Verdict: Hex Funded suits experienced forex traders who want an evaluation with no time limit and can keep open losses well under 2% of the balance. It does not suit swing traders, anyone buying an Instant account to hold positions through Friday’s close, or anyone who needs a payout within days. The biggest caveat: the homepage rules table for Instant accounts says weekend holding is allowed, while the firm’s own help centre says a position held over the weekend is an immediate breach.
Key terms (as published by Hex Funded, checked 23 September 2026)
- Challenge fee: $22 list ($5,000 2-Step Rapid) to $954 list ($200,000 Instant), before promotional discounts (homepage pricing table)
- Account sizes: $2,500 (Instant Pro only) to $200,000, across six models (available models)
- Profit split: 90%, or 100% as a paid add-on; cut to 50% after a first Capital Lock trigger (Capital Lock)
- Profit target: 9% on 1-Step, 10% on 1-Step Rapid, 8% then 4% on 2-Step, 8% then 5% on 2-Step Rapid; none on Instant (model pages)
- Maximum drawdown: 6% trailing on Instant and 1-Step, 5% trailing on Instant Pro, 8% static on 2-Step, 10% trailing on 2-Step Rapid
- Daily loss limit: 3% on Instant, Instant Pro and the Rapid models; 4% on 1-Step and 2-Step
- Payout frequency: every 14 days from the first funded trade; a 7-day first payout is a paid add-on (rewards and payouts)
- Minimum trading days: 3 per evaluation phase (none on 1-Step Rapid); 3 or 5 funded days of 0.5%+ profit before each payout
Hex Funded is a forex and CFD prop firm whose domain was registered in June 2025. It sells six account types, runs its trader dashboard on software licensed from TradeTech Solutions, a white-label vendor used by a number of unrelated prop brands, and advertises a 90% split with payouts “in 24 hours”. The rules that decide payment sit in a 55-article help centre that the Terms of Service incorporate by reference. On at least three points, it contradicts the marketing.
The weekend rule the homepage gets wrong
Select the Instant tab on the Hex Funded homepage and the “Funded Account Rules” table reads “News Trading | No”, then “Weekend Holding | Yes”. The Instant Pro tab shows the same. Beneath the price, a checklist repeats “Weekend Holding” with a tick.
The help centre article “Is News Trading Allowed?” says holding trades “during high-impact news events or over the weekend is not permitted on Instant Funded accounts. Violations will result in an immediate account breach.” It adds: “All trades must be fully closed before the market closes on Friday. Any position left open over the weekend will constitute a breach.”
The homepage therefore advertises as permitted the exact behaviour the rulebook treats as a hard breach. The news line in the same table does match the help centre, so the weekend line is not a general simplification. And because the Terms bind traders to “all rules identified within the FAQ centre”, the help centre is the version that gets enforced.
Timing matters too. In a public Trustpilot reply, Hex Funded wrote that “News trading violations are not automatically detected in real time by our system”, and said every payout request is checked against the full trading history. If weekend holds are reviewed the same way, a trader who believed the homepage may trade on for weeks and learn of the breach only when asking to be paid.
Payouts: what is published and what could not be verified
The homepage promises “Payouts in 24 hours” and a “24-hour payout guarantee”. The payouts article says Hex only “aims” to approve requests “within 24 business hours”. The guarantee itself, in “Do You Have a Reward Guarantee?”, is a “48-Hour Reward Guarantee” paying an extra $1,000 if a payout is not processed “within 48 business hours of approval”, counted Monday to Friday, 9:00 to 17:00 UK time. At eight hours a day that is six working days. A payout approved at 17:00 on a Friday can wait until the Monday ten days later before the guarantee applies.
Frequency is the second gap. The homepage says “withdraw every 7-14 days” and shows “Up To Weekly” on every plan. Every model page sets the standard schedule at “every 14 days from your first trade”; a 7-day first payout is a checkout add-on.
The firm’s Trustpilot profile, listed as “Hexagon Funded Markets”, showed a TrustScore of 3.2 from 40 reviews when we checked it in a browser on 23 September 2026: 16 one-star, 13 five-star. Recent five-star reviews are mostly one line; the detailed one-star reviews describe denied payouts. A reviewer posting as Fenster said a $178 withdrawal on a $2,500 Instant Pro account was refused over a news event “weeks ago on June 5th”. Another reported termination at the payout request on a $10,000 Instant Pro account over a pending order filled during an FOMC release.
What we could not verify: Hex Funded publishes no audited payout totals. The homepage “Recent Verified Payouts” ticker cycles a fixed list of 16 names and amounts with no dates, transaction references or on-chain hashes. We found no independent payout-tracking data for the firm.
Rules that void funded accounts
Capital Lock. On funded accounts reached through an evaluation, combined floating loss of 2% of the balance closes every position. The help centre calls the first trigger a soft breach, but says “your profit split on the funded account is reduced to 50%”. The second trigger terminates the account. No route back to 90% is described, so one bad session can cut a 90% split, or a paid-for 100% split, to 50%.
