CFD/FX
FXIFY Lightning Challenge
$25,000 account
Selected public offer only. Buyer eligibility and other variants are outside this comparison.
Sources checked 19 September – 7 November 2026. Reviewed by a site member and AI assistants. Release pfw-release-2026-11-07-pilot-4, approved 7 November 2026. Each source shows the date it was last checked.
Costs
List price
List price: $149 one-time
Conditions and limits. $149 for the $25,000 account, paid once: no recurring billing and no activation fee. The lower price on the program page needs the FUNDED25 code.
Official sources: FXIFY · Checkout (checked 6 November 2026); FXIFY · Programs: Lightning Challenge (checked 6 November 2026); FXIFY · FAQ: Are There Any Other Fees Other Than the Initial Assessment? (checked 6 November 2026).
About this rule. The advertised base price of the selected account and how it is billed. A temporary public offer, available without a code, is shown beside it with any conditions the firm states, while a recent check confirms it; codes, optional purchases and unverified buyer charges are excluded.
Compare this rule across accounts
Read the guide: What are you buying when you pay for a challenge?
Fee per $1,000 of opening risk
Fee per $1,000 of opening risk: $149.00
Conditions and limits. One payment: the one-time fee, with no recurring or activation fee; the checkout shows no add-ons. FXIFY says the plan has no hidden fees. On Raw spreads each trade pays $6 per lot round trip on FX, metals and indices and 0.35% on stock CFDs (the All-In feed is commission-free except stock CFDs); swaps are charged, with no swap-free accounts.
How this is calculated. (List price × charges in a 30-day attempt + activation fee + platform and data fees), in US dollars, divided by the opening loss allowance and multiplied by 1,000.
- List price
- $149 one-time
- Charges in a 30-day attempt
- 1
- Activation fee
- None
- Platform and data fees
- None
- Opening loss allowance
- $1,000
- Result
- $149.00
Promotions, coupons and optional add-ons are excluded.
Final buyer charges such as taxes or payment fees are not verified.
Official sources: FXIFY · Checkout (checked 6 November 2026); FXIFY · Programs: Lightning Challenge (checked 6 November 2026); FXIFY · FAQ: Are There Any Other Fees Other Than the Initial Assessment? (checked 6 November 2026).
About this rule. The advertised base cost of a 30-day attempt in US dollars, divided by the opening loss allowance and multiplied by 1,000. A cost scenario for comparing accounts, not an all-in price.
Activation fee
Activation fee: None
Official source: FXIFY · FAQ: Are There Any Other Fees Other Than the Initial Assessment? (checked 6 November 2026).
About this rule. A mandatory charge to activate a funded account after passing, if any.
Compare this rule across accounts
Read the guide: Reserve activation costs and keep refunds conditional
Platform and data fees
Platform and data fees: None
Official source: FXIFY · FAQ: Are There Any Other Fees Other Than the Initial Assessment? (checked 6 November 2026).
About this rule. Mandatory platform or market-data charges on top of the list price, if any.
Compare this rule across accounts
Read the guide: What market data is included, and what costs extra?
Payout processing fees
Payout processing fees: None from FXIFY: payouts are paid through Rise, which may charge a withdrawal fee of its own.
Official sources: FXIFY · FAQ: How do I withdraw my profits? (checked 6 November 2026); FXIFY · FAQ: [Crypto Account] - Are there any commission, hidden fees or costs I should be aware of? (checked 6 November 2026).
About this rule. Charges deducted when a payout is sent, which depend on the payment method.
Compare this rule across accounts
Read the guide: How do payout processing fees affect cash received?
Evaluation & risk
Opening loss allowance
Opening loss allowance: $1,000
How this is calculated. Opening balance minus the opening total-loss floor.
- opening balance
- $25,000
- opening total-loss floor
- $24,000
- Result
- $1,000
Daily loss limits and any trailing of the floor after the opening are separate rules.
Official source: FXIFY · Programs: Lightning Challenge (checked 6 November 2026).
About this rule. How much the account can lose from its opening balance before the total-loss rule is broken, using the smallest allowance across the required evaluation phases. An account bought without an evaluation uses its funded account's allowance. It is not daily headroom, live capital or a pass probability.
Compare this rule across accounts
Read the guide: How do you calculate the opening loss allowance?
Difficulty ratio
Difficulty ratio: 1.25
How this is calculated. For each required evaluation phase, the profit target divided by that phase's opening loss allowance. The results are added.
