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FXIFY

FXIFY

Verified

fxify.com

CEO

David Bhidey

Country

🇬🇧

UK

Date Created

April 2023

Years in Operation

3

3.75

Based on 8 reviews

Rules

No High-Frequency Trading

Algorithms that exploit speed are strictly banned.

Using advanced algorithms to execute large volumes of trades in fractions of a second is prohibited. HFT strategies are considered market manipulation and will result in immediate account termination with all profits voided.

No Reverse or Group Hedging

Offsetting positions across accounts is not permitted.

Placing opposing positions across multiple accounts to artificially reduce risk is strictly prohibited, whether done alone or in coordination with others. Each account must reflect genuine, independent market exposure at all times.

No Third-Party Trading

Only the registered account holder may trade.

Having someone else trade on your behalf, trading another person's account, or using pass-your-challenge services is strictly forbidden. All trading must be performed by the individual who registered the account.

No Latency Arbitrage

Exploiting price feed delays is a hard breach.

Using EAs or any method to exploit delays between price updates across platforms is prohibited. Taking advantage of stale prices before the platform catches up provides an unfair edge and will result in account termination.

No Gambling-Style News Trading

Oversized bets around news events are not allowed.

Placing oversized leveraged positions around major news events without proper risk management is considered gambling and is prohibited. News trading is permitted but traders must manage risk appropriately and account for wider spreads during volatile periods.

One Profile Per Trader

Multiple registrations are strictly forbidden.

Each trader may only hold a single profile with FXIFY. Creating multiple accounts, including using different email addresses, is strictly prohibited and will result in termination of all associated accounts.

No Platform Exploitation

Errors and glitches must not be traded.

Taking advantage of any platform errors, glitches, or execution delays to profit unfairly is strictly prohibited. Any profits generated through exploitation of platform issues will be voided.

All information provided on this site is intended solely for educational purposes related to trading on financial markets and does not serve in any way as a specific investment recommendation, business recommendation, investment opportunity analysis, or similar general recommendation regarding the trading of investment instruments.

Prop Firm Pal provides comparison, review, and educational resources only. We do not operate as a proprietary trading firm, broker, or custodian, do not offer simulated trading accounts or evaluations, and do not provide execution or custody of funds.

The information on this site is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local laws or regulations.

Prop Firm Pal does not act as a broker and does not accept any deposits.

Data, tools, and third-party references on this site are provided for informational purposes; availability and accuracy may depend on third-party sources outside our control.

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