Welcome to our comparison between FXIFY and The Trading Pit, where we will compare all the major aspects of each company. We will be looking into the companies themselves as well as the three-step evaluations that both offer to traders from all across the globe.
Company Details
| Company Details | FXIFY | The Trading Pit |
|---|---|---|
| Incorporation Date | 2022 | 2023 |
| CEO | John Smith | Jason Lim |
| Office Location | London, UK | Singapore |
| Scaling Plan | ✅ | ✅ |
FXIFY and The Trading Pit are two reputable and trustworthy proprietary trading firms. FXIFY was incorporated in 2022 and is managed by CEO John Smith, with its main office in London, UK. The Trading Pit, on the other hand, was incorporated in 2023 and is managed by CEO Jason Lim, operating from Singapore. Both firms provide scaling plans for traders who successfully meet evaluation requirements.
Funding Program Options
| Funding Program Options | FXIFY | The Trading Pit |
|---|---|---|
| One-step Evaluation | ❌ | ❌ |
| Two-step Evaluation | ✅ | ✅ |
| Three-step Evaluation | ✅ | ✅ |
| Instant Funding | ✅ | ❌ |
FXIFY allows traders to access two-step evaluations, three-step evaluations, and instant funding programs. The Trading Pit provides two-step and three-step evaluation programs, but currently does not offer instant funding.
Three-step Comparison
| Trading Rules/Objectives | FXIFY Alpha | FXIFY Beta | Trading Pit Prime |
|---|---|---|---|
| Profit Target (Phase 1) | 8% | 4% | 6% |
| Profit Target (Phase 2) | 4% | 4% | 6% |
| Profit Target (Phase 3) | 4% | 4% | 6% |
| Maximum Daily Loss | 4% | 4% | No Daily Drawdown |
| Maximum Loss | 8% (scalable up to 14%) | 4% (scalable up to 14%) | 5% |
| Minimum Trading Days | No Minimum | No Minimum | No Minimum |
| Maximum Trading Period | Unlimited per phase | Unlimited per phase | Unlimited per phase |
| Leverage | 1:50 | 1:50 | 1:10 |
| Profit Split | 80% | 80% | 50% up to 100% |
After covering the trading objectives of each company’s three-step evaluations, let’s take a look at the account sizes and costs associated with these programs.
Account Size & Costs
| Account Size | FXIFY Alpha | FXIFY Beta | Trading Pit Prime |
|---|---|---|---|
| $10,000 | $59 | $57 | ❌ |
| $25,000 | $138 | $132 | ❌ |
| $50,000 | $208 | $198 | ❌ |
| $100,000 | $358 | $341 | $95 (+ $205 After Passing) |
| $200,000 | $598 | $569 | ❌ |
| $250,000 | ❌ | ❌ | $225 (+ $350 After Passing) |
| $400,000 | $1,188 | $1,129 | ❌ |
FXIFY offers flexible pricing across multiple account sizes, while The Trading Pit’s three-step evaluation focuses on larger accounts with a pay-after-passing structure for higher tiers.
Brokers & Trading Platforms
| Feature | FXIFY | The Trading Pit |
|---|---|---|
| Broker | Purple Trading Seychelles | Choice of Interactive Brokers or cTrader |
| Trading Platform | MT4, MT5, cTrader, DXtrade | MT4, MT5, cTrader |
Both firms support popular platforms like MT4, MT5, and cTrader. FXIFY also offers DXtrade, while The Trading Pit gives access to brokers with simulated real-market conditions.
Trading Instruments
| Trading Instrument | FXIFY | The Trading Pit |
|---|---|---|
| Forex Pairs | ✅ | ✅ |
| Commodities | ✅ | ✅ |
| Indices | ✅ | ✅ |
| Cryptocurrencies | ❌ | ✅ |
The Trading Pit provides cryptocurrency trading in addition to Forex, Commodities, and Indices, while FXIFY does not support cryptocurrencies.
Community Feedback
| Trustpilot Statistics | FXIFY | The Trading Pit |
|---|---|---|
| Rating | 4.6/5 | 4.7/5 |
| Number of Reviews | 512 | 230 |
| 5-Star Ratings | 84% | 88% |
FXIFY has a strong rating of 4.6/5 with over 500 reviews. The Trading Pit has a slightly higher rating of 4.7/5, but with fewer total reviews, reflecting its newer presence in the industry.
Conclusion
In conclusion, FXIFY and The Trading Pit are both strong options for traders looking to undergo three-step evaluations.
- FXIFY is ideal for traders seeking multiple account sizes, flexible trading platforms, and instant funding in addition to three-step evaluations.
- The Trading Pit is better suited for traders who prefer a structured pay-after-passing model and access to cryptocurrency trading.
Both firms provide well-designed three-step evaluations, making it easier for traders to scale to larger accounts.
This concludes our comparison between FXIFY and The Trading Pit.
FXIFY Discount Code: FXIFY10
The Trading Pit Discount Code: TRADINGPIT10
Our comparison between FXIFY and The Trading Pit was last updated on 19.10.2025 at 12:30 (IST).
