FundingPips vs FXIFY
Which of these two is likelier to end your account, and why — compared rule by rule from what each firm publishes.
Short answer
- The drawdown works differently, and that is the difference that matters. FundingPips' loss limit is fixed to your starting balance and never moves; FXIFY's follows your highest closed balance, ignoring open profit. FXIFY: Only closed profit moves it, so a winning trade you have not banked yet gives you no extra room and costs you none.
- Daily loss cap: FundingPips 5%, FXIFY 4%.
- Entry cost: FundingPips from $32, FXIFY from $99.
Figures below are what each firm publishes. Confirm them on the firm's own site before paying for an evaluation — these rules change without notice.
FundingPips
FXIFY
Side-by-Side Specifications Matrix
Every figure below is taken from the firm's own published rules. Check the source and date under the table before you size a position on it — prop firm rules change without notice.
| Evaluation Parameter | FundingPips | FXIFY |
|---|---|---|
| Asset Class / Market | MULTI-ASSET | MULTI-ASSET |
| Drawdown Calculation Type | Static Balance-Based | Trailing Closed-Balance HWM (locks at start balance) FXIFY's own FAQs label the 'Two Phase' drawdown 10% Trailing on the assessment-rules page and 10% Static on the static-drawdown page, so check which 2-Phase variant you bought. The 2-Step limit trails your highest closed balance (floating profit does not move it) and stops trailing once you are 10% up or take your first payout; Three Phase is static from day one. |
| Max Daily Loss | 5.0% | 4% 4% on the 2-Step, measured against the balance recorded at 5PM EST the previous day; One Phase is 3%, Three Phase 5%, Instant Funding 8%, Lightning 3%. |
| Max Overall Loss | 10.0% | 10.0% 10% on the 2-Step; One Phase is 6%, Three Phase 5%, Instant Funding 8%, Lightning 4%. |
| Profit Split | 80% - 90% | 80% - 90% |
| Minimum Trading Days | 0 Days | 0 Days |
| News Trading Policy | ✓ News trading permitted across all stages | ✓ News trading allowed with zero time restriction windows |
| Weekend & Overnight Holding | ✓ Permitted (Weekend holding allowed for all instruments) | ✓ Permitted (Weekend and overnight holding permitted across all account types) |
| Supported Platforms | cTrader, Match-Trader, TradeLocker | MT4, MT5, DXtrade, TradingView |
| Payout Schedule | Weekly payouts (Every 7 calendar days) | On-demand Day 1 payouts (bi-weekly thereafter) |
| First Payout Eligibility | 5 trading days from funded stage | Day 1 (immediate upon passing and trading) |
| Consistency Rule | No restrictive consistency rule | No consistency rule published for the 2-Step; other FXIFY programmes carry 20-30% best-day rules Lightning caps your best day at 30% of total profit, Instant Funding Lite at 20%, Crypto funded accounts at 25%, and Two Phase Pro stops you for the day at $4,000 profit. |
| Islamic / Swap-Free Option | ✓ Swap-Free Type Available Swap-Free account type available across cTrader and Match-Trader; zero overnight rollover fees |
✓ Swap-Free Checkout Add-on Swap-Free add-on available at checkout; eliminates overnight swap charges permanently on live simulated accounts |
| US Residents Accepted | ✗ Restricted | ✗ Restricted |
| Maximum Capital Allocation | $2,000,000 | $4,000,000 |
Not independently confirmed. We could not read FundingPips' own rules pages — every request to the site was answered with HTTP 403, so the rules could not be read from here. The figures below are unconfirmed and may be out of date. Check the current rules on FundingPips' own site. Last attempted .
