Genesis Forex Funds Review: Will They Scam You?

Genesis Forex Funds Review

Hello, Today I’ll Take You Through Genesis Forex Funds Review.

The Genesis Forex Fund Prop Firm Offers To Help You Trade Forex Online And Improve Your Success.

But You Need To Choose Them As Your Trading Company To Make It Work For Building Income.

They give you different assets to trade and let you keep most of your profits.

You can also trade news and use expert advisors to boost your results.

Before funding you, they test your trading skills on their platform.

If you prove yourself, they’ll let you trade with their money.

But is Genesis Forex Funds trustworthy, or just another scam?

Many want to know before joining.

This review will explain everything about Genesis Forex Funds.

I’ll help you figure out if it’s the right platform for reaching your financial goals as a forex trader.

Let’s dive in!

Summary Of Genesis Forex Funds Review

Name: Genesis Forex Funds

Type: Proprietary Firm

Founder: Not Disclosed

Evaluation Fee: Starts from $89 depending on the account size you choose.

Official Site:

Overall Rating: 6/10

My Recommendation: Not for everyone; learn more from the review.

Also Read: Get Funded Now Review

Genesis Forex Funds Review – Overview

Genesis Forex Funds Review

Genesis Forex Funds, a proprietary trading firm based in Delaware, offers a significant capital of up to $500,000 for traders to maximize their online profits.

They feature a single-phase evaluation process, which could expedite your access to a funded account.

The platform imposes no time constraints, allowing traders to operate at their own pace.

Their trading rules are realistic, potentially aiding traders in advancing and succeeding in the market.

However, it’s important to note that there are concerns regarding the lack of transparency about the firm’s ownership.

This absence of identifiable owner information could pose challenges for those seeking to establish trust with the firm’s services.

It’s always advisable to conduct thorough research and due diligence before engaging with any trading platform.

Pros Genesis Forex Funds

  • Offers excellent profit share of up to 80%.
  • Allows you trade news.
  • Available in more than 42 countries.
  • Allows you use expert advisors in your trade.
  • Offers many tradable assets.
  • Allows you trade with a capital of up to $500,000

Cons Of Genesis Forex Funds

  • No refund service mentioned in their platform.
  • No scaling plan is mentioned in their platform.
  • Slightly expensive
  • Does not offer a free trial.

Who Should Sign Up With Genesis Forex Funds?

Genesis Forex Funds Review

Genesis Forex Funds is looking for traders who can take advantage of their funding opportunity.

So, for you to join the platform, you must have trading skills.

In addition, you must be able to trade within their set of rules and regulations.

What Is Genesis Forex Funds?

Genesis Forex Funds Review

This platform provides you with the funding opportunity to trade in the forex market.

The program provides you with various funding options to choose from.

If you want to easily achieve your financial goals, the program allows you choose a higher funding account.

However, if you are a beginner, but have the potential in trading, you can go for a smaller account.

The prop firm covers more than 42 countries.

You only need to pass their evaluation test to get started with a funded account and earn profits from your trade.

By providing you with a bi-weekly payout, the program ensures you get more access to your funds.

According to the information from the website, the company is headquartered in Delaware, US.

It claims to be made up and managed by professional and highly skilled individuals from various disciplines.

Their main goal of working together being to empower you trade and succeed in your trading career.

In so doing, the program claims to bring expertise, passion, and dedication to forex trading.

But, the website fails to provide the ownership identity especially for these expertise to enable you learn their background information.

Instead, the platform have a live chat program which is claimed to be active on a 24/7 basis.

By joining the platform, the program allows you become part of their discord community.

This enables you interact with many other professional.

How Does Genesis Forex Funds Work?

Genesis Forex Funds Review

The prop firm works by providing you with the opportunity to trade in the forex market using their capital.

This process is breakdown into three main stages which you must pass through to succeed in your trading journey.

The stages are as follows;

Stage One: Getting Started

This is the initial stage that welcomes you to the platform to commence your trading journey.

In this stage, you’ll need to join the platform by submitting your personal information which must truly identify you.

