Full FXIFY Review
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.
