Plan card · Strix Options Funding
Strix Options Funding Express Review (2026): 8% Target, Prices & Payouts
By Steve H — reads every firm’s official rulebook, checks prices and codes daily, and maintains the Enigma Score · Methodology · Editorial policy · Last updated October 25, 2026
In short: Strix Express is Strix Options Funding's cheapest evaluation: a one-time fee of $119, $179, $229 or $339 for 10K to 100K ($53.55 to $152.55 with our code FE), an 8% target, a 4% intraday trailing drawdown, buy-only calls and puts, no consistency rule and no daily loss limit.
lowest price, 8% target
Strix Options Funding Express key facts
| Fact | Strix Options Funding Express |
|---|---|
| Account sizes | 10K / 25K / 50K / 100K |
| Price (one-time) | $119 / $179 / $229 / $339 |
| With code FE (55% off) | $53.55 / $80.55 / $103.05 / $152.55 |
| Profit target (8%) | $800 / $2,000 / $4,000 / $8,000 |
| Trailing drawdown (4%, intraday) | $400 / $1,000 / $2,000 / $4,000; locks at the starting balance once funded |
| Daily loss limit · consistency | None · none |
| Minimum days · deadline | None · none (evaluations never expire) |
| Strategies | Buy-only: single-leg long calls and puts |
| Activation fee (one-time, not discounted) | $69 / $89 / $119 / $149 |
| Reset | One per evaluation, 10% off what you paid |
| Payout rule | 8 qualifying winning days ($100 / $100 / $150 / $200+), up to 50% of profit |
| Payout minimum | $250 / $500 / $1,000 / $2,000 |
| Caps, payouts 1-4 | 100K $2,000 / $3,000 / $4,000 / $10,000 · 50K $1,000 / $1,500 / $2,000 / $5,000 · 25K $1,000 / $1,000 / $1,500 / $2,500 |
| Profit split | 80/20 |
| Live (discretionary) | $12,500 / $25,000 / $50,000 at Interactive Brokers (no 10K) |
Last verified 2026-10-25 (October 25, 2026) against Strix Options Funding’s own pages.
How much does Strix Options Funding Express cost with code FE?
From $53.55 (Express, 10K) with code FE. List prices and the discount are updated daily; activation fees, where a plan has one, are charged only after passing and are shown as total cost.
| Variant | Size | List | With code | Off | Target | Max loss | Daily loss | Reset | Total cost |
|---|---|---|---|---|---|---|---|---|---|
| Strix Options Funding Express | 10K | $119 | $53.55 | 55% | $800 | $400 (Intraday Trailing) | None | $107.1 | $122.55 (incl. $69 activation after passing) |
| Strix Options Funding Express | 25K | $179 | $80.55 | 55% | $2,000 | $1,000 (Intraday Trailing) | None | $161.1 | $169.55 (incl. $89 activation after passing) |
| Strix Options Funding Express | 50K | $229 | $103.05 | 55% | $4,000 | $2,000 (Intraday Trailing) | None | $206.1 | $222.05 (incl. $119 activation after passing) |
| Strix Options Funding Express | 100K | $339 | $152.55 | 55% | $8,000 | $4,000 (Intraday Trailing) | None | $305.1 | $301.55 (incl. $149 activation after passing) |
Who is Strix Options Funding Express for?
- You buy calls and puts and want the lowest price at Strix
- A lower 8% target, with a one-time fee
- You're fine with a drawdown that trails in real time
What is Strix Options Funding Express?
It is Strix Options Funding's lower-target, lower-price evaluation: the same one-time fee model and funded stage as the Strix Plan, with an 8% target against a 4% drawdown that trails in real time.
What are the Strix Options Funding Express rules?
Hit the 8% target without touching the 4% trailing drawdown, whose floor follows your equity peak in real time, intraday. There is no consistency rule, no daily loss limit, no minimum days and no deadline. Express is buy-only: single-leg calls and puts; opening any short leg needs Strix Pro. Expiring options are closed for you at 3:55 PM ET (4:10 PM for SPY, QQQ, IWM and DIA).
Options only, on 180 approved tickers (SPY, QQQ, SPX, SPXW, IWM, NVDA, TSLA and more); no stock trading in the evaluation or funded. Overnight and weekend holds and CPI, FOMC and earnings trading are allowed. There is no API or automation: every order is placed by hand on RixTrade, a web platform that also runs in a mobile browser. Up to 10 evaluation or funded accounts at once.
How much does Strix Options Funding Express cost?
$119 for the 10K, $179 for the 25K, $229 for the 50K and $339 for the 100K, paid once. Our code FE takes 55% off: $53.55, $80.55, $103.05 and $152.55. When you pass, a one-time activation fee of $69, $89, $119 or $149 is charged to go funded; the code does not discount it. One reset per evaluation costs 10% less than you paid.
