FXIFY Coupon Code PFK — Verified Discount (Apr 2026)
Active Coupon Codes
PFKValid for all challenge types. Cannot be combined with other offers.
About FXIFY
Our Take: FXIFY, boasting a strong 4.83/5 rating from over 5000 reviews, presents a compelling option for experienced forex traders seeking substantial capital. The clear advantage here is the potential to manage up to $4,000,000 in funding while retaining a generous 90% profit split. This makes FXIFY particularly well-suited for skilled traders outside the US ready to scale their operations. However, the trailing drawdown structure requires disciplined risk management and might not suit traders with less conservative strategies. Supported platforms include MT4, MT5, DXTrade and TradingView. To get started, remember to use the promo code KEY for 28% off.
Dubai-based prop firm offering up to $4M in funding with 90% profit splits across MT4, MT5, and cTrader platforms.
FXIFY is a forex prop trading firm that provides traders with funded accounts up to $4000K. Traders keep up to 90% of their profits while trading with the firm's capital, making it an attractive option for both beginners and experienced traders looking to scale their operations without risking personal funds.
Use our exclusive coupon code "PFK" to save on FXIFY challenge fees. This verified code is updated for Apr 2026 and works on all challenge types and account sizes.
FXIFY partners with FXIFY Markets Ltd as their brokerage provider, offering competitive spreads and reliable execution for all supported instruments.
Challenge Pricing — FXIFY
All FXIFY challenge prices with your exclusive 30% discount applied. Save on every account size.
One Phase
| Account Size | Original Price | Your Price |
|---|---|---|
| $10K | $89 | $62 |
| $100K | $549 | $384 |
Two Phase
| Account Size | Original Price | Your Price |
|---|---|---|
| $10K | $89 | $62 |
| $100K | $549 | $384 |
Three Phase
| Account Size | Original Price | Your Price |
|---|---|---|
| $10K | $59 | $41 |
| $100K | $399 | $279 |
Lightning
| Account Size | Original Price | Your Price |
|---|---|---|
| $25K | $119 | $83 |
Trading Rules — FXIFY
Allowed Trading Strategies — FXIFY
Trading Platforms — FXIFY
FXIFY supports 4 trading platforms, giving you flexibility to trade on the platform you are most comfortable with.
Payout Information — FXIFY
Scaling Program — FXIFY
FXIFY offers a scaling program that allows successful traders to increase their account size over time, potentially reaching up to $4000K in funded capital. As you demonstrate consistent profitability, your allocation grows automatically.
How to Use This Code
- 1Click "Copy Code" to copy the discount code to your clipboard
- 2Visit FXIFY through our exclusive affiliate link below
- 3Select your preferred challenge type and account size, then proceed to checkout
- 4Paste the code in the promo code field and enjoy your discount instantly
Key Details
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Frequently Asked Questions
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What platforms does FXIFY support?
Does FXIFY have a scaling program?
FXIFY Complete Guide 2026 — Overview
FXIFY has emerged as a notable player in the proprietary trading firm landscape, offering traders the opportunity to manage substantial capital and retain a significant portion of the profits generated. Founded in 2022 and headquartered in London, United Kingdom, FXIFY provides a platform for forex traders to demonstrate their skills and access funding. With a Trustpilot rating of 4.83/5 based on 5047 reviews, FXIFY has garnered considerable positive feedback from its user base. The firm's core offering revolves around providing traders with funded accounts, allowing them to trade forex using FXIFY's capital. Traders undergo an evaluation process, which can range from instant to three-step challenges, to prove their trading proficiency and risk management skills. Successful completion of the evaluation leads to a funded account with a profit split of up to 90%.