- profit target
- 5% of $25,000 = $1,250
- opening loss allowance
- $1,000
- Result
- 1.25
This describes the shape of the evaluation; it is not a pass probability.
Official source: FXIFY · Programs: Lightning Challenge (checked 6 November 2026).
About this rule. Each required phase's profit target divided by that phase's opening loss allowance, added together. More target per dollar of allowed loss gives a higher number; an account bought without an evaluation has no target, so its ratio is 0. It describes the shape of the evaluation, not the chance of passing.
Compare this rule across accounts
Read the guide: How PFW's comparison pages summarize a route
Evaluation route
Evaluation route: Lightning $25,000, FXIFY: one assessment, to be passed within 5 trading days, then the funded account. Read for MT5, its only platform, with Raw spreads and no add-ons.
Official sources: FXIFY · Programs: Lightning Challenge (checked 6 November 2026); FXIFY · FAQ: [Lightning Plan] What platforms are available to trade with? (checked 6 November 2026); FXIFY · Checkout (checked 6 November 2026).
About this rule. The exact variant compared here and the stages between purchase and a funded account.
Compare this rule across accounts
Read the guide: What do one-step, two-step, three-step, and instant funding mean?
Profit targets
Profit targets: 5%
Conditions and limits. $1,250 (5%) in the assessment, within 5 trading days of the first trade and with the 30% consistency rule met; missing either is a hard breach. No target in the funded account.
Official source: FXIFY · Programs: Lightning Challenge (checked 6 November 2026).
About this rule. The profit each required evaluation phase must reach, as a share of the opening balance. An account bought without an evaluation has none.
Compare this rule across accounts
Read the guide: How does the journey from purchase to payout work?
Total and daily loss
Total and daily loss: A 3% daily loss limit ($750 on the starting balance) from the previous day's closing balance (5 PM EST), a hard breach, and a 4% trailing max drawdown ($1,000) on the closed balance: it starts at $24,000, follows the highest closed balance and stops at $25,000 once the account is 4% up or after a payout is processed. Every trade needs a stop loss. The assessment and the funded account.
Official sources: FXIFY · Programs: Lightning Challenge (checked 6 November 2026); FXIFY · FAQ: [Lightning Plan] Does the daily loss limit count as a soft breach or disqualification? (checked 6 November 2026); FXIFY · FAQ: [Lightning Plan] How does trailing drawdown work on Lightning Plan? (checked 6 November 2026); FXIFY · FAQ: [Lightning Plan] What happens to my account if I request a payout? (checked 6 November 2026).
About this rule. The overall and daily loss limits, how they move, and what balance or equity they are measured against.
Compare this rule across accounts
Read the guide: Why can two “5% daily loss” rules produce different limits?
Minimum days and time limits
Minimum days and time limits: At least 3 and at most 5 trading days: the FAQ gives 7 calendar days from the first trade (5 trading days) to reach the target.
Official sources: FXIFY · Programs: Lightning Challenge (checked 6 November 2026); FXIFY · FAQ: [Lightning Plan] What’s the maximum and minimum number of trading days required? (checked 6 November 2026).
About this rule. The minimum number of trading or profitable days each evaluation phase requires, including any minimum the firm states a consistency rule sets, any time limit for passing, and any inactivity period after which the account is closed.
Compare this rule across accounts
Read the guide: What counts as a minimum trading day?
Read the guide: Time limits and inactivity: which clock are you reading?
Payouts
First and later payouts
First and later payouts: First payout 7 days after the first trade on the funded account, with at least 3 trading days and the 30% consistency rule met; then every 14 days. Trading is disabled while a payout is pending.
Official sources: FXIFY · FAQ: [Lightning Plan] What criteria must I meet to request a payout? (checked 6 November 2026); FXIFY · FAQ: [Lightning Plan] Can I withdraw my profits at any time? (checked 6 November 2026); FXIFY · FAQ: [Lightning Plan] What happens to my account if I request a payout? (checked 6 November 2026).
About this rule. When the first payout can be requested and how often later requests are allowed. Waiting periods, qualifying days, review and payment are separate clocks.
Payout minimums and caps
Payout minimums and caps: $50 minimum and no cap stated: a full withdrawal is allowed, but it forfeits the funded account.
Official sources: FXIFY · FAQ: [Lightning Plan] What criteria must I meet to request a payout? (checked 6 November 2026); FXIFY · FAQ: How do I withdraw my profits? (checked 6 November 2026).
About this rule. The smallest request allowed and any limit on how much can be withdrawn per request or cycle.
