FXIFY Review

FXIFY is a UK-registered prop firm that grew out of the broker FXPIG, and it sells a long menu of account types: one-, two- and three-phase evaluations, a 5-day Lightning challenge, and instant-funded accounts. You trade forex, metals, indices, energies and stock CFDs on MT5, DXtrade or TradingView (MT4 on some plans), with standard leverage of 1:30 that you can raise to 1:50 at checkout.

The headline numbers look strong. A $5,000 Three Phase costs $39, most evaluations refund the fee with your first payout, and on several plans you can request that first payout as soon as your funded account is in profit. The catch is choice overload. Each plan, and each variant inside the Two Phase plan, has its own drawdown type, split, payout timing, refund rule and news rule, and FXIFY's own pages don't always agree on which is which. This review lays out every plan with dollar examples so you know exactly which rule set you're buying.

The short version

• Best for: forex traders who want a cheap evaluation with a fee refund, flexible payouts and a broker-backed firm, and who will read the rules for their exact plan.
• Not for: traders who want one simple rulebook, US residents who need MetaTrader, and anyone who doesn't want to use Rise to receive payouts.
• Biggest strength: price and payout speed. A $100,000 Three Phase costs $399 (about $3.99 per $1K), and several evaluations allow an on-demand first payout plus a 100% fee refund.
• Biggest risk: drawdown that trails your balance on the One Phase, Two Phase Standard, Lightning and Instant plans, and a maximum loss that locks at your starting balance after any payout.
• Our score: 3.6 out of 5. Strong on value and payouts, held back by a short public track record and rules that change from plan to plan.

Who runs FXIFY

The website footer names FXIFY Solutions Limited, a company registered in the United Kingdom (company number 14451720) with a registered office at 142 Central Street, Clerkenwell, London. The footer says it operates "as a payment agent" and is part of the FXPIG group of companies. FXIFY's terms and conditions, dated 6 November 2024, name the same company and number but an older address (Unit 1, 74 Back Church Lane, London). They say the law of England and Wales governs the agreement, with disputes heard in London.

FXIFY doesn't publish a founding year on its site. A company piece on Finance Magnates marked its first anniversary on 1 May 2024, and its Trustpilot profile was claimed in April 2023, which suggests it has been selling challenges since spring 2023. FXIFY lists FXPIG and Alchemy Markets as partner brokers, the second for TradingView access.

The terms describe the service as simulated trading, with fictitious initial capital. One FAQ answer says you get a "live account" after passing. Treat the terms as the binding version: your payouts are real money from FXIFY, and the trading is done on accounts the firm controls.

The rulebook lives in a FAQ section with more than 300 articles, plus the program pages and the terms. Most contradictions below come from older FAQ articles written before newer plan variants launched.

Programs and prices

Prices below are list prices from the pricing selector on FXIFY's program pages, checked on 28 October 2026, before any code. Checkout add-ons (higher leverage, 90% split, bi-weekly payouts, Performance Protect and others) cost extra and change the final price.

One Phase

A single evaluation with a trailing maximum loss. Summary on our One Phase page.

• Make 10% without losing 3% in a day or 6% in total.
• The funded account keeps the 3% daily and 6% trailing limits, with an 80% split (90% with an add-on).
• At least 5 trading days, no time limit, 100% fee refund with your first payout.

Worked example, $100,000 One Phase. You start with a floor of $94,000. The floor follows your highest closed balance, so if you bank profits up to $104,000, it rises to $98,000. Once your closed balance reaches $106,000 (6% profit), the floor locks at $100,000 for good. Your daily limit is 3% of the previous day's closing balance, so $3,000 on day one. You pass at $110,000.

Two Phase (Classic, Standard and Pro)

The Two Phase page sells three different products under one name. Classic and Standard share a price list; Pro has its own. Our Two Phase Classic page covers the Classic version.

• Classic (static): 5% target in phase 1, then 10% in phase 2. 4% daily limit and 10% static maximum loss. At least 4 trading days per phase. On the funded account you choose an 80% split with payouts every 14 days or a 100% split paid monthly. A 25% consistency rule applies once funded. No fee refund.
• Standard (trailing): 10% target, then 5%. 4% daily limit and a 10% trailing maximum loss. At least 5 trading days per phase. 80% split (90% with an add-on), on-demand first payout, 100% fee refund.
• Pro: 4% target, then 8%. 4% daily limit and 8% static maximum loss. Each phase needs 3 days that each close at least 0.5% up. 80% split, payouts every 10 days, a $4,000 daily profit cap, no refund and no add-ons.

