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FAQs / All FAQs

AllFAQs

All FAQs
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Lightning Plan
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Everything you need to know about our platform, evaluations and how to set up your FXIFY™ account.
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[Lightning Plan] What’s the daily drawdown limit?

The Lightning  Plan has a daily drawdown limit of 3%. Traders must ensure they do not exceed this limit. If you hit or exceed the…

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[Lightning Plan] How does trailing drawdown work on Lightning Plan?

The Max Trailing Drawdown is fixed at 4% of your starting balance and moves (or “trails”) your High Water Mark (‘HWM’) until 4% profit is…

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[Lightning Plan] What is the profit target?

The profit target for the Lightning  Plan is 5%. Traders must achieve this within the 7-day time limit to successfully complete the challenge and qualify…

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[Lightning Plan] Are there specific trading hours or time windows for the Lightning Plan?

No, there are no restrictions on trading hours. The only time window restrictions are Major News Events, trading 5 mins before or after a high…

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[Lightning Plan] Can I hold positions overnight?

Yes, traders in the Lightning  Plan are allowed to hold positions overnight without any restrictions.

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Do you still need help?

Everything you need to know about our platform, evaluations and how to set up your FXIFY™ account.
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