No, this would be a hard breach.
FAQ Category: All FAQs
[Educational Course] – What is the daily drawdown limit?
The Educational Instant funding account has a daily drawdown limit of 6%. Traders must ensure they do not exceed this limit. If you hit or exceed the 6% drawdown limit, your account will be breached, and you will no longer be able to trade on that account.
Daily Loss Limit is calculated based on the balance at the end of the previous day, the balance recorded at 5PM EST time.
[Educational Course] Is there a prize for passing the free educational course?
Passing the educational course will give you the opportunity to get a $1k Instant Funded account for just a $10 activation fee.
What is the minimum withdrawal amount for all account types?
The minimum withdrawal amount for all account types is $50. Once your account balance exceeds this threshold and you have met the required conditions, you are eligible to request a payout.
What Instruments are offered by FXIFY?
Please find a list below of the instruments offered on the FOREX plans by FXIFY. Please contact support@fxify.com if you have any questions:
| Symbol Name | Symbol Description | Contract Size | Digit | Base CCY | Quote CCY |
| FOREX | |||||
| AUDCAD.r | Australian Dollar vs Canadian Dollar | 100000 | 5 | AUD | CAD |
| AUDCHF.r | Australian Dollar vs Swiss Franc | 100000 | 5 | AUD | CHF |
| AUDJPY.r | Australian Dollar vs Japanese Yen | 100000 | 3 | AUD | JPY |
| AUDNZD.r | Australian Dollar vs New Zealand Dollar | 100000 | 5 | AUD | NZD |
| AUDUSD.r | Australian Dollar vs US Dollar | 100000 | 5 | AUD | USD |
| CADCHF.r | Canadian Dollar vs Swiss Franc | 100000 | 5 | CAD | CHF |
| CADJPY.r | Canadian Dollar vs Japanese Yen | 100000 | 3 | CAD | JPY |
| CHFJPY.r | Swiss Franc vs Japanese Yen | 100000 | 3 | CHF | JPY |
| EURAUD.r | Euro vs Australian Dollar | 100000 | 5 | EUR | AUD |
| EURCAD.r | Euro vs Canadian Dollar | 100000 | 5 | EUR | CAD |
| EURCHF.r | Euro vs Swiss Franc | 100000 | 5 | EUR | CHF |
| EURGBP.r | Euro vs Great Britain Pound | 100000 | 5 | EUR | GBP |
| EURJPY.r | Euro vs Japanese Yen | 100000 | 3 | EUR | JPY |
| EURMXN.r | Euro vs Mexican Peso | 100000 | 5 | EUR | MXN |
| EURNZD.r | Euro vs New Zealand Dollar | 100000 | 5 | EUR | NZD |
| EURTRY.r | Euro vs Turkish Lira | 100000 | 5 | EUR | TRY |
| EURUSD.r | Euro vs US Dollar | 100000 | 5 | EUR | USD |
| GBPAUD.r | Great Britain Pound vs Australian Dollar | 100000 | 5 | GBP | AUD |
| GBPCAD.r | Great Britan Pound vs Canadian Dollar | 100000 | 5 | GBP | CAD |
| GBPCHF.r | Great Britain Pound vs Swiss Franc | 100000 | 5 | GBP | CHF |
| GBPJPY.r | Great Britain Pound vs Japanese Yen | 100000 | 3 | GBP | JPY |
| GBPNZD.r | Great Britan Pound vs New Zealand Dollar | 100000 | 5 | GBP | NZD |
| GBPUSD.r | Great Britain Pound vs US Dollar | 100000 | 5 | GBP | USD |
| NZDCAD.r | New Zealand Dollar vs Canadian Dollar | 100000 | 5 | NZD | CAD |
| NZDCHF.r | New Zealand Dollar vs Swiss Franc | 100000 | 5 | NZD | CHF |
| NZDJPY.r | New Zealand Dollar vs Japanese Yen | 100000 | 3 | NZD | JPY |
| NZDUSD.r | New Zealand Dollar vs US Dollar | 100000 | 5 | NZD | USD |
| USDCAD.r | US Dollar vs Canadian Dollar | 100000 | 5 | USD | CAD |
| USDCHF.r | US Dollar vs Swiss Franc | 100000 | 5 | USD | CHF |
| USDCNH.r | US Dollar vs Renminbi | 100000 | 5 | USD | CNH |
| USDCZK.r | US Dollar vs Czech Republic Koruna | 100000 | 4 | USD | CZK |