On Pro, the first two payouts are capped at 5% of the starting balance ($8,000 on the $200,000 and $250,000 accounts), and FXIFY removes profit above the cap.

Worked example, $50,000 Two Phase Classic. Your floor is $45,000 from day one and it never moves. You pass phase 1 at $52,500 and phase 2 at $55,000, with a daily limit of $2,000 on a day that starts at $50,000. Once funded, the 25% consistency rule kicks in: if your best day makes $1,500, your total profit has to reach $6,000 ($1,500 ÷ 25%) before you can withdraw.

The How It Works page and an older rules FAQ still describe only the Standard version (10% then 5%, trailing). If you want Classic, check the variant at checkout.

Three Phase

Three small targets, and the cheapest entry. See our Three Phase page.

• Make 5% in each of three phases, without losing 5% in a day or 5% in total.
• The 5% maximum loss is static, from the starting balance.
• At least 5 trading days per phase (15 in total), no time limit, 100% fee refund.

Worked example, $100,000 Three Phase. You need $105,000 three times over, and your hard floor is $95,000 throughout. The daily limit is also 5%, so a single losing day of $5,000 from a $100,000 start can end the account. The cheap fee buys you a narrow total cushion, and you'll need at least 15 trading days to get funded.

Lightning Challenge

A one-step sprint. See our Lightning page.

• Make 5% within 5 trading days (7 calendar days from your first trade), without losing 3% in a day or 4% trailing in total.
• A 30% consistency rule applies in the challenge and when funded.
• A stop-loss is required on every trade: the first two trades without one are closed automatically, the third is a hard breach. A No Stop-Loss add-on costs 5% extra.
• At least 3 trading days. MT5 only, no EAs, no copy trading, 80% split (90% for 20% extra), 100% fee refund.

Worked example, $50,000 Lightning. Your floor starts at $48,000 and trails your closed balance until you're up $2,000, then locks at $50,000. You need $52,500 inside a week. With the 30% rule, no single day can be more than 30% of total profit, so if you finish at exactly $2,500 profit, your best day can't exceed $750. That means at least four solid days, inside a 5-trading-day window.

When Lightning launched in March 2025, FXIFY's newsroom described a 7-day window. The current selector shows 5 trading days, and the FAQ reconciles the two as 7 calendar days.

Instant Funding

No evaluation. Our Instant Funding page has the summary.

• No profit target. 8% daily limit (from the previous day's balance) and 8% trailing maximum loss that locks at the starting balance once you're up 8% or after your first payout.
• First payout 14 days after your first trade, then every 14 days. 80% split, 90% with an add-on.
• No EAs, no copy trading, no weekend holding (positions close at 3:45pm New York time on Friday), a 5-minute news blackout, no fee refund, no scaling. Only one Standard instant account can be traded at a time.

Worked example, $10,000 Instant. Your floor starts at $9,200. Bank $500 and it rises to $9,700; reach $10,800 and it locks at $10,000. Make $1,200 and wait 14 days, and an 80% split pays $960. Withdraw all of it and your balance sits exactly on the locked $10,000 floor, so your next trade breaches the account. Leave a buffer.

FXIFY also sells Instant Funding Lite, launched in February 2026: $19 for $2,500 up to $289 for $50,000 on the current selector, with a 3% daily limit, a 4% trailing maximum, a 20% consistency rule, 5 trading days and payouts every 10 days.

Which FXIFY plan should you pick?

If you want the most room and a fee refund, pick the Two Phase Standard. A 10% maximum loss with 4% daily is generous, and the fee comes back with your first payout. The trade-off is trailing drawdown until you're in profit, and 10 trading days minimum.

Pick the Two Phase Classic if you prefer a floor that never moves and want the option of a 100% monthly split. You give up the refund and accept the 25% consistency rule on the funded account.

The One Phase suits disciplined traders who want speed. A 6% trailing maximum against a 10% target is tight, so size small.

The Three Phase is the cheapest per dollar of funding, but 5% total room on every phase leaves little margin, and three phases take at least 15 trading days.

Lightning is for confident short-term traders who already use stops on every trade. Instant Funding is the poorest value: the $50,000 account costs $1,749, about seven times the $249 Three Phase at the same size, and it comes with the strictest trading rules.

