Does FXIFY's Profit Target Phase 2 include unrealized profits?

No, FXIFY's Phase 2 profit target only counts closed trades toward the 5% requirement. Open positions with floating profits do not contribute to your target until the trades are closed and the profits are realized.

What happens if I breach the Profit Target Phase 2?

You don't breach the profit target rule - you simply haven't met the requirement yet. You continue trading until you achieve the 5% profit target or hit one of the loss limits (4% daily or 10% total). Failing to reach the target means you don't qualify for funding.

Does the Phase 2 profit target reset if I have a losing day?

No, the 5% profit target is cumulative and doesn't reset based on daily performance. Your progress toward the target is measured against your initial Phase 2 balance regardless of daily fluctuations, as long as you stay within the loss limits.

Is the profit target calculated on balance or equity?

FXIFY calculates the 5% profit target based on your initial Phase 2 account balance, not current equity. The target remains fixed at 5% of your starting balance throughout the entire Phase 2 evaluation period.

Updated 2026-04-17

FXIFY Profit Target (Phase 2) Rule Explained

FXIFY

Quick Answer

FXIFY's Phase 2 Profit Target requires achieving 5% profit based on initial Phase 2 account balance.

The 5% profit target is calculated from your initial Phase 2 balance and must be reached through closed trades only. Once achieved, you qualify for a funded account and can begin live trading with FXIFY's capital.

Key Rule Details

Target

Dollar Target ($100,000)

$5,000

Phase

Phase 2 only

Time Limit

None

Min Days

0 days

Calculation Example

Account Size: $100,000 — Profit Target (Phase 2): $5,000

Account Size	$100,000
Profit Target (Phase 2) Limit	$5,000
Scenario: Closed P&L	$3,000
Scenario: Floating P&L	$0
Total Exposure	$3,000
Remaining Buffer	$2,000

Limit used:60%

Common Mistakes

Counting Unrealized Profits

Traders assume floating profits count toward their 5% target, but FXIFY only recognizes closed trades. A trader with a $100,000 account showing $4,800 in closed profits plus $500 in open trades hasn't reached the $5,000 target yet.

Calculating From Current Balance

Some traders recalculate their 5% target based on their current balance instead of the initial Phase 2 balance. On a $100,000 account that's grown to $103,000, the target remains $5,000, not $5,150.

Stopping Just Before Target

Traders close positions at $4,900 profit on a $100,000 account, thinking they're close enough to pass. FXIFY requires the full $5,000 profit target to be achieved through closed trades before qualification occurs.

Ignoring Time Pressure Rush

As Phase 2 deadlines approach, traders increase risk dramatically to hit the 5% target quickly. This often leads to hitting the 4% daily loss limit or 10% total loss limit while chasing the profit target.

Protection Strategies

Target 6% Instead of 5%

Set your personal profit target at 6% rather than FXIFY's 5% requirement to create a buffer. On a $100,000 account, aim for $6,000 instead of $5,000 to account for potential drawdowns after reaching the minimum target.

Use 1% Risk Per Trade

Risk only 1% per trade to steadily build toward your 5% target without threatening the loss limits. On a $100,000 account, this means $1,000 risk per trade, requiring only 5-6 winning trades to reach the target.

Set Daily Profit Milestone Alerts

Create alerts at 1% profit intervals to track progress toward your 5% target. On a $100,000 account, set alerts at $1,000, $2,500, $4,000, and $5,000 to maintain awareness of your qualification progress.

Avoid Trading Final 3 Days

Stop active trading once you hit 4% profit with 3+ days remaining in Phase 2. This prevents last-minute losses that could jeopardize your progress, as you only need 1% more profit with reduced risk exposure.

Related Rules

Profit Target (Phase 1)

10%

→

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

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.