Fxify Review: Funding, Rules, Fees, And Payouts

This FXIFY review delivers an honest look at a prop firm that allocates company capital to skilled traders in return for a profit share. The program is positioned as a route for capable individuals who lack large personal funds but have discipline and robust trading strategies. The model is attractive, yet questions about transparency and day-to-day operations mean experienced traders should weigh benefits against risks. This detailed review covers how FXIFY operates, its compensation and payout framework, platform availability, and overall credibility.

Evaluation Step 1 Rules

• Profit Target:10%.
• Daily Loss Limit:4%.
• Max Drawdown:10%.

Evaluation Step 2 Rules

• Profit Target:5%.
• Daily Loss Limit:4%.
• Max Drawdown:10%.

How to Open an Account

Apply to start the evaluation and progress toward a live funded account once you meet the trading rules.

Fees and Features

• Trading Platforms:MetaTrader 4 (MT4), MetaTrader 5 (MT5), DXTrade, and TradingView.
• Extras:From $89 for a two-step $10,000 evaluation. Profit split up to 90%. Expert Advisors allowed. Holding trades overnight is permitted. Leverage up to 50:1.
• Discounts:Code ITS offers 15% off all packages. Code CYBER35 offers 35% off all packages.

FXIFY is a proprietary trading firm that funds traders after they pass an evaluation process. FXIFY allows traders to control larger account sizes after passing a staged evaluation. Depending on the chosen path, the assessment may include one, two, or three steps, each designed to verify consistency, risk management, and execution quality under predefined trading conditions. After completing the process, traders receive a funded account and keep a portion of profits as per the payout structure.

The firm previously emphasized a two-step flow but now offers multiple tracks. Every stage comes with defined targets for profit, daily loss, and overall drawdown to keep risk in check during the prop trading challenge, and traders should also expect additional restrictions that can vary by account type—such as minimum trading days, limits on account sharing or third-party trade copying, and prohibitions on strategies the firm deems abusive (for example, latency arbitrage, manipulative order behavior, or high-risk grid/martingale-style position management). Certain products may also have different trading hours, and rules around news trading, weekend holding, and maximum exposure can differ by program, so reading the specific rule set for the chosen plan matters as much as hitting the profit targets.

Before you pay for a challenge, treat the rulebook like a contract: one misunderstood restriction can invalidate an otherwise profitable month.

Standard leverage is up to 1:50, which is moderate by industry norms. This ratio still offers meaningful exposure but discourages reckless position sizing. Careful risk management is vital to avoid breaching daily drawdown or max drawdown thresholds.

Traders can use MT4, MT5, DXTrade, or TradingView, all popular for stability, charting, and support for automated trading strategies. Scalping is generally workable on these platforms, but any approach that relies on exploiting execution delays (or similar “gaming” behavior) can fall into prohibited activity. Automated systems are typically permitted, but strategies tied to latency arbitrage, toxic flow, or other broker-abuse patterns are commonly restricted across prop firm models.

FXIFY offers access to multiple markets so every trader can diversify or specialize:

• Major and minor forex pairs.
• Global stock indices such as the S&P 500, Nasdaq, and FTSE.
• Metals and energy, including gold, silver, and oil.
• Cryptocurrencies like Bitcoin and Ethereum, subject to availability.

Orders are executed with raw spreads plus commissions through liquidity providers. Execution partners and the underlying broker relationships are not disclosed, which limits clarity around fills, latency, and slippage.

FXIFY offers several account sizes under the core two-step evaluation. Typical parameters include a profit target, daily loss cap, and max drawdown. Example pricing and rules for common account sizes:

Fees are paid upfront and are not refundable. Successful traders advance to a funded account and can request a withdrawal on a bi-weekly schedule. FXIFY does pay out to traders who meet the requirements, but payouts are contingent on staying within risk limits and following the rule set; activity flagged as rule-breaching (or suspicious trading behavior) can lead to delays, additional review, or a denied payout depending on the circumstances. The highest advertised payout share is up to 90%, and the split is commonly structured in tiers—meaning not every trader necessarily starts at the maximum, and the top tier may depend on hitting specific performance, consistency, or payout-history milestones while remaining fully compliant.

There are no ongoing monthly platform charges once you have paid the entry cost. If you fail an evaluation, you must pay again to retry. In addition to the evaluation purchase, traders should plan for other potential costs that can appear in prop firm workflows, such as resets or restarts, add-ons (if offered), repeated challenge attempts, commissions and spreads, and possible third-party costs tied to withdrawals (for example, bank charges, payment processor charges, or crypto network fees if applicable). In some cases, the initial fee may be reimbursed after meeting specific milestones, so confirm the latest policy before committing.

