FXIFY Review: Complete Analysis of a Top Prop Firm
5.0

FXIFY Review: Complete Analysis of a Top Prop Firm

FXIFY is a modern prop firm offering up to $4,000,000 in trading capital. It provides a top-tier environment with real-time analytics, helping traders sharpen their skills. With customizable accounts, FXIFY suits both fast-paced and relaxed trading styles.

FXIFY website

​In the competitive landscape of proprietary trading, FXIFY has emerged as a notable firm offering traders the opportunity to manage capital without personal financial risk. Established in May 2023 and headquartered in London, UK, FXIFY is managed by co-founders David Bhidey and Peter Brown. The firm provides a structured evaluation process designed to identify and fund skilled traders. This Fxify review aims to offer a comprehensive analysis of FXIFY’s programs, account types, profit-sharing, and other features to help you decide if it aligns with your trading goals.

FXIFY offers multiple evaluation programs, including One-phase, Two-phase, and Three-phase evaluations, tailored to various trading styles and experience levels. Traders who pass can access account sizes up to $400,000. The firm supports a wide range of instruments like forex, commodities, indices, stocks, and cryptocurrencies, encouraging portfolio diversification.

A key feature is its profit-sharing model, offering splits from 80% up to 90% for consistent traders. FXIFY also includes a scaling plan, allowing account growth up to $4,000,000, based on performance.

This Fxify review explores FXIFY’s evaluation process, platforms, fee structure, and more. Whether you’re an experienced trader or just starting out, understanding FXIFY’s offerings is crucial before joining. If you’re looking for a transparent and scalable prop firm, this Fxify review will guide your decision.

Who is FXIFY?

FXIFY is a proprietary trading firm founded in May 2023, operating under the legal name FXIFY Solutions Limited. Headquartered at Unit 1, 74 Back Church Lane, London, E1 1LX, UK, the firm is led by co-founders David Bhidey and Peter Brown.

The firm offers traders the opportunity to manage account sizes up to $400,000, with the potential to scale up to $4,000,000 in risk capital through its scaling plan. Traders can earn profit splits starting at 80%, with the possibility of increasing up to 90% based on performance.

FXIFY prop firm provides access to a wide range of financial instruments, including forex pairs, commodities, indices, stocks, and cryptocurrencies. The firm partners with FXPIG as its broker, offering trading platforms such as MetaTrader 4 (MT4) and MetaTrader 5 (MT5).The firm’s flexible evaluation programs, diverse instrument offerings, and competitive profit-sharing model position FXIFY as a notable option for traders seeking substantial capital and a supportive trading environment. This Fxify review highlights what sets the firm apart in the prop trading industry.

Brokers That Are Used By FXIFY

FXIFY collaborates with FXPIG as its primary broker, ensuring traders receive a seamless and efficient trading experience. Established in 2010, FXPIG is a multi-asset broker known for its institutional-grade liquidity, offering true Straight Through Processing (STP) execution with latency as low as 10 milliseconds. This enables traders to benefit from direct market access, minimal slippage, and competitive spreads.

Through its partnership with FXPIG, FXIFY grants traders access to a diverse range of over 300 financial instruments, including forex pairs, commodities, indices, stocks, and cryptocurrencies. Traders can execute their strategies using industry-leading platforms such as MetaTrader 4 (MT4) and MetaTrader 5 (MT5), both supported by FXPIG’s robust infrastructure.

By leveraging FXPIG’s advanced execution model, FXIFY ensures that its traders operate in a transparent and high-performance trading environment, making it a competitive choice in the proprietary trading industry. This Fxify review outlines how its broker partnership enhances the overall trading experience for funded traders.

Who is the CEO of FXIFY?

David Bhidey Co founder of FXIFY

FXIFY is a leading proprietary trading firm co-founded by David Bhidey, Peter Brown, and Bobby Winters. Together, the trio brings over 30 years of combined experience in trading, brokerage, and fintech innovation. While FXIFY operates as a team-driven company, Bobby Winters is one of the most publicly recognized figures among the founders due to his concurrent role as the CEO of FXPIG, a well-established forex brokerage. His leadership across both companies has contributed to FXIFY’s rapid ascent in the prop trading space.

