FXIFY & Prop Nimbus Two-step Comparison

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Welcome to our comparison between FXIFY and Prop Nimbus, 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 DetailsFXIFYProp Nimbus
Incorporation DateMay 2023March 2024
CEODavid Bhidey & Peter BrownEric Robertson
Office LocationLondon, UKMahe, Seychelles
Scaling Plan✅❌

FXIFY and Prop Nimbus are two reputable and trustworthy proprietary trading firms. FXIFY was incorporated in May 2023 while being managed by their co-founders, David Bhidey and Peter Brown. They have their offices located in London, UK. Prop Nimbus, on the other hand, was incorporated in March 2024 while being managed by its CEO, Eric Robertson. Additionally, their offices are also located in Mahe, Seychelles.

Funding Program Options

Funding Program OptionsFXIFYProp Nimbus
One-step Evaluation✅❌
Two-step Evaluation✅✅
Three-step Evaluation✅❌

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. Prop Nimbus, on the other hand, allows its traders to choose a single funding program to acquire funding, a two-step evaluation.

Two-step Comparison

Trading ObjectivesFXIFYProp Nimbus
Profit Target (Phase 1)10%8%
Profit Target (Phase 2)5%5%
Maximum Daily Loss4%5%
Maximum Loss10% (Trailing)10%
Minimum Trading Days5 Calendar Days3 Calendar Days
Maximum Trading PeriodStep 1: Unlimited
Step 2: Unlimited
Step 1: Unlimited
Step 2: Unlimited
Leverage1:30 (1:50 with Add-on)1:50
Profit Split80% (90% with Add-on)90%

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 SizeFXIFYProp Nimbus
$5,000$59$36
$10,000$89$114
$15,000$119❌
$25,000$199$230
$50,000$379$354
$100,000$499$588
$200,000$999$1,080
$400,000$1,999❌

Brokers & Trading Platforms

Now that we have addressed the trading objectives, account sizes, and costs associated with FXIFY and Prop Nimbus, it’s time to examine the brokers and trading platforms compatible with each proprietary trading entity.

 FXIFYProp Nimbus
BrokerFXPIGTier-1 Liquidity Provider with Best Simulated Real Market Trading Conditions
Trading PlatformMetaTrader 4, MetaTrader 5, DXtradeTradeLocker

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 Prop Nimbus.

Trading InstrumentFXIFYProp Nimbus
Forex Pairs✅✅
Commodities✅✅
Indices✅✅
Stocks✅❌
Cryptocurrencies✅✅

Community Feedback

The last topic we will cover is community feedback from FXIFY and Prop Nimbus. The statistics are taken from the Trustpilot page of each of the mentioned companies.

Trustpilot StatisticsFXIFYProp Nimbus
Rating4.1/54.3/5
Number of Reviews2,64349
5-Star Ratings77%70%

FXIFY has a great rating of 4.1/5. This is out of a total of 2,643 reviews, where 77% of them are rated as 5 stars. Prop Nimbus, on the other hand, has an excellent rating of 4.3/5. However, this is out of a total of 49 reviews, where 70% of them are rated as 5 stars.

Conclusion

In conclusion, FXIFY and Prop Nimbus 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 Prop Nimbus has a single two-step evaluation.

This concludes our comparison between FXIFY and Prop Nimbus. 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

Prop Nimbus 20% discount code: FOREXPROPREVIEWS

Our comparison between FXIFY and Prop Nimbus was last updated on 14.01.2025 at 13:28 (CE(S)T).

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