Details About FXIFY

  • Legal Name: The legal name of FXIFY is FXIFY™ Solutions LTD.
  • Company Number: The registration number of FXIFY is 14451720.
  • Country of Registration: FXIFY is registered in GB.GB
  • CEO: The CEO of FXIFY is David Bhidey and Peter Brown .
  • Support Mail: You can contact FXIFY at [email protected].
  • Phone: The phone number for FXIFY is not publicly available.
  • Payment Modes: FXIFY supports payments via Wire transfer/ Bank Transfer, PayPal, Crypto.
  • Withdrawal Modes: FXIFY facilitates withdrawals through Rise, Wire Transfer/ Bank Transfer.
  • Official Website: Visit the official website of FXIFY at https://www.fxify.com.
  • Banned Countries: FXIFY does not allow traders from Afghanistan, Algeria, Burundi, Central African Republic, Congo, Congo (DR), CI, Cuba, Eritrea, Ghana, Guinea, Guinea-Bissau, Haiti, Iran, Iraq, Kenya, North Korea, Liberia, Libya, Myanmar, Nicaragua, Palestine, Papua New Guinea, Russia, Somalia, Sudan, Syria, Ukraine, Vanuatu, Venezuela, Vietnam, Yemen, Zimbabwe, South Sudan.

Challenge Details at FXIFY

  • Types of Challenge:The challenges offered at FXIFY include One Phase Challenge, Two Phase Challenge, Three Phase Challenge, Instant Funding.
  • Trading Platforms:FXIFY supports trading on DXTrade, MetaTrader.
  • Trading Instruments:Traders at FXIFY can trade Forex, Stocks, CFDs, Metals.
  • Broker:The broker associated with FXIFY is FXPIG.
  • Max Allocation:The maximum allocation provided by FXIFY is 400,000.
  • Scaling:The scaling potential at FXIFY reaches up to 4,000,000.
  • Trading Competitions:FXIFY organizes trading competitions for traders.
  • Free Trials:FXIFY does not offer free trials to its users.
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FXIFY

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FXIFY

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FXIFY is a one of the popular prop firms which was established in 2023 and backed by the broker FXPIG. led by CEO Peter Brown and David Bhidey, it is based in the United Kingdom. FXIFY provides traders capital allocation up to $400,000 and with their scaling plan, traders can increase their funding up to $4,000,000. FXIFY also hosts free trading competitions and allows strategies like martingale and grid trading.

Company Information

Company Name : FXIFY

Company Legal Name and Registration No. : FXIFY™ Solutions LTD (14451720)

Company CEO : Peter Brown and David Bhidey

Company Address : New Broad Street House, 35 New Broad Street, London, United Kingdom, EC2M 1NH

Challenge Details

FXIFY offers a total of 3 types of evaluation programs, 1-Phase, 2-Phase and 3 Phase. FXIFY also offers an Instant Funding program. Here are the details :-

1-Phase Program

Prices : 

  • $5,000 : $59

  • $10,000 : $89

  • $15,000 : $119

  • $25,000 : $199

  • $50,000 : $379

  • $100,000 : $499

  • $200,000 : $999

  • $400,000 : $1999

Rules:

  • Profit Target: 10%
  • Total Loss: 6%
  • Daily Loss: 3%
  • Profit Share: 80%, Up to 90% with add-ons
  • Drawdown Type: Trailing Drawdown
  • Time Limit: Unlimited
  • Leverage: 1:30 on Forex & Gold, 1:20 on Indices and 1:2 on Stocks & Crypto
  • Max Lot Size: No limit
  • Payout Frequency: 14 days
  • Allows Copy Trading: Yes
  • Min Trading Days: 5 Days

2-Phase Challenge

Prices : 

  • $5,000 : $59

  • $10,000 : $89

  • $15,000 : $119

  • $25,000 : $199

  • $50,000 : $379

  • $100,000 : $499

  • $200,000 : $999

  • $400,000 : $1999

Rules:

  • Profit Target(Phase 1): 10%
  • Profit Target(Phase 2): 5%
  • Total Loss: 10%
  • Daily Loss: 4%
  • Profit Share: 80%, Up to 90% with add-ons
  • Drawdown Type: Trailing Drawdown
  • Time Limit: Unlimited
  • Leverage: 1:30 on Forex & Gold, 1:20 on Indices and 1:2 on Stocks & Cryptocurrencies.
  • Max Lot Size: No limit
  • Payout Frequency: 14 days
  • Allows Copy Trading: Yes
  • Min Trading Days: 5 Days