| USDDKK.r | US Dollar vs Danish Koruna | 100000 | 5 | USD | DKK |
| USDHKD.r | US Dollar vs Hong Kong Dollar | 100000 | 5 | USD | HKD |
| USDHUF.r | US Dollar vs Hungarian Forint | 100000 | 3 | USD | HUF |
| USDILS.r | US Dollar vs Israeli Shekel | 100000 | 5 | USD | ILS |
| USDJPY.r | US Dollar vs Japanese Yen | 100000 | 3 | USD | JPY |
| USDMXN.r | US Dollar vs Mexican Peso | 100000 | 5 | USD | MXN |
| USDNOK.r | US Dollar vs Norwegian Krone | 100000 | 5 | USD | NOK |
| USDPLN.r | US Dollar vs Polish Zloty | 100000 | 5 | USD | PLN |
| USDSEK.r | US Dollar vs Swedish Krona | 100000 | 5 | USD | SEK |
| USDSGD.r | US Dollar vs Singapore Dollar | 100000 | 5 | USD | SGD |
| USDTRY.r | US Dollar vs Turkish Lira | 100000 | 5 | USD | TRY |
| USDZAR.r | US Dollar vs South African Rand | 100000 | 5 | USD | ZAR |
| METALS | |||||
| XAGUSD.r | US Dollar – Silver | 5000 | 3 | – | USD |
| XAUUSD.r | US Dollar – Gold | 100 | 2 | – | USD |
| XAUEUR.r | Euro – Gold | 100 | 2 | – | EUR |
| XPDUSD.r | US Dollar – Paladium | 100 | 2 | – | USD |
| XPTUSD.r | US Dollar – Platium | 100 | 2 | – | USD |
| INDEXES | |||||
| AUS200.r | Australia 200 Index | 10 | 2 | – | AUD |
| DE30.r | DAX – Germany | 10 | 2 | – | EUR |
| DJ30.r | Dow Jones 30 Index | 10 | 2 | – | USD |
| ES35.r | IBEX 35 Index | 10 | 2 | – | EUR |
| F40.r | France 40 Index | 10 | 2 | – | EUR |
| HKG50.r | Hang Sang Index | 100 | 2 | – | HKD |
| JPN225.r | Japan 225 Index | 1000 | 2 | – | JPY |
| RUS2000.r | Russell 2000 Index | 100 | 2 | – | USD |
| STOXX50.r | Euro Stoxx 50 Index | 10 | 2 | – | EUR |
| UK100.r | UK 100 Index | 10 | 2 | – | GBP |
| US400.r | S&P Midcap 400 Index | 100 | 2 | – | USD |
| US500.r | S&P 500 Index | 100 | 2 | – | USD |
| USTEC.r | Nasdaq 100 Index | 10 | 2 | – | USD |
| VIX.r | Volatility Index | 1000 | 2 | – | USD |
| COMMODITIES | |||||
| UKOIL.r | Crude Oil (Brent) | 1000 | 3 | – | USD |
| USOIL.r | Crude Oil (WTI) | 1000 | 3 | – | USD |
| NGAS.r | Natural Gas Spot | 1000 | 3 | – | USD |
| STOCKS | |||||
| AALd | American Airlines Group Inc. | 1000 | 2 | – | USD |
| AAPLd | Apple Inc. | 100 | 2 | – | USD |
| ABNBd | Airbnb Inc. | 100 | 2 | – | USD |
| AMZNd | Amazon.com, Inc. | 100 | 2 | – | USD |
| BABAd | Alibaba Group Holding Ltd | 100 | 2 | – | USD |
| COINd | Coinbase | 100 | 2 | – | USD |
| CSCOd | Cisco System Inc. | 1000 | 2 | – | USD |
| DISd | Walt Disney Company | 100 | 2 | – | USD |
| EBAYd | eBay Inc. | 1000 | 2 | – | USD |
| FBd | Facebook Inc. | 100 | 2 | – | USD |
| Fd | Ford Motor Company | 10000 | 2 | – | USD |
| GOOGd | Google Inc. | 100 | 2 | – | USD |
| HDd | The Home Depot Inc. | 100 | 2 | – | USD |
| INTCd | Intel Corporation | 1000 | 2 | – | USD |
| JPMd | JP Morgan Chase | 100 | 2 | – | USD |
| MRNAd | Moderna Inc. | 100 | 2 | – | USD |
| MSFTd | Microsoft Corporation | 100 | 2 | – | USD |
| NFLXd | Netflix | 100 | 2 | – | USD |
| NKEd | Nike Inc. | 100 | 2 | – | USD |
| ORCLd | Oracle | 1000 | 2 | – | USD |
| PTONd | Peloton Interactive Inc. | 100 | 2 | – | USD |
| PYPLd | Paypal | 100 | 2 | – | USD |
| QCOMd | Qualcomm Inc. | 1000 | 2 | – | USD |
| SBUXd | Starbucks Corp | 100 | 2 | – | USD |
| TSLAd | Tesla Motors Inc. | 100 | 2 | – | USD |
| UBERd | Uber | 1000 | 2 | – | USD |
| WMTd | Wal-Mart Stores Inc. | 100 | 2 | – | USD |
| XOMd | Exxon Mobil Corporation | 1000 | 2 | – | USD |
Please be aware that Crypto trading is not available on the FOREX plans.
