FXIFY Review 2026 | All Pros, Cons, Rules & Costs

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Written by: Andre Witzel
Johannes Striegel
Fact checked by: Johannes Gresham
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4.3
Rating by WR Trading
FXIFY Ratings:
Rules
5 / 5
Platforms
4 / 5
Support
3 / 5
Payout
5 / 5
Fees
4.5 / 5
Trust Score
90 / 100
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WR Trading has evaluated online trading platforms for over 12 years, earning respect in the industry. We gather extensive data points annually and publish meticulously researched reviews. Our thorough testing process analyzes critical aspects such as usability, fees, customer service, and trading features. We aim to provide unbiased, data-driven assessments to help traders make informed decisions. Learn more about our rigorous testing methodology and why traders worldwide trust our evaluations. Read our review methodolgy.
Facts about the prop trading firm
Free Trial: No
Costs: $31 - $3399 depending on account type & size
Challenge: Yes (1-step, 2-step or 3-step)
Minimum Trading Days: 3 - 5 depending on account type / None for Instant Funding accounts
Drawdown: 4% - 10% (Trailing or static depending on account type)
Profit Share: Up to 90%
Minimum Balance: $1k - $5k depending on account type
Instant Funding: Yes
Payment methods: Credit / Debit Card, PayPal, Confirmo
Trading Instruments: Forex, Indices, Stocks, Commodities, Crypto
Platforms: MT4, MT5, TradingView, DXTrade
Support: Email: support@fxify.com, 24/5 Live-Chat
FXIFY Pros And Cons list:
  • Broker-backed
  • High-paying account models
  • First payout is on demand
  • Wide choice of evaluation paths
  • Support for TradingView
  • Frequent promos and discounts
  • Competitive user rating (on Trustpilot)
  • Safe and secure profit payout
  • Support for a wide range of instruments
  • Free monthly trading competitions
  • No free trial
  • Support is not great
  • Complex product menu for beginners
  • Not available for US clients
  • FXIFY’s fees are mid-tier (not exactly low cost)
  • Leverage is limited and has a pay wall
Visit website (Warning: Your Capital is at Risk)

FXIFY is a broker-backed proprietary firm that started in 2023 and offers a range of account models, including 1-step, 2-step, 3-step, and Instant Funding. After our extensive independent testing, we observed that FXIFY focuses on cultivating a more “desk-style,” clearly structured, and professional environment through multiple challenge models and dedicated crypto and forex products.

As experienced and professional traders here at WR Trading, we comprehensively reviewed and tested FXIFY to see whether it is indeed a legit, safe, and secure prop firm or just hides in its clever “broker-backed” branding. We also examined its challenge costs (and paid add-ons) to see how expensive or low-cost it is compared with both new and more established prop firms. Our goal in this review is to help you decide if FXIFY is really a great option (as it claims to be) or if it is better for you to look for an alternative prop firm that fits your trader profile more closely.

FXIFY Experience Summary from Our Expert:

Andre Witzel Potrait
Andre Witzel
Trader & Editor-in-Chief
Overall, my verdict for FXIFY is 4.3/5 stars. For the positives: I like that it is broker-backed, has high-paying account models (with its account types having an option for up to 90% to 100% profit share split), its first payout is on-demand with a wide variety of evaluation models, including 1-step, 2-step, 3-step, and even instant funding. Also, unlike new prop firms, it already offers TradingView as one of its trading platforms. On top of that, it also runs frequent and significant promos and discounts (up to 40% off), supports a wide range of trading instruments, and has a monthly trading competition that is completely free, and you can win challenge accounts up to $400,000. 
On the other hand, for the negatives: I dislike that it has no free trial and does not accept US clients, some of its rules are unclear (inconsistent information from its homepage, FAQs, and promotional materials), its support is not great, and it has so much room for improvement. In addition, while it has a comprehensive product offering, it can be overwhelming, particularly for beginners. Without using a promo or discount code, its challenges are relatively more expensive than other good low-cost alternatives, and its leverage (of up to 1:50) is not even standard and comes as a paid add-on.
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› Sign up for free with FXIFY! (Warning: Your Capital is at Risk)

What is FXIFY?

