Explore how FXIFY is setting new standards in the prop trading world with its innovative pre-paid card initiative, designed exclusively for its funded traders.

FXIFY Review: Elevating Your Trading Ambitions

As an aspiring trader, choosing the right prop trading firm is a pivotal decision in shaping your career’s trajectory. The market is flooded with various options, making this choice even more critical. This comprehensive review is dedicated to exploring FXIFY, a notable prop firm. FXIFY specializes in offering funding programs for traders who are active in diverse markets such as forex, cryptocurrencies, equities, and commodities. Our in-depth analysis covers key aspects of FXIFY’s funding programs, fee structures, range of tradable assets, and specific trading restrictions. This review aims to provide you with clear insights, enabling you to assess if FXIFY is the fitting prop firm to fulfill your trading aspirations.

Unveiling FXIFY: A Prop Trading Firm Revolutionizing Trader Empowerment

Enter the world of FXIFY, a prop trading firm that stands out in the realm of financial markets. FXIFY is not just another name in the industry; it’s a revolutionary platform offering traders access to a staggering capital of up to $4,000,000. Designed to maximize trading efficiency, FXIFY offers real-time analytics and vital metrics, equipping traders with the tools they need to refine their strategies and enhance their trading performance.

About FXIFY’s Unique Approach

FXIFY distinguishes itself with its highly adaptable trading accounts, perfectly tailored to fit each trader’s unique approach and strategy. Whether you’re inclined towards an aggressive trading style or prefer a more measured and flexible timeline to reach your targets, FXIFY customizes its accounts to align with your specific needs. The brains behind FXIFY comprise a team of seasoned traders, blending retail and institutional brokerage expertise. With over 30 years of collective experience in trading and brokerage, founders David Bhidey, Peter Brown, and Robert Winters are no strangers to the prop trading world. Their extensive experience with renowned prop firms has now culminated in the creation of FXIFY, a platform where their passion for trading and expertise are channeled into empowering other traders.

FXIFY’s Commitment to Support and Transparency

FXIFY is acutely aware of the challenges faced by traders and places immense value on creating a supportive and transparent trading environment. The firm offers two distinctive evaluation programs: the 1-phase and 2-phase evaluations. These programs are thoughtfully designed to cater to traders of varying skill levels and risk appetites. Moreover, FXIFY fosters a welcoming community, guiding traders through the intricacies of financial markets and propelling them towards their trading objectives. The flexibility at FXIFY is evident in the customizable aspects of the trading accounts. Traders have the liberty to choose their starting capital, trading platform, and other variables like leverage adjustment, evaluation period extension, and bi-weekly payouts. These bespoke options are designed to help traders leverage their skills to the fullest and realize their earning potential.

Exploring FXIFY’s Funding Program Options

At the heart of FXIFY‘s offerings are its two core funding evaluation programs: the 1-phase evaluation and the 2-phase evaluation. Both programs are intricately designed to test and gauge the trading proficiency of individuals, providing a gateway to accessing the firm’s substantial capital resources.

1-Phase Evaluation: Fast-Track to Funding

The 1-phase evaluation at FXIFY is tailored for traders who are looking to rapidly boost their capital. This streamlined assessment process requires traders to complete just one phase to qualify for funding. It’s an ideal path for those aiming for quick capital accumulation, provided they meet the set trading objectives within this single assessment stage. FXIFY takes pride in offering a customizable evaluation process, enabling traders to align the assessment with their individual trading strategies. This flexibility is not just about personalization; it’s about enhancing the likelihood of a trader’s success. The evaluation prioritizes low-risk trading strategies, which significantly boosts the chances of passing the evaluation. Furthermore, the 1-phase evaluation incorporates a scaling plan. This feature allows traders to progressively increase their account balance, potentially reaching up to $4,000,000, based on consistent trading performance.

2-Phase Evaluation: Comprehensive Skill Assessment

Contrasting with the 1-phase evaluation, the 2-phase evaluation at FXIFY involves a more extensive two-step process. This evaluation caters to traders with account sizes ranging from $25,000 to $400,000. The 2-phase route offers a unique opportunity for traders to showcase their trading acumen, potentially securing a funded account in as little as 20 days. Alternatively, traders have the option to remove the time constraint on the assessment, allowing them to progress at a pace that suits their trading style. The 2-phase evaluation is meticulously crafted to identify and nurture dedicated traders who possess the vital skills required in the prop trading sector. FXIFY values consistency, accuracy, and effective risk management in trading. Successful completion of the first assessment phase leads to the second assessment stage, after which traders can access the promised trading capital.