Funded consistency rules
Funded consistency rules: A 30% consistency rule in the funded account too: no single day's profit may exceed 30% of the total profit for a withdrawal. At least 3 trading days.
Official sources: FXIFY · Programs: Lightning Challenge (checked 6 November 2026); FXIFY · FAQ: [Lightning Plan] What's the consistency rule? (checked 6 November 2026); FXIFY · FAQ: [Lightning Plan] Can I withdraw my profits at any time? (checked 6 November 2026); FXIFY · FAQ: [Lightning Plan] What’s the maximum and minimum number of trading days required? (checked 6 November 2026).
About this rule. Rules on how profit must be spread across days or trades before a funded payout, and any required profitable days.
Published processing time
Published processing time: Withdrawals are reviewed Monday to Friday, 9 AM to 9 PM GMT (a weekend request on the Monday), and are typically processed within 3 business days once the FXIFY and Rise verifications are done and the Rise account uses the same email as the FXIFY account.
Official sources: FXIFY · FAQ: When does my withdrawal get processed (checked 6 November 2026); FXIFY · FAQ: How do I withdraw my profits? (checked 6 November 2026).
About this rule. How long the firm says review and payment take after a request. These are published estimates, not measured times.
Compare this rule across accounts
Read the guide: What do “24-hour,” “instant,” and “on-demand” payouts mean?
Refunds
Fee refund with a reward
Fee refund with a reward: The fee is refunded in full with the first withdrawal.
Official sources: FXIFY · Programs: Lightning Challenge (checked 6 November 2026); FXIFY · FAQ: [Lightning Plan] Do I get a refund alongside my first withdrawal? (checked 6 November 2026).
About this rule. Whether and when the challenge fee is paid back after a successful payout.
Cancellation refund
Cancellation refund: No refund once the first trade is placed. Misrepresenting the country you are based in risks losing a live account and the refund.
Official sources: FXIFY · FAQ: Refund Policy (checked 6 November 2026); FXIFY · FAQ: What Countries are accepted? (checked 6 November 2026).
About this rule. Whether a purchase can be cancelled and refunded, and on what conditions.
Trading rules
News trading
News trading: Both stages: trading from 5 minutes before to 5 minutes after a high-impact (major) news event is prohibited.News trading: restricted in both stages.
Official sources: FXIFY · Programs: Lightning Challenge (checked 6 November 2026); FXIFY · FAQ: [Lightning Plan] Are there specific trading hours or time windows for the Lightning Plan? (checked 6 November 2026); FXIFY · FAQ: [Lightning Plan] Are there restrictions on trading during major news events? (checked 6 November 2026).
News trading by stage
- Evaluation and funded
- Restricted. No trading from 5 minutes before to 5 minutes after a high-impact (major) news event.
Official sources: FXIFY · Programs: Lightning Challenge (checked 6 November 2026); FXIFY · FAQ: [Lightning Plan] Are there specific trading hours or time windows for the Lightning Plan? (checked 6 November 2026).
About this rule. Restrictions on opening, closing or holding positions around scheduled news.
Compare this rule across accounts
Read the guide: What does a news-trading restriction actually restrict?
Overnight and weekend holding
Overnight and weekend holding: Allowed in both stages: positions may be held overnight and over the weekend.Overnight and weekend holding: allowed in both stages.
Official sources: FXIFY · Programs: Lightning Challenge (checked 6 November 2026); FXIFY · FAQ: [Lightning Plan] Can I hold positions overnight? (checked 6 November 2026); FXIFY · FAQ: [Lightning Plan] Can I hold positions over the weekend? (checked 6 November 2026).
Overnight and weekend holding by stage
- Evaluation and funded
- Allowed.
Official sources: FXIFY · Programs: Lightning Challenge (checked 6 November 2026); FXIFY · FAQ: [Lightning Plan] Can I hold positions overnight? (checked 6 November 2026); FXIFY · FAQ: [Lightning Plan] Can I hold positions over the weekend? (checked 6 November 2026).
About this rule. Whether positions can be held overnight and over the weekend.
Compare this rule across accounts
Read the guide: Which CFD/FX accounts allow overnight and weekend positions?
Expert advisors and copying
Expert advisors and copying: EAs and bots are not allowed, and copy trading is not allowed.Expert advisors: prohibited in both stages.Copying your own trades: prohibited in both stages.