On cost per $1,000 of funding, the cheapest is the $100,000 Three Phase at $3.99 per $1K (the $200,000 and $400,000 sizes work out almost the same). The best value for most traders is the $100,000 Two Phase Standard at $5.49 per $1K, refundable, with 10% of total room.

Trading rules in practice

Drawdown and the daily reset

Daily limits on every plan are measured from your closing balance at 5pm New York time the previous day. Open profits at the close don't raise the limit, and floating losses count against it during the day.

Maximum loss comes in three flavors, depending on plan:

The "locks after a payout" rule matters. On the trailing plans, after any withdrawal your floor becomes your starting balance. If you withdraw everything, you have no buffer at all.

Leverage and fees

Standard leverage on the evaluation plans is 1:30 on forex and gold, 1:10 on indices and other commodities, 1:5 on oil and 1:2 on stocks. A checkout add-on raises forex, gold and silver to 1:50 on the One, Two Standard and Three Phase plans. Classic, Pro and Lightning are fixed at 1:30. Instant accounts get 1:50 on forex, 1:20 on commodities and 1:15 on indices. Fifteen exotic pairs, including USDTRY and USDZAR, are capped at 1:6 (1:10 on Instant).

You choose between two price feeds at checkout:

• All-In: no commission on forex, metals and indices, wider spreads. Stock CFDs cost 0.35% round trip.
• RAW: tighter spreads plus $6 per lot round trip on forex, metals and indices. Instant and Lightning accounts run on RAW.

Fee example. On RAW, a 3-lot EUR/USD trade costs $18 in commission. Ten of those a day is $180, which is 4.5% of the $4,000 daily limit on a $100,000 Two Phase. Swaps apply; FXIFY doesn't offer swap-free accounts.

Crypto moved to separate crypto-only plans on 1 December 2025, so the forex plans above no longer include crypto.

News, weekends and overnight

Even where news is allowed, "high leverage news trading" is on FXIFY's prohibited list, and the FAQ warns that traders taking big risks on news can be banned.

EAs, copy trading and hedging

• EAs are allowed on the One, Two and Three Phase plans, but only after support approves them in advance. Running one without approval can cost you the account. EAs are banned on Instant, Lite and Lightning, and using the same commercial EA as other traders can count as prohibited herd trading.
• Copy trading is allowed between your own FXIFY accounts and out to other accounts. Copying in from an external account needs a 30-day statement in your name. It's banned on Instant, Lite, Lightning and Pro (unless Pro is the master account).
• Hedging: reverse and group hedging across accounts is prohibited. We didn't find a rule on hedging inside a single account.
• Also banned: HFT, latency and statistical arbitrage, account management services, order book spamming and exploiting platform errors.

Consistency and position limits

Three plans have a consistency rule: Two Phase Classic (25%, funded stage only), Lightning (30%, both stages) and Instant Lite (20%). The others don't. FXIFY lets you hold one active account of each size on the evaluation plans, and one Standard instant account at a time.

Inactivity

Place at least one trade every 60 days. The FAQ says 60 days, and the terms say two months.

How payouts work

Payout timing depends on the plan:

FXIFY's pages don't agree on the details. Here's what each one says:

Worked example. You're funded on a $100,000 Two Phase Standard and close a $3,000 winner on day one. Once you've met the minimum days, you can request a payout. Withdraw the full $3,000 and you get 80%, or $2,400, plus your $549 fee, but your balance drops back to $100,000, right on the floor that has just locked there, and the next trade breaches you. Withdraw $2,000 instead: you receive $1,600 plus the fee, and keep $1,000 as a buffer.

Method. Every payout goes through Rise. You must register with Rise using the same email as your FXIFY account and pass Rise's own KYC, and Rise may charge a withdrawal fee. Traders in Ukraine and a few US territories Rise doesn't serve can ask for crypto (USDC or USDT) instead. The minimum withdrawal is $50.

Processing. FXIFY reviews withdrawals Monday to Friday, 9am to 9pm GMT, and says they're usually processed within 3 business days. Your account is read-only until the payout is approved.

KYC. You verify with SumSub after you pass (or once your instant account is live), before your first payout, and sign a trader contract. FXIFY says funded accounts are issued within 24 to 48 business hours after that.

Scaling. On the One, Two and Three Phase plans, make 10% over three months with at least two profitable months, and the account grows 25%. After that it doubles every three months on the same criteria, up to four times. FXIFY's example takes a $400,000 account to $4 million in 12 months. Instant, Lite, Lightning and Pro don't scale.

