Funding Pips & FXIFY Two-step Comparison
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Welcome to our comparison between Funding Pips and FXIFY, where we will compare all the major aspects of each company. We will be looking into the companies themselves as well as the two-step evaluations that both offer to traders from all across the globe.
Company Details
| Company Details | Funding Pips | FXIFY |
|---|---|---|
| Incorporation Date | August 2022 | May 2023 |
| CEO | Khaled Ayesh | David Bhidey & Peter Brown |
| Office Location | Dubai, United Arab Emirates | London, UK |
| Scaling Plan |  | |
Funding Pips and FXIFY are two reputable and trustworthy proprietary trading firms. Funding Pips was incorporated in August 2022 while being managed by their CEO, Khaled Ayesh. They have their offices located in Dubai, United Arab Emirates. FXIFY, on the other hand, was incorporated in May 2023 while being managed by its co-founders, David Bhidey and Peter Brown. Additionally, their offices are also located in London, UK.
Funding Program Options
| Funding Program Options | Funding Pips | FXIFY |
|---|---|---|
| One-step Evaluation | | |
| Two-step Evaluation | | |
| Three-step Evaluation | | |
Funding Pips provides their traders with an opportunity to choose between three funding programs to acquire funding, a two-step evaluation, a one-step evaluation, and a three-step evaluation. FXIFY, on the other hand, allows its traders to choose between three funding programs to acquire funding, a two-step evaluation, a one-step evaluation, and a three-step evaluation.
Two-step Comparison
| Trading Objectives | Two-Step Evaluation | Two-Phase Evaluation |
|---|---|---|
| Profit Target (Phase 1) | 8% | 10% |
| Profit Target (Phase 2) | 5% | 5% |
| Maximum Daily Loss | 5% (Scaleable up to 7%) | 5% |
| Maximum Loss | 10% (Scaleable up to 14%) | 10% |
| Minimum Trading Days | No Minimum Trading Days | 5 Calendar Days |
| Maximum Trading Period | Phase 1: Unlimited Phase 2: Unlimited | Phase 1: Unlimited Phase 2: Unlimited |
| Leverage | 1:100 | 1:30 (1:50 with Add-on) |
| Profit Split | 80% up to 90% | 75% (90% with Add-on) |
After covering the trading objectives of each company’s two-step evaluations, let’s take a look at the account sizes and costs of these two-step evaluations.
| Account Size | Two-Step Evaluation | Two-Phase Evaluation |
|---|---|---|
| $5,000 | $36 |  |
| $10,000 | $66 | $75 |
| $15,000 | | $99 |
| $25,000 | $156 | $175 |
| $50,000 | $266 | $325 |
| $100,000 | $444 | $475 |
| $200,000 | | $999 |
| $400,000 | | $1,999 |
Brokers & Trading Platforms
Now that we have addressed the trading objectives, account sizes, and costs associated with Funding Pips and FXIFY, it’s time to examine the brokers and trading platforms compatible with each proprietary trading entity.
| Funding Pips | FXIFY | |
|---|---|---|
| Broker | Tier-1 Liquidity Provider with Best Simulated Real Market Trading Conditions | FXPIG |
| Trading Platform | Match-Trader, cTrader, TradeLocker | MetaTrader 4, MetaTrader 5, DXtrade |
Trading Instruments
Another important aspect to compare between proprietary trading firms is trading instruments. In the spreadsheet below, you will be able to learn which trading instrument types can be traded with Funding Pips and which with FXIFY.
| Trading Instrument | Funding Pips | FXIFY |
|---|---|---|
| Forex Pairs | | |
| Commodities | | |
| Indices | | |
| Stocks | | |
| Cryptocurrencies | | |
Community Feedback
The last topic we will cover is community feedback from Funding Pips and FXIFY. The statistics are taken from the Trustpilot page of each of the mentioned companies.
| Trustpilot Statistics | Funding Pips | FXIFY |
|---|---|---|
| Rating | 4.4/5 | 4.3/5 |
| Number of Reviews | 13,635 | 2,382 |
| 5-Star Ratings | 80% | 80% |
Funding Pips has an excellent rating of 4.4/5. This is out of a total of 13,635 reviews, where 80% of them are rated as 5 stars. FXIFY, on the other hand, also has an excellent rating of 4.3/5. However, this is out of a total of 2,382 reviews, where 80% of them are rated as 5 stars.
Conclusion
In conclusion, Funding Pips and FXIFY are two incredible choices within the proprietary trading firm industry. We can clearly see there are numerous differences within the compared proprietary trading firms, such as trading objectives, account sizes, costs, and community feedback. In addition, there is also a major difference within the funding programs that each of the companies are offering. Funding Pips has a two-step evaluation, a one-step evaluation, and a three-step evaluation, while FXIFY has a two-step evaluation, a one-step evaluation, and a three-step evaluation.
This concludes our comparison between Funding Pips and FXIFY. If either of the compared proprietary trading firms sparked an interest, we have prepared a unique discount code, which you can apply while purchasing an evaluation to make it even more affordable!
Funding Pips 5% active discount code: FOREXPROPREVIEWS
FXIFY 15% discount code: FOREXPROPREVIEWS
Our comparison between Funding Pips and FXIFY was last updated on 19.06.2024 at 07:26 (CE(S)T).
