
FXIFY Announces September Trading Competition with $1,000,000 in Prizes
FXIFY has officially opened the registration period for its September trading competition. Participants will have the opportunity to compete for a prize pool valued at $1,000,000 in challenge accounts. Registration must be completed before the end of August. Prize Distribution The firm will reward the top 12 traders who achieve the highest return percentage by the end of the month. Prizes consist of free challenge accounts distributed according to the final ranking: 1st Place: $400,000 Account 2nd Place: $200,000 Account 3rd & 4th Place: $100,000 Account each 5th & 6th Place: $50,000 Account each 7th & 8th Place: $25,000 Account each 9th & 10th Place: $15,000 Account each 11th & 12th Place: $10,000 Account each Competition Rules and Parameters To ensure a fair competition, FXIFY has established a set of operational and risk management rules that participants must strictly follow. Drawdown Limits The Maximum Daily Drawdown is limited to 5%, calculated based on the previous day's closing balance. Additionally, the Maximum Total Drawdown allowed is 10% of the initial account balance. Technical Restrictions EA Usage: The use of Expert Advisors or any type of automated trading bot is prohibited. Trading Days: There is no minimum trading day requirement to be eligible for prizes.














