FXIFY is a United Kingdom-based CFD prop firm established in April 2023 and co-founded by Peter Brown and David Bhidey. Its programs cover account sizes from $10,000 to $400,000 and provide access to FX, metals, indices, energy and stocks. The firm lists FXPIG as its broker and supports MT5, TradingView and DXTrade.
Evaluation process
FXIFY offers Instant, 1-Step, 2-Step and 3-Step routes, although the listed challenges on this page include 2-Phase Pro accounts and Instant Lite accounts. The 2-Phase Pro plans require three profitable trading days in each phase, with 0.5% profit on each of those days. Other one-, two- and three-phase programs generally require five trading days per phase, while 2-Phase Classic requires four. The Lightning program has a three-day minimum and a seven-day period covering five trading days.
Rules
News trading is allowed without restriction for the standard one-, two- and three-phase programs. Weekend holding is also allowed for those programs, while Instant Lite does not allow weekend holding and automatically closes open positions before Friday’s market close. Instant Lite restricts trading from five minutes before to five minutes after high-impact news. Expert Advisors require support-team review and pre-approval for eligible MT5 accounts, but they are prohibited on Instant Standard, Instant Lite and Lightning.
- FXIFY prohibits high-frequency trading, latency arbitrage, reverse hedging, group hedging, account management and delayed data feeds.
- Copy trading is allowed between a trader’s own FXIFY accounts under stated conditions, but it is prohibited on 2-Phase Pro and Instant programs.
- A 60-day inactivity period applies; traders must trade at least once during that period to keep an account active.
Payouts and platforms
The standard profit split is described as 80%, with up to 90% available through add-ons on applicable programs. 2-Phase Pro pays at 80% every 10 days, while Instant Lite pays every 10 days. The minimum withdrawal is $50, and payout processing is stated as within three business days. Platform choices are MT5, TradingView and DXTrade. FXIFY lists leverage of up to 1:50 for FX on Instant accounts and 1:30 on the listed phased programs, with lower limits for other assets.
Who it suits
FXIFY may suit traders who want a choice between immediate funding and multi-phase evaluations, weekend access on eligible programs, and several platform options. Traders using automated systems, copying trades or trading around high-impact news should examine the program-specific restrictions carefully before purchasing.