Two-Stage Evaluation for $10K Account

Three-Stage Evaluation for $200K Account

FXIFY provides multiple evaluation formats to suit different trading strategies and risk preferences. The main choices include:

• One-Phase:A single, tougher stage with a clear profit target and strict drawdown rules. Best for confident traders who want quicker access to capital without a second verification step.
• Two-Phase:The most popular route, with an initial challenge and a verification stage. Targets are similar across stages, and the format balances difficulty, cost, and rule enforcement for most applicants.
• Three-Phase:A slower, more forgiving path that spreads targets over three steps. It typically carries lower per-stage requirements and suits traders who prefer a gradual build-up.
• Lightning:An accelerated path with tight timelines and minimal error tolerance. It favors advanced traders who can meet targets in very few trading days.

FXIFY Instant Funding: A Premium Path for Traders

Instant funding bypasses the standard evaluation process and grants immediate access to live capital. The convenience carries a higher upfront cost, but it eliminates uncertainty and accelerates the first payout for traders ready to deploy their strategies now.

Instant Funding for $10K Account

Many traders prefer this path for its speed and clarity. If you trust your methodology and risk controls, paying more to skip the challenge can be worthwhile because you can start earning a payout share immediately.

Pros

• Access to Capital:Skilled traders can manage sizable accounts without committing large personal funds beyond the evaluation fee.
• Flexible Account Sizes:Multiple account options allow alignment with risk appetite and trading strategies.
• Measured Leverage:Up to 1:50 helps maintain exposure while curbing extreme volatility risk.
• Trusted Trading Platforms:MT4, MT5, DXTrade, and TradingView reduce the learning curve and support EAs.
• High Profit Share:A payout of up to 90% rewards consistency and disciplined execution.
• No Monthly Platform Fees:After the one-time evaluation fee, ongoing charges are not typical.
• Diverse Markets:Forex, indices, commodities, and crypto enable broader strategy deployment.
• Platform Choice:Multiple platforms accommodate discretionary and automated approaches.
• Bi-Weekly Withdrawals:Faster access to earnings improves cash flow for active traders.

Cons

• Opaque Execution:Undisclosed brokers and liquidity providers make it hard to evaluate spreads, slippage, and fill quality.
• Tight Risk Limits:Daily loss and total drawdown caps can constrain higher-volatility strategies.
• Retry Costs:Failed evaluations require repurchase, which can add up early on.
• Limited Transparency:The internal funding model and risk handling are not clearly explained.
• Marketing-Heavy Messaging:Emphasis on testimonials lacks independent audits or verifiable data.
• Missing Execution Metrics:Details like latency and typical slippage are not provided.

How Does the Profit Split Work?

Traders keep a portion of the profits they generate, with shares advertised up to 90% when they follow the trading rules and show consistency. Once live, payouts are typically processed every two weeks.

How Do I Withdraw Money From FXIFY?

Withdrawals are typically requested from your trader dashboard once you are on a funded account and have eligible profits. In most cases, the process looks like this: log in to your client area, navigate to the payouts/withdrawals section, select an available withdrawal method shown for your account, enter the amount you want to withdraw, and submit the request for review.

Withdrawal methods can vary by region and account setup, and the options available to you should be listed inside the portal at the time of request (for example, bank transfer or crypto if offered for your account). If a minimum withdrawal amount applies, it is usually displayed at the point of submission and can differ by method.

Requests are generally handled on the firm’s bi-weekly payout schedule, and the total time to receive funds can depend on the method used (bank processing times or network confirmations can add delay). FXIFY may also restrict or delay withdrawals if trading rules were breached, if the account is under compliance review, or if additional verification is required, and third-party charges (bank fees, processor fees, or network fees) can apply even when the firm itself does not advertise a separate withdrawal fee.

Can I Trade News or Hold Positions Overnight?

Holding trades overnight and over weekends is generally allowed, though specific restrictions can vary by account type. News trading is usually permitted subject to stated conditions.

What If I Break the Rules During the Evaluation?

Exceeding daily loss or max drawdown limits, or missing required targets, leads to disqualification for that attempt. You must purchase another try to continue.

Can I Use Expert Advisors or Automation?

Yes. MT4 and MT5 support automated strategies. EAs are allowed provided they do not exploit platform inefficiencies or breach risk parameters.

Are There Hidden Fees?

Beyond the one-time evaluation fee, routine platform or data charges are not typical. However, resets, administrative extras, or repeated attempts may incur additional costs.

FXIFY offers a practical way to access institutional-style buying power through a structured evaluation, clear profit targets, and defined risk limits. Large account sizes, measured leverage, and an attractive profit split can be compelling for disciplined traders who respect trading rules and practice sound risk management.

That said, limited transparency on execution partners and internal operations introduces counterparty risk that professionals should not ignore. The major risks to weigh include business and counterparty risk (the firm’s ability and willingness to honor payouts), the risk of sudden rule changes or stricter enforcement, execution and slippage risk due to undisclosed broker relationships, payout disputes or processing delays tied to compliance checks, and the practical risk of losing fees through repeated failed attempts or resets. As with any prop structure, traders also face normal market risk amplified by firm-imposed drawdown limits, plus the operational risk that platform outages or pricing anomalies can trigger violations.