The Instant accounts’ 2% line. Instant accounts get no soft first strike. The Max Loss Per Trade Policy says a combined floating loss above 2% means the account “will be permanently closed”, on top of a 3% daily limit and a 5% or 6% trailing drawdown.
News and consistency. Funded evaluation accounts cannot open, close or modify positions within five minutes of a red-folder event; Instant accounts cannot hold through one at all. Instant carries a 20% consistency rule and Instant Pro 15%, which delay payouts rather than breach accounts.
How Hex Funded compares on instant accounts
The table sets Hex Funded’s Instant account against instant products from two firms we have reviewed, Tiger Funded and FunderBlu, using each firm’s published rules as of 23 September 2026 (Tiger Funded FAQ; FunderBlu Instant Standard).
| Term | Hex Funded Instant | Tiger Funded Instant Elite | FunderBlu Standard Instant |
|---|---|---|---|
| Daily loss limit | 3% of initial balance | 2.5% of start-of-day equity | 3% of day’s starting balance |
| Maximum loss | 6% trailing | 5% trailing | 6% static |
| Open-loss ceiling | 2% floating, permanent closure | 1.5% risk per trade idea | 1% floating (Max Risk Rule) |
| Weekend holding | Banned in help centre; “Yes” on homepage | Allowed, per FAQ | Banned, per help centre |
| Profit split | 90% (100% add-on) | 80% (100% add-on) | 80% (100% add-on) |
| Consistency rule | 20% | None | 30% |
| Payout timing | Every 14 days (7-day first payout is paid) | After 14 days, then every 7 days | On demand; first reward capped at $5,000 |
FunderBlu also bans weekend holds on instant accounts, but says so consistently. Hex Funded’s problem is not the rule; it is that the page where traders choose a product says the rule does not exist. Its guarantee is also looser than the one in our Orion Funded review.
Who you actually contract with
The Terms of Service, updated 24 September 2025, say the site and services are operated by “HEX FUNDED L.L.C-FZ”, with notices to Level 23, Boulevard Plaza Tower 2, Dubai. UAE law governs, and disputes go to a single arbitrator seated in Dubai, with fees set by the Dubai International Arbitration Centre, plus a class-action waiver. The Refund Policy also defines “we” as HEX FUNDED L.L.C-FZ.
The site footer names a second company: “Hex Funded Ltd, a Saint Lucia Corporation”, company number 2025-00452, which “provides the simulated trading services advertised on www.hexfunded.com”. It does not appear in the body of either contract document.
So, on the documents a buyer accepts, the counterparty is the Dubai free-zone company. The Terms give no free-zone authority or licence number, so we could not match it to a register. The Saint Lucia company is named as service provider but is party to no published contract, and the funded-stage Trader Agreement that governs payouts is not published. A trader cannot confirm before paying which company will owe them a payout.
Neither company claims to be regulated. The footer says all accounts “are demo accounts operating exclusively in a simulated trading environment”, which sits awkwardly with the homepage’s “Live · No evaluation” label on Instant. Trading runs on “Platform 5”, which Hex does not identify. The white-label dashboard software maps that label to MetaTrader 5 in the settings of other client firms, but Hex’s own settings do not name a platform. US citizens are barred. For the wider picture, see our coverage of how the CFTC and ESMA are treating prop trading.
Frequently asked questions
Can I hold trades over the weekend on a Hex Funded Instant account?
No. The homepage rules table says “Yes”, but the help centre, which the Terms incorporate, says any Instant position left open over the weekend is a breach and all trades must be closed before Friday’s market close. The help centre applies that ban only to Instant accounts.
How long do Hex Funded payouts take?
Standard payouts open every 14 days from the first funded trade. Hex aims to approve within 24 business hours, and pays $1,000 extra only if processing exceeds 48 business hours after approval, counted Monday to Friday, 9:00 to 17:00 UK time. That is six working days.
What is Capital Lock?
A rule on evaluation-funded accounts that closes every position when combined floating loss reaches 2% of the balance. The first trigger cuts the profit split to 50%; the second terminates the account. On Instant accounts, a floating loss above 2% closes the account permanently at once.
Is Hex Funded regulated, and is the fee refundable?
It is not regulated, and all accounts are simulated. The Refund Policy allows no refunds once credentials are emailed; the fee is returned only after a trader’s fourth successful payout, and a hard breach before then forfeits it.
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.
Abdelaziz Fathi
Abdelaziz Fathi covers the intersection of forex/CFD brokerage, regulation, liquidity, fintech, and digital assets. With a B.A. in Finance and hands-on industry exposure, Aziz blends analytical rigor with clear storytelling to make complex market structure understandable for traders, brokers, and fintech professionals.
