What's FXIFY's Expected Value? A 1-Year Simulation of the 3 Two Phase Plans and One Phase Shows Classic and Pro Neck-and-Neck, Trailing Plans at Half [September 2026]

※ Rules and prices were confirmed on the FXIFY official site (program pages, FAQ, official blog) on September 27, 2026. All prices are the list price for a $100K account (no coupon).

Conclusion

• At 1% risk per trade and "medium" skill, Two Phase Pro (+$21,510) and Two Phase Classic (+$20,818) are nearly tied at the top. At 1.5% risk, Classic came out #1 across every skill level.
• Two Phase Standard and One Phase land at roughly half of the top two (+$9,938 / +$11,278 at 1% risk, medium skill). Both have a max loss that's "trailing behind your locked-in balance," and payouts come once a month after the first one.
• Classic benefits from a static 10% max loss and getting its fee refunded at the first payout. Pro doesn't get a refund, but in exchange its target is lower (4%→8%) and payouts come every 10 days.
• The only case that came out positive at zero skill (50% win rate) was Classic at 1.5% risk per trade (+$925). Picking a plan doesn't manufacture an edge.
• To use an EA on FXIFY, every plan requires pre-approval from support. Instant Funding bans EAs entirely, so it isn't covered in this article.

FXIFY's plans ($100K equivalent)

The daily loss basis is the balance recorded at 5pm ET the previous day (6am the next morning JST, 7am during winter time). If floating equity (including floating loss) dips below that line for even one second, you fail.

Standard's and One Phase's max loss is set 10% (One Phase: 6%) below the highest locked-in balance so far, and the line rises as your balance rises. Once profit reaches 10% (One Phase: 6%) or a payout is processed, the line stops at the initial balance. In other words, once you've taken a payout, dropping even $1 below the initial balance is a fail.

Simulation assumptions

What's held fixed

• 1 year (250 trading days) · up to 3 trades/day · take-profit and stop-loss both 1:1
• Daily loss is capped at 2.5% of initial balance across every plan (once the next loss would push you past 2.5% or the firm's own daily limit, no more trades that day)
• Risk per trade, floating loss, and daily loss never exceed 3%
• Lot size is fixed at r% of initial balance; only one position at a time
• Cost is 5% of risk per trade (win: +0.95R, loss: -1.05R). For USD/JPY, that's a 1.5-pip round-trip cost against a 30-pip SL/TP, or 2 pips against 40 pips
• On a fail, the same plan is repurchased; no scaling; profit still sitting in the account at year-end doesn't count
• Payout intervals follow each plan's official rules (Classic: 14 days, Pro: 10 days, Standard and One Phase: first payout after 5 trading days, then monthly)
• 20,000 runs per condition

What's varied

• Plan
• Skill: 50% win rate (zero) / 52% (small) / 55% (medium) / 58% (strong)
• Risk per trade r (0.5% / 1.0% / 1.5%)
• How much profit to leave in the account at payout time (the best amount for each plan was chosen)

What this model does not include

• Classic's 25% consistency rule at the funded stage (not included in the table figures — a stricter calculation applying it even during evaluation is covered in "Why the results diverge")
• Classic's "100% split, every 30 days" option (its price can only be confirmed at checkout)
• Pro's 5% payout cap, which officially applies only to the first 2 payouts, is applied to every payout in this model (a slightly harsher assumption)
• Pro's $4,000 daily profit cap (at 3 trades/day and max 1.5% risk, even if the 3rd win pushes past it, no more trades happen that day anyway, so it has no effect)
• Paid add-ons like a 90% split or bi-weekly payouts, leverage, news/weekend handling, and the 60-day no-trading rule

The expected-value formulas

Expected value per trade

With a 1:1 take-profit/stop-loss and cost set at 5% of risk per trade (0.05R), a win is +0.95R and a loss is -1.05R. With win rate p,

Expected value per trade = p × 0.95R − (1 − p) × 1.05R = (2p − 1.05) × R

Expected value over 1 year

1-year EV = average payout received + average fee refunded − average fee paid

• Payout received = withdrawal amount × profit split (80% for every plan in this article)
• Fee refunded: Classic, Standard, and One Phase get 100% back at the first payout. Pro gets none
• Fee paid = fee × number of purchases in a year (rebought every time you fail)

The loss side is capped at "fee × number of purchases," but a passed account's payout has no ceiling. None of these three averages can be derived analytically, so we ran a full year of trading under the actual rules 20,000 times and took the average (Monte Carlo method).

