Is FXIFY legit?
FXIFY is a real, operating prop firm. Its payment agent, FXIFY Solutions Limited, is a UK company registered at Companies House (number 14451720) in Clerkenwell, London, and the dealing entity, Prime Intermarket Group Eurasia Ltd, holds a Mauritius Investment Dealer licence. It holds a 4.3 TrustScore from about 6,300 Trustpilot reviews with 78 percent five-star, and reports more than $40 million paid to traders. Legit is not the same as regulated: the UK company is a payment agent, not an FCA-authorised firm, and evaluation accounts are simulated.
Is FXIFY regulated?
Not in the UK. FXIFY's dealing entity is licensed as an Investment Dealer by the Financial Services Commission of Mauritius (licence GB24204066). The London company, FXIFY Solutions Limited, is a registered company acting as a payment agent and is not on the FCA Register. The FCA's retail protections for CFD clients and the Financial Ombudsman do not apply to prop firm evaluations, whichever firm you use.
Does FXIFY pay out?
FXIFY reports more than $40 million paid to traders and a single highest payout of $117,000. On the One, Two and Three Phase programs the first payout can be requested on demand as soon as the first trade on the funded account is closed, subject to five trading days and a $50 minimum, and the evaluation fee is refunded with it. Later payouts run monthly or every two weeks; Instant Funding accounts pay every 14 days. The 12 percent one-star Trustpilot reviews mostly concern breaches and support, not refused payouts.
FXIFY vs FTMO: which is better?
FTMO is the more established firm with a longer payout record and one simple rulebook. FXIFY is cheaper at most sizes, refunds its fee, offers a first payout on demand rather than after 14 days, has a Three Phase program with 5 percent targets and a One Phase with a 6 percent trailing limit, and has a UK-registered payment agent. Choose FTMO for predictability; choose FXIFY if you want lower fees, faster first money and more program choice, and you understand how a trailing drawdown works.
What are the FXIFY challenge rules?
One Phase: 10 percent target, 3 percent daily loss, 6 percent trailing maximum drawdown that locks at the starting balance once you are 6 percent up, 5 minimum days, no time limit. Two Phase: 5 percent target per phase, 4 percent daily, 10 percent static maximum drawdown, 4 minimum days. Three Phase: 5 percent per phase, 5 percent daily, 5 percent static, 5 minimum days. Lightning: 5 percent in 5 trading days with a 3 percent daily, 4 percent trailing and 30 percent consistency rule. The daily limit is measured against the previous day's balance at 5pm EST.
How does the FXIFY trailing drawdown work?
On the One Phase, the 6 percent maximum drawdown trails your highest closed balance. If a $100,000 account rises to $103,000, the floor rises to $97,000 and does not come back down. Once you have made 6 percent, or once a payout is processed, the floor locks at the starting balance of $100,000 and stops trailing. The Two Phase and Three Phase use static limits that stay at 10 percent and 5 percent below the starting balance for the life of the account.
How do FXIFY payouts work?
On the evaluation programs you request your first payout on demand once the first trade on the funded account has closed, with a $50 minimum and five trading days behind you; your evaluation fee comes back with it. After that you are paid monthly, or every two weeks if you add the bi-weekly option. The Two Phase pays 80 percent on the bi-weekly cycle or 100 percent monthly; the One and Three Phase pay 80 percent, or 90 percent with the extra split add-on. Instant Funding pays every 14 days.
How much does an FXIFY challenge cost?
List prices on 23 September 2026: One Phase from $59 for $5,000 to $549 for $100,000 and $2,950 for $400,000; Two Phase the same $59 to $549 up to $100,000; Three Phase from $39 for $5,000 to $399 for $100,000 and $1,599 for $400,000. A 30 percent code (CHART30) was running at the time. Fees are refunded with the first payout on the One, Two and Three Phase, but there are no refunds once you have placed a trade.
Is FXIFY available in the UK?
Yes. The UK is not on FXIFY's restricted list, the site carries a UK-specific legal notice, and the firm's payment agent is a London-registered company. Payments and payouts are in US dollars. As with every prop firm, you are trading a simulated account, the firm is not FCA-authorised, and FCA retail protections do not apply.
What platforms does FXIFY offer?
MetaTrader 5, DXtrade and TradingView, with pricing from the FXPIG group's broker. Default leverage is 30:1 on forex and gold, 10:1 on indices, 5:1 on oil and 2:1 on stocks, with an add-on raising forex and gold to 50:1 on the One and Three Phase. Expert advisors are allowed, but running the same commercial EA as other traders is treated as herd trading.
Can The Forex Complex signals be used for FXIFY challenges?
As one input, yes. Every Forex Complex signal carries a stop loss, so sizing against FXIFY's 3, 4 or 5 percent daily limit is straightforward. On the One Phase the trailing floor rises with your wins, so bank profit in stages rather than letting a winner run into a giveback. News trading is allowed on the evaluation programs but FXIFY warns that oversized news trades can be treated as improper risk management. No signal service can guarantee you will pass or be paid.
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