FXIFY Overview
FXIFY Discount Code (20%)
Plans & Pricing
1 Phase Plans:
- $5,000: $59 – $400,000: $1,999
2 Phase Plans:
- $5,000: $59 – $400,000: $1,999
3 Phase Plans:
- $5000: $39 – $400,000: $1,599
Instant Funding Plans:
- $1000: $69 – $50,000: $1,749
Trading Platforms Available
- MetaTrader 4 (MT4)
- MetaTrader 5 (MT5)
- DX Trade
Price Feeds
- Raw Spreads: True institutional pricing with no markups
- All-In (Commission Free): All-in pricing feed
Add Ons
- Increase Leverage +25%
- 50:1 (FX & Gold)
- Increase Profit Split +20%
- 90% profit split
- Bi-Weekly Payouts +5%
- Not monthly
- Performance Protect +15%
- Protect your account
Customer Support Channels
- Live Chat
- Email Support
- Telephone Assistance
Pros
- Potential to scale up to $4 million
- High leverage
- Permits news trading and weekend positions
- Bi-weekly payout with add ons
- Balanced based drawdown
- Up to 90% profit split
Cons
- Limited educational resources
- Default monthly payout
Comprehensive Overview of FXIFY
If you’re a motivated trader searching for a prop trading firm to advance your career, making an informed decision among numerous options is crucial. This review evaluates FXIFY, a prop firm offering funding programs for forex, crypto, equities, and commodities traders. We will explore their funding programs, fee structures, tradable assets, and trading rules to help you decide if FXIFY aligns with your trading aspirations.
Introduction to FXIFY
FXIFY is a cutting-edge prop trading firm providing traders with up to $4,000,000 in capital. They focus on delivering an exceptional trading experience with real-time analytics and metrics to enhance trading skills. FXIFY distinguishes itself by allowing traders to tailor their accounts to fit their unique strategies, whether they prefer aggressive trading or a more flexible approach.
The firm was established by experienced traders David Bhidey, Peter Brown, and Robert Winters, who bring over 30 years of combined experience in retail and institutional trading to FXIFY. Their deep expertise and passion for trading drive the firm’s mission.
FXIFY recognizes the challenges of trading and offers a supportive, transparent environment. They provide two evaluation programs designed for different skill levels and risk tolerances, fostering a community that helps traders navigate financial markets and achieve success.
FXIFY Features & Platform
Tradable Instruments
Partnering with FXPIG, a reputable broker since 2010, FXIFY offers over 300 trading instruments, including:
- Forex: More than 40 currency pairs
- Cryptocurrencies: Bitcoin, Ethereum, Litecoin, and others
- Indices: Major global indices
- Commodities: Gold, platinum, palladium, and silver through CFDs and ETFs
Scaling Strategy
FXIFY has a straightforward scaling strategy, allowing traders to grow their account balance up to $4,000,000. Achieving a 10% profit results in an automatic 50% increase in funding, promoting consistent growth.
Payment Options
FXIFY supports multiple payment methods, including:
- Major credit and debit cards (Visa, MasterCard)
- Bank transfers
- PayPal
- Cryptocurrencies like USDT Payments are processed securely and transparently, ensuring quick and easy funding.
Withdrawal Process
The Withdrawal On Demand feature allows traders to request withdrawals within 24 hours of their first trade on a live account. Withdrawals can be requested bi-weekly with add-ons, with profits sent via standard bank wire transfer or cryptocurrency. FXIFY is also introducing pre-paid cards for faster access to earnings.
Trading Guidelines
FXIFY offers some of the most relaxed trading guidelines in the industry:
- Use of Expert Advisors (EAs) allowed
- Weekend holding permitted
- No consistency rules
- No mandatory stop-loss orders
Getting Started
- Choose your funded trader plan from the Pricing Plan page.
- Apply and schedule a phone interview to discuss your trading experience.
- Upon approval, pay the required fee.
- Begin trading on a live account immediately.
Final Thoughts
FXIFY stands out as an innovative and flexible prop trading firm with customizable funding programs, relaxed trading rules, and a wide array of tradable assets. With an experienced founding team and a commitment to continuous improvement, FXIFY is poised to become a leading prop firm. For traders seeking a supportive and transparent environment to achieve their trading goals, FXIFY is an excellent choice.
FXIFY 20% discount code:
FXIFY Review Overall
FXIFY stands out as a highly promising prop trading firm with flexible funding programs, advanced trading platforms, and a diverse range of tradable assets. Despite being new to the market, its innovative approach and experienced founding team make it a strong contender for traders seeking substantial funding and a supportive trading environment. While customer support could be more robust, the overall benefits make FXIFY a compelling choice for serious traders.
Pros
- Offers up to $4 million in trading capital.
- Permits the use of EAs, weekend holding, and does not require mandatory stop-loss orders.
- Provides a wide range of over 300 instruments, including forex, cryptocurrencies, indices, and commodities.
Cons
- Being a newer prop firm, it has limited user feedback and reviews.
- While support is available via chat, email, and call, the service quality can vary.
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