Since its inception, FXIFY has set impressive benchmarks in the industry. In just its first year, the firm paid out over $8.7 million to funded traders and facilitated more than $1.7 trillion in trading volume — achievements that reflect both its scalability and commitment to trader success. As highlighted in this Fxify review, the company’s model emphasizes transparency, accessibility, and a technology-driven approach to modern trading.

With a strong foundation laid by experienced professionals, FXIFY continues to expand its global presence, offering aspiring and seasoned traders the tools, capital, and support needed to thrive in today’s competitive markets. Under its founders’ guidance, FXIFY is well-positioned to remain at the forefront of prop trading innovation.

FXIFY Scaling Plan & Funding Programs

​FXIFY offers a comprehensive suite of funding programs and a structured scaling plan designed to support traders in expanding their trading capital and maximizing profitability. The firm provides four distinct funding programs: Two-phase Evaluation, One-phase Evaluation, Three-phase Evaluation, and an Instant Funding Program.

Overview of FXIFY Funding Programs

ProgramKey FeaturesScaling & Profit SplitWho It’s For?
Two-phase EvaluationProfit targets: 10% in Phase 1 and 5% in Phase 2. <br> – Risk parameters: 5% maximum daily loss and 10% maximum loss. <br> – Leverage up to 1:30. <br> – Minimum trading days: 5. <br> – No maximum trading period.Eligible for a 25% account balance increase every three months upon achieving a 10% net profit, with at least two profitable months. <br> – Profit split starts at 80% and can increase to 90% upon meeting scaling criteria.Traders seeking a structured evaluation process with clear profit targets and risk parameters, aiming for consistent growth and higher profit sharing.
One-phase EvaluationProfit target: 10%. <br> – Risk parameters: 5% maximum daily loss and 6% maximum trailing drawdown. <br> – Leverage up to 1:30. <br> – Minimum trading days: 5. <br> – No maximum trading period.Account balance can scale up by 25% every three months upon achieving a 10% net profit, with at least two profitable months. <br> – Profit split starts at 80% and can increase to 90% upon meeting scaling criteria.Traders preferring a single evaluation phase with defined profit targets and risk parameters, focusing on rapid progression and higher profit sharing.
Three-phase EvaluationProfit targets: 8% in Phase 1, 5% in Phase 2, and 4% in Phase 3. <br> – Risk parameters: 4% maximum daily loss and 5% maximum loss. <br> – Leverage up to 1:30. <br> – Minimum trading days: 5. <br> – No maximum trading period.Scaling plan details not specified. <br> – Profit split starts at 80%.Traders who prefer a gradual evaluation process with lower profit targets and risk parameters, focusing on steady growth and consistent performance.
Instant Funding ProgramImmediate access to funded accounts without evaluation. <br> – Risk parameters: 5% maximum daily loss and 10% maximum loss. <br> – Leverage up to 1:30.Scaling plan details not specified. <br> – Profit split starts at 80%.Experienced traders seeking immediate funding to capitalize on market opportunities without undergoing an evaluation process.

Key Takeaways:

  • Structured Evaluation: FXIFY’s evaluation processes—through its various Fxify challenges—ensure that traders demonstrate consistent profitability and sound risk management before accessing a Fxify funded account. Each challenge is built around clear performance metrics, providing a fair opportunity for serious traders.
  • Scaling Opportunities: Traders can progressively increase their account balance by 25% every three months, provided they achieve a 10% net profit with at least two profitable months. This structured approach is one of the standout features in the Fxify challenge rules, allowing funded traders to grow their capital significantly over time.
  • Profit Sharing: The profit split starts at 80% for the trader and can increase to 90% upon meeting the scaling criteria. This not only rewards consistency but also boosts motivation. Traders who participate in the Fxify competition or challenges benefit from a performance-driven system designed for long-term success.

Overall, FXIFY’s funding programs and scaling plans are designed to reward disciplined and profitable traders, offering a clear pathway to manage increased capital over time. As discussed in this Fxify review, these structured programs provide ambitious traders with opportunities to grow and succeed in the proprietary trading space.

FXIFY Review: How to Get Funded from Start to Finish

Getting funded with FXIFY is a straightforward process designed to support traders at every experience level. Whether you’re a seasoned professional or an ambitious beginner, FXIFY offers multiple programs to match your trading style. Here’s a step-by-step guide on how to get started and secure funding.

