The5ers 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. The5ers' 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: The5ers 5%, FXIFY 4%.
- Minimum trading days: The5ers 3 days, FXIFY no minimum — this sets the earliest you can finish, however fast you hit the target.
- Entry cost: The5ers from $39, 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.
The5ers
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 | The5ers | FXIFY |
|---|---|---|
| Asset Class / Market | CFD | MULTI-ASSET |
| Drawdown Calculation Type | Static Balance-Based The total-loss cap is static — a fixed percentage of the starting balance that never trails — but the daily limit is recalculated every day off the previous day's close, so it is not a fixed dollar figure. |
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% 5% on High Stakes, measured off the higher of the previous day's closing balance or equity and reset at 00:00 UTC+3; Hyper Growth and Pro Growth use 3%, and the firm's own 2-Step Plan FAQ also states 3%. |
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% of the initial balance on High Stakes, fixed when the account opens and never trailing; Hyper Growth and Pro Growth stop out at 6%, and Bootcamp uses 5% on steps 1-3 and 4% once funded. |
10.0% 10% on the 2-Step; One Phase is 6%, Three Phase 5%, Instant Funding 8%, Lightning 4%. |
| Profit Split | 80% - 100% | 80% - 90% |
| Minimum Trading Days | 3 Days High Stakes needs 3 profitable days at Step 1, at Step 2 and again at every scaling step, where a profitable day means closed trades netting at least 0.5% of the initial balance. |
0 Days |
| News Trading Policy | ✓ New orders may not be executed from 2 minutes before to 2 minutes after high-impact news on the High Stakes programme; holding existing positions through news is allowed, and any profit made inside that window is deducted from the account and does not count toward the profit target | ✓ News trading allowed with zero time restriction windows |
| Weekend & Overnight Holding | ✓ Permitted (Overnight and weekend holding allowed with no restrictions) | ✓ Permitted (Weekend and overnight holding permitted across all account types) |
| Supported Platforms | MT5, cTrader, TradingView | MT4, MT5, DXtrade, TradingView |
| Payout Schedule | Bi-weekly or on-demand after 14 days | On-demand Day 1 payouts (bi-weekly thereafter) |
| First Payout Eligibility | 14 days from funding First withdrawal 14 days after the funded account is activated, then every 2 weeks from the last approved one, with $150 minimum profit required to request a payout. |
Day 1 (immediate upon passing and trading) |
| Consistency Rule | No restrictive lot-size or profit 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 | ✓ Native Swap-Free Option Native Swap-Free account option selectable upon registration with zero administration fee markups |
✓ 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 | $500,000 | $4,000,000 |
Where these figures come from. Read from The5ers' own published rules on : High Stakes daily/total loss mechanics and 00 · High Stakes minimum profitable days table and · Platform availability by residency · MetaQuotes platforms prohibited for US residen · Full banned-strategy list and the termination, · 14-day first withdrawal, 2-week cadence therea · Bootcamp per-step max loss (5% steps 1-3, 4% f · Hyper Growth / Pro Growth 6% stop-out and 3% d · 2-Step Plan daily loss limit stated as 3% of t. Prop firm rules change without notice — confirm on the firm's own site before you pay for an evaluation.
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.
- The5ers: You cannot open or close an order in the four-minute window running from two minutes before to two minutes after a high-impact news release, and if you do, the profit from it is taken off your account and does not count toward your target while the loss still counts against you. source
- The5ers: Copy trading, running an expert advisor whose source code you do not own, sharing or reselling your account, or paying someone to pass a challenge for you gets the account terminated, any profit or refund you were owed withheld, and you permanently banned from The5ers. source
- The5ers: Arbitrage, tick scalping, high-frequency trades lasting seconds, bracketing stop orders around news, hedging the same instrument across accounts, and gambling-sized or one-directional bets carry the same penalty: account closed, profit and refund forfeited, permanent ban. source
- The5ers: You must produce three separate profitable days, each closing at least 0.5% of your starting balance in profit, to clear Step 1, to clear Step 2 and again at every scaling step — hitting the profit target in one big day is not enough to pass. source
- The5ers: If you place no trades for 30 days in a row on an evaluation account, or 60 days in a row on a funded account, The5ers expires the account automatically and you lose it without breaking any trading rule. source
- The5ers: You cannot take any money out for the first 14 days after your funded account is activated, you need at least $150 of profit to request a payout, and after that each request comes two weeks after your last approved one. source
- 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: The5ers vs FXIFY
The fundamental differentiator between The5ers and FXIFY lies in how risk and liquidation thresholds are tracked:
The5ers: Static Balance-Based
The5ers 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 The5ers if you:
- Want Static Balance-Based risk management.
- Trade primarily CFD instruments with MT5, cTrader, TradingView.
- Value Traders looking for instant funding programs, low entry fee Bootcamps, and scaling that reaches $4,000,000 on Bootcamp (High Stakes and Hyper Growth both cap at $500,000).
- Want the ability to hold swing positions over weekends and economic news releases.
- Seek up to $500,000 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.