FXIFY is a forex prop firm with an attractive Two-step challenge. They offer up to $200,000 in funding to traders.
- Trading Journal
- Single-phase
- Challenge Funding available up to $400,000
- Withdrawal Process
- Low-Quality Customer Support
- Relatively New Company
What is Fxify?
FXIFY is a trading company that provides skilled traders and investors with the chance to access up to $400,000 in private funds following a set of demanding trading evaluations. Traders can increase their accounts to $4 million and receive profit-sharing splits of up to 90%.
Traders utilizing it can take advantage of commission-free trading on a wide variety of products, such as Forex, Stock Indices, Precious Metals like Gold and Silver, and others. Traders can benefit from narrow spreads, trade freely, and utilize adjustable leverage choices.
This firm allows traders to use automated strategies and Expert Advisors (EAs) on their platform, as long as these methods are original and created by the user.
Fxify Funding Programs and Challenges: Rules and Requirements
It is a trading company that provides skilled traders and investors with the chance to access up to $400,000 in private funds following a set of demanding trading evaluations. Traders can increase their accounts to $4 million and receive profit-sharing splits of up to 90%.
provides two assessment program choices: One-Phase and Two-Phase series, each with unique terms and conditions to offer traders further flexibility suited to their own trading needs.
Step | Cost | Platforms | Profit Target | Daily Loss | Max Drawdown | Max Trailing Drawdown | Minimum Trading Days | Refundable Fee |
1 | $99.00 | Metatrader 4/5 | 10% | 5% | 10% | – | – | Yes |
2 | $99.00 | Metatrader 4/5 | 10% | – | – | 6% | 5 | Yes |
The tables detail the two phases required for funding, including expenses, platform compatibility, profit targets, daily loss limits, maximum drawdowns, maximum trailing drawdowns, minimum trading days, refundable fees, and instructions for the process.
FXIFY’s exclusive accounts can be accessed via the industry-leading trading platforms MT4 and MT5, made possible by a special collaboration with FXPIG, a well-established retail brokerage offering various assets since 2010.
Traders utilizing it can take advantage of commission-free trading on a wide variety of products, such as Forex, Stock Indices, Precious Metals like Gold and Silver, and others. Traders can benefit from narrow spreads and trade freely, along with the ability to customize leverage options.
The firm also accommodates traders utilizing automated strategies and Expert Advisors (EAs) on their proprietary platform, provided these strategies are unique and developed by the client.
Fxify Broker: Do They Use a Reliable Platform?
FXIFY showcases its commitment to technological progress with its sophisticated trading dashboard. This dashboard represents a substantial investment in improving the trading experience and offers traders a wide range of features. The tools consist of a thorough trade analysis, account metrics, and a trade journal.
All these elements are crucial for assessing performance and promoting the development of trading abilities. Moreover, offering both MetaTrader 4 and MetaTrader 5 platforms enhances the trading experience, accommodating various trader preferences.
FXIFY provides an advanced trading dashboard that acts as a consolidated platform for traders. It allows traders to meticulously study their deals and make well-informed selections. Traders have access to comprehensive information about their trading activity, such as performance metrics, profit and loss analysis, and trade history. Extensive data enables traders to recognize strengths, identify areas for improvement, and enhance their trading tactics efficiently.
Furthermore, the inclusion of MetaTrader 4 and MetaTrader 5 platforms enhances the range of services provided by FXIFY, accommodating the specific requirements and inclinations of traders. The MetaTrader platforms are well-known for their intuitive interface, sophisticated charting features, and a wide range of technical indicators and trading tools.
FXIFY guarantees traders have access to the platform that best corresponds with their trading style and objectives, whether they prefer the familiarity of MetaTrader 4 or the improved functionality of MetaTrader 5.
FXIFY’s investment in technology, demonstrated by its powerful trading dashboard and MetaTrader platform support, shows its dedication to offering traders a smooth and thorough trading experience. FXIFY enables traders to confidently traverse financial markets and achieve their trading goals by utilizing advanced tools and platforms.
Fxify Fees: How Much Do They Charge?
FXIFY stands out as an attractive choice for traders, accommodating both conservative and aggressive trading approaches with leverage choices up to 50:1 and profit sharing up to 90%. The one-time refundable fees vary based on the account size but are a small investment compared to the possible rewards and prospects for traders.
