FXIFY
Trust: MediumSpecifications
| Profit split | Up to 90% (80–100% reported depending on plan) |
|---|---|
| Max funding | Up to $400,000 per account (up to $4,000,000 with scaling) |
| Challenge fee | From $39 (Lightning from $59; $400K accounts up to $2,950) |
| Payout track record | $40M+ across 250,000+ payouts officially published |
| Payout cycle | First payout on demand (bi-weekly thereafter) |
| Platforms | MT4 · MT5 · DXTrade · TradingView |
| Evaluation | Multiple |
| Drawdown model | Mixed |
| Max leverage | 1:50 |
| Sources | [1][2][3][4][5][6] |
| Website | https://fxify.com/ |
Trustpilot: 4.3 (6,133 reviews) — third-party, as of 2026-07-31
Strengths
- Backed by a Broker — partnered with FXPIG
- On-demand first payout, $50 minimum withdrawal, zero withdrawal fees
- 1/2/3 Phase plans refund 100% of the challenge fee with the first payout
- Flexible rules — no mandatory stop loss, weekend holding allowed
Watch-outs
- No formal regulatory oversight as a prop firm
- Launched in 2023, so the operating history is relatively short
- Reports of payout denials citing 'latency arbitrage'
- News trading is restricted on Instant Funding / Lightning
Payout claim vs verification
| Verification | Third-party verifiedVerifier: Payout Junction |
|---|---|
| Claimed | $40M+"Paid to Traders", alongside "250K+ Payouts Made" and a "$117,000 Single highest payout". |
| Independently checkable | $34,828,06013,986settlementsas of2026-08-04 |
| Rail | Public chainFXIFY is the only firm here running its own public payout-statistics page — and on the check date it substantiates nothing. fxify.com/payouts returns HTTP 200 and renders "$0.00 Total Payouts To Date", "0 Total Number of Payouts", "$0.00 Highest Payout", "$0.00 Average Payout", "0 Payouts Rejected" and "Viewing Page 1 of 0", under the note "We update the latest payouts at the end of each day". Confirmed live in a browser with no console errors. The independent on-chain record, not the firm’s own page, is what supports a figure here. |
| Source | FXIFY — own payout statistics page (rendered all zeros on the check date)Payout Junction — verified on-chain payout tracker — FXIFYChecked: 2026-08-05 |
What FXIFY is
FXIFY is a prop firm — a service that lets you trade the firm’s capital rather than your own and share the profits — launched in 2023 (May 2023, according to several review sites) and headquartered in London, UK. The UK entity FXIFY Solutions Limited (company number 14451720) was incorporated on 31 October 2022 and shows as Active on Companies House, the UK’s corporate registry.
Peter Brown and David Bhidey are reported as co-founders. The firm promotes itself as “Backed by a Broker” on its official site, with FXPIG named as the partner broker.
The site also states that a related entity, FXIFY Markets Ltd, holds Labuan (Malaysia) money broker licence No. MB/22/0097. Note, however, that this is not regulation of the prop firm business itself — more on that below.
Evaluation model
FXIFY offers five program lines: One Phase, Two Phase, Three Phase, Instant Funding (a funded account with no evaluation), and Lightning (a one-step challenge).
| Item | Detail |
|---|---|
| Profit split | Officially up to 90%. Third-party reviews report 80–100% depending on plan (e.g. Two Phase Classic offers a choice of 80% bi-weekly or 100% monthly) |
| Account sizes | $5,000–$400,000 (up to $4,000,000 with scaling) |
| Challenge fee | $5K accounts $39–$59, $10K accounts $59–$89, $100K accounts $399–$549, $400K accounts up to $2,950 |
| Lightning | From $59 |
| Fee refund | 1/2/3 Phase plans refund 100% with the first payout |
| Platforms | MT4 / MT5 / DXTrade / TradingView |
| Daily loss | 3–8% (program-dependent) |
| Max drawdown | 4–10% (both static and trailing variants) |
| Payouts | First payout on demand, bi-weekly thereafter. $50 minimum withdrawal, zero fees |
| Withdrawal methods | Bank transfer / Riseworks / crypto (1–3 business days to process) |
These figures change by program and over time, so check the official site for the latest terms.
Pros
1. Broker-backed structure
FXIFY is a broker-backed prop firm partnered with FXPIG. Being able to lean on a broker for trading infrastructure makes the business foundation more visible than that of independent newcomers, and reviewers generally count this in its favour.
2. Flexible payout terms
The first withdrawal can be requested on demand — at any time of your choosing — with bi-weekly payouts supported thereafter. The minimum withdrawal is $50 across all account sizes and withdrawal fees are reported as zero, which makes even small balances practical to take out.
3. Published payout track record
The official site publishes cumulative payouts of over $40M across more than 250,000 transactions, with a single largest payout of $117,000. A third-party site says it was able to verify roughly $33.9M in payments, so the payment activity itself is corroborated.
4. Freedom in trading rules
There is no mandatory stop loss, weekend holding is allowed, and both martingale (increasing position size after each loss) and grid trading (placing orders at fixed intervals) are officially permitted. Drawdown comes in static and trailing variants, so the setup adapts well to different styles.
Cons and caveats
1. No regulation as a prop firm
FXEmpire states plainly that, like most prop firms, FXIFY operates without formal regulatory oversight. The only licence held is FXIFY Markets Ltd’s Labuan money broker licence, which offers limited protection as a customer-safeguard framework.
2. Short operating history
Having launched in 2023, the firm has roughly three years of track record. Compared with long-established incumbents, its history of sustained payouts is shallow, and its resilience to changing business conditions is an unknown you should price in.
3. Reports of payout denials
One-star Trustpilot reviews document a recurring pattern: payouts denied on grounds of “latency arbitrage” (arbitrage that exploits delays in price feeds) without trade-level evidence being provided. Between April and May 2026, one-star reviews rose from 648 to 675 (about 11.6% of the total). The same source concludes the firm is “not a scam” based on its verified payout record, but the opacity of rule-violation rulings remains a point to watch.
4. Prohibited practices and plan-specific restrictions
Tick scalping, HFT (high-frequency trading), reverse/group hedging, latency arbitrage, account management by third parties, and exploiting bugs are all prohibited. News trading is allowed on the 1/2/3 Phase plans but restricted on Instant Funding and Lightning, so check this when choosing a plan.
Trustpilot’s overall score is 4.3/5 across 6,133 reviews, read from the live profile on 2026-07-31, with one-star reviews at 12%. Given the trend above, it is worth reading the most recent reviews yourself.
Who it suits / who it doesn’t
Good fit:
- Traders who treat broker backing as a trust signal
- Traders who value easy cost recovery — on-demand first payout and fee refunds
- Traders who want rule freedom, including martingale and grid strategies
Not a good fit:
- Traders who put regulated customer protection first
- Traders who want a decade-scale operating track record
- News traders considering Instant Funding / Lightning
Related
- How to choose a prop firm
- ThinkCapital — another broker-backed prop firm
- FTMO — the long-established incumbent to compare if track record matters most