FXIFY distinguishes itself through its high maximum allocation of $4,000,000, making it an attractive option for experienced traders seeking to manage significant capital. The firm supports a variety of trading platforms, including MT4, MT5, DXTrade, and TradingView, catering to different trading styles and preferences. FXIFY also allows a wide range of trading strategies, including scalping, the use of trading bots/EAs, news trading, weekend holding, hedging, and copy trading. However, High-Frequency Trading (HFT) is not permitted. The firm offers a scaling program, enabling traders to increase their capital allocation as they consistently demonstrate profitability. Payouts are offered monthly or bi-weekly via Bank Transfer, Crypto, Deel, or Rise. The starting price for an evaluation is $39, making it accessible to traders with varying levels of capital. FXIFY's evaluation processes include instant, 1-step, 2-step, and 3-step challenges, providing flexibility for traders with different risk tolerances and trading styles. The firm's financial terms include a daily loss limit of 3.0% and a maximum loss of 10.0%, with a trailing drawdown structure. The minimum trading days required are 5. Furthermore, the evaluation fee is refundable. While US traders are not accepted, FXIFY's offerings are geared towards experienced forex traders outside the US who are looking to scale their trading operations and benefit from a high profit split and substantial capital allocation. The firm's live chat support and refundable fee add to its appeal.
How to Save 28% on FXIFY with Coupon Code PFK
Using a coupon code is the simplest way to reduce the cost of your FXIFY trading challenge. The code PFK provides an exclusive 28% discount on all FXIFY evaluation plans. Here is how to apply it:
1. Visit the FXIFY website through our exclusive partner link on this page.
2. Select your preferred challenge — choose the account size and evaluation type that matches your trading goals.
3. Enter the coupon code `PFK` at checkout — the 28% discount will be applied instantly to your order total.
4. Complete your purchase — you will receive immediate access to your evaluation account.
This 28% discount with code `PFK` applies to all available FXIFY challenge sizes. For example, if a challenge normally costs $500, you would pay only $360 after applying the code — saving $140 instantly.
The coupon code `PFK` is verified and updated regularly by our team. If the code does not work at checkout, return to this page for the most current discount code. Our exclusive partnership with FXIFY ensures that the codes listed here provide the maximum available savings.
Company Background
FXIFY, established in 2022, is a relatively new but rapidly growing proprietary trading firm based in London, United Kingdom (GB 🇬🇧). Despite being only 4 years in operation, it has quickly made a name for itself in the forex trading community, evidenced by its impressive Trustpilot rating of 4.83/5 from 5047 reviews. This positive feedback suggests that FXIFY is providing a valuable service and meeting the needs of its traders.
The company's headquarters in London positions it within a major global financial center, providing access to a wealth of resources and talent. While the CEO is not publicly disclosed, the firm's operational structure and offerings indicate a clear understanding of the needs and challenges faced by forex traders.
FXIFY operates within the forex market, focusing on providing funded trading accounts to skilled traders. The firm's business model revolves around evaluating traders through various challenges and then providing successful candidates with capital to trade. This approach allows FXIFY to identify and support talented traders while managing its own risk.
The firm's website, https://fxify.com, serves as the primary platform for traders to access information about the company, its offerings, and the evaluation process. The website likely provides details on account types, trading rules, and other relevant information.
FXIFY's rapid growth and positive reputation suggest that it has successfully identified a niche within the prop trading market. By offering high profit splits, substantial capital allocations, and a range of trading platforms, FXIFY has positioned itself as an attractive option for experienced forex traders seeking to scale their operations. The firm's commitment to providing a supportive and transparent trading environment is likely a key factor in its success. The fact that the evaluation fee is refundable also adds to the appeal, reducing the initial risk for traders looking to join the platform.
30% OFF
Save on FXIFY Challenges
Get 30% OFF on FXIFY →PFK
Verified partner link. Discount applied at checkout.
How FXIFY Works
FXIFY operates on a model where traders are evaluated through a series of challenges before being granted access to a funded trading account. The evaluation process is designed to assess a trader's skills, risk management abilities, and consistency in generating profits. FXIFY offers a variety of evaluation options, ranging from instant to three-step challenges, catering to different trading styles and risk tolerances.
The evaluation process typically involves the following steps:
1. Challenge Selection: Traders choose an evaluation plan that aligns with their trading style and capital requirements. FXIFY offers various account sizes and challenge structures, each with its own set of rules and profit targets. The available plans include One Phase, Two Phase, Three Phase, and Lightning challenges, with account sizes ranging from $10,000 to $100,000.
2. Meeting Profit Targets: Traders must achieve specific profit targets within each phase of the evaluation. The profit targets vary depending on the chosen plan, ranging from 5.0% to 10.0%. Traders must demonstrate their ability to generate consistent profits while adhering to the risk management rules.
