FXIFY at a glance
A one, two and three-step prop firm reviewed by the Tradelytic team and rated by funded traders.
FXIFY (fxify.com) is a London-headquartered proprietary trading firm launched in 2023. It stands out as one of the few prop firms backed directly by a licensed broker (FXPIG / FXIFY Markets), providing traders with STP execution, raw spreads from 0.0 pips, and deep liquidity pools. The firm offers funded account sizes ranging from $1,000 up to $400,000, with a scaling plan that allows successful accounts to scale up to $4,000,000 across Forex, Indices, Stocks, Commodities, and Crypto CFDs.
Traders can select from multiple funding tracks: Instant Funding (Standard and Lite, skipping the evaluation phase), Lightning Challenge (a fast 1-Step evaluation with a 5% target), and standard 1-Phase, 2-Phase, and 3-Phase Evaluations. Platform choices are modern and flexible, offering MetaTrader 5 (MT5), DXTrade, and direct TradingView chart integration.
FXIFY operates with zero time limits across all evaluation challenges, allowing traders to reach profit targets without time constraints. The rule book is exceptionally trader-friendly: Expert Advisors (EAs), martingale/grid strategies, news trading, overnight position holding, and weekend holding are all permitted. Payouts feature an on-demand first payout option on select accounts, distributing profit splits from 80% up to 100% via Rise or direct bank wire transfers.
Our verdict
The Tradelytic editorial assessment — independent of any commercial relationship.
FXIFY is a premier choice for technical day traders, EA developers, and TradingView power users who want institutional broker execution. Its direct broker backing through FXPIG ensures real STP market execution, minimal slippage, and raw 0.0 pip spreads. Features like an optional On-Demand first payout, zero time limits, customizable drawdown types (Static vs. Trailing), and full trading permissions (news trading, EAs, weekend holding) make it one of the most complete prop firm offerings on the market.
The primary trade-offs relate to pricing add-ons and account-specific rules. While standard 80% splits and standard payouts are competitively priced, unlocking maximum perks – such as a 90%/100% profit split, static drawdown, or on-demand payouts – requires purchasing optional add-ons at checkout. Additionally, Instant Funding Lite accounts enforce consistency rules (e.g., 20% max single-trade profit contribution) to mitigate instant-payout gambling behaviors.
Pros & cons
The honest summary, weighed from our testing and trader feedback.
- Direct broker backing (FXPIG) providing institutional STP execution and raw spreads from 0.0 pips
- Platform versatility with MetaTrader 5, DXTrade, and direct TradingView chart integration
- First payout on-demand available on select evaluation programs
- Zero time limits and minimum 4 trading days on evaluation challenges
- Option to choose between Static and Trailing drawdown rules at checkout
- EAs, grid/martingale strategies, news trading, and weekend holding permitted
- Account scaling plan up to $4,000,000 with profit splits up to 100%
- 100% refundable evaluation fee included with the first payout
- Best features (Static drawdown, 90%/100% split, on-demand payouts) require checkout add-on fees
- Instant Funding Lite accounts carry a strict 20% consistency rule
- Non-refundable evaluation fee if a challenge is breached
- Minimum withdrawal threshold set at $50
Who it's for
Here's how to tell if this prop firm is right for you.
- Want to execute trades directly from TradingView charts or use MT5 / DXTrade
- Value trading on institutional broker infrastructure with raw spreads from 0.0 pips
- Run automated EAs, custom indicators, grid, or martingale trading algorithms
- Want the option to skip evaluation phases entirely via Instant Funding
- Trade macroeconomic news events or swing trade positions over the weekend
- Require MetaTrader 4 (MT4) or cTrader as your primary trading platforms
- Want a single fixed zero-add-on account structure without checkout customization options
- Rely on single-trade "all-in" gambles on Instant Funding accounts (due to consistency rules)
Fees & platforms
What it costs to trade, and what you'll trade on.
FXIFY charges a one-time challenge fee with no monthly subscription. Account sizes range from $5,000 to $400,000, suiting traders at every level. Three evaluation paths are available: one-step (single phase), two-step (Challenge and Verification), and three-step (most gradual route). A 10% maximum drawdown applies across all paths. The fee is non-refundable if unsuccessful, though a free retry is available under certain conditions.
Evaluation Tiers & Pricing at FXIFY
FXIFY provides diverse funding paths across account sizes from $1K to $400K: • Instant Funding (Standard & Lite): Immediate live account funding without evaluation. Entry from $19 ($2.5K Lite) / $69 ($1K Standard) up to $100K. • Lightning Challenge (1-Phase): 5% Profit Target | 3% Daily Loss | 4% Drawdown | Entry from $59 ($5K). • Standard Evaluations (1-Phase, 2-Phase, 3-Phase): Profit targets ranging from 5% to 10% | Static or Trailing Drawdown options | Entry from $39 ($5K) to $400K initial capital.
Drawdown & Risk Rules at FXIFY
Traders can select between Static Drawdown (max drawdown locks relative to initial account size) and Trailing Drawdown (trails floating equity until initial capital is reached). Daily loss limits range between 3% and 5% depending on the program. Breaching a risk threshold immediately disables the challenge account without personal liability.
Profit Split & Scaling at FXIFY
Default performance splits start at 80/20 in favor of the trader. Traders can purchase checkout upgrades to increase their profit split to 90% or 100%. Accounts scale up to $4,000,000 in capital upon achieving 10% cumulative profit milestones.
Payout Policy at FXIFY
First payouts on select evaluation plans are available On-Demand. Subsequent payouts follow a 14-day or 30-day schedule. Withdrawals are processed within 1 to 3 business days via Rise Works (crypto/bank wire) or direct bank transfer, with a $50 minimum payout threshold. Evaluation challenge fees are 100% refunded with the first payout.
Trading Rules & Restrictions at FXIFY
Operational guidelines across FXIFY include: • Time Limits: Unlimited (no maximum time limit) • Minimum Days: 4 trading days on evaluation phases • News Trading: Permitted across all account models • Overnight & Weekend Holding: Permitted • EAs & Algorithms: Permitted (including grid and martingale strategies) • Consistency Rule: Applies on Instant Funding Lite accounts (20% max single-trade profit cap).
FXIFY Trading Platforms
Trading takes place across MetaTrader 5, DXTrade, and TradingView. Order execution is handled via FXPIG with 100% STP routing, raw spreads from 0.0 pips, and low execution latency.