1. Create an Account

Visit the official FXIFY website and click on “Start Challenge” or “Get Funded.” You’ll be prompted to create an account by providing your name, email, and password. Once registered, you can access the FXIFY login page to enter your dashboard, where you can choose your preferred funding program and manage your account settings.

2. Choose a Funding Program

FXIFY offers four main funding options, each with different risk profiles and profit targets:

✅ Two-Phase Evaluation

  • Phase 1: 10% profit target
  • Phase 2: 5% profit target
  • Risk Limits: 5% daily loss, 10% total loss
  • Leverage: Up to 1:30
  • Time Limit: No maximum, 5-day minimum per phase
  • Profit Split: Starts at 80%, can increase to 90%

✅ One-Phase Evaluation

  • Profit Target: 10%
  • Risk Limits: 5% daily loss, 6% trailing drawdown
  • Time Limit: No maximum, 5-day minimum
  • Leverage: Up to 1:30
  • Profit Split: Starts at 80%, scalable to 90%

✅ Three-Phase Evaluation

  • Phase 1: 8% profit target
  • Phase 2: 5% profit target
  • Phase 3: 4% profit target
  • Risk Limits: 4% daily loss, 5% total loss
  • Leverage: Up to 1:30
  • Time Limit: No maximum, 5-day minimum per phase
  • Profit Split: Starts at 80%

✅ Instant Funding Program

  • Start trading immediately without passing a challenge
  • Risk Limits: 5% daily loss, 10% total loss
  • Leverage: Up to 1:30
  • Great for confident, experienced traders
  • Profit Split: Up to 80%

3. Pay the Challenge Fee

Each funding program comes with a one-time, refundable fee based on the account size you select (starting from $5,000 up to $400,000). Once you pay the fee, your evaluation account is activated immediately.

4. Complete the Evaluation (If Required)

Trade according to the rules of your selected program. No time pressure, but a minimum of 5 trading days is required. Use risk management wisely to hit your profit targets without violating daily or overall drawdown limits.

5. Get Funded

Once you pass all required phases, you’ll be granted a live funded account. You can then start earning real payouts based on your performance, with profit splits starting at 80% and going up to 90% for top performers.

6. Scale Your Account

FXIFY’s scaling plan allows you to increase your account balance by 25% every 3 months, as long as you achieve:

  • 10% net profit
  • At least 2 profitable months out of 3

Accounts can grow up to $4,000,000, rewarding consistent results and strong risk management.

In this Fxify review, we’ve covered everything from account creation to scaling—giving you a clear picture of how to secure funding and grow with the firm. Whether you’re looking for a quick start with instant funding or prefer a structured evaluation process, FXIFY offers one of the most flexible and trader-friendly funding models in the prop trading world.

Trading Instruments and Platforms at FXIFY

FXIFY offers traders access to a diverse array of trading instruments and platforms, accommodating various trading strategies and preferences.

FXIFY Trading Instruments

Traders at FXIFY can engage with multiple asset classes, including:

  • Forex (FX): Major, minor, and exotic currency pairs — a core offering in the Fxify forex suite.
  • Metals: Precious metals such as gold and silver.
  • Indices: Global indices representing major economies.
  • Cryptocurrencies: Popular digital assets like Bitcoin and Ethereum.
  • Stocks: Shares from various global markets.

This extensive selection enables traders to diversify their portfolios and implement a wide range of trading strategies.

FXIFY Trading Platforms

FXIFY supports several advanced trading platforms to cater to different trading styles:

  • MetaTrader 4 (MT4): Renowned for its user-friendly interface and robust charting tools.
  • MetaTrader 5 (MT5): Offers more timeframes, advanced analysis tools, and a built-in economic calendar.
  • DXTrade: A modern, web-based platform with customizable interfaces, advanced order types, and strong risk management features.

These platforms are designed to offer flexibility and efficiency, allowing traders to execute their strategies effectively.

Leverage and Commissions

FXIFY leverage options are tailored to each asset class:

  • Forex and Metals: Up to 1:30
  • Indices: Up to 1:10
  • Cryptocurrencies and Stocks: Up to 1:2

Commission structures vary based on the account type and trading instrument:

  • Raw Spread Accounts: $6 per lot for Forex, Metals, and Indices
  • All-In Accounts: Zero commissions for Forex, Metals, and Indices
  • Cryptocurrencies: No commissions
  • Stocks: 0.35% round turn

This transparent approach to leverage and commissions ensures that traders can make informed decisions aligned with their risk tolerance and trading objectives.

