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FXIFY Review 2024: What to Expect

FXIFY is a proprietary trading firm that provides traders with the capital and resources to trade a range of assets, from stocks and metals to forex. 

If you’re looking to begin trading, or you’re looking for a new platform, FXIFY could be a strong contender. But how much do you know about FXIFY? Is it a good prop firm? That’s what we’ll be exploring today. 

FXIFY Review 2024: What to Expect
If you’re looking to begin trading, or you’re looking for a new platform, FXIFY could be a strong contender.

Read on for our review of the popular prop trading firm FXIFY. We’ll be exploring its programs, features, pros and cons. 

FXIFY’s Programs

As a new FXIFY user, there are three programs to choose from – you’ve got the 1-phase, 2-phase and 3-phase. To get started, you choose your account, tailor it, and then go through the evaluation process. Let’s delve a little deeper into these three options: 

One-Phase

The FXIFY One-Phase program is a great choice if you’re looking for quick access to a funded trading account. As the name suggests, it involves just one evaluation phase before you qualify for funding. It’s a great choice if you’re a low-risk trader. You can customize this program to match your trading style – this flexibility can give you a higher chance of successfully passing the evaluation. 

Two-Phase

The Two-Phase program may be a better choice if you have more skills and experience – and can display consistent discipline. If you opt for this program, you’ll need to pass two assessments and demonstrate:

  • Consistency
  • Accuracy
  • Risk management 

Like the One-Phase program, you can customize this program to fit your strategy.

Three-Phase

FXIFY’s Three-Phase program offers a low assessment cost, and the same benefits as the One and Two-Phase programs – however, it has a lower profit target of 5% to progress to the next stage. You will need to demonstrate patience, discipline and consistency with this program – and of course, it can be customized to meet your needs. 

Is FXIFY Legit? 

In short, yes – it appears that FXIFY is a legitimate prop firm. FXIFY provides relevant information about its process and potential considerations, so we recommend that you explore this further before registering. 

We also recommend checking out user reviews and testimonials – this can give you insight into the reliability of the firm. For example, one user stated that:

“Fxify is trustworthy and transparent prop firm. They paid me 3 times without any issue. Only one suggestion they should give an option Crypto withdrawal to direct wallet as usual before they do.. sometimes rise is not verifying id. Sumsub , rise have issue”

And another said: 

“Hands down the best prop firm. Literally the best prop firm. Here are some of the reasons why.

– US residents are allowed to use MT4 and MT5

– Payout is real

– Support staff is always on top of it and can assist 24/7.

– FXIFY doesn’t have a consistency rule like other BS prop firms.”

So, to summarize – yes, FXIFY is legit and reliable. It can be a great way to begin trading and access capital for trading. 

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FXIFY Pros

  • Customisable plans
  • Fastest payouts in the prop industry
  • You can increase your 75% profit split to 90%
  • Bi-weekly payout system for quick access to earnings
  • Easy and seamless withdrawal
  • 15x payout options to choose from
  • 3x phases to choose from
  • Active online community for additional support
  • Fast and effective customer service
  • 3x platforms – MetaTrader 4, MetaTrader5 and DXtrade

FXIFY Cons

  • Not suitable for Residents of Ukraine, Iran, North Korea, Syria and other countries on the OFAC (Office of Foreign Assets Control) 
  • Can only withdraw profits once every two weeks 
  • Some users state the evaluation process is tough

Another important thing to mention is that some users have complained that their accounts have closed down due to breaching their rules. To avoid this, we recommend reading the FXIFY rules thoroughly. 

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