/
 Login
Breaking
FundingPips launches Labs 004 Ultimate: a one-step $25,000 account with unlimited daily rewardsUpcomers brings Horizon to futures: a one-step evaluation with no consistency ruleE8 Markets rebuilds its E8 Terminal with Trader Score, journaling and a News WireFinotive drops one-sided trading and volume limits on Instant Funding Standard and LiteLark Funding adds XAUUSD247 for 24/7 gold tradingHola Prime Publishes 12 Months of Payout Data Reviewed by DeloitteIceberg Launches 1-Step Pro: One-Phase Evaluation With a 12% Target From $35Leveraged launches Instant and Nitro, two accounts with no evaluationBlueberry Funded launches its first synthetic indices competitionFunded Trader Markets Launches FTM Perps with 24/7 Trading on 293 MarketsFundedNext Cuts Minimum Trading Days to 2 Across All Stellar Lite Payout CyclesFinotive Funding raises leverage on FX, indices, metals and cryptoOneFunded launches a free 14-day trial with a simulated $100,000 accountHola Prime switches 2-Step Fly Maximum Loss Limit to intraday trailing in Sim. FundedIQ Capital launches a trading competition with $200,000 in prizes
All news
FXIFY

FXIFY Announces $1M Monthly Trading Competition with Challenge Account Prizes

drawdownprop firmtrading contesttrading challenge

FXIFY has officially launched its call for the July trading competition, offering participants the chance to compete for a share of a $1,000,000 prize pool in challenge accounts.

Prize Distribution

The top twelve traders on the leaderboard will receive funding accounts of various sizes based on their performance:

  • 1st Place: $400,000 Account
  • 2nd Place: $200,000 Account
  • 3rd and 4th Place: $100,000 Account each
  • 5th and 6th Place: $50,000 Account each
  • 7th and 8th Place: $25,000 Account each
  • 9th and 10th Place: $15,000 Account each
  • 11th and 12th Place: $10,000 Account each

Competition Rules and Conditions

To ensure proper risk management and a fair competitive environment, the firm, following its inaugural $1M monthly trading competition, has established strict operational parameters that all participants must follow.

Drawdown Limits

  • Max Daily Drawdown: 5% (based on the previous day's balance).
  • Max Total Drawdown: 10% (based on the initial balance).

Technical and Operational Restrictions

  • EA Usage: The use of Expert Advisors or automated trading bots is not permitted.
  • Trading Days: There is no minimum trading day requirement to qualify.
  • Status: The competition is starting soon and registrations are now open.

Published on

FXIFY

View profile All its news
Leveraged

60%

Visit web
FXIFY

40%off

The community

Join us on our mission to become the most influential family in funded trading.

Join the Discord
Free newsletter

Don't miss anything

Promotions, news and funded trading analysis straight to your inbox.

No spam. Unsubscribe anytime.

More FXIFY news

FXIFY Launches Rewards Program in FXIFY Hub

FXIFY launches FXIFY Rewards in FXIFY Hub. Traders earn Coins and XP for their activity to redeem for discounts, prizes, and climb the global leaderboards.

loyalty programpayouts

FXIFY Announces September Trading Competition with $1,000,000 in Prizes

FXIFY opens registration for its September trading contest with $1M in prizes. Top 12 win challenge accounts. Sign up before the end of August.

trading contestdrawdown

FXIFY Celebrates 3rd Anniversary with New 2-Phase Pro Account and Exclusive Discounts

FXIFY, the renowned prop trading firm, is celebrating its third anniversary with the launch of an innovative 2-Phase Pro account and a series of exclusive promotions. These initiatives aim to offer traders new and improved opportunities to access trading capital under favorable conditions. Learn all its features in our FXIFY review. Introducing the New 2-Phase Pro Account To mark its third year in the market, FXIFY is introducing its new 2-Phase Pro option, designed to provide traders with a flexible evaluation path featuring highly requested characteristics. This account is available in significant sizes, up to $250,000. Key Features The 2-Phase Pro program incorporates key elements designed to optimize the trader's experience: Static Drawdown: Offers greater predictability in risk management. No Consistency Rule: Provides increased operational freedom, allowing traders to execute strategies without regular trading constraints. Account Sizes up to $250,000: Offers substantial funding options for ambitious traders, with initial sizes of $25,000 and $100,000 also available. Key Evaluation Rules The path to funding through the 2-Phase Pro program sets clear criteria for traders to demonstrate their skill: Phase 1 Profit Target: 4%. Daily Loss Limit: 4% of the initial balance. Phase 2 Profit Target: 8%. Minimum Trading Days: 3 days in each phase. Exclusive Anniversary Offers To celebrate this significant milestone, FXIFY has launched a series of attractive, limited-time promotions. Don't miss other active industry promotions. 33% Off All Programs Traders can take advantage of a 33% discount on the purchase of any FXIFY evaluation program, including the newly launched 2-Phase Pro. To apply the discount, the promotional code FXIFY3 must be used at checkout. $3 Million Giveaway and Free Pro Accounts Additionally, FXIFY is hosting a $3,000,000 giveaway. Every challenge purchase made before the deadline automatically grants an entry into the raffle. Participants have the chance to win a free 2-Phase Pro account of up to $250,000. Deadline All these offers and the opportunity to participate in the giveaway end on May 31st at midnight EST. Important Note: The discount offer and giveaway exclude the Instant Funding Lite program.*