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Maximum number of contracts refers to the total maximum amount of contracts you may have open on your account at a time. For example, if you are only allowed 6 contracts, you may have 6 contracts of one product open, or a mix such as 3 $ES and 3 $NQ. If you have more than 6 contracts open longer than 5 seconds, you will fail the challenge. You will be notified end of day about the error if so.

The daily loss limit is the loss amount that you cannot exceed at any point during the trading day between 6:00PM EST to 4:10PM EST.

The daily loss limit is the net loss during that day i.e. for the Tradeify challenge if you lose more than $1,000 in the day you will break the rule. The net loss will include all your commissions, fees.

As the daily loss limit is net, if you are $500 in profit in the morning but have a bad spell and end the day $500 in loss, you will not break a rule. You may have lost $1000 from the peak of your day to the end of the day, your net loss for the day is still less than $1000 so you do not break a rule.

If you break this rule your Tradeify challenge or Tradeify Funded Trader accounts will immediately be stopped for trading. The rule resets each trading day.

The Trailing Maximum Drawdown is a minimum account balance that trails with your profits made in the account.

The trailing maximum drawdown is a gross loss during that day i.e. for the Tradeify challenge if you lose more than $1,000 at any point, even if you have made profit, it break the rule. The net loss will include all your commissions, fees.

The trailing drawdown is used to help traders keep their hard earned profit and prevent them from losing it right back.

To pass the Tradeify challenges and for Tradeify funded traders we require that our traders close their positions before 4:10PM Eastern Time Monday through Friday when the markets close.

You must not hold any position after the market has closed. Traders can resume trading when the market opens at 6:00PM Eastern Time Monday through Thursday and on Sunday evening. Traders must not have any position open while the market is closed, this will break a rule in the Tradeify challenge and result in rule break in the Tradeify Funded Trader program.

Some futures markets close at different times and you must make sure that you do not hold these positions after the market has closed. These can include: Corn (ZC), Wheat (ZW), Lean Hogs (HE), Live Cattle (LE), Soybeans (ZS), Soybean Meal (ZM), and Soybean Oil (ZL).

There are also holidays where the market may close at different times, again positions must be closed when the market closes.

To pass the challenge you must make at least 1 trade for a total 7 days.

The 7 days do not have to be consecutive and can be spread out over a period. This rule helps us ensure that you are a consistent performer and a chance to test your skills over multiple days and different conditions in the market.

If you break a rule and fail the challenge you can reset your account at any time. Simply purchase reset credits and reset your account in your dashboard and try again!

Once you pass the challenge you will be guaranteed a spot as a funded trader at Tradeify. We will email you in the next 48 hours with a contract for you to sign and a payment page to pay the Funded Trader Activation Fee of $149. Once you have signed the document and paid the fee we will set you up with a rapid funded account within 7 days.

In order to request a payout, a Rapid Funded Account trader must have traded a minimum of 10 days AND have 5 of the trading days showing a profit greater than $100. Eligible payouts can be requested at any point and are paid out at a fixed date (15th) each month.

When the first withdrawal is requested please contact hey@tradeify.co and Tradeify will set you up with an account on our payment partner Deel.

Minimum payout is $1,000.

For the first 3 months of a new Rapid Funded Account the max payout is:
$50k: $2,000 per month
$100k: $3,000 per month

A Live Funded Account can request a withdrawal with no limits at any time and are paid out on a fixed date (15th) each month.

A rapid funded account is simulated live trading account. New funded traders can take some time getting used to trading in a live environment and the rapid funded account gives you more time to prove consistency while getting paid for profits.
Our risk managers will be continuously monitoring your activity to determine whether you are ready for a live trading account.

You may only have up to a maximum of 3 Rapid Funded Accounts at any time.

A live funded account is a trading account with real money trading on the live futures market. Tradeify risk managers will determine traders eligibility for this account based on performance in the challenge and with a Rapid Funded Account.
Any new Live Funded Traders will have to pay a data fee to trade live data feeds. Tradeify will send you a payment form for this.

You can only have 1 Live Funded Account at any time, if at the time of being moved over to a Live Funded Account you have multiple Rapid Funded Accounts the total trading balance will reflect the total balance of the multiple Rapid Funded Accounts.

The first $10k you make you keep in full with no profit share to Tradeify. After $10k Tradeify takes a 10% commission on all profits.

The Funded Account Activation Fee is a single, $149 fee. This is charged to traders during the setup process for each Rapid Funded Account. The fee is the same amount across all account sizes.

Yes your monthly fee will continue while you are a Rapid or Live Funded Trader to manage our platform and support costs.