3. Adhering to Risk Management Rules: Traders must adhere to strict risk management rules, including a daily loss limit and a maximum loss limit. The daily loss limit is typically 3.0% of the account balance, while the maximum loss limit varies depending on the plan, ranging from 4.0% to 10.0%. Traders must also adhere to the drawdown type, which is trailing.
4. Minimum Trading Days: Traders are required to trade for a minimum number of days to complete the evaluation. The minimum trading days required are 5. This requirement ensures that traders are actively engaged in the market and are not simply relying on luck to pass the evaluation.
5. Verification (If Applicable): In multi-phase challenges, traders must successfully complete each phase before moving on to the next. Each phase has its own profit target and risk management rules.
Upon successful completion of the evaluation, traders are granted access to a funded trading account. The profit split varies depending on the plan, with a maximum of 90%. Traders can then begin trading with FXIFY's capital and earning a share of the profits they generate.
The evaluation process is designed to be fair and transparent. FXIFY provides traders with clear guidelines and rules, ensuring that everyone has an equal opportunity to succeed. The firm's support team is also available to answer any questions and provide assistance throughout the evaluation process. The refundable fee also adds to the appeal, reducing the initial risk for traders looking to join the platform.
Challenge Options and Pricing
FXIFY offers a diverse range of challenge options to cater to various trading styles, risk appetites, and capital requirements. Each challenge has its own set of rules, profit targets, and pricing. Here's a detailed breakdown of each challenge option:
| Challenge Type | Account Size | Price | Steps | Phase 1 Target | Phase 2 Target | Daily Loss | Max Loss | Profit Split |
| One Phase | $10,000 | $89.0 | 1-step | 10.0% | N/A% | 3.0% | 6.0% | 75.0% |
| Two Phase | $10,000 | $89.0 | 2-step | 10.0% | 5.0% | 3.0% | 10.0% | 75.0% |
| Three Phase | $10,000 | $59.0 | 3-step | 5.0% | 5.0% | 3.0% | 10.0% | 75.0% |
| Lightning | $25,000 | $119.0 | 1-step | 5.0% | N/A% | 3.0% | 4.0% | 75.0% |
| One Phase | $100,000 | $549.0 | 1-step | 10.0% | N/A% | 3.0% | 6.0% | 75.0% |
| Two Phase | $100,000 | $549.0 | 2-step | 10.0% | 5.0% | 3.0% | 10.0% | 75.0% |
| Three Phase | $100,000 | $399.0 | 3-step | 5.0% | 5.0% | 3.0% | 10.0% | 75.0% |
- One Phase ($10,000 Account): This challenge offers a $10,000 account for a price of $89.0. It is a 1-step evaluation, meaning traders only need to pass one phase to get funded. The profit target for Phase 1 is 10.0%. The daily loss limit is 3.0%, and the maximum loss is 6.0%. The profit split is 75.0%. This challenge is suitable for traders who are confident in their ability to quickly achieve the profit target while managing risk.
- Two Phase ($10,000 Account): This challenge offers a $10,000 account for a price of $89.0. It is a 2-step evaluation, requiring traders to pass two phases to get funded. The profit target for Phase 1 is 10.0%, and the profit target for Phase 2 is 5.0%. The daily loss limit is 3.0%, and the maximum loss is 10.0%. The profit split is 75.0%. This challenge is suitable for traders who prefer a more gradual evaluation process with lower profit targets in each phase.
- Three Phase ($10,000 Account): This challenge offers a $10,000 account for a price of $59.0. It is a 3-step evaluation, requiring traders to pass three phases to get funded. The profit target for Phase 1 is 5.0%, and the profit target for Phase 2 is 5.0%. The daily loss limit is 3.0%, and the maximum loss is 10.0%. The profit split is 75.0%. This challenge is suitable for traders who prefer a more extended evaluation process with lower profit targets in each phase, potentially allowing for more flexibility in their trading strategy.
- Lightning ($25,000 Account): This challenge offers a $25,000 account for a price of $119.0. It is a 1-step evaluation, meaning traders only need to pass one phase to get funded. The profit target for Phase 1 is 5.0%. The daily loss limit is 3.0%, and the maximum loss is 4.0%. The profit split is 75.0%. This challenge is suitable for traders who are confident in their ability to quickly achieve the profit target while managing risk, and are comfortable with a tighter maximum loss limit.
