FXIFY Review (2026)
A forex and CFD prop firm with seven plans, and the drawdown type changes from plan to plan. I haven't traded it, so this is a research review. Pick the plan by its drawdown, and read the payout-denial complaints first.
Disclosure: this review contains affiliate links. If you sign up through them I may earn a commission, at no extra cost to you.
Verdict: FXIFY gives you a wide choice (one, two and three phases, instant funding and a 5-day Lightning challenge), allows EAs and news trading on the evaluation plans, and refunds the fee with your first payout on most of them. The catch is that drawdown differs by plan: One Phase, Standard, Instant Funding and Lightning trail, while Classic, Pro and Three Phase are static. I haven't traded FXIFY and it hasn't paid me, and some traders allege payouts were denied for "latency arbitrage" without trade-level evidence. Those are allegations, but read the "Watch out" section before you pay.
- Has it paid me?
- No. I haven't traded FXIFY; this is research only
- Best for
- CFD traders who want a choice of plans and who check the drawdown type first
- Drawdown
- Trailing on One Phase, Standard, Instant and Lightning; static on Classic, Pro and Three Phase
- Profit split
- 80% base; up to 90% with a paid add-on
- Trustpilot
- 4.3 from 6,539 reviews (October 2026)
- Watch out
- Latency-arbitrage payout denial allegations; add-on costs; rules change often
My experience with FXIFY
Watch out: payout denials and plan rules
- KYC and payout delays. Trustpilot reviewers report payouts stuck in review for about 3 business days and proof-of-address delays. Per QuantVPS (10 October 2026), the help center says payouts take 2 to 3 business days and the first one needs agreements signed through Riseworks.
- Add-ons cost extra. The headline "up to 90%" split and bi-weekly payouts are paid add-ons at checkout. The base split is 80%.
- Trailing on several plans. FXIFY says trailing max loss follows your highest closed balance, but the daily loss limit is checked on real-time equity. One Phase has only 6% max loss. See the table.
- Inactivity. Per QuantVPS, no trade in 60 days breaches the account on all plans.
- Banned practices. Per QuantVPS: HFT, reverse or group hedging, account management and latency arbitrage lead to termination and forfeited payouts. Copying third-party traders is prohibited. EAs are not allowed on Instant Funding or Lightning.
- Simulated accounts. CryptoSlate (a third party) says all accounts are simulated and the liquidity provider is not named. MyForexFirms names FXPIG as the broker backing. Sources differ, and I couldn't confirm which is right.
- Plans change often. FXIFY launched Two Phase Pro on 29 April 2026 and the two-phase line is now split into Standard, Classic and Pro. Treat any page, including this one, as possibly stale.
FXIFY rules by plan
Drawdown types and loss limits come from FXIFY's own blog (it says terms may change). Minimum days, consistency, EA and news rules are third-party (QuantVPS, 10 October 2026, and CryptoSlate, 4 October 2026) unless noted.
| Plan | Drawdown | Targets | Daily / max loss | Min days (CryptoSlate) | Consistency (QuantVPS) | EAs / news (QuantVPS) |
|---|---|---|---|---|---|---|
| One Phase | Trailing | 10% | 3% / 6% | 5 | None | Both allowed |
| Two Phase Standard | Trailing | 10% / 5% | 4% / 10% | 5 | None | Both allowed |
| Two Phase Classic | Static | 5% / 10% | 4% / 10% | 4 | 25% (funded only) | Both allowed |
| Two Phase Pro | Static | 4% / 8% | 4% / 8% | 3 | None, but a $4,000 daily profit cap | Both allowed |
| Three Phase | Static | Not found | 5% / 5% | 5 | Not found | Both allowed |
| Instant Funding | Trailing | None (no evaluation) | 8% / 8% | n/a | 20% on Lite | No EAs; news blackout 5 minutes either side |
| Lightning | Trailing | 5% (one step) | 3% / 4% | 3 minimum, 5 maximum to pass | 30% | No EAs; news blackout 5 minutes either side |
- Balance vs equity: per FXIFY's blog, trailing max loss follows your highest closed balance, static is fixed at the starting balance, and the daily loss is calculated from the previous day's closing balance at 5 PM EST and checked on real-time equity. Open losses count live.
- Trailing lock: FXIFY's examples (Two Phase Standard) say the trailing floor locks for good once profit reaches the drawdown percentage or a payout is processed.
- Pro details (FXIFY blog, 29 April 2026): a trading day counts only if it closes at least 0.5% up. Above the $4,000 daily profit cap the account goes read-only for the rest of the day. Withdrawals open every 10 days; the first two are capped at 5% of the initial balance or $8,000, later ones are uncapped.
- Time limit: I found no evaluation time limit except on Lightning (5 trading days, third-party).
- Sources differ on the Classic daily and max loss (one reviewer says 5% on a $10K account) and on whether Two Phase moved from static to trailing in 2025 to 2026. FXIFY's blog is my source for the figures above.
What it costs
I couldn't read FXIFY's own plan pages or checkout, so I only list prices I can source. Two Phase Pro list prices are from FXIFY's blog; the rest are CryptoSlate's third-party ranges, updated 4 October 2026, before any discount. For the One Phase $5K price, sources differ (FXIFY's homepage showed a different figure from CryptoSlate), so I leave it out. Check the checkout for the real price.
| Plan | Price range | Source |
|---|---|---|
| Two Phase Pro | $129 (10K), $225 (25K), $375 (50K), $599 (100K), $849 (150K), $1,099 (200K), $1,350 (250K) | FXIFY blog |
| One Phase | Up to $199 (25K) | CryptoSlate, third-party |
| Two Phase Classic and Standard | $59 (5K) to $549 (100K) | CryptoSlate, third-party |
| Three Phase | $39 (5K) to $399 (100K) | CryptoSlate, third-party |
| Instant Funding Standard | $449 (10K) to $4,249 (100K) | CryptoSlate, third-party |
| Instant Funding Lite | $19 (2.5K) to $789 (50K) | CryptoSlate, third-party |
| Lightning | $59 (10K) to $399 (100K) | CryptoSlate, third-party |
Fee refund: FXIFY's homepage says the fee is reimbursed with your first payout on One, Two and Three Phase. Per QuantVPS, Two Phase Pro fees are not refundable. Add-ons (90% split, bi-weekly payouts) cost extra on top of the list price.
