By Alex Firdaus · Updated October 2026 · Data checked October 12, 2026
Rhodium FX Review 2026: Prop Firm Rules, Fees, Payouts and FT20 Code
Quick summary: Rhodium FX is a Dubai-based forex prop firm that sells three Match-Trader evaluations: the one-phase Fast Track, the two-phase Classic and the three-phase Legacy. Funded accounts run from $1,500 to $100,000, fees start at $22, and the profit split is 80%, or 90% with the Profit Split Booster on eligible accounts. Rhodium FX sets no time limits, uses a static maximum loss, pays out bi-weekly in crypto and processes approved payouts within 48 hours. Code FT20 takes 20% off the challenge fee.
Enter FT20 at checkout for 20% off your Rhodium FX challenge fee.
Table of Contents
- What Is Rhodium FX?
- Rhodium FX Coupon Code FT20
- Rhodium FX Challenge Types Compared
- Challenge Fees and Account Sizes
- Drawdown and Trading Rules
- Platform and Instruments
- Payouts and Profit Split
- Payment Methods
- Is Rhodium FX Legit?
- Allowed and Restricted at a Glance
- Other Match-Trader Prop Firms
- Rhodium FX FAQ
What Is Rhodium FX?
Rhodium FX is a forex prop firm operated by RHODIUM FX - FZCO, company registration number 60279, at Building A1, Dubai Digital Park, Dubai Silicon Oasis, United Arab Emirates. Rhodium FX sells three evaluation types on Match-Trader: Fast Track, Classic and Legacy. Funded accounts run from $1,500 to $100,000 and pay an 80% base profit split.
Rhodium FX started in 2021 as a trading education brand and launched as a funded trading firm in 2025, according to the Rhodium FX FAQ. CEO Philip H. van den Berg runs Rhodium FX. The Rhodium FX founder note says he spent more than a decade in forex brokerages and trading desks before starting the firm. Rhodium FX is one of the firms listed in the FundedTrading prop firm ratings.
Rhodium FX runs every evaluation and funded account in a simulated trading environment. The Rhodium FX disclaimer states that client accounts do not execute on live markets and that Rhodium FX may mirror or hedge funded account performance with liquidity providers using its own capital. A Rhodium FX funded trader is paid a contractual profit share calculated from the simulated account equity.
Rhodium FX Coupon Code: FT20 for 20% Off
FundedTrading Code: 20% Off Your Rhodium FX Challenge
Enter coupon code FT20 at checkout to cut the Rhodium FX challenge fee by 20%.
Offer: 20% off the Rhodium FX challenge fee, applied at checkout.
Rhodium FX charges each challenge fee once. The Rhodium FX Classic and Legacy pages state that the challenge fee is the only payment, so there is no second fee when a trader moves to Phase 2 or Phase 3. The table below applies FT20 to the listed Rhodium FX fees as of October 12, 2026, before any Profit Split Booster add-on. More firm codes are on the FundedTrading discount codes page.
| Account Size | Classic Fee | Classic with FT20 | Legacy Fee | Legacy with FT20 |
|---|---|---|---|---|
| $5,000 | $40 | $32.00 | $30 | $24.00 |
| $10,000 | $79 | $63.20 | $60 | $48.00 |
| $25,000 | $149 | $119.20 | $125 | $100.00 |
| $50,000 | $249 | $199.20 | $200 | $160.00 |
| $100,000 | $419 | $335.20 | $350 | $280.00 |
The $1,500 Fast Track Saver account costs $22 before the code and $17.60 with FT20.