- One Phase ($100,000 Account): This challenge offers a $100,000 account for a price of $549.0. It is a 1-step evaluation, meaning traders only need to pass one phase to get funded. The profit target for Phase 1 is 10.0%. The daily loss limit is 3.0%, and the maximum loss is 6.0%. The profit split is 75.0%. This challenge is suitable for experienced traders who are confident in their ability to quickly achieve the profit target with a larger account size.
- Two Phase ($100,000 Account): This challenge offers a $100,000 account for a price of $549.0. It is a 2-step evaluation, requiring traders to pass two phases to get funded. The profit target for Phase 1 is 10.0%, and the profit target for Phase 2 is 5.0%. The daily loss limit is 3.0%, and the maximum loss is 10.0%. The profit split is 75.0%. This challenge is suitable for experienced traders who prefer a more gradual evaluation process with lower profit targets in each phase and a larger account size.
- Three Phase ($100,000 Account): This challenge offers a $100,000 account for a price of $399.0. It is a 3-step evaluation, requiring traders to pass three phases to get funded. The profit target for Phase 1 is 5.0%, and the profit target for Phase 2 is 5.0%. The daily loss limit is 3.0%, and the maximum loss is 10.0%. The profit split is 75.0%. This challenge is suitable for experienced traders who prefer a more extended evaluation process with lower profit targets in each phase and a larger account size.
Trading Rules and Risk Management
FXIFY places a strong emphasis on risk management, implementing a set of trading rules designed to protect both the firm's capital and the trader's account. These rules are crucial for maintaining a sustainable trading environment and ensuring long-term profitability. The key risk management parameters include the daily loss limit, maximum loss, drawdown type, and minimum trading days.
- Daily Loss Limit: The daily loss limit is set at 3.0% across all challenge types. This means that a trader cannot lose more than 3.0% of their account balance in a single trading day. If the daily loss limit is breached, the account will be closed, and the trader will fail the evaluation. This rule is designed to prevent traders from taking excessive risks and potentially wiping out their account in a single day.
- Maximum Loss: The maximum loss, also known as the maximum drawdown, varies depending on the challenge type. For the One Phase ($10,000 and $100,000 accounts) challenges, the maximum loss is 6.0%. For the Two Phase and Three Phase challenges, the maximum loss is 10.0%. The Lightning challenge has a maximum loss of 4.0%. This rule limits the total amount of capital a trader can lose during the evaluation process. If the maximum loss is reached, the account will be closed, and the trader will fail the evaluation.
- Drawdown Type: FXIFY utilizes a trailing drawdown. A trailing drawdown means the drawdown level adjusts based on the trader's highest achieved balance. This type of drawdown can be more challenging to manage than a static drawdown, as the drawdown level increases as the trader's account balance grows. Traders must be mindful of their trading activity and avoid taking excessive risks, as a sudden loss can quickly bring the account balance below the trailing drawdown level.
- Minimum Trading Days: Traders are required to trade for a minimum of 5 days to complete the evaluation. This rule ensures that traders are actively engaged in the market and are not simply relying on luck to pass the evaluation. It also allows FXIFY to assess a trader's consistency and ability to generate profits over a period of time.
These trading rules and risk management parameters are designed to promote responsible trading and protect both the firm's capital and the trader's account. Traders must carefully consider these rules and develop a trading strategy that aligns with them. Failure to adhere to these rules will result in the termination of the evaluation.
Profit Split and Payouts
FXIFY offers a competitive profit split and a variety of payout options, making it an attractive option for traders seeking to monetize their skills. The profit split and payout structure are designed to reward successful traders and provide them with a reliable source of income.
- Profit Split: The profit split offered by FXIFY is up to 90%. However, the profit split for all the challenges listed is 75.0%. This means that traders retain 75.0% of the profits they generate on their funded accounts, while FXIFY receives the remaining 25.0%. This generous profit split allows traders to earn a substantial income from their trading activities.
- Payout Frequency: FXIFY offers two payout frequencies: monthly and bi-weekly. Traders can choose the payout frequency that best suits their needs. Monthly payouts provide a consistent stream of income, while bi-weekly payouts offer more frequent access to profits.
