What Is Rhodium FX, and How Does Getting Funded Actually Work?

If you’ve landed here from an ad and you’re not quite sure what a “prop firm” is or how “getting funded” works, you’re not alone. It’s a newer model, and most people hear about it before they ever see it explained plainly. Here’s exactly what Rhodium FX does, and how the path from signing up to trading real capital actually works.

What Is a Forex Prop Firm?

Rhodium FX is a proprietary trading firm, often shortened to “prop firm.” Instead of trading with your own savings, you trade using capital we provide, and in return, we take a share of the profits you generate. You don’t need a large personal account balance to get started. You need to prove, through a structured evaluation, that you can trade with consistency and discipline.

Think of it less like a broker and more like a partnership: we fund the account, you bring the strategy and execution, and profits get split between us.

You’re not paying us to trade for you. You’re paying a one-time evaluation fee for the opportunity to prove you can trade well enough to manage real funded capital.

How the Evaluation Works

Every trader starts with a two-phase evaluation on a demo account, trading under a defined set of rules rather than risking real money from day one.

Phase 1: Hit a 7% profit target while staying inside our risk limits.
Phase 2: Hit a slightly lower 6% profit target, confirming your first result wasn’t a one-off.

Throughout both phases, two risk rules apply: a 5% daily loss limit and a 10% maximum loss limit, so a single bad day or a rough stretch can’t quietly wipe out your shot at getting funded. These limits exist to reward the same thing real trading rewards: consistency over time, not one lucky run.

What Happens Once You’re Funded

Clear both phases, and your account moves to funded status. From here, you’re trading real capital under Rhodium FX, with the same daily and max loss limits carrying over to protect the account.

Profits are split between you and Rhodium FX: 80% goes to you as standard, or up to 90% if you’ve added our Profit Split Booster. Your first payout is processed 14 days after your first funded trade, then continues on a bi-weekly schedule after that.

Ready to see which account size fits you? Explore our challenge tiers, from $5K to $100K.

View Challenges

Choosing Your Starting Account Size

Rhodium FX offers five challenge tiers, so you can start where it makes sense for you rather than jumping straight into the largest size available:

$5K Challenge — $40
$10K Challenge — $79
$25K Challenge — $149
$50K Challenge — $249
$100K Challenge — $419

Every tier runs on the same rules, so you’re not learning a new system if you decide to scale up to a larger account later.

What You’re Actually Trading

Every position on a Rhodium FX account is placed through MatchTrader, a browser-based platform with built-in charting and risk tools, so there’s nothing to download before you can start. Trading itself happens through CFDs, contracts that track the price movement of forex pairs, gold, silver, and indices, meaning you’re never buying or holding the underlying asset directly.

Why This Model Exists

Not everyone has tens of thousands of dollars sitting in a personal trading account to prove what they’re capable of. The evaluation model exists to let skilled, disciplined traders access real capital based on demonstrated performance rather than personal savings. Our rules, from risk limits to permitted strategies, are built around one goal: rewarding traders who treat this like a real job, not a gamble.

Getting Started

If you’re new to all of this, the most important thing to know is this: getting funded isn’t about finding a shortcut. It’s about proving, through two structured phases, that you can trade with the same discipline you’d need to manage a real account long-term.

Start your evaluation today and pick the challenge tier that fits where you’re starting from.