Fxify – Prop Firm Review
- Superior copy trades for beginners
- Exclusive signals from market specialists
- Impressive profit margins without effort
- Expert mentorship during market hours
- Cutting-edge analysis tools available daily
Firm Overview
FXIFY (fxify.com) founded April 2023. CEO Peter Brown and David Bhidey. UK entity: FXIFY Solutions Limited (payment processing). Trading arm: FXIFY Markets Ltd (Labuan, Malaysia, licensed MB/22/0097). Backed by FXPIG™ broker. Six programs: Instant Funding (skip eval, trade live immediately), Lightning (7-day fast-track, 5% target), 1-Phase (10% target), 2-Phase (10%+5%), 3-Phase (gradual), and Crypto-Standard. Accounts $5K-$400K.
Payout System
On-demand payouts from first funded trading day — no minimum trading days post-funding, minimum $50. Rise is the sole payment processor; traders must pass Rise KYC separately from FXIFY KYC. If Rise declines your KYC, FXIFY cannot process your payout via any alternative method — a significant and widely reported risk.
Key Rules
- Max daily loss: 5% | Max overall drawdown: 5-10% (varies by program)
- EAs: allowed on MT4/MT5 (1-Phase, 2-Phase, 3-Phase); restricted on DXTrade, Lightning, Instant
- Copy trading: allowed (external accounts require 1-month MT4/MT5 statement); banned on Lightning and Instant
- No consistency rule on most programs
- Minimum 5 trading days before challenge completion
Company Information
- Founded: April 2023 | CEO: Peter Brown, David Bhidey | UK + Labuan (Malaysia)
- Accounts: $5K-$400K | Scaling to $4M | Up to 90% split
- Platforms: MT4, MT5, DXTrade, TradingView
- Payouts: On-demand, min $50, via Rise only
- Trustpilot: 4.3/5 from 5,307 reviews | $30M+ paid out
Key Features at a Glance
- Founded April 2023, backed by FXPIG™ broker — UK entity plus Labuan (Malaysia) licensed trading arm
- Six distinct programs: Instant Funding, Lightning, 1-Phase, 2-Phase, 3-Phase, and Crypto-Standard
- Account sizes from 5,000 to 400,000 USD, with scaling path to 4,000,000 USD in funded capital
- Up to 90% profit split — one of the highest headline splits in the prop firm industry
- Four platform choices: MT4, MT5, DXTrade, and TradingView
- On-demand payouts from the first funded trading day — minimum 50 USD withdrawal
- Rise is the sole payment processor — traders must separately pass Rise KYC to receive payouts
- No consistency rule on most programs — trade freely without per-day profit caps
- Trustpilot rated 4.3/5 from over 5,300 reviews with 30M+ USD paid out to traders
Trading Programs Overview
FXIFY offers six distinct challenge and funding programs, making it one of the most diverse prop firms in terms of evaluation structure. Each program targets a different trader profile.
- Instant Funding: Skip the evaluation entirely — access a funded virtual account immediately. No profit target required before trading. Payouts require a minimum 8% profit confirmation
- Lightning: A 7-day fast-track evaluation with a 5% profit target. Designed for traders who want the quickest possible path through a traditional evaluation. EAs and copy trading restricted
- 1-Phase: Standard single-phase challenge with a 10% profit target. The most popular program. EAs and copy trading permitted on MT4/MT5
- 2-Phase: Two-phase evaluation: 10% profit target in Phase 1, 5% in Phase 2. More affordable entry fee than 1-Phase. Full EA and copy trading support
- 3-Phase: Three-phase gradual evaluation with lower targets per phase. Designed for conservative traders who prefer a measured qualification pathway
- Crypto-Standard: A crypto-focused variant allowing cryptocurrency CFD trading as the primary instrument — suitable for traders who specialize in crypto volatility
Account Sizes & Pricing
FXIFY offers accounts from 5,000 USD to 400,000 USD. Pricing varies significantly by program type. Indicative fees for the 1-Phase program are shown below. Scaling to 4,000,000 USD is available for consistent performers.
| Account Size | 1-Phase Fee (approx) | 2-Phase Fee (approx) | Starting Profit Split |
|---|---|---|---|
| 5,000 USD | 49 USD | 29 USD | 80% |
| 10,000 USD | 89 USD | 55 USD | 80% |
| 25,000 USD | 169 USD | 99 USD | 80% |
| 50,000 USD | 299 USD | 169 USD | 80% |
| 100,000 USD | 549 USD | 299 USD | 80% |
| 200,000 USD | 949 USD | 549 USD | 85% |
| 400,000 USD | 1,799 USD | N/A | 90% |
Fees are approximate and may vary by promotion. Verify current pricing at fxify.com. Instant Funding and Lightning programs carry different fee structures.
