FXIFY is a leading proprietary trading firm that provides funding programs for forex, cryptocurrency, equity, and commodity traders.
With a total of $4,000,000 in risk capital, FXIFY offers personalized trading accounts and a supportive community to help traders achieve their financial goals.
Why You Should Consider FXIFY?
Personalized Accounts: FXIFY allows traders to customize their accounts according to their trading habits and preferences, providing a tailored trading experience.
Two Evaluation Options: Traders can choose between a 1-phase or 2-phase evaluation process, allowing flexibility in the assessment process.
Flexible Funding Options: FXIFY offers funding evaluation account sizes ranging from $25,000 to $400,000, accommodating traders with varying capital requirements.
Transparent Fees: The firm provides clear and upfront pricing, with no hidden costs or fees. Traders have the option to choose their starting capital and pay an assessment fee accordingly.
Relaxed Trading Rules: FXIFY allows traders to use Expert Advisors (EAs), hold trades over the weekend, and does not impose consistency rules, providing freedom and flexibility in trading.
Steps To Get Funded
FXIFY offers two evaluation options for traders:
1-phase Evaluation:
Traders complete a single assessment phase to qualify for funding.
Customize the evaluation to align with your trading strategy.
Profit target: 10%
Daily loss limit: 5%
Max trailing drawdown: 6%
Minimum trading days: 5 days
Maximum trading days: 30 (unlimited available)
Profit split: Up to 90%
2-phase Evaluation:
A two-step process to assess traders’ skills.
Evaluation account sizes range from $25,000 to $400,000.
Profit target in Step 1: 10%
Daily loss limit in Step 1: 5%
Max drawdown in Step 1: 10%
Profit target in Step 2: 5%
Daily loss limit in Step 2: 5%
Max drawdown in Step 2: 10%
Minimum trading days: 5 days
Maximum trading days in Step 1: 30 (unlimited available)
Maximum trading days in Step 2: 60 (unlimited available)
Profit split: Up to 90%
FXIFY Scaling Plan
FXIFY offers a scaling plan that allows traders to compound their account balance to the subsequent level. The scaling plan can continue up to $4,000,000 in risk capital, providing opportunities for capital growth based on meeting the trading objectives.
Trading Instruments
FXIFY, in partnership with the reputable broker FXPIG, which has been serving traders since 2010, offers a unique proposition in the world of trading instruments. They provide all the essential tools you’d expect from a regular broker, ensuring a seamless trading experience. Whether you prefer the widely recognized MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platforms, FXIFY’s collaboration with a top-tier multi-asset Tier 1 true STP broker guarantees an optimal trading environment.
One standout feature of FXIFY is the vast array of over 300 trading instruments at your disposal. This diverse selection spans various markets, including stocks, cryptocurrencies, indices, and forex, making it suitable for traders of all types. No matter your preferred trading choice, FXIFY has got you covered.
What truly sets FXIFY apart is its commission-free trading for forex, gold/metals, and indices. This exclusive offering enables traders to enhance their performance by eliminating the additional costs typically associated with these assets. Furthermore, FXIFY also allows you to venture into the realms of stocks and cryptocurrencies, broadening your investment horizons all within one convenient platform. It’s the perfect hub for traders looking to diversify their portfolio and make the most of their trading journey.
Trading Fees
When it comes to trading fees, FXIFY has you covered with a range of pricing options designed to suit different traders’ needs. The fees vary depending on your initial starting capital, giving you the flexibility to choose what works best for your budget and trading style.
FXIFY allows traders to pick their starting capital from a range of $25,000 to $400,000. This wide range ensures that both beginners and experienced traders can find an option that suits them. The best part? FXIFY is transparent about its pricing, so you don’t have to worry about hidden costs or unexpected fees. The assessment fee, which is part of the pricing structure, covers the setup and maintenance of your evaluation account.
What sets FXIFY apart is its fair fee structure. If you’re profitable but don’t meet your target, you won’t be charged a reset fee. And if you happen to fall short during the evaluation, you have the opportunity to retake it with a 10% discount. This policy promotes flexibility and growth while keeping fees reasonable.
FXIFY offers a profit split starting at 75%, but here’s where it gets interesting. You can increase your profit split by 15% all the way up to 90% by purchasing an add-on at checkout. Keep in mind that upgrading to a higher profit split comes with an additional charge of 20% of the regular fee.
Another perk is the choice of payout schedules. You can opt for the standard monthly payout or go for bi-weekly payouts for a little extra (5% fee). This flexibility allows you to access your earnings more frequently to match your financial preferences.
What makes FXIFY stand out even more are its customizable add-ons. These add-ons let you tailor your account to your specific trading style and needs. For example, by paying an additional 25%, you can increase your leverage, giving you access to leverage of up to 50:1 for forex and gold trading. This increased leverage opens up more opportunities to maximize your trades. Additionally, for a 5% fee, you can extend the evaluation period to unlimited days, allowing you to showcase your skills and achieve your evaluation goals at your own pace. These add-ons empower you to create an account that perfectly suits your trading requirements.
Payment Proof
There is no specific information provided about payment proof in the provided outline.
Subscription & Profit Withdrawal Methods
According to FXIFY, they support a $99 one-time subscription fee for both account types.
Also, they provides multiple withdrawal methods for traders, including:
Deel: Withdraw payouts using various methods such as Wise, Paypal, Bank transfer, Payoneer, Revolut, Mercury, etc.
Cryptocurrency
Pre-Paid FXIFY card (Coming Soon)
Brokers Used By FXIFY
FXIFY is connected with the broker FXPIG, offering traders access to a wide range of markets including stocks, crypto, indices, and forex. Traders can trade using the popular MetaTrader 4 and MetaTrader 5 platforms.
Final Thoughts
FXIFY stands out as a reputable proprietary trading firm that offers personalized trading accounts, flexible evaluation options, and a supportive community. With transparent pricing, relaxed trading rules, and a commitment to client satisfaction, FXIFY provides traders with an opportunity to showcase their skills and grow their capital. Consider FXIFY if you are seeking a prop firm that prioritizes flexibility, customization, and transparency.
