FXIFY at a glance
FXIFY is a proprietary trading firm based in United Kingdom, in business since 2023.
- programmes, across 2 plans
- 2
- Cheapest plan
- $549
On the record
- Based in
- United Kingdom
- Founded
- 2023
- Chief executive
- Peter Brown and David Bhidey
- Trades through
- Alchemy International Ltd
- Platforms
- TradingView
- Instrument types
- Cfd
Pay for a plan with
- Apple Pay
- Credit/Debit Card
- Crypto
- Google Pay
- PayPal
Get paid by
- Bank Transfer
- Crypto
- Riseworks
What FXIFY sells
2 plans in 2 programmes: 2 two-step evaluations.
2-stepStatic - 2-Phase - 2-Steps 100K2-step
The rules
- Payout schedule
- 14 days for 80% Profit split or 30 days for 100% profit split
On this programme
- News tradingNot allowed
- Copy tradingNot allowed
- Expert advisors (EAs)Allowed
- Weekend holdingAllowed
- Overnight holdingAllowed
- Stop lossNot required
2-stepTrailing - 2-Steps 100K2-step
The rules
- Payout schedule
- First payout on-demand, 30 days thereafter | 14 Days Payout with Add-On
On this programme
- News tradingNot allowed
- Copy tradingNot allowed
- Expert advisors (EAs)Allowed
- Weekend holdingAllowed
- Overnight holdingAllowed
- Stop lossNot required
Compare all 2 programmes side by side
| Programme | Type | Sizes | Split | Target | Max drawdown | Daily loss | Min days | Leverage | Fee refund |
|---|---|---|---|---|---|---|---|---|---|
| Static - 2-Phase - 2-Steps 100K | 2-step | Not recorded | Not recorded | Not recorded | Not recorded | Not recorded | Not recorded | Not recorded | Not recorded |
| Trailing - 2-Steps 100K | 2-step | Not recorded | Not recorded | Not recorded | Not recorded | Not recorded | Not recorded | Not recorded | Not recorded |
Leverage by market
Leverage runs from 1:2 on Stocks to 1:50 on FX, depending on the programme.
| Market | Instant | 1-step | 2-step | 3-step |
|---|---|---|---|---|
| FX | 1:50 | 1:30 | 1:30 | 1:30 |
| Metals | 1:20 | 1:30 | 1:30 | 1:30 |
| Other Commodities | 1:20 | 1:10 | 1:10 | 1:10 |
| Stocks | 1:2 | 1:2 | 1:2 | 1:2 |
| Indices | 1:15 | 1:10 | 1:10 | 1:10 |
| Crypto | 1:2 | 1:2 | 1:2 | 1:2 |
How FXIFY pays
Payouts are made by Bank Transfer, Crypto, and Riseworks.
- Payout methods
- 3
- Payout schedules stated
- 2
Paid out by
- Bank Transfer
- Crypto
- Riseworks
Payout schedules, in the firm’s words
14 days for 80% Profit split or 30 days for 100% profit split
Static - 2-Phase - 2-Steps 100K
First payout on-demand, 30 days thereafter | 14 Days Payout with Add-On
Trailing - 2-Steps 100K
Split and schedule, programme by programme
| Programme | Split | Payout schedule | Fee refund |
|---|---|---|---|
| Static - 2-Phase - 2-Steps 100K2-step | Not recorded | 14 days for 80% Profit split or 30 days for 100% profit split | Not recorded |
| Trailing - 2-Steps 100K2-step | Not recorded | First payout on-demand, 30 days thereafter | 14 Days Payout with Add-On | Not recorded |
Payout policy
ONE PHASE, TWO PHASE [CLASSIC (STATIC), STANDARD (TRAILING)], THREE PHASE
Profit Split
80% Up to 90% (can go higher with add-ons)
Payout Frequency
- 1st Payout on demand, subsequent payout is every 30 days / 14 Days Payout with Add-On
- No Payout on Demand with 2 - Step CLASSIC, 80% Profit split Bi-Weekly & 100% Profit split Monthly
LIGHTNING CHALLENGE, INSTANT FUNDING
Profit Split
80%
Payout Frequency
- Lightning challenge: 1st payout in 7 Days, Subsequent payout is Bi-weekly
- Instant Funding: Bi-weekly
Minimum Withdrawal Amount
$50 on all account types
Payout Processing Time
Within 3 Business Days
Withdrawal Drawdown Lock-in (Trailing Drawdown)
- When you request a withdrawal, the Max Drawdown locks at your starting balance, regardless of profits made.
