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FXIFY

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

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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.

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More FXIFY news

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

FXIFY launches its July trading competition with $1M in prizes. The top 12 traders will earn funding accounts up to $400,000. Registration is now open.

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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.*

Fxify Unveils $1M Monthly Trading Competition

Fxify is excited to announce the launch of its May Monthly Trading Competition, offering traders the chance to vie for a share of an impressive $1 million prize pool. This event is designed to test trading skills and reward the most successful participants. If you want more context about the firm, you can also review our FXIFY review. FXIFY's $1M Monthly Trading Competition FXIFY's May competition invites traders of all levels to demonstrate their market prowess. With a generous prize pool, the firm aims to identify and acknowledge trading talent by providing challenge accounts to the top performers. This is a unique opportunity to advance your trading career and operate with significant capital. This update also fits FXIFY's recent track record of competitions, including its earlier April monthly trading competition. Prize Pool Details The top 12 traders will be rewarded with high-value challenge accounts, distributed as follows: First Place: $400,000 Challenge Account Second Place: $200,000 Challenge Account Third Place: $100,000 Challenge Account Fourth Place: $100,000 Challenge Account Fifth Place: $50,000 Challenge Account Sixth Place: $50,000 Challenge Account Seventh Place: $25,000 Challenge Account Eighth Place: $25,000 Challenge Account Ninth Place: $15,000 Challenge Account Tenth Place: $15,000 Challenge Account Eleventh Place: $10,000 Challenge Account Twelfth Place: $10,000 Challenge Account Key Competition Rules To ensure a fair and structured competition, FXIFY has established the following essential trading rules: 5% Max Daily Drawdown (based on previous day balance) 10% Max Total Drawdown (based on initial balance) 0 Minimum Trading Days (no minimum trading day requirement) EAs Are Not Allowed (trading must be manual) The competition is starting soon. If you are ready to face the challenge and compete for one of these prestigious challenge accounts, make sure to join now! You may also want to see another recent FXIFY expansion, such as FXIFY Instant Funding Lite.