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Verified 2026

FXIFY Review

Best For: Flexible Prop Programmes
Unregulated (Prop Firm)
FR

Written By

ForexRater Research Team

Data-driven broker comparison · Independently tested · No paid rankings

Reviewed against our published methodology →

Reviews represent the editorial opinion of ForexRater and are not personal financial advice.

Last Updated: September 2026
1.5
Overall Score
Editorial base 3.9 − regulatory adjustment 2.4 = 1.5
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Who is behind this programme

FXIFY is backed by FXPIG — offshore-licensed only

The entity behind it is FXPIG (VFSC Principal's Licence, Vanuatu). No top-tier regulator stands behind the entity that faces the trader.

FXPIG holds an offshore Vanuatu licence only. This is not comparable to the ASIC/FCA licences behind other firms in this section, and it carries no investor-compensation scheme.

Verified primary, 2026-09-18

1.5
Prop firm score
0–5 on prop-specific criteria, not comparable to a broker rating
Broker parent
60% of 1.25
Payout reliability
not scored
Track record
0% of 1.25
Programme transparency
not scored
  • · Backing broker FXPIG verified (FXPIG (VFSC Principal's Licence, Vanuatu)) but offshore-licensed only — no top-tier regulator behind the trader-facing entity.
  • · Payout reliability not scored: no retrievable rating or payout reporting on record.
  • · Transparency not scored: rules pages only partly retrieved (Per-programme fee and target tables are rendered client-side on the programme pages and were not retrievable; drawdown, consistency and payout rules were read from the firm's FAQ articles.).

Programme terms

Read from FXIFY’s own pages on 2026-09-18. Source

Rules pages only partly retrieved

Per-programme fee and target tables are rendered client-side on the programme pages and were not retrievable; drawdown, consistency and payout rules were read from the firm's FAQ articles.

Blank fields below mean we have not read them — not that FXIFY withholds them. Programme transparency is left unscored rather than counted against the firm.

Capital model
Simulated capital
Evaluation
2-step
Challenge fee
Lightning Challenge — from $59 · $5,000 (One Phase) — $250
Max funding
$400,000 ($450,000 simulated on futures)
Profit split
Up to 90% with the performance-split add-on
Profit targets
Lightning: 5% · Instant Funding: No target
Daily drawdown
3% (1-Phase), 4% (2-Phase Standard)
Max drawdown
6% (1-Phase), 10% (2-Phase Standard)Static and trailing both offered. CRITICAL: "When a payout gets processed, the Max Drawdown locks at your starting balance, regardless of profits made." The firm's own worked example ends: "The withdrawal will still be processed, but the account is forfeited."
Time limit
No minimum trading days on evaluation; 5 minimum trading days before the first withdrawal
Consistency rule
25% cap on Two-Phase Classic, funded stage only. No consistency rule on One Phase, Two Phase Standard, Two Phase Pro, Three Phase or Instant Funding Standard. 2-Phase Pro moves to read-only for the day if daily profit exceeds $4,000.
Platforms
MT5 · TradingView · DXTrade
Instruments
Forex · Indices · Commodities · Stocks · Crypto · Futures
Payouts
First payout on demand; bi-weekly on Instant Funding
Not available to
United States · Zimbabwe · Iran · Iraq

Audit Scorecard

Safety & Regulation3.9 / 5.0
Costs & Fees4.0 / 5.0
Platform & Tools4.0 / 5.0
Customer Support3.7 / 5.0
Education & Research3.6 / 5.0

Our Verdict

FXIFY is assessed here on its published programme terms, costs, platform range and account rules — not on licences, because it holds none of its own. There is no regulator register to check and no client-money protection behind a challenge fee; the safeguards that apply to a licensed broker do not apply here.

FXIFY advertises execution of Not measured and offers MT5. That execution figure is the broker's own published claim, not a speed we have measured — real fills vary with account type, session liquidity and news conditions.

Regulation
Tier-1 Secured
Speed
Not measured
1.5/ 5.0
Highly Recommended
Based on 300+ data points

Pros & Cons

The Good

  • Published drawdown figures with worked examples
  • No consistency rule on most programmes
  • Martingale, grid and EAs permitted

The Bad

  • Backing broker is offshore-licensed only (VFSC Vanuatu)
  • Max drawdown locks at starting balance when a payout is processed
  • Withdrawing all profit can forfeit the account

Live Newsroom & Updates

No recent updates found.

Quick Stats

Min Deposit$59
Max Leverage1:30
Min SpreadParent broker pricing
Exec SpeedNot measured
Avg SlippageNot measured
Deposit FeeN/A (challenge fee)
Withdrawal FeeSee payout terms
PlatformsMT5, TradingView, DXTrade
RegulationUnregulated (Prop Firm)
Visit FXIFY →
74-89% of retail traders lose money

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Risk Warning

Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite.

Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you.