CFT Exclusive Tradeify Discount!
Code: “CFT” for the current best promo with Tradeify!
Tradeify runs sales often, and you are guaranteed to get the lowest price aka biggest discount available using my code: CFT – as one of the early adopters of Tradeify and writing this Tradeify review below, they have quickly become a favorite of traders for several reasons outlined before. Notable from the start – one time payment and straight to funded, no ongoing fees!
- Visit Tradeify here – code CFT
- Automatically get the largest discount available from Tradeify
- You can have up to 5 Funded Accounts
Tradeify review has been a popular request from people who wanted to know what I thought of Tradeify’s futures funding program. In fact I received an overwhelming number of requests for a Tradeify review. They definitely are a popular choice with their one time only fee and you get instant funding!
Disclaimer: The information below is updated regularly, but always check the Tradeify website for the very latest. I can’t guarantee every single detail is always up to date as companies fine tune rules or fees often.
Summary of My Tradeify Review
Tradeify has come at a time when there are several new firms, and they have stood out as the best of the new firms. They really came in strong with a unique offering, a firm where you go straight to instant funding, skipping the evaluation. They still offer both trailing drawdown and end of day drawdown evaluation accounts if you are so inclined, although I suggest the Straight to Funded are the best road for several reasons, outlined below.
There is no daily loss limit with the Straight to Funded accounts, just a maximum loss limit you can’t touch. To learn more about the Straight to Funded as well as Evaluation accounts (both end of day drawdown and trailing draw down), keep reading below.
There are no account resets at Tradeify on their Straight to Funded accounts. If you break a rule, you lose the account. Rather than pay a reset fee, you would just sign up for a new account. Remember you are going instantly to a funded account, there are no evaluations.
You can read more below about what I like and dislike about Tradeify. I think you’ll see by the Pros and Cons lists that there are quite a few Pros to Tradeify!
Straight To Funded Accounts Available and Pricing
Account Size | Price – One Time | Contracts | Profit Split | Max Loss Limit |
$50,000 | $549 | 5 | 90/10 | $2,500 |
$100,000 | $629 | 10 | 90/10 | $5,000 |
$150,000 | $699 | 15 | 90/10 | $7,500 |
Growth Accounts Available and Pricing (evaluation with EOD)
Account Size | Price | Contracts | Profit Split | Max Loss Limit |
$50,000 | $180 | 5 | 90/10 | $2,000 |
$100,000 | $339 | 10 | 90/10 | $3,500 |
$150,000 | $439 | 15 | 90/10 | $5,000 |
Advanced Accounts Available and Pricing (evaluation with trailing drawdown)
Account Size | Price | Contracts | Profit Split | Max Loss Limit |
$50,000 | $99 | 5 | 90/10 | $2,000 |
$100,000 | $179 | 10 | 90/10 | $3,000 |
$150,000 | $229 | 15 | 90/10 | $4,500 |
Software Available
When you sign up with Tradeify you will connect via Tradovate. This is a unique offering as it is a higher quality feed, and also allows you to use the Tradovate software, Ninjatrader, or as well you can use the feed for Tradingview, and other 3rd party software.
You can connect to other platforms though that support Tradovate. For example I’m a fan of Jigsaw Daytradr, so I connect Jigsaw to Tradovate no problem.
Multiple Accounts
“Can I have multiple funded accounts?” is a question I get asked often, followed by “are they under the same log in?”. The answer is a resounding YES!
- You can have up to 7 funded accounts (regardless if you go straight to funded or the evaluation routes)
- You can use trade copiers no problem (evals and funded)
Basically in line with Tradeify rules in general, they are more liberal than other trading firms and give traders flexibility.
Evaluation Rules
Tradeify has 2 types of evaluations. Below are the details of each. Note that the Straight To Funded accounts do not involve an evaluation, and are discussed later on.
Advanced Accounts – Trailing Drawdown
- No daily loss limit
- Trailing drawdown intraday
- Can pass in 1 day
- Resets: Price varies by account size
- Activation fee: $125
Overall, the Advanced Accounts are the most affordable, but with a trailing drawdown intraday some users find them more difficult to pass.
Growth Accounts – End of Day Drawdown
- Daily loss limits (varies by account size)
- Drawdown is updated at the End of Day (not intraday)
- Can pass in 1 day
- Resets: Price varies by account size
- Activation fee: $0
Overall, the Growth Accounts cost more than Advanced, but have benefits like no activation fee, and the end of day drawdown which is more comfortable for most traders.