FXIFY discount code
FXIFY runs frequent public sales, and its site advertises sale codes that expire within days. I don't have an FXIFY code of my own, and I haven't invented one. I'm also not quoting FXIFY's sale codes here, because they will be out of date quickly. Open the checkout through the button above and look at what sale is running that day.
| Our code | None |
|---|---|
| Public sales | Frequent, time-limited, and they differ by plan (for example, some exclude Instant Lite) |
| Where to check | FXIFY's checkout and its homepage banner |
Payouts
- Split: 80% base on the CFD plans, up to 90% as a paid add-on (FXIFY homepage; base split per QuantVPS). Two Phase Pro is 80% with no add-on. Sources differ on whether Classic goes higher; I'd treat 90% as the ceiling.
- First payout: on demand on One, Two and Three Phase, as early as your first funded trading day, with a $50 minimum (FXIFY homepage).
- Cycles (QuantVPS, 10 October 2026): One Phase, Standard and Three Phase every 30 days after the first (a 14-day add-on exists); Classic every 14 or 30 days; Pro and Instant Lite every 10 days; Instant Funding first at 14 days after your first trade, then every 14 days; Lightning first at 7 days, then every 14 days.
- Review time: per QuantVPS, requests are reviewed Monday to Friday, 9am to 9pm GMT. Treat the 2 to 3 business days as the minimum, and see the denial complaints above.
Our payout speed guide compares firms where I have real timings. FXIFY isn't one of them.
Platforms, company and countries
- Platforms: TradingView, MT5 and DXTrade per FXIFY's homepage. Per CryptoSlate, Lightning is MT5 only. FXIFY also has a separate futures arm at fxifyfutures.com, which I haven't covered here.
- Company: FXIFY says payments go through FXIFY Solutions Limited in the UK, and that it launched in 2023. Third-party reviewers name different trading entities and licences that I could not check on a regulator register, so I don't state one. CryptoSlate adds that FXIFY isn't a regulated retail broker in most jurisdictions traders would recognize. I found no regulator warning, but I didn't search every register.
- Restricted countries: FXIFY doesn't open accounts for residents of certain jurisdictions, including the United States, Russia, Iran, Iraq, Cuba, Venezuela, Kenya and Ghana, among others. Check FXIFY's full list before you buy.
- Reputation: Trustpilot shows 4.3 from 6,539 reviews (October 2026): 78% five-star and 12% one-star, and FXIFY replies to 96% of negative reviews. That is a public score, not my rating, and Trustpilot doesn't verify trading claims.
Pros and cons
Pros
- Seven plan types, from 5-day Lightning to instant funding
- Static drawdown available (Classic, Pro, Three Phase)
- EAs and news trading allowed on One, Two and Three Phase (per QuantVPS)
- Fee refunded with first payout on most plans
- First payout on demand on One, Two and Three Phase
- Trustpilot 4.3 from 6,539 reviews (October 2026)
Cons
- I haven't traded it and it hasn't paid me
- Allegations of payouts denied for latency arbitrage
- Trailing on One Phase, Standard, Instant and Lightning
- 90% split and bi-weekly payouts are paid add-ons; Pro has no fee refund
- 60-day inactivity breach; strict banned-practice list
- Plans and rules change often; prices could not be read first-hand
Who FXIFY is for
A possible fit: CFD traders who want to choose a plan by its drawdown and rules, trade by hand or with an allowed EA, and are prepared to test a small account and request a first payout early.
Not a good fit: US residents, anyone who needs a firm with a payout record of their own to show, and scalpers or arbitrage-style traders who could trip the banned-practice rules. If you want a CFD firm that has paid me, look at FTMO.
FAQ
Does FXIFY actually pay out?
I don't know first-hand: I haven't traded it and it hasn't paid me. Trustpilot shows 4.3 from 6,539 reviews, mostly positive, but some 1-star reviews allege payouts denied for latency arbitrage. Those are unverified allegations, so test with a small account and an early payout.
Is FXIFY's drawdown static or trailing?
It depends on the plan. Per FXIFY's blog, Classic, Pro and Three Phase are static; One Phase, Standard, Instant Funding and Lightning are trailing on your highest closed balance. Daily loss is checked on real-time equity on all of them.
Is there an FXIFY discount code?
I don't have one of my own, so I'm not listing one. FXIFY runs frequent public sales that expire within days, so check the checkout for whatever sale is live when you buy.
Does FXIFY refund the fee?
FXIFY's homepage says the fee is reimbursed with your first payout on One, Two and Three Phase. Per QuantVPS, Two Phase Pro fees are not refundable. The refund comes only if you reach a payout.
Can I use an EA or trade news on FXIFY?
Per QuantVPS (10 October 2026), EAs and news trading are allowed on One, Two and Three Phase, though FXIFY warns of poor fills around news. They aren't allowed on Instant Funding and Lightning, which also have a news blackout. Some reviewers report EAs flagged at withdrawal, so check the current rules first.
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