Our Trading Evaluation is designed to help traders refine their skills and develop strong trading habits while working toward securing a funded account. Traders who successfully pass the evaluation will earn the title of FXIFY Futures funded Trader and gain access to exciting funding opportunities.
How It Works:
To participate in a Trading Evaluation, you'll need to subscribe to a monthly plan. Evaluations can be reset at any time if needed.
Passing the Evaluation:
To pass, you must achieve and maintain a Profit Target of 6% - 7% depending on if the account selected is a starter or Expert. Reaching this goal demonstrates your trading consistency and ability to manage risk effectively.
Failure Condition:
There’s only one way to fail – by allowing your account balance to hit or exceed the Maximum Loss Limit (MLL). The MLL is set at between 4-5% depending on which account has been selected.
Daily Loss Limits:
The daily loss limit on the Starter account is set to 2% and 3% for Expert accounts. Hitting this parameter is only considered a soft breach and will be set to read only for that day. Traders will be able to resume trading the next day.
Closing Trades:
All trades must be closed by 4:59 PM ET each day on both Evaluation and Qualified Accounts. Our system will automatically close any open trades if you forget, but we recommend that you close them manually to stay fully aware of your P&L (Profit and Loss).