FXIFY’s comprehensive range of trading instruments and platforms, combined with flexible leverage and transparent pricing, positions it as a compelling choice for traders seeking a versatile and supportive trading environment. This Fxify review highlights why the firm continues to attract traders looking for professional funding opportunities.

FXIFY Trading Conditions: Spreads, Fees, and Rules

FXIFY, a proprietary trading firm, offers traders competitive trading conditions designed to enhance profitability and flexibility. These conditions encompass tight spreads, a transparent fee structure, and well-defined trading rules, all of which contribute to a professional trading environment explored in this Fxify review.

Spreads

FXIFY provides traders with access to raw spreads as low as 0.0 pips on major forex pairs and gold. This is achieved through their partnership with FXPIG, a broker with over a decade of industry experience. Tight spreads enable traders to enter and exit positions at more favorable rates, enhancing overall trade execution. As highlighted in our Fxify review, this feature is especially beneficial for scalpers and high-frequency traders.

Fees

The firm’s fee structure is straightforward and varies depending on the account type and trading instruments:

  • All-In Feed Accounts: No commissions are charged on forex, metals, crypto, and indices.
  • Raw Feed Accounts: Commissions are applied to forex, metals, crypto, and indices.

This transparent pricing model allows traders to anticipate costs accurately and tailor their strategies accordingly.

Trading Rules

FXIFY enforces specific rules to promote disciplined trading:

  • Maximum Daily Loss: Traders must not exceed a 5% loss of the initial account balance in a single day.
  • Maximum Overall Loss: A cumulative loss limit of 10% of the initial account balance is imposed.
  • Profit Target: During the evaluation phase, traders are required to achieve a 10% profit target.
  • Minimum Trading Days: A minimum of 4 trading days ensures consistent trading activity.

These rules are designed to encourage effective risk management and consistent performance. According to this Fxify review, such structured guidelines help traders develop long-term sustainability in their trading careers. For traders opting for immediate capital, the FXIFY Instant Funding rules ensure clarity around risk limits and trading expectations, maintaining the same level of discipline as traditional evaluation programs.

By offering tight spreads, a clear fee structure, and strict trading rules, FXIFY creates a conducive environment for traders aiming to maximize their profitability while maintaining control. The features discussed in this Fxify review make it evident that FXIFY is well-aligned with the needs of serious, strategy-driven traders.

Subscription and Payment Methods at FXIFY

Understanding the subscription process and available payment methods is essential for traders considering FXIFY’s funding programs. FXIFY offers a transparent fee structure with various evaluation options tailored to different account sizes and trading objectives. The firm supports multiple payment methods, ensuring convenience for traders worldwide. As noted in this Fxify review, this section provides an in-depth look at FXIFY’s subscription options, associated fees, payment methods, withdrawal policies, and refund processes.

Subscription Options and Associated Fees

Subscriptions fees FXIFY

FXIFY provides traders with several evaluation programs, each designed to assess trading skills and discipline. The fees for these programs are one-time charges, covering the entire evaluation process. Notably, these fees are refundable upon successful completion of the evaluation and the first profit withdrawal. Below is a breakdown of the available evaluation programs and their associated fees:​

Evaluation ProgramAccount SizeFee (USD)
One-Phase$10,000$75
$15,000$99
$25,000$175
$50,000$325
$100,000$475
$200,000$999
$400,000$1,999
Two-Phase$10,000$75
$15,000$99
$25,000$175
$50,000$325
$100,000$475
$200,000$999
$400,000$1,999
Three-Phase$10,000$59
$15,000$79
$25,000$149
$50,000$249
$100,000$399
$200,000$799
$400,000$1,599

Available Payment Methods

FXIFY offers a variety of secure and convenient payment methods to accommodate traders globally. This flexibility ensures that traders can choose the most suitable option for their needs. The available fxify payout methods include:

Payment MethodAvailabilityProcessing Time
Bank TransferWorldwide1-3 business days
Debit/Credit CardVisa, MasterCard, AmexInstant
PayPalSelected CountriesInstant
CryptocurrencyBitcoin, Ethereum, USDTWithin a few hours

Withdrawal Policies

FXIFY ensures a seamless and efficient withdrawal process for its traders. After successfully completing the evaluation stages, traders on funded accounts can request profit withdrawals. The standard profit split starts at 80% and can increase to 90% based on performance.