FXIFY Prop Firm
FXIFY Prop Firm

FXIFY is a proprietary trading firm that provides simulated trading accounts, where users (traders) trade demo balances to qualify for a “funded account.” In other words, any trading you do through its platform is not “real” market trading and does not constitute investment services. Legally, these services are provided by FXIFY Solutions Limited, a private company registered in the United Kingdom, while a related entity, FXIFY Markets Ltd, is licensed in Labuan, Malaysia, as a money broker. Note that “FXIFY” is the trading name used across the website and marketing materials.

Currently, FXIFY supports four modern trading platforms: MetaTrader 4, MetaTrader 5, DXtrade, and TradingView. Its business model revolves around four challenge models:

  • One Phase and Lightning (a 1-step evaluation)
  • Two Phase – Classic and Standard variants (2-step evaluation)
  • Three Phase (3-step evaluation)
  • Instant Funding, which is its instant-funded account

Depending on the account, traders can choose starting balances from $1,000 to $400,000, which can then be scaled up to $4 million, and earn up to 90% to 100% profit share split (depending on the account).

What is the legal status of FXIFY?

FXIFY operates legally as a proprietary trading firm, but NOT as a broker. Its own Terms and Conditions clearly state that it only provides tools for simulated FX and CFD trading, using fictitious funds, and that any trading you do through its services is not real market trading and does not count as investment services or advice. In practice, this means your “funded” account is a demo environment, while a separate regulated entity, FXIFY Markets Ltd in Labuan, holds a money-broker licence and works with FXPIG on the brokerage side.

FXIFY’s restricted countries list:

The US, Zimbabwe, Iran, Iraq, North Korea, Somalia, Vietnam, Burundi, Central African Republic, Ivory Coast, Liberia, Libya, Sudan, Cuba, Syria, Afghanistan, Yemen, Palestine, Myanmar, Nicaragua, Congo Republic, Crimea, Democratic Republic of Congo, Eritrea, Guinea, Guinea-Bissau, Papua New Guinea, South Sudan, Vanuatu, Venezuela, Algeria, Russia, Kenya, and Ghana, or any country where use of its services would violate local law. 

Hence, if you are a US client or live in any of these restricted countries and sign up anyway, for example, by using a VPN or an incorrect address to bypass, you are taking on the risk that your account and any expected payouts can be closed or withheld at any time with little or no recourse, even if the firm itself is operating legally.

› Sign up for free with FXIFY! (Warning: Your Capital is at Risk)

Is FXIFY safe and secure to use?

Yes, based on our due diligence, FXIFY is safe and secure to use and is legit, not a borderline scam like some smaller prop firms that pop up and then fail quietly. First of all, FXIFY is backed by a broker and discloses its structure openly: FXIFY Markets Ltd is licensed in Labuan, Malaysia, as a money broker, its UK entity acts as a payment agent, and trading is routed through the regulated broker FXPIG, which helps make the overall setup more trusted and modern compared to many anonymous firms.

Reliable and fast payout methods

FXIFY also uses modern payout rails via Rise (a FinCEN-registered Money Service Business) for bank and crypto withdrawals, which is a good sign from a payments and compliance perspective.

FXIFY Payouts
FXIFY Payouts

The main risk lies with your location (if it falls under the restricted countries list we mentioned in the previous section). FXIFY clearly states that it does not support users in these countries and territories, and trying to bypass this policy undermines the security and safety of your account, as FXIFY can legally close your account at any time without notice or issue a refund.

