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Challenge Comparison Tool

Select up to 3 firms to compare their challenges, rules, and pricing side by side.

FundedCobra FundedCobra
FXIFY FXIFY
Overview
Asset Type CFD CFD
Country Jurisdiction not disclosed United Kingdom
Established - Jan 2023
Technology Proprietary White-Label
Platforms Cobra Terminal Trading View, DXTrade, MT5, MT4
Trading Rules
Profit Split 80% on Instant accounts (Cobra Venom and Premium Instant) from payout 1; up to 90% on 1-Step and 2-Step evaluations Up to 90% Best
Daily Drawdown 4% static daily loss on Instant and 1-Step accounts; 8% static daily loss on 2-Step accounts (equity-based, fixed at 00:00 UTC) 3-5% daily across Standard programs, 8% on Instant Funding
Payout Frequency Daily (Cobra Venom), Weekly (Premium Instant and 1-Step), Bi-weekly (2-Step)
Payout cadence is set per account path, not firm-wide; every request is reviewed against the account's withdrawal target, drawdown status and account checks.
On-demand
First payout on-demand with no minimum/maximum; bi-weekly available
Direct Path to Funded ✗ No ✗ No
Reviews & Reputation
Review Count 0 reviews 0 reviews
Avg. Rating No ratings yet No ratings yet
Pros & Cons
Main Benefits
  • No consistency rule on any account path. Static (non-trailing) drawdown measured from the starting balance. Daily payout requests on Cobra Venom accounts. Martingale, grid, news trading, weekend holding and partial closes are all explicitly permitted. Entry from a $14 one-time fee. Every rule that can breach an account is published on a single rules page.
  • Up to 90% profit split. On-demand first payout with no minimum or maximum amount. Five programs (One/Two/Three Phase, Lightning, Instant Funding) with 1K-400K account sizes. 100% refundable assessment fee on Standard phases. MT4, MT5, DXtrade and TradingView platforms supported.
Main Drawbacks
  • Expert Advisors and automated trading are prohibited; trading must be placed manually and copy trading is reviewed before payout. On accounts opened from 20 August 2026 hedging the same instrument is prohibited and open trades losing more than 1.5% of the account at once breach it. A single trade counts toward at most 60% of the withdrawal target, so profit above that cap is removed at close. The firm publishes no legal entity, registered address or jurisdiction anywhere on its site. The TrustPilot profile is unclaimed and carries payout-denial complaints alongside its positive reviews.
  • Two Phase 25% consistency rule on funded. Instant Funding 8% trailing drawdown is tighter than multi-phase programs. No on-demand payout until first payout cycle on Bi-weekly programs.
Offers & Promo Codes
Active Offers No offers
40% off One Phase Evals for new users. Verified live on fxify.com 2026-06-06.
26% off all FXIFY programs (excludes Instant Funding Lite). Verified via fxify.com 2026-06-02.
Father's Day Sale: 35% off all programs (Instant Funding Lite excluded). Code PAPA35. Verified live on fxify.com 2026-06-20.