Withdrawals are processed promptly, typically within 1–2 business days after submission. FXIFY supports multiple FXIFY withdrawal methods, including bank transfers, digital wallets, and crypto payments, ensuring global accessibility. Traders who join through a Fxify affiliate code are entitled to the same smooth withdrawal process and benefit from the firm’s transparent structure.

As noted in this Fxify review, the firm’s commitment to transparency and efficiency makes it easier for traders to access their earnings without delays.

Refund Policy

FXIFY offers a transparent and trader-friendly refund policy designed to reward successful traders. The one-time fee paid for the evaluation program is fully refundable upon successful completion of the evaluation stages.

The refund is processed after traders qualify and receive their first profit split from the funded account.

However, if a trader fails to pass the evaluation stages, the fee is non-refundable. This policy encourages disciplined and strategic trading while providing a fair incentive for those who meet FXIFY’s objectives. As noted in this FXIFY prop firm review, the refund structure reinforces the firm’s commitment to rewarding real performance and providing a balanced risk model for aspiring funded traders.

Payment Proof

Payment proof 1 FXIFY

FXIFY disburses payouts to traders on a regular basis, ensuring a consistent and reliable payment schedule. There are no profit thresholds or withdrawal requirements, allowing traders to request their earnings with ease. Many traders have shared positive experiences regarding FXIFY’s payout process, highlighting its efficiency and transparency. To further build trust, FXIFY provides sample evidence of payments, including withdrawal certificates and completion certificates, reinforcing their commitment to timely and secure trader compensation. As noted in this Fxify review, this straightforward approach to payouts has been well-received within the trading community.

Payment proof 2 FXIFY

By offering flexible subscription options, multiple payment methods, and a clear refund policy, FXIFY demonstrates its commitment to providing a supportive and transparent trading environment for its clients.

FXIFY vs. Hantec Trader vs. Alpha Capital Group: A Comparative Overview

In the competitive landscape of proprietary trading firms, FXIFY, Hantec Trader, and Alpha Capital Group offer distinct opportunities for traders seeking funded accounts. As highlighted in this Fxify review, below is a comparative overview of their key features:

FeatureFXIFYHantec TraderAlpha Capital Group
Initial CapitalUp to $400,000Not specifiedUp to $200,000
Evaluation ProcessTwo-step challengeOne-step and two-step optionsTwo-step evaluation
Profit Split80%, with potential increase to 90%Not specifiedNot specified
Scaling PlanAvailableNot specifiedUp to $2,000,000 with consistent performance
Tradable InstrumentsForex, commodities, indices, cryptocurrenciesNot specifiedForex, commodities, indices, cryptocurrencies
Trading PlatformsMetaTrader 4, MetaTrader 5, cTrader (soon)MetaTrader 4, MetaTrader 5MetaTrader 4, MetaTrader 5
Weekend HoldingYesNot specifiedYes
EA TradingYesNot specifiedNot specified
News TradingYes*Not specifiedNot specified
Broker BackingYesYesNo
Challenge Fee (e.g., $100K account)$499Not specifiedNot specified
LeverageNot specifiedNot specifiedNot specified
LocationLabuan, Malaysia; London, UKNot specifiedLondon, UK
Year EstablishedNot specified20232021

Key Notes:

FXIFY stands out with its high initial capital offering, flexible trading rules including weekend holding and EA trading, and a structured scaling plan. As noted in this Fxify review, these features make it an attractive option for traders seeking both freedom and growth potential.

Hantec Trader leverages decades of experience through its parent company, the Hantec Group, providing a structured environment focused on disciplined trading and consistency.

Alpha Capital Group offers a substantial scaling plan up to $2,000,000 for traders demonstrating consistent performance, with access to popular trading platforms and a variety of tradable instruments.

Each firm presents unique advantages tailored to different trading styles and objectives. Traders should carefully evaluate these features to select the proprietary trading firm that best aligns with their professional goals.