FXIFY’s Account Types: Explained

Here is a comprehensive table comparing FXIFY’s account types: One Phase, Lightning, Two Phase (Classic and Standard), Three Phase, and Instant Funding. The table includes all the key details for each account type, including the challenge costs and initial balances available, available leverage, profit target, profit share split, daily and max drawdown conditions, and other key information that you need to be familiar with:

1-step1-step2-step2-step3-stepInstant
Account TypesOne PhaseLightningTwo Phase – ClassicTwo Phase – StandardThree PhaseInstant Funding
Initial Balance$5k – $400k$10k – $100k$5k – $100k$5k – $400k$5k – $400k$1k – $100k
Challenge Fee$59 – $2950$59 – $399$59 – $549$59 – $2950$39 – $1599$69 – $4249
LeverageUp to 1:50Up to 1:50Up to 1:30Up to 1:50Up to 1:50Up to 1:50
Profit Target10%5%5%10%5%N/A
Daily Loss Limit3%3%4%4%5%8%
Max drawdown6%4%10%10%5%8%
Profit ShareStandard: 80%
Add on: Up to 90%
Standard: 80%
Add on: Up to 90%
Standard: 80%
Add on: Up to 100%
Standard: 80%
Add on: Up to 90%
Standard: 80%
Add on: Up to 90%
Standard: 80%
Add on: Up to 90%
Weekend PositionAllowedAllowedAllowedAllowedAllowedNo
Overnight PositionAllowedAllowedAllowedAllowedAllowedNo
Payout FrequencyStandard: Every 30 daysStandard: Every 30 daysStandard: Every 30 daysStandard: Every 30 daysStandard: Every 30 daysStandard: Every 14 days
Minimum Trading Days5 days3 days4 days5 days5 daysN/A
Time LimitNone7 daysNoneNoneNoneN/A
› Sign up for free with FXIFY! (Warning: Your Capital is at Risk)

How FXIFY’s Account Models and Fees Work

FXIFY has a total of 4 account models and 6 account variations. First, its 1-step model (“One Phase” and “Lightning” accounts), which both require a single evaluation phase that you need to pass before moving you to a funded account (Lightning just has a time limit). Second, its 2-step model (“Two Phase,” with two variants: “Classic” and “Standard”) requires you to pass 2 evaluation phases before moving you to a funded account. Third, its 3-step model (“Three Phase”) which requires you to pass 3 evaluation phases before moving you to a funded account.

FXIFY Account Types
FXIFY Account Types

Lastly, it also offers an instant funding account, which lets you skip the challenge (evaluation) phase altogether and go straight to a funded account. To help you quickly compare each of FXIFY’s 6 account types and variants, we lay out here a table illustrating each of its account types’ cost, initial balance, and important trading rules (profit target, daily, and max drawdown rules) to help you choose which is the best account type for you:

1-step1-step2-step2-step3-stepInstant
Account TypesOne PhaseLightningTwo Phase – ClassicTwo Phase – StandardThree PhaseInstant Funding
Challenge Fee$59 – $2950$59 – $399$59 – $549$59 – $2950$39 – $1599$69 – $4249
Initial Balance$5k – $400k$10k – $100k$5k – $100k$5k – $400k$5k – $400k$1k – $100k
Profit Target10%5%5%10%5%N/A
Daily Loss Limit3%3%4%4%5%8%
Max drawdown6%4%10%10%5%8%

Available Discount and Promo Codes for Rebates

FXIFY offers rebates through frequent promo/discount codes on its challenge and Instant Funding fees. As of this writing, the official programs pages and announcement bar advertise 35% OFF on all programs with the code CYBER35. Recent FXIFY campaigns have also included 40% OFF all programs with BLACK40 for Black Friday. Overall, FXIFY’s official promos tend to fall in roughly the 20% to 40% range, sometimes bundled with free add-ons such as a higher profit split or bi-weekly payouts.

FXIFY Promotions and Bonus
FXIFY Promotions and Bonus

If you want the best promo/discount code before buying, we recommend checking three places:

  • the homepage/program pages and “Announcements” banner on its official website, which usually show the current global promo
  • FXIFY’s free course page, where completing modules can unlock additional exclusive discounts and small Instant Funding “rebates
  • FXIFY’s official social media channels (especially X and Instagram), where they regularly post time-sensitive codes and holiday offers

The difficulty level of FXIFY’s account models

The difficulty really depends on the specific challenge you pick and your current skill level as a prop firm trader. Here’s our quick guide and general recommendation of who typically finds each path easier and who may find it riskier:

