Whether you’re a beginner or an experienced trader looking for a reliable prop firm with fast withdrawals and multiple plan options, FXIFY might be exactly what you’re looking for. In this comprehensive review article by Nerd Answers, we’ll cover everything about FXIFY, from how it works to the details of each plan offered, pros and cons, competitor comparison, and much more.
Quick Summary
- Company: FXIFY
- Segment: Forex and CFD Modelling
- Available Capital: Up to $400,000
- 100 % Initial Profit up to: $15,000 (after that, up to 90 %)
- Available Plans: One Phase, Two Phase, Three Phase, Instant Funding, Lightning
- Highlights: Instant payout on first trade, up to 90 % profit split, robust platforms (MT4, MT5, DXTrade), 24/7 support, no hidden fees
What is FXIFY?
FXIFY is an international prop firm that provides traders with access to capital through evaluation challenges. Headquartered in Labuan (Malaysia) and operating globally, the company looks for disciplined, consistent traders with solid risk management to operate funded accounts.
Key Features
- Instant First Payout: No minimum trading days or hidden targets.
- Up to 90 % Profit Split
- Flexible Evaluations: Choose between 1, 2, or 3 phases.
- Add-ons: For extra leverage and higher profit splits.
Overview of All Plans
FXIFY offers five main plans, each with unique features to suit different trader profiles. The One Phase plan is ideal for those seeking a more direct path, with just one stage and a 10 % profit target, while maintaining a maximum 6 % drawdown. The Two Phase splits the challenge into two stages, requiring 10 % profit in the first and 5 % in the second, with up to 10 % drawdown allowed.
For traders who prefer a more gradual evaluation with more accessible goals, the Three Phase is a great option, divided into three phases with a 5 % target in each and a static 5 % drawdown. The Instant Funding plan is for those who want to start trading real capital from day one without going through traditional evaluations, but it comes with specific rules such as no use of EAs or copy trading. Finally, the Lightning plan targets confident traders who can show consistent performance in just 7 days.
Below is a comparison table with the main details of each plan, including targets, drawdowns, evaluation type, and risk-reward ratio.
Plan Comparison Table
| Plan | Profit (%) | Drawdown (%) | Target (%) | Payout | Leverage | Profit/Drawdown Ratio |
|---|---|---|---|---|---|---|
| One Phase | Up to 90 % | 4 % Daily / 10 % Trailing | 10 % | Instant | Up to 1:50 | 9.00 |
| Two Phase | Up to 90 % | 4 % Daily / 10 % Trailing | 10 % + 5 % | Instant | Up to 1:50 | 6.00 |
| Three Phase | Up to 90 % | 5 % Static | 5 % × 3 | Instant + Bi-weekly | Up to 1:50 | 6.00 |
| Instant Funding | Up to 90 % | 4 % Daily / 10 % Trailing | 10 % | Bi-weekly | Up to 1:50 | 9.00 |
| Lightning | Up to 90 % | 5 % Daily / 5 % Total | 10 % (7 days) | Instant | Up to 1:50 | 9.00 |
Pros and Cons of the FXIFY
Pros:
- Instant payout on the first trade
- High flexibility with plans tailored to different trader profiles
- Fast support and clear documentation
- Variety of payment methods including crypto
- Customization options with add-ons like extra leverage and higher profit split
- Clear and accessible targets in different evaluation formats (1, 2, and 3 phases)
- Popular and reliable platforms like MT4, MT5, and DXTrade
- Evaluation fee refund policy on the first payout
Cons:
- Some rules may feel strict for beginners
- EA and copy trading prohibited in some plans
- Drawdown may be locked after withdrawals, reducing safety margin
- Plans like Lightning have strict consistency rules and short duration
- No multiple accounts per user, which can limit strategy diversity
- No demo account for practice before evaluation
Copy Trading
FXIFY does not allow copy trading in Instant Funding plans, not even between your own accounts or via third parties. However, for other plans (One Phase, Two Phase, and Three Phase), copy trading is allowed between FXIFY accounts or from FXIFY to external accounts, provided the trader proves the origin of trades with a statement from the copied account.
Hidden Rules
- Account Management: One profile per user; KYC required with both FXIFY and Rise.
- Cannot trade simultaneously in two challenges with the same account size.
- Device ID is monitored; account sharing may trigger violations.
- Copy Trading: Allowed between FXIFY accounts and from FXIFY to others (statement required); not allowed in Instant Funding.
- EAs: Allowed in 1-, 2-, and 3-phase plans (except DXTrade); prohibited in Instant Funding.
- Crypto Trading: Only on MT4/MT5; not allowed on weekends for Instant Funding.
- Withdrawals: Requesting a payout locks drawdown at starting balance, which can cause violations.
- Minimum Trading Days: 5 days in 1-, 2-, 3-phase plans; none in Instant Funding.
- Inactivity: Accounts inactive for more than 60 days are disabled.
Payment Methods
- Credit Cards
- Cryptocurrencies
- Transfers via services like Wise and Payoneer
Comparison with Other Prop Firms
| Prop Firm | Profit (%) | Max Capital | Evaluation | Payouts | Support |
|---|---|---|---|---|---|
| FXIFY | Up to 90 % | Up to $400,000 | One Phase, Two Phase, Three Phase, Instant Funding, Lightning | Instant / Bi-weekly | Chat, Email, Help Center |
| The5ers | Up to 100 % | Up to $4,000,000 | High Stakes, Hyper Growth, Bootcamp | Bi-weekly | Chat, Email, Help Center |
| Blueberry Funded | Up to 90 % | Up to $2,000,000 | 1 Step, 2 Step, Rapid, Stock | Bi-weekly | Chat, Email, Help Center |
Who Is It For?
FXIFY is ideal for experienced traders who value fast payouts and want a solid structure to scale their operations. Disciplined beginners can also benefit, provided they understand the rules and restrictions to avoid surprises. Traders with varied strategies can choose between Instant Funding or structured plans, depending on their style and risk appetite.
Final Verdict
After a deep and unbiased review of FXIFY’s features, we conclude that this prop firm offers a solid set of benefits, alongside points of caution. FXIFY stands out for its instant payouts, diverse programs, and well-documented rules, making it attractive for those who value speed and operational autonomy. Drawdown rules after withdrawals and certain strategy bans may limit some profiles, but overall, it positions itself as a reliable and transparent option in today’s market.
