Prop trading has revolutionized the way forex traders grow their capital and hone their skills, offering access to high-value accounts, fast payouts, and professional trading environments. Among the leading names for 2024, FundedFirm and FXIFY are bolstering traders’ journeys with distinct programs and benefits. Below is an expert comparison to help you find the right platform for your trading style and goals.
Why Funded Accounts Are a Game Changer
With funded trading, your trading ability—not your bank balance—becomes the key to scaling up. Prop firms like FundedFirm and FXIFY let you access substantial capital after passing fair evaluations, manage your risk professionally, and keep an attractive portion of your trading profits. This model opens the door to real professional growth and reduces the barriers for passionate, skilled traders worldwide.
For a deeper understanding of how these programs work, see FundedFirm’s thorough guide on what are prop firms?
FundedFirm vs. FXIFY: Core Comparison
Feature | FundedFirm | FXIFY |
Account Types | 1-step (10%), 2-step (8%/5%) evaluation | One-phase, 3-phase, instant funding, and more |
Max Account Size | $5,000–$100,000 | Up to $400,000 |
Profit Split | 90%-100% (starts at 90%, reaches 100%) | Up to 90% |
Leverage | Up to 1:100 (varies by instrument) | Standard 30:1, customizable to 50:1 (FX & Gold) |
Payout Speed | Typically within 24 hours | Payout on demand—no minimum or maximum, as early as the first funded trading day |
Minimum Trading Days | 5 days (each evaluation phase) | No minimum for instant/one-phase programs; up to 14 for others |
Platform | MetaTrader 5 | MetaTrader 5, plus customization options |
Special Features | Unlimited time for challenges, transparent rules | On-demand payouts, instant funding options, program customization, no minimum payout, no hidden fees |
Support | 24/7 support, global trader community | 24/5 professional support, global reach, strong fintech backing |
Trading Style | Manual trading, news and weekend trades allowed | Full flexibility—custom programs, futures options |
Why Choose FundedFirm?
- Industry-leading profit splits: Earn up to 100% of your profits as your track record grows.
- Unlimited evaluation time: Trade at your own pace—ideal for developing a consistent, disciplined strategy without pressure.
- Ultra-fast payouts: Most withdrawals processed within a business day.
- Manual mastery: Suits traders who value discretion and direct control over their trades.
- Transparency first: Clear rules, no hidden fees, and professional service every step of the way.
For more on FundedFirm’s advantages and program details, visit the FundedFirm main website.
Why Choose FXIFY?
- Bigger and more flexible accounts: Access up to $400,000 in capital, with the ability to tailor account features to your trading needs.
- Instant funding: Confident traders can skip evaluations and get started right away.
- On-demand, unrestricted payouts: Request your first payout instantly from your funded account—no minimums required.
- Multiple program types: Choose between lightning-fast, affordable challenges or standard multi-phase evaluations.
- Full customization: Adjust leverage, payout schedules, and more when signing up.
- Diverse trading opportunities: Trade forex, indices, oil, stocks, crypto, and even futures with institutional-grade conditions.
Who Is Each Firm Best For?
Choose FundedFirm if you want one of the fastest payout structures in the industry, the potential for a 100% profit split, and a straightforward, no-rush path to consistent profits. It’s ideal for traders who thrive under clear rules and value professional-grade manual trading.
FXIFY shines if you seek instant funding, want full flexibility in account type and customization, and appreciate the freedom to request payouts as soon as you’re ready. It’s also a strong choice if you plan to trade larger accounts or want access to a broader set of markets and strategies.
The Real Secret: Your Consistency
Whether you go with FundedFirm or FXIFY, long-term funded trading success will always depend on disciplined risk management and a measured, consistent approach in any market condition. For more guidance, program FAQs, and inspiring trader stories, FundedFirm’s resource center remains a trusted reference for professionals and aspiring traders alike.
Are you ready to level up your trading?
Review both programs, play to your strengths, and explore FundedFirm’s funding options to start your journey with a prop firm that matches your ambition!