What challenge structure does FXIFY use for its evaluation process?
💡 Answer
FXIFY offers multiple routes to funding:
- One Phase (1-Step): Conventional 1-step evaluation with a 10% profit target and the tighter 3% daily / 6% max drawdown model.
- Two Phase (2-Step): Two-stage evaluation with a 4% daily drawdown and 10% max drawdown; FXIFY also offers an optional static drawdown mode for 2-Phase accounts.
- Three Phase (3-Step): Three-stage evaluation where each phase targets 5% profit; traders can choose static drawdown (5% max drawdown) on 3-Phase accounts.
- Lightning Challenge: A fast evaluation requiring a 5% profit target and completion of trading objectives in 7 days, designed for confident traders wanting speed.
- Instant Funding: No evaluation; traders start funded immediately, earn from day 1 with up to 90% performance split, and follow the Instant Funding payout cycle.
Full challenge rules, profit targets, and time limits are detailed on FXIFY official website.
More FAQs about FXIFY
- What trading styles are permitted at FXIFY, including EAs, news trading, weekend trades, and copy trading?
- How can traders pay for accounts at FXIFY, and are refunds available?
- What are the payout rules at FXIFY, such as minimum withdrawal, payout frequency, processing time, and methods?
- How much profit can traders keep at FXIFY?
- Which markets are available for trading at FXIFY?
- What leverage does FXIFY offer for forex, indices, metals, and crypto trading?
- Which trading platforms are available at FXIFY, and who is the underlying broker?
- How does FXIFY handle spreads, commissions, and slippage during trade execution?
- Which trading strategies are restricted by FXIFY, does the firm allow martingale trading, and are lot size limits enforced?
- What drawdown model is applied at FXIFY?
- What risk management and consistency rules must traders follow at FXIFY?
- What program types does FXIFY offer to traders?
- What is the maximum funding offered by FXIFY, and is a scaling plan available for traders?
- What is the current Trustpilot rating and number of reviews for FXIFY?
- What program types are available at FXIFY?
- How many accounts can a trader hold at FXIFY, is account merging allowed, and are there lot size limits?
- Does FXIFY require KYC, and when are traders asked to complete verification?
- Which countries are restricted from trading with FXIFY?
Guides Where FXIFY Is Featured
- Prop Firms Offering Crypto Leverage of 1:1 or Higher
- Prop Firms Offering FX Leverage of 1:50 or Higher
- Prop Firms Offering Maximum Profit Split of 80% or Higher
- Prop Firms Offering Metals Leverage of 1:15 or Higher
- Prop Firms Offering More Than $750k in Funding
- Prop Firms Offering Profit Split Starting at 60% or Higher
- Prop Firms Offering Stocks Trading
- Prop Firms With At Least 1 Years in Operation
- Prop Firms with More Than 50 Trustpilot Reviews
- Prop Firms With MT4 Platform
- Prop Firms With Trustpilot rating of 3.6 or higher
- Top Prop Firms That Accept Clients From Germany
These guides include FXIFY alongside other prop firms, grouped by trading features, platforms, availability, and trader requirements.
FXIFY vs Goat Funded Trader vs FundedFast - Prop Firm Comparison (November 2026)
Side-by-side comparison of FXIFY vs Goat Funded Trader vs FundedFast. Quickly scan maximum funding, profit splits, risk rules, leverage, platforms, instruments, payout schedules, payment options, trading permissions and KYC restrictions to narrow down your prop trading firm shortlist. Data updated November 2026.
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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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Goat Funded Trader
Goat Funded Trader offers 1‑step, 2‑step, 3‑step, Blitz and instant funding evaluations with static or trailing drawdowns up to 5% daily and 10% overall, scaling capital up to $2 million with profit splits starting at 80% and upgrades to 95–100%...
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FundedFast
FundedFast is the trading name of Memento Enterprises Limited (Malta) and offers simulated prop-trading Challenges on MatchTrader. It provides one-phase and two-phase evaluations (10% then 5% targets on the two-phase), unlimited time limits, weekly payout requests on funded accounts via...