Rhodium FX Challenge Types Compared
Rhodium FX offers three challenge types. Fast Track is one phase with a 10% profit target. Classic is two phases with 7% and 6% targets. Legacy is three phases with 4%, 5% and 6% targets. All three Rhodium FX challenges run on Match-Trader and pay an 80% base profit split once funded.
| Rule | Fast Track | Classic | Legacy |
|---|---|---|---|
| Phases | 1 | 2 | 3 |
| Profit targets | 10% | 7%, then 6% | 4%, then 5%, then 6% |
| Daily loss limit | 3% | 5% | 4% |
| Maximum loss (static) | 9% | 10% | 7% |
| Minimum trading days | None | 3 per phase | None |
| Per-trade risk cap | No cap | 2% of current equity | Not listed in the Legacy rules |
| Account sizes | $1,500 to $12,000 | $5,000 to $100,000 | $5,000 to $100,000 |
| Fees from | $22 | $40 | $30 |
| 90% Booster | Not available | $5K to $50K only | $5K to $50K only |
Every Rhodium FX challenge type shares the same core conduct rules. Rhodium FX allows a maximum of two open positions, sets leverage at 1:50 during evaluation and 1:30 once funded, requires a stop loss and take profit on every trade and bans new trades around high-impact news. Rhodium FX advertises no time limits on any phase.
The three types trade off target size against loss room. Fast Track asks for the largest single target, 10%, with the smallest daily room, 3%. Legacy sets combined targets of 15% across three phases with a 7% maximum loss. Classic sets combined targets of 13% across two phases with the widest loss limits, 5% daily and 10% overall.
Rhodium FX Challenge Fees and Account Sizes
Rhodium FX challenge fees run from $22 for the $1,500 Fast Track Saver account to $419 for the $100,000 Classic Platinum account, as of October 12, 2026. Each Rhodium FX fee is a one-time payment. The dollar figures below are what each percentage rule equals on that account size.
Classic Challenge (2 phases)
| Account | Size | Fee | Phase 1 Target (7%) | Phase 2 Target (6%) | Daily Loss (5%) | Max Loss (10%) |
|---|---|---|---|---|---|---|
| Junior | $5,000 | $40 | $350 | $300 | $250 | $500 |
| Bronze | $10,000 | $79 | $700 | $600 | $500 | $1,000 |
| Silver | $25,000 | $149 | $1,750 | $1,500 | $1,250 | $2,500 |
| Gold | $50,000 | $249 | $3,500 | $3,000 | $2,500 | $5,000 |
| Platinum | $100,000 | $419 | $7,000 | $6,000 | $5,000 | $10,000 |
Legacy Challenge (3 phases)
| Account | Size | Fee | Phase 1 (4%) | Phase 2 (5%) | Phase 3 (6%) | Daily Loss (4%) | Max Loss (7%) |
|---|---|---|---|---|---|---|---|
| Junior | $5,000 | $30 | $200 | $250 | $300 | $200 | $350 |
| Bronze | $10,000 | $60 | $400 | $500 | $600 | $400 | $700 |
| Silver | $25,000 | $125 | $1,000 | $1,250 | $1,500 | $1,000 | $1,750 |
| Gold | $50,000 | $200 | $2,000 | $2,500 | $3,000 | $2,000 | $3,500 |
| Platinum | $100,000 | $350 | $4,000 | $5,000 | $6,000 | $4,000 | $7,000 |
Fast Track Challenge (1 phase)
| Account | Size | Profit Target (10%) | Daily Loss (3%) | Max Loss (9%) |
|---|---|---|---|---|
| Saver | $1,500 | $150 | $45 | $135 |
| Introduction | $3,000 | $300 | $90 | $270 |
| Junior | $6,000 | $600 | $180 | $540 |
| Bronze | $12,000 | $1,200 | $360 | $1,080 |
Rhodium FX prices the $1,500 Fast Track Saver account at $22. Rhodium FX shows the fees for the $3,000, $6,000 and $12,000 Fast Track accounts in the size selector on its Fast Track page.
Rhodium FX evaluation fees are non-refundable once access is granted, except where the law requires a refund. Rhodium FX does not refund the fee on the first payout. A trader who fails buys a new challenge, and the Rhodium FX FAQ says the firm sometimes offers discounted retries to traders who came close to passing.
