CEOBrett Simberkoff
Country
flag
US
Date Created6/1/2024
Years in Operation2
Tradeify logo
Tradeify
35%OFF

Tradeify Prop Firm Details

Firm Overview

Broker:

TradovateTradovate

Platform:

Ninja TraderNinja TraderTradingviewTradingviewTradovateTradovateQuantowerQuantowerTrade SeaTrade SeaRithmicRithmic

Payment Methods:

 Credit Card Credit CardCryptoCryptoPaypalPaypal

Payout Methods:

RiseworksRiseworksPlanePlane

Type of Instruments:

futures

Leverage

Growth

  • 25k: 1 minis / 10 micros

  • 50k: 4 minis / 40 micros

  • 100k: 8 minis / 80 micros

  • 150k: 12 minis / 120 micros


Select (Daily & Flex)

  • 25k: 1 minis / 10 micros

  • 50k: 4 minis / 40 micros

  • 100k: 8 minis / 80 micros

  • 150k: 12 minis / 120 micros


Lightning

  • 25k: 1 minis / 10 micros

  • 50k: 4 minis / 40 micros

  • 100k: 8 minis / 80 micros

  • 150k: 12 minis / 120 micros

Commissions

Account Sizes

  • Growth: 25k / 50k / 100k / 150k

  • Select: 25k / 50k / 100k / 150k

  • Lightning: 25k / 50k / 100k / 150k

Max Allocation

  • You can trade up to total Five funded accounts

Example: Five accounts of 50k which is total of 250k or Five accounts of 150k which is total 750k

Daily & Maximum Loss

  • Growth 25k: 2.4% Daily Loss / 4% Maximum Loss

  • Growth 50k: 2.5% Daily Loss / 4% Maximum Loss

  • Growth 100k: 2.5% Daily Loss / 3.5% Maximum Loss

  • Growth 150k: 2.5% Daily Loss / 3.33% Maximum Loss


  • Select Challenge 25k: No Daily Loss / 4% Maximum Loss

  • Select Challenge 50k: No Daily Loss / 4% Maximum Loss

  • Select Challenge 100k: No Daily Loss / 3% Maximum Loss

  • Select Challenge 150k: No Daily Loss / 3% Maximum Loss


  • Select Funded Daily 25k: 2% Daily Loss / 4% Maximum Loss

  • Select Funded Daily 50k: 2% Daily Loss / 4% Maximum Loss

  • Select Funded Daily 100k: 1.25% Daily Loss / 2.5% Maximum Loss

  • Select Funded Daily 150k: 1.16% Daily Loss / 2.33% Maximum Loss


  • Select Funded Flex 25k: No Daily Loss / 4% Maximum Loss

  • Select Funded Flex 50k: No Daily Loss / 4% Maximum Loss

  • Select Funded Flex 100k: No Daily Loss / 3% Maximum Loss

  • Select Funded Flex 150k: No Daily Loss / 3% Maximum Loss


  • Lightning 25k: No Daily Loss / 4% Maximum Loss

  • Lightning 50k: 2.5% Daily Loss / 4% Maximum Loss

  • Lightning 100k: 2.5% Daily Loss / 4% Maximum Loss

  • Lightning 150k: 2.5% Daily Loss / 4% Maximum Loss


Note: If you hit the daily loss limit, the account will be frozen until the next day, then you can continue trading

Drawdown

  • All challenges, funded & instant accounts: Trailing EOD Drawdown

Consistency Rules

  • Growth Challenge: None

  • Growth Funded: 35%

  • Select Challenge: 40%

  • Select Funded: None

Lightning Instant: starts Consistency 20%, Consistency 25% after the first payout, Consistency 30% after the second payout

News Trading

Allowed

  • Both Challenges & Funded

Not Allowed

  • Over 50% of your trades are longer than 10 seconds AND over 50% of your profit must come from trades held longer than 10 seconds, If you do not meet the criteria, you will not be able to activate the evaluation or request a payout

Overnight & Weekends Holding

  • Overnight holding is not allowed; trades will be closed automatically by the system before the end of the trading day

Copy Trading

Allowed

  • Copy Trading is ONLY allowed between Tradeify challenges & funded, all under the same name

  • Copy trading between Tradeify and other prop firms is allowed if the trader owns all accounts involved, Tradeify may request verification that all accounts involved are registered under the exact same name as per Tradeify records; any variation in spelling or identity will not be accepted

  • Use of any copy trading tools is allowed, including Tradovate’s built-in copy trading, Replikanto, or any other third-party

Best website/app to copy trades between your own accounts:

https://bit.ly/4rSqXq7

Not Allowed

  • Copy Trading from other traders whether inside or outside Tradeify or even signals

Experts

Allowed

  • Both challenges & funded

  • EA must be customized to suit your trading style; you are the owner of the expert and not shared with others

Not Allowed

  • Using the EA across multiple firms

  • HFT bot

VPN/VPS

  • Use paid VPN or VPS, specific IP within specific country each time you connect

  • Free VPN involve multiple users and sharing the same IP address, which can pose security risks and loss of your account

  • Sharing your VPS connection with others is prohibited

Payout Policy

Growth

  • Minimum 5 winning days before the first withdrawal

  • Winning day profits: $100 for 25K, $150 for 50K, $200 for 100K, and $250 for 150K

