Does FXIFY's Profit Target (Phase 2) include unrealized profits?

No, FXIFY's 5% profit target only counts realized, closed profits toward the requirement. Floating or unrealized gains from open positions do not contribute to meeting the target. You must close trades to convert unrealized profits into realized gains that count toward qualification.

What happens if I breach the Profit Target (Phase 2)?

You cannot technically 'breach' the profit target since it's a minimum requirement, not a maximum limit. If you don't achieve the 5% profit target, you simply remain in Phase 2 evaluation until you do. There's no time limit, so you can continue trading indefinitely until you reach the required profit level.

Does the FXIFY Phase 2 profit target reset if I lose money?

No, the 5% profit target never resets and is always calculated from your initial Phase 2 starting balance. Even if you lose money and your account balance drops, you still need the same dollar amount in total realized profits. The target is cumulative across all your Phase 2 trading activity.

Is FXIFY's profit target calculated on balance or equity?

FXIFY's 5% profit target is based on your initial Phase 2 account balance and measured by your total realized profits from closed trades. Equity fluctuations from open positions don't affect the calculation. Only the cumulative dollar amount of profits from trades you've actually closed counts toward meeting the 5% requirement.

Does FXIFY's Profit Target (Phase 2) include unrealized profits?

No, FXIFY's 5% profit target only counts realized, closed profits toward the requirement. Floating or unrealized gains from open positions do not contribute to meeting the target. You must close trades to convert unrealized profits into realized gains that count toward qualification.

What happens if I breach the Profit Target (Phase 2)?

You cannot technically 'breach' the profit target since it's a minimum requirement, not a maximum limit. If you don't achieve the 5% profit target, you simply remain in Phase 2 evaluation until you do. There's no time limit, so you can continue trading indefinitely until you reach the required profit level.

Does the FXIFY Phase 2 profit target reset if I lose money?

No, the 5% profit target never resets and is always calculated from your initial Phase 2 starting balance. Even if you lose money and your account balance drops, you still need the same dollar amount in total realized profits. The target is cumulative across all your Phase 2 trading activity.

Is FXIFY's profit target calculated on balance or equity?

FXIFY's 5% profit target is based on your initial Phase 2 account balance and measured by your total realized profits from closed trades. Equity fluctuations from open positions don't affect the calculation. Only the cumulative dollar amount of profits from trades you've actually closed counts toward meeting the 5% requirement.

Updated 2026-03-08

FXIFY Profit Target (Phase 2) Rule Explained

FXIFY

Quick Answer

FXIFY's Phase 2 requires traders to achieve a 5% profit target based on the initial Phase 2 account balance.

The 5% profit target is calculated from your starting Phase 2 balance, so a $100,000 account needs $5,000 in profits. You must close positions to realize gains - floating profits don't count toward the target. Achieving this target qualifies you for a funded account with an 80% profit split.

Key Rule Details

Target

Dollar Target ($100,000)

$5,000

Phase

Phase 2 only

Time Limit

None

Min Days

0 days

Calculation Example

Account Size: $100,000 — Profit Target (Phase 2): $5,000

Account Size	$100,000
Profit Target (Phase 2) Limit	$5,000
Scenario: Closed P&L	$3,000
Scenario: Floating P&L	$0
Total Exposure	$3,000
Remaining Buffer	$2,000

Limit used:60%

Common Mistakes

Counting Floating Profits Only

Traders often assume their unrealized gains count toward the 5% target and stop actively trading. FXIFY only counts closed, realized profits toward the profit target. A trader with $4,800 in floating profits on a $100,000 account hasn't actually achieved the required $5,000 yet and must close positions to secure the target.

Calculating From Current Balance

Some traders mistakenly calculate the 5% target from their current account balance instead of the initial Phase 2 balance. On a $100,000 Phase 2 account, the target remains $5,000 even if your balance grows to $103,000. Miscalculating could lead to stopping short of the actual requirement.

Ignoring Loss Limits While Chasing

Traders focused solely on hitting the 5% profit target sometimes ignore FXIFY's 4% daily loss and 10% total loss limits. A trader on a $100,000 account aggressively pursuing the $5,000 target might risk a $4,000 daily loss breach, which would immediately fail them regardless of their profit progress.

Overthinking Time Pressure

Unlike Phase 1's minimum trading days, Phase 2 has no time restrictions, yet traders often rush unnecessarily. This false urgency leads to overtrading and poor decision-making. FXIFY allows unlimited time in Phase 2, so traders should focus on consistent, quality trades rather than speed.

Protection Strategies

Set Personal Target at 6% Minimum

Aim for a 6% profit target instead of FXIFY's required 5% to create a safety buffer. On a $100,000 account, target $6,000 instead of $5,000. This extra 1% cushion protects against calculation errors and provides room for final position adjustments while ensuring you comfortably exceed the requirement.

Use 1% Risk Per Trade Maximum

Limit each trade to 1% risk of your initial Phase 2 balance to protect against the loss limits while pursuing profits. On a $100,000 account, risk only $1,000 per trade. This allows for multiple attempts at profitable trades while keeping you well within the 4% daily loss and 10% total loss boundaries.

Set Profit Alerts at 4% Intervals

Configure alerts when you reach 4% realized profits to start planning your final push. On a $100,000 account, set an alert at $4,000 in closed profits. This gives you time to carefully plan the final $1,000+ needed while avoiding impulsive trades that could jeopardize your progress.

Close Partial Positions Near Target

When approaching the 5% target, close portions of winning positions to lock in realized profits while maintaining some upside exposure. If you need $400 more on a $100,000 account and have $800 floating, close half your position to secure $400 realized profit, guaranteeing you hit the target while keeping potential for additional gains.

Related Rules

Profit Target (Phase 1)

10%

→

Payout Split & Schedule

80% (up to 90%)

→

FXIFY Comparisons

/Compare/Fundednext vs Fxify /Compare/Ftmo vs Fxify /Compare/Fundingpips vs Fxify /Compare/The Funded Trader vs Fxify

Frequently Asked Questions

Disclaimer: This guide is for informational purposes only and does not constitute financial advice. Prop firm rules change regularly — always verify current terms on FXIFY's official website before purchasing a challenge. Updated 2026-03-08.