Our code FE takes 55% off every Strix Options Funding evaluation at checkout through our link. Affiliate link: FundedEnigma may earn a commission at no extra cost to you.
How do Strix Options Funding Express payouts work?
Funded, each payout needs 8 qualifying winning days in the cycle (not in a row): $100 on the 10K or 25K, $150 on the 50K, $200 on the 100K. Then take up to 50% of profit, from $250, $500, $1,000 or $2,000, capped for payouts 1 to 4 (the 100K at $2,000, $3,000, $4,000 and $10,000), at 80/20.
Payouts go by ACH or wire from Mercury (international wire outside the US) after an ID and selfie check before the first one; approved payouts typically clear within a few business days. From the second payout, your balance at request time must sit at least $1 above the balance at your last request.
What happens after you pass Strix Options Funding Express?
The funded drawdown keeps trailing in real time until the floor reaches your starting balance, then locks there. There is no consistency rule once funded, and a breached funded account is closed for good.
Live is at Strix's discretion: you cannot apply. A Live Program Notice gives you 30 days to answer. Accepting closes every evaluation and funded account and cancels pending payout requests unpaid; declining closes your accounts and pays pending requests capped at $3,000 in total. The one live account, with real capital at Interactive Brokers, is 50% of your largest funded plan ($12,500, $25,000 or $50,000; 10K accounts are not eligible), defined-risk positions only, with a daily loss limit until the floor locks, 80/20, a $100 minimum and no cap.
How does Strix Options Funding Express compare to Options Funding Express 100K?
Options Funding Express 100K scores 4.3/10 against Strix Express 100K's 5.4. Both are buy-only with an intraday drawdown, but Options Funding asks a 10% target and bills $155.60 a month with that firm's code until you pass; Strix Express is $152.55 once with code FE.
Every Strix plan is compared side by side on the Strix Options Funding page, and any two firms on the comparison hub.
Is Strix Options Funding Express worth it?
The 100K rates 5.4/10 (Fair). It suits options traders who buy calls and puts and want the lowest price and an 8% target. The intraday trailing drawdown, the activation fee, 8 winning days per payout and the 80/20 split are the trade-offs.
Scores follow the Enigma Rating method: value, risk cushion, payout reach and pass ease.
What does the funded Strix Options Funding Express account look like (50K)?
- Drawdown
- Intraday Trailing · $2,000
- Consistency
- None
- Payouts
- 8 qualifying winning days per payout
- Minimum payout
- $1000
- Position limit
- No published contract limit
- Profit split
- 80/20
Strix Express 50K: $229 one-time evaluation fee ($103.05 with our code FE, 55% off), $119 one-time activation fee to go funded (not discounted by the code); 8% target $4,000, 4% intraday trailing drawdown $2,000 (the floor is watched in real time; once funded it locks at the starting balance $50,000); strategies: buy-only: single-leg long calls and long puts (selling to close what you own is allowed); no consistency rule, no daily loss limit, no minimum days, no deadline; funded 80/20: each payout needs 8 qualifying winning days of $150+ realized profit (not consecutive) and pays up to 50% of profit, min $1,000, caps payouts 1-4 $1,000 / $1,500 / $2,000 / $5,000; ACH or wire from Mercury after ID + selfie KYC. Live (Strix's discretion): $25,000 live capital, $2,500 trailing drawdown, $750 daily loss limit until the floor locks; accepting cancels pending payout requests unpaid, declining pays them capped at $3,000
Strix Options Funding Express — frequently asked questions
- How much does Strix Express cost?
- $119, $179, $229 or $339 once for the 10K, 25K, 50K or 100K. Our code FE takes 55% off: $53.55, $80.55, $103.05 or $152.55, plus a $69 to $149 activation fee when you go funded.
- What is the Strix Express profit target?
- 8%: $800, $2,000, $4,000 or $8,000, against a 4% trailing drawdown of $400, $1,000, $2,000 or $4,000.
- Is the Strix Express drawdown intraday?
- Yes. The floor follows your equity peak in real time; on the Strix Plan and Strix Pro it moves up only at the close.
- Does Strix Express have a consistency rule?
- No. There is no consistency rule and no daily loss limit, in the evaluation or funded.
- How do Strix Express payouts work?
- After 8 qualifying winning days in the cycle, take up to 50% of profit, from $250 to $2,000 by size; the 100K's fourth payout cap is $10,000. The split is 80/20.
- Can I trade spreads on Strix Express?
- No. Express is buy-only calls and puts; credit spreads, iron condors and other short legs need Strix Pro.
1 variants · 10K / 25K / 50K / 100K · plan rules written up on 2026-10-25; facts last verified against Strix Options Funding on 2026-10-25.