  • 1-Step Challenge: We think this is best for intermediate to advanced traders with a defined edge and strong conviction who can capitalize on larger moves. In contrast, much newer (beginner) traders or anyone without tight risk control are more likely to breach or fail on this challenge.
  • 2-Step Challenge: We think this best suits experienced and more systematic traders with proven trade expectancy. Meanwhile, strategy hoppers who tweak systems mid-evaluation often see uneven outcomes as they take on greater risk (due to an inconsistent trade approach) across the two-phase challenge.
  • 3-Step Challenge: We think this favors conservative, low-volatility trading approaches that compound small profits over time. In contrast, momentum-based traders may struggle, as the extended timeline (with a minimum trading days requirement) can result in opportunity costs, such as the fact that they could have been funded much earlier and traded on that account earlier.
  • Instant Funding: Due to its nature, we think professional retail traders with a proven edge and strong risk management and discipline will find this advantageous and easier. However, beginner traders who have no consistent trade plan or system will most likely be at risk of immediately breaching their account, as they may focus too much on the potential for fast payouts and become blinded to the breach rules. 

The trading rules you need to be familiar with:

Here is a breakdown of FXIFY’s trading rules that it requires for each of its account types, which you need to be familiar with to avoid any breaching violations that will cost you your account:

1-step1-step2-step2-step3-stepInstant
Account TypesOne PhaseLightningTwo Phase – ClassicTwo Phase – StandardThree PhaseInstant Funding
Daily Loss Limit3%3%4%4%5%8%
Max Drawdown6%4%10%10%5%8%
Profit Target10%5%5%10%5%N/A
Minimum Trading Days5 days3 days4 days5 days5 daysN/A
Trade LimitNone
Trade ActivityMust place at least 1 trade every 60 days
Weekend HoldingAllowedAllowedAllowedAllowedAllowedNo
LeverageUp to 1:50Up to 1:50Up to 1:30Up to 1:50Up to 1:50Up to 1:50
Payout FrequencyStandard: Every 30 daysStandard: Every 30 daysStandard: Every 30 daysStandard: Every 30 daysStandard: Every 30 daysStandard: Every 14 days
Time LimitNone7 daysNoneNoneNoneN/A
Overnight HoldingAllowedAllowedAllowedAllowedAllowedNo
News TradingAllowedNoAllowedAllowedAllowedNo
High Frequency TradingNot Allowed
Expert Advisors (EAs)AllowedNoAllowedAllowedAllowedNo
Multiple AccountsAllowed
Copy TradingAllowedNoAllowedAllowedAllowedNo
› Sign up for free with FXIFY! (Warning: Your Capital is at Risk)

What if I fail my FXIFY account?

If you breach any FXIFY account, you would need to buy a brand new challenge (or instant funded) account and start over if you want to continue trading with FXIFY. This is because there is no paid reset option to recover your breached account if you violate a rule or fail the evaluation phase. Hence, you are really left with 2 options: buy a new FXIFY challenge or move to a different prop firm.

Is FXIFY a good option for beginner traders?

Yes, FXIFY can be a “good” option for beginner traders who already have some basic trading and prop firm experience and want to test themselves with a more serious, legit prop firm. That said, we do not think it is an ideal place to start from zero. This is because FXIFY currently does not offer a free trial, so you have to risk a paid evaluation or Instant Funding fee right away. Hence, if you are a complete beginner, buying a challenge outright will most likely lead to your account being breached, either from normal trading losses or unfamiliar trading rules.

FXIFY Instant Funding Account
FXIFY Instant Funding Account
No low budget prop firm

Also, while it offers significant discounts through its promotions (often in the 20 to 40% range), FXIFY is still not a “low cost” or “budget” prop firm if you just want to experiment. For a new trader who wants to learn from scratch, a free trial or a cheap challenge is ideal. Hence, FXIFY makes more sense once you already know you can trade and want to scale with a firm.

Is FXIFY a good option for serious traders?

