FXIFY & SFX Funded Two-step Comparison
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Welcome to our comparison between FXIFY and SFX Funded, 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 | SFX Funded |
|---|---|---|
| Incorporation Date | May 2023 | May 2024 |
| CEO | David Bhidey & Peter Brown | Husam Samy & Franca Kraut |
| Office Location | London, UK | Dubai, United Arab Emirates |
| Scaling Plan |  | |
FXIFY and SFX Funded 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. SFX Funded, on the other hand, was incorporated in May 2024 while being managed by its co-founders, Husam Samy and Franca Kraut. Additionally, their offices are located in Dubai, United Arab Emirates.
Funding Program Options
| Funding Program Options | FXIFY | SFX Funded |
|---|---|---|
| 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. SFX Funded, on the other hand, allows its traders to choose between two funding programs to acquire funding, a two-step evaluation and an instant funding program.
Two-step Comparison
| Trading Objectives | FXIFY – Two-phase Evaluation | SFX Funded – Two-step Evaluation |
|---|---|---|
| Profit Target (Phase 1) | 10% | 8% |
| Profit Target (Phase 2) | 5% | 5% |
| Maximum Daily Loss | 5% | 4% |
| Maximum Loss | 10% | 8% |
| 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 |
| Leverage | 1:30 (1:50 with Add-on) | 1:30 |
| Profit Split | 75% (90% with Add-on) | 80% up to 95% |
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 | FXIFY – Two-phase Evaluation | SFX Funded – Two-step Evaluation |
|---|---|---|
| $7,500 | | $79 |
| $10,000 | $75 | |
| $15,000 | $99 | $99 |
| $25,000 | $175 | |
| $30,000 | | $189 |
| $50,000 | $325 | |
| $60,000 | | $289 |
| $100,000 | $475 | |
| $120,000 | | $489 |
| $200,000 | $999 | |
| $400,000 | $1,999 | |
Brokers & Trading Platforms
Now that we have addressed the trading objectives, account sizes, and costs associated with FXIFY and SFX Funded, it’s time to examine the brokers and trading platforms compatible with each proprietary trading entity.
| FXIFY | SFX Funded | |
|---|---|---|
| Broker | FXPIG | Tier-1 Liquidity Provider with Best Simulated Real Market Trading Conditions |
| Trading Platform | MetaTrader 4, MetaTrader 5, DXtrade | Match-Trader |
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 SFX Funded.
| Trading Instrument | FXIFY | SFX Funded |
|---|---|---|
| Forex Pairs | | |
| Commodities | | |
| Indices | | |
| Stocks | | |
| Cryptocurrencies | | |
Community Feedback
The last topic we will cover is community feedback from FXIFY and SFX Funded. The statistics are taken from the Trustpilot page of each of the mentioned companies.
| Trustpilot Statistics | FXIFY | SFX Funded |
|---|---|---|
| Rating | 4.3/5 | 4.6/5 |
| Number of Reviews | 2,382 | 64 |
| 5-Star Ratings | 80% | 86% |
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. SFX Funded, on the other hand, also has an excellent rating of 4.6/5. However, this is out of a total of 64 reviews, where 86% of them are rated as 5 stars.
Conclusion
In conclusion, FXIFY and SFX Funded 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 SFX Funded has a two-step evaluation and an instant funding program.
This concludes our comparison between FXIFY and SFX Funded. 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
SFX Funded 10% discount code: FOREXPROPREVIEWS
Our comparison between FXIFY and SFX Funded was last updated on 17.07.2024 at 10:26 (CE(S)T).
