FXIFY review

The following actions are strictly prohibited:

• "All or Nothing" Approach: Using maximum leverage on a single position or relying on loss limits as a stop-loss strategy is prohibited. The goal is to build long-term, responsible strategies—not to engage in reckless or impulsive trading.

• Tick or Micro Scalping: Taking trades with minimal movement, such as fewer than 10 ticks, without a clear plan, and opening and closing positions quickly to make small profits, is not allowed. While volatility can create quick moves, this approach often takes advantage of simulated conditions rather than replicating real market dynamics.

• Exploiting Favorable Fills: Attempting to profit by exploiting the absence of slippage, using tight brackets, or manipulating order fills to gain an advantage is prohibited.

• Account Rolling: Taking extreme leverage positions without a plan or stop-loss, hitting the maximum loss, and then purchasing additional accounts to repeat the cycle, is strictly forbidden.

• Reverse Trading: Simultaneously taking opposite positions (long and short) on separate accounts to exploit market moves is not allowed at the Evaluation or Funded Phases.

• Manipulating Gaps and Illiquid Markets: Attempting to profit from isolated fills in illiquid or gapped markets is prohibited.

• Group Trading: Collaborating with other traders to execute identical or opposite strategies across different accounts is not allowed. Each trader must operate independently, and any coordinated activity will be flagged and dealt with accordingly.

• Account Management: Allowing someone else to trade on your behalf or managing multiple accounts under different names, which violates our one-account-per-customer rule. This includes “pass your challenge” services and similar services.

• Latency Arbitrage: Exploiting delays between price updates across platforms to gain an unfair advantage, distorting true market conditions.

• Exploiting Bugs and Glitches: Taking advantage of any platform errors or delays to profit unfairly, which is strictly prohibited.

• High Leverage News Trading: Placing large, leveraged positions around major news events, akin to gambling without proper risk management.

• Statistical Arbitrage: Deploying high-risk trades based on statistical models, aiming for significant wins to offset losses from multiple accounts.

News Trading is allowed

The payout buffer zone for both Standard and Expert plans is as follows:

Standard Accounts

• $50,000 Account → $500

• $100,000 Account → $1,000

• $150,000 Account → $1,500

Expert Accounts

• $50,000 Account → $1,000

• $100,000 Account → $1,500

• $150,000 Account → $2,000

Withdrawals follow a tier-based structure, where the percentage of profits available for withdrawal increases with each payout. This applies to both Standard and Expert accounts:

• Payout 1 → 60% of the amount above the buffer zone

• Payout 2 → 70% of the amount above the buffer zone

• Payout 3 → 80% of the amount above the buffer zone

• Payout 4 → 90% of the amount above the buffer zone

• Payout 5 and onwards → 100% of the amount above the buffer zone

• Payout Requests: Can be made every 14 calendar days from the first trade on your funded account.

• Profit Requirement: Payouts can only be requested if profits exceed the buffer zone by at least $100.

• Consistency Rule:

  • Standard accounts: 30%

  • Expert accounts: 40%

  The consistency rule must be met before a payout request can be made. Consistency calculations reset after each payout request and are based only on profits generated since the last payout.

• Buffer Zone Lock-In: The buffer zone amount locks in as your new max drawdown limit, which will be fixed at the initial balance.

• Max Drawdown: After each withdrawal, the max drawdown locks at the account’s starting balance.

• The payout cap on each account refers to the total payouts received on that account, not just the profits made.

• Once the cap is reached, the account will enter review by our trading team.

• In some cases, accounts may be transitioned to live infrastructure before the payout cap is reached, at the team’s discretion.

• To be considered for transition, the account must be active at the time of review.