Pros include access to capital, training, and potential high profits. Cons include risk of losses, performance pressure, and profit-sharing with the firm.

Yes, reputable prop firms do pay traders a share of their profits based on agreed-upon terms and performance.

A prop trading firm is a financial company that provides capital to traders (prop traders) to trade the firm's money in financial markets, aiming to generate profits for both the trader and the firm.

We will start processing your FXIFY™ account as soon as we receive the payment. We normally process your FXIFY™ account within just a few minutes (Please note: Sometimes Crypto payments can take longer depending on network congestion).  When we create your trading account, you will receive your FXIFY™ account details via email, and your login credentials to the trading platform can be found directly in your dashboard and via email. *Please monitor your mailbox, including spam/junk folders. Make sure you safeguard your login credentials and that you don’t authorise anybody besides yourself to access them.  

We do not have any hidden fees. All relevant trading commissions depending on the price feed selected, spread or swaps are communicated via our FAQ section, accessible at all times before completion of the purchase. You are able to customize any of the plans offered at the checkout if you wish - based on each account's available customization such as the extra cost based on the add-on for an account. The purchase fee covers the challenge and verification. Your purchase fee gets reimbursed to you with your first payout on request for 1,2 and 3 Phase plans.