Funded Next vs FXIFY

Every figure below is computed from the same normalised dataset, so the two firms are measured on identical terms.

Funded Next vs FXIFY — the short answer

FXIFY is the cheaper route to a $100,000 funded account at $399 against $400 for Funded Next — a difference of $1. FXIFY advertises the higher profit split at 100% against 95%. Across 12 directly comparable measures, Funded Next leads on 4 and FXIFY on 3.

Where Funded Next wins

  • Cheapest evaluation entry price: $33
  • Maximum drawdown limit: 6%
  • Community rating: 4.6/5 (5)
  • Founded: 2022

Where FXIFY wins

  • Evaluation cost to a $100,000 account: $399
  • Cheapest evaluation cost per $1,000 funded: $3.99
  • Maximum advertised profit split: 100%
Funded Next

4.6

(5 reviews)

FXIFY

3.95

(10 reviews)

Cost

Evaluation cost to a $100,000 account

The fairest like-for-like price: entry prices are not comparable when the smallest account differs.

$400

$399

Cheapest evaluation cost per $1,000 funded

$3.99

$3.99

Cheapest evaluation entry price

The smallest account each firm sells — useful for a first attempt, not for comparing value.

$33

$39

Instant funding to $100,000

Priced on a different basis to an evaluation — there is no challenge to pass.

Not offered

$4,249

Programme

Evaluation types offered

2-step, 1-step, instant

1-step, 2-step, 3-step, instant

Maximum advertised profit split

Usually requires a scaling plan or a paid add-on rather than being the default.

95%

100%

Phase 1 profit target

4%

4%

Account sizes sold

$2,000, $5,000, $6,000, $10,000, $15,000 +5 more

$1,000, $2,500, $5,000, $10,000, $15,000 +8 more

Risk rules

Daily drawdown limit

A larger limit is more room to trade, not a better product.

3%

3%

Maximum drawdown limit

6%

4%

Maximum drawdown style

Static is fixed from your starting balance. Trailing follows your peak and is harder to trade.

Trailing

Trailing

Drawdown measured on

Equity counts open positions in real time. Balance counts only closed trades.

Equity

Equity

Payouts

Payout frequency

Bi-weekly

14 or 30 Days

Payout methods

Not published

Bank Transfer, Riseworks, Crypto

Payment methods accepted

Credit/Debit Card, Cryptocurrency, Perfect Money, Bank Transfer

Paypal, Crypto, Google Pay, Apple Pay +2 more

Platforms & markets

Trading platforms

MT4, MT5, cTrader, MatchTrader +1 more

DXtrade, MT5, TradingView

Instruments

Forex, Indices, Commodities, Crypto +1 more

Forex, Indices, Commodities, Stocks +2 more

Maximum forex leverage

More leverage is more flexibility and more risk — neither firm is better here by default.

1:100

1:50

Track record

Community rating

4.6/5 (5)

4.0/5 (10)

Founded

Longer in market is more track record, all else equal.

2022

2023

Company location

United Arab Emirates

United Kingdom

Prop Firm Pal verification

Verified

Verified

A highlighted cell means that value is more favourable to the trader on a measure with a defensible direction — cheaper, more drawdown room, a lower target. Rows where the better choice depends on how you trade, such as leverage or platform support, are shown without a highlight. Prop Firm Pal earns affiliate commission from some listed firms; this never affects the figures above.

Frequently asked questions

Funded Next and FXIFY, answered from the data above

Is Funded Next or FXIFY cheaper?

FXIFY is cheaper for an evaluation to a $100,000 funded account at $399, against $400 for Funded Next. Entry prices differ too — Funded Next starts at $33 and FXIFY at $39 — but those are for different account sizes, so they are not a like-for-like comparison.

Which has the better profit split, Funded Next or FXIFY?

FXIFY advertises the higher maximum at 100%, against 95% at Funded Next. Note that the advertised maximum usually requires a scaling plan or a paid add-on rather than applying to a first account.

What is the difference in drawdown rules between Funded Next and FXIFY?

Daily drawdown is 3% at Funded Next and 3% at FXIFY. Maximum drawdown is 6% and 4% respectively. Both use a trailing maximum drawdown.

What platforms do Funded Next and FXIFY support?

Funded Next supports MT4, MT5, cTrader, MatchTrader, Trade Locker. FXIFY supports DXtrade, MT5, TradingView.

Which is rated higher by traders, Funded Next or FXIFY?

Funded Next scores 4.6/5 from 5 reviews and FXIFY scores 4.0/5 from 10 reviews on Prop Firm Pal. Review scores are trader-submitted and are independent of any commercial relationship.

Should I choose Funded Next or FXIFY?

On the 12 directly comparable measures on this page, Funded Next leads on 4 and FXIFY on 3, with 5 tied. Which of those measures matters depends on how you trade: cost matters most if you expect to need several attempts, drawdown style matters most if you hold positions overnight, and payout terms matter most once you are funded. Prop Firm Pal does not recommend one firm over another, and earns affiliate commission from some listed firms.

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