice, and is not an endorsement or solicitation. The Industry Spread has no affiliate or referral relationship with the firms covered. Proprietary trading challenges carry a fee that is generally non-refundable, most participants do not reach a funded account, and funded capital is the firm's capital, not the trader's. Terms change frequently — always verify current rules directly with the firm before paying any fee.