Challenge at a Glance
Account Sizes
$5K, $50K, $100K, $400K
Challenge Price (from)
$39
Profit Target P1
10%
Profit Target P2
5%
Max Daily Loss
4%
Max Total Loss
10%
Min Trading Days
0 days
Time Limit
Unlimited
Payout Split
80%
Risk Management Calculator
Position sizing based on 1% risk per trade on a 1 standard lot EUR/USD position.
| Account Size | Daily Loss Limit | 1% Risk/Trade | SL (1 lot EURUSD) | Max Open Trades |
|---|---|---|---|---|
| $5,000 | $200 | $50 | 5 pips | 2 |
| $100,000 | $4,000 | $1,000 | 100 pips | 2 |
4-Week Strategy Framework
Week 1Foundation & Risk Mapping
Objective
Establish your rhythm and test position sizing without chasing the 10% target. Aim for 2-3% profit maximum while learning how your strategy performs under pressure. Map out exactly what 4% daily loss looks like in dollar terms and never get close to it.
Position Sizing
Start with 0.5-1% risk per trade maximum. With FXIFY's 4% daily loss limit, you can afford 4-8 small losses in one day theoretically, but never test this. Think of 2% daily loss as your real maximum.
Mindset
You're gathering intelligence, not making money yet. Every trade is data about how you perform under evaluation. The 10% target is meaningless if you blow the account in week 1. Focus on smooth equity curves over profits.
If Ahead
If you're up 2-3%, reduce size further and focus on maintaining gains. Don't let early success make you reckless - I've seen traders blow 8% accounts after strong week 1 performance.
If Behind
If you're down 2-3%, take a day off. Reset completely. Remember, unlimited time means this loss is irrelevant if you pass in month 2 or 3. Never chase losses with bigger size.
Week 2Controlled Aggression
Objective
Begin pushing toward the 10% target with slightly more aggressive sizing, aiming for 3-5% total profit this week. You should understand your daily patterns now and can start taking advantage of your best setups with more conviction.
Position Sizing
Increase to 1-2% risk per trade, but only on your highest probability setups. On lower conviction trades, stay at 0.5-1%. Never risk more than 3% in a single day across all positions - keep that 4% daily limit as an absolute emergency brake.
Mindset
This is where most traders fail - they get impatient. The 10% target seems close but it's not a race. Quality setups only. If you don't see A+ trades, wait. Unlimited time is your biggest advantage here.
If Ahead
If you're ahead 4-6% total, you can smell the Phase 2. Don't sprint to the finish line. Maintain your process and let the profits compound naturally. Never risk more than 2% daily when you're this close.
If Behind
Still behind after 2 weeks? This is normal. Most successful traders I know took 45-90 days on their first FXIFY challenge. Don't change your strategy, change your patience level. The market will give you your setups.
Week 3Target Acquisition
Objective
Push for the 10% target with calculated aggression. If you're not at 7-8% by end of week 3, prepare mentally for this being a longer campaign. Focus on your best trading sessions and maximum position size on only the strongest setups.
Position Sizing
Up to 2-3% per trade on perfect setups, 1% on good setups, skip everything else. Watch your daily exposure carefully - with 3% positions, you can only afford one bad trade before hitting danger zone near that 4% daily limit.
Mindset
Week 3 is decision time. Either you're closing in on 10% or you're settling in for a marathon. Both are fine. The worst thing you can do is panic and blow up when you're at 6-7%. I've seen traders lose 8% in one day trying to 'catch up' in week 3.
If Ahead
At 7-9%? You're in the kill zone. This is where discipline matters most. Take only the absolute best setups. 1-2 good trades will get you to Phase 2. Don't snatch defeat from the jaws of victory.
If Behind
Behind target but account healthy? Good. You're building the patience and risk management that will make Phase 2 easy. Most failed challenges die from impatience, not lack of skill.
Week 4Finishing Strong
Objective
Close out the 10% target with maximum precision. If you haven't hit it yet, reassess for a longer timeline. This week is about proving you can perform under pressure and finish what you started - crucial skills for Phase 2.
Position Sizing
If you're at 8-9%, reduce to 1-2% risk maximum. You're too close to get greedy. If you're at 5-6%, you can use 2-3% on perfect setups but remember - protecting what you have is more important than reaching 10% this month.
Mindset
Month 1 completion isn't mandatory - account survival is. I'd rather see you at 8% with perfect risk management than 10% with sloppy habits that will kill you in Phase 2. The habits you build here determine your funded account success.
If Ahead
At 9%+? Trade like your life depends on it. Minimum viable trades only. 1-2 more winners and you're in Phase 2. Don't let a 10% challenge become a restart because you took one trade too many.
If Behind
If you're at 4-6% after a month, you're actually in great shape. Most funded traders took 2-3 attempts minimum. Your risk management is clearly working. Stay the course, extend your timeline, and trust the process.
FXIFY Rule Guides
Frequently Asked Questions
Disclaimer: This guide is for informational and educational purposes only. It does not constitute financial advice or a guarantee of passing the FXIFY challenge. Challenge rules and pricing change regularly — always verify current terms at FXIFY's official website. Last updated: 2026-03-24.