FXIFY Trader Community and Support

FXIFY has established a comprehensive support system and vibrant community to enhance the trading experience for its clients. By offering diverse educational resources, active community engagement platforms, and responsive customer support, FXIFY demonstrates its commitment to trader development and success. As highlighted in this Fxify review, these support features play a key role in creating a well-rounded and empowering environment for traders.

Educational Resources

Educational articles FXIFY

FXIFY provides traders with a suite of educational materials designed to improve trading skills and market understanding. These resources cover various topics, including market analysis techniques, risk management strategies, and platform tutorials. By equipping traders with this knowledge, FXIFY aims to foster informed decision-making and consistent performance.

Community Engagement

FXIFY official x account

Understanding the value of a collaborative environment, FXIFY maintains an active presence on social media platforms such as Facebook and Twitter. These channels serve as hubs for traders to share insights, discuss strategies, and stay updated on company news and market developments. Engaging with the community through these platforms allows traders to benefit from collective experiences and foster a sense of camaraderie.​

Customer Support

FXIFY provides dedicated customer support to assist traders with account-related questions, technical issues, and general inquiries. Traders can reach the support team via live chat directly on the FXIFY website or by email, typically available during standard business hours (Monday to Friday).

Customer support FXIFY

The live chat feature is known for its quick response times, often resolving issues within minutes. Support agents are knowledgeable and equipped to handle topics ranging from evaluation rules to withdrawals and scaling plans. Additionally, the FXIFY dashboard includes built-in access to support resources, streamlining the help process.

As highlighted in this Fxify review, the responsiveness and professionalism of FXIFY’s support team play a critical role in delivering a smooth and reliable experience for funded traders.

Knowledge Base

To support traders at every stage, FXIFY offers a well-organized and informative Knowledge Base accessible through its official website. This resource hub covers a wide range of essential topics, including:

  • Evaluation rules and trading objectives
  • Account setup and management
  • Platform guidance for MT4 and MT5
  • Profit split and withdrawal processes
  • Scaling plan details and requirements
  • Troubleshooting and technical support

The Knowledge Base is updated regularly and includes step-by-step articles, screenshots, and clear explanations, allowing traders to resolve queries without delay. It also includes a dedicated FAQ section addressing common concerns such as trailing drawdown, minimum trading days, and refund eligibility.As noted in this Fxify review, the availability of such a thorough self-help resource reflects FXIFY’s commitment to transparency, trader education, and operational efficiency. By empowering traders to access accurate information independently, FXIFY helps build confidence and promotes more efficient trading outcomes.

Community Initiatives

FXIFY periodically organizes community initiatives such as trading challenges and promotional events. These activities not only incentivize participation but also strengthen the sense of community among traders. Occasionally, the firm also releases special offers or a Fxify discount code, giving new traders the opportunity to join at a reduced cost during promotional periods. By engaging in these initiatives, traders can test their skills, gain recognition, and potentially earn rewards.

As highlighted in this Fxify review, FXIFY’s dedication to providing extensive educational resources, fostering community engagement, and offering responsive support plays a pivotal role in trader development. These support systems equip traders with the necessary tools, knowledge, and guidance to navigate the complexities of trading, manage risks effectively, and work toward achieving consistent profitability.

FXIFY Discount Code

If you’re looking to start your trading journey with FXIFY at a lower cost, keep an eye out for occasional promotions and discount opportunities. While FXIFY does not always run active promotions, the firm has previously offered seasonal deals and partner-based discounts to help traders save on challenge fees.

Currently, there is no official FXIFY coupon code publicly listed on their website, and the company does not promote ongoing discounts across major platforms. However, during special events, email campaigns, or through verified affiliates, traders might come across a limited-time FXIFY discount code 40% off—so it’s worth subscribing to FXIFY’s newsletter or following their social media channels to stay updated.

Some traders have also reported accessing FXIFY promo codes or referral-based incentives from FXIFY ambassadors or trading communities. While these are not guaranteed, it’s always smart to double-check for any valid FXIFY discount before purchasing a challenge.

Please note that not all third-party sites offering a discount code FXIFY or FXIFY coupon code are trustworthy. Always verify the code directly through FXIFY’s official website or authorized partners to avoid scams or invalid offers.

