RISK
Trading carries substantial risk of loss. Prop evaluation fees are typically non-refundable and the majority of traders do not pass first attempts. This comparison is for informational purposes only and does not constitute financial advice. Read full risk warning
HEAD-TO-HEAD COMPARISON · 2026
Nordic Funder vs Simplex Trading
Side-by-side comparison of trust scores, profit splits, payout speed, and real trader reviews. Independent data — no sponsored rankings.
NFND
Nordic Funder
EST. 2022
SPLX
Simplex Trading
EST. 2004
NORDIC FUNDER
METRIC
SIMPLEX TRADING
69/100BETTER
TRUST SCORE
—0/100
0/5TIE
RATING
TIE0/5
80%
PROFIT SPLIT
—
$200,000
MAX FUNDING
—
$59
MIN COST
—
7d
PAYOUT DAYS
—
—
PASS RATE
—
0TIE
REVIEW COUNT
TIE0
NORDIC FUNDER DETAILS
- STEPS
- 2-phase
- DRAWDOWN
- Fixed
- MARKETS
- Forex, Indices, Commodities, Metals
- PLATFORMS
- MT4, MT5
- TYPES
- forex
SIMPLEX TRADING DETAILS
- STEPS
- -phase
Nordic Funder PROS
- +Min challenge cost of $59 is well below the industry average of $186.7
- +On-demand payouts offer faster access to profits than monthly or bi-weekly alternatives
- +Weekend holding, news trading, and EA use are all permitted, maximising trading flexibility
- +Both MT4 and MT5 are supported, covering the most widely used retail trading platforms
Nordic Funder CONS
- −Profit split of 80% is below the industry average of 84.7%
- −Max funding of $200,000 is well below the industry average of $839,272.7
- −Overall drawdown of 8% is slightly above the industry average of 7.9%, offering marginally less buffer
Simplex Trading PROS
- +Founded in 2004, giving Simplex Trading over 20 years of operational history, suggesting longevity.
- +US-based firm operating in a well-known financial jurisdiction.
- +Long track record may indicate institutional-level stability compared to newer prop firms.
- +No further data is available to substantiate additional pros at this time.
Simplex Trading CONS
- −No key metrics such as profit split, drawdown, funding levels, or challenge cost are provided.
- −Absence of platform and market data makes it impossible to assess trading conditions.
- −Traders cannot compare Simplex Trading against industry averages without core financial data.
PROPDNA VERDICT
RELATED LINKS
Affiliate disclosure: PropDNA may earn a commission if you start a challenge through links on this page. Scores are calculated algorithmically from verified trader reviews — not influenced by commercial relationships.Privacy Policy