Everything you need to clear a FXIFY evaluation — the drawdown, daily loss, consistency and minimum-day rules — and a free way to check whether your trading is actually ready before you pay the fee.
FXIFY runs a trailing maximum drawdown — the limit follows your highest balance (or equity) upward, so banked profit raises the floor you must stay above. This is the type that catches most traders out. Getting the drawdown maths wrong is one of the most common reasons traders fail an evaluation, so it pays to know exactly how yours is measured before you start.
To clear FXIFY you need to respect a daily loss limit of 4% of your account, stay within the 10% maximum drawdown, satisfy no published consistency rule, so your profit can come from a small number of strong days, and complete a minimum of 4 days of trading activity before you can request a payout/funded account. Most failed challenges come down to one or two of these rules — usually the drawdown type and the consistency requirement — rather than a lack of profitability.
Traxent bakes FXIFY's published rules into a readiness score. Log your trades (or practise in the sim journal) and Traxent tells you, rule by rule, whether you'd currently pass — and which of at least 16 firms you track fits your style best.
Check my readiness Compare at least 16 firmsFXIFY uses a trailing maximum drawdown — the limit follows your highest balance (or equity) upward, so banked profit raises the floor you must stay above. This is the type that catches most traders out. The maximum drawdown is 10%.
FXIFY has a daily loss limit of 4% of your account. Breaching it ends the evaluation, so position sizing and a daily stop are essential.
FXIFY has no published consistency rule, so your profit can come from a small number of strong days. Traxent scores how evenly your profit is distributed so you can see whether you'd pass this rule before attempting the challenge.
FXIFY requires a minimum of 4 days of trading activity before you can request a payout/funded account. Traxent tracks your logged trading days against this automatically.
No. Traxent is an independent education and readiness tool. The FXIFY rules shown here are summarised from FXIFY's publicly published documentation and may change — always confirm the current rules on the firm's own site before purchasing an evaluation.
Rules summarised from FXIFY's publicly published documentation and are subject to change; figures are indicative and may vary by account size or program. Always confirm current rules on FXIFY's official website before purchasing an evaluation. Traxent is an independent educational tool, is not affiliated with, endorsed by or connected to FXIFY, and does not provide financial advice. Trading involves risk.