Rhodium FX Drawdown and Trading Rules
Rhodium FX uses a static maximum loss measured from the starting balance and a daily loss limit that resets at 00:00 UTC. The limits are 10% and 5% on Classic, 7% and 4% on Legacy, and 9% and 3% on Fast Track. Both Rhodium FX limits include floating profit and loss and apply in evaluation and on funded accounts. The Rhodium FX rules page is the source for every rule in this section, and the prop firm glossary defines the drawdown terms used.
Daily loss limit
Rhodium FX adds closed P/L and floating P/L for each UTC calendar day and compares the total against the greater of start-of-day balance or start-of-day equity. A floating loss that touches the limit is a breach, even if the trade recovers before it closes. Because Rhodium FX uses whichever figure is higher at 00:00 UTC, an open profit carried into a new day raises the base the limit is measured from.
Maximum loss
Rhodium FX sets the maximum loss as a fixed floor below the starting balance, including floating P/L. The floor does not trail. On a $100,000 Classic account the floor stays at $90,000 at all times, so every dollar of profit above $100,000 adds distance between the account and the floor.
Per-trade risk and open positions
Rhodium FX caps risk on Classic accounts at 2% of current equity per trade, which is $2,000 on a $100,000 account at starting equity. Rhodium FX counts entries split across several tickets or symbols as one trade, and the 2% cap applies to gold, silver and indices as well as forex pairs, with spread cost included. Fast Track has no per-trade cap. Every Rhodium FX account allows a maximum of two open positions across all instruments and accounts, and a pending order is allowed only if it cannot create a third open position when triggered.
Stop loss, take profit and leverage
Rhodium FX requires a stop loss and a take profit on every trade. Both can be moved after the trade opens. Rhodium FX sets leverage at 1:50 during evaluation and 1:30 on every funded account, and flags over-leveraged positions for closure or review.
High-impact news window
Rhodium FX bans opening, adding to or modifying positions from 15 minutes before to 5 minutes after a high-impact news release. High-impact releases include central bank rate decisions, CPI, Non-Farm Payrolls, GDP, PMI and ISM, retail sales, unemployment and any event marked High or Red on major economic calendars. Closing a position to reduce risk is allowed inside the window. Rhodium FX may reduce or void profits made inside the window, losses stand, and repeat violations can end the account.
Luck-Out Safeguard (consistency check)
Rhodium FX reviews every trade in a phase and requires the average winning trade to be larger than the average losing trade. Before checking, Rhodium FX may set aside roughly the top 5% of trades by absolute P/L. If a pass depends mainly on one or two outsized wins, Rhodium FX may require the trader to redo the phase. Large wins still count toward the profit target. When the trade count is low, Rhodium FX may extend the review or require more trading days. The Risk Team typically completes the review within 3 business days of the final target.
Prohibited strategies and account limits
Rhodium FX Platform and Instruments
Rhodium FX runs every challenge and funded account on Match-Trader, a web-based platform with a mobile app and built-in TradingView charts at no extra cost. Rhodium FX does not offer MetaTrader 4, MetaTrader 5 or cTrader. Rhodium FX creates the Match-Trader login automatically after checkout and gives access through portal.rhodiumfx.com.
Rhodium FX lists news timing tools, advanced order types and real-time risk monitoring inside Match-Trader. Rhodium FX states that Match-Trader won Best Trading Platform 2025 at Forex Expo Dubai. FundedTrading covers the platform itself in its Match-Trader platform review and compares firms that use it in the best Match-Trader prop firms list.
Rhodium FX offers forex pairs, gold, silver and major indices, with the full symbol list inside Match-Trader. Rhodium FX advertises spreads from 0.1 and charges no swap fees.
Rhodium FX Payouts and Profit Split
Rhodium FX pays an 80% profit split, or 90% with the Profit Split Booster on eligible accounts. The first Rhodium FX payout becomes available 14 days into the funded account, later payouts run bi-weekly, and Rhodium FX processes approved payouts within 48 hours, Monday to Friday. Payouts go out in crypto after KYC and AML checks.
