FXIFY Trading Journal: Track Phase Rules and the Daily Loss Limit
Rules summarized as of November 2026. FXIFY's programs differ in important details and change over time; confirm the rules for your exact account on FXIFY's website. Clarity Tracking is not affiliated with FXIFY.
FXIFY is a broker-backed forex and CFD prop firm with several assessment types. There is no single FXIFY rule set, so the most useful thing a journal can do is track the limits of the program you actually bought.
FXIFY rules at a glance
| Program | Profit target | Daily loss limit | Maximum loss |
|---|---|---|---|
| 1-Phase | 10% | 3% | 6% trailing |
| 2-Phase | 10%, then 5% | 4% | 10% (check whether your variant is static or trailing) |
- Daily loss basis: FXIFY sets the daily limit from the previous day's balance at 5 PM New York time and checks it against real-time equity, so open losses count.
- Other programs: 3-Phase, Lightning and Instant accounts have their own rules.
What to track
- Daily loss used, including floating losses, against the 3% or 4% limit
- Distance to the maximum loss floor, and whether it trails
- Progress toward each phase's target
- Results by pair, session and setup
Journaling FXIFY with Clarity Tracking
FXIFY offers MetaTrader 5 among its platforms. Clarity Tracking syncs MT5 accounts automatically. Size trades with the position size calculator and check margin with the margin calculator.
Related: daily loss limit explained, FTMO journal, forex trading journal guide.
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