Yes, we believe serious traders can best utilize FXIFY’s offerings. This applies to intermediate- to professional-level traders who have a good understanding of risk and prop firm rules. In general, we like FXIFY for its on-demand payout options, up to a 90% or 100% profit share split, making it a solid alternative to many smaller firms that later fail or turn out to be scams.

a. For Intermediate Traders:

FXIFY’s 1-Phase, 2-Phase, and 3-Phase evaluations, plus the Lightning program, are a great fit if you already know how to trade but want stricter daily-loss and max-drawdown rules to hard-wire discipline. Starting fees can feel relatively low-cost, especially when you apply a promo or discount code. Although they are still not truly “cheap.”

b. For Advanced Traders:

For more advanced traders, FXIFY shines through with its multi-platform access (MT4, MT5, DXtrade, TradingView) and the ability to reach up to a 90% and 100% profit share split, which gives you a high-paying potential when combined with fast, on-demand payouts and bi-weekly paid add-on options. 

c. For Systematic / Professional Traders:

For systematic or fully professional profiles with a proven edge, the main attraction is the ability to scale from large starting accounts (up to $400k) toward multi-million ($4 million ceiling) allocations via FXIFY’s scaling plan, while still keeping a strong profit share split and modern add-ons (higher split, leverage, bi-weekly payouts).

How the payout works on FXIFY

Here is a snapshot of FXIFY’s payout structure, including its important payout conditions, profit share split, required minimum amount per payout request, processing frequency and length, and the only legit withdrawal methods it supports and the applicable withdrawal fees you can expect: 

Payout SystemDetails
Key Payout Conditions1. Close at least 1 successful trade in your funded account 2. Complete and pass FXIFY’s KYC3. No pending case on any potential breached rule
Minimum Payout AmountAt least $50 per payout request
Profit Share/SplitStandard: 80% for all accounts
Paid Add-on: Up to 100% (for Two Phase – Classic variant), up to 90% (for all other account types)
Payout Frequency and Interval1st Payout: On demand
Succeeding Payouts: Every 30 days (except Instant Funding which is every 14 days by default)
Paid Add-on: Option for every 14 days for non-instant funding account types
Payout ProcessingValid payout requests are processed within 2-3 business days.
Withdrawal MethodsVia Rise (Riseworks), direct bank transfer, and crypto
Withdrawal Fee (Internal)FXIFY does not charge its own processing fee on your payouts.
Withdrawal Fee (External)Transfer fees may apply depending on your preferred payment method and your country.

Does FXIFY pay out its traders?

Yes, FXIFY is legit and actually pays its profitable users (traders) the share of the profit they earned from their funded account. Note that you first must meet all of its payout conditions. In addition, we also verified its payout legitimacy through community feedback from various sources (such as Trustpilot and Reddit), and most of its users with funded accounts have indeed confirmed that they successfully received their payout share. Hence, we view it as a trusted prop firm when it comes to paying out its successful traders on its platform.

› Sign up for free with FXIFY! (Warning: Your Capital is at Risk)

What are the user criticisms and issues with FXIFY?

Yes, we found numerous complaints on the company’s Truspilot page where it has a current rating of 4.3/5. Many of the valid complaints we found were from users frustrated by FXIFY’s support service, where many voiced either a lackluster support response or worse, for some, never receiving any response at all. That said, we like that FXIFY actively responds to numerous negative feedback and concerns, and that its representatives work to resolve current user problems. 

FXIFY Trustpilot - User Ratings and Reviews
FXIFY Trustpilot – User Ratings and Reviews

However, it seems to us that many users frustrated with the lack of response go to Trustpilot and only there do they actually get “heard.” Some users also note some “rude” behavior from some of FXIFY’s support members. On Reddit, it is overall considered a legit (not a scam) prop firm, however, criticisms are predominantly directed towards its trading rules, with users saying: “Fxify seems legit overall, but yeah, their rules can trip people up if they’re not careful” and “FXIFY has its pros but I didn’t find their rules very flexible. Other prop firms like Funded Next, FTMO gave me better spreads and a smoother payout process so far.”

See its Trustpilot ratings and user feedback: https://www.trustpilot.com/review/fxify.com

Some Reddit posts/community sentiment:

What are the trading platforms available on FXIFY?