Understanding FXIFY’s Fee Structure

When it comes to pricing, FXIFY demonstrates both variety and transparency, catering to a wide range of trader needs and preferences. The firm offers a spectrum of pricing options, which are directly tied to the initial starting capital chosen by the trader. This ranges from $175 to $1,999, covering starting capitals between $25,000 and $400,000, thereby accommodating various budgets and trading styles.

Transparent Pricing and Assessment Fees

FXIFY’s commitment to transparency is evident in its straightforward pricing approach. There are no hidden charges or surprise fees. The assessment fee, which varies based on the selected starting capital, encompasses the costs of setting up and maintaining the evaluation account for the trader.

Flexible Fee Policies and Profit Splits

FXIFY adopts a trader-friendly fee policy. If a trader is profitable but falls short of the target, they are exempt from reset fees. Conversely, if a trader does not pass the evaluation, they can retake it at a 10% discounted rate, offering a fair balance between flexibility and cost-efficiency. The profit split at FXIFY starts at an impressive 75%, with an option for traders to enhance it further. By opting for an add-on at checkout, traders can increase their profit split by up to 15%, reaching a maximum of 90%. This upgrade does incur an additional charge, amounting to 20% of the standard fee.

Additional Add-Ons for Customization

FXIFY also offers additional customization options through various add-ons. Traders can choose between the standard monthly payout or opt for bi-weekly payouts by paying an extra 5% fee. This flexibility allows traders to access their earnings according to their preferred schedule. Another notable feature is the ability to increase leverage. By paying an additional 25%, traders can access leverage of up to 50:1 for forex and gold trading, opening up a wider array of trading possibilities. Furthermore, for those who prefer a more relaxed evaluation timeline, FXIFY offers an option to extend the evaluation period indefinitely for an extra 5% fee. These add-ons are designed to empower traders, allowing them to tailor their accounts to align seamlessly with their individual trading styles and needs.

FXIFY’s Extensive Range of Tradable Assets

FXIFY, in strategic partnership with FXPIG, a renowned broker established in 2010, delivers a unique proposition in the prop trading firm landscape. By equipping traders with all the necessary tools you’d expect from a conventional broker, FXIFY elevates the trading experience. Traders have the advantage of utilizing the popular MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platforms, backed by a top-notch multi-asset Tier 1 true STP broker. This collaboration ensures a premium, efficient trading environment.

Vast Selection of Trading Instruments

With FXIFY, traders gain access to an expansive array of over 300 trading instruments. This variety encompasses a multitude of markets, including stocks, cryptocurrencies, indices, and forex. Whether you are a seasoned trader in one of these markets or exploring new investment opportunities, FXIFY caters to a broad spectrum of trading preferences.

Commission-Free Trading and Diverse Opportunities

One of the standout features of FXIFY is its offering of commission-free trading for forex, gold/metals, and indices. This unique aspect enhances your trading experience by eliminating the usual costs associated with these assets, allowing for more efficient capital management and performance optimization. In addition to these assets, FXIFY also provides the opportunity to trade stocks and cryptocurrencies. This broadens the scope of investment possibilities, enabling traders to diversify their portfolios and explore various markets, all under one convenient and accessible platform.

FXIFY’s Trader-Friendly Trading Restrictions

FXIFY sets itself apart in the prop trading industry by implementing exceptionally relaxed trading rules, which significantly broadens its appeal to a diverse group of traders. Below, we explore the key aspects of FXIFY’s flexible trading environment:

Support for Expert Advisors (EAs)

FXIFY fully supports the use of Expert Advisors (EAs), embracing the integration of technology in trading. This feature allows you to automate your trading strategies, leveraging technology to enhance both your trading experience and outcomes. The utilization of EAs is a testament to FXIFY’s commitment to innovative and efficient trading practices.

Weekend Position Holding Permitted

In contrast to some prop firms, FXIFY provides the flexibility to hold your trades over the weekend. This capability allows traders to manage their positions in a way that best suits their individual trading styles and strategies, offering a significant advantage in planning and risk management.

No Consistency Rules

At FXIFY, traders are not bound by consistency rules. This freedom means you can trade at a rhythm that aligns with your strategy, unhampered by stringent requirements. This level of autonomy is particularly beneficial for traders who value flexibility in their trading approach.

