Tradeify

Funded Accounts

Drawdown locks when profits exceed the drawdown limit by $100. Note that it does not stop trailing on Evaluation Accounts until the Profit Target is reached.

Growth and Lightning Funded Accounts

DLL cannot be used as a stop loss. Exceeding this level is a soft breach, meaning that trading is stopped for the current trading day. Once account balance closes above 6% profit, DLL converts to a Max Trailing Drawdown (only on Growth and Lightning Funded Accounts).

All accounts

Hedging is not allowed.

All accounts

There are no restrictions on trading news events.

All accounts

Positions cannot be held overnight and must be closed by 4:59PM EST. On holidays, they must be closed by 12:59PM EST. This will not result in the loss of an account though.

Funded accounts

Removed the 7 minimum trading day requirement for payouts across all funded account types. There are still minimum profit day requirements for the Growth and Advanced Funded Accounts.

All accounts

Allowed at Tradeify, but only under certain conditions. Read the guidelines for traders.

All accounts

Must place at least one trade per trading week, per account.

Funded Accounts

Over 50% of profits should come from trades held longer than 10 seconds AND over 50% of trades are longer than 10 seconds.

Select Funded Accounts

Select Funded Accounts have a scaling rule, meaning available leverage depends on the EOD balance of the account.