3-Phase Challenge

Prices : 

  • $5,000 : $39

  • $10,000 : $59

  • $15,000 : $79

  • $25,000 : $149

  • $50,000 : $249

  • $100,000 : $399

  • $200,000 : $799

  • $400,000 : $1599

Rules:

  • Profit Target(Phase 1): 5%
  • Profit Target(Phase 2): 5%
  • Profit Target(Phase 3): 5%
  • Total Loss: 5%
  • Daily Loss: 5%
  • Profit Share: 80%, Up to 90% with add-ons
  • Drawdown Type: Static
  • Time Limit: Unlimited
  • Leverage: 1:30 on Forex & Gold, 1:20 on Indices and 1:2 on Stocks & Cryptocurrencies.
  • Max Lot Size: No limit
  • Payout Frequency: 14 days
  • Allows Copy Trading: Yes
  • Min Trading Days: 5 Days

Instant Funding

Prices : 

  • $5,000 : $59

  • $10,000 : $89

  • $15,000 : $119

  • $25,000 : $199

  • $50,000 : $379

  • $100,000 : $499

  • $200,000 : $999

  • $400,000 : $1999

Rules:

  • Profit Target:  None
  • Total Loss: 8%
  • Daily Loss: 8%
  • Profit Share: 80%
  • Drawdown Type: Trailing Drawdown
  • Time Limit: Unlimited
  • Leverage: 1:30 on Forex & Gold, 1:20 on Indices and 1:2 on Stocks & Crypto
  • Max Lot Size: No limit
  • Payout Frequency: 14 days
  • Allows Copy Trading: No
  • Min Trading Days: 5 Days

Scaling Plan

FXIFY offers a fairly easy and much rewarding scaling plan for their traders, To be eligible for the scaling plan, traders will only have to meet 2 conditions. Meeting these conditions will allow traders to scale their funded account up to $4,000,000.

  • Traders must have to make at least 10% in profit in 3 months.
  • In these 3 months, 2 months must be in profit.

If a trader meets these conditions then the account size will be scaled up by 25% of the initial balance. After that Every time the trader meets the same conditions in the next 3 months, their account size will be doubled based on their first scaled up balance.

For Example :- Let’s say the trader bought a $400k challenge.

  • For the first 3 months - 25% of the initial balance, $400k + $100k = $500k
  • 3 Months after that - double of $500k = $1 million
  • 3 Months after that - double of $1 million = $2 million
  • 3 Months after that - double of $2 million = $4 million

Note :- Scaling Plan is not available for Instant Funding Program.

Spreads and News Trading Rules

Spreads

FXIFY offers raw spreads to their traders. If a trader wants to check live spreads then they can login in these accounts given below. 

MT4 All In:

  • Server: FXPIG-Demo
  • MT4 Login: 12007232
  • Investor Password: zuPt1OO

MT4 RAW:

  • Server: FXPIG-DEMO
  • Login: 625908
  • Investor Password: !o5iCgMr

MT5 All In:

  • Server: FXPIG-Server
  • Login: 2100170634
  • Investor Password: !llo7nWi

MT5 Raw:

  • Server: FXPIG-Server
  • Login: 2100139002
  • Investor Password: +yTuU6Rz

News Trading Rules

FXIFY does not restrict traders to trade during news in challenge accounts.

Though traders are not allowed to trade during news in Instant Funding accounts. Opening/closing or holding any trade 5 minutes before and after a high impact news is not allowed. Any trade that violate this rule will be marked as invalid trade.

Other Important Rules :-

Daily Drawdown Calculation

Daily Drawdown is calculated based on the balance at the end of the previous day. The drawdown works as an equity based drawdown as the drawdown limit can increase or decrease based on the account’s performance. 

