Does FXIFY's Profit Target (Phase 1) include unrealized profits?

No, FXIFY's 10% profit target only counts closed trades and realized profits. Floating or unrealized profits do not contribute toward meeting the Phase 1 requirement. You must actually close positions to register progress toward the $10,000 target on a $100,000 account.

What happens if I breach the Profit Target (Phase 1)?

You cannot breach the profit target - it's a requirement to pass, not a limit to avoid exceeding. If you don't achieve the 10% profit target, you simply cannot progress to Phase 2 of FXIFY's evaluation. There's no time limit, so you can continue trading until you reach the required profit level.

Does FXIFY's profit target reset if I lose money after reaching it?

No, once you achieve the 10% profit target at FXIFY, it doesn't reset even if your account balance decreases afterward. If you reach $10,000 profit on a $100,000 account and then lose $2,000, you've still met the Phase 1 requirement. The target is a one-time achievement, not a maintained balance.

Is FXIFY's profit target calculated on balance or equity?

FXIFY's 10% profit target is calculated based on your initial account balance, and progress is measured by closed trade profits only. The calculation doesn't change based on current equity or floating positions. Your starting balance determines the fixed dollar amount needed - $5,000 profit for a $50,000 account, regardless of current equity levels.

Updated 2026-04-17

FXIFY Profit Target (Phase 1) Rule Explained

FXIFY

Quick Answer

FXIFY's Profit Target (Phase 1) requires traders to achieve 10% profit on initial account balance.

The target is calculated based on your starting account balance - for a $100,000 account, you need $10,000 in profit. Only closed trades count toward this target, not floating profits. Failing to reach this target means you cannot progress to Phase 2 of the evaluation.

Key Rule Details

Target

10%

Dollar Target ($100,000)

$10,000

Phase

Phase 1 only

Time Limit

None

Min Days

0 days

Calculation Example

Account Size: $100,000 — Profit Target (Phase 1): $10,000

Account Size	$100,000
Profit Target (Phase 1) Limit	$10,000
Scenario: Closed P&L	$6,000
Scenario: Floating P&L	$0
Total Exposure	$6,000
Remaining Buffer	$4,000

Limit used:60%

Common Mistakes

Counting Unrealized Profits

Traders often assume their floating profits count toward the 10% target and stop trading prematurely. Only closed trades contribute to the profit target at FXIFY. If you have $8,000 in closed profits and $3,000 in floating profits on a $100,000 account, you still need $2,000 more in actual closed profits to pass Phase 1.

Ignoring Risk Management

Some traders take excessive risks trying to quickly hit the 10% target, forgetting about FXIFY's 4% daily loss and 10% total loss limits. Taking a massive position to reach $10,000 profit on a $100,000 account could easily trigger a $4,000 daily loss breach first, ending the evaluation immediately.

Stopping at Exactly 10%

Traders sometimes close all positions immediately upon hitting exactly 10% profit without considering market conditions or ongoing trades. This can leave money on the table and doesn't provide a buffer for Phase 2's 5% target. Stopping at exactly $10,000 on a $100,000 account gives no cushion for potential losses in Phase 2.

Misunderstanding the Calculation Basis

Some traders mistakenly calculate the 10% target based on their current account balance instead of the initial balance. On a $100,000 FXIFY account, the target remains $10,000 even if your balance grows to $105,000 through profits. The target never changes from the original starting balance calculation.

Protection Strategies

Target 12-13% Instead of 10%

Aim for $12,000-$13,000 profit on a $100,000 account rather than stopping at exactly $10,000. This buffer protects against any potential calculation discrepancies and provides a comfortable margin above FXIFY's requirement. The extra 2-3% gives you confidence when transitioning to Phase 2.

Use 1% Risk Per Trade Maximum

Limit each trade to 1% risk of your account balance to steadily build toward the 10% target. On a $100,000 account, risk only $1,000 per trade, requiring roughly 10-15 winning trades to reach the target. This approach respects FXIFY's 4% daily loss limit while making consistent progress.

Set Profit Target Milestone Alerts

Create alerts at 25%, 50%, 75%, and 90% of your profit target to track progress systematically. For a $100,000 account, set alerts at $2,500, $5,000, $7,500, and $9,000 in closed profits. This prevents losing track of your progress and helps maintain consistent trading discipline throughout Phase 1.

Avoid Trading During High-Impact News

While FXIFY allows news trading, avoid major news events when close to your 10% target to prevent unexpected volatility from derailing your progress. If you have $8,500 profit on a $100,000 account, skip trading during NFP or FOMC announcements. The 10% target doesn't have a time limit, so patience protects your progress.

Related Rules

Profit Target (Phase 2)

→

Payout Split & Schedule

80% (up to 90%)

→

FXIFY Comparisons

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

Frequently Asked Questions

PropSize iOS App

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

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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.