FXIFY
Broker-backed prop firm offering 1-step, 2-step, and 3-step evaluations with 300+ instruments, EA support, and payouts within 3 business days.
Quick Facts
- Starting Price
- $59/mo
- Free Tier
- No
- Founded
- 2023
- Company
- FXIFY Solutions Limited
FXIFY Overview
FXIFY is a proprietary trading firm founded in April 2023 and headquartered in London, United Kingdom by co-founders David Bhidey and Peter Brown. Unlike many simulated prop firms, FXIFY operates through a broker-backed model via its partner FXPIG, meaning trader evaluation accounts run through actual brokerage infrastructure on MetaTrader 4, MetaTrader 5, and DXTrade. Since its launch, FXIFY has paid out over $30 million to funded traders worldwide, attracting more than 500,000 monthly visitors and ranking among the top 15 most-searched prop firms globally.
FXIFY offers four evaluation pathways to suit different trading styles and risk tolerance. The 3-Step Challenge starts at $59 for a $5,000 account and is the most affordable entry point. The 1-Step and 2-Step Challenges begin at $75 and $99 respectively, offering faster paths to a funded account. For traders who want immediate access, the Instant Funding option bypasses evaluation entirely at a premium fee — for example, $899 for a $25,000 account. Account sizes range from $5,000 to $400,000, with a scaling plan that can grow simulated capital up to $4,000,000. FXIFY also operates a separate Futures trading platform at fxifyfutures.com, launched after a successful open beta with over 100,000 traders.
One of FXIFY's key differentiators is its openness to diverse trading strategies. Algorithmic trading, Expert Advisors, martingale, grid trading, and news trading are all fully permitted — a significant advantage for systematic traders. The base profit split is 80%, upgradeable to 90% through an optional add-on or through scaling milestones. Payouts are processed within 3 business days via RISE or bank wire, with a $50 minimum withdrawal. Optional add-ons let traders customize their plan further, including leverage increases to 1:50 (+25% fee), bi-weekly payouts (+5% fee), and performance protection (+15% fee).
The platform covers 300+ tradable instruments across forex pairs, stock CFDs, indices, precious metals, and over 80 cryptocurrency CFDs, making FXIFY one of the more crypto-friendly prop firms in the industry. While FXIFY does not offer a dedicated mobile app, traders can use the MT4 and MT5 mobile applications on iOS and Android, or access DXTrade via its web interface for mobile trading.
FXIFY Pricing
3-Step Challenge
- ✓ $5K–$200K account sizes
- ✓ Lowest evaluation fee starting at $59
- ✓ Three evaluation phases
- ✓ 80% profit split
- ✓ Scaling up to $4M capital
1-Step Challenge
- ✓ $5K–$400K account sizes
- ✓ Single evaluation phase
- ✓ No time limit on challenge
- ✓ 80% profit split
- ✓ All strategies permitted
2-Step Challenge
- ✓ $10K–$400K account sizes
- ✓ Two evaluation phases
- ✓ 80% profit split
- ✓ Scaling up to $4M capital
- ✓ EA and algo trading allowed
Instant Funding
- ✓ No evaluation required
- ✓ Immediate funded account access
- ✓ $25K+ account sizes
- ✓ 80% profit split
- ✓ Fastest path to live trading
Features
Pros & Cons
Pros
- + Broker-backed model via FXPIG provides real brokerage infrastructure, not purely simulated
- + Supports all major trading strategies including EAs, martingale, grid, and news trading
- + Competitive evaluation fees starting at $59 with four distinct challenge formats
- + 80+ cryptocurrency CFDs with dedicated crypto trading plans
- + Scaling up to $4M in simulated capital with 3-business-day payouts
Cons
- - Founded in 2023 — limited long-term track record compared to established firms
- - No dedicated mobile app; relies entirely on MT4/MT5 or DXTrade mobile
- - Optional add-ons (90% split, bi-weekly payouts, leverage boost) can significantly increase total cost
- - Instant Funding fees are substantially higher than challenge-based alternatives
Rating Breakdown
Overall Rating
Key Takeaways
- ✓ Broker-backed model via FXPIG provides real brokerage infrastructure, not purely simulated
- ✓ Supports all major trading strategies including EAs, martingale, grid, and news trading
- ✓ Competitive evaluation fees starting at $59 with four distinct challenge formats
- ✓ 80+ cryptocurrency CFDs with dedicated crypto trading plans
- ✓ Scaling up to $4M in simulated capital with 3-business-day payouts
- ★ Rated 4.1/5 — best for algorithmic and EA traders, crypto CFD traders, multi-strategy prop traders, traders seeking broker-backed evaluation
- $ Starts at $59/month
TL;DR
FXIFY is a prop trading firms tool rated 4.1/5, best suited for algorithmic and EA traders and crypto CFD traders and multi-strategy prop traders and traders seeking broker-backed evaluation. Plans start at $59/month. Broker-backed model via FXPIG provides real brokerage infrastructure, not purely simulated and supports all major trading strategies including eas, martingale, grid, and news trading.
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