If you have been searching for a reliable, well-structured proprietary trading firm that offers flexible evaluation paths and one of the most aggressive scaling plans in the industry, FXIFY deserves serious attention. In this comprehensive FXIFY review, we break down every aspect of the firm — from challenge types and trading rules to payouts, platforms, and how you can save 28% with the discount code PFK. By the end, you will know exactly whether FXIFY is the right prop firm for your trading career in 2026.
What Is FXIFY?
FXIFY is a UK-based proprietary trading firm that provides funded accounts to forex and CFD traders worldwide. Founded with the mission of making professional trading accessible, FXIFY has quickly risen to become one of the highest-rated prop firms in the industry. The firm offers simulated funded accounts ranging from $5,000 to $400,000, with a scaling plan that can push your capital all the way up to $4,000,000.
What sets FXIFY apart from most competitors is the sheer variety of evaluation pathways it offers. While many prop firms stick to a single two-step model, FXIFY gives traders six distinct programs — including one-phase, two-phase, three-phase, instant funding, lightning challenges, and even a crypto-specific program. This flexibility, combined with support for MetaTrader 4, MetaTrader 5, DXtrade, and TradingView, makes FXIFY one of the most versatile options available today.
The firm operates under a transparent framework, with clearly defined rules, competitive pricing, and a profit split that can reach up to 90%. With over 4,000 reviews on Trustpilot and a rating of 4.4 out of 5, FXIFY has earned the trust of a global trading community. For a detailed breakdown of everything the firm offers, visit the full FXIFY profile on PropFirmKey.
FXIFY Challenge Types
FXIFY provides multiple evaluation pathways designed to match different trading styles, experience levels, and risk appetites. Each challenge type comes with its own set of rules, pricing, and profit targets.
One-Phase Challenge
The One-Phase Challenge is FXIFY's fastest route to a funded account. Traders need to pass a single evaluation phase, making it ideal for experienced traders who want to get funded quickly.
| Account Size | Price | Profit Target | Daily Loss Limit | Max Drawdown |
|---|---|---|---|---|
| $10,000 | $99 | 10% | 3% | 6% (trailing) |
| $25,000 | $175 | 10% | 3% | 6% (trailing) |
| $50,000 | $325 | 10% | 3% | 6% (trailing) |
| $100,000 | $475 | 10% | 3% | 6% (trailing) |
| $200,000 | $999 | 10% | 3% | 6% (trailing) |
| $400,000 | $1,999 | 10% | 3% | 6% (trailing) |
The one-phase model uses a trailing drawdown, which means the maximum loss threshold moves up as your account equity increases. While stricter than a static drawdown, it rewards disciplined risk management.
Two-Phase Challenge
The Two-Phase Challenge follows the traditional two-step evaluation model used by most prop firms. It offers more relaxed drawdown parameters in exchange for requiring traders to pass two separate phases.
| Account Size | Price | Phase 1 Target | Phase 2 Target | Daily Loss Limit | Max Drawdown |
|---|---|---|---|---|---|
| $10,000 | $99 | 10% | 5% | 4% | 10% (static) |
| $25,000 | $175 | 10% | 5% | 4% | 10% (static) |
| $50,000 | $325 | 10% | 5% | 4% | 10% (static) |
| $100,000 | $475 | 10% | 5% | 4% | 10% (static) |
| $200,000 | $999 | 10% | 5% | 4% | 10% (static) |
| $400,000 | $1,999 | 10% | 5% | 4% | 10% (static) |
The 10% static maximum drawdown is more forgiving than the trailing drawdown in the one-phase model, giving swing traders and position traders more breathing room.
Three-Phase Challenge
The Three-Phase Challenge is FXIFY's most affordable entry point and is designed for traders who prefer a gradual, low-pressure evaluation.
| Account Size | Price | Phase 1 Target | Phase 2 Target | Phase 3 Target | Daily Loss Limit | Max Drawdown |
|---|---|---|---|---|---|---|
| $10,000 | $79 | 5% | 5% | 5% | 4% | 10% (static) |
| $25,000 | $149 | 5% | 5% | 5% | 4% | 10% (static) |
| $50,000 | $249 | 5% | 5% | 5% | 4% | 10% (static) |
| $100,000 | $399 | 5% | 5% | 5% | 4% | 10% (static) |
| $200,000 | $799 | 5% | 5% | 5% | 4% | 10% (static) |
| $400,000 | $1,599 | 5% | 5% | 5% | 4% | 10% (static) |
With lower per-phase profit targets of just 5%, the three-phase model significantly reduces the pressure on each individual stage. It is also the cheapest option across every account size.
Add-Ons
FXIFY offers several optional add-ons that allow traders to customize their challenge experience:
- 90/10 Profit Split — Upgrade from the default 75/25 split to keep 90% of your profits.
