Find out the major disadvantages of FXIFY Proprietary Trading Firms and alternatives with lower fees and more security. Unbiased FXIFY Alternatives reviews.
So which Proprietary Trading Firms are better than FXIFY? Want to jump straight to the answer? FunderPro is the best alternative prop firm to FXIFY for January 2025 .

Overview

FXIFY is a London-based proprietary trading firm that provides traders with access to up to $400,000 in capital, which can be scaled up to $4 million. Co-founded in 2023 by David Bhidey and Peter Brown, FXIFY offers flexible assessment programs, including One-Phase and Two-Phase options.

Things we didn't like:

 Minimum Trading Days
 Trailing Drawdown

  Head to head With ...

Why would you want an alternative to FXIFY?

You might want an alternative to FXIFY if you're a newer trader or have a lower budget, as the minimum assessment fee of $175 could be high compared to other firms. The requirement of 5 minimum trading days may also be restrictive for traders looking for more flexibility. FXIFY's default monthly payout cycle could be a drawback for those wanting more frequent withdrawals, even though this can be reduced to bi-weekly with an add-on.

Additionally, the trailing drawdown on the one-phase evaluation and the low 5% maximum loss rule in the three-phase evaluation can be challenging for traders who prefer more lenient risk parameters. These factors might lead some traders to seek firms with lower costs, greater flexibility in evaluation rules, or more frequent payout options.

What other users do not like about FXIFY

FXIFY TrustPilot Customer Reviews, Feedback and Complaints

On Trustpilot, FXIFY has currently 2.4k number of reviews with a TrustScore (the overall measurement of reviewer satisfaction) of 4.30/5.00.

Main Complains according to the Users' Reviews
  • Horrible customer service
  • Terrible Spread

What to look for in a FXIFY Alternative?

When seeking an alternative to FXIFY, consider the following factors:

  • Lower Assessment Fees: Look for firms with more affordable assessment fees, which can be particularly important for newer traders or those with limited capital.
  • Flexible Trading Day Requirements: Find alternatives that offer fewer minimum trading days or none at all, providing greater flexibility in how you manage your trading.
  • Frequent Payout Options: Choose firms that offer more frequent payout cycles or flexible withdrawal options to better match your financial needs.
  • Less Restrictive Drawdown Rules: Seek firms with more lenient drawdown rules, avoiding stringent trailing drawdowns or low maximum loss limits, which can be less challenging and offer more room for risk management.
  • Comprehensive Evaluation Processes: Consider firms with different or more straightforward evaluation phases that align better with your trading style and risk tolerance.

These factors can help you find a prop trading firm that better fits your needs and trading strategy.

Best FXIFY alternatives – Proprietary Trading Firms like (or better than) FXIFY

Best FXIFY Alternatives

Rating breakdown

Challenge Assessment
90%
4.5/5
Support
100%
5.0/5
Trading Fees
100%
5.0/5
Payout Scheme
90%
4.5/5

Things we liked:

 Exclusive Discount Code (20% Off Exclusive Offer)
 Minimal rules & unlimited time for completion
 Two-part assessment leading to $200,000 in funding
 Scaling plan & fast-track funding opt

Things we didn't like:

 A Relatively New player in the funded account offering

#1
FunderPro Overview

Founded in Malta in late 2022 by a group of traders and investment managers, FunderPro was born out of the need to provide an opportunity for traders to be judged on their merit without pressure or unnecessary rules. FunderPro traders can trade in their own time, for as long as they want or need, there are no deadlines looming down nor petty restrictions to trip over.

Rating breakdown

Challenge Assessment
92%
4.6/5
Support
100%
5.0/5
Trading Fees
86%
4.3/5
Payout Scheme
86%
4.3/5

Things we liked:

 Unlimited evaluation free retries (Exclusive Refund Code 120%)
  No restrictions on trading style
  Overnight and weekend holding allowed
  A large variety of trading instruments

Things we didn't like:

 Consistency rule for express accounts
  No free trials available
  Minimum 5 trading days

#2
FundedNext Overview

In 2022, Next Ventures launched a new platform: FundedNext was live. The prop firm quickly made a name for itself by its generous capital allowance: a staggering $4 million was on the table for FundedNext traders who get to keep 90% of any profits made.

Rating breakdown

Challenge Assessment
80%
4.0/5
Support
90%
4.5/5
Trading Fees
80%
4.0/5
Payout Scheme
90%
4.5/5

Things we liked:

 Exclusive Discount Code (25% Off Exclusive Offer)
 Low challenge fees from $40
 Crypto trading available
 Offers scaling up to $2 million

Things we didn't like:

 Strict rules on news trading
 Limited payment options

#3
BlueBerry Funded Overview

Blueberry Funded is a proprietary trading firm offering sustainable challenges, advanced technology, and fast payouts. Backed by 20+ years of combined brokerage and prop firm experience, it provides top-tier trading conditions and long-term opportunities for traders. Traders can manage accounts up to $200,000 with profit splits up to 90%, trading forex, commodities, indices, and cryptocurrencies.

FXIFY Alternatives Frequently Asked Questions (FAQs):

Are there any sites like FXIFY?
Yes, there are many sites offering similar services to FXIFY. These include FunderPro, BlueBerry Funded, the5ers and many more. If you are looking for an alternative to FXIFY,  FunderPro is currently rank as the number one on the list of top Forex Prop Firms.
Who are FXIFY Top Competitors?
FXIFY 's top competitors in January 2025 are: FunderPro, FundedNext, BlueBerry Funded and more. FunderPro is currently rank as the number one on the list of top Forex Prop Firms.

Are you Satisfied with what They Offer?

Join FunderPro