Reviewed by PropFirm201 Research Team·At a Glance
FXIFY Homepage
Pricing & Challenge Types
1-Phase Challenge
1 phase · 90% profit split · Scaling available
| Account Size | Price | Target P1 | Daily Loss | Max DD |
|---|---|---|---|---|
| $5,000 | $59 | 10% | 3% | 6% |
| $10,000 | $89 | 10% | 3% | 6% |
| $15,000 | $119 | 10% | 3% | 6% |
| $25,000 | $199 | 10% | 3% | 6% |
| $50,000 | $379 | 10% | 3% | 6% |
| $100,000 | $549 | 10% | 3% | 6% |
| $200,000 | $1049 | 10% | 3% | 6% |
| $400,000 | $2950 | 10% | 3% | 6% |
2-Phase Challenge
2 phases · 90% profit split · Scaling available
| Account Size | Price | Target P1 | Target P2 | Daily Loss | Max DD |
|---|---|---|---|---|---|
| $5,000 | $59 | 10% | 5% | 4% | 10% |
| $10,000 | $89 | 10% | 5% | 4% | 10% |
| $15,000 | $119 | 10% | 5% | 4% | 10% |
| $25,000 | $199 | 10% | 5% | 4% | 10% |
| $50,000 | $379 | 10% | 5% | 4% | 10% |
| $100,000 | $549 | 10% | 5% | 4% | 10% |
| $200,000 | $1049 | 10% | 5% | 4% | 10% |
| $400,000 | $2950 | 10% | 5% | 4% | 10% |
3-Phase Challenge
3 phases · 90% profit split · Scaling available
| Account Size | Price | Target P1 | Target P2 | Daily Loss | Max DD |
|---|---|---|---|---|---|
| $5,000 | $39 | 5% | 5% | 5% | 5% |
| $10,000 | $59 | 5% | 5% | 5% | 5% |
| $15,000 | $79 | 5% | 5% | 5% | 5% |
| $25,000 | $149 | 5% | 5% | 5% | 5% |
| $50,000 | $249 | 5% | 5% | 5% | 5% |
| $100,000 | $399 | 5% | 5% | 5% | 5% |
| $200,000 | $799 | 5% | 5% | 5% | 5% |
| $400,000 | $1599 | 5% | 5% | 5% | 5% |
Lightning Challenge
1 phase · 90% profit split
| Account Size | Price | Target P1 | Daily Loss | Max DD |
|---|---|---|---|---|
| $10,000 | $59 | 5% | 3% | 4% |
| $25,000 | $119 | 5% | 3% | 4% |
| $50,000 | $209 | 5% | 3% | 4% |
| $100,000 | $399 | 5% | 3% | 4% |
Instant Funding (Forex)
0 phases · 90% profit split · Scaling available
| Account Size | Price | Target P1 | Daily Loss | Max DD |
|---|---|---|---|---|
| $10,000 | $449 | N/A | 4% | 8% |
| $25,000 | $899 | N/A | 4% | 8% |
| $50,000 | $1749 | N/A | 4% | 8% |
FXIFY Plans Page
Pros & Cons
Pros
- Wide variety of challenge types including 1, 2, and 3-phase evaluations plus instant funding
- On-demand payouts available from the first funded trading day with $50 minimum
- Up to $4,000,000 in total scaling capacity with up to 90% profit split
- Over 330 tradeable instruments across forex, indices, commodities, crypto, and stocks
- Challenge fee refunded with first payout on evaluation accounts
Cons
- EAs and copy trading not allowed on Lightning and Instant Funding accounts
- Lightning Challenge has a strict 7-day time limit
- Weekend holding not permitted on Instant Funding accounts
- 25% consistency rule applies on funded 2-Phase accounts
Trading Rules
About FXIFY
FXIFY is a proprietary trading firm founded in April 2023 and headquartered in London, United Kingdom. The firm is also registered in Labuan, Malaysia, under license number MB/22/0097, giving it a dual-jurisdiction presence across four global offices with over 100 dedicated professionals. FXIFY has rapidly grown to serve more than 200,000 active traders and has processed over $35 million in payouts across 200,000+ individual payout transactions.
FXIFY offers one of the most diverse selections of challenge types in the prop firm industry, with five distinct programs: 1-Phase, 2-Phase, 3-Phase, Lightning Challenge, and Instant Funding. Account sizes range from $5,000 up to $400,000, with scaling potential up to $4,000,000 in total allocated capital. The firm supports trading on MetaTrader 4, MetaTrader 5, DXtrade, and TradingView, providing access to over 330 instruments including forex pairs, indices, commodities, stocks, and cryptocurrencies.
What makes FXIFY stand out is its flexibility. Traders can choose between raw spreads with commissions or commission-free pricing, select from multiple evaluation models based on their trading style, and access on-demand payouts starting from their very first funded trading day. The firm also offers unique add-ons such as Performance Protect, which allows traders to withdraw earnings even if they subsequently breach the drawdown limit. With a 4.4 Trustpilot score from over 5,400 reviews, FXIFY has established itself as a credible and popular choice in the prop firm space.
FXIFY is accessible to US traders, though platform availability differs by region. US-based traders use DXtrade rather than MetaTrader due to regulatory restrictions, while traders in other regions can choose from all supported platforms.
How FXIFY Works
FXIFY provides five paths to a funded account:
1-Phase Challenge:
- Purchase an account ($59-$2,950). Hit a 10% profit target with a 3% daily loss limit and 6% static max drawdown. Minimum 5 trading days, unlimited time.
