FXIFY has shared a series of highly anticipated updates, which are going to roll out this December. Among the most exciting announcements is the launch of FXIFY’s Instant Funding Program, offering traders the opportunity to bypass the traditional evaluation phase and start trading live capital immediately.
The program offers account sizes ranging from $1,000 to $50,000, providing flexibility for traders at various experience levels. With leverage ratios of 50:1 on forex, 20:1 on commodities, 15:1 on indices, and 2:1 on cryptocurrencies, traders can access a variety of markets. The profit split is highly competitive, with up to 80% of profits going to traders.
However, the Instant Funding program comes with stricter risk management rules, including a maximum trailing drawdown of 8%. This rule is to maintain capital protection while giving traders the opportunity to grow their accounts.
Exciting Updates at FXIFY: Instant Funding & Futures Beta Launch
Additionally, FXIFY has announced the Open Beta Launch of its new Futures Trading Program, which is going to go live within the next few weeks. With over 100,000 traders already on the waitlist, the firm anticipates strong interest and participation in the beta phase.
FXIFY is also updating its 2-Phase Challenge. Effective November 24th, the program will shift from a static drawdown model to a trailing drawdown for all new accounts purchased after this date. Notably, existing 2-Phase Challenge accounts purchased before this date will not be affected by the change and will retain the static drawdown rules for both the challenge and funded stages.
These updates reflect FXIFY’s commitment to enhancing its offerings, providing traders with more opportunities and improved trading conditions.
About the Firm
FXIFY is a firm that identifies skilled traders by assessing their discipline, focus, and consistent risk management in the financial markets. Traders undergo evaluation through one of three funding programs: two-step, one-step, or three-step. Successfully completing the evaluation qualifies traders to earn profit splits.
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