- Payout Methods: FXIFY offers a variety of payout methods, including Bank Transfer, Crypto, Deel, and Rise. This provides traders with flexibility in how they receive their profits. Bank Transfer is a traditional method that allows traders to receive their profits directly into their bank account. Crypto allows traders to receive their profits in various cryptocurrencies, providing a fast and secure payment option. Deel and Rise are platforms that facilitate international payments, making it easier for traders from different countries to receive their profits.
- First Payout: The first payout is available after 0 days. This means that traders can receive their first payout as soon as they meet the requirements, providing them with quick access to their profits.
The combination of a competitive profit split, flexible payout frequencies, and a variety of payout methods makes FXIFY an attractive option for traders seeking to monetize their skills. The firm's commitment to providing a reliable and transparent payout structure ensures that traders can focus on their trading activities without worrying about payment issues.
Trading Platforms and Tools
FXIFY supports a range of trading platforms, catering to different trading styles and preferences. The available platforms include MT4, MT5, DXTrade, and TradingView. Each platform offers its own unique features and tools, allowing traders to customize their trading environment and optimize their performance.
- MT4 (MetaTrader 4): MT4 is one of the most popular trading platforms in the world, known for its user-friendly interface, advanced charting tools, and automated trading capabilities. MT4 allows traders to analyze price movements, place orders, and manage their positions with ease. It also supports Expert Advisors (EAs), which are automated trading programs that can execute trades on behalf of the trader.
- MT5 (MetaTrader 5): MT5 is the successor to MT4, offering a more advanced and feature-rich trading experience. MT5 includes all the features of MT4, plus additional tools for analyzing the market, managing risk, and executing trades. MT5 also supports a wider range of order types and timeframes, providing traders with more flexibility in their trading strategies.
- DXTrade: DXTrade is a multi-asset trading platform that offers a comprehensive suite of tools for analyzing the market, managing risk, and executing trades. DXTrade is known for its advanced charting capabilities, customizable interface, and integrated news feed. It also supports a variety of order types and trading strategies.
- TradingView: TradingView is a web-based charting and social networking platform for traders and investors. TradingView offers a wide range of charting tools, technical indicators, and drawing tools, allowing traders to analyze price movements and identify trading opportunities. It also allows traders to share their ideas and strategies with other traders, creating a collaborative trading environment.
FXIFY uses FXIFY Markets Ltd as its broker. This means that all trades executed on the FXIFY platform are routed through FXIFY Markets Ltd. The choice of broker is an important consideration for traders, as it can affect the execution speed, spreads, and overall trading experience.
The availability of multiple trading platforms and a reliable broker relationship allows traders to choose the trading environment that best suits their needs and preferences. FXIFY's commitment to providing a comprehensive suite of trading tools and platforms demonstrates its dedication to supporting its traders and helping them achieve their trading goals.
Allowed Trading Strategies
FXIFY allows a wide range of trading strategies, providing traders with the flexibility to trade in a way that suits their individual style and preferences. The firm's open approach to trading strategies allows traders to utilize various techniques to generate profits, as long as they adhere to the risk management rules.
- Scalping: Scalping is ALLOWED. Scalping is a trading strategy that involves making small profits on small price movements. Scalpers typically hold positions for a very short period of time, often just a few seconds or minutes. FXIFY's support for scalping allows traders to take advantage of short-term market fluctuations and generate profits quickly.
- Trading Bots/EAs: Trading Bots/EAs are ALLOWED. Trading bots, also known as Expert Advisors (EAs), are automated trading programs that can execute trades on behalf of the trader. Trading bots can be programmed to follow specific trading rules and strategies, allowing traders to automate their trading activities. FXIFY's support for trading bots allows traders to automate their trading strategies and potentially improve their efficiency.
- News Trading: News Trading is ALLOWED. News trading is a strategy that involves trading based on economic news releases and other market-moving events. News traders typically analyze the potential impact of news events on the market and then place trades accordingly. FXIFY's support for news trading allows traders to take advantage of market volatility caused by news events.
- Weekend Holding: Weekend Holding is ALLOWED. Weekend holding refers to holding positions open over the weekend. Some traders prefer to close their positions before the weekend to avoid potential market gaps or volatility. However, FXIFY allows traders to hold positions open over the weekend if they choose to do so.
- Hedging: Hedging is ALLOWED. Hedging is a strategy that involves taking offsetting positions in different assets to reduce risk. For example, a trader might hedge their position in a currency pair by taking an offsetting position in another currency pair or a related asset. FXIFY's support for hedging allows traders to manage their risk more effectively.