Challenge Details

FundedCobra Challenges

20 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$24 $14 $0.5K Instant P1: 5% withdrawal target
P1: 4% static daily loss (equity-based)
P1: 6% maximum loss (static, equity-based)
80% None
$47 $28 $1.25K Instant P1: 5% withdrawal target
P1: 4% static daily loss (equity-based)
P1: 6% maximum loss (static, equity-based)
80% None
$36 $32 $5K 2 Steps P1: 10% phase 1 target
P2: 5% phase 2 target
P1: 8% static daily loss (equity-based)
P2: 8% static daily loss (equity-based)
P1: 12% maximum loss (static, equity-based)
P2: 12% maximum loss (static, equity-based)
Up to 90% None
$42 $38 $5K 1 Step P1: 10% evaluation target
P1: 4% static daily loss (equity-based)
P1: 6% maximum loss (static, equity-based)
Up to 90% None
$65 $59 $10K 1 Step P1: 10% evaluation target
P1: 4% static daily loss (equity-based)
P1: 6% maximum loss (static, equity-based)
Up to 90% None
$105 $63 $3.5K Instant P1: 5% withdrawal target
P1: 4% static daily loss (equity-based)
P1: 6% maximum loss (static, equity-based)
80% None
$139 $83 $5K Instant P1: 5% withdrawal target
P1: 4% static daily loss (equity-based)
P1: 6% maximum loss (static, equity-based)
80% None
$129 $116 $25K 2 Steps P1: 10% phase 1 target
P2: 5% phase 2 target
P1: 8% static daily loss (equity-based)
P2: 8% static daily loss (equity-based)
P1: 12% maximum loss (static, equity-based)
P2: 12% maximum loss (static, equity-based)
Up to 90% None
$137 $123 $25K 1 Step P1: 10% evaluation target
P1: 4% static daily loss (equity-based)
P1: 6% maximum loss (static, equity-based)
Up to 90% None
$235 $141 $9K Instant P1: 5% withdrawal target
P1: 4% static daily loss (equity-based)
P1: 6% maximum loss (static, equity-based)
80% None
$195 $176 $50K 2 Steps P1: 10% phase 1 target
P2: 5% phase 2 target
P1: 8% static daily loss (equity-based)
P2: 8% static daily loss (equity-based)
P1: 12% maximum loss (static, equity-based)
P2: 12% maximum loss (static, equity-based)
Up to 90% None
$229 $183.2 $10K Instant P1: 5% withdrawal target
P1: 4% static daily loss (equity-based)
P1: 6% maximum loss (static, equity-based)
80% None
$232 $209 $50K 1 Step P1: 10% evaluation target
P1: 4% static daily loss (equity-based)
P1: 6% maximum loss (static, equity-based)
Up to 90% None
$325 $293 $100K 2 Steps P1: 10% phase 1 target
P2: 5% phase 2 target
P1: 8% static daily loss (equity-based)
P2: 8% static daily loss (equity-based)
P1: 12% maximum loss (static, equity-based)
P2: 12% maximum loss (static, equity-based)
Up to 90% None
$367 $330 $100K 1 Step P1: 10% evaluation target
P1: 4% static daily loss (equity-based)
P1: 6% maximum loss (static, equity-based)
Up to 90% None
$599 $479.2 $25K Instant P1: 5% withdrawal target
P1: 4% static daily loss (equity-based)
P1: 6% maximum loss (static, equity-based)
80% None
$594 $535 $200K 2 Steps P1: 10% phase 1 target
P2: 5% phase 2 target
P1: 8% static daily loss (equity-based)
P2: 8% static daily loss (equity-based)
P1: 12% maximum loss (static, equity-based)
P2: 12% maximum loss (static, equity-based)
Up to 90% None
$659 $593 $200K 1 Step P1: 10% evaluation target
P1: 4% static daily loss (equity-based)
P1: 6% maximum loss (static, equity-based)
Up to 90% None
$799 $639.2 $50K Instant P1: 5% withdrawal target
P1: 4% static daily loss (equity-based)
P1: 6% maximum loss (static, equity-based)
80% None
$999 $799.2 $100K Instant P1: 5% withdrawal target
P1: 4% static daily loss (equity-based)
P1: 6% maximum loss (static, equity-based)
80% None