Trading Platforms
FXIFY supports four trading platforms — an unusually broad selection that accommodates a wide range of trader preferences and automation styles.
MetaTrader 4 & MetaTrader 5
Both MT4 and MT5 are available on FXIFY’s 1-Phase, 2-Phase, and 3-Phase programs. These platforms support the full range of Expert Advisors (EAs), copy trading integrations, and one-click execution. MT4 is ideal for traders with established forex-focused EA libraries, while MT5 provides broader instrument access and improved backtesting capabilities.
DXTrade
DXTrade is a professional prop firm platform offering web-based access, fast execution, and integrated risk management. EA support is restricted on DXTrade at FXIFY, and copy trading is not permitted through this platform. It is best suited for manual traders who prefer browser-based access without software installation.
TradingView
FXIFY offers direct trading execution through TradingView — a rare and popular feature for traders who use TradingView as their primary analysis and charting tool. Traders can place orders and manage positions without switching platforms, making TradingView integration one of FXIFY’s most convenient features for chart-focused traders.
Financial Markets
FXIFY is a Forex and CFD prop firm offering a broad range of instruments across multiple asset classes, with a dedicated Crypto-Standard program for cryptocurrency specialists.
- Forex: Major, minor, and exotic currency pairs — EUR/USD, GBP/USD, USD/JPY, AUD/USD, EUR/GBP, USD/ZAR, and 50+ additional pairs
- Indices: US30, US500, US100, UK100, GER40, FRA40, JPN225, AUS200, and other global equity index CFDs
- Commodities: Gold (XAU/USD), Silver (XAG/USD), crude oil (WTI and Brent), and natural gas CFDs
- Cryptocurrency CFDs: BTC/USD, ETH/USD, LTC/USD, XRP/USD and others — all programs; Crypto-Standard program focuses specifically on these instruments
- Stock CFDs: Selected equity CFDs for major US and international shares — availability varies by program and platform
Challenge Specifications
FXIFY’s challenge rules vary by program. The table below summarizes key parameters across the main programs.
| Rule | Instant | Lightning | 1-Phase | 2-Phase (Ph1/Ph2) |
|---|---|---|---|---|
| Profit Target | None (8% for payouts) | 5% | 10% | 10% / 5% |
| Max Daily Loss | 5% | 5% | 5% | 5% |
| Max Overall DD | 5% | 5-8% | 10% | 10% |
| Min Trading Days | None | 7 days | 5 days | 5 days each |
| EAs Permitted | No | No | Yes (MT4/MT5) | Yes (MT4/MT5) |
| Copy Trading | No | No | Yes (with statement) | Yes (with statement) |
| Overnight Holding | Allowed | Allowed | Allowed | Allowed |
| Weekend Holding | Allowed | Allowed | Allowed | Allowed |
| News Trading | Allowed | Allowed | Allowed | Allowed |
Trading Commissions & Spreads
FXIFY uses a spread-based pricing model. Rates vary by platform — MT4/MT5 accounts typically offer tighter raw spreads with commissions; DXTrade and TradingView accounts may use a spread-inclusive model.
| Instrument | Typical Spread (MT4/MT5) | Commission (per lot, per side) |
|---|---|---|
| EUR/USD | 0.0–0.5 pips | ~0.50–1.50 USD |
| GBP/USD | 0.5–1.5 pips | ~0.50–1.50 USD |
| Gold (XAU/USD) | 0.10–0.35 pips | ~0.50–1.50 USD |
| US500 Index CFD | 0.50–1.50 points | ~0.50–1.50 USD |
| BTC/USD | 15–50 USD | ~1.00–3.00 USD |
| US100 Index CFD | 0.80–2.00 points | ~0.50–1.50 USD |
Prohibited Activities & IP Rules
FXIFY enforces program-specific restrictions — notably, some activities permitted on standard programs are banned on Lightning and Instant Funding.