- Copy Trading: Copy Trading is ALLOWED. Copy trading is a strategy that involves copying the trades of other successful traders. Copy trading platforms allow traders to automatically copy the trades of other traders, allowing them to potentially profit from the expertise of more experienced traders. FXIFY's support for copy trading allows traders to learn from and potentially profit from the strategies of other traders.
- HFT (High-Frequency Trading): HFT is NOT ALLOWED. High-frequency trading (HFT) is a type of algorithmic trading that involves using powerful computers and complex algorithms to execute a large number of orders at very high speeds. HFT firms typically seek to profit from small price discrepancies in the market. FXIFY does not allow HFT, likely due to concerns about its potential impact on market stability and fairness.
The wide range of allowed trading strategies provides traders with the flexibility to trade in a way that suits their individual style and preferences. However, traders must always adhere to the risk management rules and trade responsibly.
Scaling Program
FXIFY offers a scaling program designed to reward successful traders and provide them with the opportunity to manage larger amounts of capital. The scaling program allows traders to increase their account size as they consistently demonstrate profitability and adhere to the risk management rules.
The specifics of the scaling program are not detailed in the provided data. However, based on common practices in the prop trading industry, it can be inferred that the scaling program likely involves the following:
- Performance Requirements: Traders must meet certain performance requirements to be eligible for scaling. These requirements typically include achieving a specific profit target, maintaining a consistent win rate, and adhering to the risk management rules.
- Account Size Increase: Once a trader meets the performance requirements, their account size will be increased. The amount of the increase may vary depending on the trader's performance and the specific terms of the scaling program.
- Profit Split Adjustment: In some cases, the profit split may also be adjusted as a trader scales up their account. This could involve a higher profit split for traders who are managing larger amounts of capital and generating consistent profits.
The scaling program provides traders with a strong incentive to perform well and consistently generate profits. It also allows FXIFY to retain successful traders and benefit from their expertise.
Who Should Choose FXIFY?
FXIFY is particularly well-suited for experienced forex traders who are looking to scale their operations and benefit from a high profit split and substantial capital allocation. Based on the data provided, here's a breakdown of the target audience:
- Experienced Forex Traders: FXIFY's evaluation process and risk management rules are designed for traders who have a solid understanding of the forex market and a proven track record of profitability. The firm's offerings are not suitable for novice traders who are just starting out.
- Traders Seeking Substantial Capital: FXIFY offers a maximum allocation of $4,000,000, making it an attractive option for traders who are looking to manage significant capital. This is particularly appealing to traders who have outgrown their personal capital and are looking to scale their trading operations.
- Traders Outside the US: The data indicates that US traders are not accepted. Therefore, FXIFY is primarily targeting traders located outside the United States.
- Traders Comfortable with Trailing Drawdown: FXIFY utilizes a trailing drawdown, which requires disciplined risk management. Traders who are comfortable with this type of drawdown and have a proven ability to manage risk effectively will be well-suited for FXIFY.
- Traders Who Utilize Allowed Strategies: FXIFY allows a wide range of trading strategies, including scalping, trading bots/EAs, news trading, weekend holding, hedging, and copy trading. Traders who utilize these strategies will find FXIFY to be a suitable platform.
- Traders Seeking a High Profit Split: FXIFY offers a profit split of up to 90%, making it one of the most generous profit splits in the industry. Traders who are looking to maximize their earnings will find FXIFY to be an attractive option.
- Traders Who Value Platform Choice: With support for MT4, MT5, DXTrade, and TradingView, FXIFY caters to traders with different platform preferences.
In summary, FXIFY is best suited for experienced, non-US forex traders who are seeking substantial capital, a high profit split, and a flexible trading environment. The firm's risk management rules and evaluation process are designed to identify and support talented traders who have the potential to generate consistent profits.
Pros and Cons
Based solely on the data provided, here's an honest assessment of the pros and cons of FXIFY:
Pros:- High Trustpilot Rating: A 4.83/5 rating from 5047 reviews indicates a high level of customer satisfaction.
- High Maximum Allocation: The potential to manage up to $4,000,000 in funding is a significant advantage for experienced traders.