Discretion in Setting Stop Loss

Another notable aspect of FXIFY’s relaxed trading rules is the absence of a mandatory stop loss requirement. Traders have full discretion over their risk management decisions, enabling them to make choices based on personal judgment and analysis. These lenient trading rules position FXIFY as a highly attractive option for traders seeking a more liberated and adaptable trading environment. The firm’s approach gives traders the much-desired freedom to trade in a way that best suits their individual preferences and strategies.

FXIFY Evaluation: Navigating the 1-Phase and 2-Phase Challenges

Understanding the intricacies of FXIFY’s evaluation process, which includes both 1-phase and 2-phase options, is crucial for traders aiming to leverage the firm’s resources. Here, we break down the specifics of each evaluation to provide a clearer picture of what to expect and how to succeed.

1-Phase Evaluation: Quick Path to Funding

In the 1-phase evaluation, traders begin by selecting an initial deposit amount, ranging from $25,000 to $400,000, depending on their trading goals. This evaluation sets a profit target of 10% to be achieved ideally within a 30-day timeframe. However, traders have the option to eliminate this time restriction during the checkout process, offering greater flexibility. Key elements of the 1-phase evaluation include:

• A daily loss limit of 5%, calculated based on the previous day’s end-of-day balance.
• A trailing drawdown limit of 6%, ensuring your account balance does not drop more than 6% from its highest point.
• A minimum requirement of 5 trading days to complete the evaluation.
• Standard leverage of 30:1, with an option to increase to 50:1 for forex and gold trades.

2-Phase Evaluation: Comprehensive Skill Assessment

The 2-phase evaluation maintains the initial profit target of 10% for the first phase but reduces it to 5% in the second phase, with a maximum trading day limit of 60 days. The evaluation features a static drawdown limit of 10%, offering a bit more room for account balance fluctuations. Post-Evaluation Process: Upon successful completion of either evaluation, FXIFY implements a thorough identity verification process using Sumsub. Once verified, traders are invited to sign a Trader Agreement as independent contractors. This process is facilitated by Deel, which handles the agreements and profit withdrawals. The entire setup, from agreement completion to funding the account, typically takes 24-48 business hours. Refund Policy: Traders who pass the evaluation are eligible for a refund upon their first withdrawal. This includes a full refund of the purchase cost plus an additional 25% bonus, amounting to a total refund of 125% of the initial cost.

FXIFY Trading Dashboard: A Cut Above the Rest

FXIFY’s trading dashboard is often hailed as one of the industry’s finest, boasting a blend of comprehensive functionality and user-friendly design. This sets FXIFY apart from typical white-label prop firms, offering traders a customized, high-quality trading experience.

Unique Collaboration with FXPIG

FXIFY’s standout feature is its collaboration with FXPIG, a respected broker since 2010. Leveraging FXPIG’s expertise as a Tier 1 true STP broker, FXIFY integrates vital tools and services typical of a regular broker into its prop trading platform. This synergistic partnership provides FXIFY traders with a superior trading environment, combining the benefits of a prop firm with the robust infrastructure of a seasoned broker.

Advanced Trading Platforms: MT4 and MT5

FXIFY offers access to the renowned MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, each equipped with a suite of advanced tools and features. MT4 is favored for forex and CFD trading, offering diverse technical indicators, extensive charting tools, and automated trading capabilities via Expert Advisors (EAs). Meanwhile, MT5 caters to traders seeking more advanced features and a wider array of asset classes. FXIFY traders have the flexibility to choose the platform that best aligns with their trading needs and preferences.

Engaging Trading Competitions and Exclusive Offers

In addition to its robust platform features, FXIFY enriches the trading experience by hosting free monthly trading competitions. These competitions provide an exciting opportunity for traders to showcase their skills, compete with peers, and potentially win prizes. Participating in these contests not only adds an element of excitement but also allows traders to refine their strategies in a competitive setting. The FXIFY dashboard also includes a dedicated Offers section, presenting exclusive discounts to the FXIFY community. These handpicked deals offer significant savings on trading-related products and services, enhancing the overall trading experience.

