TPThe Trading Playbook

Updated 2026-03-08

FXIFY EA & Bot Policy Rule Explained

FXIFY
Quick Answer

FXIFY allows all EAs and bots including Martingale and Grid strategies across all account phases.

The policy permits any automated trading system without restrictions on strategy type or complexity. This includes high-risk strategies like Martingale and Grid trading that are banned by many other prop firms. Traders must still comply with daily loss limits (4%) and total drawdown limits (10%) regardless of automation used.

Key Rule Details

EAs Allowed
Yes
Restrictions
EAs allowed, Martingale & Grid allowed
HFT
Prohibited at all firms
Arbitrage
Prohibited at all firms
Copy Trading
Not allowed

Calculation Example

Account Size: $100,000EA & Bot Policy: Allowed with conditions
Account Size$100,000
EA & Bot Policy LimitAllowed with conditions
Scenario: Closed P&LEA places 10 trades per day
Scenario: Floating P&LPermitted (no HFT/arbitrage)
Total ExposureNormal operation continues
Remaining BufferMonitor for prohibited strategies
Limit used:0%

Common Mistakes

Ignoring Risk Management Settings
Traders assume EA permissions mean unlimited risk-taking and fail to configure proper stop losses or position sizing in their bots. A Martingale EA on a $100,000 account could easily hit the 4% daily loss limit ($4,000) in minutes during volatile news events. The account gets terminated despite EAs being allowed because risk limits were exceeded.
Running Untested Grid Systems
Traders deploy complex Grid EAs without backtesting them against FXIFY's specific drawdown rules. A Grid bot opening multiple positions during trending markets can accumulate floating losses exceeding the 10% total loss limit ($10,000 on $100,000 account). The account fails even though the strategy itself was permitted.
Overleveraging Automated Strategies
Traders set aggressive lot sizes in EAs thinking automation reduces risk, but high-frequency trading bots can breach daily limits faster than manual trading. An EA risking 2% per trade with multiple simultaneous positions could hit the 4% daily limit within the first hour of trading.
Forgetting Weekend Gap Risk
Traders leave EAs running over weekends without gap protection, exposing positions to market opens that could instantly breach drawdown limits. A 200-pip gap against multiple open Grid positions on Monday could immediately trigger the 10% total loss rule before any recovery is possible.

Protection Strategies

Set EA Daily Loss Buffer at 3%
Configure your EA's maximum daily loss setting to 3% instead of FXIFY's 4% limit to create a safety margin. This gives you $3,000 daily risk on a $100,000 account rather than the full $4,000, protecting against slippage or rapid market moves that could breach the limit before your EA stops trading.
Limit EA Position Size to 0.5% Risk
Set individual trade risk in your EA to maximum 0.5% per position, allowing up to 8 trades before approaching the 4% daily limit. On a $100,000 account, this means $500 maximum risk per trade. This prevents single large losses from immediately breaching FXIFY's daily drawdown rule.
Enable Real-Time Drawdown Monitoring Alerts
Set up alerts when floating losses reach 7% of balance to manually intervene before hitting FXIFY's 10% total loss limit. This gives you a $3,000 warning buffer on a $100,000 account to either close positions or disable the EA. Most trading platforms allow custom equity-based alerts for this purpose.
Disable EAs During High-Impact News Events
Manually pause automated trading 30 minutes before and after major news releases to avoid unpredictable volatility that could trigger rapid drawdowns. High-impact events like NFP or FOMC can cause 100+ pip moves in seconds, potentially breaching both daily and total loss limits before your EA can react appropriately.

Related Rules

Maximum Daily Loss
4%
Maximum Total Loss
10%
Profit Target (Phase 1)
10%
Profit Target (Phase 2)
5%

FXIFY Comparisons

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Frequently Asked Questions

Disclaimer: This guide is for informational purposes only and does not constitute financial advice. Prop firm rules change regularly — always verify current terms on FXIFY's official website before purchasing a challenge. Updated 2026-03-08.