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Updated 2026-03-08
FXIFY vs BrightFunded: Which Prop Firm Is Better?
Traders choosing between FXIFY and BrightFunded face a classic trade-off between affordability and trading flexibility. FXIFY's $59 challenge fee versus BrightFunded's $558 creates nearly a 10x cost difference for the same $100K account size, while BrightFunded counters with more forgiving daily loss limits and lower profit targets. Both firms launched in 2023 and maintain identical 4.4/5 Trustpilot ratings, making their rule differences the primary deciding factor. This comparison examines how their challenge structures, payout terms, and trading restrictions align with different trader profiles and strategies.
F
FXIFY
Est. 2023 · London, UK
4.4
5,000 reviews
VS
5 wins
6 ties
3 wins
B
BrightFunded
Est. 2023 · Dubai, United Arab Emirates
4.4
1,500 reviews
Feature
FXIFY
BrightFunded
Challenge Price ($100K)
$59✓ Lower entry cost
$558
Phase 1 Profit Target
10%
8%✓ Easier to pass
Phase 2 Profit Target
5%
5%
Max Daily Loss
4%
5%✓ More daily loss room
Max Total Loss
10%
10%
Min Trading Days
0 days✓ More flexible
5 days
Time Limit (Phase 1)
No limit
No limit
Payout Split
80% (up to 90%)
N/A
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
BrightFunded
Pros
+15% evaluation profit reward on all evaluation phase profits
+Lightning-fast payouts guaranteed within 24 hours
+Scale to unlimited account size with up to 100% profit split
Cons
−Relatively new firm established in 2023 with limited track record
−Higher challenge fees for larger account sizes compared to some competitors
−Limited platform options compared to some established firms
Our Verdict
Which Should You Choose?
FXIFY suits cost-conscious traders and those requiring maximum flexibility in their approach. The $59 challenge fee removes financial barriers for new traders, while zero minimum trading days and explicit EA/news trading permissions benefit algorithmic traders and scalpers. The 10% Phase 1 target demands stronger performance, but the low entry cost allows multiple attempts without significant capital risk.
BrightFunded better serves traders who prioritize forgiving challenge conditions over cost savings. The 8% Phase 1 target and 5% daily loss limit create more room for trading mistakes, while weekly payouts provide predictable income flow. However, the $558 entry fee and 5-day minimum trading requirement restrict access and strategy flexibility.
For most traders, FXIFY's combination of low cost and high flexibility outweighs BrightFunded's easier targets, especially given both firms' identical trust ratings and similar profit splits.
Choose FXIFY if:
→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
Choose BrightFunded if:
→15% evaluation profit reward on all evaluation phase profits
→Lightning-fast payouts guaranteed within 24 hours
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.