FXIFY is a broker-backed prop firm launched in 2023 with accounts from $5,000 to $400,000, five programme types including instant funding, and support for MT4, MT5, DXtrade, and TradingView. Over 5,400 Trustpilot reviews at 4.4/5 and $35M+ in verified payouts. Use code FT30 for 30% off any evaluation.
Rating Breakdown
Pros
- MT4, MT5, DXtrade, and TradingView all supported
- Five programme types including instant funding
- On-demand first payout after first funded trade
- 300+ CFD instruments including forex, indices, commodities, crypto
- Scaling path up to $4M allocation
- Broker-backed via Alchemy Markets and FXPIG
- EAs and grid trading allowed on main CFD plans
- News trading allowed on 1-step, 2-step, and 3-step programmes
- $35M+ in verified trader payouts
- Won Best 2-Step Challenge Prop Firm 2026
Cons
- 30% consistency rule on most programmes
- Cross-account copy trading not permitted
- Lightning programme has only 7 days to pass
- Instant Funding Lite has tight 4% trailing drawdown
- Add-ons (higher split, bi-weekly payouts) cost extra
- Crypto news trading restricted (5-min window rule)
- No financial regulation
- Monthly payout default on most plans without bi-weekly add-on
Account Plans and Pricing
Two Phase Challenge Rules
| Evaluation type | Two-step (Phase 1 + Phase 2) |
| Phase 1 profit target | 8% (Standard) / 10% (Classic) / 4% (Pro) |
| Phase 2 profit target | 5% (Standard and Classic) / 8% (Pro) |
| Time limit | None |
| Min. trading days | 4 days per phase |
| Max drawdown | 10% static (Standard and Classic) / trailing on Pro |
| Daily loss limit | 5% (Standard) / 4% (Classic) |
| Consistency rule | 30% — no single day can exceed 30% of total profit |
| Fee refund | Returned with first payout |
One Phase Challenge Rules
| Evaluation type | One-step |
| Profit target | 10% |
| Time limit | None |
| Min. trading days | None required |
| Max trailing drawdown | 6% from highest balance |
| Daily loss limit | 3% |
| Consistency rule | 30% |
| Fee refund | Returned with first payout |
Payouts
| First payout | On demand after first successful funded trade |
| Default cycle | Monthly (bi-weekly available as paid add-on) |
| Profit split | Up to 90% standard; up to 100% on Two Phase Classic |
| 90% split add-on | +20% of evaluation fee |
| Bi-weekly add-on | +5% of evaluation fee |
| KYC required | Yes, before first payout |
| Verified total paid | $35M+ to traders |
Trading Conditions
| Platforms | MT4, MT5, DXtrade, TradingView |
| CFD instruments | 300+ including forex, indices, commodities, crypto, stocks |
| Crypto assets | 80+ on crypto-specific programmes |
| Max leverage (forex) | Up to 1:30 standard; up to 1:50 with leverage add-on |
| News trading | Allowed on CFD programmes; restricted on crypto (5-min window) |
| Overnight / weekend holding | Allowed |
| Expert Advisors | Allowed on main CFD plans |
| Grid trading | Allowed |
| Self-copy trading | Allowed |
| Cross-account copy trading | Not permitted |
| Scaling path | Up to $4M allocation (10% gain in first 3 months, 2 profitable months) |
Our Verdict
FXIFY stands out in a crowded prop firm market primarily because of its platform flexibility. MT4, MT5, DXtrade, and TradingView under one roof means most traders can plug in their existing setup without rebuilding from scratch. That alone puts it ahead of firms running proprietary-only platforms.
The programme range is genuinely useful rather than just marketing padding. The Three Phase option gives budget-conscious traders access to funding from $39 with lower per-phase profit targets of 5%. The Two Phase Standard suits traders who want wider drawdown room. The One Phase works for traders who want simplicity. The Lightning pass suits those who can hit 10% in a week. The Instant Funding removes the evaluation entirely for traders who want to skip the process. These are meaningfully different products, not the same challenge with a different label.
The 30% consistency rule is worth flagging. It means no single trading day can account for more than 30% of your total profit. If you have one exceptional day early in your evaluation, every subsequent session needs to catch up. Traders with volatile strategies or who rely on breakout sessions need to plan around this. Use our consistency calculator to check your numbers before requesting a payout.
Payouts are strong. The first payout is on demand after your first funded trade across most programmes, and $35M+ in verified payouts gives credibility to the model. The broker-backed structure via Alchemy Markets and FXPIG adds a layer of legitimacy that pure offshore operators cannot match.
The main negatives are the add-on pricing model and the monthly default payout cycle. Getting to 90% split or bi-weekly payouts costs extra on top of the evaluation fee. For traders on tight budgets, these costs add up. The Lightning programme’s 7-day window is also a pressure point that catches out traders who are not ready to trade aggressively from day one.
Overall, FXIFY is one of the better-structured prop firms available right now. The platform mix, programme variety, and track record of payouts make it a strong option for most traders, from discretionary forex traders to algo traders running EAs.
FXIFY Coupon Code and Discount
The current FXIFY coupon code is FT30, which gives 30% off any evaluation account. Enter it at checkout on the FXIFY website. It applies to all account sizes and programme types except Instant Funding Lite.
At 30% off: a $100,000 One Phase evaluation drops from approximately $479 to around $335. A $200,000 Two Phase evaluation drops proportionally. The evaluation fee is refunded with your first payout regardless of whether you used a discount code.
| Code | FT30 |
| Discount | 30% off |
| Applies to | All evaluation account sizes (excl. Instant Funding Lite) |
| Last verified | June 2026 |
Frequently Asked Questions
Is FXIFY a legitimate prop firm?
FXIFY launched in May 2023 and has over 5,400 Trustpilot reviews at 4.4 out of 5. It is broker-backed through Alchemy Markets and FXPIG, has paid out $35M+ to traders, and won Best 2-Step Challenge Prop Firm 2026 at the FundedTrading Awards. It is not regulated by a financial authority, which is standard for most prop firms in this space.
What are the FXIFY challenge types?
FXIFY offers five CFD programme types: Three Phase (lowest cost, 5% targets per phase), Two Phase (8% Phase 1, 5% Phase 2), One Phase (10% single target), Lightning (10% in 7 days), and Instant Funding (no evaluation, trade from day one). Account sizes go from $5,000 up to $400,000.
What is the FXIFY consistency rule?
FXIFY applies a 30% consistency rule on most programmes. No single trading day can account for more than 30% of your total cumulative profit. This is stricter than some competitors. Use our consistency calculator to check whether your trading results are within the rule before requesting a payout.
What platforms does FXIFY support?
FXIFY supports MT4, MT5, DXtrade, and TradingView on its CFD programmes. This is one of the widest platform mixes in the prop firm space, covering both traditional MetaTrader users and traders who prefer browser-based or modern charting tools.
What is the FXIFY coupon code?
The FXIFY coupon code is FT30, which gives 30% off any evaluation account. Enter the code at checkout on the FXIFY website. It works on all main programme types including Three Phase, Two Phase, One Phase, and Lightning across all account sizes.
Ready to try FXIFY?
5 programme types. MT4, MT5, DXtrade, TradingView. On-demand first payout. Use code FT30 for 30% off.
Visit FXIFY →