How do withdrawals affect drawdown on 1 and 2 phase accounts
When you request a withdrawal, the Max Drawdown locks at your starting balance, regardless of profits made. This means the buffer created by your profits…
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When you request a withdrawal, the Max Drawdown locks at your starting balance, regardless of profits made. This means the buffer created by your profits…
As a professional Prop Trading firm, FXIFY must adhere to Anti-Money Laundering (AML) laws and Know Your Customer (KYC) procedures. These measures are essential to…
We only allow traders to register a single profile with FXIFY. Creating multiple profiles, including using different email addresses for the same person, is not…
There are 6 possible scenarios: You haven’t signed the contract You have an outstanding payout You breached your account You still have open trades You…
Verification of the account, also referred to as KYC verification: Know Your Client ( KYC) is a standard and mandatory step that all financial institutions…