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Updated 2026-03-08
FXIFY vs FundedElite: Which Prop Firm Is Better?
Traders choosing between FXIFY and FundedElite face a fundamental decision between structured evaluation versus flexible trading conditions. FXIFY offers a traditional two-phase challenge with comprehensive platform support and clear rules, while FundedElite provides a single-phase evaluation with no daily loss limits or minimum trading requirements. This comparison examines their evaluation structures, trading restrictions, platform offerings, and payout terms to help you determine which firm aligns with your trading style and risk management approach.
F
FXIFY
Est. 2023 · London, UK
4.4
5,000 reviews
VS
4 wins
7 ties
3 wins
F
FundedElite
Est. 2023 · N/A
4.3
200 reviews
Feature
FXIFY
FundedElite
Challenge Price ($100K)
$59
N/A
Phase 1 Profit Target
10%
N/A
Phase 2 Profit Target
5%
None (single-phase)✓ Single-phase evaluation
Max Daily Loss
4%
No limit✓ No daily loss limit
Max Total Loss
10%
N/A
Min Trading Days
0 days
None✓ No minimum
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
FundedElite
Our Verdict
Which Should You Choose?
FXIFY suits structured traders who prefer clear guidelines and comprehensive platform options. With MT4, MT5, and DXtrade support plus allowed news trading, it's ideal for strategy-diverse traders and those using expert advisors. The 4.4/5 Trustpilot rating from 5,000 reviews demonstrates established credibility, though traders must navigate a 5% Phase 2 profit target and 4% daily loss limits.
FundedElite appeals to aggressive traders who need maximum flexibility. The single-phase evaluation with no daily loss limits or minimum trading days removes common stumbling blocks that trip up funded traders. However, limited available information about platforms and policies creates uncertainty.
For most traders, FXIFY offers the better overall package. The established track record, transparent rules, and multiple platform options outweigh FundedElite's flexibility advantages, especially given FundedElite's sparse review base of only 200 Trustpilot reviews.
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
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.