Traders choosing between FXIFY and BrightFunded face a clear trade-off between cost and trading flexibility. FXIFY's $100K challenge costs just $59 compared to BrightFunded's $558, making it nearly 10 times cheaper to start. However, BrightFunded offers more forgiving trading conditions with an 8% Phase 1 profit target versus FXIFY's 10%, plus higher daily loss limits. This comparison examines which firm's approach better matches different trading styles and risk profiles.
F
FXIFY
Est. 2023 · London, UK
4.4
5,000 reviews
VS
5 wins
6 ties
3 wins
B
BrightFunded
Est. 2023 · Dubai, United Arab Emirates
4.4
1,500 reviews
Feature
FXIFY
BrightFunded
Challenge Price ($100K)
$59✓ Lower entry cost
$558
Phase 1 Profit Target
10%
8%✓ Easier to pass
Phase 2 Profit Target
5%
5%
Max Daily Loss
4%
5%✓ More daily loss room
Max Total Loss
10%
10%
Min Trading Days
0 days✓ More flexible
5 days
Time Limit (Phase 1)
No limit
No limit
Payout Split
80% (up to 90%)
N/A
FXIFY
Pros
+First payout on demand after closing first trade - no minimum days or targets
+Up to $400,000 starting capital with scaling up to $4M available
+No consistency rules, no stop loss required, weekend holding allowed
+EAs, Martingale & Grid strategies allowed with flexible trading conditions
+$35M+ already paid out to traders with highest single payout of $117,000
Cons
−Relatively new firm established in 2023 with shorter track record
−Higher leverage options require add-ons at checkout (up to 1:50)
−Some account customization features require additional fees
−Limited information on specific challenge pricing for larger accounts
BrightFunded
Pros
+15% evaluation profit reward on all evaluation phase profits
+Lightning-fast payouts guaranteed within 24 hours
+Scale to unlimited account size with up to 100% profit split
Cons
−Relatively new firm established in 2023 with limited track record
−Higher challenge fees for larger account sizes compared to some competitors
−Limited platform options compared to some established firms
Our Verdict
Which Should You Choose?
FXIFY suits aggressive traders and those testing strategies on a budget. The $59 entry cost makes it practically risk-free to attempt multiple challenges, while the lack of minimum trading days appeals to scalpers and algorithmic traders who can complete challenges quickly. News traders also benefit from FXIFY's explicit permission for news trading strategies.
BrightFunded works better for conservative swing traders who prefer breathing room. The 8% profit target versus 10% and 5% daily loss limit versus 4% create meaningfully easier conditions for position traders. Weekly payouts also suit traders who want predictable income streams once funded. For beginners, BrightFunded's lower targets offset the higher entry cost by increasing pass rates.
Choose FXIFY if you're confident in your strategy and want low-cost attempts with maximum flexibility. Choose BrightFunded if you trade larger timeframes, need forgiving risk parameters, and don't mind paying 9 times more upfront for better odds of success.
Choose FXIFY if:
→First payout on demand after closing first trade - no minimum days or targets
→Up to $400,000 starting capital with scaling up to $4M available
→No consistency rules, no stop loss required, weekend holding allowed
→EAs, Martingale & Grid strategies allowed with flexible trading conditions
Choose BrightFunded if:
→15% evaluation profit reward on all evaluation phase profits
→Lightning-fast payouts guaranteed within 24 hours
Disclaimer:This comparison is for informational purposes only. Prop firm rules change regularly — always verify current terms on each firm's official website before purchasing a challenge. This is not financial advice. Updated 2026-03-08.