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Updated 2026-03-08
The Funded Trader vs FXIFY: Which Prop Firm Is Better?
Traders choosing between The Funded Trader and FXIFY face a classic trade-off between entry cost and challenge difficulty. FXIFY's $100K challenge costs just $59 compared to The Funded Trader's $489, but comes with a higher 10% profit target versus 8%. The Funded Trader eliminates daily drawdown limits entirely, while FXIFY caps daily losses at 4%. This comparison examines the key differences in pricing, rules, and scaling potential to help you determine which firm aligns with your trading style and budget.
TF
The Funded Trader
Est. 2021 · Fort Lauderdale, USA
3
22,000 reviews
VS
3 wins
9 ties
2 wins
F
FXIFY
Est. 2023 · London, UK
4.4
5,000 reviews
Feature
The Funded Trader
FXIFY
Challenge Price ($100K)
$489
$59✓ Lower entry cost
Phase 1 Profit Target
8%✓ Easier to pass
10%
Phase 2 Profit Target
None (single-phase)✓ Single-phase evaluation
5%
Max Daily Loss
No limit✓ No daily loss limit
4%
Max Total Loss
N/A
10%
Min Trading Days
0 days
0 days
Time Limit (Phase 1)
No limit
No limit
Payout Split
N/A
80% (up to 90%)
The Funded Trader
Pros
+Multiple challenge types including one-step and three-step evaluations
+High maximum funding allocation up to $2.5M across different challenges
+VIP program offering up to 95% payout split
+News trading allowed on most challenges
+Fast payout eligibility in as little as 7 days on some challenges
Cons
−Simulated trading environment only, not real money trading
−Limited account size options shown in comparison table
−Proprietary technology monitoring may restrict some trading styles
−Maximum concurrent funded account limit of $600K
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 wins for budget-conscious traders and those comfortable with stricter risk management rules. The $59 entry cost for a $100K challenge is exceptional value, and the 4.4/5 Trustpilot rating from 5,000 reviews suggests strong trader satisfaction. The higher scaling potential to $4M also appeals to long-term growth-focused traders.
The Funded Trader suits aggressive traders who need maximum flexibility, particularly scalpers and high-frequency traders who benefit from no daily loss limits. The single-phase 8% target is more achievable than FXIFY's two-phase structure (10% then 5%), though the $489 entry cost is 8x higher.
For most traders, FXIFY offers better value despite the tougher rules. The cost difference is too significant to ignore unless you specifically need unlimited daily drawdown or struggle with two-phase evaluations.
Choose The Funded Trader if:
→Multiple challenge types including one-step and three-step evaluations
→High maximum funding allocation up to $2.5M across different challenges
→VIP program offering up to 95% payout split
→News trading allowed on most challenges
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.