- No Minimum Trading Days — Remove the minimum day requirement and request a payout as soon as you hit your target.
- Bi-Weekly Payouts — Access your profits every two weeks instead of the standard schedule.
- Increased Leverage — Boost your leverage beyond the default for more aggressive position sizing.
These add-ons come with additional fees, but they can be well worth the investment for traders who want maximum flexibility. Using the code PFK at checkout will offset the cost with a 28% discount on the base challenge fee.
FXIFY Trading Rules (Detailed)
Understanding the rules is critical before starting any prop firm challenge. FXIFY maintains a clear and fair ruleset that applies across all evaluation programs.
Daily Loss Limit
The daily loss limit defines the maximum amount you can lose in a single trading day. For one-phase and lightning challenges, this is set at 3% of the starting account balance. For two-phase and three-phase challenges, the limit is 4%. Breaching this limit results in immediate account termination.
Maximum Drawdown
FXIFY uses two types of drawdown depending on the program. The one-phase challenge uses a 6% trailing drawdown, meaning the drawdown threshold rises as your equity increases. The two-phase and three-phase challenges use a 10% static drawdown, calculated from your initial account balance and remaining fixed throughout the evaluation.
Profit Targets by Phase
Profit targets vary by challenge type. The one-phase challenge requires a 10% gain. The two-phase model requires 10% in phase one and 5% in phase two. The three-phase model requires 5% in each of its three stages. Once funded, there are no minimum profit targets to request a payout — you simply need to have a positive balance above your high-water mark.
Time Limits
FXIFY does not impose strict time limits on evaluation phases for the standard one-phase, two-phase, and three-phase challenges. Traders can take as long as they need to hit their targets, which eliminates the pressure of rushing trades to meet a deadline. The exception is the Lightning Challenge, which requires completion within 7 calendar days.
Allowed Trading Styles
FXIFY supports a wide range of trading styles, including scalping, day trading, swing trading, and position trading. There are no restrictions on holding trades overnight or over the weekend for standard evaluation accounts.
News Trading & EA Policy
For one-phase, two-phase, and three-phase challenges, FXIFY allows both news trading and the use of Expert Advisors (EAs) on MT4 and MT5. However, traders should be aware that opening positions within 5 minutes before or after high-impact news events may be restricted on certain account types. Instant Funding and Lightning Challenge accounts do not permit EAs or news trading.
Access to more than 100 instruments — including forex pairs, indices, metals, commodities, stocks, and cryptocurrencies — gives traders plenty of markets to work with. For full details on every rule, check the FXIFY page on PropFirmKey.
FXIFY Scaling Plan (Up to $4M)
One of FXIFY's strongest selling points is its aggressive scaling plan, which can grow a funded account from $400,000 to $4,000,000 in as little as 12 months.
To qualify for scaling, traders must meet the following criteria every three months:
- Achieve a 10% return over the three-month period.
- Have at least two out of three months be profitable.
The first scale-up increases the account balance by 25%. Every subsequent qualification doubles the account balance.
| Timeline | Account Balance (Starting at $400K) | Scale-Up |
|---|---|---|
| Month 0 | $400,000 | Initial funded account |
| Month 3 | $500,000 | +25% first scale-up |
| Month 6 | $1,000,000 | 2x |
| Month 9 | $2,000,000 | 2x |
| Month 12 | $4,000,000 | 2x (maximum) |
This scaling trajectory is among the most generous in the prop firm industry. Combined with the 90% profit split add-on, traders managing a $4M account could potentially generate life-changing returns. The scaling plan applies to all challenge types, making it accessible regardless of which evaluation path you choose.
FXIFY Payout System
Profit Split (75/25 Default, Up to 90/10)
FXIFY's default profit split is 75/25, meaning traders keep 75% of all profits earned on their funded account. For traders who want a larger share, the 90/10 profit split is available as an add-on at checkout. Given the quality of the trading conditions, the 90% split is highly competitive — especially when combined with the discount code PFK to reduce the overall cost.
Bi-Weekly Payouts
Funded traders can request payouts on a bi-weekly basis. There are no minimum trading days required before your first withdrawal on standard accounts, which is a significant advantage over competitors that impose 5 to 14-day waiting periods. This means you could theoretically open a single profitable trade on day one and immediately request a payout.
Methods & Processing Time
FXIFY processes payouts through multiple methods:
- Rise — A popular payout platform used by several prop firms.
- Bank Wire Transfer — Available for traders who prefer traditional banking.
- Cryptocurrency — For traders who want faster, borderless payments.
Processing time is typically 1 to 3 business days. There are no withdrawal fees on the FXIFY side, though your payment provider may apply their own charges. Additionally, FXIFY refunds the initial challenge fee with your first profitable payout — a policy that effectively makes the evaluation free if you pass and trade profitably.
