Futures
ForexCrypto
Based on Trustpilot
The rules that decide whether a FXIFY account passes, stays funded, or breaches. Rules are grouped by the account type they apply to, and split between the evaluation phase and the funded phase, because several of them differ between the two.
Account Type
Most accounts are lost to a drawdown breach rather than to a strategy rule. The daily loss limit and the maximum loss limit are the two rules worth knowing exactly before the first trade.
Strategy rules, such as those covering news trading, holding over the weekend, hedging, copy trading and automated systems, decide which strategies can be run at all. A strategy that is viable at one firm may be prohibited at another.
Consistency rules apply after profit is made rather than before, and can delay a payout even on an account that never breached. They are the rule most often missed.
News trading policies differ by firm and sometimes by phase. The FXIFY position, including any restricted window around high impact releases, is set out in the rule cards on this tab.
Weekend and overnight holding is set per firm and per program. The rule cards on this tab state whether FXIFY permits it and on which account types.
Automated trading is treated differently across firms, and some allow it only where the trader owns the strategy. The FXIFY rule is listed on this tab.
A consistency rule limits how much of the total profit may come from a single day or a single trade. It is intended to filter out results driven by one oversized position, and it is normally checked at payout rather than during the evaluation.
A drawdown breach closes the account immediately. A strategy or consistency breach is more often handled by removing the affected profit or withholding a payout, with the account itself kept open, though this varies by firm and by how serious the breach is.
Often, yes. Several firms relax or tighten specific rules in the funded phase, which is why the evaluation and funded rules are shown separately on this tab.