Countries Banned from Purchasing

FXIFY currently does not offer their services in these countries :-

  • Zimbabwe
  • Iran
  • Iraq
  • North Korea
  • Somalia
  • Vietnam
  • Burundi
  • Central African Republic
  • Ivory Coast
  • Liberia
  • Libya
  • Sudan
  • Cuba
  • Syria
  • Afghanistan
  • Yemen
  • Palestine
  • Myanmar
  • Nicaragua
  • Congo Republic
  • Crimea
  • Democratic Republic of Congo
  • Eritrea
  • Guinea
  • Guinea-Bissau
  • Papua New Guinea
  • South Sudan
  • Vanuatu
  • Venezuela
  • Algeria
  • Russia
  • Kenya
  • Ghana
  • Haiti

Prohibited Strategies/Activities

FXIFY allows traders to use Martingale and Grid Trading which is usually prohibited in most of prop firms but there are still a list of strategies which are not allowed by FXIFY and these strategies/Activities are :

  • Sharing account or selling funded account 
  • Hedging in the same account or with multiple accounts
  • High-Frequency Trading
  • Use of a Delayed Data Feed
  • Trading on Delayed Charts
  • Collusion Between Users or multiple traders buying or selling in the same direction to manipulate the market.

Payout Methods :

For payouts, FXIFY provides the option of rise to withdraw the profits.

Trading Commissions :

FXIFY uses FXPIG™’s All-In Feed in which traders have 0 commissions and with Raw feed, commissions will be $6 per lot round trip.

FXIFY Challenge Account Pricing

1-Phase

1-Phase Price Card Bar

Pricing

Size: $5000 ($59)

Size: $10000 ($89)

Size: $15000 ($119)

Size: $25000 ($199)

Size: $50000 ($379)

Size: $100000 ($499)

Size: $200000 ($999)

Size: $400000 ($1999)

1-Phase Left Icon

Features

1-Phase Right Icon

Drawdown Type

Equity Based Drawdown

Copy Trading

Copy Trading Allowed

Drawdown

6%

EA Allowed

EA Allowed

News Trading

News Trading is Allowed

Profit Target

10

Daily Loss

3%

2-Phase

2-Phase  Price Card Bar

Pricing

Size: $10000 ($85)

Size: $15000 ($115)

Size: $25000 ($199)

Size: $50000 ($375)

Size: $100000 ($499)

Size: $200000 ($999)

Size: $400000 ($1999)

2-Phase  Left Icon

Features

2-Phase  Right Icon

Drawdown Type

Equity Based Drawdown

Copy Trading

Copy Trading Allowed

Drawdown

10%

EA Allowed

EA Allowed

News Trading

News Trading is Allowed

Profit Target

10%-5%

Daily Loss

5%

3-Phase

3-Phase Price Card Bar

Pricing

Size: $10000 ($59)

Size: $15000 ($79)

Size: $25000 ($149)

Size: $50000 ($249)

Size: $100000 ($399)

Size: $200000 ($799)

Size: $400000 ($1599)

3-Phase Left Icon

Features

3-Phase Right Icon

Drawdown Type

Equity Based Drawdown

Copy Trading

Copy Trading Allowed

Drawdown

5%

EA Allowed

EA Allowed

News Trading

News Trading is Allowed

Profit Target

5%-5%-5%

Daily Loss

5%

Instant Funding

Instant Funding Price Card Bar

Pricing

Size: $1000 ($69)

Size: $2500 ($119)

Size: $5000 ($229)

Size: $10000 ($449)

Size: $25000 ($899)

Size: $50000 ($1749)

Instant Funding Left Icon

Features

Instant Funding Right Icon

Drawdown Type

Equity Based Drawdown

Copy Trading

Copy Trading Allowed

Drawdown

8%

EA Allowed

EA Allowed

News Trading

News Trading is Not Allowed

Profit Target

None

Daily Loss

8%

Frequently Asked Questions

Reviews

Fxify is a prop firm that accommodates both beginners and experts in the forex industry this would be my number 1 firm to go to

Fxify is a prop firm that accommodates both beginners and experts in the forex industry this would be my number 1 firm to go to

Tuthani Ncube

Tuthani Ncube

Very satisfied with the services provided, great support team, clear rules, easy to follow, flexible enough and it offers the needed tools to become a profitable trader. One thing to consider, when withdrawing profit, the account is frozen or locked for a few days, but you are informed about the payment status so it is not such a big deal

Very satisfied with the services provided, great support team, clear rules, easy to follow, flexible enough and it offers the needed tools to become a profitable trader. One thing to consider, when withdrawing profit, the account is frozen or locked for a few days, but you are informed about the payment status so it is not such a big deal

Ijlal Ali Khan Niazi

Ijlal Ali Khan Niazi

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