FXIFY Review 2026
First broker-backed prop firm with accounts up to $400K and payouts from the first profitable trade.
★ 4.4/5 on Trustpilot (5,307 reviews)Overview
FXIFY is a UK-based prop firm that has quickly carved out a distinctive position in an increasingly crowded market. Founded in 2022, it made the bold decision to back its operations with a real broker, FXPIG, which fundamentally sets it apart from the majority of prop firms that operate on demo accounts. This broker-backed model means your trades are actually executed on live markets, adding a layer of transparency and legitimacy that many traders find reassuring. One of FXIFY's strongest selling points is the flexibility of its evaluation programs. Traders can choose between a 1, 2, or 3-phase challenge depending on their experience level and risk tolerance. The single-phase challenge is ideal for experienced traders who want to get funded quickly, while the multi-phase options offer more manageable profit targets at each stage. Account sizes range from $5K all the way up to $400K, and through the scaling program, traders can eventually manage up to $4M in capital. This range is impressive and allows every trader to find an entry point that matches both their budget and their ambitions. FXIFY's payout policy is arguably its most compelling feature: the first withdrawal is available from the very first profitable trade on your funded account. This is a radically different approach from most competitors, who typically impose waiting periods or minimum withdrawal amounts. On top of that, the challenge fee is refunded at 125%, which is a nice bonus for traders who successfully pass the evaluation. Platform-wise, FXIFY offers a solid selection with MT4, MT5, DXtrade, and TradingView, covering the preferences of the vast majority of traders. The range of tradable instruments is equally impressive: forex, indices, commodities, crypto, and stocks. This diversity enables traders to diversify their strategies across multiple markets rather than being confined to a single asset class. A point worth highlighting is the freedom FXIFY grants regarding trading strategies. Algorithmic trading, martingale systems, and news trading are all permitted, which is relatively rare in the industry. This makes FXIFY appealing to both discretionary traders and systematic traders who rely on bots or algorithms. This firm is particularly well-suited for forex and multi-asset traders looking for a professional environment with the security of a real broker behind the scenes. Algo traders will also find it an ideal playground thanks to the permissive rules on automated strategies.
Pros
- Accounts up to $400K (scaling to $4M)
- Payout from first profitable trade
- Backed by a real broker (FXPIG)
- Algo trading, martingale, and news trading allowed
- Wide range of platforms
- Challenge fee refunded at 125%
Cons
- 90% profit split only as paid add-on
- Relatively low leverage (1:50)
- Still a young company (2022)
- Single payment processor (Rise)
Pricing
Trading Rules
10% (1-Step) / 8%+5% (2-Step)
5%
10%
0
Illimité
No
Platforms & Instruments
Our Verdict
FXIFY stands out as one of the most innovative prop firms on the market thanks to its unique broker-backed model. The ability to receive a payout from the very first profitable trade is a major competitive advantage that demonstrates genuine confidence in their traders. The 125% challenge fee refund and complete freedom on strategies (algo, martingale, news trading) further strengthen the appeal. However, it is worth noting that the 90% profit split requires a paid add-on, leverage remains modest at 1:50, and the company is still relatively young. The single payment processor (Rise) may also present constraints for some traders. Despite these reservations, FXIFY deserves serious consideration, especially for multi-asset traders and algorithmic trading enthusiasts looking for a transparent and flexible firm that puts real market execution at the center of its offering.