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.