Official sources: FXIFY · Programs: Lightning Challenge (checked 6 November 2026); FXIFY · FAQ: [Lightning Plan] Are Expert Advisors (EAs) or bots allowed in the Lightning Plan? (checked 6 November 2026); FXIFY · FAQ: [Lightning Plan] Is copy trading allowed? (checked 6 November 2026).
Expert advisors by stage
- Evaluation and funded
- Prohibited.
Official sources: FXIFY · Programs: Lightning Challenge (checked 6 November 2026); FXIFY · FAQ: [Lightning Plan] Are Expert Advisors (EAs) or bots allowed in the Lightning Plan? (checked 6 November 2026).
Copying your own trades by stage
- Evaluation and funded
- Prohibited.
Official source: FXIFY · FAQ: [Lightning Plan] Is copy trading allowed? (checked 6 November 2026).
About this rule. Whether automated strategies are allowed and whether trades can be copied between your own accounts.
Compare this rule across accounts
Read the guide: Automation and copying: what actually needs permission?
Contractual penalties
Contractual penalties: Hitting the daily or the max drawdown (also once it locks at the starting balance), missing the target or the consistency rule within the 5 trading days, or a third trade without a stop loss breaches the account; the first two trades without a stop loss are closed automatically.
Official sources: FXIFY · FAQ: [Lightning Plan] What happens when I hit the drawdown? (checked 6 November 2026); FXIFY · FAQ: [Lightning Plan] How does trailing drawdown work on Lightning Plan? (checked 6 November 2026); FXIFY · FAQ: [Lightning Plan] What happens if I do not hit the profit target in 5 trading days? (checked 6 November 2026); FXIFY · FAQ: [Lightning Plan] Is the use of stoploss compulsory? (checked 6 November 2026).
About this rule. Penalties the terms set out for rule breaches beyond failing the account.
Compare this rule across accounts
Read the guide: Is it a prohibition, a condition or a review trigger?
Platforms & eligibility
Platforms
Platforms: Chosen at checkout: MT5, DXTrade or TradingView on One Phase, Two Phase, Three Phase and Instant Funding; MT5 only on Lightning; DXTrade only on the crypto plans, with TradingView announced as coming soon. MetaTrader is not offered to clients based in the United States, who get DXTrade and TradingView. The platform or the price feed can be changed on request only while no trade has been placed (Instant Funding: between MT5 and DXTrade only; Lightning: no change).
Official sources: FXIFY · Programs: One Phase (checked 6 November 2026); FXIFY · Programs: Lightning Challenge (checked 6 November 2026); FXIFY · FAQ: [Lightning Plan] What platforms are available to trade with? (checked 6 November 2026); FXIFY · FAQ: [Crypto Account] - Can I change my trading platform during the program? (checked 6 November 2026); FXIFY · Crypto (checked 6 November 2026); FXIFY · FAQ: Are you able to change the platform after I have selected? (checked 6 November 2026); FXIFY · FAQ: What platforms can I use to trade on? (checked 6 November 2026); FXIFY · FAQ: [Instant Funding] Can I upgrade my account size or trading platform during the program? (checked 6 November 2026).
About this rule. The platforms the firm offers in this market, with any extra charge or country limit it states. It is the firm's list for all its accounts in the market.
Platform access and eligibility
Platform access and eligibility: MT5 only, with Raw spreads; the platform cannot be changed. No crypto on this plan. 18 or over; not available to residents of the countries FXIFY lists (see Who can trade); KYC with FXIFY and with Rise before any payout. Several Lightning accounts may be owned, one active at a time.
Official sources: FXIFY · Programs: Lightning Challenge (checked 6 November 2026); FXIFY · FAQ: [Lightning Plan] What platforms are available to trade with? (checked 6 November 2026); FXIFY · FAQ: [Lightning Plan] Can I upgrade my account size or trading platform during the program? (checked 6 November 2026); FXIFY · FAQ: [Lightning Plan] Are there restrictions on trading specific instruments or assets? (checked 6 November 2026); FXIFY · FAQs (checked 6 November 2026); FXIFY · FAQ: Who Can Join? (checked 6 November 2026); FXIFY · FAQ: What Happens if I Cannot Pass My KYC? (checked 6 November 2026); FXIFY · FAQ: [Lightning Plan] Max Allocation on Lightning plan? (checked 6 November 2026).
About this rule. Who can buy the account: age, identity checks and country restrictions, and any platform limits by country.
Ratings
Not rated. Overall program scores and reliability ratings are not published yet; the figures above are measurements of stated terms, not a verdict.
Related accounts
Background guides
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