Convenient Withdrawal Process

FXIFY distinguishes itself with a streamlined and trader-friendly withdrawal process. The Withdrawal On Demand feature allows traders to access their profits swiftly, as soon as 24 hours after initiating their first live trade. This flexibility extends to withdrawal frequency, with options ranging from immediate access to bi-weekly withdrawals. This feature empowers traders to manage their earnings according to their individual financial strategies, whether aiming for immediate gains or long-term account growth.

Upcoming Features: FXIFY’s Commitment to Innovation

At the core of FXIFY‘s philosophy lies a steadfast commitment to continuous innovation and improvement. The firm is constantly evolving, aiming to enhance the trading experience for its users. Currently, FXIFY is in the process of developing two new and exciting features, set to bring additional benefits and opportunities to traders on its platform.

New Feature Developments at FXIFY

While specific details of these upcoming features are under wraps, they are anticipated to align with FXIFY’s tradition of providing robust, trader-centric solutions. These new additions are expected to further empower traders, offering more tools and options to optimize their trading strategies and performance. Stay tuned for more updates as FXIFY unveils these innovative features, reinforcing its position as a leading player in the prop trading industry. The introduction of these features underscores FXIFY’s dedication to staying ahead of market trends and catering to the evolving needs of modern traders.

FXIFY’s Upcoming Social Copy Trading Feature

FXIFY is on the brink of introducing an innovative feature that promises to revolutionize the way its users engage in trading: Social Copy Trading. This new addition to the FXIFY platform is designed to seamlessly integrate the trading strategies of its top-performing funded traders into your account, offering a simplified and effective approach to trading.

How Social Copy Trading Works

The essence of Social Copy Trading lies in its ability to instantaneously mirror the trades of successful FXIFY traders within your own account. This feature allows you to benefit from the expertise and proven strategies of seasoned traders, effectively leveraging their trading acumen to optimize your own trading outcomes.

Opportunities for Strategy Providers

If you are a trader with a live account on FXIFY and have a track record of generating consistent profits, the Social Copy Trading feature opens up an exciting opportunity. As a strategy provider, you can increase your earnings by sharing your successful trading strategies with others. When other traders choose to copy your strategy, you will be rewarded with an attractive 20% commission on the trades they execute based on your guidance. This upcoming feature is not just a tool for traders looking to replicate success; it’s also a platform for skilled traders to amplify their earnings and establish themselves as strategy leaders within the FXIFY community. As such, Social Copy Trading is poised to add significant value to FXIFY’s offerings, catering to both novice traders seeking guidance and experienced traders aiming to capitalize on their expertise.

FXIFY’s Innovative Pre-Paid Card Initiative

FXIFY, a leader in the prop trading industry, is set to introduce an exclusive pre-paid card service, tailored specifically for its funded traders. This innovative solution is designed to revolutionize the way traders access and utilize their earnings. The FXIFY pre-paid cards will offer traders a seamless and efficient method to withdraw their profits, adding convenience and flexibility to their financial management.  


With the introduction of these pre-paid cards, traders will gain the ability to directly transfer their earnings to the card. This feature not only simplifies the withdrawal process but also expands the usability of their funds. Traders can look forward to using their FXIFY pre-paid cards for a variety of transactions, including online shopping, in-store purchases, and even cash withdrawals, catering to their diverse financial needs. Currently, FXIFY is in the final stages of negotiation with Mastercard and anticipates rolling out this feature in the upcoming quarters, specifically between Q2 and Q3. This development is a testament to FXIFY’s commitment to enhancing the trading experience for its clients through innovative financial solutions.

FXIFY: A Paradigm of Innovation and Flexibility in Prop Trading

FXIFY distinguishes itself as a prop trading firm that truly understands and meets the varied requirements of traders in today’s dynamic markets. With its innovative approach to funding, lenient trading guidelines, and a broad spectrum of tradable assets, FXIFY sets up an ideal platform for traders at all levels of expertise to thrive. The founding team of FXIFY, equipped with extensive experience, is dedicated to the firm’s continual evolution. This commitment is evident in their introduction of pioneering features like Social Copy Trading and the anticipated launch of the FXIFY Pre-Paid Cards. These developments position FXIFY as a leading entity in the prop trading sector, adept at integrating modern solutions to enhance the trading experience. For traders in pursuit of a prop firm that offers a blend of support, transparency, and progressive opportunities, FXIFY emerges as a top contender. Its trajectory suggests it’s on the path to becoming one of the market’s most esteemed new prop firms. Aspiring and seasoned traders alike will find FXIFY an invaluable partner in achieving their trading aspirations.