FXIFY vs Lux Trading Firm: Which Prop Firm Is Better?
Choosing between FXIFY and Lux Trading Firm comes down to whether you prioritize affordability or trading flexibility. FXIFY's $100K challenge costs just $59 compared to Lux Trading's $260, but Lux eliminates daily loss limits entirely while FXIFY caps you at 4%. This comparison examines their challenge structures, risk parameters, profit splits, and trading rules to help you determine which firm better matches your trading style and budget.
F
FXIFY
Est. 2023 · London, UK
4.4
5,000 reviews
VS
5 wins
5 ties
4 wins
LT
Lux Trading Firm
Est. 2021 · London, UK
4
1,000 reviews
Feature
FXIFY
Lux Trading Firm
Challenge Price ($100K)
$59✓ Lower entry cost
$260
Phase 1 Profit Target
10%
10%
Phase 2 Profit Target
5%
None (single-phase)✓ Single-phase evaluation
Max Daily Loss
4%
No limit✓ No daily loss limit
Max Total Loss
10%✓ More drawdown room
6%
Min Trading Days
0 days
0 days
Time Limit (Phase 1)
No limit
No limit
Payout Split
80% (up to 90%)✓ Higher profit split
80%
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
Lux Trading Firm
Pros
+Offers the largest account sizes in the industry up to $10,000,000
+1-stage evaluation process with instant funding available
+100% evaluation fee refund after passing first stage
+Instant withdrawals with no fixed payout cycles
+Real A-book execution with direct liquidity provider partnership
Cons
−Complex risk consistency rules requiring fixed percentage allocation per trade
−High-frequency trading and automated EAs strictly prohibited
−Single trade profit limited to 5% of profit target per stage
−Higher evaluation fees compared to many competitors
−Static 6% drawdown limit that doesn't move with account growth
Our Verdict
Which Should You Choose?
FXIFY suits cost-conscious traders and those comfortable with structured risk management, offering the cheapest $100K challenge at $59 and higher profit splits up to 90%. The firm works well for news traders and EA users, though the 4% daily loss limit requires disciplined position sizing.
Lux Trading Firm better serves experienced traders who need maximum flexibility, eliminating daily loss limits and offering single-phase evaluations. Despite the higher $260 entry cost, swing traders and those who struggle with daily drawdown limits will find Lux's approach more forgiving. For beginners prioritizing low barrier to entry, choose FXIFY. For experienced traders wanting fewer restrictions, Lux Trading Firm is worth the premium.
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 Lux Trading Firm if:
→Offers the largest account sizes in the industry up to $10,000,000
→1-stage evaluation process with instant funding available
→100% evaluation fee refund after passing first stage
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.