FXIFY Launches $1 Million Monthly Trading Competition for April
FXIFY has announced a $1 million monthly trading competition with challenge account prizes, along with a new 2-Phase Pro account and anniversary promotions including a 33% discount and $3 million giveaway.
Prop trading firm FXIFY has launched a recurring monthly trading competition with a $1 million prize pool, beginning with its April edition. The firm also introduced a new 2-Phase Pro evaluation account and a series of anniversary offers, including a 33% discount on all programs and a $3 million giveaway.
The monthly competition awards the top 12 traders with funded challenge accounts. First place receives a $400,000 account, second place a $200,000 account, third and fourth each receive $100,000, and prizes descend to $10,000 accounts for eleventh and twelfth. Participants must adhere to a 5% maximum daily drawdown (based on the previous day's balance) and a 10% maximum total drawdown (based on initial balance). There is no minimum trading day requirement, but the use of Expert Advisors (EAs) or automated bots is prohibited.
Third Anniversary and 2-Phase Pro Account
To mark its third anniversary, FXIFY has launched a 2-Phase Pro account available in sizes up to $250,000. The evaluation features a static drawdown, no consistency rule, and account sizes of $25,000, $100,000, and $250,000. Phase 1 requires a 4% profit target with a 4% daily loss limit; Phase 2 requires an 8% profit target. A minimum of three trading days is required in each phase.
Anniversary promotions include a 33% discount on any evaluation program using the code FXIFY3 at checkout, as well as a $3 million giveaway. Every challenge purchase before the deadline automatically enters the trader into a raffle for a free 2-Phase Pro account of up to $250,000. All offers and the giveaway expire on May 31 at midnight EST. The discount and giveaway exclude the Instant Funding Lite program.
Source: FXIFY