During this stage, you will be required to choose your funding program and the account size you want to use in trading.

The account size you choose will determine the funding capital you will receive when you get to funded stage.

For instance, if you decide to choose a $10,000 account size, you will receive a funding equivalent to the size which in this case is $10,000.

Here are the available account sizes in the Genesis Forex Funds platform you can choose;

  • $5,000 account size.
  • $10,000 account size.
  • $25,000 account size.
  • $50,000 account size.
  • $100,000 account size.
  • $200,000 account size.
  • $500,000 account size.

Account Payment

After choosing your preferred account, you must make the payment of the registration fee for you to get access to it.

The registration fee is determined by the account size you choose as each one of them having a unique price.

A detailed explanation of the payment process awaits you in the lower section of this review, please go through it carefully before you make your payment.

After making your payment, it will take less than three business days for the processing to complete after which you will get your login credentials.

The company sends the login credentials via your email which you will use to access your trading account.

Stage Two: Challenge

This is the second stage of your trading journey which introduces you to the trading process.

In the challenge stage, you are required to showcase your trading skills and experience to prove your ability to trade in the market.

The prop firm only have a single phase challenge which means you will only have to pass one stage to move to funded account.

To pass this stage, you are required to pass a set profit target while respecting the other trading rules set in the program.

I have covered both the targets and the other trading rules you need to respect in the next section of this review.

Note that this stage makes use of a demo environment where you will be trading on a virtual funds instead of real money.

This makes you worry less of losing real funds in case you make loses in your trading journey in the platform.

However, the trading process simulates the real trading with the same latency as trading in the live market with a funded account.

This means that the experience you gather while trading in the challenge will directly help you in trading with a live funded account.

Stage Three: Genesis Funded Trader

This is the last stage of your trading journey with the Genesis Forex Funds platform where you will be trading on a live funded account.

By successfully passing your challenge, the prop firm provides you with a capital equal to your initial account balance.

This enables you start trading with real funds in the live market and earn profits as you can based on your skills.

In this stage, the program allows you withdraw your profits to enable you build an income stream with your funds.

There is no profit target set for you in the funded stage allowing you trade at your own set targets in the platform.

In addition, the prop firm does not limit you on the amount you can withdraw from your trading account.

Provided your account balance is higher than initial balance, you will be able to make withdrawal at the dedicated time.

To understand more, let us now look at the trading rules set in the platform;

What are the trading rules used in Genesis Forex Funds?

Genesis Forex Funds Review

The Genesis Forex Funds platform has specific trading rules you need to follow to succeed:

Profit Targets

You need to reach a profit target of 10% of your initial account balance to move to the funded account phase.

For example, if your account size is $10,000, you must make $1,000 profit.

Maximum Trading Period

There’s no time limit for trading, but you must spend enough time to pass each stage.

You can trade for as long as you want, as long as you follow other rules.

Minimum Trading Days

You can pass a stage in as little as one day.

Trading Leverage

You can trade with a leverage of 1:100.

Maximum Daily Loss

Your daily loss limit is set at 5% of your initial account balance.

For a $10,000 account, that’s a maximum loss of $500 per day.

Maximum Overall Loss

You can’t lose more than 10% of your initial account balance throughout your trading journey.

Weekend Holding

You can hold trades over the weekends during the challenge stage, but not in the funded stage.

News Trading

You’re allowed to trade news, but you must adhere to platform terms to avoid risking your account being suspended.

Profit Share

You can earn up to 80% of your total profits. For example, if you make a $1,000 profit, you can withdraw $800, with the program taking the remaining $200.

This profit-sharing model is considered generous in the forex market.

Important: Kortana FX Review

What Trading Instruments Are Allowed In Genesis Forex Funds?

Genesis Forex Funds Review

The Genesis Forex Funds platform allows you to trade more than 300 assets online including the following;

  • Forex pairs
  • Metals
  • Oil
  • Cryptocurrencies
  • Indices
  • Stock CFDs

Which Broker Does Genesis Forex Funds Use?

The Genesis Forex Funds platform partners with the Eightcap as their trusted broker to ensure all your trades and funds are safe in the market.