FXIFY Challenges

47 challenges
Price Account Size Step Profit Target Max Daily Loss Max Drawdown Profit Split Activation Fee
$19
one-time
$2.5K Instant P1: -
P1: 3%
P1: 4% trailing
Up to 90% $0
$39
one-time
$5K 3 Steps P1: $250 | 5%
P2: $250 | 5%
P3: $250 | 5%
P1: 5%
P2: 5%
P3: 5%
P1: 5% trailing
P2: 5% trailing
P3: 5% trailing
Up to 90% $0
$39
one-time
$5K Instant P1: -
P1: 3%
P1: 4% trailing
Up to 90% $0
$59
one-time
$10K 3 Steps P1: $500 | 5%
P2: $500 | 5%
P3: $500 | 5%
P1: 5%
P2: 5%
P3: 5%
P1: 5% trailing
P2: 5% trailing
P3: 5% trailing
Up to 90% $0
$59
one-time
$10K 1 Step P1: $500 | 5%
P1: 3%
P1: 4% trailing
Up to 90% $0
$59
one-time
$5K 1 Step P1: $500 | 10%
P1: 3%
P1: 6% trailing
Up to 90% $0
$59
one-time
$5K 2 Steps P1: $250 | 5%
P2: $500 | 10%
P1: 4%
P2: 4%
P1: 10% static
P2: 10% static
Up to 90% $0
$59
one-time
$5K 2 Steps P1: $500 | 10%
P2: $250 | 5%
P1: 4%
P2: 4%
P1: 10% trailing
P2: 10% trailing
Up to 90% $0
$69
one-time
$1K Instant P1: -
P1: 8%
P1: 8% trailing
Up to 90% $0
$79
one-time
$10K Instant P1: -
P1: 3%
P1: 4% trailing
Up to 90% $0
$79
one-time
$15K 3 Steps P1: $750 | 5%
P2: $750 | 5%
P3: $750 | 5%
P1: 5%
P2: 5%
P3: 5%
P1: 5% trailing
P2: 5% trailing
P3: 5% trailing
Up to 90% $0
$89
one-time
$10K 1 Step P1: $1,000 | 10%
P1: 3%
P1: 6% trailing
Up to 90% $0
$89
one-time
$10K 2 Steps P1: $500 | 5%
P2: $1,000 | 10%
P1: 4%
P2: 4%
P1: 10% static
P2: 10% static
Up to 90% $0
$89
one-time
$10K 2 Steps P1: $1,000 | 10%
P2: $500 | 5%
P1: 4%
P2: 4%
P1: 10% trailing
P2: 10% trailing
Up to 90% $0
$119
one-time
$15K 1 Step P1: $1,500 | 10%
P1: 3%
P1: 6% trailing
Up to 90% $0
$119
one-time
$15K 2 Steps P1: $750 | 5%
P2: $1,500 | 10%
P1: 4%
P2: 4%
P1: 10% static
P2: 10% static
Up to 90% $0
$119
one-time
$15K 2 Steps P1: $1,500 | 10%
P2: $750 | 5%
P1: 4%
P2: 4%
P1: 10% trailing
P2: 10% trailing
Up to 90% $0
$119
one-time
$2.5K Instant P1: -
P1: 8%
P1: 8% trailing
Up to 90% $0
$149
one-time
$25K 3 Steps P1: $1,250 | 5%
P2: $1,250 | 5%
P3: $1,250 | 5%
P1: 5%
P2: 5%
P3: 5%
P1: 5% trailing
P2: 5% trailing
P3: 5% trailing
Up to 90% $0
$149
one-time
$25K Instant P1: -
P1: 3%
P1: 4% trailing
Up to 90% $0
$149
one-time
$25K 1 Step P1: $1,250 | 5%
P1: 3%
P1: 4% trailing
Up to 90% $0
$199
one-time
$25K 1 Step P1: $2,500 | 10%
P1: 3%
P1: 6% trailing
Up to 90% $0
$199
one-time
$25K 2 Steps P1: $1,250 | 5%
P2: $2,500 | 10%
P1: 4%
P2: 4%
P1: 10% static
P2: 10% static
Up to 90% $0
$199
one-time
