|
CEO |
Country |
Trust Pilot |
Date of creation |
Years |
|
Peter Brown 3828_497427-30> |
🇬🇧 UK 3828_ad2f3f-5f> |
4.3 3828_fe703c-46> |
April 2023 3828_1fe736-5f> |
2 years 3828_13f56e-4b> |
FXIFY Programs and Evaluation Accounts
Details of the FXIFY funding company
In an increasingly competitive landscape for those seeking to enter the world of funded trading, FXIFY emerges as an option that combines flexibility, modern tools, and a clear evaluation structure: from “Challenge” accounts to the Live phase, the firm offers access to platforms such as MT4/MT5 and DXTrade, attractive profit sharing, and defined conditions for different levels of experience.
With conditions covering everything from leverage margins to consistency rules and profit withdrawal, FXIFY aims to position itself as a viable bridge between aspiring traders and the funded market.
In this analysis, we will explore its programs, the rules that govern it, the instruments available, and the advantages versus the risks that you should be aware of before accepting the challenge.
Descripción general de la empresa FXIFY
Broker:
Platforms:
Payment methods
Payment methods when purchasing:
Withdrawal methods:
Instruments and assets
Instruments:
Assets
Leverage by market and account type
|
Assets |
Instant |
1-Step |
2-Steps |
3-Steps |
|
Forex 3828_79794c-d5> | 3828_44f37c-b4> | 3828_83b672-ce> | 3828_239d66-67> | 3828_cf2130-6e> |
|
Metals 3828_bc1d6d-c5> | 3828_054529-0e> | 3828_a9c2d6-e3> | 3828_d92dfe-75> | 3828_2620fe-be> |
|
Indices 3828_f08571-80> | 3828_6bdac4-51> | 3828_dcd78d-93> | 3828_411f29-33> | 3828_8e4c6c-98> |
|
Crypto 3828_b7ed26-0b> | 3828_e965bb-8b> | 3828_c037df-f0> | 3828_783c23-a3> | 3828_c8f114-a9> |
|
Stocks 3828_d6a08f-3c> | 3828_c61bd8-88> | 3828_84df0a-85> | 3828_733911-e4> | 3828_64cd8e-e4> |
Commissions at FXIFY
💹 Forex
On Raw Spread accounts, the cost is: $6 per 1 lot.
And on all other All In accounts: $0.
📊 Indices
Raw Spread accounts: $6 per 1 lot
All In accounts: $0
💰 Crypto
No commissions.
⛏️ Metals
For metals in Raw Spread Accounts: $6 per 1 lot.
In All In Accounts: $0.
🏦 Stocks
For stocks 0.35% RT (Round Turn)
📊 Consistency Rules
⚡ 30% Consistency Rule «applicable only to Lightning Plans»
The 30% Consistency Rule aims to encourage balanced and sustainable growth in traders’ performance, preventing results from depending on a single day of extraordinary gains. This rule seeks to reward consistency, discipline, and responsible risk management.
During both the Challenge and Live phases, the trader’s performance will be evaluated to ensure that it maintains a uniform progression. To comply with this rule, it is essential that no single trading day accounts for more than 30% of total accumulated profits.
In this way, Alpha Capita ensures a fair evaluation environment that recognizes traders for their consistency and ability to maintain solid results over time.
📑 FXIFY Rules
👤 Account Management
FXIFY maintains strict management and verification policies to ensure a secure, transparent trading environment that complies with international regulations.
🚫 Prohibition of multiple accounts or profiles: Trading with more than one account or profile in the name of the same trader is not permitted on the FXIFY platform.
✅ Identity verification KYC: All traders must complete the KYC verification process with both FXIFY and the payment provider Rise before their accounts are activated and enabled for trading.
🚫 Restriction on accounts of the same size: It is not permitted to trade simultaneously with two Challenge Accounts of the same size, as this constitutes a violation of the rules of participation.
💻 Computer Identification Policy CID: Account sharing or accessing the same account from different computers and users may result in automatic warnings or penalties for unauthorized management. These measures are intended to prevent manipulation of results or violation of KYC policies.
📊 Example of Accounts and Withdrawals
🔹 Performance of 1-Step Accounts
Starting balance: $100,000
Daily drawdown: 5% → $95,000
Max Trailing Drawdown: 6% → $94,000
📌 Scenario:
The trader makes a profit of $6,000, bringing the balance to $106,000. They then request to withdraw that profit.
When the withdrawal is processed, the drawdown resets to the initial balance ($100,000), so the maximum loss limit returns to $94,000.