The Eightcap Company is a legally regulated broker with positive reputations online based on their activities.

For this reason, partnering with the broker makes the platform a more secure firm to place your trades with minimized risks.

What Is The Cost Of Joining The Genesis Forex Funds?

Genesis Forex Funds Review

The cost of joining the Genesis Forex Funds is a one-time registration fee determined with the account size you choose in the platform.

Here are the different account sizes account sizes available in the platform with their corresponding prices;

  • $5,000 account size which costs $89.
  • $10,000 account size which costs $119.
  • $25,000 account size which costs $247.
  • $50,000 account size which costs $347.
  • $100,000 account size which costs $497.
  • $200,000 account size which costs $897.
  • $500,000 account size which costs $2197.

Is There A Refund Policy On The Genesis Forex Funds Registration Fee?

There is no any information disclosed in the Genesis Forex Funds talking about a refund policy services.

This means that there is no guarantee that you may get a refund from the platform if you decide to quite it.

However, to get a waiver of the higher registration fee, the company offers you a discount of up to 25%.

To claim this waiver, you are required to use a code provided in the official website of the company.

What Is The Payouts System Used By Genesis Forex Funds?

Genesis Forex Funds process their payments via cryptocurrency.

If you make a withdrawal request in the platform, it may take a maximum of three business days for the processing to complete.

During this period, you will not be required to place any trade in the platform as the company tries to minimize risk and safeguard your profits.

To be eligible for your withdrawal request, you must have traded with a live funded account for the last fourteen days.

In addition, your account size must also have profits which makes it higher than initial balance.

When your first withdrawal is successful, you will be eligible to make your second and subsequent withdrawals after every thirty days.

Is Genesis Forex Funds A Scam?

In my opinion, Genesis Forex Funds is not a scam.

The prop firm provides different funding amounts with a maximum capital of up to $500,000 to their traders.

This means that you can choose an account with a higher capital and use it to trade to get a higher outcome.

On the other hand, the prop firm have zero minimum trading days and a single phase evaluation.

This makes it a suitable option for traders who want to spend the shortest time possible to reach a funded account.

You can take less than a day to complete your challenge test and move to funded account where you will start earning real money.

However, the company is only looking for profitable traders who can trade within their rules and maintain good consistency.

To trust your process, the prop firm first takes you through a test where you will be required to showcase your trading skills.

So if you are not a skilled or talented trader, then you will possibly not manage to succeed in joining this platform.

On the other hand, the prop firm registration fee is slightly higher with no refund making it relatively expensive to many.

So, you must first test your confidence and be able to take risk that is if you are not an experienced trader, before you can join the platform.

My Assessment of Genesis Forex Funds Prop Firm

Profits Split: 6/10

Genesis Forex Funds offers the best profit share allowing you to pocket up to 80% of the total profits you make from your trade.

However, you first earning will be 50% while the second earning will be 70% before you can be moved to a maximum earning of 80%.

This makes it one of the best-paying prop firms in the forex market especially for traders who want to rapidly increase their earnings.

Scaling Opportunities: 1/10

There is no scaling plan mentioned in the Genesis Forex Funds platform.

This means that there is no guarantee of your account size being scaled in the program in case you want to rapidly grow it.

You will have to rely on increasing your profitability for you to grow your trading account in the platform.

Profits Targets: 8/10

The profit target of foe the one step challenge in the platform is realistic for most traders who would like to quickly move to the funded account.

It is within the range used by most prop firms with a one-step challenge in their evaluation process.

Affordability: 5/10

The Genesis Forex funds platform is slightly expensive which means that you will possibly have to spend more to get an account.

For instance, the company charges 89 dollars to own a $5,000 account size which you can purchase by as less as 50 dollars in some prop firms online.

In addition, there is no refund policy that can help you reclaim this fee which makes it expensive.

Trader Supports: 3/10

Genesis Forex Funds platform does not disclose any information about their owners in the platform.

This makes it difficult to trust their support team claiming to be available on a live chat on a 24/7 basis in the platform.