Payout schedule and conditions
| Term | Rhodium FX Rule |
|---|---|
| First payout | 14 days after funded account activation, per section 7.2 of the Rhodium FX terms. The Rhodium FX quick-reference tables count the 14 days from the first funded trade. |
| Later payouts | Bi-weekly cycle from the second payout onward |
| Profit days | 3 profit days before each payout. A profit day is any UTC day where net closed P/L reaches at least 1% of the account balance by 23:59 UTC. The days do not need to be consecutive. |
| Payout size | No minimum and no maximum per cycle |
| Approval and processing | Rhodium FX Trading Team approves each request, then processes it within 48 hours, Monday to Friday. Weekend and holiday requests wait for the next business day. |
| Method | Crypto, subject to KYC and AML checks |
The 14-day wait and the bi-weekly cycle set when a Rhodium FX trader can request money. The 48-hour window starts only after the Trading Team approves the request, so the two timelines add together.
Profit Split Booster eligibility
| Challenge | $5K to $50K | $100K | Fast Track sizes |
|---|---|---|---|
| Classic | 80%, or 90% with Booster | 80% only | Not applicable |
| Legacy | 80%, or 90% with Booster | 80% only | Not applicable |
| Fast Track | Not applicable | Not applicable | 80% only |
Rhodium FX sells the Profit Split Booster as a checkout add-on only, so the 90% split must be chosen before the challenge is bought. Rhodium FX states that consistent, rule-compliant traders may qualify for scaling under its current scaling policy, but Rhodium FX does not publish the scaling steps.
Rhodium FX Payment Methods
Rhodium FX takes challenge fees by card through Worthy Payments and by crypto or bank transfer through M2Pay, according to the Rhodium FX technology and payment partners page. Funded traders receive payouts in crypto.
Is Rhodium FX Legit?
Rhodium FX is a registered Dubai company, RHODIUM FX - FZCO, company registration number 60279, with its address at Building A1, Dubai Digital Park, Dubai Silicon Oasis. Rhodium FX publishes its corporate details, full rules and restricted country list on its website, and names CEO Philip H. van den Berg on its homepage.
Rhodium FX states that it is not a licensed or regulated financial services provider and holds no brokerage, clearing or financial services license. Rhodium FX runs evaluations and funded accounts in a simulated environment, and the Rhodium FX terms send disputes to arbitration at the Dubai International Arbitration Centre, seated in Dubai, in English.
As of October 2026, Rhodium FX holds a 4.4 TrustScore from 18 reviews on Trustpilot. Trustpilot shows that Rhodium FX has not invited reviews recently and has replied to every negative review. Trader-submitted reviews on FundedTrading are on the Rhodium FX user reviews page.
Rhodium FX CEO Philip H. van den Berg was interviewed by Finance Magnates in 2026 about gold trading and payout pressure in the prop industry. In that interview he said Rhodium FX has chosen not to offer instant funding and has stayed out of the US market.
Rhodium FX: Allowed and Restricted at a Glance
Allowed or included
- No time limit on any phase
- Static maximum loss from the starting balance
- Overnight and weekend holding
- Gold, silver, indices and forex pairs
- TradingView charts inside Match-Trader at no extra cost
- No swap fees
- No minimum or maximum payout per cycle
- Card, crypto and bank transfer for challenge fees
- Support 24/5 by live chat, WhatsApp, Discord and email
Restricted or not offered
- Two open positions maximum
- Stop loss and take profit required on every trade
- No EAs, bots, copy trading or hedging
- No new trades from 15 minutes before to 5 minutes after high-impact news
- No MetaTrader 4, MetaTrader 5 or cTrader
- 90% Booster unavailable on $100K and Fast Track accounts
- One active funded account per trader
- Challenge fees not refundable
- Traders from 41 countries and territories, including the US, not accepted
Other Match-Trader Prop Firms
Rhodium FX is a Match-Trader-only prop firm with no time limits and a static maximum loss. The FundedTrading prop firm comparison tool lines up fees, drawdown type and profit split across firms side by side. The FundedTrading firm finder filters challenges by platform, account size and evaluation type.