A worked example in USD/JPY

On a $100K account at 1% risk per trade, R is $1,000. In USD/JPY (¥150/$1) with a 30-pip SL/TP, that's 5 lots; at a 1.5-pip round-trip cost, that's $50 — exactly 5% of risk (0.05R). At a 55% win rate, 0.55 × $950 − 0.45 × $1,050 = +$50 EV per trade. For the detailed lot-size and cost tables, see the 4-firm comparison article.

0.5% risk per trade: average 1-year take-home minus fees

1.0% risk per trade

1.5% risk per trade

At 1.5% risk per trade, once you take one loss, a second loss would push you past 2.5%, so trading stops there for the day.

Why the results diverge

Standard and One Phase fall short because your cushion evaporates every time you take a payout. Once a payout is processed, the max-loss line rises to the initial balance, so unless you leave profit in the account, the very next loss can fail you. In this simulation, leaving 8% of profit in the account before withdrawing at 1% risk per trade gave the best result. Even so, since payouts only come once a month, the profit left in the account is slow to become cash in hand.

Classic's funded stage has a consistency rule: "your best day's profit can't exceed 25% of the sum of all profit days in the period." This isn't included in the table figures, but even under the stricter calculation that applies this rule during evaluation too, the results were +$19,383 at 1% risk/medium skill and +$22,439 at 1.5% risk/medium skill. Even with the wait imposed by consistency, it still beats Standard and One Phase.

Which one to buy

FAQ

Q. Which FXIFY plan has the highest expected value?

At 1% risk per trade and "medium" skill, Two Phase Pro (+$21,510) and Two Phase Classic (+$20,818) are nearly identical, and at 1.5% risk, Classic came out #1 at every skill level. Standard and One Phase land at roughly half of that.

Q. Does FXIFY refund the fee?

For One Phase and Two Phase (Classic, Standard), the fee is refunded together with your first payout request. Two Phase Pro's official FAQ states that the fee is not refunded alongside a payout.

Q. How often can you withdraw on FXIFY?

It depends on the plan. Classic is every 14 days at an 80% split (every 30 days at 100%), and Pro is every 10 days. Standard and One Phase let you request the first payout any time after 5 trading days on the funded account, then once a month from the second payout onward (bi-weekly is an add-on). Pro's first 2 payouts are capped at 5% of the account or $8,000.

Q. What happens to max loss when you withdraw?

On Standard and One Phase, the max-loss line locks to the initial balance the moment a payout is processed. From then on, dropping below the initial balance is a fail. Classic and Pro are static, so the line doesn't move on payout.

Q. Can you use an EA on FXIFY?

Yes, on the 1/2/3-phase challenges and their funded accounts, but it requires review and pre-approval from support. The official FAQ states that using one without approval can get your account paused without receiving the profit. Instant Funding bans EAs, bots, and copy trading.

Q. I want to run this with my own assumptions

We've published the simulation engine and this article's FXIFY config file. Running python sim-prop-ev.py fxify.json reproduces the same tables. Win rate and lot size can be changed inside the engine (requires Python and numba).

Related

• 🏢 FXIFY guide
• 📋 FXIFY price comparison
• 📊 FTMO / The5ers / Fintokei / Hantec expected-value comparison
• 📊 Differences between 1-step, 2-step, and instant

Sources: FXIFY "Two Phase," "One Phase," "How It Works," "Introducing FXIFY 2-Phase Pro," "Top Prop Firms with Two-Phase Challenges," FAQ "How do you calculate the Daily Loss Limit?," "How do you calculate the Max Trailing Drawdown?," "2 Phase Pro: refund," "2 Phase Pro: trading days," "Can I use an Expert Advisor?." All confirmed September 27, 2026.