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Challenge yourself and become a consistently profitable day trader.

💡 OVERVIEW

Tradeify provides educational materials to quickly get up to speed and an accessible 4 step simulated challenge environment to show what you can do. If you pass each step of the process, following our carefully ramped up rule system, then you can earn a $50k futures trading account and become a professional day trader.

How does The Challenge work?

Step 1 – Learning the basics

In this step you are learning the Tradeify Trader platform and understanding how to make orders, when to take profit, how to set stops and understanding the various technical analysis tools to help make decisions.

PROFIT TARGET: $250.

There is no monthly subscription for the first 2 weeks of this step. If you have not passed after 2 weeks you will be charged the monthly subscription.

  • If you pass within the 2 weeks you will be asked if you would like to move to step 2 at which point you will be charged your first monthly subscription.
  • You may trade a maximum of 5 contracts. There are no additional trading rules to this step and you may reset for free anytime.

Is there a time limit for the challenge? Are there limits to the number of resets?

There is no total time limit to complete the Tradeify challenge, however in Step 4 you must trade at least 10 days, there are also no limits to the number of resets. As long as you are up to date with your monthly subscriptions you can continue with the challenge. The goal is to learn how to trade consistently, the challenge is there to help you grow as a trader, it may take time.

What can I trade in the Tradeify Challenge?

The CME Group products listed below are the products that traders can use to trade in the Tradeify Challenge:

E-mini S&P 500 (ES)
Micro E-mini S&P (MES)
E-mini NASDAQ 100 (NQ)
Micro E-mini NASDAQ 100  (MNQ)
E-mini Russell 2000 (RTY)
Micro E-mini Russell 2000 (M2K)
Nikkei NKD (NKD)

Australian $ (6A)
British Pound (6B)
Canadian $ (6C)
Euro FX (6E)
Japanese Yen (6J)
Swiss Franc (6S)
E-mini Euro FX (E7)

Lean Hogs (HE)
Live Cattle (LE)

Crude Oil (CL)
E-mini Crude Oil (QM)
Natural Gas (NG)
E-mini Natural Gas (QG)

Corn (ZC)
Wheat (ZW)
Soybeans (ZS)
Soybean Meal (ZM)
Soybean Oil (ZL)

10-Year Note (ZN)
Ultra-Note (TN)
30-Year Bond (ZB)
Ultra-Bond (UB)
Eurodollar (GE)

Mini-DOW (YM)
Micro Mini-DOW (MYM)

Gold (GC)
Silver (SI)
Copper (HG)

EE-mini S&P 500 (ES)
Micro E-mini S&P (MES)
EMini-DOW (YM)
Micro Mini-DOW (MYM)

Rules Explanations

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 $1000 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.

To pass Step 4 of the Tradeify challenge 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 final step of the challenge you must make at least 1 trade for a total 10 days. The 10 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.

Tradeify Funded Trader

Once you pass the challenge you will be guaranteed a spot as a funded trader at Tradeify Captial. We will email you with the next steps that include:

  • Signing our terms and conditions.
  • Providing identification and banking details for withdrawals.
  • Relevant employment documentation (you will be hired as an independent contractor)
  • Choosing your data options and plan.