Click Here | About FXIFY
FXIFY is a leading proprietary trading firm that offers cutting-edge technology, risk management, and support to traders and investors in the forex market.
Year Founded: FXIFY was founded in 2023 by a group of experienced traders, aiming to provide a flexible and supportive trading environment for traders of all levels.
Founders and Leadership: The firm is led by Peter Brown and David Bhidey, both of whom have extensive experience in the trading industry. They play key roles in shaping FXIFY’s strategic direction within the proprietary trading sector.
Office Address: FXIFY operates from its headquarters located at New Broad Street House, 35 New Broad Street, London, United Kingdom, EC2M 1NH.
Challenge Summary: FXIFY offers a variety of trading challenges, designed to evaluate traders’ skills and risk management abilities. Traders can choose between 1, 2, or 3-phase challenges, each with varying profit targets, drawdown limits, and account sizes, providing flexibility for different trading styles.
Main Trading Rules for Challenges
- Profit Targets: Profit targets vary depending on the chosen challenge. These may include targets in different phases for traders to meet before advancing.
- Daily Loss Limit: Traders are restricted to a daily loss limit of 5% of their account balance.
- Maximum Drawdown: A maximum drawdown of 10% applies across all challenges.
- Minimum Trading Days: The minimum number of trading days is set to 5, and traders are allowed to trade up to the maximum drawdown limit of 10%.
Trading Platforms: FXIFY supports trading on popular platforms including MT4, MT5, and DXTrade. These platforms are widely used by traders for their comprehensive tools and functionality.
Payment Methods: Payouts are processed through different options, offering traders flexibility in how they handle transactions. This variety ensures convenience and security for traders from different regions
- Credit Cards.
- PayPal.
- Cryptocurrency.
- Rise.
FXIFY Specific Trading Rules
- Expert Advisors (EAs): EAs are allowed, giving traders the ability to automate their trades or manage risk through these tools.
- Copy Trading: Traders are allowed to engage in copy trading on their own accounts, enabling them to mimic successful strategies.
- News Trading: FXIFY permits news trading, allowing traders to take advantage of market movements during major economic events.
- Stop Loss: While not required, using a stop loss is encouraged for better risk management.
- Weekend Holding: Traders are allowed to hold positions over the weekend, which is particularly beneficial for swing traders.
- Scaling Plan: FXIFY offers a scaling plan where traders can scale up to $4 million in funding based on their performance.
Refund Fees: FXIFY provides refund fees, starting at $59, depending on the account size. This ensures flexibility and transparency for traders who may need to request refunds for inactive or unactivated accounts.
Key Information
- Founder Since: April 2023.
- Based Country: United Kingdom.
| Join Challenge | Expert Advisors | Copy Trading | News Trading | HFT | Stop Loss | Weekend Holding | Scaling Plan | Refund Fees | Platform | Founded Country |
|---|---|---|---|---|---|---|---|---|---|---|
 Join Now | Allow | Allow | Allow | Not Allow | Optional | Allow | Up to 4M $ | 100% | MT4 | MT5 DXTrade | 2023 UK |
Write Review | Read Valuable Feedback
Explore Previous Valuable Insights!
Very fast ticket responding
Very fast ticket responding and providing fast updates upon addressing problem.
I had a terrible experience with FXIFX
I had a terrible experience with FXIFX, a so-called prop firm. After putting in hard work and trading responsibly, they abruptly breached my account without providing any valid reason. To make matters worse, they banned me from trading altogether! This is completely unacceptable and unethical. It’s clear that they don’t respect their clients or their traders. I would strongly advise anyone considering using FXIFX to be very cautious. Trust is crucial when choosing a prop firm, and FXIFX has shown they don’t deserve it. Avoid at all costs!
Trading during peak times
Trading during peak times, stable graphs, no interruptions, smooth work. Supporter’s response to inquiries is fast. And I hope that we will be partners. The parties can enter into a sustainable and long-lasting relationship.
FXIFY is for the people!
what a total amazing experience with you guys! and for those wondering, this is not a fake review, rather a review coming from an actual funded trader. Take it from me, these guys are the real deal, no jokeeee. I requested my first payout this past friday and i recieved it today, sunday, in my rise account! Legit firm and i can vouch for FXIFY!
Please avoid using this company
Please avoid using this company because it’s a total waste of time, I purchased an account with them and suddenly they started bringing up new commission charges which are too much. Also, I’ve got 3 pending payouts that they didn’t attend to and I reached out to their support, only for them to tell me that I’ve violated their rules. Stay away from them if you don’t want to lose your money. I was able to discover PAIVA, they’re the best in what they do and they’re more reliable in the services they render to their customers.