Traders Opinion

Traders across the globe have shared their experiences with FXIFY, offering valuable insight into the firm’s reputation and performance. On FXIFY Trustpilot, the firm currently holds an overall rating of 4.1 out of 5, based on 2,998 reviews—a strong indicator of customer satisfaction within the proprietary trading space.

FXIFY Trustpilot page

Many traders highlight fast payouts, responsive support, and clear evaluation rules as key positives. Others appreciate the scaling opportunities and the firm’s flexible trading conditions, including the ability to use Expert Advisors (EAs) and hold trades over the weekend. Some constructive feedback points to a learning curve around rules like the trailing drawdown, which underscores the importance of thoroughly understanding the firm’s terms before starting.

Trustpilot review 1 FXIFY

As seen in this Fxify review, the high volume of positive feedback and transparent customer responses on platforms like Trustpilot show that FXIFY is actively engaged with its trading community and continuously improving its offerings based on user input.

Trustpilot reviews FXIFY

FXIFY Review: Pros and Cons

Evaluating FXIFY’s proprietary trading program reveals several advantages and considerations that prospective traders should weigh carefully. As outlined in this Fxify review, the firm’s structure offers significant opportunities alongside specific requirements that may influence a trader’s decision.

Pros and Cons of FXIFY

ProsCons
Access to Significant Capital: FXIFY provides traders with the opportunity to manage accounts up to $400,000, enabling substantial profit potential without risking personal funds.Minimum Trading Day Requirements: Traders must meet a minimum of 5 trading days, which may affect those employing short-term strategies.
Generous Profit Sharing: Traders can retain 80% of their profits, with the possibility of increasing this to 90% for consistent performance.Monthly Payout Cycles: Standard payout cycles are monthly, though this can be reduced to bi-weekly with an add-on feature.
Diverse Funding Programs: FXIFY offers four unique funding programs—two-step, one-step, three-step evaluations, and an instant funding program—catering to various trader preferences.Trailing Drawdown on One-Phase Evaluation: The one-phase evaluation includes a trailing drawdown, which may impact risk management strategies.
Flexible Trading Conditions: The firm permits overnight and weekend holding, as well as news trading, providing traders with greater flexibility in their strategies.Low Maximum Loss Rule on Three-Phase Evaluation: The three-phase evaluation imposes a 5% maximum loss rule, which may be restrictive for some trading styles.
Variety of Trading Instruments: FXIFY supports trading across various assets, including forex pairs, commodities, indices, stocks, and cryptocurrencies, allowing for diversified trading strategies.
Scaling Plan: Traders have access to a scaling plan, enabling them to increase their account size based on performance.
Professional Trader Dashboard: FXIFY provides a professional trader dashboard, enhancing the trading experience with advanced tools and analytics.
No Maximum Trading Period: There is no maximum trading period, allowing traders to operate without time constraints.
First Payout on Demand: Traders can request their first payout on demand, offering immediate access to earnings.

Key Considerations:

  • Capital Access: FXIFY’s model allows traders to leverage substantial capital without personal financial risk, making it an attractive option for skilled traders.
  • Evaluation Structure: The firm’s diverse evaluation programs cater to different trader preferences, but each comes with specific rules and requirements that must be carefully considered.
  • Profit Sharing and Payouts: While the profit split is generous, traders should be mindful of the payout cycles and any associated conditions.

As noted in this Fxify review, prospective traders should thoroughly review FXIFY’s program details to ensure alignment with their trading goals and risk tolerance. Understanding both the advantages and limitations will aid in making an informed decision about participating in FXIFY’s proprietary trading offerings.

Choosing the Best Prop Firm: What Traders Should Know

When it comes to selecting the best prop firms, traders must consider several factors such as funding options, evaluation structure, supported instruments, and payout flexibility. With an increasing number of prop firms accepting US clients, it’s important for traders—especially those based in the U.S.—to choose firms that comply with regulatory standards while offering competitive trading conditions.

For those specifically looking for prop firms for US traders, it’s essential to check the firm’s terms and legal restrictions. While some companies do not allow U.S.-based clients, others like Take Profit Prop Firm and a few newer entrants have started opening access for U.S. citizens, making them contenders for the best prop firms for US traders.

