PROP NAVI
FIRM REVIEW

FXIFY

Trust: Medium
United Kingdom (London) · Founded 2023 · ★ 4.0 / 5 · Last reviewed June 12, 2026

Specifications

Profit splitUp to 90% (80–100% reported depending on plan)
Max fundingUp to $400,000 per account (up to $4,000,000 with scaling)
Challenge feeFrom $39 (Lightning from $59; $400K accounts up to $2,950)
Payout track record$40M+ across 250,000+ payouts officially published
Payout cycleFirst payout on demand (bi-weekly thereafter)
PlatformsMT4 · MT5 · DXTrade · TradingView
Websitehttps://fxify.com/

Strengths

  • Backed by a Broker — partnered with FXPIG
  • On-demand first payout, $50 minimum withdrawal, zero withdrawal fees
  • 1/2/3 Phase plans refund 100% of the challenge fee with the first payout
  • Flexible rules — no mandatory stop loss, weekend holding allowed

Watch-outs

  • No formal regulatory oversight as a prop firm
  • Launched in 2023, so the operating history is relatively short
  • Reports of payout denials citing 'latency arbitrage'
  • News trading is restricted on Instant Funding / Lightning

What FXIFY is

FXIFY is a prop firm — a service that lets you trade the firm’s capital rather than your own and share the profits — launched in 2023 (May 2023, according to several review sites) and headquartered in London, UK. The UK entity FXIFY Solutions Limited (company number 14451720) was incorporated on 31 October 2022 and shows as Active on Companies House, the UK’s corporate registry.

Peter Brown and David Bhidey are reported as co-founders. The official site promotes itself as “Backed by a Broker”, with FXPIG named as the partner broker.

The site also states that a related entity, FXIFY Markets Ltd, holds Labuan (Malaysia) money broker licence No. MB/22/0097. Note, however, that this is not regulation of the prop firm business itself — more on that below.

Evaluation model

FXIFY offers five program lines: One Phase, Two Phase, Three Phase, Instant Funding (a funded account with no evaluation), and Lightning (a one-step challenge).

ItemDetail
Profit splitOfficially up to 90%. Third-party reviews report 80–100% depending on plan (e.g. Two Phase Classic offers a choice of 80% bi-weekly or 100% monthly)
Account sizes$5,000–$400,000 (up to $4,000,000 with scaling)
Challenge fee$5K accounts $39–$59, $10K accounts $59–$89, $100K accounts $399–$549, $400K accounts up to $2,950
LightningFrom $59
Fee refund1/2/3 Phase plans refund 100% with the first payout
PlatformsMT4 / MT5 / DXTrade / TradingView
Daily loss3–8% (program-dependent)
Max drawdown4–10% (both static and trailing variants)
PayoutsFirst payout on demand, bi-weekly thereafter. $50 minimum withdrawal, zero fees
Withdrawal methodsBank transfer / Riseworks / crypto (1–3 business days to process)

These figures change by program and over time, so always confirm current terms on the official site.

Pros

1. Broker-backed structure

FXIFY is a broker-backed prop firm partnered with FXPIG. Being able to lean on a broker for trading infrastructure makes the business foundation more visible than that of independent newcomers, and reviewers generally count this in its favour.

2. Flexible payout terms

The first withdrawal can be requested on demand — at any time of your choosing — with bi-weekly payouts supported thereafter. The minimum withdrawal is $50 across all account sizes and withdrawal fees are reported as zero, which makes even small balances practical to take out.

3. Published payout track record

The official site publishes cumulative payouts of over $40M across more than 250,000 transactions, with a single largest payout of $117,000. A third-party site says it was able to verify roughly $33.9M in payments, so the payment activity itself is corroborated.

4. Freedom in trading rules

There is no mandatory stop loss, weekend holding is allowed, and both martingale (increasing position size after each loss) and grid trading (placing orders at fixed intervals) are officially permitted. Drawdown comes in static and trailing variants, so the setup adapts well to different styles.

Cons and caveats

1. No regulation as a prop firm

FXEmpire states plainly that, like most prop firms, FXIFY operates without formal regulatory oversight. The only licence held is FXIFY Markets Ltd’s Labuan money broker licence, which offers limited protection as a customer-safeguard framework.

2. Short operating history

Having launched in 2023, the firm has roughly three years of track record. Compared with long-established incumbents, its history of sustained payouts is shallow, and its resilience to changing business conditions is an unknown you should price in.

3. Reports of payout denials

One-star Trustpilot reviews document a recurring pattern: payouts denied on grounds of “latency arbitrage” (arbitrage that exploits delays in price feeds) without trade-level evidence being provided. Between April and May 2026, one-star reviews rose from 648 to 675 (about 11.6% of the total). The same source concludes the firm is “not a scam” based on its verified payout record, but the opacity of rule-violation rulings remains a point to watch.

4. Prohibited practices and plan-specific restrictions

Tick scalping, HFT (high-frequency trading), reverse/group hedging, latency arbitrage, account management by third parties, and exploiting bugs are all prohibited. News trading is allowed on the 1/2/3 Phase plans but restricted on Instant Funding and Lightning, so check this when choosing a plan.

Trustpilot’s overall score sits high at roughly 4.3–4.4 / 5 (about 5,800–5,950+ reviews), but given the trend above, it is worth reading the most recent reviews yourself.

Who it suits / who it doesn’t

Good fit:

  • Traders who treat broker backing as a trust signal
  • Traders who value easy cost recovery — on-demand first payout and fee refunds
  • Traders who want rule freedom, including martingale and grid strategies

Not a good fit:

  • Traders who put regulated customer protection first
  • Traders who want a decade-scale operating track record
  • News traders considering Instant Funding / Lightning