Tradeify is a simulation-based prop firm offering both challenge paths (Growth/Advanced) and a no-evaluation Instant Funding track (“Lightning Funded”). The brand markets “lightning fast 1-hour payouts,” plus clear payout policies for each program, with 90% to the trader on Lightning withdrawals and detailed rules in its help center. Messaging emphasizes quick eligibility, no activation fee on certain promos, and simple plan choices across Instant and challenge models. Overall positioning: a speed-and-clarity play for traders who want immediate simulated funding and rapid settlement.
- Instant Funding option (“Lightning Funded”)—skip the evaluation and start trading sim funding immediately.
- On-demand payout requests; primary processor claims fast turnaround (hours) with bank or crypto options.
- One-step Challenges (Advanced & Growth) with no time limit to pass.
- Broad platform choice: NinjaTrader, Tradovate, TradingView (via Tradovate), ProjectX, and Quantower.
- Futures product breadth (CME e-minis & micros, Treasuries, metals, energy, FX futures; some Eurex).
- LIVE program with daily payout request capability and 90/10 split on starting balance withdrawals.
- Clear, published risk parameters (daily loss limits by size; real-time vs end-of-day trailing drawdown).
- In-house trade journal included with all plans.
- Advanced funded conversion requires a $125 activation fee (Growth has none).
- Advanced/Growth payouts require 5 profitable trading days since last payout (consistency rule also applies).
- Strict trailing drawdown (real-time on Advanced) and consistency caps (20–35%) may limit aggressive strategies.
- Many restricted jurisdictions (incl. CA, UK, EU/EEA members, AU, NZ, etc.).
- Payout processing SLA in docs is 24–48h (Plane up to 7 days), which conflicts with homepage banner claims.
- Futures only—no spot FX, stocks, or ETFs.
Tradeify Review:
A futures-first and built for speed popular prop firm. You can skip evaluations with “Lightning Funded” or choose no-time-limit one-step Challenges (Advanced & Growth). Platform coverage is broad—NinjaTrader, Tradovate, TradingView (via Tradovate), ProjectX, and Quantower—backed by clear risk parameters (daily loss by size; real-time vs EOD trailing) and an in-house trade journal. Payouts are on-demand via bank or crypto; the LIVE program allows daily payout requests with a 90/10 split on starting-balance withdrawals.
Know the catches. Advanced funded conversion carries a $125 activation fee (Growth doesn’t). Payouts on Advanced/Growth require five profitable days since the last withdrawal and pass a consistency check (≈20–35%), while strict trailing drawdown real-time on Advanced will cramp aggressive styles. Jurisdiction restrictions are extensive, and the SLA (24–48h, Plane up to seven days) can clash with homepage “hours” messaging. It’s futures-only. Net: a strong fit for disciplined, rules-driven futures traders who want instant paths and flexible rails less ideal for high-volatility scalpers or anyone outside supported regions.
Tradeify Details
