Does FXIFY's EA & Bot Policy include Martingale and Grid strategies?

Yes, FXIFY explicitly allows Martingale and Grid strategies along with all other EAs and automated trading systems. This makes them more permissive than most prop firms that typically ban these high-risk strategies. However, you must still comply with the 4% daily loss and 10% total drawdown limits.

What happens if I breach the EA & Bot Policy?

There is no specific breach for the EA policy since all automated strategies are allowed. However, EAs that cause you to exceed the 4% daily loss limit or 10% total drawdown will result in account termination. The breach occurs from violating risk management rules, not from using automation itself.

Can I run multiple EAs simultaneously on my FXIFY account?

Yes, you can run multiple EAs at the same time since there are no restrictions on the number or type of automated strategies. However, you must ensure the combined risk exposure from all EAs doesn't breach the daily loss or total drawdown limits. Consider reducing individual position sizes when using multiple systems.

Do EA losses count toward my daily loss limit in real-time or at market close?

EA losses count toward your daily loss limit in real-time based on floating equity, not just closed positions. If your EAs create unrealized losses that push your account below the 4% daily threshold, the account will be breached immediately. Monitor open positions continuously rather than waiting for EA closure signals.

Updated 2026-04-17

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 strategy without restrictions on algorithm type or trading frequency. This includes high-risk strategies like Martingale and Grid trading that are typically banned by 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: $100,000 — EA & Bot Policy: Allowed with conditions

Account Size	$100,000
EA & Bot Policy Limit	Allowed with conditions
Scenario: Closed P&L	EA places 10 trades per day
Scenario: Floating P&L	Permitted (no HFT/arbitrage)
Total Exposure	Normal operation continues
Remaining Buffer	Monitor for prohibited strategies

Limit used:0%

Common Mistakes

Ignoring Risk Management Settings

Traders assume EA permission means unlimited risk and run bots without proper stop losses or position sizing. A Martingale EA on a $50,000 account can easily trigger the 4% daily loss limit ($2,000) in minutes during volatile news events. The account gets breached despite EAs being allowed because risk management rules still apply.

Over-Leveraging Grid Strategies

Traders deploy grid bots with excessive position sizes, forgetting about the 10% total loss limit. A grid strategy opening multiple 2% risk positions can accumulate to 8-10% drawdown quickly during trending markets. This breaches the maximum total loss rule even though grid strategies are explicitly permitted.

Running Multiple EAs Simultaneously

Traders activate several EAs thinking more automation equals better results, but overlapping trades compound risk exposure. Three different EAs each risking 2% can create 6% total exposure, easily triggering the 4% daily loss limit if trades move against them. The individual EAs are allowed but combined risk management becomes uncontrollable.

Weekend Gap Exposure

Traders leave EAs running over weekends without considering gap risk from automated positions. A Martingale EA holding multiple positions can face significant losses from Sunday gap openings, immediately breaching the daily loss limit before markets stabilize. EAs don't pause for weekend risk like manual traders do.

Protection Strategies

Set Conservative Daily Loss Buffer

Configure EAs to stop trading at 3% daily loss instead of the full 4% limit to account for slippage and gap risk. This 1% buffer protects against sudden market moves that could push losses beyond the threshold before the EA can react and close positions.

Limit Position Size Per EA

Restrict each automated strategy to maximum 1% risk per trade when running multiple EAs or grid systems. This ensures even if several positions move against you simultaneously, total exposure stays within the 4% daily limit while allowing multiple strategies to operate safely.

Implement Real-Time Drawdown Monitoring

Set up alerts when account drawdown reaches 7% to manually intervene before hitting the 10% total loss limit. This gives you a 3% buffer to assess EA performance and disable problematic strategies before account termination occurs.

Disable EAs During High-Impact News

Automatically pause all automated trading 30 minutes before and after major economic announcements despite news trading being allowed. EAs can't interpret fundamental context and may execute poorly timed entries during extreme volatility, risking rapid drawdown.

Related Rules

Profit Target (Phase 1)

10%

→

Profit Target (Phase 2)

→

FXIFY Comparisons

Fundednext vs Fxify Ftmo vs Fxify Fundingpips vs Fxify The Funded Trader vs Fxify

Frequently Asked Questions

PropSize iOS App

Position sizing without the spreadsheet.

Firm rules built in

FTMO, FundedNext and FundingPips pre-loaded. No manual entry.

Remembers your session

Last firm, account size, and instrument saved between opens.

Works offline

Calculate positions without internet. Gold contract sizes handled.

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 2026-04-17.