Instant and Evaluation-Based Options

Prop firms generally fall into two categories: instant funding and evaluation-based. The best instant funding prop firms offer immediate access to funded accounts without requiring a challenge, but they often come with stricter risk parameters. On the other hand, a prop firm challenge involves one or more evaluation phases where traders must meet profit targets and adhere to drawdown limits before receiving funding.

Some firms even promote a free prop firm challenge, allowing traders to test the waters without upfront payment. However, these are often limited in scope or offered as part of promotional campaigns.

In this Fxify review, we find that FXIFY offers both instant funding and multiple challenge-based programs—catering to a range of trader preferences with fair risk parameters and strong scalability.

Cost and Accessibility

For budget-conscious traders, finding the cheapest prop firm that still offers fair conditions is crucial. Evaluation fees vary across platforms, with some starting as low as $39 for micro accounts. Despite the cost, traders should always prioritize transparency and reliability over pricing alone.

Specialized Prop Firms

Futures traders should focus on firms tailored to their needs. The best prop firms for futures provide access to instruments like commodities and financial indices through platforms such as NinjaTrader or Rithmic. FXIFY Futures, as mentioned in this Fxify review, is gaining attention for supporting futures contracts in addition to its broad forex and crypto offering.

If your strategy relies on high-frequency or daily performance, choosing a daily payout prop firm can be a game-changer. These firms allow you to withdraw profits daily, which is ideal for scalpers and consistent day traders.Lastly, for those specializing in currency markets, the best forex prop firm will offer competitive spreads, flexible leverage, and support for EAs and weekend trading.

Is FXIFY Worth It?

FXIFY offers traders funding from $25,000 to $400,000, with a scaling plan up to $4,000,000. It provides both one-phase and two-phase evaluations, allowing flexibility in meeting profit targets and drawdown limits. Traders can use Expert Advisors (EAs), hold trades overnight and on weekends, and are not restricted by consistency rules.

However, the one-phase challenge includes a trailing drawdown, and the three-phase option has a strict 5% maximum loss limit. A five-day minimum trading requirement and standard monthly payouts (which can be reduced to bi-weekly with an add-on) are also factors to consider.

As outlined in this Fxify review, the firm balances flexibility with structure, making it a strong choice for traders seeking capital—but it requires careful evaluation of its rules and trading conditions.

The Final Words

FXIFY has positioned itself as a competitive proprietary trading firm, offering traders access to funding up to $400,000, with a scaling plan that extends to $4 million. With flexible evaluation options, including one-phase and two-phase challenges, FXIFY caters to a variety of trading styles.

The firm provides generous profit splits, no restrictions on trading strategies, and a range of assets to trade. While certain risk parameters, such as the trailing drawdown, require careful management, FXIFY remains an appealing choice for traders seeking capital. As mentioned in this Fxify review, the firm’s balance of structure and flexibility makes it stand out in the competitive prop trading space.For those ready to prove their skills, FXIFY offers a structured path to grow and succeed in the prop trading industry.

Frequently Asked Questions (FAQs)

1. Does FXIFY accept US clients?

No, FXIFY does not accept traders from the United States due to regulatory restrictions.

2. Is FXIFY legit?

Yes, FXIFY is a legit prop firm with a growing reputation, transparent rules, and timely payouts.

3. Does FXIFY allow news trading?

Yes, news trading is allowed, but traders should follow the specific rules for each challenge.

4. Is FXIFY regulated?

No, FXIFY is not regulated, which is common for proprietary trading firms.

5. When was FXIFY founded?

FXIFY was founded in 2023 and has quickly gained traction in the prop trading space.

6. Is FXIFY good?

Yes, FXIFY is a solid choice for skilled traders, offering flexible programs and up to 90% profit share.

7. What’s the profit split at FXIFY?

Traders can earn up to 90% profit share, depending on the account type and performance.

8. How does FXIFY’s challenge work?

Traders must complete one or two evaluation phases by hitting profit targets and avoiding rule violations.

FXIFY

Account size up to: $4M

5.0
Trading Platform Experience
5.0
Deposit & Withdrawal
5.0
Website, Backend Technology
5.0
Customer Support
5.0 Overall Rating

Leave a Reply

© 2023 Forex Prop Firms Reviews.
All rights reserved. Created with ❤️ for Forex Prop Firm Traders.