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FXIFY Review
FXIFY is a UK based prop trading firm that sells funded account challenges to forex and crypto traders, though it is not itself a licensed financial firm.
Min Deposit
$39
Spreads From
0.0 pips on the Raw pricing plan, plus a per lot commission
Max Leverage
Up to 1:30, up to 1:50 with a paid leverage add on
Platforms
MetaTrader 5, DXTrade
Pros
- Traders can use expert advisors, martingale, and grid strategies on most plans
- Standard one, two and three phase evaluations carry no time limit at all
- Choice of MetaTrader 5, DXTrade or TradingView for every funded account
- Says it has paid funded traders more than 40 million dollars in total
- A first payout can be requested on demand after just one funded trading day
Cons
- FXIFY itself is not a licensed financial firm, only a self described payment agent
- Reviewers report payout refusals over vague latency arbitrage claims with no proof shown
- Its own published rules block United States residents from opening an account
- One star review counts on Trustpilot kept growing through the middle of 2026
- Account activation after a passed challenge can take days or weeks per user reports
FXIFY is a prop trading firm that sells evaluations and hands funded demo capital to traders who pass. It says trading began in May 2023, though its UK company was incorporated in October 2022. It is led from London by co founders David Bhidey and Peter Brown, both former partners of broker FXPIG.
Traders pick a one, two or three phase evaluation, instant funding, or a fast Lightning challenge, from $39 up to $400,000. Rules are loose, expert advisors, martingale, grid trading and weekend holding are allowed on most accounts. Trading runs on MetaTrader 5, DXTrade or TradingView, spreads from 0.0 pips on Raw pricing plus commission.
FXIFY is not a licensed financial firm. Its own FAQ calls it a payment agent, with no record on the FCA Register. TheTrustedProp and Forex Peace Army describe a pattern, a trader passes, requests a payout, then FXIFY cites latency arbitrage with no evidence and refuses to pay. Rules block United States residents, but its site shows payout proof marked US.
Min. Deposit
USD 39
Max Leverage
Up to 1:30, up to 1:50 with a paid leverage add on
Spreads From
0.0 pips on the Raw pricing plan, plus a per lot commission
Platforms
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