FXIFY Platforms
FXIFY Platforms – you can choose when you register your account

FXIFY uses the following 4 modern trading platforms:

  • TradingView: A very popular, browser-based charting and trading platform known for its clean and familiar user interface, wide range of technical analysis tools, and social features including ideas, scripts, and even community indicators.
  • MetaTrader 4: The classic and well-loved MetaQuotes platform with a huge library of indicators and EAs, very light on system resources, and excellent for discretionary or traditional EA-based strategies. However, it lacks some of MT5’s newer features and depth in asset classes.
  • MetaTrader 5: An extremely well-known platform with fast onboarding and built-in copier tools, highly suited for discretionary (manual) trading, but not as optimal for automated trading compared to other platforms.
  • DXtrade: A modern, multi-asset platform with a clean web and desktop user interface and strong, comprehensive risk controls. Overall, great for discretionary trading, and algorithmic workflows are possible via APIs and integrations.

The trading fees and spreads on FXIFY

The following is a quick breakdown of all the trading fees you need to expect in FXIFY, including any applicable fees for its trading platforms, spreads and commissions, swap/overnight, and, if it charges a subscription fee once you transition to a funded account:

FeesDetails
1. Trading Platform FeeNone; FXIFY does not charge an extra platform or data fee for any of its trading platforms.
2. SpreadsVariable, live market-dependent spreads. *FXIFY lets you choose RAW price feed or commission-free “All In” pricing and advertises spreads from as low as 0.0 when using RAW pricing.
3. CommissionDepends on the price feed.
1. “All in” accounts: commission-free trading with costs built into the spread.
2. RAW price feed: separate trading commissions are charged per instrument in addition to the raw spread.
4. Overnight (Swaps) FeesStandard CFD swap/rollover charges apply when holding positions overnight.
Note: FXIFY explicitly notes that trading costs include swaps, but it does not publicly publish a swap table.
5. Subscription FeesNone

Is FXIFY backed by a broker?

Yes, FXIFY is explicitly backed by FXPIG, a reputable and registered multi-asset broker. FXPIG infrastructure and price feeds power the trading conditions you see on your FXIFY-funded account.

However, even though a real broker is in the background, FXIFY still makes it clear that what you trade is a simulated environment: the funds are fictitious, and any trading you do via FXIFY’s services is “not real” market trading. In practice, this means your FXIFY “funded account” is a demo account that mirrors FXPIG’s live pricing and execution but sits inside FXIFY’s own structure, not as a personal brokerage account in your name. 

› Sign up for free with FXIFY! (Warning: Your Capital is at Risk)

How do taxes work on FXIFY?

You are 100% responsible for paying taxes on all of the profits you make on FXIFY. Note that the payouts you receive from prop firms are treated as ordinary business income and not capital gains (which would be the default classification if you are actually trading/investing using your own money in a real market). This is because rather than realizing gains on actual financial assets (if you actually buy and sell them in a real market), you instead trade in a virtual trading environment with FXIFY, and the funds, assets, and earnings/losses you see are completely simulated.

Consult a tax professional

Nevertheless, we highly recommend that you seek help from a local tax professional to ensure you comply with the specific tax rules in your country of residence. 

What are the support and education resources provided by FXIFY?

The following are the official channels of FXIFY: 

FXIFY Support via Discord
FXIFY Support via Discord

In addition, FXIFY also offers modern and up-to-date educational and informational resources through its blogs, FAQs center, and YouTube channel. These resource hubs are a good place to start for beginners new to FXIFY. The content ranges from the evaluation (challenge) phase to once you have a funded account, and everything in between.