- This means the buffer created by your profits is reduced by the amount withdrawn.
- Withdrawing all available profit would put your account at risk of breaching the MAX drawdown thresholds.
See details:
- How do withdrawals affect drawdown on 1- and 2-phase accounts
- Lightning plan: How does trailing drawdown affect withdrawals
- Instant Funding: How trailing drawdown affects withdrawals
Ukraine Payout Information
For Traders based in Ukraine, where Rise is not available, FXIFY can process payouts via Crypto payments (USDC/USDT). If this applies to you, please contact their support team for more information.
Rise Restricted U.S States Payout Information
If a user is in one of the U.S. states where Rise is currently unavailable, their payout can be processed via bank wire.
SCALING PLAN
- No scaling for Instant Funding & Lightning Challenge
- The trader must achieve a 10% return in the first three months, ensuring at least two months are profitable, to qualify for a 25% scaling up. Future scaling will happen every three months under the same conditions, with the account balance doubling each time.
What you can trade
6 asset classes, traded as CFDs.
Asset classes
- FX
- Metals
- Other Commodities
- Stocks
- Indices
- Crypto
Instrument types
- CFDs
Trading costs
Commission-free on 4 of 6 markets; the rest charge per lot.
- FXCommission free
- MetalsCommission free
- Other CommoditiesCommission free
- Stocks
- IndicesCommission free
- Crypto
What FXIFY lets you do
Across all 2 plans, as recorded programme by programme.
- News tradingNot allowed on any plan
- Copy tradingNot allowed on any plan
- Expert advisors (EAs)Allowed on every plan
- Weekend holdingAllowed on every plan
- Overnight holdingAllowed on every plan
- Stop lossNot required on any plan
Consistency rules
2-Step Classic
A 25% Daily Consistency Rule applies: You cannot request a payout until the highest profit trading day falls below the 25% of total profits made on that account within that particular period.
Lightning
- Evaluation: 30% Consistency score (One trading day's profit should not be more than 30% of the total profit to be able to pass the evaluation)
- Funded: 30% Consistency score (One trading day's profit should not be more than 30% of the total profit during payout)
Firm rules
GENERAL RULES
Inactivity Rule
60 Days Inactivity period (must trade at least once in 60 days to keep the account active, violation results to account breach)
EAs Availability
- These are specific for MT accounts only.
- Pine Script: This is specific for TradingView.
- For its review, please provide the following details to allow us to assess it directly:
- Brief description of the EA
- Timeframe it trades on
- Average holding time of open positions
- Trading pairs used
- Take profit target (in pips)
- Whether it uses High-Frequency Trading (HFT): Yes/No
- Whether it involves Latency Arbitrage: Yes/No
Crypto Availability
No crypto assets will be allowed on Forex-based accounts, effective December 1, 2025.
Third party purchase policy
Accounts obtained through third-party purchases are subject to termination. In limited cases, such as a married couple with a shared bank account, exceptions may apply
Prohibited Trading Practices/Strategies
- High Frequency Trading (HFT)
- Reverse Hedging
- Group Hedging
- Account Management
- Latency Arbitrage
- Use of a Delayed Data Feed
- Trading on Delayed Charts
- Order Book Spamming
- Herd Trading
- Collusion Between Users
- Poor Money Management
- Improper Risk Management
- Gambling Behavior (YOLO strategies, impulsive/emotional trading)
- Exploiting Bugs and Glitches (including arbitrage through glitches)
- High Leverage News Trading (HLNT – if used as gambling without proper risk management)
- Statistical Arbitrage
- See details: https://fxify.com/fxifys-prohibited-strategies/
IP/Device Policy
Traders can use different IPs and devices — this is allowed and not a violation.
