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FXIFY

Fxify Launches $1 Million Monthly Trading Competition in April

Fxify has announced its April monthly trading competition, featuring a total prize pool of $1 million. This initiative offers traders an opportunity to compete for high-value challenge accounts.

The first prize is a $400,000 challenge account, followed by a $200,000 account for second place, and two $100,000 accounts for third and fourth place. Prizes extend down to the twelfth position, with $10,000 challenge accounts.

To participate, traders must adhere to specific rules: a maximum daily drawdown limit of 5% (based on the previous day's balance) and a maximum total drawdown of 10% (based on the initial balance). There is no minimum trading day requirement, and the use of Expert Advisors (EAs) is not permitted. Interested traders can join the competition via Fxify's platform.

For full details about this firm, visit the FXIFY page. If you want to understand how drawdown limits work in these accounts, check out our article on drawdown in prop trading. You can also browse the list of best prop firms that accept EAs to compare each firm's policies.

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FXIFY

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.

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FXIFY

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

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.

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FXIFY

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.*

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