$25K 2 Steps P1: $2,500 | 10%
P2: $1,250 | 5%
P1: 4%
P2: 4%
P1: 10% trailing
P2: 10% trailing
Up to 90% $0
$229
one-time
$5K Instant P1: -
P1: 8%
P1: 8% trailing
Up to 90% $0
$249
one-time
$50K 3 Steps P1: $2,500 | 5%
P2: $2,500 | 5%
P3: $2,500 | 5%
P1: 5%
P2: 5%
P3: 5%
P1: 5% trailing
P2: 5% trailing
P3: 5% trailing
Up to 90% $0
$249
one-time
$50K Instant P1: -
P1: 3%
P1: 4% trailing
Up to 90% $0
$249
one-time
$50K 1 Step P1: $2,500 | 5%
P1: 3%
P1: 4% trailing
Up to 90% $0
$379
one-time
$50K 1 Step P1: $5,000 | 10%
P1: 3%
P1: 6% trailing
Up to 90% $0
$379
one-time
$50K 2 Steps P1: $2,500 | 5%
P2: $5,000 | 10%
P1: 4%
P2: 4%
P1: 10% static
P2: 10% static
Up to 90% $0
$379
one-time
$50K 2 Steps P1: $5,000 | 10%
P2: $2,500 | 5%
P1: 4%
P2: 4%
P1: 10% trailing
P2: 10% trailing
Up to 90% $0
$399
one-time
$100K 3 Steps P1: $5,000 | 5%
P2: $5,000 | 5%
P3: $5,000 | 5%
P1: 5%
P2: 5%
P3: 5%
P1: 5% trailing
P2: 5% trailing
P3: 5% trailing
Up to 90% $0
$399
one-time
$100K 1 Step P1: $5,000 | 5%
P1: 3%
P1: 4% trailing
Up to 90% $0
$449
one-time
$10K Instant P1: -
P1: 8%
P1: 8% trailing
Up to 90% $0
$549
one-time
$100K 1 Step P1: $10,000 | 10%
P1: 3%
P1: 6% trailing
Up to 90% $0
$549
one-time
$100K 2 Steps P1: $5,000 | 5%
P2: $10,000 | 10%
P1: 4%
P2: 4%
P1: 10% static
P2: 10% static
Up to 90% $0
$549
one-time
$100K 2 Steps P1: $10,000 | 10%
P2: $5,000 | 5%
P1: 4%
P2: 4%
P1: 10% trailing
P2: 10% trailing
Up to 90% $0
$799
one-time
$200K 3 Steps P1: $10,000 | 5%
P2: $10,000 | 5%
P3: $10,000 | 5%
P1: 5%
P2: 5%
P3: 5%
P1: 5% trailing
P2: 5% trailing
P3: 5% trailing
Up to 90% $0
$899
one-time
$25K Instant P1: -
P1: 8%
P1: 8% trailing
Up to 90% $0
$1049
one-time
$200K 1 Step P1: $20,000 | 10%
P1: 3%
P1: 6% trailing
Up to 90% $0
$1049
one-time
$200K 2 Steps P1: $20,000 | 10%
P2: $10,000 | 5%
P1: 4%
P2: 4%
P1: 10% trailing
P2: 10% trailing
Up to 90% $0
$1599
one-time
$400K 3 Steps P1: $20,000 | 5%
P2: $20,000 | 5%
P3: $20,000 | 5%
P1: 5%
P2: 5%
P3: 5%
P1: 5% trailing
P2: 5% trailing
P3: 5% trailing
Up to 90% $0
$1749
one-time
$50K Instant P1: -
P1: 8%
P1: 8% trailing
Up to 90% $0
$2499
one-time
$75K Instant P1: -
P1: 8%
P1: 8% trailing
Up to 90% $0
$2950
one-time
$400K 1 Step P1: $40,000 | 10%
P1: 3%
P1: 6% trailing
Up to 90% $0
$2950
one-time
$400K 2 Steps P1: $40,000 | 10%
P2: $20,000 | 5%
P1: 4%
P2: 4%
P1: 10% trailing
P2: 10% trailing
Up to 90% $0
$4249
one-time
$100K Instant P1: -
P1: 8%
P1: 8% trailing
Up to 90% $0