Traders choosing between FTMO and FXIFY face a decision between proven reliability and aggressive pricing. FTMO charges $540 for their $100K challenge but offers 5% daily drawdown and bi-weekly payouts, while FXIFY's $59 entry fee comes with tighter 4% daily limits but no time restrictions. This comparison examines challenge costs, trading rules, payout structures, and platform reliability to help you determine which firm matches your trading style and budget.
F
FTMO
Est. 2015 · Prague, Czech Republic
4.8
40,000 reviews
VS
4 wins
5 ties
5 wins
F
FXIFY
Est. 2023 · London, UK
4.4
5,000 reviews
Feature
FTMO
FXIFY
Challenge Price ($100K)
$540
$59✓ Lower entry cost
Phase 1 Profit Target
10%
10%
Phase 2 Profit Target
5%
5%
Max Daily Loss
5%✓ More daily loss room
4%
Max Total Loss
10%
10%
Min Trading Days
4 days
0 days✓ More flexible
Time Limit (Phase 1)
30 days
No limit✓ No time limit
Payout Split
80% (up to 90%)
80% (up to 90%)
FTMO
Pros
+Most established and trusted brand in prop trading (est. 2015)
+Free retry policy if profit target met but other rule breached
+Strong payout track record — $500M+ total paid to traders
+Performance coaching and FTMO Academy included
Cons
−News trading restricted (2 min buffer around major events)
−Higher challenge prices than most competitors at same account sizes
−Scaling plan slower than rivals (25% increase every 4 months)
−Maximum initial allocation capped at $200K before scaling
FXIFY
Pros
+First payout on demand after closing first trade - no minimum days or targets
+Up to $400,000 starting capital with scaling up to $4M available
+No consistency rules, no stop loss required, weekend holding allowed
+EAs, Martingale & Grid strategies allowed with flexible trading conditions
+$35M+ already paid out to traders with highest single payout of $117,000
Cons
−Relatively new firm established in 2023 with shorter track record
−Higher leverage options require add-ons at checkout (up to 1:50)
−Some account customization features require additional fees
−Limited information on specific challenge pricing for larger accounts
Our Verdict
Which Should You Choose?
FXIFY suits aggressive traders and beginners willing to trade within tighter risk parameters. The $59 challenge cost versus FTMO's $540 makes it accessible for traders testing multiple strategies or those with limited capital. News traders benefit from FXIFY's unrestricted news trading and unlimited time limits, allowing for patient position management.
FTMO works better for established traders who need more daily drawdown room and faster payouts. The 5% daily loss limit versus FXIFY's 4% provides crucial breathing room for volatile strategies, while bi-weekly payouts beat FXIFY's on-demand structure for consistent income. FTMO's 8-year track record and 40,000 Trustpilot reviews offer greater operational confidence.
Choose FXIFY if challenge cost is your primary concern and you can trade within 4% daily limits. Choose FTMO if you need proven reliability, larger daily drawdown allowances, and can justify the higher upfront investment for better long-term trading conditions.
Choose FTMO if:
→Most established and trusted brand in prop trading (est. 2015)
→Free retry policy if profit target met but other rule breached
Disclaimer:This comparison is for informational purposes only. Prop firm rules change regularly — always verify current terms on each firm's official website before purchasing a challenge. This is not financial advice. Updated 2026-03-08.