Tradable Assets: 8/10

There are many assets you can trade in the platform making it easy for everyone to trade in their platform.

By choosing your favorite asset to trade, you will possible increase your chances of success in the platform.

On the other hand, it makes it easy for different traders to choose their trading destiny in the platform.

Trustworthiness: 4/10

Based on the information provide in the Genesis Forex Funds platform, trusting the company can only be cited to their reliable broker.

However, failing to provide their ownership identity makes it difficult to fully trust their services online.

This reduces their trust score from most of traders who might want to join the platform.

My Overall Rating is 6/10

Overall, I consider the Genesis Forex Funds platform to be one of the top-growing prop firms in the forex market, offering substantial capital to traders.

It provides a quick path to becoming a funded account, often taking less than a day.

Additionally, the program partners with a reputable broker, ensuring the safety and security of all your trades and funds.

What Are People Saying

Here are what people are saying about Genesis Forex Funds prop firm online;

The Genesis Forex Funds Review Trustpilot

The Genesis Forex Funds platform is poorly rated in the Trustpilot platform from a sample of 124 reviewers (March 15, 2024).

Genesis Forex Funds Review

Out of these sample reviews, the platform managed to get 43% of reviewers giving it a five-star rating making it a 2.7/5 star rating.

Genesis Forex Funds Review

Moving on to the comment section, most reviewers are complaining about the payout system for Genesis Forex Funds being poor and disappointing.

Most of the reviewers cite the prop firm as a scam due to the payout issues which they claim to be much delaying and are easily denied with no genuine or satisfying reasons.

For instance, LuckRoo gives the platform a one star rating claiming that there is no payouts in the company.

According to the reviewer, the company stated paying out well and suddenly decided to stop payments.

Here are the reviewer’s reactions to the experience with Genesis.

Forex Funds platform;

Genesis Forex Funds Review

On the other hand, Baptiste Dumont another reviewer is giving the platform a five star rating claiming that it has a 10/10 best service.

Baptiste claims that the Genesis Forex Funds Company has the best servers with good incentives online.

Genesis Forex Funds Review


Genesis Forex Funds also has an Instagram page with 24 post and more than 9,000 followers online.

FAQs About Genesis Forex Funds

How Many Accounts Can I Have On The Genesis Forex Funds?

Genesis Forex Funds platform allows you own as many accounts as you have provided each of them have a capital less than the maximum allocated amount.

This provides you with a better opportunity to increase your earnings in the platform with your targeted profits coming from different accounts.

It is also a better way to expand your trading in the platform being that it lacks a scaling opportunity to traders.

How Long Will I Have To Wait For My Account Credentials After Making My Payment In The Genesis Forex Funds?

After you have completed your payment in the Genesis Forex Funds platform, it will take you not more than ten minutes to receive your account credentials.

The platform will establish your trading account and send to you the login credentials via your email address to enable you get started with your trade.

If it takes longer than the stated time, the program encourages you to contact their support team for help on how to recover your logins.

What Happens If I Break A Consistency Rule In The Genesis Forex Funds?

If you are not consistent in your trading, you can find yourself in a situation where your account is facing the consistency rule problems.

However, the prop firm will not suspend your account, instead, a certain amount of profits will be deducted from your account.

If the deduction of profits are successful, your account will be reset back to original balance giving you a second chance to trade in the platform.

How Soon Can I Become A Funded Trader In The Genesis Forex Funds After Passing My Evaluation Process?

After you successfully pass your one-step evaluation, you will be required to complete your KYC verification.

Upon completion of the KYC verification, it will take a maximum of three working days for the processing to complete.

You will then receive your logins information between the first and third day period which will enable you start trading on live market.

How Does Genesis Forex Funds Platform Work With Affiliates?

The Genesis Forex Funds platform also partners with affiliates to market their services online.

As an affiliate, you will be required to sell their services and get a commission which is paid inform of crypto.

You’ll also get a customized offering which include getting access to the dedicated account manager in the platform.

Thank you for reading my Genesis Forex Funds Review.

If you have additional information regarding this prop firm, I will be happy to get your response in the section below.

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