- EAs banned on Lightning and Instant: Automated trading strategies are not permitted on the Lightning fast-track or Instant Funding programs
- Copy trading banned on Lightning and Instant: External signal copying is prohibited on these programs; allowed on 1-Phase/2-Phase/3-Phase with a 1-month MT4/MT5 account statement
- Account sharing prohibited: Only the registered account holder may trade the assigned account
- No latency arbitrage or HFT: Strategies exploiting data feed latency or tick manipulation are explicitly banned
- No coordinated group trading: Multiple FXIFY accounts placing identical simultaneous trades by related parties is prohibited
- Brand and IP usage: Traders may not use the FXIFY, FXIFY Solutions, or FXPIG name or branding without written consent
Unique Features
FXIFY stands out for its combination of six programs, four platforms, TradingView execution, and on-demand payouts.
On-Demand Payouts from Day One
FXIFY allows funded traders to request withdrawals from their very first funded trading day. There is no waiting period and no minimum trading day requirement post-funding. The minimum withdrawal is just 50 USD — making it possible to access profits quickly and frequently. However, all payouts flow exclusively through Rise, meaning traders must complete a separate Rise KYC process. If Rise rejects a trader’s KYC, FXIFY currently has no alternative payment method available — a significant and widely reported risk that traders should investigate before purchasing.
TradingView Native Execution
FXIFY is one of very few prop firms globally that supports direct order execution through TradingView — not just charting, but live order placement and management. For the large community of traders who use TradingView as their primary analysis platform, this integration eliminates the need to switch between analysis and execution environments, streamlining the entire trading workflow.
Backed by FXPIG™ — Institutional Infrastructure
FXIFY’s trading operations are backed by FXPIG™, a regulated forex broker with institutional-grade execution infrastructure. This broker backing provides FXIFY with deep liquidity, tight spreads, and the regulatory credibility of operating within an established brokerage framework — offering traders greater confidence in the execution quality and operational stability of the platform compared to fully standalone prop firms.
Why Choose FXIFY?
FXIFY’s strongest appeal lies in its breadth: six programs, four platforms (including TradingView execution), on-demand payouts from day one, and accounts up to 400,000 USD scaling to 4,000,000 USD. The no-consistency-rule policy on most programs means traders can have large single-day gains without jeopardizing payouts — a significant differentiator from firms that enforce strict daily profit caps.
The primary risk to understand is the Rise-only payout dependency. If Rise KYC fails, there is currently no alternative — which has been a source of frustration for some traders. Researching your Rise KYC eligibility before purchasing a challenge is strongly recommended. For traders in regions where Rise operates smoothly, FXIFY offers a well-structured and flexible funding experience.
Frequently Asked Questions
How long does it take to get funded?
With Instant Funding, you can begin trading a funded account immediately upon purchase. For Lightning (7-day fast-track), qualification requires passing a 5% profit target within 7 days. For 1-Phase, the minimum is 5 trading days plus reaching a 10% profit target with no time limit. Account setup after passing typically takes 24–48 hours.
Can I hold positions over the weekend?
Yes. FXIFY permits overnight and weekend holding across all programs and account types. There are no restrictions on holding positions through the weekly market close or through major news events on any FXIFY program.
What happens if I break a rule?
Breaching the max daily loss (5%) or overall drawdown limit results in immediate account termination. Evaluation accounts must be repurchased or reset. Funded accounts that breach rules are closed. Note that using EAs or copy trading on Lightning or Instant Funding programs is also a terminable violation — check program-specific restrictions before automating.
Can I trade news events?
Yes, news trading is permitted across all FXIFY programs. There are no specific restrictions around trading during high-impact economic events such as NFP, FOMC, or CPI releases. FXIFY’s max daily loss (5%) applies regardless of whether losses occur during news events, so appropriate position sizing is always advised.
How often can I withdraw profits?
FXIFY offers on-demand payouts from the first funded trading day with a minimum withdrawal of 50 USD. There is no waiting period and no consistency rule on most programs. All payments are processed exclusively through Rise — traders must separately complete Rise KYC before their first payout. Processing typically takes 1–3 business days after Rise approval.
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