Rhodium FX FAQ
Is Rhodium FX legit?
Rhodium FX is a forex prop firm registered in Dubai as RHODIUM FX - FZCO, company registration number 60279, at Dubai Digital Park, Dubai Silicon Oasis. Rhodium FX names its CEO, Philip H. van den Berg, publishes its full rules on its website and settles disputes through the Dubai International Arbitration Centre. As of October 2026, Rhodium FX holds a 4.4 TrustScore from 18 Trustpilot reviews.
What is the Rhodium FX coupon code?
The FundedTrading coupon code for Rhodium FX is FT20. FT20 takes 20% off the Rhodium FX challenge fee at checkout. With FT20, the $40 Classic $5K challenge costs $32 and the $419 Classic $100K challenge costs $335.20. More codes are on the prop firm discount codes page.
Is Rhodium FX the same company as Rhodium Forex?
Rhodium FX and Rhodium Forex are separate companies. Rhodium FX, operated by RHODIUM FX - FZCO in Dubai, states that it shares no ownership, staff or accounts with Rhodium Forex, a different business that closed in 2016.
What challenge types does Rhodium FX offer?
Rhodium FX offers three challenge types. Fast Track is one phase with a 10% target on accounts from $1,500 to $12,000. Classic is two phases with 7% and 6% targets on accounts from $5,000 to $100,000. Legacy is three phases with 4%, 5% and 6% targets on accounts from $5,000 to $100,000.
What is the Rhodium FX profit split?
Rhodium FX pays an 80% profit split on every funded account. The Profit Split Booster raises the split to 90% when bought at checkout on Classic and Legacy accounts from $5,000 to $50,000. Rhodium FX excludes $100,000 accounts and all Fast Track accounts from the Booster.
How fast does Rhodium FX pay out?
Rhodium FX processes approved payouts within 48 hours, Monday to Friday. The first payout becomes available 14 days into the funded account, and later payouts run on a bi-weekly cycle. Rhodium FX requires 3 profit days of at least 1% net closed profit before each payout.
How does Rhodium FX send payouts?
Rhodium FX sends payouts in crypto, according to its FAQ. Every payout goes through KYC and AML checks and approval by the Rhodium FX Trading Team. Rhodium FX sets no minimum or maximum payout amount per cycle.
What platform does Rhodium FX use?
Rhodium FX uses Match-Trader for every challenge and funded account. Match-Trader runs in a web browser and on mobile, with TradingView charts built in at no extra cost. Rhodium FX does not offer MetaTrader 4, MetaTrader 5 or cTrader.
Is there a time limit on the Rhodium FX challenge?
Rhodium FX sets no time limit on any challenge phase. Classic requires at least 3 trading days per phase. Fast Track and Legacy have no minimum trading days.
Does Rhodium FX allow news trading?
Rhodium FX bans opening, adding to or modifying positions from 15 minutes before to 5 minutes after a high-impact news release. Traders can close positions inside that window to reduce risk. Rhodium FX may remove profits from trades made inside the window.
Can I use EAs or copy trading at Rhodium FX?
Rhodium FX bans EAs, bots, trade copiers, API automation and signal mirroring on every account. Every Rhodium FX trade must be placed manually and must carry a stop loss and a take profit.
Which countries are restricted at Rhodium FX?
Rhodium FX does not accept traders from the United States, the United Arab Emirates, India, Malaysia, Vietnam, Poland, Russia or Israel, among others. The full list of 41 restricted countries and territories is on the Rhodium FX restricted countries page and can change.
Is Rhodium FX regulated?
Rhodium FX states that it is not a licensed or regulated financial services provider and holds no brokerage, clearing or financial services license. Rhodium FX runs evaluations and funded accounts in a simulated environment and pays traders a contractual profit share.
Start a Rhodium FX Challenge with FT20
Enter FT20 at checkout for 20% off. Fast Track, Classic and Legacy challenges from $22, no time limits, bi-weekly payouts.
Start at Rhodium FX with Code FT20

