Details About Tradeify
- Legal Name: The legal name of Tradeify is Tradeify LLC.
- Company Number: The registration number of Tradeify is L24000114905.
- Country of Registration: Tradeify is registered in US.
- CEO: The CEO of Tradeify is Brett Simba.
- Support Mail: You can contact Tradeify at [email protected].
- Phone: The phone number for Tradeify is not publicly available.
- Payment Modes: Tradeify supports payments via Credit/Debit Card, Crypto.
- Withdrawal Modes: Tradeify facilitates withdrawals through Rise.
- Official Website: Visit the official website of Tradeify at https://tradeify.co.
- Banned Countries: Tradeify does not allow traders from AF, AL, DZ, BS, BB, BY, BA, BW, KH, CF, CD, CI, CU, EC, ET, GH, IS, ID, IR, IQ, JM, KP, LA, LB, LR, LY, MU, MN, MM, NI, PK, PA, PG, RU, SO, LK, SD, SY, TT, TN, TR, UG, UA, VE, VN, YE, ZW, ME, SS, XK.
Challenge Details at Tradeify
- Types of Challenge:The challenges offered at Tradeify include One Phase Challenge, Instant Funding.
- Trading Platforms:Tradeify supports trading on Ninjatrader, Tradovate.
- Trading Instruments:Traders at Tradeify can trade Futures, Stocks, Indices, Metals, Energies, Crypto.
- Broker:The broker associated with Tradeify is not disclosed.
- Max Allocation:The maximum allocation provided by Tradeify is 1,000,000.
- Scaling:The scaling potential at Tradeify reaches up to not available.
- Trading Competitions:Tradeify does not organize trading competitions for traders.
- Free Trials:Tradeify does not offer free trials to its users.
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
Tradeify Challenge Account Pricing
Advance
Pricing
Size: 50000 ($99)
Size: 100000 ($179)
Size: 150000 ($229)
Features
Drawdown Type
Equity Based Drawdown
Copy Trading
Copy Trading Allowed
Drawdown
4%
EA Allowed
EA Allowed
News Trading
News Trading is Allowed
Profit Target
6%
Daily Loss
N/A%
Growth (50K ACCOUNT)
Pricing
Size: 50000 ($180)
Features
Drawdown Type
Equity Based Drawdown
Copy Trading
Copy Trading Allowed
Drawdown
4%%
EA Allowed
EA Allowed
News Trading
News Trading is Allowed
Profit Target
6%
Daily Loss
3%
Growth (100K ACCOUNT)
Pricing
Size: 100000 ($339)
Features
Drawdown Type
Equity Based Drawdown
Copy Trading
Copy Trading Allowed
Drawdown
3.5%
EA Allowed
EA Allowed
News Trading
News Trading is Allowed
Profit Target
6%
Daily Loss
3%
Growth (150K ACCOUNT)
Pricing
Size: 150000 ($439)
Features
Drawdown Type
Equity Based Drawdown
Copy Trading
Copy Trading Allowed
Drawdown
3.3%
EA Allowed
EA Allowed
News Trading
News Trading is Allowed
Profit Target
6%
Daily Loss
3%
Straight to Sim Funded
Pricing
Size: 50000 ($549)
Size: 100000 ($629)
Size: 150000 ($699)
Features
Drawdown Type
Equity Based Drawdown
Copy Trading
Copy Trading Allowed
Drawdown
5%%
EA Allowed
EA Allowed
News Trading
News Trading is Not Allowed
Profit Target
None
Daily Loss
3%
Frequently Asked Questions
Reviews
No reviews availavle!
Banned Countries by Tradeify
Countries highlighted in red are restricted.