Company Information

Company Name : Tradeify

Company Legal Name : Tradeify LLC

Company Registration no. : L24000114905
Operating Since : March 2024
CEO Name : Brett Simba

Challenge Details

Tradeify offers 3 challenge programs, Advanced, Growth, Straight to Sim Funded.

Advanced Details :-

Price:

$50k account: $99 per month

Rules:

Profit Target: $3,000 (6%)
Max Contracts: 5 Minis (50 Micros)
Daily Loss Limit: None
Trailing Max Drawdown: $2,000 (4%)
Drawdown Mode: Intraday
Min Trading Days to Pass: 1
Reset Fee: $45
Activation Fee: $125

Price:

$100k account: $179 per month

Rules:

Profit Target: $6,000 (6%)
Max Contracts: 10 Minis (100 Micros)
Daily Loss Limit: None
Trailing Max Drawdown: $3,000 (3%)
Drawdown Mode: Intraday
Min Trading Days to Pass: 1
Reset Fee: $89
Activation Fee: $125

Price:

$150k account: $229 per month

Rules:

Profit Target: $9,000 (6%)
Max Contracts: 15 Minis (150 Micros)
Daily Loss Limit: None
Trailing Max Drawdown: $4,500 (3%)
Drawdown Mode: Intraday
Min Trading Days to Pass: 1
Reset Fee: $99
Activation Fee: $125

Growth Details:

Price:

$50k account: $180 per month

Rules:

Profit Target: $3,000 (6%)
Max Contracts: 5 Minis (50 Micros)
Daily Loss Limit (Soft Breach): $1,250 (2.5%)
Trailing Max Drawdown: $2,000 (4%)
Drawdown Mode: End Of Day
Min Trading Days to Pass: 1
Reset Fee: $85
Activation Fee: $0

Price:

$100k account: $339 per month

Rules:

Profit Target: $6,000 (6%)
Max Contracts: 10 Minis (100 Micros)
Daily Loss Limit (Soft Breach): $2,500 (2.5%)
Trailing Max Drawdown: $3,500 (3.5%)
Drawdown Mode: End Of Day
Min Trading Days to Pass: 1
Reset Fee: $169
Activation Fee: $0

Price:

$150k account: $439 per month

Rules:

Profit Target: $9,000 (6%)
Max Contracts: 15 Minis (150 Micros)
Daily Loss Limit (Soft Breach): $3,750 (2.5%)
Trailing Max Drawdown: $5,000 (3.3%)
Drawdown Mode: End Of Day
Min Trading Days to Pass: 1
Reset Fee: $189
Activation Fee: $0

Straight to Sim Funded Details:

Price:

$50k account: $549 one-time fee

Rules:

Profit Target: None - You're Funded!
Max Contracts: 5 Minis (50 Micros)
Daily Loss Limit (Soft Breach): $1,250 (2.5%)
Trailing Max Drawdown: $2,500 (5%)
Drawdown Mode: End Of Day
Min Trading Days to Payout: 10
Consistency: 20%
Max Accounts: 7

Price:

$100k account: $629 one-time fee

Rules:

Profit Target: None - You're Funded!
Max Contracts: 10 Minis (100 Micros)
Daily Loss Limit (Soft Breach): $2,500 (2.5%)
Trailing Max Drawdown: $5,000 (5%)
Drawdown Mode: End Of Day
Min Trading Days to Payout: 10
Consistency: 20%
Max Accounts: 7

Price:

$150k account: $699 one-time fee

Rules:

Profit Target: None - You're Funded!
Max Contracts: 15 Minis (150 Micros)
Daily Loss Limit (Soft Breach): $3,750 (2.5%)
Trailing Max Drawdown: $7,500 (5%)
Drawdown Mode: End Of Day
Min Trading Days to Payout: 10
Consistency: 20%
Max Accounts: 7

Scaling Plan

Tradeify does not offer any Scaling Plan.

News Trading Rules:

Although Tradeify has not put any restriction over news trading, Tradeify does advise traders to be careful as the market becomes really volatile.

Other Important Rules:-

Daily Drawdown Calculation:

In Tradeify, Daily Drawdown is calculated based on trailing EOD Drawdown, Which means the drawdown limit will keep changing it’s position at the end of each day but the drawdown limit will not change and will remain static throughout the challenge and funded period.

Countries Banned from Purchasing:

Afghanistan
Albania
Algeria
Angola
Bahamas
Barbados
Belarus
Bosnia & Herzegovina
Botswana
Burma (Myanmar)
Burundi
Cambodia
Central African Republic
Côte d'Ivoire
Crimea
Cuba
Democratic Republic of Congo
Ecuador
Ethiopia
Ghana
Iceland
Indonesia
Iran
Iraq
Jamaica
Kosovo
Laos
Lebanon
Liberia
Libya
Mauritius
Mongolia
Montenegro
Nicaragua
North Korea
Pakistan
Panama
Papua New Guinea
Russia
Somalia
South Sudan
Sri Lanka
Sudan
Syria
Trinidad and Tobago
Tunisia
Turkey
Uganda
Ukraine
Vietnam
Venezuela
Yemen
Zimbabwe

There are few countries are eligible to purchase an evaluation account with Tradeify but will not be eligible for a Live Funded Account. They will remain on a Sim Funded account for the duration of their contract with Tradeify.

Antarctica
Bulgaria
Burkina Faso
Cameroon
Canada (Only Ontario. See this link from Tradovate for more details.)
China (Possible exception after AML review)
Croatia (Hrvatska)
Gibraltar
Haiti
Hong Kong (Possible exception after AML review)
Jordan
Kenya
Lebanon
Monaco
Morocco
Mozambique
Myanmar
Namibia
Nigeria
Philippines
Qatar
Republic of North Macedonia
Romania
Senegal
Serbia
Slovenia
South Africa
South Korea
Tanzania, United Republic of
Turkmenistan
United Arab Emirates

Prohibited Trading Strategies:

There are not many prohibited trading strategies but traders are not allowed to use High-Frequency Trading Bots.

Traders who wants to use EA, They will have to give proof that they are the sole owner of the strategy used by EA, if not then that EA is not allowed.

Payout Methods:

Tradeify offers their payouts via Rise. From there traders can withdraw their payout straight to their Bank Account or to their Crypto wallets.

Trading Commissions:

Trading Commissions set by Tradeify varies based on the account type and traders can check the commission of each instrument in this PDF provided by Tradeify - https://www.tradovate.com/TradovateAllInRates050124.pdf

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