Daily loss
4%
2 Phase, of prior-day balance
Maximum loss
10%
2 Phase, trailing
Profit targets
10% / 5%
Phase 1, Phase 2
Platform
MT5
Not available to US residents
The 2 Phase Limits on One Chart
A $100,000 account over five trading days. Each day's floor sits 4% below the previous day's balance at 5:00 PM EST; the maximum loss floor rises with closed profit and stops at the initial balance.
FXIFY 2 Phase · $100,000 · Illustrative
Daily reset 5:00 PM EST
- Profit target+10% · 110,000
- Starting balance100,000
- Daily loss floor4%
- Maximum loss floor10% · trailing
- Equity (illustrative)
The equity path is illustrative, and the chart steps the floor at each day's close. FXIFY trails the maximum loss from a high-water mark on closed balance and tests both limits against equity.
Evaluation Rules by Model
FXIFY offers 1, 2 and 3 Phase evaluations alongside instant accounts. Three compare as follows.
| Rule | 2 Phase | 1 Phase | 2 Phase Pro |
|---|---|---|---|
| Profit target | 10%, then 5% | 10% | 4%, then 8% |
| Daily loss | 4% of prior-day balance | 3% of prior-day balance | 4% of balance |
| Maximum loss | 10%, trailing | 6%, trailing | 8%, static |
| Minimum trading days | 5 per phase | 5 | 3 per phase, each at +0.5% |
| Time limit | None | None | — |
| Daily profit cap | — | — | $4,000 |
| Daily reset | 5:00 PM EST | 5:00 PM EST | 5:00 PM EST |
The trailing floor locks at the initial balance once profit equals the drawdown, or at the first payout. 2 Phase Pro was introduced in April 2026. A dash means the rule is not covered in this summary. Source: FXIFY assessment rules
Platform Availability
Arka Terminal signs in to MetaTrader accounts only. FXIFY's current plans list MT5 and two other platforms.
- MetaTrader 5Offered outside the USCompatible with Arka Terminal
- MetaTrader 4Not listed on current FXIFY plansNot supported
- DXtradeOffered by FXIFYNot supported
- TradingViewOffered by FXIFYNot supported
FXIFY does not offer MetaTrader to clients in the United States. Lightning accounts are offered on MT5 only. An FXIFY FAQ from 2025 lists MT4; the current product pages list MT5, DXtrade and TradingView.
How Arka Terminal Supports FXIFY's Rules
Four tools in the terminal map directly to the 2 Phase limits.
Daily loss
Each Trade Sized Against the 4% Floor
FXIFY measures the daily allowance from the previous day's balance at 5:00 PM EST. The order window sizes every trade from the balance at risk.
- Risk-based sizing
- The stop is set at the recent average true range, the target at twice that distance, and the volume follows from 1% of the balance at risk.
- Pre-trade Check
- Before submission, the check states the loss at the stop in money and as a share of equity, and flags any trade above 1%.
- Equity test
- A $100,000 prior-day balance sets the floor at $96,000 of equity, so open losses count as they occur.
Trailing maximum loss
Exposure Measured Against a Rising Floor
On the 2 Phase, the 10% floor trails the highest closed balance until it reaches the initial balance. The positions panel shows every position on a symbol as one total.
- Group stop line
- One line sets the stop or target for every position on a symbol and shows what they add up to at that price.
- Close by kind
- Close buys, sells, winners, losers or all positions, with the floating P&L and share of the balance shown first.
- Net exposure
- The positions panel nets exposure by symbol across the account.
News
Major Releases Flagged in Advance
News trading is permitted on the 2 Phase, while high-leverage news trading is prohibited. The terminal flags major releases 15 minutes ahead.
- Release alerts
- A notice 15 minutes before a release rated four stars or above on a symbol with open positions, and again once it is out.
- Releases on the chart
- Releases rated three stars and above sit on the time axis with previous, forecast and actual figures.
- AI previews
- Releases rated four stars and above carry an AI preview before and an AI reading after.
Trading days
Trading Days Measured From the Account
The 2 Phase requires 5 trading days per phase; 2 Phase Pro counts a day only at +0.5%. Daily Review records net P&L for every day.
- Daily P&L
- Daily Review shows net P&L for each of the last seven days, with the day's best and worst trade.
- Weekly rhythm
- Trading Profile shows net P&L for each of the past eight weeks, by session and by symbol.
- Risk flags
- A single loss of three times the average loss, or four consecutive losses, is flagged.
Arka Terminal does not read FXIFY's limits or close positions on the trader's behalf. These tools make risk visible before and during each trade; compliance with FXIFY's rules remains the trader's responsibility.
Trading Conduct Rules
Restrictions beyond the loss limits, as FXIFY states them.
News trading
Permitted on 1, 2 and 3 Phase and 2 Phase Pro accounts. High-leverage news trading is listed as a prohibited strategy.
Instant accounts
Lightning and Instant Funding Lite restrict trading from 5 minutes before to 5 minutes after major news.
Weekend holding
Permitted on 1, 2 and 3 Phase and 2 Phase Pro accounts. Not permitted on Instant Funding.
Expert Advisors
Permitted on 1, 2 and 3 Phase challenges after review and pre-approval by FXIFY. EAs are not supported on DXtrade.
Copy trading
Not permitted on Instant Funding, Lightning or 2 Phase Pro accounts, except where the Pro account is the master.
Inactivity
At least one trade every 60 days. An inactive account is a hard breach.
Rules checked on 7 November 2026 against FXIFY's official pages. Prop firms revise their rules; confirm the current terms on FXIFY's site before trading. ArkaTrading is independent and is not affiliated with FXIFY or MetaQuotes.
Connect an FXIFY Account
Arka Terminal signs in with the MT5 credentials from the FXIFY dashboard.
- 01
Choose MT5
Select MT5 at checkout. Lightning accounts are issued on MT5 only.
- 02
Find the server
In Arka Terminal, choose MT5 and search for the server named in the FXIFY dashboard.
- 03
Sign in
Enter the account number and password. The password is stored only on the trader's computer.
Frequently Asked Questions
Can Arka Terminal be used with an FXIFY account?
Yes, with an FXIFY MT5 account. DXtrade and TradingView accounts cannot be connected.
Does Arka Terminal track the FXIFY daily loss limit?
Not automatically, as it does not read FXIFY's limits. Risk-based sizing, the Pre-trade Check and the positions panel show the loss at stake on each trade and across the account.
How is the FXIFY daily loss calculated?
As a percentage of the balance recorded at 5:00 PM EST on the previous day: 4% on the 2 Phase and 3% on the 1 Phase. Equity is tested against that floor, so open losses count.
How does the FXIFY trailing drawdown work?
The maximum loss trails a high-water mark on closed balance and is tested against equity at all times. It locks at the initial balance once profit equals the drawdown, or at the first payout.
Can US residents use Arka Terminal with FXIFY?
No. FXIFY does not offer MetaTrader to clients in the United States, and Arka Terminal connects to MetaTrader accounts only.
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