Platforms
MetaTrader 4
MT4 remains one of the most widely used trading platforms in the world, and FXIFY fully supports it. Traders can use custom indicators, Expert Advisors, and the full suite of MT4's charting tools. The platform is lightweight, stable, and ideal for traders who have built their strategies around the MT4 ecosystem.
MetaTrader 5
MT5 is the more modern successor to MT4, offering additional timeframes, a built-in economic calendar, and an expanded set of order types. FXIFY supports MT5 with full EA compatibility on evaluation accounts, making it the preferred choice for traders who need advanced features. Both MT4 and MT5 accounts can be accessed on desktop, web, and mobile.
FXIFY also supports DXtrade and TradingView integration, giving it one of the widest platform selections among major prop firms.
FXIFY Discount Code: PFK (28% OFF)
One of the easiest ways to reduce your challenge cost is by using the exclusive discount code PFK at checkout. This code provides a 28% discount on all FXIFY challenge types and account sizes.
How to Apply
- Visit FXIFY through PropFirmKey to access the latest offers.
- Select your preferred challenge type and account size.
- On the checkout page, locate the "Discount Code" field.
- Enter the code PFK and click "Apply."
- The 28% discount will be reflected in your total immediately.
All Plans After Discount (With Code PFK)
| Account Size | One-Phase (Original) | One-Phase (With PFK) | Two-Phase (Original) | Two-Phase (With PFK) | Three-Phase (Original) | Three-Phase (With PFK) |
|---|---|---|---|---|---|---|
| $10,000 | $99 | $71 | $99 | $71 | $79 | $57 |
| $25,000 | $175 | $126 | $175 | $126 | $149 | $107 |
| $50,000 | $325 | $234 | $325 | $234 | $249 | $179 |
| $100,000 | $475 | $342 | $475 | $342 | $399 | $287 |
| $200,000 | $999 | $719 | $999 | $719 | $799 | $575 |
| $400,000 | $1,999 | $1,439 | $1,999 | $1,439 | $1,599 | $1,151 |
At these discounted prices, FXIFY becomes one of the most affordable top-tier prop firms on the market. A $100,000 two-phase challenge for just $342 with code PFK is exceptional value when you consider the 10% static drawdown and potential to scale to $4M.
FXIFY vs Competitors
How does FXIFY stack up against the biggest names in the prop firm industry? Here is a side-by-side comparison of the key metrics that matter most to funded traders.
| Feature | FXIFY | FTMO | FundedNext | The5ers | Alpha Capital Group |
|---|---|---|---|---|---|
| Max Account Size | $400,000 | $200,000 | $200,000 | $250,000 | $200,000 |
| Scaling To | $4,000,000 | $2,000,000 | $4,000,000 | $4,000,000 | $2,000,000 |
| Profit Split | Up to 90% | Up to 90% | Up to 95% | Up to 100% | Up to 80% |
| Challenge Types | 6 | 1 | 4 | 3 | 2 |
| Platforms | MT4, MT5, DXtrade, TradingView | MT4, MT5, cTrader | MT4, MT5, cTrader | MT4, MT5 | MT4, MT5 |
| EAs Allowed | Yes | No | Yes | Yes | Yes |
| News Trading | Yes | Restricted | Yes | Yes | Yes |
| Trustpilot Rating | 4.4/5 | 4.8/5 | 4.6/5 | 4.9/5 | 4.7/5 |
| Starting Price ($100K) | $475 | $540 | $549 | $260 | $495 |
| Discount Code | PFK (28% OFF) | — | — | — | — |
FXIFY stands out for its maximum initial account size of $400,000 — the highest in this comparison — and its six distinct challenge types. While FTMO and The5ers score higher on Trustpilot, FXIFY's combination of platform variety, EA support, and news trading flexibility gives it a clear edge for systematic and algorithmic traders. For a deeper comparison and the latest coupon codes, visit PropFirmKey.
FXIFY Trustpilot Rating (4.4/5)
FXIFY holds a solid 4.4 out of 5 rating on Trustpilot, backed by thousands of verified reviews. Approximately 77% of reviews are five-star ratings, with traders frequently praising the firm's payout reliability, customer support responsiveness, and the variety of challenge options.
Common positive themes in the reviews include:
- Fast payouts — Multiple traders confirm receiving funds within 1-3 business days.
- Fair rules — The absence of strict time limits and the availability of unlimited trading days are frequently highlighted.
- Good support — Live chat and email support receive consistent praise for quick response times.
On the negative side, some traders mention that the trailing drawdown on one-phase accounts can feel restrictive, and a few reviews note occasional delays during high-volume payout periods. Overall, the Trustpilot profile paints a picture of a trustworthy and well-managed firm.
Pros & Cons
Pros:
- Six distinct challenge types to match any trading style or experience level.
- Scaling plan up to $4,000,000 — one of the most aggressive in the industry.