  • Profit share : 90%


Account balance required to request a payout

  • 25K Account: required balance $26,500

  • 50K Account: required balance $53,000

  • 100K Account: required balance $104,500

  • 150K Account: required balance $156,500


Minimum withdrawal

  • 25K Account: minimum $250

  • 50K Account: minimum $500

  • 100K Account: minimum $1,000

  • 150K Account: minimum $1,500


Maximum withdrawal

  • 25K Account: every payout $1,000

  • 50K Account: first payout $1,500, second $2,000, third $2,500, fourth and more $3,000

  • 100K Account: first payout $2,000, second $2,500, third $3,000, fourth and more $4,000

  • 150K Account: first payout $2,500, second $3,000, third $4,000, fourth and more $5,000


Select Flex

  • Minimum 5 winning days before the first withdrawal

  • Winning day profits: $100 for 25K, $150 for 50K, $200 for 100K, and $250 for 150K

  • No minimum account balance required to request a payout

  • Profit share : 90%


Payout limits

  • 25K Account: up to 50% of profits with a cap of $1,250 per payout

  • 50K Account: up to 50% of profits with a cap of $3,000 per payout

  • 100K Account: up to 50% of profits with a cap of $4,000 per payout

  • 150K Account: up to 50% of profits with a cap of $5,000 per payout



Select Daily

  • No minimum 5 winning days required


Account balance required to request a payout

  • 25K Account: required balance $26,100

  • 50K Account: required balance $52,100

  • 100K Account: required balance $102,600

  • 150K Account: required balance $153,600

  • Minimum withdrawal $250

Note: you cannot withdraw profits that would bring your account balance below the buffer amount mentioned above. Only profits above the buffer are eligible for withdrawal, up to the payout cap


Maximum withdrawal

  • 25K Account: maximum $600 per payout

  • 50K Account: maximum $1,000 per payout

  • 100K Account: maximum $1,500 per payout

  • 150K Account: maximum $2,500 per payout

  • Reward share: traders receive 90% of the requested Performance Reward


Lightning Instant

  • No minimum 5 winning days required


Account balance required to request a payout

  • 25K Account: $26,500 for the first payout, $26,000 for the second payout and after

  • 50K Account: $53,000 for the first payout, $52,000 for the second payout and after

  • 100K Account: $106,000 for the first payout, $103,500 for the second payout and after

  • 150K Account: $159,000 for the first payout, $154,500 for the second payout and after

  • Minimum withdrawal $1,000


Maximum withdrawal

  • 25K Account: maximum $1,000 per payout

  • 50K Account: maximum $2,000 per payout, and on the fourth payout it becomes $2,500

  • 100K Account: maximum $2,500 per payout, and on the fourth payout it becomes $3,000

  • 150K Account: maximum $3,000 per payout, and on the fourth payout it becomes $3,500

Note: payouts after the fourth remain capped at the same level as the fourth payout


Tradeify Elite Program

  • Eligibility: 5 total payouts since the last live transition across all plan types

  • Works on any plan type

  • No Sim Funded profit cap

  • Daily payouts

Inactivity Rules

  • Challenge account would be closed if there is no open/close position in 7 consecutive days

Prohibited Strategies

  • Account or device sharing, Grid Trading, Latency Arbitrage, Reverse Hedge

Restricted Countries

Afghanistan
Afghanistan
Albania
Albania
Antarctica
Antarctica
Antigua And Barbuda (UK)
Antigua And Barbuda (UK)
Bangladesh
Bangladesh
Belarus
Belarus
Belize (UK)
Belize (UK)
Bouvet Island
Bouvet Island
Burkina Faso
Burkina Faso
Burundi
Burundi
Cape Verde
Cape Verde
Chad
Chad
Comoros
Comoros
Cook Islands
Cook Islands
Cote d'Ivoire
Cote d'Ivoire
Cuba
Cuba
Congo
Congo
Djibouti
Djibouti
Eritrea
Eritrea
Fiji
Fiji
Guinea
Guinea
Guinea-Bissau
Guinea-Bissau
Grenada
Grenada
Iran
Iran
Iraq
Iraq
North Korea
North Korea
Lebanon
Lebanon
Lesotho
Lesotho
Libya
Libya
Malawi
Malawi
Malaysia
Malaysia
Mali
Mali
Myanmar
Myanmar
Palestine
Palestine
Rwanda
Rwanda
Russia
Russia
Sierra Leone
Sierra Leone
South Sudan
South Sudan
Sri Lanka
Sri Lanka
Sudan
Sudan
Tajikistan
Tajikistan
East Timor
East Timor
Tuvalu
Tuvalu
Ukraine
Ukraine
Venezuela
Venezuela
Vietnam
Vietnam
Yemen
Yemen
Mauritius
Mauritius
Somalia
Somalia
Ecuador
Ecuador
Syria
Syria
Zimbabwe
Zimbabwe
Turkey
Turkey
Israel
Israel
Pakistan
Pakistan
Tunisia
Tunisia
Barbados
Barbados
Trinidad And Tobago
Trinidad And Tobago
Nicaragua
Nicaragua
Indonesia
Indonesia
Bahamas
Bahamas
Montenegro
Montenegro
Iceland
Iceland
Morocco
Morocco
Algeria
Algeria

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