Funded Account Rules – When You Go From Evaluation to Funded
Again, you should read all the rules on Tradeify website. It’s important to know the funded account rules are very similar regardless if you pay for Straight to Funded, or pass an evaluation and move to funded.
Besides the normal rules such as trade allowed products, in the time frames allowed, the main point I want to highlight is the 35% consistency rule. No one day of your total profits can be more than 35% when requesting a withdrawal.
For example, if you have $10,000 in profits after several days of trading your funded account, no one day can be more than $3,500 (35%) of the total in order to request a withdrawal. If you do have a larger day, fret not! Continue trading, and get the point where your largest day is less than 35%.
I want to point out that with the Evaluation to Funded route, there are maximums you will hit on payouts. In order to not deal with these, and have a road to a fully live in the market account, i suggest the Straight to Funded accounts.
Funded Account Rules – Straight To Funded Accounts
The rules when you purchase the Straight to Funded are slightly different on the consistency side. Essentially there is a 20% consistency rule. No one day can be more than 20% of your total profits.
The one thing I really like about the Tradeify Straight to Funded accounts is after your 5th or 6th payment, you will be evaluated for moving to a fully live, in the market, account. There would be no maximums on profits made and withdrawals once you get to this point.
Funded Account Fees – Evaluations
There are no activation fees for the Straight to Funded accounts, nor the Growth accounts. For the Advanced evaluation accounts, there is a $125 activation fee. Remember to use code CFT to receive the largest discount available when signing up.
Funded Account Withdraw Frequency & Methods
This is one where I do really encourage you to read the withdrawal rules from their site. Below is a general high level of how it works. It’s not too complicated honestly to withdraw and get a payout from Tradeify.
First, withdrawals are twice a month: beginning of the month, and mid month.
Payouts 1 to 6 will have maximum withdrawal amounts. The amount depends on a) which size account you are trading and b) if you did Eval to Funded or Straight to Funded. The amounts are relatively the same, but not quite.
With the Eval to Funded route, note that the maximum withdrawal after #6 is $25,000 per account.
With the Straight to Funded, after the 5th or 6th payout, you will be evaluated for moving to a fully live, in the markets, account. At that point you would have no cap on your payouts. This is the biggest perk I believe of the Straight to Funded accounts.
Pros of Tradeify
- One time fee only on Straight to Funded – skip the evaluation!
- Tradovate feed – access to Ninjatrade, Tradovate and just a better data feed
- Evaluations available as well if you prefer (less cost, but will have maximum withdrawals)
- Multiple funded accounts, up to 7
- No daily draw down, just a max loss limit (Growth and Straight to Funded accounts)
Cons of Tradeify
- If you want to use Straight to Funded, it does cost more. Since you skip the evaluation and unlock the potential to go full live, it’s not the worst.
Unique Standout Features of Tradeify
- Best: 1 Time Fee! No more ongoing monthly fees.
- 2nd Best: Tradovate! Hugh perk
I hope you found my Tradeify review helpful. I really like what I’m seeing from Tradeify and look forward to a long relationship trading with them!
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Risk Disclosure:
Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.
Hypothetical Performance Disclosure:
Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight.
In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.
You can read more here: Risk Disclosure
Affiliate Disclosure:
The external links on my site and in my video descriptions to trader evaluation companies and software companies are primarily affiliate links. I earn a commission from these companies on any sale made from people visiting these links. That said, I only recommend companies and software I personally use and actually do recommend. Believe me, I turn down a lot of companies who approach me. You can read my full Affiliate Disclosure here.
Additional Disclosure:
The content provided is for informational purposes only. I do my best to keep the content current and accurate by updating it frequently. Sometimes the actual data, rules, requirements and other can differ from what’s stated on our website. CanadianFuturesTrader.ca is an independent website. You should always consult the rules, faqs, knowledge base and support of any of the websites and companies we link to or talk about on our site. The information on their site will always be what ultimately dictates the current rules of their program, software or other. While we are independent, we may be compensated for advertisements, sponsored products, or when you click on a link on our website. The contributors and authors are not registered or certified financial advisors. You should consult a financial professional before making any financial decisions.