- Generous Profit Split: A profit split of up to 90% is highly competitive and allows traders to retain a significant portion of their profits.
- Multiple Trading Platforms: Support for MT4, MT5, DXTrade, and TradingView provides traders with flexibility and choice.
- Wide Range of Allowed Strategies: The allowance of scalping, trading bots/EAs, news trading, weekend holding, hedging, and copy trading provides traders with flexibility in their trading approach.
- Scaling Program: The scaling program offers the opportunity to increase capital allocation as performance improves.
- Refundable Fee: The refundable fee reduces the initial risk for traders looking to join the platform.
- Fast First Payout: The first payout is available after 0 days.
- Multiple Payout Methods: Offers Bank Transfer, Crypto, Deel, and Rise.
- Trailing Drawdown: The trailing drawdown structure requires disciplined risk management and may not suit all traders.
- US Traders Not Accepted: The restriction on US traders limits the potential customer base.
- HFT Not Allowed: The prohibition of high-frequency trading may be a disadvantage for some traders.
- Profit Split Not Always 90%: All listed challenges have a 75% profit split, not the maximum advertised 90%.
- Specifics of Scaling Program Not Detailed: The exact requirements and benefits of the scaling program are not fully disclosed.
Overall, FXIFY presents a compelling option for experienced forex traders seeking substantial capital and a high profit split. However, traders should carefully consider the trailing drawdown structure and other trading rules before joining the platform.
Frequently Asked Questions
Here are 10+ frequently asked questions about FXIFY, based solely on the data provided:
1. What is FXIFY?
FXIFY is a proprietary trading firm that provides traders with funded accounts to trade forex.
2. Where is FXIFY located?
FXIFY is headquartered in London, United Kingdom (GB 🇬🇧).
3. How long has FXIFY been in operation?
FXIFY has been in operation for 4 years, founded in 2022.
4. What is the maximum allocation offered by FXIFY?
FXIFY offers a maximum allocation of $4,000,000.
5. What is the profit split offered by FXIFY?
FXIFY offers a profit split of up to 90%. However, the profit split for all the listed challenges is 75.0%.
6. What trading platforms does FXIFY support?
FXIFY supports MT4, MT5, DXTrade, and TradingView.
7. What trading strategies are allowed on FXIFY?
FXIFY allows scalping, trading bots/EAs, news trading, weekend holding, hedging, and copy trading.
8. Is high-frequency trading (HFT) allowed on FXIFY?
No, HFT is not allowed on FXIFY.
9. Are US traders accepted on FXIFY?
No, US traders are not accepted.
10. What is the daily loss limit on FXIFY?
The daily loss limit is 3.0%.
11. What is the drawdown type on FXIFY?
The drawdown type is trailing.
12. What is the minimum number of trading days required on FXIFY?
The minimum number of trading days required is 5.
13. Is the evaluation fee refundable on FXIFY?
Yes, the evaluation fee is refundable.
14. What payout methods does FXIFY offer?
FXIFY offers Bank Transfer, Crypto, Deel, and Rise.
15. How often are payouts processed on FXIFY?
Payouts are processed monthly or bi-weekly.
16. When is the first payout available on FXIFY?
The first payout is available after 0 days.
30% OFF
Save on FXIFY Challenges
Get 30% OFF on FXIFY →PFK
Verified partner link. Discount applied at checkout.
Final Verdict
FXIFY presents a compelling proposition for experienced forex traders seeking to leverage their skills with substantial capital. The firm's high Trustpilot rating of 4.83/5 from over 5000 reviews suggests a positive user experience, and the potential to manage up to $4,000,000 with a profit split of up to 90% is undeniably attractive. The availability of multiple trading platforms (MT4, MT5, DXTrade, and TradingView) caters to diverse trading preferences, and the allowance of various strategies like scalping, EAs, and news trading provides flexibility.
However, potential traders should carefully consider the trailing drawdown structure, which demands disciplined risk management. The fact that US traders are not accepted is a limitation for some. While the advertised profit split is up to 90%, all the listed challenges offer a 75% split, which is still competitive but not the maximum.
Overall, FXIFY is a solid choice for experienced, non-US forex traders who are comfortable with a trailing drawdown and are looking to scale their trading operations with significant capital. The refundable fee and fast first payout add to the appeal, making it a worthwhile option to explore for those who meet the criteria.