Welcome to our comprehensive FXIFY prop firm review. This is a review of FXIFY, where we will explore their evaluation programs, trading platforms and conditions, and provide an FXIFY promo code for you. Whether you’re a seasoned trader seeking fresh opportunities or a novice interested in the world of prop trading, our FXIFY review aims to give you all the necessary information to make an informed decision. Don’t forget to use the FXIFY discount code during purchase.
Established as a proprietary trading firm, it offers traders the opportunity to access up to $400,000 in proprietary funds after passing a series of trading evaluations. What sets them apart from the crowd is its unique partnership with FXPIG, a multi-asset retail brokerage established in 2010. This partnership allows them to offer trading on MT4 and MT5, some of the most popular trading platforms in the market.
But that’s not all. They also stand out for its flexible evaluation programs and generous profit-sharing schemes, allowing traders to earn up to 90% of the profits they generate. With features like instant payouts and an easy-to-use FXIFY trading dashboard, they aim to provide a superior trading experience for its clients.
Alright, let’s dive into some of the key features that make them a compelling choice for traders.
Unlike many prop firms that make you wait 2-4 weeks for your first payout, FXIFY allows you to cash out right after your first profitable trade on a funded account. So basically, your first FXIFY payout is on demand.
They have partnered with FXPIG, a well-established and regulated Forex and CFD brokerage. This partnership means you get true market access, superior trade execution, and professional customer support.
They offer a comprehensive trading dashboard that’s chock-full of real-time metrics and analytics. Whether you’re looking at max daily drawdowns or reviewing your best and worst trades, Their dashboard is a treasure trove of insights.
FXIFY offers plenty of tradable instruments. With over 300 tradable assets, including forex, stocks, precious metals, and even Cryptocurrency CFDs, you’ll never run out of trading opportunities.
In collaboration with FXPIG, FXIFY provides free access to Trading Central’s suite of tools and resources. From Economic Calendars to Technical Insights, these resources can be a game-changer for your trading strategies.
Last but certainly not least, they offer a generous profit-sharing model. The FXIFY profit split is up to 90% after the evaluation, with a starting profit split of 75%. And the ability to scale your account up to $4 million.
Before you can start raking in those profits, you’ll need to pass one of FXIFY evaluation programs. Let’s break down what each program entails.
FXIFY is always evolving, and in 2024, they’ve introduced an exciting new option for traders: the FXIFY Three Phase Challenge Program. This program extends the already popular Two Phase Program.
The FXIFY Three Phase Program is perfect for traders seeking a comprehensive yet pressure-free evaluation experience at a lower cost. With consistent targets and no time limits, it’s a flexible and trader-friendly option in their suite of programs.
The main difference between the two programs is the time and flexibility. The FXIFY One Phase is quicker but offers less flexibility in terms of drawdowns. Two-Phase takes longer but gives you more leeway in how you meet your profit targets.
One-Phase comes with a trailing drawdown, while Two-Phase offers a static maximum drawdown. This could be a deciding factor depending on your trading style.
Let’s get into the nitty-gritty of what you can expect when trading with FXIFY.
FXIFY offers a wide array of trading options, from Forex and Stock Indices to Precious Metals like Gold and Silver. They even throw Cryptocurrency CFDs into the mix. With over 300 tradable assets, you’re not going to run out of opportunities any time soon.
The platform offers customizable leverage, giving you the flexibility to trade in a way that aligns with your risk tolerance and strategy.
One of the standout features of FXIFY is its commission-free trading. Plus, they offer tight spreads, which can make a significant difference in your trading profitability over time.
Now, let’s talk about where all this trading magic happens.
FXIFY is compatible with both MT4 and MT5, the most popular trading platforms in the market. This is a big plus, especially if you’re already familiar with these platforms.
The trading dashboard on FXIFY is robust, to say the least. It offers real-time metrics and analytics, giving you a comprehensive view of your trading performance. From max daily and total drawdowns to your best and worst trades, it’s all there.
