I’ve recently had a great chat with the guys over at FXIFY. This firm looks to make a big entrance into the prop trading industry and has plenty of cool features (and more to come).
March 2024 Update: It’s been over a year since we began working with FXIFY and so far we’ve had zero complaints from our community members! We’ve updated this article to reflect changes over the past year, don’t forget to subscribe to our newsletter to stay informed regarding future changes.
Let’s take a quick look at the key benefits of this firm:
- Scale up to $4 million
- Customizable accounts
- Low/no commissions
- 100% Fee refunds
- No Time Limits
- Raw Spreads Available
$15,000 Account Released
FXIFY has now launched their $15k account, available in both one and two-phase options. The cost for this is just $99 or with the Prop Traders Club discount, $84.50!
You can also customize your challenge in the following ways:
| Performance Protect | +15% Cost |
| Increased Profit Split | +20% Cost |
| Increase Leverage to 1:50 | +25% Cost |
| Switch to Bi-weekly Payouts | +5% Cost |
Coming Soon
As mentioned, this firm has some big plans. For starters, they plan on offering a wide selection of brokers to give traders a greater choice.
They also plan on shaking up the withdrawal process, giving traders much greater access to their profits.
March 2024 Update: Rise is now an available withdrawal option, allowing you to withdraw your hard-earned profits faster and easier.
The leverage should be reasonable say 1:100 or 1:200. Most companies are already paying high profit split without charging any cost for it and even pay once target is meant.
They should readjust the feature to suit the unbeatable edge. And be precise about your figures and facts to spell out your terms.