About FXIFY
FXIFY, based in the United Kingdom, was established in April 2023. It is a CFD firm offering Instant, 1 Step, 2 Steps and 3 Steps evaluation programs; the 1 Step evaluation requires a 10% profit target and the 2 Step evaluation requires 10% in Phase 1 and 5% in Phase 2, with maximum total drawdown ranging from 5% to 10%. Account sizes range from $15,000 to $400,000. Platforms supported include MT5, DXTrade, TradingView and MT4.
Key Information
Quick Stats
Trading Rules
Consistency Rule: A 25% Daily Consistency Rule applies: You cannot request a payout until the highest profit trading day falls below the 25% of total profits made on that account within that particular period.
EA Details: Prohibited
News Trading Details: High Leverage News Trading (HLNT – if used as gambling without proper risk management)
Drawdown Basis: Balance
Drawdown Measurement: Relative
Funding & Account
Reset Fee: $79 to $299
Available Instruments
Payout Policy
Scaling Plan
Forex Details
Spreads & Commissions
| Asset Class | Avg. Spread | Commission |
|---|---|---|
| forex | 1.2 | $6/lot |
| metals | 1.5 | $6/lot |
| crypto | Variable | $0/lot |
| indices | Variable | $0/lot |
| commodities | Variable | $0/lot |