FXIFY

FXIFY offers funded trading opportunities through a structured evaluation process. With account sizes ranging from $1,000 to $400,000, traders can choose between instant, lightning, one, two, or three-step challenges to suit their risk tolerance and trading goals.

The prop firm also provides add-ons for features like faster payouts, increased leverage, and higher profit splits, though these come at an additional cost.

Challenges and Fees

FXIFY offers five evaluation programs, with an instant account, lightning, and one-step, two-step, and three-step challenges available:

1. Instant Funding: Provides immediate access to trading capital with no evaluation requirements and payouts every 14 days.
2. Lightning Challenge: A 7-day evaluation with a consistency rule and mandatory stop-loss on every trade.
3. One Phase Challenge: A single-step process ideal for experienced traders seeking fast-track funding.
4. Two Phase Challenge: Designed for disciplined traders,
5. Three Phase Challenge: Geared toward traders focusing on gradual progression.

Trading fees include spreads as low as 0 pips (raw accounts) with a $6 commission per lot or higher spreads with no commissions. Add-ons, such as increased leverage or bi-weekly payouts, provide flexibility but add to the base fee.

Funded Accounts and Payouts

Funded traders receive an 80% profit split, upgradeable to 90% with an add-on. Initial payouts can be requested immediately after the first profitable trade, while subsequent withdrawals are scheduled monthly or bi-weekly (with the relevant add-on).

FXIFY offers scaling opportunities, with accounts growing by 25% for traders achieving a 10% return within three months. Accounts can double in size every three months, potentially reaching $4 million for consistent performers.

Trading Platforms and Markets

FXIFY supports three major platforms:

• MT4: Suited for automation-focused traders, offering smooth performance with Expert Advisors (EAs).
• MT5: Expands on MT4 with additional timeframes, order types, and market depth for advanced strategies.
• DXTrade + TradingView: Combines DXTrade’s customisability with TradingView’s charting tools, ideal for manual traders prioritising analysis.
  Markets include 42 forex pairs, 13 indices, 7 commodities, 30 stocks, and 7 cryptocurrencies, though the selection varies by platform.

Trust and Support

FXIFY maintains a 4.1/5 rating on TrustPilot, with traders praising its flexibility and payout processes. However, some reviews highlight slower payouts and occasional support delays.

The prop firm’s large Discord community fosters collaboration, while its limited educational resources may require traders to seek learning materials externally.

Final Verdict

FXIFY offers a good mix of flexible evaluation challenges, platform choices, and add-ons for customisation. While the scaling plan and profit splits are strong, the lack of detailed trading cost transparency and limited educational content might deter some traders.