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|---|---|---|---|
| Overview | |||
| Trustpilot Rating | 4.3 | 0 | 4.4 |
| Trustpilot Reviews | 6,510 | 0 | 28 |
| Headquarters | Malaysia | Saint Lucia | Malta |
| Age (Years) | 4 | 4 | 2 |
| Max Funding | $4,000,000 | $2,000,000 | $976,562 |
| Profit Split Start | 80% | 80% | 80% |
| Profit Split Max | 90% | 100% | 90% |
| Platforms | MT4 MT5 DXtrade | MT5 cTrader Match-Trader TradeLocker Volumetrica | Match-Trader |
| Assets | FX Metals Indices Commodities Stocks Crypto | Forex pairs; CFD indices; metals; commodities; stocks; cryptocurrencies | Forex Commodities Precious Metals Indices Cryptocurrencies |
| Leverage | |||
| FX Leverage | 50 | 100 | 100 |
| Metals Leverage | 50 | 100 | 100 |
| Crypto Leverage | 1 | 2 | 20 |
| Risk & Drawdown Rules | |||
| Max Daily Loss | 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. | 5 | 5 |
| Max Total Loss | 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. | 10 | 10 |
| Drawdown Type | 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. | Static for 1‑step, 2‑step and 3‑step evaluations; trailing for GOAT Blitz and instant funding; daily drawdown resets at 5 PM EST | Drawdown ModelFundedFast enforces a fixed Max Daily Loss and a fixed Max Drawdown (no trailing drawdown disclosed on its Challenges page). The daily-loss limit is presented as a percentage limit and should be treated as including floating PnL exposure (open trades) for compliance. |
| Payouts | |||
| Payout Frequency | 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. | Bi‑weekly; Instant Standard triple-payday every 10 days | Payout FrequencyFundedFast states withdrawals can be requested once per week. To have a withdrawal processed on Monday, submit the request by 00:00 (UTC) Thursday of the previous week. |
| Days to First Payout | 0 | 10 | 0 |
| Payout Processing Time | 0 | 2 | Payout ProcessingFundedFast indicates weekly processing, with Monday as the processing day when submitted by the stated cutoff. Exact receipt timing depends on the payment provider and is not specified on the FAQ page. |
| Payout Methods | Crypto Bank Transfer | Rise; Crypto; Skrill | N/A |
| Payments | |||
| Payment Methods | Credit/Debit Card Crypto | Credit/debit card; PayPal; crypto | Credit/Debit Card Bank Transfer Local Banking PIX (Brazil) Cryptocurrency |
| Trading Permissions | |||
| News Trading | 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. | Allowed; but trades opened or closed within 5 minutes of high‑impact news may only generate up to 1% profit of initial balance | Yes. FundedFast states news trading is allowed, but trades opened within 10 minutes of significant news announcements may be reviewed for compliance. Its Terms prohibit “gap trading” during significant news events (example: opening trades within five minutes of a major news announcement). |
| Weekend Trades | FXIFY advertises the ability to hold positions over the weekend on supported programs/instruments, subject to market hours, symbol availability, and account objectives. | yes | Weekend holding is available via a Weekend Holding add-on at checkout. Overnight holding is allowed (swap applies at market close). |
| Copy Trading | 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. | No (duplicating trades across accounts is prohibited) | No. FundedFast states copy trading is not currently supported. |
| EA Allowed | 1 | Expert Advisors are permitted provided they are not high‑frequency or arbitrage systems; they must be original and not marketed for passing challenges, and the trader may be asked to prove ownership by supplying the code. | No. FundedFast states it does not support Expert Advisors (EAs) or automated trading systems. |
| KYC & Restrictions | |||
| KYC Required | No | No | No |
| KYC Stage | 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. | After passing the evaluation and before receiving the funded account and first payout | KYC is required after passing and before the funded phase: ID (passport/driving license/national ID) and proof of residence (utility bill or bank statement dated within the last six months). Upload is done via the Trading Platform profile area; verification is typically within an hour, up to one business day in rare cases. |
| Restricted Countries | 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 | Bangladesh Bulgaria Chile Cuba Hong Kong Iran Japan Jordan Lebanon Libya Malaysia Myanmar North Korea Russia Senegal Singapore Somalia South Korea Sri Lanka Sudan Syria Togo Thailand Vietnam | Afghanistan Albania Baker Island Bajo Nuevo Bank Barbados Belarus Burkina Faso Cabo Verde China Congo (Democratic Republic) Congo (Republic) Côte d’Ivoire Eritrea Ethiopia Guam Haiti Hong Kong Howland Island Iran Iraq Jamaica Jarvis Island Johnston Atoll Jordan Kingman Reef Kyrgyzstan Lebanon Liberia Libya Malta Midway Islands Minor Outlying Islands Mongolia Mozambique Myanmar (Burma) Nicaragua North Korea Northern Mariana Islands Pakistan Palestine Palmyra Atoll Panama Puerto Rico Russia Senegal Seychelles Sierra Leone Somalia South Sudan Sudan Syria Tajikistan Turkmenistan United States United States Virgin Islands Vietnam Yemen |
FXIFY
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FundedFast