However, by withdrawing the profits, the account loses the safety margin it previously had.
➡️ Result: The withdrawal is paid correctly, but the account is invalidated, as the reset of the drawdown causes an automatic breach of the rules.
🔹 2-Step Account Performance
Starting balance: $100,000
Daily drawdown: 4% → $96,000
Max Drawdown: 10% → $90,000
📌 Scenario:
The trader earns $10,000, reaching a balance of $110,000, and requests to withdraw that amount.
When the withdrawal is processed, the drawdown is reset to the initial balance ($100,000), which automatically reduces the maximum loss limit to that same level.
➡️ Result: The withdrawal is processed successfully ✅, but the account is invalidated ❌, as the drawdown reset leaves a gap that violates the operating rules.
🔄 Copy Trading
✅ Permitted: Copy Trading is permitted between FXIFY accounts, as well as from FXIFY accounts to other external accounts.
📑 Requirement: To copy trades from other accounts to FXIFY, the trader must submit a trading statement supporting the trading history.
🚫 Restriction: Copy Trading is not permitted on Instant Funding or Lightning accounts, as these operate under specific consistency and risk rules.
🤖 Expert Advisors EAs
✅ Expert Advisors (EAs) are permitted on 1-Step, 2-Step, and 3-Step accounts, offering traders the freedom to automate their strategies professionally.
🚫 However, they are not enabled on the Dxtrade platform, as it does not support the use of automated systems or execution via EAs.
🚫 Copy Trading is not allowed on Instant Funding or Lightning accounts, as these plans operate under stricter management and individual consistency parameters.
📰 Trading on News
✅ Trading during news events is permitted on 1, 2, and 3-phase accounts, both in the Challenge and Live stages, providing total operational freedom for those seeking to take advantage of market volatility.
🚫 However, in Instant accounts, trading is not allowed during the 5 minutes before or after high-impact news as a risk control measure.
📅 Minimum Trading Days Rule
To maintain performance validity, FXIFY sets a minimum number of trading days depending on the account type:
- 1-Step, 2-Step, and 3-Step Accounts: 5 minimum trading days.
- Lightning Challenge: 3 minimum days.
- Instant Accounts: No minimum days required, providing total flexibility to the trader.
⏳ Inactivity Rules
Accounts that remain inactive for 60 consecutive days will be considered inactive and will therefore be automatically closed. This measure ensures that resources remain allocated only to active traders who are committed to their performance.
💸 FXIFY Payment Policy
📊 Profit Sharing
Profit sharing at FXIFY is 80% for all accounts, allowing traders to enjoy a fair and competitive share of the profits generated by their trades.
🔓 In addition, there is the option to increase the share to 90% by purchasing an additional add-on during the checkout process. This upgrade is designed for traders looking to maximize their returns and get the most out of their performance.
⏱️ Payment Frequency
1-Phase, 2-Phase, and 3-Phase Accounts:
- First withdrawal: available on demand, once the minimum consistency and profit validation requirements have been met.
- Subsequent withdrawals: can be made every 30 days.
- Minimum withdrawal amount: not applicable, providing total flexibility to the trader.
Instant Accounts:
- Withdrawals can be requested every 14 days, ensuring more frequent liquidity.
- The minimum withdrawal amount is $50 USD.
🌍 Restricted Countries
- 🇷🇺 Russia
- 🇮🇷 Iran
- 🇰🇵 North Korea
- 🇨🇺 Cuba
- 🇻🇪 Venezuela
- 🇸🇾 Syria
- 🇮🇶 Iraq
- 🇱🇾 Libya
- 🇦🇫 Afghanistan
- 🇲🇲 Myanmar
- 🇵🇸 Palestine
- 🇸🇩 Sudan
- 🇸🇸 South Sudan
- 🇸🇴 Somalia
- 🇾🇪 Yemen
- 🇨🇫 Central African Republic
- 🇨🇬 Republic of the Congo
- 🇨🇩 Democratic Republic of the Congo
- 🇭🇹 Haiti
- 🇰🇪 Kenya
- 🇩🇿 Algeria
- 🇬🇭 Ghana
- 🇨🇮 Ivory Coast
- 🇬🇳 Guinea
- 🇬🇼 Guinea-Bissau
- 🇱🇷 Liberia
- 🇧🇮 Burundi
- 🇪🇷 Eritrea
- 🇳🇮 Nicaragua
- 🇿🇼 Zimbabwe
- 🇻🇳 Vietnam
- 🇵🇬 Papua New Guinea
- 🇻🇺 Vanuatu