Fxify Proof of Payment:
The company’s bi-weekly payout structure, combined with the possibility to choose from up to 15 payout methods, demonstrates its commitment to providing convenient services for traders. The company’s provision of an on-demand withdrawal option for the initial payout highlights their acknowledgment of traders’ need for prompt access to cash incentives.
Thus, FXIFY persists in challenging limits through its creative methodology. The company’s forward-thinking approach is seen in upcoming innovations like Social Copy Trading and FXIFY Pre-Paid Cards, designed to enhance and simplify the trading experience for consumers.
Fxify Customer Support:
FXIFY stands out for its focus on community development. The organization interacts with traders on several social media platforms and offers extensive support through its web portal and live chat services. Dedication among users provides a sense of unity, encouraging contact and collaboration within the FXIFY ecosystem. Therefore, the participation of FXIFY also in the Discord platform which is commonly chosen for fast communication, while email replies can be less prompt.
What Makes Fxify Unique?
Fxify is a proprietary trading firm that provides two funding programs: One Phase and Two Phase Programs. These programs offer traders the ability to adapt their trading strategies, allowing them to engage in news trading, hold positions overnight, and trade on weekends (requires an add-on, exclusively for Extended accounts). Fxify stands out from other top prop firms because of the distinctive characteristics of its funding packages.
The organization offers traders a unique opportunity to customize their trading accounts at checkout, recognizing the diverse requirements of different traders. Traders can choose their desired account size and tailor it to match their trading techniques and preferences.
Fxify Reviews: What Do Their Customers Say?
Fxify has a rating of 4.6 out of 5 stars on Trustpilot. They are on the grand stage near the platform. A total of 1,013 reviews have been left by customers on Trustpilot.
#1. Stanleigh C reported using props since August of last year. He maintains three accounts with several companies to spread the risk. The MFF event occurred shortly after the TFF, followed by FE vs FPFX, and finally FP vs Blackbull. FXIFY has stayed consistent and flawless. His FXIFY transactions are the only ones that align with his live personal account at an a-book broker.
He recently purchased FXIFY accounts because he is concerned that his other proprietary accounts may exceed limits due to missed trades or failure to meet the take-profit level. Suspicious activities are happening with the non-FXIFY accounts. It is time to promote FXIFY to the top position it deserves. FXIFY is accumulating funds to secure the maximum amount.
#2. Arapboy Qodirov expressed his excitement upon learning about his positive encounter with FIXFY. Their kind contribution of $15,000 towards his exam is highly noteworthy. They not only offered financial aid but also played a crucial role in his accomplishment by assisting him in passing his exam. This demonstrates their dedication to their client’s objectives and ambitions.
FIXFY’s commitment to its customers is clear, and they are confident that his evaluation will encourage others to rely on them for their financial requirements. Congratulations on passing his exam, and praise FIXFY for their exceptional service.
#3. Nick Gari stated that while the Dashboard and regulations are impressive, his assessment will focus on customer care. he is awaiting a response to the email he sent last Thursday and a couple of times the following day. During the live chat, they were unhelpful and unable to provide information on the expected wait time for a reply. Someone somebody responds to him.
#4. Darweesh Alhosani stated that the account should not be deleted only due to reaching the daily loss limit. The loss should be determined after the settlement of trades or when the margin is consumed.
#5. Ruan Immelman reported an event where he was forced to exit a deal overnight. The transaction was profitable, but it was closed due to hitting the stop loss as per their decision. They cited “slippage” as the cause. He provided them with evidence in the form of screenshots, but they refused to take any action. He received a vague response from them. he lost all faith in them and their capacity to rectify concerns with their broker. He will follow his instructions, obtain his return, and transition to a superior proprietary trading firm. He recommends that they also consider other companies.
Conclusion
FXIFY is a superb choice for traders at every skill level. FXIFY solidifies its position as a major player in the proprietary trading business due to its flexible trading conditions, advanced technology, and customized features for traders.
FXIFY offers a comprehensive solution that caters to various trading styles and preferences, suitable for both rookie and experienced traders looking for new chances.
FXIFY is more than just a proprietary trading firm; it functions as a platform that enables traders to confidently and effectively traverse financial markets to achieve profits. FXIFY provides traders with a strong infrastructure, an easy-to-use interface, and several supported services to help them succeed in the ever-changing trading environment.
FXIFY offers the structure and assistance needed to reach the trading objectives, whether traders aim to profit from short-term market changes or implement long-term investment plans.