BrightFunded vs FXIFY - Prop Firm Comparison (March 2026)
Head-to-head comparison of BrightFunded and FXIFY. Check max funding, profit splits, daily and overall drawdown rules, leverage, tradable assets, payout frequency, payment and payout methods, trading permissions and KYC restrictions before you buy a challenge. Data refreshed March 2026.
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BrightFunded
BrightFunded (Bright Global FZCO) is a Dubai-based prop firm offering an unlimited-time, 2-phase evaluation (8% then 5% targets) with 5% daily and 10% max loss limits, trading on cTrader, DXtrade and MT5 with up to 1:100 FX leverage, and Funded...
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FXIFY
FXIFY is a broker-backed prop firm (FXIFY Markets Ltd, licensed in Labuan, Malaysia) offering One Phase, Two Phase and Three Phase evaluations, an Instant Funding path, and a 7-day Lightning Challenge, with up to 90% performance splits, on-demand payouts on...
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| Overview | ||
| Trustpilot Rating | 0 | 4.4 |
| Trustpilot Reviews | 0 | 5,320 |
| Headquarters | United Arab Emirates | Malaysia |
| Age (Years) | N/A | N/A |
| Max Funding | $400,000 | $4,000,000 |
| Profit Split Start | 80% | 80% |
| Profit Split Max | 100% | 90% |
| Platforms | MT5 cTrader DXtrade | MT4 MT5 DXtrade |
| Assets | FX Commodities Indices Crypto | FX Metals Indices Commodities Stocks Crypto |
| Leverage | ||
| FX Leverage | 100 | 50 |
| Metals Leverage | 40 | 50 |
| Crypto Leverage | 5 | 1 |
| Risk & Drawdown Rules | ||
| Max Daily Loss | 5 | Maximum Daily LossFXIFY's daily drawdown limits are program-specific. FXIFY provides examples showing One Phase uses a 3% daily drawdown, while Two Phase uses a 4% daily drawdown. Daily drawdown is monitored alongside max drawdown thresholds, and traders should plan withdrawals and risk so that intraday equity does not breach the daily limit. |
| Max Total Loss | 10 | Maximum Overall LossFXIFY provides examples showing One Phase accounts use a 6% max drawdown and Two Phase accounts use a 10% max drawdown. For Three Phase, FXIFY describes a static drawdown option where max drawdown is set at 5% and remains static for the life of the account. |
| Drawdown Type | Drawdown ModelBrightFunded’s drawdown approach uses an end-of-day (EOD) high-watermark logic for daily risk: the daily permitted loss is always 5% of the challenge size, and the next day’s breach level is set using the highest balance or equity recorded at the end of the prior day. The daily loss resets during the rollover window (roughly 23:30–23:59 CET).Across the evaluation phases, the account must also respect a 10% maximum loss limit; breaching either the daily or max-loss thresholds invalidates the account. | Drawdown ModelFXIFY supports both trailing-style drawdown mechanics and an optional static drawdown mode (notably for 2-Phase and 3-Phase). FXIFY also explains that on 1- and 2-Phase accounts, when a withdrawal is requested, the max drawdown “locks” at the starting balance, meaning profit withdrawals reduce the buffer created by gains and can increase breach risk if no buffer remains. |
| Payouts | ||
| Payout Frequency | Payout FrequencyOn Funded Star accounts, BrightFunded allows the first reward split request 30 days after the first trade. After the first payout, reward splits can be requested bi-weekly (every 14 days). Optional add-ons at checkout can enable weekly payouts (every 7 days) and/or an instant 90% profit split upgrade. | Payout FrequencyInstant Funding: FXIFY states Instant Funding accounts offer payouts every 14 days. Evaluation programs (1-Phase, 2-Phase, 3-Phase): FXIFY states the first payout is instant and on demand, processed right after the trader's first live trade in the funded account. |
| Days to First Payout | 30 | 0 |
| Payout Processing Time | Payout ProcessingBrightFunded states that payouts are typically processed by the finance team within about 1 day after a request is submitted, with final receipt time depending on the payment rail and compliance checks. | 0 |
| Payout Methods | Crypto (USDC – ERC-20) Bank Transfer | Crypto Bank Transfer |
| Payments | ||
| Payment Methods | Credit/Debit Card Crypto | Credit/Debit Card Crypto |
| Trading Permissions | ||
| News Trading | News trading is permitted, but traders remain responsible for respecting all drawdown rules; spreads and slippage can widen materially during high-impact releases. Tick-scalping and any attempts to exploit pricing/data-feed errors are prohibited. | News trading rules are defined by FXIFY program terms and platform rules; traders should follow FXIFY's compliance guidance and avoid any prohibited behavior, especially around extreme volatility where drawdown breaches can occur quickly. |
| Weekend Trades | BrightFunded allows holding positions over the weekend. Traders should account for gap risk and liquidity changes at the weekly reopen; a swap-free add-on can remove swap fees for overnight/weekend holds when purchased. | FXIFY advertises the ability to hold positions over the weekend on supported programs/instruments, subject to market hours, symbol availability, and account objectives. |
| Copy Trading | Copy trading is allowed only between accounts owned by the same person (BrightFunded accounts, other evaluation firms, or personal brokerage accounts). Copying between different individuals, signal-group trading, or account management services are prohibited and can lead to profit deductions, resets, or closure. | Copy trading is allowed between your own FXIFY accounts and from FXIFY accounts to other accounts. To copy from an external account into a FXIFY account, FXIFY requires submission of the master account statement in HTML format beforehand, and copying from a third party is prohibited. |
| EA Allowed | Expert Advisors (EAs) are allowed, provided all activity remains compliant with BrightFunded’s daily/maximum loss rules and non-authorized-practices policies. | 1 |
| KYC & Restrictions | ||
| KYC Required | Yes | Yes |
| KYC Stage | KYC is required to activate a Funded Star account after passing Phase 2, and BrightFunded uses SumSub for identity verification (typically government-issued ID plus proof of address). Activation also includes a security check by the risk team before the trader contract is issued. | KYC is required as part of FXIFY's AML/KYC compliance process before traders can fully access withdrawals/performance fees. If a trader cannot pass KYC, FXIFY's policy explains this impacts their ability to proceed under the program's compliance requirements. |
| Restricted Countries | Cuba Iran North Korea Syria Vietnam | United States Zimbabwe Iran Iraq North Korea Somalia Vietnam Burundi Central African Republic Ivory Coast Liberia Libya Sudan Cuba Syria Afghanistan Yemen Palestine Myanmar Nicaragua Congo Republic Crimea Democratic Republic of Congo Eritrea Guinea Guinea-Bissau Papua New Guinea South Sudan Vanuatu Venezuela Algeria Russia Kenya Ghana |