Tradeify Review (Everything You Need To Know)

Tradeify is a futures prop firm with many account sizes and options to choose from. In this Tradeify review I will breakdown everything you need to know. This is probably THE MOST extensive review ever done on Tradeify.

Table of Contents

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Tradeify Prop Firm Evaluation Accounts & Sizes

Tradeify has a ton of options when it comes to their prop firm evaluation accounts. See the chart below for a breakdown of the Growth and Advanced evaluation accounts.

Growth

Advanced

Profit Target

$3,000

Max Contracts

5 Minis or 50 Micros

Daily Loss Limit

$1250 (soft breach)

NONE

Max Drawdown

$2k

Drawdown Mode

End of Day

INTRADAY

Minimum Days To Pass

1 Day To Pass Challenge

Reset Fee

$85

$45

Activation Fee

$125

Coupon Code

Code: 7DAYS (35% off)

Which Tradeify Evaluation Is The Best?

Just looking at the chart above you will see that the growth account seems to be the better offer. You pay more initially for the account however the total cost all in is much cheaper as you do not have an activation fee of $125 like the advanced account.

One thing to note is that the resets are much cheaper on the Advanced account but it does not make the account the better option unless you plan to reset it very often. At a certain point in resets and challenge tries you will reach the point to where the Advanced account is more worth it to trade especially if you take many tries to pass an evaluation.

Tradeify Growth

The Tradeify Growth account is the account I typically go for as it is the cheapest option all in initially and I can pass an evaluation with just one trade. I also like end of day trailing drawdown as I sometimes take some larger risks when I am trading. In the image below you will see all of the account sizing options as well as some of the information on each account.

Tradeify Advanced

The Tradeify Advanced account is also a great account. The resets are cheaper if you need them and that could in the long run make this account the better account for you. Don't forget about the $125 activation fee once you pass the account.

Tradeify Total Cost To Trade

Based on the $50k account you will be all on $90.35 if you choose the Growth account and pass it without a reset. If you reset or take more than a month to pass you will be in for more money on the account. The goal would be to pass your first try and be trading the following day funded with an all in cost of $90.35.

Tradeify Straight To Sim Funded Futures Trading Accounts

Instant funding is a pretty amazing offer that Tradeify offers and I have tried out these accounts myself. One thing I do not like about the instant funding is the 20% consistency rule but that is not a huge problem. Just hit your profit target and trade it the same every time and you should be fine. Below is a picture of the account options for straight to sim funded at Tradeify.

My Personal Experience With Tradeify

Tradeify has quickly become one of the top futures prop firms with a brand and reputation that stands out. They never deny payouts and they seem to add rules that are in favor of the traders especially the last several rule changes.

Tradeify Website Features

Tradeify has probably the best website and platform due to their interest in creating a trader dashboard that works for traders. They even have a trading journal which you can use to keep up with your trading activity. They seem to care more than most.

Recent Rule Changes

The last two rule changes have been great news to traders who trade with Tradeify. The rule change on payout windows was awesome. You used to have to wait for certain days to request a payout but now you trade your 10 days (now 7 days) and you can request a payout instead of waiting.

Also, the most recent change was from 10 days to 7 days. That alone is huge. Trading 7 days and getting paid is so much better than a 10 day payout.

Tradeify Rules

Rules are rules and with some prop firms they really suck. Not with Tradeify! The rules are simple! You must trade and keep your account above a certain amount also known as drawdown or buffer and you must hit a certain consistency 35% for eval to sim funded accounts and 20% for straight to sim funded accounts. That is all. There are minimums like you must hit $150 per day for 5 of your trading days and minimum of 7 days of trading for a payout.

Tradeify Payout Policies

This is the part we as funded futures traders should 100% understand so we can work towards our goal of a payout. The bar chart below shows the minimum balance needed for a payout. This does not mean you have to take a payout when your eligible as building a nice buffer is highly recommended.

Minimum Account Balance For Payout

Growth Account

Account Size

Minimum Balance

$50,000

$52,100

$100,000

$103,100

$150,000

$154,600

Advanced Account

Account Size

Minimum Balance

$50,000

$154,600

$100,000

$154,600

$150,000

$154,600

While taking a payout is great I think it is an even better idea to wait just a bit and build yourself up a nice buffer. Take as little of a payout as you can and keep working toward building up your account balance with consistent profits each day.

If you have a $50k account and you reach the profit target of $52,100 you can withdraw up to $1,500.

Maximum Payout Amounts

Most prop firms have a maximum payout amount until you reach a certain payout number. For Tradeify you can withdraw a certain amount the first 6 payouts then you can withdraw up to $25k after the 6th payout. Below the chart will show you exactly how much you can take each time.

$50k Funded Account

Payout #

Amount

Payout 1

$1,500

Payout 2

$1,750

Payout 3

$2,000

Payout 4

$2,250

Payout 5

$2,500

Payout 6

$3,000

$100k Funded Account

Payout #

Amount

Payout 1

$2,000

Payout 2

$2,500

Payout 3

$3,000

Payout 4

$3,500

Payout 5

$4,000

Payout 6

$5,000

$150k Funded Account

Payout #

Amount

Payout 1

$2,500

Payout 2

$3,000

Payout 3

$3,500

Payout 4

$4,000

Payout 5

$4,500

Payout 6

$5,500

After your 6th payout on all size Tradeify accounts you can withdraw up to $25,000 per account but you still need to remain at or below the 35% consistency rule for evaluation to funded and 20% for straight to sim funded accounts.

Conclusion

I absolutely love trading at Tradeify! The accounts and payouts are all great. I will say this though, there are other futures trading prop firms with better drawdown than Tradeify. They give you $2,000 on a $50k account while other prop firms offer $2,500 or even $3,000 in drawdown which is significant.

One thing is for sure! They have never missed a payout and have been a very trusted firm to trade with. My style of trading I need about 30 funded accounts at any given time with several firms trading throughout the day so I can build a nice profit in each and take my payouts when eligible. With that said I recommend diversifying your trading with many different firms. Don't keep all of your eggs in one basket. Trade as many firms as you can. To accomplish this I use NinjaTrader and I sometimes copy trade or trade each individual account. You can see my NinjaTrader setup here.

If you want to get an account with Tradeify then click here to get started! You can also check out other prop firm discounts using this link.

NOTICE: This Tradeify review is based on my own experience and opinion. Nothing in this review should be considered financial advice. I am just a guy on the internet sharing my experience and information I have learned through trading with this and other futures prop firms. You can lose money trading and you will lose money trading. Please trade at your own risk.

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