Overview of Fxify Forex Prop Firm
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TheTrustedProp
Date: April 27, 2024
In today's fast-paced financial world, trading has become an essential avenue for individuals seeking to grow their wealth. One company that has been making waves in the trading industry is Fixfy Solutions Limited. This article will provide you with an in-depth overview of Fixfy Solutions Limited, including its company details, challenges, account sizes, and other important information.
Company Details
Name: Fixfy
Legal Name: Fixfy Solutions Limited
CEO: Yaniv Butel
Commencement Date: April 23
Registered Address: New Broad Street House, 35 New Broad Street, London, United Kingdom, EC2M 1NH
Fixfy Solutions Limited, headed by CEO Yaniv Butel, started its journey on April 23 and is registered in the bustling financial district of London. The company's legal name is Fixfy Solutions Limited, reflecting its commitment to providing reliable trading solutions.
Challenge Details
Fixfy Solutions Limited offers traders two distinct phases of challenges, Phase 1 and Phase 2, each designed to test and enhance trading skills. Let's delve into the details of these challenges.
Phase 1 Challenge Details
- Profit Target Checked: 10%
- Daily Loss Limit Checked: 5%
- Max Trailing Drawdown Checked: 6%
- Drawdown Type Checked: Trailing
- Minimum Trading Days Checked: 5 days
- Maximum Trading Days Checked: 30 (Unlimited Available)
- Profit Split Checked: Up to 90%
- Leverage Checked: Up to 50:1
Account Sizes: 15000$, 25000$, 50000$, 100000$, 200000$, 400000$.
Phase 2 Challenge Details
- Profit Target Checked (Step 1): 10%
- Profit Target Checked (Step 2): 5%
- Daily Loss Limit Checked: 5%
- Max Drawdown Checked: 10%
- Drawdown Type Checked: Static
- Minimum Trading Days Checked: 5 days
- Maximum Trading Days Checked (Step 1): 30 (Unlimited Available)
- Maximum Trading Days Checked (Step 2): 60 (Unlimited Available)
- Profit Split Checked: Up to 90%
- Leverage Checked: Up to 50:1
Account Sizes: 15000$, 25000$, 50000$, 100000$, 200000$, 400000$.
Other Details
Increase Leverage
Fixfy Solutions Limited empowers traders with innovative technology, allowing them to trade with confidence and take advantage of increased leverage to enhance their profits.
Unlimited Trading Days
Traders can enjoy the flexibility of trading at their own pace, with complete freedom and flexibility, enabling them to focus on achieving their profit targets.
Extra 15% Profit Split
Fixfy Solutions Limited offers an enticing incentive to traders. Those who upgrade their profit split can receive a remarkable 90% profit split, maximizing their earning potential.
Bi-weekly Payouts
The company's bi-weekly payout system ensures that traders receive their earnings on a regular basis, without the hassle of long waiting periods.
Featured In
Fixfy Solutions Limited has garnered attention from prominent financial news outlets, including:
- Bloomberg
- MarketWatch
- YahooFinance
- Benzinga
The company's growing reputation reflects its commitment to delivering quality trading services.
Everything You'd Expect From a Retail Broker, in a Prop Firm
Fixfy Solutions Limited offers a wide range of features and benefits, including:
- RAW or All-In Pricing Feeds: Traders can choose between RAW or All-In pricing feeds, depending on their trading strategy.
- 300+ Trading Instruments: Access a diverse range of markets, including Stocks, Metals, Indices, and FX, ensuring there's something for everyone.
- Trader-friendly Leverage: Standard accounts provide 30:1 leverage, with an option to upgrade to 50:1 for traders with a more aggressive style.
- Trading Platforms: Choose between MetaTrader 4 (MT4) and MetaTrader 5 (MT5) to conduct your trades.
- Payout Withdrawal On Demand: For the first payout, traders can request a withdrawal of profits as soon as 24 hours after placing the first trade on the live account. Subsequent withdrawals are as frequent as every two weeks, offering flexibility.
Up to 90% Profit Split
Traders at Fixfy Solutions Limited have the opportunity to receive up to 90% of the profits earned on their funded account and can easily withdraw their earnings.
Easy and Flexible Withdrawal
Fixfy Solutions Limited offers a seamless withdrawal process with up to 15 different payout options to choose from, ensuring traders have a hassle-free experience.
On Demand Profits
Traders can withdraw their profits on demand for their first payout, allowing for quick access to their earnings.
Revolutionary Trading Dashboard
The company's cutting-edge trading dashboard is equipped with advanced analytics that empower traders to comprehensively evaluate their trading performance and statistics. This dashboard streamlines the trading process, providing all the essential tools and information needed in one central location.
Sneak Preview: Social Copy Trading
Fixfy Solutions Limited has an exciting feature in the pipeline – Social Copy Trading. Traders will be able to automatically copy the trades of high-performing FXIFY funded traders on their own account. If you're already profitable and have a live account with the company, you can become a strategy provider and earn a generous 20% commission from your trades.
FXIFY Pre-Paid Cards
The company aims to transform withdrawal options for funded traders in the prop trading industry. With the pre-paid FXIFY card, traders can withdraw their profits anytime and anywhere. These branded pre-paid cards are exclusively available to FXIFY funded traders, offering convenience and flexibility.
Max Allocation and Trading News
Traders who wish to trade multiple accounts simultaneously can purchase one of each account size, including $25,000, $50,000, $100,000, $200,000, and $400,000. It's important to note that traders cannot buy two accounts of the same size at the same time. They must pass one assessment before purchasing another. In total, the maximum allocation can be up to $800,000 if they are passed separately.
And yes, you can trade the news with Fixfy Solutions Limited. However, be cautious, as high-impact news events can significantly affect spreads and volatility, potentially impacting your trading positions. Managing your risk appropriately during these periods is essential.
Supported Platforms
For both Phase 1 and Phase 2 assessments, Fixfy Solutions Limited offers the most popular trading platforms: MetaTrader 4 and MetaTrader 5.
Inactivity Breach
Keep in mind that if you do not place a trade at least once every 60 days on your account, Fixfy Solutions Limited will consider you inactive, which may result in an account breach.
In conclusion, Fixfy Solutions Limited is at the forefront of the trading industry, offering innovative solutions, competitive challenges, and attractive profit-sharing opportunities. With its commitment to providing a seamless trading experience and the flexibility to trade at your own pace, Fixfy Solutions Limited is an ideal choice for traders seeking success in the financial markets.
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