Multiple accounts using the same IP may trigger a review, as it can suggest prohibited activities like account management.
FXIFY also checks CID (computer ID). If multiple users share the same CID, this raises concerns about account management or KYC violations.
ONE PHASE, TWO PHASE [STANDARD (TRAILING) & CLASSIC (STATIC)], THREE PHASE
One Phase, Two Phase Standard & Three Phase Minimum Trading days
- Evaluation & Funded: 5 days for each phase
Two phase Classic Minimum Trading days
- Evaluation & Funded: 4 days for each phase
News Trading
Allowed without Restriction
Expert Advisors (EAs)
Allowed
Copy Trading
- Copy trading is allowed between your own FXIFY accounts and from FXIFY accounts to other accounts.
- Traders can copy trades into your FXIFY accounts from another account, but you must first provide FXIFY with the master account statement in HTML format.
- Copying trades from third parties is strictly prohibited.
Weekend Holding
Allowed
INSTANT FUNDING
Minimum Trading Days
None
News Trading
Restricted 5 minutes before and 5 minutes after high impact news. Holding through the news is allowed but executing trades (Opening, closing, market orders including stop loss and take profit orders within this 10-minute window is restricted. any profit made within this window is not counted.
Copy Trading
Prohibited
Weekend Holding
Not Allowed, Open positions will be automatically closed before market closes on Friday
Expert Advisors (EAs)
Prohibited, the use of EA’s, bots and copy traders is prohibited and can run the risk of account being terminated
The Instant Funding plan is available to be traded on MT5 and DxTrade RAW accounts.
LIGHTNING CHALLENGE
Minimum Trading days
Evaluation & Funded: minimum of 3 days so as to adhere to the consistency rule
Time Limit
7 Days - 5 Trading days
Stop Loss Rule
Required, 1st & 2nd trades without stop loss automatically closes (soft breach). The 3rd trade without a stop loss is a Hard breach.
News Trading
Restricted 5 minutes before and 5 minutes after high impact news. Holding through the news is allowed but executing trades (Opening, closing, market orders including stop loss and take profit orders within this 10-minute window is restricted. any profit made within this window is not counted.
Night and Weekend Holding
Allowed
Consistency Rule
- Evaluation: 30% Consistency score (One trading day's profit should not be more than 30% of the total profit to be able to pass the evaluation)
- Funded: 30% Consistency score (One trading day's profit should not be more than 30% of the total profit during payout)
Copy Trading
Prohibited, Traders must execute their own trades without replicating the trades of others.
Expert Advisors (EAs)
Prohibited, the use of EA’s and bots is prohibited and can run the risk of account being terminated
ONLY Raw spreads and MT5 are available for this challenge type.
Performance Protect
FXIFY Performance Protect is a unique feature designed to safeguard funded traders’ accounts in the event of a drawdown breach. Perfomance protect explained: https://fxify.com/faqs/all-faqs/performance-protect/
Where FXIFY does not take traders
Residents of 33 countries cannot open an account with FXIFY.
- Afghanistan
- Algeria
- Burundi
- Central African Republic
- Cuba
- Democratic Republic of the Congo
- Eritrea
- Ghana
- Guinea
- Guinea-Bissau
- Haiti
- Iran
- Iraq
- Ivory Coast
- Kenya
- Liberia
- Libya
- Myanmar
Show 15 moreShow fewer
- Nicaragua
- North Korea
- Palestine
- Papua New Guinea
- Republic of the Congo
- Russia
- Somalia
- South Sudan
- Sudan
- Syria
- Vanuatu
- Venezuela
- Vietnam
- Yemen
- Zimbabwe
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