FXIFY, a leading proprietary trading firm, has announced a series of highly anticipated updates that are set to reshape its offerings this December. From innovative funding solutions to enhancements in trader evaluation processes, here’s a detailed look at what’s coming:
1. Instant Funding Program: Trade Live Capital Without Delays
The spotlight is on FXIFY’s Instant Funding Program, designed for traders eager to skip traditional evaluation hurdles. This program offers:
- Flexible Account Sizes: Choose between $1,000 and $50,000 to match your trading ambitions.
- Competitive Leverage:
- 50:1 for forex
- 20:1 for commodities
- 15:1 for indices
- 2:1 for cryptocurrencies
- Generous Profit Split: Traders can earn up to 80% of their profits.
- Risk Management Rules: Includes an 8% trailing drawdown to ensure capital protection and sustainable growth.
Why It Matters: This program empowers traders to dive directly into live trading, accelerating their journey to profitability.
2. Futures Trading Program: Open Beta Launch
Adding to the excitement is the upcoming Futures Trading Program, now in its beta phase. Key highlights include:
- Massive Interest: Over 100,000 traders have already joined the waitlist.
- Diverse Futures Offering: Aimed at catering to traders looking to explore futures markets with advanced tools and support.
- Launch Timeline: Set to go live in just a few weeks.
Why It Matters: FXIFY is tapping into the booming futures market, providing traders with new avenues for diversification and profit.
3. Revamped 2-Phase Challenge
As part of its continuous improvement, FXIFY is updating its 2-Phase Challenge. Changes include:
- From Static to Trailing Drawdown: All new accounts purchased after November 24th will operate under the trailing drawdown model.
- Grandfather Clause: Accounts purchased before this date retain the static drawdown rules.
- No Change for Funded Accounts: The shift only affects the challenge phase.
Why It Matters: The updated rules aim to align trader performance with real-time market conditions, fostering better discipline.
Why These Updates Are Significant
- Enhanced Trader Flexibility: From skipping evaluations to choosing account sizes and markets, traders have more options than ever.
- Increased Market Accessibility: The addition of futures trading broadens the scope for FXIFY’s global trader community.
- Commitment to Capital Protection: With tailored drawdown models and risk management, FXIFY ensures sustainability for both traders and the firm.
About FXIFY: A Trusted Partner for Skilled Traders
FXIFY identifies and supports disciplined traders through its structured evaluation programs. The firm offers three main pathways to funding:
- Two-Step Evaluation: A traditional approach for risk-focused traders.
- One-Step Evaluation: For experienced traders confident in their strategies.
- Three-Step Evaluation: A phased approach for steady skill-building.
Traders who pass their respective evaluations gain access to funded accounts and competitive profit splits, now enhanced with these December updates.
Final Thoughts
The December rollout positions FXIFY as a dynamic player in the proprietary trading space. By addressing trader needs with innovative programs and enhanced risk frameworks, FXIFY is set to attract both seasoned professionals and ambitious newcomers.
Stay tuned for these exciting updates and take advantage of FXIFY’s evolving offerings to elevate your trading career!