Satisfied with the overall experience
Very satisfied with the services provided, great support team, clear rules, easy to follow, flexible enough and it offers the needed tools to become a profitable trader. One thing to consider, when withdrawing profit, the account is “frozen/ locked” for a few days, but you are informed about the payment status, so it is not such a big deal.
| Challenge Name | Balance | Price | Target Phases | Profit Share | Daily Drawdown | Maximum Drawdown | Minimum Days | Maximum Days | Leverage |
|---|---|---|---|---|---|---|---|---|---|
| Three Phases | 05k | 39$ | 05% 05% 05% | Up to 90% | 05% Balance | 05% Static | 05 Days | Unlimited | Up to 1:50 |
| One Phase | 05K | 59$ | 10% | Up to 90% | 03% Balance | 06% Hybrid | 05 Days | Unlimited | Up to 1:50 |
| Two Phases | 05k | 59$ | 10% 05% | Up to 90% | 04% Balance | 10% Static | 05 Days | Unlimited | Up to 1:50 |
| Three Phases | 10k | 59$ | 05% 05% 05% | Up to 90% | 05% Balance | 05% Static | 05 Days | Unlimited | Up to 1:50 |
| Three Phases | 15k | 79$ | 05% 05% 05% | Up to 90% | 05% Balance | 05% Static | 05 Days | Unlimited | Up to 1:50 |
| One Phase | 10k | 89$ | 10% | Up to 90% | 03% Balance | 06% Hybrid | 05 Days | Unlimited | Up to 1:50 |
| Two Phases | 10k | 89$ | 10% 05% | Up to 90% | 04% Balance | 10% Static | 05 Days | Unlimited | Up to 1:50 |
| One Phase | 15k | 119$ | 10% | Up to 90% | 03% Balance | 06% Hybrid | 05 Days | Unlimited | Up to 1:50 |
| Two Phases | 15k | 119$ | 10% 05% | Up to 90% | 04% Balance | 10% Static | 05 Days | Unlimited | Up to 1:50 |
| Three Phases | 25k | 149$ | 05% 05% 05% | Up to 90% | 05% Balance | 05% Static | 05 Days | Unlimited | Up to 1:50 |
| One Phase | 25k | 199$ | 10% | Up to 90% | 03% Balance | 06% Hybrid | 05 Days | Unlimited | Up to 1:50 |
| Two Phases | 25k | 199$ | 10% 05% | Up to 90% | 04% Balance | 10% Static | 05 Days | Unlimited | Up to 1:50 |
| Three Phases | 50k | 249$ | 05% 05% 05% | Up to 90% | 05% Balance | 05% Static | 05 Days | Unlimited | Up to 1:50 |
| One Phase | 50k | 379$ | 10% | Up to 90% | 03% Balance | 06% Hybrid | 05 Days | Unlimited | Up to 1:50 |
| Two Phases | 50k | 379$ | 10% 05% | Up to 90% | 04% Balance | 10% Static | 05 Days | Unlimited | Up to 1:50 |
| Three Phases | 100k | 399$ | 05% 05% 05% | Up to 90% | 05% Balance | 05% Static | 05 Days | Unlimited | Up to 1:50 |
| One Phase | 100k | 499$ | 10% | Up to 90% | 03% Balance | 06% Hybrid | 05 Days | Unlimited | Up to 1:50 |
| Two Phases | 100k | 499$ | 10% 05% | Up to 90% | 04% Balance | 10% Static | 05 Days | Unlimited | Up to 1:50 |
| Three Phases | 200k | 799$ | 05% 05% 05% | Up to 90% | 05% Balance | 05% Static | 05 Days | Unlimited | Up to 1:50 |
| One Phase | 200k | 999$ | 10% | Up to 90% | 03% Balance | 06% Hybrid | 05 Days | Unlimited | Up to 1:50 |
| Two Phases | 200k | 999$ | 10% 05% | Up to 90% | 04% Balance | 10% Static | 05 Days | Unlimited | Up to 1:50 |
| Three Phases | 400k | 1599$ | 05% 05% 05% | Up to 90% | 05% Balance | 05% Static | 05 Days | Unlimited | Up to 1:50 |
| One Phase | 400k | 1999$ | 10% | Up to 90% | 03% Balance | 06% Hybrid | 05 Days | Unlimited | Up to 1:50 |
| Two Phases | 400k | 1999$ | 10% 05% | Up to 90% | 04% Balance | 10% Static | 05 Days | Unlimited | Up to 1:50 |
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