Where these figures come from. Read from FXIFY's own published rules on : Daily loss limit by programme (3/4/5%) and the · Instant Funding 8% daily drawdown, same 5PM ES · Lightning 3% daily drawdown, 4% trailing max d · Per-phase table · Trailing mechanism · Static drawdown definition, and the page that · Instant Funding 8% trailing max drawdown and i · Platform list including TradingView · Identical platform sentence, confirming the li · Instant Funding Lite 20% best-day rule and 10- · 25% best-day rule on Crypto funded accounts, w · Two Phase Pro $4,000/day profit cap and same-d · 60-day inactivity breach · Profit forfeiture on hard breach and the Perfo · Prohibited strategies and the termination-plus · Programme-specific copy-trading ban · One profile per person, no second account unde. Prop firm rules change without notice — confirm on the firm's own site before you pay for an evaluation.
What can end the account even if you are profitable
These are the rules people usually find out about after a payout is refused.
- FXIFY: If you go 60 days without placing a single trade, FXIFY breaches your account and it is over, evaluation or funded. source
- FXIFY: If you hard-breach a funded account you lose every dollar of profit you have not already been paid, unless you bought the Performance Protect add-on at the original checkout, which is the only way to keep it. source
- FXIFY: FXIFY terminates your account and wipes your profits to zero if you use latency arbitrage, high-frequency trading, hedging positions across accounts, order-book spamming, trading the same setups as a group, exploiting platform bugs, or let anyone else trade for you, including a paid pass-your-challenge service. source
- FXIFY: On Instant Funding, Instant Funding Lite, 2 Phase Pro and the Lightning Plan you may not copy trades in from anyone else, such as a signal service or a copier bot, and doing so breaks FXIFY's terms; copying between your own FXIFY accounts is allowed on the other programmes. source
- FXIFY: You may register only one profile with FXIFY, and opening a second one under a different email address is a rule violation. source
- FXIFY: On the Lightning Plan your single best trading day cannot be worth more than 30% of your total profit, or you do not meet FXIFY's payout requirement. source
- FXIFY: On Instant Funding Lite your best trading day cannot be worth more than a fifth of your total profit, and you must also have traded on 10 separate days since your first trade before you can be paid. source
- FXIFY: On the Crypto Instant Funded and Crypto 1-Phase funded accounts no single trading day's profit may exceed 25% of your profit for that payout period, though this does not apply during the crypto challenge step. source
- FXIFY: On Two Phase Pro you are closed out of the market for the rest of the day the moment you make $4,000 of profit, and you can only trade again the next day. source
Drawdown Architecture: FundingPips vs FXIFY
The fundamental differentiator between FundingPips and FXIFY lies in how risk and liquidation thresholds are tracked:
FundingPips: Static Balance-Based
FundingPips applies a Static Balance-Based approach. Under this structure, your stop loss floor is anchored to balance intervals. This ensures that temporary floating open profits do not pull your stop loss floor higher in real-time.
FXIFY: Trailing Closed-Balance HWM (locks at start balance)
FXIFY implements a Trailing Closed-Balance HWM (locks at start balance) model. Open equity peaks will instantly adjust your maximum loss threshold tick-by-tick.
The Trader's Verdict: Which Firm Should You Choose?
Depending on your trading style, asset preference, and capital requirements, here is how our research team segments the two providers:
Choose FundingPips if you:
- Want Static Balance-Based risk management.
- Trade primarily MULTI-ASSET instruments with cTrader, Match-Trader, TradeLocker.
- Value Budget-focused algorithmic and manual traders who prioritize ultra-low challenge fees and weekly payout cycles.
- Want the ability to hold swing positions over weekends and economic news releases.
- Seek up to $2,000,000 in maximum scaling capital.
Choose FXIFY if you:
- Prefer Trailing Closed-Balance HWM (locks at start balance) execution terms.
- Trade MULTI-ASSET via MT4, MT5, DXtrade.
- Value Traders demanding on-demand Day 1 payouts with a trailing drawdown that locks to the starting balance after the first payout and no minimum trading days.
- Want flexible swing trading terms without time limits.
- Want access to starting entry fees at $99.