- No time limits on standard evaluations (one-phase, two-phase, three-phase).
- EAs and news trading allowed on evaluation accounts.
- Four platform options: MT4, MT5, DXtrade, and TradingView.
- Challenge fee refunded with first profitable payout.
- No minimum trading days before first withdrawal.
- UK-based firm with strong Trustpilot reputation.
- Affordable entry with code PFK (28% off all challenges).
Cons:
- Trailing drawdown on one-phase accounts is stricter than static alternatives.
- Default profit split is 75/25 — the 90/10 upgrade requires an add-on fee.
- Trustpilot rating (4.4) is slightly lower than some top competitors like FTMO (4.8) or The5ers (4.9).
- Instant Funding and Lightning accounts restrict EAs and news trading.
- Three-phase evaluation, while cheap, takes the longest to complete.
Who Should Use FXIFY?
FXIFY is an excellent choice for several types of traders:
- Scalpers and day traders who benefit from no minimum trading day requirements and fast bi-weekly payouts.
- Algorithmic traders who rely on Expert Advisors and need a firm that fully supports automated trading on MT4 and MT5.
- Beginners who want an affordable entry point — the three-phase challenge starts at just $57 for a $10,000 account with the code PFK.
- Experienced traders targeting maximum capital — the $400,000 account with scaling to $4M is hard to beat.
- UK and European traders who prefer a regulated, UK-based firm with transparent operations.
If you fall into any of these categories, FXIFY is worth serious consideration. Start your evaluation through the FXIFY listing on PropFirmKey to access the best available pricing.
Frequently Asked Questions
Is FXIFY a legitimate prop firm?
Yes. FXIFY is a UK-based proprietary trading firm with thousands of verified Trustpilot reviews, a 4.4/5 rating, and a proven track record of paying out traders. The firm operates transparently with clearly published rules and pricing.
What is the maximum account size at FXIFY?
The largest initial account you can purchase is $400,000. Through the scaling plan, this can grow to $4,000,000 within 12 months if you consistently meet the 10% quarterly return target.
Does FXIFY allow Expert Advisors?
Yes, EAs are fully supported on MT4 and MT5 for one-phase, two-phase, and three-phase evaluation accounts. Instant Funding and Lightning Challenge accounts do not permit EAs.
What is the FXIFY profit split?
The default profit split is 75/25. Traders can upgrade to a 90/10 split by selecting the add-on at checkout.
Is there a time limit to pass the FXIFY challenge?
No. Standard one-phase, two-phase, and three-phase challenges have no time limit. The only exception is the Lightning Challenge, which must be completed within 7 days.
Does FXIFY refund the challenge fee?
Yes. FXIFY refunds the full challenge fee with your first profitable payout on the funded account.
What discount codes work for FXIFY in 2026?
The code PFK provides a verified 28% discount on all FXIFY challenge types and account sizes. Apply it at checkout on the FXIFY website.
How often can I withdraw profits from FXIFY?
Funded traders can request payouts bi-weekly. There are no minimum trading days before your first withdrawal request.
What platforms does FXIFY support?
FXIFY supports MetaTrader 4, MetaTrader 5, DXtrade, and TradingView — one of the widest selections among major prop firms.
Can I trade crypto on FXIFY?
Yes. FXIFY offers cryptocurrency instruments alongside forex, indices, metals, commodities, and stocks — over 100 instruments in total.
Final Verdict
FXIFY has earned its place among the top proprietary trading firms in 2026. The combination of six evaluation pathways, an aggressive $4M scaling plan, no time limits, full EA support, and four trading platforms makes it one of the most flexible and trader-friendly firms on the market. The UK-based operation and strong Trustpilot reputation provide the trust factor that many newer firms lack.
The main considerations are the trailing drawdown on one-phase accounts and the add-on fee required for the 90/10 profit split. However, these are minor trade-offs given the overall quality of the offering. When you factor in the 28% discount available with code PFK, FXIFY delivers outstanding value at every account size.
Whether you are a manual scalper, a systematic EA trader, or a swing trader looking to scale into serious capital, FXIFY has a program designed for you. We recommend starting with the two-phase or three-phase challenge for the best balance of affordability, manageable rules, and long-term scaling potential.
Ready to get started? Visit the full FXIFY review and profile on PropFirmKey for the latest pricing, verified discount codes, and detailed comparisons with other top prop firms.
Useful Links
- FXIFY on PropFirmKey — Full profile, pricing, and discount code PFK
- PropFirmKey.com — Compare all top prop firms, exclusive coupons, and expert reviews
- FXIFY Official Website — Start your challenge directly
- FXIFY on Trustpilot — Read verified trader reviews
- PropFirmKey Prop Firm Comparison Tool — Side-by-side comparison of FXIFY vs FTMO, FundedNext, The5ers, and more
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