- Pass and receive a funded account with up to 90% profit split and on-demand payouts.
2-Phase Challenge:
- Phase 1: Hit 10% profit target. Phase 2: Hit 5% profit target. Both phases have a 4% daily loss limit and 10% static max drawdown. Minimum 5 trading days per phase, unlimited time.
- Pass both phases to receive a funded account.
3-Phase Challenge:
- Each phase requires a 5% profit target with 5% daily loss and 5% max drawdown. Minimum 5 trading days per phase, unlimited time.
- The most affordable entry point, starting at just $39.
Lightning Challenge:
- Hit a 5% profit target within 7 calendar days. 3% daily loss, 4% trailing drawdown. Minimum 3 trading days.
- Fast-track to funded status for confident traders.
Instant Funding:
- Skip evaluation entirely. Start trading a funded account immediately.
- Higher entry cost but immediate access with on-demand payouts.
Assessment fees are refunded with the first payout on 1-Phase, 2-Phase, and 3-Phase evaluation accounts.
Pricing & Plans
| Account Size | 1-Phase | 2-Phase | 3-Phase | Lightning | Instant Funding |
|---|---|---|---|---|---|
| $5,000 | $59 | $59 | $39 | - | - |
| $10,000 | $89 | $89 | $59 | $59 | $449 |
| $15,000 | $119 | $119 | $79 | - | - |
| $25,000 | $199 | $199 | $149 | $119 | $899 |
| $50,000 | $379 | $379 | $249 | $209 | $1,749 |
| $100,000 | $549 | $549 | $399 | $399 | - |
| $200,000 | $1,049 | $1,049 | $799 | - | - |
| $400,000 | $2,950 | $2,950 | $1,599 | - | - |
Two pricing models are available: Raw Spreads + Commissions (raw interbank spreads from $10/lot) or Commission Free (all-inclusive spread, no separate commissions).
Rules & Restrictions
- Maximum Daily Loss: 3% (1-Phase, Lightning), 4% (2-Phase, Instant Funding), 5% (3-Phase).
- Maximum Drawdown: 6% static (1-Phase), 10% static (2-Phase), 5% static (3-Phase), 4% trailing (Lightning), 8% trailing (Instant Funding).
- Minimum Trading Days: 5 days (1-Phase, 2-Phase, 3-Phase), 3 days (Lightning), none (Instant Funding).
- Maximum Trading Days: Unlimited for all except Lightning (7 calendar days).
- Consistency Rule: 25% on funded 2-Phase accounts.
- News Trading: Allowed on standard evaluation accounts. Restricted 5 minutes before and after high-impact news on crypto standard accounts.
- Weekend Holding: Allowed on all accounts except Instant Funding.
- Expert Advisors: Allowed on evaluation accounts. Prohibited on Lightning and Instant Funding accounts.
- Copy Trading: Allowed on evaluation accounts (must submit master account statement). Prohibited on Lightning and Instant Funding.
- Scalping: Allowed on all account types.
- Hedging: Allowed.
- Martingale & Grid Trading: Allowed on evaluation accounts.
- Inactivity Limit: Accounts with no trades for 60 days are breached.
Payouts
- Frequency: On-demand from the first funded trading day. Options for bi-weekly (14-day) or monthly (30-day) schedules.
- Profit Split: Up to 90% with add-ons.
- Minimum Payout: $50 USD across all accounts.
- Methods: Cryptocurrency and wire transfer.
- Fee Refund: Challenge fee refunded with first payout on 1-Phase, 2-Phase, and 3-Phase accounts.
- Performance Protect Add-on: Available for purchase, allows traders to keep earned profits even if they subsequently breach the drawdown rule.
Is FXIFY Legit?
FXIFY has built a solid reputation since its 2023 launch. Key trust indicators include:
- 4.4/5 Trustpilot rating from over 5,400 reviews.
- $35M+ in total payouts across 200,000+ payout transactions.
- Licensed in Labuan, Malaysia (License No. MB/22/0097) with UK company registration (No. 14451720).
- 200,000+ active traders across a global community.
- 41,000+ Discord members in an active trading community.
- 100+ staff across 4 global offices.
- Monthly free trading competitions for the community.
FXIFY has maintained consistent payout processing and positive reviews. The dual licensing and transparent corporate structure across multiple jurisdictions adds credibility to the firm.
FAQ
What is FXIFY?
FXIFY is a proprietary trading firm founded in April 2023 and headquartered in London, UK. It offers funded trading accounts from $5,000 to $400,000 across five different program types, with access to over 330 instruments including forex, indices, commodities, stocks, and crypto.
How much does FXIFY cost?
FXIFY challenge fees start as low as $39 for a $5,000 3-Phase account and go up to $2,950 for a $400,000 account. Instant Funding accounts range from $449 to $1,749. Assessment fees are refundable with the first payout on evaluation accounts.
What is FXIFY's profit split?
FXIFY offers up to a 90% profit split across all funded account types. Add-ons are available to enhance the profit split percentage.
Does FXIFY allow EAs/bots?
Yes, FXIFY allows Expert Advisors and automated trading on standard evaluation accounts (1-Phase, 2-Phase, and 3-Phase challenges). However, EAs are not permitted on Lightning Challenge and Instant Funding accounts.
Is FXIFY available in the US?
Yes, FXIFY is available to US-based traders. US traders use the DXtrade platform instead of MetaTrader 4/5, which is restricted in the US. All challenge types and account sizes are accessible to American traders.