The best prop firm alternatives to FXIFY

Based on our independent real-world testing, these prop firms are a great alternative and 100% legit, not a scam. Here are five of the modern, high-paying, and trusted prop firms that we highly recommend as a good alternative to FXIFY:

  • Apex Funded Trader: A prop firm with a profit share split of up to 100% for your first $25k, then 90% on the following cycles. It also offers a regular payout every 8 trading days and features a unique breach safety net that locks your drawdown once you reach the threshold you set, preventing you from prematurely breaching your account and failing the assessment phase.
  • FundedNext: A highly acclaimed modern prop firm with up to 95% profit share split, account sizes up to $300k, and bi-weekly/monthly payouts. Some of FundedNext’s account models also have bonuses during the evaluation phase and guarantee a 24-hour payout process on your funded account.
  • The Trading Pit: A reputable prop firm with regulated-broker partnerships (unlike other prop firms that operate solely on their own). Notably, it also offers a scaling plan of up to €5 million and has native support for major platforms, namely: NinjaTrader, Tradovate, TradingView, ATAS, Quantower, and R/Trader.
  • FundingPips: A prop firm with a proven track record and a simple 2-step evaluation with a profit share split ranging from 80% to 100%. In addition, it has a high-ceiling scaling plan of up to $2M, making it highly attractive for experienced and advanced traders who value reliability and the highest potential ROI for their trading edge.
  • SabioTrade: A good, trusted option to start if you prefer a lower overall cost. It has a quick one-step assessment phase, regular, consistent weekly payouts (versus FXIFY’s 14-day payout interval, which is also a paid add-on), and a relatively high 90% trader profit share split.

Conclusion: A Great Option for Experienced Traders Seeking Flexibility, But Has Key Limitations

Overall, FXIFY is a solid option and a great alternative to more established prop firms such as FundingPips, FTMO, and The5ers. We especially like that it has a relatively high payout share split ceiling (option for up to 90% and 100%), a wide variety of evaluation models and trading instruments, which more advanced and experienced traders will find advantageous, as it offers a high degree of flexibility, as well as its support for TradingView. While not exactly low-cost, its promos and discounts can shave up to 40% off the original challenge fee. In fact, if you have been trading successfully on other prop firms, you can even take advantage of their free trading competitions, where you will be awarded a challenge account of up to $400,000 when you win.

FXIFY Challenges
FXIFY Challenges

That said, there are key caveats that prevent us from giving it a higher rating. First, it explicitly does not accept US clients. Second, it has no free trial option, making it not ideal for complete beginners. Some of its promotional materials have conflicting (and even exaggerated claims) versus what its homepage and FAQ state. Its support is a point of frustration for many users and really needs a major improvement effort. Also, its default leverage is subpar (and higher leverage has a paywall). Finally, challenges are relatively more expensive, especially without promo and discount codes.

› Sign up for free with FXIFY! (Warning: Your Capital is at Risk)

Frequently Asked Questions (FAQs) on FXIFY

What are the available trading platforms in FXIFY?

FXIFY supports 4 trading platforms, namely: MetaTrader 4 (MT4), MetaTrader 5 (MT5), DXTrade, and TradingView.

Does FXIFY have an option for a 100% payout share split?

Yes, it offers a 100% payout share split as a paid add-on if you choose a Two Phase – Classic variant account. Otherwise, its maximum payout share split is 90% for all its other accounts.

Is FXIFY available for US clients? 

No. FXIFY explicitly does not accept clients from the US. This means that if you live in the US, FXIFY is not an advisable prop firm, even if you manage to open an account, as you are directly violating the prop firm’s policy and your account can be closed anytime with no refund.

Does FXIFY offer a free trial?

No. FXIFY does not offer a free trial. Hence, if you want to try using the prop firm, your next option is getting its cheapest challenge ($5k Three Phase account), which costs $39 before any promo / discount codes and paid add-ons.

Does FXIFY offer instant funding?

Yes, FXIFY does have a dedicated instant funding account type. Choosing this will let you skip the challenge (assessment) phase and trade a funded account immediately.

Andre Witzel
Trader and Founder
Andre Witzel is a trader and the founder of WR Trading. He started trading in 2015 next to his bachelor degree in economics. He is specialized on day trading and scalping the S&P500 Index. With high risk reward ratios he developed a strategic approach to beat the market and find the right directions.
Andre Witzel Potrait
Andre Witzel Trader and Founder
Andre Witzel is a trader and the founder of WR Trading. He started trading in 2015 next to his bachelor degree in economics. He is specialized on day trading and scalping the S&P500 Index. With high risk reward ratios he developed a strategic approach to beat the market and find the right directions.
Johannes Striegel
Johannes Gresham
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