Futures
ForexCrypto
Based on Trustpilot
Leverage, commission and the assets available on FXIFY accounts, by asset class. These are the numbers that decide the real cost of running a strategy, separately from the price paid for the account.
Some firms sell optional add-ons at checkout that change the conditions above, most often higher leverage, lower or zero commission, and swap free. An add-on changes the cost and the risk profile of the account, so it is worth pricing before buying rather than after.
Leverage sets the position size available for a given balance. Higher leverage does not change the drawdown limit, so it raises the speed at which that limit can be reached rather than the room available.
Commission is charged per lot per side on most accounts and is deducted from the balance, which means it counts toward the drawdown as well as toward the profit target. On a high frequency strategy it is usually a larger cost than the price of the account.
Where a spread is variable, the cost of a trade rises around news releases and at the daily rollover, which is when the widest spreads of the session normally occur.
Leverage is set per asset class and can differ per account type. The table on this tab shows the figure for each asset class on each FXIFY account type.
Any published per lot commission is shown in the commission column of the table on this tab. Where the firm does not publish a figure for an asset class, the cell shows n/a.
The asset classes listed in the table are the ones available on FXIFY accounts. Where an asset class is absent from the table, it is not offered.
No. Leverage changes the position size available, while the profit target and the drawdown limits stay the same. It raises both how quickly a target can be reached and how quickly a limit can be breached.
They can. Some firms apply different leverage or commission on funded accounts than during the evaluation, so the funded figures are worth confirming before choosing a program.
