FXIFY
Overview
Overview
FXIFY is a proprietary trading firm launched in May 2023 that establishes itself as a broker-backed prop firm emphasizing instant payouts, flexible evaluation programs, and trader-first policies. Founded by David Bhidey and Peter Brown and registered in Malaysia and the United Kingdom, the firm emerged from decades of brokerage expertise through its partnership with FXPIG, a multi-asset broker established in 2010. With offices across four global locations and 100+ dedicated professionals, FXIFY operates in over 160 countries, positioning itself as a fast-growing platform focused on accessibility, transparency, and on-demand payout capabilities.
| Trust Pilot | 4.3 ★★★★ |
| Established | 2023 |
| Headquarters | Malaysia, United Kingdom |
| Challenge Types | 8 categories (52 different challenges) |
| Account Sizes | $1,000 up to $400,000 (scales to $4,000,000) |
| Profit Split | 80%-100% |
| Payout Frequency | On-demand (first payout), every 14 days, or every 30 days |
| Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), DXTrade, cTrader, TradingView (Crypto) |
| Instruments | Forex, Metals, Indices, Commodities, Crypto (100+ pairs), Stocks CFDs, Futures |
| Allowed Strategies | Manual Trading, Scalping, Swing/Position Trading, EAs (except Instant/Lightning), News Trading, Copy Trading (own accounts only) |
| Time Limits / Min Days | Unlimited / 4-7 minimum trading days |
| Max Drawdown | 4%-10% |
| Profit Target | 5%-10% (varies by challenge; Instant accounts: 0%) |
| Evaluation Phases | 1-Phase, 2-Phase, 3-Phase, Instant Funding |
FXIFY builds its platform around three core principles: broker-backed infrastructure, instant payouts, and program flexibility. The firm’s unique positioning stems from its integration with FXPIG, providing end-to-end control over trading conditions, execution quality, and payout processing rather than relying on third-party broker partnerships like most competitors. This vertical integration enables FXIFY to offer industry-leading spreads from 0.0 pips on major FX pairs and gold, along with the infrastructure to process first payouts instantly upon request from the first funded trading day.
The commitment to accessibility extends to program design. By offering eight distinct evaluation pathways, ranging from the rapid 7-day Lightning Challenge at $59 for a $10,000 account to conventional multi-phase programs and direct Instant Funding, FXIFY removes common barriers that exclude traders with varying capital levels, risk tolerances, or time constraints. The purchase fee refund policy for 1-Phase, 2-Phase, and 3-Phase programs, where traders receive their evaluation cost back with their first payout, further reduces financial barriers to entry.
Challenge Structure and Account Options
| Category | One Phase | Two Phase (Classic Static) | Two Phase (Standard Trailing) | Three Phase | Instant Funding | Lightning | Crypto Instant Funding | Crypto Standard (One Phase) |
|---|---|---|---|---|---|---|---|---|
| Cost | $59-$2,950 | $59-$549 | $59-$2,950 | $39-$1,599 | $69-$4249 | $59-$399 | $125-$1,999 | $59-$999 |
| Account Size | $5,000-$400,000 | $5,000-$100,000 | $5,000-$400,000 | $5,000-$400,000 | $1,000-$100,000 | $10,000-$100,000 | $5,000-$100,000 | $5,000-$100,000 |
| Total Duration | Unlimited | Unlimited | Unlimited | Unlimited | N/A | 7 days | Unlimited | Unlimited |
| Leverage | FX: 50:1, Commodities: 20:1, Indices: 15:1, Oil: 5:1, Stocks: 2:1 | FX: 50:1, Commodities: 20:1, Indices: 15:1, Oil: 5:1, Stocks: 2:1 | FX: 50:1, Commodities: 20:1, Indices: 15:1, Oil: 5:1, Stocks: 2:1 | FX: 50:1, Commodities: 20:1, Indices: 15:1, Oil: 5:1, Stocks: 2:1 | FX: 50:1, Commodities: 20:1, Indices: 15:1, Oil: 5:1, Stocks: 2:1 | Gold and FX: 30:1, Commodities: 10:1 , USOIL: 5:1, Indices: 10:1 | 5:1 (Bitcoin, Ethereum, Solana), 2:1 (others) | 5:1 (Bitcoin, Ethereum, Solana), 2:1 (others) |
| Hold Over Weekend | Yes | Yes | Yes | Yes | No | Yes | Yes | Yes |
| Profit Split | 80% (bi-weekly), 90% (add-on, bi-weekly), 100% (monthly) | 80% (bi-weekly), 90% (add-on, bi-weekly), 100% (monthly) | 80% (bi-weekly), 90% (add-on, bi-weekly), 100% (monthly) | 80% (bi-weekly), 90% (add-on, bi-weekly), 100% (monthly) | 80% (bi-weekly), 90% (add-on, bi-weekly) | 80% (bi-weekly), 90% (add-on, bi-weekly) | 80% (bi-weekly), 90% (add-on, bi-weekly) | 80% (bi-weekly), 90% (add-on, bi-weekly), 100% (monthly) |
| Minimum Withdrawal | $50 | $50 | $50 | $50 | $50 | $50 | $50 | $50 |
