Crypto prop trading
Phemex Prop Firm — trade a funded crypto challenge
ZoneX is an exchange-agnostic crypto prop trading firm. Configure a Challenge on Phemex live market data, prove your edge in one simulated evaluation phase, then go through the funded-stage review.
Perpetuals · Spot · Account sizes $5,000 to $400,000 · Independent of Phemex
What a “Phemex prop firm” actually means
Phemex traders get the same ZoneX structure: one simulated evaluation phase, a fixed daily drawdown floor and a separate funded-stage review.
Phemex itself does not fund traders. What traders search for is a proprietary trading firm whose evaluation runs on the Phemex market they already trade — and, ideally, one that also lets them keep trading their own Phemex account in the same interface. That is what ZoneX provides.
Phemex users looking for an evaluation with transparent rules and no hidden consistency clause.
How the ZoneX Challenge works
1. Build your Challenge
Pick Phemex as your market, your account size between $5,000 to $400,000, spot or futures, and your performance split.
2. Pass one simulated phase
Hit the profit target without breaching the daily drawdown floor or total loss limit. No minimum trading days, no deadline, no consistency rule.
3. Funded-stage review
Passing opens a review. A funded arrangement starts only once the funded-stage documents are accepted and the account is activated.
- Every trade needs a stop-loss; risk per trade is capped by your trading style.
- A fixed daily drawdown floor recalculates from each new daily starting balance at 02:00 CET.
- Free Challenge retry is available under the published retry conditions.
- Performance split is the percentage selected at purchase, and applies only after a separate funded-stage review.
Simulated evaluation vs. your own Phemex account
Challenge: a paid simulated evaluation. It prices against Phemex live market data, but orders never reach Phemex and evaluation profits are not withdrawable.
ZoneX Terminal: free, non-custodial software. Connect your own Phemex account via API — trading enabled, withdrawals disabled — and your assets stay on Phemex.
ZoneX vs. a typical prop firm for Phemex traders
| Criterion | ZoneX | Typical crypto prop firm |
|---|---|---|
| Evaluation phases | One simulated phase | Two phases plus verification |
| Exchange choice | Phemex and 12 other supported exchanges | One in-house feed you cannot choose |
| Minimum trading days | None | Fixed minimum before any review |
| Time limit | No deadline on the evaluation | 30-day countdown |
| Consistency rule | No consistency rule | Best-day caps applied after the fact |
| Personal trading | Free Terminal for your own Phemex account | Evaluation product only |
Frequently asked questions
Is there a prop firm for Phemex traders?
Yes. ZoneX is an exchange-agnostic crypto prop trading firm and Phemex is one of its 13 supported exchanges. You choose Phemex when you configure your Challenge, and the evaluation runs as a simulated account on Phemex live market data.
Do my orders go to Phemex during the Challenge?
No. A ZoneX Challenge is always a simulated evaluation. It uses Phemex live market data for pricing, but no order reaches Phemex and no money of yours is traded. Live execution on your own Phemex account happens only in the standalone ZoneX Terminal, using your own API connection.
Can I connect my own Phemex account?
Yes, in the free ZoneX Terminal. You create an API key on Phemex with trading enabled and withdrawals disabled, and your assets stay in your own Phemex account. That is separate from any Challenge you purchase.
How do I get a funded Phemex trading account?
You pass one simulated evaluation phase under the published Challenge Rules. Passing does not automatically create a funded arrangement: it opens a review, and a funded stage begins only after the funded-stage documents are accepted and the account is activated.
Which Phemex markets are covered?
Perpetuals · Spot. Market availability follows what ZoneX supports for Phemex at the time you trade.
Is ZoneX affiliated with Phemex?
No. ZoneX AG (CHE-192.381.383) is an independent Swiss technology company. Phemex is named here only to describe supported market data and Terminal connectivity. All trademarks belong to their respective owners.
Start your Phemex challenge
Configure the account size, market and split you want, then prove your edge on Phemex market data.
Prop firm challenges on other exchanges
ZoneX AG is not affiliated with, endorsed by or sponsored by Phemex. The Phemex name is used only to describe supported market data and Terminal connectivity. All trademarks are the property of their respective owners.
ZoneX Challenges are paid simulated evaluations; evaluation profits are not withdrawable. Passing does not guarantee an incentive-eligible account, live capital or payment. Eligibility and refund conditions apply.