Performance Protect. For 15% of the fee, this add-on lets you withdraw your remaining profit (at your split) even after a funded account breaches, on the One, Two and Three Phase plans.

Who can sign up

FXIFY doesn't serve residents of Afghanistan, Algeria, Belarus, Burundi, the Central African Republic, Crimea, Cuba, the Democratic Republic of the Congo, the Republic of the Congo, Eritrea, Ghana, Guinea, Guinea-Bissau, Iran, Iraq, Ivory Coast, Kenya, Liberia, Libya, Myanmar, Nicaragua, North Korea, Palestine, Papua New Guinea, Russia, Somalia, South Sudan, Sudan, Syria, Vanuatu, Venezuela, Vietnam, Yemen and Zimbabwe. The countries FAQ also adds Haiti. You must be 18 or over, with no criminal record for financial crime, and only one profile per person; corporate accounts aren't accepted.

US traders: the documents conflict. The website footer lists the United States as a restricted jurisdiction, but the countries FAQ doesn't, and other FAQs describe US-based clients trading on DXtrade and TradingView and getting paid through Rise. In August 2024, Finance Magnates reported that MetaQuotes had directed FXIFY to stop offering MetaTrader to US traders. If you're in the US, get written confirmation from support before you buy.

Reputation

On Trustpilot, FXIFY scores 4.3 out of 5 from 6,527 reviews, checked on 28 October 2026. Of those, 78% give five stars, 7% four stars, 2% three stars, under 1% two stars and 12% one star. FXIFY claimed its profile in April 2023, pays for a Trustpilot subscription, and had replied to 96% of negative reviews, typically within 24 hours. See the Trustpilot page.

Positive reviews mostly mention fast support on live chat and Discord, smooth TradingView use and on-time payouts. Negative reviews center on payouts cancelled after FXIFY flagged trades as latency arbitrage, with reviewers saying they saw no specific evidence, plus slow processing and wide spreads. That fits the rulebook: the prohibited list is broad and the risk review happens at payout time.

FXIFY says it has paid out more than $40 million, with a single highest payout of $117,000. Those are company figures. On 20 April 2026, Finance Magnates' data team reported that the crypto payouts it could trace on public blockchains for FXIFY fell from $3.48 million in Q1 2025 to $1.44 million in Q1 2026, down 58.6%. That covers only payouts the team could see on-chain, not all payouts.

Also note clause 7.1 of the terms: it asks you to raise complaints with FXIFY before posting them publicly, and reserves the right to take legal action over public complaints.

Mistakes to avoid at FXIFY

1. Buying the wrong Two Phase. Classic, Standard and Pro share a page and a price but differ on targets, drawdown, refund and split. Confirm the variant at checkout.
2. Withdrawing all your profit on a trailing plan. After a payout the floor locks at your starting balance. Take out everything and the next trade's spread breaches you.
3. Running an EA without approval. EAs need pre-approval from support, even on plans that allow them.
4. Holding an Instant position into Friday afternoon. Instant positions are closed at 3:45pm New York time, and any breach that causes is on you.
5. Ignoring commissions on RAW. At $6 per lot round trip, an active scalper can spend a meaningful share of the daily limit on fees.
6. Leaving the account idle. No trade for 60 days ends the account.

Before you buy: checklist

• Decide whether you want static (Classic, Pro, Three Phase) or trailing (One Phase, Standard, Lightning, Instant) drawdown.
• Check which plans refund the fee: One Phase, Two Phase Standard, Three Phase and Lightning do; Classic, Pro and Instant don't.
• Pick your price feed (All-In or RAW) and platform before your first trade; you can't switch after trading.
• Set up a Rise account under the same email you use for FXIFY.
• If you're in the US, get written confirmation from support that you can sign up.
• Use code SCOUT at checkout. See our FXIFY coupon page for how to apply it.

Our verdict

FXIFY is good value if you choose carefully. The Two Phase Standard and Three Phase plans are cheap, refund the fee, and allow a first payout as soon as your funded account is in profit, and the broker background shows in the platform and price-feed choices.

The cost is complexity. Seven product variants carry different drawdown, split, refund, news and payout rules, and several FAQ articles describe old versions. Recent Trustpilot complaints about latency arbitrage flags show the payout review is where problems happen. Pick one plan, read its FAQ pages in full, and keep your trading plainly manual and well inside the limits.