
3.95
10 reviews
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About the firm
FXIFY is a prop firm founded in April 2023 and headquartered in London, UK, registered as FXIFY Solutions Limited (Company No. 14451720). Co-founded by David Bhidey and Peter Brown, the firm offers 1-Step, 2-Step, 3-Step, Lightning, Instant Funding, and Crypto evaluation programs with simulated accounts ranging from $5,000 to $400,000, scalable up to $4,000,000. In partnership with broker FXPIG, FXIFY is known for on-demand payouts from the first funded trading day, highly flexible trading conditions including EAs, grid trading, and martingale strategies, and over $30 million paid out to traders.
Supported platforms
Broker & platforms
Broker
Payment & payout methods
Payment methods
Payout methods
Instruments & assets
Type of instruments
Challenge
Metals
Energy
Crypto
Indices
1 PHASE
Metals
NA
Energy
1:20
Crypto
NA
Indices
1:15
2 PHASE CLASSIC
Metals
NA
Energy
1:20
Crypto
NA
Indices
1:15
2 PHASE STANDARD
Metals
NA
Energy
1:20
Crypto
NA
Indices
1:15
3 PHASE
Metals
NA
Energy
1:20
Crypto
NA
Indices
1:15
STANDARD INSTAND FUNDING
Metals
NA
Energy
1:20
Crypto
NA
Indices
1:15
LITE INSTANT FUNDING
Metals
NA
Energy
1:20
Crypto
NA
Indices
1:15
Commissions & fees
Instant funding, No minimum trading days, News trading allowed, On-demand payouts, Competitions
Firm Rules
Drawdown Limits
Traders must respect both daily drawdown limits and maximum drawdown limits on all accounts.
Minimum Trading Days
Evaluation accounts require a minimum of 5 trading days per phase to qualify for completion.
Account Inactivity
Accounts must not remain inactive for more than 60 consecutive days; at least one trade must be placed before this period ends.
Profile & KYC Requirements
- Traders may only have one FXIFY profile.
- KYC verification is required for all accounts.
Expert Advisors & Automated Trading
Expert Advisors (EAs) and bots are not allowed on Instant Funding accounts.
Copy Trading
Copy trading is restricted: copying between FXIFY accounts may be permitted, but copy trading is not allowed on Instant Funding Lite accounts.
Prohibited Strategies
The following strategies are prohibited across all accounts:
- Exploiting platform errors
- Arbitrage
- Latency exploitation
- Other rule-abusing strategies
News Trading Restrictions
On Instant Funding accounts, news trading is not allowed. Traders must not open or manage positions 5 minutes before, during, or 5 minutes after high-impact news events.
Risk Management
Proper risk management is required on all accounts.
Instant Funding Account Limits
Traders may hold a maximum of one Instant Funding account at a time.
Rule Breach Consequences
Breaching any firm rules results in account termination.
Challenge
Type
Account sizes
Type
1-Step
Account sizes
$5.00K, $10.00K, $15.00K, $25.00K, $50.00K, $100.00K, $200.00K, $400.00K
Type
2-Step
Account sizes
$5.00K, $10.00K, $15.00K, $25.00K, $50.00K, $100.00K, $200.00K, $400.00K
Type
3-Step
Account sizes
$5.00K, $10.00K, $15.00K, $25.00K, $50.00K, $100.00K, $200.00K, $400.00K
Type
Instant
Account sizes
$1.00K, $2.50K, $5.00K, $10.00K, $25.00K, $50.00K, $75.00K, $100.00K
Payout policy
General payout process: Payout requests are submitted through the trader dashboard. FXIFY processes payouts through Rise. Traders must register with Rise using the same email address as the FXIFY account and verify the Rise account. Withdrawals are usually processed within 3 business days after verification is complete.
Minimum withdrawal: $50.
1 Phase, 2 Phase Trailing & 3 Phase challenges
- First withdrawal: on demand after the first profitable live account trade.
- Subsequent withdrawals: monthly by default; every 14 days if the bi‑weekly payout add‑on was purchased.
Instant Funding
- First payout: 14 days after the first trade.
- Subsequent payouts: every 14 days.
Lightning accounts
- First payout: after 7 days.
- Subsequent payouts: every 14 days.
Crypto Challenge accounts
- 80% profit split: withdrawals every two weeks.
- 100% profit split: withdrawals once per month.
Crypto Instant Funded accounts
- Fixed 80% profit split.
Payout methods
- Rise
- Crypto payments (USDC/USDT in supported cases)
- Bank wire in certain regions where Rise is unavailable
Restricted countries
Traders from the following countries cannot open accounts with this firm.
FAQs
What is FXIFY?
FXIFY is a proprietary trading firm that provides traders with access to simulated funded trading accounts after completing evaluation programs. Successful traders can receive profit payouts according to FXIFY's payout policies.
What trading platforms does FXIFY offer?
FXIFY offers MetaTrader 5 (MT5), cTrader, and DXtrade platforms depending on the account type selected.
What is the leverage?
Our standard accounts have the following leverage: FX & Gold: 30:1 Indices: 10:1 Oil: 5:1 Stocks: 2:1 You can customize the leverage at checkout and increase it to: FX & Gold: 50:1 The following exotic pairs have fixed leverage of 1:6: EURMXN EURTRY USDCNH USDCZK USDDKK USDHKD USDHUF USDILS USDMXN USDNOK USDPLN USDSEK USDSGD USDTRY USDZAR
How do I withdraw my profits?
To withdraw your profits, you need to request a payout through your FXIFY dashboard. FXIFY uses Rise for payouts. You need to register with Rise using the same email address as your FXIFY account and complete verification. Once verified, payouts are usually processed within 3 business days.
What payout methods are available?
FXIFY processes payouts through Rise. Depending on your location and availability, payout options may include bank transfer and cryptocurrency options through supported payout providers.
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