ℹ️This page may contain affiliate links. We earn a commission if you purchase through our links, at no extra cost to you. Learn more
Updated 2026-03-08
FXIFY vs For Traders: Which Prop Firm Is Better?
Traders choosing between FXIFY and For Traders face a decision between two 2023-founded prop firms with dramatically different pricing models and risk parameters. The core trade-off centers on FXIFY's $59 challenge fee versus For Traders' $399 entry cost for a $100K account, alongside differences in daily loss limits and profit split structures. This comparison examines their challenge requirements, payout terms, trading rules, and reliability metrics to help you determine which firm better matches your trading style and capital constraints.
F
FXIFY
Est. 2023 · London, UK
4.4
5,000 reviews
VS
7 wins
5 ties
2 wins
FT
For Traders
Est. 2023 · N/A
4.5
1,000 reviews
Feature
FXIFY
For Traders
Challenge Price ($100K)
$59✓ Lower entry cost
$399
Phase 1 Profit Target
10%
10%
Phase 2 Profit Target
5%✓ Easier to pass
7%
Max Daily Loss
4%
5%✓ More daily loss room
Max Total Loss
10%
10%
Min Trading Days
0 days✓ More flexible
3 days
Time Limit (Phase 1)
No limit
No limit
Payout Split
80% (up to 90%)✓ Higher starting split
70% (up to 90%)
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
For Traders
Pros
+48-hour reward guarantee with 100% profit split if delayed
+AI-powered coaching to help traders pass evaluations
+Multi-asset trading including crypto with weekend trading
+Customizable challenge rules based on trading strategy
+Raw spreads with low $2 per lot commissions
Cons
−Relatively new firm established in 2023
−Limited account size options compared to competitors
−News trading restricted to challenge phase only
−Maximum virtual capital allocation requires premium program qualification
Our Verdict
Which Should You Choose?
FXIFY suits cost-conscious traders, scalpers, and those who prefer immediate market entry flexibility. The $59 challenge fee removes the high barrier to entry that many traders face, while the 80% starting payout split and zero minimum trading days cater to aggressive scalpers and news traders who want maximum flexibility. However, the 4% daily loss limit requires tighter risk management compared to competitors.
For Traders appeals to well-capitalized swing traders who can absorb the $399 entry cost in exchange for more generous daily risk parameters. The 5% daily loss limit provides meaningful breathing room for position sizing, making it suitable for traders who hold positions through volatility. The trade-off is a lower 70% starting payout split and mandatory 3-day minimum trading requirement.
Bottom line: Choose FXIFY if you're testing prop trading without major upfront investment or trade with tight stops. Choose For Traders if you have adequate capital and need the extra daily loss cushion for your strategy. For most retail traders, FXIFY's pricing advantage outweighs For Traders' risk parameter benefits.
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 For Traders if:
→48-hour reward guarantee with 100% profit split if delayed
→AI-powered coaching to help traders pass evaluations
→Multi-asset trading including crypto with weekend trading
→Customizable challenge rules based on trading strategy
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.