GENERAL RULES
Inactivity Rule 60 Days Inactivity period (must trade atleast once in 60 days to keep the account active, violation results to account breach)
EAs Availability These are specific for MT accounts only.
Crypto Availability Cryptocurrencies are only available on MT4 & MT5
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
Account Types That Allow EAs
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
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 Behaviour (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) & THREE PHASE
Minimum Trading days
- Evaluation & Funded** 5 days for each phase
News Trading
- Allowed without Restriction
Expert Advisors (EAs)
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/Trading(crypto)
TWO PHASE - CLASSIC(STATIC)
Minimum Trading days
- Evaluation & Funded** 4 days for each phase
Consistency Rule
- Evaluation** N/A
- Funded** 25% Consistency Score (One trading day's profit should not be more than 25% of the total profit during payout)
News Trading
- Allowed without Restriction
Expert Advisors (EAs)
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/Trading(crypto)
INSTANT FUNDING
Minimum Trading Days
News Trading
- Restricted 5 minutes before and 5 minutes after high impact news.Holdinng through the news is allowed but executing trades( Opening, closing, market orders including stop loss and take profit orders within this 10 minutes window is restricted. any profit made within this window is not counted.
Copy Trading
Weekend Holding/Trading(crypto)
- 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
LIGTNING CHALLANGE
Minimum Trading days
- Evaluation & Funded** min of 3 days so as to adhere to the consistency rule
Time Limit
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 ( to trade without stop loss, traders can opt for SL add-on during challenge purchase)
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 minutes window is restricted. any profit made within this window is not counted.
Night and weekend holding/Trading(Crypto)
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