Full FXIFY Review
Our complete independent review of FXIFY, covering all challenge types, rules, payout conditions, and our editorial verdict.
Introduction to FXIFY
FXIFY was founded in April 2023 by co-CEOs Peter Brown and David Bhidey. The firm operates under FXIFY Markets Ltd (licensed in Labuan, Malaysia, License No. MB/22/0097) with a UK entity (FXIFY Solutions Limited, Company No. 14451720) and four global offices. With 250,000+ active traders across 200 countries, $40M+ in verified payouts, and a Trustpilot score of 4.4/5 from 5,042 reviews, FXIFY has established itself firmly in the upper tier of the prop firm market in under two years.
The firm is broker-backed, meaning a regulated brokerage entity supports its operations - a meaningful credibility signal in an industry where many competitors are standalone, unregulated entities. A free trading course, monthly competitions with 12 winners receiving free accounts up to $400K, and an advanced proprietary dashboard round out a platform built for long-term trader retention.
Who Is FXIFY For?
FXIFY suits an unusually broad range of trading styles. Martingale and grid strategies are explicitly permitted - one of the very few prop firms to allow this. No stop loss is required. EAs are allowed. Weekend holding is permitted. The Lightning Challenge offers a $59 entry point with a simple 5% target, making it one of the most accessible paths to funding available. At the other end of the scale, the futures track offers up to $450,000 with a 100% profit split and funding within 3 days.
Customizable profit targets on the One, Two, and Three Phase programmes let traders dial in their preferred risk-reward structure at account creation.
Challenge Programs
- Lightning Challenge (1-Step, up to $100K): The entry-level path. From $59. Fixed 5% profit target. Up to 90% split. 100% fee refunded on first payout. Fast-track to funded capital for traders who want minimal evaluation friction.
- One Phase (1-Step, $5K-$400K): Single evaluation with customizable profit targets. Up to 90% split. 100% fee refund. On-demand payouts from first funded day. Fees from $250.
- Two Phase (2-Step, $5K-$400K): Two-phase evaluation with customizable targets. Up to 90% split. 100% fee refund. Suitable for traders who prefer a phased approach with lower per-phase pressure.
- Three Phase (3-Step, $5K-$400K): Three-phase evaluation with customizable targets. Up to 90% split. 100% fee refund. Lowest required target per phase of the evaluation tracks.
- Instant Funding (up to $50K): No evaluation required. No profit target. Access funded capital immediately. Up to 90% split. On-demand payouts.
- Futures Trading (up to $450K): Dedicated futures track. Funded within 3 days. Up to 100% profit split - the only FXIFY programme offering 100%. Customizable targets.
All evaluation programmes: 100% fee refund on first payout. On-demand payouts from first funded trading day. $50 minimum withdrawal - the lowest minimum in our database.
Trading Rules and Platforms
Three platforms: MetaTrader 4, MetaTrader 5, DXTrade. Over 300 symbols: forex, metals, indices, crypto, stocks. Two pricing models: RAW spreads from 0.0 pips, or All-in (commission-free, wider spread). Leverage: 30:1 FX/gold, 10:1 indices, 5:1 oil, 2:1 stocks - customizable up to 50:1.
Permitted strategies: EAs, martingale, grid, hedging, weekend holding. No stop loss required. Both static and trailing drawdown options are available at account creation - traders choose their preferred drawdown type.
Performance Protect is an optional add-on available at checkout - a risk protection feature that provides additional coverage on funded accounts. Details available on the live site.
Restricted countries include USA, Russia, Belarus, Vietnam, Iran, and a further 30+ jurisdictions. Full list on the FXIFY website.
Payouts
- Total paid: $40M+ | Highest single payout: $117,000
- First payout: On demand from first funded trading day
- Minimum withdrawal: $50 (lowest in our database)
- Fee refund: 100% on all evaluation programmes
- Split: Up to 90% (CFD) | Up to 100% (Futures)
- Scaling ceiling: $4,000,000
Monthly Competitions
FXIFY runs monthly trading competitions open to all account holders. Each month, 12 winners receive free funded accounts up to $400,000 in value - a genuine ongoing incentive that no other firm in our database matches at this scale.
Our Verdict
FXIFY earns an 8.5 BestProp score. The combination of $40M+ in payouts, 5,000+ Trustpilot reviews at 4.4/5, broker-backed operations, martingale/grid permissions, 100% fee refunds, a $50 minimum withdrawal, and monthly competitions delivering free $400K accounts makes this one of the most well-rounded platforms in the 2026 prop firm landscape. Six programme types including a futures track with 100% split, plus customizable drawdown types, cover most trader needs.
The USA restriction and the $50K ceiling on instant funding are the main limitations. For traders in eligible countries who want a credible, feature-rich platform with genuinely unusual strategy permissions, FXIFY is among the top choices available.
