FXIFY
CEOPeter Brown and David Bhidey
CountryGB
Trust Pilot3.9
Date CreatedApr 2023
Years in Operation2

Reviews

Total Reviews
3.989 total reviews
5
46
4
21
3
3
2
3
1
16
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FXIFY

FXIFY

3.9
89

Firm Overview

Trading Platforms
DXTradeDXTrade
TradingViewTradingView
MT5MT5
MT4MT4
Brokers
Alchemy Markets
FXPIGFXPIG
Payment Methods
Credit/Debit CardCredit/Debit Card
CryptoCrypto
PayPalPayPal
Payout Methods
CryptoCrypto
Bank Transfer
Riseworks

Instruments and Assets

Type of Instruments:Features
Assets :n/a

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:

  • A 30% Daily Consistency Rule applies: No single trading day exceeds more than 30% of your total generated profits. (Evaluation and Funded)

Firm Rules

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)

  • 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/Trading(crypto)

  • Allowed

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)

  • 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/Trading(crypto)

  • Allowed

INSTANT FUNDING

Minimum Trading Days

  • None

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

  • Prohibited

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

  • 7 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 ( 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)

  • 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

Payout Policy

ONE PHASE, TWO PHASE - [CLASSIC(STATIC), STANDARD(TRAILING)], THREE PHASE

Profit split 80% / 90% With Add-On

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% / 90% With Add-On 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 - (All Account types with 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:

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 Challanage
  • 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.

Restricted Countries

AfghanistanAfghanistan
AlgeriaAlgeria
BurundiBurundi
Central African RepublicCentral African Republic
Cote d'Ivoire (Ivory Coast)Cote d'Ivoire (Ivory Coast)
Crimea (Region of Ukraine)Crimea (Region of Ukraine)
CubaCuba
Democratic Republic of the Congo (Congo Free State)Democratic Republic of the Congo (Congo Free State)
EritreaEritrea
GhanaGhana
GuineaGuinea
Guinea-BissauGuinea-Bissau
HaitiHaiti
IranIran
IraqIraq
KenyaKenya
LiberiaLiberia
LibyaLibya
Myanmar (Burma)Myanmar (Burma)
NicaraguaNicaragua
North KoreaNorth Korea
Palestinian TerritoryPalestinian Territory
Papua New GuineaPapua New Guinea
Republic of the Congo (Congo Brazzaville)Republic of the Congo (Congo Brazzaville)
RussiaRussia
SomaliaSomalia
South SudanSouth Sudan
SudanSudan
SyriaSyria
VanuatuVanuatu
VenezuelaVenezuela
VietnamVietnam
YemenYemen
ZimbabweZimbabwe