Fxify Rules and Regulations

News Trading

• News trading is allowed on 1-phase, 2-phase, and 3-phase accounts, during both the challenge and funded stages.
• Instant accounts cannot trade within 5 minutes before or after news events.

Account Management

• No multiple profile accounts – Creating more than one profile with FXIFY is not allowed.
• KYC compliance – Traders must complete KYC verification with both FXIFY and the payment provider, Rise, to activate their account.
• Prohibition on same-sized challenge accounts – You can’t trade on two challenge accounts of the same size at the same time.
• Computer ID (CID) policy – Sharing an account or using the same computer by multiple users may cause issues related to unauthorized access or KYC violations.

Crypto Trading

• Available only on MT4/MT5.
• Crypto trading is not allowed during weekends for instant accounts.

Withdrawal Drawdown Lock-in

• When you request a withdrawal, drawdown limits reset to the original starting balance.
• This reset may cause breaches for 1-step and 2-step accounts.

For 1-Step Accounts

• Starting Balance: $100,000
• Daily Drawdown: 5% ($95,000)
• Max Trailing Drawdown: 6% ($94,000)
• If you earn $6,000 and request a withdrawal, the reset will cause a breach of the $94,000 max trailing drawdown.
• Outcome: The withdrawal is completed, but the account is lost.

For 2-Step Accounts

• Starting Balance: $100,000
• Daily Drawdown: 4% ($96,000)
• Max Drawdown: 10% ($90,000)
• If you make a $10,000 profit and withdraw it, the drawdown reset will breach the $100,000 max drawdown rule.
• Outcome: The withdrawal goes through, but the account is forfeited.

Copy Trading

• Copy trading is allowed between FXIFY accounts and from FXIFY accounts to other platforms.
• To copy trades into FXIFY accounts, you must provide a trading statement.
• Copy trading is not allowed for instant funding and lightning accounts.

EAs

• EAs are allowed for 1-step, 2-step, and 3-step accounts (except for Dxtrade accounts).
• EAs are not allowed for instant funding and lightning accounts.

Minimum Trading Days

• You must trade at least 5 days for 1-step, 2-step, and 3-step accounts.
• For lightning challenges, the minimum is 3 days.
• No trading day requirement for instant accounts.

Inactivity

• If an account is inactive for 60 days, it will be deactivated.