October 2, 2025
The prop trading industry is evolving rapidly, with new firms offering traders more ways to access funding. Two popular names in this space are FundedNext and FXIFY. Both provide structured evaluations, scaling plans, and payout opportunities, but they differ in funding programs, account sizes, and trader feedback. In this comparison, we’ll break down their company details, funding models, two-step rules, account costs, platforms, instruments, and community ratings.
| Company Details | FundedNext | FXIFY |
|---|---|---|
| Incorporation Date | March 2022 | May 2023 |
| CEO | Abdullah Jayed | David Bhidey & Peter Brown |
| Office Location | UAE & Bangladesh | London, UK |
| Scaling Plan | ✅ | ✅ |
FundedNext, founded in March 2022 under CEO Abdullah Jayed, has offices in the UAE and Bangladesh. FXIFY, launched in May 2023 by David Bhidey and Peter Brown, is based in London, UK.
| Funding Programs | FundedNext | FXIFY |
|---|---|---|
| One-Step Evaluation | ✅ | ✅ |
| Two-Step Evaluation | ✅ | ✅ |
| Three-Step Evaluation | ❌ | ✅ |
| Instant Funding | ❌ | ✅ |
FundedNext offers three models: two two-step challenges and one one-step evaluation. FXIFY provides five options, including one-step, two-step, a three-step program, and instant funding with add-on flexibility.
| Trading Objectives | FundedNext – Stellar | Stellar Lite | Evaluation Model | FXIFY – Two-Phase |
|---|---|---|---|---|
| Profit Target (Phase 1) | 8% | 8% | 10% | 10% |
| Profit Target (Phase 2) | 5% | 4% | 5% | 5% |
| Max Daily Loss | 5% | 4% | 5% | 4% |
| Max Loss | 10% | 8% | 10% | 10% (Trailing) |
| Minimum Trading Days | 5 Days | 5 Days | 5 Days | 5 Days |
| Max Trading Period | Unlimited | Unlimited | 4 Weeks / 8 Weeks | Unlimited |
| Leverage | 1:100 | 1:100 | 1:100 | 1:30 (1:50 with add-on) |
| Profit Split | 80% → 95% | 80% → 95% | 80% → 95% | 80% (90% with add-on) |
| Account Size | Stellar | Stellar Lite | Evaluation Model | FXIFY – Two-Phase |
|---|---|---|---|---|
| $5,000 | ❌ | $32 | ❌ | $39 |
| $6,000 | $59 | ❌ | $49 | ❌ |
| $10,000 | ❌ | $59 | ❌ | $89 |
| $15,000 | $119 | ❌ | $99 | $119 |
| $25,000 | $199 | $139 | $199 | $199 |
| $50,000 | $299 | $229 | $299 | $379 |
| $100,000 | $519 | $399 | $549 | $499 |
| $200,000 | $999 | ❌ | $999 | $999 |
| $400,000 | ❌ | ❌ | ❌ | $1,999 |
| FundedNext | FXIFY | |
|---|---|---|
| Broker | FundedNext Server | FXPIG |
| Platforms | MT4, MT5, Match-Trader, cTrader | MT4, MT5, DXtrade |
| Instruments | FundedNext | FXIFY |
|---|---|---|
| Forex Pairs | ✅ | ✅ |
| Commodities | ✅ | ✅ |
| Indices | ✅ | ✅ |
| Stocks | ❌ | ✅ |
| Cryptos | ✅ | ✅ |
| Trustpilot Stats | FundedNext | FXIFY |
|---|---|---|
| Rating | 4.6 / 5 | 4.1 / 5 |
| Reviews | 33,309 | 3,264 |
| 5-Star Ratings | 84% | 77% |
FundedNext has a strong 4.6/5 Trustpilot rating with over 33,000 reviews, where 84% are five stars. FXIFY holds a solid 4.1/5 rating from 3,200+ reviews, with 77% five-star ratings.
Both FundedNext and FXIFY are excellent prop firms but appeal to different traders:
FundedNext stands out for its balanced one-step and two-step models, trusted community, and higher overall ratings.
FXIFY offers broader program variety, stock trading access, and add-ons for leverage and profit split enhancements.
👉 Choose FundedNext if you value consistent trust and simplicity, or FXIFY if you prefer flexibility with add-ons and more trading instruments.
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