| Profit Target | 10% | 5%/10% | 10%/5% | 5%/5%/5% | None | 5% | None | 9% |
| Maximum Daily Loss | 3% | 4% | 4% | 5% | 8% | 3% | 3% | 3% |
| Maximum Total Loss | 6% | 10% | 10% | 5% | 8% | 4% | 6% | 6% |
| Minimum Trading Days | 5 days | 4 days | 5 days | 5 days | N/A | 3 days | 4 days | 4 days |
| Inactivity Rule | 60 days | 60 days | 60 days | 60 days | 60 days | 60 days | 7 days | 7 days |
Allowed Strategies
Expert Advisors and Automated Trading
Expert Advisors (EAs) are permitted on 1-Phase, 2-Phase, 3-Phase, and Crypto Standard accounts, subject to prior review via email or live chat. Prohibited EA behaviors include high-frequency trading (HFT), tick-scalping, arbitrage, latency arbitrage, martingale, grid systems, and statistical arbitrage. EAs are NOT allowed on Instant Funding, Lightning Challenge, or Educational Instant Funded accounts.
Manual Trading and Discretionary Strategies
All standard manual trading approaches, technical analysis, fundamental analysis, mixed strategies, are fully supported across all programs. Traders must demonstrate genuine market analysis; patterns of pure betting or one-sided directional trading (always long/always short) without market context are flagged as improper risk management.
Scalping
Intraday and normal-speed scalping are permitted. Hyperactivity, unusually high trade frequency, rapid-fire entries/exits, constant order modifications, is prohibited and may be flagged as HFT.
Swing and Position Trading
Multi-day and multi-week holding allowed across all accounts. Weekend holding is permitted on 1-Phase, 2-Phase, 3-Phase, and Lightning Challenge. Instant Funded accounts must close positions before Friday 3:45 PM EST.
News Trading
News trading is permitted on 1-Phase, 2-Phase, and 3-Phase accounts. Blackout periods apply to Crypto and Lightning:
- Crypto: No trades 5 minutes before/after high-impact news; violations result in trades being invalidated
- Lightning: Restrictions 5 minutes before/after major news events
- Traders should manage risk appropriately around volatile periods; clients taking excessive risks on news trades may face account termination
Copy Trading
Copy trading is allowed exclusively between accounts owned by the same individual trader within FXIFY. Copying from external accounts, between different owners, or any pattern suggesting group trading results in immediate account termination.
Restrictions
High-Frequency Trading (HFT) and Tick-Scalping
Prohibited due to market manipulation and unfair advantages. Any use of advanced algorithms exploiting tick-level movements is grounds for termination.
Reverse Hedging and Group Hedging
- Reverse Hedging: Opening offsetting positions across accounts to minimize risk artificially while appearing to actively trade
- Group Hedging: Multiple customers collaborating to place opposing trades across accounts, neutralizing group risk while appearing to trade legitimately
Both violate firm guidelines and result in account termination.
Account Management
Third-party trading on your behalf, “pass-your-challenge” services, or coordinated multi-account trading under different names is strictly prohibited. All trading must be conducted by the individual registered with FXIFY.
Latency Arbitrage and Delayed Data Feeds
Exploiting delays between data sources, using fast data feeds to place trades ahead of platform updates, or trading on delayed charts is forbidden. This distorts trading performance and does not reflect real market conditions.
Order Book Spamming
Flooding the order book with fake buy/sell orders intended to manipulate other traders’ decisions is prohibited.
Herd Trading and Collusion
Trading in the same direction at the same time with other traders, blindly following group patterns without individual strategy, or intentionally coordinating trades with other accounts is classified as market manipulation and results in termination.
Poor Money Management and Gambling Behavior
- Strategies relying on emotions, impulsive trading, or YOLO (high-risk positions hoping for extreme rewards) without sound risk management
- Chasing wins or losses, addictive trading patterns, or continuous high-risk betting are prohibited
- Patterns suggesting gambling rather than professional trading can lead to account termination
Exploiting Bugs, Glitches and Arbitrage
Any use of technical glitches, platform errors, or guaranteed execution exploitation is prohibited and results in immediate termination.
