FXIFY & Funded Trading Plus Two-step Comparison
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Welcome to our comparison between FXIFY and Funded Trading Plus, 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 | FXIFY | Funded Trading Plus |
|---|---|---|
| Incorporation Date | May 2023 | November 2021 |
| CEO | David Bhidey & Peter Brown | Simon Massey |
| Office Location | London, UK | London, UK |
| Scaling Plan |  | |
FXIFY and Funded Trading Plus are two reputable and trustworthy proprietary trading firms. FXIFY was incorporated in May 2023 while being managed by their cou-founders, David Bhidey and Peter Brown. They have their offices located in London, UK. Funded Trading Plus, on the other hand, was incorporated in November 2021 while being managed by its CEO, Simon Massey. Additionally, their offices are located in London, UK.
Funding Program Options
| Funding Program Options | FXIFY | Funded Trading Plus |
|---|---|---|
| One-step Evaluation | | |
| Two-step Evaluation | | |
| Three-step Evaluation | |  |
| Instant Funding | | |
FXIFY 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. Funded Trading Plus, on the other hand, allows its traders to choose between four funding programs to acquire funding, two two-step evaluations, a one-step evaluation, and an instant funding program.
Two-step Comparison
| Trading Objectives | Two-Phase Evaluation | Advanced Trader Program | Premium Trader Program |
|---|---|---|---|
| Profit Target (Phase 1) | 10% | 10% | 8% |
| Profit Target (Phase 2) | 5% | 5% | 5% |
| Maximum Daily Loss | 5% | 5% | 4% |
| Maximum Loss | 10% | 10% (Trailing) | 8% (Trailing) |
| Minimum Trading Days | No Minimum Trading Days | No Minimum Trading Days | No Minimum Trading Days |
| Maximum Trading Period | Step 1: Unlimited Step 2: Unlimited | Step 1: Unlimited Step 2: Unlimited | Step 1: Unlimited Step 2: Unlimited |
| Leverage | 1:30 (1:50 with Add-on) | 1:30 | 1:30 |
| Profit Split | 75% (90% with Add-on) | 80% up to 100% | 80% up to 100% |
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-Phase Evaluation | Advanced Trader Program | Premium Trader Program |
|---|---|---|---|
| $10,000 | $75 | | |
| $15,000 | $99 | | |
| $25,000 | $175 | $199 | $247 |
| $50,000 | $325 | $349 | $397 |
| $100,000 | $475 | $499 | $547 |
| $200,000 | $999 | $949 | $1,097 |
| $400,000 | $1,999 | | |
Brokers & Trading Platforms
Now that we have addressed the trading objectives, account sizes, and costs associated with FXIFY and Funded Trading Plus, it’s time to examine the brokers and trading platforms compatible with each proprietary trading entity.
| FXIFY | Funded Trading Plus | |
|---|---|---|
| Broker | FXPIG | ThinkMarkets |
| Trading Platform | MetaTrader 4, MetaTrader 5, DXtrade | Match-Trader, DXtrade, cTrader |
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 FXIFY and which with Funded Trading Plus.
| Trading Instrument | FXIFY | Funded Trading Plus |
|---|---|---|
| Forex Pairs | | |
| Commodities | | |
| Indices | | |
| Stocks | | |
| Cryptocurrencies | | |
Community Feedback
The last topic we will cover is community feedback from FXIFY and Funded Trading Plus. The statistics are taken from the Trustpilot page of each of the mentioned companies.
| Trustpilot Statistics | FXIFY | Funded Trading Plus |
|---|---|---|
| Rating | 4.3/5 | 4.7/5 |
| Number of Reviews | 2,382 | 2,175 |
| 5-Star Ratings | 80% | 92% |
FXIFY has an excellent rating of 4.3/5. This is out of a total of 2,382 reviews, where 80% of them are rated as 5 stars. Funded Trading Plus, on the other hand, has an excellent rating of 4.7/5. However, this is out of a total of 2,175 reviews, where 92% of them are rated as 5 stars.
Conclusion
In conclusion, FXIFY and Funded Trading Plus 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. FXIFY has a two-step evaluation, a one-step evaluation, and a three-step evaluation, while Funded Trading Plus has two two-step evaluations, a one-step evaluation, and an instant funding program.
This concludes our comparison between FXIFY and Funded Trading Plus. 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!
FXIFY 15% discount code: FOREXPROPREVIEWS
Funded Trading Plus 10% active discount code: FOREXPROPREVIEWS
Our comparison between FXIFY and Funded Trading Plus was last updated on 19.06.2024 at 09:13 (CE(S)T).