The dashboard offers a wealth of insights at your fingertips. Whether you’re a numbers geek or just someone who likes to stay informed, the real-time metrics and analytics are invaluable for making data-driven decisions.
In any review, it’s crucial to weigh the good with the not-so-good. Let’s break down the advantages and disadvantages of trading with FXIFY.
The fees for the evaluation accounts range from $175 to $1,999, depending on the level of capital access you’re looking for.
The larger the account size you aim for, the higher the evaluation fee. This structure aims to attract more experienced traders for higher FXIFY funding levels.
One of the perks is the 125% refund of your evaluation fee upon requesting your first payout. It’s like getting a bonus for proving your trading skills.
When it comes to trading, especially with proprietary firms, the question of legitimacy is always at the forefront. Let’s delve into some key aspects that can help us gauge FXIFY’s credibility.
While this review aims to be comprehensive, it’s also beneficial to consider the experiences of other traders. User reviews generally indicate satisfaction, particularly with the trading conditions and instant payouts. The current FXIFY Trustpilot score is 4.0 with 113 reviews.
FXIFY trading rules are clear, including the assessment criteria, profit targets, and profit-sharing percentages. This level of transparency is a strong indicator that the firm is legitimate.
In the age of social trading and community-driven insights, FXIFY is not lagging behind. They offer a Discord channel where traders can interact, share strategies, and get real-time updates directly from the the team. You can check out their official Discord here.
They stand out in the crowded prop trading space through its exclusive partnership with FXPIG, a reputable FX and CFD brokerage established in 2010.
FXIFY isn’t resting on its laurels; it has some exciting features in the pipeline.
The firm plans to introduce FXIFY copy trading, allowing less experienced traders to learn from the pros.
Another feature to look forward to is the FXIFY prepaid card, which could make accessing profits even more convenient.
After a deep dive into FXIFY prop firm, it’s clear that they have a lot to offer for both novice and experienced traders. From instant payouts to a robust trading dashboard and a wide range of tradable assets, FXIFY seems to tick most of the boxes.
While the assessment fee might be a hurdle for some, the potential for high profit-sharing and the range of tradable assets make FXIFY worth considering.
FXIFY appears to be a legitimate and promising prop trading firm. With upcoming features like social copy trading and a prepaid card, the platform is poised for future growth. If you’re an experienced trader looking for a prop firm that offers more than just the basics, FXIFY could be a strong contender.
And there we have it—a comprehensive review of FXIFY prop firm. Whether you’re a seasoned prop trader or just starting out, it’s always crucial to do your own research and consider your options carefully. Don’t forget to use the FXIFY discount code before your purchase. Happy trading!
FXIFY is a proprietary trading firm that offers traders up to $400,000 in proprietary funds after they pass a series of trading assessments.
FXIFY offers a profit-sharing model where traders can earn up to 90% of the profits they generate.
FXIFY supports MT4 and MT5, two of the most popular trading platforms in the market.
Yes, FXIFY often releases coupon codes for evaluation fee discounts. We regularly check to make sure our FXIFY coupon code is active. Keep an eye on our page for the latest FXIFY affiliate code.
To get started, go to the FXIFY login page and purchase an account. Then you’ll need to pass either a One-Phase or Two-Phase assessment program. Upon passing the FXIFY challenge account, you will become eligible for a funded account, allowing you to engage in FXIFY scaling plan, potentially up to $4 million.
FXIFY is a legitimate proprietary trading firm backed by FXPIG, a multi-asset retail brokerage established in 2010.
FXIFY offers two types of assessment programs: One-Phase and Two-Phase. Each has its own set of requirements, profit targets, and time limits.
FXIFY offers a wide range of tradable assets including Forex, Stock Indices, Precious Metals like Gold and Silver, and more.
You can contact FXIFY’s customer service via email or live chat. Their customer service hours are from 4 a.m. to 1 p.m. EST.
FXIFY plans to introduce social copy trading and a prepaid card for easier fund management.
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