Tradeify
FuturesOverview
GENERAL INFORMATION
- Firm Name
Tradeify
- Established
June 2024
- Location
United States
- CEO
Brett Simberkoff
- Trustpilot Rating
4.6
- Instrument Types
Futures
- Programs
1-Step (Growth, Select [Flex & Daily]); Instant (Lightning Funded)
PLATFORM & DATA
- Broker
Rithmic, Tradovate, WealthCharts
- Platforms
NinjaTrader, Quantower, Rithmic, Sierra Chart, Tradesea, TradingView, Tradovate, WealthCharts
PAYMENT & PAYOUT METHODS
- Payment Methods
Apple Pay, Credit Card, Crypto, PayPal
- Payout Methods
Plane, Riseworks
- Payout Processor
Plane, Riseworks
INSTRUMENTS & ASSETS
- Assets
Futures
Challenges & pricing
| Account | Price | Target | Max loss | Drawdown | Min days |
|---|---|---|---|---|---|
| 25K | $64 $99 | $1,500 | $1,000 | Trailing Max Drawdown (EOD) | 5 |
| 50K | $94 $145 | $3,000 | $2,000 | Trailing Max Drawdown (EOD) | 5 |
| 100K | $166 $255 | $6,000 | $3,500 | Trailing Max Drawdown (EOD) | 5 |
| 150K | $240 $369 | $9,000 | $5,000 | Trailing Max Drawdown (EOD) | 5 |
Rules & conditions
DRAWDOWN & RULES
- Drawdown Type
Trailing Max Drawdown (EOD; locks automatically when end-of-day balance exceeds the threshold by $100, e.g. $52,100 on a $50K account)
- Daily Loss Limit
Daily Loss Limit (DLL) present — warns never to use it as a stop loss (slippage may breach Trailing Max Drawdown). $ amount not stated.
- Consistency Rule
Growth: 35% (sim-funded). Lightning: 20% (1st payout), 25% (2nd), 30% (3rd+). Select: 40% (Evaluation Phase).
- Contract / Scaling Limits
Growth, Select & Lightning Funded: 25K up to 1 (10 micros), 50K up to 4 (40 micros), 100K up to 8 (80 micros), 150K up to 12 (120 micros).
- News Trading
No rules against trading news events, Dollar-Cost Averaging (DCA), flipping, or scaling.
- Overnight / Weekend Holding
Trading day runs 6:00 PM ET to 5:00 PM ET next day; all positions must be closed by 4:59 PM ET (Mon-Fri) before the daily maintenance break. Open positions are auto-closed at market close (no account failure; possible slippage). Holidays have different closing times.
- Other Key Rules
EA/Bots/Algo: allowed only if you are sole owner, for exclusive use within Tradeify, no HFT bots; may require a live video of you enabling the code. Microscalping rule: >50% of trades AND >50% of profit must come from trades held longer than 10 seconds. Hedging 100% prohibited (auto-detected); cannot trade micro and mini contracts simultaneously (switching across sessions allowed). DCA allowed if part of a structured strategy. Copy trading only across your own accounts. Idle limit: at least one trade per week (Mon-Fri) per funded account. Up to 5 Simulated Funded Accounts per user and per household.
Payouts
PAYOUT POLICY
- Profit Split
90% / 10% (all programs)
- Minimum Payout
Growth: $250/$500/$1,000/$1,500 (25K/50K/100K/150K); Lightning: $1,000; Select Daily: $250
- Payout Frequency
Select Flex: every 5 winning days. Growth: anytime once conditions met (>=5 profitable days). Lightning: anytime, no minimum days.
- Safety Net / Threshold
Growth balance needed: 25K $26.5K, 50K $53K, 100K $104.5K, 150K $156.5K. Select Daily buffer: 25K $1,100, 50K $2,100, 100K $2,600, 150K $3,600. Drawdown locks at EOD threshold +$100.
- Processing Time
Payments issued within 24-48 hrs after withdrawal (Lightning: within 24 hrs). Requests outside business hours (Mon-Fri 8am-5pm EST / federal holidays) may take up to 72 hrs.
Restricted countries
RESTRICTED COUNTRIES
- Restricted Countries
Afghanistan, Albania, Algeria, Andorra, Angola, Bahamas, Barbados, Belarus, Bosnia and Herzegovina, Botswana, Bulgaria, Burundi, Cambodia, Central African Republic, Cote d'Ivoire (Ivory Coast), Crimea (Region of Ukraine), Cuba, Democratic Republic of the Congo, Ecuador, Ethiopia, Ghana, Iceland, Indonesia, Iran, Iraq, Israel, Jamaica, Kosovo, Laos, Lebanon, Liberia, Libya, Malaysia, Mauritius, Mongolia, Montenegro, Morocco, Myanmar (Burma), Nicaragua, North Korea, Pakistan, Panama, Papua New Guinea, Russia, Somalia, South Sudan, Sri Lanka, Sudan, Syria, Trinidad and Tobago, Tunisia, Turkey, Uganda, Ukraine, Venezuela, Vietnam, Yemen, Zimbabwe