High-Leverage News Trading (HLNT)
Placing large leveraged positions during major news events to exploit volatile price swings is permitted within limits, but only with clear proper risk management. Trading that appears to be gambling on coin flips may result in termination.
Statistical Arbitrage
Deploying large numbers of high-risk trades across multiple accounts hoping one significant win will cover losses from failed challenges is prohibited. This is not considered a sustainable, long-term approach.
Third-Party Purchases
Accounts obtained through third-party purchase services are subject to termination. Only the individual actively trading may purchase an account.
Maximum Allocation Rules
Traders can own one active account per size tier:
- 1 x $5,000, 1 x $10,000, 1 x $15,000, 1 x $25,000, 1 x $50,000, 1 x $100,000, 1 x $200,000, 1 x $400,000
- Multiple accounts may be owned across different sizes simultaneously
- Maximum total allocation: $800,000
Affiliate Program
FXIFY operates a tiered affiliate program offering industry-leading commission rates on referrals, with escalating rewards based on cumulative sign-ups and exclusive challenge account incentives for high-volume partners. The program is open to a diverse range of promoters without requiring applicants to hold a FXIFY account or purchase a challenge themselves.
| Category | Tier 1 | Tier 2 | TIer 3 |
|---|---|---|---|
| Commission | 10% | 15% | 20% |
| Referral Purchase Volume | 0-100 | 101-500 | 501+ |
| Recurring Commissions | Lifetime | Lifetime | Lifetime |
| Payout Frequency | Every 14 days | Every 14 days | Every 14 days |
| Minimum Withdrawal | $50 | $50 | $50 |
Reputation and Trustpilot Reviews
Blueberry Funded currently maintains a Trustpilot rating of 4.3 out of 5.
| ★★★★★ | 3412 |
| ★★★★ | 310 |
| ★★★ | 89 |
| ★★ | 44 |
| ★ | 576 |
The distribution breakdown indicates strong positive sentiment, with the majority of reviews concentrated in the 5-star and 4-star categories, while 1-star reviews represent a smaller minority.
The most frequently praised aspect is payout speed and reliability. Traders consistently report receiving withdrawals within 3 business days, notably faster than the industry standard multi-week delays that plague competitors. The rapid processing, combined with 24/7 support availability and responsive live chat assistance, creates a user experience that many reviewers frame as industry-leading.
Beyond operations, traders appreciate the technical infrastructure: transparent trading conditions with 0-pip spreads, choice between RAW and All-In pricing models, and broker-backed execution superior to firms reliant on third-party brokers.
Nonetheless, this positive narrative is complicated by recurring complaints from a meaningful minority. Some traders report payout delays extending well beyond the advertised 3-business-day window, citing unexplained verification holds or processing gaps that undermine confidence in promised timelines.
More significantly, account termination disputes reveal tensions around consistency rule enforcement. Multiple traders describe account closures or payout denials attributed to violations of FXIFY’s subjective determination of “excessive risk-taking,” “hyperactivity,” or inconsistent position sizing, behaviors they considered legitimate trading. These traders perceive rule enforcement as retroactive and discretionary rather than clearly pre-defined.
Additionally, some mention spread widening during high-volatility news events and frustration with the max drawdown locking mechanism after withdrawals, which eliminates profit buffer and increases breach risk on subsequent trades.
The divergence between these experiences suggests FXIFY delivers a strong environment for disciplined traders who maintain stable position sizing, consistent daily profit patterns, and proactive communication with support. Traders employing adaptive strategies, frequent tactical position adjustments, or pushing the boundaries of permitted behaviors may encounter friction during payout reviews or face termination under FXIFY’s broad discretionary enforcement authority.
Verdict
FXIFY combines broker-backed infrastructure and competitive spreads (0 pips on major pairs) with flexible program pathways to create an accessible entry point for traders seeking fast payouts and transparent operations. The fee refund policy and $10 educational starter accounts lower financial barriers, while 3-business-day payout processing addresses a genuine industry pain point where competitors often require weeks for withdrawals.
However, traders must navigate strict consistency rules, subjective enforcement of prohibited strategies, and max drawdown locking after withdrawals. Success requires stable position sizing, disciplined trading patterns, and proactive communication with support. For rule-compliant traders prioritizing speed and transparency, FXIFY offers great value; those requiring interpretive flexibility or employing adaptive strategies should start small and clarify grey areas in writing before scaling capital.